saudia arabia says it does not want to be a big oil power anymore.the details on a big change for the kingdom. >> patriots quarterback tom brady gets thrown for a big legal loss in sports and wheel explain. adam. >> 80's come tomorrow but also some information with low pressure into the great lakes. we're tracking some pop-up downpours and storms here tuesday. we'll have the timing in accuweather. >> okay add today. word on a popular item which might be banned in one new jersey shore town. that and much more when "action news" continues in just a moment. if your family outing is magical for all the wrong reasons. you may be muddling through allergies. try zyrtec® for powerful allergy relief. and zyrtec® is different than claritin®. because it starts working faster on the first day you take it. try zyrtec®. muddle no more®. do washinthey sure do,ans side because big oil pumps millions into their campaigns. bernie sanders is the only candidate for president who opposes fracking everywhere. why? because fracking pumps dangerous cancer-causing chemicals

. >>> president obama arrived in saudia rabia in an effort to scale up the fight against isis, the president met in the capitol, encouraging gulf allies in the fight, scheduled to meet with other leaders tomorrow. >>> there is more coming up on cbs 2 news at noon. forget the sweet treats why neighbors say this ice cream truck is hitting a saur note. >> a work of art now violating a town ordnance. >> how you can pick a name for the eagles! >>> flying through beautiful blue skies today, where is the rain we need? up. >>> the hunt is on for a man who, a man approached her behind the victim said he letnd her at knife point. police stepping up patrols >>> spring team means ice cream trucks are hitting the streets but one is getting the cold shoulder, aiyanna gold shows us white. >>> this ice cream truck draws plenty of attention in tribeca, saying it blasts until 11:00, one recorded it from their apartment on the 16th floor. others tell us they heard it from 32 stories up with windows shut. >>> how loud was this truck? >>> i'm almost on the top floor in the building and felt like it was right out

saudia arabia does not get to come in and tell us what laws we can and can't have. and neither does the state department. sharyl: president obama says -- the saudi embassy declined our interview with west and referred us -- request and referred us to a 2003 statement that says the idea they had knowledge of the attacks on 9/11 are -- is plainly false. still ahead, a surprising call to spend hundreds of billions of dollars to rebuild war torn countries in the mid-east. one senator says it worked to sharyl: the wars in syria, iraq, and unrest elsewhere in the mideast have created a humanitarian crisis, formed fertile ground for islamic extremist terrorism, and set off debates in the u.s. over what to do. leaders in europe are calling the flood of refugees into their countries the worst crisis they've seen since world war two. after that war, the u.s. led an economic recovery effort on europe's behalf called the marshall plan, named for then secretary of state george marshall. it was widely considered the most successful foreign policy initiative of last century. you m

tomorrow the president will be in saudia arabia for a persian gulf summit.stop in germany. on friday the president will spend some time with royalty in britain. he'll travel to windsor castle to deliver 90th birthday greeting to queen elizabeth, ii. he and michelle obama will join prince harry and the duke and duchess of cambridge for dinner at kensington palace. >>> an iowa woman hoping to find her bunch mother with a little help from social. she posted a picture of herself. she works as a nurse the the hospital where her then teen mother gave her up for adoption. the post has been chaired shared on facebook nearly 9,000 times and she says she's received a few messages from people who believe they may indeed know her mother's identity. >> hope she finds her. >> yeah. >> good way to do it. >>> coming up on "action news" how the michigan governor plans to prove to everyone in the water in flint is safe to drink. >> police in south jersey are trying to track down the vandals who enjoyed a statue of a roman goddess. more on that coming up when "action news" ret

go and quickly, gettingi prince said more details on the saudia /aramco.o bed the evaluation around $3 trillion. what can you tell us about this? would: they said they list less than 5%. you give the $2 trillion figure. that will drive the sovereign wealth fund. we will find out later today will begin out of this compound with some of the details. betty: all right, andrew, thank you. much more ahead on "bloomberg markets." season, keeping investors busy. we will gauge the corporate with scott wren. ♪ ♪ live from london and new york. i'm mark barton. betty: and i'm betting -- and i betty liu. you are watching "bloomberg markets." time for bloomberg business flash. -- home salesly unexpectedly fell for the third straight month. sales dropped 1.5% and plummeted in the west coast down 24%. the overall0% of residential housing market. halliburton unexpected delays suggest its merger with baker hughes may be called off according to a key bank analyst that says, an announcement of the state of the proposed merger could come from baker hughes's board as soon as th

past year, has been given a portfolio, by his father over the economy, the oil he wants to modernize saudia arabia. the 30-year-old son of the king. he has consolidated power. deputyofficially been crown prince, which puts him second in line to the throne. over the past year, he has basically been given a portfolio by his father over the economy. the oil industry, the defense ministry, and he is unveiling biggestpretty much the redo of the saudi economy for decades. he grew up wanting to be the next steve jobs. in the interviews he has given us, he talked a lot about technical revolution, what it means for people his age, 30-year-olds who constituted more than half the population in saudi. the biggest scoop to come out of this interview is -- we always knew they were under pressure over the past year or so, they are running out of finances. they had several hundred billion dollars of foreign reserves. what they told us is that a year ago, they realized their burn rate was giving them to a place that they would be bankrupt by early 2017. the imf was telling the world they would be out of it

. >>> the defense department says 9 detainees at guantanamo bay are being transferred to saudia rabia, calling a quote humanitarian gesture came ahead of the kingdom next week, now 80 detainees left at guantanamo. >>> fairway may be headed for bankruptcy by the end of may they are trying to keep most of its stores open. fairway reportedly lost millions of dollars in recent months. >>> under a new plan the salt water damaged l train tunnel will have to hold out for years the board quietly announced yesterday that repair work will start in 2019. gallons of seawater into the tunnel in 2012, roughly 56- miles of communications and power cabling need to be replaced. >>> the ground breaking musical hamilton enters unchartered territory once again making headlines for a profit sharing deal, have a tentative agreement that allows original broadway and off broad kay cast members to share in the profits that includes retroactive pay. lawyers are ironing out the final details. >>> a country star speaks out about his trouble with the law coming up on eyewitness news, zach brown's regrets and reve

saudia and -- saudi arabia and russia having an agreement. confirmed.f around $ 42.12.lobal economy will grow 3.2% this year as opposed projected 3.4% announced in january. lisa: the imf is is weak exports in sewing investments of damaged prospects in the u.s. a chief economist from the imf joins us now from washington with more. one thing i found most interesting is that the imf has stuck with the view that negative rates have generally been a positive for the economy. what would make you change that view? >> right now, we see negative of demandupportive and expectations, keeping expectations of inflation at bay. a big positive. on the negative side, there is a concern about profits and about insurance company pension funds. we do not see those as having major effects yet. for pension funds and insurance companies, negative rates, low the samepretty much thing. if we did see institutions like that running into problems down the road, then you might think again about the issue of negative rates. downgraded the u.s. from 2.1% to 1.9%. they recommended to the federal rese

it is tricky but those two are against this with the protesting too much speesixtespeesixte en we saudia get $700,000 from the federal government and the federal expenditures were higher what is the money from the government? >> it is from two sources that is part of the federal government to make the library's great but to the national endowment for the communities and to show the history of how he came to the king james bible and then to come around the country. also a to make possible for us is a tour of the big book of all 50 states and the two territories in 2015. so they take the book all over the country it opened it the to be or not to be speech with public libraries and museums and hopefully people will see the book may be just the source or the factory still have the books and to recognize is still speaks to us. and with those research projects. >> we are neither church nor state we can help members of congress or clergy but it is the misprint to the 10 commandments reading and so we won't name names but it is interesting to me is tough the ways you can talk about him better ve

this runup was tied to reports that saudia arabia and russia have reached a deal to freeze oil outputw watch news for this news this weekend when opec nations meet with other oil producers to discuss what to do about the glut of oil. >>> talking stocks, stocks rose yesterday it's a royal rallied to finish at its highest price of the year. right now futures pointing to a it higher open. report on retail sales due out today. facebook wants to help you shop. the social network says people who use its messenger chat service will be able to do everything from ordering flowers to shop for shoes. messenger will connect users with businesses by sending them direct text messages. if you haven't shopped for awhile the business can send you an offer on say app special deal to bring you back. it's part of facebook's broader effort to keep users engaged longer for advertising purposes. it's a little bit concerning when those ads pop up for things i looked for. i don't need the shower curtain. >> maribel i try to click them off in like record time like two nano seconds, i win. it's gone. youtube vi

obama in saudia arabia amid tensions in the relationship between two long-time allies. and much more. >> sreenivasan: prince was a pop icon, a superstar, but much more, embracing controversies and battles with the music industry. tonight, fans around the world are mourning the sudden andan shocking loss of one of music's greatest artists. ♪ 2000 party, oops, out of time ♪ the song and album were called "1999", but it was 1982 when prince became a pop superstar. the flamboyant performer, whose full name was prince rogers nelson, blended gender norms as well as musical styles, taking elements from r&b, funk soul and hip hop to help define "the minneapolis sound." >> he was such a singular virtuoso that he was able to take from all of these different genres and move really fluidly between the genres in order to create really what was his own sound, a prince sound, or is a prince sound. >> no! ♪ ♪ >> sreenivasan: over his nearly four-decade career he picked up seven grammy awards. >> before he created the music, he lived every bit of it. >> reporter: he he also won an oscar

of course, does better to have a relationship where saudia arabia and others it is primarily under the table in collaboration with their son indications to have the saudi senior princess with a security conference with the israeli defense minister of course, much of that has to do with the issue of legitimacy better relationship and a country like saudi arabia. so even in meetings with roosevelt and he was treated to a very strong statement of the palestinian problem and kissinger was allowed with that presence was not allowed. to save mr. secretary we accept as a human being. kissinger responded some of my best friends are human beings. [laughter] so not just anti-israeli but also anti-jewish it is very important in the region. is really turkish relationship could be a key to many positive developments turkey and israel had ups and downs in their relationship now of course, it is a down period in key to normalize the relationship knowing that it will be a close relationship has they ascended to power but to collaborate in places like syria and lebanon. >> i am from the wilson center.

the president continues talkst o today in saudia arabia focusing on syria and lib y he y is also set tend a regional summit before heading home. home yesterday he had a tensese meeting with king solomon over the best way to fight isis. >> the president of ecuador is taking major steps to help his country recover from saturday's deadly earthquake.aru he is pro he posin proposing a x increase.increase. well over 500. many survivors are living onin the streets in tents desperatees to find food clothing and clothn shoes. >>> in greece a three-year-oldel child is among the few who survived a shipwreck in the mediterranean sea. the boat went down last week w killing at least 500 onen boardb it took days for the survivors s to be rescued. around 150,000 migrantsnd reached italy by boa 1t last year. most of them from libya. lya >> well, out of the world ofor wrestling former wwe star sr known as chyna has died. her real name was joni lawrence.renc she was just 45 years old.ju she was found unresponsive innse her southern california homeorni yesterday. her manager said she had been sh on medi

next week the president plansprn to talk more about isis with w gulf leaders in saudia arabia.a. >> so-calledenza teenza t isn't getting out of jail any time soon. ethan couch was sentenced to set two years in prison.s in pri a judge ordered him to serve ser orns the four people that he killedal in a 2013 car crash.. now, initially couch was was sentenced to probation when he w was still considered a minorider but he violated his probationti last year and was laterer captured in mexico. mex couch turned 19 on monday. mon >>> sarah palin in thesara nation's capitol today for a a panel discussion endorsing an anti-climate change film.fil the documentary is called is cal climate hustle.climathustle. in the past the former alaskan a governor dismissed climate models that predict continuedt c loss of sea ice as unreliableell and unproven. the film will appear on appear capitol hill today and then the will be shown nationwide onon may second. >> a flight to staples center. thousands of fans family former players celebrities all a clearing kobe bryant on as hents stepped onto the court for theou las

. >>> president obama heading overseas heading to saudia arabia. americans could sue the saudi government if there's evidence that they played any role in the attacks. 28 pages of that report dealing with the actions of the foreign officials remain classified. president obama said that the decision will come soon on whether or not to make it public. 15 of the 19 were citizens of saudi arabia. >>> the wife of johnny depp, her and her husband faced a judge in australia yesterday. she faced more serious illegal immigration charges with a possible penalty of ten years in jail. the couple brought their dogs to australia in their private jet last may. but has very tough quarantine rules to prevent things thing into the country. >> i'm truly sorry. protecting australia is important. >> declare everything when you enter australia, thanks. >> some people compared the low-tech video to a forced confession. >> officials said that the video would not win any academy awards but they're happy they are taking the laws seriously. >>> bringing in alex, a lot of peo

. >> oil prices are rebounding on word that russian saudia rabia could be working on a deal to freeze oil production that sends energy stocks higher the nasdaq rose 38 the big bang starts to report earnings for the last quarter we'll hear from jp morgan change over all expect low, earnings expected to fall 10% compared to last year. american apparel is laying off hundreds of workers and might move some of the manufacturing outside of los angeles, so far 500 workers lost their jobs the company says the clothing will still be made in america, american apparel emerged from bankruptcy in february. >>> hamilton, now the book is all the buzz hamilton creator new book about the show went on sale yesterday and would you believe it is already out of not seen the show have either of you guys seen it? >> it is terrible. it is dynamite, you need to go. it is just that good. everything you are hearing. all right jill thanks so much. >>> up next, a search for alien life how a group of big names hopes to make contact. >>> a type of cancer on the rise but doctors have a chilling new treatment. >> fir

. >>> saudia rabia responds to a 60 minute reports, we investigate how truck and bus drivers with medical conditions can get behind the wheel. a controversial chemical in some popular food cans. >> a dean shares secrets of choosing the right college. the news is back in the morning we'll see you in a few minutes. >>> we'll see you then thank know before you go, next. thank you for dining with us. hope to see you again soon. whoa, whoa, i got this. just gotta get the check. almost there. i can't reach it. if you have alligator arms, you avoid picking up the check. what? it's what you do. i got this. thanks, dennis! if you want to save fifteen percent or more on car insurance, you switch to geico. growwwlph. it's what you do. . >>> here is what you need to know before you go. rutgers university on edge after the fatal shooting that left a fellow student dead. a second victim also injured authorities are looking for two men seen leaving the scene police do not believe this was a random shooting. >>> new york's primary a week from tomorrow, today hillary clinton will make stops on long island