David Malkoff News Today : Breaking News, Live Updates & Top Stories | Vimarsana

His annual vacation in hawaii to deal with the fiscal cliff. No sight of congressional leaders. Theyre not in town. Investors getting a little bit nervous. Will congress get it together in time . No talks that we know of are imminent. It was by at least one measure, the weakest Holiday Retail sales growth since the financial crisis back in 2008, but could a postchristmas holiday sales bounce be around the corner . And what a year it has been for tech. Gadgets and gizmos. Apple, facebook, microsoft all have big news. Will 2013 be a lucky year for the sector . Which tech titans might lead the ne...

It's not just to see the pretty pictures. >> david, thanks for being with us this morning. david malkoff of the weather channel. let's get to business news. the may jobs data comes out on friday. on friday oil hit its lowest level since may 2nd. might reach $90 to the downside. the treasury department says it lil allow companies that produce beer, wine, spirits to provide nutritional labels. it would be voluntary and could include information about fat, calories and sugars. apple getting closer to finalizing deals with the music industry that would clear the way for planned internet radio ...

Handle this. again, got to get through the rest of the year on this or we will be confronting the same kind of situation we had in sandy i where we had set aside money for disaster relief. done a pretty good job. nobody sets aside 60 or $70 billion. that was a very unusual occurrence. i'm hopeful that wouldn't be the case here, have enough money appropriated or next year's appropriation to deal with our programs. >> oklahoma congressman tom cole. congressman, good luck to you. >> thanks a lot. thanks for the concern and the interest. the power of the storm was very real, not just for all the...

>> reporter: now you let me just answer a question that's probably coming in your mind right now. is this storm chasing business worth it? the answer is, yes, meteorologically, there is, because there is a disconnect between the data we can get from the radar and what the tornado is actually doing. so to keep people safe, you need those vehicles on the ground to actually see what the tornado is doing, craig, so that's why they continue to do it. mike, he might not. he is going to take some days to think about it. >> i would imagine so i have always enjoyed mike's work. please pass along our re...