>> convenience stores -- mario gabelli is the ceo of asset management. mario, convenience stores. why are they the winners now? >> it is a structural dynamic. i will take you to your corner store. i will take you to the locations and the united dates. not only did they send you gas. you have pizza, coffee, cigarettes. the notion of these companies starting off as financial engineering -- hessnames, murphy oil, just sold. hess just sold their gas ebitda. for 16 times this underscores the convenience thrust. -- it is a very interesting acquirer. those are some of the names that i want to own. >> you have never seen money this cheap. how long does this fund continue? >> there's no question that the currency is important. the buyer's stocks have been going up. y,n company x buys company you look at the valuations. it is not like they are selling at 11 times. these companies are eight times and nine times ebitda. that is a cap. >> i want to rip up the script on hill scheier. did tysons overpay for hillshire? >> there is no question. when one wants a picasso, there are since you -- so f

what will mario draghi deliver? the ecb may be the first major central bank to take rates negative later today. the ecb president hinted that a cut may be on the cards. before, we want to see the staff projections that will come out in early june. >> guy johnson is in frankfurt leading the coverage. --re will draghi deliver where drunk he will deliver the central-bank decision -- draghi will deliver the central-bank decision. options asthe positives and potential negatives attached. let's talk about the deposit rate. cutting the deposit rate may have a negative effect on the euro. that is good news. let's deal with the negative negatives. if you cut the positive right and you charge banks to deposit money with the ecb, they may pass that on to the customers. they may also not pass it on to the customers and that means it would hit profitability. it could also upset the money markets. the ecb is likely to make the cuts to the deposit rate very, very small. let's talk about the liquidity side. banks do not have a liqu

. >> i love "mario golf world tour." it's an amazing game. i mean, if you love mario and you love golf, you're gonna love this game. >> i can't wait to play. >> i am really looking forward to playing the game. >> you can play as your mii character or as your favorite character from the mushroom kingdom. in this game, the mario-themed courses are filled with challenging obstacles, like warp pipes and piranha plants. so look out! >> it's way cooler than regular golf 'cause you're in mario's world. >> in addition to wild power-ups, the game is packed with tons of other cool features. >> tell us about some of your favorite features of the game. >> you're set in the mario world, playing as your favorite mario characters, and it just brings this whole cool vibe with it. and you also get to play against your friends worldwide. you can play with anybody. so, like, it brings a whole social aspect to "mario golf," which i think is really, really cool. >> noah challenged some kids here to a friendly game of "mario golf world tour." let's find out if the

the detective believes for now he's put mario out of commission. has justice been served in this case? >> i believe, yeah, 100%. 100%. >> mario davis is not behind bars. >> no, he's not. and -- >> he took a deal. >> he did take a deal. makes one mistake if he does something wrong, then he goes to prison for anywhere from 8 to 17 years. >> and that's good enough for jessica's father, who is deeply grateful to detective boffman for bringing his only daughter home. >> all i did was hold her until she fell asleep best she could after the detective brought her in. that's a great guy over there. that's a dedicated man. >> when you can help a girl, someone that no one else is able to help, probably the most rewarding thing that i've ever done. >> coming up -- the ups and downs of a shoplifter. "vegas undercover" continues. you want to see something cool? snapshot, from progressive. my insurance company told me not to talk to people like you. you always do what they tell you? no... try it, and see what your good driving can save you. you don't even have to

what mel mario draghi deliver -- what will draghi deliver? the ecb president last month hinted that today a cut may be in the cards. >> before we act, we want to see the tough projections that came out in early june. >> guy johnson is in frankfurt where draghi will be delivering the central bank's latest decision. good morning. what's he going to do today then? >> that's the big question. to my mind, there are three options now on the table for mario draghi. a sliding scale of what he can deliver here in frankfurt along with the rest of the governing council. we just heard what he said this time last month when he opened the door to today's possible rate cut. it is the deposit rate that everyone will focus on and this is the first time a major central bank, as you say, have gone into negative territory. them experimenting with this but this is the first time a major central bank may deliver a negative deposit rate. these are uncharted waters. what we may see is testing of the waters. he may just go a little lower, maybe just one point lower,

de pasada y no nos damos cuenta de lo que sucede en mxico, mario bernal... telemundo roll weather open blanca llego el momento de saber que nos depra la madre naturaleza? cesar para ello pasamos con nuestra reportera del tiempo.. gabriela dellan blanca nueva pausa en noticiero telemundo 48 pero al volver take vo sabe usted que ciudades en el pais se encuentran ms "en forma" y por qu les dan esa calificacion vo cesar y si usted no es bilingue, aun est a tiempo de aprender un poquito de otro idioma y asi prevenir el deterioro de su salud mental angel --como le fue a costa rica contra japon... le tenemos los goles... vo --tres grandes de los nuestros se quedan sin mundial.. reacciones, jugadas y mucho mas en el deportivo... end segment cesar ---hoy jugo otro de los ♪ tan dulces como los trabajos que crean. es la prosperidad que traen a su comunidad. la cocina... hizo posible que 41 empresarios emprendieran su negocio. su talento y una pizca de nuestro apoyo. una receta para alimentar a toda la comunidad. poco a poco, logramos mucho... sumando esfuerzos. wells

i've been patient for 20 years -- >> mario, be well. talk to you soon. >> yeah, and go hope we can solve this issue that's been around for 1,300 years. take care. >> mario da begabelli, thanks. >>> patient 40 years, not 20, and keep carmelo, another five years. >> i like the igt pick, judge. the refresh siscycle for these t machines and so forth in vegas was five years. it has been moved out substantiately. i know this because i was speaking to a chairman of wms who sold to scientific games. i think these are vastly undervalued and will start performing. it's part of my second half playbook, really. >> igt, one talked about a long time as a company. interesting take a guy lie gabelli, take as stake and not in agitating management like a lot of the activists. two different forms of investing obviously mario successful with it. >> two observations. a great media investor. no media names in this top three. number one. >> he does still like viacom. we didn't get to t. usually always one he's featured. iff is a classic iconic company, a cash

we are doing that right now with mario kart 8. we launched something called mario kart tv. you can get content that consumers post from mario kart 8. a series of memes has come out. we are driving awareness for the game and that's just one thing we're doing from a marketing standpoint utilize all the other devices to drive interest to wii u and 3ds. >> nintendo america president and chief operating officer reggie fils-aime. a one-stop shop for news junkies, the news discovery app reverb. it's a good change the game for judas the media next. watch a streaming on your phone, tablet tom amazon fire tv, apple tv. you name it, we are there. ♪ >> welcome back to "bloomberg west." traditional media outlets fight to stay relevant but a new news discovery app going to back roots of language itself to cater to its readers. the former editor of the oxford dictionary, it personalizes content based on extensive word graphs. every guest we ever have comes talking their own book. >> i'm also the executive chairman. >> tell me why this is such a smart investment. >> i got involved becaus

part of the debate is mario draghi. we will get to that. >> lenders are loosening their grip on credit to consumers. whether for homes or cars. our lenders reverting to the mean raise the industry returning to bad habits? doug lebda is chairman and ceo of lending tree. loans, smalldent business loans, tuc a loosening of credit? is it interesting thing is not necessarily coming from banks. it is coming from alternative lending platform. startups putting credit to consumers and taking balance sheet risk. or coming from institutional investors. >> what are some examples? what you just said is an earth shattering statement. that is shadow banking. likeat is, companies prosper and others taking money from institutions and putting it in the hands of consumers where they can get lower rates than high interest credit cards. it is across the credit spectrum. moreave people lending to subprime customers. i think it is appropriate, the pendulum is swinging back. pendulum ofhe same 2005 and 2006? i weave repeating history? we just

takesing up, mario draghi one of the main rates negative. we will discuss the latest move to stimulate europe's economy. ♪ >> first. bloomberg. >> time for today's company news. tensions in the ukraine are impacting western businesses in russia because banks have become reluctant to fund projects. the chief executive officer spoke exclusively with bloomberg television. >> the first thing which is having an impact on the business with russia, not only total but all of the other banks, including americans. financial lot of institutions that have artie been taking -- that have already been taking i would say a cautious position, which means even if it's not for bid and, let's wait and see before we continue to lend money. total. was the ceo of last month they agreed to set up a venture to seek oil in siberia. bank of america would provide at least $5 billion to consumers as part of a proposed settlement of a probe into its handling of mortgages at the head of the financial crisis. u.s. prosecutors have been seeking more than $13 billion from

we are doing that right now with mario kart 8. we launched something called mario kart tv. you can get content that consumers post from mario kart 8. a series of memes has come out. we are driving awareness for the game and that's just one thing we're doing from a marketing standpoint utilize all the other devices to drive interest to wii u and 3ds. >> nintendo america president and chief operating officer reggie fils-aime. a one-stop shop for news junkies, the news discovery app reverb. it's a good change the game for judas the media next. watch a streaming on your phone, tablet tom amazon fire tv, apple tv. you name it, we are there. ♪ >> welcome back to "bloomberg west." fightional media outlets to stay relevant but a new news discovery app going to back roots of language itself to cater to its readers. former editor of the oxford dictionary, it personalizes content based on extensive word graphs. every guest we ever have comes talking their own book. >> i'm also the executive chairman. me why this is such a smart investment. i sawot involved because her give a talk at

the ecb is lowering -- what mario draghi came up with. the ecb is lowering its benchmark interest rate cut to just zero point 15%. it is also becoming the first major central bank to introduce a negative deposit rate. that is an attempt to boost lending to small and medium-size businesses. loansb is also offering to other banks, but on the condition that banks lend more to eurozone is this is. that, mario draghi said the ecb could take more measures if needed. we are not finished here, that is what he said as he spoke during his monthly press -- press conference in front for. as to what countermeasures the ecb would come up with, earlier i asked jesper lawlor in london. i asked him whether he is firing a bazooka or a peashooter. >> i do think that a couple of hours from now, the ecb has largely met expectations going into this. there were a number of policy tools that were a possibility before this and i think they have tics most of those boss -- boxes. on the face, expectations have been met for this meeting, but it is more a question of

we have launched something called mario kart tv. it is a website where you can get video content that consumers post from mario kart eight. believe it is a key win that we are driving awareness with this game. that is just one example of what we are doing from a marketing standpoint, to utilize all of these other devices to drive interest to wii u. nintendo america president and chief operating officer with jon erlichman. ofwill talk with the founder the news discovery reverb. find out how it can change traditional gaming, next. ♪ >> welcome back. i'm cory johnson. traditional media outlets site -- fight to stay relevant in the digital age. there is a new discovery app going to the backwards of language itself. contentersonalizes news and makes an extensive word graft -- graph. roger, every guest we ever have comes talking their own book. you are an investor in reverb. but i'm also the executive chairman. is a- >> tell me why that smart investment. >> i saw this ted talk a few years ago in which she got up and said, the internet s

back to the top story, what will mario deliver? a major central bank will take rates negative today. the ecb president hinted that a cut may be on. see thented to projections that will come out in early june. are in frankfurt and mario draghi will deliver the central bank possibly just interest-rate decisions. looking into the crystal ball, what will he decide? >> well, we have been hearing from the central bank that something is going to happen today. the question is, what? cuts are first on the agenda. we'll see a negative deposit rate and the bank is going to be charging commercial institutions and that has been a negative deposit rate. it has never really been that way at a central bank. it is a dipping of the toe in the water. a small deposit cut to see what is happening to the markets. these commercial institutions -- all of that is something we can expect. interestinginto territories. what will we see with credit easing? longe likely to get a more term liquidity operation to flush money into the system. thank you try to pres

how does mario find these m&a jewels? more importantly how can you invest like the the king of m&a himself? ask him. he is right here. first on fox business, mario gabelli, gamco chairman and ceo. now you know pinnacle and hillshire looking at breakup fees. this is juicy. not over yet. >> i don't think it is appropriate for the entity that controls pinnacle to say, hey, we had a deal. now we want more. they should say okay. we had a deal. take the money. we're leaving. they also announced today, tyson in their document, that they filed and changing form. instead after merger, they're doing tender offer. as soon as they get resolved pinnacle will move ahead. that is part of financial engineering. part of a company that says i have a product that have cash flow and wanted to go downstream. liz: we showed you sitting in a pile of names, that you were smart enough figure out how to buy and benefit from m and a activity there, how did you know? >> first of all we have a team. that does a lot of research. liz: how do they do wh

what will mario draghi say about the state of europe? his news conference is just ahead. >>> plus, we're getting ready for tomorrow's big jobs report. what investors will need to know when the opening bell rings on wall street. >>> and the view from the valley. the cofounder of coin base talking about the founder of bitcoin and the managing partner of tech venture capitalist firm, andreessen horowitz, scott kupor will be our special guest as the final hour of "squawk box" begins right now. >>> welcome back to "squawk box" here on cnbc, first in business worldwide. i'm joe kernen along with becky quick and andrew ross sorkin, who is in san jose this morning. one bubble left to be popped, unfortunately. who else -- >> you forgot about -- >> the piketty snowden. >> changing his mind on that. >> piketty, snowden, obama -- >> no, no. >> coming around on evine. i mean, it just -- >> i don't know, i'm coming around on bitcoin, but not completely, not completely. >> you're coming around on beats, too. >> no, no, no. i'm coming around on apple. b

this is a key concern for mario draghi and the luxury companies. game digital, what a turnaround story. it comes to the london stock exchange in 2012. this is ahed forward, video games retailer, it sells shares just at the bottom end of the range but now worth 340 million pounds. , not looking so good for the supermarket chain. executive can get no let up. 15% say we don't want him reelected as chief executive. 26% voting against the pay packages. one of the key supermarkets here in the united kingdom off by almost 0.9%. >> thank you very much indeed. it is the 70th anniversary of the d-day landings. world leaders including barack obama and vladimir putin visiting normandy to commemorate the event. obama criticized the french president francois hollande for rewarding putin's behavior i selling warships to russia. condemned hollande the u.s. for being too harsh on french bank bnp paribas. tophat note, new york's banking regulator is said to be pressing bnp to dismiss its chief operating officer. authorities are said to be seeking the departure of an

might have to do you more in fact mario draghi himself said at the last e.c.b. presser so if the e.c.b. does do more what would you recommend to do and why well i think there's no doubt that mario draghi would like to push for them and that's pretty clear from his language his body language certainly suggested i think he wants to go forward with some version of quantitative easing large scale asset purchases it's clearly much more difficult to do in the european context than it is in the united states the fed of course has. been a big buyer of u.s. treasury securities and mortgage backed securities there is no version of the u.s. treasury market in europe so the e.c.b. the options are more limited and controversial they could intervene in the sovereign bond market and i think that may still be too difficult politically to get through the governing council in the next several months or as mario draghi hinted they might. move forward. with the establishment of a deeper asset backed security market in which the c.b. would intervene in order to push down private len

way to go. >>> we have our friend, mario batali, from "the chew." >> come over, mario batali. we can all -- a number. mario and i will pick five numbers out of the fish bowl. the winner will get a chance to taste your dishes, as part of your father's day edition. when mario calls your numbers, put on your special chef's hat. you're going to take a seat in our barbecue oasis. and i wish you all luck. the first number. would you help me out with this? >> number six. >> six. all right. get your chef's hat. second number. >> i got another one. >> number one. one. >> okay. >> third number -- number four. where is number four. >> all right. >> i don't know what number we're up to. four or five? >> the fourth number is in your hand. >> the fourth number is, number five. and the final, five, is -- drumroll. >> number two. >> number two. all right. so, you guys know what you need to do. you're going to get some great food with mario batali. and more from our lowe's oasis barbecue. >>> most of us with pets think we can explore the moods of our friends. they can get anxious just like us.

might have to do you more in fact mario draghi himself said at the last e.c.b. presser so if the e.c.v. does do more what would you recommend it do and why why i think there's no doubt that mario draghi would like to push for them and that's pretty clear from his language his spotty language certainly suggested i think he wants to go forward with some version of quantitative easing large scale asset purchases it's clearly much more difficult to do in the european context than it is in the united states the fed of course has. been a big buyer of u.s. treasury securities and mortgage backed securities there is no version of the u.s. treasury market in europe so the e.c.b. the options are more limited in controversial they could intervene in the sovereign bond market and i think that may still be too difficult politically to get through the governing council in the next several months or as mario draghi hinted they might move forward. with the establishment. deeper asset backed security market in which the c.b. would intervene in order to push down private lending

might have to do you more in fact mario draghi himself said at the last e.c.b. presser so if the e.c.b. does do more what would you recommend it do and why why i think there's no doubt that mario draghi would like to push further i mean that's pretty clear from his language his spotty language certainly suggested i think he wants to go forward with some version of quantitative easing large scale asset purchases it's clearly much more difficult to do in the european context than it is in the united states the fed of course has. been a big buyer of u.s. treasury securities and mortgage backed securities there is no version of the us treasury market in europe so the e.c.b. the options are more limited in controversial they could intervene in the sovereign bond market and i think that may still be too difficult politically to get through the governing council in the next several months or as mario draghi hinted they might move forward. with the establishment of a deeper asset backed security market in which the c.b. would intervene in order to push down private lend

might have to do you more in fact mario draghi himself said at the last e.c.b. presser so if the e.c.b. does do more what would you recommend to do and why why i think there's no doubt that mario draghi would like to push further i mean that's pretty clear from his language his body language certainly suggested i think he wants to go forward with some version of quantitative easing large scale asset purchases it's clearly much more difficult to do in the european context than it is in the united states the fed of course has. been a big buyer of u.s. treasury securities and mortgage backed securities there is no version of the us treasury market in europe so the e.c.b. the options are more limited in controversial they could intervene in the sovereign bond market and i think that may still be too difficult politically to. through the governing council in the next several months or as mario draghi hinted they might move forward. with the establishment of a deeper asset backed security market in which the c.b. would intervene in order to push down private lending r

might have to do more in fact mario draghi himself said at the last e.c.b. presser so if the e.c.b. does do more what would you recommend to do and why why i think there's no doubt that mario draghi would like to push for them and that's pretty clear from his language his spotty language certainly suggest it i think he wants to go forward with some version of quantitative easing large scale asset purchases it's clearly much more difficult to do in the european context than it is in the united states the fed of course has. been a big buyer of u.s. treasury securities and mortgage backed. curity there is no version of the u.s. treasury market in europe so the e.c.b. the options are more limited and controversial they could intervene in the sovereign bond market and i think that may still be too difficult politically to get through the governing council in the next several months or as mario draghi hinted they might move forward. with the establishment of a deeper asset backed security market in which the c.b. would intervene in order to push down private lending rates ben do you think

>> you can watch mario draghi's news conference on bloomberg.com/tv. next, general motors ceo reveals the details of the internal investigation looking into why it took gm so long to fix the fatal problems that led to the recall of millions of vehicles. ♪ >> we're about 30 minutes away from the opening bell. equity futures are high. rates. is cutting its mario draghi is speaking now. we will have much more on the headlines. it is not just the environmental threat being waived. a new report on the keystone vulnerability the of a possible terrorist threat. detailsthe straight-ahead. mari barr is revealing new details in this hour. why it took more than a decade to recall vehicles. for more on the headlines coming we are joined by jon ferro and mike mckee. give us the update. >> if anyone doubted mario draghi, they have thrown everything added except the kitchen sink. they have cut rates, taken the deposit rate negative. they have unveiled a package of measures. is about credit easing. beyond that, it is about the chance to prepare for a quantitative ea

might have to do more in fact mario draghi himself said at the last e.c.b. presser so if the e.c.b. does do more what would you recommend to do and why why i think there's no doubt that mario draghi would like to push for them and that's pretty clear from his language his spotty language certainly suggested i think he wants to go forward with some version of quantitative easing large scale asset purchases it's clearly much more difficult to do in the european. tax than it is in the united states the fed of course has. been a big buyer of u.s. treasury securities and mortgage backed securities there is no version of the u.s. treasury market in europe so the e.c.b. the options are more limited and controversial they could intervene in the sovereign bond market and i think that may still be too difficult politically to get through the governing council in the next several months or as mario draghi hinted they might move forward. with the establishment. deeper asset backed security market in which the c.b. would intervene in order to push down private lending rates ben do you think that

forward guidance could be one of mario draghi's clear strategies. there could be lower levels, if needed. he could maintain that language, even if there is a cut tomorrow. the rates could continue to fall. they could go from a little negative to more negative. he has room to fall. it is important that the markets believe that forward guidance does not change in there has not been a change in the ecb strategy. there is no talk of an exit, at this point. >> the signal is that he could come up with unconventional measures, as well. government bond trading has been getting pretty exciting. you also have talks of lending to smaller companies. >> you are right. there has been intense speculation and there will be relief when we hear what the ecb has up their sleeve. the rate cuts -- the the market is looking closely at something to the bank of england's funding-four-lending scheme. on thended -- lend conditions. they said they may give five percent of the outstanding loan thatolios on the condition money is lent the two companies that are smaller. is up f

which is what mario touched on. >> if i think mario had a genie come out of the lamp and that jean geeny said one wish, the feds to hike. that's what he will drive the eurodown. the bank of that japan had the same jeanie, they would ask that as well. get the yen down more and euros down more. >> how does that work? rate hike? >> look at the balance sheet tallies. over the last couple years you have an e.c.b. balance sheet that's contracted. the feds might be tankering, you have a spread sheet that has four million euros. the e.c.b. is half of that. it's the fundamentals behind the exchange rate. you need to see the fed more acty. emerging markets might want something different. japan, the eurozone, they have a very different demand. >> the impacts was felt strongly were the long positions where. emerging markets. credit equities, emerging market effects. eurowas never a low currency in the first place driven by its own dynamics. the impact of the fed on the euroback then was limited. now as positioningure the eurohas changed you have room to make the change. the fed hasn't been -- the fe

>> plus, can mario keep up doing zumba with mrs. o. >>> then, sarah palin going rogue again. >> not only would i dump those terrorists once, i would dunk them twice. >> mario's exclusive at home in alaska, tackling the headlines from donald sterling to hillary clinton. >> do you think the fact that she is going to be a grandmother will make her more

june 15 is when we get mario draghi taking to the stage. >> thank you. these are the bloomberg top headlines. the u.s. department of justice has disabled at hacking network that generated losses of $100 million or more internationally. it announced charges against -- behind the game. authorities are urging computer to run thorough scans in the next two weeks to remove the viruses from their computers. a dozen people are dead in the province after clashes. insurgents attacked and people died in a blast rebels say came from an airstrike. the key rates with at 2.5% for the 10th month. >> the central bank of india has left rates unchanged for the second straight meeting. this is an -- a nine day old government. predicted by all 38 a numbered news survey. the r.b.i says that further policy tightening will not be warranted if consumer price inflation stays on course to hit percent in january 2015 and six percent a year later. if this inflation is faster than its is dated it could revive headroom for easing of the inflation. consumer price gains did a .5% which

esperanzas, pero alguien que todavÍa no se da por vencido este congresista republicano de la florida mario diaz-balart, quien nos acompaÑa vÍa satÉlite desde washington.

muchÍsimas gracias, el congresista mario diaz-balart. y seguimos con el tema de venezuela. venezuela sigue siendo noticia, mÁs de tres mil personas han resultado detenidas en los Últimos tres meses, su crimen, manifestarse en contra del gobierno de nicolÁs maduro. el mundo ha sido testigo de las imÁgenes del ejÉrcito golpeando a los jÓvenes en las protestas, muchos aseguran que han sido torturados y abusados en las cÁrceles de ese paÍs, y para ponerlo todo en perspectiva invitamos a un venezolano que lo engloba todo, poeta, periodista, locutor y escritor, leonardo padrÓn. leonardo, gracias por regresar con nosotros aquÍ al programa. >> encantado. >> te agradezco muchÍsimo. ¿quÉ te parece si empezamos analizando en quÉ estÁn algunos de los personajes protagonistas de venezuela? >> seguro. >> por supuesto, el presidente nicolÁs maduro. ¿cuÁl es la situaciÓn de nicolÁs maduro en este momento? >> bueno, nicolÁs maduro sin duda es el gran responsable de la polÍtica represiva mÁs feroz que ha vivido venezuela en los Últimos 50, 60 aÑos. >> ¿se estÁ mant

mario found out when police arrived that the house is actually abandoned. he returned to work the next d day. so concerned it could happen again. >> i want to know for the future what to do and know what to do. be more aware of my surveillancesurroundingssurroun. >> reporter: recent al papa john's deliveryman in the area was also robbed. but he was rob at gun point. so mario really is concerned that this is a problem and things could get worse. in the meantime police have only a vague description of the suspects. they believe the men are between 20 and 25 years old. jenny? >> thanks, shawnette. police officer was injured and two people were arrested in an assault in center city. this happened along the 700 block of lombard street. police say they were called out for a domestic disturbance w officers ride a woman establish the officer who tried to break up the fight. >> any time we respond to an incident of a domestic incident, or just on patrol you just never know what's going to happen so these officers are i'll trained. these officers are trained to respo

fox 29's karen hepp has mario's battle. >> reporter: mario a is a dare devil. he loves fun. fire trucks and all the saints. his family has been doing a lot of praying. at four he was diagnosed with inn op per rap brain tumors. >> when he was first diagnose, um, they said he had three months to live. and there was nothing they could do because huge mass in his brain. it was the worst day ever of my life. i will never forget it. and it was really hard. >> reporter: mario is fighter. >> it doesn't affect me. it may affect other people because god led me through it. >> reporter: padre pia is one hero. his other jersey guy john bon jovi. it's his favorite song. yes, his he asked his mom if he could come to his lemonade stand tomorrow at woolwich fire department to help kids with cancer. >> anything can happen. you always tell me never to give up. id always told you never to give up. keep fighting for what you believe it. i made a facebook page out of fun. >> it's gotten thousands of likes and south jersey shout outs. mom throws herself into having mario's fourth lemonade stand be

it's really hard. >> reporter: mario is fighter. >> it doesn't affect me. it may affect other people. god got me threw it. >> padre pia is one hero. his other -- >> jersey guy john bon jovi. it's his favorite song. yes, his he asked his mom if bon jovi could come to his lemonade stand tomorrow at woolwich fire department to help kids with cancer. >> anything could happen. you always tell me never to give up. i said yeah i always told you never to give up. keep fighting for what you believe in. he said let's do it. and i made a facebook page. >> it's gotten thousands of likes in south jersey shout ou outs. mom knows it's not likely but she throws herself into having mario's fourth lemonade stand be the best ever. their house is packed with raffle donation items, signed bats fans see handbags. >> i can't take the tumors away obviously so doing this is the next best thing for me. >> so far they've raised $150,000 over four years and the spirits of a little boy whose got everything to for. >> nothing can put you down. nothing can make you go down. never stop be

se acaba el tiempo para una reforma migratoria, pero un republicano, el congresista mario diaz-balart, aÚn tiene esperanzas, le preguntamos por quÉ. estados unidos estÁ a punto de imponer sanciones a venezolanos del gobierno de nicolÁs maduro responsables de asesinato, tortura y represiÓn a estudiantes, pero ¿sirve de algo? y, ¿cuÁl es la salida en venezuela? lo discutimos con el escritor y guionista leonardo padrÓn. estÁn con nosotros los borinqueneers, son los soldados de origen puertorriqueÑo a los que no se les ha reconocido su valentÍa en la guerra de corea, pero dentro de poco recibirÁn la medalla de oro del congreso. hablo con el ex secretario del tesoro, timothy geithner, y le pregunto por quÉ decidiÓ salvar a los bancos pero no a los dueÑos de casas durante la crisis econÓmica. y tambiÉn el dilema del spanglish. ¿estÁ bien googlear, textear y llamar "pa' atrÁs", o es una grave falta al espaÑol? lo discutimos con dos expertos de la academia norteamericana de la lengua espaÑola. y antes de ir a brasil hablamos con dos futbolistas hondureÑos. ¿saben quÉ

you can thank mario draghi for today's stock market records. investors bought up stocks after european central bank president mario draghi announced early this morning a batch of stimulus measures to boost europe's economy and to encourage banks to lend more in the eurozone. that led to market rallies here on wall street and all around the globe. the dow rose almost 100 points, closing at a fresh record of 16,836. the nasdaq gained 45 points, and the s&p 500 added 12.5 points to the new record of 1940. jeff cutmore is in frankfurt, germany, and has more on those moves by draghi. >> reporter: what we saw today was classic draghi at the ecb. a little bit of jam today and a lot of jam tomorrow. so let's talk about the details today. the key moves were in the interest rates. that ultimately now sees a negative deposit rate here in europe. the other big announcement was related to what they call ltros. these are longer-term funding programs. it's a way of squeezing money into the banks to try to encourage them to lend into the real economy. and cred

might have to do you more in fact mario draghi himself said at the last e.c.b. presser so if the e.c.v. does do more what would you recommend it do and why his language is spotty language certainly suggested i think he wants to go forward with some version of quantitative easing large scale asset purchases it's clearly much more difficult to do in the european context than it is in the united states the fed of course has. been a big buyer of u.s. treasury securities and mortgage backed securities there is no version of the u.s. treasury market in europe so the e.c.b. the options are more limited in controversial they could intervene in the sovereign bond market and i think that may still be too difficult politically to get through the governing council in the next several months or as mario draghi hinted they might move forward. with the establishment of a deeper asset backed security market in which the c.b. would intervene in order to push down private lending rates ben do you think that young vide men will go along with q b. that's yet to be seen it is signif

well, mario has raised $150,000 over the last four years. and we have many more pictures that we don't have time to show you on tv right now, but you can see them, just go to seymour bon jovi and his surprise visit to mario, on myfoxphilly.com. click the seen on tv tab. time for tonight's un unfiltere. >> comments and complaints right here on the air. >> our viewers are really real up about. a bride attaches her one month old child to the train of her wedding dress to walk down the aisle. some think it is sweet, others think it is a very bad idea. and then some of you just want to blame fox. tamika writes the media just blows every beep thing out of proportion, people are dropping down dead, wore bid this woman and mother get a life. tam evening, a people love to blame the media. but come on, we're just doing our job, we just present the facts. let you decide. but it sure sounds like this story struck a nerve with you, as well. >> next up, video after bus driving helping a tad letter wandering alone in the street. we called the bus drivers a

mario draghi will be speaking on thursday. a lot of high expectations, worry he won't be able to deliver on .expectations. they're expecting not just rate cuts, maybe forms of quantitative easing, bank loans. they'll throw a lot out of this. they expect a lot of support to come in. there is worries he may not be able to deliver on that. >> then stubborn in past about moving on. >> it is very complicated over there with the ecb. not the same as our system. many different countries will buy bonds from different countries, corporate bonds. bottom line, it is weakening our market today. they upgraded the materials sector. talked about improved chemical production. a lot of companies are buying back their stock. all on the upside. they up graded the energy sector. consumer discretionary, slower pace of housing activity. i think the data in the last week or so has been better than some of the bears suggested. you see the housing stocks mixed. and financials underweighted this. this is the big surprise here, talk about a flattening y

think mario has the potential to help save nintendo on his own? >> yes. yes, he definitely does. so many people love the characters that nintendo has you know, historic over the years. one of the things we have heard is nintendo taking a page out of the book of sky landers and is the infinity, having collectible versions of mario and other characters that can basically make the characters interactive. that is the power of what they've gotten. touched a bit on virtual reality earlier. what are you looking forward to most from e3? >> because we have this conversation of facebook versus sony with both of them obviously so interested in virtual reality with facebook's purchase of oculus. given the position of virtual reality future that is more about communication, does that open the door for sony to grab some real estate in gaming and encourage game developers to come to their platform? we will be looking for more details on that front. >> jon erlichman at e3 tomorrow. get the latest headlines on your phone, tablet, bloomberg.com and bloomberg radio. x are watching this edition of "

the number of copies of mario kart eight sold by nintendo in the first weekend of late may, a pretty encouraging number. it was generally a disappointing story with the wii u. we talked about e3 conference in l.a., and most of the console talk to surrounding microsoft and the xbox one and sony and the playstation 4. for nintendo, the wii u has struggled to stay part of the conversation. >> you think mario has the potential to help save nintendo on his own? >> yes. yes, he definitely does. so many people love the characters that nintendo has made, you know, historic over the years. one of the things we have heard is nintendo taking a page out of the book of sky landers and is the infinity, having collectible versions of mario and other characters that can basically make the characters interactive. that is the power of what they've gotten. >> we touched a bit on virtual reality earlier. what are you looking forward to most from e3? >> because we have this conversation of facebook versus sony with both of them obviously so interested in virtual reality with facebook's purchase of oculus

advised important what mario draghi does? why is that important to what it does to emerging markets? >> i don't think it is that important. it is more important for europe demand for emerging economies. teases -- eases, the euro weakens and if there is not the euro continues to strengthen and the european economy continues to struggle. europe,n the quiet of there is economic growth and is inflation. to apeople are looking concept of a new neutral and a dampening of gdp. when you look at emerging markets, are they part of a new neutral? >> what has happened is that we have, with the opening of china growth.00, very strong emerging economies, including china, had a significant setback and it recovered after 2009. 10-2011, there has been a slowdown in economic activity and ask parts -- exports are not growing. growthhat, we had slower going forward. some countries may have accelerated growth, like vietnam and india. growthy still have less and a slowdown in economic activity. >> the thing i cannot understand and maybe you can he

mario has more on that right after this. ben kaufman, founder of quirky. also known as the world's least important ceo. which is precisely why we tied him to this high-speed train. at quirky, our products are invented by real people who submit their ideas to our website. so whether our ceo makes it or not, quirky will continue to invent incredible new things. products invented by real people like you. quirky. over 150 years of swedish coffee experience.xists that's 150 years of experience in refining and perfecting the rich, never bitter taste of gevalia. and we do it all for this very experience. this very second. this exact moment. [woman] that's good. i know right? cheers to that. gevalia. 150 years of rich, never bitter coffee. ♪ abe! get in! punch it! let quicken loans help you save your money. with a mortgage that's engineered to amaze! (thunder rumbling) (thunderclap) (bellowing fire) (steaming and chugging) (thunderclap) (cheering) (rollercoaster rumbling) the world you've been waiting for is here. the wizarding world of harry potter, featuring t

mario gabelli. we talked about m&a a little bit earlier. i want to talk about some of the other stocks you like. one you have liked for a long time, madison square garden. you say they are much more valuable because of steve ballmer buying the clippers. >> it was spun off from cablevision. financial engineering. there's a reason they did that. then they spun off amc. it is a keeper for jimmy dolan. so you look at the assets. the assets consist of cash, couple hundred million dollars. then you look at the msg network. they've got about 8 million subscribers. they pay $5 plus a month. that business is worth the entire market capital of the country. you get knicks and the rangers for free. they put the knicks at $850 million. that's $1.3 billion. so when you buy msg at $54.75 a share, you get those for free. then you get the rockettes and all these other venues. but i'm ballmer, i'm going -- i'm not going to do his tax return, but he's going to take deductions for the athletes. figure out what happens with regards to the content and distributi

we'll tell you about a super mario milestone. sara has that coming up in "pop news." >> my favorite game. >> me too. >>> first, the latest on a bizarre story about the truly live-in nanny. >> one family claimed she's turned their life into a nightmare. she'd been refusing to leave and threatened to sue. finally this morning, signs their ordeal may soon be over. ryan owens is in los angeles with more. you can't make this stuff up, ryan. >> reporter: good morning, bianna. what a story, right? we have some movement to report in the standoff between this family and their nanny who has not returned to their home since thursday. yes, there may be a deal in the works to end this soap opera in the next couple of days. we want to hear what you have to say. after spending several nights sleeping in her pontiac grand am, the 64-year-old woman dubbed "the nanny from hell" seems ready to throw in the towel. >> i hired a nanny. and she refuses to leave. >> reporter: three weeks after the family fired her and begged her to leave. >> let's just

clearly, euro trading lower as we expect mario draghi to unveil rate cuts. but will it also be stimulus in terms of lending for smaller companies? a look at how we are trading on the market. a little bit of caution ahead of all this data. the adp, the rabbit payrolls number coming out. private payrolls number coming out. lower.ot the dax trading see, caution after yesterday. we saw the stoxx 600 drop from the six-month high -- the six-year high, i might a. -- i might add. i want to check out how tesco is doing after those numbers came in. had been expected. up 1.6%. apparently, the picture is. . if you are a customer. prices are being slashed. higher noting anytime soon, not for several months. companys never been so added. volkswagen is selling shares. all to get their hands on skandia, the swedish truck maker, selling shares to be able to pay for that acquisition. by -- is off by half a percent. once again seeing sales drop. car sales down 11% across this brand in italy. thank you. let's talk about what else is happening today. g7 leaders meeting in brusse