percent of chrysler shares they will buy the remaining forty one and a half percent from a united auto workers union trust fund the deal is worth more than four billion dollars. the ad began funding chrysler in an attempt to help the us company emerged from bankruptcy in two thousand and nine. the ceo of eon and chrysler sergio martino he is said that the unified ownership structure will be able to fully execute the vision of creating a global auto maker. and now here's the weather forecast ay ay ay ay ay ay ay ay ay ay ay ay ay. i know. visitors to japan have kicked off two thousand and fourteen on the slopes of one of the country's most recognizable landmarks guys at the mt fuji visitors center shared a little of their culture. the guys put on traditional clothing than explain some of their customs their guests didn't pass up on the photo opportunity here i think it is and it is incredible that you can keep the costs are like that and i don't know a lot about it but i do know. then during the baking sheet at people and keep those traditions alive. about one hundred thousand people passed through t

five percent if i finished and will buy the remaining forty one point five percent from the united auto workers union trust fund. the tos with more than four billion dollars. the act began funding chrysler in an attempt to help the us company emerge from bankruptcy in two thousand and nine. the cnooc adding crisis a few notes and jill mikey on he said the unified ownership structure will be able to fully execute the vision of creating a global auto maker. people in the us stated that colorado had the lining and to be among the first to buy and nearly movie till cry they're producing marijuana and still is for recreational use. the state is the first in the nation to allow the sales license shops began selling pot on new year's day school customers waited in lines and bought packets of wheat or other products once retailers opened to lyons colorado the days and fantasy as in a two thousand and twelve referendum to increase tax revenues. here's the reply is the law to allow adults age twenty one or older to possess about twenty eight grams of cannabis at a time for private consumption no one had heated

it will buy the remaining 41% of the company from the united auto workers union health trust. chrysler has been run by fiat since it emerged from bankruptcy in 2009. it's been a big money-maker for fiat. chrysler's sales rose last year. >>> ukraine could be the world's leader in exports of grain and other agricultural products. practices dating back to the ways of the old soviet union could get in the way. jennifer glasse has more on the story from western ukraine. >> reporter: in some ways agricultural hasn't changed much in the last hundred years. many work the fields by hand and most are still poor. the forced collective program was supposed to modernize farming, but it contributed to a famine that killed millions of farmers. when the soviet union collapsed in 1991 it met productivity plummeted at first but now it's booming. >> translator: look where we're standing now. this was an old collective farm in soviet times, and now it's one of the most modern agricultural complexes. >> reporter: even a farm like this one has a lot catching up to do. the average cow here produces

they'll pay nearly $4 billion to the united auto workers union in that deal. fiat was brought in by the obama administration to keep chrysler afloat as the company went through bankruptcy. the deal is set to close january 20th. >>> still ahead one family getting used to a new dog, but this four-legged friend will do more than fetch and play dead. >> first we'll take you to boston for a live check as the blizzard starts to hit full i can only send one of you to cover the game in new york. who's got what it takes? game on. [ male announcer ] the more devices you have, the more you need fios quantum. america's fastest, most reliable internet. still got slow internet, terry? no. yes. [ male announcer ] for incredible uploading, streaming, and chatting... show 'em what you got, ella. thanks, erin. [ male announcer ] ...in and around your home... hey, dad! you got it. you're going to new york. this is definitely the place to be! you know, she is pretty good. [ male announcer ] technology that raises your game to a quantum level. call the verizon center for customers

the united auto workers union, the health care reit union there -- the health-care union there deal inhis done and a big deal for fiat because it does need to diversify, given the bloodbath it has had in europe selling cars. we will have to see how it plays out first up -- how it plays out. >> i want to talk about the sell,-- it was cut to sprint, cut to sell at stifel nicolaus. up 81% from the october low, and he is skeptical of the near-term. very simple, there it is. they try out believers is a duopoly. coming up, it is not a tryout talk to someone from cantor fitzgerald. his optimism. good morning. bloomberg "surveillance." ♪ >> this is bloomberg "surveillance." i'm erik schatzker. scarlet fu is off today. why is apple brian's pick for 2014? brian, what is the deal? recently went to asia, and i think there is a lot of exciting innovation we will see in calendar 2014. return toave the ups growth. eps declined. they will see -- you will see them enter a new product. you will see innovations in the iphone, possibly three different sizes. >> i want to jump on the iwatch for a second. g

the italian automaker announced it will acquire the remaining shares of chrysler from the united auto workers unionis cost the italian automaker company? jeff flock from chicago, right? jeff: not as much as you might think. i talked to the company said "i don't know how he does it, referring to the ceo of fiat and chrysler. how did he get this sweetheart deal. as you point out, how do we know it is a sweetheart deal? look at what the stock did in milan. up 13% today up 1 point, the largest gain it had in almost five years. investors take heart, they may call list as we go forward. take a look at the way you invest in it now, that also jumped today on this news. why is so excited about this deal? some people think they have a sweetheart deal, what one analyst calls a spectacularly good deal. the deal is worth about $4.35 billion. fiat put up some cash. a distribution of chrysler money of $1.9 billion another $700 million of payment to the health care trust which owns the 41% of chrysler, so essentially they bought chrysler with chrysler's on money. a lot of people who helped, some have some concerns

the remaining 42% is owned by a united auto workers union trust fund. the price, $4.3 billion.on's shares. when the deal is complete, chrysler will no longer be an independent company. >>> meanwhile, when the markets open this morning for the first time in 2014, it will be in record territory. the dow jones industrial average had its biggest gain in 18 years. the broader standard & poor's 500 index had its best year since way back in 1997. the tech-heavy nasdaq was up almost 40%. analysts expect the markets to keep gaining so far this morning, though, asian markets are mixed. >>> there was plenty of good spirit yesterday on the streets of philadelphia. >> the city rang in the new year in the traditional mummer style with the 114th annual new year's mummers parade. thousands of spectators lined the parade route as some 10,000 outrageously costumed mummers strutted their stuff. >> the mummers say it takes them all year long to prepare for this one parade. every year new year's day. >>> coming up, the dance performance on the street getting attention around the world. >> and the n

will buy the remaining shares of the detroit automaker that are now in the hands of the united auto workers union bill: 3-point-65 billion dollars. >> coming up. know that bicyclist have my attention, it is important that we go over the rules of engagement. this will be the omg, jack. have you ever checked out these new product ideas people post on your page? they're kind of amaze. ...ing. yeah - that's where i got the ideas for my new- fajita ranch melt. seasoned chicken with a gooey blend of pepper jack cheese, roasted peppers and onions, on toasted sourdough for just $3.99. is that where you also got the idea for that clock bracelet you always wear? my watch? no...these were invented a long time ago. like in the 80's? check it out. learning's fun now. yeah, back in our day, we didn't have u-verse high speed internet to play and learn online. all we had was that franklin fuzzypants. ah, the educational toy bear. remember when the battery went out? [ slow, deep voice ] give me your abc's. all i learned was a new definition of fear. i need some pudding. yeah, there's one left. [ male announcer ]

. >> fiat reached an agreement to research the remaining stocks from the united auto workers union fortions and helps chrysler avoid an ipo. that paves the way for them to merge. >> it says one other thing. the value of chrysler is zero. the value is close to $10 billion. >> wow. >> you were there. the whole team deserves that. this is a great story for america for jobs. what you can do when government plays a positive role. >> absolutely. >> look at politico now. mr. john harris, good morning. we have a lot to look forward to. let's start with the top governor's races. rick scott taking on republican turned democrat charlie crist. >> this is a race that will be looked at not just in florida, but nationally as a direction of where the country is headed as we look ahead to 2016. it's going to shine a light on the war republican the republican party. remember the democrat used to be an establishment republican and then left the party and was thrown out however you want to look at it. he is trying to come back against rick scott who is a formidable opponent because he has a ton of money,

italian automaker fiat has struck a deal with the united auto workers to buy out the union's 41% stake in chrysler. it sends 4.35 billion dollars to the u-a-w's retiree health care fund.here's the deal---fiat pays 1.75 billion dollars in cash.chrysler pays 1.9 billion and another 700-million over four years. as a result of the deal, fiat absorbs chrysler completely and becomes the world's 7th largest automaker. "we'll have to see what unions in europe take this as a signal of because obviously the uaw got a big, big part of what it wanted. we'll have to see what happens in terms of product. this allows the new fiat/chrysler to merge all operations, even moreso than they already have, and get a lot of different products in the global markets." it's clearly good news for fiat stock - up 15 percent on the news thursday. ford is hoping for sunny days ahead. the automaker is releasing a concept car that runs on solar power and does *not have to be plugged in.solar panels line the roof of the car and use the sun's energy to charge the vehicle's battery.the model also has a gasoline engine fo

united auto workers after posting record profits in north america. ford agreed to more generous profit sharing in its most recent labor agreement with the union. in return, veteran workers gave up an increase in their hourly pay raise. ford's full-year net income was the strongest in more than a decade. it's nice to see workers getting a little piece of that pie. >> you got it. thank you. >>> air force officials are uncovering more and more about the recent cheating scandal. after the break, the unsettling new details. >>> and how low will the temperatures go before they bounce back get your home ready for the big game, with big savings at h.h. gregg's super sale. save up to 30% on appliances, electronics, furniture, and more. get an lg 60-inch hdtv $699. samsung 51-inch hdtvs $469. washer/dryer pairs are just $549. plus, get up to 24 months special financing on purchases $497 and up. get the best brands at the best prices for the big game. see it all at h.h. gregg.com. >>> 4:16 on this wednesday morning, a snowy morning for a lot of you. there are some school closings, there are more delays than closings and they are at the bottom of the scre

united autoworkers union. hourly workers at general motors, ford and chrysler are expected to take home a bigger slice of profits this year.it's after 2013's pretax profits rose due to the improving auto sector. at g-m, workers could see a 300-dollar boost in pay this year. ford employees could expect a 600-dollar bump. chrysler did not specify how much its workers would receive. the boost comes after carmakers pushed u-a-w members to accept a contract that included profit sharing, instead of a raise in base pay. more employees plan to change jobs this year. career builder reports 21% of full time workers plan to get a new gig in 20-14.that's a jump from last year's 17%. the survey found 18% of u.s. workers are unhappy at work due to stress and low pay. as the weather keeps americans cooped up inside...it's worth noting that more and more professionals are making house calls. marketwatch reports that dentists, veterinarians, dog groomers, and even psychologists are offering to come to you for an appointment. the convenience isn't cheap, though.some services may cost up to 50% more than the "in office price." still to come: is the market about to get more volatile? one trader gives us