mgm and caesar have mid-tier. >> is there any way that caesar could enter the macau market or another market like japan? >> macau is off the table. everybody's competing for japan right now. it is a question of whether gambling will be legalized and we expect a decision within the next 3-6 months. then there is a question of licenses. >> is it a good stock to own right now? >> we have a sell rating. we would probably highlight mgm. that is a good way to play the las vegas recovery. there is mass-market exposure. >> i want to thank you very much. richard hightower of isi group. thank you very much. coming up on taking stock, we will take a look at customize cars. they run an automobile dealership in california. galpin auto sports will comments next. we have details. ♪ >> tesla stores in the state of new jersey may soon be forced to close. that comes after the state vehicle commission barred automakers from selling directly to customers. it highlights a battle between u.s. dealerships and tesla. i want to bring in matt miller and from van nuys, california, beau boeckmann. he is the head

caesars does not have exposure there. that is riding on it and its competitors. >> did they miss out on it? did they not see it coming? >> they had a license several years ago. it turns out they did not believe high enough. high enough. >> what should caesars of a company be doing? quite they are doing things that they would consider to be value enhancing for certain entities under the parent company at the expense of the operating company. the big question is what is going to happen with this operating company entity over the next several years? they have to figure out how to take care of this. they can do that in a number of ways. some are probably too complicated to get into. youhat complication that described, does that make it less likely that investors will want to invest their money in caesars? >> it depends. if the operating company entity cannot take care of balance sheet and potentially filed for bankruptcy, which is a real possibility -- >> because of the high debt burden? >> yes. if they have recourse to other

i can accept that. >> he says he's been barred from caesars for life. is that because he is too good? >> we can't nor would we bar you. we will not solicit him with perks. >> while gary loveman may not offer perks anymore, nearly all the other big companies spend hundreds of thousands on don just to get him through the door. if they want you to spend and they know you can spend, they will make it really easy for you to be here. >> they are catering to high-end players which starts before they even think of coming here. they will bring a player from the east coast to las vegas. the mgm property has the mansion which is 29 villas under a climate-controlled dome. >> you get to stay for free? >> well, nothing is free. it is factored into the game. >> i will give you a secret inside baseball on casinos. >> jim murren is the ceo of mgm. he owns 10 vegas casinos, and don is getting perks at every single one of his casinos. >> theoretically, we are going to win from you a percentage of the money that you circulate. >> the house engineers a statistical advantage

caesars entertainment operating, caesars entertainment resort properties, caesar growth partners, partedy caesars acquisition company. >> right. >> there have been shifting of the assets and analysts have struggled to try and figure out what's happening with the company. can you explain it? >> sure. there are three component elements to czr. they include the ones you enumera enumerated. the third is the legacy lbo entity which remains more heavily levered than we'd like it to be. that's the caesars entertainment operating company. we have been trying to make the right series of decisions to enhance the liquidity and financial health of the more heavily levered entity while supporting the growth of the less levered and more financially held companies. >> what some analysts have question, though, is whether by moving those assets you're setting it up so that caesars operating could eventually file for bankruptcy and you'd be protecting the assets elsewhere. they question whether that would hold up in court. >> that's not what we're trying to do at all. we're trying to enhance the liquidity

be inspired to go out and improve their communities. >> caesar chavez is playing across the nation. >>> a lot going on weather wise up here. a little shaker in southern california. >> act i. and we have the rain. this is the time of year when we have baseball practice, weddings. lots of events, and now it decides to rain. well saturday will be a washout. this will be over us tomorrow morning of the it is up to the north right now. let see how far south it has gone. the best clarity. you can see the detail there. with kpix5 high definition doppler. it is almost to you in clover dale. almost to you in clear lake. has been raining the past three hours in ukiah and all of this the leading edge inching its way to the south while we are sleeping. here's a look at what's going on. this is a very wet pattern for us and it is not going to change any time soon. it's not going to pour, but what we will see is wave after wave of rainfall. here it is. the moisture you follow it back. it goes all the way back to hawaii. it is tropical moisture. lots of rain. san francisco, oakland, san jose. half o

. >> speaking of busy, it seems like you are consulting on caesar's. you tell us a little bit about that partnership? >> caesar's has been great. the guys at tpg came to me a while back. here was the challenge. they have a service alley that served the flamingo and the imperial palace right across the street from caesar's. could we build something like the grove in this alley? normally, we would have never taken on the challenge where we don't own something for our own balance sheet, but the challenge was so compelling and the deal was so interesting that we ended up doing it. we were the lead on the development. we led up the design part of it and the leasing. now we are managing it. it has opened up and it is doing extremely well. it is an outdoor center right across from caesar's. it is really intriguing. it is terrific. >> you were once considered candidate for mayor of l.a. any aspirations to fulfill that dream later on? >> i love the political field. maybe one day. i wanted to do it this time around but family is first. there were some family con

line and walking and biking into the city we're actually working to improve the pedestrian and bike caesar's access around the city. >> now, it's that your that's going to be coming into it i missed interpreted that or i think the rest of it is making sure i know you have suggestions

the three left lanes of southbound 101 at caesar chavez blocked because of police activity. the struck is stopped in the middle of one of the lanes. the driver of the box truck was taken into custody after leading the chp on a short pursuit across the upper deck of the bay bridge. chp says it's searching that truck on southbound 101. no word on how that pursuit started. >> let check in with mike on the latest on what lanes are blocked. >> good morning. we now have learned from chp golden gate and chp san francisco two left lanes are blocked, one better than before. but look at all of this backup. looking at on the right side of your screen southbound 101, coming off of the bay bridge approach as they merge interstate 80 and 101 towards caesar chavez scene of where the rig is block two lanes. a tow truck has arrived. the tow truck arriving on scene. hopefully they'll hook it up. once they do that should clear the lanes and give you a relief valve. so far this caused a ripple back on to the approach off the bay bridge from the stop of the screen, west 80 off of treasure island

this day was declared caesar chavez day. he was praised for tireless efforts in advancing the cause of all people. but especially farm workers. all state and government offices are closed in honor of the late labor leader. >>> another round of wet weather is hitting the bay area today. >> roberta gonzalez at the alamo with a live look at the storm. >> reporter: it's currently 55 degrees. occasionally a stronger gust up to 25 miles per hour. yes the rain just started in the east bay. but it was the north bay that's been just slammed all morning long. let's take a look at the live high-definition doppler radar. and we clear she heavy precipitation around the northern portion of the bay area. look at the line indicated in yellow and orange outside the golden gate bridge. that will be pushing on shore within the next 20 minutes. look at oakland there. that's the scene of all the activity later tonight. it's opening night for major league baseball. a's playing host to the cleveland indians. if you have a ticket, lucky you, you're

these detainees and upgrades and us in the caesars entertainment group and a casino which will be for foreigners. the casino will be located some fifty km west of scarlett and don't jungle iran which is part of the intense three d commanding zealand and the vocation of the czech international airport the approval is only the rice needs of consumers said its grant to develop a kind and be selected. these mindless the construction of two hotels serviced residence as an accommodation center for an estimated cost of roughly seven hundred million us dollars and completion is expected in two thousand eighteen the entire development is expected to cost over two million us dollars and will be complete if i can eat real reason the ego and caesar's consortium first of may that the proposal to develop a casino resort last year the proposal was rejected on grounds that the plan did not feel stagnant regulating qualifications the consortium won approval for the planet after enlarging the size of the best thing. as the meetings notable that a baby assets makes. it was only valid when when fincher s

it was-- the old biblical injunction render into caesar that which is caesars. this was not god's, this was caesar. this might have been freedom of religion on the part o of-- religious free done-- freedom on the part of this legislation but this came right down to arizona facing the same ignomiy and loss of capital that it faced on martin luther king day when it refused to accept martin luther king day as a national holiday and again lost convention business. i think it was a pretty tactical, hardheaded decision made. and mitt romney to his credit weighing in in favor of vetoing it. >> woodruff: along with arizona two senators it is not just arizona, but there are six other states considering similar legislation. >> well, i did declare my interest, hopefully we will see this resolve. what is interesting is the rea sortion of the corporate country club establishment that is what really rallied here and really changed the bill. this is an establishment that has been loss pog we are to the tea party, in part as my colleague gail pointed out because of the campaign

caesars was tpg and apollo. zynga is up by 2% in the after-hours. steven cohen reporting a 5.3% passive stake in the company. remember, steven cohen had owned 7.8 million shares. he's doubling his stake in zynga. and that shock is higher in the after-hours. >> thank you, sheila. >> i think the problem, caesar has enough problems right now. if you're looking in the casino space, there's better names that can outperform, whether it's mgm or wynn. all of those have exposure to the asian markets, as well as las vegas. >>> coming up next, mike mayer, dropping a citigroup bombshell. and the impact on citi shareholders. >>> plus, the social snapback. all rallying back into the close, but with a lockup looming and earnings around the corner, and earnings around the corner, is the rally short-term? but way too many aren't. some brokerage firms are why? because selling their funds makes them more money. which makes you wonder. isn't that a conflict? search "proprietary mutual funds". yikes!! then go to e*trade. we've got over 8,000 mutual funds and not one of

. >>> still to come, honoring caesar chavez days ahead of the new movie. >>> everything is coming uposie. the big send off to the white house for five women who played a role in world war ii. >>> i'm meteorologist leigh glaser. we get a break tomorrow before another stronger storm hits the bay area on monday. we'll look at the [♪] >>> five original rosie the riveters from our area headed to the capital to meet vice president joe biden. they had a free flight for their contributions. rosie the riveter represented american women who worked in factories during world war ii. >>> for the first time the life and legacy of caesar chavez is being celebrated in a hollywood movie. we have a look at the film and what it took to get it made. >> i'm angry too. i'm angry that -- >> cease star chavez tells the story of the labor rights leader who made life better for american farm workers. his own parents came from mexico. he believes that it is a lesson that all students should learn. >> here is a man who led one of the greatest nonviolent movements in the history of america. >> reporter: the film

also trending caesar what -- caesar this chavez someday. >>> michigan falling to kept -- kentucky.ough weekend . follow us on twitter anytime. >>> striking it rich at the gas pump, coming up at 6:30, the new program to let you gamble while filling up. >>> did the warriors have another 4th quarter come back in then? more coming up. ,,,, . >>> good morning, everyone. after get ousted in the sweet 16 last year, the stanford women made sure mist history did not repeat itself -- made sure history did not repeat itself. they beat penn state and will face north carolina on tuesday. >>> number 8, kentucky pulls off the upset on michigan. aaron harrison with the shot of his life. kentucky will face florida. >>> uconn knocks off michigan state, a team a lot of people have winning in more madness will play in the final four. >>> the warriors had a chance to tie it but never got a shot off. they lose to the knicks. >>> brian wilson did not record a single out against the five hitters he faced last night. the padres had three runs in the 8th and beat the lodgers 3-1. >>> dodgers 3-1. >>> the oa

after the close, we'll hear from caesars entertainment and verifone.n watson will be on closing bell in the states today for an exclusive interview at 4:00 p.m. eastern. >>> and as far as u.s. futures are concerned, we just dipped down in the last half hour. the dow is about three points below fair value and the nasdaq is around 11 point fair value and the s&p down around 2 points below fair value. >>> and puerto rico is expected to come to market today aiming to sell around $3 billion in bonds in an effort to inject new life into the ireland's troubled economy. seem ma mody is in the states with all the details. sy, seema. >> hi, ross. that's right. puerto rico is expected to sell those bonds today at interest rates far lower than investors had thought. and reports say preliminary pricing data circulated on monday show the bonds will be offered in a single 20-year maturity are yields ranging from 8.6 to 8.88%. moody's, s&p and fitch all cut puerto rico to junk status last month. the island has about $70 billion in outstanding debt and has long struggl

. >>> hundreds of students filled the street in san jose this morning in honor of caesar chavez. students and families started their annual march at dorsett elementary and ended up at the mexican heritage plaza. this year's march coincides with the release of a new biopic. >>> a map is accused of trying to sell stolen puppies on craigslist. a woman noticed that her stolen german shepherd puppies were for sale on craigslist. the puppies are doing just fine this morning. >>> new details about president obama's conversation with the pope encolliding the custom made gift from the white house. >> plus the dramatic rescue caught on camera. the building ablaze. we'll hear from the man that escaped that massive fire. >> i'm christina loren. we're looking at light showers right now. let me show you what's coming our way into friday night and saturday. heavy rainfall right here in the we could be measuring it in inches before we get another heavy round monday into tuesday. >>> welcome back, 11:14 right now. president obama met with the pope, pope francis for the first time today. chuck tod

it leaves caesars with $3 billion in cash. >> they are also paying $3 billion in cash, right? basically moving it off the balance sheet with financial engineering. the core of this is that you have private equity that still owns a good chunk of the company and they are trying to salvage what is an ailing business. >> what's that? >> salvage. salvage. >> i misunderstood. the whole thought behind caesars is that it would just get bigger and bigger. , a ceo is a marketing expert former marketing professor, and his whole strategy has been to just expand market share. the idea is that if you have all these customers and you give them a points rewards system, you will drive traffic back to vegas. interesting that they are willing to unload these casinos. >> the other thing we are learning is that the market is expanding beyond las vegas, new orleans, and other targeted cities. they are allowing gambling on their own property in these referenda. >> like marijuana. peak gamble.ching >> you are saying everything is like marijuana. >> but when you increase the supply of something, the d

the chairman president of caesars entertainment, thank you very much. >> what a cool guy. worked at the a researcher. he was an associate professor at harvard. >> he has an amazing background. >> will take a quick break. when we come back, the search for the icing malaysian flight has many wondering how wide-body plane can just disappear. maybe it's not such a small world. the latest efforts to improve tracking with a $42 billion price tag, a new system for the next generation. ♪ raised the malaysian airline flight has people wondering how air-traffic controllers -- >> megan hughes has been looking into a new system that aims to prevent something like this from happening. >> it is debatable. various looking at some upgrades. we are talking about next-generation technology. bottom line, moving from radar to gps-based air traffic control. the idea is it will be more precise, air-traffic control will be able to manage three times as many planes in the air. here is the catch, there is still going to be ground-based receivers. even though you're dealing with satellites and gps,

orly and treasury caesar hold your applause so my heart is heavy we've got to acknowledge staff and to recognize san francisco police captain o'sullivan this is an amazing day i want to give to kathy davis a small token from the board of supervisors think of it as an early house warming gift to adorn the wall next to what she received before you'll only need a small place it has a small frame i get it (laughter) >> but the sentiment is just as big congratulations of groundbreaking of the dr. george after 20 years of hard work you'll dream is finally finally final become a reality so the board of supervisors extend their huge thanks so it's done (clapping.) okay. so it's hot in here. >> yeah. >> you should have seen this yesterday wee it was freezing cold and raining down because we were in this tent and reverend told me not to worry about this. we are going to do the ceremony in a minute but i want to let you know we have some award to give to the people on stage and people out here that's been outstanding. in the interest of time i'm going to say our name and why you get it and we'll

. >>> caesar chavez, today marks the 30th annual day of service and people are expected to sort and donate and pack and food for people in need and one in six people rely on the food bank for assistance. let's check in with sal, sal, how was your weekend? >> it was great, brian, how was yourings yours. -- how was yours? >> it was good >> some people might be volunteering and some people may have the day off, we'll see what happened and traffic is moving along in both directions. traffic continues to look good, westbound in san francisco all the way across and if you are driving on northbound 101 and 208 in san jose, that is a nice drive although we do have a little bit of roadwork, northbound 101, also seeing a little bit of slow traffic but i would not worry about it too much. let's go to steve. >>> we have rain but it is on its way, there might be light rain early and a possibility of thunder showers and no doubt about it, some cold air is and coming in and they will be dropsing as well on -- dropping as well on tuesday. it will take the spring and i fell you march is going out like a li

tonight a conversation with award-winning journalist miriam auto -- aboutr her biography of caesar chavez. her tome is called "the crusades of cesar chavez." then stanley jordan. we will close with a song from his latest cd, "friends." we are glad you joined us. those conversations are coming up now. ♪ >> and by contributions to your pbs station from viewers like you. thank you. tavis: march 31 is the birthday of one of the most charismatic and important leaders, cesar chavez. he got a nice farm workers and took on big agriculture, demanding fair play for those in the field. the movement he created remains a touchstone for many and the nation. "the crusades of cesar chavez" is a new meticulously researched biography. let's take a look first at news chavez of shop as -- announcing a strike. >> they will not recognize the association. i?is: a pretty charismatic >> in a very untraditional way. he was not a very good speaker. he was not comfortable speaking. he was not charismatic in the way we think of martin luther king, bobby kennedy, yet he exudes real power over people. charismatic,s cer

goods they need as residents and consumers where their affordable or diversity of goods they can caesar's access within their neighborhoods. so this next step is really important to get to the heart of the matter which is the best use or mix of retail of all kinds large and small in our neighborhood commercial district. we'll be prarpg in those focus groups and thank you very much >> thank you. >> good afternoon, commissioners i'm paul wormer. i want to follow up on the previous comments the neighborhoods and formula retailers are important not all formula retail is the same and therefore the impacts are very, very different. this study doesn't quite get to dealing with that that's something to look at. one of the reasons it is important san francisco through it's various agencies and policies is engaged with the bay area plan and concepts of walkable neighborhood so people don't have to get in their cars. how neighborhoods are provided services and what sorts of services are a big deal. it's a big deal because the retailers that provide the lowest cost services tend to use a very large s

line and walking and biking into the city we're actually working to improve the pedestrian and bike caesar's access around the city. >> now, it's that your that's going to be coming into it i missed interpreted that or i think the rest of it is making sure i know you have suggestions on mrants but make sure people have the freedom to plant what we want to those front yard there don't look good but it has to be something that's attractive better than concrete, of course, but weeds or just marge better than the concrete and things not to do trees we love sunlight in san francisco so the trees have to be appropriate to allow enough sunlight to come into to the neighborhood. it's important to check out things ahead of time the medium on sunset didn't come out very well the medium has grass and it is really brown now and the neighbors are upset. you've got to be cafeteria but you've got all the right ideas >> thank you. >> commissioner borden. >> i'm impressed you've gone through and looked at the best plants chicago had the manual of every type of plants in the city and they really spent a lot o

orly and treasury caesar hold your applause so my heart is heavy we've got to acknowledge staff and to recognize san francisco police captain o'sullivan this is an amazing day i want to give to kathy davis a small token from the board of supervisors think of it as an early house warming gift to adorn the wall next to what she received before you'll only need a small place it has a small frame i get it (laughter) >> but the sentiment is just as big congratulations of groundbreaking of the dr. george after 20 years of hard work you'll dream is finally finally final

francisco police chief will tack about the fatal shooting tonight at 6:00 at the elementary open caesar chavez street. >> google glass is about to get a stylish makeover. >> a look at breaking news in houston: a massive fire burning at a building under construction filling the sky with thick black smoke that can be scenes for miles. has atrial fibrillation, or afib. he has the most common kind... ...it's not caused by a heart valve problem. dad, it says your afib puts you at 5 times greater risk of a stroke. that's why i take my warfarin every day. but it looks like maybe we should ask your doctor about pradaxa. in a clinical trial, pradaxa® (dabigatran etexilate mesylate)... ...was proven superior to warfarin at reducing the risk of stroke. and unlike warfarin, with no regular blood tests or dietary restrictions. hey thanks for calling my doctor. sure. pradaxa is not for people with artificial heart valves. don't stop taking pradaxa without talking to your doctor. stopping increases your risk of stroke. ask your doctor if you need to stop pradaxa before surgery or a medical or dental p

services for people with aids and housing is our important issues its important for people to have caesar's access to affordable housing. it would be great to have new section 8s coming into the castro and a ways ways to create affordable housing. i want to thank scott wiener for his leadership this is a reasonable approach to trying to provide more affordable housing in his district so thank you >> thank you, sir. >> thank you scott wiener and superstitions i'm to him with the liveable city i've lived in the deploring for 20 years i'm happy to see this legislation moving forward. we're finally joining other west coast cities to solving the housing criticize and santa clara and santa monica have lead the way they're using the existing materials and saving the cost of the materials. they can be low-cost we have to comply with the housing code, etc. so we know know this is going to be a super low-cost but this will allow us to see how difficult it will be to use the buildings that exist we're happy to look at a pilot. this housing is rent controlled the only way to add them is to increasing t

. >>> today is caesar chavez day in california. all state government offices are closed. later this morning, chavez's grandson will speak at an event at john f. kennedy university. it starts at 11:00 a.m. >>> it is 4:40. we're used to hearing fast cares at this bay area raceway. the ceo wants to bring a new sound to the track. >>> playing the lottery could get easier in california. the state's bug plan to let you try your luck while filling up at the pump. go on. spoon me. mixim - from the ehrmann family. newwith two unique ingredients. to mix in however your heart desires. go on. spoon me. mixim - from the ehrmann family. it's love, your way. disperse protesters... angry about a deadly shooting. some of the demonstrators we arrested. this was the second protest in a week against the fatal >>> police in albuquerque, new mexico fired tear gas last night to protestors. some carries werey -- demonstrators were arrested. video shows a man turning away before being shot. >>> the sound of music could air to the roar of music. >> sonoma raceway wants to shift gears into the musi

. >> chris caesar, thank you for being here. >>> it is a dirty secret in new york. fat cats still think greed is good. now a new book is exposing a house of outrageous fortune. create a three course italian dinner with olive garden's new cucina mia for just $9.99. first, choose unlimited soup or salad. then create your own pasta with one of five homemade sauces. and finish with dessert. three courses, $9.99. at olive garden. chalky... not chalky. temporary... 24 hour. lots of tablets... one pill. you decide. prevent acid with prevacid 24hr. you decide. are you still sleeping? just wanted to check and make sure that we were on schedule. the first technology of its kind... mom and dad, i have great news. is now providing answers families need. siemens. answers. hot breakfast options. hampton, enjoy our free you did a great job. it looks good! then fuel up with up to 9,000 hhonors bonus points on a long weekend stay. make every stay more rewarding and feel the hamptonality. ♪ >>> if sherman mccoy lived in manhattan, he would reside at 15 central park west. the tom wolf

. >> psychiatry decides the phenomenon of the caesar complex . you encountered no resistance for years and think you will experience none ever again. roman emperor caligula appointed his horse as senator. >> his last inauguration in office in the kremlin. putin gets what he wants. those who know him say he has no inhibitions about taking drastic measures. >> after dusk, nocturnal life awakens on our continent. in this edition of our series "europe by night" we take a look at what happens if it never really gets dark. everybody knows the satellite images from space. the world's big cities are clearly visible because of the many sources of light. in more and more cities, the lights do not go off at all. >> the group that is stalking along here in the middle of the night is armed. silently, the men and women take up positions in the center of hamburg in the middle of a church. >> are you ready? take your places. lights on! >> it's an ambush with light. the christ church, which is usually not illuminated at night, is it actively set in seen -- effect