fed ex, or is that too strong correlation?that's probably too strong. it does help. you saw apple buy up a lot of spare capacity. we had a lot of capacity part the past six months or so. air freight volumes have declined and carriers were dropping capacity and then you had a big buyer in the market and bought capacity. so others looking for air freight capacity have to pay the higher rate. >> does that offset -- does the success of fed ex offset fuel cost increases and the fact that consumers sometimes cut back on things like overnight delivery if they feel challenged in other parts? >> fuel will be an impact in the quarter, as you know, it's risen. and over the long-term fuels will pass through, but in the short-term it could be a headwind. that could pinch them. we have had favorable weather, as you know, in the quarter. so that's going to help offset some of that fuel impact. a year ago we had some very difficult comps with the weather. but about the consumer, yes, you do worry about demand destruction with the consumer, ho

delia goncalves is live at fed ex field in landover. good morning, delia. >> reporter: good morning, jess. many fans know football is a very tough and violent sport, but a lot of folks expected at least it to be clean and fair. well, gregg williams is accused of muddying up the game by allegedly paying these players off when he was with the new orleans saints and there was a good chance when he was with the washington redskins on the sidelines here at fed ex field. williams served as defensive coordinator for the new orleans saints from 2009 to 2011. he and up to 27 players are linked to a, quote, pay for pain program where williams would reward players who knocked out opposing players on the field. one former player says he was even paid up to $1500 for one sack. the scheme was allegedly ceardz out when the n.f.l. was -- carried out when the n.f.l. was trying to prevent head injuries and focusing on safety by changing rules and imposing larger fines for violent hits. in his 22-year n.f.l. career, williams was known to be a super aggres

delia goncalves is live outside of fed ex field with the story. good morning. >> reporter: good morning. gregg williams was with the redskins from 2004 to 2007. coach joe gibbs who was the coach at the time has been on the record he does not approved of this kind of activity around he says he didn't even know it was happening here. however, several redskins players have confirmed it indeed was a practice here at the time. the n.f.l. says williams paid up to 27 players on the new orleans saints to attack the opposition from 2009 to 2011. the n.f.l. says the program reached $50,000 at its height. the money could come from fines that williams imposed on players for being late to practice or making a mistake on the practice field. >> whether you get paid or not, i definitely think there's been players throughout the course of history that have gone out with the intent of trying to hurt anybody -- hurt someone. i don't think that is right. i don't think there's any place in our game for that. >> in a sport like football, the chase, the pursuit of the i

on the other hand, fed ex lower after cutting its growth forecast for the year.onsol energy down in tandem with the rest of the energy sector. fed ex a big story today down 4%. gold and other metal prices getting ready to close right now. for that we go to sharon epperson at the nymex. >> mary, final trades are coming in. and gold prices are off of their lows this session, but still we're looking at lower prices across the board in the metals complex. the data out of china disappointing. eurozone disappointing as well and that's pressured the entire complex. look at the drop in palladium, it's down about a% or so in this session. part of that may be due to the fact that investors are exiting their etf positions, not only in gold and silver, but also in platinum and palladium. sue, back to you. >> thank you, miss sharon. the president calling for fast-track approval of the southern portion of the keystone pipeline as oil prices climb above $100 a barrel. joining us now with the impact of today's announcement and perhaps a very interesting energy play that you migh

or fed-ex? tfirst,Ñi over to chicago and có in with5a rickó[qon whatlp heg working on.ding exports and just general growth of many countries in developed economies. vut interest rates, but mao%h more importantly, we'll talk a bit about taxes. all that, top of the hour. [ dog barks ] appears buster's been busy. [ man ] yeah, scott. i was just about to use... that's a bunch of ground-up paper, lad! scotts ez seed uses the finest seed, fertilizer, and natural mulch that absorbs and holds water better than paper can. looking good, lad! thanks, scott. ez seed really works. so, how come haggis is so well behaved? 'cause he's a scotty. oh. scott: get scotts ez seed. it's guaranteed. seed your lawn. seed it! cannot be contained. [ clang ] the all-new 2013 lexus gs. there's no going back. see your lexus dealer. york stock exchange. let's send it over to bob pesani for a wrap-up of the day. >> it's a target. crowd's gone here. michael is here, of course. we ,ñçócgdw3remember, price ove here, 15 to 17. talk of -- priced at 19. opened at 23. there's a $24.10. just off of the highsb

fed-ex shares were among those weighing on the transportation sector. f-d-x fell 3.5% as volume tripled. company comments added to the worries of a slower global economy as it forecast a slowdown in its own growth rate. that forecast came after a strong quarter, thanks to holiday shipping and higher prices. earnings easily beat estimates. the company says it will reduce capacity-- park planes in the desert as the company said-- until its u.s. express business picks up. separately, fed-ex has agreed to pay back wages and interest to more than 21,000 people who were rejected for jobs. it's a $3 million job discrimination settlement. after the close tonight, nike said its fiscal third quarter profits "did it," beat expectations. sales rose across all its geographies, even as the company hiked prices, but profit margins were dinged by faster rising costs. sales growth was strongest in china. shares fought against a weak tape today and continue rising after the close, up 1%. if that holds through tomorrow, shares would hit new all time highs. just day after

. >> you also like fed ex, which is interesting no offense to your client base u.p.s. best buy hurting -- >> for the record, i didn't say i liked fed ex. >> you didn't? there was a graphic that said vernon likes. >> maybe that's what he likes to send his parcels. >> if you're a u.p.s. driver with a bunch of stock, that's a good diversification. >> it is. >> i would advise that. how about this, i think its fcx. freeport-mcmoran. >> it's a great company. what's happened here is the china story's been overblown as far as the pullback in the stock. everybody's talked about a hard landing. the company has pulled back. if anybody can make money in copper, this company can. they restructured debt and, again, a great entry point. and this thing could move. >> real quick, end of the quarter now we've seen a bit of turn, reshuffling of portfolios the last few days. moving to the second quarter, what kind of gains do you think we can get? do you think they've been front loaded essentially for this year? >> i think their front loaded but you can't argue with the steam that this ec

the -- they paid extra to get robert griffin iii to fed ex fold. >> we understand it was a heavy price but when you bought your home, you probably wanted to pay less, to and you liked your home. >> reporter: it's probably safe to say that few will remember how much they spent on him. >> and i thought that the terms of the deal were high. the return on investment is something that i think could speak volumes for the frank ice in the future. >> and this is something that could bring back redskins football. >> reporter: not all fans are happy with the big news. >> and i think the redskins overpay for talent that hasn't been proven. in this case, particularly, i think it's mike shanahan saving his old job -- own job right now. >> the trade will be official come tuesday, which is the start of the nfls 2012 calendar. >>> and there is a big difference between singing in the shower and the microphone. and wool hear the highlights. >>> and i guess not, right? i won't try that. and you know what? i'm going to try to give you a beautiful sunday. we have plenty of sunshine ahead and guess what? th

they fed exed themselves. it was because he couldn't afford a plane ticket. remember that story i dreamt? >>ho we did it. that's how i arrived at the show. fed ex should start delivering people. >> for the record, greg, that was a standard sized pet carrier. >> >> id soiled myself, but it was worth it. >> i greg, you heard people who put bandannas on their dog? >> yes. hen you said that is just you. >> yes. >> it is not just you. >> everybody? >> i would think so. >> and sunglasses. >> me and my german shepherd diablo would disagree. we have an awesome skiing trip planned for this weekend. >> are you building a fire on the beach? f >> you know what when no wn is looking we will go and have a beer. >> i love your acoustic of "jeremy. jts. >> that is actually a beach boy song. >> bill mcgowan, you mentioned a lot of european countries have the speech codes. also our lovely neighbor to the north. >> i think he meant mexico. joe you don't understand this guy's excuse that he was drunk when he was treating. he says, who gets drunk and goes to his laptop. we have t

. >> by the way, some guys have done it they fed exed themselves. remember that story i dreamt? no we did it on the show. >> we did it. i thought it arrived with the show. >> fed ex should start delivering people. >> for the record, that was a standard size pet carrier you were going to use. >> i soiled myself, but it was worth it. >> greg, i believe you said you hate people who put bandannas on their dog. but then you said it is just you. >> it is not just you. >> and sunglasses. >> me and my german shepherd is -- i would argue. we had n awesome weaning end. are you going to build a fire on the boche? build a fire at the beach 1234*. >> i love your acoustic version of "jeremy" when you are playing it. >> it is a beach boys song. i'm sorry it sounds like that. >> bill mcgr owan, a lot of military p cs have the speech codes. i also believe our lovely neighbor to the north. >> i think he meant mexico. >> joe, you don't understand his cues that he was drunk when he was tweeting. you said who gets drunk and goes to the laptop. we have these things with smart phone. you president don

. >>> fed-ex also took a hit. after suspending dividends to stockholders. reporting increased spending by its users. dollar general also picked up 3% in better-than-expected earnings. t-mobile is laying off five% of its work force including ssfp call centers. and in the wake of an industry, bank of america has begun a pilot program to rent their home from the bank to avoid foreclosure. thousands of other federal workers from insider trading. president obama has vowed to sign it. finally, after one of mitt romney's compared his strategy to an etch-a-scotch, they nearly tripled. >> ohio and the underdogs prevail. plus, michigan state is the first number one to be planned out at the ncaa tournament. your early morning sports headlines are straight ahead. >> and the weekend forecast is all about going bye, bye. that's a look at your weekend forecast. you're watching early today. >> very good morning to you. if you're just waking up, this is early today. in sports, moving on to the elite eight as march madness marches on. here's a look at all of your sports head

the latest earnings news is out from fed-ex, nike, oracle, and tiffany.hen the number of new rh residential units. that roared out on tuesday. and ten the nation's realtors report the number of existing home sales. and then on friday, new home sales will be out ending off the week. finally, the bookends after more than 200 years encyclopedia britanica will no longer be available on the printed page. britanica planned to focus exclusively on its digital product. the final print edition weighs 129 pounds. if price? $1400. a sign of the times. that will do it for us for today. thank you so much for joining us. my guest next week, investment strategist with his predictions for the market for 2012. have a great week, everybody. i'll see you again next weekend.

there with a minutes ago but their last ditch effort failed as micaela darva calls empty netter for fed ex in the rain. twenty nine year olds a canadian racer nick zari church has died after crashing heavily at the world cup ski cross events in switzerland story line so why both over the final jump and hit the safety net but sustains lethal head injuries he was competing in his thirty six events after more than three years on the world cup circuit is the best finish is included eighth place at last year's world championships in america plus a couple of world cup podiums organizers of bands and the events of the resort of grendel vault. there's been a disappointment for russian olympic medal hope for sure no other world championships athletes could only manage fourth place in the pen safwan at the world indoor championships in istanbul with ukraine's. claiming goals and head of britain's jessica ennis this been safwan see it as an indicator for what might unfold at the london olympics but it was and it's what started the better in the opening sixty meter hurdles with the sprint it's really

contemplating starting the season on a calendar year basis, perhaps in the fall, and run the whole fed ex cup series through the next year, maybe into a 12-month season again. >> reporter: thanks, ken kennerly. >> susie: and finally tonight, what's black and white and 100 years old? it's the oreo cookie! today marks the 100th birthday of america's best-selling cookie. the first box was sold on march 6 of 1912 to a grocer in hoboken, new jersey. since then, almost 500 billion oreos have been sold. big question, tom-- do you twist your oreos open or dunk them in milk? >> tom: as fast as possible in my mouth, that's about it. you don't want to be around competing with an oreo with me, it will be grabed and eaten pretty quickly. >> susie: i'm not going to compete but, but you do like my orioles too. that's it for us. >> susie: that's "nightly business report" for tuesday, march 6. we want to remind you this is the time of year your public television station seeks your support... >> tom: ...support that makes programs like "nightly business report" possible. >> susie: thanks for joining us, an

you look at it as the gas tank and you have to look at extra prices from fed ex, from the movie theater, the guy that you get on an airline with, all of those prices are passing through and probably take a point off of gdp. >> brenda: it does matter whether it's demand or supply driven, right. >> right, every economy needs gas in 1997, and the fact is flagrantly wrong. america is not growing as much consumption as in the past and other countries like china are. as far as the economy, two kind of high gas prices, agos a result of driving more or buying more, another country or here and here is what i call a service interruption, an iran thing, that high energy price can hurt the economy and reception. one symptom, if you're driving prices up because you're buying more, that's not going to cause a recession, because the strong economy is why it happened in the first place, right now we're into the seeing the service disruptions and i wouldn't get too worried about it, the price goes up and problems on our ends and $5 gas, yeah, could cause a recession and i wouldn't worry about it before

fed ex seeing a bumpy ride the rest of the year. the and customers are scaling back.wo of the biggest u.s. companies that are completely tapped into the economy are seeing inflation and yet, washington still insists it's not there. and not even close, ben stein, charles payne, dagen mcdowell and adam lashinsky and charles gasperino. >> i don't think that the government has a monopoly on inflation. the fiscal monetary policy, president obama has already said, listen, the prices necessarily have to go higher with energy and ben bernanke's goal is to inflate, inflate, inflate. >> they know that they hide it. >> they hide it, but they have an agenda and both sides of the equation that control out of this are determined to push the general. >> what do you think of that. >> they have a different way of counting inflation, we go to the store and see higher prices and inflation and rent an apartment or house for our son, higher inflation, the government has all kinds of way, saying he no, it's not inflation and i've seen this in action for myself and over, many, many, many ye

pretty mixed at the moment some traders are waiting for quarterly earnings results from the likes of fed ex and that's really holding off on making a decision is how to look at this here's a struggling for direction at the moment stocks in united parcel service or u.k.'s are on the rise though often it's agreed to by european royalty ante for over six billion dollars meanwhile apple has confirmed it will pay a quarterly dividend in the fourth quarter of this year its shares are up over one percent over in the e.u. markets are still slightly down from the eight months highs we saw last week b.m.w. has lost almost two percent of goldman sachs to the auto giant of its help perform list of the german car makers all suffering in turn russian indices they finished in the rid of for a good start this morning but trading was pretty light on the first day of the week . movers in the last hole four percent off its head but rumors of a privatization road show in april as a result of yours plunged off the revealing of worse than expected net profit last year we will come as is the top again on the my s

hour of trade this quarterly earnings time and traders are waiting for results from the likes of fed ex and night before making moves through the figures in early trade united parcel service or u.b.s. is up two percent off to agreeing to buy european rival t. and t. in a six billion dollars deal paul has confirmed it will pay a quarterly dividend in the first in the fourth quarter this year boosting its shares one percent you markets leave almost to raise losses from the day they're still slightly down from eight montoya's b.m.w. lost almost two percent of the goldman sachs to join performer list of the german economy because all suffering in turn has also gone into the red after a good start this morning but trading is pretty light on the first day of the week let's check on some main movers nails burbank is shipping. rumors of a privatization road show in april all deals are also in the red of the revealing worse than expected net profit for last year is the top gainer on the my six that's up to the ante monopoly watched a lot of the ten percent plus one share in the russian truck mak

and fed ex is slowly working ever since republicans in congress and president george w. bush passed a poison pill walk in two thousand and six requiring the postal service to prefund employee health benefit program to the tune of five billion dollars a year for future employees who literally are not yet even born a seventy five year future and obligation and no other business or government agency has ever had to do the post office has been hemorrhaging cash and looking at shutting down post offices and laid off workers across the nation this week the senators expect. to take up legislation that would and sixty delivery of mail for example wipe out post offices across the nation lead and even more layoffs postal service has been around since before our nation was born and seven hundred seventy five so we really prepared to let the staple of american society go down the tubes joining me now is fred reland national president of the national association of letter carriers fred it's a pleasure and honor to have you with us well of course to be the two largest employers in the

i'm starting to see maybe you should leave fed-ex and become a recruiter or scout.now? >> when did you get your people? now you're being represented? . nothing is happening, though. >> it sure sounded good. >> great seeing you. >> and i did pick michigan state to win it all. >> we didn't say that. you're right. are you filling out your bracket? if so, why not go ahead and go head-to-head with me, or should i say the whole team? we got up very, very early. stayed up late, got up early. put all our picks in. visit cnn.com/brackets and join the march madness cnn group. right after the break, facebook and privacy concerns. nothing new x right? a sixth grader punished at school for facebook comments made on her own time. is it a violation of privacy? we'll talk about it. look, every day we're using more and more energy. the world needs more energy. where's it going to come from? ♪ that's why right here, in australia, chevron is building one of the biggest natural gas projects in the world. enough power for a city the size of singapore for 50 years. what's it going to do

also coming up we'll get earnings from tiffany, general mills, fed ex and nike.e'll see how the market responds to all of it and track it on cnn money. >>> we go one-on-one with the cast of celebrity apprentice and getting the inside scoop of the brand new season of dancing with the stars. be sure to catch show biz tonight on hln. >>> the man whose viral video made a war lord become public name. the film "kony 2012" has- >> dear friends of invisible children. these last two weeks have been tough, really tough because when we set out the make the kony 2012 film our goal was for 500,000 people to see it. in a week and a half it was over a million people. it was incredible. now is hard for all of us. it is especially hard for jason because the story was so personal for him and his family. and that pressure took a serious toll on him and the whole world saw that. >> what? >> very hard to look at that. your heart can't help to go out to him and his family. this is what the world saw. jason russell naked on the sidewalk making bazaar motions. invisible children say he

the latest report on weekly jobless claims and shipping giant fed ex tells its quarterly results.a wrap up on wall street. i'm alison kosik in new york. >>> the drilling rig operator trans ocean took something of a knock on wednesday's session. this was after criminal charges were filed against employees in brazil. it follows an oil spill after the country's coast last november which posed a major threat to brazil's ecosystem and local businesses in the area. both companies disputed the allegations. chevron says that it never reached the shore or affected marine life. the employees, including executives, could face 21 years behind bars and up to 31 years in the case of chevron's head of brazilian operations. the lawyers have been saying that prison would be a last resort here. each employee is ordered to post over half a million dollars in bail and turn in their passport or chevron has had to pay $110 million in fines since the spill four months ago. >>> andrew? >>> now, nina, on the subject of natural resources, three of the world's biggest energy giants are discussing a plan to

. >>> charges could be filed against the driver of a fed ex truck. it crashed into a school bus yesterday on route 2 in calvert county, maryland. a student from windy mill school and both drivers were rushed to the hospital. their injuries are not life- threatening. the bus was stopped at the time of the collision. >>> the deanwood metro station on the orange line is metro's most dangerous. the washington examiner reports the station in northeast had 67 crimes classified as part one for serious crimes. that list includes assaults, burglaries, rapes and car thefts. number two on the most dangerous list anacostia on the green line which is followed by la'fante plaza, suitland and college park park. another meeting tonight about metro's proposed fair hike -- fare hikes at st. columbus episcopal church in northwest which is a block from the tinley -- from the tenlytown station. >>> 6:035. jessica doyle is watching your e-mail. >> there's a maryland-based company that says they can declutter your e-mail in box. >> your e-mail in box still out of control?

extreme examples are fed ex field and the verizon center. huge sporting arenas renamed for big bucks. as they showed off their new headquarters on wednesday on u street, d.c. parks and recreation officials announced they putting together a plan to attract corporate sponsorship. we got mixed answers when we asked about renaming certain places. >> the idea is not renaming recreation, but we're looking at other models across the city to generate revenue. >> i'm not going to say this off of the table. i think we're working with the mayor and the rest of the administration to figure out what is going to be the plan. >> reporter: we asked folks what they thought about renaming parks and recreation centers. >> it's been there for years. i don't think it should change. >> even if there is a lot of money involved? >> regardless of money involved or not, you should not change the names. >> reporter: donna brigs has mixed feelings, though. she said all of that corporate money could be put to good use for d.c.'s youth. >> does it have to be? do not say

oil expenses, fuel costs go through the roof for rails, airlines and shipping companies, fed ex and upse is a fuel surcharge they can pass on to the customers. in other words, with oil prices at these levels, you expect transports to be rolling over, laying an egg. lately, the opposite has happened. the transports have been rallying. leading the rest of the market higher. and you shrug off sky high of oil. can this rally be sustained. what does it mean for the rest of the market? we're going off the charts to answer that question with the help of tim collins and my colleague at thestreet.com. we want to satisfy you, we have a million people going to the thing. and we won't stop until we try to get everyone answered individually or on the show. first, let's take a look at the daily chart of the dow jones transportation average. so we can see what is happening. the precursor to the rest of the market. biggest thing that sticks out is how the action in the transports since february is reminiscent. very reminiscent of the action from november through december of last year. now, the two peri

fed ex have -- has created more than 100,000 jobs. the most effective job creators in our budget. these grants are essential. reducing regulatory burdens and increasing efficiently -- deficiency is the fourth and final principle. the budget provides flexibility to better manage in this fiscal in our men and to hold our partners accountable. -- in this fiscal environment. we continue the next generation management systems. even in this difficult environment, we have proposed additional funding for homeless assistance grants insuring we can end chronic and that trend -- veteran homelessness by 2015. every american should get a fair shot and do their fair share and play by the same rules. thank you for having me here today. >> thank you, mr. secretary. fha has sustained significant losses in the capital reserve account. i was concerned when the president's budget stated that $688 million would be needed to cover fha losses in 2012. i wanted to update us on the fha fund. >> the information that was in the budget was out dated on the day it was published. we were waiting to make final

. >> dhl built a new state of the art shipping center but was still unable to compete with fed-ex and ups. in 2008 announced domestic operations in the united states would be discontinued. after months of gradual layoffs part of the plant was punched in july of 2009. the shut down led to the loss of more than 9,000 jobs. 6,000 of them from the plant. it is now abandoned. this warehouse once full of workers and humming of the sound of conveyor belts is now vacant. full of reminders of what it used to be. shipping vaks with hooks and conveyor belt stopped and loeting docks sat there with no trucks spilling out. >> our unique format of the forum going to give you a voter a chance to evaluate the candidates they had fair and balanced treatment. they will be answering questions and getting the same amount in the segment. >> the order which you see them was determined a random drawing done prior to the event. the focus of tonight's forum jobs and the economy. the questions come from a panel representing different areas of the economy. each will give one minute for summation. all of the cand

men will play brazil at fed ex field at the end of may. >>> straight ahead the latest on prince george'sounty council woman known as speed racer. learn what she's doing after going 105 miles an hour on the beltway. >>> big surprise here. gas prices up again today. been more than three weeks in a row now. learn how much you can expect to pay this morning. >>> before you fire up that engine, let's check on the commute. monika has that. >>> fog an issue here on 395 on the northbound side leaving edsall road toward downtown. also an accident in lorton closes furnace road near lorton road. coming up in my next report, more on those issues at 6:30. you're watching 9 news now. we'll be right back. [ male announcer ] this was how my day began. a little bird told me about a band... ♪ an old man shared some fish stories... ♪ oooh, my turn. ♪ she was in paris, but we talked for hours... everyone else buzzed about the band. there's a wireless mind inside all of us. so, where to next? ♪ is. >>> 6:29. we're glad you're here. 52 degrees right now. there's the washington monument. we're headed toward 60