care overhaul and arizona s immigration law are at the top of the list of undecided cases. today is the court s last scheduled meeting until the fall but it is unlikely to be the final session. additional dates can be announce ed for later this week. we re going to be talking about what a decision might mean for politics and for business throughout the morning. coming up at 6:30 eastern we have a congressman from each side of the aisle. them at 7:40 eastern time we have dr. ezekiel emanuel. ja p morgan chase reports the now infamous $2 billion plus loss won t have its strategy changed very much. the paper reportsries can can i investments will still be allowed though trades with derivatives and private equity will be avoided. blackberry maker research in motion is said to be considering splitting its business in two. the sunday times reports it could separate its struggling division from its messaging network. another possibility would be to keep the company together, but
welcome to the program the first batch of data out this morning from the eurozone showing a composite pmi reading of 46. a little bit higher than forecast versus 45.5 reading. the composite pmi takes manufacturing and service activity across the eurozone into account. while the reading is stronger than expected its still below the 50 level that indicates expansion. with us for more chris williamson chief economist at market. on the line from singapore is roman scott. chris, to you first. the eurozone data follows the china pmi reading that was much weaker than expected. what jumps out to you from these reports? what jumps out, everything seems to be turning down. we have an upturn in france and that s the only sign of life. so, generally everything is looking weak and when you look at the forward looking indicators they are looking poor. so business expectations in the service sector about a year ahead in germany a record in the whole history of the survey. in the eurozone
crisis have been paid off. the portfolio was created during the financial crisis to buy distressed businesses. the treasury department owns 60% of aig. at the moment they re in the green, not the red. mexican billionaire carlos slim has bought more than 8% stake in argentina s biggest energy company, ypf, and is said to be a stake in telekon austria. and microsoft has a deal for yammer, the price more than a billion bucks. we ll keep our eyes all over that. joe? steve liesman joins us. he s been digging into this reuters story about central banks ready for action in case the outcome in greece turns nasty. the economy improves globally or we make it improve? let me start off with what we know. mare draghi making clear what i think the market knew. in the event of a make other market disruption created by the greek election, he and the ecb stand ready to act. the ecb has the crucial role of providing the sound bank in return for collateral. this is what we have done throu
but in another indy flick. i was trying to think about when i thought ashton could really if he looked like him. you know what that did for me, it drove home the point of how actors can never they can try, but ashton kutcher is so here s the next thing. keanu reeves will play bill gates because he s so smart and so cerebral and so but the idea that this dude, ashton, that said, woah, what s happening with joepa, he s a more ron. moron and he ll play this unbelievably smart guy which is what acting is all about. because they re never who they re acting to be. i was trying to book ashton, but not anymore. i don t think he s up this early. no way, dude. we ve had comments about his other escapades if you remember in the morning. dude, where s my car, is that his movie? krno, but that 70s show. what i m saying, you can t get you ll never find an actor who is like steve jobs, but it s beings because he s ju playing him, but i would like to have an ac
to their homes and rent them back at a market rate. is this the solution the housing market has been looking for? darden restaurants and nike beat estimates but are trying to overcome investor worries about gross margins. mcdonald s ceo jim skinner in his first television interview since announcing his retirement this week, a cnbc exclusive. we ll talk about the economy, his run as ceo, and whether the stock can continue its stellar climb. also joining us for the hour today, the chief market strategist over at convergence. good to have you with us today. thanks for having me. we were talking about news flow today on a friday. might be a little quieter than some days but things are going to heat up as we get to quarter end and run right into the earnings season in the next couple weeks. that s right. we have another week or so to go to the end of the quarter. it s been a great quarter. then there s been a lot of concern about the first quarter earnings releases, whet