ellen barry, the south asia bureau chief of the "new york times," has been following the story from her post in neighboring india and joins us now via skype. ellen, can you give us some of the details, fill us in on some of the details, for example what area was hardest hit? >> reporter: sure. i mean the part of katmandu that was most seriously devastated was the old historic part of town where there is sort of densely located heritage landmark buildings, temples and palaces. a number of those were simply pancaked in some cases with a the lot of people inside them. >> stewart: ellen, for those that did survive this quake and are trapped in the rubble and are being rescued, what kind of medical attention is available to them? >> what i heard towards the end of the day is the hospitals were completely overflowing or being treated in the street and there were shortages of basic medical goods like gauze, as well as medications. there are a lot of people who had to have amputations because they were stuck in collapsed buildings during the course of day. water is going to be a big problem in

tom: barry ritholtz with us from "longer view," ellen zentner and with us next. -- from "bloomberg viewtner with us next. ♪ tom: good morning, everyone. "bloomberg surveillance." ellen zentner with us in moments. let's get to top headlines with olivia sterns. olivia: j.p. morgan chase posted first-quarter results that to beat analysts' estimates. thanks to rising revenue from fixed income trading, net income rose to $1.45. analysts were looking for $1.41. senator marco rubio says it is time for his generation to lead his country. during a rally in miami, the florida republican announced he is in fact running for president. he is the son of cuban immigrants. hillary clinton is in iowa this morning and will be making her first official campaigns. also crossing the bloomberg terminal this hour four security guards facing long prison terms wants new trials. they were since it's in the fatal shootings of 14 unarmed iraqis years ago. one guard was given a life sentence, the rest four-year terms. and amazon and harpercollins are turning the page. the company's struck a multiyear deal covering