nationwide foreclosure settlement may be right around the corner. >> jane king joins us live from thee with more on that. >>> good morning. no multi-billion dollar nationwide foreclosure settlement yet between the banks and state attorneys general but sounds like progress is being may. florida and massachusetts are among the whole-outs with the others we knew about including california, new york, nevada and delaware. negotiations continuing following the deadline that came and went monday. reuters is reporting a deal could come tomorrow. seems like consumers willing to pay for the higher menu prices. restaurants staying open longer9ñú 40% of mcdonald's open 24 hours a day. these markets are quiet i guess they are waiting for news out of europe greek leaders gearing up for more negotiations over measures that would qualify it for nor international aid. bloomberg index quietly traded. new products you probably love or hate. bacon milkshake from jack-in-the-box if you are worried about how bad bacon may be, vanilla ice cream, whipped cream, cherry and bacon flavored syrup, 773 calories,

jane king has the bloomberg business report. hi, jane. >> young people suffering bigger income losses than any other age group. there is now a record gap in employment from the young and the old. these are people aged 18-34. 54% of seniors say their employment is good. three more states have agreed to join more than 40 states in a settlement. the deal may not be worth as much as $39 billion. we're still waiting to hear from delaware and massachusetts on that salomon. -- on that settlement. stop pushed higher yesterday --stop us pushed higher yesterday -- stocks pushed higher yesterday. the prime minister of italy will meet with president obama today about italy's debt. it is bigger than greece. caesars is back as a publicly traded company on wall street. the shares nearly doubled after selling shot in an ipo. heavy volume trip the circuit breakers. caesars should benefit as the economy improves. i'm jane king for wbal-tv 11 news. >> 5:22. 33 degrees on tv hill. how the orioles are making out. >> don't forget to e-mail us your res

jane king has the bloomberg business report. hi, jane. >> good morning. some mixed news coming of europe. that $173 billion bailout for greece has been approved. some are skeptical that it is not enough. we will hear from walmart and home depot today. futures are pointing to a bit of a higher start. there was some speculation on friday that that would happen this weekend. apple on the verge of selling nearly 25 billion apps worldwide. if you download the 25 billo ionth app, the company will give you a gift card. lockheed martin has begun its first flight test for the at-35. the test was done at edwards air force base -- f35. umbc low productivity because the new angry birds game will be launched. it will be a new game but it will have some familiar elements. i'm jane king for wbal-tv 11 news. >> we never noticed the lisp before with the 25 billionth. >> i don't even know how to say that. >> there is always a lot of buzz around apple products. >> we have heard rumors of a new ipad 3. a new nook e-reader is on the horizon. were you can get it blackberry pla

i'm jane king reporting for wbal-tv 11 news. back to you. >> thank you. 5:22. we say farewell to the legend don cornelius. >> look at for that notorious sold train line. >> we will look back at the creator of "soul >> a baltimore man just want to wait groundbreaking surgery to save his life. >> is lisa robinson -- here is lisa robinson. >> he was diagnosed with a rare cancer that was inoperable. he was forced to leave the country and go to europe. >> you should not have to travel that far to get a surgery like this done. >> his family spent hundreds of thousands of dollars to get the surgery. his mother traveled with him. >> we're from america. we had to go to their country to get help. >> why he couldn't get the surgery here in maryland even know the technology comes from the u.s. i am lisa robinson. >> 51 degrees on tv hill. governor o'malley takes his tax police to the people. >> some frustrating news for homeowners in baltimore city. >> we will check the forecast for the weekend when we come back. >> there is an accident near the airport. we will check for

jane king has the bloomberg business report. >> i just want a vacation. you those overdraft fees that banks charge. according to a research firm, banks charge customers about $30 billion in overdraft fees just last year. quarter sales for dell missed analyst estimates. we have futures this morning just kind of flat. we will see if we can close above 13,000 on the dow. we briefly traded above that level yesterday. a new sporting goods store opening in crofton this year with 2000 jobs to fill. you can check out the official site for dick's sporting goods. after a short point of cell phone use, people were less likely to get involved with volunteer work. it has to do with feelings of social connectedness. it reduces you wanted to engage in social behavior. i'm jane king for wbal-tv 11 news. >> ikea wants to make it easier to put furniture together. >> we put together all kinds of furniture because we just moved in january. some people do not bother with instructions and we still bother with those. ikea offering to help with instructional videos. >> i like ik

jane king has the bloomberg business report. good morning. >> another week down. happy friday. the dow is within hitting 13,000 . few jews are flat this morning -- futures are flat this morning. stocks were on the rise yesterday boosted of signs of an economic recovery. strong reports on the jobless claims. the doc is that the highest level in nearly a quarter years. the postal service wants to raise the price of a first-class stamp by a nickel. it is an 11% increase. they could lose $18 billion by 2015. fewer people locally or on food stamps when compared to the national average. 6.6% of the more than 1 million households in baltimore are on food stamps. your city ranks 101 out of the matter 42 cities examined. say goodbye to king's size versions of your favorite candy. mars will stop making chocolate project that exceed to wonder 60 calories by the end of next year -- that exceed 260 calories. i'm jane king for wbal-tv 11 news. back to you. >> people will be buying two of the smaller sizes. facebook and twitter making more changes open their users will like. >> it is all abou

jane king has the bloomberg business report. >> isn't that the truth? many people finding themselves up to their ears with student loans. it is approach to the $1 trillion mark. boring like this is reminiscent of the mortgage crisis -- borrowing like this. the pentagon is the largest consumer of energy in the world. the government spent more than $17 billion in oil. around $99 arude barrel. stocks headed higher day yesterday modestly. the dow now at its highest level since may of 2008. finding love in the office is nothing new. a recent survey found that 30% of workers have dated somebody they work with. of those, nearly one-third made them their husband or wife. i'm jane king reporting for wbal-tv 11 news. >> thank you. 5:23. 35 degrees on tv hill. having a reason to visit ocean city. >> don't forget to e-mail us your response to our water cooler question of the day. do you think a legislature should be able to restrict people from wearing certain types of clothing, like pajama bottoms, out in public? you can share your response at wbaltv.com and on ou

jane king has the bloomberg business report. >> good morning. a new passenger screening program to make check-in more convenient for some travelers. is being expanded to 28 airports, including bwi. passengers would no longer have to remove their shoes and belts. panera brad will expand table service at more of its locations. their focus will be on their purpose damages, which have been hot sellers. inflation is not going away. sharp price increases for beef. quarterly results from duncan brands. we'll also hear from expedience. the prime minister for greece work on specific terms on another bailout. the bloomberg maryland index was off fractionally lower. i'm jane king for wbal-tv 11 news. >> 6:18. 33 degrees on tv hill. carroll county has a two-hour delay. can check the delays on our website, wbaltv.com. >> the blue devils to take on the tar heels. keith mills will have highlights. >> don't forget to e-mail us your response to our water cooler question of the day. what do you think of the mandate that all employers, including religious institut

i'm jane king reporting for wbal-tv 11 news. >> what does that say? >> i do not know. coffee is pretty important. >> coffee is very important. come on. let's talk about tax season. making some changes to get people not quite comfortable to do their own. >> a lot of people like to have an accountant. many people are reluctant to e- file. turbo tax giving you that option. i will tell you how that all works. >> thank you. >> 35 degrees on tv hill. >> 35 degrees on tv hill. we will be right >> story about an interracial couple. >> baltimore was a different place back in the 1950's. barry simms explains. >> this is a story about a couple whose love was against the law. the relationship has lasted more than half a century. it was tested by an antiquated law. she was thrown in jail. her son was sent to an orphanage. >> they wanted to take shirley and make an example out of her. >> she wonders why her life was turned upside down. >> how this all came about and they pursued it with me and not other people and things like that and i could not never get answers. >> tonight, the l

i'm jane king reporting for wbal-tv 11 news. back to you. orange juice is very important in the morning. >> people love that new-car smell but a product that is on healthy for you -- that is unhealthy foryou. >> that new-car smell may not be good for you. >> thank you, jane. >> 38 degrees on tv hill. we know the details behind a new deal that will bring the grand prix back to baltimore. >> don't forget to e-mail us your response to our water cooler question of the day. do you think it is appropriate to ban displaying tattoos or piercings from a public park or pool? you can share your response at wbaltv.com and on our facebook page, or send us an e-mail to watercooler@wbaltv.com. >> the usns concert will set sail from baltimore. it will move to virginia to lower costs. the relocation will affect some 40 workers. the governor martin o'malley is looking for opportunities to keep the ship docked right here in baltimore. you can go behind the scenes and see photos of the hospital ship on wbaltv.com. >> good news to some and bad news to others. a

i'm jane king for wbal-tv 11 news. nextunderstand google's venture has to do with home entertainment. >> google is testing something. i will tell you something about what we know. >> sneaky. 5:22. 28 degrees on tv hill. denzel washington switches sides. >> denzel washington plays a bad guy in a new movie this week. >> we have more in the box office preview. >> you are responsible for your house. >> denzel washington is the worst house guest ever. he is living life underground. he is apprehended. a band of mercenaries storm the fortress. fehouse" is rated r. tiny elephants in giant insects in their quest to find his grandfather on an island that does not exist. "journey 2" is rated pg. "the vow." newlyweds are living in chicago. she gets robbed of her memory. he tries to winner back. george lucas releases "star wars episode one, the phantom menace." an evil warrior. it is rated pg. that is the box office preview. >> that looked good. >> i like denzel washington as a good guy. 28 degrees on tv hill. maryland is about to

. >> the fact that you're going to a then the machine -- >> jane king has the bloomberg business report. hi, jane. >> good morning. the most anticipated public offering since google. facebook has chosen morgan stanley to be their underwriters and they are expected to file the paperwork today. they plan to raise $5 billion through the sale but it could be more. facebook its oversight, according to one -- facebook is over hyped. >> that would be 25 times revenue and that does not happen. linkedin was about 11 times revenue. google was only 15 times revenue. i do not understand people rushing to buy in at 25 times. >> facebook is still one of the biggest ipo's this year. a mixed close yesterday. the dow and s&p pulling back. business activity cooling off in january. investors are eyeing amazon. reported sales were missing analysts' estimates. the kindle fire is the most was for product on amazon since its introduction 17 weeks ago. i'm jane king reporting for wbal-tv 11 news. back to you. >> moms are refusing to go to america when it comes to buying things for their babies. >> a lot of pre

i am jane king has the bloomberg business report. for wbal-tv 11 news. >> problems on the roadways in the parkville area. >> linsanity continues. keith mills will join us live in the studio to show us. >> don't forget to e-mail us your response to our water cooler question of the day. do you think coaches have the right to ban players from using social media sites like facebook and twitter? you can share your response at wbaltv.com and on our facebook page, or send us an e-mail to watercooler@wbaltv.com. >> here is a look at last night's winning maryland lottery numbers. >> now traffic pulse 11 and insta-weather plus together. >> good morning. sarah caldwell checking on your morning commute. we are tracking closures in parkville and the southwest side of the city. harford road is shutdown. millington avenue is closed at frederick road. avoid those if you can. 57 on southbound 83. looking good at the j.f.x. so far so good at 97 traveling to the glen burnie area at 100. 295 looking good. this is the j.f.x. southbound traffic is buildin

jane king has the bloomberg business report. it is friday. >> happy friday.he recipient of the biggest taxpayer bailout in history is reporting a big jump in profits, a jump of 77%. the government still owns a majority stake in aig. bp may not be all that popular these days but the government sure seems to like it. they have stepped up purchases making it the biggest, oil fuel supplier following the 2010 spill. crude oil futures are back up again, $108 a barrel. we do have some better than expected news from weekly jobless claims and that helped boost stocks yesterday. jane king for wbal-tv 11 news. >> a lot of teenagers are probably thinking, what movie to want to see? maybe get a jump on it. >> except this movie is not coming out until march. sales even eclipsing "twilight." i will tell you what movie that is. >> i am sure we know nothing about it. >> thank you, jane. >> 46 degrees on tv hill. this is oscar weekend. that does not mean movies take a break. >> a preview when we continue. >> jennifer aniston and paul rudd -- >> we have all of this weekend's ma

jane king has the bloomberg business report. >> more job growth in maryland. about 100 new workers locally over the next 12 months as they expand the commercial side of their business. repositions include software engineers and even a web content and social media specialists. the pope putting out one papal tweet a day during lent. many of the ideas can be expressed in under 140 characters. jeremy lin putting in a patent on the word "linsanity." we did have a lower close for stocks yesterday. concern about europe weighing on things. the baltimore area ranks eighth in the city's most likely to do yourself. americans want to save money by tackling their own home improvement projects. i'm jane king for wbal-tv 11 news. >> we're number 8. i like the smell things my self. still ahead, your answers to our water cooler question of the day. >> a mild day today but the changes coming up in the seven- day forecast. a beautiful sunrise. stay tuned. stay tuned. >> welcome back to 11 news today. police are investigating a pair of late-night shootings. the most recent happen

jane king has the bloomberg business report. >> good morning. barnes and noble nook is a blockbuster hit. new tablets will be released this week. that will allow to go head-to- head with the kindle fire. the kindle fire is reportedly getting a makeover as well. will be a bigger 10-inch model. spot offering a droid tablet of $169.99. it is refurbished and there is no warranty. waiting on results from walmart and home depot. there was a higher close on friday. the bloomberg maryland index slightly lower. the government work force is expected to shrink 13% this year. workers contributing more to their pensions. a pay freeze extending for another year. i'm jane king for wbal-tv 11 news. >> 29 degrees on tv hill. >> a. knell biter in big east basketball -- a nail-biter in big east basketball. >> here is a look at last night's winning maryland lottery numbers. >> now traffic pulse 11 and insta-weather plus together. >> good morning. sarah caldwell checking on your morning commute. several accidents coming in including one and the brooklyn park area. w

jane king has the bloomberg business report. >> good morning. more than 4% traveling adults spend the majority of their vacation budget and what they call obligation trips. that is when you go away for a reunion or holiday gathering. i'm would love to make more leisure trips. the hotel industry is back on track. a majority of people expect their businesses to be more profitable this year compared to last. 27% say they plan to create new jobs. we'll go over existing home sales data. we will see if we can cross above the 13,000 level for the dow. was concern about sky high oil prices. the bloomberg maryland index falling on losses for under armour. ikea is going high tech with videos on its official you to decide. there is a video showing workers putting a bed together in just 10 stops. new videos are planned weekly -- in just 10 steps. i am jane king for wbal-tv 11 news. >> that should help. >> i have trouble with that. >> we will get up to date with problems on the roads that could impact your morning commute. >> the terps get a win. keith mills

i'm jane king for wbal-tv 11 news. >> 51 degrees on tv hill. two overtimes for the terrapins last night. keith mills will tell us if the terrapins were able to come back. >> here is a look at last night's winning maryland lottery numbers. denny's new sizzlin' skillets are here for a limited time. so strike while the iron's hot. starting at $4.99. only at denny's. america's diner is always open. >> now traffic pulse 11 and insta-weather plus together. >> good morning. let's check the area roads. we have some light rain. not having a major impact. no problems on 395 in towards conaway. everything running smoothly as you make your way around the beltway -- in towards conway. 51 as you make your way towards the fort mchenry. everything running smoothly on 95 in and out of cecil county. 59 miles per hour in harford county. this is the key bridge. no major delays. everything running smoothly in the outer loop. 895 checks out just fine north and southbound. that is the latest on traffic pulse 11. >> good morning. some light rain to start the day. noth

jane king has the bloomberg business report. >> researchers identified more than 275 different chemicals in car interiors and those chemicals include those associated with birth defects. help his car was the honda civic -- the healthiest car was the honda civic. a report due on housing starts which measures how many builders broke ground on new homes and economists expect to see a rise. markets did end lower yesterday on concern about greece. john said they will get more involved in helping europe with the debt crisis. the bloomberg maryland index was lower on losses for lockheed martin. the baltimore grand prix is hiring. they're looking to break up to half a dozen workers with the communications and promotion of the program. that is business. i'm jane king for wbal-tv 11 news. >> thank you. 6:22. 39 degrees on tv hill. >> the terrapins will have to make a run without a key player. keith mills will join us live in the studio. >> here is a look at last night's winning maryland lottery numbers. >> now traffic pulse 11 and insta-weather plus together. >> good morning. sarah caldwell checki

i'm jane king for wbal-tv 11 news. >> thank you. 40 degrees on tv hill. will check the roads and the things that could slow down your morning commute. >> fireworks on the lights at daytona. keith mills has highlights from the wild nascar race. >> here is a look at last night's winning maryland lottery numbers. >> now traffic pulse 11 and insta-weather plus together. >> good morning. sarah caldwell checking on your morning commute. a nice start this tuesday morning. the accident on eastbound 70 is now clear. a nice start in towards the beltway on 70. 29, in the city we are tracking an accident. building volume around the area. our first delay on the west side outer loop at 70. 59 on southbound 97. the b-w parkway is running smoothly down towards the capital beltway. this is 95 out of the white marsh area. tapping the brakes southbound. that will continue until you get to the beltway northeast. sky team 11 up above the fort mchenry toll plaza. not bad at all. southbound traffic heading into the tunnels and we are not tracking any significant delays. that is

i'm jane king for wbal-tv 11 news. >> bell they them -- validate them. we have some school delays to tell you about because of the fog. carol line and dorchester counters on a two-hour delays. >> the ravens are saying joe flacco is not going anywhere. keith mills will have more. >> here is a look at last night's winning maryland lottery numbers. >> now traffic pulse 11 and insta-weather plus together. ." >> good morning. sarah caldwell checking on your morning commute. it is at fogfoggy out there. you can see the delays on northbound 95. this is because of an overturned tractor trailer. still clearing it completely. watch for that alternate. take pulaski highway as your alternate. word of an accident on baltimore national pike. bit of a delay because the right lane is taken up by an accident. this is 95 at 543. all lanes remained closed and looking at the backup northbound 95 exiting at 543. this is baltimore national pike. not seeing any delays yet. no delays as a result of the accident on the inner loop. that is the latest on traffic pulse 11. >> the f

jane king has the bloomberg business report. >> good morning. walmart wants to put more healthy food on your dining table. they will detail their healthier food initiative in som. you can find those products easier in the store. americans are getting less dependent on other countries for energy. the u.s. is producing some much natural gas the government may iapprove exports. financial jobs have been on the decline. as many as 5000 workers and that includes hiring in the baltimore office. a lower close on wall street with concern over greece's ongoing debt crisis. the bloomberg maryland index was lower. build-a-bear is opening a store inside sinai. the store will open on february 27. i'm jane king for wbal-tv 11 news. >> 6:20. 38 degrees on tv hill. an accident in westminster is slowing things down this morning. >> a few days before orioles pitchers and catchers report to spring training. which starter has been let go? >> don't forget to e-mail us your response to our water cooler question of the day. would you support expanding gambling at slots

jane king has the bloomberg business report. >> good morning. some good news for the walt disney company. more people are visiting their theme parks. they are also optimistic about their cruise ship business. other things are weighing on their quarterly results. profits are getting fatter at buffalo wild swings. -- wild wings. the restaurant chains announcing plans to open as many as 600 more stores. we're waiting on quarterly results from wholefoods and sprint. a modestly higher day for stocks yesterday. the dow is at its highest level since may of 2008. the bloomberg maryland index was lower. red robin welcoming a girl's night out and offering wine and dessert at half price. about 70 million probably dined out on valentine's day last year. i'm jane king for wbal-tv 11 news. >> 6:20. 35 degrees on tv hill. two early-morning problems in owings mills. >> the terrapins take on the clemson tigers. >> don't forget to e-mail us your response to our water cooler question of the day. do you think a legislature should be able to restrict people from wea

i am a jane king at the new york stock exchange for wbal-tv 11 news. >> 6:20. 55 degrees on tv hill. an early morning accident that several of details about. >> the biggest story in football is about a player who is not playing in the big game. >> here is a look at last night's winning maryland lottery numbers. denny's new sizzlin' skillets are here for a limited time. so strike while the iron's hot. starting at $4.99. only at denny's. america's diner is always open. >> now traffic pulse 11 and insta-weather plus together. >> good morning. sarah caldwell checking on your morning commute. one accident of note along dundalk avenue at eastern avenue. a bit of a delay on 395 towards 95. speeds around 43 miles per hour. 44 at baltimore national pike. up to speed on the north side in the outer loop. so far so good on the 83's this morning. 795 moving well out of the police mills area. this is 95 at the fort mchenry. picking up in volume in through the tunnels. moving well at the harbor tunnel. a smooth start at the key bridge. you have to wait traffic in the outer loop and moving much bett

jane king has the bloomberg business report. >> good morning.xt doctor's appointment may cost you more. things that were once let go by now costs 2, up to $20 for things like forms and medical records or skipping appointments. patients have been skipping annual checkups and screenings. you may not be as board in a hospital room. increasing sales staffs to hospitals and doctors' offices. greece back in focus this morning. the bailout is still up for a vote. stocks were dragged lower on friday. the bloomberg maryland index took a dip. more americans getting a net tuck.alkip and cosmetic procedures are on the rise. i'm jane king for wbal-tv 11 news. >> thank you. >> maybe cosmetic surgery is the gift to give. >> 6:22. easing the pain. the event honoring billy cundiff. he will bounce back. >> don't forget to e-mail us your response to our water cooler question of the day. what is your favorite memory of whitney houston? you can share your response at wbaltv.com and on our facebook page, or send us an e-mail to watercooler@wbaltv.com. >> here is a lo

jane king has the bloomberg business report. >> good morning. if you're hesitant to use a turbo tax, the maker of the program now has a free live help available by phone or online chat. that is an effort to grab more business. avon is planning to restructure its operations. an overhaul is needed to reverse two years of profit declines. quarterly results will be reported in a few hours. investors yesterday showing love for stocks. the bloomberg maryland index rose. look at shares of apple. the stock rallied above the $500 level. the stock could go as high as $600. more rumors about a new ipad that runs on 4g wireless networks. apple appears to be planning a launch in early march. i'm jane king for wbal-tv 11 news. >> 6;20. 35 degrees 35-- 6:20. you may want to avoid the key bridge -- 35 degrees on tv hill. >> a shake-up for the terps offense after danny o'brien announced he will leave. >> don't forget to e-mail us your response to our water cooler question of the day. tell us what your special plans are for valentine's day. you can share your res

i'm jane king reporting for wbal-tv 11 news. back to you. >> i like orange juice.cana orange juice going for more watered-down taste. >> not a good marketing strategy. this is a change not many people will be happy about. they want to water the juice down. i will tell you why in the next hour. >> see you next hour. >> 5:22. 41 degrees on tv hill. how whitney houston's family plans to lay the icon to rest. >> don't forget to e-mail us your response to our water cooler question of the day. do you think coaches have the right to ban players from using social media sites like facebook and twitter? how about making them shave their moustaches? wbaltv.com and on our facebook page, or send us an e-mail to watercooler@wbaltv.com. >> the will be a private funeral for whitney houston. >> we have reaction from fans. >> whitney houston's fairmount declined the offer to hold a huge funeral in favor of a more intimate gathering. >> this is their private time. they have shared her with the city, the state, with the world. this is their time for their affair wfarewell. >> but some

for those stories, let's join jane king in the bloomberg business report this morning. >> employment among younger americans near a 64-year low. president obama may have problems with that group that voted for him. just 54% of that demographic held a job at the end of last year. futures indicating a slightly positive start. we'll hear from ben bernanke as he delivers his semiannual testimony. that is one thing we will be watching today. the dow closed above 13,000 mark. we have some strong numbers on consumer confidence. a setback for lockheed martin. payments of about $1 million a month will be withheld from their aeronautics division. this puts pressure on them to correct deficiencies and accounting. the money will be paid once the deficiencies are fixed. we have for about apple's ipad 3. apple will be holding a product unveiling in san francisco on march 7. features a picture of a ipad screen and it will have late faster processor. we will have to wait and see. i'm jane king reporting for wbal-tv 11 news. >> the owner of the holiday inn chain is launching a new brand that is desig

jane king has the bloomberg business report. >> good morning. bank of america going on strike for the way fannie mae is treating it. they're halting their sale of new home loans to fannie mae because fannie mae has been labeling them as a faulty and sending them back. some improvement in the maryland jobs picture. falling to about 6100. initial claims also fallen in d.c. and virginia. better than expected report on weekly jobless claims. the bloomberg maryland index was hired. q. how some people did not like all the calories in soda in but they cannot stand the diet drinks. pepsi has a compromise. six guest calorie pepsi next. if you hope to see the new game games," you may want to hurry up. this is about teenagers forced to fight to the death on live tv. i'm jane king for wbal-tv 11 news. >> this week she has joined the circus and learn how to train the dolphins. >> ava marie to try to take a dip in a pool -- decided to take a dip in a poll. ol. >> our first task was to feed a bat. in almost resembled a puppy. batsr lunch, we let the th out to

i'm jane king. >> are you ok, carlotta? 40 degrees on tv hill. >> serra called la the latest on the accidents and delays that could slow down your morning commute -- sarah will have the latest. >> the terps will play down at chapel hill. and usual opening night in the nfl. >> here is a look at last night's winning maryland lottery numbers. hi. i was on carmax dot com and i think i found the one. great car. and i think, it's right over there... (sighes)... finding your perfect car is easy at carmax because we carry only the highest quality used vehicles. and at carmax dot com, you can choose from nearly 30 thousand cars with most available for transfer to the store nearest you. so come find the one for you today... at carmax. busy day! yes it is! >> now traffic pulse 11 and insta-weather plus together. >> a few problems this morning. on the west side, that problem is backing up ptraffic from liberty. speeds on average around 12 miles per hour. northbound 97, you may start to see some delays. 22 minutes to get you to the west

jane king has the bloomberg business report. >> good morning. the ipa another sign that the ipad 3 may be coming soon. best buy now offering $50 off ipad 2 models. that is a rare move. online shopping expected to grow stronger. we spent more than $200 billion online last year and are expected to shell out $325 billion. jitters in europe after a meeting in mexico said no to more imf bailout funds for europe. germany voting on greece's belau lout today. ihop giving out a free stack of pancakes. they ask you to leave a donation for the chai children's miracle network. i'm jane king for wbal-tv 11 news. >> thank you. 6:21. 34 degrees on tv hill. the nba shows off its all stars. >> here is a look at last night's winning maryland lottery numbers. hope you have them. >> now traffic pulse 11 and insta-weather plus together. >> good morning. sarah caldwell checking on your morning commute. we start on northbound 29. word of an accident taking up two right lanes in that area. you may start to see some delays northbound on 29. 54 miles per hour on the west

. >> jane king joins us live if -- on the latest. >>> some calling it the most anticipated initial public morgan stanley to be unwriters and expected to file paperwork today. -- with the underwriters and expect to file paperwork today. hedge fund manager thinks facebook is overhyped. >> this is a very overpriced company facebook at 100 billion dollars would be 25 times revenues. that doesn't happen linkedin was 11 times revenues, even google was only 15 times revenues. i don't understand people who are rushing to buy in at 25 times, it seems like it is destined for tears ahead. >> reporter: though no question facebook is one of the biggest ipo's of the year. headlines on twitter research firm says microblogging service going to triple by 2014. we have a higher open this morning optimism about jobs, chrysler out with a nice turn-around profit first yearly since 1997 big jump in january sales. the bloomberg silicon valley intext up half percent. live at the new york stock exchange, i'm jane king. -- >>> the city of berkeley leading another socially-minded charge. the count still voted last

. >> jane king joins us live with that story and more. good morning jane. >>> good morning.s they are still sitting at four year lows some concern about europe's economy because german business confidence is higher. sears shares are surging selling 11 store sites and separating outlet business and smaller format business. part of an effort to raise cash after reporting its largest quarterly loss in almost a decade. markets looking a little on the defensive. dow down 50 points low, s&p and nasdaq in the single digits. bloomberg index lower 3/4 of a percent. more pain in commuter manufacturing business, hewlett-packard sales plunging 15%, consumers held on buying new months or switched to apple and others. could be a great time to buy a car consumers are getting lowest interests rates in four years and fewer customers fall behind on payments which makes more investors willing to invest in the loans driving interest rates down. [ unintelligible ] live at the new york stock exchange, i'm jane king. >>> let's bring meteorologist mike nicco in to talk about warm temperatures alrea

. >> jane king joins us live in the new york stock exchange with on that. welcome back, hi jane! have approved a second bailout for greece this package is huge, investors are not very impressed. the deal was very well ed ahead of time we knew this was going -- well telegraphed ahead of time. we knew this was going to happen friday the reaction may be baked in the cable. there's concern the massive debt restructuring won't be enough to save greece from default they have that big payment they have to make in march. the question is what happens after that we have gains, the dow is up 24 points. s&p and nasdaq in the green. we are taking an aim at 13,000 but have not made it at that level yet. you know this mild wind ter across much of u.s. is having a very positive -- positive impact on home depot biggest quarterly sales gain since 2004 shares up 2%. great prices at wal-mart pinching profits, retailer out with weaker than expected profit as they kept prices low to for -- extra pocket change for millions of iphone 4 users. apple started offering free phone cases if you opt-out you ca

. >> here's jane king with the bloomberg business report. >>> good morning.se trying to collect a debt make sure it is legit before you offer to pay up. fake companies have been using workers in india to harass and trick people in the u.s. into paying millions they didn't owe if you are trying to lose weight you might be able to get help from your employer. weight watchers signed on american express and the new york stock exchange and corporate customers make up 12% of its north american meeting attendance more than a third of americans are considered obese. candy bar fundraisers and weekly bake sales may be a thing of the past after a big fight with the food industry over meals. federal regulators are considering new standards the rules maybe in the -- at the new york stock exchange i'm jane king with the bloomberg business report. >>> california's community colleges say they will have to drop more classes lay-off more staff and possibly drop summer school. the 149 million dollar deficit is relate today to a big drop in fees collected from students as well a

. >> jane king at the new york stock exchange with that.e. >> yeah, really interesting general electric may be smelling a problem as people debate whether to stick with the top-loading washers or move toward the energy and water-saving front loaders law sought about moldy problems with the front loaders general electric sued claiming a design defect is making their clothes stink. it claims ge hid the need to run extra cycles of hot water with bleach to hide the smell and hid the cost for that additional work. we have a per than expected weekly jobs report. 367,000 people filing first time unemployment benefits, the number has been slowing, steadily improving in recent months. still worries over europe's debt problems. investors on the fence with little movement. bloomberg index is up a 10th of a percent. you know a facebook stock offering would make instant millionaires at many in the company this guy david cho decided to take stock instead of cash for painting the walls with graffiti at the company's first headquarters. his shares are expe

. >> bloomberg reporter jane king joins us live from the new york stock exchange.n-the-jobs' front? >> yeah, the jobs news continues to steadily get better that in a second, foreclosures something we've been watching carefully, filings nationwide down almost 20% in january compared to a year ago. 3% pick-up in foreclosure activity come paired to december. in california the total number of -- foreclosure findings fell from more than 67,000 in january a year ago to 52,000 last month. stronger than expected housing starts last month. coming -- thaw coming -- [ unintelligible ] general motors out with its largest annual profit in its 103 year history, a couple of years after the government bailed out the company. problems in europe hurting profits. here's how we look, dow is up about 334 points better -- about 33 points, weekly jobless claims continues to fall. bloomberg index is down 4/of a percent. i'm jane king, bloomberg news. >>> still waiting for that jeremy lin jersey you promised. >> you realize there is no cure for lin-sanity, you get it and keep it and it con

. >> jane king is live at the new york stock exchange with more on that.g down this morning with >> yeah, they are. more worries about greece we'll talk about that in a second. google in the process of testing a wireless entertainment device that will reline lion home internet systems. -- that will rely on home internet systems. google makes a big push into consumer electronics. it is getting to be familiar people lining up for the next apple product it may happen again soon apple unveiling the ipad 3 the first week in march. expected to look similar to the ipad 2 but faster chip and improved graphics apple shares new record high yesterday market cap measured by total value of is shares now worth more than google and microsoft combined. so far this morning they are up despite the market being down almost $500. another delay in greece getting a rescue package making some skittish here they have a big payment they have to make in march. the markets are on the defensive today. bloomberg index is trading down also. live at the new york stock exchange i'm jane

. >> jane king joins us live from the new york stock exchange. >> good morning.et $35,000 from the bank for doing so? those are among the incentives as they encourage the struggling homeowners to unload their property for less than what they owe. banks will take less of a loss in a short sale rather than foreclosure and avoid the legal problems all of this as we wait to hear more on a settlement between states and the biggest lenders over alleged faulty foreclosure practices. california is one of nine states refusing to sign on to that multi-billion dollar deal for now. in a few minutes ben bernanke will start testifying on the outlook. the markets light volume this was the case yesterday and today. dow down 45 points. bloomberg index trading a slight bit lower. i'm jane king. >>> 6:50. >>> tahoe ski resorts say they are getting a bum rap and ski conditions are better than people think. the resorts are churning out a lot of manmade snow they said last month's storm increased the snow base. a few skiers say they like the less crowded conditions. many resources won

i'm jane king, bloomberg news. >>> new study turns a belief on its head that poor people are less it drivers off, pocket extra change and take candy from driver -- from children. the rich have financial resources so are less dependent on social bonds for survival therefore guided by self-interests and worry less about breaking the rules. what do you guys think? >> i think you take candy from a baby you have to worry about the parents' response. >> you are not a nice person if you do that >> it is very interesting. you can look at the flip side certain personality traits could lead to someone -- to someone acquiring more money. >> the rain is coming and it going to bring much needed free water to all of us and snow in the mountains. we may get snow atop of our highest peaks possibly had 3500 feet by some scattered showers that are going to come through after the initial line of rain. beautiful picture from mount tamalpais this morning, some of the breezes mainly higher elevations now most of us are around 12 miles per hour or slower in the lower elevations. temperatures above freezing

. >> jane king joining us to tell us more. >>> good morning.ment, lots of hoopla surgeoning that last week. as stays try to figure out now spend their share of the -- as states try figure out how to spend their share, california is supposed to get 12 billion the information is supposed to be posted on national foreclosure settlement.com you go to that website no deal posted it just says coming soon. the justice department says the terms will not be made public until the deal is submitted to a court. north carolina's ag says once the documents are finalized they will be posted to that web greece big scene markets moving depending on what is going on in greece. politicians there approved a budget cutbackpack damage could pave the way for another big bail pout for that country. dow right now, up 52, we've we are still in the green. bloomberg index up 1%. apple suppliers in china the once-over by the fair labor association. starting today a team of labor rights period of times are in china doing voluntary audits at suppliers to apple all this accor

i'm jane king. >> there's a hint for you.than two hours from now president obama will unveil a new jobs program for the nation's veterans. the proposal would spend a billion dollars in grants to put 20,000 veterans to work. largely with companies which are rebilling the nation's roads, levees and trails on public land. the president will call on congress to provide more grant money for programs that allow local communities to hire more police officers and firefighters. >> congressional republicans have said they will any calls for new spending. >>> speaking of federal money oakland and san francisco could be forced to return some stimulus funds they received towoodize homes. california received 186 million dollars to help homeowners install new windows, ceiling fans and other improvements. a state at this time -- a state audit shows the cities may have to give back more than six million dollars pause of slow progress. city officials say one of the problems is they decided to focus on apartments and multi-family homes. >>> mik

. >> jane king has that and why retailers are seeing a bright future in neon in our bloomberg businessay be the new black nordstrom and others unveiling bright neon clothes, handbags and shoes an effort to break black's 30-year-old on the industry. -- hold on the industry. latin american cultures starting to influence u.s. tastes. another lap around the block for negotiators in that massive mortgage settlement. states are being given three more days to sign on to a proposed settlement with the big banks, connecticut and oregon among the states agreeing to sign on to the potential 25 billion dollar deal. national retail federation says consumers will spend almost 9% more on valentines this year than last with men ready to spend more than women. at the new york stock exchange, i'm jane king with the bloomberg business report. >>> 5:55. >> new video of a rescue at a ski resort in wisconsin. a little boy was dangling from a ski lift 25 feet off the ground. a group formed under the boy then a man on the lift held him and then let go >> i was 100 yards away. i could hear them saying okay we

i'm jane king. >>> things may be looking up for california's battered economy.tandard & poor's has bumped the state's credit rating up a notch. forecast to be released today saying the state is poised to add nearly half a million new jobs over the next two years. >>> this morning the white house is expected to announce a new program aimed at helping military spouses find jobs. the spouses of service members can find it difficult to find employment because they move around so much. teachers, child care workers and nurses are particularly affected because they require state licenses to perform their jobs and those licenses don't cross state lines. the new program will streamline occupational licensing. more than a third of all military spouses in the labor force are affected. >>> just ahead, new regulations on medical marijuana distributors go up in smoke in the bay area's biggest city. >>> wrong turn that brought a valentine dinner to a crashing halt. >> reporter: still no suspects in the vandalism attack in richmond over the weekend. next, find out what police a

here's jane king. >>> good morning.lso pill in years closer to getting approved a panel has ruled it outweighs risks appetite suppressant combined with anti-seizure and migraine drugs the fda looking at side effects. you may see a do not track button and web browsers, google has agreed to support that on other consumer privacy initiatives. white house calling on congress to pass a consumer internet bill of rights. in europe and asia, weighing on stocks yesterday, today we did get a report on weekly jobless claims. jeremy lin on the offensive over lin-sanity putting in for his own patent on the word. his lawyer says they are prepared to enforce his rights and possibly put the name on bags, cups, toys and beverages. i'm jane king with the bloomberg business report. >>> apple holds its annual share holder's meeting later this morning the first since the death of co-founder steve jobs. it comes when apple's stock is riding high, share prices broke the $500 barrier this month it comes when there's increased public awareness

. >> here's jane king with the bloomberg business report. >>> get ready for a big wave of for closuressive mortgage settlement between banks and state announced yesterday is going to trigger a jump in for closures because banks will unleash inventory on the market after holding back because of legal problems. we when you think wireless entertainment device you probably don't think google. filing indicates google is developing an entertain date device that will hughes home networks. -- that will use home networks. guys don't get your hopes up for valentine's day women plan to spend 14% less this valentine's day. men plan to spend 6% more. the biggest spenders this year will be in the midwest. from the new york stock exchange i'm jane king. >>> the marine corps is again doing damage control after a photograph surfaced of a sniper team posing in front of a flag with the logo resembling a nazi symbol i with was taken in 2010 while the camp pendleton marines were stationed in afghanistan they used the letters ss to rep the words scout snooper the name of their team. >> commander through his

at the new york stock exchange, i'm jane king with the bloomberg business report. >>> 5:57., a super sized sorry after a super bowl oops. >>> obscene gesture that has nbc and the nfl apologizing this morning. >> reporter: need something to do today? occupy oakland protesters have big plans for today and hoping people will join them. i'm tell what they have on their agenda, next. -- i'll tell what they have on their agenda, up next. çkçkçkçkçk

. >> here's jane king. >>> good morning. wal-mart trimming the fat.sugar and sodium in some of is great value brands. it lance to start marketing those items -- it plans to start marketing those items address civil in april trying to win over more middle class consumers and in chait itself with city officials. -- ingratiate itself with officials. >>> walgreens will start a -- >>> so close yet so far some states still holding out on a nationwide foreclosure settlement. iowa's attorney general says more than 40 states have agreed. at the new york stock exchange i'm jane king. >>> former contra costa police commander facing corruption charges won't be telling his story to dr. phil after all. a judge has blocked his upcoming trip to los angeles to appear on the dr. phil show. a lower court judge approved the trip last week. prosecutors argued that welsh might flee. the former commander of contra costa county's narcotic enforcement team is accused of stealing dugs from the program and selling them. he was expected to urge officers unstress to get the help

live at the new york stock exchange i'm jane king. >>> traders have special access to getting a jerseybly arrange that i'll have to ask around. >> you do that. >> you see the excitement on jane, huge nba fan she has been following this jeremy lin thing the whole time. >> for about three days. >> bay area fans go a ways back. thank you. >>> it is a little linsane on the bridges. >> and that apple stock also. both going up fast. winds are up not as fast as they were monday. 6:50. you will notice from time to time not nearly as pushy as they were wednesday. we'll have northwest winds around 10 to 20 most of the afternoon they chase the storms away, beautiful sunrise as we look back towards mount diablo if mount sutro. showers develop in napa, mill valley. ben lomond another 10th of an inch. we are in the mid to upper 30s in santa rosa, napa, low to mid 40s for rest of us, low to mid 40s monterey bay and inland. mostly sunny, breezy, calmer and warmer the next two afternoons, calmer and colder the next couple of nights maybe frost inland valleys chance of rain sunday into monday holding tr

. >> here's jane king. >>> more gate rates sitting near record lows good luck trying to take advantages automated answering system is asking people who call during high volume times if they would like to be contacted again in 60 to 90 days after president obama encouraged people to refinance under a government program to help struggling homeowners. student loan debt could be the next debt bomb half of bankruptcy attorneys say the number of potential client with student loan debt is significantly increasing almost a trillion in education loans. move over starbucks how about inhaling your caffeine in a powder form from a lipstick-sized tube? now on sale in new york and boston for three bucks a pop, 100 milligrams of caffeine the same as a large couple of coffee. senator schumer calls it a club dug and says it may be dangerous for teens. at the new york stock exchange -- i'm jane king with the bloomberg business report. >>> university california berkeley spending $1300 to make sure its good name is not associated with the pornography industry joining universities across the country buying