yanis varoufakis arrives in frankfurt to meet the ecb president. will he get the central bank's blessing for his debt plan? >> slippery oil. the commodity falls after the biggest four-day rally in six years. >> and we are going to talk wages and inflation for the work and pensions. good morning. "the pulse welcome to -- welcome to "the pulse." >> the greek fiscal odyssey moves on to germany today. grace's finance minister will meet the ecb president in frankfurt today. >> let's get to our international correspondent, hans nichols in germany. what kind of a reception is he going to receive in frankfurt? who is going to be the first dimension t-bills? >> i guess varoufakis has to mention t-bills because he has to figure out some way to finance. this entire longer-term payoff deal in maybe april or may, or even june, hinges on their ability to get some sort of bridge financing from the ecb. so far, there's been no indication that they are willing to give that bridge financing. they might need anywhere from -- 10 billion is one number in terms of raisi

s money, which assumed the risk may not go down that well in frankfurt. frankfurt is where mr.g today. they starting to hear a hard line from the german government. it is a big question of what greams does to finance themselves in the immediate term. they may have enough cash to get through the end of this month and then on further, but as hardouvelis said earlier, they are clearly playing the long game. >> we are going to be stabling our ideas to the eurogroup next wednesday as to how greece can be granted sufficient stability necessary to begin deliberating with our partners. by the first of june we can have firm new contracts between the european un, the uzbekistan, the i.m.f. the european central bank and greece so that the self-perpetuating crisis of the last five years can be put to an end and greece can stop being in the headlines of the world finance press. >> mark yesterday it was reported that angela merkel and the german government is bracing for a long-term negotiation. back to april or may when there may be a more acute crisis in greece for their funding needs. whe

airbus shares have been one of the highfliers today on the frankfurt floor.went up by up to 7%. also the dax in general went on flying high. the extension of the rescue package for greece did not lead to a loss. everyone knows that this money for greece can only buy time, but nevertheless investors have been quite content with that. d so theax -- so the dax reached a new record high at the end of this week. >> here's a look at the numbers for you now. we begin in frankfurt, where the dax ended again on a record high , gaining 0.66% 11,401. the stoxx 50 also up by more than 0.6%, ending at 3599. in new york, trading is still going on. the dow jones industrial is currently slightly in negative territory. the euro ever so slightly gaining ground. currently one dollar -- 1.1198. >> at the cricket world cup, south africa crushed the west indies by 257 runs on friday. >> south african captain ab de villiers smashed them for an unbeaten 162. he hit eight sixers, racking up the fastest 150 in a one-the international. the total is the second-highest world cup tour --

traders in frankfurt were understandably excited about those growth numbers. for more, let's go to the frankfurt stock exchange. >> great news from the german economy -- that's what you heard traders say on the economic growth data from germany. important because it is so important as an economic engine for the eurozone. that all helped repel the dax two over 11,000 points, to a new record high. within the today dropping back just a little, it was still in the positive zone, and about 1% higher than at the end of last week. a major contributor to this week's performance was greece. one got over very quickly that there was no agreement reached this week, but one is confident that there will be one on extending financial aid for greece next week, on monday perhaps. and the agreement in minsk over a cease-fire for the eastern ukraine also good for the mood in the share prices. >> here come the numbers in all starting in frankfurt with the dax, which rose 5.4 on the day. euro stoxx 50 also climbed up to 3447. the dow jones industrial average where they are still t

our correspondent has more from the frankfurt stock exchange. >> there will be a cease-fire in ukraine -- that was the agreement in minsk that surprised the people here in the financial markets. many people did not believe that such an agreement would be possible. it kick started the stock market here. the dax really went forward. in fact, it nudged toward 11,000 points without actually setting a new record high, but the share gains at the end of the day were substantial. the other political event of the day -- greece, well, that did not have any positive or negative effect here in frankfurt, traders say. other people in europe said their stop work it's went up because of that. why tackle because there had been an agreement on the table and watch -- in which one could maybe settle monday. regardless traders will also be looking towards greece with a lot of interest. >> these are the market numbers in full standing in frankfurt with the dax, which rose by a bit more than 1.5 percent for the day. euro stoxx 50 also climbed and finished at 3417. in new york where they are still trading, t

those will be key meetings as well as what's the outcome of what's happening in frankfurt, the european central bank the greek finance minister is there. in terms of how it might work, still a big difference. yes, greece is talking about restructuring, changing the way the whole deal works so that its debt become tied to the economic

in some ways brussels and frankfurt are organized.ss you have a clear line out of brussels that the agreement and the bailout is over, i do not expect the ecb will go ahead of the eu. the ecb two weeks ago kind of forced greece's hand and they seemed to be talking in conjunction with the eu. the eu line is very much greece needs to stay in the bailout program. francine: hans nichols in brussels with the latest for what we are expecting from the greeks and the ecb later. guy: let's bring in behrenberg's economist. we seem to find ourselves in a situation where the greeks are requesting a loan extension. similar to a planned already rejected by, amongst others, wolfgang schaeuble. where are we in the process of finding a middle ground? it is clear that some exists but we need to get language right. >> it is more than just semantics. there are differences between the extension of a loan agreement and the extension of it bailout. they will consult with finance ministers to see if it is worth convening a meeting. there will be a meeting of

not only here in frankfurt there are big worries over greece. after the note to austerity they worried they may go bankrupt. it is resurfacing here in the financial markets. a very -- very big worry for the people here. >> in germany the dax did close down more than 1.5%. they took a somewhat smaller head. over in new york, the dow is currently down as well by more than .5%. it is climbing slightly against the dollar. >> we have been reporting on the press conference and one of the other issues was the controversial free-trade agreement between the u.s. and the eu. >> they say it lacks transparency. >> one of the small business owners is a cheese maker in canada. they say the european tree -- free-trade agreement would mean that people like her would have to shut their doors. >> a cheese maker in the small town. her cheeses popular and has won awards. she is worried about the future of her company. >> the cheese maker and farmer from europe, they receive lots of subsidized. we received nothing for our government. >> their own government has let

shares rose 1% in after hours and is up as .7 in frankfurt. we have been talking about ways to work with it's peers. >> it was an interesting development yesterday for twitter whose fourth quarter results beat forecast but user growth slowed although the ceo said it picked up again in 2015. twitter added 4 million users. that's a 1.4% increase from the fourth quarter. the slowest growth on record for the company. the cfo says twitter lost millions of users partly because of the roll out of apple's ios 8 software as people forgot their software or didn't redownload the app. twitter rose 10% in after hours trade. carl has an exclusive interview with dik cock costolo today. we're always focussing on that growth in average users and it did slow and yet after hours the stock did well. why is that? >> i hear one of the reasons is the explanation twitter gave for the slowing user growth. according to the management it was lost 4 million users during that period as a result of integrating various third party applications. so that was the reasoning tha

. >> for a closer look, the frankfurt stock exchange. it looks like investors like this effort from the greek government to bail -- to renegotiate its bailout package. >> the rhetoric coming from the greek government sounds much more conciliatory than what they had to say last week. remember, on friday, the greek finance minister, varoufakis literally showed the troika the door when he said his government does not want to negotiate it that with the eu, the international monetary fund, and the european central bank. now, tsipras and the finance minister say greece wants to pay back its debt, including interest, and that is words that people in the market like to hear and it puts them at ease. >> perhaps syriza is not as hard-line as we had anticipated from the rhetoric we heard last week. how about the broader markets? what else is driving trading today? >> negative economic data from china. the purchasing managers indices from hsbc. the chinese government. they both slipped below 50 which indicates manufacturing sector in china contracte

frankfurt could have more news for us than brussels. jonathan: hans nichols, thank you very much.et's bring back james bevan. james the plan you just overheard that sounds like a can kicking. is that the most we can expect? guest: i think that we are seeing brinksmanship and we will have to muddle through. i think that we do see a six-month extension and that will become the basis for a behind closed doors conversation. the great prime minister really understands this. he is not a hothead. therefore, he's going to be taken extremely seriously. you have spain, portugal italy all in similar situations. but the hard reality is that 70% of greeks will remain part of the eu. if he is able to cure some benefits of the greek economy he will have done a good job. jonathan: let's say he gets to six months. what kind of concessions is greece likely to get when that takes us closer to six months in spain? they will be saying, you know what, we want some of the same? guest: it cannot be a one-way ticket. greece will have to make material progress in terms of improving efficiency deregulating,

. >> that is stefan wolff reporting from the frankfurt. let's get you up to date. staying in frankfurt, the dax closed at an all-time high, finishing 11,205 points. the euro stoxx 50 was up by nearly a percent in trading is still underway on wall stret where the dow was up by .4%. we are going to move to other moves -- other news now. the check interior minister has confirmed that today's restaurant shooting which killed eight people was not a terrorist attack. >> the shooting took place in a small town about 300 kilometers southeast of strong. police have sat -- sealed off the area, but the town's mayor said the shooter was a local man who suffered from mental illness . investigators say he committed suicide at the scene. turning to ukraine, the german foreign minister said situation in the east of the country is "highly fragile." >> he made that comment on the sidelines of a high-stakes meeting in paris where the french, german and russian and ukrainian for ministers were trying to bolster this spieth deal that seems to be falling apart at the seams. >> the fact

our correspondent sent us this summary for frankfurt. >> the german equity market to date moved to the tune of the negotiations in brussels between greece and the rest of the eurozone. whenever there was a glimmer of hope we sought equities trading higher and when there was more skepticism that a deal might be reached as soon as today, we saw equities trading substantially lower. investors are generally worried about a scenario that a deal might not come through today, as they are worried about a scenario that greece might exit the eurozone. a recent investor poll suggests if that would happen, we would see substantial losses for at woody's also in germany. >> we state in frankfurt for a quick run through the numbers and the dax. up by more than .4%. euro stoxx 50 up just slightly, but green across the screen across the atlantic. looking pretty good, almost up by .8%. the euro even a little bit stronger against the dollar trading at a value of $1.1384. >> thousands have gathered in kiev costs -- kiev's maidan square to commemorate protesters who died in the square one year ago. the upr

kicking things off in frankfurt where the dax enjoyed a bit of a rally. things are calming down on the fringes of what is going on with the greek economic crisis. the dax finishing at 10,961 points -- record territory. euro stoxx 50 at 3465. across the atlantic on wall street, the dow edging slightly lower at this hour but dill above the 8000-point level. on currency markets, the euro trading lower against the greenback trading at a value of $1.1 393. happy new year moon watchers. it is a lunar new year periods they tuned for that. -- it's a lunar new year. stay tuned for that. >> crowds of mourners have gathered in the danish capital copenhagen for the funeral of a jewish man killed in shooting attacks over the weekend. >> hundreds of evil gathered at a jewish cemetery for the burial. the 37-year-old volunteer security guard was killed in the second of copenhagen's two weekend shootings. >> heavy security at the funeral of a man killed outside copenhagen's main synagogue early on sunday. that shooting and another earlier at a recent beach event -- free s

our correspondent has more from frankfurt. >> for the first time since the new greek government cameo power, the greek republic came to the money markets this wednesday. it auctioned off six months treasury bills. there was much less demand at this option that at previous auctions of that type. and the banks demanded much higher interest from greece than before. this shows how skeptical the financial markets are when it comes to the future of greece. on the other hand, good news came in for many companies from both euro land and the united states. general motors and other companies managed to beat analyst expectations with their quarterly earnings reports. >> here is a quick look at the numbers for you now. germany's dax close-up 2/10 of a percentage point. your stocks ended today almost flat. across the atlantic, in new york the dow israel in positive territory, my more than .25%. the euro is down. >> all of these uncertainties in the eurozone are having an interesting effect on german consumers. normally known as prolific savers, they are suddenly going on a shopping spree. >> as t

nbc 10's matt delucia is live in frankfurt. matt?otted those flames and let the fire department know what was beginning on out here. you see the fire department is still out here. we've been kept back because of that effort to put out these flames that have been burning throughout the night. we'll have another update coming up right after this break. >>> we're off to a cold start. temperatures mainly in the 20s, milder this afternoon. we'll check on about 10 degrees tomorrow. here's a live look, looking pretty outside. mostly cloudy skies today. we're seeing mostly cloudy skies this morning. a pretty shot from our cape may camera. your full forecast is coming up. >>> this is nbc 10 news. >>> flare-ups have fire crews back at the scene of this philadelphia auto body shop and the damage is done. some prized race cars are among the rubble. >>> a deadly drunk driving crash has one police dispatcher$qp) the jersey shore facing charges and investigators say this is not the first time that he's been in trouble. say good-bye to the frigid c

yanis varoufakis arrives in frankfurt to meet the ecb president.t the central bank's blessing for his debt plan? >> slippery oil. the commodity falls after the biggest four-day rally in six years. >> and we are going to talk wages and inflation for the work and pensions. good morning. "the pulse welcome

there is a big meeting on frankfurt will the ecb will resume the extension.s to be the prospect of productive negotiations at the end of the for the ecb to continue to do that. >> do you agree to take risk on the short term? >> there is. this is why i think it's important they continue for the ecb and the ela to be there. however, unless we see some progress in negotiations it cannot be there forever. it's only temporary as an emergency program sat some point they need -- >> let's talk about the political fall yoit. what are you hearing from your friends in greece how they're receiving the new government. even though now clear comprise has been made on the debt package. >> what is interesting the vast majority of the greek public already happy. but also stay in the eurozone. is greece feels so far keeping their own policies and must be something different. something better. so from this point of view there is a deal. the greek public will support it. when we look at the political fallout is it pop list politicians making popular calls. we're seeing ahrendt eu

they're down 5.5% in frankfurt today. still to come in worldwide exchange, syngenta is feeling the pinch. we'll find out how the business is going to cope in 2015. all that after a short break. >>> welcome back. oil is back on the slide with wti below $52. disney blows past wall street expectations as frozen fuels earnings and ford unveils plans to hike pay for some lower level eun youn union workers. trading higher after analyst expectations despite currency head winds. let's join carolyn for more in a sunny yet chilly day. >> you're right. there are a number of headwinds. we have low crop prices and that gives farmer's less incentive to invest in their crop protection and second of all you have huge head winds. they report a very strong dollar. it has a big cost pace where the swiss has been rising and has very high exposure to the emerging markets. so we're seeing very volatile fluctuates there as well but it's not all bad because look this company is also benefitting from the lower oil price and that may not be visibl

greece's prime minister taking his charm offensive to brussels and frankfurt. >>> and casualties of war we talk with veterans who have been deported to mexico after serving with the u.s. army. >>> and thousands of patriots fans brave the freezing weather to to catch a glimpse of the super bowl champions. >> but first 25 people are dead and 17 are missing after a plane crash in taiwan. the aircraft went down shortly after take off and plunged into a river in taipei. >> in taiwan cars often have on board camera in case there is an accident but no one imagined recording one like this, a passenger plane cartwheeling out of the sky. it clips a taxi before plowing into the wall. the driver survived. but many on the flight didn't. it crashed into the river in suburban taipei. rescuers quickly realized the scale of the operation that confronted them. >> as you can see at the scene the head of the plane is in the water. right now we're asking the military to set up a makeshift bridge to get near the fuselage to carry out operations. >> the survivors included this young child but later it became

ask -- >> we have more from the frankfurt stock exchange. >> they are going to cut 7800 jobs. news like this has the potential to boost demand for shares. the restructuring would cost a lot of money. and the job cuts would lead to fierce opposition. the mood was rather low again on the exchange of this trading day . >> it closed down more than 25%. ending the day also down. across the atlantic, the dow is in negative territory. and the euro losing ground again and against the dollar. >> the european commission says it expects prices in the eurozone to fall 0.1% this year. >> it is a decrease in overall prices and could lead to a decrease in spending and investment. consumers and companies might hold back. the commission expects economic growth to pick up next year and prices to start rising again. if you want to see a film, you don't have to dig to deeply because the average ticket rice is 10 to 15 euros. not too bad for an international film festival. i guess you have been watching some films already? >> is for so far. it is getting started. averaging three to four day. it's

let's look at how it's trading in frankfurt down 7.3%.e will be on squawk alley today at 11:00 a.m. eastern. >> fed chair janet yellen will be back on capitol hill today testifying before the house financial services committee at 10:00 a.m. eastern time. speaking to a senate panel on tuesday yellen signalled the fed would soon drop the word patient from its statement paving the way for a rate hike this year but there's no hurry to pull the trigger. >> if the fed were to raise rates too soon we would risk undermining a recovery that is really just taking hold and is really succeeding, i think, in improving the labor market. as i said i don't think we're back to attaining conditions i'd associate with maximum employment we're normal labor market conditions. things have improved but we're not there yet. >> janet yellen did make a strong case for the u.s. economy but despite the strength in the labor market there's still more room for improvement which gives us the signal that there's still room for improvement in the labor market. we're also

. >> he started his day with an important stop in frankfurt.he ecb is key to any negotiation of greece's debt. report this morning tell us that he is opposed to the government's plan to raise temporary financing while and works out a new debt deal. he said discussions have been encouraging. >> we had a fruitful discussion with the rules regulations, the process by which the relationship between greece, the eurozone and the central bank must unfold. i have the opportunity to present to him -- i am wavering determination that it cannot be this is as usual in greece. >> start with greece's borrowing cost. it is up slightly, under the 10% level. it is below the highs we saw last week. the stock markets have been climbing in hope of this new debt deal the government is seeking. down by about 1%. >> what else is happening? >> the price of oil has been creeping up in recent days. we saw the price of oil in the u.s. go up by 7%. just under $57 a barrel for oil. far off the low in december. some sign of oil prices picking up. they were likely to shrink

martinez lives on a house in frankfurt and says he doesn't recognize any of the names. >> the same goes for an address in south philadelphia. >> no. >> mike falco is a former fbi agent that now works as a cpa. >> that is a red flag for sure. it is just -- that is typical fraud. >>> also in these papers several copies of a three-page list of names, social security numbers, and names of children as young as four. those whose homes and businesses are affected are hoping the feds find whoever is behind it. >> i'm very upset that it is happening and i'm hoping that something can be done about it. >> we'll let you know what federal investigators discover. nbc 10 news. >>> developing now, in less than an hour, the plan to sell atlantic city's former revel casino could be off. but the buyers attorney says he cannot close the deal by then because of uncertainty over the rights of former businesses that rented space at the casino. >> flames damaged six homes in will m wilmington tonight. one person was taken to the hospital with burns. another person was hospitalized because of the smoke. no word

-- in frankfurt? david: probably not enough, actually.nk that is going to be much larger, friendly, then the fed is at least telling us in the minutes or telling us in these testimonies, but i think it is a positive. it is just a question of magnitude. tom: we notice a jpmorgan saying do not give us money, do not give us money, for whatever reason, ethan harris on yesterday with bank of america merrill lynch talking about a global deflation. does david zervos think deflation can become a problem? david: i think the fed is concerned about that. i am not as concerned. i think the fed is concerned about the strength of the dollar. it is not that long ago that the euro was at $1.40. now what is flirting with $1.10 . that strength brings on pressure. your ways, my ways looks different than it did a year ago. it becomes an interesting -- tom: they will not replace as over there. [laughter] david: i am just throwing that out. tom: jon ferro, are you my friendenemy or enemy? brendan: you make banking sound so exciting, like they are out downing j

live at the scene this afternoon in frankfurt is nbc's matt delucia. >> spoke with someone involved in the crash. >> reporter: quite a story he told us. he was sitting in the driver's seat of his volkswagen right behind where you see that police suv when all of a sudden, pieces of metal and car parts went flying. >> yeah scary. >> reporter: and scott managed to walk out of this wreck without a scratch. at the intersection of large and her her herbechlt rt streets the result of a police pull over gone awry. police officers say two in this suv were trying to stop a car for violation when this white chrysler t-boned the cruiser, sending the suv out of control. >> i saw the whole thing. i was about to back out i saw them coming over literally on the side of the suv, over the top of my car. >> reporter: the person in the chrysler was taken to einstein medical center with injuries said to be nonlife-threatening. the officers meanwhile, were taken to temple hospital after scott says he helped them out of their mangled piece of metal. >> they were pretty shoonken up. one was cut on his head. >

. >> greece's new leaders have been in brussels and frankfurt meeting minute officers from the european union. alexis tsapris has won the election on anti-austerity platform. he says that talks have been moving in the right direction. >> greece is new left-wing leadership is on a sort dual-prong offensive visiting the major institutions in the e.u. alexis tsipras in brussels, and the finance minister in. >> i had the opportunity to present to him our government's unwavering determination that it can't possibly be business as usual in greece, both in terms of the reforms that we need in order to end the affliction of the greek economy and society for many years. >> what are they selling to european leaders? well they're trying to convince these institutions, greece's international lenders to help restructure its debt burden. in which greece must borrow heavily. they want to mix debt with growth-related debt that would be repaid only once greece reaches solid growth. the country wants the best of bother world to ditch the bail out program and austerity of which greece has been able to bor

frankfurt pulling ahead at this hour. it's up by 1.6%. in asia tokyo stocks closed at a 7-year high. that's the highest finish we've seen since july twerch2007. the shanghai composite gained half a %, 3,173. the move by the people's bank of china to improve short-term lickoufve short-term liquidity. >>> greece and international creditors over the bail-out program. seoul closed down two-tenths of a percent. euro dollar is trading at 1.1335. market players bought the euro after heading news about the deal between russia ukraine, france on the ukraine crisis. the dollar yen is at 119.82. now the green back at 118 during the day after reports of dissent in the ranks at the japan bank. >>> well trade officials in the united states are accusing china of unfair business practices. they say the government hampers competition by offering too many subsidies to exporters. and they've taken their case now to the world trade organization. he said the chinese government offered 1 billion dollar worth of subsidies to exporters from 2010 to 2012. he said

our correspondent sent us the summary from frankfurt. >> no solutions, no agreement the greek remained the main topic. traders are nervous but there is no panic despite a much higher risk of a greek exit. economists are putting chances of greece leaving at 50% much higher than the week before, putting pressure on the euro. positive economic data supported the markets, the index of german investors sentiment rose to the highest level in years. >> we can stay for look at tuesday's numbers. the dax is off by a quarter of 1%. a mixed day, the euro stoxx 50 trading slightly higher. u.s. shares are back in the mix. up very slightly, trading at 18,000 38 points. the euro a tad higher against the greenback. a u.s. federal judge has temporarily suspended president barack obama's controversial immigration reform plan. the ruling gives opponents time to mount a legal challenge to the program, parts of which were due to take affect on tuesday. >> the democratic president five past congress and issued an order to spare about 5000 immigrants from deportation. the white house is to appeal. still to c

. >> shares have tumbled after the move coming from and for late on wednesday -- coming from frankfurt late on wednesday. it did not cut emergency funding altogether. it is allowing greece's emergency bank to provide funding to lenders. >> panic on the markets shares in athens plunged at the opening of trade. greek banks were hit hardest as they digested news of the european central bank's decision to limit greek access to loans. late on wednesday, the ecb said it would no longer accept government that or bonds as collateral. they said they could not assume a successful conclusion to the review of the bailout program. greek banks can still apply for emergency funding, but it must come from the central bank in athens. they will have to pay a higher rate of interest, and the onus is on greece to finance its lenders. on thursday the central bank said it would not be blackmailed, adding that it had given approval to access 10 billion euros in additional emergency funding is needed. the ecb move is seen as a warning to greece's new anti-austerity government not to renege on promises made un

weatherford so far in frankfurt trade it's appearing as closed today.r the last three month os down 22%. >> coming up on the show how big of an opportunity is india for the social media giant twitter? well we are delighted to welcome valley wagner. the founder and ceo of zipdial. that's coming up after this break. >>> welcome back. investors are counting down to twitters earnings report after the bell. one focus will be it's expansion overseas. twitter snapped up indian mobile start up zip dial for about $40 million. joining us now is the founder and ceo of zipdial valerie wagner. it's been a tough year for the company. wall street disappointed with the lack of user growth. tell us how will zipdial's missed call technology help twitter expand into india? >> thanks for having me here. the important thing to think abis the context of indian users and emerging markets users in general. if you compare an indian user smartphone user to a us. user they consume on average only 60 mb of data per month. that's barely enough to download most apps and then do noth

. >> while waiting for the greek proposals, investors in frankfurt have been very optimistic that it will come to a solution. so shares went up to a new high on the dax but have been dragged down by the business climate. if you look at the fact that the leaders of german companies digest the current situation not as optimistic as they did a month before, we could see the crisis may wear on shares pretty seven. >> lipsky chew up to date with how stocks fared on the first trading day. the euro stoxx 50 was up almost 50%. the dow jones down at 18,101. >> a cairo court has sentenced a permanent democracy activist to five years behind bars for violating restrictions on demonstrations. >> he's considered a leading dissident in the arab spring uprising of 2011. >> the sentence has angered activists who say his trial exemplifies egypt lost tough line on dissidents since the military to power in 2013. >> anger directed in court after the verdict was read. chance of down with military rule the code through the chamber. he and his codefendant were both sentenced to five years hard labor. 21 oth

frankfurt has clawed back a bit and only down just a touch while london and paris both down almost .4%. trading in china says they will cut reserve ratio for the first time in 2 1/2 years. stocks jumped after the announcement but profit taken erased all the gains and closed down 1.2% 3136. >>> in tokyo, posting profits on blue chip shares such as toyota and tacausing them to slip. trading from a two month high closing the day down about half a percent. sidney rose for an 11th straight session hitting up almost .6%. >>> moving to currency the euro is clawingback some of the ground it lost 1.1431. the single currency got a boost showing orders surge edd in december. the euro looking like this 1 11431. and dollar yen 117.39 and u.s. jobs data due out friday. people in japan last year welcomed more than 13 million visitors to their shores and they're trying to capitalize on the tourism boom. >> reporter: a popular tourist destination where tourists can enjoy the mountain's highest peak. tourism has nearly doubled over the past two years. this traditional japanese inn has been in business a

staying in frankfurt, the dax finished the session at 11,210 yet another record hosing high on europe's leading blue-chip index. the euro stoxx 50 dropped five 15%. trading is still under way on wall street. a currency markets, the euro, dollar sign1.1356. >> the greek government has suspended all top football matches in the country indefinitely. >> the decision comes after serious crowd unrest interrupted at a super league game between fierce local rivals. >> on tuesday, officials from the clubs ended up in a brawl. clubs have been told the suspension will only be lifted once they provide more sec ticketing. we'll be back in a minute with more news. >> in 60 seconds. >> welcome back. 2014 was a catastrophic year. >> that's how human rights watchdog amnesty international describes the year in a scathing report describing the treatment of citizens in the majority of the world's countries. >> the group points its finger directly at the un security council's five permanent members using their veto power to block international intervention when mass atrocities take place. >> as long as the

the fire at the payless shoe store halted trains in the market frankfurt "l" and they needed 30 bustos get them off the "l" and around the fire scene and of course it was single digit temperatures out there. >> we don't have buses on stand by waiting for these type of incidents. we take those buses from you know actual routes where passengers are waiting for those buses. >> that meant those bus passengers had an even longer wait in the bitter cold until their buses could be replaced. >>> certainly has been an incredible february. 6 out of the last 11 days we've seen temperatures below 10 degrees in philadelphia. that is extremely unusual. we're tracking snow again. several instances of snow during the month of february. we're catching up to the seasonal average here. we get a brief break from the extreme cold tomorrow, brief break. and then a frigid february. we're ending the month in a very cold way as the -- probably the fifth coldest february ever recorded. everything's nice and dry right now in and around the area. it's pretty cloudy. 23 degrees. the wind is out of the south, 9 mil

. >> plans for the elevated station on the market frankfurt line elevator security cameras and communications system will be added along with structural improvements. work could begin in june and last up to three years. >> the coldest air in more than 20 years sets in overnight. then more weekend snow even ice. when the winter storm will arrive. >> oil tanker exploding in west virginia. now philadelphia lawmakers are taking action. what they want done to make sure our rams stay safe. >> this weekend's parade postponed. we will tell you when they'll march. >>> spied does not appear to be factor in monday's oil train derailment. that word from federal officials tonight. they sigh the csx train was going 33 miles an hour. the speed limit was 50. a fire was triggered that is 85% contained. a philadelphia city council member is taking action over concerns about the potential dangers of oil trains. today, a resolution urging emergency management officials to make more information about oil train roots available to the public. that resolution also urges federal authorities to force upgrades on older

this all lead to a rally here on the frankfurt floor where the dax went up to new record highs. >> here's a quick look at the numbers for you now. the dax ended the day up 1%. one 13327. the euro stoxx 50 following suit . in new york, the dow jones currently in negative territory, and the euro sliding currently. $one .1197. >> german media reporting the german bank co-chief or have to face charges of giving false evidence to a court of law. >> the charges relate to a case surrounding the collapse of the media empire owned by a german mogul. they are accused of providing false testimony to a court in the early 2000's. eventually leading to the group's demise. >> well, she's known for shocking her audience, but queen of pop madonna came in for a shock herself airing her performance at wednesday's ceremony. >> the singer costume included a long cape fastened around her neck. it appears to have got caught forcing madonna to tumble down several steps on the stage. ever the professional, she recovered quickly and resumed her performance only slightly shaken by her fall. a real pro. >> ouch. we'

we're seeing gains of .2% for frankfurt. paris is also gaining about .3%. many investors in asia taking a break for the chinese new year holiday. things in tokyo have been busy indeed today. the nikkei rose to levels not seen in nearly 15 years. it ended at 18,264 a gain of .4%. many traders saw encouraging signs in japanese export data and corporate earnings. meanwhile, in australia, the s&p asx 200 saw declines, 5,904. turning to currencies euro dollar is at 1.1398. investors are keenly awaiting new developments in the greek debt talks. dollar yen is at 118.91. they will look for the latest data on u.s. unemployment and insurance claims due out later today. >>> some economists expect the good times to keep on rolling for japanese stocks. one says there is a strong chance the nikkei will top 20,000. >> translator: if we see a positive economic cycle take shape, in other words if wages go up and corporate investment increases, then stock prices will likely rise to the next level. >> another takes a different view. he says the late surge is not supported by

german shares coming can see the frank for dax, -- the frankfurt dax, forced germany's economy is linked to russia's. let's look at company news. french oil company total says the falling oil prices have cost atit $6.5 billion. that was announced as they said they lost $5.5 million over the period. investment of over $2 billion this year. a difficult year ahead for the french lender sociÉtÉ general e. the bank proposed a rise in net profits to $5.11 million. and 1000 jobs here after profits tripled in 2014. net income reported at renault at 9 billion euros last year despite losses of 180 million. >> 1000 new jobs for france, wow. let's wrap up with the korean air executive at the center of the air raid incident over a bag of nuts have been given prison time. >> the daughter of the korean air's chairman, she ordered a plane back to the gate in new york over the fact that she was served macadamia nuts. she was found guilty of assaulting the crewmember and striking the captain. she was sentenced to one year in e language]

this summary from frankfurt -- >> today's trading action was once again clearly dominated by the standoffween greece and the eurozone. we had a little bit of an uptick of momentum in the morning after greece came up with a better than expected offer. but then wolfgang schaeuble said the offer was not good enough and we immediately saw a little selloff here in the equity market. in general one has to say that traders are very pragmatic. they think that tomorrow we will seek some sort of solution, some sort of an agreement between both parties. that is why shares are actually gaining, and the dax could even touch a new record high during today's trading session. >> we stay for a closer look at the numbers -- on the big board. at the finish, not too bad. dax finishing over 11,000 points. stoxx 50 up more than 0.6%. on wall street, the dow edging slightly lower and the euro trading lower against the greenback at a value of 1.1369. >> in ukraine, president petro poroshenko ordered the united nations to send -- asked the united nations to send peacekeepers. >> ukrainian troops gave up their las

robert helfrich is in frankfurt. f>> it is crucial that we see a solution and it has to have two sides. fighting corruption and better tax collection was promised during their campaign. if those two points could be successfully implemented, it would be possible to grant more aid. athens has to deliver and to act like the new robin hood does not solve problems. >> greek is also a topic of discussion at the meeting of the g 20 wristers istanbul. u.s. treasury secretary jack lew is calling for cooler heads in the french finance minister says that they need to protect greece from any panic on the markets. he said they could simply agree to finance athens without respect for european rules. >> that is the news from hsbc -- the bank is about -- apparently this was arm has been making failures recently. >> that's right. this is, after a massive investigation that reveals hsbc's swiss private banking arm helped thousands of clients evade taxes. a former i.t. expert at the bank showed that it helps them hide accounts from tax

in frankfurt wednesday with that the european central bank announced it would no longer accept grease government bond as collateral for loans to greece's increasingly shaky banks. for the new greek government, abandoning austerity may be easier said than done. >> the message was said. whether it was heard already is open, but i hope was heard that it's not only a decision of some greek voters how the rest of europe should handle the greek debt. it's something where other parties have also something to say, and of course, they have to find a compromise. >> the new greek government is looking for support in europe and running out of places to find it, and there wasn't much support here at the german finance ministry, where the message to greece seems to have been turn back your plans to abandon austerity or we may turn our backs on you. >> outside the finance ministry, a small group of leftwing protestors sympathetic to greece's position, but this is a minority view in germany. a new poll indicates 68% of germans are against debt relief for greece if it walks away from its commitments a

frankfurt, kentucky, minus 21. lynchburg, virginia, 11 below. just some of the eye-watering lows. this season's unrelenting snowstorms now the waves of arctic cold are pushing people and all the things we depend on to the breaking point in so many places, and the danger is only increasing. we start in nashville tonight with nbc's gabe gutierrez. hello, gabe. >> reporter: lester, good evening. multiple crashes are being reported across nashville right now during the evening commute. earlier today we saw snow, right now sleet and later tonight freezing rain is expected. across the country more than 500 daily record lows have been broken this week. record-shattering cold is spreading across the nation tonight. >> this is the worst i've ever seen. >> reporter: today, 21 states hit temperatures in the double digits below zero. lexington, kentucky negative 18 degrees. the city's coldest day in 21 years. cleveland saw negative 17, the city's coldest february day ever. flint, michigan, negative 25 degrees. wind chills today well below zero triggered massive water main breaks in nashville.

very much a mixed bag with london down both frankfurt and paris are gaining.arlier in asia tokyo's nikkei closed at a 15-year high and many other markets posted gains, after the lunar new year holidays. seoul closed at a 2 1/2 month high. shanghai, though still closed there for a holiday. in fact it's closed until tuesday. on to currencies now. the euro fell against the dollar after germany's corporate sentiment index was lower than market expectations. we're seeing it at roughly 1.1301. and the dollar is trading in a narrow range against the yen, dealers are avoiding active trading ahead of fed chair janet yellen's testimony later on this week. they'll be looking for any hints about the timing of a rate hike. >>> well japan's domestic shipments of home electric appliances dropped for the fourth straight month in january. last year's consumption tax hike is seen as the main reason. the japan electrical manufacturers association says shipments totalled about $1.1 billion in january. that's down 22% in yen terms from the same month in 2014. the sharp declines ar

news we're following at w55:05 police are looking for a burglar who broke sbroointo a home in the frankfurt section where they robbed a couple. >>> on roberts avenue around 5:30 last night, a woman and her 13-year-old woman followed the victims into a laundromat and opened fire. one of the victims was grazed in the head and came within an inch of losing her life. >> reckless you know kids are walking around every day. anybody could have gotten hurt. >> now the other woman was shot in the leg. both are in stable condition. the mother and daughter are in custody but have not been charged. >>> police in mercer county hope you can help them find a driver who hit a man and then kept going. take a look at this silver car on the bottom right-hand side of the surveillance picture. police believe that's the car that hit the victim sunday night along east state street in hamilton township. doctors say the victim will be okay but the driver's car may have damage on the hood and windshield on the passenger side. >>> jury selection will begin this morning in the misconduct trial of a police officer in g

frankfurt, also in the positive up 0.4%. now weaker economic data in china weighed on markets there. the shanghai composite closed at a two-week low down 2.5% 3,128. analysts say dozens of ipos in china last week also dampened investor sentiment. meanwhile here in tokyo the bench mark index closed at 17,558. that works out to a one-week low. it does follow as well the u.s. government's release of data last week that showed growth fell sharply in the fourth quarter. in sydney the main index there closing at a five-month high 5,625. investors hope that australia's central bank will cut its key interest rate when its policy board meets tomorrow. let's turn to currency markets now. the dollar is moving in a narrow range against the yen. we're seeing it at 117.63. market players waiting now for u.s. manufacturing data for january. those numbers due out later on today. meanwhile the yuan is at one point dropped to its lowest level in about eight months against the dollar. that's pretty much due to speculation that chinese authorit

philadelphia and we only had a trace of snow officially in philly but southern delaware, 6.6 inches in frankfurt. 6 inches in selbyville and lesser amounts the farther north you went in delaware. the southern tip, cape may, 5 1/2 inches and atlantic city and 2 1/2 inches and right now we have clear conditions on the radar. we have a few snow flurries back in central pennsylvania. that's about it for any kind of threat during the night tonight. it's not going to bother anybody and the temperature, well it's still very cold and it's going to stay that way all night tonight and get even colder as we head toward the weekend. more about how cold it's going to get and when we'll see the next snow and ice with the seven day in a few minutes. >> thanks glenn. the warminhster line is back up after a weather commute. the train on the line left the station this morning and septa says overhead wires somehow snagged on the top of the train. 500 people onboard waited some 90 minutes for another ride. >> the whole train went up in the air for maybe a foot it felt like, like you were on a roller coaster ride an

almost two hours ago on eric street in the frankfurt section of philadelphia. the robber got away. nobody was hurt. >>> a lot of people are talking about this story this morning. a woman and her teenager daughter, 13 years old, are accused of following two women and shooting them outside a philadelphia laundromat on roberts avenue in the cuyahoga section of the city at 5:30 last night. the woman and 13-year-old know the victims, followed them to the laundromat got into an argument and tried to shoot them when they ran away. one was shot in the head and the other in the leg. both are in stable condition. the mother and daughter have not yet been charged. >>> 5:34. police in mercer county hope you can help to find a driver who hit a man and kept going. take a look at this silver car on the bottom right-hand side of this surveillance picture. police say this could be the car that hit the victim sunday night along the street in hamilton township. doctors say the victim will be okay but the driver's car could have damage to the hood and windshield on the passenger side. >>> jury selecti

frankfurt is really pulling the region lower, down to about 1.4% lower. the greek prime minister said on sunday that he has no intention of asking the eu to extend its bailout program. turning to asia now, stocks ended mostly lower as china's imports and exports in january tumbled from a year ago. sydney snapped a 12-day winning streak. but tokyo was able to close higher today on the weaker yen. and speaking of currencies the dollar and the euro are now trading lower against the yen. traders are buying the japanese currency as a safer bet. they're worried about greece's debt problems and the conflict in ukraine. >>> well japanese workers are feeling a little bit better about the economy these days. sentiment in january improved for the second straight month. officials at the cabinet office surveyed about 2,000 workers to compile the monthly economy watchers index. the index in january rose 0.4 points from the previous month to 45.6. a measure below 50 does suggest more people are pessimistic about business conditions. respondents in transportation service

and frankfurt gaining by just over half a percent there. japan's nikkei retreated from a seven-year high today closing down 0.4% 17,913. now investors booked profits and sold export related shares on the higher yen. for the week the nikkei rose 1.5%. in in in china the zhang shy posit rose nearly 1%. fresh measures showed sentiment ahead of the lunar holiday that kicks off next week. australian shares surged to a seven-year high. the main index finished the day higher 2.3%. hong kong gaining more than 1%. south korea closed up 0.8%. taking a look at currencies now. the euro is moving in a narrow range. euro dollar is at 1.1412. euro yen 135.62. some market players are digesting the economic data. but some traders are buying the euro on expectations. talks on greece's bailout program between athens and its international creditors. >>> european union leaders have sat down together in brussels to friend solutions for greeces adebt crisis. they failed to make any progress. greece is asking to rescue its debt crisis. greek prime minister alexis