i'm matt miller, in four betty liu this morning.estors pounded blackberry shares after the company denied it helped take over talks with samsung. blackberry rose 30% a day earlier on reports it was an takeover discussions. tonight that report -- it denied that report. you won't be able to buy google glass for a while. suspending consumer sales. it is back to the drawing board to design improved devices. it will function as a separate unit. fourth-quarter profit fell more than 7% at goldman sachs. same story we have heard from several other big banks. revenue from fixed income trading fell again. goldman's earnings did beat estimates. at least it is managing the street. markets are still reacting to the swiss national bank decision to remove the cap on its currency. the surprise move sent the swiss franc soaring joining us now is jim o'neill. thank you so much for joining us this morning. you did not see this coming. even christine lagarde did not see this coming. what do you think of this surprise? >> it is quite a drama. with my ne

i will send it back to you, betty liu.ck thank you very much -- >> thank you very much. >> think clearly, work in siberia. plan ahead. >> stephanie ruhle in devil's -- davos. there is a lot more ahead. on top of company news, a hong kong billionaire taking aim at a british wireless carrier. in talks to buy them from the owner telefonica. they already own a u.k. wireless carrier. fourth-quarter earnings beat estimates at ge. they boosted sales in power and water. sales in oil and gas fell 6%. shares of a cloud source provider -- shares priced above the marketed range. the first public offering of a company that helps is this is manage and store data over the web instead of through on-site computers. the trend in this economy. coming up, bankunited ceo -- wants wall street to take notice of the progress. we will talk with him in a moment. ♪ >> ups just out with their earnings. stocks are sinking in the premarket on their guidance. scarlett you -- scarlet fu with more. >> this was a negative announcement. the company was not

i am betty liu and this is "street smart." the east coast racing for an historic snowstorm.uctuating, the euro strengthening. goal declining -- gold declining as investors estimate the fallout from the greek vote will be contained. "street smart" starts right now.

earlier betty liu spoke with the chairman from hong kong and started asking him about ali baba's mobiletrategy. >> we had a very good quarter. if you look at the growth and the metrics that we really focus on, it is gnv and active buyers. o nan a gnv basis during this quarter we grew 49%. we now have 334 million active buyers on our platform. these are consumers coming to our platform day in and day out to buy things online. we are very happy with that result. on a net ad basis this quarter we added 27 million new active buyers. a lot of that is driven by the user engagement and activity on the mobile platform. >> let's talk about mobile. i know it is hip and cool these days for company ceo's to talk about what they're doing on mobile, and there's a lot of growth there. your add rates on mobile are lower than they are on desktop. is it really a great move for growth for ali baba to encourage their shoppers to go mobile? >> yeah, so this shift to mobile -- obviously there are two sides of the coin. on the monetization rate the reported 1.96% monetization which has been trending up over t

i am trish regan in for betty liu.carlet fu is revealing the name that you need to be watching. >> let's start with apple. it's the most commonly traded spark with 36 million dollars worth of shares being exchanged. the prospect of cash returns and earnings momentum. the shares are gaining it. the most -- second-most actively traded is amazon. gross margins will rise in 2015. let's move on to hewlett-packard. it is a downgraded. rising competitive risks, the market share rose to 18.8% from just over 16%. best buy is getting an upgrade over at goldman sachs. solid sales for holiday numbers. its position as he sold surviving electronics retailer there is a lot of excitement over flatscreen televisions. >> 2014 was an incredible year for investment. funds raised $32 billion last year. it was a 62% jump. it was the highest total since 2007. there was heavy interest. it is fueling fears that some parts of the venture capital industry may be overheated. i want to turn to john medved. he is the founder of the israeli crowdfun

with "in the loop" anchor betty liu.going to head out onto the field next to show how microsoft surface is changing the way coaches play. ♪ >> you are watching the best of "bloomberg west" where we focus on innovation, technology, and the future of business. i am cory johnson. hey it's super bowl weekend. , patriots back against the defending champions the seattle seahawks. more than deflated balls, technology took a center role. i went to seattle ahead of the super bowl a few weeks ago, and i had a chance to talk with russell wilson about how the microsoft surface tablet is helping change the way the team draws plays. check this out. >> every time russell wilson does this, the nfl is watching and so is microsoft. this season, the nfl introduced digital, the custom microsoft surface tablet, on the sidelines. way up here in the catacombs are of centurylink field, the clink are where cameras capture the , images but the cameras are controlled by the nfl. the league takes the image. the team approves the image and instantly

betty liu is next on bloomberg television. >> good morning. it is monday, january 26. bloomberg headquarters. nine minutes away from the opening bell on this stormy monday in new york. much more ahead on greece. greece on a collision course with europe over the bailout. the anti-austerity party syriza has won the greek elections in a surprise victory. we have got the former u.s. ambassador to greece nick burns, joining us with his analysis on what this means for your could we will speak to dartmouth a economist danny blanchflower. and it is one of the biggest selling videogame series ever. you recognize these characters, don't you? it is cap theft auto. we will talk to the ceo of the coming that publishes the videogame, take-two interactive. strauss zelnick will be joining us in a few moments. here is a look at our top stories. the incoming prime minister of greece has a warning for europe.

i am betty liu. we have a jampacked show for you this morning. digesting a president's state of the union speech last night and what it means for business. billionaire investor sam is in the house parrot how he feels about the president's push for middle-class tax cuts. live interviews with heavy hitters. the ceo of j.p. morgan's asset management division hair and also, larry summers will be with us and many more. plus tom a look at our top stories president obama says it is time to turn the page from the financial crisis. and last night in a state of the union address, the president said there is proof the policies are working. >> ever -- at every step, we were told our goals were misguided and to envisage that we would crush jobs and explode deficits. instead, we have seen the fastest economic growth in over a decade, our deficits cut by two thirds, a stock market that has doubled and held inflation in the most and 50 years. -- 15 years. >> among proposals, higher taxes on the wealthy were hiring employers to offer paid -- sick leave. the repub

"in the loop" anchor betty liu joins us now.he automakers are doing well, but detroit the city still has to get it ducks in a row. >> right. isn't to be in the right direction. moody's last month upgraded their debt. they are still rated "junk," but they seem to be moving in the right direction after they declared bankruptcy. commissioner governor rick snyder says we have taken care of our structural problems and are now working our way out, but are they really? some say their projections of budget are a little too optimistic. they are still faced with thousands and thousands of lighted homes that have yet to be removed. they only restructures -- they restructured about $900 billion of their debt, but they have got a lot more to go. they have got $1.7 billion in obligations. they say $500 billion of that is going to come from new revenue sources. where are the? is a property taxes? look at what property market has done. state revenue sharing, they have gotten a lot of their money from the states as well, but they are facing labo

coming up in the loop with betty liu. stay with us. ♪ >> good morning, everyone.ning. we're watching oil south in the euro souther. it's a new word. >> nissans december sales beat expectations. it was the best year since 1996. u.s. dealers sold 170,000 nissan and infiniti models in december. the founder of wainscot capital was gunned down in his apartment yesterday. his son was taken into custody but has not been charged. the elder spent decades in stocks before starting his own fund in 2011. americans were logging on for love last night. the first sunday after new year's day is the online busiest day for dating. matched says it requires patience. it takes men 10 weeks and women about eight weeks. those are your top headlines. people are looking for love online. in europe there could be a high product -- profile divorce between greece and the euro. >> ian bremmer is with us. let's rip up the script. they are an datable. >> it's not like their other organizations out there. >> let's say they were able to piece together a government. >> should that be the guy that w

he sat down with betty liu. ♪ >> amazon's ambition has reached new heights. sign the company announced it is getting to the movie business. they will release original films in theaters and then stream them. netflix has announced similar plans. cory johnson is in san francisco for us. why this the everything store need to make movies? >> they have been after original content for a couple years. they had great success in the golden globes, winning big awards. shining a light on this business they have been trying to grow. when you think about the big companies in technology, whether it is google or microsoft or amazon, their plan is nearly identical. netflix posts on amazon's servers. amazon understand what netflix is doing. they have the customers. they know what their customers want. how their customers consume. this prime business is growing for amazon. the release of movies in the theater before they show up any prime service, gives those films a different kind of cachet than netflix. >> brendan greeley and i were struck by the fact that amazon is protectin

betty liu is on the floor of the u.s. stock exchange. it's all yours. >> i am here with danny meyer. it is a big day for these guys. the stock is up $47. congratulations. >> it is great to see you here. >> i know you're going to use these proceeds to expand to 400 shores in the next 10 years. where are these going to be? >> we talk about a good plan of 10 shack's premiere in the united states that we intend to own. we are going to deepen our roots in the current markets. we are just launching in las vegas a few weeks ago. later this year we are launching in austin texas. we are excited about the shacks this year and grown the on it were the years to come. >> how about overseas -- overseas growth? >> 27 of our 63 restaurants are international. an incredible dynamic business. we see a lot of opportunity in the u.k.. we have a unique moment, where the world those who shake shack is. >> you are all about quality. one of the challenges is people -- is how do you keep that quality ingredients? how do you keep quality food as you are expanding

. >> my first day working for bloomberg, i flew to new york and sat next to betty liu and jeff weinerhe said there will always be a linkedin separate from a facebook because there'll always be a picture of you doing a keg stand that you don't want to share with work. can facebook really be something at work? >> it is a completely separate instance of facebook. your work persona is separate from your personal persona. that is smart. >> facebook for mom. >> thank you very much. "bloomberg west" will be back. ♪ >> intel's were cast for the current quarter is sparking concern that the one-time benefit of increasing pc sales in 2014 won't happen again. i sat down with intel's chief financial officer to find out the company's strategy for handling the pc slump. >> the fourth quarter was a strong finish to a great year. our growth was broad-based over the course of 2014. the pc market grew. our revenue in that segment was up. then we saw a robust growth in the daters tend or -- stata center -- stata center. >> do have any suggestions what we might be seeing, and if this was -- it usually loo

i am betty liu. we are nine minutes away from the opening bell and i have a packed show for you.30 a.m. the reality that lower gas prices is getting americans to spend. we will find out. scott will be joining us and also with us is a former ceos even newman. plus shopping for an nba team? the russian owner of the brooklyn nets wants you to call them. so worth a lot of money. i sat down with the owner of the cleveland cavaliers. what is it like having lebron james back on the team and how did they exactly make up this summer? an exclusive look at the complicated relationship. and we have breaking news just a moment ago. i want to get to our chief markets for

"in the loop" post betty liu joins us. >> why is that still around? year, part my language, that the glass-holes go away. [laughter] in the last few month, who has heard any news about google glass at all? this was supposed to be the big wearable that everyone was going to be walking around in. for allow, people were walking around with their google glass. >> may be in silicon valley, not here. >> even though it wasn't a wide consumer product, there was some pushback. the restaurants that band google glass. >> restaurants, just people started to feel -- even gregg harper, who is going to be joining us, told us that he was wearing them to several corporate meetings in the beginning. were asking him all about it they were very intrigued. but as he kept wearing them, he started to feel uneasy like you was getting dirty looks. he started to feel like a glass-hole. >> that's good news of their natural restraints on social technology. there are no cell phone areas in the gym, because if you don't want your picture taken while you are working out. i like thi

. >> my first day working for bloomberg, i flew to new york and sat next to betty liu and jeff winner said there will always be a linkedin separate from a facebook because there'll always be a picture of you doing a keg stand that you don't want to share with work. can facebook really be something at work? some of.. >> the >> stuff on it is so personal -- the stuff on it is so personal. >> it is a completely separate instance of facebook. your work persona is separate from your personal persona. that is smart. >> facebook for mom. >> thank you for a much. "bloomberg west" will be back. ♪ >> starbucks, amazon lots of companies embracing new mobile technology. helping them is a company that creates custom written cloud-based software for 3.5 million companies. matt, give me an example -- what have you done for starbucks behind the scenes to help them incorporate mobile into how they operate their business? >> building custom applications that make them different, special from other firms. starbucks came to us to do the inspections for all their facilities 17,000 facilities around north

i'm erik schatzker, along with betty liu today on "street smart." 2015 resuming where 2014 left off -gold. oil fallen to the lowest level since 2009. >> and, ecb president mario draghi sending a strong message to the market. could ecb be on the verge of an aggressive stimulus package? quantitative easing, we are breaking down the options. >> and how big of a knighted huber -- night date uber

betty liu spoke with the hospitality ceo and the chief executive at the new york stock exchange and asked them how going public could affect the way they do business. >> this is our first experience having public investors. we know that is a huge responsibility. i think the thing we will focus on is what we always do, cooking one burger at a time, creating one smile at a time. we are honored that so many people have an interest in our future, which is really bright and long. other than that the one thing that does feel great to us is that so many of our employees are among our shareholders, and we are going to be working for them as much as anybody else on the street. >> i cannot help but notice that you are having an ipo the same week that the donald's struggles are glaring. their ceo stepped down. -- mcdonald's struggles are glaring. their ceo stepped down. what lessons do you take from mcdonald's? >> i think what we see is a seismic shift in people's expectations of food today. people one no hormones and no antibiotics in their burgers. my kids are going to grow up in a generation of p

. >> for more on alibaba, betty liu spoke with joe sigh.ic number one, mobile. >> this shift to mobile is obviously two sides to the coin. on the monetization rate, it has been trending up over the last few quarters. the one thing to remember about mobile is we have now 200 62 5 million monthly active users that are going -- 265 million monthly active users. that is very good in spite of the net adds. we believe as long as you continue to attract users on mobile to buy things, to engage on your platform, at some point monetization will follow. one thing i would like everyone to remember, in the fourth quarter, alibaba generated $1 billion u.s. in mobile revenue. this is a substantial number. >> on other developments, speaking about mobile, yahoo! saw some good mobile revenue growth a day ago. marissa mayer has now spun out her alibaba shares into spin co. would you have any interest in buying all or part of spin co.? >> we don't anticipate buying into an agreement with yahoo! or spin co. this is their right to do. the board obvious. they de

"in the loop" anchor betty liu spoke with quicken loans founder dan gilbert for an exclusive interview us now. >> governors from across the country have made or are going to make their state of the state speech is stop rick snyder, though, as you mentioned, has sort of an extra thing in his back park it, and that is dan gilbert, the billionaire of quicken loans the founder who has himself put in billions of dollars all stock he is on a one-man crusade to save detroit. we were there last week during the auto show. i stopped by. he has got a big model of the building see bought the one point $6 billion of buildings he has bought, and what he plans to do -- i asked him, look, it is great that you are buying these buildings, but the fact of the matter is the real problem for detroit are the 70,000 plus buildings that are abandoned right now. what are you going to do about that? >> it is like a cancer. if you do not remove it all, it grows back and that is what happens. you go into a neighborhood and there are 100 homes and 50 get removed in a given year, there are still 50 more there and s

i'm betty liu. story this hour, a shooting in a suburb south of paris killed an unarmed policewoman and injured a traffic accident. this comes one day after the shooting at the headquarters of charlie hebdo. two gunmen are at large. one alleged assailant, an 18-year-old, surrendered to police in paris. joining us at the site of the second shooting is caroline connan. describe what exactly is happening at this moment. >> the incident here and a suburb of paris -- initially there was a traffic incidents. some local police officers came to the scene in one of the drivers involved in the traffic accident came out of the car and started shooting at the policewoman and a city worker securing the roads around the traffic accident. this gunmen is still on the loose. earlier, there was a special response team, 20 verily heavily armed policeman. they went into a house but did not find anything and came out an hour later. the gunman who shot the policewoman still has not been found. >> i want to make clear tha

i am betty liu. a huge market reaction right now.disappointing retail sales numbers for the month of december. retail sales were down about 9/10 of 1%, also down 0.3% when you included autos and gas there that is taking on the market in particular the bond market the 30 year treasury yield, now down to a record low. i want to get to scarlet fu, who has got much more on the reaction. as a germanic reaction as that should you look at the yield of the long bond. this is what happens when the retail sales number came out. an unexpected drop for the month of december, the most important month when it comes to retail shopping. you can see the point lower hitting a low of 2.4161%. i want to contrast that with what it looked like a year ago. a year ago, betty, you are at 3.82% for the bond. now, the yield is 2.416%. 3.82%. we are also seeing the end strengthen -- the yen strengthened. u.s. stock index figures a race gains and headed lower. a big leg lower. we are looking at 1.3% for s&p and futures there it collects it just went down the cle

betty liu will be discussing this on "in the loop" this morning. i is right.is right. wire home stocks down about 4% this year? we are only about a month into the year, of course, but what is going on? we've had so much help from the government. without homeowners lowers -- we have had homeowners lower the interest rate. fannie mae and freddie mac working with homeowners but it's still a buyers market. we will figure that out. a new book on how to get an edge right now in the housing market. i have one solution for you guys. what is it? why don't we just let the chinese come in and by the housing market? -- and buy the housing market? seriously, shares in their markets have gone from 5% to 16%. guess how much they pay on average? $500,000 almost four times of the costs of a house in the united states. it got a lot of money. why not open the market to them? >> and i've been hearing about these chinese corporate partners buying up which will -- buying up bushwick. it's incredible. >> then come the chinese. but they are the next trend here. what -- >> they are th

"in the loop with betty liu." ♪ >> good morning, everyone. "bloomberg surveillance."c markets. we are still focused on paris. here is scarlet fu with the top headlines. >> the chinese government -- sony said time is needed to make changes on the playstation 4. looking into the hedge fund pa's ties to payday lending. the inquiry is in its early stages. one of the suspects in yesterday's massacre is in custody. the two other suspects were reportedly spotted in northern france. earlier today, a shooting in the south of paris took the life of a female police officer. it is not necessarily linked to the shooting yesterday. the eurasia group identify the politics -- the friction among eu states is worsening and far right political groups are developing momentum. willis, you guys were out front on all of this. what does yesterday's attack do with this? >> the external pressure is the smaller part of the risk. if you go back to 2009 or the beginning of the eurozone crisis in 2011, there was political unity in response to the economic crisis. everyone cooperated. the sense of

i'm betty liu. there is a look at our top company news this hour.hareholders of family dollar expect a takeover by dollar tree. dollar general made a larger offer. microsoft pushing into the future with the windows 10 operating system. a version of the system is called windows holographic and includes special glasses that allows the user to see holograms. nasa will use the holographic elegy for mars exploration -- technology for mars exploration. tootsie roll may go up for sale. shares rose 7% after the death of the ceo yesterday. he was 95 years old. his widow will become the new ceo but she is 82 years old. tootsie roll may be up for sale. mario draghi will be speaking at any moment. they decided to keep interest rates unchanged at record lows. mario draghi said he will be announcing further also measures -- further policy measures. i'm joined by olivia sterns p review been following this all morning long. a bit of a striptease. they said they would keep interest rates unchanged. they would be announcing some new measures >>. >>further measures me

good morning, i am betty liu. here is a look at the morning headlines.m wants to make sure no one can take control of the company they acquired. they are trying to claw back losses on the swiss franc. jpmorgan made money, they did not. more bad news for beleaguered airbag maker toccata. it is the fifth u.s. death listed -- linked to the safety devices. according to the lawsuit, the victim was killed due to a honda accord he bought in april. costco spreads the wealth. they are getting rid of excess cash by report -- returning to $.2 billion to shareholders through a special dividend. the one time five-dollar share payout, is the first of its kind since december, 2012. in about two minutes we look at the latest raid on the strength of the economy as -- read on the strait of the economy as gdp numbers for the final quarter of 2014 are released. i jobs growth, -- high jobs growth, a foreign implement rate, a strong dollar -- is america rolling back? that is the question posed by the bloomberg economics editor in his cover story in "bloomberg businessweek." p

i am trish regan in for betty liu. we are 90 minutes from the opening bell.to raise the gas tax. that hasn't happened for two decades. we are going to talk with the former transportation secretary if this is a good thing for the economy right now. audi debuts its latest suv. we will talk with the ceo. first, here's a look at the top stories we are watching for you this morning. oil passed another milestone on the way down. it fell 4%. training is below $45 a barrel. -- trading is below $45 a barrel. opec can withstand the plunge and oil prices. the british inflation rate hasn't been this low in him was 15 years. consumer prices rose one half of 1%. they will write an open letter explaining

good morning, i'm betty liu.gan stanley is trying to reassure clients after an in-house data break. one customer said he stole data from wealth management customers but morgan stanley says there is no effort -- there is no evidence that any client lost money. you'll probably see a salt driving car on the road within five years but it will not be made by ford. the ceo of ford said they are focusing on less expensive features that help with driving and we will hear from him later this morning at 10:30 a.m. eastern time. samsung will focus on the growing business of smart cars and smart connected homes. the biggest maker of televisions says all products will be internet ready within five years. their earnings on smart phones have been squeezed by apple and cheaper chinese devices. we can just sit there and all your machines will do everything for you. bloomberg television is on the market. equity futures have now turned slightly lower. we were not able to hold onto the rebound we saw earlier this morning. dragging d

i am matt miller in for betty liu today and here is a look at top stories. be little changed at the open. unexpected jump in jobless claims last week. wholesale prices fell last month by the lowest in three years. energy costs obviously holding down inflation. a real shocker for the switzerland central bank. it did away for its minimal exchange rate for the central bank. up 16% against the euro and the dollar. it was working, but now it is done. the swiss stocks got hammered as well. the benchmark swiss market index is down 10%. in the u.s., bank of america posted fourth-quarter earnings 11% lower than a year ago. the problem, a drop in revenue and fixed income trading. city, trading lumps more than -- slumped more than forecast. it is clear opec is not counting on higher oil faces anytime soon. it expects weaker demand for its oil this year. it also predicts a slump in price. there is little changed and yesterday, west texas intermediate rose the most in 2.5 years but still low. daredevils celebrated and historic climb with champagne and a shower, which the

i am betty liu. 90 minutes away from the opening bell and a lot of news already -- a surprising movetional bank. speaking of national banks, the president of the federal bank of st. louis, james bullard, will join us. how patient is he? he has said let's move. my guest host this hour -- earnings from google are out. we will tell you what is juicing shares. here are the top stories this morning. in a surprise decision russia cut its key interest rate, citing concerns over a looming recession. the bank had hiked rates in recent months. the move sent the ruble sliding against the u.s. dollar.

he advanced at mcdonald's as the stock advanced and then whether retired were fired or pink slip, betty liurt on the downfall of mr. thompson. your reaction as he is shown the door. >> there was a lot of frustration. i want to test your mcdonald's knowledge. you all know your mcdonald's. for us, it was the hit. you want to root for the sky he was born in a poor neighborhood in chicago and was raised by his grandmother. he got a call from a headhunter at mcdonald's when he was at northrop grumman. he went to mcdonald's, stay there for 25 years and rose through the ranks. one of a half-dozen black ceos in this country. he just could not do it when he hit the helm at mcdonald's. when he arrives, jim skinner had eight years of sales gains in a row. his first earnings call, he had to oversee a sales decline. last year, they saw the first year of sales falls. the obesity issue was already around. minimum wage was already there. the menu was already unwieldy. there were several issues that happened during his tenure. let me name three of them. paul 2013, mighty wings? a big flop. 10 million wings

i am betty liu. we have a jampacked show for you this morning.state of the union speech last night and what it means for business. billionaire investor sam is in the house parrot how he feels about the president's push for middle-class tax cuts. live interviews with heavy hitters. the ceo of j.p. morgan's asset management division hair and also, larry summers will be with us and many more. plus tom a look at our top stories president obama says it is time to turn the page from the financial crisis. and last night in a state of the union address, the president said there is proof the policies are working. >> ever -- at every step, we were told our goals were misguided and to envisage that we would crush jobs and

we are alive and i am betty liu.ttack on the offices of a french magazine. 22 witnesses. two people burst into the paris headquarters of the magazine and opened fire. at least 11 people were gunned down and killed. the magazine's cover story this week is an article about france being run by a muslim president who will not let women work. the magazine was firebombed before three years ago after a special edition featured the prophet mohammed as a guest editor. speaking about the attack at 2:00 p.m. eastern today. we will also hear shortly from the former french resident -- president in less than a half-hour on the shootings. reaction around the world was with every country, major allies condemning what they heard. tweeting out moments after the shooting, "

betty nguyen. here's what's happening. thousands of police officers from across the country gathered sunday for the funeral of wenjian liu onethe police officers gunned down in brooklyn last month. just like the funeral of liu's partner rafael ramos some officers turned their backs as mayor de blasio spoke, despite a plea from the police commissioner urging respect. >>> and stuart scott, long-time espn "sportscenter" anchor, died after a long public battle against cancer. he was 49 years old. now it's back to "lockup." >>> due to mature subject matter, viewer discretion is advised. >>> even though he served 26 years behind bars, paul komyatti still goes back to prison once a week. >> who are you here to see? >> rosemary komyatty. d.o.c. number 1704. but now it's to visit his 85-year-old mother who's still serving time for her role in the murder of paul's father. >> hi, mom. >> hi. how are you? >> love you. >> he gets the first hug. >> when i got locked up, she was 57. she was a very physically fit, very active woman. and now, you know, she's in a wheelchair now. >> how are you feeling, though? still having problems on your r

i'm matt miller come in for betty liu. nine minutes away from the opening bell. as shocked by the swiss central bank as anyone else. jim o'neill. emerging markets, as you may know jim point the term "brick ." the new chairman of the house oversight committee. we'll talk to jason chaffetz. here's a look at our top stories this morning. seeing plenty of fallout from that decision by the swiss central bank. an asset broker in new zealand is shutting down because of losses and this was frank -- the swiss franc. saying its clients owe $245 million in their accounts.