earnings release were delayed a bit as the business wire, the press release from warren buffett berkshire hathaway it was temporarily halted. nigeria is considering selling tandem bonds. alix: they will cut barring costs while cutting deficits. they want to raise as much as $1 billion in national capital which is forecasted to be over $11 billion this year. the economy is reeling from the crash of the cost of oil a. south korea is the only country to have issues. tesla motors is recalling several hundred of cars. test revealed issues of the third row seats. they are devising drivers not to have anyone in the seat. it covers vehicles made before march 26. it will b that is your bloomberg news/. . alix: britain's daily mail newspaper is interest in buying a pioneer. neining us to discuss is dway morriws. s. s. nennette, what is the difficulty be of a foreign company? >> it is getting through the regulatory regime and encompassing the purchase buying, daily mail. the bigger challenges will be what is the combined companies looking like. you can get through the regulatory hurdles which might be easier

nebraska to hear from the man known as the most successful investor of all time, warren buffett and his berkshire hathaway meeting. take one company and turned it in the 19. warren buffett owns it. people are coming to hear what he has to say about the economy in the world. can you imagine what these people are bringing to the state of nebraska? eighty-one exclusive coming up, only here on fox business, the governor of nebraska here with us live. it is one thing to come to this meeting many times, a whole other story when you come every year of your life. growing up buffett joining us live once again in a fox business exclusive. yes, there god is a rockstar. we have your front row seat right here. let's start the countdown. ♪ ♪ cheryl: all over the map. we will get right back out to liz claman in just a moment. she has the kickoff to the warren buffett annual shareholder meeting. now, as far as the general markets, investors are selling in mae and going away a day early. the dow down 129 points, s&p, nasdaq, russell 2,000, everything in the red. major market averages are in negative territory for the mont

monday liz will have an exclusive interview with the richest minds, warren buffett, microsoft cofounder bill gates and berkshire hathaway's vice chairman charlie monger. rich and smart. lauren: puerto rico is on the verge of financial default and doesn't look like there will be a bailout. the nation will default on the 4 $22 million it owes bondholders by the may 1st deadline and then it will face an accelerated timeline for paying the full balance on its bond. on tuesday republican house majority leader kevin mccarthy said congress will not push legislation to help puerto rico in time to meet that deadline. let's look at us stock market futures. the worst selloff yesterday for the tao, down 211 points, the worst since february 11th and right now it is up 7 points in premarket. s&p futures are unchanged, nasdaq down four points, key commodities, oil and gold, oil has been up three days in a row pushing further today up $.37, 4640, gold is up $11, and gold right here is up 5 days in a row. lea: north korea's not having much luck with its missile tests, it's test launch at a new ballistic missile today, a setback for north

buffett would become such close friends. carol joins becky for a meeting and her personal stories about warren. >>> futures negative but it's been around the front line all morning. >>> berkshire hathaway'sekend. becky quick is there covering the event. last night she caught up with warren buffett who spoke with her exclusively ahead of the meeting. a little taste of what we'll get on monday. we won't be squaring the circle, but we'll definitely put a lot of meat on the bones on these comments on monday, right? >> filling in the blanks. something along those lines. those are all good. they work. joe, obviously a lot of things that investors are thinking about these days are just what to make of stocks particularly in this crazy, whacky world of insane interest rates. the federal reserve and bank of japan both leaving interest rates unchanged this week. if you look at what's been happening with the bank of japan and the bank of england and what's it meant for the federal reserve. it has had investors on edge. we asked warren to comment last night on the country rate environment. >> low interest rates -- interest rates act on asset values like gravity acts on physical matter. and if you ha

warren buffett and companyny joining me nexext monday live from berkshire hathaway annualal meeting in nebraska. the orac o of omaha's children, howardrd, suzy and peter, join e live right here from thehe fame woodstock fofor capitalists, yo don't want to miss. it stay tuned. i'm mary ellen, and i i quit smoking with chant. i always came back to o smokin. i was ababsotely frustrated, absolutely. i did not thinink antitix would work as well as it didid. i dalong with suppoport,x chantix (varenliline) is proven to hechantix reducedsming. ue to s smoke. so people had changes in havior, thinkingr mo, hostility, agition, pressed mood and suicidal thoughts or actions while taking or ter opping chantix. some hadeizures ee taking chantix. if you have any of these, stopop chantix and call your doctor right away. if you have any of these, tell your doctor aut any of mental health proems, whh could get worse or of seizures. don't take chantixf you've if yohad a serious lergic tell your doctor aut any of mental health proems, or sn reaction to o it if you have these,p chantitix and call your docto

up yr to date about $150 million year to date so that has been a good performer for berkshire hathaway and warren buffetth includes some privately held companies that urge her hathaway controls. they look at the publicly traded holdings. if you look up or cure hathaway and you look at it under its client tag, you can look at the performance using the portfolio analytics and go to the performance tab and look at it in different ways. this is looking at the year-to-date total return performance of the various stakes that they have in various companies. it's a 2.9% total return year to date. the berkshire stock has actually performed better than have these underlying publicly traded holdings. it does not account for the private holdings that workshare +++ that performance. scarlet: good stuff in the be cool -- and a big weekend for berkshire hathaway holders. the canadian economy is on track for the fastest growth in more than a year but they might have a set act in the month of february. tracy: our bloomberg tv canada anchor joins us for more. the canadian economy turned negative in february, how much of a

as he usually does in the surveys, berkshire hathaway's warren buffett was at the bottom at 100.ation, $470,000, pocket change for a billionaire, i'd say. >> all right. mary, thank you very much. i'm going to pick it up. there you are! here i am. >> i was looking at brian. >> no worries. >> that's never a bad thing. >> no. so are american ceos overpaid and should the government step in to curb executive pay increases? let's bring in the former ceo of continental airlines and board member at sprint and produce -- p prudetial. gordon and heather, welcome. i don't think i'll have to do much to kindle a lively conversation. gordon, is there any role for the government to get involved in regulating executive pay whatsoever here? is that a job for the boards' the share holders? >> no, it's not. it's the shareholders' money. if they want to spend that much on a concert ticket, they'll do. that they want to spend that much on a ceo, they'll do that. i'm not saying they don't make mistakes. but it is their money. >> but there are some examples that mary just showed and there are others ou

. >>> billionaire investor war unbuffet is going -- warren buffett is going to live stream the meeting of his company berkshire-hathawayso wanted to increase the access and he partnered with yahoo finance to bring the event to the web. coverage will begin at 10:00 a.m.. a live stream will begin at 10:30. >>> and the washington ballet needs your help to provide a good pair of campus. the school is starting a fundraiser on monday to do just that. the goal is to make sure every dancer has a new pair of shoes for their -- just in time for their annual spring performance at the end of may. as a ballerina can tell you, any ballerina, pointe shoes which have a wooden box at the top are not cheap. >> usually, the shoes by themselves are like $90. then you have to buy like -- the ribbon and the elastic. sometimes when i buy my shoes they can get up to at least $120. >> wow. right now, 59 students need new pointe shoes, the washington ballet is hoping to raise $7,500 from the fundraiser. for more information, on how you can donate. visit the wusa9 app. that's free to download for the smart phone. >>> and not only are they expens

warren buffett. the big berk sher hathaway shareholder meeting is this week. susie decker is also on deck, if you will. she used to run yahoo on the board at berkshiretting her thoughts as well. >> look forward to your thoughts and a must read for the weekend. >> when we come back we'll get you caught up on the market. managing director and chief economist at barclays with his takes on this week's central banks decisions. "worldwide exchange" will be right back. from bank of america to buy a new gym bag. before earning 1% cash back everywhere, every time and 2% back at the grocery store. even before he got 3% back on gas. kenny used his bankamericard cash rewards credit card to join the wednesday night league. because he loves to play hoops. not jump through them. that's the excitement of rewarding connections. apply online or at a bank of america near you. andrea sikon. medical doctor from cleveland clinic, watson, let's review the electronic medical record of the next patient.. no problem. it's a pretty huge file. done. sorry for the wait. that was quick. as part of our research, i also compared lab results with notes about prior treatments, then

. >>> warren buffett is going to do it live, live streaming tt is. the annual berkshire hathawayng will be live streamed for the first time ever tomorrow. up next, we head to omaha, nebraska, and get a preview of this year's woodstock for capitalists. >>> find out why homeowners are nearing record lows. what's up? ♪ ♪ ♪ does nobody use a turn signal anymore? ♪ steve, other than making i'm here atme move stuff,rade trader offices. what are you working on? let me show you. okay. our thinkorswim trading platform aggregates all the options data you need in one place and lets you visualize that information for any options series. okay, cool. hang on a second. you can even see the anticipated range of a stock expecting earnings. impressive... what's up, tim. td ameritrade. man 1:man 2: i am. woman: ex-military? man 2: four tours. woman: you worked with computers? man 2: that's classified, ma'am. man 1: but you're job was network security? man 2: that's classified, sir. woman: let's cut to the chase, here... man 1: what's you're assessment of our security? man 2: [ gasps ] porous. woman

berkshire hathaway. liz is in omaha with what we can expect to hear from warren buffett. >> reporter: it is a marathon meeting and the madness began at 9:00 a.m. omaha time where you can see behind me, we have thousands and thousands of people descending from many different countries just to hear the oracle of omaha. they wanted to hear what he has to say about business, about the economy but guess what? fox business was shoulder to shoulder with him this morning. what did i get out of him? there were a bunch of issues he is talking about but we have livestreaming now so the 40,000 people here are now joined by millions around the world who can now for the very first time see warren buffett and his vice chair talk about everything from all of the 90 plus companies they own to broader topics such as banks that are too big to fail, et cetera. but he did touch upon a couple subjects. geico which warren buffett owns, the big insurance company, getting hit by a sudden flurry of more severe accident claims and more frequent claims due to distracted driving. we will read that as texting while driving. he made a poin

annual berkshire hathaway shareholder meeting, which means team fox business, and our crew, are heading west. that's right. i've packed my bags, flying to omaha, nebraska to sit down with warren buffett company, aka the richest minds and our crew will be there. the oracle of omaha's kids, kids? they're grown, but we love the kids, howard, suzy and peter join me exclusively from the famed shareholder meeting. all day saturday, live tweeting, updates from the annual berkshire hathaway meeting. berkshire hathaway has more than 80 companies under umbrella, everything from dairy queen to justin booths to precision cast parts to burlington northern railroad, it is a proxy for the entire economy, you've got to hear from warren buffett and company have to say. big day monday, the day i sit down with the three amigos. warren buffett, charlie munger, bill gates, you do not want to miss this, live 3:00 p.m. eastern time. want to know what you would ask warren buffett. tweet me your questions and post your question or two on facebook.com/liz claman. we've reached 45,000. i like that stamp, austin! look at me. i was on the stamp. that was cute. 45,000 twitter followers, you have to joint party fo

insurance regulations -- iowa has said it is losing -- berkshire hathaway shareholders will not have to go to omaha this is weekend to hear from warren buffettalled woodstock for capitalists will be streamed online for the first time thanks to a partnership with yahoo! last year 40,000 people showed up to hear from buffett and his longtime business partner charlie munger. david: we will turn out to eli lilly, the u.s. drugmaker reported first-quarter profit earlier today. it was lower than estimated that similar to last year. shares are falling on the news. investors have been focused on eli lilly's diabetes franchise. sales of an insulin drug missed estimates. we are joined by ceo john lechleiter from his headquarters in indianapolis. thank you for joining us. tell us the story behind the numbers. lilly'srespect to eli first quarter, we were pleased to see 5% revenue growth. if you factor out currency which was a topline headwind our revenue actually grew 8%. this was a big turnaround after a number of years. we really took a big hit from revenue declines driven by expiring patents. of that topline growth came from the sale of new product.