and later in the show, a rare conversation with david stern.eparing to step down from his three-decade run as nba commissioner. >> you do what you have to do. almost certain that there will be some crisis. to combine solar and natural gas at the same location. during the day, we generate as much electricity as we can using solar. at night and when it's cloudy, we use more natural gas. this ensures we can produce clean electricity whenever our customers need it. ♪ >>> welcome back to "unguarded," where we've been talking to richard sherman. after the nfc championship game, sherman managed in just 20 seconds to shake up our collective ideas of sportsmanship and stereotypes. but in this exclusive interview with cnn, sherman reveals the long and unconventional path that got him to that postgame interview. a path with him saying no to the gangs that crowded his compton los angeles neighborhood. ♪ you had the choice to go either way early on. did you consciously think when you were a kid, i can join a gang, did you mull it over? >> there was always t

and later in the show, a rare conversation with david stern.eparing to step down from his three-decade run as nba commissioner. >> you do what you have to do. almost certain that there will be some crisis. the old dining table at 25th and hoffman. ...and the little room above the strip mall off roble avenue. ♪ this magic moment it is the story of where every great idea begins. and of those who believed they had the power to do more. dell is honored to be part of some of the world's great stories. that began much the same way ours did. in a little dorm room -- 2713. ♪ this magic moment ♪ where their electricity comes from. they flip the switch-- and the light comes on. it's our job to make sure that it does. using natural gas this power plant can produce enough energy for about 600,000 homes. generating electricity that's cleaner and reliable, with fewer emissions-- it matters. ♪ >>> welcome back to "unguarded," where we've been talking to richard sherman. after the nfc championship game, sherman managed in just 20 seconds to shake up our collec

when david stern took over, it was more like a commissioner as you think of it. making sure everybody stayed in mind. but now, the league is a media property. that means it is a ceo job. you have to be managing, merchandising, marketing. the first thing silver is going to have to do is negotiate new national tv deals that will be worth more than $1 billion per year. >> david stern led quite a legacy with the way he dealt with the players union. there was a five-month lockout. >> stern puts over in charge of that as an opportunity for him to step up and be in front of the owners more. when it became apparent that silver was going to be the next commissioner, the owners asked for more time with them. they wanted to hear him speak in his voice. that is really when he did it. they basically won that negotiation. they extracted a pretty big cut in the share of revenue that goes to the players. that won him the final approval of the owners. they voted 30-0 to make him the next commissioner. >> he was also in attendance last night in london. he talked about succession.

it is based running success for david stern. what a success. ♪ >> a busy friday morning.rlet fu and michael mckee with me. robert albertson with us from sandra o'neill on the state of american banks. islet's take a look at what happening in bangkok. dozens of people wounded. thrown into device a truck carrying government protesters. they want the country's february 2 election to be postponed. rising in the u.k.. forecasts increased 2.6%. it was the strongest december since the government began tracking sales in 1996. earl weaver paid for the orioles. planning to use replay to correct missed calls. each manager can challenge one call per game. if they get it right to they can get a second challenge. >> let's get to morgan stanley. the stock is trading higher in the premarket. ofis after it reported a lot messy one-time items in its fourth quarter and orders. -- fourth-quarter numbers. whether it is the tax benefit or legal reserves, earnings per share are up 15% that are up $.15. a $.2 billion in fourth-quarter revenue, the consensus was for $8 billion. incomes, commoditie

a few weeks left until nba commissioner david stern is stacking down. transition, coming up next. chuck e cheese gets a little boost. what will it do for mom and dad, how will they keep those guys happy? ♪ >> it is 26 minutes after the hour, bloomberg is "on the markets." let's take a look at where stocks are trading, a next market. people are looking at earnings, not necessarily liking what they see. stocks like ge, morgan stanley, intel, ubs, coming out and disappointing investors in various ways. a couple other movers for you, twitter is one of them, up. today news thatboost on staple necklace initiate coverage. that an analyst initiated coverage. following then most since august after its parliamentary second-quarter results fell short of estimates. the company said its results were hurt by weak holiday sales. we will be back in 30 minutes. ♪ hi. i'm henry winkler. and i'm here to tell homeowners that are 62 and older about a great way to live a better retirement. it's called a reverse mortgage. [ male announcer ] call right now to receive your free

one-on-one with david stern.epares to pass the torch after 30 years as head of the nba. >> the brooklyn nets faced off against the atlanta hawks here in london last night, taking their rivals down 127-100. ryan was there. >> brooklyn nets are on the road. but this is no ordinary away game. nets are facing off against the hawks. it's a home game for atlanta, only it's in london. it's the national basketball association's eighth ever regular season game in england, it's the latest arduous step to take the franchise global. >> we looked at some of the assets that we had. brooklyn itself, 150 nationalities, a global brand, and now we're at the point where we want to further leverage it and monetize t. >> the nba is already going global. the nets' owner is russian. one of the nets players is -- >> from russia with love. >> two others are from europe scommarbgts roster includes a german, a mexican, and the league's first macedonian. >> i didn't know in america there were so many macedonians. >> kevin garnett may be the

"bloomberg businessweek" with nba commissioner david stern. >> how to manage an enterprise that continues to grow. every successful corporation has to deal with that because they are going to have so many markets crawling out for so much development -- that -- so much development. we had that when we were 24 and now when we are 1200. >> we will see what happens on february 1. >> i feel like i have some chuck e. cheese all over me now. we are in different parts of the newsroom. best buy plunging nearly 30% as the giant faces intense competition from online retailers such as amazon.com. joining me now to discuss what happened down what's ahead is ronnie moas founder of standpoint research and craig johnson, president of customer growth partners. what happened at best buy? >> it's a company with a great history and a great future. the present is not so good. it's a very competitive industry. margins are tiny and it is not managing the business that well right now. it is suffering from what we call the tear any of the installed base. these giant behemoth stores that they need maybe half the s

david stern denounced the trip and rachel nichols told our team sterns thinks money did play a role. >> i had the opportunity to ask david stern when he was a guest on "the situation room" with wolf blitzer why a guy like charles smith would take this smith. we know charles is a different guy than dennis rodman who tends to do this thing. we wouldn't expect this from charles. he said, look, i think the guys were blinded by the payday. i know that was the topic at the end of the conversation with charles smith and i do think money was a factor. >> others using diplomacy think it was a bad idea. charles smith painted it as a success. yesterday i asked hamer kareem abdul jabbar what he thought. >> i think it certainly back fired on them. i don't think they could have known, so much isn't known about north korea. it's a very unpredictable place. the leadership there can do some bizarre thing. caution is usually the best way to approach situations like that. when you have no idea of what's going to happen, it's usually a wise thing to do to stay away from those situations. >> a group of p

after a record breaking 30 years, nba commissioner david stern has fined mark cuban for the last timeer to adam silver. >> mark cuban has been doing nothing but singing your praises. >> that's because he's sharpening his knives for adam.

after a record breaking 30 years, nba commissioner david stern has fined mark cuban for the last timeilver. >> mark cuban has been doing nothing but singing your praises. >> that's because he's sharpening his knives for adam.

, my -- i didn't do my due diligence with the trip, and i would like, you know, to apologize to david stern, the nba. my supporters, my fans, and americans out there that i did not know the politics of north korea. >> you know, kenny does these camps year-round. he does them around the world. he does them in south florida. travels around the world, and he just -- he goes to play basketball. i mean, that's kenny as a person. anybody that knows kenny, that's what he's about. >> but you're his agent. i mean, did you also know nothing about north korea, about the regime? >> well, i knew nothing about kenny going to north korea. >> would you have stopped him? >> i would have stopped him, correct. i would have, yes. i didn't know, i actually found out that he was -- the last tweet i saw from kenny was wheels up. and then i, you know, started scrolling up his twitter, and i noticed that he was out of the country. so then i saw it on the news, that kenny anderson was part of the -- >> people were sort of laughing the first time dennis rodman went out there and couldn't really make much of what he w

the nba commissioner, david stern, is agreeing and saying in a statement that he released, the nba isnvolved with mr. rodman's trip and would not participate or support such a venture without the approval of the u.s. state department. although sports in many instances can be helpful in bridging cultural divides, this is not one of them. the man behind the mike, chris cuomo, joining me live now. i'm speechless. it takes a lot. >> it is a little embarrassing to watch. clearly, the intention is not to get into a joust with dennis rodman. i don't have that much interest. i don't think he deserves the relevance, with all due respect. i did feel for the man he was mentioning. a lot of them do a lot of good things and they have good intentions here. charles smith spoke up during the interview. i'm a knick fan and a fan of his work. for all the good that cultural exchange can do, this game has been spun as a birthday present to the ruler. it is being played on his birthday. that changes the dynamic of what a cultural exchange is. it changes the dynamic of what it says about the ruler. there,

. >>> by the way, the nba commissioner, david stern, will join us live during the 6:00 p.m. eastern hour in "the situation room." we'll talk about dennis rodman, nba players in north korea right now. david stern will join us live. >>> moving ahead on unemployment, the senate voted to at least start the debate on benefit extensions, but will they really get anywhere as far as the bill is concerned? or will this become a major campaign point for the midterm elections? gloria borger standing by, live. ♪ humans -- even when we cross our "t's" and dot our "i's," we still run into problems. that's why liberty mutual insurance offers accident forgiveness with our auto policies. if you qualify, your rates won't go up due to your first accident. because making mistakes is only human, and so are we. we also offer new car replacement, so if you total your new car, we give you the money for a new one. call liberty mutual insurance at... and ask us all about our auto features, like guaranteed repairs, where if you get into an accident and use one of our certified repair shops, your repai

we're going to talk about outgoing in be a commissioner david stern.y were talking about the brooklyn nets. we will hear what he had to say. the nba is taking bitcoin. >> i think we should start taking it. >> what? >> we are not going to. ♪ >> welcome back. we have earnings up from ups coming up earlier than expected. ups is cutting their earnings for the year. they thought they would come in at four dollars and $.50 -- $4.50. -- they seeing they are are seeing higher costs. >> that is a big problem. >> we talked a lot about that. >> you were upset because you did not get some of your stuff on time. >> i know people who ordered things late and they arrived after christmas. that does not do a whole lot of good then. these numbers, they reflect those problems. >> you have to wonder with amazon, today push back and say ups, you have to eat some of the cost of us refunding the cost of presence going out? >> that is what they offer to their customers. did u.s. -- ups have to be responsible? >> that is a tricky thing to balance. it failed. they have to figur

>> as david stern was saying a lot of good can come out of sports diplomacy.en it personally and i have seen how the nba can play the role. i'm not sure this is an example of that. rodman has been on his own. there is a lot of buffoonery here. overall i think the problem is it turns it into a kind of dennis rodman reality program. what is really going on in that country, the reality for 23 million people is pretty awful. >> it is pretty amazing when you think about the approximaty that these players will have to kim jong-un, the leader of north korea, when they come back and let's say they are debriefed by your former colleagues at the state department will they have useful information? >> it is possible. sometimes people who have no idea what they are picking up can tell you something that is interesting. i certainly don't rule out that possibility, maybe not so much from dennis rodman based on the interview but maybe other people who are with him could have interesting thoughts and insights. >> why would they keep kenneth bae? what is the point? >> you know,

. >> here is what david stern had to say, "the nba is not involved with mr. rodman's north korea trip and would not participate or support the venture with the support and approval of the u.s. state department." from basketball diplomacy to hockey wisdom. fighting in the nhl is soon to be a thing of the -- a thing of the past. coming up next right here on "lunch money." students are taking advantage of the snow in china. the ice and snow festival holds the snow sculpture festival in one million people are expected to visit.♪ >> something you don't see every day, steve cohen talking about insider trading. we are bringing it to you as a trial for halloween -- a trial for a former sec employs getting underway. the document tree includes never before broadcast video -- documentary includes never before broadcast video. >> that is not the way it is explained to me. it is very vague. it is an interpretation of the law. >> you can watch the episode on pbs.org. >> what is really important about what he said is the word "interpretation." the reason executives don't na

we saw dennis rodman take a group of nba players and i thought david stern put it nicely saying, quotemany instances can be helpful in bridging cultural divides, this is not one of them. what did you think? >> i thought it was bizarre. i thought it was bizarre. dennis rodman essentially aligning himself with someone that's a dictator and considered an enemy of the state. >> when have we ever seen dennis rodman not being bizarre? what he had to say i would blame cnn more than him because you don't have to air that stuff. >> if he wasn't going over there putting himself in that position, nobody would be asking those questions. >> i think there's a responsibility on the player to be -- to understand the situation. it's such a high stakes situation, the tensions between the united states and the north korea. he has to be more responsible how he's trying to capitalize on this. >> we've seen players who made money toward the end of their careers, sell out their bodies. now it seems like some of them are selling out their political beliefs as well because they need the cash. >> or maybe he be

. >> here is what david stern had is not involved with mr.man's north korea trip and would not participate or support the venture with the support and approval of the u.s. state department." from basketball diplomacy to hockey wisdom. fighting in the nhl is soon to be a thing of the -- a thing of the past. coming up next right here on "lunch money." students are taking advantage of the snow in china. the ice and snow festival holds sculpture festival in one million people are expected to visit. ♪ >> something you don't see every day, steve cohen talking about insider trading. as ae bringing it to you trial for halloween -- a trial for a former sec employs getting underway. the document tree includes never before broadcast video -- documentary includes never before broadcast video. >> that is not the way it is explained to me. it is very vague. it is an interpretation of the law. episode onwatch the pbs.org. important really about what he said is the word "interpretation." the reason executives don't nail these details is because there are no

- "business week," outgoing david stern and incoming to mr.dams. ♪ >> good morning. our twitter question of the day, should u.s. cap banker bonuses? it is a big debate right now. >> i'm sure we will get nice responses on that, to say the least. good morning, "bloomberg surveillance." i'm tom keene with michael mckee and scarlet fu. top headlines. ofin egypt, after two days voting, the constitution the fourth by the new government, approved by more than 90% of the voters, a big victory for the military and his plan to restore democracy to the country. part of entry elections will be next. new car sales in europe surging 13% last month, the biggest monthly gain in a must for years. give credit to price cuts to the automakers. here is why it is important. even with a december game, auto sales in europe fell 1.8% last year. the lowest in 18 years. baseball has its first $200 million pitcher. him toeles dodgers sign a seven-year, $215 million deal. the 25-year-old left-hander has already won two cy young awards. he made his debut with the team at 1

if you look at one of the big theerences, as david stern, commissioner of the nba for the last three, he has been desperately trying to take it global. in order to do that, you have to do two things, like last night taking the team to london, but you also have to bring international donors to the homeland, if you will. if you look at the premier league and look at what he did in bringing chelsea not just to russia but the crime air lead to the entire world, the nba has an indian owner recently joined. mark barton, --mikhail prokhorov nets, is thee first foreign owner. that is because the business model for the premier league is that much more attractive. he says he does not want to sell out. >> the premier league rewards the top teams economically and in their ability to move on and play in the champions league and other competitions. it's different. >> sponsors names on jerseys. there's a whole lot of ways to make money. in some ways that attract capitalists because if you own one of the bigger and better teams, you can do extraordinarily well and perpetuate that gulf between the to

"numbered as this week" -- "bloomber gbusinessweek" with nba commissioner david stern.manage an enterprise that continues to grow. every successful corporation has to deal with that because they are going to have so many markets crawling out for so much -- so much -- that development. we had that when we were 24 and now when we are 1200. >> we will see what happens on february 1. >> i feel like i have some chuck e. cheese all over me now. parts of theferent newsroom. best buy plunging nearly 30% as the giant faces intense competition from online retailers such as amazon.com. joining me now to discuss what happened down what's ahead is ronnie moas founder of standpoint research and craig johnson, president of customer growth partners. y?at happened at best bu >> it's a company with a great history and a great future. the present is not so good. it's a very competitive industry. margins are tiny and it is not managing the business that well right now. it is suffering from what we call the tear any of the installed base. these giant behemoth stores that they need maybe hal

. >> david stern told cnn that money motivated the trip. >> they were blinded by the payday. ♪ happy trip featured many odd moments and profanity laced interview with chris cuomo. the outburst igniting a firestorm of criticism after rodman's seeming justification for kenneth bae's prim izenment. >> do you understand what he did? >> you tell me. >> reporter: rodman later apologized for that comment and the whole episode. as rodman heads home, the debate over the trip's purpose continues while the safety and future of detained american kenneth bae remains uncertain. >>> and rachel nichols is joining us now. rachel, the money, they say they're not getting money from north korea, per se, but obviously someone's paying for these trips. somebody is paying them, right? >> yeah, actually, it seems two someones are paying them. there's an irish gambling brokerage called paddy power that initially was sponsoring this trip. they were doing it because they thought they would get a lot of good, free publicity out of it. ha ha, when they realized they were getting only bad publicity they pulled ou

we know david stern and the nba commissioner is almost finished. i'm curious would you want the job? >> no. i don't ever want a real job. i will be in a couple of weeks. i never had a real job. let me say this about commissioner stern. i faced his wrath five or six times for doing stupid stuff. he's an amazing man. he came into the nba the same year together. as he leaves 30 years later, the average salary is $5.5 million. we are a global game. we have hundreds and hundreds of countries. he has done a remarkable job. to look in the 80s, they looked at the pseudo, a bunch of thugs doing drugs and blah blah blah. they started the ripple effect and michael jordan took it to a new level. you have kobe and lebron and those guys. what he has done, like i said, they take the average salary of 400 players in the nba. you take the average salary from $250 thousand thousand to 5.5 million is remarkable. >> the one thing if change it, what would it be? >> for kids to stay in college longer. i think we bring a lot of guys who were not mentally or physically re

david stern as well as the president of the nba association they have come out and condemned rodman'strip and anyone participating in it. >> i understand rodman. i don't understand charles smith really smart, really dialed in. >> that's why charles smith was supposed to be the spokesperson, and it was dennis rodman jumping in with this fight with chris could yocuomo. >> despite fracking, chemicals might be effecting the city any way. >>> and the scavenger hunt, who is behind this, could it be the c.i.a.? >> every sunday night, join us for exclusive... revealing... and surprising talks... with the most interesting people of our time... >> as an artist you have the right to fail... that's a big right to have >> his work is known across the globe. but little is known about the gorilla artist behind the glasses... we turned the camera on the photographer shaking up the art world. >> 2... 1... that's scary jr... >> talk to al jazeera with jr only on al jazeera america real reporting that brings you the world. giving you a real global perspective like no other can. real reporting from aroun

smith rejected claims by nba commissioner david stern that there had been blinded by north korean dollarst. i think i'm a student to understand the dynamics, especially checking monetary dollars from north korea. we did not get paid for north korea at all. >> ♪ >> he also rejected media allegations that they had been treated to a luxury lifestyle in north korea together with wild parties, smith said they had eaten and been treated quite simply. smith said he believed it was unfair that the media had focused on political aspects of the trip, insisting that the basketball players were sportsmen, not politicians or diplomats. he also described rodman who had a verbal outburst in a cnn interview last week as a passionate man who had a great heart but does not always express himself well. smith did not indicate that either he or rodman had talked to north korean leaders about imprisoned korean-american missionary. they imprisoned him to 15 years prison for what they say was an effort to topple the regime using religion. it is not clear what rodman has been doing in north korea over the weekend

i had the opportunity to ask david stern when he was a guest on "the situation room" with wolf blitzer guy like charles smith would take this trip since we know that charles is a different guy than dennis rodman who tends to do this sort of thing. we wouldn't expect this from charles. he just said, look. i think these guys were blind by the payday. i know that was the topic of the end of your conversation with charles smith and i do think that money was a factor. >> rachel nichols, thank you so much. >>> you know what? it's noah's arc like you've never seen it before with millions of dollars, an all-star cast. this isn't the only bible tale hollywood wants to turn into a blockbust he. your hotel. adore the pool at anna, your hotels have wondrous waffle bars. ryan, your hotel's robes are fabulous. so i'm choosing all of you with hotels.com a loyalty program that requires no loyalty. you wouldn't have it she any other way.our toes. but your erectile dysfunction - it could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be

. >> reporter: nba commissioner, david stern, told cnn that money motivated the trip. >> they were blinded by the payday. ♪ happy birthday to you >> reporter: rodman's visit featured many bizarre moments. and his profanity-laced interview with "new day's" chris cuomo. >> i don't give a rat's [ bleep ] what you think. >> reporter: seeming justification for kenneth bae's imprisonment. >> if you understand what kenneth bae did. >> what did he do? you tell me. >> reporter: rodman later apologized for that comment and the whole episode. as rodman heads home, the debate over the trip's purpose continues. while the safety and future of detained american kenneth bae remains uncertain. an anna coren, cnn, beijing. >>> thousands of protesters in bangk bangkok, thailand, bringing daily life to a stand still. we explain what is behind the growing political unrest. >>> and two years after u.s. troops left iraq, things now getting worse for iraqis in many ways. my co anchor, michael holmes was there during the height of iraq's bombings. he is now back in baghdad, reporting on more atrocities. here's his

but look, the nba commissioner, david stern, he said in his own words, there are many ways that basketball work to help situations. this is not one of them. >> and chris, i've got to ask you this final question here. you obviously have the ear of dennis rodman, you guys get into this heated exchange. are you going to follow up. are you -- call it a beer summit, what you will, are you going to try to reach out after this game and get some sort of feedback, the down-low on his visit? >> reporter: what are you, playing me, suzanne, trying to get me into it with dennis rodman? he would kill me. do you see the size of that guy? did you see how angry he was? thank god it wasn't in person. i don't know what i would look like right now. for him to get that fired up, i don't know what it takes. as you well know, you're very seasoned at the craft of interviewing. you are not going to get upset no matter how i am toward you unless i cross a really bright line of offensiveness towards someone else or yourself. so it's easy for me to stay calm in that. because what matters to me is not dennis rodman. i

and rachel also caught up with david stern to talk about his, of course, last season as the nba's commissionerthat should be another great interview. >> comes full circle, back to justin bieber. a lot of people yesterday when bieber was busted were saying, shouldn't we be calling him a thug? >> very true. >> so, richard sherman has some interesting points on race there, for sure. andy scholes, good to see you. >>> all the top headlines, what you need to know for the day, including the latest on the deadly weather. tens of millions of you waking up to bitter cold. r giant idahoo truck is still missing. so my dog and i we're going to go find it. it's out there somewhere spreading the good word about idaho potatoes and raising money for meals on wheels. but we'd really like our truck back, so if you see it, let us know, would you? thanks. what? ♪ every now and then i get a little bit tired ♪ ♪ of craving something that i can't have ♪ ♪ turn around, barbara ♪ i finally found the right snack ♪ [ female announcer ] fiber one. >>> deadly winter weather across the country, millions waking up to ice-co

. >> what was it that david stern of the nba said about this? >> he wasn't happy about it. >> yeah. he said it was not a true cultural exchange. sports can be great for cultural exchange. this is not one of those instances. >>> in the oscars race, after a night of surprises at the "golden globes," did you miss it? are you asleep? "american hustle" winning three statues, including best comedy, best actress in a comedy for amy adams, and best supporting actress for jennifer lawrence. >> there she is. >> cate blanchett also picking up a globe foreher turn as the title character in "blue jasmine." "12 years a slave" won best drama, but the male acting award went to two other films, leonardo dicaprio won for his role as a crooked stockbroker in "wolf of wall street." matthew mcconaughey won as well. "gravity" picked up best director. and "breaking bad" and "brooklyn 99" in tv getting awards for best series and best actor honors for brian koran stan and andy sandberg. >> now, this happened very late last night, a little too late for us early-morning people, but one of the things i noticed

. >> reporter:.but n-b-a commissioner david stern says they weren't thinking about the political ramifications a big payday. >>"you know, dennis will be dennis, but i think there is a lot at stake here in terms of a country that.a very >> reporter:.something the family of kenneth bae knows all too well. >>"this isn't some game. this is about a person's life. father of three, a son and a brother and a husband." >> jacqueline: here is in two of the satellite picture with a storm up to the north and the sebring some of it as she into northern california. but here is the tale of the system right here. we could seek a little bit of land right here. it should taper off by 10:00 in the morning. and for thursday, clear in the afternoon and a little warmer as well. some rain and the weekend. i will have more on that coming up! >> pam: next. >> pam: what happened when a homeowner comes face to face. with a man who he says tried >> pam: then. pictures from the scene. where reality star honey boo boo was involved in a crash. ♪ i wish i was made of money. i wish you were too. chances are, you're not made o

i didn't do my due diligence with the trip, and i would like, you know, to apologize to david stern ofa, my supporters, my fans and americans out there that i did not know, you know, the politics of north korea. >> wow. anderson said once he got to north korea, he had no choice but to participate and shake kim jong-un's hand and now is apologizing to his family and friends and everyone who looked up to him. he said that was all a mistake. >>> coming up, google is already all over your computers and smartphones. now it's getting a piece of your house! the big buyout that will get google into the thermostat business. it's "money time," next. life could be hectic. as a working mom of two young boys angie's list saves me a lot of time. after reading all the reviews i know i'm making the right choice. online or on the phone, we help you hire right the first time. with honest reviews on over 720 local services. keeping up with these two is more than a full time job, and i don't have time for unreliable companies. angie's list definitely saves me time and money. for over 18 years we've helped

so david stern, the nba commissioner, sent us this statement.'m going to read it to you, quote, although sports in many instances can be helpful in bridging cultural difficult 1r50 divides, this is not one of them. >>> the first big political battle of the new year begins this hour as the senate holds a key vote on extending unemployment benefits. dana bash is in washington for us. hello. >> carol, we have no idea how this vote is going to end up. it is a nail biter. we'll have more on why that is so after the break. hey guys! sorry we're late. did you run into traffic? no, just had to stop by the house to grab a few things. you stopped by the house? uh-huh. yea. alright, whenever you get your stuff, run upstairs, get cleaned up for dinner. you leave the house in good shape? yea. yea, of course. ♪ [ sportscaster talking on tv ] last-second field go-- yea, sure ya did. [ male announcer ] introducing at&t digital life. personalized home security and automation. get professionally monitored security for just $29.99 a month. with limited availabilit

i thought when that happened that david stern, the commissioner on the nba was going to find a way to. has it surprised you that jason collins hasn't been sign snd. >> in a lot of ways i think it has. wu i don't think he would want to be signed by a team because he's gay. he's an athlete too. i think part of the problem is it's a conversation. there's a luxury tax issue. he's 35 years old. he's been with 12 different -- six different teams in 12 years. i do think that all of the sports leagues are doing a lot to make their locker rooms more conducive to this. >> i remember when he came out i think it was mike pesca from npr was on the show and he told us he looked back at players who are jason collins size and age and in relatively good health and he found 16 who were unsigned fre agents, all 16 of them ended up on a team next year. i'm pretty sure basically there was a sound statistical basis to expect that somebody like jason collins would get signed by a team. do you think there's an element of teams looking at this saying yobt know, we're not comfortable with him in the locker roo

. >> is it fair for the commissioner to come forward, david stern, and say i know why these guys went >> i don't think it's fair because, you know, we've been -- you know, we've been basketball players after basketball player life goes on, you still have to do what you can to provide for your family. and i don't think it's fair, you know. but everyone is entitled to their opinion. you know, i'm sure the nba wanted to try to disassociate themselves from us, so, you know, he's entitled to his opinion, but i definitely don't think it's fair. >> eric floyd known as sleepy from his playing days. he was over there with you. you know him obviously. he was going to come on the show this morning. it's too upsetting for him to come on. he was ready to come on but he said this has been so hard, so humiliating in a way that he didn't want to come on television and give the wrong impression. how difficult was this for some of you guys to deal with the outcry and deal with the situation on the ground there being in such a place where you had to be careful about what you said? >> it was extremely di

smith & wesson and stern ruger moved higher. david: good news for the stocks.ociety. pandora, pandora is up nicely again. >> new high ben. up over 220%. pandora at consumer electronics show in las vegas will continue to work with cars, automobile makers, and advertising and with that growth potential that is giving pandora a pop. david: we have to talk about a down stock. jcpenney is down about 8%, right? >> they're so pleased with their holiday sales. [closing bell ringing] they won't reveal numbers to analysts which makes analysts nervous. david: nicole petallides at new york stock exchange. thank you very much. the bells are ringing on wall street. let's look how all the stocks are finishing up. we've been worse today. still a down market t was not a good idea to four out of five days of 2014 be down, so be it. although look at this nasdaq pulling out a slight gain. all the other indexes in the red however. the dow jones industrial earlier, just about an hour ago was down triple digits. so it has recovered somewhat. looks like there are more buyers coming in

robbie ludwig, our own david asman and diva moms.com founder, liz sterns.rt with the first rule, don't let children experience risk. liz, what do you think? >> i think they have to take risks. if children don't take risks they will be, they will be bored and fall apart and not no sometimes when you fall you can get up. children need to take risks. >> rob business, we're just trying to protect them. >> how can you protect them from risks? they're going to school. they're around other children. they will have teachers. toughen courage them to be in the real world. i think if you don't encourager your kids to be in the real world and experience it then you are really helping them to be somewhat paralyzed in life. >> my grandmother said you have to eat a pound of dirt before you're five years old. get your hands -- one of the reasons why i suspect, i think one of the reasons why we have so many allergies now, when i was a kid growing up, everybody had peanut butter and jelly. nobody worried allergic. >> allergy in africa. that could be one. >> not that i know o

both judges had stern words for attorneys said judge david novak, this case is going to be tried in the courtroom, it's not going to be tried in the media. the gamesmanship with the media ends now. >> bob's got -- he said he hasn't done anything illegal, the united states government says he has. so 12 jurors are going to decide what the truth is. >> the case has clearly taken a toll on the couple. in response to routine questions from the judge, she says she's taking medication for concentration issues and anxiety. >> of course she's under a lot of stress and anxiety. i can only pray for her and hope she gets the medication that she needs and some help. >> julie carey, news 4 today. >> d.c. police chief kathy lanier says she's been forced to rehire 28 so-called bad cops in the past two years. she testified before the d.c. council on police misconduct. the hearing comes after the arrests of two d.c. officers charged in sexual misconduct cases says the council needs to tigen loopholes in the disciplinary system. many of those cases were dropped. >>> today marks three years since the upris

stern words for the u.s. about the incident. at 6:00 p.m. what the chinese consulate wants officials to do to prevent this from happening again. reporting live in san francisco, david stevenson, ktvu channel 2 news. >>> now to new develops involving jahi mcmath. the brain dead 13-year-old after a tonsillectomy and tonight he is out of the hospital. the family moved her from the hospital to a undisclosed catholic organization. ktvu's john fowler explains what the family says they hope will happen next. >> the body of jahi mcmath is on a ventilator at the facility. the family refusing to accept the finality of her death. >> the news crews are now gone and so is jahi mcmath. a so-called evacuation team showed up for a ambulance before 8:00 p.m. last night. >> i gave her a kiss and said i will see her soon. >> reporter: the family contacted 5 different facilities and one agreed to accept her. they won't say where. >> the people who made this happen were a catholic organization that believes in the right to life. >> reporter: three doctors agreed she is dead. the family demanded the hospital do surgery on her body, went to court and lost. the family says donations are p

david: so turns out if you could judge reality tv show you get paid really big bucks. radar.com compile ad list of highest reality stars. number three, radioshack jock howard stern.for hosting "america's got talent" which wrapped up the 8th season. number two i guess is jennifer lopez. the singer brings in 17.5 million. not bad. she returned to "american idol" as a judge for upcoming 13th season. but at number one, that man, recognize him, simon cowell, bringing in, get this, $95 million. cowell is a judge for the u.s. version of the x-factor which he also produces and co-owns of the he does all the hard work. he deserves every penny of that $95 million! liz: own a piece of it. there is your lesson. david: that's right. liz: the price of beef soaring to record highs as cattle herds struggle to cope with frigid temperatures. david: this hurts me a lot. because i love beef. so does sandra smith. she joins us with a lot more. sandy, how does it impact the meat providers? >> it is important to find out why the frigid temperatures affect cattle herds because it becomes very, very expensive to feed the cattle, you have to feed them more to keep body temperatures up so

talk about the results from jpmorgan and wells and david katz is here and todd hagerman is senior financial services analyst and managing director at sterngood morning. >> good morning. >> let me kick off with you and jpmorgan more importantly, how do you feel about the results? >> you know, thankfully there were really no surprises in the quarter which i think was a bit of relief for investors particularly after all the legal settlements that we went through over the course of the quarter. the fact that their potential liability as they say it related to reserve or legal paying down sequentially was very encouraging. again, they talked up the prospects of increasing the capital return to what the shareholders here in 2014. business activity notably didn't really fall off a cliff. for the most part given the challenges with the government shutdown, the taper debate and so forth. yes, capital markets was weak but not too much of a surprise quite frankly. i think all in all the outlook is what people are gravitating to. it keeps investors expectations on track into '14. >> interesting. david, you and your clients own both jpmorgan and well