Heard arguments on greenhouse grass Greenhouse Gas regulation. Peter cook a looks at the call for a smaller army. Raking developments at the World Congress in barcelona. Good afternoon. One of the comments has been from Mark Zuckerberg sort Mark Zuckerberg who did this. This is a company that positions itself as a leader in mobile communications. No surprise to see Mark Zuckerberg at an event focused on mobile here it theyre trying to reach out to phone carriers to see if facebook in the near future can find more partners to basically get the internet into the hands of work he will. Working between three and five carriers to help a spaghetti people who do not have access to data on their phone access to it. A big factor from that would need facebook. If successful, it would get facebook in the hands of more people. The Company Looks to grow. Example was last weeks 19 billion purchase of the messaging app. He was asked about the purchasing price. He thinks despite all the wall street co
Potter. In normandy ass the specter of ukraine hangs over the g7 meetings and the dday anniversary. We begin with matt miller and mary barra planning internal incompetence and negligence for the delayed recall. Addressingra today gms 200,000 employees in a town hall style meeting, public rebroadcast as well, saying she and her team had read the 300page report from an independent investigator hired by the company, the same one that help to deal with the bankruptcy of lehman brothers. As a result, she and her executive team have either fired or forced into retirement 15 workers either directly or indirectly responsible for the ignition switch failure and really the failure to report it to hire up executives of the company. Five employees are still with the company that have received some sort of disciplinary action. She was not very specific, did not give us names, but we know that at least one Senior Lawyer for General Motors has been let go, as well as a couple of engineers who were un
A fascinating company. Three decade train wreck . They made a big bet on lowcost cell phones and they have really screwed it up. They made a big bet 30 years ago and it really has not paid off. We also have American Apparel and smith wesson. The 2015 budget this morning. Mardi gras today. The president will be a mardi gras . [laughter] i expect to have a band coming through at any minute now. Lets do a data check. Look at stocks, bonds, currencies, commodities. The headlines overnight. Russia backs off a little. We will go to president putin here in a moment. Futures are up 20. The euro really does not turn much. Churn much. Nymex crude celebrates. Yen weaker. 13. Futures are down brent crude follows nymex. The papers and the website this morning. Here is our front page with scarlet fu. Ukraine. Speaking right now. He says there is no need to send troops to ukraine yet. He says that yanukovych is ukraines legitimate president. G8 doesn says that if not want to come, do not come. It has
Cracking lineup so far. Is the european car market is recovering. There is a glimmer of hope. He is going to be producing an suv very soon and the Global Markets are developing. We are talking to a higher die. What plans do they have this year . We will talk to renault. This is a european car company that has made a big investment in russia. Are they regretting the investment and how will they manage the situation as this tory develops in the ukraine. How carefully are they watching every move that could and is making that Vladimir Putin is making . That could upset the apple cart and it will be a great show. Looking forward to it. Lets get more on the top story and the standoff between the ukraine and russia continues. Vladimir putin withdrew soldiers soldiers remain in the crimea region. Crimea region. A tense standoff in the crimea. Base in crimea was taken over by Russian Troops and they took control of crimea. Unarmed ukrainian servicemen have marched towards the base and are dema
We have coverage of the stories making headlines today. ,he debut of the iphone 6 leslie picker follows alibaba from the New York Stock Exchange and we begin in london with Michael Mckee as scotland votes no to independence. How do we explain the larger than expected no margin . Pollsters cant explain it except to point out throughout the season, the nos held a commanding lead. Few days yes seemed to pull forward and that added to the drama of the election and sent politicians scrambling. It may have never been that close. It was clouded by the fact pollsters say they could not trust the results of their own surveys because of the kind of electorate. 85 . Entioned the turnout, and it galvanized the voters of scotland and it resulted in the end of a career, the first minister of scotland, the man drive fore independence did drive today. Ifcourse if they had one, the independent scottish vote had gone their way, it would have been David Cameron resigning. Instead he states in office. We