equity strategist, and he is here sears getting a new lifeline after a bankruptcy judge giving eddie lampart the go ahead and buy the iconic retailer. somebody get ken on the phone because barbie is back mattel shares soaring this morning after the toymaker reported a big surprise. it is friday, february 8th, and worldwide exchange begins right now. >>> happy friday from wherever in the world you may be watching futures are less hap the dow futures are down 76 points right now you can see s&p and nasdaq similar. all this coming after yesterday's 220 point slide. a little bit of selling momentum yesterday. we'll see if that continues today. well, of course, we are going to have much more on your money very soon. we begin with a story that is rocking both the business and the entertainment world. amazon.com founder jeff bezos blasting the national enquirer, acougs its publisher of trying to blackmail him frank holland is here now with more on this blockbuster story >> extortion and blackmail bezos claims america media ink or ami threatened publish naked pictures of him unless he agreed to drop

the retailer getting yet another lifeline after bankruptcy judge approved eddie lampart's latest bidthe company they offered to pay $5.2 billion. it would allow sears to keep 425 stores open and create 485,000 jobs eddie lampart seen as the firefighter and the arsonist it's a complicated situation >> take a look at u.s. equity futures. we are in the red. 94 points off. nasdaq off by 40 points. the s&p 500 off by 11. >> reporters were present, and he was asked at the end whether he would meet with china's president xi jing ping, and he said it's probably too soon, but that the two would maybe meet in the next month of course, the reason why people are focused on this march 1st deadline, it was the deadline set by the united states back at the g20, and it's the date at which tariffs will automatically double from 10% to 25% on some $200 billion in chinese goods. that is set to happen auto plaktly unless there is a presidential memorandum that president trump signs. that would require talks to continue progressing with china, and that is happening behind the scenes remember, a deputy de