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Feb 20, 2013
02/13
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CNN
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i agree with darren.at's really a pretty average sized person. 250 pounds, that's not excessively large. they need to work on their tables and get adequate facilities to be able to take care and give massages to a person of that size. 250 pounds is pretty average in this day and time, and i agree with darren that 12 jurors may be just as big as she is or bigger. this would be a great case to take to trial. >> quickly, darren, ten seconds or less. if the table did break under her, could she then have sued the massage place? >> maybe, but look, we wouldn't tolerate this kind of bullying
i agree with darren.at's really a pretty average sized person. 250 pounds, that's not excessively large. they need to work on their tables and get adequate facilities to be able to take care and give massages to a person of that size. 250 pounds is pretty average in this day and time, and i agree with darren that 12 jurors may be just as big as she is or bigger. this would be a great case to take to trial. >> quickly, darren, ten seconds or less. if the table did break under her, could...
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Feb 20, 2013
02/13
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CNNW
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darren, let's start with you.ount of money we're talking about here and lavishness if that's a word of the spending. we're talking children's furniture, rolexs here, pretty big. >> i'll go with lavishness as a word to tie it to deadly sins. this is pure unadult rated greed we're seeing here. basically jesse jackson jr. used his campaign accounts as his personal piggy bank for seven years according to the documents 0 file here to the tune of about three quarters of a million dollars. this was for some pretty lavish items. we're talking about the watch, memorabilia from famous folks. i like the bruce lee memorabilia, too. clearly a reality show can't be too far away for this formal power couple. as much as we love to see people fall from grace, we love to see them resurrected. we have not heard the last from this couple. >> the maximum prison time he could get is five years. what is the likelihood he'll see that much and what are the factors involved here? >> i don't think he's going to see a lot of prison time actu
darren, let's start with you.ount of money we're talking about here and lavishness if that's a word of the spending. we're talking children's furniture, rolexs here, pretty big. >> i'll go with lavishness as a word to tie it to deadly sins. this is pure unadult rated greed we're seeing here. basically jesse jackson jr. used his campaign accounts as his personal piggy bank for seven years according to the documents 0 file here to the tune of about three quarters of a million dollars. this...
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Feb 2, 2013
02/13
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KQED
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darren began by asking there's a clear trend in the jobs numbers. >> today's report of 157,000 was a little bit above what the average has been for the previous 12 months, but i think if you look at the whole pattern, we see a job market that's gradually healing. over the last 35 months, our businesses have add 6.1 million jobs. that's moving in the right direction but we have a big hole to dig our way out of because the financial crisis was so deep >> darren: it doesn't look like in the job numbers that the fiscal cliff scared employers from hiring people but that didn't show up. were you surprise bide that? >> i think our economy has been resilient. investment was strong in the fourth quarter, particularly in equipment and software. we're seeing signs that the private sector is healing. it's very important that the government doesn't get in the way, that we don't have any self-inflicted wounds, such as allowing the sequester to indiscriminately cut very important programs >> darren: but the government is raising taxes, cutting spending, the payroll tax cut went away. is that the ri
darren began by asking there's a clear trend in the jobs numbers. >> today's report of 157,000 was a little bit above what the average has been for the previous 12 months, but i think if you look at the whole pattern, we see a job market that's gradually healing. over the last 35 months, our businesses have add 6.1 million jobs. that's moving in the right direction but we have a big hole to dig our way out of because the financial crisis was so deep >> darren: it doesn't look like...
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darren began by asking there's a clear trend in the jobs numbers. >> today's report of 157,000 was a little bit above what the average has been for the previous 12 months, but i think if you look at the whole pattern, we see a job market that's gradually healing. over the last 35 months, our businesses have add 6.1 million jobs. that's moving in the right direction but we have a big hole to dig our way out of because the financial crisis was so deep >> darren: it doesn't look like in the job numbers that the fiscal cliff scared employers from hiring people but that didn't show up. were you surprise bide that? >> i think our economy has been resilient. investment was strong in the fourth quarter particularly in equipment and software. we're seeing signs that the private sector is healing. it's very important that the government doesn't get in the way, that we don't have any self-inflicted wounds such as allowing the sequester to indiscriminately cut very important programs >> darren: but the government is raising taxes cutting spending, the payroll tax cut went away. is that the right
darren began by asking there's a clear trend in the jobs numbers. >> today's report of 157,000 was a little bit above what the average has been for the previous 12 months, but i think if you look at the whole pattern, we see a job market that's gradually healing. over the last 35 months, our businesses have add 6.1 million jobs. that's moving in the right direction but we have a big hole to dig our way out of because the financial crisis was so deep >> darren: it doesn't look like...
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Feb 1, 2013
02/13
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WMAR
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his name is darren long.arren, welcome to the show. >> thank you. >> darren, what was going on right before this video started that started this whole argument? >> you hear the child shriek and i just said, hey -- it's what entailed from that. >> darren, describe in general the situation down there? what are you dealing on on a daily basis? >> i've had people try to sell drugs in here. sell stolen goods. when i first got there, i kicked them off. >> all you drug dealers are staying off this property. >> what is the city doing to curtail this? >> we are supposed to get ten more police officers in this area. >> do you ever fear for your safety? >> i'm always concerned. that's why i have the video. >> don't fwhauk here again or you're going to jail. >> everybody thinks the woman deserved to be tased. >> would you handle this situation the same way? >> oh, she was hitting me. so, yeah, i would tase them. i may have been wrong when i cam back into the mall and was kind of re-estimated the situation. >> what happen
his name is darren long.arren, welcome to the show. >> thank you. >> darren, what was going on right before this video started that started this whole argument? >> you hear the child shriek and i just said, hey -- it's what entailed from that. >> darren, describe in general the situation down there? what are you dealing on on a daily basis? >> i've had people try to sell drugs in here. sell stolen goods. when i first got there, i kicked them off. >> all you...
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Feb 22, 2013
02/13
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WMPT
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darren gersh, "n.b.r.," washington. >> susie: joining us now richard bejtlich. he's the chief security officer at mandiant, that's the cyber security firm working with the new york times and others, to combat recent attacks blamed on hacker groups in china. if he richard, let me begin by picking up on a point that darren brought up in his package there that your report says that companies and countries can be pinpointed of where the source of the attack really came from. can we actually do it that specifically? is that possible? >> it is possible when you have an acter that is so aggressive that takes so much data over a sustained period of time n this case over seven years, 141 companies. you can't apply that to all actor its. but for a case like this you can make that conclusion. >> what advice do you have for companies that are on the one hand trying to make information available to employees and others and they put that information on the i cloud but on the other hand they have to save guard that information and protect it from hackers. what is your advice?
darren gersh, "n.b.r.," washington. >> susie: joining us now richard bejtlich. he's the chief security officer at mandiant, that's the cyber security firm working with the new york times and others, to combat recent attacks blamed on hacker groups in china. if he richard, let me begin by picking up on a point that darren brought up in his package there that your report says that companies and countries can be pinpointed of where the source of the attack really came from. can we...
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Feb 16, 2013
02/13
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WRC
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darren? >> thanks, jimmy. [ cheers and applause ] thanks, jimmy.ape with her name written on top of your old girlfriend's name. even if both their names begin with "k." she's going to see the other letters after "k." also, don't tell your date she can order whatever she wants as long as it's cheap and it won't make her breath stink. [ laughter ] like even if you think that, don't say it. [ laughter ] and finally, at dinner, don't tell your girlfriend that your mashed potatoes remind you of her breasts. [ laughter ] [ audience ohs ] not a compliment, apparently. [ laughter ] whatever. i don't even know anymore. back to you, jimmy. >> jimmy: thank you, darren. [ cheers and applause ] now, folks, i've said it before, but this bears repeating. [ growling ] [ cheers and applause ] finally, the nba all-star weekend kicks off today, and while we don't know what will happen this weekend, we do know that this is what lebron james would look like if his face were turned upside down. >> oh -- everybody has been like, 75% love. >> does that factor in? ♪ [ chee
darren? >> thanks, jimmy. [ cheers and applause ] thanks, jimmy.ape with her name written on top of your old girlfriend's name. even if both their names begin with "k." she's going to see the other letters after "k." also, don't tell your date she can order whatever she wants as long as it's cheap and it won't make her breath stink. [ laughter ] like even if you think that, don't say it. [ laughter ] and finally, at dinner, don't tell your girlfriend that your mashed...
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Feb 20, 2013
02/13
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KQED
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the sequester was designed to be the worst possible alternative, as darren said. but what we're discovering it is the best possible alternative, compared to more tax increases, more spending. so there is not a lot of time between now and march 1 to get an agreement on something where no one has moved towards each other at all. it almost certainly goes into effect. the only question is how long is it going to stay into effect. >> susie: we're going to go into that see sequest, seque, and we're going to have the automatic spending cuts. and we're still going to have a big budget problem. what happens? >> if it stays in effect, you'll be cutting spending by about $85 billion between now and the end of the fiscal year, september 30th. the problem is a lot of people are going to get, as senator simpson just said, maybe the only thing he said i agree with, a lot of people are going to be pretty angry with these spending cuts. because everybody wants spending cuts, but they don't want a particular spending cult. that's what happened in 1996. and $85 billion in spending c
the sequester was designed to be the worst possible alternative, as darren said. but what we're discovering it is the best possible alternative, compared to more tax increases, more spending. so there is not a lot of time between now and march 1 to get an agreement on something where no one has moved towards each other at all. it almost certainly goes into effect. the only question is how long is it going to stay into effect. >> susie: we're going to go into that see sequest, seque, and...
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as darren reported at the beginning of the broadcast, the u.s. government is moving to block budweiser's buyout of grupo modelo. constellation brands is a third company involved. as part of the deal constellation wants to buyout grupo modelo's share of a joint venture the two have. shares fell hard, down 17.4%. it's buyout of the joint venture would double its revenues, something at risk now. facebook shares were heavily traded today after last night's earnings results. but after an early sell-off, the stock was able to erase most of today's losses to end down 0.8%. at least four analysts downgraded the stock after the company reported a big jump in expenses, pinching its profit margins. research in motion also saw big volume, as shares sank 5.8%. it was the second session in a row of selling as the company unveiled its delayed blackberry 10 it's newest smartphone device. there was disappointment though the product won't be available in the u.s. until the middle of march. speaking of smart-phones, wireless semiconductor company qualcomm rallied 3
as darren reported at the beginning of the broadcast, the u.s. government is moving to block budweiser's buyout of grupo modelo. constellation brands is a third company involved. as part of the deal constellation wants to buyout grupo modelo's share of a joint venture the two have. shares fell hard, down 17.4%. it's buyout of the joint venture would double its revenues, something at risk now. facebook shares were heavily traded today after last night's earnings results. but after an early...
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Feb 18, 2013
02/13
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&p3 3 darren o'day is an ooiole fr &p2 more years...why he wanted to staa in baltiiore...neettin all right that's a fifth-floor problem... ok. not in my house! ha ha ha! ha ha ha! no no no! not today! ha ha ha! ha ha ha! jimmy how happy are folks who save hundreds of dollars switching to geico? happier than dikembe mutumbo blocking a shot. get happy. get geico. fifteen minutes could save you fifteen percent or more. 3 little ttstt f what we're &poing thru this morning...when team's sarassta spring training base,temppratures wwreea very maryland-like 36 degrees..like the rest of us, 3 survived.. 3 and the bird also officially annouced that thissguyy relieeer darren o'dayyhad -3 signed a two year, 5.. million millioo doolar connracttwith a in 67 inningg, h struck out 66 hitterr, allowing just 49 hits..his err: a very good 2.22...and the sidearmer sounds happyyto remaan an oriole &p3& 3 cominggoff the monumental winn over uke, thh maryland terrapins are oo their wwy to bostoo this evening..tomorrow, they ake on boston college looking fortheir 19th wwn of 3seasoo.. andd hey'll take to up
&p3 3 darren o'day is an ooiole fr &p2 more years...why he wanted to staa in baltiiore...neettin all right that's a fifth-floor problem... ok. not in my house! ha ha ha! ha ha ha! no no no! not today! ha ha ha! ha ha ha! jimmy how happy are folks who save hundreds of dollars switching to geico? happier than dikembe mutumbo blocking a shot. get happy. get geico. fifteen minutes could save you fifteen percent or more. 3 little ttstt f what we're &poing thru this morning...when team's...
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Feb 1, 2013
02/13
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KQEH
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as darren reported at the beginning of the broadcast, the u.s. government is moving to block budweiser's buyout of grupo modelo. constellation brands is a third company involved. as part of the deal, constellation wants to buyout grupo modelo's share of a joint venture the two have. shares fell hard, down 17.4%. it's buyout of the joint venture would double its revenues, something at risk now. facebook shares were heavily traded today after last night's earnings results. but after an early sell-off, the stock was able to erase most of today's losses to end down 0.8%. at least four analysts downgraded the stock after the company reported a big jump in expenses, pinching its profit margins. research in motion also saw big volume, as shares sank 5.8%. it was the second session in a row of selling as the company unveiled its delayed blackberry 10, it's newest smartphone device. there was disappointment though the product won't be available in the u.s. until the middle of march. speaking of smart-phones, wireless semiconductor company qualcomm rallied
as darren reported at the beginning of the broadcast, the u.s. government is moving to block budweiser's buyout of grupo modelo. constellation brands is a third company involved. as part of the deal, constellation wants to buyout grupo modelo's share of a joint venture the two have. shares fell hard, down 17.4%. it's buyout of the joint venture would double its revenues, something at risk now. facebook shares were heavily traded today after last night's earnings results. but after an early...
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Feb 18, 2013
02/13
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WBAL
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the announce today that they re- signed relief pitcher darren o'day. he appeared in 69 games last season and mystified with his submarine delivery. 4 teams in 7 years. so far, he has some financial security and it makes this the happiest president's day of his life. >> it means a lot especially in business where it can be transient. this is my fourth team. to be at such an exciting point and bringing that traditional successful baseball baltimore means a lot. for them to commit two years to me as a player, it means a lot. >> another move a favorite in the bullpen, not taking part in the world baseball classic, he pitched for mexico in winter ball which just concluded. his decision to skip the world baseball classic making for a smoother transition back to his center -- his winter training. jones will be playing. howard's suspension was lifted after roman one game. he made him sit out teh maryland-duke game. howard will travel to boston and for tomorrow night's game at boston college. he says having to sit out the up set against duke, the biggest win, h
the announce today that they re- signed relief pitcher darren o'day. he appeared in 69 games last season and mystified with his submarine delivery. 4 teams in 7 years. so far, he has some financial security and it makes this the happiest president's day of his life. >> it means a lot especially in business where it can be transient. this is my fourth team. to be at such an exciting point and bringing that traditional successful baseball baltimore means a lot. for them to commit two years...
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Feb 10, 2013
02/13
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MSNBCW
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>> striking fear into others has also landed darren bailey in prison, but he took things beyond the fear. >> oh, man. it was kind of gruesome, man. bodies all found and everything like that. for this area, it's not really easy to walk through. we're not having a typical conversation now. now we're dealing with something more personal. as much as i try to move on, i'm still haunted by that past. >> bailey didn't elaborate on the crimes that got him incarcerated, but with the personal camera our producer let him use, he revealed a violent past in prison as well. >> when i first got sentenced, man, i started stabbing police. you know, i targeted them. okay, well, yeah, i did what i did. okay. and since ya'll want to sentence me excessively, all right, i got pain. so y'all got pain. now we all got pain. >> until recently, bailey's time at indiana state has been marked by violence and outbursts of anger. >> your unit, your [ bleep ], man. your unit. [ bleep ] you. i ran professionally. [ bleep ] [ bleep ] you. i've always thought that you're not going to go home anyway, so why tolerate this [
>> striking fear into others has also landed darren bailey in prison, but he took things beyond the fear. >> oh, man. it was kind of gruesome, man. bodies all found and everything like that. for this area, it's not really easy to walk through. we're not having a typical conversation now. now we're dealing with something more personal. as much as i try to move on, i'm still haunted by that past. >> bailey didn't elaborate on the crimes that got him incarcerated, but with the...
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Feb 12, 2013
02/13
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KGO
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abc's darren rovell investigates. >> reporter: it's the cover you can't stop staring at.ton sailing in the chilly antarctic waters. wait. where's the swimsuit again? this new behind the scenes video shows it all. in the hard-luck magazine business, the "sports illustrated" swimsuit issue is one of the few remaining stars. since 1964, it has generated more than $1 billion for its parent company, time, inc. it's no shock upton is on the cover the second straight year. she's the first to accomplish that feat since tyra banks more than 15 years ago. the 20-year-old so to the, tmz found her in antarctica. publishing photos of the shoot more than a month before the cover was revealed. for years, the "si" swimsuit issue has stood out in the modeling world for two years. they don't defer not waifs that frequent the runway, and they're willing to give the models names. you know them all. brinkley. ireland. mcpherson. upton can join those names. after "sports illustrated" fit her into the 2011 issue at the last minute, she became an internet sensation. first, this dougie dance at a
abc's darren rovell investigates. >> reporter: it's the cover you can't stop staring at.ton sailing in the chilly antarctic waters. wait. where's the swimsuit again? this new behind the scenes video shows it all. in the hard-luck magazine business, the "sports illustrated" swimsuit issue is one of the few remaining stars. since 1964, it has generated more than $1 billion for its parent company, time, inc. it's no shock upton is on the cover the second straight year. she's the...
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Feb 25, 2013
02/13
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CNN
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i see darren shaking his head as -- >> darren, makes me think thaw have a reasonable expectation of safetyt you? >> yeah, well, reasonable minds can differ about this. it actually is, as sunny points out, two legal distinctions going on. first the boilerplate legal blah blah or what lawyers call contract of adhesion. to can often be -- they're often enforced but they can be set aside if it's found that there's unequal bargaining power or they're fundamentally unfair or lack what we lawyers call consideration, which is some bargaining that happens. obviously, when you pull into a parking lot or go to your dry cleaners or go to a sporting event, you don't have the ability to bargain for those terms. but what sunny points out i think will ultimately carry the day is the assumption of the risk, when you make voluntary contact with a known risk like, i don't know, if i step into a boxing ring with mike tyson, i can't complain when he beats me up. >> bunks me in the noggin or -- >> or a fly ball hits you in the face. >> what kind of risks are people assuming when they go to a sporting event? i d
i see darren shaking his head as -- >> darren, makes me think thaw have a reasonable expectation of safetyt you? >> yeah, well, reasonable minds can differ about this. it actually is, as sunny points out, two legal distinctions going on. first the boilerplate legal blah blah or what lawyers call contract of adhesion. to can often be -- they're often enforced but they can be set aside if it's found that there's unequal bargaining power or they're fundamentally unfair or lack what we...
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Feb 22, 2013
02/13
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WUSA
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i'd like for you to meet darren freedman. so nice of you to be here. now what does your company do?ng at home. >> we're a residential real estate company like many others in the area but what we try to do is just bring a different tilt to it. we believe that 70% of everyone who brought and sold -- bought and sold a home last year were under the age of 44. what we're trying to do is connect with that -- that population base. and make sure that we respond to them as quickly as they expect. and social media's a huge component of that. >> people are buying and selling thousands on the internet now. they don't really go to a brick and mortar real estate company do they? they just click. >> what it's about is it's engaging with the population. what we believe is telling a story. what we're trying to do is tell a story about what an amazing place this is to live. and it's not actually about a listing anymore. it's about what it's like to live in a certain type of neighborhood. do you want to know what it's like to live in logan circle in more than 200,000 people have seen that video on the
i'd like for you to meet darren freedman. so nice of you to be here. now what does your company do?ng at home. >> we're a residential real estate company like many others in the area but what we try to do is just bring a different tilt to it. we believe that 70% of everyone who brought and sold -- bought and sold a home last year were under the age of 44. what we're trying to do is connect with that -- that population base. and make sure that we respond to them as quickly as they expect....
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Feb 13, 2013
02/13
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WMPT
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darren gersh, "n.b.r.," washington. waiting for president obama's speech. now despite a cautious day of trading, the dow closed at its highest level in more than five years, and returned to the psychological important 14,000 level. the dow gained 47 points, and the nasdaq lost five, and the s&p 500 up two points. even though the stock market has made dramatic moves, and trading volume today and throughout february has been light. market pros say that's because investors are searching for new reasons to buy equities. there's a chance president obama might give them some tonight in his state of the union address. suzanne pratt has the story. >> reporter: with earnings season winding down, wall street could use some new headlines to chew on. good economic data would be nice. friendly washington politics would also be helpful. tonight's state of the union speech might give investors a clue as to whether that's likely to happen. veteran trader teddy weissberg is hoping president obama will stress the need for bipartisanship but isn't sure that's what he'll hear.
darren gersh, "n.b.r.," washington. waiting for president obama's speech. now despite a cautious day of trading, the dow closed at its highest level in more than five years, and returned to the psychological important 14,000 level. the dow gained 47 points, and the nasdaq lost five, and the s&p 500 up two points. even though the stock market has made dramatic moves, and trading volume today and throughout february has been light. market pros say that's because investors are...
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Feb 8, 2013
02/13
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WMPT
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darren gersh, "n.b.r.," washington. >> susie: more uncertainty today about when boeing's dreamliner will be cleared to fly. the nation's top transportation safety official, is now questioning the testing process used to assess the safety of lithium ion batteries in boeing 787 planes. the national transportation safety board says the f.a.a. has to re-think those tests, because many were based on assumptions that have since proved wrong. battery issues forced the grounding of all 50 dreamliners in service. >> susie: blockbuster earnings from linked-in tonight, and they came in far above expectations. the professional networking site earned $0.35 a share in the fourth quarter, beating estimates by $0.16. revenues also came in higher than expected: up 81% to $303 million. and it was a milestone quarter for membership, it topped the 200 million user mark, adding two members every second. linkedin shares surged after hours, jumping over $12 or 11% from its closing price of $124 a share. the stock went public in 2011 at $45 a share. >> tom: shares of the world's largest video game publisher gai
darren gersh, "n.b.r.," washington. >> susie: more uncertainty today about when boeing's dreamliner will be cleared to fly. the nation's top transportation safety official, is now questioning the testing process used to assess the safety of lithium ion batteries in boeing 787 planes. the national transportation safety board says the f.a.a. has to re-think those tests, because many were based on assumptions that have since proved wrong. battery issues forced the grounding of all...
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Feb 17, 2013
02/13
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CNNW
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but that's exactly what happened to darren and phyllis sudman in philadelphia.den cardiac arrest from a heart condition that usually goes overlooked until it's too late. but there is a way to catch it in time. darren and phyllis sudman had a happy family life until their 3-month-old son simon was found dead in his crib. in the midst of their shock, the sudmans' pediatrician told them get tested. >> get your hearts check because babies don't die. >> they were in for another shock. phyllis was diagnosed with a rare heart problem called long qt syndrome. it could have caused her heart to stop. she had none of the usual symptoms like unexplained fainting, but she unknowingly passed it on to simon. >> once i was diagnosed with long qt syndrome, it can easily be treated. >> after their tragedy, the sudman's started simon's fund to pay for free heart screenings for any child near philadelphia. the fund estimates that sudden cardiac arrest is responsible for up to 15% of sudden infant deaths. it's also the number-one killer of student athletes. >> any time we do a scree
but that's exactly what happened to darren and phyllis sudman in philadelphia.den cardiac arrest from a heart condition that usually goes overlooked until it's too late. but there is a way to catch it in time. darren and phyllis sudman had a happy family life until their 3-month-old son simon was found dead in his crib. in the midst of their shock, the sudmans' pediatrician told them get tested. >> get your hearts check because babies don't die. >> they were in for another shock....
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Feb 28, 2013
02/13
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KQED
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darren gersh reports. >> reporter: whenever they can, republicans point out the sequester cuts add up to about a 2% trim to federal spending. that's why many conservatives say the white house is over- hyping the fall out. and some senate republicans think it would be a good idea to replace the across the board cuts with trims that the president himself picks out. though some conservatives fear that would give the white house too much control. >> i understand those concerns, but let's be clear about the goal here. the goal isn't to hand over congressional authority, it's to make sure these cuts actually happen. and that we don't cut a penny less than we promised the american people we would cut a year and a half ago. >> reporter: the white house position shows no sign of changing, the president insists some tax increases must offset some of the sequester spending cuts. if anything, the white house is actively ratcheting up the pressure. the secretary of education today warned the sequester would eventually cost teachers their jobs, though that might not happen until the next school yea
darren gersh reports. >> reporter: whenever they can, republicans point out the sequester cuts add up to about a 2% trim to federal spending. that's why many conservatives say the white house is over- hyping the fall out. and some senate republicans think it would be a good idea to replace the across the board cuts with trims that the president himself picks out. though some conservatives fear that would give the white house too much control. >> i understand those concerns, but...
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darren gersh, "n.b.r.," washington. >> tom: have you filled up your gas tank recently. it is costing more, a lot more. regular unleaded jumped 15-cents a gallon in a week. the national average is up to $3.54 a gallon. that's the biggest one week jump in nearly two years. and as erika miller explains, prices are expected to continue to climb in the weeks ahead. >> reporter: winter is supposed to be the time of year when gasoline is cheap. but that hasn't been the case lately. prices at the pump have risen 20 days in a row, and so far this month, prices are at the highest level for any february, ever. so why are prices rising so quickly? >> part of the root of that has to do with refinery outages that we've had-- a series of them over the past few weeks, and that has curtailed the production of gasoline, and therefore put upward pressure on gasoline prices. >> reporter: there are also fears refineries will face more interruptions, as they switch from winter to summer fuel blends. it's not just refinery issues pushing prices higher. much of the recent spike in gasoline can
darren gersh, "n.b.r.," washington. >> tom: have you filled up your gas tank recently. it is costing more, a lot more. regular unleaded jumped 15-cents a gallon in a week. the national average is up to $3.54 a gallon. that's the biggest one week jump in nearly two years. and as erika miller explains, prices are expected to continue to climb in the weeks ahead. >> reporter: winter is supposed to be the time of year when gasoline is cheap. but that hasn't been the case...
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Feb 23, 2013
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darren gersh, "n.b.r.," washington. . >> chairman of macroeconomic advisers joins us tonight from st. louis. you have been looking at the sequester and fiscal cliff for man moons, joel. a pay cut for hundreds of thousands federal employees april 1. that sounds pretty substantial. is it, to the economy? >> well, first of all, it's substantial to the people affected, no question about that. in terms of its impact on the economy, we recently did a study that suggested if the sequester goes into full effect march 1, want impact will be to knock .6% off of growth this year. that is if we thought the economy was going to grow at about 2.6% without the sequester, that will be reduced to 2% with the sequester. >> tom: for this year, we're talking $85 billion potentially taken out of the growth of government spending between march 1 and the end of september and a $4 trillion budget. proportionally for median household income that's the equivalent of $1,000 out of a $50,000 income being taken out. how can that impact economy so much? >> well, it's-- it amounts to something like an 8% cut in the
darren gersh, "n.b.r.," washington. . >> chairman of macroeconomic advisers joins us tonight from st. louis. you have been looking at the sequester and fiscal cliff for man moons, joel. a pay cut for hundreds of thousands federal employees april 1. that sounds pretty substantial. is it, to the economy? >> well, first of all, it's substantial to the people affected, no question about that. in terms of its impact on the economy, we recently did a study that suggested if the...
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Feb 16, 2013
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darren gersh, "n.b.r.," washington. >> tom: it's a street fight, wall street style, over nutritional supplement company herbalife. two of wall street's best known hedge fund managers are on very public, but opposite sides of the trade. the war of words has meant some big swings recently in herbalife shares. ruben ramirez reports on a battle that's being played out in what's typically a very secretive industry. >> reporter: hedge funds typically take big positions in companies and are very careful not to disclose what they're buying or selling. but the battle between hedge fund giants carl icahn, who now owns 13% of herbalife's shares and bill ackman who has a billion dollar short or bet that herbalife shares will fall is taking a nasty turn. >> a number of other hedge fund managers have gone public with shorts especially when they claim that something wrong is going on at a company. what's different in this case is that icahn also came out and was very vociferous and said, "oh no, this is a wonderful company and bill ackman doesn't know what he's talking about." it's very rare to see
darren gersh, "n.b.r.," washington. >> tom: it's a street fight, wall street style, over nutritional supplement company herbalife. two of wall street's best known hedge fund managers are on very public, but opposite sides of the trade. the war of words has meant some big swings recently in herbalife shares. ruben ramirez reports on a battle that's being played out in what's typically a very secretive industry. >> reporter: hedge funds typically take big positions in...
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Feb 20, 2013
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darren gersh digs deeper. >> reporter: in housing, one month does not a trend make. analysts shrugged off the news that housing starts fell last month, instead looking to encouraging trends on home prices, rents, and overall demand. >> there are gonna be these squiggles, blips in the market as things happen, just because they happen from month to month- - snow storms, weather, holidays, whatever, but right now we are in a recovering market. >> reporter: overall, homes sales are up more than 10% over last year. and builders are picking up the pace. they are now on track to build around 900,000 homes this year, but by the end of the year, the national association of realtors expects the pace to pick up to an annual rate of 1.1 million starts. that's great, but keep in mind a normal year for home construction is closer to 1.8 million. the outlook for apartments and other multi-family construction is also good, even though those starts dropped last month. rents rose 4.5% last year and researchers at zillow expect a similar increase this year. that's why investors are pou
darren gersh digs deeper. >> reporter: in housing, one month does not a trend make. analysts shrugged off the news that housing starts fell last month, instead looking to encouraging trends on home prices, rents, and overall demand. >> there are gonna be these squiggles, blips in the market as things happen, just because they happen from month to month- - snow storms, weather, holidays, whatever, but right now we are in a recovering market. >> reporter: overall, homes sales...
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Feb 6, 2013
02/13
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darren gersh, "n.b.r.," washington. >> tom: have you filled up you gas tank recently. it is costing more, a lot more. regular unleaded jumped 15-cents a gallon in a week. the national average is up to $3.54 a gallon. that's the biggest one week jump in nearly two years. and as erika miller explains, prices are expected to continue to climb in the weeks ahead. >> reporter: winter is supposed to be the time of year when gasoline is cheap. but that hasn't been the case lately. prices at the pump have risen 20 days in a row, and so far this month, prices are at the highest level for any february, ever. so why are prices rising so quickly? >> part of the root of that has to do with refinery outages that we've had-- a series of them over the past few weeks, and that has curtailed the production of gasoline, and therefore put upward pressure on gasoline prices. >> reporter: there are also fears refineries will face more interruptions, as they switch from winter to summer fuel blends. it's not just refinery issues pushing prices higher. much of the recent spike in gasoline can
darren gersh, "n.b.r.," washington. >> tom: have you filled up you gas tank recently. it is costing more, a lot more. regular unleaded jumped 15-cents a gallon in a week. the national average is up to $3.54 a gallon. that's the biggest one week jump in nearly two years. and as erika miller explains, prices are expected to continue to climb in the weeks ahead. >> reporter: winter is supposed to be the time of year when gasoline is cheap. but that hasn't been the case...