authorities slapped half a billion dollars in fines on fear chrysler as a battle's its own version of its diesel gate crisis. it's time for business on the w m how you know to get us welcome to the program we begin with a case that was supposed to ensure safer working environments in pakistan the german court has rejected a lawsuit by four pakistanis against german discount clothing retailer keke they wanted the company to take responsibility for a fire at a textile factory from one of its providers and kharaj six years ago the plaintiffs also wanted thirty thousand euros each and. the plaintiffs a survivor and three parents who lost their sons won't get compensation retailer kick refuses to take legal responsibility for a deadly factory fire in pakistan and the case cannot be tried in germany. the reason is that the statute of limitations has expired therefore the court cannot decide whether the claims asserted i even possible in substance and amount. in september two thousand and twelve more than two hundred fifty people died in a fire at a cake supply a factory in pakistan the blaz

chrysler building is for sale again. to. be a little bit lower of. the building. you can always log onto our web site. gets underway germany has become a known permanent member of the united nations security council but it's the u.n. is divided under funded in my opinion efficiency so walk down the berlin achieve find out shortly on poetry come. next on d w. it takes a person only. with all the wonderful people and stories that make the game so special. for all true fans was a leg up more than football online. her first school in the. first clueless and. then tours grand moment arrives join the arena tang on her journey to freedom in our interest to turn german tourists entering into and returns home. to one to one official estimates more than one point two million venezuelans live in colombia legally and illegally. i'd return to. to visit friends i don't think i'd ever go back there to live you know what i lived there again i don't know so i'm not sure. bearing witness global news that matters. made for mines. following a very warm welcome indeed to the first edi

why is fiat chrysler's settlement so much lower? reporter: a lot of this has to do with the volume of cars. in the u.s. fiat chrysler sells far fewer diesel cars than volkswagen and diesel cars are far less common in the u.s. than they are elsewhere in the world. the number of cars being recalled iss also far less than what v.w. had to deal with. i think v.w. hadad t to recall buy back around 600,000 cars and fiatt chrysleler will only have to t take back around a hundred thousand. but it is also -- there is a veryry different way that the scandal affected both these companies. at v.w. it was the top executives who were aware of this cheating software that was part of their cars and they specifically built this software to circumvent testing and make it look like they were pushing down emissions when in fact they weren't. at fiat chrysler in fact what it was was the company that makes the software that regularly makes these cars just snuck the software into the cars without fiat chrysler knowing which is part of the reason why they

chrysler has fallen foul of u.s. authorities in the diesel emissions scandal it's now due to pay more than five hundred fifty million dollars in settlement the u.s. the tally and company is accused of using illegal software in more than one hundred thousand of the jeep cherokee assume these and ram pick ups it however denies any wrongdoing the settlement is a far cry from the german automaker has already paid more than twenty billion dollars in the u.s. alone meanwhile fiasco chrysler says it will issue an emissions recall for the affected vehicles but will not offer to buy them back. you know we corresponded my actuator has been following this story for us in washington my it's good to see you now let's start with the basics this all sounds very much like the old gate scandal where the company as we know used illegal software to alter emission levels so why is chrysler settlement so much lower. a lot of this has to do with the volume of cars in the u.s. chrysler simply sells far fewer diesel cars than volkswagen doe

for fiat chrysler. it down after reporting a 44% drop in fiat 2018 sales. i want to bring in jeff flock, our resident auto genius, breaking down other numbers that give us a sense of how 2019 is going to work, right? reporter: it wasn't as bad as some people thought it would be, liz. if we look at the numbers for december, they were mixed thanks, as you report, to the folks at fiat chrysler. let's do the numbers. yes, fiat chrysler for december up 14%. ford was down 8%. toyota, pretty much flat. then gm, which does not report monthly numbers anymore, they just do the quarterly numbers, 2.7% down for q4. sticking with fiat chrysler, you know, just to put that in perspective, much better news than bad news for fiat chrysler. if you compare the sales of fiat, for example, the fiat 500, they sell about 15,000 of them, we usually do the percentages here, it's important to see the raw numbers because the ram trucks sold more than half a million last year so it was huge and a much bigger money maker for them a

(grant)there's a chrysler for sale in new york - a really big one......the chrysler building, that is.the art deco skyscraper's stylized crown and triangle- shaped, vaulted windows have made it a key part of manhattan's skyline for nearly 90 years.after its construction was complete in 1930, it was the world's tallest building.it held that title for roughly a year -- until the empire state building opened less than a mile away.the chrysler building has been owned by a real estate firm and an abu dhabi investment fund since 20- 08. (pam) as a presidential candidate, donald trump promised to revive the coal industry. so as the nation enters his third year in the white house, has he done it? bill weir reports from coal country ... checking on that campaign promise. across america, more and more coal-fired smokestacks are smoke free.the power plants beneath them-- cold and dark. the mines that once fed them-- abandoned.but for the past couple of years, miners and their families let themselves believe that a coal comeback was on the way-- thanks to promises like this.nats of trump rally "we ar

>> chrysler building. >> chrysler building was already sold off. >> was it the chrysler building. >>uilding in new york city truly iconic is up for sale. >> $800 million is what it went for in 2008. that was the purchase price. now the talk is it could stick around that number, possibly lower. we don't know. >> tucker: you are just a savage. i don't feel bad for you. she owned it. >> tucker: we have upped. >> i would like to say it's the. [buzzer] the buzzer. >> tucker: we are now going to pay off your mortgage. we are giving you the eric wemple mug mug then. that's what you want eric wemple. not even sure. thank you, lauren. you are a brave man and a fierce competitor yourself. >> in 2020. >> tucker: in 2020. that's it for this week's final exam. pay close attention. lauren blanchard attention to the news each week and tune in every thursday to see if you beat professionals. we'll be right back. about 50% of people with severe asthma have too many cells called eosinophils in their lungs. eosinophils are a key cause of severe asthma. fasenra is designed to target and remove these cel

now, the iconic chrysler building is going up for sale. >> the chrysler building is juss therful shapesvery top, which is really unrivaled. it's just one of those buildings that you can't imagine new york city without. >> reporter: the 89-year-old skyscraper is one of the leading examples of art deco architecture. at 1,046 feet, it became the world's tallest building, but only after builders installed a 125-foot stainless steel spire atop the structure. that title only lasted 11 months, when it's larger neighbor, the empire state bulding, opened its doors just a few blocks away. sale price estimates for the famed chrysler building vary, but its majority owners, the abu dhabi investment council, hope s recoup the $800 million it paid for the building back in 2008. bu beneath the building is owned by new york's cooper union school, and the lease last year came to $32.5 million.per union school, av top of that, the new owners will also have to compete for tenants with newer buildings that offer much more up-to-date amenities. michelle miller, cbs news, new york. >> ninan: up next, an n.f.l

>> chrysler building. >> tucker: not empire state? chrysler building? was at the chrysler building?ding in new york city, truly iconic, is up for sale. >> $800 million is what it went for in 2008.as that was the purchase price. now the talk is it could stick around that number, possibly lower.um we don't know. >> tucker: you are just a savage. i don't feel bad for you. i would have lost, too. >> she owned it. >> tucker: we have upped. >> i would like to say it was the buzzer. >> tucker: we are now going to pay off your mortgage. we are giving you the eric wemple mug again. you have about eight of them. that's what you want, eric wemple. not even sure. thank you, lauren. >> congratulations, well done. >> tucker: you are a brave man and a fierce competitor yourself. >> in 2020. >> tucker: in 2020. that's it for this week's "final exam." pay close attention. lauren blanchard-level attention to the news each week and tune in every thursday to see if you beat professionals. we'll be right back. ♪ ♪ >> tucker: the investigatione continues tonight into the progressive activist and big time

alone meanwhile fia chrysler says it will issue an emissions recall for the affected vehicles but will not offer to buy them back. now in europe in romania a series of minimum wage hikes including one this year have lifted consumption and boost growth the downside businesses are finding it hard to compete overseas now they're looking for solutions in every possible corner. high and printed circuit boards are an important component in self driving cars only a handful of companies around the world manufacture them among them is how reyes the german firm has a factory in the romanian city of to mishra and is one of many western companies choosing to make high tech products in the eastern european country. the motivation for coming to remain here was not primarily cheap labor or race doesn't need that it was for the highly qualified engineers and specialists around to mishra. there's no shortage of work in the city. romanian company net x. employs technicians and i t specialists the company's services include designing web pages bookkeeping and dispatching goods but finding cheap skilled l

fiat chrysler ceo insisted steadfastly that fiat chrysler did not engage in any sort of deliberate schemeronmentalcans regulators. that has been a key difference the company has maintained from day one. ever since that epa brought the initial allegations. chrysler haveat to admit to any wrongdoing as part of the settlement, and what does that mean for criminal investigations as well? ryan: we previously reported that the justice department has a criminal probe going on in this case. the settlement appears to only ther the civil portion of justice department's inquiry. it is too soon to tell. for the civil element, it doesn't look like fiat press will have to admit any wrongdoing. haidi: brian -- shery: brian, thank you for that. ryan being in washington. wti crude has clawed its way -- it's way into territory. more than 20% recovery from its 18 month low on christmas eve. aaron clark joining us now from tokyo. just production cuts, but also optimism over trade talks? yeah, i think there are a few things driving oil surge. wti jumped 5.2% above $52 a barrel. back into a bull market. i thin

also include read dodge challenger muscle cars, dodge charger sedans, and chrysler 300 sedans. >>> andal motors may be introducing an electric cadillac to challenge tesla. it's reported gm will announce plans for the luxury electric vehicle later today. gm said last november it was doubling resources for electric and autonomous vehicle programs over the next two years. tesla's electric model 3 car was the bestselling luxury car of 2018. >>> anne-marie? >> wow. tom hanson at the new york stock exchange, thank you very much, tom. >>> still ahead, caught on video. a quick-thinking bus driver is being called a hero after she spotted a baby near a freeway. spotted a baby near a freeway. to severe plaque psoriasis. with tremfya®, you can get clearer. and stay clearer. in fact, most patients who saw 90% clearer skin at 28 weeks stayed clearer through 48 weeks. tremfya® works better than humira® at providing clearer skin and more patients were symptom free with tremfya®. tremfya® may lower your ability to fight infections and may increase your risk of infections. before treatment, your doctor

. >>> chrysler rtedly going to pay more than $650 million to settle allegations of cheating on emissionse justice department sued the italian american automaker in 2017 after the environmental a illegal software. it involved more than 104,000 jeep suvs and ram pickup trucks. the settlement is expected to be formally announced later today. >>> it is now safe to eat romaine lettuce again. u.s. health officials declared an end to the e. coli infections linked to romaine in california. the outbreak sickened 62 people in 16 states between october and december. the cdc said yesterday that the contaminated lettuce should no longer be available in stores or restaurants. >>> prices at the post office are heading higher soon. the u.s. postal service is hiking the cost of forever first-class stamps from 50 to 55 cents starting january 27th. priority mail prices will jump by about 5.9%. postcard rates, however, will stay the same. the postal service suffered a loss of $3.9 billion in 2018 even though package prices increased. >>> and the iconic chrysler building is up for sale. the art deco 77-story

alix: let's talk about the chrysler building.easing, in the journal article, $32 billion for leasing last year and it will go to something like $41 billion. you are correct, it would be million. million.2.5 million. when thereicularly is a lot of construction going on. a lot of space is being added to manhattan. alix: and where are the chinese? well thate not in, wind up doing? coming up, a look at brent climbing above $60 a barrel. more on what i'm watching next. you can check all the charts we have used throughout the show at gtv . this is bloomberg. ♪ alix: here is what i am watching and that is loyal. the rally picking up steam in the last hour or so. wti over $50. brent over $60. it relates to the equity market and we are getting a lot of press boundaries from the major shops. morgan stanley is the most recent. they are also constructive on it but downgrading their forecast where they were upgrading three months ago. david: they are tracking each other. they were going up and down together. alix: i guess that is a risk o

fiat chrysler agreed to a deal. the environmental protection agency, and california attorney general, javier becerra, accused the carmaker of installing illegal software in its vehicles, in order to pass air pollution tests. under the settlement, fiat chrysler will also fuel diesel trucks. the model years, 2014, 15 and 16, fiat chrysler stock up more than 1% on that news. taking a check here at the markets. dow jones up and down day. right now, though, up 67 points. the nasdaq and s&p 500 are slightly up. the latest rounds of trade talks ended today. also, negotiators from the e.u. met the top u.s. trade representative at the white house. ellison barber has the latest. >>> wrapping up three days of talks in beijing, with counterparts, hoping to find enough common ground. both sides said they made progress. but negotiations ended without a major agreement. they say they'll keep talking, but no one specified a time or place for the next round of talks and the uncertainty pushed global markets lower. >> china-u.s. rela

fiat chrysler says the resolution willp h maintain customer trust. >>> tesla said today it's going to stop selling the least expensive versions of its model s and mod x vehicles. orders will end on monday for bo of those. customers will still be able to purchase the higher-end versions which come at a hceher pri point, upwards of $90,000. tesla did not say why the lower priced models are being discontinuedut experts are guessing it may help the company control costs or reallocate mateals and labor. >>> britain's biggest car maker is cutting a lot of jobs. erjaguar land r will reduce 4,500 asal workforce by part of a plan to control costs. that is in addition to the 1,500 that left the automaker last year. the company has been under pressure in markets like china, where sales were oft for the first time in 20 years. jaguar land roveras also suffered from the uncertainty surrounding brexit. >>> ford is cutting thousands o jobs as well as it moves to overhaul its global business. the automaker said today it's going to close plants in europe and end production of some low-profit models. f

and selfie at chrysler's ram truck edged ahead. chrysler's -- fiat-chrysler's ram truck.matt: it is fascinating that the sales numbers show that people love this new truck. --is something benedict: it won't please the gm, so that was the sort of disappointing story. another disappointing story is the sedans. those are essentially falling off the cliff. that 70% ofkups, the entire pod. these are some of the trends happening in the last year, but as we said, can they continue? quite a lot of naysayers saying things will slow down genetically. anna: good morning. let me ask you about carlos ghosn. is he finally going to get his day in court? benedict: that might happen. his lawyers are asking why he is still in jail. isn't stuck there since christmas. released, so the question is why was he still being held. there were some reports out some morning about more money which might have flown from accounts that don't owned -- that he owned. the prosecutors are still ,orking through the information but it is not look as that is the hoping to get out anytime soon. matt: a lot of th

one of the most iconic features of new york skyline is up for sale the chrysler building is being sold by an emirates the investment firm which acquired it ten years ago for eight hundred million dollars the structure is considered an art deco masterpiece but experts say falling prices for older buildings mean it could fetch less now than it did at decade ago. mexican drivers lining up for fuel their chances of getting any are slim the government's decision to close off pipelines as part of a crackdown on fuel theft has led to shortages all over the country. to be honest it's really bad because we've ready gone to several gas stations and couldn't get any fuel. that will be like this for three days a ready is on the first but it's a disaster. that's a disaster everywhere i've been to two gas stations and they didn't have any if there isn't any here where else can we go. for years criminals have been tapping into pipelines and stealing millions of liters of fuel this has deprived the state run oil monopoly pemex of an estimated seven billion dollars in revenue now the government's takin

. >> if i may, in our view it codifies for the medicare program what this court referred to in chrysler corporation as the central distinction in the apa between substantive and -- the problem i have is that the provision adds something. it's not just rule regulation. it's statement of policy.>the p provision adds something. it's not just rule regulation. it's statement of policy.>the pe provision adds something. it's not just rule regulation. it's statement of policy. the p the provision adds something. it's not just rule regulation. it's statement of policy. it seems to suggest there's some rules that are encompassed by that. which ones is the open question. but it does seem to suggest that it's broader than the apa ever was. the apa only talks about rules. >> well, again, several points about that. this court's decision which described the general apa standards distinguished between substantive rules and interpretive rules. just as here, bound the contractor but could be changed -- could be challenged and set aside on appeal. >> what in congrey does it chan language at all? i have to

now the iconic chrysler building is going up for sale. >> the chrysler building is just the grandestt's up there in the air. it has wonderful shapes, the silvery top which is unrivaled. it's just one of those buildings that you can't imagine new york city without. >> reporter: the 89-year-old skyscraper is one of the leading examples of art deco architecture. at 1,046 feet it became the world's tallest building. but only after builders installed a 125-foot stainless steel spire atop the structure. that title only lasted 11 months when its lor, the empire state building opened its doors a few blocks away. sale price estimates for the famed chrysler building vary. i st coun h rity owners, the abu to recoup the $800 million it paid for the building in 2008. but buyers beware. the land beneath the building is owned by new york's cooper union school, and the lease last year came to $32.5 million. on top of that, the new owners will also have to compete for tenants with newer buildings that offer much more up-to-date amenities. >> ain't that the truth? >> buy it -- >> if i had $800 million

were told fiat chrysler will have not to admit any wrongdoing as part of the agreement. global news 24 hours a day on air and on tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. is bloomberg. signs the trade war is hurting china at the moment. that country's factory inflation slowed down for the sixth straight month now, the weakest level in 20 years. >> our china correspondent tom mackenzie is following this out of beijing. give us the flavor of what is going on. are we seeing more concerns now that china is entering this deflationary scenario once again? data.nother week set of we do here from the likes of the chinese investment banks saying these inflationary pressures are building as you see a slowdown in demand domestically and external demand is looking weaker as well. tie in the trade war to the impacts on that side. we saw a print of 0.9% for the month of december. 0.9% compares to 2.7% in -- in december, 2.7% in november. that is quite a fall in produce in prices. that will knock off corporate prices, also their a

as chrysler unleashed his torrent of abuse at a phone saddam said again and again we are friends sure you were despite his young age alfonse i damn refused to be intimidated to be a box impressive how such a young man was able to stand up to. it. on july fifteenth one thousand nine hundred forty three. and five fellow resistance members were executed by a firing squad his sister learned of the news by chance. just. crazy if i was walking the streets when i noticed a cunt a couple of notice if you see you said that my brother and his comrades had been shot at six o'clock that morning martha. says he'll do much that. the young students had fought for their beliefs and for freedom. that cost them their lives. as in tucson to this death what was interesting is that the right university of strasbourg was also one of the very few examples of resistance of analytical resistance to the nazi regime front a resistance has been largely forgotten by historians and quite on fairly so including in strasbourg. beach. meanwhile the tide had turned on the eastern front and the. war was also making its

car makers gm, ford and if i at chrysler ared and fiat chrysler are moving to close factories to saveis is a pile-up of 30 cars on the interstate in michigan yesterday. about a dozen families were involved in the crash. a few minor injuries in that one. let's get to mike tobin. he has been covering the story all week. >> you have all these amazing ice structures formed by must and blowing air along with lake michigan's shore. the worst of it does seem to be past us. chicago is getting up to about zero degrees. we won't see 32 degrees until the weekend. you had the rail lines that were disrupted. you had all of the businesses that were shut down, particularly because people were encouraged not to get on the road. now as the city tries to get back on its feet, back open for business. but you can see the snow is starting up again. liz: let's get the weatherbell chief meteorologist joe bastardi. >> it's good to be here. you come on when it happens and people say yeah, sure sure, you said this and you said that. but we did. we saw this coming. it's not over. liz: remember what happened in

. >> and through the medicare program what this court referred to in the chrysler corporation is the distinction of thefe apa between substantive rules. >> and that seems to suggest those rules that are encompassed by that. but it does seem to suggest because it only talks about rules. . >> but several points about that. and those that have the general standards. and those interpretive rules in the manual that it has here the contractor that they could be challenge. . >> this is just like the apa, why does it have change? and with the express choice. >> but with those provisions amended and that they have to gogo through notice and comment that this doesn not require interpretive rules or other things subject to that requirement then in 1787 to revisit the provision. and then to contrast that with that requirement or other statement of policy to have a significant effect on payment for services and that was changedd to keep everything substituted for that for the phrase excuse me that establishes or changes. . >> but for a long time in a long time they did not have to follow the apa.

now let's brief you on some other business stories: carmaker fiat chrysler will pay more than $700 millionhe us justice department and diesel owners, according to reports. it has been sued for allegedly using software to cheat emissions rules — claims it denies. but, in october, it set aside more than $800 million to cover potential costs related to the case. uk retail sales were flat in december as stores experienced their worst christmas in a decade, according to the british retail consortium. total retail sales showed 0% year—on—year growth during the month, the worst december performance since 2008. amazon founder and ceo jeff bezos and his wife, mackenzie, are to divorce after a 25—year marriage. mr bezos is the world's richest person, according to the bloomberg billionaire index, with an estimated wealth of $137 billion, some $115 billion ahead of bill gates. amazon this week overtook microsoft to become the world's most valuable listed company. and now, what is trending in the business news this morning? the wall streetjournal warns the government shutdown could delay projects to bu

fiat chrysler is recalling 1.3 million vehicles in the world.hey're replacing front passenger air bags. the air bags can emulode with to force. 23 people have died from the oblem. hundreds more have been hurt. the recall includes 2010-2016 jeep wranglers, 2010 ram pi challengers.14, dodge and 2010-2014 chrysler 300s. he owners will be notified mail. with your cnbc business report, i'm frank holland. >>> cold and dry for all of your friday. snow potential for your saturday cod add up to 1 to 3 inches of snow. there's a chance we could get additional snow on sunday. complete check of the forecast minutesaway. >>> some complain about ice on the roadways in virginia and montmerygo >>> you're watching news 4 today. >>it's day 21 of the government shutdown. fears have come true for roughly 800,000 federal workers today. they aren'tti getng paid. workers took to the streets in protest. they gathers outside of the afl-cio headquarters. >> the rallying cry was no paycheck, no peace. >> our team coverage starts with hallie jackson on more on where the shu

. >> it codifies the medicare program, what this refers to in chrysler corporation, a central distinction between substantive and interpretive rules. >> the problem i have with this provision, like oral regulation or statement of policy, it seems to suggest to me there is some interpretive rules that are encompassed by that. which one is the open question but it does suggest it is broader than the apa ever was. it only talks about rules. >> several points about that. the general a pa standards between substantive rules and interpretive rules, something in the provider reimbursement manuals just as here, bound to the contractor could be changed on appeal. >> congress just said -- why does it have change language at all? i have to have some meaning to congress's express choice of different articulation of the standard. >> when congress and acted the provision from rulemaking, certain regulations have to go through notice, it didn't define regulation, this does not require notice of rulemaking for interpretive rules or other things that are not subject to that requirement. in 1987 congress r

. >> cuando un hombre afroamericano a bordo de este vehÍculo un chrysler 300 se le acercÓ y le preguntola agrediÓ sexualmente. >> la vÍctima logrÓ bajarse del auto >>> residentes del Área dicen que esto los pone a pensar sobre los peligros de aceptar que un extraÑo se lleve a un lugar en su auto. >> tiene en desconfianza de mÁs gente que viene y ahorita el tiempo estÁ muy perverso y muy podrida al finito de cuentas. >> un joven de 21 aÑos aceptÓ cometer 5 asesinatos en el estado de louisiana en una conferencia afirmÓ que dakota confesÓ los homicidios y reconociÓ el arma que cometio >>> despuÉs de cometer las crÍmenes el joven escapÓ a otra regiÓn por lo que se espera en donde fueron ocurridos los asesinatos. >> enfrenta 19 cargos adicionales. >> en sus cargos incluyen crÍmenes de odio. >> en octubre del aÑo pasado disparÓ contra estÁs personas por sus creencias religiosas anteriormente se declarÓ no culpable >>> revisaron la investigaciÓn del tiroteo en las vegas en donde murieron 58 personas, sin embargo, los detectives no pudieron determinar la razÓn especÍfica por quÉ cometiÓ el crim

also, chevy silverado, the longtime number two pick up truck, was bested by chrysler's ram.od knock for gm, as well. we also saw that gm what we have been seeing really is they are more dependent on china, something we talk about a lot on balance of power, and the unit sales for gm are more than in the u.s., and with the news of apple today weakening -- with the weakening economy in china would not have helped gm today either. we also saw the other automaker reports sales on the monthly will, so we heard ford also moved to the quarterly model. declined, ford and honda and chrysler did well, but it was only the japanese carmakers that eat estimates. david: it was projected to be soft overall. actually come up morgan stanley said that globally things will be coming off a bit. do we have a sense of what is coming next? ford said the industry would have sold more than 2017, but some analysts say that will not continue in 2019. you heard her morgan stanley that their forecast for auto sales will decline by some .3%, marking the first fall volume since 2009, and reiterated the dea

because of an electrical problem that could cause the >>> fiat chrysler is recalling more than 182000 ram 1500 pick up trucks because of an electrical problem that could cause the power steering to fail. most vehicles are are in the u.s. and canada. manufacturing battery fasteners were not properly installed so they may come loose. the second recall in two weeks. >>> just got more expensive to send a letter, the cost of a forever stamp went up from .50 to .55 centss. the biggest price hike in history. priority mail prices also increased by 6%. the post card raid is .35. reporting a net loss of $4 billion last year. >>> let's see how wall street is doing on monday afternoon. the dow is in the red dropping more than 230 points. stocks down renewed concerns of how a slow down in chain's company will affect the bottom line. >>> push to stop children and teenagers to stop using e- cigarettes. raising the minimum age to 21. it's time to ban online sales and youth targeted marketing. studies show e-cigarettes pose a threat to add less scent brains. >>> fizer is increasing its lineup of cance

melissa: iconic new york city chrysler build something up for sale. what bezos could do with the money. they hired a real estate firm to market the skyscaper once the world's tallest building until 1931. abu dhabi investment council paid $930 million for 90% stake in the property back in 2018. connell: when you think of new york, the empire state building and chrysler building just in terms -- melissa: will you buy it? connell: leave it up to mrs. bezos in the settlement. that could be a direction to move. the president sounded the alarm but what is happening at the actual border? we'll give you a first-hand look north of tijuana as we come back. president trump is urging, trying to get support for his worder wall. things apparently didn't go well in a meeting today. we'll talk to doug schoen who joined the conversation on this showdown in just a moment. >> i don't care politically. i'm doing what is great for the country. i'm telling it is a very bad political issue for the democrats. that i can tell you. ♪ i treat my mbc with everyday verzenio, the

that is weird the whole chrysler building situation.e pointed out is up for sale. the president will land in new orleans soon. addressing a lot of farming interests. president saying avert a shutdown, revert to an emergency, he ain't buying it. >> that was a suggestion that lindsey made but i did reject it yes. i'm not interested. i want to get it solved.

>> reporter: mary morgan says the truck she bought from momentum's fairfield chrysler, dodge, jeep, ram dealership needs repair. it had trouble and needed a jump when i was talking with her. >> i've been talking for two weeks, and i figured because of the holidays maybe they took off. >> reporter: i made a public records request. and what i get back throws shade on momentum's plan of quickly reopening. chrysler, dodge, jeep, ram, hyundai, infiniti, kia, mitsubishi, nissan, toyota, and volkswagen have all moved to strip momentum of dealership agreements. momentum responded by filing official protests. the state says it could take as long as a year for this to work its way through the system. the california bureau of auto repair tells me cars that had been stranded in momentum repair shops have been released. that apparently helped dozens of customers. still, there are others like cecelia jackson. she bought a car from momentum and is now having trouble with registration. >> they did not register the car through dmv. i paid all the money, but they not register the car. >> reporter: there

or the chrysler bankruptcies of a few years ago. other cases, the company stays in control and issues new debt securities or new stock and works out a way to pay the creditors. >> the it say its could lower the rating, quote, one or more novembers over the next few months. if this turmoil continues. pg&e only saying, quote, we do not comment on market rumor or speculation. >>> time, 6:36. president trump will address the nation tonight on this, the 18th day of a partial government shutdown. the president insists that any budget bill has to include $5 billion to start building a border wall. white house lawyers are looking into the possibility the president may declare a national emergency in order to pay for it. furloughed federal employees will start missing their first paychecks on friday. >> we have bills to pay. we have mortgages to pay. we have food we need to eat to rv i mean, it feels like it's a game to him. >> now, democrats have asked for equal time on tv to respond to the president. but it's not clear if that's going to h

genie: fiat chrysler is to pay hundreds of m millions s over t emissions cheatiting scacandal. stephen: i iwill cost t them ovr $700 million to settle the legal action in the united states. they werued over the claims they used cheatingng software on over 100,000 vehicles. the settlements include paying out $300 million to federal authorities in california. c commissionnopean is to investigate nikes tax affairs. bephen: eu authororities will looking into revelations that emerged in the para light -- paradise papers. the commissioner says they will be looking into a series of dutch tax agreements and whether they gave nike and unfair advantage over competitors. the deals have allowed the company to o trust the clay rede its top -- taxable income -- drastically reduce its taxable income. genie: the latest on the u.s.-china talks. thehen: they described talks as extensive and thorough and say progress is being made, including the transfer of intellectualal property rights. the talks also covered chinese commititments to b buy more goon the united states. the discussions wrapped up

if you look at december you see a similar and chrysler had a good december largely in fort was down 8%yota flat and gm don't report on the month anymore only on the quarter and down 2.7% on the quarter. overall a big win for trucks and suvs this year and not so much for cars. look at ford. auto sales and they would get most of them up down 18% on the year truck sales and suv sales up 8% on the year as well. now finally the big winners were all trucks. top sellers ford f series the silverado from chevrolet and the ram truck all almost a million for the other guys and we liked tigger as better. size does not matter but size does matter in cars. connell: the graphic next to you was about cars - he's leaving. okay. melissa: i will see you in the next. is he back? it was cars are down and trucks are out. >> is moving on me. [inaudible conversations] connell: what a show. that was something. only ten seconds left - the three that does it for us. connell: now down 640-point. we will see you. david: breaking news president trump making a surprise appearance at the white house press briefing ro

are resolved through a sale of the company, the model being the general motors bankruptcy or the chrysler bankruptcies of a few years ago. are the cases, the company stays in control and issues new debt securities or new stock and works out a way to pay the creditors. >> reporter: or just like pg&e's early 2000s bankruptcy, the public utilities commission voted to pass the cost on to customers. this does not at all sit well with consumer advocates and rate payers. >> i think people are getting tired of pg&e crying bankruptcy every year, and then saying they need a bailout. that is simply not a sustainable plan for customers who have to pay monthly bills. >> reporter: whether or not pg&e files for bankruptcy, another organization that is going to get a very close look again, is the california public utilities commission, heavily implicated in the san bruno explosion, for poor regulation of pg&e and being far too cozy with it, the very same things may well apply to the firestorms and the cpuc will have to answer for that. >> the puc needs to do a much better job with inspections and enforce

fiat chrysler down over 2%.lose to the matter say they are ready to settle a civil suit with the u.s. over diesel emissions, and could be paying hundreds of millions of dollars, set to be announced today in washington, so keep an eye on that throughout the day. anna: thanks very much. let's stick to u.k. themes. signs are growing the u.k. parliament will reject theresa may's brexit deal. losing control of deciding the timetable for what happens next if she is defeated on tuesday in the vote. joining us now for more is our european news director, david nevis. ison derrick from bny mellon still with us. is may heading for defeat on tuesday? will it definitely happen? david: it has been a long shot for a long time if she could get this through. to finallyeet seems be openly admitting they don't expect her to win the vote on tuesday, and they will have to move to whatever the plan b is. the interesting thing to watch will be the margin of the defeat. certainly what the europeans are looking at as well. if she goes d

. >> turning to the auto indudust, chrysler says it's cutting 7% ofis it's full-time work force and 10,000 contractors they are keeping. the electric carmaker has been looking to cut cost to consistently turn a profit. while it rampsps up the productn of the mass market model 3. the c.e.o. defended ththe decisn to cut thoususands of j jobs sa there isn't any other way. the news comes just after china announced that more than 14,000 were a -- tesla model s being recalled fofor thee fault airbrbag. tesla's sharess plunged i in premarket trading. currently off by more than 7%. as you can see there i is minus 7.% now. seeing a broad rallyly this fry. following a report from "wall street journal" which s said th u.s. is considering listing some or all of the recent numbers on chinese imports to move the trade talalks forwaward. neesan s says thathey improperly received eight millionure rows in compensation. the company was established in 2017 after mitsubishi joined the nissan alliance a. the carmaker's internal investigation gound that gon was pid by the venture in the netherlands without appr