business desk ratings agency fitch has raised its two thousand and ten growth forecast for the rapidly emerging markets of china brazil and india but revised down a loss for more of that eldest daughter and twenty. you're watching r t coming to you live from the russian capital welcome to the program the new we're tomic arms reduction treaty between moscow and washington is due to be approved by the u.s. senate on wednesday after securing enough votes to close the debate now it will be a major political victory for president obama who's been pushing hard against strong republican opposition parties going to chuck e. on is in washington d.c. keeping across developments for us according to the senate rules by the end of wednesday they just have to vote this is what they agreed on yesterday the path.

let's cross to daniel bushel of the business desk. welcome to business russia and india have signed twenty agreements spread over many areas of the economy including banking and the possible creation of joint oil and gas ventures president medvedev is in india for a two day visit countries have stated their intentions to trade turnover to up to twenty billion dollars within five years. russia's biggest mind and nora's nickel has agreed to sell three and a half billion dollars of its stock to commodities trader traffic no snicko will sell the eight percent stake in the form of american depository receipts held by subsidiaries is the latest move in the tussle between shareholders very pasch i'm glad to be put on in for control of the metals last week norsk offered twelve billion dollars to buy the blocking share held by their pastor. take a look at the stock markets european shares are gaining for a second day in a row engine maker rolls royce group drove up one point seven percent off the citi group upgraded the firm to buy from hold bu

as if you were cross the business desk stay with us. the disease. the. c.d.c. feels. guilty of such. it's. such a. political . business russia's biggest banks burbank has posted a record profits of one hundred sixty billion rubles that's around five point one billion dollars in twenty ten that's according to the bank's head herman graff earlier analysts had predicted the bank's profit would exceed one hundred fifty billion rubles or four point eight billion dollars we're going plans to increase this brickell profit to six point four billion in twenty eleven where the graph said the bank will not raise dividends despite the profits. let's check on the stock market's ajor is rising driving a benchmark index close to two and a half year highs as commodity prices gain on record crop for a couple prices all traded near ninety dollars a barrel and the euro is climbing after again in japanese exports boosted investor confidence in the global economic recovery nikkei has swung into the red however from the last hour down two point three seven percent. russian markets finished

the business desk the cost of basic foods in russia skyrocketed in two thousand and ten is to be a drought in the summer and poor harvest push prices well above if a slim placing figure that and more happens to split. news around the clock from around the world i'm at treasury you're watching r t it's five pm in the russian capital moscow is praising the u.s. approval of the atomic arms cuts treaty saying it's a big step not just for both countries security but as a key move towards a nuclear free world russia's lawmakers say they're poised to say yes as soon as they study washington's ratification in detail let's get the latest from.

but over to the business desk now with shit. welcome to our business program. russia's hydropower holding ross hydro has expanded its ambitions along with its investment plans it will spend at least three billion dollars on new plants while modernizing old ones boosting output by about a thousand megawatts profits are up ten percent so far this year at over seven hundred million dollars in the first half of two thousand and ten. the investment program for the next three years was confirmed this next year we plan to invest two or three billion dollars around twenty percent will finance the technical upgrade of the existing plants the rest will fund construction of new hydro power facilities oki priority is to increase the value of the company in this regard the asian market offers outstanding opportunities the region has vast hydro power resources it also enjoys growing economies and business. as a company representing a whole segment in the energy industry we're interested in a wide range of cooperation from engineering to exploitation this means that we repres

yes moscow out is here in term and it's time time now to cross over to the business desk with charlotte. hello welcome to the business program here are with me show them this folly hedge fund so the largest net inflows since two thousand and seven with industry caps increasing by one hundred twenty billion dollars in the third quarter performance a new money the founder of a mosque a base hedge fund richard deitsch says managers investing in emerging economies will see massive inflows as the industry comes back on track after three difficult years. emerging market countries which are very strong emerging market countries have record levels of reserves. i think something like sixty percent or sixty five percent of all global reserves are now held by currency reserves are held by emerging market countries and when you look at the other side of the equation in developed markets are they from something called that. they look like what we used to think emerging markets look like they have extremely high levels of debt they have a particularly in europe in the periphery of europe they have si

the full program in ten minutes time arundhati well there you go ahead now the latest from the business desk russia's first passenger plane since soviet times and suffered a fresh turbulence that big customers are canceling all others off the superjet one hundred delayed first deliveries to next year we'll have more later but first this hour russia's government says the pause in economic growth is over after new figures show a fall in unemployment numbers jobless rate cut from six point eight to six point seven percent tips economist on rick clip actually now says quote positive dynamics in the fourth quarter of the july's drop caused a drop in the quarter three average salaries also grew last month over three percent. alitalia has dropped russian plane make a suit for a possible five hundred million dollar regional jets order italy's flagship korea cites delivery delays saying it can't afford to wait for the super jet one hundred planes despite naming them as first choice instead a little opting to miss twenty plane from brazil's embraer. vimpel com shareholders may block a merger with midd

they have it in a few moments i will cross to korea on the business desk stay with us. mine. would be soo much brighter if you newly found some new from funds to print. on t.v. don't come. at a welcome to business the world's biggest retailer wal-mart is leaving russia wal-mart had long tried to buy a market place here but didn't succeed the company has closed its moscow office saying that it is still interested in the russian market. and russian mobile over the m.t.s. has been voted the country's most valuable brand again but it's the first time it's managed to take the top spot for five years the value of m. to as brand new twelve percent to seven and a half billion dollars however emptiness is just forty ninth in the global ranking the most valuable brand is the world in the world this coca-cola fizzy drinks firm is worth ten times as much as that ts. question markets finished in the black on monday on the back of stronger oil prices and energy was stranded outside to gas pump and lose hydro were all driving games spread banquo's the top blue chip up over two percent on bot

well you're up to date now from the news desk let's check in at the business desk daniel burke joins us now very corporate colors i might add and he has news that wall street fat for a rise. in new york. we. knew optimism over a global economic upturn of boosting the market. goldman sachs predicts the oil price will rise mid term averaging one hundred dollars a barrel next year and rising further in twenty twelve. pair of presidents of russian energy giant lukoil says that's too optimistic. i think that the current price is already fair and comfortable for both producers and consumers our analysts agree with opec experts that the oil price next year will be at around the same level as this year that is eighty or ninety dollars are companies looking forward to this price. for the equities they're up here in russia on the back of that strong got oil price the r.t.s. is gaining a percent and a half and the mind six is trading around point eight of a percent higher this hour energy is the standout sector rose next gazprom and rose hydro are all driving gains but sperm bank is the top blu

hear about russia and france getting even closer than they are but first let's check in at the business desk. now and investors seem nervous ahead of the opening bell on wall street why is that the supreme market trading is choppy head of u.s. retail sales figures out today that should give us a sign of the economic recovery we'll have more on that in a minute but first precious metals again in for a second day as investors look for protection from the tumbling all of the federal reserve is due to meet later on tuesday to discuss interest rates and a second round of quantitative easing q e two as it's become known is intended to boost economic growth when creasing the amount of money available to banks but investors fear the injection of billions of extra dollars into the markets will bring inflation. gold is trading near fourteen hundred dollars an ounce the prices jump by nearly twenty ten he's heading for its tenth straight year of growth. stock markets now europe is mixed as investors cash in yesterday's mining gains because like many other top losers in love those metals companies are d

hello and a very warm welcome to the business desk russia's alumium giant true sol has rejected the sale of its stake in rolls to nickel back to the company and wants to make an offer to buy only solace twenty five percent stay for twelve billion dollars for salt says it will keep the stake because it is a strategic asset how weathered media reports say were solvers not satisfied with the price was fate to end the long lasting battle for control of the miners between its two main shareholders who sell and interrupts holding the last nickel has finally satisfied with saul's demand for extraordinary general meeting to take place on march the eleventh. that's a lot of bull as there were nickels offer of thirteen billion dollars fully complies with the market price of the share and i want to stress once again that the company is ready for negotiation and we are ready to continue the talks in the price. the world's leading drinks make up perhaps a coke gets the green light from russian authorities in a spit for the country's juice sent dairy giant wimbledon pepsi co's largest international de

check in with green at the business desk hello it looks like oil is up again that's good news what's lifting the price well that's right and he said well price rose to ninety one point two dollars a barrel today and basically after opec decided to leave production quotas on change we'll have more on that in a moment but first to our top story. high tech a high tech country needs to make high tech products now the government is putting its political and financial capital behind modernizing the economy but it also needs to find innovative goods the rest of the world might want to buy now as part of that search officials have held a competition for young scientists and entrepreneurs how correspond with another. school innovation complex with the details. there's definitely a lot of boiling have had inside of school a valley at the moment and that is the young scientists presenting their innovative projects and top ranking businessmen economists and politicians trying to understand what they are all about and choose the best ones now the names of the winners will be announced who are the

a canadian business held a desk decorating contest to get people in the spirit and the winner went downthis. he says he created this in a matter of hours. >> wow. >> spare time to work on that. >> i guess. >> on the company. >> on the company. >> i am sure. >> i am working here,. >> all right. come tomorrow, guys it will be in the 20s and look at that. chilly not above freezing and toward the week en, a little milder. but thursday night could be a -- >> that's it for us. >> have a great rest of your night. we will see you tomorrow. check out you. one rior operations due to the thank you for calling usa prime credit. my name is peggy. you have problem? peggy? ok, i've been waiting for fifteen minutes for someone to pick up. you're tenacious like bull. i like. please hold. no, no, no...pe- (phones ringing) so pretty.

mark then live from paris thank you very much for your input we're up to date now from the news desk business is next here on r t with you again stay with us. hungry for the full story we've got it for. the biggest issues get a human voice face to face with the news makers. would be soon which brightened if you knew in advance from funds to pressure. on t.v. don't. hello it's time to have a look at what's going on in the world of business the world's major soft drink we're just some sicko is buying six to six percent of russia's juice and dairy giant then build down. well the price of three point eight billion dollars. to jump from one to twenty percent on the biceps but it still needs approval from russia sentiment up with regulators the company controls are wrong to sell out of russia strengths and dairy market and has thirty eight production plants across the sea i asked this year of increase to that offered by own fifteen percent to over one hundred ten minute dollars. a look at the markets now and here in russia the indices a climbing up more than one percent of all the main players the

business. at&t. >>> the toyota sports desk, brought to you by your local toyota dealers, moving you forward. >>> the reserves -- wizards travel to new jersey to try to snap their losing record, but john walsh did not play again. the wizards fell behind -- john wall did not play again. it was a five. game. all of a sudden in the fourth court -- it was a five point game. the game was tied at 75 but that was as close as they got. devon harris and the dunk. the nets beat the wizards. let's go to college basketball. american at northwestern. how about this shot? he was 9 for 14. he had three threes, and northwestern beats american. john with our play of the night. the big story with the redskins has been the quarterback situation and who will start against dallas. shanahan does not expect any changes. >> if i knew something i would talk to them about it. you just hear it with the media and stuff like that. there is no difference this week than last week. there is nothing really to talk about. >> donovan is mcnabb. brian orakpo wants to focus on dallas. we all remember what happened here. these two clubs

business. and the future begins now. >>> the toyota sports desk brought to you by your local toyota dealers, moving> back and down the hatches and prepare yourselves for a lot of grumbling about the capitals. they had now lost seven straight games. they fell in overtime to the ducks to-one. the capitals are just jamming the front. the goal, it was 1-0 washington. but the ducks slow them down in the second period. they will get the deflections and through the five hole. this game was tied. into overtime. the caps got caught again. john carlson on the board takes it in. the caps are in the longest skid since bruce boudreau took over three years ago. >> i thought we played very good. sometimes you play very good and lewis. >> it is tough to lose a game, but we if -- but we fought hard until the end. there was no quitting. >> i spent a good portion of the day with donovan mcnabb yesterday. that is why i don't understand the drama. donovan mcnabb starts -- expects to start sunday in dallas. mike shanahan wanted to play cat and mouse with the media. >> i don't go through the starting lineups. we talk abo

and that brings up today from the news desk this hour next it's business with no doubt hungry for the full story we've gone to. the biggest issues get a human voice face to face with the news makers. hello time to get the latest from the world of business russia's hydro power holding routes hydro has expanded its ambitions along with its investment plans which will spend at least three billion dollars the new plants while wooden izing old ones boosting output by a biologist thousand megawatts profits are up ten percent so far this year at over seven hundred million dollars in the fast half of twenty ten. yes but on a lot of them the investment program for the next three years was confirmed this summer next year we plan to invest over three billion dollars around twenty percent will finance the technical upgrade of the existing plants the rest will fund construction of new hydro power facilities our key priority is to increase the value of the company in this regard the asian market offers outstanding opportunities the region has vast hydro power resources it also enjoys growing econom

desk. >> i am peter dolle with the business news. >> coming up, in his absence, jailed chinese dissidentiu xiaobo was awarded the nobel peace prize in oslo. talks to find a climate deal in mexico are on a knife into on the summit's final day. >> and a joint currency, a common message. germany and france say they are in step on a plan to rescue the euro. ♪ >> the 2010 nobel peace prize has been awarded at a ceremony in oslo, but the liu xiaobo winnerliu, was notably absent. he was represented at the ceremony by an empty chair. the chinese dissident remains in prison i cna. since liu xobo and his family were not allowed to travel to oslo, the norwegian nobel committee said it would keep his award and the prize money in his name. >> norway's king harald and queen song yet arrived at oslo city hall along with the nobel peace prize committee. but with the guest of honor, dissident liu xiaobo, locked up in a chinese prison, this year's nobel peace prize ceremonies centered around an empty chair. >> liuiaob has only exercised his civil rights. he is not done anything wrong. he must be released.

well you're up to date now from the news desk up next all the latest business with colleen. and i will go straight to our top story all prices are rallying strongly following saturday's decision by the oil production producing nations of opec to leave current quotas unchanged brant crude is currently trading at one half percent higher on the session at ninety one dollars and eighty cents the market is also being supported by the cold start to the winter in the northern hemisphere and i renewed optimism over the global economic recovery some market watchers believe the strengthening trend will continue through next year goldman sachs predicts the oil price will average one hundred dollars a barrel next year and will strengthen further in two thousand and twelve but why do you think carefully president of lukoil believes that could be a little too optimistic. i think that the current price is already fair and comfortable for both producers and consumers our analysts agree with experts that the only person next year will be at around the same level. eighty or ninety dollars com

now, to the business at hand, several things that are included in my report on your desk but i would like to highlight -- first of all, by the sheer weight of volume the biggest news is the assignment of $624 million in federal funding to the california high-speed rail program as it benefits from the reduction from other states that have decided to cancel their initiatives. something you would have to think the obama administration for. i am certain that we will not disappoint them. as of now the money is being directed to supplement the initial segment that the high- speed rail authority decided at its december 2 meeting as the construction of the central segment. that section would start north of fresno and include the construction of two new stations, continuing north of bakersfield. it will use about $4 billion to build not just the stations, but to acquire right of way viaducts and repairs, building rail bridges and realigned roadways by and we let the existing -- we existing railway utilities. we are talking about a project that is starting paradoxically as something that we wi

well you're up to date now from the news desk where to take a short break business is next. this is more a region is economically and socially one of russia's better developed provinces the region has a significant scientific and industrial capacity that will realize its full potential after the construction of the. park can tell you as he has completed the i.g. parco has r. and d. projects in the spheres of automotive construction aerospace and oil chemistry high tech data center furbished with cutting edge servers and communication equipment will be constructed at the core of the park the project has been personally approved by prime minister vladimir putin the federal government is planning to allocate sizable funding for the parks construction investors will be given benefits such as property tax exemption low land rental prices and other preferences of the samoa region government is open to mutually beneficial cooperation we invite investors to participate in existing projects and we are ready to give a hand of fulfilling your projects and growing your business in this

desk. >>> thank you. oakland police are hoping surveillance video will help catch a gunman that robbed a busy walgreens store. kraig debro is live in oakland he has all the details. good morning. >> reporter: yeah good morning. it happened around 8:00. the store closes at 10:00. police are hoping witnesses and one of several surveillance cameras like that one right there will help them. the store is located just a few hundred yards from lake merit. holding a gun demanded money. a witness told ktvu he walked into the store as the crime was taking place and saw what was going on and left immediately. the gunman ran out of the store but did not know not if the thief got any money. it's not clear if they are able to id the suspect especially since the person was wearing a mask. i will call opd to see if i find out if the person did get away with any money. reporting live in oakland kraig debro ktvu channel 2 news. >>> time now 5:01. san francisco police are investigating the shooting of a teenage boy in the fillmore district. they found a teenage boy who had been shot in the stomach. reportedly the boy had been

conspired to cause that accident well you're up to date now from the news desk and you will be here sort lee with the latest business after this short break. hungry for the full story we've got. the biggest issues get a human voice face to face with the news makers. in which bright. sun from the student. council team don't come. to business platinum has been one of the stars of twenty ten delivering a fifteen percent return for investors desirable as jewelry useful in industry and seen as a hedge against currency fluctuations many factors have driven the price forward joining me now to discuss the outlook for the precious metal is mendoza ludwell senior trader at capital in london platinums performed very well in twenty ten what's your view for twenty eleven. platinum going it's twenty eleven there hasn't been a star performer gold which had a fantastic run and silver as well but going into twenty eleven i see a push to the upside others see getting up to the all time highs twenty four hundred dollars but around about two thousand dollars in some point next year now where is the demand going to come from well certai

business in an extremely positive way. - do you get a daily intelligence brief, like the whitehouse, on your desk in the morning? reats occur, and they can affect your business. if you don't do your job well, there's a kidnapping. so how does it work? do they send you a... your people, do they send you a little sheet every morning with... - yeah, i get what i call the intelligence report. it's quite interesting to see what's going on, and you need that. and we do very precise intelligence reports for our clients in a number of places in the world. do i read them all? of course not, because, you know, maybe i won't sleep at night, so at a certain time you need to keep it on the side and make sure you focus on the right things. - and in the middle east, since you travel there a lot and you see a lot of the... well, obviously the people who hire you as a supplier, but others as well... one thing that fascinates me is there's a middle class there, highly- educated, generally pro-western, and certainly very western in its habits. and then there's, of course, what we call the "arab street", which is an awful cliché, bu

folks that sit in desk, come on in and help businesses all around the country.hese jobs, the energy sector. they'll get more jobs. oil, electric and gas and you can see this one. the survey told me earlier that they see retail and whole sale jobs going up when we go into those jobs and go shopping, all those folks mean that they will have more to ring up on those cash registers. also good news. they say it is easier to borrow money for those businesses, which many businesses were having trouble with earlier saying if they couldn't borrow money, they couldn't make any money. interesting thing here, though, to watch how much these businesses have in their pockets. how much they have in the bank. $2 trillion here, chris. that is the most amount of money since 1959. this survey is different, as well, because it's the view of those in charge of long-term investments. they kind of look in that hour glass and look forward into the business cycles. they look at what they're going to be doing, business and governments and they say their estimates here, chris, are a quart

desk. >> i am peter dolle with the business news. >> coming up, in his absence, jailed chinese dissidentiu xiaobo was awarded the nobel peace prize in oslo. talks to find a climate deal in mexico are on a knife into on the summit's final day. >> and a joint currency, a common message. germany and france say they are in step on a plan to rescue the euro. ♪ >> the 2010 nobel peace prize has been awarded at a ceremony in oslo, but the liu xiaobo winnerliu, was notably absent. he was represented at the ceremony by an empty chair. the chinese dissident remains in prison in china. since liu xiaobo and his family were not allowed to travel to oslo, the norwegian nobel committee said it would keep his award and the prize money in his name. >> norway's king harald and queen song yet arrived at oslo city hall along with the nobel peace prize committee. but with the guest of honor, dissident liu xiaobo, locked up in a chinese prison, this year's nobel peace prize ceremonies centered around an empty chair. >> liu xiaobo has only exercised his civil rights. he is not done anything wrong. he must be r

business news. >> reporter: good morning. we begin with congress sending a tax cut bill to president obama's desk. the house finally voted late last night to extend the bush era tax cuts for two years preventing tacks from rising for nearly everyone on january 1st. the bill also extends long-term unemployment benefits. the federal reserve is proposing a cap on a transaction fees merchants pay to swipe debits cards. stores say it could result in discounts but could result in banks cutting back on rewards programs. holiday shopping is about to kick back into high gear. many online retailers are participating in free shipping day today. and tomorrow, it will be one the busiest shopping days of the year. and if you are eating lunch at the office today, step away from your desk. researchers found eating at your desks make your more likely to snack later in the day. that's your money scope report. >>> in this morning he's health alert, how about when you show up for work on monday, you have your computer and your phone and your treadmill your treadmill? you work hard but what about working hard while at

joshua pool sitting at his desk minding his own business.s computer. he decides to ring the front office for help but declined to step in and stop the fight which lasts 15 minutes as these 13-year-olds pummeled each other. his parents say this is not the first time he has come under attack, and from this kid. now they are getting ready to sue. >> they wanted somebody to jump on. they came over and started hitting me. so then i just was trying to defend myself. but he was dish was sitting in a chair so i -- but i was sitting in a chair so i couldn't. megyn: lis, let me start with you. if you are not going to have a teacher step in and protect these kids, who will? >> the teacher was standing by, switched the button to bring somebody in. but after a long time the teacher was on the computer playing computer games and not even paying attention to this fight. you saw it. things are falling down all over the place, one kid, thank goodness took the video so this got onto youtube which is how the parents were able to convince the principal that the

consideration of s. 2919, the business lending enhancement act, and the senate proceed to its immediate consideration, that a udall of colorado substitute amendment which is at the desk be agreed to, the bill as amended be read a third time and passed, and the motions to reconsider be laid upon the table with no intervening action or debate. the presiding officer: is there an objection? mr. sessions: i object. the presiding officer: the senator from alabama objects. mr. shelby: i object. the presiding officer: the senator from alabama objects. the senator from colorado. mr. udall: i would like to talk briefly about the legislation that i asked for unanimous consent. this is a bipartisan bill. i filed it, and it's -- mr. shelby: i object. the presiding officer: objection has already been heard. mr. inhofe: there are two motions, but go ahead. i am objecting to a discussion of the amendment at this time until i find out how long he is going to be. mr. kerry: mr. president, i would ask unanimous consent that the senator from colorado have three minutes to make his comments. mr. inhofe: fine. the presiding officer: without objection. mr. udall: i thank the senators for h

desk. >>> good morning. highway 4 traffic is getting busy in antioch. here in bay point looks good. tell you more about the morning commute straight ahead. hey, ellen, what are you doing? just brewing up some dunkin' donuts coffee -- want some? [ whoosh! ] i'd love some. one taste, and you'll understand. delicious dunkin' donuts coffee. pick some up where you buy groceries. america runs on dunkin'. >>> good morning. traffic is moving along okay if driving on bay area bridges. westbound bay bridge though a little crowded. san mateo, golden gate, richmond bridge traffic looking good. we don't have any major accidents on major bay area freeways just yet. >>> all right. thank you, sal. now that the u.s. senate has approved a new food safety bill, it goes to the house of representatives ich is expected to pass it and then send it for the president's approval before the end of this week. if it becomes law, this would be the biggest upgrade in food safety in more than 20 years. most food producers would have to document and trace their products from the field all the way to the consumer. s

where up to date now from the news desk genuine daniel joins us now give us a little you know what's coming up in business and i understand foreign firms have been invited to look for oil in russia what about a top official says that in talks over new deposits well of the details of this break. hungry for the full story we've got it for. the biggest issues get a human voice face to face with the news makers. would be so much brighter if you knew the song from feinstein question. starts on t.v. don't come. to business the price of oil has shot up off the opec left production quotas on changed at the weekend light sweet crude is over a percent higher today at eighty nine dollars ten the early winter and renewed optimism over a global financial. markets goldman sachs predicted all prices will rise averaging one hundred dollars a barrel next year i'm rising further in twenty twelve but i get the parish president of russian energy giant new quote says that's too optimistic. i think that the current price is already fair and comfortable for both producers and consumers the beauty of our analysts agree with opec

desk. >> thank you, sal. >>> air sport security lines could be longer on this already busy holiday travel day. that's because of a new terror alert issued by homeland security. jade hernandez is at san francisco with more on the story. good morning, jade. >> reporter: good morning to you. for these passengers eagerly trying to get their destination lines might get longer today because there will be additional security measures taken be nay are bringing aboard -- if they are bringing aboard an insulated thermos. the agency contends terrorists might try to conceal explosives inside. they are not banning services aboard any ayr craft but anyone taking a they are -- but anyone taking a thermos through security will be looked at. we have contacted the tsa office an hour ago due to the holiday the office is closed. all questions are being referred to their website. tsa will be carefully monitoring information related to terrorist tactics. 98,000 passengers are expected through sfo today. numbers are slightly down from last year but nonetheless what do passengers think about the additional security m

that's why they sit behind a desk, holding their microphones and making their opinions. i'm going to take care of my business> reporter: so right now, guys, we have a little upset in the making. usf is tied with stanford at 18, and really not an upset but, you know, they're hanging with the eighth ranked school in the country right now. usf with a record of 2-9, and stanford is 6-2. so all of the drama, along with tara venderveer and jennifer azy, we have a story developing. let's watch a little bit of action right here. stanford coming off two straight losses on the road in which venderveer had a chance to get the elusive 800th win as usf just committed the foul so she comes home to do it in front of a -- well, not a stanford crowd but a bay area crowd here at the hill top. it's a great place to watch a basketball game and it is tonight as they're tied at 18. 9 minutes left to go in the first half. allen, get out here, you have enough time to get out here after the newscast to come out. >> i have played in that arena there and it gets pretty loud usually. >> reporter: that's why i can barely hear you. stanf

desk. the presiding officer: without objection. mr. durbin: madam president, i ask unanimous consent when the senate completes its business, it adjourn until 10:00 a.m. on tuesday, december 14, that following the prayer and pledge of allegiance, the journal of proceedings be approved to date, the morning hour deemed expired, the time for the two leaders be reserved for their use later in the day and following any leader remarks the senate resume consideration of the motion to concur with respect to h.r. 4853, the vehicle for the tax compromise postcloture. further i ask that the senate recess from 12:30 until 2:15 p.m. to allow for the weekly caucus luncheons and the time during any period of morning business recess or adjournment count postcloture. the presiding officer: without objection. mr. durbin: the postcloture debate time will expire around midnight tomorrow night. senators will be notified when votes are scheduled tomorrow. if there is no further business to come before the senate, i ask it adjourn under the previous order. the presiding officer: the senate stands adjourned u >> white house press secretary robert gibbs today field

desk for his signature. this will keep our current tax rates with no january 1st hike. unemployment will be extended for 13 months. a 2% payroll tax cut next year and business tax credits in addition to that estate tax that democrats did not like. don't ask, don't tell, which has passed the house, will be voted on in the senate perhaps today or tomorrow. it will take 51 votes to pass, but 60 votes are preferred and as of late, we understand that there are 61 senators who are willing to support that measure. government spending still up in the air. a temporary measure runs out tomorrow, but we understand now that the senate will not be voting on the democrat's $1.3 trillion plan from late night negotiations, but they have abandon that. it includes thousands of earmarks, pork items for specific districts and republicans called it unbelievable, threatening a filibuster. now we're looking at another temporary extension of government extensions. finally, the start treaty, still up in the air as we close in on this holiday break, secretary of state clinton now saying she believes there is a willingness among republicans to get this done. there was late night deba

desk. >>> thank you very much. oakland police are hoping surveillance video will help them identify and catch the gunman that robbed a busy walgreens store. it happened around 8:00 not far from lake merit. kraig debro is live in oakland. he has the details. >> reporter: good morning, dave. no reported injuries during last nights armed robberies. there is signs like this all throughout the outside of the store and a couple inside telling video recording is in progress. people are hoping witnessing and surveillance will help them. a masked gunman entered the walgreens around # last night. the store is located just a few hundred feet from lake merit. the gunman accosted the cashier. the beginman ran out of the store. it's not known that the thief left with any money. police are look at store surveillance tape right now. now i'm going to call police. i've already called them. i was going to call them last hour. i have not been able to get ahold of anybody at robbery homicide to see if they have gotten anybody off of that video tape. this store is opening in about an hour from now. reporting live in oakland kraig debro ktvu ch

desk. >>> there it is right on time. thanks to sal there's the opening bell in new york this morning. a pretty busy day. on the nasdaq celebrating an initial public offering. always a good sign in the economy that companies go public. that's a company out of texas a manage communications and network company. this morning investors and traders have new report on inflation, the indicater of inflation out this morning. so we'll see how they respond to that in just a little bit. >>> all right. we'll go ahead and say good morning to you. thank you for joining us here on the ktvu morning news wednesday december 15th. i'm dave clark. >> good morning. i'm pam cook. time now 6:30. >>> in the news right now just hours ago we found out an arrest believed to be connected to a horrific shooting that claimed the life of a sacramento mother she was killed by a stray bullet during a gun battle at a strip mall. investigators say the 30-year- old was an innocent victim who simply was in the wrong place at the wrong time. she was a single mother who worked at the sacramento airport. now investigators say she was killed wh

business today. >>> good morning. right now traffic is moving a long pretty well if you driving on bay area bridges. at 6:25 let's go back to the desk. >>> thank you. this is a live picture. this is a winter picture. tomorrows is first official day -- tomorrow is the first official day of winter. in the sierra it looks like it's already here. snow will keep falling at least through this afternoon as we look at live pictures of a vacant road in truckee. you have to have chains on interstate 80. >>> the fresh snow is attracting skiers and snow borders. high winds did force resort to close. >>> a once busy east palo alto day care center is still closed ten months after a disasterrous plane crash. three motorist workers died when their small plane veered off course, clipped power lines and plunged into this beach street power line. no one was hurt but it did cause major damage. the owner of the day care center say she is still having trouble collecting the insurance money she needs to reopen. >>> customers are getting some attention from small businesses around the country as we are in the final days before christmas. they want customer

desks. boy, that has some republicans fuming. rich edson from the fox business from washington. all right, 2000 pages, phil, what's in it? >> headline number is more than a trillion dollars to fund the federal government for about the next ten months. what has got folks upset hear is the $8 billion cost, about 6 thousand plus earmarks including small fruit research, aviation education, swine waste management, thousands of projects across the country and a whole bunch of democratic and republican districts in the states, jon. jon: but there is a whole lot of opposition to this thing the way it has been introduced, right? >> there absolutely has been. most of it coming from republicans. they say and point out, look we just had an election a month ago where the american people voted to cut back on much of this spending and this is flying in the face of the american voter. this is what senator john mccain had to say about all this. >> 12:15 my office received this appropriations bill. this appropriations bill. 1924 pages long, for a grand total of $1.1 trillion. are

business booming? booming is putting more music in more people's hands. >>> time now for the help desk where we get answersial questions. joining me is donna rosato. all right. guys, first question comes to us from colorado. kathy writes -- i have a practice of buying a used car with 30,000 miles, driving it for five to seven years until, and then selling it on craigslist. i paid off my most recent car in march with 130,000 miles and just had a $1400 repair bill. is there a formula for deciding how long to keep a car, lynette? >> this is a great question, and no, i don't think there's a formula. if there is, i haven't heard of it. in general, i think the good advice would be to keep it as long as possible. i love the fact that they had this car with 130,000 miles on it. they said they paid a $1400 repair bill. if you look at that over the cost of a year, that's like $100 a month or a little more. if you thought about buying a new car and the cost of what that would entail, it's so much greater. keep the car as long as possible, you know until it's on its last legs. >> if it's working, stick with it. >> jus

business? i mean, do we really have to sit here with empty desks and an empty chamber and quorum calls day after day because of this threat that says don't try to bring up another issue? it strikes me as odd because i know the senator from tennessee is an industrious man. he served as secretary of education. he was a governor. he plays the piano. the man sings songs. he has more talents than most people i ever met. and to think that you would want us to just do nothing, nothing on the floor of the united states senate? the senator from new york has offered you an idea. i think a reasonable idea. let's agree on this. let's agree that people making a million dollars or less will have the same tax cuts that they had before, no questions asked, to invigorate the economy, but let's say to paris hilton and bill gates and warren buffett no, you're not going to get a $100,000 tax cut each year if you make a million dollars, that's the average. we don't think that that really invigorates the economy. i would add to that as a postscript what the senator from new york raised, wouldn't it be reasonable for

business beat. good morning. >> good morning, will. >> what does the tax bill mean to americans? >> by the stroke of midnight, congress had pass the -- passed the tax cut bill and put it on president obama's desk. this is essentially baked in the cake. we have been talking about it for a while. and they thought it would be done and we've seen gains all year on all street. we knew this would happen. what we should be more concerned about is that dismissal of the $1 trillion omnibus spending bill that could shut down the government. but right now, we have slightly lower futures here in the u.s. and this tax bill not having too much of an impact on the markets at least right now. >> i guess it is no surprise, it is a busy time for ups, fedex, the postal service. still time to get holiday packages delivered on time? >> yeah, actually, there is this new thing. it started in 2008 called free shipping day.com. if you log on to that web site, nearly 1700 retail ares from yelly belly to neiman marcus to kmart are offering agree shipping today with guaranteed delivery by christmas. it should boost online spending which has been at least $20 billion so far this holiday season. so this is the big day for

all of this, very big business, got pushed up until the christmas break, for congress, the legislation heads to the president's deskstand he'll sit down and sign it with the big pen around 3:00, a little after, this afternoon, and has a big meeting with union leaders this afternoon and they are not happy about what has been signed -- will be signed into law, that is how we start a brand new hour, i'm martha maccallum. bill: congress burning the midnight oil to get it passed. there are many lawmakers, republicans and democrats, who are frankly not happy about it. >> a trillion dollar debt? good-bye social safety net. short-term gains, usher in long term gain, beware tonight begins the undermining of social security and medicare. and i yield back the balance of my time. bill: what a night it was, supporters of the compromise making this argument on the floor of the house. >> by transferring vast sums of cash out of the private sector and into washington, congress would be taking a club to investment, entrepreneur ship and innovation. the building blocks of what we need to foster economic growth and job creation. mart

business pro. indeed. go national. go like a pro. >> this is a fox news alert. the u.s. house approving the tax cut extension bill late thursday. it will head to president obama's desk for his signature. the vote was 277 to 48. that will avoid a tax hike for millions of americans. it will cut social security taxes and will extend unemployment. in north carolina, a base has been locked down after a shooting. reports saying no one was injured. security is searching for one or more shooters. personnel with property i.d. are being allowed onto the base. we will watch that situation for you. for all of your business news, we welcome you to tune to the fox business news network, giving you the power to prosper. now back to "on the record." for your heatest headlines, go to foxnews.com. you are watching the most powerful name in news, fox newschannel. hn stossel has a fun job. who wouldn't love destroying a car? >> government can and should help the carmakers. how? i know. let's destroy some cars. does this make sense? sure it will stimulate the auto business! that was the idea behind cash for clunkers. how far can i carry this principle? the guitar business is struggling.

breath, the distinguished gentleman from west virginia could be found at his desk until the very end, doing the people's businessng speeches, the head of the speeches, the head of the appellations -- appalachins in his voice, stabbing the air with his finger, fiery as ever, the years into his 10th decade. he was a seventh icon, he was a party leader, he was an elder statesman. and he was my friend. that is how i'll remember him. today we remember the past declined to such extraordinary peaks. board cornelius calvin sale, jr. -- corny, he joked, for short -- his mother lost her life in the great influenza pandemic of 1918. from the odd and uncle who raised him a bit west virginia's coal camp, he gained not only his byrd name, but his reverence for god almighty, a love of learning that was nurtured at mark twain school. and there he met erma, his sweetheart for over 70 years, by whose side he will now rest for eternity. unable to afford college completed what could to get by, finding work as a gas station attendant, a produce a salesman, a meat cutter, and a welder in the shipyards of baltimore and tampa during wo