pearson sold. this year. after the break, we talk acquisitions, strategy, and leadership. johne can find acquisitions that create quick and immediate value to shareholders, and long-term sustainable opportunities as well, we will take them. francine: more from the ceo of pearson, john fallon, when we return. ♪ ♪ francine: welcome back to "leaders with lacqua." publishing group pearson will gain nearly a billion pounds from the sale of the "ft" and "the economist." but what will it do with the money? john: if we can find acquisitions that create quick and immediate value to shareholders and long-term, sustainable opportunities as well, we will take them. but we do not need to hurry, we do not need to rush, and we will do that in ways in the context of returning capital to shareholders. francine: do you worry about currency movements? john: we look at, obviously -- we judge things at constant exchange rates. we are a u.k.-listed company. so clearly, probably the most important exchange rate that our shareholders look at is the pound-dollar exchange rate. i think, over the cycle,

his travels up and down the coast brought him in contact with john pearson in baltimore to engage him to work up with the prototypes with the earliest of the colts. be ready lucrative in large numbers. time, he was competing against the well-established pistols of the united states army. this was the model of 1836. this was adopted body armor from these troops. in big leather holsters. issuing two per soldier. in sammy's mind, if he could with six multi-firearm shots, once he could perfect that, he could make these obsolete. upn pearson worked three-dimensional prototypes based on his watercolor drawings. prototypes they have actual examples and working models of handguns and up the long arms as well. he was able to convince relatives who are wealthy and connected in paterson, new jersey to build him a four story granite factory. he started from scratch. he had never been involved in making them in any kind of quantity. country -- the company was research and design and as a salesman for his product he was a great sales promoter. his frustration was he did not have the financial contr

john pearson worked up three-dimensional prototypes based on his watercolor drawings.a handful of his prototypes they have actual examples and working models of handguns and up the long arms as well. he was able to convince relatives who are wealthy and connected in paterson, new jersey to build him a four story granite factory. he started from scratch. he had never been involved in making them in any kind of quantity. his role in the country -- company was research and design and as a salesman for his product he was a great sales promoter. his frustration was he did not have the financial control that he needed and he believed he was being nickeled and diamond by his relatives. by hiseled and diamondimed relatives. looking at the case sets you can see how complicated the deal all these other accessories required to load a paterson pistol and the concept of the pattersons was you had to take them apart to load it. another problem was in the design. this was the recoil shield. this is just held to the frame of these two screws. they would crack and sheer. a lot of the f

john. pearson in volusia county is 37. 60 by noon, keep climbing into the mid-60' s that both spots. county by county in just a few minutes. right now it is 6:11. >> you can see downtown orlando, the mills offramp on the right side. no delays so far. the conway toll plaza area to i-94 is where we see most congestion. two hours around i-4 has cleared. i four was found on the left side of the screen getting out of all tomorrow -- all tomorrow ultima no problem. >> warning about something that may be in your medicine cabinet. >> the warning for certain types of children' s cough syrup. >> and what happens when one school give kids four breaks per day. california,or michelle: two people are in custody after a chase last night. it is not yet clear why they were fake -- chasing the car. jason: police want to find a suspected robber who took off after his partner was caught. jason: iran says it has freed 10 u.s. sailors after an apology from officials. they were held after a broken navigation system led t

john's, pearson and de leon springs. 66, 67. lots of channel 9 eyewitness news the forecast and breezy. tonight, we will get chilly , 45 coming up in main weather, we will look at the weekend temperatures and time out the next front 6:11 am. >>> we had a crash pop up in lake county and leesburg. state road for 4 at when he wrote it does not look like it is blocking too much of state road 44 but make sure you move over for the troopers balcom road and deerfield boulevard and hunter's creek area, this looks like it is blocking one lane but troopers are still through. slowdown. jamick? committee in jeopardy a dangerous chemical found in the water and why people living nearby are not surprised by the findings. >> the serious allegations aimed at the orange county sheriff's office over traffic >>> it scared all of us. i'm nancy alvarez 615 name. looking at temperatures across central florida as you wake up this morning on a friday and looking had to what will be a beautiful weekend we will let you know what to expect we will have a f

there you go, betty, john fallon, chief executive of pearson. betty: in the meantime we are holding on to our gains here in stocks. we are coming off a little bit from our high of the session, still up over 130 points, 140 points now on the dow. despite that buildup in inventory, oil inventories, crude oil prices are also keeping to their highs of the session. mark? mark: coming up on the european close, petty, stocks close in matter ever minutes. stay with us. betty: welcome back to bloomberg markets i'm betty liu with mark barton. the markets are just finishing the day in europe powered by mario draghi. mark: like powdered by cure cell. the stocks up 600. could be the biggest rise since december. what a change since wednesday when the stock 600 had the biggest fall since august 24. lowest close in 15 months. it wasn't a straight line. we'll talk about draghi in a second. post-draghi rose by 2.5%. came down rising towards the finish. at the start we do down by about a fifth of one percent. the big gainer in europe today, it looks like it could

a pop the drop to 36, oviedo 45, hunters creek area, 44, pearson 38, st. john 44, paul bay, 43. a little bit of a breeze, and a little bit of cloud cover keeping our temperatures from dropping too much. it is still a chilly start. 58 by noon, lower 60' s later today. i will take you around county by county coming up in a few minutes, ted. see here live on our d.o.t. camera, this is involving a semi-. at the moment, no delays, despite the fact that this accident is there right now. meanwhile, we have roadwork blocking i-95 southbound' s offramp, you have do state road 44 instead year die 40' s -- instead year at eastbound, if you left right now, it will only hey, guys, it's annie. you know, as moms, we are always looking for new ways to save money. pwell today, i'm going to share with you pa simple tip that could help you stretch your budget when it comes to your grocery shopping. not bad. pit's easy: bogos from other stores aren't always the best deal, pbut walmart every day low prices, pwell, that could save you some money. orlando, the total amount saved at walmart vs winn dix

we will not have a cloud cover to keep us in the 40' s cured 45 oviedo, 43 in lake mary, pearson at 39. st. john is 43. 55 by noon, upper 50' s for the highs. i will take you around county by county, and we will talk about when the 70' s return. we will also look at the freeze warnings in effect for tonight coming up in a few minutes. time for traffic now. here is ted. ted: all right, amy, 6:10 , five expressway, right side, going through the toll plaza, of course keeping an eye on this because we tend to see delays in the morning. not right now. it is looking pretty good. weston on the left side of the screen, the 408 and downtown orlando before the i-4 ramp, that is looking good. the 408 westbound is looking good near the conway toll plaza. downtown orlando, westbound on the right, nice, smooth ride. jason: new details in the search for a missing man in maitland. michelle: why his friends believe he might be in danger. jason: plus, remembering a legend. >> you are watching wesh 2. jason: good tuesday morning. right now, one man is recovering after he was shot by two orlando police officers las

it is now 38 in pearson. 44 in flagler beach and port st. john' s. temperatures today, we will slowly climb but we will only make it to the lower 60' s. i will take you county by county coming up. ted: we have a new virtual downtown orlando here. i-4 eastbound on the right side of the screen. that little sliver is 50 colonial drive. it is nice getting to downtown orlando. john young to colonial is only five minutes. right now, we are looking at westbound i-4 colonial drive. no i-4 ultimate there. we still have an area of princeton street taking down a lane. remember, you can take traffic on the go with the west to mobile app. jason: lawmakers are getting back to work in tallahassee. michelle: some of the key issues jason: we will hear exclusively a gator attack about jason: it is 5:44. 42 degrees in orlando. you can see the fairbanks on the right side of your screen. we will check in with ted noah to get an update on your commute. you will want to crank up the heat in your car because of those cold temperatures. amy sweezey is back with your first al

orange and osceola counties. 44 in winter park. 42 degrees in kenansville. 39 in pearson. 43 import orange. 46 and port st. john. inland brevard is in the 40' s as well. as you plan your day, there will be lots of sunshine. do not forget the sunglasses. a lot of kids are off from school, we will only be in the upper 50' s by noon. lower 60' s is where we are headed for our highs. time for traffic now. here is ted. ted: we have a live look here from the chopper. they are flying into seminole county. but at the westbound flow, it is looking pretty good. things are looking good from the sky. i for in volusia county, we have reports of an accident around mile marker 126. also in goldenrod, we have a crash in that area. consider using semoran as an alternate. you can see i four at the 408 interchange, traffic is moving nicely. brett: ted thank you. today, -- michelle: the conflicting reports of what happened that now has investigators scratching their heads. brett: the days of listening to brett: right now. two crooks are on the run after police say he broke into the wrong home. they broke into a house on midnight.

pearson, comcast. temperatures -- palm coast. s. complementry of the clouds and rain. 66 port st. john , 64 in melbourne beach with the rain coming down. overnight lows with areas of fog, upper 50' s, low 60' s north and west, upper 60' s south and east. we are watching the fog north and west. let me show you futurecast, you can see the heavier rain down south. at 7:00 things taper down. in the late evening hours, we watch this redevelop. the michaud you what it looks like a 7:00 in the morning. it looks a little under done, and then comes the cold front. not as heavy as what we saw earlier today, but the heaviest of the rainfall through tomorrow night is falling through kissimmee down to winter haven, inches of rain. forecast highs looking like this, upper 60' s north, low 60' s the villages on south and east. on friday, saturday, and sunday, we have high-pressure. this is weather with timing. outdoor plans looking absolutely fantastic, sunny skies, low humidity on saturday. a cold start a gorgeous finish in the low and mid 70' s to read sunday, with the southeasterly flow, we will be

workforce.british-based pearson announced today it is cutting four-thousand positions as part of a massive restructuring plan.the company isn't saying whether any positions are being eliminated in iowa. in iowa city, john's grocery is once again back up and running, better than ever.the newly refurbished store held a ribbon cutting to celebrate it's grand re-opening today. the store's revamp marks the first time the store has been touched up in its six-decade history. in cedar rapids, the salvation army is still looking for your help to meet its 790-thousand red kettle campaign goal.managers with the army tell cbs 2 news, they are very thankful for all the help so far, but need a little over 21-thousand dollars to reach that funding goal.the campaign covers about 47-percent of the organization's annual operating budget.donations made through january 31st will being honored for helping her family to safety during a recent apartment complex fire. on january 9th azure apartments caught fire when someone in a nearby unit left a stove on. the fire chief tells cbs 2 news, she remembered what she learned in school .today she was honored by firefighters and the city - congrats chloe! that is cbs 2 news ten at te

john. back to you. >> we'll definitely be watching for that. thanks. >>> winter storm jonas hitting the east coast today. washington is right in the eye of what's expected to be a record breaking blizzard. our hampton pearsons at reagan national airport where the cancellations have already started. hey, hampton. another nearly 2700 flights already announced as canceled for tomorrow. that in flight aware.com, which also is famous for what it calls misery map, which keeps tabs on activities at the major hubs all across the country. again, not much activity going on at all. at the charlotte hub coming north, of course, along the atlantic seaboard, we are here at reagan national airport where overall the activity is much less than a normal day. it feels more like a saturday. most of the people here are getting on planes and expect to get out of here ahead of the storm. everybody has a story to tell. >> supposed to fly out saturday, but dulles has come to a halt. second chance was to fly into charlotte. charlotte got canceled, so now flying out of st. louis from dulles. now they moved us up here to reagan. >> i got here extra early today. i really thought it would be a lot busier with everyone trying to get out

pearson and jesse stout. i also am interested in supporting michael noland and michele aldrich, kelton finey left a profound impression on me, johnballesteros. daisy ozim, laura thomas, terrance alan and eliot beckelman, i thought also nailed it from a legal perspective. and i believe that he demonstrated his commitment to labor in his work track record. so i have flexibility if you would like to assign daisy ozim -- i think you said seat no. 22. >> 22. >> 22. i can support that. and i believe you suggested lar laura thomas for seat 18. >> and terrance alan for 19. >> yes, john ballesteros. >> or 15. >> correct. >> i believe we don't have agreement for seat 13, kelton finey is who i would be interested in sitting in the seat. >> right. i have mr. -- 13 and 14 are business seats. i had mr. rhoades for either one of those seats. i could also support karnilo wic z and even consider hua. >> which seat is this? >> 13 and 14. kelton finey -- >> i believe supervisor wiener is going to be weighing in on this, not now, mr. wiener. >> as along as i get to weigh-in before the two of you make your decisions. >> thank you. >> as a potential t