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Saw 331 mass shootings, incidents in which four or more people were shot. Mr. Obama is planning a series of executive actions which would not require the approval of congress. The president is wrapping up his vacation in hawaii. Chip reid is there. Reporter it was just after the mass shooting at an Oregon Community college in october that the president decided he had to take executive action on guns. He made the announcement today in his weekly address, posted on the white house web site. A few months ago i directed my team at the white house to look into any new actions i can take to help red...

In his weekly address, posted on the white house web site. A few months ago i directed my team at the white house to look intony new actions i can take to help reduce gun violence, and on monday, ill meet with our attorney general, loretta lynch, to discuss our tions. Reporter sources tell cbs news those options include expanding the definition of who is in the business of selling guns so that more gun sales trigger background checks and requiring enhanced reporting and tracking of lost and stolen guns. Today, the president blamed the Republican Congress for giving him no choice but to take un...

Scott is off tonight. Im elaine quijano. President obama is beginning his final 12 months in office with a renewed effort to reduce gun violence following a year that saw 331 mass shootings, incidents in which four or more people were shot. Mr. Obama is planning a series of executive actions which would not require the approval of congress. The president is wrapping up his vacation in hawaii. Chip reid is there. Reporter it was just after the mass shooting at an Oregon Community college in october that the president decided he had to take executive action on guns. He made the announcement toda...

Earnings season. Alcoa the First Company out of the gate with mixed results. Specifics in just a minute. But the broader moment set up here perhaps more nerve racking to markets. Thompson reuters predicting the s p 500 profits will contract 4. 4 in the Fourth Quarter. That would mark the Second Straight Quarter of negative Earnings Growth and the fourth straight time Profit Growth declines from the prior period. Ill be watching for any sign of Revenue Growth which is also set to contract this season and of course the outlook is going to be key. What Corporate America has to say about guidance....

Lets head straight to the markets desk with julie hyman for the latest on this selloff. It has to dond with oil. If you look at the major averages we are seeing a deep decline of nearly 250 points for the dow and that is despite the fact that one very big company in the s p is actually on the rise. Market cap does indeed surpass apple. Up 4 today. Just around 543 billion dollars is where it is right now. That is not helping overall because as you take a look at the number of terminal, energy is such a big drag. Down near 3 are and financials are falling and industrials. So it is a broadbased d...