*singing "1957 chrysler." "with a completely new transmission, a new push-buttom torque-flight transmission. smoother switfer acceleration for greater control in every driving range, new power too, new v8's with greater all- around performance and here's the proudest expression of the forward look." during the middle of the twentieth century chrysler along with ford and g-m established the american automotive style setting the trend for big, powerful machines. but in the 1970s that trend ran into trouble. an oil crisis created a surge in gas prices and forced new emissions chrysler struggled to adapt and. by the end of decade appeared to be on the verge of bankruptcy."chrysler confirmed t its loss last year was just as bad as feared. a little more than one billion dollars. in any case, it's the largest annual loss of any american corporation ever." in the midst of its financial failings, chrysler brought on former ford executive, lee iacocca. to stop the bleeding, iacocca started laying off workers and divesti

why germans may soon be shut out of buying a chrysler. chrysler, that's right. and fiat too.on the case as a new scandal kicks into high gear. >>> and if you were going to buy a new car, what would it be next? not a dream car, i didn't want say that. i said a new car. connect with me. let me know. follow me on twitter @lizclaman. i'm very interested to know what the hot cars in your mind are. ♪ ♪ ♪ [ male announcer ] tora bora fallujah argonne khe sanh midway dak to normandy medina ridge the chosin reservoir these are places history will never forget but more important are the faces we will always remember. ♪ liz: breaking news here, the first verdict handed down earlier today in the case against six baltimore police officers charged in the death of freddie gray, and at this hour we have a few scattered protests but no massive violence at the moment. officer edward nero found not guilty on all four charges he faced in the 2015 death of the 25-year-old gray. nero had been charged with second-degree assault, reckless endangerment and two counts of misconduct. >>> let us get to

seeking to rev up their efforts, they will add 100 chrysler pacifica minivans and test out the latest technology on the vehicles to carry more people. further opening the door for those who don't want to or cannot drive to when they safely get behind the wheel. in a statement, google said collaborations like these are an important part of realizing the potential of self driving technology. to improve road safety and make transportation more accessible for millions of people. this is the first time the tech giant has joined forces with a major automaker. the california-based coveney says they have no interest in building cars on their own, and the automated pacificas won't be for sale. aiming to make something cars available by 2020. while it doesn't bar in the company from working with others, it is a positive step for chrysler as well. the car company had been lagging behind other carmakers such as ford and gm in the race to develop innovative auto technology. and finally, the european central bank has announced that it is scrapping the 500-euro note. the issue was up for discussion

why would google pick fiat chrysler, and vice versa? talked to carmakers about doing a deal. they wanted to share the testing data from developing the cars, share intellectual property, and jointly develop the actual brain to make a self driving car work. google wants to keep control of all that. that is what they bring to the party. fiat chrysler isn't developing any of their own self driving technology right now. they had much less leverage when bargaining. they can just go to google to get the technology, and google can keep everything for themselves. fiat chrysler can just a sickly -- just strictly be the manufacturer for them. emily: these automakers have been based in europe for a long time. you don't think of parents with kids as the test case for self driving cars. does this point towards a uber ride sharing model? >> i think that is what most people are expecting. what will happen 15-20 years down the line. i don't necessarily agree with the kid's front. if you have screaming children in the back of the car, you don't want to c

>> google i would think want to work with bigger automakers than fiat chrysler.ith four million units is drop in the bucket compared to general motors, toyota or ford motor company but it's a step in the right direction. on surface this fiat chrysler getting their products in the hands of google so google can use them testing on open roads. so what is important here is that google gets to expand its fleet. fiat chrysler get as little pr value. the endgame for google is supplying and or building a car. but in interim is supplying the brains of the car that will allow it to move down the road autonomously. a lot of this work can be done. google is by most indicators far out in front of most automakers when it comes to understanding how to get cars to do that. finding more auto-makers not just fiat chrysler. lori: hate to cut you off. hate to speak over you. we're watching a crazy market today. we'll have earnings after the bell. tesla is down over 4%. no there are a lot of cancellations to the mass market car, mass market model. what is it going on here with tesla

the deal is a positive step for chrysler as well. the car company had been lagging behind other carmakers, such as ford and gm, in the race to develop innovative auto technology. stephen: let's check in on what is happening in the markets. european shares trading lower. footsie -- the london , shares were down 5% after a difficult year ahead for the industry was predicted. the biggest fall on the markets company, the hp billiton. that is after prosecutors in the brazil brought legal action against it and other mining companies for a mudslide there last year. iny are seeking $43 billion damages. 19 people died in the massive mudslide that followed the collapse of a dam owned by san marco. your's biggest oil company has seen earnings drop 50%. $1.6 billion for royal dutch shell. the cover has already cut 10,000 jobs to cope with the dramatic fall in oil prices. the french bank societe generale has cut 25 million euros at in its investment bank. lender saw a surprise increase in first quarter profits thanks to bigger earnings of its con

yet was actually meant to help chrysler. matt: chrysler has helped fiat.ctive, how important are euro sales? earlier, theid turnover is going to sale auto investors. we are expecting to see a big rebound this year or this month from the same one a year ago. if that does happen, it is business as usual. if it does not, that worry will be back in a five. resident auto expert. glad to have you on the team. hedge funds are coming under attack from the financial world's it is names. steve cohen said he is blown away about the shortage of hedge funds. the bloomberg simone foxman joins us now. simone, these are the guys who have had a terrific amount of money. they having a go at? >> some of these guys have made a lot of money. know, to your point, you're talking tutors and talking about these power structures, for the last few years, they've not had the same outside returns. that being said, i think this discussion comes up all the time . i will believe it when i see it. conference,e milton he was talking about how he manages a ton of money. when the figures ret

david: chrysler really has done very little in terms of autonomous vehicles. seen as the leader and developing cars that can drive themselves. they tested a car for more than 1.4 million miles. fiat chrysler does not have any others technology, or at least in its early stages, they really need a partner like this. most a year ago, marchionne put confession,entation where he basically said fiat chrysler needs a merger partner, because they could not afford the new technology. a year on, no one has bought his company or merged, so now he has to find partners to develop this. david: according to your reporting, they will start with ca, which is a minivan. why are they starting their? david w.: a lot of when this will come out is to be determined. but that is a good place to start, because it is a minivan. pragmatic. if you have a self driving car and want to use this for ridesharing or something like fleetsome kind of cab or application, a minivan is a great place to start. they will probably use this for testing first, because no one has approval from the govern

the chryslers didn't turn it on again until october.t is when peter's wife, barbara heard what she describes as a little explosion. >> i heard boom, really hard. we thought a blast would come out. >> the flames seen here reached just half of the height. the fireplace failed to heat the room. >> after two hours, it just went to 66 degrees, or 67. >> no remedy could be find. london fireplace installed a loner. the owner explains what happens next. >> the manufacturer came out, agreed let's get a new model. >> the new model was sent but it was the wrong one. they asked for the correct model. after further delay, they called 7 on your side, that is when london fireplace say things got moving. >> when you got involved, everyone all of a sudden jumped up. >> the chryslers received a new fireplace. >> so happy 7 on your side, the way they supported it. how fast, unbelievable. >> it may not have been timely, but he got what he wanted. >> london fireplace blames delaysed tape between them and the manufacturer. to see my reports go to the section

the chryslers didn't turn it on again until october.hat is when peter's wife, barbara heard what she describes as a little explosion. >> i heard boom, really hard. we thought a blast would come out. >> the flames seen here reached just half of the height. the fireplace failed to heat the room. >> after two hours, it just went to 66 degrees, or 67. >> no remedy could be find. london fireplace installed a loner. the owner explains what happens next. >> the manufacturer came out, agreed let's get a new model. >> the new model was sent but it was the wrong one. they asked for the correct model. after further delay, they called 7 on your side, that is when london fireplace say things got moving. >> when you got involved, everyone all of a sudden jumped up. >> the chryslers received a new fireplace. >> so happy 7 on your side, the way they supported it. how fast, unbelievable. >> it may not have been timely, but he got what he wanted. >> london fireplace blames delays on red tape between them and the manufacturer. to see my reports go to the

why would google pick fiat chrysler and vice versa?le has talked to other carmakers, specifically about general motors. they wanted to share the testing data the given developing cars, share intellectual property, and develop the actual brains that make a self driving car work. google really was to keep -- really wants to keep control of all that because that is what they bring to the party here. fiat chrysler is not developing their own self driving technology or software right now. they had much less leverage when bargaining. they can basically just go to google to get the technology and google can keep everything for themselves and have fiat chrysler just make the minivans and basically be the manufacturer. emily: it seems like other european carmakers are not open to this idea of working with google? >> google was not interested in building a vehicle. they want to shove their sensors onto a vehicle. know where people are going, be able to push themselves. and the carmakers in europe, the high end carmakers know that's for the incre

google and chrysler teaming up to drive minivans. they-buy 100 chrysler vehicles. it will be solely for testing and won't be available to the public. the deal is goggle's first with the major auto maker him back over to you. >> self driving minivan. moms and dads can keep their eyes on the kids. >> come on, you can get in on all the fun. get yourself a minivan. >> thank you very much. >>> medical mistakes it turns out, now the third leading cause of death in the u.s. researchers at john's hopkins university estimate over 250,000 or 10% of deaths each 84 are due to medical errors. only heart disease and cancer cause more deaths. experts say that most medical errors are not caused by bad doctors but are actually linked to poorly card fated care, problems with insurance and differing health care protocols t. sweet smell and taste of garlic could be hitting a mcdonald's to you. >> a new addition is coming to the area with distinct bay flavor. garlic fries are being test marked at four restaurants. it comes from christopher farms in gilroy the nation's largest fresh gar

from don draper's 1964 chrysler imperial to his bed sheets, we'll show you how to snag some memorabilia from that hit show. my tip is, do your heart a favor and quit now. (announcer) you can quit. for free help, call 1-800-quit-now. dogs - sure can be messy. but with nexgard, their flea and tick killer doesn't have to be. nexgard, the vet's #1 choice for dogs, is a delicious, beef-flavored chew that kills both fleas and ticks. so it's easy to give, easy to take. reported side effects include vomiting, itching, diarrhea, lethargy and lack of appetite. use with caution in dogs with a history of seizures. why mess around? for powerful flea and tick protection, ask your vet about nexgard. the #1 choice of vets for their dogs and yours. nice to meet you! welcome, welcome! today i'm going to show you the all-new 2016 chevy cruze and ask you what you think. but here's the catch. you can only answer in emojis. what emoji would you use to describe the design? sfx:message sent i think it's sexy. mm-mm-mm! it has available built-in 4g lte wifi® sfx:message sent rock on. that's excellent. we got wi

fiat chrysler and google are teaming up to produce 100 self- driving cars. the chrysler pacifica minivans will be outfitted with google sensors and software so the vans can drive themselves. the vehicles will be used to expand real world testing. >>> a double dose of bad news for palo alto-based tesla motors. two manufacturing executives are leaving and the electric car company lost $282 million in the 1st quarter. the company's stock also fell more than 4% yesterday. and it has been on a downward slope in the past few weeks. >>> well, tesla's not the only company dealing with losses. as betty yu reports, sales of ping pong tables can reflect the local economy. >> reporter: it's a must have amenity at any sillicon valley startup or big name tech company. the ping pong table. a symbol of the millennial workplace. many of the big companies buy them at billiard wholesale in san jose. >> cisco and google and twitter buying a lot. they are regular customers. they always buy it when they either expanding or just replacing the old tables. >> reporter: but the owner

connell: we have news, melissa, on company fiat chrysler.he price took a hit where regulators are suspecting they used illegal software to cheat on a emissions test. this new report out in german newspaper. fiat chrysler could be banned from selling cars in germany if it is found to blatantly disregarded emission rules. melissa: sanders is not quitting without a fight but could the fight make the divide in the democratic party even worse. connell: fitbit under fire. fitbit is under fire!? new study may prove that the heart rate tracker may not be that accurate. melissa: oh, no! connell: whoops. ♪ i have asthma... ...one of many pieces in my life. so when my asthma symptoms kept coming back on my long-term control medicine. i talked to my doctor and found a missing piece in my asthma treatment with breo. once-daily breo prevents asthma symptoms. breo is for adults with asthma not well controlled on a long-term asthma control medicine, like an inhaled corticosteroid. breo won't replace a rescue inhaler for sudden breathing problems. breo opens

michelle: fiat, chrysler and google teaming up.hey are working on the self-driving vehicles. 100 chrysler pacific minivans will be engineered to drive themselves. it does not include licensing to chrysler. they are free to work with rivals. developing now, an entire city in canada is evacuated as firefighters battle explosive conditions from a massive wildfire. more than 80,000 people were forced out of their homes. authorities had to fly patients out from hospitals and other medical facilities as well. so far, about 1,600 structures are destroyed or suppress the fire have failed. jonathan: all the video, not only is it dry there but the fire creates their own wind anyway. it's flying all over the place. steve: people don't realize. they have temperatures around 90 to 95 degrees and record-breaking warmth. 80,000 people evacuated. michelle: feel for them. steve: they think it will get worse tonight now. a repeat of yesterday. we are lucky for us. we can deal with the rain and the clouds. we don't have to deal with it for -- we have

look at fiat chrysler.regulators suspect that the company, fiat, used illegal software to cheat on emissions tests. maybe a bit like volkswagen? the stock is down. then we have this, leonardo dicaprio honored in new york for environmental work. and look at this, he flew from france to new york and back, 8,000 miles round trip on a private jet. now that's, i don't want to be silly and facetious, but that's a carbon footprint and a half and he gets an environmental award. >> there's role models here. remember the paris global warming summit. 50,000 people flying to paris for obama, his trip there, generated more co 2 than driving 72 cars for a year or running 31 u.s. homes for a year. they partied, they had a great time, but instead of having, you know, a go to meeting video cast, they all had to go to paris and party. so what hollywood looks at and the individuals look at it hypocrisy of other people. and we make sacrifices, people watching this program you invest and sacrifice and for these people they don'

google joined forces with fiat chrysler to build self driving cars based on the chrysler hybrid poweredthat does it for this edition of bloomberg west. tomorrow, we sit down with the biggest competitor to uber in southeast david -- southeast asia. now from sanr francisco. ♪ ♪ >> from our studios in new york city, this is "charlie rose." charlie: we begin this evening with the fight against isis and the operation to recapture the city of falluja. 15 iraqi soldiers were reportedly killed in an bar province.meanwhile, a kurdish led forth launched an offensive in syria on territories around raqqa. this is aimed to put pressure on isis forces in their stronghold. joining me from washington is david ignatius. here

it's make or break time for fiat chrysler.nd, about to go head-to-head with bmws three series. the luxury sedan junior is on sale in europe. the critical launch the u.s. is set for the third quarter. latest business flash. now, let's talk apple. billion move to china, as the iphone maker faces pressure. here with all the details as bloomberg's alex webb. joining us from san francisco, know it's early, but really, why china? dd atllion people using the moment? alex: china is the place where apple has endured a certain amount of pain, the iphone sales of slowed. it is potentially the biggest market in the biggest population in the world. getting access into another part of that economy is a huge thing for them. are they caroline: going into the ridesharing company because they want to get into people's phones and cause more use of apple play? or is this like google and a moonshot? maybe they are even getting more. alex: we do not know the exact nature of what will or won't be shared between the two companies. this is the first o

. >> let's look at outs, specifically fiat chrysler. fiat reportedly canceled its attendance at the last minute. they described fiat's actions as totally incomprehensible. and keep in mind we don't have a word as to why they did cancel the meeting so we don't want to jump to conclusions but investors very nervous. >> i love these little cars. the trend back to small. just the small compact cars. have really made a dom back from a number of years ago where bigger was better, right sh. >> and you can see why too with the urban areas -- >> exactly. >> look at suv saelts they still have doing extremely well. especially given the fuel price at the moment. >> definitely. daimler has lowered its outlook for profits in the trucks division amid weak demand. the german out maker plans to cut jobs in brazil, increasing severance cost by a hundred million euros. >> and unicredit is looking into sale of a stake in one of its businesses in attempt to raise capital. italy's biggest bank is reportedly considering reduction in holdings in turkey and pol

chrysler says is not aware of related injuries.he sec says pro golfer phil made $931,000 in insider trading case. been named a relief defendant but is not accused of a crime. the sec says it wants a return on his profits. involves tom davis and a las vegas gambler and both have been charged with insider trading. that is your bloomberg business flash. mark: still ahead, we were first to a week ago and now it's official -- bayer is making a biggest monsanto, the supplier of farm chemicals, all the details are next. ♪ lookinggerman company to buy an american giant with bayer making an offer for monsanto and it would make them the largest supplier of firm chemicals. news of the potential takeover was reported by bloomberg news a week ago. of desperation or defensiveness? what's the rationale behind this bid?licited did question >> we saw it deals we have been talking about for months. we saw a dallas/dupont merge. the remaining players were asking what we do. but theywanted to buy went from the hunter to the hunted. this is a gutsy mov

fiat chrysler isn't aware of any injuries or crashes because of this. the company will contact you if you're an owner. >>> one pitch at a time. it's a mantra that allowed the sherwood high school softball team to achieve an unthinkable milestone in montgomery county. >> the girls just won their 100th consecutive game. as shomari stone found out, they say they are just getting started. [ cheering ] >> reporter: they earned it. >> this is like another state champion to me. >> reporter: the sherwood high school girls softball team made history. 100 wins in a row. >> triple digits. so exciting. not many people have done this and we did it. it just feels so good. >> reporter: the warriors dominated, beating howard high school 6-0 in seven innings. >> all these different emotions. i'm really excited. >> reporter: head coach. >> a lot of the alumni came to see it. >> reporter: the assistant coach says we can all learn from this team. >> there's no limits to what you can succeed if you put your mind to it. >> reporter: what's a sweet victory without cake? after

it is based on the chrysler pacifica minivan.st phase of a joint project to create autonomous vehicles. a big blow to apple's plans to go after price conscious consumers in india, however jacket the request to import and sell cheaper, refurbished iphones. wouldsay that the move lead to a flood of refurbished electronics and defeat the program to encourage local manufacturing. that is the bloomberg business flash. coming up in the next hour, kleiner perkins partner ellen howell discusses her new venture one year after she lost a .iscrimination lawsuit that interview is coming up next. here is a check on the markets, looking at the nasdaq, down at 4773. 17 points at 2054. the dow, down. ♪ david: welcome to "bloomberg markets." from bloomberg's world headquarters, good afternoon. i'm david gora. jury -- energy shares are the hardest hit. , fromlair joins us bright's to the threat of islamic state. speaking out. she talks about her new advocacy group one year after losing her discrimination -- gender discrimination suit. we are one h

the chrysler hybrid powered minivan. it for this edition of bloomberg west. tomorrow, we sit down with the biggest competitor to uber in southeast asia. that's all for now from san francisco. ♪ ♪ manus: oil has broken 50 bucks for the first time since november. america have fallen more than expected. rishaad: the middle east's biggest ever bond sale. energy resources make for international investment. in china anddown simmering territorial disputes top the agenda as g-7 leaders meet. riaa

we contacted chrysler fiat automobiles.s later, chrysler told us it and provided them with a brand-new jeep at no cost. he packed up his summer clothes and fishing gear and paid u.p.s. for shipping and insurance. he failed a claim, but u.p.s. denied it. >> u.p.s. said that i used the wrong type of container. >> reporter: that's when he called nbc 4 responds. he contacted u.p.s. and it said paul used improper packaging, single walled box that didn't support the weight he packed. they refunded paul $154. paul took the refund and donated to charity. for single women all signed up with d.c. singles hoping to find love, two cancelled their contracts within hours of signing up. two said they didn't get what they paid for. the companies no refund policy recooping the money. >> she told me it is nonrefundable. i said excuse me. >> reporter: nbc 4 responds reached out to d.c. singles. it told us after reviewing the circumstances involving each of the four women we spoke with it satisfactorily resolved each of their complaints and re

. >>> and life in the fast lane, google and fiat chrysler teaming up on self-driving minivans. it's wednesday, may the 4th, 2016. and "worldwide exchange" begins right now. ♪ my house we control now >>> good morning, welcome to "worldwide exchange." on cnbc. i'm sara eisen. >> and i'm wilfred frost. good morning from me as well. first, today's political story, ted cruz dropping out of the race after losing yesterday's indiana primary. >> with a heavy heart, but with boundless optimism for the long-term future of our nation, we are suspending our campaign. but hear me now, i am not suspending our fight for liberty. >> the move effectively makes donald trump the gop's candidate for president. in a tweet rnc chairman reince priebus calls trump the presumptive republican nominee and calls on the party to unite and focus on defeating hillary clinton. as for the democrats, bernie sanders got a surprise victory in indiana. much more on the political story. >>> the wall street set up after an ugly day, another selloff on wall street yesterday. at this hour, early futures indicating a l

the new generation is on its way, and fiat and chrysler are working together.illikening up, the richardce, interviewing byrne, coming up next. ♪ alix: "what'd you miss?" treasury secretary jack lew was work fore a deal will puerto rico, with no spillover to the commonwealth. institute, we asked the secretary how the island would restructure its debt, given recent legislative efforts in the house. >> we have been working on a bipartisan basis, between the treasury department and members of congress, trying to come up with technical approaches that work. our standard is simple, it has to work. the restructuring have to be evil to take effect. there can be the ability for holdouts. that means there has to be a process, where we put in an , and a voluntary restructuring does not work, -- >> the devil is in the details, what plan works for you? we have been clear, there could be a voluntary agreement, but the reason we have bankruptcy rules in general, it is really hard to have all parties agree. we have seen what happens when there is not that kind of requirement.

. >>> google and fiat chrysler joining forces.leet of minivans, engineers at both will work together in a facility in southeast michigan. google says it's the first time they've worked together including the consensus and software. they will not share proprietary self-driving software. and it would not be offered to the public but somewhat off. but exciting developments on that. adp payrolls and in june, in terms of earnings reports, time warner, 21st century fox, tesla and kraft heinz reporting after the bell. those are the ones to watch. at the moment, falling about a percent of a decline yesterday as oil prices slid in the dollar rally. we're looking at 0.2% for declines in each of the three main indices. 36 points as you can see for the dow jones. guys, back to you. >> wilfred, good to see you. have a good wednesday. >>> dennis lockhart said britain's referendum whether or not to, quote, leave the eu, looms large. brexit could be a source of heightened uncertainty. he added that he's worried that disappointing first quarter gd

we contaced fiat chrysler automobiles and assured us it would continue to look further. days later patelos said things started happening. >> we started getting calls from the dealership and now chrysler headquarters. >> we decided to dig deeper and that's when we found similar complaints on safercars.com. although the complaints are seriously its commitment to safety and continuously tracks the performance of their vehicles. as far as the patel on's jeep, so now you have finally, you're getting heard. >> yes. >> you're getting heard, not us. i think the media was getting heard and because of what you do, we began getting heard. >> despite exhaustive testing it agreed to provide the patelos with another vehicle. just last week the patelos turned in their car and drove off with this. a brand-new 2016 jeep cherokee without having to shell out a dime. >> i actually broke down in tears at work. we will eternally be grateful. >> the company said it could not rule out unfamiliarity with the ess technology with the start/stop technology with the possibility for the issues the pa

. >>> and google, fiat and teaming up to double the size of the google leaked, and the chrysler engineershelp google install the sensors and software in the vehicles, and google says they need more cars as they expand the real world testing. the new vehicles will include gas electric hybrids owned by google, and the new technology will not be licensed to the fiat chrysler or anyone else. both companies have agreed that they are still free to work with other companies as well. >>> the time is 5:26 am. >>> you may notice changes as you arrive at the muni, but will happen with the trains at the downtown station following the glitch last year. >>> a kickoff to legalize marijuana in california is happening in the bay area today, and we will tell you how much support it is getting. >>> looking at a commute that is still doing very well out there. as a matter-of-fact highway 24 does not look bad, and also the drive toward the tunnel. >>> cloud cover and light rain, more than likely starting tomorrow and into saturday. (group chatter) dude, dude, dude. this is bad. i think we're stuck. we're goin

ford has a robot car lab in palo alto, but chrysler now works directly with google. google just filed paperwork with the california dmv saying one of its autonomous cars had another accident. once again, it was not the robot's fault. it happened in pam loal tom the google car was waiting at a light a car wanted to turn right to get by on the shoulder, the two cars mirrors touched. the google car was not damaged. the other cars side-view mirror was slightly pulled in, honestly the most boring car accident ever. let's check the news before the bell, landondown dowdy is live at cnbc world headquarters. good morning, landon. >> reporter: hey, wall street could add to tuesday's losses, stocks gig back owl of monday's guidance, a decline in china's manufacturing sector. that is raising fresh concerns about the world's second largest economy of u.s. private sector jobs and worker productivity. up 12 40 points t. nasdaq is losing 54 to 4763. scott, back over to you. >> landon, thank you. we are looking for different ways to measure the xi. a reporter at the "wall street jour

google can test its technology on cars and fiat chrysler can prepare for the industry to change. >>>eather lab is not self- driving. >> we need our fine photographers in the front seat. weather hasn't been rough recently. we have some rainfall. severe weather has been staying away. it's been in texas and colorado. jet been in the northwest. for -- it's been in the northwest. for us it's been calm. 56 in san francisco, 76 in concord. santa rosa 69. already the atmosphere is becoming more unstable. we are seeing that in the highest elevation locations. the far northern california mountains toward the siskiyous in southern oregon and far northern california. already some thunderstorms just to the west of redding and one lightning strike about three hours ago to the north and west of lake tahoe. that unstable air is going to hang out with us for a couple of hours. walk and "bike to school" day tomorrow. a little cloudy and cool. temperatures in the 50s. thousands of folks throughout the bay area walking or riding their bikes to school. and they will be doing that with rain-free condition

. >>> google's parent company alphabet has signed a deal with auto maker fiat chrysler to make self-drivingminivans. kari, we could reach back and do so much stuff. alphabet and fiat chris letter will make 100 self-driving pacifica hybrids. they will be prototype minivans for google to use as test vehicles. that deal allows fiat chrysler to jump start its understanding of the technology that goes into self-driving vehicles and allows google to double its testing fleet. there are no plans to sell those self-driving vehicles to the public. rats on that one. >> back here at home -- >> back here at home a fremont company which admitted to underpaying foreign workers will be paying out a six-figure settlement. the company is called bit micro networks, the department of labor accused it of bringing software engineers to the u.s. from the philippines and underpaying them by providing wages in philippine currency. bit micro has agreed to pay out $170,000 including $80,000 in unpaid wages and overtime for 18 workers. >>> the city of santa clara might be the 49ers newest opponent. the team announced

it is self-driving car project is now joining forces with fiat chrysler to integrate google self-drivinghnology into all new 2017 chrysler pacifica hybrid minivans to expand google's existing self-driving program. david: i don't know about those things. we'll see. they will be out on the road soon. >>> meanwhile could a trump win stop the stop trump movement? the club for growth president talks about had is next steps to keep trump from snagging the nomination. melissa: how would you like to take off work to welcome a furry friend into your family? i'm not kidding. it is reality in one country. ♪ this just got interesting. why pause to take a pill? or stop to find a bathroom? cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex do not take cialis if you take nitrates for chest pain, or adempas for pulmonary hypertension, as it may cause an unsafe drop in blood pressure. do not drink a

shares in fiat chrysler getting crushed. they are down on your screen 4.7%.o talk about whether or not this company can come back from this, even though it is only alleged. next, merkel on a mission. the german chancellor makes another trip to turkey as she strives to rescue the fragile refugee deal. ♪ guy: let's get your bloomberg business flash. here is haslinda amin. haslinda: ryanair has forecast earnings growth will slow this year is in as profit jumped. the discount carrier expects earnings to rise this year after a 43% surge in the 12 months through march. airlines cut ticket prices to entice customers wary of flying after recent terror attacks. ceo michael o'leary told bloomberg that egyptair crash will put further pressure on airlines. said it will stop investing in tobacco and will divest. france's largest insurer will sell stock in tobacco companies and run off its tobacco industry bond holdings valued at about 1.6 billion euros. said smoking poses the biggest threat to public health in the world today. boeing has won an $11.3 billion jet order fro

. >> today in the continue -- a self driving minivan is in the works google is teaming up with chryslero put the self-driving technology into 100 pacifica vans but you will not see them in the suburbs for new they are limited to google's test track in california. >> dish has a new service for iphone repairs, dispatching technicians to fix cracked scenes and faulty batteries at $35 fee for the technician and additional charge based on the repair and the phone model. >> finally, a shocking new study of teens and mobile devices, half, 50% say they feel addicted. 60% of parents say their teens were addicted and three-quarters of the parents say kids are distracted by their devices. >> what abut the adults? >> they probably are, too. those are the tech bytes. >> some prominent women have launch add new project to increase diverse difficult in the technical industry and that includes projects to give ceo's recommendations on creating more inclusive work environments and ellen pao who environments and ellen pao who filed for sexual discrimination the wife of george lucas admits that friends of

fiat chrysler benefited from jeep and its dodge ram pickup. and ford from its f-series pickups also seems seeing heavy and in. stock market is doing a u-turn after solid gains yesterday. numbers going down. google's hometown may be onf the next cities to get the company's high- speed tic internet servi of. >> back to you. >> thank you. >>> google's hometown may be one of the next cities to get the company's high speed fiberoptic internet service. today the tech giant will present its plans to the mountain view city council. currently the service is only available in six cities, none in california. >>> racist texts and officer shootings have some people questioning san francisco's police department. today its loudest critics hunger strikers are pushing for mayor ed lee's perspective. kpix 5's jackie ward reports from the mission police station where protestors have been speaking their minds for two weeks. >> reporter: they going to march to city hall. they said it will happen around 12:30 this afternoon. the goal is to meet with mayor ed lee. m

fiat chrysler down by two percentage points, because analysts are wary. be the concern of the mp. they are saying it is exposed to the u.s. auto leasing bubble, that is coming to an end. they say the company hasn't done enough to protect itself from a downturn. the price target goes lower, to 5.4 euros. fiat chrysler falls. guy: thank you very much. has a $250 million that -- inic gold barrett's gold. gold futures have climbed 21% this year, including a 17% surge in the first three months, the best quarter in three decades. what's going on? plenty of people are long or very short on this right now. let's talk about the metals. joining us now, sanford bernstein analyst. also here, a metals and mining analyst from bloomberg. ken, everybody is divided on this one. some people are long. they think they desperately need to buy more gold. others -- >> like, digs that -- look, exactly. you take gold as a currency that doesn't have a central bank, and when you lose faith in other central banks and what they may a currency that doesn't have a central bank to screw

the second comment i would make, of all the cars chrysler make, why isn't it going to be a minivan?body wants to be seen driving a minivan. >> that's true. but do you want to be seen driving in the back of one? let me throw out the idea you want it for a test vehicle. hate as loet of space inside where you can put research equipment in there that you don't have in your other vehicles. who knows why they want 100 of the minivans to be part of the test fleet, but they will eventually be driven by the google team or they will be driven around as they go around the country. >> so fascinating. i'm thinking about the white minivan i had to drive in high school. i used to put the visor down and pretend i wasn't in there. >> would that change if you had your own self-driving car? you wouldn't want to. >> sure. you could be having a party back there. >> lie down. >> get a few extra minutes before school. >>> let's get to still lowe's top earnings. 13 cent as share. analysts were looking for 9 cent as share. however, they had better than expected revenue. $180 million or so in the quarter. it

and fiat chrysler is recalling 2007 to oh 2010, you because the driver's side air bag may not deploy.re of any injuries or crashes related to the issue. >>> let's go to sports. the golden state warriors looking to avenge their game one loss to the thunder here. the amazing lay-up, and the foul. that was part of an 8-0 run for the warriors to end the half. steph curry had a monster first quarter, he scored 15 points, wow. golden state takes game two. >>> remember tiger's manager, epic meltdown earlier this week, which included draping his sweatshirt over home plate. you can own a part of it. they're up for auction on mlb.com and the bidding is at $1,380. jump right in there. >>>. >> just ahead, stephen colbert gets a kid's take on the white house. plus, who are you going to call? we have al roker's ghost bust ter's. ter's. ♪ it's time to get seriously silly, people. ♪ join red nose day to do some serious good to help fight kids' poverty. ♪ it's simple: just get your red nose, only at walgreens, and get your silly on, seriously. time is running out. get your red nose today at walgreens.

fiat chrysler says that their emissions meet the standard.t new york city's fame must murray's cheese shop because there is a glut of cheese nationwide and cheese prices are falling. some of those numbers on that. this is three-pound hunk of caso here. we eat 12 of these. that glut, we would have to eat another 3-pound chunk. 1.2 billion pounds of cheese in storage in in excess. we spoke to the head of merchandising here at murray's cheese shop. >> demands in 2014 that raise the production of milk across the country. what we're seeing now is things hitting that. china is importing. russia has embargo. we're not selling them any cheese. europe is producing a lot more milk. it is driving price -- >> down. >> cheese down. reporter: so, at the chicago mercantile exchange since 2014 the block price, the commodity trading for cheddar has fallen almost 45%. now retail shops, you're paying about 4% less for cheese. so, eat up america. we're heading into the memorial day holiday this weekend, cheese, 3pounds of this a year -- 36 pounds of it, no matte

. >>> fiat chrysler is recalling more than a half million jeep wrangerring because of a safety issue. it includes wrangler models from 2007 to 2010. fiat is not aware of injuries due to the issue. >>> a data breach for linked in could be larger than previously thought. an estimated 317 million user names and passwords are being traded by hacker. the price tag is $122 in bit coin, linked in is looking to unvalidate the passwords affected . >>> many older adults are pressured into trying to look younger. looking good can also make them feel good. >> carol owns a fresh produce company in south jersey and seeing looking good as an important part of his job. >> you can't do much with the aging process. but you don't want to look batters or beat up and want vibance. >> he goes to the gym to stay in shape and to the salon in mar ton to stay on trend. >> he has meeting and is traveling and it's important to look grooms and professional. >> i used to have it straight back and now a george clooney look. people that haven't seen me say i look much younger. >> and carroll is retired and says main

>> reporter: that's right, german officials say fiat chrysler, the italian-american auto maker, has usedtware to cheat on bruce test cents. germany's been launching massive investigations into emission test he is after volkswagon admitted it rigged software. so we'll see how this one plays out, brooke, jim? >> thanks, jill. we'll check in with a little later. another check on weather and traffic. >> some areas could see pop up shower today. katie's forecast when we come >> happy monday, looking ahead to overall pretty decent day. there is an area of low pressure that's nearby, actually, down over the over the mid-atlantic, more of a virginia problem than anything right now, see some of the moisture still rotating through the area as a result of. that will i don't want you to get too bent out of shape over this really talking a hit or miss variety after shower, maybe rumble every thunder, not a huge deal, but we do have little moisture rich atmosphere. there are some areas of fog out there because of this, as well. so today, you know, you have about a 50-50 shot to see something roll thro

fiat-chrysler and google teaming up to double the number of google's self driving vehicle fleet.says it needs to test the tech in more vehicles and try more real world scenarios. wonder how long before we see a lot of those on the road. >>> its major stock indices down yesterday. the dow fell 140 points and this morning futures are also pointing to a lower open. >>> if you win powerball you won't have to worry about all these ups and downs in the stock market at least not as much. tonight's jackpot $348 million and they are expecting that the prize could increase depending on ticket sales. >> normally does when it gets real high. 4:53. we're following breaking news. detectives are investigating two police involved shootings in the city overnight. one of them was deadly. we will have live team coverage at 5:00 a.m. >> but next up a south jersey family makes a desperate plea to the people caught on surveillance video walk away with their family dog. >> ♪ >> a gloucester county woman is appealing to the public to help find her stolen dog. a man in a hoodie carrying the missing yorki