. >>> i'm angie lau live at the cme group in chicago.hree of the nation's largest wireless carriers joining forces to fundamentally change the way you and i shop and all you need is a smartphone. at&t, verizon wireless and t- mobile all joining forces today to form a joint venture that will build a national mobile commerce network calls isis. some are working towards making a new payment technology that could suplnt plastic credit card and debit cards. meanwhile report on industrial production that's a measure of output as factories, mines and utilities less than forecast in october. sign that limited demand is keeping a lid on inflation. official, music to both apple users and investor's ears. apple said it will start selling beatles music through itunes for the first time and that ends a decade long stalemate between the best selling group and the music largest retailer. lastly, got to congratulate. a chicago based and chef grant akit were awarded three michelin star along with elplenty. with that comes economic reward for chicago's ec

. >>> i'm angie lau in chicago. the struggle for the spending dollar is continuing as consumers pinch their pennies. spending rose but incomes dropped in more than a year. an expert says that consumers are spending but they are sticking to necessarities -- necessities. and manufacturing here at home is robust. the ism index said manufacturing increased to 56.9 last month. we saw a jump in orders and production. that's good news for the economy. >>> the market for smart phones is buzzing. according to ken allist the third quarter smart phone shipments rose in from the same period last year. >>> be careful this weekend if you use your iphone as your alarm clock. the apple insider said a bug with the iphone caused alarms in europe to go off an hour late today as that continent switched from daylight saving time. but the alarms did not. that could impact us here this sunday, november 7th when times fall back. if apple does not issue a update it will affect you users here as well. >>> and on wall street right now, stocks

. >>> i'm angie lau live at the cme group in chicago. the u.s.conomy is buzzing thanks to employers squeezing more proddictivity from workers. and that led to an unexpected drop in cost. labor department says employee output per hour rose at 1.9% annual rate. more than forecast. this is company remain focused on cutting expenses and running lean. on the foreclosure front, jp morgan chase says it stopped 127,000 foreclosures in 40 states. that's up from 115,000 it said last month. while it reviews files to correct any errors in foreclosure documents pp separately the bank has received requests for files from fannie mae, freddie mac and other investors on $8 billion in outstanding loans. that may be candidate for buyback. and on the earnings front, investors not answer at california designer jean maker true religion which cut its earnings forecast. the designer jean company says that consumers are cutting back on premium denim because of the economic slowdown. but jeans in general, anything made with cotton about to get more expensive. whether they

live in the cme group in chicago, angie lau, bloomberg news.ow back to you. >>> why thousands of illinois residents are due cash and if you are one of them we will tell you how to collect. >> but first your house business to be filled with guests for the holidays. hgtv frank fontana has tips how to give your home a nur look with little effort and little cost. zthtjthththtjtjtjt@tjtjtjtjtétjt >>> he has been teaching people how to design on a dime. now chicago resident frank fontana is helping people discover their own design styles on the cheap with his new book, frank fontana dirty little secrets of design. thank you for coming in. >> how you doing? >> we are all on a budget these die -- days and a lot of this is knowing what style you like. >> a lot of people don't know their own style. so i brought examples. these are from ken ludwig.com. we will start with traditional. telltale sign of traditional is or in the legs on the bottom of the chair. they are a spun look. >> i like that personally. >> and then look at the patterns. these are damask

. >>> i'm angie lau live at the ce -- cme group in chicago.ow confident are consumers heading into the busiest shopping season of the year? pretty confident. according to the confidence index, consumer confidence rose to the highest level in five moneys. not so confident when it comes to home prices in chicago. home prices in 20 metropolitan cities rose in september at the slowest pace in eight months and chicago led 15 of those cities in the index but showed a year-over-year decline chicago dropping the most index 5.6% compared to last year. not helping the home front here, concerns are greeing over a potentially new wave of foreclosure filing issues. testimony coming from a banc of america employee in a personal bankruptcy case getting ammunition to home owners fighting foreclosures here. employee saying it was routine to keep mortgage promissory notes when they should have been transferred to mortgage bond holders. judge rejected the foreclosure claim on a man's home and that's raising the question of whether other foreclosures could be sim

. >>> >>> i'm angie lau live at the cme group in chicago. good news from the jobs front. we are seeing signs of healing today. labor department reporting this morning that the number of americans filing for jobless claims for the first time fell to the lowest level in four months. now fewer firings are the first step in the improvement of labor market followed by faster job and income growth that can fuel gains in consumer spending which will be good for the economy. meanwhile, if you do have a job at mountainview based google, 2011 may be a very good year. street journal" the company plans to give 10% raises to all of google's 23,000 workers around the globe. affective in january. fear not, even if you don't work for google you could be in for a railz. according to career builder survey, one-third of employers are willing to negotiate salary increases for its current workers. 43% of employers surveyed say they are concerned that their top talent may leave their organizations when the economy improves if they don't give out raises. lastly, with thanksgiving travel coming

live at cme group in chicago, angie lau, bloomberg news. back to you. >>> a new illinois lottery game will benefit the state's military veterans. previous instant scratch off tickets have raised $8 million from veteran services. governor quinn will attend day's unveiling of the new game. long been a champion of veterans issue. >>> if you are getting mayor treed someone in the armed forces you can get a free wedding dress this week. bridle shops across country are giving away gowns to military brides only. most of the dresses are worth 500 to up to $3,000. in illinois, you check out alamore brideinal barrington and find your wedding gown at bridle boutique and mr. penguins. check out a list of all of the participating stores at wgntv.com/web links. >>> stuck at sea thousands of passionjure -- passengers are stranded on a cruise ship after it caught fire. >>> and it's the football play that has gone viral. what led a middle school quarterback to try this unusual move during a game. look at him go! >>> good for him. >>> and this brooklyn based

live at the cme group in chicago, angie lau, bloomberg news.ow back to you. >>> a federal judge may decide to dismiss hundreds of lawsuits against toyota for the recall vehicles. lawyers for toyota will follow motion in california today asking the judge to throe out the lawsuits because the plaintiffs have not been able to approve design defect is possibly for sudden acceleration problems in millions of cars. lawsuits seek compensation for injuries and death due to sudden acceleration problems. toyota recalled millions of car for acceleration problems but the cause of the problem is not yet been pin pointed. >>> chevy bolt has been named 2011 green car of the year. the plug-in electric car is made by general motors. it's designed to run on electric power for 40 miles at which point it then relies on a gasoline engine to charge the battery. it beat out the nissan lead. for fiesta and lincoln hybrid. >>> better business bureau says it's changing the way it grades businesses. the changes come after allegations that the bureau was giving higher gra

. >>> i'm bloomberg's angie lau live at the cme group in chicago.ome tasty profit news from mcdonald's. world's largest restaurant train based here in illinois say sales in restaurants opened a year climbed 6.5% last month compared to a year ago and that beat wall street expectations as well. this as more customers coming in to buy those new menu items like frappes and fruit smoothies. meanwhile at google, google helping travelers stay connected this holiday season. google announced a deal today with della. air tran and virgin america to provide free go-go inflight i would fly internet service to passengers. free inflight surfing deal starts november 20 and runs through until january 2 on all the do ms be flights -- domestic flights. >>> and kraft hiring reformed hollywood bad boy to give voice to mr. peanut. the popular mascot for its plantar's peanuts. that voice is robert downey, jr. kraft says its animated commercial will debut officially tomorrow on sphaisback. >>> -- facebook. >>> in another sign of the times now you can find queen elizabeth 2

live at the cme group in chicago, angie lau, bloomberg news. back to you. >>> mayor daley and senator dick durbin are among those paying tribute to the nation's veterans today in a ceremony in soldier field where murmer -- murmer is joining us live -- mir mir is joining us live. >>> one day to set aside honor living veterans. those who served or are presently serving. and at soldier field there is a huge gathering of veterans and there are dozens of speakers and here is just a snapshot of some words that are pretty thoughtful. >> whenever and wherever the nation has called americans veterans have been there. and today at this moment they stand there as well, deployed across the world on freedom's frontier in defense of this great nation. at this moment, a soldier, a sailor, airman and marine is gearing up and ready to leesk the forward operating base in afghanistan to provide security for a marketplace or a clinic or a village. at this very moment, our great soldiers from the illinois national guard are on point in eastern afghanistan to defeat

live at the cme group in chicago, angie lau, bloomberg news. now back to you. >>> no toilets or food for hours. so why did passengers refuse to get off a plane delayed on the runway? we will tell you why. >>> how to be quick on your tows. a workout from professional trainers from travell gaines and the bears bennett. are you suffering from frequent heartburn ? try zegerid otc. it's the first 24-hour treatment with two active ingredients: prescription-strength medicine plus a protective ingredient so it's effectively absorbed. for 24-hour relief, try dual-ingredient zegerid otc. thank you for calling usa pmy name peggy. peggy, yes, i'd like to redeem my reward points for a gift card. tell points please? 250,000. calculating... ooh! answer: five fifty! 550 bucks?! 5 dollar, 50 cents. minus redeeming charge. leaving 50 cents. say what? happy time! what kind of program is this? want better rewards? switch to discover. america's number 1 cash rewards program. it pays to discover. so i take one a day men's 50+ advantage. as a manager, my team counts

. >>> i'm bloomberg angie lau live at the cme group in chicago. some grim foreclosure news on the existing housing report. existing home sales for more than forecast last month dropping 2.2% last month and foreclosure moratoriums housing market. national association of realtors also saying that distressed properties accounted for a big chunk of sales, 34%. on a brighter -- brighter note the u.s. economy grew faster than previously calculated. the commerce department gdp report shows that the nation's economy grew at a 2.5% annual rate in the third quarter. that's up from 2% estimated last month. that's thanks to increased shipments abroad and americans spending more here at home. >>> meantime instead of a sweater from j.crew for the holidays how about the whole company? j.crew bought for nearly $3 billion by private investor group tpg and leonard green and partners. paying 16% premium over yesterday's closing price. j.crew operates 215 retail stores in the nation. black friday bargain shoppers, take note. "new york post" reporting that while wal-m

angie lau. back to you. >> san francisco's ban on happy meal toys gets the first challenge. >>> watch out, a look at the iron man suit developed for the military. >>> and good night lane is out. you can catch more of his pop rock at the old town school of folk music. >> i tried to share them but you would not... >>> they're back after being strained at sea on the splendour but two women say they cannot wait get on the plane home tonight. >> it was a ordeal. >> and we talked with them as they got ready for the flight home. >> reporter: and tammy add yams said she and her friend were the last people to get off the cruise when it came into port yesterday. this morning as i talked to them on the phone they were happy to have a hot breakfast. >> we were thrilled. we were close, we can actually see hand and people, you know, because those other days and we can see anything. >> tammy works for the cta. she got away with a friend and that is until splendour had that engine fire which set the ship adrift

live at the cme group in chicago, angie lau, bloomberg news. >>> some breaking news to tell you about. reports of multiple gun shots fired at a bank in south suburban homewood. let's take a look live at the scene from sky cam 9. this is happening at a u.s. bank. at 183 and kedzie. earlier reports say the shooting happened at jewel grocery store. but you can see this police activity centered around the bank. we are still getting more details. the story is still unfolding as we speak. we will bring you the latest information just as soon as we get it. >>> after more than two months underground, one of the chilean miners say he will take on a new grueling physical challenge. >> then later in medical watch, how breaking a sweat could help you avoid the fevers, chills and other symptoms of flu season. until i look at the gumline. the problem is, you could have plaque along your gumline that can lead to gingivitis. in fact, one in two adults actually has gingivitis and might not even know it. that's why i recommend new crest pro-health clinical gum protection toothpaste. it helps eliminate

live at the cme group in chicago, angie lau, bloomberg news much now back to you. >>> and they are two members of the very popular alternative band willco. performance coming up from john and patrick as autumn defense. lightning fast. lightning strong. verizon 4g lte. rule the air on the most advanced 4g network in the world. >>> wook. john and pat are probably best known as members of the world renown rock band willco. but since 2001, this duo has collaborated on a side project. the autumn defense. they have a new album out. guys-- >> good to have you in. isn't it enough to be in one of the world's top rock bands? and you have -- you had them going for 1250eu78. >> we have. it's something me and pat sort of got together in new orleans. we were both living there in the late 90s and always to answer the question about there is always kind of more time for music. it's a demanding schedule in willco. but as always, there is always more time. >> what is the autumn defense do for you creatively that willco doesn't provide. it. >> it allows us to sing more. autumn descends started because we

live at the cme group, i'm angie lau for wgn news. >>> still ahead, a founding member of the rap group run dmc stopped by the studios for a special performance. >>> and the illinois push to help undocumented students to apply for citizenship before congress. >>> every midday log onto wgntv.com and that means you could also watch us on your iphone. [ male announcer ] millions of men 45 and older just don't feel like they used to. are you one of them? remember when you had more energy for 18 holes with your buddies? [ glass shatters ] more passion for the one you love? more fun with your family and friends? it could be a treatable condition called low testosterone, or low t. c'mon, stop living in the shadows. you've got a life to live. [ male announcer ] so don't blame it on aging. talk to your doctor and go to isitlowt.com to find out more. >>> some politicians and college presidents are speaking out for immigrant rights. supporting a bill that would help young undocumented immigrants. wgn's robert jordan is live at the university of illinois at chicago where advocates of the so-called