Territory for the First Time Since 2008. The futures this morning after those two trading days do look like they are indicated higher. Dow futures up by 19 points above fair value. The s p futures are up by just over 1 point. On the economic agenda, december nonmanufacturing ism and november factory orders, both due at 10 00 a. M. Eastern time. Later this morning its about jobs. The adm jobs report on wednesday and the governments payrolls will follow on friday. Thats going to be the big one were watching. We have more on the markets and the economy throughout the morning, but first andrew has a roundup of the top corporate headlines. Good morning. Good morning, becky. We have a lot of news for you. Jpmorgan nearly a 2 billion settlement with federal authorities to resolve suspicions of the bank ignoring signs of Bernie Madoffs ponzi scheme. The New York Times says the banks civil and criminal settlements would involve deferred prosecution agreements and of course the 2 billion settlement number will be added to the 13 billion and all the other numbers we have heard from jpmorgan recently. They reserved 23 billion for all the settlements. And this morning, happening at 5 00 a. M. , mens wearhouse launched a cash tender offer for shares of joseph a. Bank. You will like the way you look, well, if this deal happens. This comes after the retailer rejecting the earlier offer. Mens wearhouse is offering to acquire all outstanding shares of joseph a. Banks for 57. 50 per share, higher than the november offer of 55. That was a pacman situation where one guy went after the other one and he turned around to go after the other one. In other news, boeings machinists approved a crucial labor contract by a vote of 51 to 49 . The deal is that boeing will now be building the new 777x jet liner and wings in seattle. They would have considered making the plane elsewhere, or thats what they were telling people, if the workers rejected the offer. Joe, over to you, sir. Happy birthday. Thank you. How does it feel to be so young . You know, its im glad im here. Glad im here. Glad im here, glad i glad i have my hair. I found it this morning. Someone in this place glad to have my health, basically, you know. You know the drugs i take. I take really . Well, i take the vitamin. Right. And i take the fiber con. I know about other drugs, but we wont talk about them. Thats not every day. Thats not every day. That is not every day. Its for special occasions. Only when called upon, and not necessarily then. Whats the difference between his pacman and your pacman . Is that a ms. Pacman . Remember when ms. Pacman came out, what was the difference . She had a bow on her head. So its basically the same thing. All right. A lot of sports. Cramer will have to cry on his shoulder. Who would you rather be, cramer or me . Because im used to the bangles, im used to that. I thought the eagles were going to win. I thought so, too. Thats almost worse to lose that way than to just watch the implosion. I quickly switched. Because cincinnati, to college hoops. That team beat memphis. Xavier, one of my favorites, beat butler. Notre dame beat duke. And colorado beat number ten, oregon. Oregon was undefeated. Im telling myself that cramer is still he was tweeting down here with the first person, my wife was first, but q. I saw him this morning. Hes the wind beneath my wings. He did say that. That was nice of him to remember. But hes a colorado guy. I think both of those guys thought the eagles had it. Everybody did. I mean, i thought from before the game started, but then watching the game i was hoping for green bay yesterday, but i just knew compared to the way they run, andy i dont know about good old andy. And i have to hear from welch why everyone Cincinnati Team chokes in the postseason, the reds and the bengals. So he did hear your comments last week . Hes funny. I said, did you hear my comments last week about how good looking ceos have better performance. I go, oh, really, how does that explain welch, and he said, i think its obviously. The conclusion is obviously. I said, youre right, you are devastatingly handsome. The bit coin is back above 1,000. The Digital Currency came under pressure the end of last year in large part due to a crackdown in china. Among the reasons for the latest surge is word that zynga would start accepting Virtual Currency for some of its online social games. You should that looks like kind of a combo between walter white, kanye west and a currency, the joe kernency there. Can you make money launching this . I think this is going to spin around the states, sore kip, we should bring some of the dollars just in case, in case we need to use them. You realize they are not physical things, right . You can have a coin. Cant you actually have a coin . You cannot have a coin. I want a coin. I know. Joe kernency, you saw its going to look like that. You can have some plastic coins made. What are they made of . They are not made of anything . They dont exist. Its on your iphone in your account. It is if your digital wallet. I dont think i have a digital wallet. Well, youll have to get one. You know these guys are back in town, the senate, thats really good. We have that going for us. The senate is going to vote on Janet Yellens nomination. Thats set for 5 30. Oh, my god, they are working that late today . Shes expected to win confirmation. And treasurecy secretary jack lew is going to visit france, germany and portugal and hold discussions with his counterparts. Hes expected to renew pressure on germany to boost domestic demand and embrace a deeper banking union, which a lot of people think would be important. They have they are supposedly one place and its only just words are one thing, but they need to have a lot more things to come under one body. That was the problem the whole time. You have to be able to take autonomy and make decisions overall, if you cant do that remember when tim told him what to do. They didnt like that. Yeah. They do chafe at things like that, but i think were in a position its a lousezy time of year to go over there. Were headed to, i do. If hes going to ski, thats a different story. Well talk about technology news, the annual International Gadget Show is taking place in las vegas this week. The Electronics ConsumerAssociation Says global spending on technology will slip to 1. 1 trillion. Among the reasons, lower average selling prices for smartphones and tablets. And yahoo running into a little bit of trouble. The company says that some advertisements of the european websites last week spread malicious software. Thousands of users were potentially infected. Yahoo removed the bad ads and users of Mac Computers and mobile devices were not affected. The countries with the most infected users were romania, britain and france. We have a bit of transaction news over the weekend, Liberty Media is announcing or offering to buy out the minority shareholders of sirius xm. This will still need shareholder approval. The offer to make sirius a subsidiary gives them the Financial Flexibility to pursue other deals. Liberty has a large stake in the cable operator charter and made no secret of its pursuit number two provider time warner cable. If you own the pipes this is sort of a pipes content story. Actually both, maybe both. Its sort of like comcast nbc. There you go. Well look at the markets this morning, as we mentioned the futures are indicated higher this morning after a bad start to the first two sessions of the year. You can see right now the dow futures are up 30 , the s p futures are up 2. 5. The oil prices are higher this morning. They are up 56 cents from wti trading at 94. 52. At this point, the tenyear is yielding at 2. 981 . The job numbers will be a huge focus for the markets and can impact where the bonds are trading. If you want to look at the Foreign Exchange markets, the dollar is down against most of the euro and the yen. Euro right now is at 1. 362. The dollar yen is at 104. 53. Gold prices this morning at this point are down slightly, 1. 20. Time for the Global Market report. Ross westgate is standing by in lyndon. I cant help but just wonder what you do on a weekend when theres so many great sporting things happening over here, and was there anything happening over there . I dont know, anything . Do you get to watch . Do the games get televised over there . Like were you able to watch . Some of the games get televised, some of the Football Games get televised. We have enough things going on. Oh, really . Were okay. Like what . Yeah. Well, you know, just the old soccer game, rugby game, cricket going on, theres things happening. Its okay. Were not under nourished, joe. We are not under nourished for the sport. I dont think you know ignorance is bliss, i dont think you know what youre missing, probably. So in that respect, youre okay. Youre all right. You dont know how great it can be. Just in general living over here. There is bliss in ignorance, is that what youre saying . I was saying that. Anyway, i see some green. Please take us higher for the start today, will ya . Well, its going to be difficult, joe. We are doing better than asia did. Japan was down 2 earlier today. We had disappointing pmi out of china. Better mpis out of europe is the story. It hasnt helped stocks. We are even stevens on advances over decliners. Pretty much on the flat line. Ftse last week was also flat and hasnt done a lot at the start of trade today either. Just down three points. We had Service Sectors pmi out slightly weaker, 58. 8, but its still hugely in expansion territory. 60 was the number in november. The good thing is it points to quarter gdp of. 8 , so annual growth for the u. K. In 2013 may have topped out around 1. 9 . An awful lot stronger than what people would have said this time last year. At the expectations component of that are the highest since march 2010. We also had numbers out of the eurozone up. 20 , ibex is up a third as well as the ftse as well, but the pmi is not quite as good. We are matching what we got in terms of the flash number. The big divergence still between germany and france as well. Theres one sector worth looking at. The best performing sector last year was ulta. We had numbers from bmw group, u. S. Auto sales up. 3 from the year earlier. Stocks down a little bit. Volkswagon down three quarters a percent. There they saw their sales down 22. 7 . The u. S. Auto sales for them up 17 . So this was the best performing sector in europe up some 36 . Thats where we stand in europe. Ill hand it back to you. All right. Ross, thank you very much. When we come back, well talk about whats missing from the wolf of wall street. The film is full of excess, nudity and profanity, but theres something left out of this threehour tall tale. Thats next on squawk box. Aflac aflac got em. Yeah, hes clean, boss. Now listen to me, duck. I have an associate that met with, uh, an unfortunate accident. While hes been incapacitated, somebodys been paying him cash. Now, is this your doing . Aflac . Now, if i met with some such accident, would aflac pay me . Nice. This is your stop. [ male announcer ] find out what aflac can do for you and your family. Aflac . [ male announcer ]. At aflac. Com. All right. Lets get to reynolds, the dapper, the splendid weather man from the weather channel. How is it going, boss . Its going all right, how are you . Just dealing with crazytown here, this is nuts. I feel like im the lead conductor of the cuckoo express. We had the jet stream, a big trough developing across parts of the nation, which basically has allowed the cold air to come funneling in. Theres the windchill, which is a combination of your low temperature with the strong winds. Some of these are staggering, minot, minus 46. Minus 48 in minneapolis. Air temperature at this point, we expect it to be around 21 degrees below zero in minneapolis. Again, its staggering. You take a look at what you expect in terms of todays highs, chicago, minus 10. Minus 10 out to green bay. For tomorrow, the cold air remains locked in place. Single digits back in minneapolis. St. Louis at 28 degrees. Cleveland with 5 degrees. At this point, snow is not really the issue, its going to be just this brutal cold. I got to tell you, joe, you have roughly 80 million americans right now under some kind of a Winter Weather advisory or warning at this point. And were going to see this cold air stay locked in place for at least the next 72 hours. Now, will travel be affected . We are going to see backups in new york and washington, d. C. , but its not going to have anything to do with the cold, just the rain drops. And in chicago and atlanta, colder times, but just moderate delays here and there. But it will be the brutal cold air mass to keep millions of americans shivering for days to come. Back to you, joe. We didnt set a record in green bay, did we, reynolds . It was about zero, felt like minus 15 or so, but did it set records from the previous time . Did not set records, did not set records, but it was crazy yesterday seeing the quarterback for San Francisco without sleeves. Go figure. Yeah, i know. My daughter said, those football guys, they play for three hours a week, that seems like a pretty good job. Three hours out in that . I said, do you have any idea on a frozen field if a guy that weighs 280 pounds were to hit me once and then fall on me with the frozen field underneath me . I think my organs would come and blood, things would splatter. Things would splatter. Those guys are that is manly men out there. You know, the job to have in pro football, you think about just in terms of health, it is not the starting qb, you want to be the third string quarterback, the guy who holds the clipboard and the baseball cap. Thats the dude i want to be. The kicker is unless you got three seconds left and youre down by one point. Right, secondstring kicker, secondstring kicker or thirdstring quarterback. There you go. Reynolds, all the rain we were showing for new york, that worries me because i know cold weather is headed this direction, too. Is all that going to freeze by tomorrow morning. It looks like the timing will be okay because most of the moisture moves out and then you have the colder air coming through. But later in the week we could see another wintry mix. However, we are not expecting any great shakes from it in terms of what we saw, say in boston or parts of upstate new york over the last several days. So the timing is going to be favorable for new york and washington, d. C. All right. Reynolds, thank you. You bet, guys. We go from ren nolynolds wo the wolf of wall street. It sparks controversy for the language and the representation. Here to talk about her article, what the wolf of wall street is missing, the women. Shes the coauthor of strings attached. Joanne, the way your article started is a stunning way to kick things off. Back in the 80s you were a reporter at wall street journal and what happened . As a young reporter, i was a reporter right out of college, and this is the time when this film and so many of the other wall street films have taken place. The first one of the very first interviews i had, i walked into the guys office, he locks the doors, he leers at me and he strips. And at the time i didnt know what to do. I was a little bit alarmed. This was a guy at a Media Publication or a wall street firm . A wall street firm . This was a guy who i was interviewing for not for a job, an article. No, i was a reporter. I understand, you walk in, he closes the door. Yes, locks the door. Does he say anything to you . No, i was actually interviewing the guy. I was a young reporter with all my questions written down on my notebook. How far down did he get . Got down to his underwear. Completely, tightywhities and boxer shirt . This was a while ago, but my point is, so what was so fascinating about this is that i didnt know what to do. So i just basically kept interviewing him, right . I just kept asking him my questions. I escaped as fast as i could, but my point in the article is that this situation was such that the 80s this is what the films are missing, this drives me crazy, because there were women on wall street. The only women you see in wolf of wall street are pretty much hookers, strippers, and an occasional trophy wife. Wolf on wall street was on long island had nothing to do with wall street. Right. Youre right. But the mythology of this Popular Culture mythology of wall street really centers around kind of this very machoinfused sexual drive women werent part of the bucket shop culture. There were a lot of bucket shops and i never remember women being a part of it. There was one woman in there was one woman one woman works there, they screw up her background because she used to be a stripper. Yeah, i read the book, ieadt she was a stripper and he came and helped her and gave her all this money and helped her with her first child and all this stuff. It was supposed to be a heartwarming story, but the real story is much more complicated, but shes the only one. Joes point is exactly right about the film. My point was a larger point about the portrayal of wall street in the 80s and this mythology that has gron up is one told by men, dominated by men, narrated by men, but in fact there were quite a few women. What is so fascinating about the women who were there were living through this culture that is so much more absurd than anything i have seen on film. Because we were living in a life where this sort of was your life. The guy the guy who stripped in front of me, you know, i went back to the office and did mention it to the guy who was editing my story, and his response was, he laughed. I mean, he thought it was hilarious. On addison avenue, im sure. This was years later. And its the same thing. I think pretty much any woman, certainly any woman who worked in or around finance we had all those stories. But it was part of the kind of culture, the fabric of being there. I have a roommate that was a great friend of yours and she said you never mentioned it. Yeah, most of our girlfriends or set of friends were around finance. And the women were in the Major Investment Banks, not the boiler rooms, but the Major Investment Banks and the experiences they had through the lens of today would certainly be considered outrageous, but at the time was totally normal to us because that was this is not normal. There was a seinfeld where elaine is out on a date, and she tells jerry i can never imagine i dont want to mention the next