eunice, great stuff. thanks very much. >> until apple's earnings and then we have to pore over the details. the subsidies. the china mobile boss gets one for free. he gets his gold one for free. any guess? >> what? >> how much they're going to have to -- >> no, no. >> they're being sold by two of their suppliers who are already cutting prices. >> interesting. >>> now, general motors will start paying a quarterly dividend in march. the automaker's stopped dividend necessary june 2008 before it was bailed out by the u.s. government. it comes after gm posted a 4% increase in global sales last year, helping it secure second place behind toyota. naming chuck stevens as ceo who becomes company president today. shares rose 2% in after hours. today, adding to those gains in the german trading session. >> on the stock, still to come, as egyptians head to the polls on the final day for the constitutional vote, which could pave the way for new elections, the company's finance minister speaks exclusively with cnbc. m

eunice yoon, thank you.e hours. >> she's been there on time. >> thank you, eunice. great interview. >> it was. with walter isaacson, the interview of the morning. >> yep. >> okay. >>> they're tied. investors have been focused on economic data this week after friday's dismal jobs report. so far it hasn't disappointed. today, that could move markets. the december ppi, plus a read into business conditions in new york when we get the empire state manufacturing index. as we head to break, a look at the "squawk box" realtime market indicator. we'll be right back. [ male announcer ] this is the story of the little room over the pizza place on chestnut street the modest first floor bedroom in tallinn, estonia and the southbound bus barreling down i-95. ♪ 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

to eunice a new teen lee intercept american citizens'. text message use you know. where the calls text messages so you just see everything about my knowledge that i actually basically and that's all legal absolutely legal yes when you bareback with the internet your bare back legs brother. millions around the globe struggle with hunger each good. what if someone offers a lifetime food supply no charge. they can the very strong position against g.m.o. and we think that's. the genetic anymore the right products are priest. there is no. evidence that there is any problem with genetic engineering when you make a deal. or is free cheese always in the most track i don't need that. for and that free. enterprise is profit. for social justice golden rice barkeep. welcome back to the kaiser report i max keiser time now to turn to futurist architect and free software advocate arian campos welcome back to the kaiser report great smearing and tinfoil is the new black. explained so we had a presentation by jake up about where he did those numbers at the c.d.c. conference c.d.c.

eunice is in beijing crunching the numbers for us. a slowdown on investment spending, a little more than we were expecting, so where does this leave us now with the thoughts on the year ahead? >> well, most people and most economists, should say are expecting that 2014 is going to see a further slowdown. it's a continuation of the momentum we saw at the end of last year whereby the government has been cracking down on some of the credit. of course, there was a lot of credit in the system late last year. there's been a continuation of a crackdown going into next year, at least that's what the expectation is. also, into this year, people are expecting the leadership to really want to push ahead with a lot of those economic reforms that they were detailing at the end of last year to try to shift the economy from an investment-led model to a consumption-led model. of course this will take a lot of time, but at the same time the discussion and the direction really has been to try to shift the model and people are expecting to see some of t

eunice, we look forward to working with you this week. >> eunice down here tomorrow, in fact. >> looking. >> 20 minutes left to go before the close. we've come off the highs just a touch. the dow is about 108 points at 16,533 at this hour. >>> the ripple effects of bernie madoff still being felt five years later. now with jpmorgan chase. they're taking a multibillion dollar hit. we have details on that coming up. >>> plus, we want to get your tweets on this, your thoughts. tell us if you think the government should be going after individuals instead of just institutions like jpmorgan chase. >>> and after the bell, it's millennials on the march. from protests to petitions to a new manifesto demanding guaranteed jobs for everybody for life. the author of that article will join us to defend his generation. keep it right here. [ male announcer ] this is the story of the little room over the pizza place on chestnut street the modest first floor bedroom in tallinn, estonia and the southbound bus barreling down i-95. ♪ this magic moment it is the story of where every great idea begins. and of t

and eunice, great dress.bout 40 minutes left to go to the closing bell. >> gee, i wonder why you said that. >> can we talk about the nasdaq for one second? >> we can. >> it's up 83 points, 2%. its best performance since october. this despite the fact that apple is struggling today. >> a great stat i just pulled up. after falling 4.4% in the past five days, the nasdaq 100 as of at least a few hours ago was having its best gain if nearly four months. up 2%. and the nasdaq has even added to that since then. so it's up a little more than 2%, up 82, almost 83 points. >> some of that bidding into what we're going to hear from amazon after hours. that stock up 5% today. the bar is rising. we'll see if they deliver. >> microsoft, could they deliver? could they be finally settling on a new ceo? we have details on that exclusive search. >> and facebook sharing hitting new highs today. the stock is up 63% since going public. keep it right here. you're watching cnbc "closing bell." >>> welcome back. this stock market giv

eunice yoon, cnbc, beijing. >> that's a lot of trips. >>> now what's on the agenda for tomorrow? the lunar new year will close many markets across the area. but we'll get earnings from nomura, toshiba, fujitsu and many more. >>> thousands of passenger are expected to have flights delayed. stephane, what is the problem this time? >> in madrid and barcelona, there are some slight discorruptions today. the spanish haven't been able to join the movement. the main union for the spanish traffic controller is supporting the process, but they haven't been able to go on strike because they didn't have enough time to follow all the legal process that would eventually allow them to go on strike. the low change a year and a half ago in the country. there are massive strikes from air traffic controllers, the traffic for several weeks and that's the reason why. there's the prime minister decided at the time to change the laws. still, there are some discorruptions. the main one will come from france. the air traffic controllers will be on strike for a full day tomorrow. perhaps it's something t

eunice yun has the story. >> the chiefs of two tech titans celebrate their newfound friendship. tim cooke and the chairman of the world's biggest cell phone carrier, china mobile, are at the store, handing out autographeded iphones to some of the first to buy one through china mobile. >> today, we're bringing the best smart phone to the fastest notework and the largest network in the world. >> for six years, the two have been courting each other, unable to see eye to eye on commercial terms in text messachnology, bu they've overcome those hurdles. this is what the fuss is all about. iphone. china mobile can earn more as customers spend on data. apple could potentially sell millions more gadgets to chinese companies 760 million subscribers, twice the size of the population of the united states. china is apple's biggest market outside the u.s., but many wonder if it's new partnership would be enough to fend off cheaper competition and maintain its iconic status here long-term. >> the bottom line is it's going to help apple to sell more phones in china at a time when apple started

it is to create 16 affordable eunice and one manager's unit. it is a joint effort between mercy housing and mayor's office of housing. [speaker not understood] planning code requirements related to density, open space, exposure, setbacks and parking. the majority of these modifications cannot be met due to existing site constraints. the sud was initiated at the full board by supervisor breed on november 5th, 2013. on december 19th, 2013 the planning commission unanimously adopted [speaker not understood] to support the sud and authorization to implement the sud. thank you. this concludes presentation. i'm here for questions. >> thank you. next we have tim dunn from mercy housing. >> yes, thank you. tim dunn from mercy housing. i'll be brief and won't repeat what was said before me. i'd like to say mercy is -- really like to thank supervisor breed and her office for supporting this measure. we're really excited to renovate this property. there is a huge demand for this housing for the developmentally disabled and very little of it in san francis

eunice yoon joins us from beijing. i wasn't kidding when he said it's taken us a while. >> i know. years. >> that's not on long. >> yeah, well, people have been ordering them. the company said that they had over a million preorders so far. so i mean, it's difficult to gauge from, say, the store itself. it was a little bit crowded. there's some lines. but it really was difficult. so i think it's probably going to be safetory really gauge everything and really make a judgment once the official sales come out. a lot of people have been talking about this story, waiting for it to happen. finally, it has. we've seen apple is probably now going to get a boost and a lot of people are excited about it because of the fact that the company has been saving competition, especially from rivals. china mobile, they really have been trying to push this new 4g network, a fast speed network that they're hoping will help generate a lot of data profitability for them. but at this stage, ross, one of the big questions that people have here is still unanswered. the subsidies, there's been a lot of discu

hi, eunice. >> reporter: hi, carl.y come to a close. both men did sit down with me and they had a very good rapport going. they said they were very confident and optimistic about the release of the iphone in china mobile stores which is going to happen this friday. this is what tim cook had to say -- >> it's a watershed day for apple. it's a huge announcement. i'm so honored to be doing business with chairman xi and china mobile. they have the largest network. we're incredibly impressed with them. we have deep respect for them and have had from the very first discussion that we've had together. we see this as bringing the world's best smartphone to the very largest and now the fastest network in china. >> reporter: now, this deal has been a long time coming. both companies are set to benefit. china mobile has been wanting to have a deal with the iphone because they are now rolling out new data services, 4g services and so they're hoping to really change their reputation so they don't rely so much on voice calls and ins

that eunice glorious manner. you see him or me because this matter. a president who as too high and i met. and writing the blog in god. on this quilt or two she's an age mr is another monday god and requires home. he had told me and the months of medina long is a lifelong passion of haiti has four children and former presidential candidate said in a non royale the situation has been fed a complicated by the fact that barry tree when a long long time honda was hospitalized alloys officer allegations of his advance as this. this is the first time ever. in french history bending the knee of complying. and being a badass he's not know why the president. so you can get crazy again. as an iron age mr. pour evenly combined along the sixty nine came to power in twenty twelve and according to polls is the most unpopular president in front is one in history that has made it to tackle unemployment and widespread sense that he lacks authority analysts say it is in loans interest to come up with the clear and precise response to the accusations that his offence an

goes to eunice a new teen lee in a sept american citizens moves text messages you know. where the cold text messages so you test and see everything without my knowledge but actually basically and that's a legal absolutely legal yes when you bareback with the internet your bare back with big brother. u.s. president barack obama's public opinion ratings are in the doldrums he may finishes days in office as one of the country's worst in least effective presidents how do historians and the public to determine the success or failure of an american president and why are some presidents rehabilitated years or even decades after they leave office. it was a. very hard to take over. once again there was a lot at that facts with the earthquake there no. one. was. going. welcome back to worlds apart we're discussing here is foreign policy with one of the country's most distinguished diplomats cast for months ambassador freeman five years ago you were offered the very influential position in the obama administration as the chair of the national intelligence council and elsewhere that

to eunice a teen lee in a sept american citizens. text message use you know. where the calls text messages so you just see everything about my knowledge that i actually basically and that's all legal absolutely yes when you bareback with the internet you're back with big brother. choose your language. because we know if they sell some of. the consensus you can. choose the opinions that you think are great to. choose the stories that impact the life choose the access to your office. you know the playing. field limbic spirit travels with the flame from its birthplace in greece. james brown for an elemental and epic journey around russia and beyond. where i was. privy to sleep peacekeepers for a president our concerns with monitoring peace deals in a post conflict environment nowadays there are increasingly asked to operate in the highest risk of bias while believe violence is still illegal all we need to stay. motionless what these people have caused over almost twenty years four million people killed millions of displaced and refugees tens of thousands of women

for nightly business report, i'm eunice in beijing. >>> lawmakering took a big step towards passing a federal spending bill. the house passed the more than $1 trillion bipartisan bill that will fund the government through the end of september. that bill will go to the senate where it's expected to pass as soon as thursday. >>> the economic outlook is positive and the u.s. economy continued to growed a a moderate pace, that's the message from the federal reserve's late earth beige book survey of conditions around the nation over the past six weeks. now some regions reported a pick-up in growth thanks to more consumer spending and a jump in factory activity. as mentioned at the top of the program, u.s. factories have been busy, especially in new york state. the empire state manufacturing index rose to the highest level in two years in the month of december. new orders, shipments and even hiring all increased. well, the white house is betting big on even more u.s. manufacturing. president obama was in raleigh, north carolina today, to announce a new public/private manufacturing hub to be

to eunice a new keenly intercept american citizens' emails text messages you know. where the calls text messages so you test and see everything about my knowledge that i face basically and that's all legal absolutely legal yes when you bareback with the internet your bare back with big brother killed. wealthy british style stock. market why not come to. find out what's really happening to the global economy with mike's concert there are no holds barred look up but global financial headlines tune into kinds a report on our. these are your hours headlines on r t syria's opposition coalition is saying yes to attending next week's peace talks in switzerland but can't confirm which delegates will attend this as experts from mit call into question the u.s. claims that assad forces were behind a chemical attack near damascus last year. moscow officials visit the guantanamo bay detention center to meet a russian man who's been incarcerated there without charge for nearly twelve years . president obama says his much anticipated plans to reform the n.s.a. are a step in the ri

goes to eunice a new teen lee intercept american citizens'. text messages you know. where the calls text messages so you just see everything without my knowledge but actually basically and there's no legal absolutely yes when you bareback with the internet your bare back with big brother. ariel sharon has died and been given a state funeral he is called controversial and even a peacemaker by mainstream media and political plans and many other strong we reject these descriptions on this edition of cross talk with a simple question who was ariel sharon. one of the new posters on martin to watch the polish face i describe you know it. was. a pleasure to have you with us here on t.v. today i'm sure. this genetically modified plant is at the center of a controversy a controversy about how we deal with one of the most powerful technologies mankind has ever created. a technology that is polarizing society. the protagonists include a now retired professor at e.t.h. who believes his golden rice will save children throughout the entire world. a swiss agricultural chemical corp

we're pleased to have eunice yoon here from beijing., and nathan backrack. great to see all of you. stephanie link what is going on with the dow today? >> well i thought the data today was actually pretty good right? i think everybody was saying the data was pretty good and if you in addition to not only the adp number and the construction figure which was the best number we have seen in quite some years, you have had good ism employment numbers. the expectations for friday is that it's going to be a good number and we'll see what happens. the economic data in the u.s. is getting better. i think honestly kelly, we just have to get to earnings and listen to what companies have to say. we'll get a little bit of a read tomorrow from alcoa. i will listen more carefully to what they say versus how the stock reacts because they have very important end markets like aerospace and auto and that kind of thing. so let's listen. let's get to earnings. let's hear what the companies have to say before we panic about selling off and taking profits. >>

eunice, thank you.oon standing by in beijing. >>> we've been watching the markets here in the united states. allison deenz ans is a cnbc contributor. we've still been trying to figure out what's happening at the beginning part of the year. maybe it's give back from the big gains we saw at the end of last year, maybe we're waiting to see more from the earnings front. >> i think it's a combination of both. last year was a fantastic year. the prior year wasn't so bad in the markets. because most people still remember the 2008 market correction, i think they're skittish. until they see consistently good information, they're probably going to be quick to pull the trigger and lighten some of their positions and take some profits. >> general electric was out with earnings this morning and met expectations in terms of the earnings per share, i thought it was interesting what jeff inlet said growth and condition, strength in the u.s. and europe. >> if anything, my sense is later this year, europe might become le

this is a look at the fire that destroyed a machine shop and damaged furment eunice the cloud of smoke is visible for miles. about 100 firefighters spent two and a half hours getting this blaze under control. they used about a million gallons of water to do so. >> it's incredible. like, wow. i mean, it's amazing. you know? just wanted to make sure everyone was okay. >> no one was inside of the shop at the time. all apartments were evacuated. 17 people are out of their homes right now. >> santa clara chip maker intel plans to cut 5,000 jobs. today's announcement comes after the chip maker producted sales would be flat the company did not say where cuts would occur but said it's refocusing. more cuts to tell but in san jose. sarah technologies says it's laying off a third of the employees and will end manufacturing operations at its digital optics business that made camera parts for smart phones. tesara will spread cuts in japan, taiwan, as well as here in the u.s.. >> san francisco high schoolers getting a head start on their futures the program inside manufacturing provides high school

twenty fourteen finished last year with an under time victory at home to look to a new side that eunice earned what you can through the courts hopefully for the hunger. games are coming thick and fast for cisco moscow has failed me month fine on two fronts at home and in europe however the russian champions did manage to take a little time outs as he claims and coaching staff took part in an end of year skills told him and it's there were plenty of smiles on the hardwood and no knock of tricks even as they played for the grand prize a bottle of champagne a little bit of festive spirits before real action resumed something the biggest part of being for first of us hope you don't get to celebrate most of the holidays it would be to have as good of occasions where you know it's part of just to kind of deal with this with the holiday season in full swing those basketball lovers who one busy with last minute shopping have the chance to watch serious cancer game of a calendar year against neptunus and one man who took the opportunity was the u.s. ambassador michael mcfaul who wants to scar se

to eunice a new teen lee intercept american citizens'. text message use you know. where the calls text messages so you just. see everything without my knowledge thankfully basically and that's all legal absolutely legal yes when you're back with the internet you're back but there are other. millions around the globe struggle with hunger each day. what if someone offers a lifetime food supply no charge. against g.m.o. and we think that's. the genetic anymore the right products are pretty cool. there is no. evidence that there is any problem with genetic engineering when you make a deal. or is free cheese always in the mousetrap i don't think that. is profit that. these golden rice. coming up on our team for the fifth straight day thousands of residents in west virginia are banned from drinking the water state officials are still testing for water toxicity while the investigation into the spill eats up we'll have a report from west virginia straight ahead. and what's for dinner a virus is killing pigs across the country so is pork safe for your dinner table find out

eunice, we need you, so stick around in case anything happens. but 300 points on a friday and then it's up on a monday? we will see -- that's not the big scary thing that happens in a -- a lot of people are saying there's a little trepidation about what's happening in the currency markets, but it's now got to get so bad there that it affects us in terms that we can't export stuff there. it's not -- this is to be expected. we're tapering. hopefully this isn't going -- i'm talking to you, ben bernanke, don't let this -- last time a little flux, a little vicks goes up 2% and they are going to taper. you are always worried. >> i'm worried. >> don't you worry. >> you are a currency expert, right? >> how do you know what the taper looks like? we have not been here before and don't know what china is doing either. >> i'll give you the other side. >> two scary unknowns. >> the one thing that scares me is that we all assume that they were successful in doing this and that it's a free lunch and there's going to be no repercussions. if that last employment

eunice yoon thank you for that. we have about ten minutes to go before the closing bell is going to ring. we're barely holding onto positive territory. the dow is up 11 points trying to avoid its fifth straight losing day. >> you can see the effort in this market. it's been such a choppy day as we have gone from being up 50 to down 50 to effectively flat here. >> to injureyour point, you can almost feel the effort of the bears, the sellers more so than those trying to keep the market positive. it's been a sell first market this year. almost from the beginning of the year. it's such a different tone since the way we ended it last year. >> and the s&p is down three points at this hour. the nasdaq has given up 29. former ub s chair robert wolff knows how washington and wall street works. robert wolf will join us after the closing bell. keep it right here. mine was earned in korea in 1953. afghanistan, in 2009. orbiting the moon in 1971. [ male announcer ] once it's earned, usaa auto insurance is often handed down from

thought this was a fake story until i reached out to a number of people in china, including cnbc's own euniceked into it from the china side. here's what's interesting about this story. it's not a question about what they're saying on one level. it's that it's in the people's daily and this is the communist party paper. when you have this in china, that means it has the government's backing. that's the significance. i must say, the company says there are a bunch of inaccuracies. the company, they didn't have any chance to talk to the reporters, they're trying to find out who the reporters are. anyway, that's a significant takeaway from this. >> i also want to mention one other thing here. that is as it relates to the other companies doing business there. i have a piece on the street.com about this right now. whether it's herbalife or others, you have to take a look now because if the government comes out and is sending a message to nuskin, you can best bet they are sending a message to all of them. >> okay. thank you for that. herb, always great to see you. thank you so much. >>> will the nas

cnbc's eunice eun was with tim cook in beijing's financial district. >> reporter: after six years of negotiations, china mobile is finally selling apple iphones at its store. apple's ceo tim cook marked the occasion by visiting an apple store in beijing, handing out iphones to some lucky customers. both the 5s and 5c, those phones were actually autographed. a lot of people here still believe that apple is going to get a boost from this deal. the company has been facing some stiffer competition from cheaper smartphone rivals, but now apple is going to get access to china mobile's vast network of 760 million subscribers. >> fantastic for apple to be launching with china mobile today. we have long wanted and waited for this day to come, and i'm so happy that it's come today. today we're bringing the best smartphone to the fastest network and the largest network in the world. >> reporter: the two companies say they have received over a million orders for the phones. some analysts wonder if this new partnership is going to be the catalyst that apple needs to maintain its iconic status her

it taps into the choices of status quo with eunice and i think we agreed that there's no such thing in time without any old shoes independence hall for unification. sure the heaters in the chamber where these figures it out. it's been so they'd have to realize that perhaps there's something more that needs to be done at home before they began to press. taiwan too hard on political talks in um the yield may be part of a political option b the question of how quickly time you know the mainland will will move towards democratization but i'm not very hopeful. we know that last march that was his well publicized in the media there was any instruction from the party. telling universities that they should not discuss civil liberties civil society. democracy two list of subjects the history of the communist party. i think that's not a good indication of the direction things are going and so the liner notes of taiwan is no democracy. i think that people appreciate that that flourished under it um i think they certainly want to keep a relationship with china economically but until the situation

back to you guys. >> thank you very much, eunice yoon reporting there from beijing. though, with apple in china, like china mobile already has 45 million subscribers on smuggled phones. >>> up next in the program, fitness 2.0, taking working out to the 21st century hoping to be on the cutting edge of wearable technology in the gym. we'll get more on that and the company's controversial new ad campaign when the equinox ceo joins us live at post nine, right after this break. mine was earned orbiting the moon in 1971. afghanistan, in 2009. on the u.s.s. saratoga in 1982. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection. and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. (voseeker of the sublime.ro. you can separate runway ridiculousness... from fashion that flies off the shelves. and you...rent from national. because o

eunice, great to see you. what can you tell us?lly, i can tell you that china really dodged a bullet today. a lot of people worried here that we would see a default in the shadow banking industry which could have had a ripple effect around the world. however, that did not happen. to give you background about it what we saw was that a wealth management product worth $500 million u.s. was coming due this week. the company associated with it, a coal mining company, said it couldn't pay the money back, and investors were going to be stuck in some way, shape or form. so there are a lot of people who are wondering how the authorities were going to treat this current situation. as it turns out, the shadow lender, which is a company called a china credit trust, did put up a notice today and said that they have worked out a deal. they said that there was going to be an investment in the coal mining company. we've been hearing that investors are going to be getting at least principal back and potentially some of their interest. now, the larg