somebody taking this porsche out for a test drive. but soon after, this car goes to mick a right-hand turn. this is taking place in south africa. watch what he does. >> oh! >> no way. >> that's $130,000-ish car. somebody maybe just trying to show off or test out what that nice car can do. >> what happens if you do this on the test drive. do you have to drive it? i'm sure you're insured by the dealership. >> we felt the same way as the guy taking the video felt. look at his reaction. >> that is such a [ bleep ]. >> what a shopping sight. blew this guy away for sure. >> back to the dealership after that. >>> we heard a lot of people get upset about others not sharing the road, right? well, apparently people get upset about not sharing the waters too. this video shows long boarder phil brown, off the coast of butte, in corn wall, in the uk. former army servicemen, has some skills. look at the background. that is a paddle boarder, kind of on the same wave. keep in mind, phil doesn't know what is behind him, right? eventually ride is over.

this is porsche's answers.d electric car with how many horses? >> 887. >> 887. >> just 887. >> a mere 887. >> beautiful paint job called liquid silver and carbon everywhere on this. >> carbon fiber tub. that's what helps save the weight because we have to overcome the weight of the batteries in the vehicle. this is the future of the sports car for us and this is what we would call a technology carrier for the whole rest of our lineup. you will see a lot of this technology filter down. we already have. we have a plug-in hybrid that uses some of the technology from this vehicle. >> basically $1,000 per horsepower. >> not quite. >> 850,000. >> 845,000. >> but that's standard. that's without any options. you get it loaded. >> comes pretty well equipped. >> so a lot are worried they love the feel of driving a porsche. they love feeling the shifting of the gears and they're worried when you go electric, that sensation goes away. >> we need to get you on the track. >> i'm not saying it's me. enthusiasts say this. >> w

a driver with a need for speed takes a porsche on a test run. >> soon after this car goes to make a right-hand turn. >> see the moment it became a wrong hand turn. >> [ bleep ]. >> some brave dudes risk their lives to save -- >> these two little puppies. >> why this swift water rescue didn't go so well. >>> soldiers prepare for a controlled explosion. how everybody survived one really close call. >> get down! >>> and a jazz musician who can really play percussion. see what it takes to pull together one man's band. >> what kind of ads do you put out? >> use your butt as a drum. >> you know you got a problem on your hands when you see a beautiful porsche 911 ahead of him and he gets his camera out because the sound of the 9/11 this goes turns down his radio to capture the car taking off. >> was this you? >> sounds like super mario. >> no, it is not me behind the camera. the car takes off for a spirited run. reports say this is a test drive, somebody taking it out for a test drive. soon after this car goes to make a right-hand turn. this is taking place in south africa. watch what he does he take

. >> like a bmw, mercedes, porsche? what are you looking for?> i'm kind of looking for something a little bit more modest. >> okay. >> ford, chevy, maybe. >> the first potential buyer i've seen since i've been here walks in and he's looking to buy an suv. he seems motivated, excited, ready to buy. the problem is we don't have what he wants. >> i wish we could help you. >> no, it's all right. don't worry about it. >> maybe next time. >> take care. >> he wants to be in an affordable car like everybody else in america, and every suv we have on the lot is priced over $40,000. >> that's the frustrating thing that you deal with. >> how many customers a day do you get that you can't sell stuff to? >> oh, we--it's not just the walk-in customers, it's the phone calls. >> yeah. >> it's the internet. >> seems busy. service seems busy. >> yeah, service does, like, $100,000 per month. sometimes we do a little bit more. >> so in your role as general manager, how much time do you spend out here? >> i'm back here quite often. >> those guys all reporting to you?

the porsche comes to a stop and the customer escapes with minor injuries. the store, however, sustains major damage. the structural repairs and replacements of products cost more than $200,000. it's an expensive night out for the young soccer star. but not an unfamiliar one. it's national news in 2009 when he accidentally smashed his bmw into a house. as for this incident, he apologizes through his lawyer and admits to being legally intoxicated. he pays for all damages and is banned from driving in belgium for four months. after that, he's required to take a new driving test in order to reinstate his license. legear blames the accident on mistakenly pressing down on the accelerator instead of the break -- brake pedal. perhaps his talented footwork is limited to the soccer fields. >>> coming up -- >> left foot. touch your nose. >> police put suspected drunk drivers to the test. >> he goes to reach up and he loses his balance and he just falls backwards. >> you okay? >> when "caught on camera: altered states" continues. (vo) you are a business pro. maestro of

. >>> a driver takes a porsche on a test drive. >> but soon after this car goes to make a right-hand> see the moment it became a wrong-hand turn. >>> he's the double rainbow guy.

a driver with a need for speed takes a porsche on a test run. >> soon after this car goes to make a right-hand turn. >> see the moment it became a wrong hand turn. >> [ bleep ]. >> some brave dudes risk their lives t

we have the maneuverability of a porsche and the stability of a cadillac, highly stable aircraft in theky. >> reporter: right now all of his prototypes, including this original, are unmanned. he is, however, building a two-man version which he says will retail at under the price of an expensive car. what's your vision here? >> my vision is a super highway of saucer aircraft flying around the united states. >> reporter: super highway of flying saucers which he says will be safer and cheaper than anything flying today. in brooksville, florida, douglas kennedy, fox news. >> it sounds orwell an, maybe unprincipled government crushes individuals for a reason or no reason at all. innocent people become the enemy. is it happening in america? fox news goes in-depth in a one hour documentary called enemies of the state. among those targeted, this man. he discovered the vast bakken oil and gas field, he was invited to the white house, but the president didn't seem to want to hear what he had to say. and two weeks later, the justice department want after himmering bringing criminal charges against

california race celebrates the most famous open race and the entrance includes six classic jaguars and 11 porsches and half a dozen ferraris. >> mike, which car are you driving? >> officer -- ferrari, of course. >> how about the top down version. >> absolutely. most were convertibles. >> now, the padres are taking on the giants. sunshine. dropping down to 56 but a light breeze. it will feel like the temperature. dress accordingly. we have a few clouds at eureka and sunny in lake tahoe and 59 and mid-to-upper 70's through the central valley to 66 in monterey. and 70's in san diego and 80 in los angeles and 91 in palm springs. >> the commute to work, to school, we have a construction project wrapping up westbound side of the bay bridge where we have the lanes blocked. that is for a couple more traffic. and eastbound traffic is clear, 280 away from 17 in san jose it is dark with only a couple of headlights moving along northbound and southbound traffic approaching highway 17 is negligible. >>> it is 4:55. tomorrow the supreme court will hear arguments of cell phones and privacy, one involving a calif

a porsche models at nights. and for an eco school the a. the dean saw our car justice are shaken up is getting to grips with the new ford goes for the second edition of the conference which is unwilling to brazil

porsche dealers are promoting a plug-in hybrid car. it has a gasoline engine, as well as an electric motor that drivers can recharge at home. and later this year the people at volkswagen plan to release a compact electric car. but automakers hoping to sell these vehicles in japan face some challenges. there are few charging stations, and there's higher prices for eco-friendly cars, as well. that's even though the japanese government gives subsidies to people who buy them. >>> owners of small japanese businesses have found a way to corner markets at some larger firms may not find attractive. they've been selected to be part of a government program for niche firms. and some have found success abroad, and are hoping to revitalize the manufacturing industry at home. nhk world reports. >> reporter: this is popular in japan. one company has automated the process of skewering pieces of chicken, and acquired a 90% market share in the world. with 12 employees, it makes skewering machines for all kinds of food. the company president believes his

. >> reporter: the tractor was designed by okuama whose past clients include porsche and ferrari. the manufacturer offered him a position on the board in april last year. it wanted to incorporate sleek, modern design into the function-oriented products developed by its engineers. okuama started by visiting farmers around japan and asking about their needs. he found out they want a tractor with a smooth ride. a comfortable seat. and 360-degree visibility. >> translator: i want farmers to be proud of their tractors. design can create that pride. >> reporter: the company has also worked with a fashion designer to create stylish work clothes for farmers. it is using design to generate interest in agriculture. wheelchairs are also getting a design makeover. this electric model looks like a futuristic personal vehicle. it was designed to encourage wheelchair users who are hesitant to go out in public. >> it actually is both a design and a performance revelation. >> reporter: the wheelchair was developed by a venture firm. the company has its headquarters in the united states, and develo

porsche five hundred years. the monte de house key bank contributed to see and as the ones that ended in twenty twelve when the bank will lend itself with inexpensive merger and risky financial to read the text. the bank's president to resign. the prosecutor is investigating the bank's practices. several former managers are under house arrest. mr was not the piano will unfortunately be with the site one of europe's biggest financial speculation as to the tune of twenty billion euro has the means to lean toward maybe can get the fuel. now this money is gone and we're sitting on a huge mountain of debt up to all saints in the mean looking to source issues. millie the city of siena is not only hard it is issued it is compulsory the main conclusion. a painful blow for ones with sienna. the foundation of the city was the bank's biggest shareholder. hefty dividends provided plenty of money. you can find today optimistic as it was easy to walk across the opposite has come to ask the bank foundation for money. well when

[laughter] they have a famous symbol that is a pegasus area and i said i'm not sending you a porsche. she said we have the original one here i don't need you to send it to me. and really quick she said i want hand lotion. and she said i want perfume. the perso person with me said wt kind do you want and she was struggling for the words because if you have never owned perfume, how are you going to have the language for that? she said i just wanted to smell like a growth i want to smoke them in a stand of this is i think -- is the worst that you can say is they've got it pretty good but i think that this is how pernicious and pervasive the control is. if we don't make it, you don't need to have it. you don't get anything nice or pleasurable. once a year on the leader's birthday they give all of the kids candy and notebooks and it supposed to be this great thing but it's better when they can have a treat whenever they want and not in celebration of this man who's taken everything from you and your family. >> and it isn't just a matter of them not having perfume, but it's also that using

porsche cool experience is that with the right home record. and the people concerned to keep on insisting that he got a shrinking working population is very confident and secure economy into the cauldron you connie. it's difficult to teach a budget that this is compounded the country that we guarantee the team. demand for standards and massacres and remind me of the gita to consolidate the longtime growth the short of numbers may sound good to longtime critic of the main concern is that we are taught to speak to the viewer to the bar as an mep. he said that one in portugal. never being sentenced as many people give me grief the ccc says he sees the means to the polls indicate that part of the altar society has agreed to the ruffles and bows and other capitals to present for the best success stories who claimed that the reforms will have good success. they haven't they have destroyed the country destroyed decided that i meet them as an mep arrived at st and actually under the cover with the major issues here but short of a long time but put sim

they're not doing their duty the porsche motorsport show. all for the forwards like iraq is like edwards noted helper to drink a toast use of secrets and were talking loudly and espionage act. throughout the decades whistleblowers have played an important role in investigative journalism the obama administration finance and eighty eight different people for who to blame it on spying activities etc canadian industry should be more and more than all previous restrictions on its own so that is appalling record on the next step would be much change your mind right now. we're trying to expand its broad least it gives an illegality. what the church was really pressed which the truth behind that inward looking critically at what the president was one of my knowledge to this day make an effort which will go to work to get the truth the ball in hand. the upshot of that is the meaning is due to this day. we don't have nearly as many whistleblowers for us we could and should have. as the primaries by which the is informed about what's going on with a f

not only the lamborghinis, but audis, andlkswagens, porsches. we asked the customer what they want.e are building vehicles specifically for our chinese customers and that is different from our european vehicles. >> that was your word from asia from the beijing auto show. >> up next, where is value to be had? that is in the discussion coming up. you are watching "asia edge." >> back on "asia edge." thanks for sticking around. let's talk about a subject we didn't get to. how big a deal is this? >> i think it is a much bigger deal. >> [indiscernible] >> they've been talking it down. --e have been talking it talking about it as the milk train. about what caring the north to the south, which was about 2 billion rmb and all. what is interesting to see is discount hasare to party been closed. there are about 200 mid-cap stocks that you can buy. you can buy 200 of these hong kong mid-cap stocks. we've got nine of those in the neustar sportfolio -- the new starts portfolio. ipo'skind of like 200 new . a huge valuation discount. really work out why a do what they do. >> what about the discipl

also continues to weaken an already declined eight point six percent this year according to brenda porsche has the second worst performance among twenty four munching market currencies so far this year come to our crew continues to mount with a fifteen billion dollars less than the first three months of the year begins to sixty three pm for the whole of twenty thirteen. moment of my list to the pressure could sink into recession if she continues to prioritize and nietzsche spending and expensive health and education precipitate team declining support for a sleek ultra nationalist policies. i knew. been. eye. it all resort in the sublime to the store to the beginning of the construction of the exhibition complex us the expo two thousand seventeen the ceremony of the laying of the capsule on the construction site was held in austin up in three years already a mother can view the object will be constructed right here the theme of the international exhibition is future energy kazakhstan was shown to the world the possibilities of alternative energy using and demonstrating how the sun wind and

trying to compete with porsche and jaguar.t miller introduces us to the sub $100,000 aston martin. >> what we have chosen to do with this cars offer something which is more focused and specification for the enthusiast driver. very much on the motorsport heritage. very distinctive from the exterior. equally important, underneath the bonnet here. 361 torque. 190 miles an hour. a car that is very functional to be driven on the road. one cool thing on the scar that will surprise a lot of people is, this car is priced at $99,000. most people might expect aston martins to be higher than that. >> that is great. i think the most important thing about it is you can get in a stick shift. you see so many of the high-end sports car manufacturers going on to automatic your boxes. what drives you to keep it more traditional? >> demand. one of the things we recognize is this is very much a driver's car. it is why it is so successful in the motorsports environment. 30% of our cars in north america are stick shift. that is why this car comes a

. >> i just had one other question that's related to some comments from porsche lee's article from world health journal. i come out of asian law caucus. i was a law clerk way back in '88 or something like that. i know ed lee our mayor was a former staff attorney. victor hwang who i've known for lodger than i've known you comes out of asian law caucus as well. i think there are some representations that asian american civil rights attorneys like you should really stand up strong for the chinese community. but i know that our framing within the asian law caucus and i saw [speaker not understood] taylor -- they go out and outreach [speaker not understood]. i know we don't just look at chinese and asian pacific islanders, but we relate in other low-income communities. could you talk about who you represent when you are a civil rights attorney or even on the police commission? i know you said you've been responsive. [speaker not understood]. >> thank you for asking that question. that's kind of the question that hits my heart. so, thank you for asking. so, i'm the daughter of chinese immigran

. >> we have the maneuverability of a porsche and stability of a cadillac.craft in the sky. >> right now all of the prototypes including the original are unmanned. he is however building a two-man version which he says will retail at under the price of an expensive car. >> what's your vision here? >> my vision was a super highway of saucer aircraft flying around the united states. >> a super highway of flying saucers, which he says will be safer and cheaper than anything flying today. that's it from here. back to you. >> sounds like it's just around the corner, douglas. >> that's cool. we might be able to take one of those for our next vacation. >> that's traveling in style. >> apparently you're not taking all your hard earned vacation, america. you tell us. why do you need one? do you nee? >> do you need one. >> i was thinking maybe get that flying saucer and we're out of here. >> we'll have the best tweet next. before larry instantly transferred money from his bank of america savings account to his merrill edge retirement account. before he opened his firs

bmw, the owner of porsche, and mercedes numbers are up. the highest first quarter on record. >> thank you so much. joining us for more perspective on the market is the chief investment officer of capital than 30nt with more years of investment experience. good to have you on the program. give me a sense of what change. .eflation the u.s. economy is on a good trend, but there are worries in europe. >> one of the key concerns has been around the u.s. economy. seen where it affected. it seems to have taken a dip, and we are now in a rebound. the question is how strong is the rebound and is the dip covering something that is a little bit duller than people thought? people had very high expectations for growth in the united states this year, and i think it's quite possible all low growth will be better this year than last year. it won't match expectations. >> what does it mean with your investment strategy? are you a little more cautious on equities in the u.s.? they are certainly valued much more expensively here. >> they are. that's right. lo

. >> i think it's fun to see the brands like porsche and audi and with some engines and a special color and i think that's what monaco is about. there's a bit of everything for everybody here. >> as well as the more established names in luxury, this is a place for upstarts to catch a few eyes too. >> i can go over here. >> from denmark, this one has a top speed of 375 kilometers per hour. with another foreign production , this seems to be the place to find. >> where i live, they would look more on front, whatever. >> but it's not just carmakers looking for the next high-value customer. there's both helicopters, jewelry, furniture, water sport, and the world's most expensive facial. not to mention a private island resort. >> they are targeting the same clientele, people who love the finer things in life, so we believe it's the right platform to meet the perfect individual. >> this is rare, hard to make, or just not your taste, then top marks is probably the place to find it. tom gibson, bloomberg. >> ok, so imagine you're in monaco during the formula one place, and you want a place to pa

look at how well mercedes and porsche are doing. i want a piece of that pie, please.out it. maserati is doing well. the super bowl ad was fantastic. they are selling well in the united states. they're talking about a third shift coming in. they are still made in italy, which is good news. rari has been- fer taken upscale. there is something missing in their -- alpha romero. i wanted that for years. it is the only thing in my family. >> you have one in your garage. >> the ultimate male -- the alfa romeo, they are not luxury, but midrange. are some of the produce cars ever made. i spoke to the boss of maserati back at the geneva motor show and i am not sure he is full speed doing this, but he is kind of hinting at what they're going to do with alfa romeo. >> don't forget about alfa romeo. there is a lot of work going on and mentally, we still have a fence around it, but it work in progress. no talking. >> no talking. we are not allowed to talk about this yet. it is coming, but no talking. >> don't forget, dot dot dot. it fits in. isyou have ferrari, which ultra high-end

the front looks like porsche-like. the back is too high or square or -- anyway -- >> i like it.e it. i'm glad alfa is finally here. >> you can't fit your big toe in there. >> stop it with me and my size. >> get in there. >> i'd climb on top of that thing. >> sit in the back seat. >> you want me to get in the back seat? >> i do. >> the back seat, that's funny. real quick, guys, let me tell you about alfa romeo's return to the u.s. we've only been talking about the eventual return of this italian sports car brand since the chrysler/fiat marriage was put together in 2009. the 4c will be the first model seen sold here in the u.s., probably more likely in the fall time frame. the price tag, they haven't announced it yet but most are saying it will be in the $54,000, $55,000 range. i think it's going to do well. that's a sweet spot of the markets. i wouldn't call it entry level but it's in an affordable price range, especially when you consider how many people have been waiting for alfa romeo to return. it hasn't been sold in the u.s. since 1992. from their point of view, this is goin

monday tuesday wednesday we have a porsche hours. rain basically every day. every day rain. >> every week you give us a keeper but not this week. >> rainy and breezy. >> i have a car fire to talk about 1290. it's on the off ramp blocking the right lane. looks like everyone is getting through with no problems. that is it for traffic. everything else is looking good. welcome to the circus. >> good morning. we have some tech news to talk about starting with motorola. went to toward their new headquarters. 2000 employees. they have made the move back home to chicago. the company was founded about 80 years ago. the spent 30 years in the suburbs. they've taken over the top three floors of the merchandise mart downtown. completely redesigned. 75,000 square feet of research and design space. we talked with their senior vice president of human resources about this new space and what it means to the future of the company. >> we wanted an environment that was modern and ford looking focusing on collaboration. we think we got that. and being able to consolidate the labs.

the california trip celebrates the open race of italy with six classic jaguars, and 11 porsches and halferraris. sunscreen would be wise. >> and tomorrow down. >> nothing like driving a car like that with the top down and the wind flying through your legal met. >> good morning, everyone, san diego taking on the giants and nice: 60 at game time and dropping do 56. but the breeze will not be there. mid-to-upper 70's through the central valley and 59 and sunshine in lake tahoe and 91 in palm springs. >> what about helmet hair? >> tracy to dublin is 44 minutes and highway four is slowing down, antioch to concord is 21 minutes and 21 minutes from southbound is looking good. all bart trains are on time and muni and ace all looking good with clear conditions. >> tomorrow, the united states supreme court will hear arguments cell phones and privacy. one involves a california case. a gang member from san diego and a drug dealer from boston claim sevens from the cell phones after their arrest violated their privacy rights say this is their "home" and warrants are needed. the prosecution says the po

>>> and the real housewives of atlanta reunion show erupts into a brawl between two of the stars porsche williams and kenya moore, and the brawl led to the hair pulling, and sobbing and criminal charges, and this is going to raise a larger issue about the violence on the reality shows, and particularly when it involves women, and some say black women. we are going to talk to the founder of the blog young, black, fabulous. and get $100 off for every year of safe driving. we put members first. join the nation. ♪ nationwide is on your side life with crohn's disease ois a daily game of "what if's". what if my abdominal pain and cramps end our night before it even starts? what if i eat the wrong thing? what if? what if i suddenly have to go? what if? but what if the most important question is the one you're not asking? what if the underlying cause of your symptoms is damaging inflammation? for help getting the answers you need, talk to your doctor and visit crohnsandcolitisadvocates.com to connect with a patient advocate from abbvie for one-to-one support and education. >>> authorities in haw

but i bet they sold less porsches the day after that photo was taken. [ laughter ] >> jimmy: oh, my goshers this sunday. are you excited? are you nervous? >> i'm excited. but remember, i did the last -- your last test show before "the tonight show" started. >> jimmy: that's right. we did a week of shows testing just to make sure the lights work and the cameras work. >> yeah, and i remember you then. you were excited, but with a a slightly higher register of voice. just, "yes, good, yes! can't wait for it!" [ laughter ] >> jimmy: that's a good impression. not bad. >> that kind of panicked, high pitched excitement of, "yeah, i'm looking in order to sunday! it's soon, isn't it?" >> jimmy: it sort of feels like it, yeah. >> it's really soon. so yeah, hopefully, it will be good. i'm not panicking. >> jimmy: i think it's going to be fantastic. is the set built? is everything built? >> yeah, it will be fine. it'll be fine. it's good! there's going to be a set, yes! it's going to be great! yeah, it's just, as long as it's not terrible. that will be great. >> jimmy: it will not be terrible if you

liz: kim forest, oliver porsche. david: twitter down after-hours. it is down eight 1/2%. so far this year it has been down 33%? will it dropped enough tomorrow for some investors after the selloff to find it as a bargain? we'll ask somebody focusing in on this stock coming up next. liz: at 38.85, for the bid, david, pretty much at the 52-week low now. >>> 3d printing moving its way to 45% growth number in revenue last quarter but the street, unimpressed! the stock is also down this time about 9%. can 3-d systems convince investors that future is bright. we have "first on fox business" interview with one of those momentum stocks people loved in the past. david: that's right. nba commissioner banning clippers owner don sterling for life from the league. as despicable as this man's comments were, and perhaps as deserving as some of these sanctions as he is, does he have to be forced to sell a private company? that's the question. we're going to be asking a special guest on this somebody that knows magic johnson as well and his point of view. from you, did the commissioner ad

dave is happy to go to connecticut with the porsches and i'm not doing this anymore.ke the grandfather, like he takes the kids for the weekend and then he's like, and you can have 'em back. >> he made it clear that like he was happy with this choice. there was a very sort of warm vibe between the two of them and picking up on something that both of you guys were saying, colbert as colbert really wears his insecurity. he puts that forward and to me that's the most sort of dramatic departure from the colbert character which is overconfident, full of bluster, and a big bragger. so to me it was striking to see the level of insecurity that he's willing to wear and put out there, but one of the things that's always impressed me about him and that impressed me in this appearance is he's so quick. it's not just his time on the set piece that he's delivering, in an interview, he's quick, whether he's interviewing someone and reacting off of what they said or whether he's reacting from dave letterman. i think that will make him ultimately a real success because i always during

porsches intervened, but the cops were right. the old woman was in the wrong place. so she did what any good tammany district leader would have done. he gave the cops the orders. >> is though, justice was done on the lower east side. tammany had a way of getting under the skin of the city's elite, many of whom could be described as anglo-saxon supremacist. tammany politicians challenged the anglo-american sense is that the poor had only themselves to blame and charity should be reserved for those considered worthy of assistance. the legendary tammany district leader, state senator and aerial jobholder, george washington tech at once explained used his own money to help distressed families in his district. it was pointless to direct families to private charities. many of them are discussed with their ideas of character and virtue, something they shared of course but the administrator of famine relief. >> private charities would investigate communities and decided they were worthy of hope about the time they were dead from starvation. >> tammany's boss was similarly sk

. >> i like an old porsche. i don't know where that puts me. probably not a good place. this is the second hour of the pulse. we are talking about the galaxy s5. >> samsung's new phone hit shelves worldwide. will protect its place as the largest smartphone maker. to one >> we will talk of their top executives. angela merkel flies in the greece. good morning. it good evening to those of you in asia. a very warm welcome to those of you just waking up in the united states. i am guy johnson. >> we are live from bloomberg's european headquarters in london. the cheesy details behind the search for the world's best pizza. >> ouch. let's get to the top stories. samsung's latest device hits the shelf today. it is available worldwide. we have the details about the technology you will meet or not. let's talk about the other story. there is a mass selloff. i don't have one of the bands on me, but my heart rate is high. wall street in europe have no love for tech. tech stocks are hammered, getting absolutely hammered. they are coming off all-time highs. double-digit in percentage fig

now they are looking to compete with porsche and jag wire in the five figure price range.on that story coming up for you in just a moment. that's, one of the biggest obstacles to getting investors into renewable energy right now is that it is often very hard to understand. investors need to see how they might generate a return. are working bankers to package energy products and familiar structures like bonds so that investors can feel more comfortable. i would like to welcome back tim , as well as former sierra club executive director carl pope. one total -- wonderful to have you here. first, let's talk about things that cities can be doing, the easy stuff to try to improve their energy. >> i think the lowest hanging fruit is parking. if i look outside my window in san francisco, a third of the cars driving by are looking for a parking space. there is a vacant parking space on every block. so a driver could know exactly where it is in the right to that space and know how much it will cost. >> transportation a big issue. what about the way warp rations are burning fuel -- c

got challenger job growth -- we got challenger job cuts earlier, which saw a 30% drop after a 20 porscheine in the previous week. it correlates to a 6.6% headline rate. >> that would kick lower from 6.7%. youhe idea of arbitrage -- heard it mentioned a number of times, particularly about brad. whenever anybody thinks about michael lewis' book, it is a huge public service to jumpstart this debate -- whatever this debate is -- what about the real debate, which is that main street is dealing from the -- >> mainstreet does not trust wall street, and there are plenty of reasons why. >> read the complete essays by his critics in addition to his book, because everybody has been very fair. >> again, my takeaway, the distinction between people who trade fast and frequently versus others who are not necessarily manipulating or front running. >> thank you for watching, everyone will stop bloomberg "surveillance" on radio continues. ♪ . . . to bloomberg world headquarters. you are in the loop. i and betty liu. we will talk to actor tony hale about the hot trend. buster from as arrested development.

i talked to someone from mercedes and a porsche. these are luxury carmakers.love their franchisees and need them. took decades to build. a lot of them could see the option of adding direct sales model to what they already have. >> gm has been experimenting a little bit. you can go through all of the steps to get to the car and a couple mark is and what happens is you have to go to the dealer to finally get to the car. the dealer is the last step and then got -- >> the point is you have to pay them off. everys true of ford and major car manufacturer. you can finish the purchase process by yourself but are not allowed to get the car until you pay the delivery fee to the dealership. -- dos how they do but their business. >> a great customer. thank you so much. matt miller, our resident auto expert here. and also the>> a great customer. editor-in-chief. we will have to have you back on again. thank you so much. we will be back with much more. the opening bell adjust a half-hour. ♪ . . >> the we are about 30 minutes away from the opening bell. you are "in the loop.

bring it on. , theto my main argument porsche relatively unaffected. -- the portion of relatively unknown affected. you can say a number and a date, buddha -- but do not say it in the same sentence. i will step out of my neck as say, i will give you a reason why. i think for the state base exchanges, not the federal theange, and the future core parts of the affordable care act, the subsidies and insurance provided by the .xchanges will be like medicaid and lots of the characteristics and as i have said, as i wrote down here, it was like medicaid light. i have studied medicaid through my career. with tom graham. modestly irritated government program and i think that is what the aca will look like. economist, ir and am required to sound the other hand, a few features may be a bigger deal. what is the cadillac tax and the other is not neutral effects on employment-based coverage. opportunity as well as public exchanges. here the numbers. my assistant put this together in the best way she could. looking at the bottom line literally where we try to discuss the maximum potential of the populati

. >> the porsche are gone, roof, side -- porch is gone, roof, sidings. have somewhere to say. >> nine tornados reported, one touched down. the storms packed speeds of 365 miles per hour. trees and homes down, leaving homes damaged. storms are expected in central states this weekend. the big threat is on the plains where fears are sparked in tornado alley. meteorologist eboni deon is here with more. >> survey teaming will survey the damage in the carolinas. that system has cleared out. drying conditions, the area of low pressure lifting to the north-east. the rain across the north-east will wind down before the next round this evening. across the south-west an area of low pressure spinning. it will make its way east. as it does, it will tap into mexican moisture. all the ingredients coming together to produce a risk of severe weather, stretching from texas to the false. large hail, damaging wind and isolated tornados. that is for today. by sunday everything is a little further east, underneath the warm sector of a cold and warm front. this system will tak

it'd empowers and porsches to command so it has all those benefits if you make the data available. >> you alluded to the fact that betsey stevenson talked about the other executive action the president's going to do is around the collection of pay data. is there a way to collect it and still protect confidentiality to make sure to give comfort to employers and their information out on the street? >> you know many of these same employers collect data off the web and have no problem saying it's going to be completely confidential. there are lots of tools and tech geeks to modernize data and make sure it doesn't come out with identifiers. that is a smalltime technological problem to be able to do that. >> that is really very helpful. victoria i want to move to you because you have been part of it and initiative in boston that is address the wage gap in a completely different way of what i liked about it is it was a demonstration that everybody can do something. everybody has a role to play. amanda played her role. the chair placed the official role. we have the academic respective empire

looking at the new porsche, gt3, same type of thing, everyday driver cars that people are owning to get them into the showroom and get rid of the cars that they have, you kind of need an incentive, and if you're not going to do it, your competitor will, and that's what you're seeing happen right now the. >> that's what i was going to ask, eric. to what other extent are other brands coming up pressure because they have to offer incentive or capitalize on what may be some nervousness around the buying public? >> no doubt there is increased competition this year. we are seeing incentives going up, but at the start of the year we were projecting 16.3 million in total sales for 2014, and that would represent an increase of about 4.5% over the 2013 levels, so we think that auto sales still remain strong. >> yeah, they have got to, lauren, to meet some of these estimates. morgan stanley when they downgraded gm the other day among other factors said the reason is because they thought theu auto sector was deep. >> i don't think there's a huge dive in sales. consumers need cars. they have kept th

beauty and adding the amg brand to it and rockets from 0 to 60 in under four seconds, faster than a porschea pretty powerful combination. >> clearly this is on the high end. what about the low end? i'm curious. i see all the models out on the road now, steve. where are you taking that model right now, and i'm curious about hybri hybrids, too, will you ever do something like that? >> so the c-class, hybrids will eventful find their way. the c-class launch comes in september so an all new generation c which takes all the technology from the s class which just launched last year, and you'll see that in a c-class at a price point of under $40,000, bringing the technology from our high end product and eventually you will see it throughout entire industry. >> phil? >> one last question here, steve. you saw sales of greater than 300,000 vehicles last year, record year in north america, in the u.s. specifically. is most of that growth coming from the mass market brands right now, or is it coming from the other luxury brands that are out there? where do you see most of your growth? >> well, we're co

they want to drive around in cadillac trucks and porsches and they don't want to see anybody else driving these things. labor,ing in mexican their fathers or grandfathers fought in wars for this country. they don't want to pay people when i'm doing labor, i also have to do skill work and i'm not kidding paid for. host: joe, what of your wages been like? caller: they have been horrible. i'm down to $20 until i get paid again. it is horrible. food is going up, gasoline is want to dond all you is stay inside and hold on to what you have. really can't do anything. 80's, it seemed like my mother and father were working. in the 70's they were booming. sudden, all i see his money on tv. but i am just looking at it. host: how old are you? i am 42. in the early 90's i was making a good living working offshore in mexico. thatan, no one has seen type of money anymore, and you know what i'm saying? college? you go to caller: no. host: did you parents go to college? caller: no. my father worked on an 80 days. my parents made a good living for me and my brother and sister, but my brother and sister are

and take a spin in an $850,000 porsche. the new york auto show kicks into high gear. on thursday, it's the ceos of auto nation and sap. set your wakeup call for monday 6:00 a.m. eastern time. squab box gets you ready for the trading day ahead, and it's only on cnbc. baron of the build-out. you need a permit... to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. and only national is ranked highest in car rental customer satisfaction by j.d. power. (aaron) purrrfect. (vo) meee-ow, business pro. meee-ow. go national. go like a pro. make it happen with fidelity active trader pro. it's one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. >>> let's get down to the new york stock exchange. jim cramer joins us now. i'm just -- i don't know what to think, jim. i -- there's a lot of reasons to say this is not going to lead to anything more serious but the market does what it's going to do, doesn't it?