on cnbc" returns. >> the king of sushi when "60 minutes on cnbc" returns. isfesh. >> the king of sushi when "60 minutes on cnbc" returns. hfesh. >> the king of sushi when "60 minutes on cnbc" returns. . >> the king of sushi when "60 minutes on cnbc" returns. i love that my daughter's part fish. but when she got asthma, all i could do was worry ! specialists, lots of doctors, lots of advice... and my hands were full. i couldn't sort through it all. with unitedhealthcare, it's different. we have access to great specialists, and our pediatrician gets all the information. everyone works as a team. and i only need to talk to one person about her care. we're more than 78,000 people looking out for 70 million americans. that's health in numbers. unitedhealthcare. [ticking] >> sushi is becoming so popular these days, you can find it in grocery stores all over america. but it's a distinctly japanese >>> sushi is becoming so popular these days you can fine it in grocery stores all over america but it is distinct

cnbc's is ima moti gives us details and other details in the cnbc newsroom. good evening, sima. >> we'll get to the news after the headlines coming into cnbc. google is about to unveil the entertainment system that would stream music wirelessly using the android platform. sticking with techs, shares of lincoln soared after the fourth quarter earnings more than doubled. check out the stock movement. in other news after 130 years kodak urn bankruptcy protection will focus only on printing. it will save $100 million a year. apple shares soared close to the $500 a share threshold after all things digital, the ipad 3 will be introduced at an event in the first week of march. the late steve jobs revealed he was being considered for a presidential appointment by president bush. interesting. >> it was parterer inning with zynga. farmville was one of them. the obama administration is releasing ten states of key provisions of the no child left behind act, and the property group behind a tiger woods-designed golf course in north carolina filed for bankruptcy. the court

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when "60 minutes" on cnbc returns. (watch ticking) oh!aby crying ] ♪ what started as a whisper ♪ every day, millions of people choose to do the right thing. ♪ slowly turned to a scream ♪ there's an insurance company that does that, too. liberty mutual insurance. responsibility. what's your policy? ♪ amen, omen (watch ticking) >> stahl: the ancient wisdom that there's a sucker born every minute has been especially pertinent given the financial disasters of the past few years. so it's time for a short and painless test. are you sometimes just too trusting? do you invest in things you don't really understand? are you also a bit greedy? then you, too, could be suffering from pigeon fever. pigeons, just so you know, are what conmen call their victims. in the wake of bernard madoff's massive fraud, where the former financier cheated investors out of billions, you might think that investors would be less gullible. if so, think again. prosecutors and regulators tell us that even in this age of skepticism, ponzi schemes like madoff's are thriving.

tune in to cnbc world to capture all of the action overseas at cnbc world headquarters. "going global" with your money. >>> the surging oil prices have certainly been a boon, not just to major oil producers, but small companies as well. energy 21 is currently the third largest oil producer on the gulf of mexico shelf. it operates six of the 11 largest oil fields in that part of the world. the company's been involved in a flurry of acquisitions in its few short years of existence. we want to talk about that in a cnbc exclusive with chairman and ceo john schiller. good to see you again, john. >> good to see you, bill. >> first, basic question, why is the price of oil going up right now in your view? >> i think it's basically got a short supply. about 1 million barrels a day of excess capacity. so you see the little flareups in the middle east, you'll see the world respond to them. >> you don't think it's a risk premium being built in just in case whatever happens with iran, and maybe syria, and all that? i mean, is the supply and demand ratio in the world right now fully r

when "60 minutes" on cnbc returns. when "60 minutes" on cnbc returns. (watch ticking) wheeeeeeeeeeeee! whee! whee! wheeeeeeeee! ah heads up. wheeeeeeeeeeee! everything you love about geico, now mobile. download the new geico app today. laces? really? slip-on's the way to go. more people do that, security would be like -- there's no charge for the bag. thanks. i know a quiet little place where we can get some work done. there's a three-prong plug. i have club passes. [ male announcer ] now there's a mileage card that offers special perks on united, like a free checked bag, united club passes, and priority boarding. thanks. ♪ okay. what's your secret? ♪ [ male announcer ] the new united mileageplus explorer card. get it and you're in. united mileageplus explorer card. (watch ticking) >> stahl: the ancient wisdom that there's a sucker born every minute has been especially pertinent given the financial disasters of the past few years. so it's time for a short and painless test. are you sometimes just too trusting? do you i

cnbc, the first name in financial journalism. oufr the years the two have evolved a powerhouse partners p partnership, from maria first reporting among the traders in 1995 to the first show broadcasting after hours on the floor. >> economists are expecting a pretty strong report. >> and with the first full-time set from the balcony overlooking the drama of capitalism. and now history will be made once again. cnbc's identify squawk on the street" becomes part of the floor. our new home at post nine directly under the opening bell. new tools, new technology and a new perspective in the center of all the action. >>> and welcome "squawk on the street" live here at the new york stock exchange. obviously welcome, guy, to our new home. we start off an exciting monday morning as you just saw from the ribbon cutting. looking at a little bit of weakness around the globe really. asia down with the exception of shanghai, up for the seventh day in a row. futures down about 50 points and a big vote today in the germ parliament. >> let's hit th

. >> welcome to 60 minutes on cnbc. i'm steve kroft. precious commodities are, by definition, rare, valuable, and in high demand, and very often they're located in places that are difficult to reach and sometimes dangerous. this edition features stories that take us down into the world of sharks, deep into the heart of africa, and onto the high seas for a look at the dark side of big-time commercial fishing. we begin with gold. there's a demand for gold for investments, for the circuits in cell phones and computers, and of course for jewelry. and mining it often comes at a huge cost, one of which you probably haven't heard very much about. in the democratic republic of congo, gold and other minerals are fueling the deadliest conflict since world war ii. in november of 2009, scott pelley went to the heart of central africa and found a campaign of rape and murder being largely funded by gold that's exported to the world. >> this is a gold mine in eastern congo, dug from the side of a mountain by the bare hands and stooped backs of 100 men

for all of us at cnbc, thanks so much for watching. for all of us at cnbc, thanks so much for watching. i'm tyler mathisen. [ticking] >> warren buffett, america's second-richest man, is a household name, his son howard not so much. and yet he's the person warren buffett wants to succeed him as chairman of berkshire hathaway, the mega holding company that buffett built. like his father, howard does not live the high life. in fact, he's a farmer who would rather dig up the ground than sit in a boardroom. are you sure he's your son? >> well, i think that's worth checking out. you'll have a big exclusive. [ticking] [bell ringing] >> for 150 years, the floor of the new york stock exchange was the center of the financial world. but today most trading in stocks is done elsewhere by robot computers that buy and sell in microseconds, faster than you can blink an eye. and the computers have done so well that some institutional traders have come to believe that the game is rigged. are humans ever involved in the trading? >> humans are not involve

you're watching cnbc, first in business worldwide. >>> about 45 minutes left in the trading session, time for a quick market stat check on the market itself. fresh four-year highs, although gains have been muted. greek leaders unleashing a second bailout package. parliament votes on those cuts sunday. we had the mortgage settlement. a lot of things going on right now. but the dow is up just 23 points, 21 points right now. the high of the day the dow was up 41. here's a look at some of the leaders at this hour. united technologies, there's a bank of america continuing higher, another 1% gain today followed by american express, dupont and pfizer. >> bill, time for the stock brawl of the day. we take the gloves off for pepsico, the largest snack food maker. fourth quarter net income up 4%, revenue up 11% for the quarter. company also held an analysts day in new york today. among the biggest announcements, the company will cut nearly 9,000 jobs, pumping more money into advertising in the pepsi and mountain dew brands. the ceo appeared on

you're watching cnbc, first in business worldwide. more green than red there. >>> 44 1/2 minutes to go in today's trading session. time for a quick stat check on the dow. trading near four-year highs right now. closing in on the 13,000 mark. well, why don't we take a look at the bigger winners on the dow at this hour. proctor and gamble, ibm, bank of america, home depot and alcoa posting decent gains. >> after surviving a hostile push to sell the company, selling the stake in the company, now clorox is taking aim at new products and greater geographic diversity as it looks to an improving economy and hopefully a continued rebound from the consumer. joining us in a cnbc exclusive from the consumer analyst group in new york, joining us today. good to have you back. >> good to see you, bill. >> how would you characterize what's going on in our economy right now? you've said, you feel the consumer is fragile, but getting better, yes? >> right. i think we're a pretty good canary in the coal mine, if you will, bill, in the sense that when y

>> on 60 minutes on cnbc.nergy development comes with some risk, but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. get on e-trade. set up a real plan. frank! oh wow, you didn't win? i wanna show you something... it's my shocked face. [ gasps ] [ male announcer ] get a retirement plan that works... at e-trade. only hertz gives you a carfirmation. hey. this is challenger. i'll be waiting for you in stall 5. it confirms your reservation and the location your car is in, the moment you land. it's just another way you'll be traveling at the speed of hertz. mber the day my doctor told me

. >> welcome to 60 minutes on cnbc. i'm leslie stahl. in this episode, we'll examine our relationship with work. how much is too much, too little, and who should decide? but before we look at the hours we spend on the job, we'll look at how employers tried to influence the way their workers act off the job. as morley safer reported in 2005, that cigarette or drink at home, that political candidate you supported, even your eating habits are coming under the scrutiny of your employer. if your boss doesn't approve, it might even cost you your job. >> anita epolito and cara stiffler were considered model employees at weyco, an insurance consulting firm outside of lansing, michigan. anita, 14 years on the job, cara, five. they sat side by side, sharing workloads and after work the occasional cigarette. but at a company benefits meeting two years ago, the company president announced... >> "as of january 1, 2005, anyone that has nicotine in their body will be fired." and we sat there like-- like, in awe. my first reaction was privacy. the hair

. >> welcome to 60 minutes on cnbc. i'm steve kroft. in this edition, we meet two silicon valley billionaires a generation apart who revolutionized the world of computing and the internet. facebook ceo mark zuckerberg and paul allen, microsoft's cofounder. we begin with mark zuckerberg and facebook. if you have a facebook account, you've probably reconnected with an old pal, shared photos with your family, and gotten advice from your friends on what to buy and what to read. but facebook has bigger plans. it wants to turn the entire web into one big social network. lesley stahl first talked with mark zuckerberg in 2008, and three years later, we sat down with mark again. he gave us a preview of his site's new profile page, a change that would affect the 500 million people who were then using facebook, an idea that zuckerberg had cooked up in his dorm room at harvard. >> when you first thought about this--19 years old--is this what you had in mind? did you see this far into the future, or is it way beyond what you dreamed? >> well, it's f

besides cnbc's new set on the stock exchange, see what else is buzzing about, bob pisani, our man on the floor. bob, another big reversal. >> say how happy we are to have this set. viewers don't know, two years in the making to get the technology this is cutting-edge technology there. we have always been a part of the floor but now we are literally becoming part of the floor. >> yeah. >> i think that's been a very big day for all of us. you can say about stock trading it is -- the volume's too low, you can say the price swings are anemic, but the absolute truth is every day the market goes up, hasn't anybody noticed? 9:45, 10:00 every day the market kind of reverses? opens the downside and then reverses. i have been waiting 22 years to be the weatherman for the stock market, folks, be with me as i walk over here and show what you is going on. maria is absolutely right. hit our lows today, bring it up here, lows for the day, down 100. highs, up 35. i will get to the barrow metric pressure in a moment, folks, don't go away with that. here is what is important. right about here, we got

. >> welcome to 60 minutes on cnbc. i'm lesley stahl. investors always hope to be on the ground floor of the next big thing. that's why venture capitalists risk fortunes developing new inventions and new products that sometimes transform how people live. we begin with snus. with cigarette sales falling, the smoking industry is going smokeless, introducing new tobacco products such as snus that are nothing like your granddaddy's chew or dip. companies like r.j. reynolds and phillip morris say this new generation of smokeless products helps tide smokers over when they go places they can't light up anymore because of smoking bans, like restaurants and offices. the smoking rate is half what it was 40 years ago. and as i discovered in april 2010, companies are investing heavily in developing smokeless and in changing its image from hillbilly to hip. think smokeless tobacco, and you probably conjure up something distinctly unappealing: a bulging mouthful of wet, brown goo that's smelly and spitty... [spitting sounds] brown and drooly. not anym

they don't seem to -- i've tried to get them, look, this is cnbc.e celebrate free enterprise and capitalism pap great place to talk about your tax rate, p.e., find viewers willing to listen, and they don't seem to want to help -- they don't create favor with conservatives, why? >> doesn't speak the language. how severe conservatism came out. he's a fear conservatism. doesn't speak the language, or know how to talk about it. there's a method to this madness. he's holding back a lot of stuff. that 59-point plan isn't the real plan. a brilliant three-point plan and doesn't want obama to triangulate it and take it from him. >> if he had shown his conservative hand, you're saying to win the primary, people in the general election would come back and say, look, you're a teabagger? >> not that conservative. >> an independent. you need to win the independents for this election. like a rope-a-dope. >> doesn't have to come up for a 5% flat tax. start by coming out with a tax plan that kind of looks like bowles-simpson, lower the rate. >> not a strategy? inept

. >> welcome to 60 minutes on cnbc. i'm steve kroft. we live on an increasingly endangered planet, from the glaciers of antarctica to the rich prairie lands of canada. and the ultimate disaster may be financial as well as environmental. later in this episode, scott pelley reports from antarctica on the wide-ranging effects of global warming. and later bob simon has a story from canada on the environmental damage caused by the next great oil rush. but our first story involves a controversial waste product that could have damaging effects on the environment. there are more than 600 coal-fired power plants generating electricity in the u.s., and those plants produce 130 million tons of waste called coal ash. it contains concentrations of mercury, arsenic, lead, and other toxic materials. and as lesley stahl first reported in 2009, when coal ash is dumped into wet ponds--and there are more than 500 of those across the country-- the result can have an enormous health risk on the people living in nearby communities. >> we get about 48%, nearl

welcome to 60 minutes on cnbc. i'm lesley stahl. we'll be exploring the world of science in this episode. later we'll bring you morley safer's story about the human genome patents being awarded to biotech companies and the proprietary control they now have over part of who you are. and then my report on a ubiquitous chemical called phthalates, which is in everything from perfume to children's toys, but which may also be causing birth defects. but first, steve kroft's story on the enormous amount of money being spent to treat people as they approach the end of their lives. how much money? well, in 2009, medicare paid $55 billion for doctor and hospital bills for patients as they approached the last two months of life. to give you some perspective, that's more than the budget for the department of homeland security or the department of education. and as we reported in 2009, most of those bills were paid for by the government with few or no questions asked and with an estimated 30% of the treatments having no meaningful impact. >> ms.

. >> welcome to 60 minutes on cnbc. i'm steve kroft. by some estimates, gambling in this country is a nearly $100-billion industry. it attracts everyone from flamboyant businessmen to nefarious conmen. while the odds are heavily stacked against them, for millions of americans, gambling remains enormously popular, even in these hard economic times. in this episode, charlie rose will profile steve wynn, who many credit with the resurgence of the las vegas strip. and later, lesley stahl will take us to the world of internet gambling, which is against the law, yet is thriving in this country. but first, my report about one of the biggest scandals in the history of online gambling. a small group of people managed to cheat players out of more than $20 million, and it would have gone undetected if it hadn't been for the players themselves, who used the internet to root out the corruption. as a joint investigation by 60 minutes and the washington post revealed in 2008, it raises new questions about the integrity and security of the shadowy and

. >> welcome to 60 minutes on cnbc. i'm steve kroft. in this edition, we look at the world of big deals on wall street and in las vegas and examine the impact of high-speed computers in both places. we begin with perhaps the most famous investor of them all, warren buffett. his fame extends far beyond wall street, his oldest son, howard, not so much. and yet he's the person warren buffett wants to succeed him as chairman of berkshire hathaway, the mega holding company that buffett built. for most of his adult life, howard has been a corn and soybean farmer in nebraska and illinois. and as lesley stahl first reported in december of 2011, howard doesn't live the high life, and he loves getting down in the dirt. >> this is the man who'll become the next chairman of the company-acquiring, investment-picking, moneymaking machine berkshire hathaway if warren buffett has his way. howard is a farmer who would rather dig up the ground and drive big machines than sit in a boardroom. were you stunned? were you surprised? >> i was surprised. >> but

joining me in a cnbc exclusive is silver lake co-founder glenn hutchins.great to see you again. >> hello, maria. i love your new set. >> it's high-tech. >> it's as elegant and cutting edge as you are. >> thank you very much. what's going on in the world. i want to get your interest and ideas in technology. how do you see the world in terms of the markets being up as much as they are in 2012 relative to the fundamentals of the economy? >> i'm really concerned about that. i think that, you know, we are in a long-term period of low growth, about 2 #%, and high unemployment about 7% to 8%. we're not going to break out of that in a cyclical manner, because it's the result of underlying structural problems. when you have a good quarter, like we did in the third quarter of -- the first half of the last year, people, i think, get over exuberant. when you have a bad patch like in the second half of last year, people get pessimistic. right now i think we're in an above-trend period. >> as an investor, would you be selling into some of this euphoria right here? >> i

sourceser telling cnbc tomorrow is the day facebook will run its ipo. so that and the other break in business headlines when "the kudlow report" continues right after this. americans believe they should be in charge of their own future. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ insurance ... but afraid you can't afford it? well, look how much insurance many people can get through selectquote for less than a dollar a day. selectquote found, rich, 37, a $500,000 policy for under $18 a month. even though dave, 43, takes meds to control his blood pressure, selectquote got him a $500,000 policy for under $28 a month. ellen, 47, got a $250,000 policy for under $20 a month. all it takes is a phone call. your personal selectquote agent will a

it was a wonderful moment in cnbc history.tream makes these cool countertop appliances so you can make soda pop at home. who knew they were located here in israel? israel is known all over the world for its high-tech biotech and medical device industries. but this country is also home to one of the hottest products in kitchens all over the world. sodastream. >> we manufacture three million soda makers in the last year. in 2006 we did about 400,000. we do 400,000 in a month now. so something's going on. there's a revolution happening in the beverage world. >> what makes sodastream unique is its location just outside of jerusalem in one of the disputed areas. the company has several assembly plants throughout the world, but it's biggest is in israel. and it is the largest employer of palestinians in the country. one of them told us he's worked in other companies for 15 years. but after being here just one year, he had enough money to buy a house for his family. there are more than 700 employees at this factory. it's one of the l

cnbc's phil lebeau reports. >> reporter: at chrysler's plant in illinois, a reason to cheer. >> it's completely, totally proudly made here in the united states. >> reporter: 1,800 people will be hired as the once-bankrupt automaker adds a third shift to start building the new dodge dart. >> we just added 4,000 since we came out of bankruptcy. let's add more. >> reporter: chrysler is not the only manufacturing hiring. boeing, ge and caterpillar added 25,000 jobs last year. e hiring. boeing, ge and caterpillar added 25,000 jobs last year. debbie johnson in little rock, arkansas, is happy to be on the caterpillar line. >> i think it's a great opportunity for anyone given the opportunity to come here. >> reporter: just as important, some small businesses are putting out the "help wanted" signs. the evergreen supply company in chicago is looking to hire five people. >> we work extremely hard. i felt like the time was right to invest in more personnel. >> reporter: economists see the improvement across the country. >> they were good numbers. we saw broad-based job gains. especially in thin

right here for a first on cnbc interview, right after the break. carfirmation.y hertz gives you a carfirmation. hey. this is challenger. i'll be waiting for you in stall 5. it confirms your reservation and the location your car is in, the moment you land. it's just another way you'll be traveling at the speed of hertz. ay my doctor told me i have an irregular heartbeat, and that it put me at 5-times greater risk of a stroke. i was worried. i worried about my wife, and my family. bill has the most common type of atrial fibrillation, or afib. it's not caused by a heart valve problem. he was taking warfarin, but i've put him on pradaxa instead. in a clinical trial, pradaxa 150 mgs reduced stroke risk 35% more than warfarin without the need for regular blood tests. i sure was glad to hear that. pradaxa can cause serious, sometimes fatal, bleeding. don't take pradaxa if you have abnormal bleeding, and seek immediate medical care for unexpected signs of bleeding, like unusual bruising. pradaxa may increase your bleeding risk if you're 75 or older, have a bleeding cond

you can go to facebook.com/cnbc.ike the page if you haven't already, and you can vote, would you buy shares of facebook? yes or no. very simple. the results and your comments later in the show. also tomorrow i will be live from tdameri trade. i'm not going to be in a bikini. i'm going to be talking to the ceo and also wharton school. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. premier of the packed bag. you know organization is key... and so is having a trusted assistant. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size

first up tonight, cnbc's eamon javers joins me with the details. >> good evening, larry. the obama administration is saying now is not the time for austerity as the president unveiled his $3. billion budget for the fiscal year of 2013. take a look at some of the details of what's in that and you get a sense of where the president's coming from as he goes into this very delicate campaign starting with a 2013 estimated budget deficit of $901 billion. revenues will be up $1.5 trillion over ten years and the bush tax cuts, as you just said larry, those are set to expeer under the president's plan at the end of 2012 and the buffett rule, a 30% tax on income of $1 million or over is also included in this proposal today and of course, the president has been invoking warren buffett a lot on the campaign trail and he did it again today as he unveiled this budget. >> you've heard me say it. warren buffett pays a lower tax rate than his secretary. >> that's not fair. it doesn't make sense at a time when we've got to pull together to get the country moving. >> larry, the key here in

we want to bring in cnbc's john harwin. let's talk about this home state advantage or maybe disadvantage. depending how it all slices down. romney finds himself behind in his home state in michigan. how big a development is that if he can't pull off michigan? >> reporter: lester, this is fascinating. we're about to find out in eight days whether or not mitt romney can use superior resources and negative ads to stop rick santorum's surge as he stopped newt gingrich's earlier. if he can't do that in his native state, we'll know that he is a badly weakened candidate and rick santorum has a real shot at this republican nomination. >> we heard rick santorum and a question of whether he misspoke on the issue of theology. clearly he has strong conservative social viewpoints. that plays well with the base right now. how does that play, though, later on with moderates and independents? >> reporter: well, that's exactly what the white house was trying to call attention to, to hitting back. first they're trying to protect themselves a

stay with cnbc. we've got a great

[ticking] >> welcome to 60 minutes on cnbc. i'm steve kroft. in this edition, we talk with julian assange, the mysterious and eccentric founder of wikileaks, whose website made public thousands of u.s. secrets. and we examine the secret danger behind a type of dust that's killing american factory workers. we begin with wikileaks, a website that publishes classified and suppressed material from whistle-blowers around the world. in the late summer of 2011, wikileaks made news when someone--it's not clear who-- dumped 250,000 unredacted and classified state department and pentagon documents, which had been in wikileaks' possession, onto the internet. when we interviewed assange, he was already under investigation by the justice department for publishing classified material and possible violations of the espionage act. he was also under house arrest in britain, fighting extradition to sweden in connection with two sexual assault cases, which he has called part of a smear campaign against him. in what is still his most extensive television interview

cnbc contributor peter brook bar and analyst at miller taback. all right, peter, you know, it looks like fingers crossed, we have a deal, where's the rally? >> the market's been rallying for months now because of the drop in yields in italy and spain. that's what the market cared about. yes, we focus on greece, but the fear is that it would spill over into italy and spain. we've seen a dramatic reduction in risk appearance in those two countries. so, yes, greece is obviously in the headlines. we hope that there's some resolution. but as long as yields in italy and spain continue to remain somewhat benign relative to where they were, the market's okay with that. >> do you think it's going to be signed up eventually? >> i would say a couple things about this. first of all, i agree with peter's general tone is that this contagion risk coming out of the market is evidence by things like the fall in the vix, fallen correlation. that's been going on since the beginning of january. so for the large part the disorderly european banking leveraging has bee

go to cnbc's facebook page, like the page, vote in our poll.e'll be updating the results throughout the day. and of course you can watch the super bowl as we all will be, the giants versus the pats sunday on the nbc network. >>> up next on "power lunch," mastercard soaring right now. earnings beating the street with shares near a 52-week high, should investors still take a swipe at credit card stocks? or are they too hot to handle? back in a flash. want to protec. right. but... home security systems can be really expensive. so to save money, we actually just adopted a rescue panther. i think i'm goin-... shhh! we find that we don't need to sleep that much. there's an easier way to save. geico. fifteen minutes could save you fifteen percent or more. >>> congratulations if you're holding mastercard. it beat wall street's estimates this morning. visa set to report earnings results next week. shares of the two credit card companies jumping today. and you know they've had a great run during the course of the last year. do they still have room for fu

it has been an exciting day for us all here at cnbc at the nyse.nd myself and our colleagues cut the ribbon this morning to launch our new broadcast set here. we br i think in vice president of technical operations at cnbc and the man behind this enormous project. great to see you. congratulations. >> thank you so much. >> it's such an amazing set the fact that it is post 9. it was a post. and you led this enormous project. you've been working on this for two years. tell us about it. >> it really starts with the team. we done a lot of projects. we've built a lot of sets over the years. i have never been prouder of these guys than tonight. a remarkable achievement for cnbc. on the technology side we hit a lot of things here. there's 17,000 feet of video cable here in the exchange. and between here and englewood cliffs, there's 200 miles of fiberoptic cable connecting us. >> i know the set is -- the lights the l.e.d. lights they are using less energy. there's positive things about the set. >> this uses the same electricity as a window air conditioner

cnbc's john harwood joins us live from detroit. good evening, john? >> reporter: larry, there are some polls that will be open until 9:00 in michigan, as well so we'll have to wait a bit for those results, but we already know this is a very, very close race in michigan. pretty high stakes for the norm nation. my take is that mitt romney wins michigan in arizona he'll be the nominee, and i think he'll be the nominee even if he loses michigan, but it will take longer and much rougher. both went after each other by name and mitt romney singling out rick santorum. mitt romney said he's late to that party. >> i'm glad he ridiculoecognize is a campaign about the economy. it's time for him to focus on the economy and for you to all say okay, if the economy is going to be the issue we focus who has the experience to actually get this economy going again? senator santorum is a nice guy, but he's never had a job in the private sector. >> but, of course, rick santorum makes the argument that it's not only about economic issues. social issues especially those con

welcome back cnbc's john harwood now with all of the details. good evening, john? >> larry, this deal which is now getting bipartisan support, not finely buttoned up according to leaders that i talked to this evening, expected to be passed this week will add to that deficit, so if you're concerned about deficits, i never thought of you as a republican, but this would add $100 billion to the deficit this year by extending that payroll tax cut without paying for it and also it has $50 billion in money for extended unemployment benefits and for remedying the so-called doc fix, doctors who treat patients under medicare from having their fees cut dramatically and those are paid for the pensions and the government spectrum and that sort of thing. this is a deal that's caused some concern among conservatives who care about the deficit above other things because it's sht paid for to the tune of $100 billion, larry. >> it's part of the story and it's a dreary story. many thanks to john harwood in washington, d.c. now president obama headed back out on the campaign trail pro

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big banks or regional banks your hot ones this year and here are the highlights from our guests on cnbc today. >> this is going to be a volatile year still, we have not entered the guts of the election yet, and people are emotional about their money. longer term we are to the edge of a equity bull market, this is still a year of volatility until proven otherwise. >> markets move in stair step functions, we had a big move up, i think we will get a bit of consolidation, sideways move here. >> and people's move here is their risk on train is leaving, and they will miss it and i think that people are piling into those risky assets. i personally believe that is a mistake. i do not think that is the long-term trend that we are witnessing here because we are on the down side of a credit bubble. risk on, risky asset dos not work on the down side of a credit bubble. >> it puts a crimp on growth, it's like a, firm trying to cut their way to profitability. it does not work in the long run. ( >>> airline stocks were particularly strong today, spirit air at an all time high, along with expedia in th

many thanks to cnbc's dreamy bertha coombs.ext up on "the kudlow report," the day 2 story on mitt romney's huge win in florida. will his message switch to spending cuts? how about adopting paul ryan's bold tax reform. and today's flap. does mitt care about poor people? we'll be right back with it all. heartbeat, and that it put me at 5-times greater risk of a stroke. i was worried. i worried about my wife, and my family. bill has the most common type of atrial fibrillation, or afib. it's not caused by a heart valve problem. he was taking warfarin, but i've put him on pradaxa instead. in a clinical trial, pradaxa 150 mgs reduced stroke risk 35% more than warfarin without the need for regular blood tests. i sure was glad to hear that. pradaxa can cause serious, sometimes fatal, bleeding. don't take pradaxa if you have abnormal bleeding, and seek immediate medical care for unexpected signs of bleeding, like unusual bruising. pradaxa may increase your bleeding risk if you're 75 or older, have a bleeding condition like stomach ulcer

we go to washington for cnbc's amman javers. >> good evening.ry moments today for some members of congress and members of the media who received suspicious packages with a powdery substance that law enforcement officials are saying so far has proved not to be dangerous, but law enforcement is also warning that the sender of these packages has said that up to ten united states senators will be receiving a deadly pathogen. so far no evidence of that. take a look at the list of members of congress that we know of. at least so far who have received these packages. senator patrick leahy, patrick toomey, joe lieberman, an independent from connecticut, and house speaker john boehner all receiving these suspicious packages. either in their washington or home district and state offices. also in the media, fox news headquarters receiving a suspicious package. john stewart and steven colbert receiving packages as well, and what we know about this, at least as of reason, larry, is that some of these packages have been postmarked in the pacific morgan stanle