153
153
tv
eye 153
favorite 0
quote 0
aaron, erika? >>> the news that may put you at ease this morning if you want to fly and head out of town. >> the unexpected roadblock for negotiators trying to (vo) sometimes the big plan doesn't work. and the perfect life turns out to be not so perfect. you start fresh. new city. new job. new everything. it's exciting, and scary, at the same time. and some days you think, "i can't do this on my own." but then...i went to suntrust. they helped me figure things out. and before you know it, i am doing it... (anncr) at suntrust, helping people shine is what we do. join the thousands who are switching to suntrust's award-winning service. >>> a positive outlook on the new year. ♪ i -- i got it, i got it made ♪ ♪ i got it made, i got it made ♪ ♪ i got it made fresh at subway ♪ ♪ breakfast made the way i say ♪ ♪ i got it made ♪ i got it made, i got it made ♪ ♪ i got it made fresh at subway ♪ ♪ breakfast made the way i say ♪ [ male announcer ] get breakfast made the way you say, like your very own steak, e
aaron, erika? >>> the news that may put you at ease this morning if you want to fly and head out of town. >> the unexpected roadblock for negotiators trying to (vo) sometimes the big plan doesn't work. and the perfect life turns out to be not so perfect. you start fresh. new city. new job. new everything. it's exciting, and scary, at the same time. and some days you think, "i can't do this on my own." but then...i went to suntrust. they helped me figure things out. and...
382
382
Jan 4, 2013
01/13
by
KQED
tv
eye 382
favorite 0
quote 0
erika miller, "n.b.r.," new york. >> tom: tomorrow on n.b.r. we head to florida's citrus groves, to find out what's behind an expected drop during the orange harvest. we'll talk to the c.e.o. of smoothie and juice chain jamba juice. and our friday "market monitor," kate warne of edward jones expects solid corporate earnings this year. we will hear how that plays into her investment strategy. finally doctor mcdreamey, is going toe to toe with starbucks. "grey's anatomy" star patrick dempsey in seattle today leading a group of investors trying to buy tully's, a bankrupt, seattle coffee chain. the actor has spent several year's filming in seattle, and he has some big competition, starbucks is also bidding for some of tully's assets. dempsey says buying the coffee chain is all about saving jobs. a judge will decide who get's tully's next friday. >> how much you wajted to bet if they get it will you see a lot of product placement on that abc show. >> tom: more than a cup of coffee is what it will be worth. that's "nightly business report" for thursd
erika miller, "n.b.r.," new york. >> tom: tomorrow on n.b.r. we head to florida's citrus groves, to find out what's behind an expected drop during the orange harvest. we'll talk to the c.e.o. of smoothie and juice chain jamba juice. and our friday "market monitor," kate warne of edward jones expects solid corporate earnings this year. we will hear how that plays into her investment strategy. finally doctor mcdreamey, is going toe to toe with starbucks. "grey's...
224
224
tv
eye 224
favorite 0
quote 0
erika? >> thank you, alexis. police are investigating an attack on a metrobus in which one woman was stabbed. it happened near the intersection of talbert street and martin luther king boulevard southeast. two women were attacked on the bus to capital heights before 2:00 this morning. one was stabbed, the other beaten. witnesses tell police the suspect ran off the bus. those women were taken to the hospital, one with serious injuries. >>> we're following breaking news on capitol hill this morning. a major step closer to a deal that will limit had the damage done by going over the fiscal cliff. overnight, the senate passed a bill that will keep taxes in check for most americans. news 4's megan mcgrath live on capitol hill with the breakdown. megan, good morning. >> reporter: good morning, aaron. that's right. under this deal, about 98% of americans would avoid paying higher taxes. the big question though, is will house conservatives go for it. it was a little bit after 2:00 this morning, two hours after the fiscal
erika? >> thank you, alexis. police are investigating an attack on a metrobus in which one woman was stabbed. it happened near the intersection of talbert street and martin luther king boulevard southeast. two women were attacked on the bus to capital heights before 2:00 this morning. one was stabbed, the other beaten. witnesses tell police the suspect ran off the bus. those women were taken to the hospital, one with serious injuries. >>> we're following breaking news on capitol...
945
945
Jan 5, 2013
01/13
by
KDTV
tv
eye 945
favorite 0
quote 1
ganó erika o ganó dalia?egría de una joven inmigrante que podrá continuar sus estudios gracias a la acción diferida, se ve empañada por el acciónar hugo chavez podria tomar juramento despues del 10 de enero, dice el vicepresidente venezolano.temporada de gripe sera peor este aqo.se crearon 155.000 nuevos empleos en diciembre.que tal, le saluda vilma tarazona segun nicolas maduro el convaleciente presidente hugo cgavez podria tomar juramento frente a la corte suprema despues del 10 de enero si es que no puede hacerlo ese dia por su estado de salud.el centro para control de enfermedades advierte que la temporada de gripe se adelanto y el contagio sera mas rapido.la creacion de nuevos empleos en el ultimo mes del 2012 no significo cambio alguno en el indice de desempleo que es del 7.8 por ciento. mas en su noticiero <>>la alegría de una joven que podrá continuar sus estudios en estados unidos, fue empañada al recibir otra noticias. >>vamos a ver que le paso >>gabriela campos debería estar feliz, celebrando, porq
ganó erika o ganó dalia?egría de una joven inmigrante que podrá continuar sus estudios gracias a la acción diferida, se ve empañada por el acciónar hugo chavez podria tomar juramento despues del 10 de enero, dice el vicepresidente venezolano.temporada de gripe sera peor este aqo.se crearon 155.000 nuevos empleos en diciembre.que tal, le saluda vilma tarazona segun nicolas maduro el convaleciente presidente hugo cgavez podria tomar juramento frente a la corte suprema despues del 10 de...
849
849
Jan 4, 2013
01/13
by
WFDC
tv
eye 849
favorite 0
quote 0
ganó erika o ganó dalia?gría de una joven inmigrante que podrá continuar sus estudios gracias a la acción diferida, se ve empañada por el acciónar de su padre, ya volvemos a primer impacto hieren a policias en hechos violentos en nueva york.===por primera vez una hispana toma juramento al vicepresidente de estados unidos.===.subastaran curiosa fotografia de la princesa diana.===buenas tardes, les habla jorge ramos. === 3 policias resultaron heridos en hechos diversos la noche anterior en nueva york. uno de ellos durante un robo en un negocio y dos mas en una estacion del subway.===.la jueza de la corte suprema sonia sotomayor sera la encargada de juramentar vicepresidente joe biden cuando tome posesion para un segundo periodo.===.una fotografia de la princesa diana cuando era una adolescente y que permanecio guardada por aqos sin ser publicada, es puesta a la venta por internet.===. <>>la alegría de una joven que podrá continuar sus estudios en estados unidos, fue empañada al recibir otra noticias. >>vamos a
ganó erika o ganó dalia?gría de una joven inmigrante que podrá continuar sus estudios gracias a la acción diferida, se ve empañada por el acciónar de su padre, ya volvemos a primer impacto hieren a policias en hechos violentos en nueva york.===por primera vez una hispana toma juramento al vicepresidente de estados unidos.===.subastaran curiosa fotografia de la princesa diana.===buenas tardes, les habla jorge ramos. === 3 policias resultaron heridos en hechos diversos la noche anterior en...
110
110
Jan 30, 2013
01/13
by
WETA
tv
eye 110
favorite 0
quote 0
. >> reporter: i'm erika miller in new york. still ahead, the northeast is leading the nation in number of workers leaving for other regions. we'll look at what that is and bot aha weth for the nationalut om: concerns about what the federal reserve uld say combined with worries about thav surprisingly low reading on g.d.p., to hold stocks back day. the dow fell 44 points, the nasdaq lost 11 and the s&p closed down nearly six points. with it's newest plane grounded, boeing says its financial outlook for this year sees no significant impact from the 787 dreamliner's problems. but as the plane maker reported fourth quarter earnings today, it also acknowledged that assessment could quickly change. earnings were down considerably from last year thanks to a tax settlement a year ago. but the results were well above wall street estimates, thanks to a double digit jump in revenues. driving that growth was an increase in deliveries of commercial planes. the 737 remains the driver, with 105 planes delivered. the 777 also helped, as did th
. >> reporter: i'm erika miller in new york. still ahead, the northeast is leading the nation in number of workers leaving for other regions. we'll look at what that is and bot aha weth for the nationalut om: concerns about what the federal reserve uld say combined with worries about thav surprisingly low reading on g.d.p., to hold stocks back day. the dow fell 44 points, the nasdaq lost 11 and the s&p closed down nearly six points. with it's newest plane grounded, boeing says its...
175
175
Jan 4, 2013
01/13
by
KQED
tv
eye 175
favorite 0
quote 0
. >> reporter: i'm erika miller in new york. gap announced the purchase of women's luxury boutique chain intermix, still ahead, we'll look at how that acquisition could help the mass-market retailer. >> tom: the federal trade commission today wrapped up a nearly two year investigation into how google does business. google agreed to two settlements, one over patent licensing, the other gives advertisers more flexibility over their online campaigns. but, in a big win for the search giant, the agency, said google, does not favor its own products and services in its internet search results. after 20 months of digging into google's business practices, looking at everything from search to cell phones, and sifting through more than nine million pages of documents collected from google and competitors, the nation's anti- trust watchdog agreed with google, that when it comes to search, google follows its pledge "to do no evil." >> i think today's decisions show that in order for there to be antitrust enforcement you have to have clear ev
. >> reporter: i'm erika miller in new york. gap announced the purchase of women's luxury boutique chain intermix, still ahead, we'll look at how that acquisition could help the mass-market retailer. >> tom: the federal trade commission today wrapped up a nearly two year investigation into how google does business. google agreed to two settlements, one over patent licensing, the other gives advertisers more flexibility over their online campaigns. but, in a big win for the search...
84
84
tv
eye 84
favorite 0
quote 0
. >> reporter: i'm erika miller in new york. gap announced the purchase of women's luxury boutique chain intermix, still ahead, we'll look at how that acquisition could help the mass-market retailer. >> tom: the federal trade commission today wrapped up a nearly two year investigation into how google does business. google agreed to two settlements, one over patent licensing, the other gives advertisers more flexibility over their online campaigns. but, in a big win for the search giant, the agency, said google does not favor its own products and services in its internet search results. after 20 months of digging into google's business practices, looking at everything from search to cell phones, and sifting through more than nine million pages of documents collected from google and competitors, the nation's anti- trust watchdog agreed with google, that when it comes to search, google follows its pledge "to do no evil." >> i think today's decisions show that in order for there to be antitrust enforcement you have to have clear evi
. >> reporter: i'm erika miller in new york. gap announced the purchase of women's luxury boutique chain intermix, still ahead, we'll look at how that acquisition could help the mass-market retailer. >> tom: the federal trade commission today wrapped up a nearly two year investigation into how google does business. google agreed to two settlements, one over patent licensing, the other gives advertisers more flexibility over their online campaigns. but, in a big win for the search...
108
108
Jan 12, 2013
01/13
by
CURRENT
tv
eye 108
favorite 0
quote 0
erika andiola is the activist for the dream act.young people who were brought into this country without documents but not because of anything they did. will they be allowed to stay longer. president obama, if you remember, took executive action that does allow them to stay, but it does not cover their pan. recently erika's mother was seized and she showed that on youtube. >> they took her for no reason. [ sobbing ] they asked me if my brother was related to me. i said yes he's my brother. they just took him. they just took him. they didn't want to tell me why. they said they needed to go because they were here illegally, that they shouldn't be here. this needs to stop. we need to do something. we need to stop separating families. this is unreal. >> cenk: so there is some dispute as to why they seized her mother, we'll get to that in a minute but i want to share some numbers for you. a record 410,000 people have been deported in 2012 alone. as president obama takes some executive action and reaches out to latinos he does continue to
erika andiola is the activist for the dream act.young people who were brought into this country without documents but not because of anything they did. will they be allowed to stay longer. president obama, if you remember, took executive action that does allow them to stay, but it does not cover their pan. recently erika's mother was seized and she showed that on youtube. >> they took her for no reason. [ sobbing ] they asked me if my brother was related to me. i said yes he's my brother....
699
699
Jan 12, 2013
01/13
by
KSTS
tv
eye 699
favorite 0
quote 0
. >>> anoche agentes federales tocaron a la puerta de erika joven indocumentada que se ha arriesgadotada con el fin de alcanzar legalizaciÓn para millones en el paÍs, pero agentes preguntaban por su madre. >>> no sÉ si la vol. ve roverÉ . >>> la madre y el hermano de la joven fueron arrestados, la investigaciÓn del status migratorio se originÓ en un arresto previo al hermano se lo llevaron por no demostrar su status migratorio, pero heriberto fue dejado en libertad al amanecer porque no tenÍa antecedente krim flal. >>> marÍa arriola habia sido arrestada por manejar sin licencia fue que se cumplen skwo a investigar su status migratorio, segÚn abogados tenÍa orden de deportaciÓn desde 1998 a media maÑana tras presiÓn de activistas y abogados, en defensa de los inmigrantes, ice anuncio que la detenida no seria deportada en horas dejada en libertad. >>> ice dijo que la dejaban en libertad porque una revisiÓn preliminar indica que factores de la polÍtica dis creciÓ nal de ice parece haber jugado un papel en estos casos, los casos son revisado con profundidad. >>> fue la presiÓn que causo
. >>> anoche agentes federales tocaron a la puerta de erika joven indocumentada que se ha arriesgadotada con el fin de alcanzar legalizaciÓn para millones en el paÍs, pero agentes preguntaban por su madre. >>> no sÉ si la vol. ve roverÉ . >>> la madre y el hermano de la joven fueron arrestados, la investigaciÓn del status migratorio se originÓ en un arresto previo al hermano se lo llevaron por no demostrar su status migratorio, pero heriberto fue dejado en...
111
111
Jan 28, 2013
01/13
by
WJLA
tv
eye 111
favorite 0
quote 0
he knew erika banks and they had a long-standing dispute. a few miles from where that took place, family and friends gathered for a vigil since a -- to mark two years since a teacher was murdered. she was shot and killed in a parking lot. she may have been the victim of a robbery. they have not made any arrests. her family and friends are still struggling to make sense of her death. >> she was my best friend. we would do things together. it is unbelievable. it can never be filled. >> police say they are still actively searching for her killer. >> an emotional tribute to a gallaudet university professor and her daughter. they were killed in a house in falls church a week ago. the service held at the school to remember laura snyder- gardener. she taught math at the university. her daughter was a student athlete at the school. >> i want to be here to honor the memory of these two individuals. it is a reflection of their hearts. and the love that they really reached out to help others. >> investigators still trying to determine what caused the f
he knew erika banks and they had a long-standing dispute. a few miles from where that took place, family and friends gathered for a vigil since a -- to mark two years since a teacher was murdered. she was shot and killed in a parking lot. she may have been the victim of a robbery. they have not made any arrests. her family and friends are still struggling to make sense of her death. >> she was my best friend. we would do things together. it is unbelievable. it can never be filled....
255
255
Jan 1, 2013
01/13
by
KQED
tv
eye 255
favorite 0
quote 0
erika miller takes a closer look at the forces driving stocks this year. >> reporter: many investors are asking themselves why the stock market did so well this year, when the economy was so weak? the answer is the fed. >> you have to give them a good deal of the credit. they have had quantitative easing again and again. bernanke has said he does not want us to sleep into that kind of economic coma that seemed to take over japan. >> reporter: and that support from the fed was enough to overcome worries about a weakening global economy, and a debt crisis in europe. but many small investors have missed out on the market's gains this year. on the whole, they've taken money out of stocks, and put it into bonds. >> small investors have become dubious of equities because essentially from 1999 until the beginning of this year, there was no return on equities. they feel they're at a disadvantage to institutional investors and computerized trading. the economy has been lackluster. >> reporter: some of the most aggressive stock buyers have been institutional investors and hedge funds-- searchi
erika miller takes a closer look at the forces driving stocks this year. >> reporter: many investors are asking themselves why the stock market did so well this year, when the economy was so weak? the answer is the fed. >> you have to give them a good deal of the credit. they have had quantitative easing again and again. bernanke has said he does not want us to sleep into that kind of economic coma that seemed to take over japan. >> reporter: and that support from the fed was...
193
193
tv
eye 193
favorite 0
quote 0
erika miller takes a closer look at the forces driving stocks this year. >> reporter: many investors are asking themselves why the stock market did so well this year when the economy was so weak? the answer is the fed. >> you have to give them a good deal of the credit. they have had quantitative easing again and again. bernanke has said he does not want us to sleep into that kind of economic coma that seemed to take over japan. >> reporter: and that support from the fed was enough to overcome worries about a weakening global economy, and a debt crisis in europe. but many small investors have missed out on the market's gains this year. on the whole, they've taken money out of stocks, and put it into bonds. >> small investors have become dubious of equities because essentially from 1999 until the beginning of this year, there was no return on equities. they feel they're at a disadvantage to institutional investors and computerized trading. the economy has been lackluster. >> reporter: some of the most aggressive stock buyers have been institutional investors and hedge funds-- searchin
erika miller takes a closer look at the forces driving stocks this year. >> reporter: many investors are asking themselves why the stock market did so well this year when the economy was so weak? the answer is the fed. >> you have to give them a good deal of the credit. they have had quantitative easing again and again. bernanke has said he does not want us to sleep into that kind of economic coma that seemed to take over japan. >> reporter: and that support from the fed was...
185
185
Jan 17, 2013
01/13
by
KRCB
tv
eye 185
favorite 0
quote 0
erika miller reports. >> reporter: before we get to jp morgan's profits, let's talk about the earnings of it's c.e.o., jamie dimon. the board cut his pay in half as punishment for a more than $6 billion loss at j.p. morgan's london trading desk. but dimon will still pocket a $10 million bonus. add on $1.5 million in salary, and his total compensation was $11.5 million last year. >> we don't think it's inappropriate, what the board did. butt the end of the day jamie dimon is stl doing pretty well for himself. he's not exactly living out of a refrigerator box on park avenue. >> reporter: at the same time, j.p. morgan's fourth quarter earnings rose by more than 50% in the fourth quarter, to $1.39 a share. that was better than expected. j.p. morgan, wells fargo, and other retail banks are benefiting from an improving housing market. >> it's a large factor. i mean, some companies are seeing mortgage growth of 50% over a year ago. it's a major factor. also, refinancing activity is very high right now. as housing prices have increased, that's allowed more people to qualify to refinance their
erika miller reports. >> reporter: before we get to jp morgan's profits, let's talk about the earnings of it's c.e.o., jamie dimon. the board cut his pay in half as punishment for a more than $6 billion loss at j.p. morgan's london trading desk. but dimon will still pocket a $10 million bonus. add on $1.5 million in salary, and his total compensation was $11.5 million last year. >> we don't think it's inappropriate, what the board did. butt the end of the day jamie dimon is stl...
162
162
Jan 24, 2013
01/13
by
KQED
tv
eye 162
favorite 0
quote 0
erika miller, "n.b.r.," new york. >> susie: a big "earnings miss" crushed shares of coach today. the luxury retailer reported a profit of $1.23 a share, a nickel below estimates. revenue rose 4%, but also below expectations. shares plunged more than 16% on the news. the company's c.e.o. blamed the results on "challenging" holiday sales and says coach is now transforming to a "global lifestyle brand" focused on accessories. dan hess joins us now. he's c.e.o. of merchant forecast, a research firm specializing in retail strategy. dan, a lot of people might not be sure what a global life-style brand in and what does it mean that coach will be doing differently than it is doing right now? >> well, a global lifestyle brand is typically a brand that tries to cover every aspect of a customer's life, whether it is her apparel, her shoes, her accessories, even her cosmetics and fragrances. it also tries to appeal to every part of a woman's day, whether it is her morning, her work, her evening, her play. sciewrmt>> susie: so you think that is a successful strategy? does that make sense to y
erika miller, "n.b.r.," new york. >> susie: a big "earnings miss" crushed shares of coach today. the luxury retailer reported a profit of $1.23 a share, a nickel below estimates. revenue rose 4%, but also below expectations. shares plunged more than 16% on the news. the company's c.e.o. blamed the results on "challenging" holiday sales and says coach is now transforming to a "global lifestyle brand" focused on accessories. dan hess joins us now....
157
157
Jan 10, 2013
01/13
by
KQED
tv
eye 157
favorite 0
quote 0
erika miller reports. >> reporter: maybe it was the outrage by the public and politicians, or perhaps it was simply a business and legal decision. a.i.g.'s board did not explain why it decided not to join a shareholder lawsuit against the government. back in september 2008, the insurer was saved from collapse with a $182 billion loan. that's the largest government rescue of any wall street firm. former c.e.o. hank greenberg filed suit on behalf of shareholders asking for $25 billion in damages. he alleges the terms of the bailout were too harsh, including 14.5% interest on its initial loan. but columbia law professor jack coffee does not think the suit will be successful: >> i think its a longshot suit, he has alleged very specific facts, that the federal government was seeking to take over a.i.g. and run it for the best interest of others and not its shareholders, but it is very, very rare that a federal court will allow a derivative action to proceed against third parties. >> reporter: a.i.g. was legally obligated to consider joining the suit. but today's board meeting comes on the
erika miller reports. >> reporter: maybe it was the outrage by the public and politicians, or perhaps it was simply a business and legal decision. a.i.g.'s board did not explain why it decided not to join a shareholder lawsuit against the government. back in september 2008, the insurer was saved from collapse with a $182 billion loan. that's the largest government rescue of any wall street firm. former c.e.o. hank greenberg filed suit on behalf of shareholders asking for $25 billion in...
476
476
Jan 20, 2013
01/13
by
KDTV
tv
eye 476
favorite 0
quote 0
. >> se pide que no se vendan armas de asalto , desde chicago illinos erika maldonado univisiónsion .ron al medio 5 heridos en el estado, se hirio a persona donde se exhibian armas , ayudante de alguacil también recibió heridas. >> es una batalla solitaria que nohanido respaldo de sectores políticos ,llevan una semana encadenados en la oficina de la oea . esta cámarailla ostenta a que el gobierno no diga la verdad. >> el panorama político sigue tenso por la ausencia de hugo chávez, las protestas estudianatiles son las únicas que se sienten en las calles. >> repudiamos acciónes violentas y denunciamos a la derecha venezolana donde quieren propiciar un golpe de estado en venezuela, están aplicando la fuerza y la represion , pidio respeto por fotos que han estado siendo públicadas en las redes sociales. >> dirigentes son señalados por apoyar las protesta estudiantiles. >> nosotros cremos en el debate en la calle. >> el principal foco de atención esta en el drama presidencial y en el descenlace. >> ha tenido una respuesta represiva por parte del gobierno. >> niñas y niños de varios puntos
. >> se pide que no se vendan armas de asalto , desde chicago illinos erika maldonado univisiónsion .ron al medio 5 heridos en el estado, se hirio a persona donde se exhibian armas , ayudante de alguacil también recibió heridas. >> es una batalla solitaria que nohanido respaldo de sectores políticos ,llevan una semana encadenados en la oficina de la oea . esta cámarailla ostenta a que el gobierno no diga la verdad. >> el panorama político sigue tenso por la ausencia de...
276
276
Jan 2, 2013
01/13
by
WETA
tv
eye 276
favorite 0
quote 0
erika miller takes a closer look at how the deal will affect consumer and business spending this year. >> reporter: the fiscal cliff deal removes a major negative overhang for the u.s. economy. >> congress wasn't just voting on a fiscal package. they were voting on whether or not they wanted the economy to slip into contraction in the first half of 2013. >> reporter: but, it's not clear the economy is in any better shape, as a result of the deal. >> overall , it should be a little bit of a drag. when tax rates go up, there will be less money around to spend. there will be a lower savings rate most likely. >> reporter: the budget bill raises the top marginal tax rate to 39.6%. those top earners will also pay higher taxes on their investments. but, many of those households will be able to absorb the tax increases by lowering their savings rates. the bigger concern is what happens to spending by lower and middle income consumers. the decision not to extend the payroll tax cuts for all workers, means the average household will have a thousand dollars less income this year. >> a lot of wor
erika miller takes a closer look at how the deal will affect consumer and business spending this year. >> reporter: the fiscal cliff deal removes a major negative overhang for the u.s. economy. >> congress wasn't just voting on a fiscal package. they were voting on whether or not they wanted the economy to slip into contraction in the first half of 2013. >> reporter: but, it's not clear the economy is in any better shape, as a result of the deal. >> overall , it should...
222
222
Jan 11, 2013
01/13
by
KQED
tv
eye 222
favorite 0
quote 0
here's erika miller in new york. >> reporter: large caps tend to get most of the attention on wall street. and they're doing well this year, thanks to the resolution of the fiscal cliff. but it's the small caps that have quietly snuck up to all time highs. there's been a lot of muscle in the russell lately. the index of small cap stocks is hovering at record levels. it gained 6% in the past month, double the increase in the s&p 500. small caps are loosely defined as companies with market caps between $300 million and $2 billion. and investors are flocking to those stocks because they do business mainly in the u.s., unlike the large, multinational firms. though the u.s. economy is hardly on fire, it's growing faster than most other countries in the developed world. >> we don't see a recession in the united states. funding liquidity is still pretty strong from the federal reserve. so there's good reason to think that economically sensitive stocks, like small caps, could have a good run in 2013. >> reporter: small companies are also growing their earnings at a much faster rate than the big b
here's erika miller in new york. >> reporter: large caps tend to get most of the attention on wall street. and they're doing well this year, thanks to the resolution of the fiscal cliff. but it's the small caps that have quietly snuck up to all time highs. there's been a lot of muscle in the russell lately. the index of small cap stocks is hovering at record levels. it gained 6% in the past month, double the increase in the s&p 500. small caps are loosely defined as companies with...
151
151
Jan 12, 2013
01/13
by
KQED
tv
eye 151
favorite 0
quote 0
erika miller reports. >> reporter: hospitals like montefiore medical center in the bronx are reporting big spikes in flu cases. here, as many as 40% of people seeking emergency care have flu symptoms. >> in our pediatric emergency room, we are seeing in the range of 200 patients a day. and at that point, it's difficult to manage with all the staff that we have and the rooms that we have. >> reporter: the situation has gotten so bad in the big apple, that it's new nickname is "flu york city." but many other places are getting slammed by the flu, too. as this map from the centers for disease control shows-- the epidemic is widespread across the nation. unfortunately, the flu's early arrival, and this year's particularly nasty strain, are creating shortages of the tamiflu treatment, as well as flu vaccines in some areas. on average, seasonal flu outbreaks cost u.s. employers $10.4 billion in healthcare costs, according to the centers for disease control. but this year is expected to be far worse. that figure does not include the cost of lost worker productivity. >> reporter: to make matte
erika miller reports. >> reporter: hospitals like montefiore medical center in the bronx are reporting big spikes in flu cases. here, as many as 40% of people seeking emergency care have flu symptoms. >> in our pediatric emergency room, we are seeing in the range of 200 patients a day. and at that point, it's difficult to manage with all the staff that we have and the rooms that we have. >> reporter: the situation has gotten so bad in the big apple, that it's new nickname is...
129
129
Jan 8, 2013
01/13
by
KQED
tv
eye 129
favorite 0
quote 0
erika miller tonight takes a closer look at the financial health of the country's banks. >> reporter: the economy may be weak, but the nation's biggest banks are in their best shape in years. >> capital levels now are double, and in some cases triple what they were at the height of the financial crisis. most banks are making money again. most bad loans have been charged off. so overall, the banking sector is in pretty good shape. >> reporter: an increasing number of banks are expected to get the fed's approval to give back more money to shareholders, in the form of higher dividends and stock buybacks. citigroup is expected to get permission for its first share buyback since 2007. >> i think if they get that this time, it will be a clear sign of a positive situation. because suddenly you have what was arguably the most impaired surviving bank able to have a share repurchase and increase their dividend. >> reporter: investors have taken note. the k.b.w. bank index is up 4% this year. that's on top of a 30% gain last year. but it's not all smooth sailing for big banks this year. economic
erika miller tonight takes a closer look at the financial health of the country's banks. >> reporter: the economy may be weak, but the nation's biggest banks are in their best shape in years. >> capital levels now are double, and in some cases triple what they were at the height of the financial crisis. most banks are making money again. most bad loans have been charged off. so overall, the banking sector is in pretty good shape. >> reporter: an increasing number of banks are...
172
172
Jan 18, 2013
01/13
by
KQEH
tv
eye 172
favorite 0
quote 0
erika miller reports. >> reporter: investors weren't happy with citigroup's earnings, and neither was its c.e.o. >> we recognize that our net income today doesn't yet reflect the amount or caliber of earnings that our shareholders expect and our franchise is capable of. the company earned 69 cents a share in the fourth quarter, 30 cents more than a year ago. but that was far short of the 97 cents expected. >> reporter: citi's legal expenses rose sharply because of a settlement it and other banks reached last week with the government over illegal foreclosure practices. results at bank of america were also weighed down by that deal. but an even bigger hit to of b. of a.'s earnings came from a settlement with fannie mae to end a dispute over bad home loans. the bank earned 3 cents a share in the period, a big drop from the 15 cents earned in the same period last year. c.e.o. brian moynihan tried to put a positive spin on today's results. >> our strategies continue to work, were seeing growth across all the core businesses. were seeing that momentum continue to accelerate. >> reporter: bu
erika miller reports. >> reporter: investors weren't happy with citigroup's earnings, and neither was its c.e.o. >> we recognize that our net income today doesn't yet reflect the amount or caliber of earnings that our shareholders expect and our franchise is capable of. the company earned 69 cents a share in the fourth quarter, 30 cents more than a year ago. but that was far short of the 97 cents expected. >> reporter: citi's legal expenses rose sharply because of a settlement...
98
98
Jan 10, 2013
01/13
by
WJZ
tv
eye 98
favorite 0
quote 0
erika miller reports. >> reporter: maybe it was the outrage by the public and politicians, or perhaps it was simply a business and legal decision. a.i.g.'s board did not explain why it decided not to join a shareholder lawsuit against the government. back in september 2008, the insurer was saved from collapse with a $182 billion loan. that's the largest government rescue of any wall street firm. former c.e.o. hank greenberg filed suit on behalf of shareholders asking for $25 billion in damages. he alleges the terms of the bailout were too harsh including 14.5% interest on its initial loan. but columbia law professor jack coffee does not think the suit will be successful: >> i think its a longshot suit he has alleged very specific facts, that the federal government was seeking to take over a.i.g. and run it for the best interest of others and not its shareholders, but it is very, very rare that a federal court will allow a derivative action to proceed against third parties. >> reporter: a.i.g. was legally obligated to consider joining the suit. but today's board meeting comes on the he
erika miller reports. >> reporter: maybe it was the outrage by the public and politicians, or perhaps it was simply a business and legal decision. a.i.g.'s board did not explain why it decided not to join a shareholder lawsuit against the government. back in september 2008, the insurer was saved from collapse with a $182 billion loan. that's the largest government rescue of any wall street firm. former c.e.o. hank greenberg filed suit on behalf of shareholders asking for $25 billion in...
112
112
Jan 16, 2013
01/13
by
KQED
tv
eye 112
favorite 0
quote 0
erika miller reports. >> reporter: it was facebook's first major press event since its initial public offering flopped in may. before the announcement, there was speculation facebook could unveil a smartphone or a web search engine, so a social search feature came as something of a letdown. the tool will help users search their social network for information that has already been shared with them. for example, a facebook user taking a trip to london might ask for "restaurants in london my friends have been to." one feature touted by facebook is that the request can be in plain english. >> i like the idea of being able to quickly parse my friends via groups. that's pretty cool. so, if i have a common interest- - whether it's a tv show, food, an area that i'm interested in visiting-- that's very nice to be able to very quickly parse that out. >> reporter: as part of this strategy, facebook is partnering with microsoft's bing internet search engine, and if facebook can't find results in your network, it will switch to bing to search the entire web. the news helped push up shares of micro
erika miller reports. >> reporter: it was facebook's first major press event since its initial public offering flopped in may. before the announcement, there was speculation facebook could unveil a smartphone or a web search engine, so a social search feature came as something of a letdown. the tool will help users search their social network for information that has already been shared with them. for example, a facebook user taking a trip to london might ask for "restaurants in...
212
212
tv
eye 212
favorite 0
quote 0
aaron, erika? >>> thank you, alexis. we have a heads up for metro ride evers.ins and buses running on a sunday schedule today. the rail system will open at 7:00 this morning and close at midnight. parking is free at all metro-operated lots today. >>> the new year brings new plans to replace the aging frederick douglass memorial bridge in southeast washington. mayor gray unveiled the design which would span the anacostia river less than a thousand feet away from the current bridge built in 1950. the project would also include constructing a traffic circle and oval on both sides and reconstructing the 295 suitland parkway interchange. construction expected to start in 2015. that project estimated to cost about $660 million. >> on the other side of the world, nato troops serving in afghanistan celebrated the new year with a party. soldiers from different countries gathered in kabul for a dance party. looks like everybody had a good time too. >> nato has more than 100,000 troops in afghanistan including 66,000 u.s. forces. nato will withdraw almost all of its force
aaron, erika? >>> thank you, alexis. we have a heads up for metro ride evers.ins and buses running on a sunday schedule today. the rail system will open at 7:00 this morning and close at midnight. parking is free at all metro-operated lots today. >>> the new year brings new plans to replace the aging frederick douglass memorial bridge in southeast washington. mayor gray unveiled the design which would span the anacostia river less than a thousand feet away from the current...
233
233
Jan 12, 2013
01/13
by
KQEH
tv
eye 233
favorite 0
quote 0
erika miller, "n.b.r.," the bronx. >> tom: the u.s. trade gap grew unexpectedly in november.went up 16% to about $49 billion.xd the news is bittersweet. the gap grew thanks to an increase in demand for consumer imports like apple's iphone 5. we heard some dissention inside the federal reserve. the head of the philadelphia fed charles plosser said the central bank's policy of buying bonds is risky. but it was a mild day for wall street. the dow gained 17. the nasdaq added almost four points. the s&p lost a fraction. and for the first full trading week of the year, both the dow and s&p gained half a percent. the nasdaq ticked up nearly 1%. >> susie: investors were preoccupied tod! with wells fargo. the first big u.s. bank to report earnings. even though its results came in better than expected. investors were concerned by slower loan growth and how much money the bank makes on those loans. the so-called net interest margin declined more thanç expected. wells earned 92 cents, three cents more than estimates. revenues also came in higher than expected: up 6.5% to almost $22 bill
erika miller, "n.b.r.," the bronx. >> tom: the u.s. trade gap grew unexpectedly in november.went up 16% to about $49 billion.xd the news is bittersweet. the gap grew thanks to an increase in demand for consumer imports like apple's iphone 5. we heard some dissention inside the federal reserve. the head of the philadelphia fed charles plosser said the central bank's policy of buying bonds is risky. but it was a mild day for wall street. the dow gained 17. the nasdaq added almost...