ebay is not a retailer. we are focused on helping consumers get what they want, when they want it, how they want it. i wish i could tell you that this is the result of some brilliant strategy that i or others have cooked up. it has been more the story of how technology operates as we have opened up technology how consumers are pulling that technology and using it in how they shop and pay. they are driving the innovation that we get credit for. i just want to pick a few examples of how this is happening. and i think you are going to see an acceleration of the kind of innovation i'm talking about. let me take consumer electronics. consumer electronics is a huge, huge business. we have right at my table, best buy, fries, many of the leading consumer electronics companies in the united states. at ebay, we are the no. 9 for largest consumer electronics destination in the united states. a little over $4 billion, a little over 20 million active consumers on ebay. over the last 12-18 months, we have had these and ot

ebay is one of those company. i mean, they have such a huge chair within e-commerce. >> can anyone -- you know, is there, hey, let's get together and we'll sell these online and it's great and then you discover amazon sells them for half the price, and free shipping. can anyone get into e-commerce anymore? >> people say all the time, if you look at how well e-commerce is doing, there has to be so much money made from an investment perspective. >> yeah, if you're amazon. >> that's exactly the point. i think there is a lot of money to be made in e-commerce but it's tricky because there are a few players, am sdmron one, taking huge market share and making it difficult to compete head-on. i would not want to be an e-commerce or brick and mortar online selling competitive products amazon sells. we say best buy is this incredible show room for amazon. it's 100% the truth. i look at our businesses today. we own a $700 million online license sports business that runs nfl shop and north bay store and major league baseball'

>> i think you should ask ebay people. they're probably reviewing people who offer documents for sale a little more carefully than they may have once done. i don't have the every detail on that. >> you have a general council? >> we have a terrific staff. one of the things i should mention to you we have the best bureaucracy in government. there are people at the archives who work, 30, 35, 40 years with the same passion for their work. >> that doesn't surprise me because you take librarians, librarians love their work. they love t. and i think there is, there is some analogous, there are casei librarians there and can see how people would love that work because if you like it you really love it. >> we had our 20th anniversary as an independent agency. the iron se when i was on the "washington post" editorial -- >> i said lets honor those who worked here 20 years and my senior archives say we have a honor a quarter of the agency because people have worked there as much as 40 years and more with the same dedication. >> are yo

>> i think you should ask ebay people. they're probably reviewing people who offer documents for sale a little more carefully than they may have once done. i don't have the every detail on that. >> you have a general council? >> we have a terrific staff. one of the things i should mention to you we have the best bureaucracy in government. there are people at the archives who work, 30, 35, 40 years with the same passion for their work. >> that doesn't surprise me because you take librarians, librarians love their work. they love t. and i think there is, there is some analogous, there are casei librarians there and can see how people would love that work because if you like it you really love it. >> we had our 20th anniversary as an independent agency. the iron se when i was on the "washington post" editorial -- >> i said lets honor those who worked here 20 years and my senior archives say we have a honor a quarter of the agency because people have worked there as much as 40 years and more with the same dedication. >> are yo

>> i think you should ask ebay people. they're probably reviewing people who offer documents for sale a little more carefully than they may have once done. i don't have the every detail on that. >> you have a general council? >> we have a terrific staff. one of the things i should mention to you we have the best bureaucracy in government. there are people at the archives who work, 30, 35, 40 years with the same passion for their work. >> that doesn't surprise me because you take librarians, librarians love their work. they love t. and i think there is, there is some analogous, there are casei librarians there and can see how people would love that work because if you like it you really love it. >> we had our 20th anniversary as an independent agency. the iron se when i was on the "washington post" editorial -- >> i said lets honor those who worked here 20 years and my senior archives say we have a honor a quarter of the agency because people have worked there as much as 40 years and more with the same dedication. >> are yo

. >> ebay seller the heck cat from palm springs, florida, has a listing. classic novel "mowby dix" typed out on rolls of toilet paper. six rolls total, one that is a fifth of a roll that includes the epilog and one half roll. there are a few tears in the toilet paper from when this ebay user tried to feed the toilet paper through the type writer. wasn't used. he's kept this in a cool, dry place inside a box for the last ten years. his asking price is a shade under $1,000. $999.95. thus far no bids. >> no. >> surprisingly because he's offering free shipping. >> see now that -- >> why, why and why, sort of started out as a bet. the ebay user and a friend were joking about how toilet paper should come with instruction manuals for some people. it sort of turned into a wager that this ebay user couldn't type out a novel on toilet paper. this ebay user set out to do just that and the user says they only take this thing out when they want to prove to other people they did this. this is a party trick. >> imagine if he didn't keep this under lock and key and somebo

people are buying 2000 cars a week on ebay on their mobile devices. next year we anticipate that being around $8 billion. and here is what retailers are starting to realize. their consumers are beginning to shop on mobile devices and not every retailer will have their own app because consumers want an app that shows you lots of retailers products. so here's an example of a couple of retailers that are using technology to reach their consumers. toys r. us, we own three technologies. how many people might have used redlaser? redlaser is a technology that we bought. two guys built it. you can go into any store and you can scan an item and it will show you the prices on line or you can type it in. initially retailers thought this was the worst thing in the world because the people going to do was come into the score scan an item, compare prices and buy it from the cheapest place. it's turning out that is not how consumers are using this. we have had 15 million people download the redlaser app onto their iphones or smartphones. here is what they are doing.

. >> bill: kim kardashian sells stuff on ebay. i don't go on ebay. i don't understand what that's all about. you can buy anything you want. >> the big story is the ebay charities. >> bill: that's what i want to talk to you about. she sells her personal items on ebay. and it's billed that she gives the money to charity. >> ebay giving works. >> bill: what charity gets it? >> i think the dream foundation. >> the dream foundation. but now foxnews.com reports it's only 10% of the money. >> well, ebay giving works allows celebrities to auction off their personal items and they can -- the giving works is the whole atmosphere, the whole feeling, the sensibility of that particular part of the huge ebay online action web site is these are compassionate celebrities. auction being off personal items and the implication is that the proceeds are going to charities. but if you look at the very bottom of the offering on ebay giving works. it gives you the percentage of the gross proceeds that the charity will be receiving, that the beneficiary will be receiving. ki

ebay started as a consumer-to-consumer auction website.the website represents less than half of what we do. as e bay evolved, our focus is on helping merchants and retailers compete in the new environment, and we'll never compete with them. ebay is not a retailer, and we're focused on customers getting what they want, when they want it, and how they want it. we're a technology provider helping to enable retail, and i wish i could tell you this is a result of some brilliant strategy that i or others cooked up. it is more the story of how technology operates as we've opened up technology, how consumers are pulling that technology and using it on how they shop and pay. they are driving the innovation that we get credit for. i just want to pick a few examples of how this is happening. i think you are going to see an acceleration of the kind of innovation i'm talking about. let me take consumer electronics. consumer electronics is a huge, huge business. we got it at the table with best buy and many leading consumer electronic companies in the u

a refund. ebay says it's look foogt issue.nd there is a fight against piracy ai. group dedicated to file sharing as a religion. the church of copy meism says file sharing is sacred and government eavesdropping is evil. to receive a special december nation the group needed to formalize the way of praying. members say they copy and share files with others. authorities maintain piracy of copy righted material is still illegal. u.s. navy just received cash from nasa to receive a new mars rover that will be fueled by bacteria. the current rover runs on electricity. and that will only fuel for one martian year. a scientist believes reproduction of bacteria will act as a natural battery charger extending useful life of the future rovers and thanks for joining us for abc 7 news at 4:00. you can keep track of the latest breaking news on twitter, talk about it as well on facebook.com. the news at 5:00 continues right now with dan and cheryl. >> there is a march picking the wrong place to rob. the homeowner has a police badge and a gun.

too, another sign perhaps that ebay is realizing the most important thing it does isn't ebay, it's paypal. >>> if you forgot your passport, no ap for that. apparently an ipad can still help. a canadian man who forgot his papers at home got across the u.s. border last week by showing this, a photograph of his passport to border agents. >> i remembered that i had a scan of my passport in my drop box which was connected to my ipad and iphone. so i thought maybe i could show them that because it had all the personalitinent information. >> border agents let him across. he had to cross back. so he went back to the canadian border, showed the ipad to the canadian agents and they let him back across, as well. lots of people do do this. you can use drop box. i use a program called evernote as well with photographs of all of my credit cards in case i need to see them and can't find them. back to you. >> so hi-tech. >> i like the way he thinks. smart man. >> let's check that forecast with meteorologist christina lor loren. >> speaking of pictures, you could basically take a beautiful picture of any

for the record, marla, ebay is down today on news that thompson is leaving. so he can feel better about that. >> yes. thank you, scott. >>> traffic concerns over facebook's new campus could prompt a bay area city to sue the social networking giant. east palo alto leaders will meet tomorrow, considering suing facebook for its plans of expanding in menlo park. the former sun microsystems campus at willow road. the company wants as many as 6,600 people to work there by 2015. >>> san francisco school badly damaged by fire is reopening its doors thanks to help from the surrounding community. ♪ lean on me when you're not strong i'll be your friend ♪ >> students and staff of creative arts charter, gathering today to thank the crews that worked nearly 24/7 just to get the k through 8 up and running once again. six classrooms, library, cafeteria and an art studio all went up in flames just days before christmas. after that fire started in a nearby alley. the director of the school says volunteers and teachers worked nine hours straight, just trying to make sure that c

route and look for some vehicles and found this school bus on ebay its an old hampton public schoolchool bus.now it sits in the church parking lot... useless ... in need of repair. the last time he will have to fix it. but through it all he forgives...his message for the vandals. we'd like to ask them to stop and we also want to let them know we forgive them. the chhrch is considering installing surveillance cameras. until then, the staff parks the buses under bright lights. straight aheaa... greece's debt crisis is affecting us here in the states.thh impact the overseas market is having on the stock m. market.and starbucks expands globally.where the coffee &pgiant is opening it's latest stores. 3 a major travel company is lowering financial expectations afttr the costa cruise disaster.plus, as elizabeth corridan reports... starbucks is expanding its global reach. reach. --reporter pkg-as follows -- anxiety over the reek debt crisis and overall economic uncertaiity in europe dragged u-s stocks lower monday.the 12, 653.the nasdaq and the s t and p 500 also finished in the red.carniva

we started ebay. people said how big can this business be? $50 million on? it's now a $450 billion business. more than people thought. >>> john swartz of "usa today." if you're just joining us, we're looking back at some of the year's interviews, and we'll continue doing that after the break. 6 here." we all have favorite authors and i have the particular advantage to of inviting my favorite authors on the show. as we continue to look back at the past year here's business author jeff moore talking about then ceo of yahoo! carol bartz. >> i've known carol for 20 years, right? so when carol was recruited to go to yahoo! it was presented as management problem, and yahoo! was a management problem. and i think the feeling was if you could install adult supervision and put in place strong management the imaginative innovative juices of the company could make it work. i think what happen and part of it is internally created is that the world changed very dramatically over the last several years is it bake a leadership and management problem at the same time. >> wai

. >>> microsoft and ebay beat expectations though ebay's outhook was disappointing. the markets got off to their best start in nine years. the s&p closed above the 1300 mark midweek for the first time since july. mostly on optimism about earnings and little news from europe. if you are driving a clunker, you are not alone. americans are driving cars longer than ever according to a survey. the average age 11 years. good news for automakers who may see pent up demand when the cars finally wear out. >>> how is the economy doing and where is it headed from here. we have two guests that see ings differently. joining me is laura tyson and former economic adviser for the clinton administration and mort zuckerman chair and ceo of boston properties and u.s. news and world report editor in chief. good to have you here today. we are seeieing signsf life in the economy. jobless claims a the lowest number since 2008, the unemploynt rate moving lower recently. there seems to be less worry about europe, as well. earnings season not so bad. where do you think we go from here? >> i t

when it's on your mind, it's on ebay. >>> all right.evening, everybody.. 49er practices are almost complete. as they ready for the giants on sunday. smith getting ready to go. can he go back to back super-tar performances? -- delanie walker, broke you know jaw. it all worked out today. at the very least, he'll be 32 for the championship game -- there for the championship game. alex smith? >> i don't know how many wins we were picked to have at the beginning of the season. it wasn't many. certainly -- i don't know where we were picked. not a lot of people were in our corner. it was just us here, working. that's how we want it. >>> 49ers host ing their first championship game in 15 years because of vernon davis's catch. >> third down, alex looking down, versus [ cheering and applause ] >> vernon davis ! of liz his life! >> are you one of those guys that would label this the best final 4 minutes you've ever seen? >> i would not -- gary, all of us love sports. what we love are people doing good things rather than mistakes. >> when you talk

. >> ebay had a happy holiday season. with more on that and what investors are watching, but turned it over to linda bell. >> a big day in terms of corporate earnings. this morning we hear from bank of america. we will get a slew of tech earnings from a tech companies. of the economic front, we get the latest numbers on jobless claims as well as consumer prices and housing starts. as you mentioned ebay shared could get a boost today. the company posted sales and profits that posted -- posted sales and profits from the fourth quarter that beat estimates. it's paypal division is also performing well. facebook is teaming up with 60 partners to allow you to share even more about your lives. they include trip adviser and ticketmaster so you can let your friends know what concert tickets you just bought or the flight you just booked. "american idol meets retail. i will have the details coming up in the next hour. linda dell. >> thank you. 4:37 and 27 degrees. >> coming up, an update on the cruise ship disaster in italy. >> we w

ebay shares could get a boost. they topped estimates for the fourth quarter. paypal was performing well. stocks were higher yesterday. concern about europe' eased. kodak has filed for chapter 11 bankruptcy. consumers are moving to digital technology. kodak invented the very first digital camera. facebook offering 60 new apps. they are teaming up with ticketmaster. you can alert your friends to which concert you bought two tickets to. i am jane king reporting for wbal-tv 11 news. >> 5:22. 24 degrees on tv hill. >> how much longer until the washington monument is fully repaired? >> your visit to the washington monument this year might need to be put on hold. >> they are unforgettable images from inside the washington monument during the august 23 earthquake. the repair bill is $15 million. congress approved half and said to the national park service to find donors for the rerst. one man recently gave $4.5 million to the national zoo's panda program. the restoration process could take up to a year. >> it is good news that the moneys are in place to continue with

he'll run ebay, too. this another sign ebay is realizing the most important thing isn't ebay. it's papal. if you forget your passport, there's no app. but an ipad will help. a canadian man got across the border by showing a photograph of his passport to border agents. >> i remembered i had a scan connected to my ipad and iphone. i thought maybe i could show them that. it had all the pertinent information. >> before you think they're too soft. this guy was from canada in the united states. he had to get back to canada. he did the same on the the canadian border agent said it would be fine, too. this is not a policy. don't get used to it. >> >> he was planning ahead. thinking very smart. >> it's 6:26 right now. coming up, police are arresting more occupy protesters. we'll take you there live. >> and a 90-year-old marin county man and burglary suspect shoot each other. find out how everyone is doing this morning. >> typically you have to fly out of town for the first part of january to enjoy the 70s. we have those in your forecast today. we'll let you know how long the brief warm

that's brilliant, though, buy the stuff and resell it on ebay, get a little profit.ds came through the company's warehouse just two weeks after christmas? >> who returns an ipad? that's a great gift. and get this. americans will return $46 billion in gifts. $46 billion. none of kayyyq"q"q"q"y"y"y"cwyc(

tickets for the free event were being sold on ebay for thousands of dollars before ebay pulled them saying free tickets cannot be auctioned. >>> a minnesota family is waiting to learn if rescuers pulled their family members from the cruise ship. they are among 17 people still macie missing. rescuers say at this point it would be a miracle to find any survivors inside the ship. >>> right now search crews are looking for survivors after a building collapse in rio de janeiro. authorities released differing reports about possible deaths. witnesses say though heard a loud blast then the building started to crumble. officials suspect a natural gas leak caused the explosion. >>> this morning people across texas are cleaning up from severe storms that spawned several tornadoes and heavy rain that caused flash flooding. tornadoes touched down near austin, san antonio and houston damaging homes and businesses. there were no injuries reported. emergency crews, though, rescued several people trapped in their cars on flood roadways. all the rain was not enough to end the historic drought there. >>> a n

this is another sign that ebay is realizing the most important thing ebay does is ebay. a canadian man who forgot his papers at home got across the u.s. border last week by showing a photograph of his passport. >> i thought maybe i could show them that. it had all the printed information. be before you think they're too soft letting a guy with an ipad go across, he also had to go back and face canadian border agents who took a look and said death. >> both a little lax. interesting. thanks so much. >> welcome to the digital age. it's 5:26. still to come on "today in the bay" south bay community hit by a rash of burglaries. >> i'm bob redell. we'll show you the late nest the electric vehicles. >>> later today a comfortable spring afternoon. 70s. near record warmth yet again. i'll let you know if you're on par to break a record coming up. u w and we'llho sw u how you're facg the south bay. we have things to watch out for. that can help lower cholesterol and who ordered the yummy cereal? yummy. that's yours. lower cholesterol. lower cholesterol. i'm yummy. lower cholesterol.

pay pal accounts for nearly 40% of the ebay business. and had a strong holiday quarter thanks to a boost in spending. and ebay is forecasting dispatting sales for next quarter. and annaists said pay pal is a great company that is doing great things and just a question about its fewer leadership. the concern is how long can the growth last now that thompson has taken reigns at yahoo? and there is information that yahoo co-founder resigned not because the c.e.o.pushed him out but because he wanted to leave. and this is an interesting twist we'll continue to follow. and stocks up again giving the s and p its best start to the year z today earnings out of goldman sachs helped the boost. most of the members in that index also up. and there is apple has a set of tools making it easier to publish content for schools. the question is whether it will do for the textbook industry what ipod did for music. apple says they're hoping it will boost the i pad use in schools and sales. and whit comes to smart phones apple is closing a gap with an droid m

some analysts point out ebay has a history of giving cautious guidance. driving technology today was semiconductor stocks. chip maker linear technology jumped 12% after a strong earnings report and a strong forecast. while some analysts think linear's strength is specific to it, we saw buying fellow chip companies altera and texas instruments-- up 10% and 9% respectively. one more from the world of high tech. tomorrow, apple is expected to announce a new strategy targeting the school textbook business. tonight, shares are at an all- time high. today's 1% gain was enough to put it over $429 per share. r.b.c. raised its target price to $525. from occupy wall street demonstrations to regulatory scrutiny, there has been plenty of debate over student loans. there's new speculation the obama white house may change how much a company's revenue may come from student financial aid. right now it's 90%, but it may be reduced. for-profit schools apollo group and devry fell on the rumors, down 6% and 3% respectively. and that's tonight's "market focus." >> tom: europe

dollar. 300 c or powerful v-8 engine the starting price on ebay lynette charles grab your checkbook. it's a cool one million dollars. your thoughts. >> i. [audio not understandable] >> you don't want the car? >> for the car the singing is free. >> you find a million dollars just a bit steep? >> just a bit. you think a little bit? spending of steep temperatures this morning, not so -- speak of steep, temperatures this morning, yes we are cold this morning. especially in towson. 24 right there. but baltimore coming in at 30 degrees and we should be at 25 now for this time of the year. and as we look around a and -- annapolis we are dealing with 41 there and into annapolis and 43 in edgewood this morning. we are seeing more of the same. the 40s in chestertown and also into centerville of the northeast coming in right around 37 degrees. and the satellite and radar not picking up on anything this morning. we will see plenty of sunshine out there. and a few clouds trying to move in. but, lots of sunshine to be had. make sure get out and enjoy because that temperature will soar into the 60s

when it's on your mind, it's on ebay. >> good evening once again.owing for you tonight. fear of massive fuel spill loom as crew work to off load 500,000 gallons of fuel from that wrecked cruise ship off the coast of italy. 6 people dead. 29 still missing. captain is in jail facing charges of manslaughter, abandoning ship and causing a ship wreck. son of placerville couple who survived the ship wreck says it was chaos on board. >> heard this huge like loud boom. they didn't know what was going on. still in the theater. yes just went downhill from there. >>reporter: wick peedia shut down for 24 hours on wednesday to protest legislation aimed at curbing on line privacy. and turn up the thermostat. weather service issued a freeze warning for much of the bayonigt team temperatures spencer tells us could drop into the low 20's. >>> and then there were 5. field of republican presidential rand cats got smaller today. jon huntsman pulled out then endorsed mitt romney. many republicans now say if romney wins south carolina this saturday this race is simply ov

ebay was crimping her style.2008, she made the risky decision to leave the online auction world and start her own commerce website, shopnastygal.com. she is racing to keep up with demand now. >> the business is growing at a pretty alarming rate. it's actually growing faster than we can control. it's pretty insane. ♪pittsburgh, pennsylvania, company, simple sugars, is also grappling with the challenges of a fast-growing business p five years into starting her all natural sugar company she has juggled her homework, crew practice and running her business during her summer and after school. >> it is really hard to balance everything. pit get up at 6:00 in the morning, go to school, i generally don't get home until 7:30 at night and i still have homework and simple sugar work to do. >> with products already in her local whole foods and a thriving business on online, the time has come for her to relocate simple sugars out of her parents' basement. her next move is renting office space and hiring employees. big steps fo

. >> and tom cruise's connection to a splashy auction on ebay.ain, dishing the dirt during "the skinny." apparently things are getting ugly again with j. lo and marc anthony. of course they're parting ways now and had another big fight over the weekend according to radaronline.com is reporting this information. marc anthony's kind of lashing out a little bit saying he wants jen to see a psychiatrist to determine why she's incapable of being alone. and if you look at her track record, she has jumped from one relationship to the next to the next to the next. she was with puff daddy, then ben affleck. then she was with marc. they both have moved on -- >> rob nelson. >> yeah. in my dreams. of course she's moved on to this young backup dancer she's seeing. marc's moved on to some venezuelan model. in hollywood that seems to be the name of the became she seems to have some issues with love and relationships and he's called her out saying get some help. he said he wants more time with the twin kids they have together. it's getting messy again. he's sayi

when it's on your mind, it's on ebay. >>> very cold night ahead, and we have clear skies now as a ridge of high pressure moves through and out off the coast in the next 24 hours or so. here's a look at current temperatures. 18degrees at gaithersburg. 19 at culpepper, same at manassas. 24 at baltimore. and 28 in d.c. cold air settling in. it hasn't gone anywhere, sticking around. keeping our eye on the next weather maker. that will be a low pressure system with an associated front, bringing rain overnight hours of monday into tuesday. tuesday looks like pretty much of a washout day. for tomorrow, starting out with ahead of that system. overnight hours and early morning hours of tuesday, the rain will be heavy at times. time for the morning commute, sticking around. little bit of a break in the afternoon hours. as we move through the late evening, we start to see more again. on the back side, wintry mix for the mountains and snow in the forecast there. i can't rule out maybe we'll see a passing flurry. depends how the temperatures hold up on the on set of that precipitation. for tonight,

ebay was crimping her style. she made the risky decision to leave the online auction world and start her own e-commerce website, shopnastygal.com. now nasty gal sells trendy new clothing alongside the vintage duds and she's racing to keep up with demand. >> the business is growing, you know, at a pretty alarming rate. it's actually growing faster than we can control. it's pretty insane. >> laney lazari's pittsburgh, pennsylvania company simple sugars is grappling with the challenges of a fast-growing business. five years into starting her all-natural sugar scrub company she juggles homework, business, summers off and after school. >> it's hard to balance everything. i get up at 6:00 in the morning, go to school, i don't get home until 7:30 at night, have homework and simple sugars work to do. >> with products in her local whole foods and a thriving business online the time has come to relocate simple sugars out of her parents' basement. her next move is renting office space and hiring employees. big steps for a t

ebay was crimping her style. she made the risky decision to leave the online auction world and start her own e-commerce website, shopnastygal.com. now nasty gal sells trendy new clothing alongside the vintage duds and she's racing to keep up with demand. >> the business is growing, you know, at a pretty alarming rate. it's actually growing faster than we can control. it's pretty insane. >> laney lazari's pittsburgh, pennsylvania company simple sugars is grappling with the challenges of a fast-growing business. five years into starting her all-natural sugar scrub company she juggles homework, business, summers off and after school. >> it's hard to balance everything. i get up at 6:00 in the morning, go to school, i don't get home until 7:30 at night, have homework and simple sugars work to do. >> with products in her local whole foods and a thriving business online the time has come to relocate simple sugars out of her parents' basement. her next move is renting office space and hiring employees. big steps for a t

paypal on pace to become the biggest revenue generator at ebay over marketplace. he also has a very solid tech back ground, something bartz didn't have. they are continuing their options about selling off investments and other ideas. >>> apple announcing this morning that the iphone 4s will be made available in china and 21 other countries beginning on friday, january 13. ceo tim cook releasing a salt saying that customer demand for apple products in china has been off the charts, releasing that stay. . >>> dow up 180 points yesterday thanks to positive economic news in the u.s. and elsewhere. pulling back now, dow down by 18, nasdaq down 14, s&p down 4. yahoo shares are down by 2%. >> you must have had a good vacation if you are using the word prognosticators this early in the morning. >> sometimes it comes out, you know, we'll go with that. it doesn't always work out very well. >> i like that word. >> thank you. >>> republican presidential hopeful michele bachmann is canceling her campaign trip to south carolina after a very poor showing in the iowa caucuses las