but you sat down with executives from citi group, from gm. what was your take away? >> very interesting. i started this job thinking that discussions about pay would involve material gain, right? corporate executives do you really need another car in the garage? do you need a summer home in terms of economic uncertainty? do you have to send the kids to private school? that's not what became very emotional. what became very emotional is pay as a surrogate for self-worth. self-evaluation. mine fineberg why are you cutting my pay? my pay is a barometer of my success relative to my competition. and that gets very, very emotional because it's not a debate about how much money or compensation is enough. instead it becomes very, very personal. it mirrors what an individual feels he or she would accomplish and it's very emotional and you're getting into a discussion about how that individual judges his or her performance in the free market and that becomes extremely emotional when you try and use the heavy hand of government to intervene and regulate that amount of money. >>

. >> we're supposed to have a great soundbite from gm mike rizzo talking about bryce harper.ss we'll roll that. oh, wait. dave ross says hold on. >> wait for it. >> all right. they said something really great about bryce harper and i wanted everybody to hear it. >> this guy is performing admirably in the big leagues. we feel he's got a chance to really impact the ballclub. he's a special talent. so you have to throw ordinary developmental curves out the window and believe me, if bryce harper is performing hike he's performing now, there's no -- like he's performing now, there's no way in hell i can get davey johnson to get rid of him. >> got to love live tv, gm mike rizzo saying what a lot of nats fans wanted to hear. tonight harper and the nats tried to take back the park against the phillies. over 35,000 fans were on hand. it was about 70/30 nats fans, hard to tell because both teams wear red and white. phil skimmer, charlie manuel, not showing a -- phil skipper, charlie manuel, not showing a very good natitude. jesus flores with a diving shot to the left. that allows chad

you, but i did have to unfriend my mother, but on a more serious note more importantly we confirmed from gmnding facebook. they're pulling their advertising saying they don't know if it's effective and they don't know if it will hurt facebook's finances, but it's embarrassing in the week of ipo and just because people use your site doesn't maean they'll translate quarter to quarter. >> maggie lake, did you really unfriend your mother? >> she was answering the quizzes about me. got to unfriend you. poor maggie's mom. >> i'm not the only one, ashlei ashleigh. are you friends with your mother? >> i don't know she's -- thank you, maggie. good to see you. do you remember the controversy last fall when the mississippi governor back then haley barbour pardoned all of those convicts? the uproar is stirring since one of those men has been charged with another crime. it's not just a little crime. an attorney from the firm representing him actually advise the governor not to pardon him, but he still got it. how does it happen? we'll explain. all energy development comes with some risk, but proven tech

general motors says it will pull all of its ads from facebook. gm says they feel their ads are ineffective on facebook. the move comes on the same day a new cnbc poll shows 57% of facebook users say they never click on the ads. in the first quarter, facebook made $824 million from ad sales. the ipo looks to be a big hit. facebook is said to be thinking of offering more shares to the public. >> this is part of an amazing run from the tiny start up to global jiegiant. >> it wasn't that long ago that facebook was a way for college students to communicate with each other. now it has become much more. we look at facebook's time line with the assist from facebook's time line. it all started in a harvard dorm room. that is where mark zuckerberg and his roommates kicked off a tech revolution. social networking. now a part of most of our lives every day. >> really made everybody's friendships more public. you get to know other people's relationships as well as your own. it's pretty cool. >> from the first funding, courtesy of paypal co- funder and steady use

he shed 2,000 dealerships from gm alone, cost them hundreds of thousands of jobs to get them back. and now he is attacking the same type of system that he used at gm, and he is proud of gm. he is proud of what he did there. you guys want to campaign on that. >> wait a minute, sean. gm and chrysler are in business. gst steel is out of business. >> how about steel dynamics? can i just as i this point? hold on. >> sean, hang on, sean. >> in the automobile industry. >> what about -- >> profiting at the expense. >> okay, your own car czar said this is a bad analogy. >> right. >> it's interesting that you bring that up. steve rattner said that the attack was unfair. and right after that, he said mitt romney, though, should have never claimed that what he was doing in the private sector was creating jobs. that's where he put this issue on the table. >> can i ask this question? okay. just let me get this in. >> please. >> gs steel went down. it cost 50 jobs. mitt romney was already several years out of bain capital. we can debate that. he was running the winter olympics. here is the one. wh

we can learn more about the team from gm george mcfee and head coach dale hunter today. ake decisions already. >> think we will hear there them? >> we may hear from them. >> great season. hats off to them. >> hases off. >>> looks like things are getting better on connecticut avenue, chevy chase a tree came down blocking all lanes southbound connecticut near bradly boulevard that was just around 7:00 a.m. this morning. >>> as of now, crews have been able to move most of the branches off the road. at least one lane of the southbound lanes of connecticut avenue is getting by now. >>> you can see we have rain showers. >> yes. also slowing things down. >> rain with us today, this afternoon, for the evening rush hour. later tonight, tomorrow morning, tomorrow afternoon. >> rain. >> rain a couple days here and then we should clear things out towards the middle and end of the week. just hang in there, sunshine back in the forecast. nice weekend too. >> i would rather it that way than the other way. >> yeah. >> of course we need the rain. we have been mentioning all morning. >> th

gm says the move is unrelated to its decision and to pull its ads from facebook. in on manu's estimated 69 million peeled worldwide, especially in asia. go, team. >> that's right. see ma mody of cnbc. thank you. >>> a pizzeria that's been in business for 37 years is closing. the owner, ron new myer says the renltd has gone up every five years make it too expensive to keep the restaurant open. in an exclusive he says it's tough to close a location where his family grew up it's tough to contemplate. we've spent our whole adult lives here and grew up as teenagers and our kids have grown up here. so it's hard. >> the other four ar panhandle franchises in the area plan to stay open. >> heartbreaking indeed. hate to see it go. >> i've eaten a lot of pizza. >>> it is coming up on 6:51. before we go any further, tom has our live forecast. >> i'm having difficulty speaking because i'm gazing in breathless wonder. the potomac has turned into liquid gold. look at that gorgeous view. right now, 69 at reagan national. loyer humidity in place. a fresh northerly eerly breeze. th

gm, from an investment standpoint, is that treasury still owns about a third of the common stock.ury wants to get out of it. on the other hand, gh has upside coming because they have heavy product investment spending in the last couple of years and they are about to bear the fruit of that. ford is a little bit on the other end of that product investment cycle. but the good news is, fitch put them at an investment grade recently. when they get back to investment grade, which they can do in the coming months with s&p and moody's, that will be a big pop for the stock. >> and they've got to clear up concession issues. >> they do. >> and i'm sure they will in a timely fashion. we can only hope. paul, good to see you. thank you for joining us you today. maria? >> financials as well as on the nasdaq, green mountain, dragging this market down lower. down 58 points. are you ready for retirement? a new blackrock survey on how employees are preparing for the golden age. what mistakes you must avoid. first, courtney reagan following all of the under the radar movers. court? >> certainly under

gm takes from toyota bragging rights as the world's number one car company. , chrysler is thriving. and mitt romney is running for president again, or still running for president. yesterday, mitt romney stumped his way through the swing state of ohio, which happens to have a lot of auto jobs. they look their auto industry jobs in ohio, very well, thank you very much. and they are therefore very much interested in ohio, in mitt romney's super courageous stand against bailing out the industry that their state depends on. but for the guy who said that bailout would never work and it was a mistake and we should let detroit and the car companies go, it turns out that courage wasn't the relative concept here for understanding mitt romney. courage, no. chutzpah, yes. >> i pushed the idea of a managed bankruptcy, and finally when that was done and help was given, the companies got back on their feet. so i'll take a lot of credit for the fact that this industry's come back. >> "i'll take a lot of credit." of course, mitt romney would like to take a lot of credit. he's

and interesting that he gave his remarks a half mile from a gm plant in lansing, michigan. thanks to one of our twitter followers for that. because when he is not playing up with corporations, the governor is busy taking credit for certain government efforts like the bailout that saved the auto industry. >> i pushed the idea of the bankruptcy and finally when that was done and help was given, the company got back on their feet so i'll take a lot of credit for the fact that this industry has come back. >> what? the auto rescue was his idea now? i didn't get that. because back a couple years ago, mr. romney said to cnn, what was it? bailout of enterprises that are in trouble, that's not the right way to go. i know president bush started with the auto industry. i thought it was a mistake. well, we know that there is one company that continues to get free publicity for mitt romney every day. the makers of etch a sketch. let's bring in our panel now. and the author of the new book, showdown. here in new york, the contributor, correspondent for the nation and politico white house

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>> i think the ad dollars from gm were in the single digit millions. i don't think that gm is a big deal for facebook. and i think that gm may be back some day anyway. >> finally, rick, you meet with zuckerburg's lieutenants pretty regularly. if you could sum up what they have taught you about doing business in this era, what would it be? >> yeah, you're right. we are down in facebook's office on a weekly basis. something that i am continually impressed with is their openness to be able to work with some of their top app developers like branch out and zynga, spotify, pinterest and others. they're very open to how to use an ecosystem. they share ideas with the future of facebook with us. products that that may or may not release. and they're great about really understanding our user's needs and sharing information. that's been a great partnership that we're really glad to have on facebook. >> rick, aappreciate your time today. rick is the founder of branch out. we're just about 40 minutes away from beginning. julia joins me here over on menlo park. you'v

but gm pulling its ads from the social network saying they don't work. this is a new poll from associated press and cnbc reveals more than 80% of people say they rarely click on ads. this seems to me, geoff, like it strikes at the core of the facebook model. how could you valued that high if nobody is looking at the advertising? >> the timing is delicious. i don't think it will remove the momentum from those who want to participate in this ipo. and you can clearly see from the repricing and expanded size that people are very committed to facebook. but wake-up call, gm pulling $10 million off the table for advertising for facebook? i think you need to have a think-again about just how effective facebook is compared to google when you want to get out and speak to the market. back to you, willie. >> geoff cutmore, covering a lot of ground, thank you so much. >>> still ahead here on "way too early," meltdowns across the big leagues yesterday as home plate umpires goes noez to nose with millionaire managers. those dustups and a night in the nba and nhl playof

unfortunately i think that's what we're going to see from gm for the immediate future. >> europe is one issue. but some of the guidance for q2, q3 in the u.s. is also getting some attention this morning. >> reporter: right. it's supposed to be in line with the first quarter and a lot of people are saying, are we not going to see any more growth in the united states? and their market share is now at 17.4%. they're making more money per vehicle. but that market share being down that low has people saying it's going to trend lower for the rest of this year. >> i want to bring in bob lutz for his insight. bob, always good to have you. good morning. >> good to be here, thanks. >> are you more -- what's your bigger issue for the company? is it europe or is it -- >> i think this thing is europe is way overplayed. when you put europe in context with the rest of the world, it hardly matters. everybody's having a problem in europe. ford is losing money in europe. gm's losing money in europe. fiat is losing money in europe. it's just the general economy. now, gm is not kauai as well positioned in

we will hear from hunter and gm george mcphee plus the players and their reaction on hunter leaving later in sports. >> sad to see him go. >>> coming up an american university graduate gets her diploma as her boy friend gets down on one knee. i think she said yes. >> reporter: closing arguments in a 30-year-old murder case, i'm bruce leshan. could the wrong men have been in prison all this time? >> up next we may soon know whether john edwards will take the stand in his own defense of that campaign finance corruption trial. >>> the defense went to bat today in the john edwards finance campaign corruption trial and the focus shifted dramatically from his affair with rielle hunter to federal campaign finance law. the chief financial officer for edwards' president al campaign took the stand. she said edwards played no role with the campaign contributions and added that he did not attempt to influence her report. edwards could get 30 years if he's convicted in the case. >>> the chief accuser in the roger clemens perjury case took the stand today. brian mcnamee is clemens' former strength coac

from? why doesn't he compare gm to bain? >> you are seeing that narrative come out. you are starting to see it day after day. that was the whole point of what the last couple of ads have been about. and don't forget what we did for gm. it was mitt romney wanted them to go bankrupt. we actually saved its economy. >> if i were giving advice to the president i would be tempted to say, president obama i'm a better private equity guy than you are. myth i lead the gm bailout, match that buddy. how would he respond to that? >> that the president has not created one net job in his four years in office that will be the real hard banger for president obama. one of the things that president obama is really worried about is the situation in europe. right now he is preparing for the worst and trying to take a page out of karl rove's book and a page out of barbara boxer's book. they are trying to take the fight to them. >> one thing about the swift vote ad they were false. >> you are assuming people know these things. [ laughter ] >> penny you wanted to jump in. what are the numbe

remember the watching nap gm, cole hamill. here's one from a nightmare where mike rizzo came in and started breaking my fingers. it's a new day in washington. "morning joe" starts right now. >>> vice president joe biden appeared on "meet the press." he seemed to endorse same-sex marriage. take a look. >> the president said

we know gm just pulled its advertising from google or invested $10 million in google advertising. it wasn't the return that gm wanted. some people say that's because they didn't now how to use facebook. how do you make money off of facebook, there's a great a.p./cnbc poll from this week, 83% of facebook users say they hardly ever or never click on the ads which would seem to be a problem. 59% say they have little or no trust on facebook keeping their information private. >> the question is, they have all of this information about what you like, what you think about yourself and who you're connected to. so the question is, how do you use that information. there are a zillion different ways to apply that without you actually just pushing ads at people. the question is can they do that without violating the privacy concerns of users who have a tendency to revolt against things they feel is impacting their privacy and also the government. >> the question also becomes, how do you monetize that. it's almost like air. we need it. >> friend air. >> how much is it worth? no one knows that.

gm knows facebook is hours away from an ipo and this criticism is like saying something nasty about the bride on the way to the church. and they're setting the stage for friday. actual stage at facebook. constructing a steel monstrosity in the central courtyard to host a celebration friday. we expect to open the nasdaq marketplace. >> on the road to the olympic games in london in a month from now, the top gymnasts rolling into the south bias the olympic trials hit san jose. tickets go on sale this morning. bob redell live right now with olympic heavyweights giving us an up close and personal look at always entertaining trials. good stuff out there. >> reporter: good morning. yes the u.s. olympic gymnastic trials here in san jose at hp pavilion june 28th through july 1st, the first time they've had these in the south bay and a first in the long time, announcing the teams during the trial instead of waiting towards the camps. bela karolyi, coached gymnastics since the beginning of time, amanda borden, olympic gold finalist on the team in 1996 under the tutelage of coach karolyi. it is a b

i want to talk about executive compensation, you sat down with executives from a gm, what was your takeaway? >> i started this job thinking that discussions about pay would involve a material gain. corporate executives, the you need another car in the garage? you need a summer home in times of economic uncertainty? you need to send the kids to private school. that is not what became emotional. what became emotional is pay as a surrogate for self-worth. self evaluation, mr. feinberg, why are you cutting my pay? my pay is a barometer of success relative to competition. that gets emotional because it is not a debate about how much money or how much compensation is enough. instead, it becomes very personal. it mirrors what an individual feels he or she has accomplished and it becomes emotional because you are getting into a discussion about how that individual judges his or her performance in a free market. that becomes emotional when you try to use the heavy hand of government to intervene and regulates that a matter of money. thinking in try to move away from a high risk, immediate reward

. >> we know gm pulled and that was devastated and then gm pulled from the super bowl. we think gm really smart. they got out of facebook. i don't know anyone that doesn't think the super bowl is a terrific place to ad. pepsi loves to put ads in and have had a good run in the last few months. we know bud obviously uses the super bowl. i think that -- >> you think that may have been exclusive to gm. >> we need to have someone who says all that data i want to be on the mobile. it's big problem is mobile revolution. it's not desk top. on facebook you look at the ads. it is very hard to look at the ads. i know younger people are so smart at fast forwarding ads on tv and not clicking on ads. over and over and over again you hear from younger people. i will not pay for anything. >> you also hear them say i don't want television. i don't read a newspaper. they do consume media. somehow. right? >> they do. >> this is one way for the past few years they've done it. >> if the company is profitable, go back to what david said. it's not a joke. this is not a joke of a company. it wa

from all of that retirement talk to a promotion. eric decosta has been elevated to ravens general assistant manager, moving him up alongside gm ozzie with the team since their move from cleveland 16 years ago. his roles have included being a scout, scouting director and most recently, the personnel director. he is expected to be the next gm when ozzie newsome retires. storewe're counting down to the preakness saturday. orioles on a role. that's it from here. back to you for now. >> all good. >> all ,,,,,, [ boss ] okay, okay. let's...uh, skip the chitchat and get down to business here. now listen, i need all of you thinking of ways to improve our bottom line. so let's just sit here awhile and toss around some ideas. this isn't a conference call, hickle -- i'm actually in the room. [ male announcer ] with fares this low, why not surprise a few people? airtran is having a sale with flights all over the country starting at only $69 dollars. book at airtran.com before it's too late. because with $69 fares >>> don't miss the cbs prime time lineup at 10:00. it's the season finale of the mentalist. >> that's it for us tonight. back at 11:0

gm is pulling its $10 million ad campaign from facebook after deciding they aren't paying off. advertiser to express disappointment in facebook. meanwhile, ford announced it is revving up its ads on facebook. it took a jab at the rival tweeting it is all about the execution. our facebook ads are effective when strategically combined with engaging content and innovation. that's a dis. what does your gut tell you? do you agree with gm the ads on facebook don't work? do they affect you? do you buy into it? go to facebook.com/newsnation to cast your vote. take a look at what they're saying about yesterday's gut check. after the california kbof inner proposed cuts to help the $16 billion budget gap we asked if the cuts are necessary. 63% said yes. 37% said no. that does it for this addition of news nation. thanks for hanging with us. i am tamron hall. tomorrow i will be joined by judy chu to talk about the violence against women act with passionate words and martin ba shier is up next with the emotional white house ceremony that president obama will present the medal of honor to an a

class layoffs, let's go back to dwen, a new york times report that highlights a push from the obama administration on gmto close car dealerships, let go of worke workers, considering that, aren't all the attacks on romney's record at bain totally fair? >> oh, absolutely, especially because mitt romney has made the central premise, the central case for his candidacy, he has based on his private sector job experience, his lead role at bain, and so as a result, it's important for voters to be able to lift up the hood, and take a look around and more closely examine that record and what that record shows voters in this country is that mitt romney, bankrupted companies deliberately, fired thousands of people, left creditors holding the bag and made sure that he and his partners made hundreds of millions of dollars in profit. that is not how all venture capitalist also practice that profession. but it is how mitt practiced it and the only example we have of his job creation experience as a governor in massachusetts, his record showed massachusetts at the time was 47th out of 50 in job creation, no wonder he's

through private donations and corporate response poer ships from companies like gm and.com cast theymily of shane harris who was killed in 2006 for a project in guatemala. >> they built a house for a homeless family in five days. and the only thing that shows that it was for shane harris is this tiny little plaque above the door and it says in memory of shane harris. >> reporter: in 2010 the manions faced ot traged another tragedy. when travis' best friend was killed in afghanistan. the two families decided to bury their boys next to each other. >> they are side-by-side just like they were at the academy. >> reporter: last memorial day president obama visited their graves and talked about their devotion to duty. >> brotherhood, sacrifice, love of country. >> reporter: but the story doesn't end there. last september janet was diagnosed with stage iv lung cancer. she fought for four months to run the foundation before she finally succumbed in april just days before the 5th anniversary of travis' death. in her will there was one special directive. >> that the travis manion foundation co

gm this week. >> that wod be a hug change from the roughlhly last 20 years. >> josh boak think you could joiningour number o of the week, 30, could make this memorial day weekend very memorable for car dealers. kelly blue book is forecasting an increase of 30% this year. two additional sales days in may as well as moree inventory to sell. we hope you hahave a great memorial day weekend and thank yofor joing us.

the outgoing president bush was about a month away from invest billions in chrysler and gm in consultationncoming president. and mitt romney, the son of michigan and the auto industry was having none of it. let detroit go bankrupt, he said, and don't get the lovett "seal their fate with a bailout check." at that time, that seemed like sort of a courageous political stance. wow, mitt romney is so anti-bailout, he is willing to kill the whole american auto industry. that takes a certain kind of courage, right? because if that bailout works. if it it happens and it works, it will be really hard to run for anything ever again once you become the don't bail them out guy. >> there's no question, but if you just write a check that you're going to see these companies go out of business, ultimately. >> bailouts of enterprises that are in trouble, that's not the right way to go. and i know president bush started it with the auto industry. i thought it was a mistake. >> my views with regards to the bailout that whether it was by president bush or by president obama, it was the wrong way to go. his wa

gm knows facebook is now hours away from an ipo. punch in the jaw.r we get all worked up about the facebook ipo. but advertising is major issue. as more people access facebook from iphones and ipads where facebook is not yet advertising. they have not solved it. >> interesting. advertising, money maker. thank you very much. >>> tom selleck opening that bell. glow out there. let's check in with meteorologist christina loren. dig a tom selleck. >> dig a mustache on tom selleck like smoke write and the ban did. 50 for now. 7 0 at noon inland. giants are back at it tonight. taking on the cardinals. first game of the series. temperaturewise, cool. 57 degrees. we will check your drive with mike. >> better news. better news for livermore. sand cleared. that

chrysler added 3,000 jobs to keep up with the demand and gm added 4300 jobs across four states. >>> frommakers is asking airlines to change the policies. new york senator schumer is asking airlines to stop charging families sitting together on flights. his office says in the past year, airlines have startedcharging extra for the seats as high as 59 dollars per flight. schumer says children shouldn't be separated from their parents and put next to strangers. this is getting a lot of attention online. aaron says i will pay for that seat for my child. i will not pay extra to ensure i sit next to her that's something i should be able to do regardless. this is why airlines are losing money. weigh in on facebook and let us know what you think. >>> a massacre over the weekend left dozens dead in syria. >> what's happening overnight and who is blamed for the attacks. >> and a group of has new friends tagging along. how far this guy went and how this got started. that is coming up. >> i am casey. and i am with southern district of. [audio not understandable] and memorial day meals means to apprec

questions about big advertisers and whether or not there's going to be more companies like gm pulling advertising from facebook. if they can just build their brand without having to pay facebook. still a lot of questions but there is so much promise around social media and what it means for the web that we'll probably see the stock go very, very high. >> as evelyn brings up about the promise of the social media websites, certain companies that would be considered to be within the same zip code as facebook, that have gone public recently, like pandora, zynga, how does facebook stand apart from them or does it? >> is it-t stands way apart from them because it's so huge. this is a company -- this is a service that's got 901 million users, active users at last count. we just haven't seen anything like that. you know, i was thinking back on when is the last time we saw an ipo that had this much hype, this much interest. thought back to google, when google went public, a lot of people knew what it was but they didn't understand the juggernaut it was going to be. at this point facebook is already the biggest

that's despite the closure of auto plants from the likes of gm.ck to the say ttate? >> we talk to businesses all the time. i've probably visited 750 since i became governor. and what we do is we ask them how can we facilitate your success. and just within the last few months, amazon broke ground on a distribution facility, a million square feet, more than 1,000 employees. we just broke ground two weeks ago, a company called bloom energy, they make fuel cells for the likes of walmart and google and fedex and apple. their first factory outside of california will be built in delaware. jpmorgan xl pchlt mop morgan xc jobs. and focused on smaller and mid-sized businesses, as well. we have to put ourselves in hair shoes and these days it's so much about talents. >> and the fiscal cliff in the u.s. is a big concern on investors mind. you're a democrat. i assume would like to see president obama reelected. what measures would you support to avoid that cliff or do you think it's time to let the bush tax cuts sunset? >> i think there's a pretty good model o

for the latest installment of that story, thank you, david faber. >>> gm is pulling their ads from facebook alone with the lackluster results. other companies say that the ad model does not make them enough money. but ford is sticking by the marketing and it is ramping up the ad buys there. jim farly is with us and todd hazelton. jim, let me start with you. why do you feel that facebook ads are working for you when gm femt that they didn't? >> well, ford we launched the explorer on facebook and no doubt about it it works for us. but you have to do it differently. facebook is new media. it's not like a super bowl spot and you have to execute the advertising differently. but when you do, it works great. >> do you feel, therefore, that gm was just doing it wrong? >> yeah, they are. and i think jim is right on point at thinking about it differently. facebook you have to build your brands slowly over time. getting a 13-year-old to like your brand, he's 17 and he's asking dad, i want a ford. especially with my generation, as we gravitate away from tv and those ad spots, i can control what ads i w

general motors is pulling its ads from the social media giant because they say they are ineffective. gmnvested $10 million a year on the site. the board reuped his relationship with the network. >> foodies will have a new source for their addiction. shaun yancy has your fox 5 top 5. >> watch youtube. number five, a food network and cooking channel vet is launching a youtube cooking channel called hungry. you'll find plenty of house food videos. it's part of youtube videos to launch programming. >> number four, the next iphone may have a bigger screen. the wall street journal reports apple suppliers will make a screen a half inch larger. no comment from apple. the iphone has one of the smaller smart phone screens on the market. >>> number three, want to live longer? go to college. a recent study shows education is linked to better health habits and a longer life. people with a bachelor's degree live nine years longer. >>> number two, sketchers will pay virginia $115,000 over false ads about shoes. the ads claim some shoes would help people lose weight, strengthen muscles. also paying out

i think the most striking things -- thing for the most recent earnings report from the automakers, whether it's ford, gmeakness in europe is stark and it doesn't look to be turning around any time soon. >> right. if that's the reason to jump in on gm right now, that's the wrong reason. if you look at where it ipoed, where it's trading and some of the growth they've been able to put outside europe, it becomes a compelling story. you can understand why to your point it was warren buffett putting his toe in the water. >> one other thing, the japanese are back full force now. they weren't when the company ipoed. much more competitive now. >> all right. coming up, some final trades from the halftime team. on december 21st polar shifts will reverse the earth's gravitational pull and hurtle us all into space. which would render retirement planning unnecessary. but say the sun rises on december 22nd, and you still need to retire. td ameritrade's investment consultants can help you build a plan that fits your life. we'll even throw in up to $600 when you open a new account or roll over an old 401(k). so who's in

gm. despite making a profit, its earnings were down 69% from a year ago. >>> and pepsi is teaming up withstate of michael jackson. the soft drink maker will use jackson's likeness in a new global marketing campaign, which includes special edition cans. the promotion is time to coincide with the 25th anniversary of jackson's hit album "bad." and i remember when that came out. i had it. >> well, i remember the commercial, the pepsi commercial. it was great. >> it was, it was. >> ashley morrison here in new york, thank you. >>> straight ahead, your friday morning weather. and in sports, yankee great mariano rivera's career may have ended. not with another save, but in a mishap before last night's game. >> announcer: "moneywatch" spon sponsored by vagisil. oooh, what's her secret? [ male announcer ] dawn hand renewal with olay beauty. improves the look and feel of hands in just five uses. [ sponge ] soft, smooth... fabulous! [ male announcer ] dawn does more... [ sponge ] so it's not a chore. i'm going to lunch. [ all gasp ] those days are gone now. think... about what you are doing. ♪ i'm go

gm simply says it is not getting results it expects from facebook ads. >> i think they are keeping their page to like them. >>> we are debating whether you call it pop or not. depends where you live. city council approve ad ballot measure that would impose a fee on businesses to sell sugary drinks. businesses would have to pay one dent per ounce or 12 cents for every can or nearly $3 for each case. the measure is aimed at reducing the con uppings of sugar-sweetened drinks and generating additional revenue. the measure will be on the november ballot. if approved it will take effect in january of 2013. >>> looking to clean up foreclosed homes in its neighborhoods and asking big banks to help foot that bill. city expanded its program tuesday. banks are now required to register homes in the program's database. the moment a default notice is sent. they must also pay hundreds of dollars in registration fees and maintain the home. it argues they don't legally own the property then they should not be held responsible. >>> it is 4:39 now. let's check back in with christina loren. looks like it ma