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Economy. one european that s about to make a big deposit in his bank. this young man, his name is nick d aloisio. he s 17 years old. he s about to be worth millions. yahoo reportedly just bought his company and the tech blog puts the price tag at $30 million. 17 years old, just sold his company to yahoo for $30 mill. he invented a news-reading app. in december, he told cnn s piers morgan how he got the idea. sure. i started programming when i was 12 and have been doing apps for a few years. and the way i thought of this idea is i was revising some history items and i thought if i could build a technology and condense the content, it would help everyone else my age consume it. the app takes articles, turns it into short summaries, making it easier to read on your smartphone. nick still has to finish high school, so he ll work from yahoo s london office to comply with their new policy that bans ....
John farley, senior editorial director of digital features at the wall street journal and editor of their speakeasy blog. and gloria reuben is back, this time on our panel. she, of course, is an actress and a philanthropist. nice to have you with us. christine romans is with us, as well. she s going to look at the day s business. good morning, soledad. stock market looks like it could rebound after those losses monday. the concerns about the eurozone still front and center. we re going to get some indicate to on the u.s. economy this morning. in particular the housing market. that could put stocks back in rally mode. the s&p 500 pretty close to record highs, about 13 points or less than 1% away. okay, yahoo s latest acquisition, an app invented by a teenager in england. the kid s name is nick delosio. he s 17. he s about to be worth tens of millions of dollars. yahoo reportedly just bought his company and the tech blog, and put the price tag at $30 million. he invented a news readi ....
the former illinois governor is going to have an opportunity to speak before the federal judge announces the sentence. prosecutors want blagojevich to get at least 15 years for his conviction on corruption charges. a 19-year-old man says that jerry sandusky gave him whiskey when he was 12, then sexually abused him. sandusky s latest accuser claims it happened once inside an office inside the penn state football building. the man says he was a member of the second mile. that is sandusky s charity for disadvantaged kids. sarah ganim broke the story. there s a lot of new things in this allegation. first of all, we ve never heard that sandusky gave one of his victims alcohol. in this situation this man alleges it was in an office in this building and he was given whiskey while jerry sandusky talked to him about his life and how he ended up with the second mile and then he was assaulted. so i m going to speak live with sara ganim in a few minutes. his preliminary heari ....