fiat agreed to take action. they will also require the automaker to buy back some of its own vehicles. brent is a report for the detroit free press. >> the buy-back program involves over 500,000 vehicles. it actually will affect about 175,000 vehicles. and that's stunning. that is the largest amount of vehicles that have been subject to a buy-back program that nitsa has been able to impose on an automaker in history. >> and fiat is in the hospital hotseat again. it took 18 months to disclose a defect that allowed hackers to seize control of a jeep. fiat isn't the only automaker to be fined by federal regulators. in mayonnaise fined them $35 million for failing to report problems. in 2010 and 2012 the agency leveled two multimillion dollars fines against toyota. 2014 saw 64 million vehicles recalled that's a record and more than double the previous record ten years ago. some lawmakers want to go further when it comes to ensuring that automakers and regulators follow through to make sure vehicles with potential sa

he's at fiat chrysler lab in detroit.ing to show you what they do to get jeeps ready for the snow and cold. >>> hillary clinton compared to watergate tapes. james rosen has a life report next on "countdown." the promise of the cloud is that every organization has unlimited access to information, no matter where they are. the microsoft cloud gives our team the power to instantly deliver critical information to people, whenever they need it. here at accuweather, we get up to 10 billion data requests every day. the cloud allows us to scale up so we can handle that volume. we can help keep people safe; and to us that feels really good. . cheryl: well, 28 minutes to go until the closing bell rings. taking a look at your markets. down for the session, but not by a lot on this tuesday. trading is light on this summer day. a lot of the junior traders are on the desk and the older traders are out vacationing somewhere. there are the markets right now. housing market data heating up. the u.s. department of housing and urban develop

of fiat chrysler and chairman of ferrari.e's notorious for working around the clock, never sleeps. doesn't he already have too many jobs? >> the guy's a bit busy. he's now c.e.o. for chrysler. he's already chairman of ferrari. chairman of the truck business which was spunoff from 2011. chairman of the swiss company s.g.s. and also independent director of philip morris. he has a lot of job. essentially he took charge of . rrari one year ago he already has ferrari was one of his main job. people tell us from he's deeply involved in the development of the future of ferrari. it looks like he really care about ferrari and that's why probably he will get the job when the actual c.e.o. will retire probably in the coming months. olivia: one final question for the americans in our global audience. when are we going to get a ferrari s.u.v.? i know that's zachery lidge for many italians? >> never. never. that's what marchianno used to say. it will never be an s.u.v. you can buy a four door ferrari, which is a sort of see dan. and this i

fiat chrysler has had an incredible growth rate story.onths in row, everything a month, sergio marchionne has provided row for fiat chrysler investors as far as sales. literally every single month for five years. will happen this august, labor day will be counted as part of september rather than part of august. because of this little calendar quirk, he might lose his perfect track record. some analysts are looking for a drop of 1.2% in sales growth this august. bummer as far as a little calendar change for fiat chrysler sales. everyone will feel the same issue, all automakers, but it is just kind of the end of a winning streak for fiat chrysler if they do not manage to pull a rabbit out of a hat. oil stocks obviously getting crushed as the underlying commodity falls in value, even with the rebound, we're looking at 44 dollars per barrel. phillips 66 getting a huge boost today from warren buffett here bestnote, and buying his as far as berkshire hathaway is concerned. people are still driving a lot and gas prices are still cheaper. that to

. >> fiat chrysler has patched the vulnerability in the jeep just one week before his article went to press in wired magazine. even though they alerted the company of the bug nine months before. >> security website that they posted with a press release on their website. what they did to fix this incredibly dangerous problem that could endanger people's lives. >> days later, chrysler issued a recall for 1.4 million vehicles. >> i don't know how quickly they moved, i suppose really slowly. >> fiat chrysler said in a statement, similar to a smartphone or tablet, vehicle software can require upstairs. for improved security protection to reduce the potential risk of unauthorized and unlawful access to vehicle systems. and that's part of the problem. as technology advances, cars are becoming slick computers. that are connected to each other. and outside networks. but without the sophisticated computer security that comes with things like our iphones and tablets. >> as we look into the future of how cars are designed there are more and more computers that are being placed into the network of

matt: this would be yet another title added to the resume of sergio who also serves as the ceo of fiatand another -- a number of other businesses. this is a scoop, definitely a new story and not a surprise. sergio basically runs everything at this company. he has always had such a huge love affair with ferrari. chairman who the had been running for lori -- fe rrari for 30 years. they even have a car named after sergio. a limited edition sergio it is called. pimm: does it come of the sweater? i want to ask something about for robbery -- ferari. is that kind of each rating on the market rather than on the actual business of ferrari. matt: the business is doing very well but sergio things the brand is worth a lot more than shareholders in fiat chrysler are valuing it. that is why they are going to sell 10%. look how gorgeous that is. they will this year with the other 80% to the shareholders which also should help fiat chrysler's share prices. boys holdsferrari the other 10%. pimm: as far as the future of ferrari, they want to ramp up production? matt: they wanted to do it to maintain exc

fiat could find itself in the hot seat. it was revealed the automaker could impose a flaw in more than 1 million vehicles. it allowed hackers to seize control. fiat chrysler is not the only auto maker to be find. in may mitt sea fined general motors $35 million for failing to report defects leading to recalls. in 2010 and 2012, the agency levelied two multi-million fines aobtains toyota 64 million vehicles were recall that's a record in more than double the record set over 10 years ago. some want to go further in order to make sure automakers follow through. making sure that the issue does not remain on the road. >> this is part of a group of lawmakers calling for more legislation of car recalls. >> the prop is that n.h.t.s.a., a federal agency it doesn't have a lot of power to implement recalls. one of the parts of the legislation is to say that if there's an imminent hazard to people, they would have the right to do a recall right away. >> reporter: they explain how the recall separates now. >> as soon as or quickly after

this is home to fiat chrysler, and this is a ram 1500 pickup.t they call the snow lab where they test all of the jeeps, the trucks and all of the other chrysler and fiat vehicles. and what they can do is they can get the temperature down to -40 in here, which they had earlier. they can also get wined speed up to 10 -- wind speed up to 100 miles an hour to make sure the vehicles continue to function properly. and this was the design -- i'm going to stand right in the middle, if i can, of this wind chill. take a look at this! this is a machine that -- i walked too far over. there we go. this is the machine that generates it -- [laughter] hold on. blue the microphone right out of my hand. trish: careful! >> reporter: you can't stand there very long, something's going to fall off! trish: that's some pretty serious weather you're facing. >> reporter: yeah! that's a pretty good blow. [laughter] kind of fun though. trish: i don't want you getting hurt on my watch, jeff flock. thank you so much. [laughter] try and get warm. i don't envy you. >>> coming

it prompted fiat chrysler to recall 1.5 million vehicles.s it is trying improve security at the company. high profileing movies, including "hunger games" and "transformers." netflix will be ending his contract with epix to focus on original content. those are the corporate headlines this hour. i am zeb eckert. angie: time for a look at what we are going to be watching in asia this week. tomorrow, we could see the manufacturing pmi for china at its lowest in three years. economists expect a figure of 49.7 compared to 50 in july. a number of this loan would put pressure on beijing. blackoverseas be the new for netflix? offering original local content at its launch in japan. netflix is hoping to expand into another 150 countries by next year. time for the battle between samsung and apple taking up again on thursday. samsung will release an update to galaxy gear at a trade show in berlin. a photo has been published of the new device, which has a round face and is rumored to feature gps. on thursday, we saw xi jinping welcoming world leaders to c

auto sales do out this morning main street wall street keeping eye on the big four, gm, fiat chryslerrecovery but fiat chrysler is making headlines, we are calling it the jeep effect fox business jeff flock in illinois with more, looks like you are standing in front of a je dealership. >> beautiful day not only jeep but entire industry you are right all about that jeep take a look at predictions out there, going to be good for everybody, sunny day for everybody today we think. according to kelly book true car, fiat chrysler jeep brand up between 3 and 4%, ford expected to be up as much as almost 4%, gm might be a lagard nissan a big month expected as we said, all about the jeep, according to kelly's blue book analyst jeep should extend sales gain streak to 6 consecutive months, on jeep. >> you are looking at a jeep cherokee but the cherokee and the grand cherokee, take a look at cherokee sales alone have to up incredibly this year, really is driving the brand, up 44% in january, 19% february, every month another big one, this is the cherokee right here, people seem to like it despite

what would an ipo, what would a spinoff for ferrari mean for fiat chrysler?ng we essentially, it is for two regions. fors giving the freedom ferrari to be independent. it means that if they find the right partner for a merger, we know they have been looking to merge with gm until now for sure, then, the family will not risk losing control over for our if they merge with another carmaker. marchionne expects they boost .he value before the spinoff 10% now, a high evaluation. owned in for 80% area the beginning of next year. after the ipo, ferrari would finally get the value and after --gets real value, >> of course, marchionne already the ceo of fiat ricer as well as the chairman of ferrari, notorious for working around the clock. he apparently never sleeps. doesn't he already have too many jobs? busy. guy is a bit ferrari,hairman of which was spun off in 2011. chairman of the swiss company sgs. has a lot of jobs. he took charge of ferrari one over two decades. he already has the ferrari as one of his main jobs. involved it looks like he really cares about ferr

field chrysler did not do so that itself -- fiat chrysler did not do so that itself.e will also talk to the ceo of barnes & noble education. data on manufacturing, construction spending. erik: now, the focus shifts to friday's jobs report. ist: joining us to discuss johnson goleb. thank you for coming on the program. we had a long discussion. we want you to know what you think the fed should do and what you think the fed will do. janet yellen has said she will raise rates at a slow and measured pace. one and done for the year? what do you expect the fed to do. investorsow, i think are putting 50-50 odds on the fed moving in september. with a 5.3% unemployment rate, if they still think we need zero rate policy, they are signaling to markets that this economy is more broken than we'll think it is. that is not a good thing. i want to see the fed moving in september. we could enumerate several reasons why the fed should raise an straits, right? because the economy is strengthening, because the unemployment rate has dropped. because it is important for the fed to prove tha

corey: the viagra one was great with the fiat -- it was great. olivia: that was a fiat commercial. corey: it was both. like a viagraks commercial but i don't think viagra had anything to do with the fiat commercial. corey: i'm just saying. maybe the drugmakers should taken out. olivia: they should. number five? corey: weather channel. universal.and nbc the company for $3.5 billion in 2008. the cable channel is considering selling their digital business. it is a really interesting business on the weather channel. a great bloomberg story a few weeks back. i will treat that out. fascinating business, fascinating data story and the way they use computer science to build this business that works together. it will be interesting. olivia: why is this digital business so much more interesting than the linear tv business? corey: i think the digital business will get a higher multiple. but thes are cracking weather channel up a very good weather app. olivia: i default to the apple one but i have been told to get yahoo!. corey: yahoo! is nice also but the weather channel looks nice. live dopp

fully justified because it pays somebody in compensation for something they have been deprived of a fiat mocking down the street and as a result but if i can work i need to be compensated for that to receive got lost income but now the truck ran over my foot. so that relates to the crimes in the past what we're living with today is not slavery but the descendants many times removed. so the great grandfather was wrong. to be entitled to reparations but to be born in america to joy the same rights and freedoms is in a very different position than his great great grandfather. it is much weaker than the argument giving reparations to the slaves themselves. >> host: in your opening chapter american suicide turns out is the result of a play and. whose plan? >> day powerful political movement in america that sees american history with defenseless minority groups then continuing with mexican vans and african-americans so there is the sense is still have is the wealth ha but what it means is the unfair share for themselves. if you think america speaks explicitly an america of today to make some p

expect more recalls because of the penalty from the government on fiat chrysler about the slow recalls repair vehicles. you will see lot more of them coming. severe weather same in in the midwestern and may be heading our way. let's go to fox meteorologist maria molina who has the details. reporter: good morning, dagan. a lot of severe weather across parts of the midwest and great lakes region great lakes region over the weekend storm system is on the move and forecast potential for severe storms from new england to the ohio river valley and further west into parts of the plant. that looking at the risk or large hail and even the threat for isolated tornadoes. more forecast along the east coast and parts of the planes. otherwise parts of central florida the big story the last couple days has been the ongoing flooding threat across the central parts of the state and the forecast is for more rain in the area. currently temperatures on the warm side early this morning across texas and forecast to get hotter temperatures with the troubled digits this afternoon. dagen: maria molina, meteoro

fiat said it fixed the loophole. but the feds wants to know which other cars have the vulnerable radios. >>> another person has died of legionaires disease in new york city. health officials say they expect to see more people get sick. five cooling towers have been cleaned. cooling towers spread the disease through contaminated mist. in our area west chester has disinfected 8 cooling towers after an employee was diagnosed with the disease. >>> craft is recalling cheese singles due to a packaging error. there's a possibility when the individually wrapped slices are unwrapped, a thin strip of the packaging could be stuck on. the recall applies to 1, 3, 4-pound sizes of singles white american cheese. the packages have manufacturing codes of f54 or 55. >>> wild fires are burning in california that took the life of a firefighter and two thousand homes and forced many to flee. governor jerry brown has declared a state of emergency enabling him to add the national guard to help with the fight. >>> much more to come on "acti

kelly blue book says the average price under $33,500 up 2% compared to a year ago and if we look at fiathrysler, we may see something today and we still might. all three of the big three stocks up more than 1% for the day. it's only happened seven times this year. it's been a rough year for the big three. the final numbers for the month. scott, back to you. >> phil, thanks. >> as far as i'm concerned those are not trades. they are in four and five year ranges. they fall back down to support. the trade in the sector is o'reilly automotive. this stock wakes up, goes to sleep, starts over the next day like a clock. continue to raise the bar higher and the average age in this country is almost ancient. they are selling the parts for people to keep the cars winning. it's an ancillary trade but it's working better. >> stocks are trying to move back to the flat line as well on these comments. toyota, what you used to like because of the currency angle. >> i do. >> you still do? >> the challenge in front of it for the particular quarter in hand is what's going on for the japanese yen. that's bee

you saw the president today with another fiat that's going to destroy industries and kill jobs.cross the board the minimum wage is an attack on youth employment. so that's for us. then i want young people to know you have to steer yourselves and inform yourselves you won't get this information in college or high school. you need to inform yourselves and learn and know this is an attack on you more than anybody else. >> you go back to great philosophers and our founders and framers and burke and detoqueville. you lay the foundation. you eviscerate the ideologies of failed idealogy. do you think america's waking up to that fact or is america literally risking a decline that it can never recover from? >> i don't know. but i do know this if we don't fight this that's inevitable. i think a lot of the republicans think that this radical left agenda is an inevitable. i think the left thinks they're on a high. my attitude is from the grass roots up the tea party revelation, the reagan revolution or young people joining with their parents and grandparents. i have taken every major issue

take a look at overall, they really boosted fiat chrysler's numbers.ise i think this month up over 6 president. a lot of people thought they wouldn't be up by much of anything, ford almost 5% and toyota pretty flat for the month. the other thing, of course, in addition to jeeps is trucks. that's the ram truck right there. their sales, we can put those numbers up, kind of flat for the month. silverado, hi, ho, silver, i just asked some young person if they knew what it was, never heard of the lone ranger, but silverado up 33%. cheap gas, we love it. liz: first jeep i got was in 1989 in columbus, ohio. it only had one side mirror. >> that's where they made it, too, right there in ohio. liz: jeff, thank you. we've been following the jeep story very closely. a year now, just killing it. closing bell, nine minutes away. it's called black gold, but is there anyone in the lone star state who's looking elsewhere to make money? we've got one texas money guru who not only is willing to admit it, she called it back in january, said get out of oil. what is she say

thanks to friends at fiat chrysler for this extraordinary live act sercs fir time ever live reports fromis is what it feels like to be in minus 55 windchill. i'm growing to try to turn into it for just a second. oh, my god. that subpoena incredible. it is incredible in these vehicles. i have to get out of this. david: the horror. the horror. >> that these vehicles are able to make it through this. i'll tell you. if they can make it through this, they can really -- >> jeff, can you hear us? is it worth being outside of streets of chicago in the winter? i heard from my dad how brutal that is. what do you think of it there? >> i think it is worse. this is concentrated, intense, in regular blizzard you wouldn't have this kind of intensity at all times. this is just non-stop. it is unrelenting. and -- david: jeff, how long do they keep the blower, keep the blower going there? how long does a vehicle like this endure? >> not as long as jeff. >> today they kept it going longer than they normally do for us because we've done this all day like a bunch idiots. and it, it is really testing their sy

i think the fiat is quite friendly to drive.f you need to learn how to get away from a murderer or the zombie apocalypse, watch this video on rightthisminute.com, click on "tv show" to watch the entire thing. i feel like i could teach you. >> i think that's a video that's going to happen. >>> the girls at university of alabama have put together a sorority recruitment video. see if this sorority is calling your name. >> so anybody can join the sorority? >> yes, i believe so, gayle. nonow w atat c chihilili's's, d chicken burritos for lunch. mamakeke i it t a a lulun. ththenen t tapap, , swswip. ♪ okokayay! ! fufun'n's s ovove. awaw.. awaw. ♪ ththirirststy?y? they said it would make me cool. ththeyey d donon't't s sououndnl to me. guguesess s no. yoyou u gogot t toto s stitickp for yourself, lilikeke w witithh the name your price tool. pepeopoplele t telell l usus t , not the other way around. ararenen't't y youou lactose intolerant? ththisis i isnsn't. it's milk. ♪ ththisis i isnsn't. it's milk. it's tougher than ... foster farms

as a result, fiat, chrysler issued a recall of $1.4 million to fix the vulnerability -- the vehicle rather for the vulnerability. the two men will work out of uber wase re-- uber's research and self-driving car. the facility is where uber develops security software. >>> transportation authorities have approved the first ever air paper drone. the power up 3.0 is a light weight flying device used with a smartphone. they gave approval for the owner to use it for photography and data collection. the decision won't allow all paper airplane drones to fly commercially. just this one. >> it is an interesting contraption. it is not quite as hot. >> it is a cool down. sandhya patel is here with the latest. >> not only a cool down, but perhaps a few drops tomorrow morning when you wake up to your saturday. you might notice slick streets. live doppler 7hd is showing the cloud cover. green up to the north and there is moisture in the clouds. we are waiting for the rain. and right now yellows are showing up along with greens off the northern california coast. light to moderate rain in that direction. th

. >> pam: fiat chrysler has recalled another one of their vehicles.ge slam the doors shut. >> pam: nearly three- hundred-thousand chargers from 20-11 to 20-14 may deploy side airbags due to the impact. fiat chrysler believes three people were injured because of the malfunction. >> pam: no crashes have been reported. >> pam: the automaker says the problem is rare.but owners should use caution until >> pam: parts of the country have been hit with stormy everything from high winds to flooding. >> pam: this was the scene in providence rhode island this morning. where lots of trees are down. catherine heenan is here with more on some of the hardest hit areas.catherine? psst >> catherine: one of the trouble spots -- new hampshire. where monday night winds at a circus in the town of lancaster. >> catherine: the fairgrounds was packed with people when howling miles an hour. people under the circus tent began to get up and leave -- but too late. >> catherine: the tent collapsed -- and we killed were a father and daughter. the fire marshall had an update today.

fiat chrysler is recalling more than 322,000 chargers. the problem s the side air bags can inflate if the doors are slammed too hard. the recall covers models from 2011 through 2014. owners will be notified to bring their cars in for repair. the company says it knows of three minor injuries because of the problem. >>> the funeral was held today for bobbi kristina brown and word is, it was very tense. the service was held near a church at atlanta. the 22-year-old daughter of whitney houston and bobby brown died last week. she was found face down six months ago. an initial autopsy found no obvious cause of death or significant injury. a long standing risk between the houston and brown family boiled over the service. the sister of bobby brown, angry that houston's former manager spoke at the funeral. >> and still to come, banking on pot, why state regulators want banks to start doing business with marijuana dealers. >> and that other high, the one over the four corners is starting to retreat. we look live towards san for the 5 million americ

in the past, fiat has expressed an interest in talking with suzuki.y have not made a comment yet. on top of this, we have further complications. suzuki may have to pay damages. overall, what looked like a very promising agreement is ended quite bitterly. manus: thank you for putting that in context for us. a 55 billion dollar media company you have never heard of hearing it comes from a single chinese investment. it is africa's largest companies. it is a competitor to netflix. we talked to the ceo. he said that the plans for africa is not a concern for moment. >> there has been a lot of volatility. there have been a lot of important considerations here. the volatility has occurred in the stock market. at the size of the stock market in china versus the overall economy, it's relatively small. it's 1/7 of how large stock market is in the united states. the volatility in the stock market is probably substantially overblown. what is happening in china is a transition from a much more investment led growth to a more consumer led growth. it is abelieve is c

reporter: in russia, such things aren't publicly discussed, but decided by fiat.he dispute over rights in the arctic has soured relations between the two countries. russia has missed few opportunities to provoke its much smaller neighbor. for example, russian deputy prime minister dmitry rogozin recently paid an unannounced visit to spitzbergen, defying a european union entry ban on him ordered in response to russia's annexation of crimea. >> everyone was got worked up about it -- both the governor here and the government in oslo. many viewed the visit as an attack on norway's sovereignty. and they fear that in the end we could lose control over the archipelago to russia. russia's new interest in the arctic is manifest here in the russian settlement of barentsburg, where many buildings were refurbished this summer. during the soviet era, it had about 1,500 inhabitants. now only around 500 people live here. the coal deposits are almost exhausted. how do people make a living here today? this tour guide says today barentsburg is primarily a site for tourism. but wh

he's trying to get through fiat what he couldn't get through congress. this will be challenged immediately. stuart: he wants to cut carbon emissions by a third, 30%, by 2030 and mandates that the power companies have to get 28% almost 1/3 of their juice that they generate from renewables. that's not going to happen. >> it's not going to happen. 20 to 30 states already poised to file suit, but you do get some credits if you start ramping up your solar and wind energy efforts and bank credits to offset the cost. >> they've been doing it for generation, less than 4% of juice comes from solar and wind. >> even if you believe that carbon is a problem, it's china and india, that are producing the dirty energy and the way that you fix that is of course to let these countries develop, the developed countries are the cleanest countries in the world. another irony, stuart electricity prices skyrocket it's the poorest in our society are going to suffer from it from the president says these are the people he cares the most about. stuart: i bet you there's a kick bac

general motors and fiat be chrysler saw 6% gains. ford's sales up 5%. that puts the industry on pace to pass 17 million sales for the year for the first time since 2001. as phil reports, pick-ups, suvs and crossovers were in high glanld thanks to moderate gas prices. >>> pardon the pun but the american consumer is riding high once again. suvs, crossovers, picks-ups, models where we sit up higher push the auto industry to one of its best monthly sales for the year. take gm trucks. up 51%. sales of the ford explorer climbed 27%. regime was up almost as much. >> we all want as big of a vehicle as we can afford for a specific lifestyle as well. if you're out in the rural area, you'll love that bigger explorer. that large tahoe. the big suv. the compact suv makes a lot of sense for us folks living in the city where maybe parking is at a premium. >> hope gas prices are a big reason why trucks and utility vehicles are in the demand. there's a wave of new models offering more space, features and more luxury. that's why people are paying close to a record high f

. ♪ ♪ ♪ and more capable fiat 500x crossover with available all-wheel drive.p. lease a 500x for only $209 a month for 36 months and get up to 34 mpg highway. >> jon: that's our show, everybody. remember, remember, tomorrow night, tomorrow night is the final episode. it's going to go long. so remember to set your thing and bring a snack cuz we're going to be here awhile. here it is, your moment of zen. >> the final tweet hitchbot said my love for humans will never fade. a thumbs up for people from the hitchhiking robot. >> rage against >> larry: tonightly, obama writes a letter to the "new york times" asking congress to restore the voting rights act. mean while, former president george w. bush wrote... a letter. (laughter) jeb bush says hillary clinton is responsible for the mess in iraq. george bush whispers to a guy standing next to him, "is my name hillary clinton?" and a courtroom sketch artist draws a weird picture of tom brady. in the artist's defense, drawing tom was hard because crayola doesn't have a color called "dirty rotten cheater." this is "the ni

ice breakers. and more capable fiat 500x crossover with available all-wheel drive.ked so sharp. lease a 500x for only $209 a month for 36 months and get up to 34 mpg highway. is giving your dog bad if unsbreath...rtar buildup try doggie dentures. now available in extra white! umm, you're kidding right? just give me dentastix. the dog treat that's clinically proven to reduce tartar buildup. right now at pizza hut, you can get any two medium pizzas for $6.99 each. get any toppings. any crust flavor. anything you want for just $6.99 each. and sweeten the deal with a hershey's triple chocolate brownie for just $5.99. only at pizza hut. i can offer you no interest sittifor 24 months.oday thanks to the tools and help at experian.com, i know i have an 812 fico score, so i definitely qualify. so what else can you give me? same day delivery. the ottoman? thank you. fico scores are used in 90% of credit decisions. so get your credit swagger on. go to experian.com, become a member of experian credit tracker, and take charge of your score. lily lily, may i call you lily? i don'

ford and fiat chrysler automobiles also turned in higher numbers. japanese makers saw gains. toyota sales edged up 0.6%. honda and nissan both logged increases of more than 7.5%. analysts believe sales for the year could top 17 million vehicles for the first time in 14 years, if the trend holds. >>> mitsubishi aircraft corporation has opened an engineering center in the u.s. city of seattle. the company is building the mitsubishi regional jet, or mrj. it's japan's first new passenger plane in half a century. the governor of washington state and industry people attended an opening ceremony. seattle is home to boeing one of the largest aircraft builders in the world. the mrj's maiden flight is scheduled for autumn this year in japan. mitsubishi is planning to hold expanded test flights in the united states. researchers at the center will analyze data and complete safety certification procedures. company officials want the mrj to be a major player in the growing market for regional jets. demand for 78 to 90-seater planes is expected to exceed 5,000 worldwide in the next 20 years

as a result, fiat, chrysler issued a recall of $1.4 million to fix the vulnerability -- the vehicle ratherhe vulnerability. the two men will work out of uber wase re-- uber's research and self-driving car. the facility is where uber develops security software. >>> transportation authorities have approved the first ever air paper drone. the power up 3.0 is a light weight flying device used with a smartphone. they gave approval for the owner to use it for photography and data collection. the decision won't allow all paper airplane drones to fly commercially. just this one. >> it is an interesting contraption. it is not quite as hot. >> it is a cool down. sandhya patel is here with the latest. >> not only a cool down, but perhaps a few drops tomorrow morning when you wake up to your saturday. you might notice slick streets. live doppler 7hd is showing the cloud cover. green up to the north and there is moisture in the clouds. we are waiting for the rain. and right now yellows are showing up along with greens off the northern california coast. light to moderate rain in that direction. that sam

this new worry over health care hacks comes just after fiat-chrysler issued a voluntary recall of 1.7 million vehicles to install software to prevent >> kill the engine. >> reporter: a vulnerability seen in this demonstration of this jeep. these two cases, showing how the rewards of technology also come with risks. and the fda says there was no specific hacking attempt that prompted this warning, but still says there's a very reel possibility, cecilia, this could happen. >> scary possibility, too. aditi, thank you. >>> and we turn to politics now. 17 republicans in the race for the white house, and tonight, another democrat maybe on the horizon. joe biden. while the vice president has not indicated whether he will run, an adviser tells our jon karl he is, quote, 90% in. biden has said that he would decide by the end of summer. >>> next to africa, and new questions about another famous lion. jericho, seen here on the left, is the brother of cecil, there on the right. cecil, of course, is the lion whose killing by an american dentist last month sparked international outrage. and tonight

fis for a to a thin happen and sandra feldman for the north gate mall and is being investigated as a fiat. >>jeff b: led to the rights of the video you conceive is provided by our partnership and its abc seven the san rafael 5 parma got here on the scene because the to alarm fire everyone came running the means and of the urban firefighting division of the tunnel to the fire officials earlier it is suspicious based on where the fire starter and the time of day definitely it was suspicious. >>jeff b: the fire officials said the park was threatened in the not suffer any fire damage they have not been caught yet that want to remain here on synthesis of all. grant l: this to the angeles national park for fire fighters have suffered minor injuries mostly from the air and no homes haven't threatened it is still going john tonight containment of to 71% the good progress today in with a 25,000 a. have been charged since the and on sunday 50 homes still on the mandatory evacuation. grant l: extreme heat this weekend, as the braves for long hot potential active shift meanwhile when know how the rac

julie: he has been trying to shop around fiat chrysler or find partnerships. erik: he believes they need consolidation among automakers but there -- that only the niche will survive. in the creditves card business. fidelity investments may replace american express as it credit card partner. it may drop bank of america. fidelity will try to find new partners. it is said to be in talks with visa and mastercard. another blow for amax after losing cosco and jetblue. >> they need to figure out a new strategy. it appears retailer after retailer, company after company, realized that customers want access. better access through visa. produces been known to so many phonies. designer purses, movies. now there is a fake chinese wall street right. goldman sachs leasing company right across the border from hong kong in mainland china. the company has the same chinese characters as the real goldman sachs. shenzhen financial leasing company. goldman has very little power in mainland china. not much the company can do to change this. apple runs into this all the time. julie:

in,jor hitter will step the man who saved fiat.archionne is being considered to be chairman as chief executive officer after the ceo retires. the ceo ofchionne is fiat and will stay around. you do an ipo.w robert pretty sick of jones day has seen every flavor of ipos. it is a small product, there's a balance. it helps to bring in a namebrand ceo. of course.k: one of the biggest issues, there is a lot of phenomenon going on but mergers and creations of ts, usually, they are very complicated, but the biggest issue is who is going to manage this? tom: who is going to run it day-to-day? mr. profusek: and is that guy going to have credibility. i want you to make clear the relationship, jones day has a relationship with one of america's most visible and troubled companies, american apparel. what is that? involvedsek: i'm not directly. i think they are just trying to stay alive. tom: how do retail workouts happen? there is clothing to be bought. what is different about a retail bankruptcy versus another bankruptcy? mr. profusek: one of th

vonnie: we have a big impact from fiat chrysler..8% adds to some of the other we sell this morning, including from nissan group. they had reported july sales of 7.8%. the estimate was 5.8%. stephanie: thank you. let's take a quick look at the top headlines of the hour. john kerry is on a fencemending swing through the middle east. he will stop today in qatar. he he restarted formal security talks after a gap of six years. now a new u.s. warplanes have been delivered and the u.s. is counting on egypt to help stabilize the region. secretary kerry: we have is in the can amount of increasing military to military cooperation. our f-16s have just arrived and the president has lifted a hold on other equipment and goods that are very essential in the fight against terrorism. stephanie: the last talks in cairo were in 2009. they were stopped because of the air of unrest and the ouster of mubarak two years later. the reopening of a five-week shutdown was not waiting for and the eu is saying quick economic prospects don't look right. -- greek

agreement in 2009, just two years later relations soured after suzuki agreed to buy diesel engines from fiatust was lost in both sides started accusing each other of breaching the agreement. finally after four ears of disputes they have agreed to sell their stake valued at $3.8 billion. i am satisfied with the outcome of the arbitration process. it is like removing a small bone that was stuck in my throat. i feel refreshed. i don't think you would remarry somebody who you divorced. >> you can see it is a little bit of an acrimonious split. even in ending the agreement they are still at odds. suzuki has said that volkswagen has to shell -- sell its shares back or so into a partner. volkswagen says the buyer of the stake has not decided yet. also, suzuki may have to pay damages. japanese arbiters said they had agreed -- breached the agreement. you can see that what was such a promising agreement has ended quite bitterly. jon: that is one of the movers we are watching this morning. for the other top stories let's head to caroline hyde. caroline: there is one particular stock that sums up what w

sell back their shares, volkswagen says the buyer is not decided yet, but we note in the past that fiatas expressed interest, but have not commented since we have heard about the end of this agreement. suzuki may have to pay damages. japanese arbitrators say they have reached the agreement. what seemed like such a promising agreement has ended bitterly. guy: thanks very much indeed. an update on what is happening in autoland. asian up on "countdown," stocks continue their biggest monthly the kind in over three years. let's look at the charts. could be a nice head and shoulders forming on the session. maybe that is where the close is coming up. we will show you that chart. that is the msci asia-pacific index. you can see the 8% decline in the month of august. more still to come. that is our twitter question of the day. "countdown" continues. ♪ . . guy: it is 6:30 in london. london closed today for trading, a market holiday. let me tell you about the stories that you need to know this morning. chinese stocks continuing to fall. the benchmark index down 14% for the month of august. the equ

the jeep renegade dealt on a fiat platform. testing that to make sure it has everything a jeep needs. i'm standing in 30-mile hour wind right now at minus 30 degrees fahrenheit temperature. that is a windchill of minus 60 degrees. here's what they do. they run vehicles through these tasks is the taken stand up to these conditions. it's pretty amazing. stuart: okay jeff, we get it. dead and not a bear, can we? i mixed it in something. we played chess in that thing in his god and isp in his ear so he can tell how we wanted to stay in here. we set another minute, another minute. he's got another minute to go. i'm going to rescue him. >> we are trying to replicate what it's like for an environmentalist to appear on the barney program. [laughter] all right. time is up. poor guy is frozen stiff letter late. "varney & company" tower two was coming out. the military doubling down on drums. our military men, bill callan is chewing on not. he says it is great for national security. second hour of "varney & company" is on its way. >> almo

fiat has increased sales for 64 months in a row. court is -- the streak is now in jeopardy because they calendar quirk that comes over the holiday weekend. last year, the weekend made up of -- the holiday weekend made up 20% of their sales. vw will sell its 20% stake in suzuki. mark: warren buffett is betting americans are still thirsty for gasoline. berkshire hathaway has made it most advocate energy investment years. berkshire has amassed a $4.5 billion stake in the largest oil refiner in the u.s., phillips the six. the s&p energy -- phillips 66. the s&p energy index is up. turned 85 buffett yesterday. chinese a new e-commerce site that is winning over investors. the hedge funds have boosted their ownership in the site by 18% in june versus 1.2% in the third quarter last year. meanwhile, they cut alibaba by more than one third in the same timeframe. toy have a similar business amazon and are predicted to grow at a rapid pace. joining us is gilbert, a tech analyst with web push securities. this is about growth projections as well a

administration is not infersing immigration laws in anyway, we have a president who is righting executive fiats in fact a congress who have been bought and paid for, by the way, members of both parties, spent on lobbies our congress by far largest aim of money on any issue, does that disturb anything in washington? elizabeth? you have number of remittance from u.s. to central america but no one pays attention to how much -- is spending to buy votes. >> yes, i mean that is why trump is resonating, i think because he does not talk like a politician, he is already a billionaire he can't be bought, people like that idea. lou: that makes him unpredictable. >> yes, with you i think that will is right, some of these are not practical, they would not actually happen if he does ever find his way to the white house. lou: liz said that trump might be a candidate who would not be able to accomplish everything he promised, giv. >> anyone who gets it makes promises they cannot deliver on, trump makes outlandish ones. >> they are bigger. >> i would say building that wall, getting mexico to pay for it, i am no

and likely to harm middle and lower class americans the most all done by executive fee the i can't fiat. >> the white house says 2013 levels. back with the panel. a.b., what about this? there is some question whether this is number one legal and number two can move forward. >> well, it will be subject to legal challenge. the president is confident after some legal challenges to obamacare that sometimes he is right. he obviously is the end of his term and everyone, he has made it perfectly clear he is feeling no pain. this is no surprise. it's been a central focus of the remainder of his presidency. and he is willing to take the criticism. morally defiant. the critic also come after are the same ones against every clean water and clean air regulation passed and that they are always wrong. and he is -- he couldn't care what kind of blow back comes from this. >> two politicians weighing in on twitter scott walker wisconsin governor tweeting obama's plan should be called the costly power plan it will cost hard working americans jobs and raise energy rates. hillary clinton tweeting out presi