chrysler ceo sergio marchionne just confirming on fox business that he hopes to get a new joint fiat chrysler stock listed and gives the date to jeff flock, october 1st saying that date could slide but reiterated that that was the target. the markets jumping on that news not publicly traded yet but we see general motors has a lot of news flow. it is moving hire. for the latest on ukraine because in a way that really is what is affecting the markets this minute, what the white house and john kerry are saying about the crisis, we head to rich edson who is at the white house right now. >> senior state of department officials said the u.s. and russia found no common ground, six hours of meetings in london that foreign minister sergei lavrov was not empowered by vladimir putin to discuss the way ahead in crimea. this is wait and see, that is the message to the americans on what happens in that vote on sunday. that is a vote the u.s. contends is illegal which they say the crimean have no choice but to remain with ukraine when they go to the ballot on sunday. one that russia sees as the cri

fiat bought full control of chrysler in january.he ceo is to combine the two manufacturers in a cut -- into a company that will be registered in the netherlands though its primary stock listing will be here in new york. things are looking up at bmw. they're celebrating their 25th anniversary of my factoring in america by announcing a big expansion at its south carolina plant. spartanburg has a special place in the bmw family. for this reason, i'm pleased to announce that between 2014 and 2016, we are going to invest $1 billion in this facility. spartanburg will become the largest plant in our production inwork and a new milestone the history of the bmw group. >> that means bmw plans to turn out 450,000 vehicles a year by 2016 down there and spartanburg. the company will have to hire 800 additional workers, bringing total employment there to 8800 people will stop i like it. putting americans back to work. bmw is not the only ones feeling home in the usa. we will take you inside kohler, the brand that has been here for 140 years. gove

really chairman of fiat. talking about a situation in the ukraine.hise question how could be for business. >> he is saying it could be bad. i doubt they sell that many cars in the ukraine. i think the general concern is will it undermine the overall economy? ifi think his point is that it broke into a full-scale world war, it would be very bad but probably not just the auto industry. >> if you are in a situation where he decides to further the influence in ukraine and some at that point things will start boiling down. you are trying to see through it all. we are coming up against a hard right. coming up next, more from geneva and the most auto -- talked about autos. this is made for you. ♪ >> welcome back. the 84th auto show happening right now in geneva with automakers unveiling the latest models to the public. joined by another man who follows this by -- for a living. autoblog.tor of the my favorite autoblog. to startnormally like off an interview with a comment like that but for you, i will. what is the biggest trend we need to pay attention to? >

. >> fiat chrysler japan will put a new sport utility vehicle on sale in may.nd fuji heavy industries, which makes subaru brand cars, is planning to launch a new minivan. >>> let's get a check of the markets. investors stayed cautious on a slowing pace of growth in the world's biggest economies. the downbeat sentiment stems from poor readings on manufacturing activity in the united states and china. major bourses in the region closed lower as profit taking has emerged after rallies the previous days. the nikkei average here in tokyo fell just about 0.4%. did finish 14,423. a pause in the yen's weakness failed to boost overall sentiment. and in australia, the s&p asx 200 index also with declines of about 0.2%, 5336. that did snap two days of gains there. shares of gold miners took a heavy beating on falling gold prices. meanwhile the shanghai composite with very slight gains today, there you see up just a fraction, 2,067. investors bought shares of companies that are linked to shanghai's free trade zone. that's due to reports regulators may further relax restric

announced to recall fiats for transition issues. every time we turn around. is a recall that has come. should consumers be concerned about quality. how safe are we when we come to today's cars. >> cars are safer. than they have been for decade. some cars have up to ten airbags per car. you have, collapsible, steering wheel columns. never used to have. anti-lock brakes are standard. safety equipment is very common, quality scores are way up. but nonetheless, they're defects. honda had a big recall, of minivans because of potential engine fires. it happened in the field. good for the company to take it step. caught him before anything actually, did occur. so, listen, it is complex. anything that is made, you are going to have recalls. but i think it is hard to say that cars are unsafe or not safe, than they were, in the past. that they are safer. >> joan, how about you? what do you think? >> they're safer. a lot of the reason they're safer, the federal government issued motor vehicle safety standards. including airbag requirements. so the companies have to make

that cost parent company fiat millions of dollars.ommunity college in washington says they have the fourth viper ever made, and cannot believe they have to destroy it. >>> the white house full of soul music last night. patti labelle, melissa etheridge, aretha franklin, the women of soul there, performing before the first couple, among other special guests, for a pbs special. boy, that must have been something. >>> time for business and cnbc's sima moody. >> safe way strikes a deal. they own several supermarkets including albertsons, the fifth largest chain. safe way has 1300 stores. >>> american's household wealth jumped more than $10 trillion last year due to the booming stock market and rising home values. household wealth measures real estate, stocks, bank accounts and other assets. >>> the irs says the average tax refund this year is more than $3,000, survey shows most americans plan to use that cash to pay down debt, but other people are more likely to spend their refund on shopping are going out. back to you. >>> thank you very

depressing, less fiat is turning to the horsepower of ferrari to help alfa romeo launch and turn intoe. remail has put out this amazing little car. it went on sale in europe last year. it is just coming to new york. you will be able to buy this for 50 grand. it is a pretty sweet price. it is a hot little number. they will make more alfa romeo's and they will have ferrari advised on the engine because fiat owns for ari. >> talk to me about the alfa romeo ran. it is not an expensive car. >> you are spot on. , you have to owns and alfa romeo to be considered a true car aficionado. they are not expensive, but their coveted. develop at one point in their lives and session of alfa romeo's both they are problematic and underpowered. their quirky. thanks last year they only sold 74,000. >> 90% of their sales are in europe. if they get any more sales, it will be u.s. and china. >> maybe that is why it is good. >> 90% of the sales are in europe. it has a certain cachet. >> for sure. >> last time there was an alpha remail here, dustin hoffman was -- alfa romeo, dustin hoffman was driving it in "

and i see prove recalls how it was caught up in the sun fiat as a teen films in the hotel in downtown kiev. what will come to you it is just going to see on rte to actually you would meet up with say to a story which funnily. on the heels of creamy nic referendum the us says it wants to place sanctions on russia and creamy and officials over what is causing a threat to ukraine sovereignty. i'd tease and associates a team that has the details. the accusations of emotions and threats that have been flying high around washington and see the sense that the obama administration is pushing insult in top corner. would that mean that tends to black mussels against russia because eventually they might not be in the last best interest to me with a name we saw on the third day in the uprising barak obama say that the us against out of possible bullet and write me and determining its own future yes in the west keeps reiterating over over again that only wants is for the ukrainian people to be able to determine their own future. that's the path of the escalation. in sector kerry is engaged in disc

younger the age spectrum it's the palm community is growing organically think people in my life by fiat cynthia. my preference. then more more people the people being born into a sometimes miss a thing going on most thirty forty years and say in any indications of a clear that he will carry on whether it carries on with the same rights. that sounds more like a question to the and the birth rates in the in the moral of the most orthodox end of the community of barry hall and showing the sons of previous london they will surprising that saw something we had two weeks seem to fall. in fact if you get back twenty years get a head wind chill of the sites became the chief rabbi. do you want to see from the net with a bit cool will we have two grandchildren with concern was that young people when using this sense of identity these in the sense of connection to the jewish community. on the city i taken by him up steel view of the more likely you are the guys will be off the religiously observant sad to see the offices of that was was very arresting have a very striking and say say is the entran

americans did by all-wheel-drive vehicles, especially jeeps. 47% of sales went to the fiat owned brandsnissan sales also went up 19% in the months. chrysler deliveries rose 11%. nissan had something like 16% in the game. ford and toyota fell. inclement weather is not just affecting sales, it is affecting the roads and the potholes, as you are probably seeing. they are not just ruining cars, they are taking down city and state budgets as well. take a look. >> potholes. >> they are everywhere. >> like landmines. >> too many potholes. dangerous, gaping holes. >> crews, of course, working overtime to fill the worst. >> they are out there seven days a week, even overnight. ♪ >> all right, we can't get rid of the potholes, apparently, but next we are going to talk about getting rid of the driver. florida showcases an autonomous vehicle that uses infrared light to map its surroundings. jessica howard has more. >> this is a ford fusion hybrid. it looks like any other ford, except it has infrared lights that scan the environment than much the same way another would. -- the same way a dolphin wou

four days and territories must be made to apply a ukrainian governments of the referendum by the imps fiat ukraine people not just the people of all describe me as it quite clear that he and she adds that this is not the constitutional decision that sets in the league does upset the apple cart that is dedicated to massey crisis that is still going on. they suggest i'm in brussels. it's a very difficult than at that price if it does not help the kid told the uk government is adamant crimea but i'll see you crave and they will not let aiden. i achieved what is the mood on the square behind among ukrainians. i think when ukrainian people went to the streets to protest. they did not expect its outcome the one that evidence and if you like but now they have a political crisis which they did not expect and they do not necessarily know how to deal with every thankful to be its national symbol that they will say that the dems haven't and if it's the lamest to take on much has been a treat them abt the plane is still very droll it's very subtle but people come here every day that pundits in a silen

donated to schools had been involved in accidents recently, and that has caused the parent company, fiatillions of dollars. one community college in washington say they have the fourth viper ever made and cannot believe they have to destroy it. >>> the white house was full of soul music last night. patti labelle, melissa etheridge and aretha franklin, the women of soul, performed before the first couple among other guests. it's all for a pbs special. >>> so donald trump stumped and mitch mcconnell schooled on how to hold a rifle. a juicy friday edition of "scrambled politics" is next. and a life of purpose and meaning was infused into a corporate culture. there was a commitment to creating new jobs out of recycled metals, right here in america. and a bank that helped carolyn rafaelian's business grow from a rhode island storefront into a global sensation. that's the beauty of connecting a vision to an enterprise. that's bank of america. ♪ make every day, her day with a full menu of appetizers and entrées crafted with care and designed to delight. fancy feast. love served daily. [ male an

us beer man were seen on the frontline on buildings were stormed an encore and police squads where fiat in kiev during the winter months of the standoff with the government the rights that their time and again rejected offers of interest from residents get a copy the role in the bloody violence has yet to be officially investigated by the insurance authorities in yet. meanwhile in the capital and no matter how deep enough to lure of the local jewish movement the attackers reportedly hit him with backs and shouted anti semitic slogans just want to go the rabbi was seen addressing the crowds in my town. it was traditional to get involved in conflicts not to meddle with power. we must stand aside and pray for the ministers for the government and for peace within the country. well some ukranian seem to have ignored his call for national unity as more and more graffiti appears in laws in ukrainian cities like the one just dry here an ultra nationalist a key government posts ukraine's jewish community feels it can no longer entrust their safety to the police articles for your explains. the so

accomplishments in expanding the cause of human rights have come not because of legislative decree or judicial fiat, but they came through the awesomely courageous act of whether it is fighting government transparency alex demanding justice and transparency and accountability in belarus. an activists wrapping for greater political freedom in cuba or someone writing for freedom of expression in ethiopia, every single one of these people are demonstrating a brand of moral courage that we need now more than ever. this year, there's another name on all of our minds. that is the first human rights report since the passing of one of the most courageous individuals of all time, nelson mandela. mandela was more than an inspiration. he was a model. been in the world, i've homes and offices where his unmistakable face was on posters and prints. namedso many young kids nelson in africa, but so many other laces where people are aspiring for real change. his influence was that powerful. even in his absence, the example he set will long endure. we carry on his work for those who are walking picket lines, who are

it is a fiat, is not gold, it is something fake. trust truly matters.ed is you have to do the first 2 right. bitcoin never got a chance to do the third. they blew up. the world needs something like that going to work. >> will it not be bitcoin? >> the reason why i think so -- bloomberg is in a great position. one of the problems you have to be trusted. the agency that creates the thing has to be worthy of your trust. >> why do we need this? >> for the same thing about security. we live in a world where size matters more than right or wrong. the people who are largest and have a disproportionate voice in our economy and politics, the biggest people get their way. that is not good for the population as a whole and in the very, very long run. what would be fantastic and incredibly -- if you're going to do more transactions on line, credit cards make less sense. you would like the native to online that are used for transactions globally by absolutely every body. that would be ideal. something as pervasive as facebook that everybody can use. who could do it?

than 10 million cars this year, that means that in the equivalent of adding a carmaker the size of fiat chrysler to their production. quite extraordinary. >> what new models are they looking to introduce, david? >> there are new models coming right across the range. the notable ones have the vw audi, the new pisat sedan. we will have several variants on the audis. macan compacte suv shows being rolled out and they're counting on that being a big seller. audi just became the biggest luxury car sales carmaker in the world, overtaking b&w. -- bmwi. another one for volkswagen. >> coming up, the gaming industry's big night. what does winning a trophy mean for game creators? we will discuss with the chairman coming up next. ♪ >> welcome back to "the pulse." the zombie thriller one best gameat the 2014 bafta awards. the gaming industry is worth $93 billion. donna then pharaoh has more on the big players behind the games. -- jonathan ferro has more on the big tires behind the games. >> this year this industry could surpass $100 billion. "grand theft auto post quote -- millionheft auto" $800 in

three what a crock will fall out these are aligned fiat hostile more intensive follow up search. australia's maritime safety authority held a news conference on the satellite images including objects seen in the southern indian ocean the indication to me is a call to the very reasonable size. time and probably a wash with water. holding on to another so that was it the largest image of the same as the sisters being twenty four wickets. it is that basically we have right now that we need to get there find them so you know that saves them. no way that it's really meaningful for now. or was joined on the line not from sydney but our correspondent an adult yet hello handle what's the latest to me at how similar these plain likely to get to the site where those objects were spots. i'd be an irritant. i wanted it to him i should be in the area now thinking that that that gary gary ayres and not caring for the bubble thinking that it will be in the top four but that the kinda during the day that i am kind of. the timing of this news made it into the contest at work and get the attention

fiat ceoas the speaking with bloomberg's guy johnson at the geneva motor show.he situation in ukraine continues, it could dampen car demand in western europe. we continue with our focus on the crisis in ukraine. the obama administration is preparing loan guarantees or kiev and running sanctions against russia. in moscow, vladimir putin made his first public remarks since russian forces took control of crimea. he said he reserves the right to use force to protect ethnic russians in other parts of ukraine. my next guest has special insight into what we may see next from moscow. he is the director of the russia endowment and program. welcome to bottom line. think you for your time today. >> led to be here. >> talk to us about what is going on there. r putin defending russian intervention in ukraine saying that he reserves the right to use more military force. what does this tell us? how should the nine states respond? us that for the time being, he is prepared to escalate the crisis. which is a positive move in a way. relative to the problems that the united states

i better get drunk before i go skydiving but it is better fiat not aware.>john: they should have opec of sex? >> that logical conclusion the idea that you could have collusion. other women are driving down the price of sex for growth of government is willing to go to bet with one treaty and you say i want commitment you will lose. the women could get together we have decided to raise our prices. >>john: once said she was doing porn to pay for college and into the objective is uncovering? >> it is horrendous. she is a woman studies major of course, she explains it disempowering for her. >>john: she makes money doing something that is not difficult. >> summer aristide said is not an argument of legalized prostitution. >>john: it is born. >> they are paid for sex it is just on camera but women are suggesting that she bill be happy to have a degree having spent four years being used by men on camera. ultimately that is not in her best interest. >>john: thank you. feminism or not why are most business and political leaders still men? here is one answer. >> if yo

the ceo with fiat was there and guy johnson caught up with him on a range of topics from geopoliticso jeep. >> how much of a long shadow is going on in the ukraine -- >> if it deteriorates, it will have ramifications in terms of activity, even psychologically. i seriously hope it gets resolved peacefully. >> [indiscernible] >> because he is the prime minister. we also unveiled another beautiful car. >> in terms of the jeep, this is italy meets the united states. >> italy meets the united states and the united states will meet china. we have promised we would take the brand international and this is a first tangible evidence that it can happen. >> aside from sergio's word, the biggest buzz word was technology. >> it's about design and performance and you can achieve visionary cars if you are a leader in the top technology. this is key. >> what mclaren is all about is using technology to build the best sports cars in the world in whatever segment we go into. >> electric and electronic architecture will take over in the future. when electronic cars are about 35% of value, we will go up

it is a fiat. somethinggold, it is fake. trust truly matters.o the first two before you do the third, bitcoin never got the chance to do the third, it blew up first. here is the thing, the world needs something like bitcoin to work. >> with it not be bitcoin? >> they could be a government currency. bloomberg isn't a great position, right? one of the problems is you have to be trusted. the agency that creates the thing has to be worthy of your trust. that for the same reason we were talking about the security problem before, the issue that we face today is that we live in a world where size matters more than right or wrong. the people who are the largest have a disproportionate voice in our economy. in politics. the biggest people get in their way. well, that is not good for the population as a whole. what would be really fantastic and, by the way, if you are going to do more transactions online, credit cards make less and less sense. you would love to have something native to the online world that could be used globally by absolutely everyone. t

you cannot just stage a law by fiat. oh, i do not like the law i will rewrite it.t he is doing. that you cannot do. that is against the constitution. they do not stand up to him or say anything about it. they finally go about it in order to do this. they are just as guilty. the congress says we do not know what this is. the intent of the law is xy or z. then the agency turns around and make their own rules and regulations. you have to comply with that. that is covered by man, not by law. adam: who picks up the pieces of all of this. >> i wish i knew. i think, ultimately -- ultimately, the congress should. when the constitution was written and they seem to know what they were doing and you have checks and balances between the executive branch, if you begin to tilt the path did you wipe out that, the people have no choice. ultimately, i think you are getting the streets if you really want to know. he bribed the private companies. a prime example. they say we will cure this. we will have to institute dodd-frank. that is 2200 pages in dodd-frank. you now have banks tha

fiat employs 225,000 people and has a market cap of 13 billion. it's about productivity.technology. it's about breaking down these traditional barriers and the way we sell. this will just get swept apart. so i agree with you. i think it's uncalled for and unfair. >> amazing. good to see you. thanks very much indeed. patrick spencer, joining us from buried. >>> now, another alternative, the u.s. attorney's office in manhattan has reportedly opened a probe into gm's recall of 1.6 million vehicles worldwide. prosecutors are examining whether gm is liable for not properly disclosing issues with its car and prompting recalls last month. gm and the u.s. attorney's office have declined to comment. gm shares down 5% tuesday. the worst one-day performance in more than two years. down another 2.5% today in frankfurt. >>> now, just how satisfied are you with the service at your local starbucks? if you are very satisfied, you can leave a virtual tip for your barista. starting next week, the tip option will be available in the coffee chain's updated iphone app. after paying, customers

it is a fiat. it is not cold, it is something fake. trust truly matters.ppened here was you have to do the first to write before you do the third very bitcoin never got a chance to build the third because it blew up off the first one. world the thing, the needs something like bitcoin to work. whatever it is, it is not going to be bitcoin. >> bloomberg is in a great position. one of the problems, you have to be trusted. the agency that creates the thing has to be worthy of your trust, because these are -- >> why do we need this thing? >> for the same reason we were talking about the security problem before. the issue we face today is that we live in a world where size matters more than right or wrong. the people who are largest have a disproportionate force in every activity in the economy, and politics. the biggest people get their way. that is not good for the population as a whole and a very long run. blood be fantastic, and by the way, if you going to do transactions online, credit cards make less sense for that. you need something that is native that c

. >>> fiat recalling 18,000 of his new 500 l cars because of a transmission program. more than a hundred routes of drivers who couldn't shift out of park. we're told it could be fixed by updating the software. fiat will start to notify owners of affected cars next month. >>> honda recalling almost 900,000 of its minivans with a potential fuel leak that could cause a fire risk. the cover for the fuel pump strainerrer on the odyssey vans can deteriorate and crack which could allow fuel to leak out. honda says it will notify owners of the 2005 through 2010 odysseys that may have a problem. >>> and early-morning car chase across the south bay. we'll tell you how it ended hours ago. >>> and the reason shipping packages will cost a little more next month. >>> we do have an accident up in the napa area that we want to tell you about. first, this is a live look at the san mateo bridge where you can see that traffic is beginning to kind of slow town here. we'll explain why -- next. >>> a couple of reports of drizzle this morning. the end result will be a cooler and definitely

and chrysler is recalling 14,000 2014 fiats due to a problem with the transmission shifter.solve the problem. >>> all right. from the bible to the big screen, the story of "noah" is hitting theaters in a few weeks, but it is coming under scrutiny because people say it is not an accurate depiction of the prophet. >> should hollywood be able to take this approach? joining us is father jonathan morris. >> good morning. i think by the end of this segment i'll have all of christian dun lop upset at me. >> how do you start? the movie is not out, but we know the criticisms are that the movie is not accurate. >> not accurate to the bible story of noah. but what do we know about noah himself? we know he was a good father, he was a good husband, that he was a good man living in a very hard time to find favor with god. and who did something that everyone thought was crazy, but he did it because he thought it was coming from god. now, that's basically what we know about noah. not a whole lot more. so if you're going to make a film about it, and i think it is a fabulous thing to make fil

cas leer is recalling 18,000 fiat because the transmission shifter can be delayed or shop working. >>ince the disappearance of sierra lamar, the morgan hill teen who disappeared on her way to school. volunteers have conducted more than 500 searches but have yet to find her. how sierra's family is coping and where search crews looked today. >> reporter: the search to find sierra took to the west hills. >> good luck. >> reporter: doug helped organize the searchers. >> we're going through poison oak, ticks, you know, wild pigs. >> reporter: a dedicated group of volunteers named team sierra teach every weekend. sunday marks two years since sierra disappeared. >> as far as time heals all wound, that's not true when you have a daughter, i feel -- it feels just as agonizing. >> reporter: marlene lamar says she's still searching for answers. sierra disappeared on march 16th, 2012 while on her way to school and has never been found. >> this weekend is just as painful and it runs very deep. >> reporter: authorities blame antolin torres-garcia for her disappearance. last month he pleaded not gui

fact it is an innovation that enables you to do transactions more easily but it is not the end of all fiaturrencies. liz: how many of your students are interested in talking about this in class or may be interested in getting involved? >> many of them are. i started following this in 2012 as a result of the student and at that point they were trading $0.32 so it is a different world than it is today. liz: that is fascinating. the use are always ahead of the game but we are watching this so closely. two experts to talk about it, mark williams, boston university school of management finance professor and the global head of gee 10 f x strategy. great to have you both, closing bell ringing in 37 minutes. activist investors at the forefront, so is charlie gasparino. daniel loeb, targeting the famous auction house sotheby's for a month but now he is turning ugly. charlie coming down in a minute with exclusive details. and apple loves the sound of music particularly if it is from a superstars like beyonce. we will tell you how the tech giant is trying to turn record companies and artists to dance

. >> other business news, the chrysler group is recalling 18,000 fiat cars in the united states involvingar's model in certain temperatures the transmission shift lever may have delayed or no effect in shifting from park. in documents filed with the safety officials chrysler was up aware of accidents or injuries last month. >> three of three did yard work. that tells you how the weather is. >> i could feel it after five hours. feelin' it worse now. >> what is the point going to the gym if you cannot do several hours of yard work without being sore? >> three miles at half moon bay is where the clouds are thickest and everyone else is okay. our airports are still run on time with the clouds over with the cold front and sea breeze is tracking onshore winds and as i show you the weather window, you can see the winds coming all the way from the ocean all day today and why we will be significantly cooler. this morning, the winds are keeping the temperatures up and we are milder than yesterday at 49 in dublin, and low-to-mid 50's throughout the east bay hills and valleys and out highway four alo

talk to him how soon the new fiat chrysler automobile stock will be trading and latest reaction to the. stay tuned. cheryl: can't wait for that. jeff flock. we'll come back to you in a little bit. thanks, jeff. adam: batter up. major league baseball spring training is underway. the five weeks of practice typically add five million dollars to the arizona's economy but is it the home run everybody thinks it is. adam housley is in mesa, arizona with the details. >> adam, when they talk to teams in florida and arizona that it is multibillion-dollar industry. it is not just five weeks. we're at the cub as spring training, newest. this is the one brand new this year. next year the a's move to town here in mesa. we had a chance to see where the a's current facility is. for anybody been to spring training. this is one. old facilities. phoenix. it will be given to arizona state to use for their baseball team. the college team. the a's will move here. when they talk to the a's, they tell you, spring training is not just five weeks like it used to be. it really is year-round. >> it is the minor l

it was just by fiat. and he's cutting stupidly, he's cutting money to the troops so they have to take the food stamps. they're already on food stamps. i do not get this at all and i don't support it. >> alison? >> the lack of awareness of what this means to american families. when there are not sufficient troops to fight what's going on, and when suicide in troops is taking more than those are being killed is a huge problem. we're having a smaller troop force go out there with the families? we already know what can happen when you do deploy -- >> hagel admitted it would put american troops at risk. he said that. >> this is a reflection of the obama administration's priorities. obamacare creates two new entitlement programs when we're looking to make cuts? i say cut the program -- well, it's begun now. >> democrats are willing to take on $7 trillion in debt. why do i think this void is going to be filled by a country that is not sympathetic to democracy and human rights, et cetera? >> because you're aware

creating basically cap and trade through fiat versus codified through legislation. >> bernard, wouldthe same way if a republican was president right now? >> look, feel -- i think the problem is we don't have a partner in congress because speaker boehner doesn't have control over the republican conference, so therefore the president doesn't have a negotiating partner in congress to come up with sensible solutions zblsh wait a minute, now it's john boehner's fault? >> which is what the country is demanding -- >> isn't the leader of the free world supposed to have the capability -- >> he's exercising that capability. >> i would think he would have the ability to cross the aisle and have a conversation and try to do a negotiation. what you're saying is that can't happen anymore so he has to use his pen and paper. >> he doesn't have anyone to negotiate with anymore, so therefore he's got to execute his authority -- >> how did other presidents figure out -- >> because government is -- >> president obama has been revealed as a very one-sided, my way or the highway type of person. bill clint

jeff flock is in michigan he just grabbed fiat chrysler ceo sergio mark can i even know. , what do you have? >> we have sergio marchionne with bob king. i have never seen do guys on either side of this who like each other so much. you and bob king, he is the new super bowl commercial you said? >> yes. cheapest answer. to the chrysler 200 advertising objectives is right here. >> bob king gave, bob, come on over if you would, very impassioned speech about this chrysler 200. you guys, i think in my 35 years of covering the auto industry, have a better rimm between union and management than i have ever seen. how do you account for that? >> look, there has been a change in attitude on everybody's part. i think once the bankruptcy happened in 2009, it was a day of reckoning for all of us. we realized competitive framework we were operating under. once we got through the initial discussions about how we come out of bankruptcy, it has been phenomenal very thoughtful process building a relationship and moving it forward. this plant and what it embodies in terms of manufacturing is not just a qu

gosh, looked like a fiat. cheryl: they may unplug tesla, get it? this is also coming up. nobel prize winner and perhaps the nation's leading expert on the howing market. we'll talk to yale's robert schiller, case-shiller home price index cocreator. he will give us his take on the housing and economy coming up. david: he is a smart guy. ♪ up. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. cheryl: time for a quick speed read of some of the day's other headlines. five stories, one minute. first up a portfolio manager from sac capital is reportedly planning to leave the firm and start his own hedge fund. this would be the highest profile departure from steve cohen's firm since the insider trading scandal. >>> bmw is planning to invest hundreds of millions of dollars to

odysseys from 2005 to 2010 and fiat 500 ls from the 2014 model years are affected. >>> sears board approving its lands end business. the new stock will trade on nasdaq april 7th, under ticker symbol le. >>> microsoft reportedly working on a new version of office 365 for apple devices. according to an analyst, microsoft is currently losing about $2.5 billion per year because of the absence of office for independednt pads and iphones and that is today's "speed read." thank you, boss. >>> general motors edging back into positive territory today, even as it struggles to deal with an auto safety nightmare. the carmaker saying it will take a $300 billion first quarter charge to earnings to cover cost that is are associated with its massive recall. liz: so is today's becomep a sign that last week's recall selloff was overdone? jeff flock joining us with more? interesting because the news got worse this weekend. >> maybe not done enough. i'm starting to get a little bit concerned here. i know what the analysts are saying but today's recall is a little bit concerning because those cars recalled befor

fiat and bmw, you're getting growth and companies that are going on. gm, you buy gm.s giving up $6 billion on market cap. if it's a toyota-style fine of $1.6 billion. >> even though the lawsuits are starting to roll in? >> this is a great opportunity in gm. and somewhere on 34, $35 on the chart. i brought some a couple days ago. the valuation and the growth they're seeing, and the uptick. look at the durable numb we saw. car numbers are headed into 2016 with strength. >> i wanted to give it a couple of days/weeks for it to shake out. this has been stuck at down 14%, year-to-date. and then, 15%. then, 16%. against the backdrop of ford being down. toyota, down roughly 10%, year-to-date. it seems like there's a lot more to come. and in the chart, gm, if you buy it against a $30 stop, i think you're okay. but the chart looks like it's rolling. >> okay. any other autos that you're looking at? >> i like gm. i agree with tim. i think part of it is down on the idea that maybe the bankruptcy could be unwound. i think is it possible? sure. but it seems like such a long shot. th

chrysler has 30 days to show an alliance with italy's fiat motors, can make the automaker profitable.ler could get up to $another $6 billion. the white house will spend 60 days remaking gm into a leaner company demanding concessions of autoworkers and bond holers and for the first time the federal government is endorsing the idea of using bankruptcy to clean up gm's massive debts. >> the auto bailout was one of the treatments. president obama and supporters pointed to it repeatedly, the success during the 2012 presidential election. >> osama bin laden is dead and general motors is alive! >> today, however, it's what gm executives knew and when they knew it that's in connection. detroit automaker is sued over a recall concerning potentially faulty ignition switches that impacts 5 million vehicles. the lawsuit alleges gm knew about the problems even when it was in federal bankruptcy. expect gm's new ceo to be grilled when she's on capitol hill tuesday. >>> up next, solar panel raining. that's the promise of one scientist. it is also today's "big idea," next right here on msnbc. you real

. >> jamie, you have a president who is legislating by fiat, using executive orders and using basicallyly the power of his pen but just rhetorical devices to say, don't like that provision, i'll xies it. we'll delay this, the small and medium size businesses mandate. he's eviscerated the sled legislation. >> would you agree he's legally able to do so? >> i'm not sure it is. i think it's a question for the courts to determine. >> let me leave it there for a moment because we have more with our political insiders. that irs targeting scandal, much more on that. will she testify, lois lerner? wait until you hear what they have to say. we'll be right back. what can your fidety green line do for you? just take a closer look. it works how you want to work -- on your own... or with a fidelity investment professional, helping you find new ways to plan for retirement and save on taxes where you can so you can invest in the life that you want today. tap into the full power of yr fidelity green line. call or come in today for a free one-on-one review. i can download anything i want. [ girl ] seriou

. >> so many changes by administrative fiat, i don't think the authors no longer know what's in it.annot reform 17% of the economy with 900 pages of legislation that nobody has bothered to read. >> the president promised on sunday, quote, my administration will spend the fifth year of this law and beyond working to implement and improve on it, and democrats are urging fellow supporters of obamacare to own it. >> the problem for the democrats is they have not been aggressive in saying this is a landmark achievement for the american people, and not being defensive because the critics are so persistent and intense. >> something else we don't know right now, how many consumers are getting covered for the first time. because 5 million americans have selected new plans, but more than 6 million americans received cancellation notices in the last few months. harris. >> peter, thank you. now let's bring in our fox news political insiders. you can join the conversation. and here we are, john lubeaut ley, former republican congressman from new york. pat caddell, a former pollster and fox news

. >> and you have purple states being governored by republican legislative law and fiat and the votersdent obama but the policies that they are living under are the policies of the tea party. so if that doesn't motivate democrats to vote, i really can't help them. >> that should tell you something. >> goldie taylor, jonathan capehart, have a great weekend. and don't forget to watch jonathan who will be guest hosting melissa harris-perry this weekend on msnbc. next, we read between the lines on the right's campaign to dismantle the voting rights act. . we only know one direction: up so we're up early. up late. thinking up game-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com ameriprise asked people a simple question: in retirement, will you outlive your money? uhhh. no, that can't happen. that's the thing, you don'

a 1977 fiat x 19 with a hole in the floor board where i had to put oil in like every 60 miles. i had to be careful not to get dizzy and fall asleep. i could see the road go by in the hole in the floor board. i had a bunch of buddies living in dallas. i showed up and said i'm crashing with you. i had five other roommates. slept on the floor. didn't have my own room. didn't have a closet. didn't have any place to put my clothes except a pile. >> you had a rule when you went out with your gang. nobody could spend more than -- >> $20. >> so you'd all go buy horrible cheap $12 bottles of champagne. >> it was great. we walked around like we were moguls with this bottle of of champagne drinking out of the champagne. p. diddy thought he was cool drinking champagne out of the bottle. we were way ahead of the curve. it was cheap and we thought we were cool. >> what did it do to you, make you want to be? >> it was no big deal. i mean, i had a blast when i was poor. but because i was always motivated. i was always competitive. so it wasn't like i said, well, i'm sleeping on the floor so th

line is he was saying today the way they are regulating bitcoin is at the entry and exit points from fiatars for bitcoin, that is where the regulation is and not within the coin transaction world. >> i was pleased to hear him say matt miller had not violated any u.s. laws with his purchases around christmas. is moving so much faster than regulation. at core that's part of the issue . >> that was suggested, but it doesn't seem it is the case. one of the most interesting things i think is he told us they brought someone from the bitcoin community into the bank secrecy committee. so they got somebody in the community -- >> an advisory panel offering advice on how to deal with bank secrecy issues. but he will not say who it is. it could be the head of the bitcoin foundation that controls the coin source court -- source code. it was fascinating and it was great to have some time with him today in conjunction with what then lost key is doing in new york just pushes along the regulatory framework so we can have a bitcoin exchange. >> a brave new world for bitcoin regulation. not sure the governm

asked the ceo of fiat about the situation in ukraine. >> how much of this is a shadow?if it deteriorates, it will have ramifications a terms of economic activity, even psychologically. i sincerely hope it gets resolved peacefully. keenejust 20 minutes, tom on "surveillance." he joins us with a preview. a lot of folks in ukraine and look at the markets. >> you see the markets recovering, but not all that much. we knew look at currency, when you look at the bond markets, yes, it is better, but how much better? a lot of that will come off the paris meeting of the secretary of state and the foreign minister. we will be looking at that as you have. we will also look in the u.s. at the burgeoning m&a activity and private equity activity. leo hindery will join us with his astute analysis of private equity of politics and also in timothy bitz burger. it will be a spirited decision about a better market at a better wall street as well. >> thank you so much. let's talk a little bit about what tom was talking about, what we're been talking about all morning, diplomatic efforts to

you buy with cash and they will only regulate bitcoin transactions at the entry and exit points to fiats. you have a high-ranking official to talk about it. pantera, nova grass getting involved through pantera. you have a number of other venture capitalists getting involved. is at the market downtown, so -- >> when you think of the days when music fees were coming out and napster came and went. but the technology itself was a really important. and the technology behind what we are seeing in bitcoin is really important. >> sure. >> can you really have a "current see" that is -- that is not regulated. >> they do not consider this current see our currency. see a currency. >> you can look at it as an asset if you want, a commodity if you want. to your point, the tech is really key. the software underlying bitcoin is going to make a lot of things possible other than monetary transactions. you can hold ownership and transfer ownership, use it as an escrow account. be aan use it to checkbook. there are so many interesting things it can be besides just the unit of currency. >> you can buy drugs