Oil is down slightly as dow futures point to a higher open up 19 points. Stocks in japan in rally mode overnight, the nikkei up 3 . Other markets were higher in asia as well. Nicole we give you specific numbers, the shanghai composite index down 1 2 , oil pulling back and hang saying in hong kong up 1. 5 . Italy to historic flooding in houston may get worse before it is better, more rain is expected, latest news in the forecast for you. Nicole microsoft, googles parent outfit with quarterly profits, we will tell you what to expect. Lauren lebron james leads the Cleveland Cavaliers to a numtwo0 playoff seed in the Detroit Pistons and the miami heat up two games and none over the Charlotte Hornets. We have the playoff highlights. Nicole it is 5 01 new york time, your first look at what is moving in the markets, latest breaking news and what to expect for the day ahead. Breaking news this morning, both sides reach an agreement with the Us Government to pay 1 billion to compensate owners of diesel cars. Not clear how much money each owner will get. The agreement is expected to be revealed later this morning in a Court Hearing in san francisco. Both expected to buy back 500,000 vehicles that use software to evade us emissions rules, including the jetta sedan, golf compact, the german automaker admitted it cheated on emissions tests for 11 million vehicles worldwide. Nicole another major automaker is in trouble, japans Mitsubishi Motors announcing an internal investigation found its employees falsified fuel mileage test data, saying the inaccurate test involved 150,000 of its own brand cars as well as 470 vehicles produced for nissan and this as nissan pointed out inconsistencies in the data. Shares of mitsubishi dropped 15 yesterday. Lauren General Motors reporting earnings before the opening bell. The automaker expected to post a profit of one dollar and wanted to share up from a year ago, revenue is expected to decline slightly to 35. 4 billion. Investors watching for any clues about future car sales especially for signs that the us market could have planned out a bit. Gm car sales rose in march but there are concerns the gains will not continue despite lower gas prices and a down market getting better. Lauren a day after a huge victory in the gop New York Primary donald trump telling supporters they are going to enjoy watching him beat Hillary Clinton in the general election. He was on the Oreilly Factor last night. Looks like we are in very good shape to go right to the end i will take on crooked hillary. I will take on Hillary Clinton and i think we are going to win. Lauren Trump Campaign in indiana, 57 delegates up for grabs in that state which holds its primary may 3rd. Jeff flock has more. You wonder why donald trump in indiana with the primary two weeks away, and other primaries in the race, a critical state. How the rest of the primaries may go based on how they are expected to go donald trump figures to do well next week. Indiana could be critical. It is an up for grabs state and the state with a large number of delegates, 57 delegates and these are delegates already named by state party officials, so the popular vote in the primary is going to be key. If he wins the popular vote, they will be committed to him on a first ballot even if they dont personally like him. In the past that first ballot to the second ballot down the road those delegates, john kasich says are committed to him. This could be trouble to get past the first ballot with the indiana delegates, one reason trump wants to be sure to win that popular vote two weeks from now. Indiana state fairgrounds, jeff flock, back to you guys. Nicole jeff flock always in the middle of the action. After a crushing defeat in new york senator ted cruz mathematically eliminated from winning the gop nomination. Ted cruz says the Republican Party will have a contested convention in july. I will not reach 1237. Donald trump will not hit 1237. We are going to arrive in cleveland with me having a ton of delegates and donald having a ton of delegates. At that point it is going to be a battle to see who can earn the support of a majority of the delegates elected by the people. Lauren ted cruz will be in maryland and indiana today. Lauren Hillary Clinton campaigned in pennsylvania which will award 189 delegates next tuesday. The former secretary of state slammed republican rivals including ted cruz for his proposal to patrol muslim neighborhoods. This is dangerous. This is not a free kind of rhetorical flourish and ted cruz talking about religiously profiling american muslims and having special Police Patrols to go through muslim neighborhoods. Senator Bernie Sanders took a day off in his home state of vermont and he will be campaigning in pennsylvania tomorrow. Lauren president obama continues his visit to saudi arabia amid tensions between the two countries. More now from blake berman. President obama meets with a gathering of leaders today at the Golf Cooperation Council following meetings yesterday with things king solomon of saudi arabia. The white house is that included ten of the administrations top players, among them the defense secretary askari, National Security adviser susan rice and the head of the cia john brennan. Counterterrorism on the top of the list of that agenda. The president s trip to saudi arabia comes amid two debates at home surrounding 28 pages. Those of the classified document seen by a small group of lawmakers many of whom investigated the lead up to 9 11. The suggestion of some that the documents could show the saudi government at some level could have had some link in the september 11th terrorist attack. Former iraq envoy paul bremer told neil cavuto he thinks those contents should be made public. I dont understand the president s concern. He would have quite an impact on the way americans view the saudis. In the end, it should be what it should be. Reporter Administration Officials said the issue did not come up in the meeting between the president and king solomon. Back to you. President obama flies to london to persuade british voters to remain in the e. U. There will be a meeting in june. There appears to be no let up in the rain that has parts of houston underwater and so far at least 8 people have died in these floods and all of those who died were found near vehicles in flooded areas. There have been 1200 water rescues during the flooding. The army of engineers is keeping an eye on two aging dams on houstons went side. The mayor says it is the most rain they have seen in 15 years. The flooding has been of historic proportions. It hasnt been this much water since hurricane alice back in 2001 so we are working through it, both the city and the county and tween 9 other counties as well. We will have a live report, maria molina coming up and she is great at looking at these things closely. Nicole microsoft reporting after the closing bell, expected to turn healthy firstquarter numbers thanks to its dominant position in Online Search and display advertising, expected to report a 21 increase of profit and 18 increase in total revenue compared to a year ago. Outfit shares up 43 in the past year. We like that. Microsoft hopes to make five straight quarters of beating expectations, gains and Cloud Computing could offset declines in the pc market. Microsoft opposed an increase in revenue from a year ago, earningspershare are forecast to increase 4 . Microsoft shares are up 33 in the past year, close to 5559 yesterday. Lets do a market check, starting in asia. This is our stocks closed today. The shanghai composite the only red arrow on the screen in china, that index down 0. 7 , the nikkei in japan making a nice come back up 2. 7 , the hang seng in hong kong up 1. 6 and the cosby in south korea up 0. 8 . Lauren european trading, the german dax is a 12 45 , london footsie down 1 and cac quarante flat, slightly lower. Lauren us stock market futures, three Straight Days of gains, downturns futures, nasdaq futures higher by 4. Getting closer to alltime highs yesterday we saw oil jump, yesterday down a penny, 44. 17 a barrel, gold gain 6. Lauren here is look at the headlines in the wall street journal, Companies Struggle to get back to work, aftershocks plague operators in factories in the region where two large earthquakes hit last week. Then this one. E. U. Antitrust body charges google over android apps, impose restrictions on android devicemakers and Network Operators and walmart nominates the grandson of the companys founder to its board. The retailer will cut the number of directors to 12 from 15. Lauren coming up a meeting in florida for the gop. The Republican National committee change any Convention Delegate rules . We want to put our hand on the scale and understand we want a fair and open nomination process, we want to take the rules out of the equation and make this about a vote on the floor. Nicole peter barnes will have a special report from florida and Harriet Tubman will replace president Andrew Jackson on the front of the 20 bill. Why the switch . We will tell you. You are watching fbn a. M. , your first look at morning market and breaking news. Nicole welcome back, it is 5 15 in the morning in new york. Volkswagen has reached a deal with us officials to buy back almost half 1 million diesel cars that use Sophisticated Software to evade us emission rules. Compensation fund for owners worth 1 billion. The president ial campaign has shifted to five Eastern States holding primaries next week in the battle for delegates continues there, Tech Companies microsoft and google reported earnings after the close today, Analysts Expect good numbers. Stock market futures ahead of the opening bell, dow futures gaining 10 points, s p up 1. 5 points and nasdaq futures up 2. Nicole Republican NationalCommittee Meets today to way changes on its Convention Rules. Peter barnes has a preview. Reporter republican officials meeting here in florida will hold a session of their rules committee this afternoon and they are considering possible changes to the rules for the Republican Convention in cleveland this july. Generally speaking there are some members who would like to have a not trump candidate at the top of the ticket and that would require some changes to the Convention Rules but one member of the rules Committee Told neil cavuto that he is reluctant to make any changes ahead of the convention itself. It is highly unlikely the rules will be changed to allow someone other than our two leaders i cant predict what the Convention Rules committee will be doing but it will be made up of mostly ted cruz and donald trump delegates. When i hear talk about a fresh face with that kind of thing i become skeptical about that because we are here on the ground dealing with the rules committee and i dont see that happening now or in july in cleveland. We are going to go with trump and ted cruz and lets get on with it. Reporter supporters of donald trump and ted cruz are opposing any major changes to the Convention Rules and rights priebus wants to hold off any changes until the convention itself. Back to you in new york. There is going to be a new face on a 20 bill and it is a woman. The Treasury Department says Harriet Tubman will replace former president Andrew Jackson on the new 20. She is best known in the United States for her role in smuggling slave to safety through the underground railroad. Jack lew called it a powerful message and described tubmans life as the essential story of american democracy. Jackson will be pushed to the back of the bill. Changes will put historic figures on various bills like the 5 bill and a 10 bill that have largely remained the same for decades. Treasury has dropped plans to remove Alexander Hamilton from the 10 bill. He will just move to the back. Lauren historic flooding in houston, texas. And the rain is not over yet. Rain and more rain coming. We are not going to have a major situation. Lauren maria molina will give us the forecast for houston. Lebron james leaves the Cleveland Cavaliers to a numtwo0 playoff series lead over the Detroit Pistons and the miami heat up 2 games to none over the Charlotte Hornets. The playoff highlights for you, stay tuned to fbn a. M. You are watching fbn a. M. With your first look at morning markets and breaking news. Thank you. Ordering chinese food is a very predictable experience. I order b14. I get b14. No surprises. Buying business internet, on the other hand, can be a roller coaster White Knuckle thrill ride. Youre promised one speed. But do you consistently get it . You do with comcast business. Its reliable. Just like kung pao fish. Thank you, ping. Reliably fast internet starts at 59. 95 a month. Comcast business. Built for business. Show show me more like this. S. Show me previously watched. Whats recommended for me. X1 makes it easy to find what blows you away. Call or go online and switch to x1. Only with xfinity. Great time for a shiny floor wax, no . Not if you just put the finishing touches on your latest masterpiece. Timings important. Comcast business knows that. Thats why you can schedule an installation at a time that works for you. Even late at night, or on the weekend, if thats what you need. Because you have enough to worry about. I did not see that coming. Dont deal with disruptions. Get Better Internet installed on your schedule. Comcast business. Built for business. Stuart robert you will not be seeing Curt Schilling. The picture was fired from his analyst up following comments on facebook about transgender people. On monday he reposted an image with comments about bathroom access to transgender people, yesterday he defended the post on his blog saying he was expressing his opinion and those criticizing him are frauds. Espn released a statement saying, quote, espn is an inclusive company, Curt Schilling has been advised that his conduct was unacceptable. Lauren over news overnight china, a womans wrestling legend and one of wwes biggest stars has died. China was found dead by a friend in her california home. The cause of death is not been released but how play is not suspected. She became an actress after her wrestling career ended. She was only 45 years old. Now lets look at the latest in the world of sports, the Cleveland Cavaliers open a numtwo0 lead in the playoff series 10790 victory over lebron james scored 27 points, jr smith made 7 playoff records tying 203pointers, the topseeded cavs put away the pistons in the Third Quarter, striking homecourt advantage, the series resumes friday night. The miami heat beach Charlotte Hornets 115103 last night taking a lead in the eastern conference firstround playoff series, dwayne wade scores 25 points, franchise playoff record, by going 8 for 8 from the field, finishing 17 points, game 3 on saturday night. The Florida Panthers beat the new York Islanders 2one last night evening the series at two games apiece. A sky breaking goal for the third period, the panthers got their first playoff win since april 2012 gaining 5 in the bestof7 series and on friday night that will take place as well. Thousands of residents rescued from their own homes as the city of houston remained underwater this morning and there is a new concern. Two dams are at high risk of failing as floodwaters claim eight victims. Maria molina is here with more. Reporter heartbreaking situation in southeastern parts of texas as the ongoing flooding and threat for more rain is in the forecast out there. This is bringing in heavy rain across texas and louisiana, but we are going to be seeing a risk of additional storms, potentially several inches of rain which will worsen any flooding situation that is ongoing, also the risk that some of the storms could bring Severe Weather in the form of damaging winds, large hail and isolated tornadoes. That will be another threat to watch out for out there not only in southeastern texas but louisiana. Temperaturewise on the warm side across parts of the eastern us, temperatures in the 70s as far north as new york city. Farther west across the rockies temperatures warming up out there, many areas expect temperatures in the 60s, 70s and 80s across the pacific northwest. Over to you. Lauren almost 100 in phoenix. Coming up, they call it supertuesday 3 and it to be make or break for the top contenders for the white house, ted cruz saying it is not over until it is over. It is clear today we are going to a contested convention. Nobody is able to reach 1237. Maria we will tell you who will be voting and what is at stake. A big day fo