i am francine lacqua. also coming up, we try out the bendable sunglasses that kids can t break or lose. this is serious business. my children love destroying sunglasses, anything they can get their hands on. plus, the church of buffet. the oracle of omaha has inspired thousands of investors. we sit down with one of his most faithful followers. first, a bloomberg exclusive. we have been speaking with italy s newly appointed finance minister. he told us he would welcome further depreciation of the euro but he doesn t expect it to happen. offario draghi has taken the table the risk of the breakup of the eurozone. this benefits all eurozone members including italy. italy are growing again, exiting the recession. the challenge for italy is to make that growth which is too fragile, much more consolidated and resilience. this is where a italian policy comes in. broad and launching a ambitious structural reform reform ascluding tax well as measures to boost economy in the short
i matt miller. i m matt miller. i m cristina alesci. perfect timing for us worked out pretty well. certainly did. breaking news on the economy. a key gauge coming up. mike mckee in the news with the headline. this will be a good news stories as well for the markets today. the isam report for the month of april comes in at 54 .9, more than expected and up from last point seven. the economy and manufacturing continuing to get together from the freeze we saw this past winter. thanks so much, mike. i want to get straight to the big news out of order this morning. ford officially confirmed what we have known for a long time, mark fields will be the next eeo. here he is at his news conference earlier this morning. aboutm very passionate product and i share built by the vision on leading the industry through innovation, because it is exciting and it is great for our customers. is the product and innovation that first brought me to fort hood five years ago. before
paribas, and considering slavering slapping charges. plus, professional boxer, floyd mayweather junior, currently undefeated world champion repairing for a fight this weekend. also throwing his hat in the ring with oprah winfrey to compete to buy the l.a. clippers. do we want to buy the clippers? yes, we do. there he interested in buying the clippers. we will keep them right where they are at. we will have all of that ahead. getting to the market right here. gocks we re watching as we into the close. julie hyman keeping an eye on them. avon shares declining sharply. million. will pay 130 5 million for a justice criminal department investigation and noncriminal investigation, similar investigation. the company reporting a wider first-quarter loss as sales fell in all of the regions. we have been watching a lot of pharmaceutical deals recently. a company called merrimack pharmaceuticals reported in a study that patients treated with the experimental cramp cancer lon
let s kick it up with what everyone is talking about and what else could be on the first friday of the month? a big upside surprise, 288,000 jobs traded last month and the unemployment rate drops to 6.3%, the lowest since september of 2008. impressive, those are good numbers. the most new jobs added to payrolls since january of 2012. is that good news? the headline number is good but the details are not quite as good. that s why we see the markets back off a little bit from their initial excitement. it is a tale of two surveys. the establishment survey is very good, to went 80,000 jobs this is the weather, it s over and we are coming back on that but then you look at the household survey, it measures how many people were employed. we lost jobs, 73,000 jobs in the household survey. which one is correct? 700,000 people or more leave the labor force which drives the on employment rate down. the discouraged workers would feel better about things. we did not see a rise i
perfect game, comes up just a little short. president obama hits the ground running after failing to get the world leaders on board at the g20 summit. the president will also make his case to the american public at a prime time speech on tuesday. the white house is still trying to get its allies to support a strike against the assad regime. john kerry is in lithuania. afterwards, the sec ter of state goes to paris to speak to representatives from the arab league. lawmakers from washington may be just as hard to convince. more members of congress are raising doubts but on friday, it officially became their issue. i now ask unanimous consent thatt related to section 2 be printed in the record. the authorization measure is expected to be voted on next week. the president, himself, says it may not have enough support and could be voted down. while the politicians continue discussing what to do, the war rages on syria. the u.n. estimates more than 100,000 people have died in