To bring in transportation. We have c 130s coming in. Authorities say that at least 2 Million People are affected in 41 provinces. We will have more from a live report from the ground. In the meantime, lets send it over to andrew. He has this mornings top stories. Good morning, becky. Thauchk. We have some corporate headlines this morning. Avardis is selling its blood testing units for 1. 75 billion. Its a very busy market for health care deals. Also shire has agreed to buy viro viropharma. The deal should boost shires rare disease portfolio. Trans ocean reached an agreement with carl icahn to settle a proxy battle. They will pay a 3 dividend. The activist investor tweeting his response writing in part, quote, great news for transocean and activism today. Joe, over to you, sir. I think he just likes us to say his name. A lot, in any context. Carl icahn in. Yes, pretty much. Icahn, icahn, icahn. In every story, in every headline. Icahn wants to be an icon. He is an icon already. Is that what the word is derived from. I dont know. Spelled differently. Not the word icon. I wonder his name. Not either. In other corporate news, the government wants bank of america to pay nearly 864 million in damages after a federal jury found it liable for fraud over defective mortgages that were sold in this case by its countrywide unit. Governments also asking for penalties against a former mid level executive at countrywide. The jury found her liable as well. And vc firm andreson horowicz has sold a third of their shares. The shares were sold between 49 and 50. That makes the sale worth more than 111 million. Kind of interesting that they decided to do that. The firm still holds more than 4. 5 million shares. What do you think about that . At some point he has to harvest some kind of gains about this. Hes still on the board, right . He cant leave but he cant hang out he cant be in there all the time. You know, some people say its never bad. Stocks do go up and they do go down. I remember that barons commercial. The markets go up, the markets go down. From barons they fell down. I dont think they sold any shares after the ipo, therefore, makes sense. You look like youre kind of brooding today. They went wild. What happened . I dont know. They dont do anything to my those are natural . These are natural, these are natural, nose natural. Those eyelashes are not. Theyre that long and luxurious . Theres no latice on that. No. You have no masz kara . No. I. I dont wear any. Anymore. This conversation is getting a little weird. Lets talk about some Global Market news. Close on you. Lets talk about Global Market news. Were watching Oil Prices Today as well. The latest news on iran and the six world powers. The negotiations were aimed at curbing tehrans Nuclear Program. Oil prices you can see are down by about 29 cents to 94. 31. Michelle cabrera will join us with more on iran coming up in the next hour. Also on the topic of energy, u. S. Gasoline prices continuing theirdown ward trend. Prices have fallen nearly 15 cents. The average price is 3. 22. If you take a look at the markets, last week was an interesting day to watch on friday after we got that jobs report. You saw bond yields spiking. They zipped higher to 2. 75 for the ten year. You saw stocks gaining. The dow picked up 167 points on friday. Theres a gain of about 44 points above fair value for the market if it were to open right here. The s p 500 looks like it would open up by about 24 points. Wow. That is a big move for the s p 500. The bond market is closed today because of the veterans day holiday. Stock market is open. Take a look at whats been happening with the dollar. Right now you can see the dollar is down against the euro which is at 133. 97. Back above 133. Weve seen it fall below that briefly. You can check out gold prices this morning. At this point youll see them down by 133 to 1,283 per ounce. As we said at the top, the market was down on friday. This is stupid. Maybe we taper when the ten year is up. Eventually you want a reason to stop tapering. Right. If you want to taper forever, the economy will never be any good. Eventually you need a reason to stop tapering. The journal says because mom and pop investors are they say back, i would say at most trickling in. Marginally. Trickling in. They say that the renewed optimism among retailers considered to be a warning sign. Then i looked for one single professional that theyre sourcing here so that i could remember that they were saying that so that i could you can be the professional. Anyone can be that. Anyone can be the professional. Michael far had been talking about how if the insiders are selling he has never embraced this whole thing. The point is the number of he always gives that caveat about you know, hes never said buy that. I dont listen to him anymore. These being brought to market, it seems that theyre selling. The insiders are locked in for six months. Mom and pops, you dont have generation x and y people. No, i wouldnt argue that point. It doesnt seem like the Retail Investors. There are people that were not seeing if theyre picking up on the ratings with people in their 20s, 30s, 40s. I think they think only their parents invest in the stocks. You remember the 2000 except for the tech stocks. The wall of worry. I dont think retail is back yet. I dont either. What happened . Global markets report. Ross, what do you think . Are you in are you a generation x or generation y . Do you know over there . Because you look youthful. The earlier one. Its the earlier one. Youre rated x . Yeah. Ive always sort of thought that. You and i both. Over there do you think people are getting excited about financial assets, stocks, things like that . Do you feel it at all in europe or the u. K. . I dont think necessarily in the couldnt nebt of europe. There has been excitement around some ipoed recently. The Retail Investment went very big on the royal mail ipo here. Thats the first time weve seen any sort of heavy Retail Investment, and they were right. They got a pop on the open for that. Its hard to say whether theres been greater excitement other than that. Thats an indication that there was more excitement to that particular ipo a few weeks ago, joe. Equities, meanwhile, we can see a little bit of momentum this morning on the up r up side. The dow jones stock, the ftse was down 26 points last week,. 4 . This morning were up about 1 4 for the market. Slim gains. The cac quarante up. The european commission, they may launch an investigation into the imbalances in europe focusing on germanys surpluses. Theyve been criticized by the u. S. Treasury. A number of sectors. Dollar index is up at a twomonth high post that jobs report and basic resources down. The frakt try output was up better than expected in october. Financial services doing very well and technology. Number of individuals stocks focused on here. First of all, its down fairly heavily off 10 this morning. Suspended three executives at their irish unit. Investigating claims and finance functions within divisions. See what happens. Big focus on bt. Bt was the dominant telecom. Its competing in the internet and sports area. Its launched its sports division. Over the weekend or last night they announced that bt has paid 89 p Million Pounds for the right to show Champions League football. Thats showing the muscle they have and the competitive threat theyre going to show. Big sports battles looming here for football as well. Thats where we stand. Back to you. Ross, thank you very much. Lets get back to one of this mornings top stories. Devastation from a super typhoon in the philippines. Sri joins us from the philippines. Can you tell us what the scene looks like there . Reporter well, lots of devastation. Catastrophic is how some diplomats and aid Agency Officials from europe just described it to me. This is pretty much unprecedented territory here in terms of the aftermath of the tie toon. The arc can i pe archipelligo i this. Even they were overwhelmed. It was really the storm surge that this super typhoon created which has krause caused all of the problems and caused all of the deaths in the eastern and central provinces. Weve heard reports of winds up to 300 kilometers an hour. Very, very heavy rain. Very heavy winds and thats one of the reasons why weve seen the death toll which is arguably some are saying could be as high as 10,000, some are saying that we would be lucky if we saw a figure in the region of 10,000. It could be much, much higher. This is still very much a developing situation. The real need is to get essential supplies, food, clean water, and shelter for the people on the ground that need it. This is causing this is the real logistical nightmare, not only for the International Agency but also for the philippine agencies on the ground because communications are out. The roads are blocked with debris and the power is out as well. They are slowly being restored but what is very positive here is that there has been an international outpouring of support, Financial Assistance and aid. Its partly being spearheaded by the u. S. Its interesting that you mentioned veterans day because the u. S. Marines are out here in force. My producer was in an air field out here in manila earlier on today and she saw the arrival of four u. S. Marine corps ospreys. These are the type of heavy lift air that is needed. It can carry a higher pay load and it can carry and go over travel over a longer distance. Thats what we mean in terms of a logistical effort here. Its complicated by the fact that we also have learned that there is another tropical depression. We dont know at this stage whether it is heading to the affected areas and we dont know at this stage whether it is of the same severity as a super typhoon. Its definitely something thats going to complicate the aid efforts which are slow and hampered out by all. Back to you. Sri, you mentioned at this point that that number of 10,000 is really just a guess. Its a guess thats been out there for a couple of days at this point. Yes. Im just trying to figure out if you have any idea when well know more. This is a painstakingly slow process of getting supplies to people and then deal with beyond. It is. It is. Precisely, yes. So president akido has made it clear that the immediate policy is the provision and, thus, the delivery of clean drinking water. Many aid officials are distinctly concerned about the risk of water born diseases now. There is a lot of water standing around as you couldnt imagine. It is an incredibly grim situation where the death toll continues to mount on a daily basis. I witnessed this in sri lanka. Its a slow leap higher. This is such a devastating typhoon. People were literally picked up by the heavy winds and dumped out at sea. Bodies are being found in trees and bodies are being washed up on the shoreline. Incredibly distressing and grim situation. Sri, this is a situation that looks much more reminiscent of what weve seen in japan with the tsunamis there. Sri will continue to bring us up to speed with the situation. Senator Lindsey Graham says he will try to block white house nominations for key jobs until he gets more information on last years attack on the attack on benghazi. This week the Obama Administration will be he releasing Health Care Enrollment numbers. The white house has signaled that the total will be low. We probable know that after weeks of problems with the Website Health care. Gov. They havent said that before. Of course theyre going to be low. I know. They havent said it. Theyve always said, well let you know. Well let you know. It takes time. It takes time for people now when they salo, we expect to concede that its going to be low. North carolina is like the numbers are have you seen this story, by the way, this morning . Cover of the new republic also at the top of ben whites email. Politico think. Hillarys nightmare. A Democratic Party that realizes its soul lies with Elizabeth Warren. Elizabeth warren may run in 2016. Then ive already see, ive said that de blasio is to new york as i think the president is far left and i think that well, if Elizabeth Warren go west, my friend. Obama has been frustrated by the left of his party. I think he resigns firmly on a relative basis. If Elizabeth Warren is going to run. Right. She might be the one person left of our current occupant. The talker this morning. Well talk a little bit more about it. I will sleep okay at night. With Elizabeth Warren for president . No, not worrying about her being president. Ill sleep fine. Coming up, why big banks are talking about disabling traders. In the sunday night game drew brees completed 34 of 41. Four touchdowns. He led new orleans over dallas, pretty amazing. The jets just beat these guys last week. The saints ran up an nfl record 41st downs and a franchise record. 625 total yards of offense. Another reason they need to play these games, because you cant assume anything before the games are played. Anybody can beat anyone on any given day. Most exciting game of the week maybe my poor bengals against the ravens. Here it is, andrew, i told you about this. They throw it into the end zone. Watch how many times its tipped. Two seconds left and then they went into overtime and lost. Oh. And the announcers kept trashing ray rice. He pulled off the biggest play to keep the ravens going after they got the ball in the first overtime. The bengals became the 16th team in nfl history to lose two straight in overtime. That was that was really painful. They lost to miami. So now they look normal again. After the jets they look super bowl bound. Now they look normal bengals. As we head to break, lets check on todays National Forecast with the weather channels alex wallace. Hey, alex. Good morning to you. Dealing with a little wintery weather around the great lakes. Actually following a cold frontal boundary that will be moving through. Out ahead of it we have showers. Parts of the eastern lakes will start out as a bit of rain. As we move through the evening, you can see snow mixing in. Chicago, snow here for us as we head into the afternoon there for you. Behind that system very cold air going to be infiltrating the nation and the rest of the entire eastern half of the nation. Well first start it off with the upper midwest. Today your High Temperature in minneapolis, 27 degrees. Well eventually see some of that slip down to chitown. Coldest day here in the northeast will be on our tuesday. Mid 30s, 40s for the east coast bundling up there. The south is going to be chilling down by wednesday. So get those big coats ready. More squawk box is coming up next. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u. S. . At t. Rowe price, we understand the connections of a complex, global economy. Its just one reason over 70 of our mutual funds beat their 10year lipper average. T. Rowe price. Invest with confidence. Request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. More shopping. More dining out. More traveling. And along with it, more identity theft. 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Can i take the opposite of this. Theyre cesspools as well. Are you on chat . No, i wouldnt go on one. Thats where the dregs of humanity spend their time making comments. My sense is that every time they try to block a site, the zbeen anys out of a bottle. If the banks say forget it, we cant do this, they find out youve gone around it with your ipad. They have a much easier way of tracking. Make sure youre covering it. The policy is you shouldnt bet on these things. The sneaking is those arent chat rooms that youre trying to keep on your personal i dont think incognito works at a bank. Oh, see you say incognito. I think youre talking about miami. I think youre talking about the dolphin. Its weird. The kids name is incognito. I know. You can go to incognito online. I know. If you spend any time on this chat, do not take sorkin and search chat rooms with sorkin. Im telling you dont do that. Have you done that . No. This is ten years ago when i used to look at that. These people, they have Nothing Better to do. Theyll argue all day long with epithets. The internet theres good things about it but theres also a terrible under side. The seemier side. That is true. Lets talk about Johnson Johnson. J. And j. And amazon are in a little bit of a tiff. The wall street journal says theyre in a dispute that amazon isnt doing enough to prevent people from selling expired j. And j. Products. They are a growing business for the ecommerce giant. Essentially Johnson Johnson wants to make sure theres not pirated goods, goods that are expired, goods bad being sold. Amazon doesnt want to deal with it. Its a hublg prge problem. Theyre the store front for so many other third party sellers. If they cant police this stuff, i think theyre going to run into larger problems. Similar problem ebay has. Thats where the money is and margin. Theres very little margin in stuff they sell themselves. Did you read this other story . What story is that . Amazon will start delivery on sundays under an agreement with the postal service. Really . Thats great news for the post office. Why dont th