they think mgm is undervalued and converting it into a reit could increase mgm's value 70%.asked chairman and ceo of mgm if he is considering going through with this conversion. >> we're corporate finance folks at mgm. if we can find more value for our shareholders, we will do it. we've done it in the past. and i think it's a recognition of the fact that there's a lot of real estate embedded in these casino hotel companies, which is why a lot of companies are looking at, and we've been looking at it as well. you know, i've bought a lot of companies in my career and i've sold a lot of companies. that's easier. this is a little more complicated, which doesn't mean we won't do it or do parts of it, it just means it takes more time. >> let's bring in the investor at the front of this push, landon building founder and cio, jonathan litt. good to see you again. there is some urgency to this in that mgm pays a u.s. taxpayer this year. it should happen for the tax benefits? >> i think there are a lot of things that are coming together right now that make it make a lot of sense. bein

mgm has repeatedly denied those claims. officials are making sure minority-run businesses are participating if the construction of mgm. mgm spokesperson tells wusa 9 the company awarded some multi- million dollar contracts to minority-owned businesses. the hiring rate is well over the goal for this stage of the project. >> mgm gave us a list of 16 minority-run businesses that currently have contracts on the property but would not say how much each contract was worth. a private company normally does not even do that. >>> an abandoned home caught fire in leesburg this afternoon. this is pictures from sky 9 as the heavy smoke just poured out. fire officials say nobody was hurt, and they're looking into what sparked the flames. some day firefighters may battle a fire like that not with water but with waves of sound. >> reporter: at george mason university where a couple of. students:s have what could be a revolutionary idea -- dousing flames with sound. it works so well it's almost hard to believe. over and over again seth robe

mgm said it would be inappropriate to release that information but said mgm resorts as a whole ha spentillion -- has spent $1.7 billion in hiring minority firms working on various projects. >> mgm as a company is very interested in working with, hiring and developing minority businesses certified by local entities. >> reporter: but these contractors believe they've been unfairly kept out of the current project and argue mgm was only giving minority businesses small contracts. >> those are not real contracts to us. >> reporter: mgm says this project is far from complete and have worked hard more than two years to make sure community businesses. >>ed what qualifications they were seeking. >> we are going to work with as many qualified local and minority businesses as possible on this project. we want to build this as a celebration of the community. >> reporter: we spoke to one local business who said they were awarded a contract and didn't want to old it us how much it was worth. it was a minority -- want to tell us how much it was worth. it was a minority owned business. it was a sizable

contract design and development for over a decade and he maintains he has been unfairly kept out of the mgm project at the national harbor. >> i was advised not to submit my bid. this was three weeks before the bid was due. >> reporter: he and others say that the contracts awarded tommy for toy owned buses are insignificant. worth thousands instead of millions. mgm repeatedly denied the claims and the county says they are making sure that minority owns businesses are participating in the construction of mgm. >> we feel really good about the community benefit agreement. >> reporter: a spokesperson bells stationation the company awarded some multimillion dollar contracts to moi forty owns bidded and that -- minority owned businesses and the hiring rate is well over the rate for this stage of the project but the officials declined repeated requests to provide us with a list showing the amount of each contract rewarded to minority owned businesses. jones oversees compliance of the project for prince george's county. >> that would be for mgm to give out specifics regarding that. >> reporter: thi

that's janey oliver, a native of maryland and lives 15 minutes from the mgm site where she works as an electrician. thomas and brian work on the site and say they've lived in prince george's county for years. construction carried on behind them as mgm executives began to flood the site celebrating hiring 1,000 construction workers. governor larry hogan praised the project for creating jobs, but not everyone is convinced the project is off to a good start. some say mgm is not hiring as many minority owned businesses or local workers as they originally promised. last year -- >> year going to overhire the entire program and revamp the entire procurement process. >> reporter: last year an audit found a martin o'malley's administration failed to monitor or report minority participation on four other casino projects, but governor hogan says he's doing things differently this time around. mgm told us local workers carried out 19% of the construction hours so far and 2,000 construction workers will be hired before the project is complete next year. live from the newsroom i'm ellison barber, wu

this is the mgm, this is mgm stands for, according to floyd mayweather, may weather gets money.he loves fighting at the mgm. that is home for him. this is great for sports. we need something like this, even though we got everything going on with the nfl. free agency going on. we'll talk that on my show, america's pregame. baseball season starting up. you talk about it, boxing has been on a down cycle last couple years because the ufc is actually coming up and ufc is beating it now in popularity. for this and sport of boxing this is huge. not just from a monetary standpoint but just for the sport itself. you would like to see other things kind of spawn off of this and other boxers come up and might have that next mike tyson. might have the next floyd mayweather. right now this is all we got. whoever wins this fight, if it is floyd mayweather maybe he retires. maybe doesn't give pacquiao another bought because you know what? what us did he have to win or lose i should say? if he loses the bought we'll have the rematch. we'll see if there is bigger bought when it comes to money wit

mgm denies that and the county does too.arber and i'll have that story coming up. >>> the massive search effort for little noah thomas continues with leads drying up and no foul play suspected. frustrated police are left asking how could a 5-year-old boy just disappear? >>> you live in the city. somebody new moves in. it's called a pop-up. changes the face of the neighborhood. would you have a problem with this? >>> good evening, i'm january jeff cote. >> and -- jan jeffcoat. >> and i'm derek mcginty. specifically, a group of minority businesses are alleging that mgm is not giving them the contracts they expected to get through the community benefit agreement that the company signed with prince george's county. allison barber has been digging into the story and in the news room with some new information. allison? >> reporter: well, some of those business owners were at the county council meeting earlier today reiterating concerns that we heard just last week. saying that they're being cut out of the billion dollar project or

they can't seem to agree on his whereabouts. >>> mgm says they've hired 1,000 construction workers told the $1.2 billion casino and today they're trying make sure to celebrate. thanks for joining us tonight. i'm jan jeffcoat. >> i'm derek mcginty. ellison barber joins us from the newsroom with more. 1,000 workers sounds like a goodley number. >> it is, but we wanted to know how many are from prince george's county. we got to meet three. that's janey oliver, a native of maryland and lives 15 minutes from the mgm site where she works as an electrician. thomas and brian work on the site and say they've lived in prince george's county for years. construction carried on behind them as mgm executives began to flood the site celebrating hiring 1,000 construction workers. governor larry hogan praised the project for creating jobs, but not everyone is convinced the project is off to a good start. some say mgm is not hiring as many minority owned businesses or local workers as they originally promised. last year -- >> year going to overhire the entire program and revamp the entire procurement p

. >>> plus, 1,000 people behind the building of mgm's new maryland casino. what local workers are sharing with n ♪ ♪ know you can keep your financial big picture under control. know you can see how much you have to spend and whether you should transfer funds. know you can easily keep track of what you're putting away. and know you're budgeted for the great escape. thanks to virtual wallet by pnc. ♪ ♪ >> announcer: you're watching news4 at 6. >>> they can be expensive and dangerous and they can sneak up on you. tonight there's a new push to fill all those potholes in the district. >> they are truly evil things. and the city is promising that the repairs will be quicker than ever. our adam tuss is reporting now. exactly how the crew plans to make good on that promise. adam? >> reporter: they are so evil jim. ddot has its work cut out for it. take a look at it, this is "r" street in northwest, an absolute mess. but rejoice, these holes are about to be filled. we asked you to send us potholes to pass along to ddot, and, boy, did you. 15th street northeast, south

betty: pansy has a 27% stake in mgm china, which owns the mgm grand macau property. casino made $3.3 billion in revenue last year. you have this partnership with mgm. how is that relationship going? pansy: it is going very well. this is the moment when we are resting on our laurels, and we have done fantastically well, especially last year. we are now snug in the position where we have formed a strong professional team, which really oversees the daily operations. we have the time and space to consider long-term perspective strategies for the future. betty: of the 30 million visitors who come to macau to roll the dice each year, more than 60% of visitors are from mainland china. hong kong is a one-hour ferry ride. pansy: what has been surprising is the swiftness with which chinese consumers are changing. changing. in many ways, they are not the type of stereotype that we would have thought about the chinese consumer market, their patterns and behavior. this is a very fluid group of people. they are full of curiosity. their requirements continue to change over time. we

mgm spinning off the real estate asset. tuned.et's return to the fed's decision to drop the word "patience" from his guidance. what about june and september? markets soared on that news. the nasdaq briefly surpassed 5000 again. janet yellen did have a warning for fed watchers. >> just because we remove the word "patients" from the statement doesn't mean we are going to be impatient. betty: i want to bring in jim caron now. i know when you are pricing assets, you have to price and what the fed is going to do. your big take away from yesterday was what? jim: it is all about expectations. the way i thought about janet yellen and what she said is she started to change the debate. the debate was about is the fed falling behind the inflation curve. when his pent-up wage deflation going to release its and should the fed act sooner? we got that message as she alluded to the performance of the dollar lower energy prices thing is of that nature. the markets were thinking the fed needed to react to inflationary pressures and janet yellen is

. >> reporter: have you been past the site of mgm national harbor lately? a lot of changes happening. i'm tracee wilkins. coming up we got a tour. we'll take you inside. >> reporter: i'm tisha thompson with the i-team in charleston west virginia with the story of the highest ranking woman to file an official complaint of rape in the national guard and why she says she >>> in the shadow of the capitol wheel at national harbor, cranes hard at work. the mgm casino and resort is slated to open next year. today they hit a major hiring milestone. prince george's county bureau chief tracee wilkins joins us with a sneak peek at the progress. >> reporter: all of these cranes up in the air and d.c. and virginia are getting a sight of the cranes up in the air, they can't wait to start making money off of this casino. but there has been a change in the opening date. what was once an empty field is filled with work trucks cranes new foundations and the promise of a world-class casino and resort coming soon. >> here in just 20 months, you will find an exceptional resort.

. >>> mgm officials have july 1st circled on their calendars tonight.en the new casino and resort is slated to open down at national harbor. today amid all the construction, they celebrated a major milestone. prince george's county bureau chief tracee wilkins has a sneak peek at the progress. >> reporter: there have been a number of changes happening at the mgm site. they are building foundations here. they are plenty of folks who have already started working, in fact more than 1,000 workers some of whom from here in prince george's county. today they celebrated the 1,000th worker and also had a press conference featuring governor larry hogan, prince george's executive and other officials including jim meren, the ceo of mgm international. all of the folks coming out to thank the county for all of its support and to update people on how construction is going. >> here in just 20 months you will find an exceptional resort. it will cost $1.25 billion. >> reporter: the expected opening date for mgm national harbor is july 1, 2016, but will that happen? i'll

charles: mgm ? >> no, i stayed at bellagio, i like it there.o happen. charles: why? >> people -- to the penn gaming, just because it happened a couple of times, i don't think it happened, macau is a bigger story. >> the land and mgm has is more than penn. >> i agree with that notion of the valuable land, blah, blah, blah but i don't think they will put it in reit. >> we're not involved with gaming stocks, i like reits. we own a bunch of them. if this gets legs, then we'll look at this. charles: you would wait for news to come out still chase it. >> it would be built in first day. >> it could be, but are have remember they have to keep paying out their earnings, you see a rise in tkr*ef dividend s, this is not a one day thing, this is a. >progressive deal. charles: vegas was not too bad last year. i think people in charge of macau have proven a point. >> and cash cow, how about federal reserve. they answer to nobody, yet they created $4 trillion in phony money. why i say that fed should not remove patience from their release. but what stocks you

back in the early 1970s orbison became disenchanted with his record label mgm records and left.th mgm were simply shelved, another project for roy's three sons and next generation of fans. i'm jamie colby for "strange inheritan inheritance." thanks so much for watching. and remember, you can't take it with you. do you have a strange inheritance story you'd like to share with us? we'd love to hear it. send me an e-mail are go to our website, strangeinheritance.com. >>> hello, welcome to "justice." i'm judge jeanine. thanks for being with us tonight. tonight isis continues its assault against christians. high opening statement on washington's inability to deal with the increasing threats to america. >>> but first, the annual conservative political action committee, cpac, wrapped up earlier today with their traditional straw poll. here are the results. for the third year in a row, kentucky senator rand paul takes the prize with wisconsin governor scott walker finishing a close second. texas senator ted cruz came in third. followed by dr. ben carson and former florida governor jeb b

we have the mgm casino the new tanger outlet mall a health center coming to prince george's.ieve all of these will turn prince george's into an economic powerhouse? true? >> i agree. it will bring more higher end buyers attracted to the area. >> mr. brown? >> absolutely. absolutely believe, in terms of housing, you know it's going to improve the housing market. it's going to improve jobs in every aspect of economic development and economic health in the county. >> do you have any idea about the chances of prince george's county landing the fbi hit? >> i feel confident. i think with two of the three final sites, our sites are superior meet every requirement the government put up for security access to metro, access to highways the ability for a high-end development. the 11,000 employees the fbi would bring to the campus will utterly reinvent and transform the economy of prince george's county. we are on the verge of some of the most dynamic changes. you mentioned the billion dollar mgm casino or the regional medical center at largo or the $2 billion plus investment the fbi bri

"the post" says in a letter to prince george's officials, mgm says the number of visitors and employees who would use transit to get there would be quote, almost nonexistent. >>> a big celebration this week for some local teens who got some pretty big surprises regarding their futures. these are the faces of the bright students who, well we found they'll be able to attend george washington university soon and it will be all for free. news4's zachary kiesch was there for the excitement when some of the students found out. >> reporter: the fruits of sacrifice and determination look like this. >> work hard okay. [ applause ] >> reporter: for byron fullerton, the college decision-making process just got a little easier. >> i just received a full scholarship to george washington university. >> reporter: we were there with family and friends at mckinley tech. >> scholars are graduates of d.c. high schools. they are selected on the basis of extraordinary academic performance. >> reporter: but they're also leaders, in the classroom and in the community. they are the cream of the crop and are be

this group says mgm is not hiring as many as they promised. last year it was found that martin o'mally's administration failed to monitor and really report on minority participation in four other projects. but the governor says he's doing things differently. >> we've got a new secretary of minority affairs. we're going to revamp the entire procurement process. >> i'm allison barber. >> they carried out 19% of the construction so far and they say 2,000 construction workers will be hired before this project is complete next year. >> tonight we hear from a widow asking for your help in finding her husband's killer. the victim, 30-year-old david -- he was found stabbed to death last month inside room 400 of the donovan hotel in northwest d.c. so far police have made no arrests. >> in one day i lost the most important person in my life and a man i loved so much. i have no answers. >> police have circulated surveillance video of a woman they label a person of interest. if they know anything about her or anything else that can help solve this case, d

. >>> shares of mgm. resort surging on this down day as an activist made an investor presentation advocating the company convert in a real estate investment trust or a reit. the firm saying mgm could unlock shareholder value and it wants to nominate members for the company's board. the stock rose 15.5%. >>> dfw beat street's estimates on both top and bottom lines. the shoe retailer also saw same-store sales rise. it will hike its dividend to 20 cents a share. its dividend yield is around 2% were the stock grows 4% to $38.33. >>> burlington stores impressed with strong results today. earnings jumped nearly 50% in the january quarter. . company toned down its earnings and revenue outlook for the full year. shares ended at $58.59. >>> a mall operator saying the bid $14 billion substantially undervalues the company. an investor can't buy more hand 10% of the company. shares of both of those mall operators closed a little bit lower today. >>> coming up the future of franchises. are they small businesses or are

this is an update from mgm, it is staging the biggest rally in two years.ck is three times the daily average after a land in buildings. a hedge fund urge the company to get into the reconversion trend. and to spin off hotels. there is a note out of deutsche bank that says mgm completing this transaction is likely -- is not likely if there is a low probability. he doesn't seem meaningful value from that transaction according to carlo at deutsche bank. he said he was open to the idea of a reconversion, so this is not exactly a conflict between mgm and land and buildings. we will keep you posted. as we enter the final hour of trading in europe, look at how european stocks are declining. the decks losing 1.5% as german investor confidence miss forecasted. it does not rise as expected. this beat of economic surprises coming out of the eurozone, 80 euro is a bit stronger in the second day of meetings. stephanie: i want to go back to the plunge and fixed income trading. down 56%. it is not jefferies alone. fixed income used to be the most beautiful place. that is

if you were hoping to take a bus to the new mgm national harbor casino you're out of luck. according to the "washington post," mgm sent a letter that says guests will not be able to use public transportation to get on to property and neither will employees. this is not welcome news for prince george's county officials. they say the company's decision to not include bus stops is a break from previous commitments. >>> today metro's board will discuss the proposed potomac yard metro station in alexandria. that station would be along the blue and yellow lines between reagan national airport metro and braddock road metro stops. we'll have a complete re breakdown news 4 at 4:00. >>> i love this change in weather. it really feels like it's settling in. but i don't want to get too optimistic. >> anything is better than 20 degrees. we can definitely celebrate what is coming. a live look outside. 44 degrees and clouds are done for the most part. let's go to tom kierein. >> stop worrying, eun. the worst is over. >> yay! >> we've crossed the line. no turning back. daffodils are startin

liz: let's just make a comment about mgm. this is publicly-traded company.win here by hosting this fight? >> oh, they win tremendously. you can't put a price tag on the business that will take place. the exposure that will take place at the mgm. obviously gamblers will come in to do gambling. david: is this all a flash in the pan? because, it is difficult to find two fighters that have the following of these guys. both of them for many different reasons have a big following around the world. i can't think of another two fighters that would, about whom there would be this much enthusiasm? >> there is nobody else out there you could have this kind of fight, of this magnitude right now. and again you think back to ali-frazier. how big was that? we still talk about. david: sure. >> i think years from now, i'm hoping that you will still talk about this fight, mayweather-pacquiao. liz: you've been in business a long time. great to have your perspective on this. >> pleasure. liz: joe deguardia. you should hang out and watch. david: joe will hang with us as we con t

. >>> if you were hoping to take a bus to the new mgm national harbor casino when it opens you're outaccording to "the washington post," mgm sent prince george's officials a letter saying no public transportation to get on to the area and neither will em pleas. the company's decision not to include bus stops is a break from previous commitments. >>> if you like all of your money -- feel all of your money is spent paying rent you're not alone. results of an affordable housing study and what d.c.'s mayor plans to do about it. >>> and amazon catering to small businesses. the new store offering items for sale and you won't find it anywhere else but on the web. >>> i'm molette green at the live desk with an update on bricking news we're following out of missouri. two st. louis area police officers shot this morning are now out of the hospital. they were treated and released. we just got that confirmation from the st. louis county police confirming that the officers are now at home. the search meanwhile, continues for a suspect in this morning's shooting. the latest from the live desk. back

if you want to sit ringside you better have deep pockets and pay high stakes at mgm. >> here in las vegasto just be in the discussion about getting ringside seats. >> reporter: fans have been clamoring for the fight. some say it won't be as good six years later. mayweather's record is on the line. the answer to who is the best fighter pound per pound will finally be answered. >> a lot of people will be watching that. >>> a race car that was stolen from a nascar team a few days ago turned up in the u.s. state of georgia, right here. it was found, of all places on the side of a road. the car was stolen friday along with the trailer and pick-up truck attached to it. those are still missing. surveillance video from a hotel shows the thieves driving off with the trailer. the car was supposed to run in today's nascar sprint cup race. it was recovered with minor damage. >>> an oscar dress worth thousands of dollars has been found. she wore the pearl encrusted gown on the red carpet and reported it was stolen the next day. our affiliate has the bizarre details about how it was found. >> reporter:

. >> lbuscamos a la empresa mgm y nos dijceeron que no tieene come comentarios . >> el gobierno tienea chile ica boc unachica bond . >> estoy muy feliz, es un sueÑo hecho realidad . >> mientras se estrena la epli aqpeli pelÍcula aquÍ seguimos a le sa espe espera qde lo que pasa . >> muchÍsimas gracias y la sopr soprano britanicÁnica noin(nombre en inglÉs( pagoÓ 50 mddillones de dÓlares para ser la primera cant cantante en presentarse enle el es espacio , . >> pero como quiere hacer su pre presentacin auÚn maÁs memorable, e ellae ella y su esposo estÁn escribire escribiendo un tema que ella aca acantara desde el esapcpacio y otro aquÍ en el a tierra . >> pero 50 mddillones de dÓlares . >> siÍ, es que ella misma puede h hacer una pelÍcula de bonds sin tener que pedir pdinero prestado >> empezÓ como Él dice, aceite cremita, chichoneo... terminamos teniendo sexo todos. >> y de repente, cataplum... me despierto, lamentablemente, a las seis de la maÑana, con un fuertÍsimo dolor estomacal. quiero llamar al 911, trato de buscar mi telÉfono, no lo encuentro... >> ¡te metieron el celular! [♪] >

but if you're trying to limit your exposure you go with mgm and the free markets capitalized on this. it's down 6% because it's in the same group but has less of a dependency. sands is down 9%. stay with mgm if you want to place your bets more on vegas here. >> coming up the nasdaq getting hit hard within today's broad based sell off but we'll hear from a venture capitalist that says tech is healthy. details ahead. plus pit boss spotted some major bullish activity in one consumer staple name that's had a rough month. is the tide about to turn? the unusual activity you have to see, ahead. as we head to break, take a look at the s&p 500 heat map. s&p closing at session lows. lots of heat on that map. stay tuned. ice. i can help you choose investments. monitor them. and rebalance your portfolio. i can do a lot of what humans can. except have a real conversation. if you'd like that, you can always speak to someone at schwab. they aren't algorithms. try not to hold it against them. say hello at intelligent.schwab.com about what happens when you turn sixty-five. but, really, it's what you d

. >>> the mgm casino won't be open for another already frustrating leaders in prince george's county.ecision made by the casino that is causing controversy. >>> pleasant conditions right now outside that will have you thinking spring today. tom has conditions your children will be dealing with when they head out to ka. >>> also ahead new trouble for the secret service this morning. what we're learning about two senior agents under investigat for crashing a >>> if you were hoping to take a bus to the new mgm har bow casino you're out of luck. they say guests won't be able to use public transportation to get on to the property and neither will employees. the county says the company's decision not include bus stops is a break from previous commitments. >>> today metro's board will discuss the proposed potomac yard metro station in alexandria. the stays would be we along the blue an yellow lines. news 4 will be at the meeting at 1:00 and we'll have a complete breakdown on news 4 at 4:00. >>> right now we want to get a breakdown of the weather that you can expect today. this is a live look

the mgm is the company that owns the casino and is developing it. according to "the washington post," that company's plans do not include public transportation bus stops. that apparently is in contradiction to commitments had made previously. the post says that in a letter the two prince george's county officials mgm said the number of visitors and employers who would use transit to get there would be in their word almost nonexistent. >>> the tolls are coming to i-66 inside the beltway. in the coming mos, vdot is planning to convert all the lanes to high-occupancy toll lanes during rush hours. this move is designed to end some of that gridlock. but it's going to change the commute of thousands of drivers. >> to relieve congestion and improve travel reliability, we're looking at a managed lanes approach for 66 inside the beltway where the lanes would be tolled in both directions during peak period only. >> and for driver who is carry at least two passengers your ride's going to be free all the time. those tolls on i-66 are expected to begin in 2017.

n to what he said three years ago about lbs, similar to mgm. mgm grand will get you done. >> i'm melissa lee. thanks so much for watching. see you back here tomorrow at 5:00. in the meantime, don't go anywhere "mad money" with jim cramer starts right now. >>> my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find. mad"mad money" starts now. >> hey, i'm cramer! welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to make you a little money. my job is not just to entertain you, but to educate and teach you. so call me at 1-800-743-cnbc or tweet me @jimcramer. listen up the trend, it is not your friend. because there is no trend. once again, we were unable to build upon yesterday's gains. dow sinking 128 points s&p falling 0.33%. nasdaq advancing 2.61%. but still, quite a contrast to yesterday's very strong performance. why can't we put together a winning streak? why can't we go up for more tha

mayor who was then sent west to start mgm. my grandfather was 22, he was the head of production. >> amazing. production of the wizard of oz, "gone with the wind," "ben hurr" ", mutany on the bounty, and on and on. >> he was in the business until almost 1907. >> the estate dates back to that time sfwloosh when did the scare crow thing happen? we talk about investing in had so-called liquid assets. where did the whole following begin? >> you know, well, first of all, we're kind of a little bit of a rare pocket in that we're so high-end that the market doesn't impact us hugely. in 2008 a bunch of people had to call us and say could we skip this year and still keep our place on the list? but in general the wine business is just doing better and better. you have to be on this exclusive list, right? >> we tend to sell out in about, well, if we just put everything out there and said go ahead, we would sell out in 24 hours. >> is that right? we've heard of the screaming eagles of the world where the scarcity value creates a lot of the

and then in 30 minutes, we look at the push for the mgm split.arter, its snows and every second quarter, we sit around and wonder whether the first quarter was affected. the weather. port shutdowns. how much of this will become permanent? ellen zentner: the dollar's impacts are already being felt. as the fed mentioned yesterday, export growth is slow reflecting that stronger dollar. the weather some of that is going to be transitory. if you did not buy a car this month because there was a lot of snow on the ground, you're probably going to go next month and test drive it and buy it anyway. port activity. in the west coast, we have resolved the labor disputes but it takes 8-10 weeks to work through the backlog. some of that is going to be made up. honda said they had slowed production because they cannot get their parts out of the port. now they have and they will ramp up production to make up for the shortfall. that will be a rebound in the second quarter. there are going to be some problems with the ports that will not be made up. retailers coul

mgm rejecting all for director nominees, setting the stage for a proxy fight.ys he is developing hbo series while giving the keynote at sxsw. the former gangster rapper says that he is working on a show about 1980's los angeles. it is the talk of silicon valley. the gender discrimination lawsuit filed against a company. closing arguments are approaching. what are the broader implications of the case. to join me alix ruddy. alix, thank you for joining us. for those not familiar with the case, why is it so important? guest: it is important because ellen powell has taken the courage to stand up and talk about tiny cool opportunity in silicon valley. it is a problem going on for a long time and she has the courage to speak up for herself and all underrepresented peoples who may not have opportunity at different levels . alix: what is it like to be a female vc right now? alex: i am not a female vc, but we are woefully underrepresented in terms of our participation in what equates to the money funds, and the tech industry the tech industry, the industry fueling our e

the mgm board. land and buildings currently owns a less than 1% stake in mgm. in a programming note land and buildings founder and coo jonathan litt will be joining us to talk about his proposal. tune in today at 5:00 p.m. eastern. >> thank you, dom. honing in on the utilities sector may have led monday's rally and been outperforming today, but the group is among the biggest losers so far this year. investors anticipating the federal reserve to hike interest rates for the first time in almost a decade this year. what does it mean for utilities and other high-dividend paying stocks. let's bring in david berkstein, utility analyst with hilliard lions, travis miller director of utilities equities research with morningstar. david, why do i need to own utilities, if at all, in an environment where the federal reserve is set to raise interest rates for the first time since 2006? >> sure because they still offer attractive yields regular earnings, and dividend growth. let me give you an example of how they

. >> black courteouses in maryland sa mgm is not giving them jobs. they have a community benefits agreement. the prime contractor promised $300 million in contracts to minority companies. they also promised more than 4,000 jobs and the none of that is happening despite the fact that more than half of the contracts have been awarded. that is set for 10:00 this morning. >> this pi day is one-of-a-kind for this century. today, 3-14-15 at 9:26 and 53 seconds, the date and time will match pi's first ten digit. this won't happen again until 2115. i'm not sure you will be here. you can tweet and facebook us and show how you are celebrating with the #pi nbcu. several deals are offering deals on pies. that's good. the institute of technology. the admission said 9:26 marks this historic moment. >> that's pretty cool. >> eight minutes after the hour. d.c. police said a driver tried to run over an officer and it's caught on a body camera. how it can lead to an arrest. >> a very colorful storm team 4 radar. look at the green and turquoise showing rain. amelia wil

. >> black contractors in maryland say mgm is not giving them jobs. they are holding an emergency town hall about the issue. under a community benefits agreement, the prime contractor promised $300 million to contracts for the national harbor casino and promised more than 4,000 jobs. the companies say none of that happened despite the fact that more than half of the contracts have been awarded. the meeting is this morning at 10:00 a.m. in temple hill. >> volunteers are doing free dental work. in the northern virginia dental society te for the event happening until 5:00 this evening for the low income individuals. you can find that in springfield. are you a fan of pie? >> of course. >> pecan is my favorite. a big day for mathematics and desert lovers alike. >> this pi day is one-of-a-kind. for the century at least. 3-14-15 at 9:26:53, the date and time will match pi's first ten digits. it won't happen until 2115. tweet us how you are celebrating pi day. several places are offering deals on pies. all to celebrate today. >> i like that. coming up on 9:06

"the washington post" reports mgm resorts international is on track for next year's opening at national harbor. officials say the first parking level is expected to be completed within just a few weeks from now. >>> news for your health. staying fit and living longer. what a new study found out about your intensity running on treadmill and what that means to your overall life. >>> plus a new product to help get you fuller luscious-looking lips? we'll show you the temporary >>> and news for your health this morning, it may be possible to predict a person's risk of dying based on their treadmill workouts. researchers at johns hopkins university say the new fit treadmill score factors in energy a person expends, and their heart rate during intense workouts. comparing people of the same age and gender participants with the lowest scores had a 38% higher risk of dying within a decade. people with the highest scores had only a 2% risk. >>> well you could be putting your child at risk if you delay vaccinations. according to a new doctors' survey saying parents are delaying vaccinations for the

las vegas' mgm grand garden is set to take in $40 million in ticket sales alone. not a bad house.the previous record for the mayweather/alvarez fight in 2013. and the ncaa under fire after ruling baylor running back silas nacita is ineligible to play because he accepted, quote impermissible benefits when he was homeless. he walked on at baylor in june. he says he had no idea he was breaking ncaa rules when he accepted a place to live from those he describes as a close family friend. amazing. the ncaa strikes again. good lord. >>> up next, vice president biden, actor john travolta, they have something in common. they are terrible with names and other things. >> thank you, terry, and thank you dr. pepper. thank you, chancellor. >> not to mention, their natures are somewhat -- i don't know what you would call it. inquisitive. we take up the creep factor here next. the future of the market is never clear. but at t. rowe price we can help guide your retirement savings. our experience is one reason 100% of our retirement funds beat their 10-year lipper averages. so wherever your long-te

. >>> the new mgm casino will mark a construction mile season. it is on track to open its doors next year at national harbor. an event today will mark the hiring of the 1,000th member of the workforce. . . >>> sthors will be talking about the 40 bhld budget plan of house of delegates approved last week. the house rejected a plan from governor hogan to scale back education funding. >>> today investigators are trying to figure out why a house was rigged with a device to blow it up. an electrician found what he thought was a suspicious device in the house in milton massachusetts just south of boston. police worked through the night to make the house safe and they say the house was about to go on the market and had been rented before p. the twicedevice was rigged to blow if somebody switch order a light. police now questioning the renters. >>> stand by me you've lost that loving feeling by the righteous floors and stand by sly the family stone, all three on the list of recordings selected for preservation by the rye braer library of congress. 25 live

. >>> the new mgm cass seen see mchltmgm casino will be celebrating their progress today. an event will mark the hiring of the 1,000th member of its workforce in prince george's county. maryland governor larry hogan will be there to celebrate. >>> it may not feel like it you now, but cherry ploss onlyblossoms are on the way. and we'll tell you about the effort to make parking easier. >>> and don't skip out on your fare at metro. >>> and a little bit of rain coming this morning. chuck is back with a check on the bus stop forecast. >>> if you're thinking of taking your family for the national zoo, you'll see increased security. the zoo says that it's adding new security screenings and bag checks after violence in the neighborhood last year. you may remember somebody was shot just outside the zoo in april. there could also be a cap on how many people could be in the zoo at p one time. >>> with chairerry blossom season under way, there are a lot of parking concerns. aa chlt a achlt aaa and the american bus association says the current system in place including ticketing thousa

mgm resorts international says it is on track for next year's opening at national harbor. officials say the first parking level is expected to be completed within a few weeks. the new casino will sit on 23 acres and have more than 3,000 slot. s and 140 gambling tables. >>> you could be putting your child at risk if you delay vaccinations. a survey says parents are delaying vaccinating their kids. 93% of pediatricians say they're getting requests to adjust the regular vaccine schedule especially for children under 2. most doctors say they are flexible but 87% believe it puts a child at risk before one of the biggest fears of parents is the link to autism a connection that has been discredited many times. >>> 5:26 now. if you ort cookies, there is a new toy that will let you enjoy the baked goods all year round. wicked cool tools. isn't that a cool name? they unveiled the first ever girl scouts cookie oven. it's 00kind of like the classic easy bake oven. the oven is not cheap, it's $60 and it will hit store shelves nationwide this fall. >>> your city could become part of the

. >> and then last question, what are your odds of mgm announcing the replan by the end of this year?e had the activist, who is agitating for them to do this, and one key reason is that it's going to become a u.s. taxpayer this year. that could be the impetus. >> yeah. so the difficulty with that, it's an extremely difficult accounting and legal maneuver that typically takes two years to do. it may or may not happen. i don't necessarily think the juice from that trade is so significant above most of our price targets, which are kind of high 20s. i think mr. litz in the low 30s. maybe mr. murr goes through with it, maybe he doesn't. that's a two plus year transaction. >> brian, thanks for coming by. what's your play? >> oh, i love his play on wynn. and, you know, i'm cursing myself for not getting in on it. i liked when you asked him about the odds. >> yeah. yeah. >> because not only is he saying he's got a bet on this, mel saying what are the odds of this. >> yeah. >> i think the odds of this stock being higher at year end are significantly in your favor if you're in. >> guy. >> i wou