look where fiat chrysler is., fiat chrysler will be trading today at the new york stock exchange, the ticker symbol will be fcau, as i look at the post right now, going to start at $8.70 a share. remember, it's trading here, also trading over in europe. it's not a capital-raising event. but when you look at fiat chrysler in the last year, take a l at these shares, up 2%. you might say to yourself, big deal, it's up 2%. well, gm and ford are down 17% and 19%. a nice day. don't forget, sergio marchionne will be here ringing the closing bell, but before he does that, he's coming to the set. he's going to talk with us during "street signs." you heard opening bell, cheers on this columbus day. look back at hq, see the s&p 500 real-time exchange which, well, right now, more red than green. here at big board, government services company vectrus celebrated a spin-off and at the nasdaq, nxtid, biometric authentication company, focused on the global commerce. very inus in afteric. >> noisy crowd. we are opening with a slig

i am joined by sergio marchionne, ceo of fiat chrysler automobile, and john elkin, chairman of fiat chrysler about the significance of chrysler once again being listed here at the nyse. >> the chrysler stock has been away from new york now for nearly 15 years. daimler bought it back in the '90s. for us, now that we're together with fiat, it's a combination of a long trip that started more than five years ago. you and i were reminisce being those dark days in 2009. i think the teams have traveled a long and painful road since then. but i think the listing is a recognition of the effort that's gone in by a bunch of people. 300,000 people that work there. we've done a lot. i'm incredibly proud of what they've done. i'm delighted. this is ten years in the making, five years for chrysler to get here. it's a great day. >> john, though this is not a capital raising stock listing, that potential exists in the future. if you do want to go to the markets at some point in the future, you're in position now listed here on the nyse where the process is easier, isn't it? >> no doubt, to be in the largest

matt miller is at the new york stock exchange were fiat chrysler begins trading. lisa analyzes the gyrating equity in on markets. we have the latest on trading on this columbus day 2014. >> good afternoon. that wiped off $1.5 trillion, they are fluctuating between gains and losses for most of the afternoon. the s&p 500 did drop below its 200 day moving average, but it did rally shortly after that. technical analyst look at this --el since november 12 september 2012, since it has withstood selloff. currently a flat session, and the nasdaq also trading in the red as well. >> what is behind the movements we are seeing today? >> investors adjusting comments from fed officials. u.s. rate increases could the delight by slowing growth elsewhere in the world. today, we heard from the fed president, and he said that the central bank should be especially patient on rates. this is not a concern about whether the u.s. can withstand the foreign weakness market. >> let's get you right to the top stories of this columbus day, 2014. president obama has scheduled a white house mee

this marks a huge comeback for fiat chrysler. just four years ago, five years ago, there was serious questions about whether or not just to shut this entire company down, for sergio marchionne to come in and deal with the obama administration and say, for him to come in and take this company from the verge of being completely shut down into the point where it is now, a lifeblood for fiat chrysler because most of the profits are coming from the chrysler division. it is a remarkable turnaround. >> absolutely. phil lebeau, we'll leave it there and look forward to sergio marchionne's interview on "street signs" later today. >>> more red in store for the u.s. markets with futures pointing to a lower open. the dow wiping out gains for the year. >>> as we were just saying, fiat chrysler gets rolling with the listing in new york today officially e merging the italian and u.s. brands. >>> and a texas health worker is the first person to contract ebola inside the u.s. opportunities aren't always obvious. sometimes they just drop in. cme gr

that has to be the password for fiat chrysler. not solid enough on the mass-market side to survive long-term. they do not have the efficiency of scale, the common platforms they need. the real question is who do they partner with? targeting a are french automaker, but the hey are tied up that with a chinese company. ouret's talk about he favorite subject. elon musk. scathing column on friday on musk. the interview i did on friday, and what he said about automation. important to is differentiate autonomous driving from autopilot. autopilot is what they have in airplanes. we use the same term they use an airplanes, where there is a station there will still be a pilot. the onus is on the pilot to make sure that the autopilot does the right thing. we're not yet stage where you could go to sleep and wake up at your destination. autonomous ifbeen that were the case. >> people love his old futurism, relies onr business consistent, pragmatic, long-term leadership. there will be even fewer musk'snities for personal touch. you say he will b

would you buy fiat chrysler? >> i wouldn't. i would rather buy ford or gm.reat dividend in the stocks after having great moves they've had major pullbacks. >> i'm not buying any auto. the news out of china has been weak and you will see weak news from europe as well. >> we've seen peak auto. >> we've seen peak auto for a while and subprime getting a lot of press. maybe they cut back on the availability of lending. >> josh? >> i own ford and would buy more here. >> do i sense a fight? >> the car or shares? >> the shares. it's not a fight. steve could be right. i don't care. i don't wait for dips. i wait for dividends. paying me a high yield to wait. i understand the argument in the spring we saw the best monthly sales volume numbers we've seen in a while. the price more than factors that in. it's come back a long way. >> ford got hit on things. >> down about 40%. >> the aluminum body and all the right reasons -- >> and the recalls. >> as our friendly cooperman says you can't have every stock on the 52 high week. >> if i could buy more it would be ford not gm.

the addition of fiat in the mix hasn't helped. >> reporter: the new fiat 500l is ranked the least reliable car out of the 248 consumer reports rated. some american brands did well, however. lincoln shot up 12 points this year. buick made it into the top ten list of reliable brands. the only american car to do so. >> gm has been one of the better domestic brands in terms of reliability and buick has often been their top brand. >> reporter: a few first year cars like mazda 6 and kia got high marks for reliability but most did not. >> if you are looking for a reliable car it's really not best to buy a car in the first year of a redesign. wait until they work out the bugs. >> reporter: the redesigned chevrolet silverado which research shows had lots of problems in its first year. according to consumer reports, the most reliable suvs are the mitsubishi outlander sports, subaru forester, toyota highlander and lexus rs. we asked chrysler for a response and they e-mailed 7 on your side this statement. we value customer feedback and use it to continuously improve our vehicles. many of the issues id

five years ago chrysler left for dead now the fiat chrysler company is the seventh largest company in the world. it began trading this is a major deal. the move is supposed to help the company. in its ambitious expansion plans. high of session $9.55. the company though still retains its junk bond status standing with the man who has shepherded through with the survival. jeff in the heat of the action. jeff. >> with the man and his boss actually. john elk is with us, the chairman. you're pretty happy. aren't you? tell me why. >> this brings to a conclusion a long, long process that started more than ten years ago. i think this is a proper way to end a recovery story for two good automakers. i think it's a great story for chrysler. it's finally coming back to u.s. >> did you envision a day where you would be standing to the new york stock exchange -- >> i'd be lying if i told you i did. it would be insane for me to picture this. as we are close to chrysler, as the recovery story took over, i had some thinking we would be here some day. >> real quick today, shares are flat. you didn't ex

fiat is going to spin off ferrari.ting news for people like me who have been following young, since they were as almost every young boy has. the ceo has been working on this fast pace. >> fiat-chrysler shares are trading up over 6% in milan. we will be back in two minutes on in the loop. ♪ >> welcome back. we are 30 minutes away from the opening bell. mortgage applications decreased. investors are waiting to hear from the fed this afternoon. central bank policymakers are wrapping up their two-day meeting. and the fed will and the bond buying program and they are expected to signal that interest rates will stay low for a considerable amount of time. nouriel roubini said that they will probably act later on interest rates, not any sooner. thing they could do is start the left off and then stop and aborted. then they will lose credibility. everything else is equal. they may push it back 6-12 weeks. if they say in june, it may come july or september. >> he also said the global economy is in fragile territory. an unmanned r

fiat has been listed over in europe for some time. reason fiat is listing here and it's a dual listing with europe, when they want to expand, where else do you want to go? in new york, at the nyse. this is position themselves for more growth. >> specifically in asia. >> that's where they need to. they are the seventh largest automaker, but sergio needs scale. he is big, but not as big as he needs to be. what they'll ultimately have to do is aggression i.vely expand china and asia. jeep is the key to that. >> we look forward to that on "street signs." >> you never know what sergio will say. >> that's true. ty, up to you. >>> thank you. big changes for ferrari. the chairman there is out after 23 years. perhaps the most famous name in sports cars now unveils its most expensive production car ever, a car for $3.2 million. robert frank has the story live from ferrari of beverly hills. robert? >> thanks. sergio marchionne adds the title of chairman of ferrari today, he replac replaces luca demotaselo. yesterday they announced the most expen

it has been a slow-going day right now for fiat chrysler. new york stock exchange, excuse me, shares opened about nine bucks this morning. they have seen little movement since. that can't be sitting well with ceo sergio marchionne. he was openhoping the move would raise he have the auto make's profile. he thought it would open with a bigger pop. >> i don't know. the problem all these auto companies there is a general taint to them. this is not a market that you will get excited about, fiat chrysler. >> there is a lot of concerns about global growth right now but i will say cars to me look better than a lot of different spaces. in europe they're bouncing off the bottom right now. if you look at september you saw increase in registrations there. you had increase in car sales here on record prices for month of september. i do see room for growth in cars that i don't see with others -- >> should have put dot-com at the end. >> car companies are slowing down. some numbers coming out are not exciting not just in the united states but globally like

shares of fiat chrysler went up nearly 12%. >>> ups is predicting record deliveries this holiday season, forecasting more than 585 package deliveries in december. that is up 11% from last year. ups expects its peak day will be december 22nd when 34 million packages will be delivered worldwide. >>> circling back now to our top story, the fed and tend of its stimulus program, those record-low interest rates were designed to jump start lending. but did they help small businesses as well as big ones? kate rogers reports. >>> low interest rates would seem to be a positive for small businesses, allowing them to access cash for cheap. but for patrick martin, owner of brooklyn-based food wholesaler, heritage foods usa, low rates are hardly a consideration when it comes to making business decisions? >> i make eight dollars a pound on chops and if i could make nine that is a lot more meaningful to go up a dollar a pound on 16,000 pounds of meat a week, much more powerful than worrying about things outside of my control. >> and martin is not alone, a survey found nearly half of small companies say

ten years after the fiat recovery store. they're both vibrant. >> not much vibrance in the stock on its first trading day. lost 1% to $8.92. shares of lithium motors the company said a drop in used car prices hurt its third quarter profit and also cut its fourth quarter earnings forecast. the stock was down about 21% closing at $64 a share. the maker of rayban and oakley sunglasses saw its shares drop in today's session. the company's chief resigned just after six weeks on the job following the abrupt departure of the company's longtime ceo last month. shares fell 9% to $47 and change. >>> not your typical technology conference but dreamforce billed as the largest software event ever boasts a long line of celebrities and entertainers to drum up support for the cloud computing services at the tech giant sales force. josh lipton has more. >> don't let the crowds and rock music fool you. this isn't a music festival. it's dream force. an annual event in san francisco where sales force ceo marc benioff and a who's who of celebrit

the remaining 90% will be issued to shareholders of fiat chrysler.t the same time, they'll be offering another 100 million shares to the public as they are clearly trying to raise capital here. this brings up two questions. first of all, why spin off ferrari now? if you are the fiat board, you're looking at ferrari saying this is our most valuable asset that we can spin off to raise capital so that we have, a, enough capital for our own investments over the next five years, and also to further invest and expand into asia, which is their weakest spot. also, when you look at ferrari, it is not the brand they believe they're going to push on a global basis when it comes to the upscale market. that is maserati. when you agree with that strategy or not, that's long been the approach. but again, ferrari being spun off by fiat chrysler, 10% in an ipo. the remaining 90% will be issued to shareholders. >> wow. phil, any idea what ferrari is conceivably worth? does that make sense as a stand alone public entity? >> well, it's a more crowded space. let me take

. >> mercedes bend, dodge and fiat were -- mercedes-benz, dodge and fiat were ranked most unreliable. consumer reports recommends drivers steer clear of buying first year models of any brand since it could take several generations before the car companies work out all the kinks. the toyota brand has led the rankings for eight years in a row and its brands include lexus and scion. the survey ranked the fiat 500l, ford fiesta and mercedes- benz 250 the least reliable cars. >>> we have a recall on baby wipes you might have at home. a potential bacteria found in some of those batches could make your little one sick. the wipes were sold under names like members mark, simply right, sunny smiles, well beginnings and the problem is a bacteria that apparently got into some of the wipes and it can cause problems for children's who have a compromised immune system. if you've got any of these, you can return them where you bought them for a refund. if you've got your phone nearby, you will find a list of the stores where these wipes were sold on our wusa9 app. all you do is click on the link unti

even as the market got hammered, shares of fiat chrysler rose, where they just moved. shares were up about 2%. bloomberg television caught up with the c.e.o., where he talked about jeep. >> the great value in jeep is the fact that it's a global brand and as we keep on pushing the limits outside of the united states, we keep finding phenomenal acceptance and recognition of the brand. our big future, the next step is in future. we need to sell half a million by 2018. we are working on that right now. >> the new fiat chrysler is the seffvernt largest global car maker. un made a public appearance. kim junk un absence has caused widespread speculation about his health and status as the country's leader. they gave no mention of when he made the visit. a pressure is growing, majority stake in the company. it walked away from team mobile. and was rejected by the wireless carrier's owner. shares of t-mobile. first to the lead, shaping up to be a huge week for apple. the company is expected to unveil new ipads and new m arch cs and may go live on saturday. a memo circulated to w

more than its fair share of trouble and the addition of fiat hasn't helped. >> reporter: the fiat 500ranked the least reliable. some american brands did well, however. lincoln shot up 12 spots this year, and buick made it on to the top ten list of reliable brands. the only american car to do so. >> gm has been one of the better domestic brands in terms of reliability and buick has often been their top brand. >> reporter: a few first-year cars like the mazda 6 got high marks for reliability, but most didn't. >> if you're looking for a reliable car, it's best to not buy a car in the first year of redesign. wait a year or two until they work out the bugs. >> reporter: case in point, the chevrolet silverado, had lots of problems in its first year. >> we reached out to chrysler and the company says we value customer feedback and use it to continuously improve our vehicles. many issues coincided with new product and technology introductions and have already been addressed with vehicles currently in production. >>> new concerns now about safety means some of the most popular stores in our ar

so for me, it's all about making as much of this fiat cash as i can right now so i can live. i understand that all the cash in my pocket could be viewed as toilet paper. susan, i know it sounds like a trick question, but people should start to ask themselves what is money and what's going to be of great value over the next, whatever, 10, 20 years? >> it's true. are you stuffing it in your mattress, charles? that's what i want to know. seriously, i've got two words for you, bitcoin and barter. i think we're going to see a big trend for that. we're seeing small businesses and big companies like dell and overstock and expedia accept bitcoin now. but small businesses, barter is a big thing, and it has been before the great recession. during the recession in order to manage their cash flows, many small businesses turned to barter, everything from hair styling to a funeral to you name it. i have a 1972 chevy pickup truck that my dad got traded in on a funeral. it is a way for businesses to work together. >> i don't think the u.s. dollar's going anywhere anytime soon. hyperinflation

to find out how rick and premier fiat can help, go to www.dr. credit.com. >> thanks for the information>>> 6:44 is the problem. the weather couldn't be better. that's just the way it is. it is going to get a little worse. we need rain, but with the world series, not necessarily. >> the timing could be better for baseball fans but we'll take what we can get and when we get it, is when we get it. today we're not going to get it at all. showers expected to stay to the north. she's showers are well north of ukiah, and late tonight into early tomorrow. more on that in a moment. from mount tam to san francisco, visibility's just fine. fog not an issue this morning. santa rosa's cool. 48 there. some upper 50s in concord, oakland, sfrap is just above the 60 degrees park. currently at -- san francisco is just above the 60 degrees mark. this afternoon's going to be nice. by noon time, 60s and 70s and later on this afternoon, widespread 70s and even some low 80s here and there for the south bay and the east bay. where? down in san jose we'll be at 78 nearby in evergreen, 81 for you. in the delta,

i think fiat is real good? why? because it's incredibly well run. i want to be a buyer here, great call aerothank you for the nice words. ann marie in new york. >> caller: thank you for taking my call. >> my pleasure. >> i bought mattel at about 36 and i love the dividends, i don't know if i should hold on to it or sell it s? >> they did bad, it was a bad conference call. it was just brutal. i like hasbro more. >> caller: i have a question for you, jeff blue, i know they made changing and the oil prices and everything -- >> i prefer spirit, that's my fa fav and after that i like american. it is not as dangerous out there as is seems, guys all over the play are worrying about what the fed will do, i think we can get something much more benign. we have a big announcement by hp that looks like it is straight out of the report that has a fantastic new 3-d system. i'll go straight to the source, it will blow you away. facebook is losing friends after reporting but should you follow suit? (receptionist) gunderman group. gunderman group is growing. getting

dodge, ram, jeep and fiat all owned by chrysler. >> in fact, the new fiat 500 l is ranked the least reliable car out of the 248 consumer reports rated. some american brands did well. lincoln shot up 12 shots this we're and boouk made it to the top len list of reliable brands. the only american car to do so. >> gm has been one of the better domestic brands in terms of reliable. and boouk has often been their top brand. >> a few first year cars got high marks for reliability, but most didn't. wait a year or two until they work out the bugs. >> case in point, the chevy silverado which consumer reports shows has a lot of problems in the first year. erika gonzalez, news 4. >> we reached out to chrysler. it tells news 4, quote, we value customer feedback and use it to continuous continuously improve our vehicles. introductions already addressed with vehicles currently in production. > walmart apologizing for a halloween costume advertisement on its website. take a look. the section was originally titled fat girl costumes. we checked the website and the category label is no longer there. walmart sa

fiat chrysler shares began trading on the new york stock exchange.utomaker listed in the u.s. >> we need to be here for a variety of reasons.

honda came in at number 4 f.4 least rae liable brand, dodge, ram, jeep and fiat owned by chrysler. >> chrysler had more than the fair share of trouble. if fiat hasn't helped. >> it's rank least reliable car out of the 2 48 consumer reports ready rated. some american brands did well. lincoln shot up 12 points and buick that the top 10 list of rae liable brand. the only american car to do so. >> gm one of the better domestic brands in terms of rae liability and buick often been the top brand. >> few first year cars like mazda 6 and kia high mark for reliability that most did not. >> if lacking for reliable car the really not best to buy a car first year of redesign. wait a year or 2 until they work out the bug. >> case in point. redesign silverado that consumer report research show had lots of problems in its first year. i'm michael finney 7 on your side. >> according to consumer reports most of the rae liable suv are mitsubishi out lander sports. subaru forester. toyota high lander and the lexus rx. 80sler for response and e mailed this statement we tenuously im paragraph the vehicle.

fiat chrysler shares began trading on the new york stock exchange. why t

. >>> fiat chrysler tonight is recalling 184,000 suv's thanks to an air bag problem.dge durango and jeep grand cherokee. company says potential short circuit could prevent those air bags from deploying. fiat chrysler says it is unaware of any injuries or accidents related to the problem. >>> get ready to pay a little bit more for that sweet tooth, cocoa prices are soaring and that could send the price of chocolate up as well. ebola out break in west africa which produces 70 percent of the world's cocoa has affect the supply. >>> now it is time to check your philadelphia jobs market reports. >> "eyewitness news" jobs expert steven greenburg is here with more, steve. >> reporter: if you are searching for new jobs on line, here's a tip, specialized niche jobs can be a big help. niche sites help employers find people who are passionate about their industry, or that have a unique skill set. small company seeking a graphic designer may use a niche site, and instead of the more larger more general job. interesting for working for eagles or phillies, check out teamwork on lin

deporte de alta velocidad, el portavoz de la federaciÓn internacional de automovilismo conocida como fiattes comenzÓ el juego de fÚtbol americano de lunes por la noche al igual que el juego de los dodgers ante cardenales de san luis. los resultados de sus partidos se los tengo esta noche. >> hoy nos contaba cÓmo se viviÓ este partido de los gigantes contra nacionales, pero para hablarnos del color ya estÁ lista beatriz ferrari justo afuera del estadio. >> en estos momentos el estadio estÁ vacÍo y todos se han ido, miles y miles de personas chicos y grandes con tristeza porque perdieron los gigantes cuatro a uno, pero con mucha esperanza de que maÑana serÁ otro dÍa, otra oportunidad para ganar y avanzar en este campeonato. recordemos que en los aÑos 2000 10:02 1012, los gigantes se cometieron en campeones de la liga. nos mantendremos informados,mi reporte en vivo desde el estadio de san francisco, regresa los estudios. >> platÍcanos un poco como se viviÓ este partido de regreso a san francisco luego de este juego en washington donde prÁcticamente se valieron rÉcords de horas jugadas. >> 18

chrysler has become profitable again, fiat is running at a loss. >> and what do investors think of fca? >> this whole premiere of the new company, the shares jumped high in new york but nothing to lift the entire mood. a bit brighter after the horror week the dax was set to recover but the fear of another crash remains very high and traders were very nervous. driven by rumors saying that they passed the ecb stress test, shareholders were relieved because the bank is still sitting on billions of risky investments. but the capital backing seems to be sufficient. >> let's start the market numbers in frankfurt with germany's blue-chip dax up by about .25% to 8812 on the day. the stocks euro index up by about 25%. across the atlantic in new york, the dow is down by a bit more than .3%. the euro is trading up against the dollar. >> foreign ministers from five african countries held talks today on how to tackle the militant islamist group boko haram. many agreed last week to step up their efforts with a special command center in more troops. >> it has been waging a five-year insurgency that h

some say fiat got one hell of a deal to take over.d to see you, jeff. >> he should have had a jeep out there. jeep has become an incredible seller. david: great brand. liz: today is the 16th consecutive day that the dow jones industrials have mored more than 100 points high to low, quite a swing. given the volatility how should you the investor play the market? investor place he had jeff reeves says get defensive. he has a playbook how to do that, i love his enthusiasm. a breach of proper is being blamed for a texas nurse catching ebola after treating thomas duncan who of course died earlier last week but are the nurses really at fault? or are hospitals underprepared or is the government promising too much? we'll talk to the president of the copresident of the national nurses united coming up. liz: can you guess which stock has 54% of its shares shorted? here's a hint. it is considered the craig's list of china. ♪ synchrony financial partners with over two hundred thousand businesses, from fashion retailers to healthcare providers, fr

. >> drivers ranked mercedez benz, dodge and fiat at the bottom of the list as the least reliable. >> we are looking for the most reliant it is the scion. it is kind of stripped down but super comfortable. >> consumer reports recommend drivers steer clear of buying first year models of any brand since it could take several generations before manufacturers work out all of the kinks. began sheban cbs washington. >>> a matter of hours before lamborghini vallejo could overtake a town on hawaii's big island. the volcano has been erupting since june. the flow is now creeping up on the town where 1,000 people live. in the past week lamborghini vallejo has gained speed swallowing roadways and a cemetery. it is moving 10 to 15 yards per hour and could reach the first house by tonight. authorities have gone door to door warning residents of possible evacuations. >> wow. mother nature this slow motion. >> reporter: pretty cool to see. >> it is unless it is your backyard. >> yeah. very scary. >> reporter: our weather was perfect today. >> uh-huh. >> maybe just a personal opinion. >> reporter: it

chrysler and fiat coming together?aving tons of competitors on a worldwide basis. we have 97% of competitors. that one is more dangerous or competitive than the other. we are facing tons of competitors. that is not creating any fear in our mind. plan, therernaround is a huge move toward efficiency improvement. beyond the numbers and the dollars that we are spending in any activity, what matters most in the industry is the with which we are using the euros and the dollars and that is where we have to focus. >> do you expect your research and development team to be more efficient with less resources? >> they are going to be more efficient because we are now implementing what we call a core model strategy. the product opportunities as global opportunities, which means making a car for several markets and keepingtime, some latitude of tuning to meet specific market expectations. by bringing together global models, we improved dramatically the efficiency of r&d and by doing this with limited amounts of financial resources,

, fiat and vw.ike us. fire companies in the state of something went wrong with the new health care law that threatened to shut us all down, and then chris coons got involved. chris did one heck of a job. he got senators in both parties to see that there was a problem. they fixed it, so now volunteer fire companies can stay in service. most guys in washington just want to argue. but our chris coons got results. i'm chris coons and i approve this message. it's not easy to get things done in washington, but i'm working hard to find common ground. skippy!! yippee!! fun fun fun! shiny! you never listen! what? is someone talking? ♪ skippy!! ♪ yippee!! i'm bored. hashtag bored. skippy!! yippee!! look a ride! (vo) made with the funnest peanuts ever! skippy. yippee!! ♪ . >>> good morning, america. breaking news. ebola in america. the first case of the deadly disease diagnosed on u.s. soil. a major american city on high alert. the president briefed. the ambulance and the workers who took the patient to the ho

ranking at the bottom, brands from the newly merged chrysler fiat.t have the worst repair records. >>> walmart is apologizing for an inappropriately labeled section of its website. the uproar started last week when one section of that website was labeled fat girl costumes. yeah, fat girl costumes. walmart quickly replied with online apologies but somehow the label reappeared yesterday. it's since been taken down. a company spokesperson calling it unacceptable. >> how does that happen? >> they apologized and said this should never have been on their site. it's unacceptable. we apologize. >> how does that get through? how does that happen? i wonder. a company like that that scrutinizes just about everything it does internally before it's scrutinized externally. for something like that to get through. >> everything from gothic vampires to olympic goddess under that description. >> we're told it's down again? >> yes. might have to do some researching like you did with the toys "r" us "breaking bad" story. >> and we got that handled. >>> we turn to one of

the least reliable brand was fiat. >>> and virgin atlantic is flying its first dreamliner from london heathrow to boston. little later today the airline trying to start rolling out boeing 787 on the east coast before introducing them on longer routes. the plane features larger windows and improves online access and what virgin atlantic calls the comfiest economy seat. >>> we're watching the sky this morning and it's definitely a little more comfy this morning as the temperatures are not as cold. 51 degrees in philadelphia. few clouds overhead. don't need your umbrella today. the showers will wait for tomorrow. six degrees warmer in wilmington compared to yesterday morning. look at millville running 14 degrees warmer and we're just getting started today. this morning, later on, 10:00 this morning, millville will be in the 60s and almost up to 60 degrees in philadelphia. we'll move right on past the 60s this afternoon and head for the 70s and middle 70s at that for philadelphia, reading and lancaster up to 75 degrees. but there are some showers in our future after we hit the 70s today.

shares of fiat chrysler jumped nearly 12% yesterday. and independent ferrari would be valued at just under 5 billion. >>> everybody likes to relax and watch a movie. how would you like to do it at a theater? they're taking this to a new level. not chauirs, beds. only forur of them right now. the first to use them will have a chance in a few days. no word on if you need to bringior own sheetss. >>> as we get ready for a big "world news now" halloween extravaganza -- >> i'm excited about our costumes. we need to show you a unique halloween attraction in texas. >> a haunted submarine. the pacific -- it was in the pacific during world war ii. it's outfitted with lights, fog, even -- whoa, zombie-like characters. >> people who know the sub's history say some people who slept on board have reported hearing voices in the night. it's said to be a whispering voice saying the words, it's your watch, frank, it's your watch, frank. >> halloween. >> i wouldn't moond. >>> we have a scare at the salon. beauty treatments to lookior worst an halloween?

irs cannot rewrite that by administrative fiat. i'll stop there. thank you. >> i'll point out i believe it was congratulate you for reading the bill the whole way through. there was a justice of the supreme court that described that as being torture if he had to do it. >> go ahead david. >> thank you. i'd like the to start by thanking cato. it's great to be here and talk about this statue and cases with the founding fathers of this litigation. i always love coming e ing td.c. one of the main benefits unlike seattle, i'm much less likely to be told to slow down and not talk so fast here. i'm going to move quickly to keep things going on time. much of my writing on these cases and statue have been critical of liberal aermt arguments in favor of government positions. that'ses 90% of my writing. given the makeup of this panel, it would be a lack of balance if we had two people talk about the challenger side and then i came up here and bashed the government side and we only had one person. much of my writing has been saying liberals, why are we not maki

fiat, the seventh largest autogroup is set to trade. us right now to talk about this turning point is the detroit news and also our own phil lebeau. phil, we want you to walk us through the day ahead and also tell me what is the correct pronunciation. it's a marchionne? >> i've asked sergio, his answer is how do you want to pronounce it. >> how does he do it? >> as long as you do business with me and you're respectful and everything. i've heard both. but that's really a side issue. the real story here today, becky, is that we're going have a listing of chrysler on the new york stock exchange for the first time since what? 2007, 2008. before chrysler was sold. and then you have for the first time in a long time people are going to be looking at chrysler and they're going to be saying what are the growth prospects for this. and sergio marchionne on a global scale, the expansion, the growth of sales by roughly 60% by 2018. a five fold increase in profits. that's the projection for their five-year road map out there financially. there's a r

. >> drivers ranked mercedes, dodge, fiat and others at the bottom of the list. the most reliable car, toyota's scion. >>> a man told reporter crystal cruz he has the cell phone video to prove that someone pointed a gun at him for nothing. >> you, too, get on the ground. >> i didn't do anything! >> i didn't do anything! >> get on the ground! >> i know. get on the ground! >> reporter: he pulled out his cell phone on sunday. >> held it like this and started recording an officer working with the police department pointing his service weapon at him. >> i was scared. i was running into the store for some beer. >> reporter: alejandro was the passenger in a car when an officer tried to stop the vehicle after noticing the driver was disoriented and unresponsive. police say alejandro's friend drove off but quickly stopped. both men got out of the car and were ordered to the ground at gunpoint. alejandro challenged police saying he hadn't done anything wrong. >> we have no weapons. we're not a threat to you. why do you have the gun pointed at me? i'm not a threat. i got ou

fiat becoming more american. does it continue? a move away to the u.s.?, forve said sure, they are shifting the center of gravity from italy to the u.s. because, in the u.s., they make about 80% of the prophet and more than 50% of revenue. that is why they are moving. the commitment is to invest in italy and higher laid-off workers. we will see if this comes true. >> great work and thank you for joining us this morning. big news in the last hour. sergio steps down. we had to the break. here is a look at this. and at the drug pipeline other fever out rates. >> welcome back. global served. there is another risk. affected people in the region. frances is developing a vaccine that could help. let's go with sam. first of all, talk about the difference between ebola and dengue fever. >> mirror images. ebola is difficult to transmit has a high mortality rate. transmit andy to is not as bad. nobody would want to have it. it is a much lower rate. you have a high morbidity rate. >> how do you fit in? we are in the lead for making the vaccine. it is complicated. the

. ♪ >> from milan to manhattan, a newly emerged chrysler and fiat made its debut.th but is weighed down by two fold billion dollars worth of debt will stop this is one of my favorite stories -- that canadian guy running an italian company -- >> it was an italian company. for tax or business, it will be headquartered in amsterdam. executives will sit in london and the stock will be listed here in new york. so much for an italian company. they are still going to make a lot of the cars over there, so i guess that is what is important to the italian people. there will be jobs in that country but it is an incredibly international company. it's not only weighed down by 12 lien dollars and that -- that is because a good thing they expect a slew of consolidation in the industry. this $12 billion acts as a poison pill. in the global auto industry. he does not have enough money to buy any competitors, but none of them will buy him because he has $12 billion in debt and a five-year plan with $61 billion worth of investment that has to go off absolutely flawlessly in order for

fiat's chief executive says he will step down at the end of 2018.the merger with chrysler plans to part after completing a five-year plan to expand the combined carmakers. he to charge back in 2004. he has tripled revenue and operating profit. those are the top headlines. >> the imf is flashing its global growth forecast -- slashing its global growth forecast. the chief investment officer of fixed income at blackrock is with us. that ther conviction u.s. is going forward with the , unshaken by the imf report, wire you write and bill gross is wrong? and bille you right gross is wrong? >> there are tail winds to the economy right now. technology and innovation. the housing market. we are going to run to quarter gdp -- two quarter gdp. you are the first person that has stated the obvious. >> if you take, take out the first quarter which had this weather impact. if you take the last two and the second3 and third quarter of 2014, you are running for gdp growth. if you strip out 2009, we are much in -- running much faster in 10 years. these are not unusua

chrysler-fiat forms the world's seventh biggest automaker. 4 in the u.s. market.erg at 3:00 p.m., chrysler tow chairman and ceo joins trish regan. bart chilton with us, former cftc commissioner. critical of high-frequency trading for years. calling the cheetahs. hoping a group of high-frequency traders will call for regulation. eyes glaze over all this. are we closer to good markets? we've never had better markets. they are more efficient and more effective, they are safer. they are less expensive for the retail investor. it is all good. >> why is michael lewis ramped up? >> it was a great book. my favorite michael lewis book is "blind side." >> what is the number one issue mr. lewis missed? he said high-frequency traders are a pariah. they are part of markets. the thing we need to do, how do you set the rules and regulations for their involvement. how do you deal with the larger question, the question mary jo white has raised at the sec. we gone from having the market -- the new york stock exchange and having 45 different places to trade, including dark pools. ho

matt miller is at the new york stock exchange were fiat chrysler begins trading.es the gyrating equity in