it would be caterpillar's biggest ever acquisition. bucyrus saw a big pop, up 29% to close $2 below caterpillar's buyout offer. caterpillar shares also saw some buying interest, up 1% on twice its usual volume. fellow heavy machinery maker joy global came along for the ride, adding more than 7% to a two- year high. volume was more than five times normal. the other big deal came in the technology data storage business, with e.m.c. buying isilon systems. e.m.c. will spend $2.25 billion for isilon systems, or $33.85 per share. this is just the latest deal for computer data storage since the fight between hewlett-packard and dell for 3par that began in august. isilon closed just below the take-out price, up more than 28% on huge volume. a year ago this stock was struggling at $6 per share. tonight it is over $33. the buyer, e.m.c., dropped some, falling 1%, but on light volume. its offer did excite the market for competitors compellent technologies and commvault system. compellent added almost 6%. commvault was up almost 3%. one deal that

>> i don't know that it impacted caterpillar so much. the disconcerting thing to me is that washington, particularly the house of representatives, but the congress in general has passed legislation without regard to how it impacts american firms and their ability to compete in world markets. i think the health care legislation that passed does add a lot of cost to businesses. it has created a lot of uncertainty. and it is impeding the employment growth that might be coming at this stage of the economy recovery. another very interesting thing to me that's not talked about very much about the unemployment rate, which is very high. the 16 to 24-year-old group, for example, their unemployment rate has always been higher. but it's been kind of in the 12 to 15% range. now it's approaching 30. it's 27 to 30. the reason for that kind of economics 101. the house under pelosi's leadership passed a 41% increase in the minimum wage. and on top of that now we add a lot of regulatory cost and health care costs that has dramatically increased the cost

i referenced him in the rpth for caterpillar. it's not that jim owens and caterpillar say bad guy or a bad company that's nearly a 100-year-old legendary enterprise that's based out of our country. but the economic structure, the taxation caterpillar faces to manufacture tractors here and sell them there because the chinese government is not willing to accept a foreign competitor in that country without creating some sort of investment or jobs in their own country which seems pretty tactically rational. and, yet, our country, america, doesn't basically take that advantage away so as to protect our own industry here. i'm not suggesting overprotectionism so much as i am the end of unfair play and the beginning of reciprocity so that we can at least have a chance for the american people to do what they do best which is work hard, innovate and use their resources. but no one can do it in a rigged game. >> that's right. that's right. and that's why we need to push this. we need to use -- you know, china is in the wto. we need to push

we used to make turnings and we loved tanks but it became clear that wheels were more reliable caterpillars good gets dark that would ruin the whole mission and we couldn't afford to make a mistake or you know luna who had one popularly known as the lunar tank was the first to have a remote controlled berbera to land on another celestial body. initially slated for a three month mission it wheeled lunar surface for eleven months during this time it traveled more than ten kilometers taken over twenty thousand images including sound with its own footprints. every lunar morning once in twenty eight days when the sun's rays touch the lunar held solar panel it would wake up bape. a lonely sound in a silent world and set off a new adventure. exactly wait what had was decided far away at the mission control center in the crimea. just left of going to was one of the five mammal in her team which also included and never get or in ten operator and two engineers snoo my luna hoods camera film the moon surface and send black and white pictures back to earth but with a delay of more than twenty seconds m

it became clear that wheels were more reliable caterpillars good gets dark that would ruin the whole mission and we couldn't have to make the mistake we have no luna had one popularly known as the luna tank was the first ever remote controlled barbara to land on another celestial body. initially slated for a three month mission it will the lunar surface for eleven months. during this time it traveled more than ten kilometers taken over twenty thousand images including sound with its own footprints. every loony morning once in twenty eight days when the sun's rays touch the solar panel it would wake up bape. hello only sound is silent world and set off a new adventure. exactly wait what had was decided far away at the mission control center in the crimea. fifty stopped of going was one of the five. which also include and never get or in ten operator and two engineers. luna hordes camera film the moon surface are concerned black and white pictures back to earth but with a delay of more than twenty seconds months or so we had to judge the situation using this picture aboard a lunar ford

caterpillar doing some shopping. they are snapping uppthe mining company bucyrus.aring 50% on th3 news. >>> and more people are paying their bills on time. major credit caad companies are saying ddlinquency rates are falling to the lowest llvel this >>> to the wall stteet,,the ow ggining 9 points, 7.5% on the yeaa. >>> and dhl express delivvring it's raising ts priccs by nearly 6% starting next ear. >>> coming up, a dog survives the war in affanistan, only to die after being brought to the u.s. the mi

that makes this the largest deal caterpillar has ever undertaken. it is a mining equipment company and they are riding this commodities boom. it also plays into the whole talk from the fed with qe 2, more money floating, pushing the commodities prices higher, this is a real bet from a dow component that this is something that is here to stay. all the mining stocks are higher on this news, check. >> we have always heard the president say how caterpillar goes so goes the country. becky quick, thanks very much. >>> all right. more than 100 new members of congress learning the layout on capitol hill today. they'll figure out that what a number means doesn't match the floor. all of those weird id owe sen tristies. what advice will they give? we will ask one. brian baird will join us. >>> plus, sarah palin's alaska. what is her new show revealing? >>> first, a look at the president's schedule. actually we'll do the vice president today. little downtime after that ten-day trip. he's got to swear in two new senators. chr could switching to geico really save

caterpillar shares shot up after announcing a purchase for bucyrus for $5 million in cash. overwhelming demand is reportedly driving up gm's offering price when it goes public on thursday to the $32 to $33 rang analysts say online retler amazon.com is feeling the heat from walmart's recent online offer for free shipping. amazon shares fell 4%. >>> febook ceo mark zuckerberg designed a new plan to deliver e-mail including text. apple's announcement today will be the long awaited arrival of beatles music on itunes. >>> finally, things could be looking up at the office these day. more employers are looking at bringing back work day perks like flex time and holiday bonuses. >>> coming up, the suns come up golding and a pair of overtime thrillers on the ice. plus, michael vick and the philadelphia eags were flying high last night in our nation's capital. your early morning sports headlines are just ahead. >>> it's a soggy tuesday on the east coast, even a chance of vere wther in the southeast. your forecast is coming up. you're watching "early today." >>> good morning. if you're

not that it's caterpillar's fault. they face a situation where it's much cheaper to make the tractor in china and pay the tariff to export it. how can you talk about cutting if you're not talking about ending some of the real obvious unfairness. >> you have to -- it gets so complex and difficult to understand especially for the average american. you have to go back to the basics. the basic to me, this is again, where the white house has the responsibility to communicate, what is the economic vision for this country for the future. how are we going to make these structural changes and clearly our obligations as a country to various people. whether it's veterans, senior, students, et cetera. i think we've got -- have a real honest discussion about where we want to take the country and i think part of what personally i'm frustrated with this debt commission report. the obligation was for them to come up with a consensus. here's the irony. how are you going to be consensus among members of congress when you couldn't get it

and you saw a large risk of aa coal mining company, and caterpillar is trying to stay relevant and coal mining is big! and to help with their debt such ratio in the mergers /acquisitions, and with storage, and the data storage for companies. storage is huge! with everything digital. and data, everywhere so it is good to see the mergers. however, the market struck spiked at 2.9% and that is that the economy is going to get better. and the bond is also good. however, the stock did not like that because the cheap money that is fuelling these mergers. it is helping you, i, refinance it is going to become more expensive. pam and looming unemployment? >> retail sales! with better than average expected. and with 1% growth, year to year and that is a pretty good number. to maintain that, we have maintained that for the last seven months. perhaps a bit more comfortable because the retail sales are a big part of our economy. 75 percent consumeconsumer driven. >> and give was talking about facebook adding and making changes to competition with google and e-mail. how you see that? >> that is facebo

caterpillar shares shot up after announcing a purchase for bucyrus a mining equipmentmaker, for $7.6illion in cash. >>> overwhelming demand is reportedly driving up gm's offering price when it goes public on thursday to the $32 to $33 range. analysts say online retailer amazon.com is feeling the heat from walmart's recent online offer for free shipping. amazon shares fell 4%. >>> facebook ceo mark zuckerberg unveiled and all in one plan designed to streamline e-mail instant messaging and texts. >>> apple's big announcement today will be the long-awaited arrival of beatles music on itunes. >>> finally, things could be looking up at the office these day. more employers are looking at bringing back work day perks like flex time and holiday parties and bigger bonuses. something extra under the tree this year. >>> coming up, the hornets get stung, suns come up golden and overtime thrillers on the ice. plus, michael vick and the eagles flying high in the nation's capital. your early morning headlines are straight ahead. >>> it's a soggy tuesday on the east coast, even a chance of severe we

dow components bank of america, jpmorgan and caterpillar drove the blue chips higher.he banking sector got a boost from a "wall street journal" report that the fed is getting ready to give healthy banks the green light to up dividends. >>> plus a surge in safe bets. the price of gold hit a record high driving a mining company's shares up 7%. adding to the bullish sentiment on the street, target, macy's and the gap all ticked higher thanks to stronger than expected same store sales. the price of crude climbed higher for a fifth straight day locking in its longest rising streak in seven months. elsewhere, u.s. officials announced six oil and gas companies have agreed to pay $236 million in criminal and civil penalties in what's being called one of the largest corporate bribery cases ever to focus on a single industry. >>> according to the u.s. department of agriculture, the number of americans using food stamps in august was up a surprising 17% over last year. >>> overseas, the walt disney corporation has inked a deal to bring the house of mouse to shanghai. final govern

the dollar rose, hurting exporters like caterpillar down 0.5% and boeing off 1.5%.n the nasdaq, technology gains helped that index edge up. apple rose 0.5%. gold powered to an all-time high above $1,400 an ounce. moving mining and material stocks higher. coal producers rose on strong demand from steelmakers and renewed merger talks. alpha natural resources shot up almost 9%. arch coal gained almost 5% and consul energy rose close to 4%. oil reached a new high for the year, settled over $87 a barrel. oil has risen more than 16% since labor day. >>> elsewhere, amazon will start paying publishers 70% of the retail price when they sell magazines and newspapers on its kindle reader. >>> finally, within 18 months, novartis plans to seek approval for a pioneering tablet containing a microchip that one day will be able to transmit to your doctor not only things like your heart rate and temperature but also whether you take your prescription and whether they're working properly. much better than just an aspirin, huh? >>> the cowboys head coach gets the ax. superman flies pas

caterpillar shares shot up after announcing its purchase of bucyrus, a mining equipment maker, for $7.6 billion in cash. while data storage firm ems said it would buy rival isilon for $2.2 billion in cash. >>> overwhelming demand is reportedly driving up gm's offering price when it goes public on thursday to the 32 to $33 range. >>> analysts say on-line retailer amazon.com is feeling the heat from walmart's offer for free shipping. amazon shares fell 4%. >>> facebook ceo mark zuckerberg unveiled an all-in-one plan designed to stream e-mail with instant messaging and it texts. >>> according to the "wall street journal" apple's cryptic ad about an announcement today will be the long-awaited arrival of the beatles music catalog on itunes. that should do pretty well. >>> finally things could be looking up at the office this holiday season. new surveys show more employers are planning to bring back work place perks like flex time, holiday parties, and the all-important bigger bonuses. see if that turns out. >>> the hornets finally get stung, the suns come up golden, and a pair of overtime th

i run caterpillar right now.nd jobs to china to make the tractor there's. is jim owens a bad guy at caterpillar for doing that? probably not. is the policy because china has a very different trade policy than america incentivize to do that and does that cost us jobs and productivity? yes, it does. there are -- >> you just answered his question. >> the fact of the matter is this, aside from japan, every major country is a tax haven to the united states because we have the highest corporate tax rate outside of japan. should we look at our competitiveness in the world? absolutely. should we look at ways to keep a company like caterpillar invest here? the fact of the matter is, we have to be open about our competitiveness, our trade policies. >> no one disagrees with that. have you talked to dan domico, largest steel company in north america and ask him how the frae trade agreements have affected his business. if there's a steel contract in brazil, a steel project for a major building development in china, he does no

if you talk jim owens of caterpillar, he's got a tariff.where ever you create the money, that's only the beginning. once you've got the money whether you're a rich person with a tax cut or somebody who had some money printing, what am i going to do with it. am i going do the hard work and take the risk of investing with some kids or whoever it is to deal with an innovative concept. >> i think that's pretty fresh thinking. it's my hope thas republicans g forward and you know, you said earlier that republicans got power in the 112th congress. i think the folks that grabbed the power were the american people. i don't see the election on november 2nd as so much a victory for any political party. it was a victory for the american people to grab back the reigns in washington, d.c. and said, we can do better. as we go forward, i think what the american people will be asking is how do we create a environment in the united states that can compete with china, with india. i'm going to run up to the detroit economic club in a few weeks and have a lot t

caterpillar the largest maker of construction equipment getting bigger.this morning it agreed to buy a firm for 8.6 million including debt. and as we head into the popular part of the year for retailers, we're getting reports that more consumers are getting in the buying mood. sales climbed more than last month. purchases rose 1.2%. that's the biggest gain since march for illinois retailers. and bargain shoppers are getting ready to deal into the black friday. camers can revoice. sowny has announced that the auto macing game for play station will go on sale november 24th. the day before thanksgiving. that makes it in time for the sales. >>> this new year, 2011, motorola will be split in two. that's the word from theco ceo today. a better than expected sales mating -- smoothing the way for a deal. >>> taking a look at wall street now for you. stocks are gaining today. thanks to the takeovers including cater pillar. and growth in retail sales, fueled optimism about the economy. those are the business headlines. >>> a new role for former president clinton. >

. >> cantina, catwalk, caterpillar -- [ buzzer ] >> jimmy: that's pretty good. [ cheers and applause we go. ♪ one, two, three, four, five. [ cheers and applause ] >> yeah. >> jimmy: easy money. easy money, you want to do it? you can do it, come on. stand up. stand up. how are you doing? what is your name? >> ashley. >> jimmy: ashley. very, very good. you can hold this microphone right there. ashley, where are you from? >> toronto. >> jimmy: toronto, very cool. [ cheers ] shout out to bloor street. hey, you want to roll the die and give it a -- see what you end up on? oh, i like this letter a lot. i'm talking about the letter "r." ♪ here we go. roots, you want to play a little music? ♪ ready, go. >> rabies, rattlesnake, um -- [ buzzer ] rain. >> jimmy: we can't give her that one, right? that's it. [ audience ohs ] you got two. yeah, sorry. we're pretty hardcore here. [ laughter ] ♪ one, two. that's sick. there you go. all right, here you go. roll the die, see what you got here, pal. this is going to be hard. it's the letter "a." ♪ [ audience ohs ] all right, here you go. ready? roots,

can see where okay, if china's allowing low cost labor, paying its currency, it makes since that caterpillarwant to go to china. also, their trade policies. how are the federal reserve policies creating job losses in this could be tri as you see it? >> well, you have to take a step back, but let's go back to the equity bubble. because of the equity bubble and the fed printing too much money and causing misallocations of capital and then people started to believe that they didn't need to save, right? there was going to be a free lunch. everybody was going to get rich in the stock market. when that burst and people sobering up, gee, i have to take responsibility for myself, the fed's bailout attempt for the stock bubble got real estate going and thanks to the regulators not doing their jobs, we had this epic housing bubble. people were able to live beyond their means and not really have to face the fact that we've got a big problem in this country because of the budget deficits and people needed to save. it was the belief that we can speculate our way to prosperity and borrow a way through our

dow industrials up 44 points and caterpillar making a huge buy worth $7 billion.are hearing rolls royce, the british company will replace the engines on all the super jumbos and the double-decker jumbos. a big problem. i should point out general electric owns the stations and makes jet engines. dow up after just a spectacularly bad week last week. brent? >> scott, thank you very much. getting the cameras lined up and we had to wait a minute. work can make you stressed. a new study points to the toll that stress can take on you if you are a woman in particular. today in the bay's chris sanchez has the results. people are going yeah, of course. you have more details on this. >> i have gotten a couple of did y you -- this is a study focusing on women and stress. most of the previous dita was from men's studies. researchers followed 17,000 healthy women for 10 years and most of them white healing professionals, nurses aides to ph.d.s and most of people around 57. they had little opportunity to use their skills. they called it job strain and they had a 40% increased ri

caterpillar snapping up mining company bucyrus.people paying their bills on time, delinquency rates falling to their lowest level this year. to wall street the dow gaping about nine points. dhl express delivering a rate hike, the company raises its prices nearly 6% starting next year. that's business. i'm neil cavuto. plset/g  >>> this fox 5 stock market report is brought to you by your lexus dealer. live life heroically. >>> welcome back, everyone. we're in the fox 5 web center following a major announcement from facebook tonight. it's a whole new system that's more like text messaging and a lot less like e-mail. we'll hear about the whole new way to reach out to your friends. >> reporter: facebook is pushing limits again, this time with a way to funnel all your messaging across multiple platforms and that includes a new feature called messenging giving users the option for an e-mail address at facebook.com. >> we spent a whole lot of time trying out a lot of new products. >> reporter: intertwined with the new

on the m&a seen, we've got caterpillar putting down more than $8.5 billion for mining equipment makerer massey energy shares are higher on rumor a steel giant may be interested in buying it. and will america invest in a new gm? underwriters are expected to raise the ipo price from between $26 and $29 to $32 and $33 based on strong interest in demand. that's it from cnbc, first in business worldwide. now back to "hardball." >>> welcome back to "hardball." late today, vice president biden presided over the swearing in of two new u.s. senators who beat tea party candidates two weeks ago. west virginia's joe manchin, delaware's chris coons. senator coons join us now. thanks for being on "hardball." >> thanks for giving me a chance to be on with you. i'm going to talk plenty of substance, but what's the coolest part so far? i see you got the pin. did they paddle you yet? >> no paddling, michael, no. i would say the coolest thing is being able to be here with my whole extended family. my wife, our three kids, my parents, stepparents, in-laws, cousins, nieces, nephews. the vice president too

starting the week higher amid some strong retail sales for october and also a big acquisition by caterpillarelping the markets this morning. the dow is up 49 at 11,242. nasdaq at 5. s&p up nearly 4. >>> australian airline qantas is dealing with the fallout of another mid-air incident. today, a qantas plane bound for argentina rushed to sydney because of smoke in the cockpit. there were 141 people on board. no one was injured. qantas officials say it was an electrical problem. this is the fourth incident since an engine exploded near singapore. >>> a san diego man made headlines over the weekend. he refused to go through the security at the airport. he refused to go through the body-scanner machines or get a pat-down at the security checkpoint. he says he feels like too much privacy is given away just to get on a plane. >> i said, "if you touch my junk, i'll have you arrested." >> after that, a tsa spokesperson said he would have to leave the area, then. and the man said, "i'll see new court." >> janet napolitano said the body images are not a health risk and the images are kept privacy. she