. >> aol is set to buy the huffington post worth $315 million.nder ariana huffington will be in charge of all aol content her website attracts 25 million visitors each day the deal is the latest in a series of moves by aol to reboost its online presence. >>> 6:20 a.m. this year's top super bowl ads were for the dogs which ones voted most popular. >> later you may have to wait a little longer for verizon iphone the company's move after mad rush during preorders ,,,,,,,, ,,,,,,,, this is my band from the 80's, looker. hair and mascara, a lethal combo. i'm jon haber of alto music. my business is all about getting music into people's hands. and the plum card from american express open helps me do that. you name it, i can buy it. and the savings that we get from the early pay discount has given us money to reinvest back into our business and help quadruple our floor space. how can the plum card's trade terms get your business booming? booming is putting more music in more people's hands. da dan: i had a biopsy and i had high-risk prostate cancer. i wa

aol will pay $315 million and once the deal is done, that will put ariana huffington in large of aol's growing array of content, which includes tech crunch and end gadget aol lost 28 million last year. >>> today the vatican is investigating a serious security breach tied to a little bit -- to a little boy. the child managed to slip past security guards and ran forward and fell to his knees in front of the pope. these are some still pictures of the -- of what happened. the pope responded with a smile and even briefly chatted with the boy. the vatican security guards were not smiling. >>> coming up ton the news at -- on the news at 5:00, tomorrow san quentin's prison execution chamber will open for inspection. the judge that holds lethal injections there will tour the facility. tonight, death penalty holding a vigil. see how they plan to protest coast to coast. >>> that's our news for you. the next news is the fuzz at 5:00. thanks for watching. have a great -- have a great day.

. >>> early this morning aol announced it's buying the -- aol will pay founder huffington $315 million and will put her in charge of aol content. aol has been working to regain its standing among media companies. >>> right now firefighters are on the scene of a fire near the same police are four suspicious fires were set last week. what witnesses say they saw moments before that fire erupted. >>> and it's what everyone is talking about this morning. the embarrassing mistake christina aguilera made last week that has her pleading for forgiveness this morning. >>> in san francisco an early morning fire near the scene of last weeks arsons. why police are patrolling the neighborhood before the fire started. >>> the reason there is hope. a google executive that disappeared a week ago could be released in an hour. that's all ahead. >>> good morning, to you. welcome to monday february 7th.

. >> and aol buys the puffing ton post. what the sales means for ariana huffington. >>> good monday morning. 4:45. who hope you didn't stay up too late after the superbowl party. it's clear and beautiful outside. we'll talk to mike about changes that will be coming up weather-wise in just a few minutes. >> right now in this story, tomorrow a san jose federal judge are returns to san quentin prison. five years ago district court judge toured the old green gas chamber that had been converted to lethal injection. he eventually halted california executions over concerns that it was outdated. since then they have built a new execution room and developed new protocols but the judge must be convinced that enough has been done to carry out humane executions. >> aol has announced they are buying the huffington post for $315 million. the deal will put ariana huffington in charge of an all aol content. it grew into very heavily news sites in the country. they claim to have 25 million visitors a day. after the deal, she will be named e

trading should resume as normal this morning. >>> a high profile merger online, aol has agreed to buy the news website huffing on the post for $315 million the merger will create a media group combined base of 117 million visitors a month here in the u.s. and more than double that internationally, air anna huffington said she will stay on as editor and chief of all huffington and aol content. >>> the auto maker is stepping up production ford says it is aiming to make 13% more cars and trucking during the first quarter of the year and further increases are likely sales were up 9% last month. >>> that is your money watch for more stay with cbs money watch.com in new york, ashley morrison. >>> if buy a verizon iphone is on your to do list, put that off a couple days. they have stopped taking preorders until wednesday because they sold so many of them last thursday, a whole days worth in just two hours, that was just for current customers, every body else has to wait until thursday to get a verizon iphone but supplies are likely to be tight. >>> a big day in sex crimes case for the founde

the new deal will include aol.ack with more headlines in just one moment. alive look from our san mateo bridge camera. if you miss the forecasted around a detailed look coming up in a minute. salsa? ♪ [ female announcer ] the cleaner the counter, the smoother the counter. with bounty you can be confident you'll get your counter clean. in this lab test, one sheet of bounty leaves this surface 3x cleaner than the bargain brand. ♪ big mess? bring it. super absorbent, super durable, super clean. bounty. the clean picker upper. and for huge value, try bounty huge roll. >> a check on the forecast now. >> james lick freeway lots of sunshine out there. cooler today than yesterday. hurley 58 degrees, warming a jury or so by noontime. call it down by 57 by 8:00 p.m., not seen 40's but mainly '50s. 583 napa, 52 in san rafael, '60s through redwood city, 62 in los gatos. the temperature change for the past 24 hours gives you an idea of how much cooler in this spirit 15 degrees cooler in fairfield, six degrees cooler in san jose

arianna huffington will become the new editor in chief, overseeing all of aol's online content. one tech analyst says the decision could put aol back on the map. >>> he's certainly doing us proud. jeff ranieri coming up with a glorious weekend. absolutely. >> yeah, it was hard to remember what month, what day it was out there on saturday and sunday as temperatures were some 10 to even close to 30 degrees above our averages with that record setting heat. we had 83 in santa rosa, oakland, 67 today, and san jose to 69. the trend is going to be cooler here and we're going to be talking about rainfall here in our seven-day, but overall, 24 record high temperatures broken here across the bay area. just astonishing when you think about it. right now, we're running about 5 to 10 degrees cooler, so we're getting a little bit of this wind currently shaking around to help to drag in some cooler air. currently, 60 degrees. other numbers that are down, 63 in san jose, 62 in san mateo and mid to upper 60s into the north bay. it's going to be clear tonight. plenty of 40s. as we head throughout

aol set to buy huffingto post news website. it will be worth $317 million.na huffington will be in charge of editing content. >>> some people in hercules are trying to oust two city council members they believe they have the necessary 2850 signatures to get a recall on the ballot. the petition claims two council members supported a sweet heart development deal made by the former city manager, that deal allegedly depleted the city's redevelopment funds. >> as these things start coming out the fact that the former city manager had contracts, multimillion dollar contracts with his daughters those made citizens mad. >> wasn't too hard to get signatures. >> that's correct. >> recall supporters say they hope to get their own members of council to get the finances back in order. >> walnut creek park and recreation commission decides whether to ban bounce houses from public parks. they have grown in popularity city staff say they damage lawns, take up staff time with permits and can make parks less enjoyable for others they have been banned in parks in danville, ple

the deal puts huffington in charge of all aol's editorial properties on the web.e of the web trail blazers has been struggling of late in the google era. >>> up next here tonight, something we see almost every day, like we've never seen it before. >>> you still see them and hear them, but not like years ago, those tests of the emergency alert system that say had this been an actual emergency, you would have been told where to tune for information. not only is it still around, the fcc now wants to add another one, a new one, a system to broadcast messages from the president, who would be able to get a message to all americans via tv, radio, wireless broadband. the big concern in the government is warning everyone when they first test the system so people don't actually think it's a real emergency. >>> you know the expression the dark side of the moon, well, tonight we have the first images ever of the far side of the sun. in fact these new images from nasa are the first time they have been able to see nearly the entire sun all at once, courtesy of nasa's twin space

. >>> aol is purchasing "the huffington post" for $315 million. the purchase will bring an additional 25 million daily visitors to the aol empire. once the deal is approved it will put arianna huffington is in charge of all aol content. tim armstrong says 2011 will be the comeback year for the company as it continues to boost sluggish advertising sales. >>> well, you can start buying verizon's highly-anticipated iphone at stores this week. the company started taking preorders last week. customers can have one in their hands as early as thursday. how does verizon stack up to at&t? they are quite similar costwise, both charge $200 and $300 for the phone. the voice and text plans are the same price. they offer data plans. at&t charges as little as $15 and as much as $45. verizon is a flat $25 unlimited data plan. at&t has multi-tasking and is working to speed things up. the price tag is $200 for the 16 gig version, $300 in the 32 gig version. >>> chris crackum is here with more. >> the phones are dumbed down but not made for dumb people. >> reporter:

. >>> aol is set to buy the huffington post. that's the web news site. they would spend $315 for it. and the co-founder ariana huffington will be in charge of all aol content. the web site attracts about 25 million visitors each day. the deal is the latest in a series of moves by aol to help reinvigorate the online presence. >>> preorders for the verizon iphone 4 are on hold until wednesday. that's because the wireless company sold so many last thursday, a whole day's worth in just two hours, and that was just for current verizon customers. everybody else is going to have to wait until thursday to get an iphone but supplies are likely to be very tight. >>> well, we've been enjoying gorgeous weather here. it is a different story on the east coast. all of the snow is causing new problems. you could call it snow slide. ice and snow that slid off a roof crushed two cars in boston. the impact blew out those windshields. neighbors have now put up caution tape along the sidewalk, and the temperatures rise, and the snow melts, and that happens to windshields and

aol is buying the huffington post. the $315 million deal will put the new site's founder, arianna huffington, in charge of aol content. the huffington post gets 25 million visitors a month. the move could boost the aol struggling sales. >>> it's time for a check of market activity starting overseas. tokyo's nikkei average gained 48 points. hong kong's hang seng is down sharply in late trading. in london, the wall street opened higher. the dow started at 12,092. after gaining 268 points last week. the nasdaq index gained 82 points to close at 2769. >>> the nasdaq is reassuring its customers this morning that hackers did not reach any of their data. the nasdaq announced over the weekend that hackers breached a confidential communication service. the identity of the hackers and the motive is not yet known. >>> ford says it will increase factory production here in the u.s. by 13%. it's responded to pretty strong sales. retail sales to individual buyers rose 27% last month. other automakers also reported strong january sale

aol has agreed to buy the news website huffington post for $315 million. the merger will create a media group with combined base of 117 million visitors a month here in the u.s. and more than double that internationally. founder arianna huffington says she will stay on as editor in chief of all huffington and aol content. >>> more good news from ford. due to increased demand, the automaker is stepping up production. ford says it's aiming to make 13% more cars and trucks during the first quarter of the year, and that further increases are likely. sales were up 9% last month. >>> at the movies, "the roommate" crashed the box office. the psychological thriller starring minka kelly and leighton meester scored the top spot. the 3-d underwater adventure "sanctum" came in, edging "the king's speech" for third place. >>> and this year's top super bowl ads were for the dogs. according to "usa today's" 23rd annual consumer survey the top commercials for the big games were from doritos and bud light. both featuring canines at play. the doritos one was actually create

aol's chief tim armstrong says 2011 is the comeback year for aol as it boosts sluggish advertising sales of america will pay $410 million to settle lawsuits after it was accused of charging its customers with excessive overdraft fees. the nation's largest bank is one of more than two dozen lenders named in class-action lawsuit lit gragss litigations. they say b of a filed them from largest to smallest instead of chronological order. this caused overdraft fees to jump. >>> the federal health care law could be taking a bite out of workers paychecks. the california law says employers paid to provide health care coverage to their workers non-dependent children. the current health care law allows parents to enroll children up to age 26 into their health plan. some sacramento lawmakers are looking to invent a way to be exempt from the tax. this could bring in $92 million if the measure passes. >>> children dealing with adhd could reduce their symptoms by eating right. when young kids avoid processed foods their adhd symptoms diminish. the study found 100 children with adhd between the ages of

aol is buying the huffington post for $315 million. huff po co-founder arianna huffington will control aol's editorial content. aol just recently unwound itself from its ill-fated purchase of time warner more than ten years ago. >>> there are several developing stories that we're watching this weekend. the changing situation in egypt, of course and the u.s. government's plan to reduce its own role in the housing market. joining me with more is david wessel, economic editor of and david kelly. gentlemen, nice to have you on the program. welcome. >> glad to be here. >> thank you. >> let's start with the still developing story in egypt. david kelly, the market seemed to be shrugging off what is happening in egypt, and the global uncertainty. what do you think the impact of the egyptian developments have on investing? >> i think what has happened is egypt has occurred at a time when the fundamentals for the u.s. stock market were really improving very dramatically. all signs are the economy strengthening here. we're also seeing lot of indi

and joining me now from new york are aol c.e.o. tim armstrong and arianna huffington, founder and editor-in-chief of the "huffington post." tim armstrong, you've had declines in revenues recently, declines in ad sales. ken all it of the new yorker who helps out on the media issues called this purchase a hail mary pass to demonstrate that a.o.l. could mount a comeback from the near dead. is that what this is? >> no. i've known ken for years. i think we probably have a big difference of opinion. i think today is a great day for the future of a.o.l. and a great day for huffington post. we're able to serve 120 million users roughly in the united states, 270 million globally with great content from the huffington post as well as our properties. and we are big believers in the next days the internet is about content. so i think today is a monumental day for us on strategy, on point with what we said we were going to do a year-and-a-half ago which was to turn a.o.l. into the next american content company and global media company. i think

aol, huffington post, a new look.k at the site, aol is buying the huffington voice for three and $15 million besides cold fire, editor and a chief will be president and editor in chief, the new deal will include aol content on the site. pending approval it will close in a few months. >> darya: wild fires that of torn across austria destroying about 41 homes damage another 19, we have video showing the latest destruction. flames ripping through the outskirts of the city of perth. one firefighter was injured. the other not seriously still to injury. firefighters are hoping to have this contained. two fires burning since late saturday north, south east of perth. authorities waited at the headquarters in bangladesh on monday as they tried to end a strike happening there. you can see this scene, and other parts of they had to fire tear gas the rut of arresting protesters. they accuse the government of failing to properly regulate the country's capital markets which recently plummeted. the prime minister denies the allegati

. >> aol has agreed to by the political website the huffington post. under the terms of the agreement the cofounder of the huffington post would become president and editor-in-chief of the new division at aol. they hope to reach 170 million online readers as a result of the purchase. the deal is expected to be finalized in april. >>> merger activity helps provide a spark for wall street. the two biggest deals involved medical diagnostics and oil drilling companies. the dow closed higher by 69 points. you might say getting people back to work is job one for lawmakers in washington and today they invited alameda county employees. >> reporter: ballentine stapes job trainers would like nothing more than to play matchmaker between the jobless and -- this valentine's day, job haters would like nothing more than to play matchmaker between the jobless and these companies. she was invited to come to dc and share her secrets. >> we are trying to transition people into new jobs and is happening, maybe at a slower pace than we want but it is happening. >> i get to

it will put ariana huffington in charge of all aol content.fing post begin in 2005 with a one million investment and grew in one of the most heavily news sites in the country. they claim to have 25 million visitors a day. after the deal closes he will be named as president and editor in chief overseeing all aol websites. >>> strong sign for the economy ford motor is ramping up production. they are increase production by 13% in the first quarter. sales to individual buyers rose 27% thanks to higher demand for vehicles like the ford explorer. sales to big fleet buyers rose 9%. ford executives say they are optimistic they will increase production further throughout the year. >> it's 5:45 with valentine's day approaching don't forget if your date has to go dutch. >> and he is going to disney world, aaron rodgers leads green bay to a superbowl win but some of his fans didn't see it. ♪ ♪ hey! wait up! ♪ ♪ [ female announcer ] you see a mud stain. but new wisk sees a particulate stain. with our breakthrough stain spectrum technology, wisk is engineer

. >>> aol is purchasing "the huffington post" for $315.uyout will bring an additional $25 million daily visitors to the aol properties. if the deal is approved it will put arianna huffington in charge of all aol content. now aol's chief tim armstrong says 2011 is a comeback year for the internet company as it continues to reinvent itself to boost sluggish advertising sales. >>> wikileaks founder julian assange was in court this morning to fight his extradition to sweden. swedish prosecutors want to question him about allegations of sexual misconduct by two women he met in stoke oklahoma last year. the defense lawyers this morning argued swedish secrecy and assange's profile could lead to an unfair trial. they say she shouldn't be extradited because he hasn't been charged with a crime. if he is extradited it could make it easier forrist officials to demand his arrest for releasing thousands of classified diplomatic documents. >>> two men are facing murder charges for a shooting at an ohio that fernty house. one person is dead, 11 wounded fr

that deal will put co-founder ariana huffington in charge of all aol content. the post began in 2005 with a $1 million investment and it grew into one of the most heavily visited news sites in the country. the post claims to have 25 million visitors a day. ariana huffington will be named president and editor in chief overseeing all sites including map west and patch just to name a few. an official announcement is expected tomorrow morning. >>> and in a strong sign for the economy, the ford motor company is ramping up production. high demand has the company increasing its factory production by 13% in the first quarter. sales to individual buyers reece -- rose 27% for vehicles like the ford explorer. sales to big fleet buyers like the rental car companies rose 9%. company executives are optimistic that they will increase production even further throughout the year. >>> well, today would have been ronald regan's 1 -- 100th birthday. nancy regan placed a wreath on his grave. she greeted hundreds on the lawn of the presidential library in simi valley. >> i know ronn

aol is buying them out for $315 million.fter the deal closes, aol plans to add founder huffington to the management team. she will receive content of all of aol. >>> the girl scouts are testing cut backs in their cookie menus. they will not have some cookies this year. those flavors are not as popular. girl scouts cookies they do pretty well. they sell 200 million boxes last year. >> i help them out too. >>> this morning will feel like christmas for students at an oakland charter school that will get high-tech gifts for free. they will give them 220 wireless routers for the students and parents to use at home. oakland's mayor jean michigan will be taking place in that ceremony. >>> the reason one bay area city is considering a ban on jumping in certain places. >>> is it hot in here? >> yeah, it is. the commercial is getting rave reviews this morning. >>> and there is nothing disturbing about this commute northbound 101 coming up to the 80 split. it looks pretty good to me. i'll tell you more coming up. >>> good morning, traf

david kiley reports for aol autos and advertising able. age.akers spend a fortune on tigs, one o advertising, it y runs in billions of dollars. so, which auto makers are getting the biggest bang for their buck? stay where you are, we'll be getting in all that, in a moment. from our studios in the motor city this is autoline. >>> what does this city know about luxury, what down a town that has been to hell and back know about the finer things in life? >> this is the motor city. this is what we do. ♪ >>> in case you hadn't seen it that is a snippet of an ad chrysler ran during the super bowl, an ad we'll discuss because it caused controversy, joining me are david kiley from aol autos and advertising age. gary topolewski, creative director who worked in the advertising agency, and jean halliday from autoadopolis. jeerch, i'll start witjean, tha, what do you make of that? >> it was one of the few advertisers that didn't release it pre-game. the two minutes went by fast, gritty, honest, made detroiters happy to be from detroit, will resonate with am

the acquisition the latest in a series and of a strategic move by aol's ceo.sts say tim armstrong is determined to reshape an internet icon who which has lost its luster. >>> gas prices continue to climb across the country. the average price for a gallon of regular unleaded was 1.5 cents in the past two weeks. the average price is $3.12. san francisco drivers still pay the most, 3.35 a gallon but analysts now say earlier forecasts of 3.50 to four bucks per gallon by summer are unrealistic and supplies should keep prices down. we'll be right back. ,,,,,, ♪ stinky ♪ hefty ♪ stinky ♪ hefty ♪ stinky, stinky ♪ hefty, hefty, hefty [ announcer ] hefty bags with unscented odor block technology... help neutralize odors and stop the stinkies. ♪ stinky, stinky, stinky ♪ hefty, hefty, hefty breakfast for lunch. breakfast for dinner. with three new breakfast lovers dishes, who needs a break from breakfast? denny's. america's diner is always open.

and aol is buying news blog service the huffington post for $315 million. tom will have more about all of those. federal regulators want top executives at large financial firms to wait at least three years before collecting their bonuses. the new rule is meant to discourage risky bets on wall street. the f.d.i.c. okayed it today, but it must still be approved by other regulators, including the federal reserve and securities and exchange commission. and in egypt, things are getting back to normal. president mubarak still hangs on to power, but protesters say they will continue to demonstrate until he steps down. in cairo and alexandria, banks reopened today for the second day. egypt's stock market is expected to remain shut through the week and reopen for three hours of trading next sunday. it's been closed since january 27. >> tom: still ahead, last night's super bowl was the most- watched program in u.s. television history. which companies got their money's worth? >> susie: back now to our top story, high food prices and the markets. joining us now for mor

that is pretty remarkable. >> can its aol? >> it has a good enough shot as anything. >> she is a creative -- she has created something. the other person who is running newsweek is tina brown. it is to be the other way. you take and on paper publication and you hitched a website to it. >> you had rupert murdoch announcing a new paper just for the ipad he would not do that if he did not think he could make money. you have to be willing to pay for it. that will be $40 a year. >> every model under the sun is being tested how do you make the news business profitable? >> you have had an incredible job. incredible view of history. an incredible opportunity to help shape it. as you look at our political process now, as you look in armenia and technology now, as you look at the nature of our civil discourse in this country, think about our students, many of whom would like to do what you have done. how do you define this moment in history? how should someone that is 21 years old lookit as look at how we -- look at how we are as a cultu

aol announced today it is taking over the huffington post. one of the top 10 on line news sites.ounder huffington gets 315 million dollars for her trouble. takes over management of all aol content. >>> city of pit burg in the east bay has one of -- has one of 18 redevelopment agencies in california being reviewed now by the state controller office. governor brown has proposed eliminating redevelopment agencies all together because although they can spur mainly improvement they also siphon tax money away from schools and other public service. that attracted this overflow crowd to hearing in sacramento today and tonight laura reports on what is at stake in pittsburgh? >>reporter: build it and they will come or will they? 61,000 people pittsburgh had a one of the largest redevelopment agencies in california with an annual budget of 36 million dollars. >> i think we are about 13 or 14 in the state. on per cap to basis we are in the top 5. >>reporter: pit burg was aggressive putting 80 percent of the land independent the redevelopment zone. now long time resident cocker was early crit

president obama has named aol founder steve case to the white house jobs council.iring the founder of aol is expensive but obama got a cd-rom in the mail that offered 100 free hours, so it was -- [ laughter ] it should work out. [ cheers and applause ] some big entertainment news. larry king is launching a one-man stand up comedy show. [ light laughter ] yeah, it's just 45 minutes of watching larry king try to stand up. it's actually. [ laughter ] i've seen it. it's pretty funny. it's pretty funny. "can we help him?" "no, don't help him. it's part of the act." "this goes on for 40 --" "yeah, sometimes he does an encore. who knows?" "does he ever stand up?" "we don't know. we can't give away the ending." this is crazy, here. a woman in kansas gave birth in a hospital elevator before she could reach the delivery room in time. yeah, unfortunately, the elevator made stops at every floor 'cause someone kept yelling, "push." they're like, "no, no --" [ laughter ] no, just -- i'm just -- you push -- push. stop pushing number, please." that's right. a woman gave birth in a

. >>> the markets finished the day up in merger monday an amount o l's purchase -- aol's purchase, the dow jones industrial average gained 30 points while the nasdaq rose 13. . >>> more americans tuned into the super bowl than ever before. 111million people tuned in and that tops last year's viewers. they were attracted to it because it featured two of the most famous teams in the nfl. and it turned out to be a great game. here are the highlights. >> this is not the time of the year for outdoor sight-seeing. in the nfl smaller cities packers returned with the win over the pittsburgh steelers and tomorrow at the field they will have an official reception. aaron rogers at the helm and they may be the team to beat for years to come. >> we are getting 15 guys and i'm sure those guys will be back every team has a different face to it and every year guys come and go but the core, the nucleus will make runs for the next few years. >>> self pro claimed cheese head, mark wilson one of two players, he can make this if he makes the shot from the bunker. wilson shot a 69 but they headed to a playo

last week aol acquired the huffington post in a bid to attract more traffic and advertisers, as well.ou can expect to pay more for clothing, about 9 or 10% to be exact. analysts say that's because of soaring cotton prices. demand is at an all-time high while bad weather ruined cotton crops. stores expected to raise prices include nine west, levi's and ann klein. >>> it is man versus machine on jeopardy all week long. >> two veteran contestants facing off against ibm's super- computer. watson as it's known is the equivalent of 2800 computers and uses thousands of processors. the team at ibm has programmed it full of huge knowledge. that includes all of wikipedia, the bible and countless works of literature. >> you're talking about millions of dollars of technology, 42 geniuses working for four years to get this working. and still, it's competing against a guy who had a sandwich for lunch. >> i think they have a sense of humor about it. watson ended the show last night with $5,000. he is actually tied with another contestant. the super-computer will be on the show again tonight and tomo

newspaper stocks shot up on news of aol's plan to acquire on-line news site "huffington post." fuel for the buying move. ensco said it would shell out more than $7 billion for oil driller pride international. credit card spending was up for the third time in december. also a sign that main street is gaining confidence in the economy. china's second bank is raising interest rates. chinese officials hope the quarter percent hike will help cool the surgerying inflation. toyota reported a 39% drop in quarterly profit. in washington today, the government will release the findings of its investigation into toyota's recall of more than 11 million vehicles due to sticking accelerator pedals. >>> lowe's shot up 4% thanks mostly to an impressive quarter at its cna financial insurance holding. hasbro, the number two toymaker in the world, managed to move higher despite disappointing earnings that narrowly beat estimates. >>> president obama spoke to members of the chamber of congress yesterday as part of his push to jump start job creation. obama acknowledged high -- tight corporate budge

aol will play $315 million for it once the deal is closed. ariana huffington will be in charge of the tech sites, gadgets as well as mapquest and local news site. analysts say if this deal is as successful as the management is hoping, it could mutt her in a more powerful position than the current officers. >>> right now, julie an assange is in -- julieen assange is in a courtroom fighting sexual assault charges. attorneys for him say he should not be executed -- extradited because he's not been charged with a crime -- with a crime. >>> this could be a very eventful week over the battle over the death penalty in california. protesters plan to march to the gates of san quentin. they will demand jerry brown shut down the death chambers once and for all. jerry brown says he remains against the standards but will uphold the law. >>> judge jeremy fogel will get a look at california's new death chamber. this facility is designed solely for lethal injections. this is the same judge who put executions on hold after ruling the old chamber was outdated.

. >>> there is big buzz this morning about the huffington "post" being bought by aol in a deal worth15 million. french drug maker sanofi aventis is still in talks to take over genzyme in what could be a $19 billion deal. >>> federal officials say it should be business at usual at the nasdaq this morning after one its web based applications was hacked. >>> and ford says it's ramping up production by 13% and that could mean more jobs as it adds a third shift to some factories. >>> prices at the pump are the on the rise. the average price of regular is up $1.49 to $3.12. >>> and, finally, more than 100 million viewers watched the big game last night. or at least they watched the commercials. so how much did 30 seconds of prime super bowl ad time go for? well, this year a cool $3 million. the steelers rally fell short making green bay king of the football world once again. more coming up. your early morning sports headlines are just ahead. >>> in your monday weather, cold air is moving in to the middle of the country just in time for another snowstorm. your forecast is coming up. you're

hot again, national why the stocks have find / found its base with huffington post being bought by aol so yes bad company fun meants, definitely a melting ice cube in your hand, but can you make some money here, if a private equity firms decides they want a vehicle for social media investing. >> tom: do you own everything we mentioned tonight? >> yes, i do. you can follow the blog, nbr on pbs.org. you can email us, streetcritique@nbr.com. or you can send us a note via twitter at my feed, @hudsonnbr, or n.b.r.'s feed. and facebook too. we'll feature some of your questions next wednesday. our guest this evening's "street critique," is hilary kramer with gamechangerstocks.com. >> susie: here's what we're watching for tomorrow: quarterly results from kraft, pepsico and sprint nextel, along with weekly jobless claims and december wholesale trade. also tomorrow, imax. it's home to some of the world's biggest movie screens. we talk with imax c.e.o. richard gelfond about what's on the horizon for the entertainment giant. the "for sale" signs are coming off 11 state government buildings in cali

aol co-founder steve case will lead the way and several tech companies have pledged support. intel promised $200 million. i.b.m. pledged $150 million. h.p. will give $4 million. and facebook will host 12 start- up days for would-be business owners who want to work on web sites and social applications. tom, the white house plans to contribute money to encourage entrepreneurs when uncle sam's budget is rolled out next month. this is a good cause. >> tom: it is a good cause, and we heard from diane how entrepreneurial last century howed success in this century for generations to come. >> susie: we have to get moving on that, that's for sure. that's nightly business report for this monday, january 3 1st. i'm susie gharib. good night, everyone. good night to you, tom. >> tom: have a great night, susy. i'm tom hudson. we hope to see you right back here tomorrow night. this program was made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> more information about investing is av

one announced today is the aol take over of the "huffington post" one of the top 10 online news sitescause though they can spur improvements they siphon tax money away from schools. and the issue attracted this overflow crowd to a hearing in sacramento today. and tonight abc 7's laura anthony reports on what is at stake in pittsburgh. build it and they'll come. or will they? with just 61,000 people pitsberg has one of the largest redevelopment agencies in california. >> i think we're about 13th or 14th engineer the state on a basis in the top five. >> it was aggressive putting 80% of the land inside of the redevelopment zone. now, a supporter and long-time resident was an early critic of redevelopment. >> i saw it devastating the poor neighborhoods. i saw them doing some unfair things to people and reducing the stock of modest housing. >> today the focus is on the historic downtown. for the first time in 30 years there is a bank here with a rent subsidy for the agency. a senior housing project is underway. there is a new school and historic theater is getting a face lift. the popular

it is black history one and aol's black voices is celebrating with stories on america's black inventors. >> these are things that took time and energy for people to develop and some of those persons developed those things and were african-americans. >> reporter: some were just for fun, like the super-soaker that lonny johnson stumbled on to while conducting a more serious experiment. kris clackum, nbc news. >> interesting stuff there. >>> 4:56. coming up, stanford university may expand their borders. we'll tell you why the school could soon go coast to coast. "today in the bay" begins right after the break. and here's a live look outside this morning as we are keeping tabs on your friday and weekend forecast. hopefully not as rough as it was yesterday, but we'll have details in a few more minutes. 3q a wipe is a wipe unless it's also a scrub. lysol complete clean dual action wipes have 2 sides that go beyond ordinary wipes. you can feel the difference. one side for everyday touchups. and one to scrub tough messes. all while killing 99.9% of germs. for tips on a healthy home visit lysol.

stocks were boosted by a slew of mergers including aol's $315 million deal for "huffington post." asian markets followed our lead overnight but europe is flat. no economic data today but several federal reserve officials will talk about the economy. disney reports earnings this afternoon. the dow rising 69 points to 12,116. the nasdaq up 14 to 2783. cash is king in the housing market. the wall street journal says buyers are snapping up homes across the country and all cash deals. prices are at or near bottom, especially in several markets. more than half of all sales in the miami/fort lauderdale area were cash last year. 42% in phoenix. nationwide, 28% of sales last year were paid for in cash. nissan says it will be able to meet the backlog of orders for the new electric vehicle by the end of the summer. nissan took more than 20,000 preorders for the vehicle as of last september. 40% of those people followed through and bought the car, but so far nissan has only delivered 20 to the u.s. back to you, scott. >>> facebook founder mark zuckerberg has one more he wants to defend. 31-ye

aol is buying the half and to post. we are following latest there.s to be a positive day on wall street bring in the numbers through the morning. >> they are trying to figure out what is going on in the castro and differences go where there has been yet another fire. just happens to a 1370 clean and straight. it spread to two buildings fear of the big question everybody wants to know. is this connected to last expires? >> that is a big question. arson investigators are still on the scene. they are mopping up, cleaning up some of the damage that was done on these two units. it's turn on the backside of this home right here. but then i caught on to the neighbor's house. it did a lot of damage on the upper unit. some video of the fire. about 3:00 a.m. officer was patrolling the area, he'd call the fire department and they got on the scene quickly. and in thit quict into a three alarm fire that got everybody out of their units. nobody was hurt in this fire. six people are displaced at this time. i did speak to the fire chief, i did ask if this was going