. >> jeff hobbs, when did you first meet rob koreans? >> first aid freshman year at college. we randomly assigned to live in the same room. he was there when i arrived. he was a quiet, black man. he said what he said. it was a frantic day. his mother was there and slowly, very slowly our friendship developed. >> wordage out of college? >> we went to yale. rob and i thought at first over the irony i suppose that i was a white guy from the country or ran sprints for the track team and he was a black guy from the third who played water polo. he was the captain of the team. it was remarkable to watch and play initiation for that team found him wearing a toga in the dining hall he gave it his all. >> how did your friendship evolve? >> again, slowly and through, you know, just through proximity. but in the same place we talked about girls. we talked about school. he was a giants fan. i was an eagles fan. we talked a lot about that. you know, you're laughing, gathering with people. but you know, you really become friends once you start observing someone at their weaker moments on bo

. >> jeff hobbs, what did rob peace's family think about you writing this book? >> i was very nurse approaching them about it. his father was already passed away. his mother had just endured a loss. you know, i called her on the phone. she is a quiet, thoughtful lady. she knew me from college. i explained my intention. jackie's fun consolation since rob's death was she says i believe my son influenced a lot of people. and i told her that maybe he still might be able to. not obviously an upper-middle-class white man, in an impoverished neighborhood that is 90% african-american. there is a huge discomfort there. i am telling these people's stories. i struggled with that. i will strive that in almost all cases, drug dealers, perhaps family, the students he todd, teachers who coached him, teammates from the water polo team, just people around town who she hung out with in bars. our mutual affection for rob was where we began our conversations really broke down those walls very quick we. and i thought, that is a testament to rob's influence. >> you can read the full s

jennifer hobbs and children got the keys to this hyundai before the start of a golf tournament to benefities the fire captain died in february, while responding to a car accident on i five. since then, hobbs says her oldest daughter is studying to be a flight nurse >> it's a struggle. >> finding a vehicle for my daughter means a lot. >> car west auto body and mercury insurance donated the car and a year of insurance. >> a group of high school students showed off this restored 1967 bmw as part of the twitter for good event. these students come from kansas city, missouri. a pair of students with science and engineering projects. students say not only is it unique, so is the program. >> doing extraordinary things. it's about education but about technology, about the environment. >> the car can travel 60 miles at 60 miles per hour on one charge. >> and looks good doing it, >> in case you haven't noticed, it's right. >> hi, sandhya. >> the weekend is looking fantastic. we have something for everyone our summer micro climates. towards the bay we'll see a pattern again, one more night. the fog g

history, but it's one that needs to be told, specifically through soldier stories like lieutenant hobbs. some of our best collections of weapons are these insurgent weapons from the internettish-american war and the philippine insurrection. as we move on, the army doesn't just stop in inner war years. we did send a contingent of soldiers to the china relief expedition more popularly known as the boxer rebellion. along with the british, austrians, russians, germans. and in that time we helped to secure peking, which would later be called beijing. it was one of the first examples of the american army fighting alongside other nations, and really became the first real international operation marked by american cooperation with other countries. one interesting piece we have in our collection here at the army heritage and education center and is access it via several of the q.r. codes we have in the exhibit, in this case is calvin titus. titus won a medal of honor for daring and galant conduct, he was one of the first soldiers to scale the walls of peking during the boxer rebellion. this q.r.

for that we turn as always to simon hobbs. >> hey, kayla. on n. what you see not this side of the atlantic there's a deep red in europe. the fourth day or fourth session in negative territory. the market seems to be increasingly concerned about what is happening in iraq. you'll be aware that the prime minister of iraq has effectively said no to a unity government today, as u.s. monitors arrive and there's the possibility of course of air strikes in iraq. i mean, it's profit taking. of course on a rally that's taken us up so strongly. the banks are very active today. actually in both directions. a lot of the oil majors are in negative territory. the oil engineers are in negative territory. as far as the banks are concerned, the second largest in portugal today launched a heavily discounted $3.3 billion rights issue. the stock actually higher on, that up 14% as you can see. and france has been -- the french government has been freeing up cash to buy that s k stake in alston. they did the deal with suez. at the bottom end of what people are bpexpecti

hobbs has some details. >> $103 a share. why would you pay almost $1 billion in the market, it was valuing open table for, and today we had a conference call with analysts from darren huston, the ceo of priceline where he explained that it's about taking open table outside the united states, germany, the u.k. and so on to the 200 territories in which they already operate. helping price -- helping opentable deal with the currency and the language problems, integrating wit the existing platforms that they have like kayak, like booking.com, this is how he put it to the analysts. >> it's important to understand that it's the same customers. i mean, travelers are diners. in fact, some of the most valuable diners because they're transient diners. and we believe that there's opportunity to cross promote the open table and the rest of the group's brand to the same customer. >> the reason why opentable has been able to do this deal, the advance in the technology. on the one hand, it's going to a cloud-based system. and priceline like

i did not say that hobbes and machiavelli were correct.i simply stated that is one of the premises of modern thought and the american founders disagreed with that, disagreed with the notion that mankind is naturally at war. the point is that mankind is neither at war nor at peace inherently and that such peace as exists in such wars as exists are the products of specific decisions and specific orientations. it is true that some kinds of governments tend to be more warlike than others and that doesn't necessarily mean that dictatorships are inherently more violent than democracies. that simply is not true and it has never been through. as far as women are concerned, there is a reason why the greek churchillian's made the furies female rather than mail. as far as ukraine is concerned the reasons for the enmity that the russians and ukrainians do have something to do with the fact that the russians killed ukrainians by the tens of millions and there isn't a household in ukraine that doesn't have memories, literal memories of the russians. >>

[laughter] all bull calves and hobbes are castrated. females are not castrated. explain that. and business as usual in the farm country. jennifer morgenthau says grow up. you are a stupid city boy in with an attitude. by the way, show me once, so they are. she did win. and voters all across the midwest are look at him laughing at you in your family, caboodle. it is an ancient method used for racing meet. and terry says, hobbes are so aggressive that they have to be castrated to make me better. and the same thing is done to bulls. all is not well in the animal kingdom come i am quickly surmising it. and he says you stupid city slicker is, why don't you find out why they castrate hogs before you judge. and the folks in iowa routinely understand it and that is where the lady was running for office. so stephen louisiana, it is no more somatic than neutering your dog what your cat. so you haven't even gotten into a habit of it. sue in miami, animals are neutered to control freedom. your cattle sounds like the kind of folks who think that the me that they by jump into

simon hobbs will have a live and exclusive interview with the ceo.nother look at futures, a lot more "squawk on the street" coming to you live when we come back after this. >>> questions this morning about an insider trading inquiry involving phil mickelson, william walters and activist investor carl icahn. scott wapner has a closer look at mickelson, icahn and the whole situation. >> already reports that the investigation we're talking about, which has shocked wall street and the sports world, has potentially hit a snag. the "wall street journal" saying the investigation going public may have hurt the government'serts to build their case. for his part, carl icahn has denied any wrongdoing, telling me exclusively over the weekend he knows of no fbi investigation, hasn't received a subpoena and has never given inside information to anyone. he also said that, while he's heard of phil mickelson, the two have never met or spoken. icahn telling me he's proud of his 50-year career and unblemished record and that's why this news is so stunning. people have

it is also the hometown of lucas' wife, melanie hobb son. rahm emanuel was thrilled. >> this is a significant day for the city and a significant investment by george and melanie next to the other ma seems. >> his first choice was chris see field, but the presidio land trust turned him down cold. lucas was told to look elsewhere. the city scrambled for a plan b and offered up this site near piers 30 and 32 where the warriors abandoned to build an arena. there were letters of support and this sign begging lucas to stay. the mayor acknowledged a rare opportunity was missed "i am disappointed san francisco will not benefit from this renouned art collection. it would have been enjoyed by our families and children for generations to come." tourists were stunned when we broke the news. >> you have to bring the george lucas stuff to chicago. not to chicago, bring it to san francisco. >> businesses were banking on lucas. >> it would have been great for us, perfect for us, more business. >> san francisco seemed like the perfect fit for the film maker.

ronald wilson reagan could chug an entire bottle of hobb their row, and two hours later he'd be whistlinghe star spangle banner out of his flaming bumhole. long may it wave. and we were so close to having a true commander-in-beef. just look at this 2012 photo of mitt romney ordering at a chipotle. that's how you order high -- hygienically, folks, polite distance, hands in pockets, wearing a condom, one imagines. i only bring this up because i believe in the american dream. when my great, great grandfather braved the atlantic crossing, he came here with the hope his new country would never be ruined by a bunch of filthy immigrants. sadly once again america is awash in unwashed masses. this time they're pouring across the long, skinny ocean to our south, the rio grand. >> in the southwest, a deepening crisis tonight involving thousands of children from central america who have been crossing into this country alone. >> many were hoping to meet up with parents after fleeing violence, poverty and gangs. >> packed into holding cells, sleeping on the floor with these thermal blankets, there's no

guys, back to you. >> simon hobbs. show called "rumors and speculation." >> yes. >> just to -- but we will see what happens to sabmiller. >>> any way, sony announcing a new online video platform, play station tv. but is it good enough to take on apple? we ask the man in charge of play station, ceo, sean leighton. >>> is this the next republican nominee for president? senator rand paul on his plans for 2016. this is "squawk alley." with all the opinions about stocks out there, how do you know which ones to follow? the equity summary score consolidates the ratings of up to 10 independent research providers into a single score that's weighted based on how accurate they've been in the past. i'm howard spielberg of fidelity investments. the equity summary score is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. are the largest targets in the world, for every hacker, crook and nuisance in the world. but systems policed by hp's cyber security team are cons

it is also the hometown of lucas' wife, melanie hobb son. rahm emanuel was thrilled. >> this is a significant day for the city and a significant investment by george and melanie next to the other ma seems. >> his first choice was chris see field, but the presidio land trust turned him down cold. lucas was told to look elsewhere. the city scrambled for a plan b and offered up this site near piers 30 and 32 where the warriors abandoned to build an arena. there were letters of support and this sign begging lucas to stay. the mayor acknowledged a rare opportunity was missed "i am disappointed san francisco will not benefit from this renouned art collection. it would have been enjoyed by our families and children for generations to come." tourists were stunned when we broke the news. >> you have to bring the george lucas stuff to chicago. not to chicago, bring it to san francisco. >> businesses were banking on lucas. >> it would have been great for us, perfect for us, more business. >> san francisco seemed like the perfect fit for the film maker.

it is also the hometown of lucas' wife, melanie hobb son. rahm emanuel was thrilled. >> this is a significant day for the city and a significant investment by george and melanie next to the other ma seems. >> his first choice was chris see field, but the presidio land trust turned him down cold. lucas was told to look elsewhere. the city scrambled for a plan b and offered up this site near piers 30 and 32 where the warriors abandoned to build an arena. there were letters of support and this sign begging lucas to stay. the mayor acknowledged a rare opportunity was missed "i am disappointed san francisco will not benefit from this renouned art collection. it would have been enjoyed by our families and children for generations to come." tourists were stunned when we broke the news. >> you have to bring the george lucas stuff to chicago. not to chicago, bring it to san francisco. >> businesses were banking on lucas. >> it would have been great for us, perfect for more business. >> san francisco seemed like the perfect fit for the film maker. ins

modern political thought beginning with machiavelli and hobbs imagined nothing but a natural state of conflict and did not see any goodness in the pursuit of anything other than primacy. .. involve certainly a crude fat of human freedom and human freedom of course implies the fact that some humans will be rapacious towards others and of course makes it necessary for people to defend themselves violently more often than not. but what it does to us again to highlight christian thought does is to focus on the natural purpose. the american revolution was in fact a revolution against both the absolute power evidence and against the ireland priorities of most governments. this really must be very clearly understood that the american revolution of establishing work hand-in-hand with the revolutionaries privacy with the privacy of peace in the american revolutionaries thought. some arguments have been made by some conservatives that american-statesman covered the american-statesman of the founding era were concerned with peace because they were not strong enough to prevail a war that had they

. >>> jennifer hobbs said that hyundai so thought toe was given to her. it came at the right time.ied while responding. it came in pleasanton before a golf tournament benefiting police and fire, the fallen heroes. her husband was a captain at the fire department. >> it's amazing. i see him every day in her. he would do anything. he would do anything for anybody. a wonderful, wonderful person. always happy, always had a smile on his face. so he's our hero. >> fallen heros chose jennifer and her family after learning about mark's dedication to service. >>> a group of high school students have combined new technology with a classic car t in san francisco yesterday they showed off this restored 1957 v. w. as part of an contest. the students say not only is their car unique, so is the program. >> the fact that it is a fully electric car that there is not anything else like around it in the world and high school students are doing? stuff. >> they are doing about extraordinary things. it's about education and getting engaged but it's also about technology and the environment. >> this car

really tired of looking at this hobb honest. -- >> we think it is tame if named after a dame. female named hurricanes are deadlier because people don't respect them. they don't take the same precautions. 6ism can kill --sexism can kill or can it. a model suggests changing a severe hurricane name's from charlie to eloise could triple the death toll. they conducted experiments to sties the high pot -- to test the hypothesis. the female named hurricane people were not as willing to seek shelter. this is after hearing a hurricane will strike. >> ♪ look at me now ♪ look at me now ♪ i'm getting paper. ♪ ?o. >> you don't want to react like that. that's stupid. >> this may be the most incredibly mind blowing study i have ever heard. i happy to think it might be true. what do you think? >> it might be true. do you remember the congresswoman and she thought there wasn't enough hurricanes with black sounding names. if you will apply awful these things are to what the name is, are you racist. but you stay if hurricane dustin blows through. >> just dust in the wind. >> think them and not s

. >> simon hobbs has a look at the next hour. >> good morning.st we have former white house national security adviser sandy berger. clearly the situation in iraq is a concern for people. we'll talk high frequency trading. is it fair? what should you do about it? bart chill ton of the ftc will join us. and former michigan republican gov nofrernor john engler about cantor's defeat. that and more in the second hour. 24/7 i'm sorry- i'm just really reluctant to try new things. really? what's wrong with trying new things? you feel that in your muscles? yeah...i do... drink water. it's a long story. well, not having branches lets us give you great rates and service. i'd like that. experience a new way to bank where no branches = great rates. ally bank. your money needs an ally. dad: he's our broker. he helps? look after all our money. kid: do you pay him? dad: of course. kid: how much? dad: i don't know exactly. kid: what if you're not happy? does he have to pay you back? dad: nope. kid: why not? dad: it doesn't work that way. kid: why not? vo: are you

. >> historian and author richard hobbs writes about the tacoma narrows bridge in his book, "catastrophe to triumph." >> people would come out on a windy day when there was extra bounce in the bridge and walk across. the motion could be fairly dramatic. >> but some find that wave-like motion harrowing. >> as you drove across the bridge you could look ahead and the car in front of you maybe 100 yards would absolutely disappear as you went down the bottom. it was unnerving to a lot of drivers. many who crossed the bridge swore it would be the last time. >>> and on that windy autumn day in 1940, it is the last time anyone crosses that bridge. >> about 10:00 the bridge began to move in ways it had not moved before. the undulations became higher and the ripples across the bridge were verging on dangerous. >> at 10:15 a.m. one of the bands holding the suspension cable breaks, causing the bridge to move not only up and down, but back and forth. >> once that started the bridge increasingly began to twist. there was a car that had been trapped out on the bridge. a car driven by leonard postworth,

prosecutors say dna evidence does link him to the 2005 killing of these two little girls, 8-year-old laura hobbsand 9-year-old crystal tobias. the suspect in the killings is 25-year-old jorge torres. torres has been sentenced to death in virginia for the 2009 murder of a fellow service member in the navy. so will he ever be facing justice in the case of the two little girls in illinois? dan shore is a former president, rebecca is a trial attorney. why wouldn't you bring someone to trial? everyone's got to get justice. >> they should, and they probably will, but the defense attorney's saying what are you going to do in punishment beyond death? however, it's really important to bring him for this new case. first of all, you have the family of the victims. the victims themselves have a memory that's going to live on. their murder's been unsolved, or at least we think we have the killer, but he hasn't been tried and convicted. also just because he's been convicted and sentenced to death, we don't know what's going to happen with the appeals this that case. sentences are changed, so he should face ch

. >> and hobbs, who i assume will wear google glass one day is going to wrap it all up. >> and take aat europe at the moment. marginal red around the place. uk prices are up, but the big news, the euro zone inflation for may dropped to 0.5%. ecb acting on interest rates, only small moves, to take the deposit into negative on thursday. and yesterday, the german print on inflation at 0.6%. the problem, as you can see, the former ecb economist puts it in the magazine today. certainlily the interest rates are all tapped out. it's been exhausted as he says. look at the german yield. a full 114 basises points bhoe the treasuries of the moment. so presumably, liquidity measures on thursday as well. it's very doubtful there will be full qe as you discussed on the program. i wanted to mention this, the french foreign minister, upping the ante to fine b and p $10 billion for allowing transactions with syria and the like. he suggested it's unacceptable and impact free trade talks between the use and europe. and spain is reeling from the news yesterday that the king of spain, carlos, is abdicatin

simon hobbs is out there, hobnobbing -- excuse the pun.simon. >> indeed within the last few minutes we've had the first major business address to an audience of this size by the new new york city mayor bill de blasio. it was a fascinating experience. on the one hand he defend the the city's decision not to bid for the olympics in the future, saying if it ain't broke, don't fix it. we like where we are as a city, we don't need it, and then telling the assembles ceos, they should be expending the reach of tourism within new york to a five bore rouse solutions which includes queens, the bronx and statenite, not just manhattan. joining me is jonathan, the host of this conference, it bears his father's name and a hotel owner in his own right. you brought super bowl here. should de blasio have brought the olympics sheer? >> there's a difference between super bowl and the olympics. i was involved in the last effort to get the olympics. the olympics, a lot of what the olympics would have brought to the new york city, we've done now. we've improved

the next search, calvin & hobbs. what are people looking at that for? for it. it turns out he came out of a very reclusive state to partner with stefan pastus, who is the cartoonist of "pearls before swine" and they collaborated around a series of comic strips that have to do with his characters. they're really funny. >> a little racy. >> especially by calvin & hobbs standards. he drew this character named libby, a second grader. she kind of takes over the comic strip. there's kind of referencing the cartoonist himself, and libby, the 2nd grader is a better artist than he is. but fans excited to hear about it. it was a big deal because bill waterston hasn't really done anything since he retired. >> comic book fan girls and fan boys went nuts over this. >> i read all the books. i'm sure a lot of fans were thinking ah, great. something. >> and now i'm going to do the reminder for those who may have forgotten, the search for father's day, also a big search. june 15th. don't worry. we'll take care of you. >> it's possible people were searching just to remin

. >> let's bring in simon hobbs to walk us through the european close in a minute. >> we are low acrossets. 18 countries of the euro zone grew 18.2% in the first quarter. there is survey data today that indicates the recovery is on rack in europe at a low level. center for everybody is the european central bank decision tomorrow at 8:30 our time. it's interesting that within the data we got today, ceos cut prices for a 26th month in a row. it's the deflation threat that the european central bank will focus on more than anything else. if you look at where we traded so far, actually you can see the way there is a wait and see mode, flattening out across europe, even in germany. close to a record high as everybody waits for what the european central bank will do. the obvious thing to say when it's telegraphed so well, everybody will be disappointed it's priced in. that's obvious. the question is the rhetoric you get tomorrow about future meetings and probably whether you get a big liquidity injection which may not be factored in. the corporate level vw sold stock in order to fund the purch

. >> jimmy: and i was a little disturbed by one thing to be hobbs with you.n holds the baby seems like wrong to me. >> holds her? >> jimmy: yeah, he holds like her face -- >> he was burping her. >> jimmy: he had her in a weird chokehold. >> death lock. >> jimmy: how steven seagal holds his kids. yeah, like over the face. there was a weird -- >> the new method. >> jimmy: i don't like the new method. my kids are too old to burp. >> put your hand under the armpits. rest your finger. looks like she is choking. but she's not, i promise. >> jimmy: that is the new thing. always a new thing. >> you get really good burps out of the kids. really good ones. >> jimmy: it's satisfying. >> yeah, very satisfying. we actually go yeah! when we get a good one. clearly a win. >> jimmy: a whoopi cushion or something. i don't know the new stuff. you know, of course, i am having a baby. >> i know. all kinds of new kit. >> jimmy: can you still feed them meatballs? >> you can, yeah. you don't need to mash them up. you can put a few in their mouth at the same time. >> jimmy: are car

it turns out that it may be more than just hobbs, water, yeast and barley.cer liquid and fish swim ladder. what is fish swim bladder? a new petition is making the rounds. back with me now is veronica dagger, and jared leiby. what is a fish swim bladder? you do? who knows? >> there's a story behind this and guinness beer uses this. it's called ivan glass is the technical name and its collagen, like what you'd find in jell-o. they use it to gather up the yeast at the bottom of the can treat pretty nasty. the other thing that is kind of funny as this airplane deicer. by the way, it's in eyedrops also. melissa: really? you feel good about having that in your beer? bronner, does this make you want to pop the on a frosty one? >> oh yeah, big time. melissa: i drink a lot of beer, you can tell right away. >> no, i don't know what is going on, but i think people will drink their beer no matter what they find out what is in it. melissa: they don't care within it? i'm very into the box wine. beer does not do it for me. the treasury department, not the fda is the one th

>> hi, simon hobbs. we're down a couple basis points. we auctioned 39 billion of them off. that's why the auction being over we're seeing rates go up, should we settle anywhere with a yield under 165, it would be a new 2 1/2 week low closing yield, and the last chart, dollar index, notice the low on it. that was a touch of unchanged on 2014. back to you. >>> thank you very much, rick. let's check on where we are with gold. what was interesting is today the weak gdp data actually gave 2k3w08d a boost, so closing for flat foss session overall. it was down on the argument that the weaker economic future -- let's look at how the ag commodities are faring. so far sugar soy bheen and corn have made substantial gains. general mills clearly a big user. the fourth quarter results coming in below expectations today. the latest results come in amid a seismic shift in the way people are consuming breakfast in this country. sarah eisen knows a thing or two about an early breakfast. >> we often share an early breakfast. they're scrambling to keep up w

simon hobbs what's coming up in the next hour?r, we are rapidly redigging the next hour of the show. the man of the moment, david brat, who, of course, beat house majority leader eric cantor in last night's gop primary, will be joining nous five minutes. is that the reason that the market is sdmoun also ahead, the ceo of solar city. (mother vo) when i was pregnant ...i got lots of advice, but i needed information i could trust. unitedhealthcare's innovative, simple program helps moms stay on track with their doctors to get the right care and guidance. unitedhealthcare. seeing the world in reverse, and i loved every minute of it. but then you grow up and there's no going back. but it's okay, it's just a new kind of adventure. and really, who wants to look backwards when you can look forward? we stathat the kid onhe thought the back of the bus might have a song that he has in his head but he just can't get out. with the technology of cloud, we change all that. i can sing something into my device. up to the cloud it goes. back down i

thanks, simon hobbs. >>> now that you've seen the amazon phone what do you think? we've been telling you all hour, your chance to be part of "squawk alley" in a moment we will ask you that question, and then you can vote and see the results live on-screen. all you've got to do, go to cnbc.com/vote. that's on your computer, phone or tablet. get involved. get ready. the question and more coming up after the break. you're watching "squawk alley." s might have a song that he has in his head s but he just can't get out. with the technology of cloud, we change all that. i can sing something into my device. up to the cloud it goes. back down it comes sounding better. we break down the walls of creation, and we give music creation for the masses. ♪ ♪ could save you fifteen percent or more on car insurance. mmmhmmm...everybody knows that. well, did you know that old macdonald was a really bad speller? your word is...cow. cow. cow. c...o...w... ...e...i...e...i...o. [buzzer] dangnabbit. geico. fifteen minutes could save you...well, you know. >>> welcome back. we've been tell

. >> simon hobbes. >>> when we come back, content maker, now a takeover.he disrupter 50 company yahoo! reportedly wants to buy for $250 million. about speeds and feeds. it's all about latency. it's all about how fast does it run. i often sit with enterprises who ask me about how mission critical and how's the performance of the cloud. and i tell them, if you can make gamers happy, you can make anybody happy. speed is made with the ibm cloud. starts at 6:30 a.m. - on the (vo) rush hounose.und here but for me, it starts with the opening bell. and the rush i get, lasts way more than an hour. (announcer) at scottrade, we share your passion for trading. that's why we've built powerful technology to alert you to your next opportunity. because at scottrade, our passion is to power yours. >>> right now nearly 20 now, youtube creators advertise erg and fance gather at the annual code on conference in anaheim, california. full screen number 21 on the cnbc destructor 50, manages youtube stars is there. showcasing its talent and the ceo, there with jewulia boorsti >>

let's get to simon hobbs and the european close. >> for the record, the 28 leaders of the european unionting in belgium where the uk is likely to face a humiliating defeat from keeping him from being the next, u executive. for the markets that's a flat market if you took a weighted average. after yesterday's 1% loss, basically you've been able to stem four days of losses now to end flat overall. the big surprise is the uk house builders. the bank of england came in with the new rules to regulate what is the housing bubble. nowhere near as bad or as harsh as people expected. you can see the jumpoff had in some of those so far today. i guess the big news for many continues to be the fact that the u.s. or the securities regulation new york is suing barclays. barclays stock is down quite heavily today. barclays operates the largest dark pool in this country. the allegation is that they not only aided high frequency traders within it but told the clients they weren't going to do that and rooted some of the trades to themselves. barclays is down. credit suisse operates the first largest dark p

markets, we want to bring in simon hobbs across the pond just moments before that close.ey, simon. >> okay. so negative territory in europe. possibly iraq is weighing. if you took a weighted average, it's down about 0.4%. it's the second day that we've had declined there. some of the weaker banks also affected by comments in a german newspaper from a member of the ecb saying that the stress test may actually be too tough as people try to outdo what's happening in the united states. as we play through the week, the euro will be key for many people. just stuck above $1.35 in the wake of the ecb action which is more or less where it was on the lows in february. the big question, will you get a sizeable break below, or are you basically still range bound? that's critical for a lot of people in the asset markets as to how they think other elements will react. interesting that greenpeace has today had to apologize to its supporters after one of its own staff lost $5.2 million, trading the euro last year. obviously in the wrong direction. he has subsequently been fired. picking

. >>> let's bring in simon hobbs, countdown to the european close of the week. >> i was going to say the third session that we've risen in yup but as yes come towards the end of the session that may not be true the p big news we're wait for is for the french economy minister in paris to make a public statement as to what they're going do do with those competing bids for olsten, general electric? my suspicion is that they will say actually we've got better offers from both of them and, therefore, our involvement over the last two months don't mean we need to veto either of them and, thank you very much socialist government for betting a better offer from france. we will see what they come through with, both teams, se siemens and general electric. the onslaught continues into europe for ceos wanting to bias set there's. the pharmaceuticals has rejected a $47 billion offer from avi which came from north carolina. they again want to tax invert. you can see the results. stock is up 17%. they will argue that actually they're growing sharery well and risen substantially anyway in just this

let's bring you simon hobbs as we count you down to the close across europe. simon?lat overall on european markets today. let me take you through the individual sectors. it's interesting that airlines have fallen. yesterday of course we had the profit warning from lufthansa. overnight aer lingus also followed through with its own warning. but it's only when airlines in this country started falling you that saw issues into negative terth for the second day. morgan stanley went underweight on anglo-american. and that's pressured the minus, there in negative territory. anglo american down 3% as well. morgan stanley was also cutting its view on where we are with iron ore prices. the french telecoms have also been active as those echoes suggested. talks have broken down on the french government still trying to push everybody together. bnp paribas, the news coming out in the last 24 hours that the c.o.o. or co-c.o.o. is going to step down early as still the debate or discussion continues about that huge $10 billion fine behind the scenes. and a lot of talk, guys, in france

simon hobbs, back to you. >> mr. rick scan telein chicago, thank you very much. the farm report there from chicago. >>> back to the equity market, a slew of health care stocks new highs today, humana, aetna amongst them, despite fear and uncertainty over obamacare, large cap health care continues to outperform the broader market. but they are slowing. so is now the time to take profits? bertha comes is back with us for advice on that. bertha? >> simon, hard to find bears in the health care area. health care has consistently logged double-digit gains the last couple of years, while the contrarians like brian bell ski thinks it's time for a pause, 'cause he thinks valuations are less attractive with the health care selects spider, all-time highs. much of the gains this year have been driven by volatile buys but hospitals were the next best performers. the ac a has been a big part of the investment premise for hospitals, more people covered by insurance, they will see more paying patients and write off last bed bad debt. hospitalization volumes have actually not spi

pro quo from the theft of serviceses or whether in the case of the mayor of hoboken whether it is a hobbs act extortion charge. >> that one looks right to me. >> with the skyport authority issues bonds in order to raise its money to invest in capital projects. the bonds are issued on the basis of the port authority obeying the statutory requirements of the spending. in this case, securities fraud and conspiracy to commit securities fraud are clearly in play. >> let me go to brian murphy who has been studying from the new york side. give us a sense of the three areas of possible prosecution which may get to the governor. the interstate commerce, obstruction. by definition. keeping cars from crossing p from new jersey to new york. it sounds like a constitutional case. the shaking down of the mayor of hoboken. and the more complicated case of diverting funds, possible security fraud. >> you know, it's funny. david sampson becomes the grand unifying theory for tying those together. when we saw what came out of bridgegate we saw bill bor are oni calls on sampson to run interference against the

i'm carl quintanilla with simon hobbs, cramer, faber are off today. we kick off the last full week of the quarter. futures not too far from friday's close. a lot of housing data this week. of course, we'll keep our eye on dow, 17,000. ten years, a shade under 2.6. europe mixed as manufacturering pmis slipped for a second consecutive month. china's did show expansion for the first time this year. road map begins with the markets searching for fresh highs. dow closing in on 17k after logging its first six-day winning streak since december. last week's winning sector, utilities, where we've got action today, lead higher again? >> general electric overcoming the latest hurdles in its bid in france. >> lululemon's founder, new allies in his fight to shake up the retailer's board. more drama more lulu. >>> stocks looking to make more history. dow's in 53 points of 17,000. blue chips and s&p in the midst of the six-session winning streak after hitting highs. nasdaq closing at its highest level in 14 years. s&p so far this year, up 6.2. i was reminded by s&p

. >>> all right, simon hobbs has what's coming up. >> we'll take a look at whether the fed is going toets by acknowledging that inflation is an issue and raising their expectations of interest rates sooner and faster. interest rates rising sooner and faster. we'll preview the new 3-d phone amazon is supposed to launch in seattle. those who want to shorten the urls's in the court of the day, bit.ly's ceo will join us for hour two on "squawk on the street." ks how you want to work. with a fidelity investment professional... or managing your investments on your own. helping you find new ways to plan for retirement. and save on taxes where you can. so you can invest in the life that you want today. tap into the full power of your fidelity greenline. call or come in today for a free one-on-one review. call or come in today for a free one-on-one review. geicmoney for over 75 years.save they've really stood the test of time. much like these majestic rocky mountains. which must be named after the... that would be rocky the flying squirrel, mr. gecko sir. obviously! ahh come on bullwinkle, they

. >> cnbc simon hobbs has been right in the middle of the action and joined by internental group ceousive. take it away. >> the big question for many investors is whether the big hotel chains, marriott, starwood will take over a uk company to basically tax invert to cut their tax bill overall and pay less money to the u.s. government. if they are going to do that, then the guy they probably have to talk to is richard slomons who is the ceo of ihg intercontinental. welcome to the program, richard. >> hi. >> before we get into the rough and tumble of whether you will be taken over i was hoping you would have pictures of the even hotels which is the new wellness complex that you expect exclosive growth from. where are we on those and is it true that you can use the towel rail as an exercise bar? >> may not be something that survives. >> it comes out from a simple reality, 17 million americans who this when they travel feel like they fall off the wagon and can't pursue what they do from a wellness perspective, food, sleep, work, eat, whatever it might be, and so it's a new brand we've la

simon hobbs, back to you. >> and so to janet yellen later in the week.ook at what's coming occupy "squawk alley." >> hey, simon. sandisk is in a billion-dollar deal. we'll talk to the ceo why that deal makes sense. also the latest details on a alibaba. >>> and finally apple. ceo tim cook back in the spotlight over the weekend. a "new york times" profile asking how apple can bring back the magic. all that and more coming up on "squ "squawk alley" coming up next. [ male announcer ] it's one of the most amazing things we build and it doesn't even fly. we build it in classrooms and exhibit halls, mentoring tomorrow's innovators. we build it raising roofs, preserving habitats and serving america's veterans. every day, thousands of boeing volunteers help make their communities the best they can be. building something better for all of us. ♪ tdd#: 1-800-345-2550 can take you in many directions. spark your curiosity tdd#: 1-800-345-2550 you read this. watch that. tdd#: 1-800-345-2550 you look for what's next. tdd#: 1-800-345-2550 at schwab, we can help turn insp

simon hobbs, back to you. >> thank you very much.t the corporate level the guy in charge of growth at twitter its coo is leaving, so what's behind his split from the company. julia boorstin joins us with answers. it's interesting the stock is not really moved on this. >> that's right. i think that the issue here is that this was not perhaps material for the stock right now. now he is leaving. sources tell me he was effectively pushed out after he and ceo dick costolo had a fundamental disagreement about what the coo role entailed. he's leaving as costolo shifts the company's structure to have more key executives including the head of product and engineering report to him. the strategy is intended to streamline growth of user numbers in particular. with idea that the fewer layers the easier it will be to move things forward. disagreement between costolo and rowghani dated back to april when they hired daniel graph from google and had him report to costolo than rowghani. twitter shares jumped the most since twitter's ipo. also twitter

simon hobbs, all yours, buddy. >> thank you very much, rick. up next on the program more on gm.nergy and commerce committee announcing plans for a new hearing seeking more detailed testimony from ceo mary barra. congressman lee terry, a member of that committee, will join us after this break. passion... became your business. at&t can help simplify how you manage it. so you can focus on what you love most. when everyone and everything works together, business just sings. ♪ 800,000 hours of supercomputing time, 3 million lines of code, 40,000 sets of eyes, or a million sleepless nights. whether it's building the world's most advanced satellite, the space station, or the next leap in unmanned systems. at boeing, one thing never changes. our passion to make it real. ♪ i can't wait to get to ourmattress discountersreal. because the tempur-pedic bonus event is ending soon. choose $300 in free gifts, and, get up to 48 months interest-free financing with any tempur-pedic mattress. ♪ mattress discounters could mean less waiting for things like security backups and file downloads you'd ta