Is it legal . Could more businesses follow suit . If even when they say its not, its always about money. Melissa first, lets take a look at the days market headlines. Fiscal cliff years made a comeback and strong retail sales are not enough to offset the concern. The dow closed down 42 points. Facebook shares some otherbest in four months. Two formerly bearish analysts upgrade their outlook citing increasing revenue from mobile ads. And as our own Charlie Gasparino first reported, Mary Schapiro stepping down as chairman of the sec. Officially leave office on december 14th. She ran the Securities Regulator for nearly four years. President obama will appoint current sec commissioner to run the agency. All right. Now to our top try. Warren buffett support for raising taxes on the rich takes a controversy in its turn in an oped in todays new york times. The billionaire investor says lets forget about the rich in culture ridge. Income is increased. Forever for see investment of the charitie
Financial officer, it is a leader of our nation. He has no peers when it comes to any other candidate on the republican side or any other republican sitting in the senate. We are out of time. Connell good morning, everyone. I am connell mcshane. Dagen i am dagen mcdowell. Things are looking up on the jobs front. Connell monica crowley. Dagen dreamliner, the troubles have not gone away for boeing. Michael dell has ordered one of them. Connell then there is jamie dimon and John Chambers. You will be hearing from both of them in this hour. Liz claman at the World Economic forum. Cheryl stocks now and every 15 minutes. Apple. Nicole i will show you apple in a moment. The dow, the s p are doing quite well. Fiveyear highs. Highs that we have not seen since 2007. The tech heavy nasdaq, apple weighing on the nasdaq. Are we almost at 14,000 . We cannot believe it. What a fiveyear run this has been. Ibm helping the markets along yesterday. Today, apple delivering news that is below the analysts
But the loyalty we have for one another. The annual gridiron dinner is being held at the Renaissance Hotel in washington, d. C. All additions and journalists are gathering for speeches and site tiatire. Only president who has not attended was grover cleveland. President obama will be here. He is scheduled to make remarks. He will also visit capitol hill. He will meet with republicans and democrats of both chambers to discuss the deficit. We will take a moment to watch at the scene at the Renaissance Hotel. You are looking at the scene where the Gridiron Club is hosting its dinner tonight. Cameras are not allowed inside the dinner. They are allowing one journalist to report on the evening. You can watch the live stream of arrivals live at cspan. Org. And now cspans the communicators. Last week, Michael Daniels was our guest. Mr. Daniels is the president of cybersecurity cordy nader and his coordinator and is talking about the executive order the president recently issued. This week we h
Lori a very good monday afternoon. I am lori rothman. Melissa i am melissa francis. The dow and the s p and the green. Lori it is a tough sell. Is it time to take another look into bonds . Please say if you blend it, they will come. Ethanol gas is squeezing refiners. How you may be forced to pay for it at the pump. Lori the ryan budget plan. Lets get you set up with the first market check. It is time for markets now. Nicole petallides. Nicole what a day on wall street. Another day and another intraday record highs for the Dow Jones Industrials. You would think the market is overbought. A little too nervous to short the market. Celebration for the polls out there with record highs for the dow. I wanted to also take a look at the vix, the fear index. 1176. Obviously, this fear gauge is a barometer of what people think will be likely over the next 30 days. I wanted to take a look at dow component general electric. Now we are hearing about the nominations for a board member. That would be
Dennis i am dennis kneale. Lori i am lori rothman. Flipping ahead of the all important jobs report. Dennis Spring Cleaning at facebook. We are live at the social media giant headquarters has facebook unveils its new look. Lori president obama steps up. The hopes reuniting talks i installed budget deal. Dennis how to break out of the office grind. We have had some well researched tips on how to stay health happe job. Lori time to check in with nicole celebrating a major milestone with 25,000 hits today. Nicole up one third of 1 . All three major averages have hit, record highs for a certain extent, nasdaq and s p multiyear highs, alltime record intraday highs. They felt their lowest level in more than a month in the week, so that is some good news. Productivity and labor cost basically Shows Americans are working long hours, but extremely productive. Take a look at names of the Dow Jones Industrials actually hitting multiyear highs, names including pfizer, johnson johnson, boeing, jpmor