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New group will have a combined 117 million unique visitors a month in the u.s. and 270 million around the world. christine romans, anchor of "your bottom line" joins me with more on this story. first, why did the transaction happen in the first place? >> the transaction happened to aol could really cement its relevance in an online world that it once dominated. i mean, it invented, you got mail, and now is trying to become increasingly relevant in a time when its own subscriber base declined. ar...

Above 12,000 since june, 2008, got close but failed for a second day. the s&p 500 also flirted with closing over its psychological barrier, 1,300 points. a mark it hasnt reached since august, 2008. first-time unemployment rose more than expected last week to the highest level since late october with economists blaming, what else, the snow for forcing layoffs in some parts of the country. in earnings, caterpillar rose after its fourth quarter profit quadrupled on strong global demand for mini...