fixed income is still a problem. [closing bell ringing] we watch some of the other banks later in the week. liz: bells have rung on wall street. roller coast other out on coney island or any six flags because we lost so much air with the s&p. hear that? nasdaq actually did go down. more than 10 points below the flat line. it lost about 60 points, climbing back. still not gaining a 51 points it had after the citi retail sales. adam: that's right. liz: time for the front page headlines. retail seas jumping the most in 18 months in march. commerce department announced sales increased 1.1%. another sign that the pace of economic growth and perhaps the weather helping to pick up after a long winter. adam: "wall street journal" reports that google will buy titan aerospace, make i of those solar-powered drones.

titan had been in talks with facebook earlier this year. liz: facebook's mark zuckerberg may look to get into the banking business as well. financial times reports that facebook is close to have regulatory approval in ireland for users to store and use electronic money. adam: amazon's stock is going higher after "the wall street journal" reported that the internet giant is planning unveil the first smart phone in june. sources say that phone might replace 3-d images out use of special glasses. liz: tiaa-cref buying asset manager, nuveen investments. price tag, $6.5 billion. the new firm will have $11 billion under assets in management. adam: gm replacing human resources and executives. as g-m fights a pr nightmare over the botched recalls of cars with faulty ignition switches. "after the bell" starts right now.

liz: well, if you weren't paying attention in the 3:00 eastern time show, that you missed all the fun. actually it wasn't that much fun to see stocks lose much of their gains. but stocks back up in the green today. we break down all the action. jason rotman, managing partner who says investors should look to buy companies that are at a discount right now. pickings are slim lately. we have al frank asset management's chief investment officer to tell us where he sees most value in the market. larry shover in the pits of cme. talking to traders at top of my hour just an hour ago. they all believe the russian jet that buzzed u.s. warship, at least news that came out that happened over the weekend, bevel hit the markets and markets were covered. whatwhat do we read into that? >> we read no one knows what is going on. right now the market feels

forced and contrived. what occurred in the last 48 hours to give us a rally we had today? very nice but citigroup earnings were definitely good but earnings season is young. retail sales were definitely good as well but not enough to change gdp. out of europe we hear a lot of recycled rhetoric as it were. u.s. investors are not about to change their investment beliefs with regards to russia and ukraine. so honestly, i think it is just confusion. we see volume is very light right now. everybody seems to wait, waiting for some, less volatility and price stabilization. adam: talk about something we don't have to wait for. jason, why the euphoria overciti? seems they were struck with same thing that hit jpmorgan chase and wells fargo? stock and bond trading took a hit. revenue essentially beat expectations but down year-over-year. the loan loss provisions. seems they're juicing their balance sheet that way. what is going on? >> ultimately the market is

still in somewhat of a bullish mode. in a bull market there is some semblance of good news, big companies beating estimates and whatnot he you will get some momentum buying but i think overall the bullishness that existed in the past five years is actually colossally shifting because of this huge interest rate shift. when is the last time you heard of central bank chairman talk about rising interest rates? not in the past, five, six years. yellen is doing it. i think rising interest rate environment and steady tapering is happening right now. it is not -- happening. liz: she touch ad hot stove and backed down. people were saying, rookie mistake for her, even having brought that up. i do need to have you address that. it didn't appear they're going anywhere on that discussion? >> well there is, basically the fed has too mandates, officially. the first mandate is maximum employment. the second mandate is price stability. liz: right. >> the third unwritten mandate is talk the markets up anytime

you get a dip and that is really what happened. adam: john what do you think of that? is this the time to be getting in. some people saying correction, correction. carl icahn saying major correction. i would think we would get burned if we put our foot in now? >> i don't think so. think about what happened on friday in the market. we went down for no apparent reason just as we can argue we went up today for no apparent reason. we actually have pretty good economic data out last week. even if you think about the fed and people worried about a fed tightening, the fed made it clear they will remain friendly and accommodative for the foreseeable future. yes we continue to taper. that is good news. that is not bad news. we want to see the fed reduce the balance sheet. the reason it is doing that because the economy is getting healthier. which in turn is positive for the stock market because corporate profits are likely to improve. so i like the way the markets are behaving. i like fact that people pay more attention to valuations here in the last month or two. focusing on undervalued stocks

and selling off some of those high-flyers this is positive in my mind. liz: they are hard to find but i'm with you there. this brings me back to larry shover. if you x-out the sabre-rattling in the black sea you see better than expected retail sales. upwardly revised february retail sales and citigroup -- and here comes the sun so to speak and literally looks like any kind of decent data we're getting might be built upon? >> yeah. i can't agree with you more. we have to remember that as the weather gets warmer our numbers will probably get better. household finance is get being better. consumer credit is getting better. auto sales the best number in seven years. manufacturing is on the mend. the employment picture is better. i do know wage growth is not there. that is bad thing we need to address. overall employment is getting better. i still think we're in a material bull market.

we're -- adam: wage growth, wage growth is to the there but things are going to get better. we won't even talk about a china slowdown. >> yeah. adam: i'm curious, jason, given all that to the side where do i get opportunity here? you have stocks you like, 3d systems. what are the stocks i might risk taking a bet on right now? >> exactly. you read my mind this is extremely timely, extremely important. listen, the s&p 500 has gone down what, six, 7%. for whatever reason there are serious powerhouse companies down 10, 15, 20%. 3d systems is down 350% from january. that is a huge move for a company that made half a billion dollars last year? i love 3d systems i think it has tremendously bright future. i love it more the fact it is down 50%. i like bp. bp has a 5% yield. that is down 10% from highs. i love that as a payer.

liz: like three desystems. they come on the though. liz: you have and international gaming technology. that is quite a mix. >> we've done well with our value selections last couple years. when i'm invited on your airwaves i want to give folks that haven't had their day in the sun. stocks that lagged behind and all three are down for the year. we look valuations from our prudent newsletter and high yield. ensco, in the contract drilling space. 6% p-e ratio and. freeport has oil in addition to copper and gold. pe around 11. international game, another became beat up of late, the slot machine maker, 3% different den

yield there and p-e ratio of 11 or 12 times we view as trough earnings as the company just warned a couple of weeks ago. adam: all right. thank you, guys. liz: good to see all of you. jason rotman, john buckingham with larry shover. larry come back shortly best futures close? >> yes, ma'am. liz: good stuff. adam: then we'll talk about the china slowdown. hashtag selloff. twitter's stock down almost 40% this year. is more pain to come? one expert says, oh, yeah, get ready for a much bigger collapse. he will join us next. liz: what makes his words more important, he called it, he called it, well, well ahead of this. plus the crisis over ukraine intensifies. reports of a russian jet passing at close range, buzzing a u.s. warship a dozen times. wouldn't back off. the news hitting stocks today. what does it all mean for the diplomacy your money and the future of eastern europe? we're talking to a former u.s. ambassador to ukraine and an

investor who just met with the ukrainian finance minister. adam: a "first on fox business" interview we'll show you the brand new lamborghini hurricane. are you drooling yet? we have one outside. we'll take you inside. this is just beauty on wheels. we want to hear from you. what is your dream sports car and don't dare say studebaker. fbnatb. your answers ahead. ♪ [ male announcer ] what if a small company became big business overnight? ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace

new technology instead? ♪ imagine a company's future with the future of trading. company profile. a research tool on thinkorswim. from td ameritrade.

[ male announcer ] this m has an accomplished research and analytical group at his disposal. ♪ but even more pressi is how he puts it to work for his clients. ♪ morning. morning. thanks for meeting so early. oh, it's not a big deal at all. come on in. [ male announcer ] it's how edward jones makes sense of investing. ♪

adam: national bank of greece is sinking into the red on reports it is moving ahead with plans for a share offering to boost capital. liz: let's head bake to nicole petallides. she covered this stock very closely. nicole. >> it has been for some time as we followed this story over in greece as they once again need to raise some capital. we saw the national bank of greece, it is a good indicator, of the country overall, liz, and what we're facing and you're seeing now the stock was down almost 15% today. so they are moving ahead with a plan to sell shares, raise capital, to the tune, over just $3 billion. they have goldman sachs and morgan stanley on board as global coordinators to help them do exactly this. so they need to raise this money here to keep on tap with all the plans and regulations set for them. greece certainly has to do it once again. they have their biggest lender

now, they have to answer to and raise the money. back to you. adam: nicole, thank you. liz: we have s&p futures closing. want to head back to larry shover pits of cme. interesting indication tomorrow after what happened today. >> you're exactly right. this present environment remind me of late january or early february. the prerogative the market has to go down and people saying stocks are fat after 15 times earnings. europe is not in a digs inflationary spiral. and ecb is standing by blind. and china can't engineer 7% growth. that said everybody seems to be on the sidelines waiting for yellen to speak tomorrow. we have cpi tomorrow. we also have china economic data coming out tomorrow night. we need stabilization in the market. will we head down the 200-day moving average of 1760? seems like the prerogative. i don't buy it. i don't believe it but it might have to happen. liz: larry, great to see you. thank you so much, larry shover. >> thank you.

adam: after a massive run-up last year, twitter fallen out of favor with wall street dropping almost 40% year-to-date. thedown fall coming as no surprise to our next guest who predicted a massive collapse on this very show back in early february. >> it is that the valuation is ridiculously high, that there is nowhere, much to go. my reprediction it will drop at least another 50%. liz: that was his prediction february 6th. where does he see it now. we bring back vivek wadhwa from stanford university. thanks for coming on. >> sure. liz: i remember at the time you were very forceful about this and said what the reasons were but explain to our viewers how you see the stock now for twitter? >> there is a no way to go but down unless twitter does a magic moon shoot, like facebook did buying whatsapp. here is the problem, social media is becoming less social.

children are not longer going on like they did before and broadcasting to everyone in the world. it is only celebrities like you and adam who, you know people want to follow. so about half, about 40% of the twitter users are not even broadcasting on it. they're listening to people like you. so the market is shrinking. adam: very connect, you bring up a very important point here is that twitter, even if you use their numbers, 240 million subscribers or users that is still relatively miniscule when you look at facebook and some competitors they have already surrendered say in china, even in europe. will they ever come back? >> no, they won't because they're much better apps out there. this is why facebook, did something which seemed really crazy by buying whatsapp for $20 billion. mark zuckerberg really gets it. i have to hand it to him, he defied the odds here and he is figured out how he needs to survive. twitter doesn't have a mark

zuckerberg. this is why i'm not optimistic about them. liz: not optimistic. but looking at twitter overall, this is a company where we just had billionaire investor jeff green who has been long the stock. he has owned a bunch of the shares he got through a technology fund that he got into through jpmorgan, where all of sudden, around, december he tells me, liz, i'm shorting this thing. i think maybe one day it will be amazing. it does kind of own the space but it doesn't justify a $70 price tag it went as high as 70.72. he started shorting it. it looks like a brilliant decision now. but you're saying that continues even though they're striking deals with all kinds of businesses and they do have some type of a business model? >> because the market is shrinking. the number of users is shrinking. 44% are just listening in but 25, 30% are bots. that brings it down to 30, 40, 50, million, active users, 70,

100 million. whatever the number is small. no way to go. how much can you squeeze out of current user space and how much advertising do you sell them before they get fed up and go to something different? >> that is losing model. adam: you're talking about social media just isn't social the way people think about it. in our industry, media is going gangbusters trying to figure out if it is possible to drive people using social media to tvs and vice versa, tvs to social media and get some kind of integration. are you saying that day will never come? >> no, in fact you should exactly do that but more likely you'll be on whatsapp or instagram or pinterest or one of the other sites than twitter because you're finding that people are now talking to their families, to their friends. it is smaller circles they're talking to because they want privacy. they don't want to be broadcasting to everyone. social media hit a stage, like internet. it will be everywhere. the current model of twitter may not be the way we broadcast

information to our friends in the future. we'll do more private setting than we do right now. liz: tough to wring money out of that we saw some of these stats we found rather stunning. 44% of people who have twitter accounts have never sent a tweet. one in 10 tweets are sent from 30% of the accounts or one to 10 tweets, 30% of the accounts, only tweeted one to 10 times. charlie gasparino and i are insane. we're constantly tweeting but use it as promotion. they're not making any money off us. >> that's right. people like you who are fueling twitter's survival. we're making it survive because celebrities on there and everyone wants to listen to celebrities. it is awesome in that respect but you can't justify the $20 billion plus market cap. that is where the problem is. adam: vivek, i was here when you made the prediction about twitter. good to have you back seeing you accurate. we do want twitter, we like positive business models. >> i'm active on twitter.

use it all the time like you do. liz: i follow you, very connect, thanks. adam: all the best could you. >> all the best. liz: call it the sleeping giant of tech that is waking up. a turn-around story that many investors, many of you out there have overlooked. coming up we tell you whether you should be jumping into sleeping giant's stock right now. adam: i tweeted about this earlier. it is sleek, it is sexy, not talking about liz claman. can you accelerate from 0 to 60 in three seconds? liz can't. we'll take the wraps off this speed demon. it is outside our studio. we're talking about lam georgine any. "first on fox" interview. liz: it is outside. that is beautiful. ♪ all stations come over to mission a for a final go.

this is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers.

liz: pro-russia protesters openly defy the ukrainian government's deadline to lay down their arms. dozens of armed men storming yet another police station in the eastern part of the country and the escalating crisis in ukraine is spooking the markets. look at this. when headlines crossed today that a russian fighter jet made multiple close range passes near an american navy warship over the weekend, u.s. stocks immediately fell from their intraday highs. you see that big divot there on the right. happened to the nasdaq, s&p, the dow, russell. the u.s. and europe are threatening further actions and sanctions that actually includes the u.k. what will happen next and how

will it impact your money? joining us john hirt, former u.s. ambassador to ukraine and thomas company managing director ambassador hurst, i want to get to you first. this is extraordinarily disturbing. we know that the cia chief was in kiev over the weekend. what does that tell you and how much worse does this get? >> well, mr. putin seems bent and determined to exercise serious influence in the ukraine and if not have ukraine pursue eastward leaning course perhaps take another chunk of ukraine, except he is afraid of western sanctions because his own supporters in russia are opportunists than nationalists. he is trying to seize parts of ukraine creating disorder via stealth agents and then complain that russians and russian speakers in eastern ukraine are under threat. that is his game. liz: he is trying to destablize

certain other regions, it appears. >> that's right. liz: we had bob hormats, former state department deputy and he was saying exact same thing. he is standing by the administration's announcement, clearly russians are complicitly and passively helping or actively helping. thomas you were on the show six weeks ago when this all began, shortly thereafter. you traveled to the region. you helped build a ukrainian business leaders coalition to do what? to do exactly what? >> we're looking to business leaders from ukraine and business leaders from the u.s. together to show unity and confidence in the country. now is the time that ukraine certainly needs that it has been a problem obviously to look at ukraine as an investment destination for the west but that is exactly the reason why more focus needs to be placed on it. putin's game is to try to isolate these regions, to try to slowly encroach on certain eastern borders. and he is doing that

successfully. we're going from a situation where we had relative stability three months ago to a situation where now we're back into what was ultimately potentially a full-blown cold war. liz: guess what, john? he is destablizing his own country because the ruble is dropping and the stock index is dropping since this all began. according apparently to bob hormats they can't go to the credit markets right now. they have to try to hustle credit markets and at some point the richie rich oligarchs are saying, mr. putin you have to cut this out. >> that's exactly right. it is certainly a problem. when we approach our investors, private equity firms here in the u.s. and europe they laugh at the concept of going into ukraine today. that is all the more reason why we need to start picking up the pressure, trying to get people focused bringing liquidity to the market desperately needed right now. right now interest rates are

skyrocketing. yields are widening in ukraine. now is the time that the country needs assistance. liz: ambassador, what is the number one most important thing the u.s., perhaps and europe can do? we now know that the u.k. foreign secretary is very angry and says russia has to pay for this kind of behavior. what should they all be doing? sticking together? there was a peteing in luxembourg. what should we do? >> if the united states and western europe act together and decisively we can probably stop mr. putin from destablizing ukraine. i say probably. it is not definite. we need to do two things. there have to be serious sanctions in response to the current efforts of this version. united states is already sanctioned one russian bank. we need to sanction a couple of more. europeans, especially brits have to join news this. at the same time we have to take series of military steps. increase deployments to the eastern members of nato, baltics, poland romania and offer ukraine, both

counterinsurgency advice and lethal equipment. anti-aircraft, anti-take weapons. let the red army know if they come across-the-boarder they will take serious casualties. liz: you have to carry a very big stick here. thomas, the last time you were on you were checking to see how business deals were going. what is the status there? are they frozen? is anybody doing business there right now? nobody in essence is doing any business there right now. government and private sector is preoccupied. everyone would like to think about doing deals. everyone would like to think about getting working capital relief to business but fact of the matter people are waiting for elections we hope will occur on the 25th of may. people are waiting for additional diplomatic negotiations but at the end of the day it's frozen and the situation is only getting more tenuous. liz: john, last word here, very quickly. >> again, with a statement from the british foreign minister's a good thing. if we're able to take serious steps the next day or two,

sanctions against the russians, it will give mr. putin pause. and demonstrate support for the government in kiev. liz: sanctions may actually work. former ambassador to ukraine, john herbst. and bill fredder, we're glad you're back safely. adam, over to you. adam: while investing world is watching names like facebook an apple during the big selloff there, is one under the radar name that managed to outperform while nobody was watching. we'll tell you who it is and whether the rally will continue. the need for speed. look what we have outside the studio, the new lamborghini, huracan. don't say hurricane. drive that in manhattan. yeah, right. we take you inside the 610-horsepower, v-10 supercar. of lamborghini. could you drive that in manhattan on a "first on fox business" interview. ♪

my dad has aor afib.brillation, he has the most common kind... ...it's not caused by a heart valve problem. dad, it says your afib puts you at 5 times greater risk of a stroke. that's why i take my warfarin every day. but it looks like maybe we should ask your doctor about pradaxa. in a clinical trial, pradaxa® (dabigatran etexilate mesylate)... ...was proven superior to warfarin at reducing the risk of stroke. and unlike warfarin, with no regular blood tests or dietary restrictions. hey thanks for calling my doctor. sure. pradaxa is not for people with artificial heart valves. don't stop taking pradaxa without talking to your doctor. stopping increases your risk of stroke. ask ur doctor if you need to stop pradaxa before surgery or a medical or dental procedure. pradaxa can cause serious, sometimes fatal, bleeding. don't take pradaxa if you have abnormal bleeding or have had a heart valve replaced. seek immediate medical care for unexpected signs of bleeding, like unusual bruising. pradaxa may increase your bleeding risk if you're 75 or older, have a bleeding condition or stomach ulcer, take aspirin, nsaids, or blood thinners...

...or if you have kidney problems, especially if you take certain medicines. tell your doctors about all medicines you take. pradaxa side effects include indigestion, stomach pain, upset, or burning. if you or someone you love has afib not caused by a heart valve problem... ...ask your doctor about reducing the risk of stroke with pradaxa.

a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. but i didn't always watch out for myself. with so much noise about health care, i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile, not random statistics.

they even reward me for addressing my health risks. so i'm doing fine... but she's still gonna give me a heart attack. innovations that work for you. that's health in numbers. unitedhealthcare. ♪ ...work with equity experts... who work with regional experts... that's when expertise happens. mfs. because there is no expertise without collaboration. liz: as investors rush to unload shares of once high-flying tech stocks there's one bellwether that has been flying under the radar and outperforming the industry's peers while not too much people were watching. hewlett-packard, hpq, on a tear. look at this stock, okay? up 17.6% so far this year. and up more than 56%

year-over-year. will upward momentum continue and what caused it and what will they have to look forward to? we have peter misek. jeffries equity analyst. it is ridiculous that nobody noticed it was under the radar because we noticed it and how it was one the dow's best performers. how do you give credit, meg whitman gives a turn around in the tech world? >> she deserves a bit of credit stablizing the situation and put people in good place and now she has a plan and trying to execute it. she has that going for her and we're seeing at the same time a rebound in i.t. spending and frankly a refresh of enterprise sitting on five or six-year-old equipment. liz: all we ever hear is the pc market going down. has it finally stablized and is that what is helping hewlett-packard? >> it is certainly not as bad as it was. fell roughly 2% last quarter,

year-over-year. will fall a couple of%, year-over-year. it is getting better. last year it fell over 10. we're seeing better. we're seeing servers, storage, networking, areas where hp started to develop a presence and hp is taking share n the pc world we're seeing they're starting to excute on enterprise. liz: hp has big market share. lenovo overtook them. nonetheless, hp doesn't have a tablet that is a must-have. it doesn't have a phone. how can it survive with laptops? you mentioned servers and just pcs? can it? >> well, for now it can. what it will be challenged showing it can extend a road map into the new devices and allowing companies to work with them. thus far she has done a good job convincing folks, hey, you might not think of us for a tablet or smartphone but we can get you there. we'll have the all the infrastructure behind it to work seamlessly. liz: what is the announce meant getting into 3d printers do. >> i don't think it all had that

much. the 3d printing group traded off and some because of pcs and tech sector melt down. she is trying to show innovation. trying to show to getting back to the roots, how the company was founded and trying to develop new products. >> now we get to sort of the bones at this. it trades at what, 8.7 for forward pe? >> that is inexpensive still. >> still very cheap a lot of big tech companies are cheap. you can get emc. , apple if you strip out the cash for less than that. it is starting to get in the range where it is kind of cheapish like all the other big, older tech names and we think they will continue to do well. that group was poise to outperform. we think they will do well by the end of the year. liz: dell is not publicly-traded. does that help hp's case. >> we think dell is doing well as private company. rejigged the business model and refocused it so it probably would have done well as well.

liz: this is hewlett-packard. we use them. we use hewlett-packard's around here. so it will be interesting to see if the trajectory continues but up 56% over the past year. peter, thank you so much. >> thanks for having me. liz: peter misek. don't go anywhere, when we take you "off the desk," we're bringing a story we promised we would get to today for all you travelers out there. there is a new app that will let you kiss jet lag good-bye. i need that. we're getting a first on fox business look at the brand new, 2015 lamborghini huracan. this is live picture from the corner at 48th and 6th. we're talking to lam bore genie's ceo and president, about one of the most anticipated supercars ever. look at that! (vo) you are a business pro.

maestro of project management. baron of the build-out. you need a permit... to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. and only national is ranked highest in car rental customer satisfaction by j.d. power. (aaron) purrrfect. (vo) meee-ow, business pro. meee-ow. go national. go like a pro.

if ...hey breathing's hard... know the feeling? copd includes emphysema and chronic onchitis. spiriva is a once-daily inhaled copd maintenance treatment that helps open my obstructed airways for a full 24 hours. spiriva helps me breathe easier. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines yotake, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. other side effects include dry mouth and constipation. nothing can reverse copd. spiriva helps me breathe better. does breathing with copd weigh you down? don't wait to ask your doctor about spiriva.

liz: time for a quick speed read of some of the day's other headlines. five stories, one minute. first up, walgreens under pressure from a group of shareholders to move its headquarters to europe to take advantage of tax benefits. a report by "the financial times" says this group owns 5% of the company. u.s. beef prices soaring to a -- 27-year high as grilling season approaches a dwindling number of cattle and growing export demand have caused prices

to surge. subway removing a dough conditioner, chemical, used in its bread. the sandwich chain announcing the changes after a food blogger got more than 50,000 signatures in a petition drive. as millions of americans race to meet tomorrow's tax deadline your chances of getting audited are lower than they have been in at least nine years. budget cuts and new responsibilities are straining the irs's ability to police tax returns. new report says spotify is teaming up with sprint to offer the mobile carrier's users a free trial. the deal could be announced late they are month. and that is today's "speed read." [buzzer] dough conditioner. i don't want to know what that is. back when traders used to get their bonuses right around christmas they would rush out in the '80s and '90s to get, a ferrari. that is not the case anymore. they want what adam shapiro has down on the corner live, first on fox business on the corner of 48th and 6th. show it to us. adam: liz we're talking about

lamborghini. ferrari move over. bugatti, who needs you. they shocked world in the geneva auto show, 2015 your can ran, not hurricane, huracan. talk about this incredible machine that can go 202 miles per hour. we have the ceo of lamborghini joining us. this is amazing machine, $237,000. we'll show the car on another camera. already you sold 1000 of these. 300 in the united states. what is the demand for the car? >> the demand is very high. we sold more than a thousand and more than even 300 here in the united states. united states is important because it is our biggest market. we're looking forward to a big bang w is hitting the road. adam: the car, this is the first time new yorkers are getting to see this car live outside of fox. this car, delivery, when? this summer, in the fall. >> it will be the late summer. for the u.s. we'll start all around the world in late spring and late summer. adam: tell me, open up the car

for me. let's go in and show the interior. this car, 202 miles an hour if you can get away with it in the united states. >> right. adam: 610-horsepower. bring in the camera to show the interior. 610-horsepower. v-10 engine. this is the not fastest but the sleekest. >> no. we have interior, exterior we have three things that are success. always to be recognizable as a lamborghini and at the same time very different. then it is all about form over function. so there is no gimmicks. no pimping the ride. this is just about the car. and then, we have our inspiration which is coming from the fighter jet. these are the three guidelines for the design. adam: cockpit looks like a fighter jet. anybody who sees the car on the street will obviously know this is lamborghini. this is 14 successful years with the gallardo.

you sold 14,022 of those. this replaces that at $237,000. this would appeal a lot to men but perhaps women as well. >> what we're looking into for lamborghini to have very pure and absolute approach with the cars. we're customer business is male driven but coming become also female. we have a few. if they get more, we're very pleased. adam: the design of the car as you talk about it, it is inspired by a fighter yet. yet you could drive this, i joked about driving in manhattan with the potholes you wouldn't want to do that but you could. >> yes. we seek about the car's instinctive technology. it is easy on the road and performing on racetrack. we have all the technology inside is meant to be you feel it like a glove and tailor-made. what we would appreciate, if the, if the customer steps in and he is better than he thinks he can drive it. adam: very quickly, naturally about the engine of the using

fuel injection and some kind after system that goes back and forth between the two? >> no. engine at 610-horsepower. the best we've ever done. we think it has a lot of potential to come. adam: so this car on sale now, over 1,000 orders worldwide. 300 in the united states. delivery one more time. >> deliverly will be in the second part of the year, for the united states. adam: we're going to get one at fox business, as a test model to work how as a news vehicle, right. >> you're welcome. adam: liz, got to tell you, 19 miles to the gallon, all right? it's a bargain, 237,000 bucks. come on. passover tonight. if our people left egypt in this thing, 40 minutes to canaan. wouldn't have taken 40 years. back to you. liz: on passover, no less. i love it. a thousand ordered. thumbs up for the economy, at least a small slice of it. thank you, adam. wow, ferrari so yesterday, is that what they're saying?

should bitcoin be treated as property or a currency? we had this debate a month ago but now the irs is talking about it and saying you know what? bitcoins are property. they can be taxed, however a leading congressman strongly disagreeing. the fight is on. we'll tell you about it in just a moment. in case you don't want to wait in line to get your pot in colorado, one company has come up with a new way to cut out the marijuana middleman. we'll tell you how when we take you "off the desk." this marijuana thing is becoming big bucks. ♪ why is our arizona-based company relocating manufacturing to upstate new york? i tell people it's for the climate. the conditions in new york state are great for business. new york is ranked #2 in the nation for new private sector job creation. and now it's even better because they've introduced startup new york - dozens of tax-free zones where businesses pay no taxes for ten years. you'll get a warm welcome in the new new york.

see if your business qualifies at startupny.com c'mon, you want heartburn? when your favorite food starts a fight, fight back fast, with tums.

heartburn relief that neutralizes acid on contact. and goes to work in seconds. ♪ tum, tum tum tum... tums!

liz: turns out a u.s. congressman strongly disagrees with a recent irs ruling that bitcoin will be treated as property not as a currency. texas congressman steve stockman introduced legislation that would treat the digital currency as a currency for tax purposes. adam: rich edson live from washington, d.c. to help explain all this. rich? >> adam, some bitcoin advocates call it a paperwork disaster. the irs says the digital current currency bitcoin is property, not currency. meaning they have to keep records what they buy and market value what they pay for them and reporting appreciation and

losses to the irs to insure the government is getting any cut of any gain. the bitcoin foundation says, quote, tax treatment of bitcoin as a property and not a currency, may make compliance with tax laws, unnecessarily cumbersome and imposes untenable reporting and reporting requirements on its users. congressman steve stockman a texas republican wants to change that he introduced a bill requiring the irs to treat bitcoins as a currency allowing users to forego all the bookkeeping. stockman says he thinks his fellow lawmakers are slowly coming around to embracing virtual currencies. >> a lot of them, my colleagues, have other things on their plate and they're just not focusing on this but i think in time we will have bipart sawnship on this and make it work. >> some awe lakers are making attention to virtual currency or at least know what it is. less than a week ago congress host ad bitcoin atm.

law makers and bought and redeemed bitcoins in the hallway of one of the congressional office buildings here in d.c. as for stock hand's bitcoin sure ren can i -- currency bid, aids say unlikely it moves through congress anytime soon at least. back to you. liz: this is a battle, that is not over, far from it. rich edson, thank you very much. adam: as you know all the jet-setters know flying from one time zone to another can cause major jet lag. there is an app for that. we have more when we go "off the desk." liz: first soda chips and cupcakes and 3d printing oreos. now they're taking a vending business to higher with machines for pot. we have details straight ahead. adam: have fun. ♪ ♪ i know a thing about an ira

♪ and i got the tools ♪ to do it my way ♪ i got a lock on equities ♪ that's why i'm type e ♪ ♪ that's why i'm tyyyyype eeeee, ♪ ♪ i can do it all from my mobile phone ♪ ♪ that's why i'm tyyyyype eeeee, ♪ ♪ if i need some help i'm not alone ♪ ♪ we're all tyyyyype eeeee, ♪ ♪ we've got a place that we call home ♪ ♪ we're all type e ♪ liz: let's go off the desk.

anyone who has taken a long haul flight knows how tough it can be to get adjusted to a new time zone. guess what? there is now an app for that. the problem is end train. it works by collecting your flight information. then using mathematical formulas to calculate when you should expose yourself to the sun, and when you should avoid it. the app can reportedly shrink 12 days of jet lag into a mere five or six-day experience 69 end train was developed by a student and professor at the university of michigan. adam: also "off the desk," remember when you could only get a candy bar at a vending machine? now we have vending machines that spit out freshly-made cupcakes and as of this weekend, pot. a company american green, introduced a first ever pot machine used in vail, colorado. the so-called, zazz machine requires users to swipe their driver's license to verify their age and identity. liz: end of western

civilization. really? moments ago we showed you the brand new lamborghini, the huracan. we asked you an twitter and facebook what is your dream sports car? tab, says give me american icon, for the dream sports car, the 2014 corvette stingray. adam: a lot cheaper than lamborghini. griffin on facebook wants the new huracan now. you will have to wait a couple months. liz: so does my nine-year-old son. economists expect cpi to rise .1 of a% month over month. this occur cpi, will exclude food and energy, often volatile is expected to climb .1 of a percent. adam: number one thing to watch is earnings from tech giant intel. yahoo! is expected to post earnings per share of 37 cents and $1.1 billion gain in revenue. intel expected to post revenue of earnings per share of 3 cents and 12.8 billion in revenue biz

we want to mention in the 3:00 p.m. eastern hour, we saw the markets lose most of their gains. it was most pronounced with the nasdaq which had been up 51 points. lost it all. went down more than seven points for a pretty decent span of about 60 points. much of this due to the fact that a jet owned by the russians had buzzed a u.s. navy warship about 12 times over the weekend but the news came out at 11:30 a.m. eastern time. it really being showed the markets adam. all intraday charts looked like this. we did climb back but didn't regain everything. adam: where we started out with citi's earnings we have major financials to report this week. put kip low mat tick and financial issues aside, traders get back to business we have to hear from goldman sachs, american express and bank of america. people are looking a the financials pause they took a hit. wells fargo which essentially beat the street took a hit in key areas, stock and bond trading. we'll have toe sue who place out with other banks.

liz: two pieces of good news. better than expected retail sales for month of march. upwardly revised retail sales for february and citigroup beating investments. adam: better news. "the willis report" is next. liz: we'll see you tomorrow. have a great night. gerri: hello, everybody orange county i'm gerri willis, right now on "the willis report"? new calls for a taxpayer bailout. also should the government force young people to save more retirement? people are take the idea seriously. what do you think this? the unseen risks for parents who want to give their house to their kids. we're watching out for you on "the willis report." gerri: the deadline for filing your taxes if you haven't already is less than4 hours away. yes, here we go again. the good news the chance of getting audited by the irs is lowest in years. the bad news if y