e-commerce,nown for both consumer and business to business.dened the interest-rate -- interest. fortune is david around -- personal fortune is guided around $13 billion. money does not seem to be his motivation for building an empire is. ma told charlie rose that if alibaba cannot surpass walmart, he will regret it for the rest of his life. we will hear plenty more from him and about him throughout the next couple of days. as we had to break, we will leave you with a look at some of the top stopovers. fiat is one of the big losers in today's trading session. it is down 7.7%. we heard about the carmaker from strategy. they want to focus more on maserati and alfa romeo and they want to go to the high-end customer but they disappointed with earnings. interviewed the ceo as siemens is down 2% after reporting worse than expected forecast. actually ups despite worse than expected forecast. one of the biggest gainers after it surprised investors on the outside. "the pulse" is coming up next. ♪ >> alibaba confirms what could be the biggest ipo ever. a

e-commerce,nown for both consumer and business to business.volved computing, banking, tv production, and an online music service. the personal fortune is valued around $13 billion. money does not seem to be his motivation, but building an empire is. he told charlie rose, if alibaba microsoft ors walmart, he will regret it for the rest of his life. >> called -- carlsberg has cut its forecast. >> both reported they will make less money than investors were anticipating. in the future, they will make less money than they thought they were going to make. theheadline is they think russian market overall is going to shrink in the mid-single digits. they thought that it was going to shrink in the low single digits. there are always cryptic in this type of stuff. that is important. why? they are the biggest brewer in russia and the second-biggest brewer in ukraine. they have more than a third of their profit from eastern europe. while it is not intuitive why just because there is turmoil in a region and they're embroiled in a conflict, people would lin

us, formern with cftc commissioner, and robert , nown from goldman sachs business management professorss school. what is a liquidity crisis? >> recently what happens is it is tougher to find a bit. people pull back, they go to cash. >> overnight trust disappears. >> sometimes it goes to an extreme. >> what will happen this time around? have all these things you have done and others. >> i think the system is better. it doesn't have to be overnight that people lose confidence. it can be in a heartbeat. remember the flash crashed from 2010 when the dow dropped nearly 1000 points before recovering and when it cuts down there wasn't enough liquidity there. talk about these high-frequency traders. they are good and they are bad. the market would have never gone down so that without them. >> they created the bid. they serve a purpose. >> they actually saved it in the end. >> there will be another crisis. nastier one, will you be watching? >> credit spreads. you look at whether the credit spreads for government and companies -- how much they widen out and how fast. improved thee have capital a

is right nown addressing business leaders and billionaires. ryan chilcote is at the international economic forum in st. petersburg. you told us yesterday about all the western leaders who chose to skip this main event because of the tensions in ukraine. among those who have decided to show up, what do they want to hear from vladimir putin? naturally, they are looking to hear about things he is intending to do to improve the business climate and business in general. -- of the specific rings things that they all agree as to make conciliatory remarks about ukraine. that very important presidential election is coming up on may 25 and we had the biggest single loss of life yesterday. things are not looking great going into that election. if the election does not go the right way, the eu, the u.s., and germany have said there will be more sanctions on russia. none of the executives here want to see more sanctions. >> what sort of interaction are tin andng between mr. pu the other executives? he has just started talking 10 minutes ago but what he has

drug overdosed, opiates nown by surpass homicides and traffic crashes. in 2010, the latest year of which we have nationwide data, americans died on average day.overdose every single prescription drugs were involved ,000 deaths that year and heroin was involved in another 3,000. death from heroin continue to increase. while heroin use remains low in the united states as compared to aher drugs, there has been troubling increase in the number of years. 669,000 in 2012. it is clear we can't arrest our way out of the drug problem. science shows that drug addiction is a disease of the a disease that can be prevented, treated and one can recover. substance abuse disorders are progressive disease. important to consider and understand that many people who substance abuse disorder begin using at a young with alcohol start and tobacco. we know the prescription of opiates become more frequent or chronic, that person is more drugsed to purchase the from dealers or obtain the drugs multiple doctors. left untreated, this progression of a disorder may lead an lowerdual

changed the investigation by the boston police department into people that were killed, that were .nown to tsarnaev and i would bet you since i'm not aware of the boston police department having had their training materials purged to exclude anything that might offend the radical islamists, they may have been able to go out to the mosque and ask about tsarnaev if they had known the allege he was radicalized and may have been been able to answer questions about the type of islamic leaders that the older tsarnaev liked, that he read, that he endorsed and could have made a better decision on whether or not he had been radicalized than our own justice department did. that should have been shared with the boston police. if they had had that information without having had their training materials purged, they may have done a better job of protecting those people at the boston marathon. then you read emails going back and forth, people shocked that a guy who is a muslim brother, who has insighted people to hatred against the united was a named co-conspirator with people who were convicted of s

in the word of the tonga, also nown as sitting bull, a elder, spiritual leader that lived over a century ago, and he put this challenge forward to all of us. let us put our minds together to see what we could build for our children. our time is now. >> thank you, bull. >> thank you for allowing me to come and speak to you at the national climate assessment. i will share my perspective about why the private sector should care about the n.c.a. based upon my experience working in engineering, risk management and insurance. and serving their clients, customers and communities in which they operate. when climate change vulnerabilities become fuel impacts, they can disrupt normal economic and social function. depending on the severity of the impact, businesses, their supply chains, their employees and communities can be merely inconvenienced such as experienced with recent heavily rainfalls in the washington, d.c., area, or severely disrupted or even destroyed such as experienced by recent droughts and wildfires in the western u.s. which caused destruction of homes, businesses and crop losses.