the carusos, jim, pam, erica, and amanda are a military family stationed in okinawa. after a relaxing summer vacation in australia, their scheduled landing seems routine. >> we landed normally, i stood up, and we were starting to collect the girls' things, and i looked out and saw smoke. two seconds later the entire right wing is a ball of fire. >> a loose bolt has punctured a small hole in the fuel line causing one of the engines to catch fire. very quickly, the flames engulf the plane's wings, and those wings are filled with fuel. >> when i looked at the windows, they were completely covered in smoke. >> i was really scared. >> you're in a metal can that's on fire. >> the family seats are in the worst possible location. >> we were in the middle of the plane, and normally it's not a bad thing to be close to the over wing exits, but when the wings are what's on fire, then that's really not a place you want to be. >> to make matters worse, the aisle in back of them is blocked. >> the woman right behind us, she was just indicating to my husband the overhead above his he

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for "nightly business report," i'm may she caruso cabrera, tehran. >>> coming up, this week's market monitor says it's all about the blue chips. he has three that he says you should own >>> republican presidential front-runner donald trump kicked off his california campaign today and he was met by several hundred raucous protesters outside his speaking venue. some of the protesters tried to rush barriers and several dozen were arrested. trump's motorcade was forced to go around the back of the hotel and walk past a concrete median. there you see him going into the rear entrance of the hyatt. but while he has a comfortable lead over his challengers in the golden state, one place he is not winning, among silicon valley's tech elites. does trump think he can win them over or does he even care? josh lipton is in burlingame, california, with more. >> reporter: in california, donald trump has a lot of fans among republicans. in some polls he's currently beating senator ted cruz by more than 17 percentage points. today he was in burlingame, california, just north of silicon valley, rallying

we head to michelle caruso-cabrera in iran for a look at ta supply picture.nd a period for hedge funds that dan loeb calls catastrophic, and he has a dire prediction for the industry. that is all coming up on the halftime report. my dad gave me those shares, you know. he ran that company. i get it. but you know i think you own too much. gotta manage your risk. an honest opinion is how edward jones makes sense of investing. our partnership with habitat for humanity at pg&e, we believe solar should be accessible to everyone. allows us to provide the benefits of solar power to the types of customers who need it most. pg&e provided all of the homes here with solar panels. the solar savings can mean a lot, especially for low-income families. with the savings that i am getting from the solar panels, it's going to help me to have a better future for my children. to learn how you can save energy and money with solar, go to pge.com/solar. together, we're building a better california. >>> we are back with another damaged tech stock. look at the screen, twitter shares d

i'm michelle caruso-cabrera along with tyler mathisen.ease is live at the conference on the beach. >> and brian is in doha, qatar, oil is until pressure at this hour. much more on that in just a moment. we begin with a big story in the market.

michelle caruso cabrera in take ra tehran.hy ford shares are in overdrive right now, kusht currently up 3. full details when "power lunch" returns. >>> welcome back to "power lunch." marriott adjusted profit of 87 cents per share, three cents above estimates. revenue at the company beat forecasts. ford beating estimates, revenue below forecast. the automaker saw record profit margins globally and in north america. and mastercard reporting profit that declined year over year but less than the street expected. customers are spending more using its cards and mastercard is ramping up spending on technology, did so less than expected. over to you. >> thank you. last month a security lapse in the bank of bangladesh led to an $81 million theft from an account at the new york fed. now a fed official says there's little the u.s. central bank can do to prevent something like that from happening again. alarming words. we have the story live from washington. >> the new york fed official told steve liesman and i that fed is taking this iss

we're going to have a live report from iran from michelle caruso cabrera after the break. to come we've got today's must reads. including a piece "apple off the tree." and don't forget we want to hear from you. will facebook save the day for tech earnings when the others have all missed in the past week? ♪ >>> welcome back to "worldwide exchange." in the in the financial times. my pick is titled "apple: off the tree." it says optimism lingers. 44 out of 50 analysts have a buy rating with an average target price that is now almost 40% above the current share price. we talked with apple a lot this morning. and this is an interesting point. despite declines and people's expectations coming down, the street has remained super bullish. and it is not that surprising you see a big share price like this when you see how many buys are out there. so when it disappoints relative to expectation there is a big fall. a and. >> it has been an expectations game with a lot of these technology companies going into earnings. the bigger question with apple is that beyond the quarter to quarte

michelle caruso cabrera joins us from teheran. >> more evidence of the tensions between u.s.ran this week when you see the war of words over the u.s. supreme court's decision to seize -- to allow the seizure of 2 billion in iranian assets. but those tensions date back to 1979. that is when diplomatic relations ended when iranian students took over the u.s. embassy and held 52 american hostages for more than a year here in teheran. and we ran into one of those students. she was a spokesperson. here she is back in 1979 given an interview to nbc's george lewis and fred francis. >> let us unite together and by persecuting the criminals of our time establish peace and calm in all the world. we peoples of o iran. you peoples of america and all peoples of the world let us unite hand in hand to establish justice. >> teheran mary is now obviously grown up. much older now. and she is now a vice president of the country in charge of the environment. we ran into her at an event. and i asked her if now she of all people would welcome american investment. >> are you open to american invest

.>> it was the worst. robin caruso. >> it was only three days. >> imagine what they were thinking. isn't that what you get when you go sailing? >> i am.>> not far from the islands in the philippines where the japanese bonsai warriors are stuck years after it's over. remember, they would not come out and they thought of the w-2 is moving forward. >> let's talk about another world war heating up . the presidential race let's get to dimaggio. i was away on vacation and i walk into the walgreens the new york post. we should have known about this earlier. >> he does like he had window shades on his eyes. it's like sergeant schultz. >> i know nothing! how could he not know? >> what they are investigating is if there is a quick protocol here. these two individuals are being investigated for pretty large sums of money. there has been no accusations. precinct. they give him diamonds . it's a gratuity. the cop would give them to his wife. >> all under bill de blasio's watch who acts like he has not a worry in the world . you better watch out! you might work out on the daisychain walk. you ge

michelle caruso-cabrera in tehran. we'll get stop trading with jim. dow is down about 15 points.ay. man, i'm glad aflac pays cash. aflac! isn't major medical enough? no! who's gonna' help cover the holes in their plans? aflac! like rising co-pays and deductibles... aflac! or help pay the mortgage? or child care? aflaaac! and everyday expenses? aflac! learn about one day pay at aflac.com/boat blurlbrlblrlbr!!! >>> getting some news out on ford. the automaker recalling nearly 202,000 pickups, suvs and cars in north america because of an automatic transmission issue. among the models involved ford's extremely popular f-150 from model years 2011 to 12. we'll keep our eye on that. >> that's not mine. >> not yours? did want to mention dreamworks which we haven't gotten to. of course stock up almost 16% on talks with dreamworks and our parent company comcast which owns nbc universal we can confirm there are talks. but important to keep in mind here typically when you see leaks of this nature they put pressure on the talks to reach a conclusion one way or the other. no one involved expec

i'm michelle caruso-cabrera. there is a lot of anger in this election cycle. that's fueled outside by candidates like donald trump and bernie sanders with prime we ars and packed rallies. steve liesman is here with the exclusive results of the cnbc all america economic survey. steve? >> thanks very much. we are chronicling anger. i'm able to tell you where it comes from, what the source is, and also what it means for actual election or at least presidential preferences here. let's look here. we asked two questions back-to-back, what the control group? how do you feel about your own personal financial situation? you can see here, a majority of americans, 50%, are both satisfied and/or happy here. 20% say they're neutral. and anger on the personal thing kind of muted at 21%. we ask about the economic situation in the country, and you can see here it goes beyond the 50%, like 56% of the country are angry or dissatisfied about the financial or economic system here. you can see just 18% are happy or satisfied. we go o

cfo dominichnson caruso. ♪ show me movies with explosions. show me more like this.me "previously watched." what's recommended for me. x1 makes it easy to find what blows you away. call or go online and switch to x1. only with xfinity. the i'm johnny a from beautiful city of london. it's beautiful on the markets as well. ftse has posted a high as well. the worst-performing stock on the dow in 2016 is what matt miller is looking at. joining us from radio is tom keene and still with us is the bank of america president. the boston federal reserve president said in his view, the economy is strong and fundamentally sound. >> i actually think because the economy is stronger and i think the economy is fundamentally sound, that we will have the conditions were gradually raising rates faster than financial markets expect it makes sense. it struck me that he is generally thought of to be a dove. tom: he is in there were jokes made this morning about hawkish doves and dovish hawks. it is a blur right now. it's a schizophrenic market and you see it in the dot plot. are they comi

michelle caruso cabrera joins us live. really good at hiding. oh, boy. there it is. ♪ ohh.[ gags ] so when you need a house cleaner or an exterminator, we can help you get the job done right, guaranteed. get started today at angie's list, because your home is where our heart is. ♪ stephen king, the master of suspense and the macabre. i enjoy keeping people up at night. my analysis shows your stories are actually about human connection, even love. great storytelling needs drama and empathy. my cognitive apis can help any business better connect with its audience. you should try writing a book. find a remote hotel. bring the family. i do not think that is a good idea. >>> continuing tensions with the u.s. and iran and the nuclear teal. joined at the teheran stock exchange now with a look. >> this was one of the most enjoyable stories here to do here in teheran. people who love the market and invests are the same the world over. and you certainly get to know that. and there are seats where anybody can walk in and sit down and watch trading right on the screens. very reminiscen

michelle caruso-cabrera is live in tehran with more.from iran, right? >> absolutely. of course. >> is that too much to ask as far as a carry-on, like a great -- a 20 by 12 -- [ laughing ] >> i'll do my best to see what i can get you. >> are they cheap? they must be much cheaper over there. >> than having to export -- absolutely. figure you don't have the transport costs. you carry it on your back yourself. so those three products don't bring in nearly as much foreign exchange as oil, of course, but in terms of the iranian brand and share they're super important. there is a difference between persian carpets and persian rugs. car petitio carpets are more intricate. iran had sold half a billion worth in six months. saffron super important. 90% of the world's saffron comes from iran. it's the world's most expensive spice. that's why they call it red gold. it goes from $2,000 to $10,000 a pound. you don't buy a pound. you buy it by the gram. pistachios. last year 233,000 tons. united states is right behind that. they exported from iran 192,

. >> david carusoe is furious right now. >> i am sorry. >> is it possible that david had real feelings for lee? >> i think david is in a chinese prison getting tortured. >> i think they took his phone. >> i feel bad for her. >> she will be going to prison, but she will always have her memories with david. >> ♪ i should have run far away and hide. i won't, no i won't even try. ♪ why do i always have to fall ♪ ♪ oh the wrong one. >> rip. before we go to break, last night a viewer named andrew wilder tweeted at me and tom shillue and greg gutfeld's show, hard times for mike baker. where did it all go wrong? he included a link to a local news story. i want to set the record straight that is not mike baker and he was not arrested in phoenix for arson. i repeat, we are 92% sure that is not mike baker. again, that may not be mike baker and it may be him. we cannot confirm anything. >> that was mike baker, right? >>> coming up, millennials are giving up drinking alcohol. maybe this will keep them off my lawn. you are watching "red eye" on fnc so stick around. dismie -- >>> live from america's

dominic caruso joins us to add more color to the quarter. he is cfo of johnson & johnson and a member of cnbc's global council and cnbc reporter meg terrell is with us. dominic, before going into specific details and products that did well for j&j, could you just comment on the macro, on the dollar, on, you know, geographic sales and, you know, just the state of the world economy right now. >> yeah, sure, joe. good morning and thanks for having me on. our overall macro look is that the economy has continued to grow but at a slower pace perhaps than previously expected. we see health care continuing to be a really robust growth area. economies may grow with various economic factors. oil, i know you've been talking about this morning, but overall health care is something societies want to invest in and with new innovations in health care we see health care as a robust growth area and are happy to be in that part of the business. >> the biggest bright spot in terms of -- let's talk pharmaceuticals to start with. >> well, i guess overall, joe, t

. >> cnbc's michelle caruso-cabrera traveled to inside tehran to re-enter various markets.he joins us there live tonight good evening, michelle. >> good evening, bill, hi, kelly. yeah many countries interested in getting back to iran now that the nuclear sanctions have been lifted but it won't be american companies. the vast majority can't do sanctions, because the american government believes the iranian government is involved in funding terrorism engaging in money laundering, also abusive when it comes to rights. still very interested in oil and gas from investments from other countries. as a result, they're going to offer at least 49 contracts. it looks like this summer, they tried to do them when it comes to the oil and gas sector. that, they hope will bring in more than 150 billion worth of investments. the other industry where they're getting a lot of interests, believe it or not is automobile manufacturing. intense amount of automobile manufacturing here in iran. in fact, the largest auto plant in the middle east is here in tehran with the capacity of 166,000 cars pe

welcome to "power lunch" with brian sullivan, i'm michelle caruso-cabrera, and tyler mathisen is off today. and a nice rally on our hands. the dow, the s&p 500 and nasdaq all in positive territory. the best performing sector, financials, jpmorgan, profits were down, however, better than expected, that led to a rally in that stock with the financials. let's get to bob pisani at the new york stock exchange. >> we have aally going here, michelle. so far it is holding up and a

september 16, cnn, gregory caruso stormed on to the stage.r coming on and proving that you are more than just a pretty face, sir. good having you. >> thanks. appreciate it. >> all the best. >>> on the campaign trail donald trump is marketing himself as the ultimate outsider, not a politics. but he told our john roberts his road to the republican convention has also very much been a learning process. >> it's been a very interesting process, i tell you, the whole political process. i've learned so much. >> what have you learned about yourself? >> you have to be able to handle pressure. and i have been able in my life -- my life has been a big pressure cooker. i've always been through that. but political pressure is a little bit different. >> how so? >> it's coming at you very quickly. >> very personal. >> very personal. you know, i'd like to watch him -- he's just going, like, do you mind? >> you can see more of john's one-on-one with trump on fox news reporting. donald trump the disrupter airs at 8:00 p.m. eastern and again sunday at 8:00 p.m.

. >>> welcome to "power lunch" with michelle caruso-cabrera and brian sullivan, i'm melissa lee. off today. we start off with that bombshell at theranos. the wall street journal reporting that regulators are considering banning elizabeth holmes from owning or running any lab for at least two years. this follows a journal investigation published in october that questioned the integrity of theranos' lab results. holmes came on cnbc late last year to address those claims. >> this is what happens when you work to change things. and first they think you're crazy, then they fight you, and then all of a sudden you cha

a very cool story there with michelle caruso cabrera.a tug boat in the persian gulf off cark. there is where 90% of iran's exports leave through. coming up on "power lunch," a behind the scenes look at the iranian oil industry. you both have a perfect driving record. >>perfect. no tickets. no accidents... >>that is until one of you clips a food truck, ruining your perfect record. >>yup... now, you would think your insurance company would cut you some slack, right? >>no. your insurance rates go through the roof. your perfect record doesn't get you anything. >>anything. perfect! for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. and if you do have an accident, our claim centers are available to assist you 24/7. for a free quote, call liberty mutual at switch to liberty mutual and you could save up to $509 call today at see car insurance in a whole new light. liberty mutual insurance. >>> to iran now. we have a rare western journalist visiting that country. even as today iran's supreme l

. >>> welcome to "power lunch" along with melissa lee and michelle caruso-cabrera. today. well, there is a lot to talk about including the weakness we are seeing in the market, the dow jones industrial average down 145 points, its worst day in more than a month. maybe oil is part of it. oil is back between $37 a barrel. we'll get to more on your markets throughout the show. we kick it off today with america's ceos hitting back. some in the sea suite are not taking campaign trail rhetoric

>>>well to "power lunch," along with melissa lee, brian sullivan, i'm michelle caruso-cabrera, tylery. let's look at the markets. the major indexes on the up side. the dow jones up 152 points, the s&p 500 by 17, and the nasdaq higher by 26. happening now, ceo mark zuckerberg of facebook expected to take the stage at any moment at his company's annual development conference. shares are higher by nearly 2% adding to a 6% gain for the year. let's get to julia boorstin. she's live at facebook's f-8

this internet famous dog called caruso, the dachshund, and his brother, oakley, playing a fun game of ball hockey. repping their hometown teams, the montreal canadiens and the toronto maple leafs. not sure who won the game. but i think the only goal here, fun. they look adorable in those >> shocking that this took place in canada. >> it's pretty amazing, though. >> that's awesome. >> bordering on animal cruelty. >> that's my thought, too. >> they look like they're enjoying themselves. >> and we enjoyed ourselves watching you deliver "pop news" with such aplomb. >> congrats to ron for finishing his 5k. >> a little bit of running. >> he's been walking with a sor thanks for watching. there are two democratic visions for regulating wall street. one says it's okay to take millions from big banks and then tell them what to do. my plan -- break up the big banks, close the tax loopholes, and make them pay their fair share. then we can expand health care to all, and provide universal college education. will they like me? no. will they begin to play by the rules if i'm president? you better bel

this internet famous dog called caruso, the dachshund, and his brother, oakley, playing a fun game off course they are, right? >> it's amazing. repping their hometown teams, the montreal canadiens and the toronto maple leafs. not sure who won the game. but i think the only goal here, you know, is just to have some fun. they look adorable in those costumes. >> shocking that this took place in canada. >> yeah. >> it's pretty amazing, though. >> that's awesome. >> bordering on animal cruelty. >> that's my thought, too. >> they look like they're enjoying themselves. >> and we enjoyed ourselves watching you deliver "pop news" with such aplomb. >> congrats to ron for finishing his 5k. >> a little bit of running. >> he's been walking with a sor hammy all day long. thanks for watching. >>> good morning i'm nydia han along with gray hall. coming up on "action news" sunday morning. a driver walks away unscathe unscathed after a car crashes into a bucks county home. >> reporter: gray, freeze warning continue for another hour, windchills are in the 20s this morning. warmup on the way. details in

i'm melissa lee with michelle caruso-cabrera and bill griffith. >> hello, bill. >> welcome. >> what isunch" show? >> as if he didn't know. brian and tyler have the day off. quick check of the markets here. don't let the fractional moves today fool you. in the last two months, the dow is up 12.5%. same for the s&p 500. both indices less than 3% from all time highs. the nasdaq is up 15% in that same period. >>

this internet famous dog called caruso, the dachshund, and brother, oakley, well, they're playing a fun. >> of course, they are, right? >> it's amazing. repping their hometown teams, the montreal canadiens and the toronto maple leafs. not sure who actually won the game. but i think the only goal here, you know, is just to have some fun. and they look adorable in those costumes. >> shocking that this took place in canada. >> yeah. >> it's pretty amazing, though. >> that's awesome. >> bordering on animal cruelty. >> that's my thought, too. >> oh, no. >> they look like they're enjoying themselves. >> they are enjoying themselves. >> yeah. >>> and we are enjoying ourselves watching you deliver "pop news" with such aplomb. thank you very much. >> news you can use. >> yeah. i can use it and i'll use it all day long and watch it on my phone all day long. >> congrats to ron for finishing his 5k. >> nicely done. >> a little bit of running. >> he's been walking with a sore hammy all day long. thanks for watching. see you later. . e's been walking with a sor hammy all day long. thanks for watching

and we will talk to michelle cabrera caruso and the oil mark market. in about 15, carl. >> okay. thank you, scott. and now, over to seema mody. >> thank you, carl. the move in twitter is down 16% on the day, and currently the worst performing stockton russell 1,000 and on track of the fourth worst day ever as a public company. not to mention heavy volume surpassing the 30-day volume as the the investors digest the social media's latest earnings, and keep in mind of the 44 analysts covering twitter, 18 have cut the price targets on the stock. carl? >> thank you, seema. and julia boorstin sat down with jack dorsey and she is here to wrap that up. good morn g ing to you. >> good morning, carl. the twitter shares are off dramt clishgs a cli, and i asked jack dorsey what he doing to get it back on track and to change the company's perception of the potential. >> and we have a development team, and engineering what we believe to be the best experience out there around life and what is happening now. i want to make sure that twitter is the place that you chec

and we will speak to michelle cabreka brar -- michelle caruso-cabrera who is going to elle the us aboutock exchange. and look at all of those kids around with take your kids to work day. ba back to you, kayla. >> thank you, and let's go the rick santelli at the rick san tell hly exchange. >> this morning when i looked at the inbox, i had seven e-mails talking about the fed fund futures and percentages and when the tightenings are going to occur and this not kind of in the gray, but fleshed into two places past the decimal points, and 32%, and 19.5%, and highly detail detailed. i remember back in the 1980s when the fed fund futures contracts first started trading and i can remember in the 1990s when the light bbulbs went on tt this is the type of betting with money behind it that can give you a better probability of with what is going to be happening in the future fed meetings, and lo and behold for years, it worked great, and now, flashing forward and back waward and remember th "addam's family o"movie they had in the movie all of the stop sign, and pugsley puts down the stop sign and t

i'm michelle caruso-cabrera with melissa lee, brian sullivan, tyler mathisen is on assignment.e begin this hour with a bombshell of a story still developing. a massive leak of financial documents revealing how the wealthy and the world's most powerful leaders are hiding their money. eamon javers joins us with more on what is being called the panama papers. robert? >> that's right. it is being called the panama papers, also being compared to the edward snowden leaks and the wikileaks situation back in 2010, a dramatic exposure of global information. here's what is a

michelle caruso-cabrera is live in tehran this morning with more on all of that.fically the art that's on display throughout the city, andrew. let's show you the first example. there is a large poster hanging by a large, busy thoroughfare. you'll see that on the right is obama. on the left-hand side is someone called shem, he is an enemy of the iranian people because he killed the most revered figure in shia islam which is the islam that's followed here in iran. so the message of this poster is don't trust obama because he is just like shem. to the next one. a painting that's been up for many years, decades, in fact. it says "down with the usa" it's an american flag. where the stars would be there are skulls and the red stripes are bombs falling. it says "down with the usa. it says we'll never be friends with the united states not for one moment. the bureau chief tells me that every time it fades the tehran beautification bureau touches it up. that went up in the wake of the hostage crisis which happened during the islamic revolution of 1979, went into 1980. an in

i'm joe kernen along with soandw ross sorkin and michelle caruso-cabrera.bell on wall street. futures back up to 34. up 60, up 20 now 35. s&p up 11.5. i'm sorry. the s&p up five, the nasdaq up 11.5. markets in europe were around the flat line, except for spain up half a percentage point. >>> oil prices rising on hopes of an output freeze. opec members and other outside members including russia are meeting in doha. earning seasons officially opened. mixed results for a metal company, alcoa beating the street by a nickel. results were hurt by low commodity prices, strong u.s. dollar and plants closures. alcoa lowering its full year outlook in the aerospace industry and announcing plans to cut up to 2,000 jobs. those results came out late because of a snafu with business wire. small business confidence dropping to a two year low monthly index from the national federation of independent business fell .3 of a point for march. >>> few stocks on the move. juniper networks warning quarterly revenues will fall short. among the reasons weak corporate demand. abbvie r

vonnie: in the next three hours, we will be speaking with johnson & johnson cfo dominic caruso.nd bank of america/merrill lynch. let's get a check on the markets. jon? jon: the

. >> let's bring in michelle caruso-cabrera. michelle, where are owl markets right now? last week, but it didn't close there. that would be a dramatic improvement compared to what we have seen as you highlighted in the story when you look at the two-year chart of oil it looks like it's straight down, when you bring up the three month chart, however, you can see that it's actually started to rise. these numbers really matter here for the united states for the following reason, all over the world it costs different amounts of money to take oil out of the ground. the reason there has been so much oil produced in the united states is because there's this new technology, horizontal drilling and fracking which means that oil that we couldn't get before in the united states now we can get. that's tremendous but guess what it's expensive, it costs between $40 and $60 per barrel to get it out of the ground. saudi arabia where the joke is you can literally stick a straw in the ground and suck it up it costs 5 pucks a barrel for them to extract. they can live with lower oil prices

i'm michelle caruso-cabrera along with tyler mathisen. melissa lease is live at the conference on the beach. >> and brian is in doha, qatar, oil is until pressure at this hour. much more on that in just a moment. we begin with a big story in the market. >> boic? >> very excited. again, we did hit 18,000. pulled back a bit. i think the important think is we're approaching the historic highs. with a historic closing high. that was way back on may 19th. broad group of stocks leading, right now you have disney leading, and you have chevron and exxon. along with jpmorgan when would a great week last week. it's a pretty broad advance. energy is leading 3/1 advancing to declining, and it's been marching forward throughout the morning. the volume is on the moderate side, the vix is declining, and oil volatility is declining. i think that's the big story. people keep asking me, why are we advancing today? the smart money was short oil into the doha meeting, widely expected there would not be any big agreements. you bet buy programs coming in, take

. >>> i'm michelle caruso-cabrera, here's your cnbc news update.sian foreign minister sergey lavrov says leaks on a deal between assad are unfounded, saying the future is for the syrian people to decide. >>> the brussels airport will reopen tonight. but airport police may strike sunday to protest what they say were lack security measures by authorities. >>> security camera video captured the moment when a car bomb exploded in southeast turkey. today the outlaws kurdistan workers party claimed responsibility. >>> seven people were injured when a harbor cruise boat hit a pier while docking in san diego on thursday. the bow of the vessel was badly damaged. mechanical malfunction is being blamed for the crash. that's the cnbc news update for this hour. sara, back to you. >>>ant to draw your attention to the market. one hour into trading here, we have seen quite a reversal for u.s. stocks. the dow is now positive, just around the unchanged line after being down triple digits earlier in the session. some of the energy and commodity names are still being

>>>well to "power lunch," along with melissa lee, brian sullivan, i'm michelle caruso-cabrera, tyler is off today. let's look at the markets. the major indexes on the up side. the dow jones up 152 points, the s&p 500 by 17, and the nasdaq higher by 26. happening now, ceo mark zuckerberg of facebook expected to take the stage at any moment at his company's annual development conference. shares are higher by nearly 2% adding to a 6% gain for the year. let's get to julia boorstin. she's live at facebook's f-8 developer conference in san francisco. what are we watching for, julia? >> right now there are 2600 developers and press in the conference hall next door. they are here to learn about all the new tools that facebook is going to give developers, tools that that will change the way we as consumers can interact on facebook's various platforms and also could change how facebook eventually makes money. surely we'll hear how facebook is putting live video front and center and integrating oculus into facebook's other services. and we'll also look at how messenger will happen brand interac

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. >>> welcome to "power lunch" along with melissa lee and michelle caruso-cabrera. i'm brian sullivan. tyler mathisen is off today. well, there is a lot to talk about including the weakness we are seeing in the market, the dow jones industrial average down 145 points, its worst day in more than a month. maybe oil is part of it. oil is back between $37 a barrel. we'll get to more on your markets throughout the show. we kick it off today with america's ceos hitting back. some in the sea suite are not taking campaign trail rhetoric quietly. pfizer and ge firing back in op-eds, defending their companies and criticizing campaign language. jpmorgan chase jamie diamond also out with big concerns about where america is headed right now. will that fall on deaf ears or impact real change on the way these companies and others are viewed? here now billionaire investor will ross joining us. you're an investor in companies, right? you got your own business. you're not a public company, what do you make of the campaign trail attacks on business and individual corporations specific

. >>> welcome to "power lunch" with michelle caruso-cabrera and brian sullivan, i'm melissa lee. tyler mathisen is off today. we start off with that bombshell at theranos. the wall street journal reporting that regulators are considering banning elizabeth holmes from owning or running any lab for at least two years. this follows a journal investigation published in october that questioned the integrity of theranos' lab results. holmes came on cnbc late last year to address those claims. >> this is what happens when you work to change things. and first they think you're crazy, then they fight you, and then all of a sudden you change the world. and i have to say i personally was shocked to see that the journal would publish something like this, when we had sent them over a thousand pages of documentation demonstrating that the statements in their piece were false. >> bill george is harvard business school professor and cnbc contributor. jeffrey sonnenfeld is associate dean with yale school of management. great to have you with us. collectively, including jeff who is going to join u

our very own michelle caruso-cabrera has been in tehran this week.now on who is buying. all of that new iranian crude that's hitting the market. michelle. >> reporter: hey, sarah. when the sanctions were at their toughest, iran's exports fell to only 700,000 barrels per day. now we know this month they're up to 1.8 billion barrels a day. tankers pick it up. what kind of tankers are coming in? we saw the list and we know various data centers. china, japan, india and greece are all big buyers. china is the biggest nearly 600,000 barrels per day. they've been a steady buyer of that amount for the last several months. india in march bought half a million. that's way up from january. they've doubled their consumption. japan is up sharply as well from less than 10,000 to more than 46,000 barrels per day. and greece stepped in right away the second sanctions were lifted. you can look at different tanker data sets. spanish refiner, lukoil, they used to have a lot of market share in asia, they're trying to get it back. and also trying to get increased market

i'm melissa lee with michelle caruso-cabrera and bill griffith. >> hello, bill. >> welcome. >> what is this "power lunch" show? >> as if he didn't know. brian and tyler have the day off. quick check of the markets here. don't let the fractional moves today fool you. in the last two months, the dow is up 12.5%. same for the s&p 500. both indices less than 3% from all time highs. the nasdaq is up 15% in that same period. >> let's bring in the head of u.s. equity strategy at jpmorgan to talk about where the market goes. >> the coolest on wall street. >> reminds me of dubrovnik. melissa ran through the two month charts which look very impressive. you look at the dow over the last year and the s&p over the last year, it feels like we have careened higher and now we're back to this level that we keep fighting up against, whether it is the 21,000 leave, the 18,000 level or 2100 level. where do we go to from here? >> so market had impressive rallies since february lows. up 13%, 14%. i would say probably most of this has been driven by short covering. technicals i think for most part at this po

now once again, here's michelle caruso-cabrera.et too comfortable, michelle. >> oh, i won't. based monday i twitter feed, there are a lot of people who would like her to replace me. robots seem to be everywhere these days from helping in factories to aiding companies like amazon. but is there also a potential downside? listen to sophia, the robot, unscripted, when she was asked out of the blue this question by her creator. >> do you want to destroy humans? please say no. >> okay. i will destroy humans. >> that was a great moment at south by southwest. thanks, sophia. dieing to kill humans. how big a danger are robots to human lives in the future and human jobs now? orrin etsone and martin ford, author of rise of the robots technology and the threat of a jobless future. good to have you here. martin, i'll start with you. it sounds very apocalyptic what you're saying. but automation happens we don't want men rowing boats. we're all happy there was an invention that allowed ships to move across the water without the aid of humans rowi

welcome to "power lunch" with brian sullivan, i'm michelle caruso-cabrera, and tyler mathisen is off today. and a nice rally on our hands. the dow, the s&p 500 and nasdaq all in positive territory. the best performing sector, financials, jpmorgan, profits were down, however, better than expected, that led to a rally in that stock with the financials. let's get to bob pisani at the new york stock exchange. >> we have aally going here, michelle. so far it is holding up and a global rally. let's talk about the reasons why we're getting the move. there is two primary ones. better china trade data, particularly on the exports. then bank earnings, jpmorgan, let's call it good enough. that's my phrase. people were expecting downbeat commentary. we didn't get that. that helped move the financials and the overall markets. high cash positions forcing a lot of people into the markets, short covering going on. look at the china trade data. the news on china has been relentlessly bearish for a year. everybody said, oh, my heavens, maybe the news isn't so bad. short covering rally and hang seng, u

i'm michelle caruso-cabrera.ontinues to climb today after crossing 18,000 for the first time in nine months, 18,240. today the s&p getting back to 2100 for the first time since september. almost there. 2099 the, just a point away. which stocks have led us back to dow 18,000? dominic chu knows. hey, dom. >> i do know. let's take a look at the big road back because since the february low, the dimon bottom, when jamie dimon bought his stock back, the dow has rallied by 2,400 points to the upside to get us back to that 18,000 mark. as for the best performing stocks between july 20th, 2015 and yesterday's close, the two times that we last saw a close above 18,000, you want to check out fast food giant mcdonald's. up 32% gain in that time frame. home depot is up 20%. the two biggest lag yards during that time. american express and goldman sachs down by 20%. now, a lot of things have changed since july of last year and this year. check this out. back then oil last year, if you will, $50 a barrel and closer to 40 bucks t

caruso hit the pavement --en they're so cute. cut >> is this real?>>s th >> yes,'s for real.as over 900,000 facebook 9 followers to go along with his 200,000 followers onn instagram.st the video has been viewed morevw than 20 million times and we a contributed quite a bit to t that. >> i can't believe they can't hold the b sticks like that.li so many viral videos are likerel okay why am i watching thisghi but that is so adorable.dora >> i think the hockey stick is stuck to the shirt glued on so that when they're running itth looks like they're holding it. it's like one of those costumes. >> that makes a lot more sense. what is happening that. ipp >> so cute. >> how is the weather lookings for us. >> pretty great if you loveov wintry weather.. >> no.>> >> if you want it to feel likent april we've got to wait a'v couple more days.cole m taking a live look outside o raindrops on the camera right there. we have rain moving through the district.ro off towards our north inugs ou carroll county, howard countyd maryland, frederick county,d, fi you guys are seeing some snowme and it's