we are volvo of sweden.

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do you want to know of volvos effective tax rate was last year? do you have a guest? >> the low 20s? >> 20%. so 28 .5% for cat and volvo is competitor acts 20% so it sounds to me caterpillar spent lots of money coming up with attack strategy last year that didn't even allow it close to achieving tax parity with its primary rival in europe. is that accurate? >> that is accurate. >> that's reality and i would also say there's a big issue as to the ability to deploy resources to its most efficient use so it's not just the fact that the volvo is a lower rate but the fact that because they work on a territorial basis for that global basis they can move capital to where they needed which is a huge advantage and come off too has the same thing so the japanese have a 905% exemption rate as you know meaning they allow the companies to do business in the united states would bring those profits back to deploy them in japan or elsewhere without any tax penalty. look i know the chairman is raising some specific points about our current code but this cries out for reform. if we don

do you want to know of volvos effective tax rate was last year? do you have a guest? >> the low 20s? >> 20%. so 28 .5% for cat and volvo is competitor acts 20% so it sounds to me caterpillar spent lots of money coming up with attack strategy last year that didn't even allow it close to achieving tax parity with its primary rival in europe. is that accurate? >> that is accurate. >> that's reality and i would also say there's a big issue as to the ability to deploy resources to its most efficient use so it's not just the fact that the volvo is a lower rate but the fact that because they work on a territorial basis for that global basis they can move capital to where they needed which is a huge advantage and come off too has the same thing so the japanese have a 905% exemption rate as you know meaning they allow the companies to do business in the united states would bring those profits back to deploy them in japan or elsewhere without any tax penalty. look i know the chairman is raising some specific points about our current code but this cries out for reform. if we don

volvo showed off their concept at the new york international auto show. >> it is do other things. >>r: they say the vehicles could be in dealerships in less than five years. >> by the push of a button, the car takes over and does the driving for you. >> reporter: we couldn't take it for a spin in new york, but volvo is testing in sweden and several other companies are on a similar track. mercedes travels through the streets in germany. nissan is testing the technology in japan. gps, cameras and a series of sensors gives a 360 degree view of the road telling it when the brake, steer and accelerate. >> we have a number of sensors being spread out such as this radar sensor. >> reporter: this is a sensor here? >> yeah, it's a radar sensor. >> reporter: you can barely see it. governments are preparing for self-driving cars. they want to equip the vehicles with radio wave technology dzhokhars can talk to one another. >> this is a very complicated area from a technology point of view. >> reporter: but the technology works and they plan to start selling them by 2020 or earlier. cbs news, new

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and an activity on sunday have been proposals that come out swinging in the pool and wanted to be a volvo for that beyond that my mind to it. i will be. nobody seemed to like. what you want in whatever you find something to be more tv to his wording of that intensity of your brain you're talking about bob levy says aviation shipping its name but has been tested and other countries. you let go of the month effect of an era when you're talking about tv and state oic on sock and knit but this is a member in all of the city has it been affected by any of you know being a member of chad has a haunting just opened membership because you know the stench is why is it that in the boise id is not either to judy up bush it's new it's just it's just bad bets on that. ten hundred this is not as intensive and more inclined to hold onto the scene at school but on whether there could be doing this today was so unstable that movement. the pilgrims the stove add the fennel be on the bounty from the back to back exactly what is happening in the last game here is what we see that now obama is trying to come

the all-new volvo v60 sportswagon. the s60 sedan and the xc60 crossover. test drive one today. model year end sales event. the s60 with 0.9% apr and up to $2500 in allowances. . >>> welcome back, last week officials said they would call off the search for the missing malaysia jet if it was not found but this morning they have announced plans to search. new equipment will be brought in to search a larger area under water than the robot particular submarines. the new search effort could take up to 8 months and the preliminary crash is expected to be released earlier. >>> now members of the crew may have destroyed evidence relating to the investigation those crew members have been arrested and you can see the ship's captain being rescued on the first day of the disaster. he said he didn't know it was the captain at the time. now divers will renew their search efforts for more than 100 bodies still trapped. the ferry boat sank and all 15 crew members involved in navigate being the ship are facing charges. they are accused of negligence and not helping passengers. so far 188 bodies

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>> volvo, a swedish company, many chinese companies are competitors. and corey as well. and others. >> and by far, chinese companies are growing their market share. in sweden the top rate is 22% so 17 points lower than combined u.s. corporate of 39.1 which was state and federal. based on public financial statements from both companies caterpillar's effective rate was 28.5% last year. the know what volvo's effective tax rate was? >> certainly lower than that. >> you have a guess? >> low 20s. >> 20%. 28.5% for caterpillar, mobile the biggest capital 20%. it sounds to me like caterpillar spent lots of money coming up with a tax strategy last year that didn't even allowed to come close to achieving tax parity with its primary rival in europe. is that accurate? >> that is -- >> you should feel guilty about it. that is accurate. that is the reality. eyewall says there is a big issue as to the ability to deploy resources to its most efficient use so it is not just the fact that the volvos of the world have lower rate but effective because they work at a territorial basis rather

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we are volvo of sweden. . addicted, every day a spend at least an hour >> i am aticketed.hour i spend an hour on the web every day at least. i read on my kindle i no longer watch the weather channel i can't stand to wait six minutes for the local forecast. i get it on my phone. i am told there was a time when you didn't have one of these things. we have learned some people are upset that businesses know what we do on the web it made me want to ask people this. >> would you ever give up facebook or the internet for your privacy? >> no. i value it too much. >> no way. i love facebook. >> that's like going off the planet. >> only two people said they might give it up. yet some americans go off the grid. some want to break their internet addiction. some people think it will be real connections with people. they don't get that on the web. most people stay off the web for a week or a month. paul miller went off the grid for a year. why? >> well, it was too much. it was using only internet for all my life. i have bee

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we are volvo of sweden. >>> on the morning of january it 4th, 2006, none of jennifer kesse's friends, family, or co-workers could located 24-year-old orlando woman. >> jennifer was very habitual and didn't do things out of the ordinary. >> she left for work between 7:30 and 8:00 in the morning it was like clockwork. >> jen was my human alarm clock. she would always call me or text me in the morning and say look, have a great day. >> she called them every day they talked. >> she talked to her mom, she talked to her brother. she talked to her boyfriend. >> i never got a text from her or phone call from her. >> we had started the work day but after about a half an hour and then an hour, we started wondering where is jennifer? >> when they called her phone, it went directly to voice mail. >> we waited another half hour or so and placed a phone call to jennifer's dad. >> and when we had gotten a phone call that she didn't show up for work. >> joyce immediately called her son logan. >> she was crying. extremely em

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we are volvo of sweden. buttons. what phones are supposed to have? one for each number. so-called smartphones have two, maybe three buttons max. that's neat, but what do you do when you want to dial a four? it's not so smart then, is it? (laughter) nice phone, dude. thanks! smart phones make life easier. that's why esurance is introducing video appraisal. you can use your smart phone to video chat with a claims expert. they'll assess the damage and help settle your claim faster than ever. welcome to the modern world. esurance. backed by allstate. click or call. >>> from the world headquarters of fox news, it's "the kelly file" with megyn kelly. >>> tensions between the state of texas and burro of land management, same entity disputing with cliven bundy out in nevada. this time the disputed land is along the red river between texas and oklahoma. the texas attorney general almost daring the feds to come down and try to take the land from texas land holders and tonight, texas governor rick perry is standing beh

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we are volvo of sweden. so, what'd you think of the house? did you see the school rating?right. hey, babe, i got to go. bye, daddy. have a good day at school, okay? ♪ [ man ] but what about when my parents visit? okay. just love this one. it's next to a park. [ man ] i love it. i love it, too. here's your new house. ♪ daddy! [ male announcer ] you're not just looking for a house. you're looking for a place for your life to happen. zillow. you're looking for a place for your life to happen. whoyour boss?rk for? yourself? your parents? your family? at baird, what matters most to you... matters most to us. as an employee owned firm, our financial advisors have the freedom and resources to realize a plan to fit your family's unique needs. we'll listen. we'll talk. we'll plan. baird. >>> welcome back. a tough day for netflix. hbo has agreed to license older episodes of the library for amazon. the deal represents the first time hbo has struck a pact with an online video provider. errier this week netflix said it would raise prices for new members. >>> seema, thank you very much.

we are volvo of sweden. nobody ever stomped their foot and asked for less.ecause what we all really want... ...is more. there's a reason it's called an "all you can eat" buffet. and not a "have just a little buffet". that's the idea behind the more everything plan. it's more of everything you want, for less. because, c'mon. no one ever takes the second biggest cookie. get more with our best plans on the best network. for best results, use verizon. >>> from the world headquarters of fox news, it's "the kelly file" with megyn kelly. >>> chicago tribune broke a big story today about the cnn tv series "chicago land." it's supposed to be a multi-part documentary about chicago, people and politics focussing on the mayor, rob emanuel wilike ts one. >> i got talking to this man, and he was engaging. >> he said where am i going? i said home. he said he would take me home. he called my mom. >> he's a wonderful kid. there is something about his personality and i'm taking with it and i'm trying to help him knuckle down and buckle down for college. >> he works in the may

we are volvo of sweden. so, what'd you think of the house? did you see the school rating? oh, you're right. hey, babe, i got to go. bye, daddy. have a good day at school, okay? ♪ [ man ] but what about when my parents visit? okay. just love this one. it's next to a park. [ man ] i love it. i love it, too. here's your new house. ♪ daddy! [ male announcer ] you're not just looking for a house. you're looking for a place for your life to happen. zillow. >>> and we're back with our tdr 50 rising stars in idaho and montana with the great rocky mountains behind me of course. our first rising star is democratic state representative holli woodings. she has her sights on backing secretary of state. she is currently running unopposed for the democratic nomination for the statewide post. the primary is set for may 20th. next up republican state representative luke malek. the 32-year-old lawmaker made headlines and he's running for reelection and is likely to rise in the statehouse and beyond. >> moving over to montana, first up is lieutenant governor angela mclean. earlier in her car