the economy minister and a new head for the powerful national guard. president trump has urged saudi arabia to list the oil giant aramco on the new york stock exchange. he would very much it would beand important to the united states. a person familiar with aramco says the message came out of the this would be the largest initial public offering ever. china's financial system is getting significantly more vulnerable he -- vulnerable due to high leverage according to the pbc governor. in a lengthy article, he said it late in risks are accumulative, including some that are hidden, complex, contagious and hazardous. he also flagged the need for deeper reforms in the world's second-biggest economy. the lebanese prime minister has unexpectedly resigned. in a televised speech from saudi arabia, he said he fears for his life and accused iran and its proxies from -- four destabilizing his countries and the region. this run is -- this is when used the chance of a renewed confrontation between saudi arabia and iran. catalan president has: separatist goods to pull ahead -- to pull together head of the election. he tweeted that it is the moment for democrats to

. >>> on the "cbs moneywatch," new questions about why uber waited to disclose a massive hack, and elon musk wins a big bet. diane king hall is at the new york stock exchange and more. good morning, diane. >> good morning, weijia. wall street was closed after the thanksgiving holiday. president trump praised the highest stockmarket ever. on wednesday the dow fell 64 point, the s&p fell over 1%. >>> uber says it discussed the hack with softbank. softbank would share it. "the wall street journal" reports uber ceo learned of the breach two months ago. >>> tesla ceo elon musk won a $50 million bet.% if he missed the deadline musk promised to do it for free. the tesla power pack will be able to supply power to 30,000 homes during a blackout. >>> and the new move "coco" is expected to take the top spot at the box office this weekend. >> i'm sorry. what's going on. >> reporter: the disney pixar movie hits theaters on wednesday. it is about a boy who somehow ends up in the land of the dead. "coco" is expected to bring in 51 million dlfrmts "justice league" is set to bring in an additional $47 million, and "wonder" is expected to bring in >>> diane hall at the new

maybe it will improve evan's grammar as well. >> indeed. >> diane king hall at the new york stock exchangeane. >> all right. >>> ahead, a shred of evidence. the nba jerseys are falling apart, but nike proms a quick fix. fibromyalgia is thought to be caused by overactive nerves. lyrica is believed to calm these nerves. i'm glad my doctor prescribed lyrica. for some, lyrica delivers effective relief for moderate to even severe fibromyalgia pain. and improves function. lyrica may cause serious allergic reactions, suicidal thoughts or actions. tell your doctor right away if you have these, new or worse depression, unusual changes in mood or behavior, swelling, trouble breathing, rash, hives, blisters, muscle pain with fever, tired feeling, or blurry vision. common side effects: dizziness, sleepiness, weight gain, swelling of hands, legs and feet. don't drink alcohol while taking lyrica. don't drive or use machinery until you know how lyrica affects you. those who've had a drug or alcohol problem may be more likely to misuse lyrica. with less pain, i can do more with my family. talk to your doc

for "nightly business report, m bob pisani at the new york stock exchange. >>> coming up, why the new tax plan could be a problem for investors who are part of the buy an >>> airbus has inked the biggest airplane order ever. the european airplane maker has signed a deal to sell 430 jet liners valued at $50 billion to a private equity firm that has stakes in low cost airlines around the world. that deal was made at the dubai air show. >>> it was a rough day for target shareholders. that stock fell nearly 10%, despite reporting solid third quarter results and lifting its full year guidance. but it was what the company said about the critical holiday period that sent chills through investors.n >> reporter: target hit a bullseye with its third quarter results. but investors are disappointed with the holiday forecast. ceo brian cornell says he's surprised at the reaction to expectations. cornell says he's confident going into the holiday quarter. >> we feel really good about our performance, the progress we've made. and i feel really confident that we've got all of the elements working wel

he's mulling over on whether to do it at the new york stock exchange. ave been looking in london and others. the president would like to see that come to the new york stock exchange and he put that in with king salman. the air force rock 'n roll band is kick it up. the air force orchestra opposite the band displayed the jerry goldsmith theme. we saw that during the election campaign when the president would roll up in his aircraft. setting the stage, if you will. judge jeanine: john, i have to tell you, the president loves music, and he's always like keying the music into the event. it's very donald trump. very president trump. john: we have seen it in these campaign-style events. when he was making some of his first stops after becoming president. but it's the very first time i have heard an air force band play that theme when air force one rolls up. something unique here in yokota tonight. jenna: the president is going to be walking into that hangar to speak to the troops. we are going to be with you throughout all of it. when you think about it, our t

for "nightly business repor" m bob pisani at the new york stock exchange. >>> jack howe joins us to talk about the frenzy behind bitcoin, he's a columnist at barrons. nice to have you here. >> nice to be here. >> what's your take on the meteoric rise in bitcoin currency? >> i think you nailed it, frenzy. when a stock shoots up we ask what has happened to fundamentally change the value of the business. but this isn't something that can be traced to a business. it doesn't sit up nights thinking about ways to make itself more valuable. this is a purely speculative instrument. i think what's really happened here is in the early days of this, buying and bitcoins was restricted to hobbyists and some people with ill-begotten gains out there, we've all heard stories about drug trafficking and so forth using bitcoin. but now it's expanding to a more generalized money. people hear about friends making great money and they want to too. there's more exchanges popping up. we could see this frenzy continue for a while. when the time comes, when the people sitting to the left and right of you both own

>> diane king hall at the new york stock exchange. so much, diane. >>> still ahead, save the date. prince hairy and meghan markel talk about their upcoming plans for a royal family as the rest of the family reacts to their big news. family as the rest of the family reacts to the big news. you. nz xr is right for xeljanz xr is a once-daily pill for adults with moderate to severe ra for whom methotrexate did not work well. it can reduce pain, swelling and further joint damage, even without methotrexate. xeljanz xr can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal infections, lymphoma and other cancers have happened. don't start xeljanz xr if you have an infection. tears in the stomach or intestines, low blood cell counts and higher liver tests and cholesterol levels have happened. your doctor should perform blood tests before you start and while taking xeljanz xr, and monitor certain liver tests. tell your doctor if you were in a region where fungal infections are common and if you have had tb,

diane king hall at the new york stock exchange. anks a lot, diane. >> all right. >>> still to come, the netflix of health care. we will show you how patients are using subscriptions to see doctors. (grunts of effort) can we do this tomorrow? if you have heart failure symptoms, your risk of hospitalization could increase, making tomorrow uncertain. but entresto is a medicine that was proven, in the largest heart failure study ever, to help more people stay alive and out of the hospital than a leading heart failure medicine. women who are pregnant must not take entresto. it can cause harm or death to an unborn baby. don't take entresto with an ace inhibitor or aliskiren. if you've had angioedema while taking an ace or arb medicine, don't take entresto. the most serious side effects are angioedema, low blood pressure, kidney problems, or high potassium in your blood. ♪ tomorrow, tomorrow... ♪ when can we do this again, grandpa? well, how about tomorrow? ask your doctor about entresto and help make tomorrow possible. earthquake that's a

in the new york stock exchange. part of this subway to keep the positions of iran in check by the u.s. and saudi arabia having closer ties? >> absolutely. the closer we can get saudi arabia to the 90s dates as opposed to any other power including the most dangerous iran i think it's a plus for the united states. the key to the whole problem and conundrum is the stability of saudi arabia appeared to be able to pull this off on their own? are they going to be able to clean up corruption or they just consolidating power into one powerful family. this is something we have to revisit a couple months from now to see if it's going to work out. >> they are trying to liberalize, modernized as they go the post-oil era. >> no question. >> i'm massive fire in some bmw models. lauren: headlines making news this monday morning. >> bmw recalling about 1 million vehicles in north america for two separate issues that could cause a fire. one cover 670,206 through 2011 u.s. three series because of a wiring issue for heating systems tha

trading in the london stock exchange in the daily at 3 p.m. trading on the new york stock exchange begin at 9 a.m. the established opening hour for most banks. standard time had established a five hour time difference between london and new york but when it was 90 and in new york it was 2 p.m. in london. this preserve one hour of trading for arbitrage. then london spring ahead by an hour. so when the new york stock exchange opened it was 9 p.m., but 3 p.m. in london and london was closed. daylight saving save new york's most precious hour. money makes men bold. 25 march 1920 the stock exchange is in boston, philadelphia announced their intention to conform to the new daylight hours in new york. on the same day cleveland's traders became daylight savors it with her clocks and cleveland stock exchange were the only timepieces in the city to move one hour ahead. before night fell on chicago which was in the central time zone and normally one hour behind new york, the board of governors of exchange voted to fix the arts of trading from 6 a.m. until such time as a dayligh

diane king hall is at the new york stock exchange. ning, diane. >> good morning, anne-marie. the price of gas in this country jumped 7 cents. the average cost is $2.86. the lundberg survey cites a spike in oil prices for the blame. meanwhile the doll rallies higher. the dow rallied 104 points. the s&p 500 ended 6 points higher, and the nasdaq gained 62 points. >>> in saudi arabia this morning there's been an unprecedent shakeup in the ruling family. dozens of senior officials and princes are under arrest overseen by prince mohamed bin salman. dozens have been arrested. their arrests are said to be part of an anti-corruption sweep, but many of those arrested are potential rivals or critics of the p in the past the rulers have kept their disagreements private. >>> amazon is discounting products from third-party sellers on its websites. it includes board games and technology gadgets offered by other merchants. amazon has been trying to lure customers away from discount places like walmart. >>> the iphone 10 sold out in 20 cities over the

diane king hall is at the new york stock exchange with that and more. orning, diane. >> good morning, anne-marie. well, wall street opens the week at new record highs. now, tomorrow is the senate confirmation hearing for jerome powell, president trump's nominee to head the fed rae reserve. investors will be paying close attention to powell's monetary policy and banking regulation on wall street. the dow gained 37 points, the s&p 500 finished 25 points higher. and like the dow, the nasdaq also rose 137 points. >>> the value of bitcoin is soaring. it's up and closing in on $10,000. it traded at an all-time high yesterday. its value climbed more than 40% over the past two weeks. the buying frenzy is being pushed by individual investors despite warnings of a bubble from some wall street executives and analysts. >>> one magazine giant is buying another. meredith is paying about $2.18 million for time. meredith publications includes "better homes & garden," "family circle," and "shashape magazine. "time" said it was time and was in the best interest of its sha

diane king hall at the new york stock exchange. anks a lot, diane. >> all right. >>> still ahead, a touching story. a friend of a las vegas victim has a way to honor those killed in the attack. give joy, get joy this weekend at kohl's friends & family sale be ready for thanksgiving with an extra 20% off! get everything to cook the ultimate feast throw pillows for a festive home and soft towels for all your guests this weekend at kohl's friends and family sale give joy, get joy at kohl's. this i can do, easily. i try hard to get a great shape. benefiber® healthy shape is a clear, taste-free, 100% natural daily fiber... that's clinically proven to help me feel fuller longer. benefiber® healthy shape. this i can do! country... when we could see the wet weather return. an escapee deemed a violent psychopath by authorities heads to court today... in a jailhouse interview, we'll hear what he had to say about why he went on the run... and some significant movement in the republican effort to overhaul the nation's system... join us for kpix

debut and president trump is trying to get the saudi's to list shares of aramco during the new york stock exchangeweekend reading this. we very much appreciate saudi arabia doing the new york stock exchange important to the united states. he went further to include the nasdaq as well, but the anticorruption crackdown is casting doubt over this planet i've heard from several sources that why would they go public on the new york stock exchange when we know there was recent legislation put in the u.s. which allows the families of 9/11 to sue the saudi government they will go on the york stock exchange, make a lot of money to get that money. >> that's a great question. i don't know if the saudi leadership has spoken about it before the treaty. from an economic perspective and i'm not the expert on the economy here. you are. if aramco is going to be listing shares in the new york stock exchange, that is a huge thing regardless of the issue of legal claims made by the 9/11 families which is a very legitimate issue. but it has to do with transparency, government but also the price of oil. when the ipo is

product, not the new york stock exchange. they are not making a judgment on whether the valuations are right or not all the exchanges care about is can we get products that people care about trading really, that's what the game is right now. you saw what's going on. you are talking about that low volume and low volatility. we are still seeing attrition on the street the streets are still seeing lay-offs because there is not enough trading activity going on that's what the game is. >> thank you very much from these new fang futures to the whipsaw moves we have been seeing in names like blue apron, red robin. what does it all mean? what does it mean for the health of the bull market the fairness of the market for the little guy let's bring in jack bolder let me go way, way, out on a limb and guess that you probably don't think the world of fang futures. >> well, i think, the answer, tyler, is, if you want to do such a crazy thing, it certainly makes it easy to do. whether that's an asset or a liability. i have no doubt it is a l

diane king hall is at the new york stock exchange with that and more. > good morning, anne-marie. well, here on wall street bank stocks suffered their worst loss in months as interest rates slipped. on the flip side household goods, utilities and others performed better than the rest of the market. in the end the dow gained 8 points, the s&p 500 fell where it started with the nasdaq fell 18 points. >>> waymo is testing self-driving cars on back roads without a driver. the only person in the chrysler minivan is an employee in the back seat. the passenger can't drive it but can stop it. waymo say it plans to apply the technology to a self-driving ride service. >>> mean teem uber voted on new guidelines regarding government culture. it follows sexual harassment allegations. the new rules include mantras like we do the right thing and we celebrate differences. >>> and twitter is expanding. twitterers will now have twice the room to share their thoughts at 280 characters. the move comes after months of trying out longer tweets. not everyone is happy. they say

diane king hall is at the new york stock exchange with that and more. g, diane. >> good morning, anne-marie. president trump announced jerome powell to lead the get. powell will replace janet yellen. the first woman to leave the chair. he spent years in the private sector. he's expected to keep raising interest rates at a gradual clip. powell's also seen as someone more inclined to ease financial regulations. his election was no surprise to wall street. investors also mulled over the gop tax plan, weighing its impact to business, particularly in consumer spending. in the end the dow had a record high, gaining 81 points. the s&p 500 ended up where it start. so, too, did the nasdaq. >>> iphone x goes on sale today. they lined up around the world to get their hands on the new device. apple says it will be available in 50 markets including u.s., china, india, and japan. it features new facial recognition technology. the starting price, nearly $1,000. >>> an airline trade group says this will be the busiest thanksgiving travel holiday 28.5 million passengers