thank you, jack gerard, ceo of the american petroleum institute. will be right back. ♪ >> one stock we are watching today is credit suisse. the swiss bank posted its biggest quarterly loss since 2008. a member, they recently paid to settle a u.s. tax investigation. manus cranny sat down with ceo brady dougan in zÜrich today and he started by asking him whether the size of the fine surprised him. >> obviously, this has been a long-running issue. these are events that happened a long time ago. we spent a lot of time fixing this business and cleaning it up, and then we spent a long time actually working through the resolutions. that was a long sweep of time for an issue like this. where we ended up was a very significant find, a significant impact on the business overall, but most importantly getting it behind us was something important for us as a business, and obviously this was our biggest litigation or regulatory issue, so getting it resolved was very important. >> that is resolution from the corporate point of view. there is an article from "the n

the american enterprise institute. fund by some 1,200 donors including exxon mobile, the american petroleum institute, the walmart foundationshs the pharmaceutical industry and the chairman of the carlisle group. that's the global private equity firm with the touch of minus. it's not love that give these powers their clout in washington. it is money. so what's this former professor of the french horn, yes, the french horn, up to and how did he reach the top of the conservative pecking order in washington? one thing by teaching business, government and economics for years at syracuse university. for another, by writing ten books. this is the most recent "the road to freedom: how to win the fight for free enterprise." and by his own pill gram grimmage to understand how human beings are more than the sum of their material ap tights. last year he went to india to meet with one of the great spiritual shepard z of our time prompt i prompting the vanity fair magazine to ask why was the dali lama hanging out with the american institute? a good question given that the dahli lama paid a visit in washington. arthur brooks, welcome. wh

waythe head of the american petroleum institute. ter contamination, the company says okay, we will give you some cash, supply you with some drinking water all you have to do is sign this agreement, and that forbids you from discussing this with anyone, and there was a famous case in pennsylvania last year, where that including two teenager children that couldn't even write a book report about fracking as a result of this gag order. so what we see is the inability of families to talk freely and candidly about experiencing with pollution from fracking, and so one thing that we need to do in order to help the public policy debate is free these hundreds of families across the country, from these gag orders including in these agreements. that money real hi talks so if you look at this man, who is telling me that he makes big money in this industry, it puts food on his table, it is important to him, and you can see how getting money might be what might silence somebody in an issue like this, but what are some of the alternatives in karen t

upgrades in that two year window that the obama administration is talking about and the american petroleum institutepushing back on a regulatory study that came out last month saying the bakken crude is more dangerous than other forms of crude. the other side of this debate, advocacy groups say two years isn't fast enough. we need to get these changes made a lot quicker. >> libby casey, thank you. >>> coming up next, the costa concordia, the survivor that managed to get on the very last rescue vehicle. and the fight is underway for the families of victims of flight 17. >> good evening, i'm meteorologist kevin corriveau. we have a couple of bumpy stormy places across the country. we have a line of strong thunderstorms maine to virginia. with these thunderstorms we have seen quite a bit of wind damage coming out of here. take a look. yellow dots, northern new hampshire, new york, massachusetts. we're not done yet. this is going to continue to make its way towards the east. if you are at the airports, la guardia, newark, one hour to one hour and 30 minutes of delays. massachusetts, connecticut, new yor

offering pushback from the american petroleum institute, responding to a study from a u.s. latory agency, saying the crude is more volatile - they don't buy that. we see some citizens groups saying two years is not fast enough, they want the changes faster. >> libby casey in washington. >>> a huge upset. a businessman who never ran for government before will be the next candidate for senate. >> david prideaux was a self-acknowledged political novice, he beat 11-term congressman to win georgia's primary campaign. >> i believe there's a lot of people looking at washington and thinks there needs change. no one believes the founding fathers realised the career politician. >>> elections have consequences and the georgia result could be a problem for the u.s. chamber of the comers. they went negative against prideaux, and one called him "losing, desperate and crying like a baby", and a baby wailed in the add. the chamber removed the ad and is engaging in damage control after spending $23 million against prideaux. his supporters say the campaign attacks will not be forgotten. he'll

a graphic from the american petroleum institute "the best science and data tonight support recent speculationt crude oil from the bakken friends a greater than normal risk." they're calling on you to get your science right. do you feel you have it right? >> yes, i do. some folks say we're moving too slow, some say too fast. we're probably in the right place. we look forward to the comment period and listen to what folks have to say. >> brown: what about the the issue of speed? are there's a question of 40-mile-per-hour speed limit which i gather now the railroads have accepted within urban areas but the question is whether you should expand that countrywide. >> yeah, the question is do we have a 40-mile limit totally, everywhere, do we have a 40-mile limit around certain parts, given population differences? do we have it just in urban areas. that type of challenge is not just a challenge inherent to this issue of crude by rail. there is an issue of what it does to other commodities, grains, rail, corn products moved by rail. so, again, this is a place where we'll listen to input from a variet

the american petroleum institute is pushing back against a report saying that the bok and reserves are more volatile than crude oil. over the two months, user groups can weigh in. community groups concerned about oil aring rolling through the towns. saying that two years is not fast enough. that's libby casey in washington. >> the head of the government lab involved in the anthrax scare stepped down. michael farro had been with the agency since 2009. last month dozens of c.d.c. workers may have been exposed, and there's no reports of infection. >>> a medical procedure to protect women from cancer may be putting them at risk. according to columbia university, a device used could spread uterine cancer. the study supports a government safety that concluded using that device is risky, and joining us to talk about this is dr debbie from n.y.u.'s school of medicine. good to see you. thank you for being with us. >> what is this device, what does it mean. >> the device is called a more solator, you are cutting up fibroids, to remove them from the person's body. the idea here, a fine roid is an

the failed subprime mortgage giant, washington mutual, the lobbying arm of big oil, the american petroleum instituten of defense contractors seeking to lower corporate tax rates. gillespie's firm also lobbied for one of the leading opponents of the minimum wage increase, the u.s. chamber of commerce. joining me now is counsel to bill de blasio, maya wiley. >> good to see you, alex. >> your minimum wage job is your first job and it allowious to have a beer after work and play softball. this is a narrative that has found quarter in republican circle, but it's a totally false narrative, is it not? >> it's completely false. i wish the woman, for example, who have children working at kentucky fried chicken making $8 an hour which as we know is 75 cents higher, more than the minimum wage and trying to figure out how they're going to feed their families at the end of the month would feel about that comment since they're worried about putting food in their children's stomachs and not a beer to their own mouths. >> just think about the economic impact that people have a living wage in this country and there'

mind you, they have risen -- doubled under president obama's watch, and according to the american petroleum institute americans are already paying 50-cents per gallon between state and federal taxes. it's a bad idea. >> brings up the question of timing. this hasn't been raised -- this gas tax -- since 1993. why should we do it now? >> i -- not like i think this is a good idea. i do not. this is a quick fix. we need beyond a quick fix. the fund is running out of money, who when you think that up to 700,000 people could lose their jobs it demands we sit down, series youly, and stop improvising and stop taking this as an opportunity to debate policy, and figure out how to pay for this. this is a serious problem. these senators are not the first ones to propose this. we have had proposals to basically cut back delivery in the postal service. there's a lot of -- >> this is focused on the roads, though, and lisa, j acre is bringing up an interesting point. jobs at stake and the safety of the roads and bridges. if we're putting ourselves at risk do you think it's worth a little extra money to make sure that

tomorrow, i talked to the ceo of american petroleum institute. we will talk about the u.s.y market and why the industry is not getting enough support from the president or congress. we will also talk about how energy companies are dealing with the crisis in ukraine, as well as russia. that is tomorrow at 8:00 eastern. have a great morning. ♪ the hour, which means we are on the market. we are 30 minutes into the trading day. let's get you caught up on where to stocks are trading. equity markets -- in the red following friday's rally. seems like investors are reawakening. onsre are rising tensi with russia and the fact that israel has escalated the ground war in gaza. equity markets are broadly lower. also, very much back on earnings. s&p 500 companies will be reporting this week. we heard from allergan, who sales topped estimates. they said they would cut about 1500 jobs today. keep an i out for earnings from chipotle and netflix. for more on the markets and what is driving them, i am joined by mike reagan. mike, it was incredible last week, given all of the headlines. terri