the place, like so much of detroit, invites it. t, sifting through the remains of detroit's great american ongoing tragedy, photographing them, posing in front of them is something of an irresistible impulse. detroiters hate it. all the visitors like us, i should point out, wallowing in a ruined porn. >> what is this part of the factory? where are we standing? >> this right here is where the assembly line was. this was a paint booth right here, they'd paint the cars. you can see in the floor where they have the wash for the overspray. something that ended 35, 40 feet over here. there's bridges here between the main building and the assembly lines actually came across the bridges. you'd get the possibility of an assembly line three quarters of a mile long. >> you're talking hundreds if not thousands of people all working on the process. >> yeah. >> this is sort of kind of a -- it's not a perfect model for detroit but it's a perfect model when a big factory goes down, it's not just 33,000 people. that's 33,000 families who are going t

the puck over. quick counter for detroit. henrik zetterberg, composure, then the quick hands right there from dylan larkin. well, great job by jeff blashill getting his goalie out. they go on the attack. babcock told his players what they wanted. look at all the blue sweaters down low. because of the turnover by van riemsdyk, the puck doesn't come out and ends up going in the net from dylan larkin. >> john: the detroit boy, dylan larkin, with his 11th goal of the season. that leads detroit. coreau for now. 1:40 on the clock. puck deflects. we get a whistle with 1:40 left. >> pierre: well, i saw him talking with jeff blashill, and as soon as the puck is in the offensive zone, coreau's coming again. he's well aware of it. if the puck was being faced off in front of the toronto bench rather than the detroit bench, i bet coreau would be halfway. he's still in his crease because of where the puck is being dropped. >> john: a spy on coreau. kadri. and zetterberg on the draw. tomas tatar jockeying for position with leo komarov, that'

we have spoken to a lot of people about the detroit motor show. let's move on. in other news... ve been questioned as part of the corruption probe surrounding south korea's impeached president, park geun—hye. it's reported that they're being treated as witnesses. the electronics giant is accused of giving large donations to non—profit foundations operated by a close confidante of ms park, allegedly in exchange for political support for a controversial merger. ms park denies any wrongdoing. us authorities have arrested a volkswagen executive who faces charges of conspiracy to defraud — this according to the new york times. 0liver schmidt led volkswagen's regulatory compliance office in the us. the report suggests he was arrested on saturday by fbi officials. if confirmed, mr schmidt could become the most senior volkswagen employee to face criminal investigations relating to the emissions scandal. venezuela's president, nicolas maduro, has announced a 50% increase in the minimum wage. it's the fifth increase in the last year and is supposed to help venezuelans, who are struggling t

the goal. drew mill ever for detroit. holding onto it through the slot. comes all the way back. a turnaround shot by ouellet. kicks wide. roman polak has it for toronto. and out they come. veteran now. jared coreau likes to move the puck. sails out to center. played along the boards by ott. brought in by frederik gauthier. martin for toronto gets to the corner. ouellet. all over him. a pinch by jake gardiner. soshnikov along the boards muscled by jonathan ericsson. he'll grind it through the slot. taken care of by drew miller. gauthier. utilizing his big frame on miller. got to it. a loose play. hunted down by nikita soshnikov. side steps a hit from john than ericsson. along the boards. ott barrels into gauthier. it's really heating up here in this third martin runs into him. sticks high. drew miller attempts to wedge it out. as the crowd is certainly -- >> pierre: here we go skp. right in front of me. >> john: stay out of it, pierre. steve ott and matt martin. from the former new york islander, matt martin. >> pierre: talked about it before, matt martin understanding his role.

the goal. drew mill ever for detroit. holding onto it through the slot. comes all the way back. a turnaround shot by ouellet. kicks wide. roman polak has it for toronto. and out they come. veteran now. jared coreau likes to move the puck. sails out to center. played along the boards by ott. brought in by frederik gauthier. martin for toronto gets to the corner. ouellet. all over him. a pinch by jake gardiner. soshnikov along the boards muscled by jonathan ericsson. he'll grind it through the slot. taken care of by drew miller. gauthier. utilizing his big frame on miller. got to it. a loose play. hunted down by nikita soshnikov. side steps a hit from john than ericsson. along the boards. ott barrels into gauthier. it's really heating up here in this third period. ouellet down deep. martin runs into him. sticks high. drew miller attempts to wedge it out. as the crowd is certainly -- >> pierre: here we go skp. right in front of me. >> john: stay out of it, pierre. steve ott and matt martin. from the former new york islander, matt martin. >> pierre: talked about it before, matt mart

detroit in context. in 1950 there were 1.8 million people living in the city of detroit. today there's less than 700,000, 675,000 roughly. anyone with any means in the city of detroit has -- with school-aged students has basically left the city, and the students -- the students there today -- >> i'm sorry, with respect, i'm not asking for a history of detroit. what i'd like to know -- what i asked about was the last 20 years of school reform you've been so involved with in michigan. >> yes, but you are referring specifically to the detroit schools. >> right. >> and the reality today is that 8 out of 10 students in detroit are living in poverty. nobody accepts that the results in detroit overall are acceptable. there's cheerily room for a lot more improvement. but the reality is that more than half of the -- >> i'm sorry. i'm not going to get a second round of questions. what have you learned about the failures of the detroit public schools and detroit charter schools that has informed your decisionmaking as the secretary of education? what went wrong there that's going to

detroit in context. in 1950 there were 1.8 million people living in the city of detroit. today there is 765,000 roughly. anyone with any means the city of detroit with school-age students have basically left the city. the students there today -- >> i'm not asking for a history of detroit. way would like -- what i asked is the last 20 years of school reform that you have been ode so involved in michigan. >> you were referring specifically to the detroit schools. reality today is 8 out of 10 students in detroit are living in poverty. nobody accepts that the results in detroit overall are acceptable. this clearly room for a lot more improvement. bust reality is more than half of the -- >> i'm sensitive because i'm not going to get a second rounds of questions. what have you learned about the failures of the detroit public schools and detroit charter schools that has informed your decision making as the secretary of education? what went wrong there that will go right in cities all across america as a result of your philosophy of how we ought to move the country forward. >> i b

of course we are at the detroit motor show. latest from there as the week progresses. let's talk about what is going on in australia. shares in australian mining companies have been falling sharply today in sydney after the government warned of a dramatic decline in iron ore prices. iron ore is a key ingredient in steel, and one of the country's major exports. let's go to sharanjit leyl, who's in our asia business hub in singapore. talk us through this warning any immediate impact for financial markets. the impact on financial markets. the impact on financial markets is that we are seeing those australian mining company shares falling, like fortis kiss you —— fortescue falling nearly 4%. the department of innovation and science said they would be a dramatic decline in iron ore prices. it projected that iron ore prices in two d oze n projected that iron ore prices in two dozen 18 would be almost half the current level of 80 us dollars a ton. the current price, bear in mind, is being supported by resurgent demand from china. the

a live from the detroit ougauto show. >>> it's monday, january the 9th, 2017.ou're watching "world wide exchange. "on cnbc. ♪ ♪ it's going to be all right we don't even have to try ♪ >> welcome back to "world wide exchange" on cnbc. let's check in on global markets this morning. after another solid week for stocks, the dow came less than a point away from 20,000. high drama in the stock market. right now we're seeing futures having a mixed picture. there we go. dow futures slipping to the negative territory. they were up a few points half an hour ago, now down two. nasdaq futures remain positive, three and the s&p 500 futures down one. tech was a strong performer last week. as this continued rotation pushing the overall industries higher. >> and nike up 6%. big loser last year. 10 out of 11 s&p sectors led by health care. so by the end of the week we ended positive territory but with a lot of rotation out there that goldman sachs having been a big winner. >>> and the dollar picks up strength this morning against the yen about 2/10 of a percent and stronger agai

busy night, packers win the division. 31-24. coming down to detroit, meeting the lions. and cris will wrap things up from detroit after this. >> everybody, congratulations. nfc north champions, five times in the last six years. okay? that says a lot. eighth time in the playoffs, so forth and so forth. i can't tell you enough about that fourth quarter reminded me so much of our season. so, outstanding. cross the first threshold. now, we're in the tournament. okay? congratulations. [ cheers and applause ] >> with good reason to celebrate for the packers, it will be a happy trip back. and the guys will get to seattle. seattle after this. zero really can be a hero. get zero down, zero deposit, zero due at signing, and zero first month's payment on select volkswagen models. right now at the volkswagen sign then drive event. not everyone speaks sriracha. sree-ra- cha? but when a fan says sriracha they want a sriracha chicken sandwich with sriracha jack cheese sriracha infused aioli and a sriracha bun. wendy's spicy sriracha chicken sandwich, for a limited time. heineken has be

introducing new models, the biggest presence at the detroit auto show is president-elect donald trump. he is not visiting, about you on the mind of everybody here who realized trump wants more auto jobs created in the u.s. and not overseas. they announced plans to hire 2,000 fore workers as it expands jeep production in michigan and ohio. president-elect trump tweeted about the decision, saying it's finally happening. fiat chrysler announced plans to invest $1 billion in michigan and ohio plants and 2,000 jobs. >> the timing may have coincided with the emphasis that trump is making on american-made products and american production. backing the substance of the announcement was not happening for months. >> it comes a week since they added a plant in mexico in favor of expanding a current in michigan. they will build a new version of the bronco suv. >> there is a lot of love out there and going to lots of websites on bronco advocates and we are bringing that back in 2020. >> the ceo said her company has no plans to change where it builds vehicles which includes mexy coe. gm and fiat chr

the home team explodes to three in this third period. detroit had a 1-0 lead after two and a goal by anthony mantha. toronto goes low in the detroit zone. kronwall taken down. dylan larkin away from mitch

busy night, packers win the division. 31-24. coming down to detroit, meeting the lions. al and cris will wrap things up from detroit after this. >> everybody, congratulations. nfc north champions, five times in the last six years. okay? that says a lot. eighth time in the playoffs, so forth and so forth. i can't tell you enough about that fourth quarter reminded me so much of our season. so, outstanding. cross the first threshold. now, we're in the tournament. okay? congratulations. [ cheers and applause ] >> with good reason to celebrate for the packers, it will be a happy trip back. and the guys will get to seattle. seattle after this. zero really can be a hero. get zero down, zero deposit, zero due at signing, and zero first month's payment on select volkswagen models. right now at the volkswagen sign then drive event. not everyone speaks sriracha. sree-ra- cha? but when a fan says sriracha they want a sriracha chicken sandwich with sriracha jack cheese sriracha infused aioli and a sriracha bun. wendy's spicy sriracha chicken sandwich, for a limited time. heineken has

the good thing about being a lifelong fan of the detroit lions is that the experience teaches important life lessons. for example, how to deal with severe and ongoing disappointment. i have learned that humor helps. who knows the difference between the detroit lions and a dollar bill? it turns out that from a delano -- dollar bill you can still get four quarters. thank you, i will be performing all week. let's talk about football and theodore roosevelt. i like to start with a statistic. in 1905, 18 people died playing football. in 1905, 18 people died playing football. so we hear a lot about the problem of concussions and head injuries and the health effects of all that. that is a controversy of football today. that it has nothing on the challenges that football based a little more than a century ago. so let's go back in time. in 1876, theodore roosevelt attended his first football game. he was an 18-year-old regimen at -- freshman at harvard university. he got on a train with a bunch of friends and they want to new haven it, connecticut where they watched the second ever football game

on the big names are there in detroit. esenting the latest models, including the cities, whether -- mercedes. but there is a distinct feeling of unease because of donald trump. fiat chrysler has said it will create 2000 jobs. ford will expand in michigan and has canceled a plan to build a factory in mexico. german carmakers have also been heavily investing in mexican plants. earlier my colleague monika jones spoke with the head of sales and marketing for bmw. she asked him if it was true that bmw will be standing by its mexico and bell -- investment under donald trump. >> that's correct. mexico will be one of our will -- our world production sites and we're continuing to invest in north america. our largest plant will be even bigger. we are further investing $1 billion. reporter: how do you deal with the incoming new administration in the united states? what is your business strategy? >> as i said, we are a big investor in north america. we have around 9000 direct employees in south carolina. around 70,000 across north amer

, the biggest presence at the detroit auto show is president-elect donald trump. he's not visiting the show, but he's on the mind of everybody here, who realized trump wants more auto jobs created in the u.s., not overseas. so fit@chrysler has announced to hire 2,000 more workers as it expands jeep production in michigan and ohio. just announced plans to invest $1 billion in michigan and ohio plants, adding 2,000 jobs. >> the timing may have coincided with this incredible emphasis that trump is making a -- sort of america-made products and american production, but in the substance of the announcement was inside the house for months. >> jeep's move comes weeks after ford scrapped plans to add a plant in mexico, in favors of expanding a current one in michigan, where it now says it would build a new version of the bronco suv. >> there's a lot of love out there. you go to lots of web sites on bronco advocates, and we're bringing that vehicle back in 2020. >> reporter: the fact is america's appetite for suvs and trucks has never been greater. they were the driving forc

and the top picks at the detroit auto show, car of the year, truck of the year and new for 2017, thean to win. >> also, the diet plan good for your waistline and your brain. cecily? >> we have an unsettled streak in the forecast. >> ducis rodgers with a coach kicked from the nest and villanova's new spot in the top 25 when "action news" continues tonight. ♪ ♪ ♪ ♪ ♪ ♪ with simply right checking from santander bank, just make one deposit, withdrawal, transfer, or payment each month to waive the monthly fee. and there's no minimum balance. you're alright with simply right checking from santander bank. ♪ are you feeling alright, baby? ♪ >> after three similar home invasions in chester county, police are trying to connect the dots. investigators think there is a good chance the latest break in last thursday night is related to a pair of cases in november in nearby chester springs. in all, two armed men wearing masks demanding cash and valuables. >> this is an incident that rattled the community here. clearly we have two dangerous individuals willing to go into the home of a stranger and r

the detroit auto show but the billion dollars investment. let's check in on u.s.stockmarket features. s&p down one. nicole: breaking news this morning. the this morning. the data comes in the third of a point. 19,099.3 before falling back. 37 points away from the milestone. good morning to you. nicole petallides. lauren: lauren simonetti. much of the overnight session and we will ask the chief investment officer bob morgan if earnings season blessed out of the 20,000 mark. features are muted to dow futures down nine points. nasdaq futures at two. nicole: in japan, stocks were close. shanghai composite index up half of 1%. crude prices had a big week last week. getting back over 1.5% to $53.10 a barrel. nicole: 2.40% this morning. lauren: a top aide says he expects the intelligence agency conclusions that russia interfered with the u.s. presidential election with the senate majority leader says upon the care will be repealed this week and the replacement plan coming to. nicole: fiat chrysler will invest a billion dollars in the u.s. and create two dozen new auto jo

and the top picks at the detroit auto show, car of the year, truck of the year and new for 2017, theinivan to win. >> also, the diet plan good for your waistline and your brain. cecily? >> we have an unsettled streak in the forecast. >> ducis rodgers with a coach kicked from the nest and villanova's new spot in the top 25 when "action news" continues tonight. ♪ ♪ ♪ hello, peco. so i'm calling to see if you can help me save on my energy bill. we can do that. great. i live in a post-war, pre-war, mid-century home and the heating system is a turbine, hvac, reverse hydrogen, boiler pipe unit. well sir, i can see that you live in a twin and based on the size, your usage has been spiking. ♪ that's exactly what i thought. if you're not an expert, peco can help. we have lots of ways to help you save energy and money. peco. the future is on. >> after three similar home invasions in chester county, police are trying to connect the dots. investigators think there is a good chance the latest break in last thursday night is related to a pair of cases in november in nearby chester springs. in all,

who knows the difference between the detroit lions and a dollar bill? it turns out that from a delano you can still get four quarters. thank you, i will be performing all week. ands talk about football theodore roosevelt. i like to start with a statistic. in 1905, 18 people died playing football. in 1905, 18 people died playing football. so we hear a lot about the problem of concussions and head injuries and the health effects of all that. that is a controversy of football today. that it has nothing on the challenges that football based a little more than a century ago. so let's go back in time. rooseveltheodore attended his first football game. 18-year-old regimen at harvard university. he got on a train with a bunch of friends and they want to new haven connecticut where they watched the second ever football game played between harvard and now. in the history of college sports, there are a great rival or two. alabama has offered. harvard has yelled. let's remember that the ivy league is an athletic conference. in 1876, they played their second ever fo

the future. phil lebeau, detroit. >>> all right. joining me now is anna marie budston, auto analyst, and we have nancy who has come into the studio. senior management at vw, they have authorized, we know that they authorized the hiding of this emission cheating device. at the same time vw plugging new vehicles as well. how does this balance up? how do you see what's happening with vw? >> it's interesting. if you look at their share price, it hasn't had much of a negative impact so far at all. i think actually seeing someone arrested and being held accountable, the fact they're still negotiations a settlement in the u.s., it almost feels like we're starting to see the beginning of a resolution. people are being held accountable and trying to make amends me amends and also lunching new models that could help their product mix. so far it's going quite positively. >> it is incredible that vw's former head of compliance in the u.s. apparently was in on this, knew about it. >> yeah. this is a big point, because initially when the news brok

we'll be right back. ,,,,,,,,,,,,,,,,,, that news from the detroit auto show... o has been >>> ford is bringing back their classic four by four. >> that news from the detroit auto show. the four by four has been out of commission since 84. but the company decided the bronco will return in 2020. that's the new ranger coming back. the small pickup truck was taken off in 2011. expected to start selling again in 2019. >> i'm intrigued for that four by four. >> see you at 6:00. ley: heading for the hill. the trump cabinet prepares for a confirmation showdown in the senate. >> i think they'll all pass. >> pelley: and what about hiring a son-in-law as a top adviser. >> well, we'll talk about that on wednesday. >> pelley: also tonight, u.s. tanks roll into germany. amesident obama's parting shot at putin. in florida, the manhunt for a cop killer. >> if you are assisting markieff lloyd evade capture, you will be criminally charged. >> pelley: and the airport massacre suspect speaks in court. plus the future leader of the free world versus a holder of the golden globes. >>

look at the when yearlong investigation by the detroit free press that revealed rampant problems in the state for profit charter schools. corruption, cronyism, a poor performance and lack of accountability. that to is the legacy. back when i taught in topeka had heard colleagues and classmates, they would say often you cannot just talk the talk, you have to walk the walk. so for a secretary of education that means to do all you can to strengthen and improve public education and to do that you have to experience it if you have to be willing to walk the walk and as the former secretary of education in virginia, to that end i extend a challenge and invitation to teach 20. spend some time in public schools. there is no substitute to see firsthand what works in public schools in those indefensible conditions that many students and teachers have been due word. come to some of the places that they are working out their hearts for students come to westford jeanette eighth poorest county in our country where many voted for donald trump, a county where leading at public-private partnership to rep

then we're headed to the detroit auto show. you will hear from what might be, might one of donald trump's next tweet targets, ceo of honda motors will join us. as a huge part of the nation digs out from a major storm, we're talking snowmobiles. ceo of polaris. bundle up. "power lunch" starts right now. >>> welcome, everybody, to power lunch. happy monday. i'm melissa lee. dow taking a bit of a breather after coming so close to that 20,000 mark late last week. nasdaq is the big market story at this hour as the index continues to hit record highs. apple is hitting a fresh two-year high as it celebrates the ten-year anniversary of the i-phone and strength in the chip stocks with nvidia and applied materials solidly in the green. >>> i'm tyler mathisen. welcome to "power lunch." here is what else is happening at this hour. hundreds of people expected to have to evacuate their homes as one of the worst flooding disasters in a decade hits parts of california and nevada. they're nahappy in snow country but lots of serious weather out t

this team had a chance to beat the detroit lions, the dallas cowboys, late game fumbles led to lossesf missed opportunities. they could have beat the bengals, three road games lost opportunities that i think they should have won. >> zach irts two touchdowns can they be successful if he's the main target? >> it's the number one priority offseason. zach and carson wentz got on the same page late. carson wentz missed most of the preseason. zach was injured early in the year. when they got chemistry going, it was a good connection for the philadelphia eagles. >> now to full highlights with jeff scaversky in the zone. jeff? >> new year's resolution, beat the cowboys with a positive out look 2017. not only do they start off on the right foot doug pederson believes they are close to being a playoff team come 2017 season. let heaps so. eagles have been painful to watch but mike trout supports the team. second quarter against dallas, tony romo comes in first game in a year. fans booing. eagles down 10-3. then mark sanchez comes in for the cowboys. sanchez not as lucky. he has more completions

we are the largest bank in detroit. e national bank for detroit started by general motors in 1934. in the depression, most of the banks were closing. general motors needed a bank in detroit, that bank merged with first chicago which merged with j.p. morgan chase, so here we are the largest bank in consumers, small business, middle-market. we bank all the major institutions, hospitals, major companies here, and the government, so it is an important town for us. it is probably one of the only towns in america that did not have a renaissance in the 1980's, 1990's, 2000's. most other places did. so this has been a train wreck that we knew was coming for 20 years. it shows you the worst part of bad public policy. you can throw money at it, and it took a train wreck to happen to bring in the mayor with the skills to get this done. we can help the city, and it helps our business. it could be a shining example of the right way to do things in societ and for us, it was a tt do this here, remember, we bank here. we need a healthy,

coming up, something unusual at the detroit auto show. hydrogen powered truck for the military. >> they offer the opportunity to drive very quietly. it is electric motor so it is very high torque of a very good for off-road capabilities. nicole: now a part of everything. why would anyone pay $2000 only in new york. checking u.s. stock futures ended the opening bell. dow futures slid by 38, nasdaq lower by 12. you are watching "fbn:am," your first look at morning markets and breaking news. stay with us. ♪ the east and the west are mine. the north and the south are mine. all seems beautiful to me. >> 5:45 a.m. in new york. lawmakers were up to the wee hours of the morning as the republican-controlled senate took the first step towards dismantling president obama's health care law. 51-48. the senate stopped in motion the process to repeal about medicare. the measure due to go to the house tomorrow. republicans in the house passed a sweeping bill to reform what they say are abusive federal regulations. another busy run of confirmation hearings

great stuff today, phil lebeau, at the detroit auto show. >>> when we come back, you also spoke with ceo of weimo, the google spinoff, baig story. kay will sit down with dan niles and talk about more coming up. shaping up to be a busy week on capitol hill. seven trump nominee confirmation hearings are scheduled for this week. ten days to go before inauguration day. dow's down 27 points. apple, by the way, 52-week high, above 119. nico ante t pl yopo inmy fst orats memeldy.rgurdictgracias. t ons ante t pl yopo inmy fst orats >>> take you to a picture of trump tower in midtown manhattan. there's jack ma, executive chairman of alibaba, having met with the president-elect upstairs. we're told, jon, perhaps discussing plans to invest more in this country, create as many as a million jobs in the next five years. >> he is a key figure as these tensions, at least when it comes to rhetoric, heat up between the incoming trump administration and china. jack ma, a man who's done a very good job balancing the interests of east and west, of course listing here while running a company in china. and

we started with the detroit auto show. causing a bigs shadow. >> his threats on posing tariffs have put the industry on the defensive. toyota, which with simple doubt on trumps twitter feed has announced it will allow $10 billion in the u.s. over the next five years, including a new headquarters in texas. the japanese firm said its decision was not specifically tied to trumps criticism. the political stakes have threatened to overshadow the motor show itself, but there are still plenty of innovative designs. thank you so much for joining us from the auto show in detroit. makinggen has been headlines after the arrest of one of the top executives in the u.s., accused of participating in a cover-up of the cheating software installed and millions of cars worldwide. your reaction to that. >> i can't really make any comment. collaborating with the authorities in the united states. i can't really make any comments on this. >> does it potentially strike a blow to your effort in a cheating scandal? >> a strong launch of three vehicl

reporter: beyond the bright lights and big productions introducing new models, the biggest presence at the detroit auto show is president-elect donald trump. he's on the mind of everyone here, realizing trump wants more jobs created in the u.s., not overseas. president-elect trump tweeted saying "it's finally happening. fiat chrysler just announced plans to invest $1 billion in michigan and ohio plants adding 2,000 jobs." >> it's an incredible emphasis that trump is making so the american-made products and american production, but i think the substance of the announcement was inside the house for months. >> the move comes a week after ford scrapped plans to add a plant in mexico and favor expanding a current one in michigan, where it now says it will build a new version of the bronco suv. >> there's a lot of web out there. you go on lots of web sites and we're bringing that vehicle back in 2020. >> the fact is america's appetite for suvs and trucks has never been greater. they were the driving force behind record auto sales last year. consumers are more than willing to pay a little more each month

the coolest new cars from the detroit auto show as gas prices continue to rise. that and college students off to the races as we kick off your week. "early today" starts right now. good to be with you. i'm francis rivera. >>> we begin with news that has everyone buzzing at the golden globes, actress meryl streep who received a lifetime achievement award turned her acceptance remarks into an all-out rebuke against donald trump. >> hollywood is crawling with us onners and foreigners. and if we kick them all out, you'll have nothing to watch but football and mixed martial arts, which are not the arts. >> and while never mentioning trump by name, the staunch hillary clinton supporter went after him for what she says was the year's most effective performance. >> but there was one performance this year that stunned me. it was that moment when the person asking to sit in the most-respected seat in our country imitated a disabled reporter. someone he outranked in privilege, power, and the capacity to fight back. it -- it kind of broke my heart. when i saw it. i still can'

it is held at the same time as the detroit auto show. motor company ceo will outline forecasts for 2017 financial performance at a conference during the detroit auto show. investors will be watching for news on 2017 american market forecasts, as well as the outlook for asia and europe. and barack obama will deliver his farewell address in his home city of chicago. joining us is james bevan, chief investment officer at ccla investment management. we wa nt we want to talk about the american market. but let's talk about the ftse 100, market. but let's talk about the ftse100, the main market in london. 0ne record after another, but this isa 0ne record after another, but this is a story about the pound. the pound goes down in value, the ftse goes up. a very large chunk of the earnings are overseas, either through export all through selling overseas, and bringing the earnings back. whenever the pound goes down, profits go up, and vice versa. more bang for the buck. the american markets, all eyes are onjanuary the 21st, the president—elect take

coming up the detroit auto show is kicking off. you know they like walmart now. re with bmw board member ian robertson. new play book for the market when trump takes office. here's a look at last week's s&p 500. the winners and losers. >> give me, give me, give me. >> where's the beef? ♪ my love for you went viral. ♪ atcal nga ballts 'sor'syoom atcawh'sluballts 'sor'syoomealt bugsmamo sllr,esan l bal thsnb me gherertrokok batinaiarnd r.e switnica n.arerre in p. loise pwi stooot facrsltct targcr fnatuunx wapadu a tn'in®t r y seouok takiuiil sfodit facrsltct targcr fnatuunx sk worgltheslto,h foxaf aaler ifakdi cauus, r re fadi llctctutitns a, ble ♪ >>> welcome back. you're watching "squawk box" from the nasdaq market site in times square. >>> good morning. take a look at u.s. equity futures as we try to climb closer to 20,000. we're going to show you what's going on right now. the dow looks like it would open off about eight points and nasdaq looking up and the s&p 500 down. >>> the north american international auto show is kicking off in detroit. hey, phil. >> repo

don't black people read "the detroit news" and the "detroit free press"? jerry lundy said yeah, they do, of course they do, but when they see it is a michigan chronicle, they know it's for them. does that still apply today? >> yes, it does. it does. you know, it's one of the things, anyone who's inside will tell you there's always this natural intention to figure out how to show the president time. and such little time a lot of people don't realize that. and so the thing is when we do outreach to you guys, outreach directly, outreach to joe, outreach to the papers, outreach to the magazines, we are saying that this is a message we want to make sure african-americans get. that's why, i'm talking to you guys, valve is talking to you guys, someone within the administration is talking to you guys. broderick, or talking to you guys. because we know it's important to make sure that these outlets get the information that edwin else is getting. so just like when the president goes into a city, he takes, april knows, he has a pool of reporters that travel with him.

rounding the detroit pistons. in san antonio they put on a show as the team crushed the lakers 134 to 94. hit 31 points in the game. listen to this. the only new than what he knows now. he became an all-star in baseball and football. he never would have played football if he would know about the head injury risk. in baseball for the kansas city royals. he also became a cultural icon. freezing rain and ice causing major problems against the u.s. for the weekend forecast. good morning. across the central u.s. and it's all courtesy of the frontal boundary separating the cold air and the warm springlike air. we've all of this golf moisture writing up and over the cold air. and we have a significant. over parts of the southern plains. and again here is a setup. and the perfect set up here for ice and we could see upwards of an inch of ice on the roads into power lines and the bridges. people need to be taking the precautions very seriously. ice storm warnings here. in the forecast are going to be crippling for this area

today has been such an area of focus in terms of the big giants of detroit. e push back they are getting from donald trump, president-elect -- how are regulatory issues key for this growth? jamie: it is huge for the auto industry. global trade. the auto industry is so twined with global trade, especially with mexico, post- nafta. also with japan, korea, europe. the threat from then candidate trump, and he said as president-elect, and was tweeting us morning about threatening g.m. with a big import tax if they bring small cars from mexico -- there are a lot of small cars being built in mexico. those are not all for the u.s., but a lot of them are. that would be disruptive on the flip side. they are looking at tax breaks for individuals, high earners who buy most of the cars in the u.s. they are looking at corporate tax reform and the possibility of seriously watering down, or in eliminating the fuel economy requirements, which as they were member in 2008 -- which as they 2008, theyr, in tried to double fuel efficiency. those are facing a midterm review and are

just look at the investigation by the detroit free press which revealed rampant problems in the state for-profit charter schools. corruption, poor performance, lack of accountability. 's legacy.tsy devos , they wouldtaught say to me often you can't just talk the talk, you've got to walk the walk, or words to that effect. for a secretary of education, that means doing all you can to strengthen and improve public education. that, you have to experience it. you have to be willing to walk the walk. as the former secretary of education in virginia who is with us today, to that end i extend both a challenge and an invitation to betsy devos. spend some time in public schools. there is no substitute for seeing firsthand what works in our public schools or the indefensible conditions that many students, teachers, and school staff into her. come to some of the places af team members are working their hearts out for our students. come to rural west virginia, the eighth poorest county in the country where many voted for donald trump. a county with a ft is leading a public private partnership to i

when we come back we're going to go back to the detroit auto show. nterview with toyota north america ceo jim lentz. dow's down 53. ♪ >>> good monday morning. welcome back to "squawk on the street." i'm carl quintanilla with sara eisen, david faber at the new york stock exchange. couple things working against the markets early on this monday. couple high profile downgrades of p&g and coke. oil is down more than a dollar but a big week still ahead. fed speak, earnings begin on friday and confirmation hearings in d.c. >>> our roadmap for the hour begins with a pause to the march to dow 20,000 pulling back this morning after coming within a point of making history on friday. we'll talk market strategy straight ahead. >> and as carl said it's going to be a busy week on capitol hill as confirmation hearings for the president-elect's cabinet members get underway with just 11 days until the inauguration. >> donald trump tweeting at the automakers we're going to go to the detroit auto show, talk with the ceo of toyota north america. >>> but first, with just 1

don't miss cnbc's coverage of of the detroit ought so show later today. >>> let's talk farma. ill acquire nearly $1 billion from merrimack for a pancreati pancreatic cancer drug in the united states. dilute its numbers this year. >> johnson and johnson reportedly asked the swiss take over board to over view a complicated structure. they would split the commercial arm from its r and, d business. share said up by nearly 30% since rumors of a take over surfaced in november. and here that jp morgan health care conference and speaking to the ceo and chairman of johnson & johnson alex gorsky. and along with other great guests live from the so-called woodstock of health care. >>> it was a record seven awards for "lala-land" and the politically charged golden globes in hollywood. >> "la la land." >> reporter: it was a perfect night for "la, laland" including best musical or comedy. and acting honors for ryan gosling and emma stone. on the drama side. a coming of age story set in a dangerous miami neighborhood took top prize, while casey afflec won best actor for "manchester by the sea.

we are live out at the detroit auto show. ctually talked about the big announcement with the ceo of ford. what he is saying about their surprise plans. that's next. >>> plus as jared kushner is now poised to join his father-in-law in the white house, more questions being raised about his business ties and potential conflicts of interest. coming up i want to talk to the author of a new cover store in new york magazine. deep dive into trump world. and where exactly jared kushner fits in it. that's ahead, stay with us. it's beautiful. was it a hard place to get to? (laughs) it wasn't too bad. with the chase mobile app, jimmy chin can master depositing his hard earned checks in a snap. easy to use chase technology for whatever you're trying to master. has been a struggle. i considered all my options with my doctor, who recommended once-daily toujeo®. now i'm on the path to better blood sugar control. toujeo® is a long-acting insulin from the makers of lantus®. it releases slowly, providing consistent insulin levels for a full 24 h

just look at the year-long investigation by the detroit free press, which revealed rampant problems in the states -- state's for-profit charter schools. corruption, cronyism, poor performance, and lack of accountability. hat's ms. devos' legacy. ack when i taught tameka and her colleagues and classmates at barton, clara barton high school in brooklyn they should say to me often, you can't just talk the talk. you got to walk the walk. or words to that effect. for a secretary of education, that means doing all you can to strengthen and improve public education. to do that, though, you have to first experience it. you have to be willing to walk the walk. as the former secretary of education in virginia and -- ann holton did, who is with us today. to that end, i extend both a challenge and an invitation to ms. devos. spend some time in public schools. there's no substitute for seeing firsthand what works in our public schools or for seing the indefensible conditions that many students, teachers, and school staff endure. come to some of the places a.f.t. members are working their hearts out