. >> i'm charles hodson in london. here are the headlines. it's jobs friday. u.s. economy is showing signs of picking up but just how is that translating into employment growth? we look at what's expected. >>> making new inroads into india, ford's allen moulally. >>> caution has crept in before the week is out. european markets are marginally out, asian markets are marginally down. futures are flat. the predicted number of new jobs is around about 150,000. many say that is better but charles still not good enough. >> no. i think that's very much going to be what is dominating

i'm andrew stephens in hong kong. >> i'm charles hodson in london. you're watching cnn.

i'm charles hodson. >> and good afternoon from cnn hong kong, i'm andrew stevens. you're watching "world business today." our top stories this thursday, january 5th -- >> european investors are on edge as greece sounds the alarm and france faces a big test on the bond markets. >> after remaining -- for four months can yahoo! regain direction with a new man at the helm? >>> also ahead -- >> honorable gentleman could perhaps aten more closely to what i'm saying. rather than how i am saying it. he may receive a valuable education in spite of himself. >> as the iron lady debuts in london, we chart margaret thatcher's lasting economic legacy. >>> the word on the world stock market is not particularly cheerful this thursday. exchanges in asia, mostly down after closing a short while ago. in europe, things aren't getting off to much of a start either. let's get straight to the numbers. charles? >> absolutely. right across the board, an hour and three minutes into the trading session, what is worrying these markets, we're seeing a french bond auction today, long dated sove

i'm charles hodson. these are the top stories. investors are desperate for direction as greek debt talks stall. europe and the united states slap unprecedented sanctions on iran to squeeze its nuclear program. and as republican presidential hopefuls slug it out, we take you inside the mitt romney money machine. the -- how low can you go? the limbo, that is greek debt debate, private creditors can't lower the bar any further. they've named their best price for bond restructuring, but euro zone leaders have rejected it. the dance has stalled yet again. european finance ministers continue to talk in brussels with greek a -- they want a solution within days. but officials in athens have set a deadline of february 13th for agreement. that is five weeks before an $18 billion debt repayment is due and it seems that even if the debt dance resume, the various parties will move to different tunes. >>> in many ways it's been the story of the crisis. different people wanting different things at different times. imf chief christine lagarde off

. >> i'm charles hodson in london. here are the headlines. it's jobs friday. u.s. economy is showing signs of picking up but just how is that translating into employment growth? we look at what's expected. >>> making new inroads into india, ford's allen moulally. >>> caution has crept in before the week is out. european markets are marginally out, asian markets are marginally down. futures are flat. the predicted number of new jobs is around about 150,000. many say that is better but charles still not good enough. >> no. i think that's very much going to be what is dominating investor thought really all way around the globe. we are seeing this slight rebound here in europe. there was a bit of a sell-off, i think perhaps in anticipation of a strong nonfarm payroll. maybe as many as 90,000 jobs being created. that's the whisper number on wall street. as that number goes down to more than 150,000, which seems to be the consensus, there's less prospect of u.s. interest rates being moved up soon and perhaps there's pressure on the euro. there is a lot of worry out here

corey hodson chases down the puck in the corner and his shot is redirected by michael hansus for the game winner and the canucks beat the sharks 4-3. >>> last year monty ellis had the game winning shot in the final seconds to beat the pacers but history would not repeat itself last nice in oakland. >> he's got to go now. he's got to go. you do not want the clock to run down. >> there is the steal. hill is going to be fouled. and lays it in. >> george hill wins it for the pacers. but take another look. hill appears to kick the ball. today the nba issued a statement saying the ref made a mistake last night and a kickball should have been called. >>> speaking of bad break, the pacers mascot boomer shattered the backboard at an indianapolis high school game and the fans were done celebrating, they had to move to another gym, so the game could be finished. and his name is boomer. what do you expect? he brings thunder wherever he goes and i'm sure the trampoline helped a little bit to get the backboard cracked. >> thank you very much, kim. >>> another body pulled from the wrecked cruise sh

corey hodson chases down the puck in the corner and his shot gets redirected by michael hansus for theame winner. the canucks won 4-3. >>> and the final seconds last year to beat the pacers. but history would not repeat itself last night in oakland. >> he's got to go now. he's got to go. you do not want the clock to run down. >> 4-2. >> that was a steal. >> hill is going to be fouled. >> george hill wins it for the pacers. but take another look. hill appears to kick the ball, which if called would have stopped the play, and given the warriors another chance. >> that is a tough miscall. he clearly kicked the basketball. the referees felt that it wasn't intentional. obviously, it was. >> it doesn't change the outcome. but the nba did issue a statement this afternoon saying the refs made a mistake last night and a kickball should have been called. >>> speaking of bad break, the pacers mascot boomer shattered the backboard at an indianapolis high school game. when the fans were done celebrating, they had to move to another gym so the game could be played. >> well at least the mascot doesn'

less than a minute later, is cody hodson, scoring the eventual game-winner, canucks win 4-3. and we end with some sad news regarding former penn state head coach joe paterno. the "associated press" is reporting the 85-year-old is battling lung cancer, in serious condition after experiencing health complications. our thoughts and prayers go out to his family. >> thanks a lot, henry. >>> we'll be right back with two of the nation's best places to relax. right in our own back yard. never in my lifetime did i think i could walk 60 miles in 3 days. 60 miles in 3 days is-- is huge. if my mom can fight and beat breast cancer, i can walk 60 miles. you just put one foot in front of the other, and you know that you're walking for such a great cause that you just keep going. (man) that you have all these people coming together for one common goal. (woman) the goal is to bring an end to breast cancer. (woman) the fund-raising was the easiest part. people were very giving. complete strangers wanting to help. if i can do this, you definitely can do this. (woman) i'll never stop walking, no

. >>> good morning from cnn london, i'm charles hodson. this is "world business today." top stories on monday the 23rd of january. research in motion's co-ceo steps aside. >>> and greece, are debt talks growing on? >>> and kim dotcom is back in court. >>> the two chief executive officers of research in motion have resigned. the company's share prices scraped lows we haven't seen since 2004 after a series of missteps angered investors. ramy inocencio, our asia business analyst, joins us with the latest. what's been oing gone there and what's the purpose of this move, ramy? >> it's a huge reshuffle, of course, that's in motion forever the maker of the blackberry. rim says this leadership change is effective immediately. so what does that mean? a co-ceo mark lazaridis will become vice chair of rim's board and co-ceo, jim balsille is resigning as well. they'll be behind thorsten heins. he will be ceo and president. he's been with rim since 2007. most recently he had been its chief operating officer taking care of the company's global blackberry smartphone portfolio. he was w