for "nightly business report," i'm jon fortt in new york. >>> yahoo!iscloses a new breach late today. the company said it identified a hack separate from the one it disclosed back in september. and this one affects a lot of users. yahoo! believes that in 2013, data associated with more than 1 billion user accounts was stolen. the stolen information may have included names, e-mail addresses, phone numbers, dates of birth. so called hashed passwords and in some cases, unencrypted security questions and answers. shares fell initially on the news in after-hours trading. verizon, which agreed to pay nearly $5 billion for yahoo!'s core assets, says it is now going to review the impact of this new breach. >>> and still ahead, tough talk. why china may be taking aim at some very well-known american brands. ♪ >>> general motors has asked the supreme court to reverse a ruling related to its defective ignition switches. a lower court decided the automaker's 2009 bankruptcy does not shield it from lawsuits over those faulty switches. the court said gm violated con

see the financials of their vendors before opening up their wallets. >> now, i know that my friend jon forttisagrees strongly with my call on google's cloud efforts. jon, sticking with that call, i think 2017 is diane green's year. i think she's going to sign more marquee clients. our colleague ari levy reporting google is in our lead position to get paypal's business, more deals with intel, diane, don't let me down. back to you. >> a bold prediction, josh lipton. i would expect no less. thank you. still to come, art cashin on the hunt for dow 20,000. and then howe donald trump backing up his tough talk on china, how he's doing that with a new hire. details and possible fallout are coming up. we'll be right back. hey gary, what are you doing? oh hey john, i'm connecting our brains so we can share our amazing trading knowledge. that's a great idea, but why don't you just go to thinkorswim's chat rooms where you can share strategies, ideas, even actual trades with market professionals and thousands of other traders? i know. your brain told my brain before you told my face. mmm, blueberry? tap

jon fortt, back to you. >> sounds like good news to me.nk you, rick santelli. >>> coming up, in the past, some doctors made house calls. today, some make face time calls. how one company is revolution e revolutionizing telemedicine. did you know slow internet can actually hold your business back? say goodbye to slow downloads, slow backups, slow everything. comcast business offers blazing fast and reliable internet that's over 6 times faster than slow internet from the phone company. say hello to internet speeds up to 250 mbps. and add phone and tv for only $34.90 more a month. call today. comcast business. built for business. medical cases like -- also mental health issues. cnbc and head company comcast is a client. among 4,000 employer customers. dr. on demand's ceo joins us from san francisco. good morning. >> good morning. >> using your smartphone, similar to what people are doing c with skype or facetime or other types of calls, you can consult with a doctor. what are the limits to what you can do here? i mean, of course, you can't ge

cnbc's jon fortt is outside trump tower with more. watching all of the tech ceos go into the golden elevator. >> i don't know that we have seen a meeting quite like it, particularly in a setting like this. not the white house, but fifth avenue. in new york. now, none of the ceos coming out of the meeting spoke specifically about it. but we did just recently get a statement from jeff bezos. he said i found the meeting with the president-elect to be very productive. i shared the view the administration should make innovation one of its key pillars, which would create a huge number of jobs across the whole country in all sectors, not just tech. agriculture, infrastructure, manufacturing, everywhere. he used the word "huge," one of the president-elect's favorite words. now a readout i got from the meeting, someone familiar with what was discussed, said the mainly topics were jobs, immigration and china. the tone was friendly, they covered a lot of ground. this person also characterized it as productive. sub topics included security, educa

our jon fortt joins us with more. many different angles here from the social views to jobs and the economy. what will you be looking for? >> well, this is really just probably a level setting meeting. we expect to see, again, ibm, tim cook of apple, jeff bezos of amazon, larry page of google, sheryl sandberg of facebook and so many others, safra catz of oracle. we'll told steve mnuchin already made their way upstairs. the whole trump team gathering as you would expect. many of these leaders opposed the president-elect during the campaign season. but these of course are people who are pragmatists who know how to work with governments and administrations around the world who they might not have always agreed with. expect to see them looking for common ground talking about jobs and the economy. ibm speaking hours ago yesterday about a plan to add 25,000 jobs in the u.s. over the next several years. now, i'm told from ibm trying to get some clarity on that, that is new jobs. of course ibm will be making some cuts at the sa

i'm jon fortt in new york. >>> yahoo! has been hit by the biggest cyberattack in history calling into question the acquisition of its internet business by verizon. the company said over a billion accounts were affected in august of 2013. that is twice the number hit in i first ma its first major breach in 2014. after the wireless company learned of the original hack in october, verizon said it might withdraw from the $4.83 billion deal. >>> coming up on "street signs," it's our favorite italian plumber. he's been given a new lease on life. but will the release of the modern super mario bros game move anyonintendo shares? >>> go. welcome back to "street signs." looking at live pictures of the swiss national bank, where chairman thomas jordan is delivering comments after the central bank made no change to its policy. however jordan is making comments on the fed decision. he says the u.s. fed decision shows the u.s. economy is on track which is a good sign. he is also commenting on questions surrounding the ecb saying that t

. >> jon fortt, you go ahead. >> intel just walked in.e heard that jeff bezos has shown up already. stafford katz first entered around a quarter to 11 and is coming back. she's got other meetings here today as well. there are a couple of different entran entrances, people entering from the street, entering from one side, which you can see from our camera and people coming in by car. entering around the other side, going up the same set of elevators. as you said, the meeting expected to begin around 2:00. not sure how long it will take. but many of those executives filtering in now. and i had heard that there was a meeting of at least some of these executives and ceos ahead of this meeting. some sort of premeeting. can imagine not -- not every day that executives of this caliber from the tech industry are all gathered together in one place and seem to be taking advantage. at least some of them of the opportunity to get together and discuss something. not sure exactly what. clearly an important meeting, many people tried to support hillary

jon fortt with mike kantoly at post 9. kayla has the morning off. jop jo jon?cky number 13 for the markets. the blue chips marching towards 20,000. in case you were counting, 42 days till donald trump becomes president. will this trump bump lift all or hiding future risks? joining us are brian jacobson and here at post nine john stoltz, oppenheimer asset management's chief investment strategist. good friday morning. >> good morning, jon. >> if i'm not mistaken, john, your projection a year ago for where the s&p would be right now is right about where we are. what do you make of this trump rally? was it going to happen anyway or is it worse off than you had expect smd. >> our expectations had been that the s&p 500 would cross 2,300 in 2016. but we've certainly gotten help from the election of donald trump. there's nothing like projections of lower taxes, of reduction of regulation as well as prospects that we're going see some significant infrastructure spent to get the market moving, the discount mechanism that it is. >> brian, how does this factor into how you

cnbc's jon fortt just spoke with the ceo. john, what did he say? >> reporter: michelle, i got to him before the call. a couple of points. adobe has been up better than 12% for the year. i asked him about deal sizes headed into 2017. here is what he said. >> we're certainly seeing increased deal sizes with a number of customers, because they are standardizing on the adobe platform across many different industries. we were pleased with the performance that we saw on annual subscriber bookings that we're new to see in digital marking. >> reporter: i asked him about the overall environment post-election. a lot of people were worried about volatility. but the markets have been doing quite well. here is what he said about the microenvironment and policy effects on adobe heading into 2017. >> we continue to hope that, you know, looking at corporate tax rates, as well as continuing to ensure that r&d and innovation is incented within u.s. companies, we think if we have that kind of an environment, things will be really positive for us. >> reporter: more m&

with me at post 9, jon fortt and brian sullivan. welcome. ? thanks. >> great to have you.oining us as well, henry blodget. good morning to you as welp. >> great to be here. >> our top story of course is january net yellin and the fed unanimously approving the first rate hike of the year, the second in the last year. this is the major averages cut early losses and continue to close in on dow 20,000. henry, not eve an rate hike can stall this rally, but the question is whether we're just borrowing from 2015 gains that the point. >> that is the question. i certainly hope things continue to go up. it's changing the mood, suddenly people are optimistic again, it's wonderful, but stepping back, the fed is raising rates. that is generally not good long term for stock prices. and as we've talked about a lot over the last few years, stocks are very expensive on a historical basis. the defense for that is rates are super low. now rates are going up. so the combination long term, actually, doesn't awe fwur well for the stock market. >> you know, true, you and i are so old hands at th

carl quintanilla nia with jon fortt and kayla tausche at post 9.ning us from henry blodgett and jason calacanis. good morning, guys. we've got breaking news this morning. we've got top executives from at&t and time warner testifying on capitol hill today before the senate judiciary antitrust committee. we're going to monitor that and definitely keep you up to speed. in the meantime, "time" magazine naming donald trump the 2016 person of the year. the president-elect appeared on the "today" show this morning, talked about everything from his upcoming cabinet picks to his relationship with business in the u.s. >> my trade policies are going to be terrific. and by the way, we're lowering taxes in this country. we're getting rid of 90%, maybe 85% of the regulations which are stifling business. boeing is going to be a tremendous beneficiary of that and maybe even mostly regulations. i mean, people are more happy about the regulations, even though we're massively cutting taxes for business. >> all morning long we've been talking to ceos on this show and

jon fortt, back to you and happy holidays, merry christmas, happy hanukkah. >> thanks, rick.ill to come, one company connecting retail investors with start-ups that are hungry for funding. the circle-up is next. did you know slow internet can actually hold your business back? say goodbye to slow downloads, slow backups, slow everything. comcast business offers blazing fast and reliable internet that's over 6 times faster than slow internet from the phone company. say hello to internet speeds up to 250 mbps. and add phone and tv for only $34.90 more a month. call today. comcast business. built for business. >> it allows users to invest directly into retail and consumer companies. investors can access ceos and founders as well as experienced investors in making their decisions. so far the company has raised over $300 million for their alumni companies. brian callbeck is the ceo of circle up and joins us now. good morning, ryan. >> good morning. tell me, first of all, how does this change in administration, president-elect trump getting ready to take over in january, affect the

jon fortt has the morning off. watching the markets closely, the u.s.mployee number, 178,000 new jobs in november. that's according to the labor department, almost in line with estimates. the unemployment rate ticks down to 4.6%, the lowest level in nine years. hourly average earnings falling 0.1%, the final number before the meeting this month. mike, we took your temperature on it. we talked to jan about essentially what he's calling full employment and whether and when wages catch up. >> that's right. basically it's the economy we thought we had, the labor market we thought we had coming in. the market maybe dodged a slight bull net the sense it cements the certainty about december and what the fed will do. to on the wage front, i feel like the market is not getting too concerned about that mostly because the mix is probably partially to blame. so in other words, a lot more younger workers, fewer older workers that might actually damp overall wage growth. the bond market getting a little bit of a bid on that wage news. it seems like that very extreme

discusses his book "the attention merchants" with cnbc jon fortt. >> host: cam, the attention merchants, you take is on quite a journey in this book, historical perspective going way back to the early days of newspapers. what inspired you to dive in this way and go so far back to track how our attention is getting captured? >> guest: i believe our presence is informed by history. it just came to me, writing this book are the reason for writing this book is i started noticing how much of our lives is driven by ad models. it used to be just the media, newspapers. all of a sudden google, facebook, all of the internet sites. i think i had this experience which may be other people have had as well where i increasingly found i would sit down at my computer and maybe try and write one email and then four hours would go by, like in the casino, called the casino effect. i thought our presence has gotten strange. this ad model where the idea to result your audience to other people as opposed to have them buy the product itself seemed to be counterintuitive. i started thinking like when did this r

jon fortt has the morning off.ur top story today, of course all eyes on donald trump's latest cab knelt nominations as the president-elect prepares for his first public address since securing the presidency in november. our eamon javers is outside trump tow we are the latest. hey, eamon. >> good morning, carl. we're waiting for some floousmt the trump motorcade excepting to leave this morning heading out to indiana to that carrier plant where he will announce a deal to keep about 1,000 jobs at that plant from moving to mexico. so we're awaiting that movement and we're also awaiting any new cabinet-level announcements. take a look at what we know so far of the trump cabinet. you see a lot of positions have been filled including steven mnuchin the likely treasury nominee. i spoke to him a few minutes ago and asked him if we can expect any other announcements today. he was playing very coy this morning, wouldn't say if we'd get more news this afternoon or not. waiting on the big two, state and defense. a lot of specka

we'll speak to our own jon fortt and bradley tusk.uawk box" begins right now. ♪ >>> live from the most powerful city in the world, new york, this is "squawk box." >> welcome back to "squawk box" here on cnbc. i'm joe kernen along with andrew ross sorkin and kayla tausche. we are less than 90 minutes from the opening bell on wall street. the futures up 34 points. they were up as much as 75 earlier. they moderated a little bit. take a look at the dollar. this is some deep stuff going on here in terms of the euro. 1.04 now. have we seen a 1.03 recently? i don't remember. people have talked about support levels at 1.05 or just beneath it being important. mark grant will probably write. what is that word when it starts dancing? that's from alice and wonderland some dance that goes on. it goes on when we get to a certain level where it's going to start doing this johnny depp dance. >> we were supposed to get parity by the end of the year. >> that's insane, though, isn't it? >> you going to dance for us? >> no. it was -- if you look it up. l

now, let's send it over to jon fortt with a look at what's coming up on "squawk alley," jon. >> kaylam apple, amazon, alphabet and more sitting down with the president-elect this week. we're going to look at strategy on both sides and cnbc's all-america survey shows a surge in online shopping. we're going to tell you who's really winning big. all that and more coming up on "squawk alley." sometimes when brushing my gums bleed. no big deal. but my hygienist said, it is a big deal. go pro with crest pro health gum protection. it helps prevent gum bleeding by targeting harmful bacteria on your gums. left untreated, these symptoms could lead to more serious problems including tooth loss. gum crisis averted. anything worth pursuing hard work and a plan. at baird, we approach your wealth management strategy the same way to create a financial plan built to last from generation to generation. we'll listen. we'll talk. we'll plan. baird. >>> boeing sealing a nearly $17 billion deal to sell 80 planes to iran, which for decades had been economically blacklisted by the united states. the company

. >>> let's send it over to jon fortt now with a look at what's coming up next on "squawk alley." >> good morning, sara. well, disney's got "rogue one" coming up, the "star wars" franchise extremely important not just to the movie business but also to parks. so what are the prospects? we'll dig into that. also, trivago's got an ipo coming up, travel space. and finally, doctor on demand, wouldn't it be nice if you could get checked out without actually having to leave home? technology is making that possible. we'll find out more coming up on "squawk alley." i am benedict arnold, the infamous traitor. and i know a thing or two about trading. so i trade with e*trade, where true traders trade on a trademarked trade platform that has all the... get off the computer traitor! i won't. (cannon sound) mobility is very important to me. that's why i use e*trade mobile. it's on all my mobile devices, so it suits my mobile lifestyle and it keeps my investments fully mobile... even when i'm on the move. sign up at etrade.com and get up to six hundred dollars. >>> sales of swiss watches have dec

now let's send it over to jon fortt give us a look at what's coming up on "squawk alley." rning, david. the back and forth between the president-elect and the steelworkers union continues. we're going to continue to dig in on what the issues there are. and j.d..com, big technology company in china, are they worried about a trade war? finally, we'll take a look at where the markets go from here as we head into president trump's first term. all that and more coming up on "squawk alley." >>> the companies were not stopping the flow of production and jobs south of the border and overseas. the president-elect calling them out for not keeping jobs in indiana. airstream known for its iconic silver trailers. joining us to discuss this issue is their ceo, bob wheeler. nice to see you. >> good morning. thanks for having me. >> i know that your manufacturing employees are a, in this country, b, nonunion, but what are your thoughts on this feud between the president-elect and the head of the united steelworkers union 1999? i saw that interview. it made me feel grateful our markets have

let's send it over to jon fortt for a look at what's coming up in "squawk alley." >> hey, sara.yahoo breach of a billion accounts, but there are some reasons you need to pay attention to the details in this. also, we're going to dig in on trump's big tech meeting yesterday. some details that are important in this, not just the conflicts but also the possibilities. all that and more coming up on "squawk alley." ♪ we're drowning in information. where, in all of this, is the stuff that matters? the stakes are so high, your finances, your future. how do you solve this? you don't. you partner with a firm that advises governments and the fortune 500, and, can deliver insight person to person, on what matters to you. morgan stanley. ♪ ♪ get up to $2500 customer cash on select 2016 and 2017 models for these terms. see your lexus dealer. >>> welcome back. let's get to cme group, rick santelli with "the santelli exchange." rick? >> i'd like to welcome peter boockvar, no stranger to cnbc viewers and listeners. thanks, peter. >> thanks for having me. >> all right. listen, if you were king,

. >>> let's send it over now to jon fortt with a look at what's coming up in the next hour on "squawk good morning, jon. >> good morning, sara. well, the tax tiff between apple and the eu with ireland in the middle has heated up again. we will take a look at what's new there. also, the internet of things needs to be secured. we're going to talk to a company that's looking to expand its presence to millions and millions of end points. all that and more coming up on "squawk alley." >>> the 20,000 mark for the dow is back in sight and markets are up today as we head into the final weeks of the trading year. joining us now to talk about these markets is mkm partners chief market technician, jonathan, good to see you this morning. thanks for coming on. so a couple of weeks ago it seems we started to talk about this rally as maybe getting a little stretched, overbought readings, we've kind of flattened out since then. i think the big question in a lot of people's minds is how we're positioned in stocks heading into this coming january relative to last year when we've actually had kind of a

we also have jon fortt here with us for the hour, riding shotgun.me. >> thank you. >> good to have you here. president-elect making waves today when it comes to russia. our nuclear weapons arsenal and the future of our air defense forces. both stories front and center this hour and being watched by the markets. eamon javers, morgan brennan. >> donald trump may be at his beach place down in florida, but certainly not shy about making news today and over the past 24 hours. let's start with this letter that donald trump released today, after this controversy over the past 24 hours about america's nuclear position in the world. donald trump releasing a letter from vladimir putin written last week, trump releasing it today. in the letter, vladimir putin says please accept my warmest christmas greetings. donald trump put that out with his own statement saying, quote, a very nice letter from vladimir putin, his thoughts are so correct. so what prompted all this? well, it began with donald trump's own tweet yesterday talking about america's nuclear capacity

. >>> let's send it to jon fortt with a look at what's coming up in the next hour on "squawk alley." ng, jon. >> good morning, sara. well, uber might have been sent packing from california with the self-driving cars, but arizona welcoming them with open arms. we're going to talk to the governor about that coming up. also, trade tariffs being proposed by the trump administration could hit retail pretty hard. we'll give you some details on that, and the ceo of circop going to talk about the democktization of angel investing. all that coming up on "squawk alley." you never want to see "$7.95." [ beep ] but you'll be glad to see it here. fidelity -- where smarter investors will always be. if only the signs were as obvious when you trade. fidelity's active trader pro can help you find smarter entry and exit points and can help protect your potential profits. fidelity -- where smarter investors will always be. >>> take a look at the health care sector up about half a point today. check out what's going on overall with the s&p 500. we have ten s&p 500 today. we have ten s&p 500 sectors micke

let's get to jon fortt, see what's coming up on "squawk alley" this morning, jon. >> good morning.ontinue to follow donald trump's plans for trade, how much can we trust these tweets? what more might be behind them? also, amazon's got plans for in-store shopping. some technology that could make the checkout process faster. and scott sperling of thomas lee partners is going to join us for insights on deals and the economy and more. all that coming up on "squawk alley." >>> moments ago we spoke with new york's fed president bill dudley. here's what he had to say about the markets. >> i don't think i would make a judgment about where the stock markets should be precisely. i guess i've been more concerned about where the bond market was when bond yields even a few weeks ago were extraordinarily low, relative to the likely path of monetary policy in the years ahead. i think the correction in the bond market would be more overdue. >> definitely made our ears perk up, along with mike, who's here at post nine. what's that mean? >> you know, i think dudley kind of declined a couple of oppor

meantime, we'll send it over to jon fortt with a look at what's coming up next on "squawk alley." >>kids play minecraft as well. we're going to continue to keep our eye on this media story, at&t and time warner looking to convince lawmakers to let that mergee go through, and there's more. it looks like youtube is getting ready, perhaps, to launch a digital, over-the-top tv experience. we'll dive into that new new this week. all that and more coming up on "squawk alley." >>> this morning on "squawk box," house speaker paul ryan talked about the president-elect. take a listen. >> he's a business guy. he's a transactional, negotiating, bully pulpit-using business guy who's becoming president. i don't think we should be surprised anymore that he's going to say surprising things for an incoming president. he's an unconventional person. he was an unconventional candidate who's becoming an unconventional president. but what i like about it is he wants to shake things up. he's ready to get going. he's not saying, let's just slow back and wait, which we get around here a lot. he's saying, let

we'll send it over to jon fortt with a look at what's coming up on "squawk alley" at the top of the hourike a flea-flicker, mike. yes. coming up on "squawk alley," new evidence that russia was, in fact, behind those political election season hacks. also uber slapped on self-driving cars in san francisco. we'll find out where they're going to go with several driving next. finally, billionaire carl icahn has a controversial role in the trump administration. we will dig in on that and find out what the controversy is coming up on "squawk alley." >>> as 2016 draws to a close, cnbc is looking at ways you can make money in the coming year. this hour we're going window shopping with retail. here's courtney reagan. >> retail was all about online shopping in 2016, and 2017 it may be all about leadership and policy changes. here are three predictions for the new year. longtime macy's, starbucks, and df ceos have announced they're retiring in early next year and they won't be alone. as the piece of change in retail accelerates, look for more longer-term ceo seats to change as well with a combinatio

jon fortt has the morning off.f course all eyes on donald trump's latest cab knelt nominations as the president-elect prepares for his first public address since securing the presidency in november. our eamon javers is outside trump tow we are the latest. hey, eamon.

discusses his book "the attention merchants" with cnbc jon fortt. >> host: cam, the attention merchants, you take is on quite a journey in this book, historical per