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Mar 7, 2014
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we are going to bring in alison kosik.king at the big picture here on this jobs report, is it as good as it seems on the surface? it was better than expected? >> it was better than expected. listening to what the secretary was just talking about, this was a good month. february was a good month for job creation. you look at the big picture and you think, it was just okay. here, let's put it in perspective. i want to put up that chart that you put up during his interview showing the growth over the past year or so. we are topping 200,000, almost close to 300,000. that's where we really want to be every single month to bring down unemployment. we are not seeing that happening. also, you look at how many people are actually actively looking for work. that's called the labor force participation rate. it is really low. it is at its lowest level since the late 1970s, early '80s. a lot of people are still not looking for work. they are discouraged. also, you have new businesses. they are not hiring as many as they did in the past
we are going to bring in alison kosik.king at the big picture here on this jobs report, is it as good as it seems on the surface? it was better than expected? >> it was better than expected. listening to what the secretary was just talking about, this was a good month. february was a good month for job creation. you look at the big picture and you think, it was just okay. here, let's put it in perspective. i want to put up that chart that you put up during his interview showing the growth...
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Mar 4, 2014
03/14
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let's go live to alison kosik at the new york stock exchange. alison? >> jake, you're looking at a classic relief rally. t the s&p 500 closed at a record high today. similar story in asia, europe, and russia as well. those markets were all in the red yesterday. they turned up into the green today. this wound up giving people a lot of buying opportunity. what is happening is investors are not on red alert anymore now that the situation is not as dire as it was yesterday. the thinking seemed to change when putin spoke. he kind of called off the dogs. analysts say if the situation doesn't get worse, concerns in the market will fade. jake? >> alison kosik, thank you. now to our world lead. russia has just test fired an intercontinental missile. the situation is becoming more tense and the entire international community awaits for putin's next move. this happened just hours ago during the border with kazakhstan. the united states was warned before the crisis in the ukraine broke out and that this launch was slated to happen. extremely concerned about calming
let's go live to alison kosik at the new york stock exchange. alison? >> jake, you're looking at a classic relief rally. t the s&p 500 closed at a record high today. similar story in asia, europe, and russia as well. those markets were all in the red yesterday. they turned up into the green today. this wound up giving people a lot of buying opportunity. what is happening is investors are not on red alert anymore now that the situation is not as dire as it was yesterday. the thinking...
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Mar 21, 2014
03/14
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alison kosik explains, determining who is liable could be difficult, especially if they never find theeople aboard a giant aircraft that disappears into the night. government officials still piecing together information. family members are understandably outraged. but even if the victims are never found, liability insurance can help their families. though that process likely won't be easy. >> one of the procedures is to ensure that in the event of a disappearance like this, there is a presumption of death, ruled by a court. >> reporter: in some countries, that ruling could be difficult to get. but it's essential for the next step of filing a claim. victims' families have protection under what's known in the aviation industry as the 1999 montreal convention. malaysia signed on to that treaty, it outlines where liability claims can be brought, including the airlines country of operation, the location of its corporate headquarters, where the ticket was bought, a passenger's final destination, a passenger's permanent residence. whether the victims are found or not, a basic cause of the dis
alison kosik explains, determining who is liable could be difficult, especially if they never find theeople aboard a giant aircraft that disappears into the night. government officials still piecing together information. family members are understandably outraged. but even if the victims are never found, liability insurance can help their families. though that process likely won't be easy. >> one of the procedures is to ensure that in the event of a disappearance like this, there is a...
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Mar 28, 2014
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alison kosik has details. >> reporter:any traffic ticket will push up the cost of car insurance.for minor infractions. so slow down. stop at stop signs. and watch out for people crossing the street! >> reporter:here's a look at how much it will cost you, if you dont. expect your car insurance rate to go up 5-percent if you get a ticket for driving without a seat belt. that's the smallest increase on the list. according to insurance- quotes-dot-com. driving in a car pool lane without a passenger will lead to an 18-percent rate hike. >> reporter:and tailgating, rolling through a stop sign, or not yielding to a pedestrian? those infractions will boost the amount you pay for insurance by 19-percent. speeding will cost you 21- percent more. >> reporter:and even though these are considered minor violations, you could be paying higher rates for a while. up to 3-years, or until the points fall off the license. >> reporter:some companies will reduce the rate if the driver takes a safety class. but nothing tops a d-u-i or reckless driving. in addition to putting people's lives at risk, if
alison kosik has details. >> reporter:any traffic ticket will push up the cost of car insurance.for minor infractions. so slow down. stop at stop signs. and watch out for people crossing the street! >> reporter:here's a look at how much it will cost you, if you dont. expect your car insurance rate to go up 5-percent if you get a ticket for driving without a seat belt. that's the smallest increase on the list. according to insurance- quotes-dot-com. driving in a car pool lane without...
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Mar 11, 2014
03/14
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i'm alison kosik in new york. >> pam: pizza chain suh- barro has filed for bankruptcy.comes less than three weeks after it was forced to close more than 40 percent of its u-s locations. the company says the bankruptcy filling was part of a reorganization plan with creditors that hold 98 percent of their debt. >> pam: they expect the bankruptcy to help shed an estimated 140 million dollars of debt and help the company move forward. this is the second bankruptcy filing in less than three years by the pizza chain. >> reporter: first of one to introduce you to a new mobile app. delivered to you in timmins for people who want half food. i w this redblisry,ugly loong rh d i lt ts horribleainon one se . l i ew w it hurt. i di'knowow ias going to bableo dohese shows. wi this kind of call my fe and pid 'm in trole." got is thing that's ttinme right ithe ck. wi this kind of call my fe and pid 'm in trole." it's abt thconntion i makaid "'" wi my dience. thkids.c. when yo. inead of bei able to nnecwithy auence ali could doas rllycount ea os call my fe and pid 'm in trole." it's abt
i'm alison kosik in new york. >> pam: pizza chain suh- barro has filed for bankruptcy.comes less than three weeks after it was forced to close more than 40 percent of its u-s locations. the company says the bankruptcy filling was part of a reorganization plan with creditors that hold 98 percent of their debt. >> pam: they expect the bankruptcy to help shed an estimated 140 million dollars of debt and help the company move forward. this is the second bankruptcy filing in less than...
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Mar 21, 2014
03/14
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alison kosik, cnn, new york. >> let's talk about this with dr. rosenberg. arthur, welcome.ce payments have been made to these families, even though obviously they are still looking for the plane. what are the payments for? >> sure. the way this works it is this. there essentially is an agreement under the aviation disaster family assistance act. it's also made relevant through international flights through international understanding. what happens is that the government tells the airline to pay for the family's basic economic needs, food, shelter, if they have mortgage payments, car payments, something to get through this horrendous period. >> okay. >> that comes out of the insurance that the airline has it is required to have under the montreal convention. beyond that, if you'd like me to go with that, i can take you down that road. >> go ahead. finish your thought. >> these families need representation and guidance because they will have to file claims within a two-year period. it's mandatory. now, in order to file the claim, as the segment said, you have to have a findin
alison kosik, cnn, new york. >> let's talk about this with dr. rosenberg. arthur, welcome.ce payments have been made to these families, even though obviously they are still looking for the plane. what are the payments for? >> sure. the way this works it is this. there essentially is an agreement under the aviation disaster family assistance act. it's also made relevant through international flights through international understanding. what happens is that the government tells the...
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Mar 4, 2014
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alison kosik is over at the new york stock exchange. how much have we bounced back today?e a bit. what a difference a day makes. even the s&p 500 at a record high. the dow up 200 points, 205 points. all 30 stocks in the dow are in the green. very different story yesterday. it was a sea of red. we also saw that turn-around happening overseas, all the way -- there were those down arrows we saw yesterday in europe, asia, russia, they all turned up today. analysts say investors today aren't on red alert. it's not such a dire situation. i think when putin spoke and said russia doesn't want to annex crimea, analysts said that the ukraine should fade as an issue. through these geopolitical events markets become volatile but wind up recovering after a week or two, but that volatility will continue. >> the roller coaster will continue, i suspect, for several days, up and down, up and down. we'll see what happens tomorrow and the rest of today. allison, thanks very much. that's it for me. for our international viewers, am am am amanpour is next. "newsroom" starts right now. >>> i'm
alison kosik is over at the new york stock exchange. how much have we bounced back today?e a bit. what a difference a day makes. even the s&p 500 at a record high. the dow up 200 points, 205 points. all 30 stocks in the dow are in the green. very different story yesterday. it was a sea of red. we also saw that turn-around happening overseas, all the way -- there were those down arrows we saw yesterday in europe, asia, russia, they all turned up today. analysts say investors today aren't on...
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Mar 9, 2014
03/14
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cnn's alison kosik has more on a key anniversary. alison. >> hi, joe.ys on wall street this week. first up, the bull market when the opening bell rings on monday, it will mark the first trading day as a 5-year-old. stocks hit bottom in 2009 and had been soaring every since. the stock traders almanac says the average bull market lasts only two years so this one has clearly gone on longer and many say still room to run. the worldwide web turns a 25 this week. develops by a software engineer in switserland in 1989 and has since become one of the most powerful communication tools out there. it will have a look at how the web has revolutionized the way we live. >>> also topping our list of the biggest stories on wall street, get a health check up on the american consumer. are people shopping? so far this year, retail sales haven't been too hot and big names like radio shack and staples announced they're closing some stores. it's a big deal because spending is what drives this economy. joe, that's what's coming up on wall street. >> alison kosik, thanks for t
cnn's alison kosik has more on a key anniversary. alison. >> hi, joe.ys on wall street this week. first up, the bull market when the opening bell rings on monday, it will mark the first trading day as a 5-year-old. stocks hit bottom in 2009 and had been soaring every since. the stock traders almanac says the average bull market lasts only two years so this one has clearly gone on longer and many say still room to run. the worldwide web turns a 25 this week. develops by a software engineer...
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Mar 15, 2014
03/14
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alison kosik has more for us this morning. good morning, alison. >> hi, victor and christi.dropped 4%. boeing makes the 777 plane, the model that went missing. it is used on a lot of international routes. at $260 million a pop, it is boeing's cash cow making a chunk of the sales. not everyone is worried. the financial impact for boeing, long term, isn't a big concern. boeing is getting orders for the 777, remember, the plane isn't new. it has been around for 20 years. its safety record is pretty good. boeing has weathered other problems in the past like production delays and battery fires with the dreamliner plane. the short-term concerns are having an effect. rolls royce made the 777's engine. the stock ended higher on friday, but there were declines mid week. over at malaysia airline, that stock dropped 4% this week. bottom line, analysts say the big concern is confidence. the longer the search, the loss of confidence. christi and victor. >> alison kosik, thank you very much. >> coming up, the search for flight 370 is now bigger than ever. a little more defined. we will sh
alison kosik has more for us this morning. good morning, alison. >> hi, victor and christi.dropped 4%. boeing makes the 777 plane, the model that went missing. it is used on a lot of international routes. at $260 million a pop, it is boeing's cash cow making a chunk of the sales. not everyone is worried. the financial impact for boeing, long term, isn't a big concern. boeing is getting orders for the 777, remember, the plane isn't new. it has been around for 20 years. its safety record is...
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Mar 8, 2014
03/14
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alison kosik explains why. >> the s&p 500 closed at a record high tuesday and hit the mark again on thursdayriday. but overall, stocks were all over the place. mostly because of the unrest in ukraine. the dow dropped 150 points monday, only to pop 200 points tuesday, the biggest gain of the year. in the end, stocks wrapped up the week higher. two major retailers announcing they're closing some stores. radio shack is shutting 1100 locations and staples is closing 225 stores. the ceo says stores need to earn the right to stay open and these days, many traditional stores are getting hit hard by online retailers. target is making big changes in the wake of last year's massive data breach. they are highing top tech positions. they will bring in new blood and high from outside the company. americans are buying more guns. smith & wesson says quarterly sales rose 7%. sir ruegger released similarly strong numbers. sales have picked up since president obama's re-election and the newtown, connecticut shootings. and it was a pretty good week for ben bernanke. he reportedly raked in $250,000 for one spee
alison kosik explains why. >> the s&p 500 closed at a record high tuesday and hit the mark again on thursdayriday. but overall, stocks were all over the place. mostly because of the unrest in ukraine. the dow dropped 150 points monday, only to pop 200 points tuesday, the biggest gain of the year. in the end, stocks wrapped up the week higher. two major retailers announcing they're closing some stores. radio shack is shutting 1100 locations and staples is closing 225 stores. the ceo...
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Mar 21, 2014
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>> alison kosik, reporting from new york, thank you. >> still to come, a high-tech data recorder is getting wake of flight 370s disappearance. i reckon a storm's a brewin'. reckon so. reckon you gotta hotel? reckon, no. reckon priceline express deals will get you a great deal. wherever you...mosey. you reckon? we reckon. vamonos the spring hotel sale is on at priceline.com. save up to 60% on any express deal hotel, when you use code: spring '14. i reckon this is one deal you won't want to miss. get a $200 best buy gift card during sleep train's big gift event with purchase of selected mattress sets. or, get 24-months interest-free financing. sleep train's big gift event is ending soon. ♪ your ticket to a better night's sleep ♪ >>> the clock is ticking on retrieves crucial evidence in flight 370s disappearance. batteries are expected to only last another 16 days. if a high-tech data recorder had been in use, we would already have some answers about that plane. cnn's laurie segall, has more for you. >> hey, carol, right now, the plane sinks to the bottom of the ocean. the flight data recorder
>> alison kosik, reporting from new york, thank you. >> still to come, a high-tech data recorder is getting wake of flight 370s disappearance. i reckon a storm's a brewin'. reckon so. reckon you gotta hotel? reckon, no. reckon priceline express deals will get you a great deal. wherever you...mosey. you reckon? we reckon. vamonos the spring hotel sale is on at priceline.com. save up to 60% on any express deal hotel, when you use code: spring '14. i reckon this is one deal you won't...
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Mar 4, 2014
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business correspondent alison kosik joining us now. so markets in europe as well as asia also did pretty well today. this is quite the bounce-back that we saw from yesterday. >> reporter: oh, yeah. the bulls certainly taking charge around the world. you look at the dow, you think about what happened yesterday. it had one of the biggest losses of the year and today it's shaping up to be one of the biggest gains of the year. you look at the s&p 500, it's never been higher. analysts also have a positive spin on this. they say that the sell-off that happened yesterday wound up being a buying opportunity for many investors. it really does seem to be the case. before you pop those champagne corks and think this is fine, not out of the woods yet. many american companies continue watching the developments in ukraine and russia very closely. big companies like deere and caterpillar and dupont. those companies do a lot of business in ukraine, it's a big agricultural country. but analysts say as long as the situation doesn't get worse at this poi
business correspondent alison kosik joining us now. so markets in europe as well as asia also did pretty well today. this is quite the bounce-back that we saw from yesterday. >> reporter: oh, yeah. the bulls certainly taking charge around the world. you look at the dow, you think about what happened yesterday. it had one of the biggest losses of the year and today it's shaping up to be one of the biggest gains of the year. you look at the s&p 500, it's never been higher. analysts also...
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Mar 26, 2014
03/14
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allis alison kosik reporting live. >>> "at this hour" with berman and michaela after a break.at make me smile. spending the day with my niece. i don't use super poligrip for hold because my dentures fit well. before those little pieces would get in between my dentures and my gum and it was uncomfortable. even well-fitting dentures let in food particles. super poligrip is zinc free. with just a few dabs, it's clinically proven to seal out more food particles so you're more comfortable and confident while you eat. so it's not about keeping my dentures in, it's about keeping the food particles out. [ charlie ] try zinc free super poligrip. ♪ ♪ ♪ told ya you could do it. (dad vo) i want her to be safe. so, i taught her what i could and got her a subaru. (girl) piece of cake. ♪ (announcer) love. it's what makes a subaru, a subaru. phone: your account is already paid in full. oh, well in that case, back to vacation mode. ♪boots and pants and boots and pants♪ ♪and boots and pants and boots and pants♪ ♪and boots and pants... voice-enabled bill pay. just a tap away on the geico app. ♪
allis alison kosik reporting live. >>> "at this hour" with berman and michaela after a break.at make me smile. spending the day with my niece. i don't use super poligrip for hold because my dentures fit well. before those little pieces would get in between my dentures and my gum and it was uncomfortable. even well-fitting dentures let in food particles. super poligrip is zinc free. with just a few dabs, it's clinically proven to seal out more food particles so you're more...
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Mar 7, 2014
03/14
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correspondent christine romans and steven moore chief economist at the heritage foundation and alison kosik take us through the numbers. what did we learn? >> we learned despite terrible weather hiring picked up in the month, 175,000 jobs created, the one
correspondent christine romans and steven moore chief economist at the heritage foundation and alison kosik take us through the numbers. what did we learn? >> we learned despite terrible weather hiring picked up in the month, 175,000 jobs created, the one
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Mar 22, 2014
03/14
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alison kosik explains how insurance works in this type of case. >> the airline industry spends wellslike the malaysia airlines jet that disappeared likely carries about a $2 billion policy that, ensures the plane itself also includes liability for passengers in case something happens. 239 people aboard a giant aircraft that disappears into the night. government officials still piecing together information. family members are understandably outraged. even if the victims are never found liability insurance can help the families though that process won't be easy. >> one is so ensure that in the event of a disappearance like this, there is a presumption of death, which is ruled by a court. >> reporter: in some countries, that ruling could be difficult to get, but it's essential for the next step of filing a claim victims have protection under the montreal convention. malaysia signed on to the treaty and outlines where liability claims can be brought including the airlines' country of operation, the location of its corporate headquarters, where the ticket was bought, a passenger's final d
alison kosik explains how insurance works in this type of case. >> the airline industry spends wellslike the malaysia airlines jet that disappeared likely carries about a $2 billion policy that, ensures the plane itself also includes liability for passengers in case something happens. 239 people aboard a giant aircraft that disappears into the night. government officials still piecing together information. family members are understandably outraged. even if the victims are never found...