Eastern time. What is going to happen . We tried to do that last time to make people guessing. I guess every time. Not really. Its Business News. And we do our best to try and get something going around it. But the one thing that makes this a little more interesting is some of the whisper numbers. Did you see how high they get . How high are they . The whisper numbers are as high as 300. 300. Do you think people can hear us . Yeah. Why are we whispering . Yeah, 300. Meanwhile, dallas fed president Richard Fisher came from around the world saying the Central Bank Must avoice being locked into calendar based policy commitments. In other words, theyre data dependent. He says Forward Guidance should be flexible enough to allow for changing conditions. He is currently a Voting Member of the federal open market committee. As i said, he made his remarks at an appearance in hong kong. Hes a good friend of the show. And i dont i dont know, are those the two headlines . Neither one of those things are comforting in terms of of new news. Did you hear it . We should set countercommitments and be flexible . Lets check the markets. The s p is called higher today prior to having the numbers come out. The tenyear has the yield has been inching up a little bit. 2. 79 , though. Its below where it was when we were talking about it and the taper was about to start. Well see if theres any Movement Today based on this the jobs number. This is the euro, the pound and the yen as there always is every day. Theres some type of bank fine. Lets talk about this one. Bank of america now reportedly close to a settlement with the Consumer FinancialProtection Bureau this time over its marketing of credit card product. The wall street journal reporting that the bank may pay more than 800,000 to settle allegations that it thwarts customers to sign up for settlement products. This settlement could be announced in the coming days. Take a look at shieares of bankf america today. Youre not ordering that. Absolutely take a listen for a sound bite. How about please take a listen . Oh, if you want, take a look. If youre interested. Its 17. 19 is what the price is. You know warren buffett, hes looking at the prices in an easy way. In the morning, you know, they dont want to be told what to do. Not a lot opportunity to so you have an opportunity to look at the if youd like to keep watching and find out what is happening next, you can. Google, their nes lab is now halted the form alone says over a possible default. The maker of halt of smoke alarms have discovered a defect. This doesnt do that horrible beeping. Theres none of that. It starts talking to you in a voice. Theres a fire, theres a fire, theres smoke. Its calming. Thats what i mean. I want to know if im, like, drifting off and i hear some you know that whoop whoop i like that. You like the noise . Love my adt system. Warning, warning, danger, danger i bypass it. But this will tell you that you have an alarm system, right . Do you have a hokie one . Our alarm system is called a door man. Hopefully hes not a sleeping door man. If you have questions about technology, you might want to i should come to you . Well, i just happen to be a person who downloaded albums. You did . On to my i phone. Now, listen to this. I have a little cord. Theres a thing in my glove box that i plug something into. Into the car. My car plays music. Wow. My car plays my iphone. I went to apple, i spent four hours there at the apple store yesterday. They helped you . I had to bring my Owners Manual of my car into the guy, to the genius desk. After i had already been there for a long time, been out and back to my car like six times. But im going through a phase. I dont know what caused it. I get teary. All morning long it was the thing to and you downloaded it. It costs me money to do it, but it was worth it. Well talk about this, a little later. I was going to buy some cds on on amazon. Who would buy a cd now when you can just download it on to the is this mp3 thing that youve always talked about . Does this have anything to do with shawn parker . No comment. Considering bike murky systems, the Aerospace Giant boeing is looking to acquire that supplier. Mercury is a value of only 440 million. It offers big Data Processing systems, software and services. The company is including boeing, lockheed martin, northrop gruman. Boeing has done really well. Its still off a little bit from that two or three monthsing baub it is close to the best levels its ever seen, which is about 140. Big day ahead in the ipo land. Investors lining up for grubhub. The online Food Ordering Service from those of you in new york. To them, its called seamless, which is what i use. Seamless webb. All the wall street guys, you can order food to. If youre an analyst on the street and at 8 00 at night i wanted to get dinner, you would do it on your iphone and the food would just show up. Grubhub pricing its shares 26 a share higher than the expected 23 to 25 range which has been raced from 20 to 223 on tuesday. That gives grubhub a valuation of over 2 billion. So this is basically a messengering service. not a whole Time Restaurant suitable forte out, are they . Not all. And not all restaurants continuing to keep it hot. And not all restaurants do it. Seems like youre in for an expensive proposition if you do that every night. I mean, you need to cook at home. You cant get restaurant food every night. Correct. But once a week, maybe chinese, thats what it is. Anyway, the Stock Exchange under the ticker grub. You said its going to be under the symbol box, box. It could be baughs. In my house we do a lot of spelling out. Grubhub merged with its competitor seamless last summer. The ceo will be on squawk on the street later this week so you can check that out. Is that matt malone . Is this another one old photograph . No. Hes a very young guy who came one a clever idea. God all mighty. A Mark Zuckerberg idea. I saw his picture on a milk carton. I think hes in his late 20s. Maybe early 30s. Im not jealous. No. There are a couple other ipos today worth mentioning. Ims health trades today. And then the opower is going to trade on nasdaq. They will show customers how much manager they are using. I thought that was different than you know what else i figured out . What . They showed me the power of siri. Do you have any idea what that is . Yes. Call mom. When i leave here, i want to be reminded to call my wife. Play, ladies of the canyon. So anything i want to do, i can do on siri. Yes been. We mine me to call becky quick to see how shes feeling after the show. Im sorry, dave, i cant do that. That is cool. And what is it called . That is cool. The whole environment of the apple store the, they get they all look the same. It almost looks like a colt, but theyre so good. Everybody says hi to me and when youre leaving or hope what is that called . Hope. The whole environment. I think every apple store is consistently like that. And i think its neat the way thats do it. Anyway, David Letterman is calling it quits. And i told the people upstairs i remember his appearance before he was ever on on morning. I used to stay up in junior high to watch him. It was really late. By the time he was on, i was not a young person watching this hip young guy. I never to me, he followed arsenio hall. I didnt get to watch him much. He plans on retiring from the late show on 2015. He made that announcement on thursday. We agreed that we would Work Together on this circumstance and the time thing of this circumstance and i phoned him just before the program and i said, leslie, its been great, you have been great, the network has been great, but i am retiring. What this means now is that paul and i can be married. You see, a lot of the jokes, i always thought that they said they were funny just because i didnt understand them. I dont know. I was a leno guy. Theres the mork mindy episode. And he was a weather man he didnt blow things up. He was a weather man in indianapolis before. Have you ever seen mork mindy on . I did, years ago. At that point, he was probably on repeats. This happened in boulder, colorado. Hes 66 years old, which i obviously a young man. He doesnt need to retire. He began hosting the late show in 1993 the. After leaving nbc, and theres no media plan about who will replace him, theres speculation about Craig Ferguson who follows him on cbs. And then has a woman chelsea hammer. Had that space . Chelsea handler recently announced shes leaving the e network and then there is stephen colbert. That would be a big step up for him at this point. Im going to the leave it there. No comment. Im not going to talk about this guy. Letterman got more we talked about that, he got rough towards the end of his career. Did he not . He became political. You do it on i have a little bit of a sense of humor. I dont need everything laced with and you havent been we vulgz. We got do policy issues. We try to keep it way down. J. Lo is buying fuse and she beat diddy. Remember, they used to date. I love the drama like this. This is not just a board room dram drama. This is a you love and a merger. There is no pop tar too low brow for you to try to bring into Business News somehow, right . Absolutely. Kim kardashian. Of course. The real estate guy. The real estate guy. Frederick. Hes going to philo. You know who else is going philo . Who . The superstar ross westgate. Hes a hollywood star. He is. Ross westgate that would be nice. Good morning, joe. He is the chauffeur. No, i was just film of the film, the chauffeur. Ahead of the employment report today, european equities, andrew and joe, are a little bit firmer. 6 3 the. Advancers outpacing decliners. The Dow Jones Stoxx 600 weighted ahead of the employment report. Yesterday the ftse was down some 10 points. This morning, its been up 30 something around that. 29 is where we stand at the moment. We are pretty much on the session high. Sweat la dax, plenty of gains. And he did remain fairley dovish. There is concern he may have to do something later on in the year as inflation stays low, although it may not. Well see what happens. As far as the sector breakdowns today, this is where we stand. Technology telecoms, retail, health care all slightly weaker. The gains were seeing, resources up 1 . Autos up 0. 9 . Travel leisure is up very much the cyclical part of the market is a little firmer today. We, of course, got more speculation coming out. Well get more stimulus out of china. Weve got a bank of ya pan meeting beginning next week. Are they going to come out with more stimulus, as well. Bearing in mind we have the sales tax hike bouncing through to the resource sector, as well. Theres one stock worth pointing out this morning. Remy cointreau has been up higher by 2. 27 . Though follows being picked up by san tori. Remi is maybe not a bad target. The top management has been leaving the country in recent years. Theyve got a 2. 9 billion market cap with shares about 40 below where we are in february 201. Now, its per speculation, but nevertheless, the stock has moved on that news today. One to keep your eye on. Thats where we stand right now in europe. All right, boss, thank you. Appreciate that. Do you think maybe he thought, wow, when is my nemesis . Do you think when hes out there, here is my chants, finally, we have this new guy coming in. And fallon has huge ratings. Do you think he just said, you know what . Who needs this . Im out of here. I dont know if youll be nice about this. I dont know about ratings. Oh, really . For him hes number one at this . I dont know. I dont know if he cared i dont know. I dont know the answer. Set up for a long time. Right . Hes a child, basically. Hes a kid. Hes at the rising part of his career. His work years. He could not be larry king might come back. The jobs number is out at 8 30 a. M. Eastern. Can we expect a sunny report . With us now is lou brien, strategist at drw trading. Why are you so low . Everybody has been moving the numbers higher and youre below 200, arent you . Yeah. Im always lower than the average guests. Now, the reason that im low and the reason im down to 150 is that i dont think the Better Weather has affected the last three months. I think the december and february data paled in xrayson to the two februarys and decembers before. On a not seasonally adjusted basis, before we get the number that we look at, for the last two februarys, the increase in the payroll was a record since february was invented. The two decembers were the best decembers since the turn of the century. But the example, i think, is the january because every month, every january, payrolls fall, not seasonally adjusted, 2. 5 to 3 million. This year, payrolls fell by about 2. 863 billion. Which the 30,000 less yoon the year before. Back in 08 and 09, there are mon thalg 3 million job losses. So there were lore 329 losses. That number, though, the not seasonally adjusted does not show that pale. We get to march and i think there will be a weather effect because a lot of them are retiring who start to do the outdoor cafes and theres more street traffic and people get hired. March in chicago was the coldest in 54 years. Around the country, there are 2,000 record low temperatures in march because of global warmings. You see how that works. So, in other words, so the Colder Weather in march, you know, with the hiring that is dependent, you know, a large portion of the hiring in march depends on the weather Getting Better so the people start to go back t into restaurants and cafes. But i think it will be about 30,000 less than the 12month and 34month average which are both at about 180,000. All right. Five years usually, but this time it might be longer. It might be. And who knows. And its kind of an interesting thing. The last three decades, okay, lou, thank you. Being totally serious about letterman. 18 to 49 is what people want. They didnt care about anything else. And letterman i think that says something about the next generation taking over. But this says something about the next generation. You know how funny i am, by the way. Thats right. Nos always on purpose. But the next generation taking over the is something that we will gradually start seeing. Maybe its gotten what its going to be like. Is it actually listening. Theyre on youtube, twitter. Some people dont have tvs and still see them somehow, right . On their phone. So theyre cord cutters. I dont like this new world, but i do like being able to play my phone in my car. Im going to play river for you. Have you ever heard river . Coming up, what makes the operations in crimea, that may make some people cry. Plus, a few more stories in this mornings executive edge. Squawk box returns right after this. This. This is not easy. So youre going to think about oh, its just a reader, but we dont have a lot of time. Topping todays executive edge, mcdoobls has suspended work at its restaurants in crimea for manufacturing reasons. The Second International company to cease operations this week on that peninsula that was annexed by russia. Mcdonald anticipates operates three restaurants in crimea. But thats a big place to have only three restaurants. It said it hopes to resume woas soon as possible but offered to relocate staff signaling it did not expect its crimea business to reopen in the near future. So it may be a while. I think were you squared of that clown as a child . Thats a bona fide that they have been named. Im afraid of most its just the way hes smiling over your shoulder like that. What do you think hes looking at . I know what hes looking at. Ive worked hard to get this and a lot of slots. A lot of slots. Weve got another buzz story this morning. The ceo of mow zill la stepping down after a big controversy about a donation he made to opponents of gay marriage. Brannon has stepped down this week from dating size okay cupid to boycott mow zill las firefox browser. This the stems from a donation he made in 2008. Zillas firefox browser. This the stems from a donation he made in 2008. Silicone valley wasnt willing to support that issue. So many people at mozilla either were supportive on the other side or frankly getting there thought it would be impossible to have a leader who didnt believe in their marriage. And not just you know, i dont know. I dont give money to politicians or to causes, but actually taking it its up to you. Thats like 2 thoun bucks to make sure doesnt happen. But its interesting that the board decided to you know who they might be replacing him with. Who is that . You havent thought about this . David letterman . No, angelo mozilmozilo. Can you imagine if mozilo was running they make firefox. But what does that mean . It was this guys last name who was in the financial crisis. Why is mow sill low these days . I have no idea. When squawk returns, what the job redirections means for the economy. The countdown continues. And how to invest like a hedge fund without all the risk . As we head to break, here is a look at yesterdays winners and losers. Alright, that should just about do it. Excuse me, what are you doing . Uh, well we are fine tuning these small cells that improve coverage, capacity and quality of the network. It means youll be able to post from the breakroom. Great did it hurt . When you fell from heaven . awkward laugh . A little. laughs im sorry, i have to go. At t is building you a better network. You are gonna need a wingman. And with my cash back, you are money. Forget him. My Airline Miles will take your game worldwide. What im really looking for is i got two words for you rewards. Theres got to be better cards than this. [ male announcer ] theres a better way with creditcards. Com. Compare hundreds of cards from all the major banks to find the one thats right for you. Its simple. Search, compare, and apply at creditcards. Com. First rounds on me. Good morning and welcome. Becky is not here. Michelle is here with us. Welcome back. Im joe kernen. Andrew ross sorkin and i are here. Becky is out. We needed a little yeah, we did. We need something to cut that with. In the headlines this morning actually, ive got a lot of hair. That means you dont have a lot. That is true. Were about two hours away from the march jobs report. Economists are looking for an increase of 200,000 in nonfarm payroll. The Unemployment Rate is seen dropping to 6. 6 . The fed said we dont care about numbers