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It is already 2014 in new zealand, australia, and china as well. You are looking at video from shanghais waterfront. In a few hours, dubai will attempt to create what has been billed as the Worlds Largest new years fireworks display. Of the new year in some parts of the world and the year that was, we look at dealmaking. Us airways and American Airlines is probably the bigger one to stick out. This team she is with me now. I know Cristina Alesci is with me now. I know overall dealmaking was Something Like 20 lower than last year, right . That is right, when you look at it from a volume standpo...

Equity firm in the world, blackstone, going public. For the first time this week it is surpassing its 2007 ipo price. Devin, pe as an industry has changed so much in the last few years. Is blackstone the new Goldman Sachs . Hey, deirdre. Happy holidays. It is a good question, because these managers lack stone, kkr are doing a lot of the activities that banks use to do before the regulation came up. Ne prime example is in europe distrust lending, rescue financing, these are areas that banks were very active in. We see blackstone is stepping in to that lending void with this gsr credit unit. Kkr...

Stories and companies of 2013, twitter and its ipo. The social blogging site began trading on the new york stock exchange. The sevenyearold company has had a storied history, its cofounders came together to celebrate the next chapter. They were joined by twitters ceo dick costolo. I caught up with him on the floor and asked him about the ipo process. I think the thing that surprised me most about the ipo process is the almost spectacular understanding of the service that so many of the investors we met with across the country had. I would go to meetings with potential investors and these are m...

While longterm networks are struggling to keep it. Watch out. They are flipping cars. The coolest award you have never heard of is just in time for the oscars. Were going to kick it off with what everyone is talking about. Big news overseas, we are starting with japan. Formally the Largest Bitcoin Exchange has filed for bankruptcy in japan. 4 of a million bitcoins belonged to users. That is real money. The ceo of the exchange apologized. Here it is in the raw. [camera clicks] [speaking japanese] i am deeply sorry. There was a weak area the system. As a result, we lost bitcoins. I am deeply sor...

And the other cracked down on Sexual Assault in the military. Julie hyman is digging into the discounts that have run far and wide, but not all retailers are playing ball. Olivia sterns is following the headache for many of these stores, with the return season beginning. Julie hyman, who resisted the pressure to cut prices . Consumers are coming to expect that. Case we havee base seen across the retail spectrum. Some retailers at the highend who think they can preserve brand equity keep prices at relatively elevated levels. Lemonked about lulu held prices. Is a teenage retailer that introduces...