Cancellations. When a big storm collides with one of the busiest travel days of the year, whats the cost to the Airline Business and the flyers . That and more for nightly Business Report for wednesday, no november 27th. Im sue herrera in for susie gharib. Im Tyler Mathisen, welcome. More delays in washington. In the Nations Capital is where we begin tonight with more news of trouble implementing the president s Signature Health care law. On thanksgiving eve with one business day left more a key deadline, the Obama Administration has delayed another part of the Affordable Care act because of lyingering problems with the healthcare. Gov website. Administration is delaying for one year the ability of Small Businesses to use the website to buy Health Insurance for workers. They can use agents or brokers to buy coverage or go directly to insurers. Late today there were reports, as well, Hewlett Packard will be a late inning replacement for verizon as the web host for the site. Bertha coombs joins us with more. Bertha what does this delay mean for Small Businesses and their employees . Who does it affect . It affects businesses with fewer than 50 employees. They are not mandated to provide them with insurance, but this program, the shop its called for Small Businesses would allow them to look at plans and enroll employees automatically. Originally they delayed it until november 1st and now its being delayed another year. They will be able to get tax credits retroactively the way a lot of Small Businesses do it. It just indicates, tyler, they are having still a lot of technical issues on trying to clear things up on healthcare. Gov and this afternoon dow jones is reporting that Hewlett Packard will serve as the host of healthcare. Gov replacing verizon eastverizons. They had an outage that lasted more than a day because of the hosting company having gone down the fail saves and backups didnt work. They had another unexpected outage this week that appeared to have been related to that, and so it appears now that they are calling an audible once again here and changing over to a new hosting company. So that kind of tells you that even though they continue to say it will be working much better by this weekend, for the vast majority, thats the key phrase, the vast majority of users, there is still a long way to go to get this up to stuff. Bertha, maybe the late news from hp is part of the contingency plan but what other contingency plans if the site isnt able to meet demand . They are telling people to try on the phone and to try with brokers and they are even trying to work with brokers to see if you know which insurer you want to go to directly enroll with some of those insurers, but it continues to be a situation where its not likely to be smooth for everybody trying to enroll automatically online. Bertha coombs, thanks very much. More milestones reached during a quiet session in the markets today after first time jobless claims fell by 10,000 last week. Business activity in the chicago region picked up this month and the Consumer Sentiment for november edged higher. The dow, s p and russell 2,000 reaching close highs despite low volume in preholiday trading. The dow up 24 ending the a a record closing high for the fifth straight session and the nasdaq added 27 hitting a fresh 13 h 13year high and s p up four. A growing number of mutual fund numbers are investing in complex securities bought by hedge funds. Well tell you why and the importance of knowing what is in your fund later in the program. Well, sue, snow, sleet, rain, punishing winds all combining to make this thanksgiving eve the business elsz travel day of the year, by the way, a nightmare has grounded or delayed hundreds of flights. So what does this mean to the airlines and to the economy . Kayla t Kayla Tausche has more. Reporter combine the Severe Weather and the nations busiest travel day and you get one hectic holiday. The winter storm barrelling up the eastern seaboard throwing a wrench in thanksgiving travels. Fight aware ceo dan baker said the effects have been felt in cities across the u. S. Ro we got off to a rough start to the week. There was really bad weather, really that hit the dallasfort worth area on monday, and it really got the airlines off to a bad start. The weather wasnt too bad yesterdays but today is looking bad across the entire east coast. Reporter more than 1500 flights were cancelled out right between monday and wednesday. With cancellations growing by the hour, Newark International saw the most problems. Jetblue doing the same for 15 airports. Passengers on some 3,000 flights wednesday saw the root delayed many upwards of an hour. Ryan gardener found out his delta flight was pushed back but glad it wasnt worse. Im hoping an hour, hour and say 15 minutes, two hours most. Whatever, im not working so im relaxed and in for the long haul. Reporter beyond shelling out airport food and drinks, its unclear how the cost of the storm for the airlines will be passed on to travelers. It is clear it will be costly for the insdusry. In 2012 delayed flights cost 7. 2 billion in operating income or 78 for each minute delayed. With thanksgiving a day away, passengers just want to get to their destination anyway possible. We hope to get to sheave port in time for thanksgiving. Reporter this holiday thats something to be thankful for. For nightly Business Report, im Kayla Tausche, new york, new jersey. Hope all those bags get there. Looks like the merger between American Airlines and u. S. Airways got the clearance for take off a bankruptcy judge approved amr to emerge from chapter 11 bankruptcy protection and the terms of the settlement with the Justice Department that clears the way for the merger. The federal Aviation Administration is warning boeing aircraft that used jet engines used by General Electric could experience forced landings. This follows icing incidents where some ge engines that were placed on 787 dream lineers and the 747 eight jet lost trust mid flight. No injuries or incidents reported. Big u. S. Banks in the cross hairs over hiring practices in china. This comes after wall street watchdog the securities and Exchange Commission sent a letter to Goldman Sachs and citi group investigating allegations of bribery and hiring relatives of top Chinese Government officials. In return, the Companies May have received favorable business treatment. And some of those same banks along with a few other top lenders may need to have a lot more money on hand to cover up bad loans or to cover i should say bad loans. Credit did Rating Agency s p says banks may have to spend 104 billion to resolve issues with investors and counter parties as they try to put the subprime crisis to rest. Applications for new mortgages dipped lower. For the fourth week in a row, the Mortgage BankersAssociation Says the rate on the average 30 year fixed rate loan edged a fraction higher to 4. 48 . But higher Mortgage Rates dont seem to impact many buyers from china flushed with cash and leery of political instability at home. California real estate is fast becoming the place to park their cash and their families, and thats leading to a new boom for builder whose are catering to new home buyers. Reporter at a brandnew Housing Development in irvine, california, thousands of potential buyers are touring models. The vast majority of them are chinese and most steered clear of our camera. They see the market and there is room for appreciation. Reporter kenny youngs phone is ringing off the hook. What is driving them over here is they have this cash that they have and they want to park it somewhere or invest somewhere. Reporter they are not just investing in real estate. They are investing in their childrens future, specifically their education. Were seeing a lot of asians who are buying here as an invest mtd but their kids are going to school here. Reporter thats brian yangs plan, whom we spoke with from china via skype. He bought an older home in ir ryan and plans to move there in five years when his daughter turns ten. Education in america is very good and world class. So first of all, for education. And i think the second one is for the property appreciation. Reporter few nor now hes renting the home and getting a 5 home but lanier, pulte and more are rushing to cash in, even employing the multigenerational floor plans and designs the chinese buyers want. And cash is king, a seemingly limitless amount. The price they are looking, it doesnt matter, 800, 1 million, 1. 5. Whatever, they like it they will, they will purchase it. Reporter while education and investment are the primary drivers, quality of life doesnt hurt, either. Many of the buyers we spoke to said they like the climate and the lack of pollution in california and the political stability doesnt hurt, either. As for where all that cash is coming from, nobody wanted to talk about that. For nightly Business Report, im diana olick in washington. And to read more about what is driving the new boom for Home Builders head to nbr. Com. Still ahead, ever wonder how the Worlds Largest retailer makes sure the shelves stay stocked on black friday . We got a rare look inside walmarts very complex operation. Are you seeing more adds on your mobile phone or home computer these days . Thats no accident. Seeing a big boost in e commerce sales they will spend more on digital ads than 2012. They will increase spending to almost 10 billion. Will all those advertisem t advertisements make you want to spend more this Holiday Season . Nbr asked consumers what their shopping plans are for this Holiday Season. I do my shopping probably the first weeks of december. Ill do some Department Store shopping. Ill do some boutique shopping. Christmas shopping can happen until right before christmas which is traditional. I do a lot of online shopping. I shop at stores, and i have problems because i like shopping for myself more than other people. With that spending, stores have to be prepared to get enough black friday bargains from warehouses to stores in time to reach the eager consumers and its said walmart as the most sophisticated logistical system to do that. Courtney region takes a look. Reporter the logistics execution is essential to keep prices low and skaif off computation. This Distribution Center in Pennsylvania Services 97 stores in four states as well as. Come orders. Walmart projects sales will gross to 9 billion this year. As a result. The company has to enhance sufficiency. As our efficient sis have increased and our ability to control inventory, we require half of the inventory we used to. It made good sense to utilize the space and we do that through the e Commerce Centers that we can have within a regional Distribution Center. Reporter this is one of 158 walmart Distribution Centers in the u. S. This covers 1. 2 million square feet. There is conveyer moving 18,000 cases per hour. While much of the process is automated there is a critical human element. If you dont cash, it will do the human light form. Reporter on this trip our driver arrives to pick up a trailer filled with products going to a store two hours away. Gene is one of the 7200 Truck Drivers logging more than 100,000 miles a year. At the store the associates are ready knowing the moment the truck will arrive and greet it and unload the black friday merchandise. For nightly Business Report, im courtney regan. Hewlett packard was the best performing stock today and thats where we begin todays market focus. It rose after the dow component posted a profit reversing last years loss as we reported last night but today the Ceo Meg Whitman made it clear shes looking for revenues to stabilize in the new year but not grow. Well, it is a pivotal year for hp and what we said at our security Analyst Meeting six weeks ago is you should expect revenue to stabilize, probably not grow in 2014 but stabilize and youll see Real Progress in terms of our invasion, our Operational Excellence and our ability to deliver great products for customers. Shared climbed in todays session up 9 to 27. 36. Well despite the growing list of competitors, tvo added subscribers, the maker of digital video recorders Beat Estimates and saw the customer count increase for the ninth stra straight quarter. More people are turning to tivo because it has more access to netflix. Stocks were down to 12. 66. Cvs care mark will buy the Specialty Drug coram, treating problems like immune deficiencies and multiple score low sis. The acquisition will help cvs diversify the treatment. It sent shares up 1 to 66. 76. Shares of Foster Wheeler popped today on reports that the british engineer amek is eyeing a take overand would create an 8 billiondollar. Shares higher by 6 , 30. 49. Yesterday we told you that aeropostal is pushing to share but ab erksz rcombie is the best value among teen retailers and sent shares to 34. 37 and shares of aeror past tall. The company also reported a revenue miss and that sent shares nosediving down a full 24 to 12. Infloblocs, the loss widened. Shares of almost tripled in the past year on Strong Demand of the products which manage internet traffic. Today the stock tumbled down more than 28 to 3 2. 08. Loads of blame for spiking a financial crisis five years ago but as they try to generate fixed income assets some are turning to new types of similarly complex package securities to get higher yields but how risky are the products and what do you need to know about what may be in your mutual fund . Is mark, chief Investment Officer at high land capital management. Good to have you with us. Great to be here, tyler. You have funds that have in them, among others, collateral obligations. I need you to explain for the viewers tonight what they are and whether i should be worried about them because whenever i see the word collateralized, cmos, cdos, i start to worry. Should i . Well, you should be concerned when you dont understand something and the idea about the loan obligation is something we should discuss. What really a clo is and we did the first clo from high land capital back in 1996. Its just a security of bank loans and the fund we were talking about earlier invests a small proportion in the debt of these transactions. What is really important, though, to the concern that you just mentioned is that a lot of the babies have been thrown out with the bath water when we look at the entire collateralized bond market, the cbo market, et cetera, et cetera and clos have been really i think difficult to understand because they have been clobbered with the whole market. So specifically, we seen a lot of resurge ants of activity because ceos have done very, very well. The default rate and the loss in that space over that entire history from 1996 to today has been less than 2 in its entirety, as far as realize default losses. Mark, what makes it attractive is you do get a higher yield but the rate also floats, so if Interest Rates do tend to go up, you get the advantage of that, correct . Thats right, sue. Were doing this in a bank loan mutual fund which a lot of investors are allocating to today because they want to get away from the Interest Rate risk and clos like bank loans are floating rates. So youre exchanging one type of risk for another and not taking Interest Rate risk, which right now is a difficult thing and something you should be concerned about and youre substituting that for floating rate, which is a great benefit for investors today. So low default risk you maintained here and have the facts to back it up. What are the kinds of loans that are in these collateralized obligations . Kinds of loans . They are like high yield bonds and we use them in general called leverage finance to really finance all of the mna activity, leverage recaps, so when you think about bank loans, those are the type of bank loans that the markets are investing in today but they are also the type of bank loans that collateralize. One important part about the clos that we deal in is their credit quality is higher than the bank loan portfolio. The clos themselves are Investment Grade so they have less risk than the actual loans that are in the collateral pool and it make s sense. Youre secured by the loans and have equity cushion behind you. Very quickly, who is doing the rating and can i trust them . Moodies and s p and so youre right to make that point, and we have an entire business of making sure that we understand exactly what is in all of our clos, were not re