for "nightly business report" michelle caruso-cabrera, paris. >>> attention today turned to brussels,here belgian police conducted a series of raids and arrested two people in connection with the paris attacks. seven others were questioned. julia chatterly has been following the developments from brussels. >> reporter: the key question here in brussels tonight is who are the nine suspects we believe are being held in police custody? a product of nine sefrpt raids that took place earlier today across brussels and in the surrounding regions. what i can tell you is the vast majority of those raids were very much focusing in on known associates of one of the suicide bombers from the paris attacks. it's a man called bilal hadfi. and i can tell you his relationship to brussels and belgium is that he lived here. in fact, his family still do live here. but he's not the only connection. in fact, the man believed to be the mastermind behind those paris attacks and the man killed yesterday in the raids in paris also lived here in brussels. in fact, he lived in a region called molenbeek, and that

michelle caruso-cabrera reports tonight from paris. >> reporter: a hostage siege lasting more than nineours left at least 27 people dead including one belgian diplomat and five attackers in the capital city of mali overnight. an unknown number of gunmen attacked a radisson blue hotel at about 1:00 in the morning and at one point held 170 hostages. the news gripped france, still reeling from last friday's terror attacks. french troops have been in mali since 2013, when they invaded the northern part of the country to fight off islamic extremists who were trying to take over mali. under president francois hollande france has had an aggressive anti-militant military policy in north africa. back here in paris the french senate voted overwhelmingly to extend the state of emergency to three months and to give the state much more power to fight terrorism, including the power to conduct searches without a warrant, the power to block internet sites that are deemed to incite acts of terrorism, public demonstrations are banned and organizations considered dangerous can be fully dissolved. anyone s

from france, michelle caruso-cabrera, "nightly business report." >>> house republicans are moving forward with a bill that would temporarily halt the president's plan to allow syrian refugees into the u.s. house speaker paul ryan called for a pause in the program until authorities can verify that those entering don't pose a security threat. the legislation is expected to be brought to the floor for a vote thursday. >>> the president's plan calls for 10,000 syrian refugees to be allowed entry into the u.s. next year, but how exactly does a refugee enter this country, and what systems are in place to help them integrate into the american economy? dina gasofski explains. >> reporter: he is no stranger to sights and sounds like this. whether at this refugee camp in jordan or from the place he fled. >> translator: i left syria in april 2013, and the reason why i left syria is because there was death, destruction, dead bodies everywhere. >> reporter: but he considers himself lucky. his is one of only a few syrian refugee families who were able to resettle in the united states and become part of

michelle caruso-cabrera is in paris tonight. >> reporter: we're here at the place de la republique, thelaza of the republic, which is serving as a gathering point for those who want to mourn the victims of friday's attack. very close tom of the place that's were shot at by the terrorists. at the base of the statue, which is a symbol of liberty of france, thousands of people have been coming all day to place flowers and candles and mementos, homages to the people who died. just three blocks from here the kosa knost rah italian restaurant. bullet holes still visible in the window and on the sidewalk where there used to be outdoor tables and chairs you can now see a makeshift memorial, a cross, flowers, candles, and on the window someone has painted a pink heart, and it says "courage." our team spoke with the owner of this restaurant, dimitri mohammadi. he told them that he sat outside on friday night and watched a black seat circle the block for more than an hour. it made him very nervous. as the night grew colder, he went home. he received a call from one of his employees very panicked.

let's bring michelle caruso-cabrera back into the conversation. it's difficult to talk about al qaeda without speculating at this point. with that said, we know that isis has been the prominent group. we know that al qaeda broke ties with them not long ago. you know, there's now going to be reflection on i guess what exactly this -- whoever is behind it is meant to symbolize. >> yeah, yes, certainly, kelly. and it's going to lead to a lot of other implications i think in europe and in france at this moment, especially as we talk about the migration crisis that is going on as a result of the conflict. partially involving isis going on within syria. and there's been a debate about what to do with those migrants who are so desperate to escape from syria at this point. remember that europe has already taken in a large group of muslim immigrants through the years and there's a large disaffected population of muslims in england, in london in particular. and in paris as well. and so we don't know who did this, but already you can be sure that there are p

guys, back to you. >> michelle caruso-cabrera in paris, france, for us. le, thank you very much. >>> let's now bring in daniel carson, chairman of the global crime investigation firm croll associates. dan, most wars can come to a political end. you can accept a surrender from a group of people renting a nation. it's not that way anymore. how do we combat what is essentially a nationless group of murderers? >> the most important element is gathering intelligence, developing information on people and the businesses that they are associated with and the people they're associated with. >> we look at isis, isil, d.a.s.h., whatever you want to call this group, it's not one group, is it? it's a loose conglomeration of bands of people. how do you interact with them? how do you intercept their communication? how do you understand what their goals, if any besides murder, really are? >> it's developing a number of factors. it's using informants to obtain intelligence on these individuals. it's using undercover operatives to get inside. cyber strategies to intercept t

michelle caruso cabrera is live with the latest. michelle, what do we know? hotel as well, and the u.s. embassy has sent out a statement urging all americans in mali to shelter in place at this point. a gunman initially took 170 hostages when the siege began. there was about nine hours ago. it's unclear just how many gunmen there were. the associated press, as you said, is now reporting that at least three of those hostages are dead. there have been french troops in mali since 2013 because france went in to help them rout islamic extremists who had taken over the northern part of t

michelle caruso-cabrera in saint-denis. >>> guys, these air france flights diverted overnight to salt lake city and halifax. that soccer match in hanover canceled on what they said was concrete -- we'll be living with this for a while. >> yeah. i just think you have to notice that there's two types of -- two views of the french. one is the french, hollande needs to stop the right wing, which is age-old -- 100-year-old situation, france, how to stop the right wing from coming in. the deal with russia signifies a break with germany. this is the france of the battle of algiers, not the france of the battle of -- >> though reports of hollande is not backing away from letting refugees in, saying the country needs to remain open. not completely turned on itself. >> i think that this kind of activity -- look, i think that -- again, i'm not a political guy. i'm a student of the history of the way france conducts itself. this is not french-like of the new french, post world war ii other than when they decided to take it to algeria. i think those who follow the history of the french foreign leg

michelle caruso cabrera in paris. michelle, thanks. >>> meanwhile, here on wall street, the markets are continuing their resilience. the dow up 133 points. joining the s&p 500 and the nasdaq in positive territory for the year. the dow is actually having its best week in about four years. the s&p have been its best week in one year. part of that is retail. part of that is health care. where retail is concerned, we're seeing shares of nike rallying after increasing its dividend by 14%. it also declared a two for one stock split and denounced a $12 billion buyback program. you can see what that does for nike. shares up 4.5%. currently the biggest gainer on the dow. >> when we come back this morning, square add about 3% a day after their debut on the nyse. we're going to take a closer look at conveyor and the ipo market with cara swisher in just a moment. but what if you could see more of what you wanted to know? with fidelity's new active trader pro investing platform, the information that's important to you is all in one

michelle caruso cabrera live for us again today. michelle. >> scott, we're going play for you a new piece of videotape that has surfaced, which was recorded during that raid. it's pretty compelling. we now know that raid, as you said, killed the alleged mastermind or the alleged architect of friday neat's attacks, and the piece of audiotape that we're going to play for you is recorded by a neighbor who was there. it is a recording between the female suicide bomber before she blew herself up and one of the members of the swat team. take a listen. >> once again, you are hear the tremendous amount of gunfire, and can you hear this woman's voice wrosh who is she? three police officials telling the associated press she's 27-year-old abdel aimmediate abaaoud's cousin. sne say they have three police officials who have confirmed this. this was obtain bid french broadcaster, and once again, it was reportedly recorded by a neighbor, and it must have been an incredibly frightening moment for that person as they listened this unfolding and the t

michelle caruso-cabrera joins us live from there. michelle? >> hello, mel is. for some reason the police have cleared the plaza of the republic and you could see over my shoulders all of the candles left my mourners to honor the victims of friday's attack. they are at the base of the equivalent of the statue of liberty here in paris. in the meantime, we have learned that reuters has interviewed the brother of one of the suspects on the terrorist attacks. muhammed salaam. we've been showing you his picture all day. muhammed was held by police for questioning over the weekend but later release pd' told -- released and he told journalists today that he and his family did not know everything about his brother's activities. the suspect is one of the individuals who blew himself up at one of the caves here in paris and there is another suspect the current subject of a manhunt. speaking in french, he told reporters. we didn't know. neither us or the family. we don't ask them for their timetable whenever they leave the house. he added he had not heard any news from his

michelle caruso cabrera, our chief international correspondent, has been on the scene all morning long and brings us the latest. good morning once again, michelle. >> hello, carl. that raid occurred on this street, the block that you see behind me. an apartment building down 300 yards from here where we are. it was a dramatic night for the residents in this neighborhood beginning about 4:30 in the morning they heard gunfire, explosions. it went on for several hours. when all was said and done, seven people were arrested. two were dead, including a woman who had detonated a suicide vest upon special forces entering the apartment. she killed another man who was in the apartment as well. here's what we don't know at this point. did they get -- did they get abdel hamid abud. he is the mastermind behind the attacks that killed 129 people. we also don't know where is salah. is he the man for which there has been a massive manhunt for the last two or three days here. they believe he is an accomplice as well. we may get some kind of answer at 1:00 when the prosecutor holds that news conference

michelle caruso-cabrera joining us with the latest on the raids against the terrorist suspects, and aking how long does it take to identify a guy to know whether it's the guy? when you realize 5,000 rounds and one dead from a bomb and the other person -- tough to eye, 5,000 rounds, not that they all hit him, but it makes it tough. >> reporter: yeah. you're referring to the burning question right now, is the terrorist dead, the alleged architect, the target of the massive swat team that happened yesterday. the french prosecutor said he was not among those arrested. the dead bodies found inside were so disfigured it's difficult to identify them. we're raising the question repeatedly because the washington post reports, since one of the few of only said that, indeed, he was killed in the raid, but the french government has not confirmed it at this point. that's what we are waiting for. maybe there's clarity today. the other big event is we are watching the french parliament today. they are debating the extension of the state of emergency for france. they agreed to vote yes to the extende

michelle caruso cabrera in havana. >> how is the sharing economy impaukting the overall economy.enior fellow with the brookings institute joins us now. >> let's start with the overall theme, really. how is it affecting the u.s. economy? >> there's no doubt it's been a good deal for a lot of consumers who are trying to buy services like car rides from point a to point b. room stays somewhere, often places where hotels don't serve them very well. it's great for the consumers, it's probably pretty good, for the people who want to provide services through this form. this new form of doing business. >> uber has been controversial in many large cities, they have existed wlalargely outside of t regulatory framework that governs taxicabs and livery drivers and limousines and so forth. is it inevitable that these companies, whether it's the ride sharing or the apartment sharing are going to come -- become subject to more regulation? >> i'm sure they will, first of all, a lot of communities have taxes on very similar services, like hotel rooms or motel rooms. and they're going to want to c

michelle caruso-cabrera in paris for us. st hour, i asked michelle -- or i commented it sounds like things aren't getting back to normal quite yet. i wonder if a better remark would be perhaps this is the new normal, and if so, what does that mean? >> i certainly hope that it's not the new normal. but any time we have a situation like this, i think people tend to have that panic reaction, as michelle was saying, canceling marches that were going on. i think the best thing we can do is to embrace freedom and live the lives we should be living. i refuse to call anybody involved with that a mastermind. these people are purveyors of evil and they're dimwits and we shouldn't be giving them that kind of glory. >> also, we'll talk about how the u.s. and its allies can win the war against isis. we're keeping an eye against square's ipo. we'll find out if the results can force other start-ups to change their plan. you're watching cnbc. we need to be ready for whatever weather may come our way. my name's scott strenfel and i'm a meteor

we appreciate your time this morning and michelle caruso cabrera, our chief international correspondent stay with us, but let's bring into the conversation, former white house middle east policy advisor, ambassador mark beginsberg who joins us on the phone. ambassador, give us your observations of the events overnight and how that changes the conversation that we were expecting to have today about coordination between the united states and france as we fight isis. >> there's no doubt that president hollande is here on an important diplomatic mission that is attempting to create a coalition with the russians, but, of course, part of the headache here is that the turkish shootdown of the russian plane is going to complicate mr. hollande's mission when he travel from washington to moscow. creating a coalition that the french want is not going to be easy here in washington because the french want to have an aggressive all encompassing effort to try to destroy isis, and the president is incrementally approaching this battle against isis. he is not prepared to put boots on the ground. he is n

the french prosecutor is set to hold a news conference any moment now, so let's get to michelle caruso-cabrera who is live in paris. michelle? >> reporter: and we are eagerly awaiting that press conference, mandy, because we think they will get more details about the raid that occurred on this street overnight and the dramatic events that happened there. here are the details we know so far. seven are arrested, at least two are dead in what unfolded here. and i say at least because one french official spoke with the fashion assembly earlier today and he used that phrase as well, at least two are dead, and now there are local french media reports that a third body may have been found in the rubble. so perhaps we'll get more clarity on that. we also know for a fact that there was a woman in the apartment when the raid happened. she was wearing a suicide vest. she detonated it. that is how those two people that we know of died. what we don't know, did they get the individual who is believed to be the architect of the terrorist attacks that occurred friday night that killed 129 people. we know he w

let's get more on the story and the mood of paris with michelle caruso-cabrera. michelle?n, i say the mood is a combination of somberness, defiance, fear in the wake of friday's attacks. let's start with fear. one example, french journalist last night riding the subway at 7:00 p.m. tweets out a photo and says i have never seen line 13 of the metro so empty on a wednesday at 7:00 p.m. normally line 13 we're told by parisian is packed like sardines but nobody was riding last night. parisians tell us they think there's a lot more above-ground task. they believe people have shifted their behavior, perhaps fearful of being in a crowded subway underground and have decided to move above ground. part of that could be because of what's being said in the national assembly today where they have been debating extending the state of emergency law which, by the way, prohibits crowds and people massing in large spaces. for example the prime minister said we don't want to scare anybody, but we have gotten reports that they have the capability of biological and chemical weapons as well. so

michelle caruso-cabrera has more on the incident and the consequences. >> reporter: turkey confirmed it shot down the warplane this morning near the region of la tack yag claiming it violated turkish air space and violated repeated warnings. russia denies that the plane crossed the border into turkish skies. footage of the incident shows a warplane on fire before crashing on a hill. two crew members parachuting out. a pressure release said one of the pilots killed, the other captured russia later confirmed that. this isn't the first issue when it comes to russia and turkish air space. last month they shot down a russian drone they said violated the air pace. vladimir putin said the shooting down of the plane was a stab in the back and warned of sift consequences in relations between the two the countries. the situation spooked the markets and raised concerns that the fierce battle in syria and northern iraq would widen to a much wider conflict between russia and a member of nato. but in an emergency meeting, nato urged turkeying to show restraint. and president obama said today they

michelle caruso-cabrera is live in paris with the details on both of these developing stories. michelle? >> reporter: and, tyler, belgian authorities confirm one of the dead is a belgian diplomat among the numbers you mentioned just now. this all comes after gunmen took over 170 people hostage in the early hours this morning. at this point no groups have taken credit or confirmed credit for that attack. here in france the french are wondering to what degree what happened in mali is related to president francois hollande very aggressive policy in north africa when it comes to combatting jihadists. there have been french troops in the country since 2015. mali is a former colony of france. back here in paris it is now one week since the attacks. the death toll has risen to 130 and there are recriminations, back and forth, who is to blame, why did this happen, and we spoke with one member of parliament today, right wing member of parliament, former member of nichololas sarkozy's government and he pointed a strong finger at the united states. >> we are paying the cost of continuous a

michelle caruso-cabrera reports tonight from paris. >> reporter: it is four days since is the attack on paris france and salah abdel sam is still the most wanted man in europe. the 26-year-old say french police is directly connected to the attack that occurred on friday night. he rented a car found abandoned outside of one of the attack sites. one brother died and one was detained. he narrowly he vaded capture. he was stopped near the french/belgian border but police let him go. as authorities continue to search for him today, u.s. secretary of state john kerry was meeting with french president francois hollande. both vowed to do more in the fight against the islamic state, the terrorist organization that has taken responsibility for the attacks here over the weekend. while here, he also defended the united states' decision not to put u.s. troops on the ground in syria in order to fight isis. >> we need people on the ground who live there who are prepared to take back their communities. and working with us who will kick isil out and secure their communities when they're out. >> overn

we begin in paris, where michelle caruso-cabrera has the latest details. michelle? >> reporter: hay there, the secretary of state is in paris. 40 minute from now he'll participate in a ceremony, lighting the embassy in the colors of the french flag, this comes one day ahead of the meeting with president hollande. they'll discuss what happens to be an effort to try a coordinated response to isis. the terrorists who committed the horrific attacks that occurred on friday night. today paris is trying to get back to normal, businesses are reopening. there's traffic in the streets, but amid after that there was a national moment of silence held across the country, many cities in europe, in asia and also the united states to observe and honor the victims who died friday night, as night falls here, the you could a that serve as a millenniumiale, the candles have been placed a bit better here as night fails. we're efforting you to bring john kerry's remarks live. he speaking both in english and french, and we hope to bring that to you live. president obama seemed to have a -

michelle caruso-cabrera is our chief international correspondent and she's back with more of the detailser: hey there, becky. let's start with the manhunt. 26-year-old salah abdeslam, french police tweeted out his photo and description last night and now there's a manhunt under way across france and europe as well. his brother was one of the suicide bombers and they say he's also the renter of a car that was found outside the less bataclan theater where 89 victims were killed by the attackers. the le bataclan theater just a few blocks from here. business owners are coming forward. our team spoke with the owner of a restaurant which was right nearby here as well. there were many there were several spots across paris where there were incidents. this particular one there were attackers who shot up his restaurant. you can see just the bullet holes in the windows. he told our crew that he was sitting outside in the sidewalk cafe of his restaurant and watched the black seat circle the restaurant for more than an hour and i want made him nervous. it was cold. decided he would go home. it was a

i'm becky quick along with joe concern than and michelle caruso-cabrera who's in for andrew.ve a developing story out of europe. this is footage that you are looking at right now that shows what's been going on on belgian television. it shows some of the 22 raids that security forces carried out in brussels. police there detaining 16 people but the paris attack fugitive, salah abdeslam was not among them. we have a live report from brussels which remains at its highest terror alert. that's coming up in a moment. >>> first, let's check out the markets this morning. last week was the best week for the s&p 500

michelle caruso-cabrera has the details. >> two venezuelans are expected to be in federal court in new today. why are we interested in them? because they are one, either, the nephew and or godson of jen zul la's first lady. they were arrested earlier this week in hate tee for trafficking 800 kilos of cocaine, the ult mast destination the united states. the ap quoting somebody who has been briefed on the investigation says the two were carrying diplomatic passports and traveling in a private plane. we don't know what all this means. could mean those connected to the elite in venezuela feel and act that they are above the law, it could also indicate that high level people in venezuela amidst the economic crisis there are using the drug trade as a way to make money and bring cash to the strapped economy. we should let you know there have been leaks from u.s. investigators to the u.s. media indicating they are looking into whether highly placed politicians have been involved in drug trafficking, money laundering and straight on corruption in venezuela connected with the country's oil indus

david faber, back to you. >> thank you very much, michelle caruso-cabrera. on now to corporate news. late yesterday, news started to come out about the talks between pfizer and allergan and how far they had advanced. the two companies, as we know, had been in significant talks about a deal under which pfizer had acquired allergan. they are centered around a deal which would exchange a bit more than 11 shares of pfizer for each share of allergan. the exact ratio to be determined. a number that i shared with jim a couple of weeks back. >> you gave us that. >> that is the number, roughly, that they are dealing with right now. of course, the overall value will depend on pfizer's stock price. it will be an all-stock transaction designed to make sure that shareholders will own more than 40% of the combined company. why? many of you know why. because of corporate inversions, the regulations at least that were proposed by treasury back in september 2014 and making sure to get the benefits of said deal because it would fall under, broadly speaking, the measure of equ

. >> our chief international correspondence michelle caruso-cabrera covering this important story in ris for us tonight. good evening, michelle. >> hey, bill, hey, kelly. we are just about a minute away from when parisians and french people were going to mark this moment one week ago when the first bomb went out, but it is not going to be a moment of silence, instead they are calling on people to make some kind of joyous noise, to make light, to light candles, to do something. the hashtag on twitter is 21 h 20, to mark the time, remember, here in europe they use military time or 24 hour clock that would be 8:20 in the evening. we're seen here lots and lots of people gathering, earlier we saw people holding hands, people even dancing. this is the one place where people are going to be allowed to gather in mass because under the state of manual that was extended today by the senate people are not supposed to gather in large crowds. we are about five seconds away. let's see what happens. we don't know if there is going to be a lot of noise here at the place or where else in france at thi

we will check back with michelle caruso cabrera throughout this day once again in paris. coming up, why kevin o'liar where i is saying i'm out to appear and what he is buying instead. plus, a super bullish call on intel today. why one analyst says the stock has a lot further to run even after its recent rally. later on, the devil is in the details. you're watching cnbc first in business worldwide. [announcer] when you see this truck, it means another neighbor is going to sleep better tonight because they went to sleep train's ticket to tempur-pedic event save up to $300 on the cooling comfort of tempur-breeze. plus, get up to 36 months interest-free financing. sleep risk-free with sleep train's money back guarantee. and of course, same-day delivery. are you next? [announcer] make sleep train your ticket to tempur-pedic. ♪ your ticket to a better night's sleep ♪ >> welcome back to the half tame report. we want to call your attention to what's happening now with tesla shares. they're down by about 2%. they were down by as much as about 3 1/4%. this headlines of the company

let's get back one more time to get the latest from michelle caruso-cabrera. she's in paris. michelle? >> reporter: we have late breaking headlines just in the last few moins, two to tell you about. first, in relation to the air strikes, dow jones reports the prime minister of the united king tom says there's a case to be made for the u.k. to join in the air strikes along with france, the united states, and russia as well as the islamic state in syria, the organization that's climb responsibility for friday's attacks here in the other headline to tell you about is that two people have been -- there are reports coming out of germany that three people have been arrested there. that's french television quoting german police. three people have been arrested. we don't know any more details than that. that is in addition to the two that were taken into custody in belgium. the belgium police are come police sit and participated in the terrorist activities. they don't believe the individuals were in paris on friday night. which brings us to an update on the manhunt. they are looking f

. >> michelle caruso cabrera in paris for us today. thanks. >> when we come back, some relief for square. shares, of course, at $13 the 27. just above the range where they were initially expected to price in the first place. a top portfolio manager will break down today's action in a moment. dow remains muted today. up about 12 points. we're back after a break. >>> two big ipo's today. square making its debut at the new york stock exchange, and -- sima has a look there. >> here's match group trading above $13. it did price its ipo at $12 at the bottom end of the $12 to $14 price range. still giving it a market cap of roughly $3 billion. it did raise over $400 million in its ipo. proceeds that will be used to pay down debt. now, match, which is being spun off from iac interactive owns a group of dating sites, which includes ok cupid, and the infamous tinder. wit popular among the millenial audience and known for being a quick and efficient way way to find a mate. the growth numbers are compelling, unlike other tech ipo's. match is actua

michelle caruso cabrera from france. ahead on "the half" the pulse of retail. target ceo brian cornell joining us in an exclusive interview to make sense of the consumer and what to expect for the holiday season. plus, our calls of the day affect nearly $1 trillion worth of stock. is it time to buy apple and sell exxon? we have a mega cap debate brewing on this desk. you're watching cnbc first in business worldwide. when you do business everywhere, the challenges of keeping everyone working together can quickly become the only thing you think about. that's where at&t can help. at&t has the tools and the network you need, to make working as one easier than ever. virtually anywhere. leaving you free to focus on what matters most. some neighbors are energy saving superstars. how do you become a superstar? with pg&e's free online home energy checkup. in just under 5 minutes you can see how you use energy and get quick and easy tips on how to keep your monthly bill down and your energy savings up. don't let your neighbor enjoy all the savings. take the free home ene

i'm becky quick along with john kerry and michelle caruso-cabrera.ere's a developing story out of europe. a major european city remains on lockdown. raids in brussels overnight led to the capture of 21 people but not a key suspect in those paris attacks. he remains at large. in the meantime u.s. cities are conducting drills in a quest to keep the homeland safe. we'll talk more about the isis threat and war on terror with this hour's guest host, the president of eurasian group. here's the other top story. >>> crude oil is getting crushed. oil prices dropping about 3% this morning on words of over supply and also stronger dollar. it's at 106 this morning. walmart decided that cyber monday will be on sunday. the retail giant will unveil its holiday season online deals this sunday instead of monday as in years past. remember cyber monday used to be about having high-speed internet at the office but not at home. >> black friday son wednesday. it's all screwed up. >> amazon did black friday last friday. >> at least on a friday. you can't do a friday on a w

michelle caruso-cabrera. >> reporter: french president hollande is speaking right now. let's give you a chronology of what happened here. 4:30 in the morning, loud bangs, explosions, gunfires heard in this area sontene, an apartment about 300 yards that way, where a long police operation began. we want to play for you some video taken by neighbors who were nearby that will inform you of the loudness and what they endauered for what was several hours. listen to the shooting and the explosions as they occurred roughly around 4:30 this mornin morning, obviously, a dramatic series of events. here is the chronology according to a french prosecutor who has spoken with the press. special forces raided the apartment. they arrest three individuals. then a bomb explodes. a woman wearing a suicide vest, she dies along with someone else. then two other people arrested at some point nearby in a nearby apartment. then for hours, there were reports, there was a standoff with one individual still in that apartment and it was only a little more than an hour ago that we got confirmation

i'm joe kernen along with becky quick and michelle caruso cabrera. we are less than 90 minutes away from the opening bell on wall street. the futures are a little bit above where they were last time, up above five points more. 32 points of positive indication on the dow jones. 2 1/2 points on the s&p. 2.8 and just under 9 points on the nasdaq. over 1% in most of them, in france and germany, italy, the ftse up under 1%. >>> mortgage applications dropping by more than 3% last week. primarily because of lower refinancing activity. this came even though mortgage rates edged slightly lower. draft kings and fan duel will be in a manhattan courthouse today. both sites are fighting the new york attorney general. they will decide whether the companies can continue to operate as the court debates whether daily fantasy constitutes illegal gambling. and tomorrow's thanksgiving holiday means extra economic data this morning. check this out for the calendar. weekly jobless claims, durable goods, personal income and spending. then at 10:00 we get new home sales and

. >> michelle caruso-cabrera is in paris with more on the situation in mali and new developments on pariss well. michelle? >> reporter: and there's a big connection between mali and france. remember, becky, the news coming from mali is huge news in france. mali was once a french colony. two years ago, french went into mali to take over the northern part of the country from jihad. this is still ongoing right now. the mali military moved in. they are on the scene. they have set up a perimeter. they reportedly have gone inside the hotel, but there's no word yet on whether or not they made contact. france is also sending in its military police. this all started at 1:00 a.m. eastern time at the raddison blu hotel. it's unclear how many gunmen. it seems to get larger and larger, taking 170 hostages, 140 hotel guests, 30 employees. since then, approximately 80 hostages have been released, ap now reporting that at least three are dead. there were two airline crews in the hotel. turkish air and air france. we got word from both companies their employees are safe. air france is suspending service t

." >>> welcome back, michelle caruso-cabrera is with us as becky is enjoying time off.s crowded this morning, it's because it's bring in your parents day. yep, take mom and dad to work with you. we'll talk about that movement launched by linkedin in a buiit this hour. right now, less than 90 minutes from the opening bell on wall street, and take a look at the futures. dow looks like it opens higher, 66 points higher, and s&p 500 up about 6.5 points, and nasdaq up 13 points, and, michelle, a piece of breaking news. >> tell me! >> i need to congratulate my sister who just had a baby boy moments ago, rob, they are in denver right now, congratulations, guys, they watch cnbc. >> uncle andrew. >> second boy. >> congrats. >> second boy for the family. that's my breaking news. but you can be -- >> name? >> i just got the text, name to come, as will picks. i did not get the full on. >> what's your other nephew's name. >> grahm. >> andrew is available. >> there's a couple options. i don't want to geoff away the story. >> is andrew one of them? >> no! congrats, guys. >> other than

♪ welcome back here to "squawk box," first in business here worldwide, i'm joe here with michelle caruso-cabreraandrew is live at the baron investment conference at new york's metropolitan opera house. every time we say that, wall street journal and baron's going cha-ching. it's not. shortly, it's jobs friday. polls forecast inspect an increase in nonfarm payrolls of 183,000. they say 150,000 is enough and enough for the next two reports for the fed to raise rates at the december meeting. do we need a five handle? that seems close to the old idea of unemployment. it's not your grandfather's 5%, obviously, with the participation rate, with all the part-time things skewed. equity futures now are waiting, waiting, watching, down a point. we heard the s&p and dow are both down, basically the same amount. you don't always see that. the nasdaq is only basically unchan unchanged. >> among the other top stories at this hour, mobile payments company, square, is upsizing its initial public offering according to a new filing, pricing shares between $11-$13 raising $404 million from the prior $275 million.

i'm becky quick with michelle caruso-cabrera and steve leisman, joe and andrew are off. guest host today, the ceo of telsy advisory group, and the ceo of jay rogers worldwide enterprises. january is joining us for the show as well. a check of the u.s. futures ahead of the holiday shortened trading day, closing bell at 1:00 p.m. eastern time today. check it out. you see mild advances this morning. dow futures up by close to 25 points above fair value, and s&p up by four, and nasdaq up by 20. this all comes after a big sell off in china overnight. look at what happened. you can see that the shanghai composite was down by 5%, the move that catches your attention. the hengsend down 2%, and the nikkei closed .30%. let's get to michelle, with more of today's top stories. >> russia looking to retaliate against turkey for downing a war plane by imposing economic sanctions, and they plan to cut ties and cancel investment projects. a lawsuit raising questions about media mogul, redstone. in a court filing, a girlfriend describes him as mentally vacant, listless, and prone to cryin