amos: the hare krishna movement prepares 820,000 lunches in kitchens like this every school day. they call it a gravity force kitchen. man: we have three-story silos on the top of this floor, one for lentils and two for rice. amos: rice and lentils come from silos on the roof and are washed on the top floor of the kitchen. this is also where the vegetables are prepared, spices are ground, and chilies and curry leaves are fried. then they're all poured down chutes into waiting cauldrons on the floor below. the food is cooked with steam generated by giant furnaces, and then it's ready to drop down to the next floor. man: when the sambar is ready, and from the processing area, food is going to the packing area through this chute and this turner. amos: finally, the containers of food are packed onto a fleet of custom-built vehicles, which deliver the meals to schools in and around bangalore. [speaking foreign language] amos: the logistics are so remarkable that mba students from harvard business school are using it as a case study of time management. madhu pandit das: i think there i

krishna: yes. david: thank you, priscilla, for being with us. krishna will stay with us.even minutes into the trading day. let's go to matt miller. screenreen across the after the big slump yesterday. the s&p adding 13. up 142.jones industrial gaining not as much. just about half as much as the major indices. the nasdaq up 4/10 of 1%. this illustrates that point. worsttocks the second gainer. because all industry groups are up. health care is the worst -- the smallest gain or. energy, utilities, financials are the biggest winners. it is about the price of crude. oil was down this morning and has turned back up. oil up 1.4%. it is still a gain as there is talk of saudi arabia having talks about the possibility of inking about a production cut. -- of thinking about a production cut. too not want to make it concrete. dupont, 3m,gamble, storiese cost cutting or price raising stories. dupont unchanged now, but beating as it shifts sales away from medical devices. i want to take a look at some carl icahn moves. a small stock that carl icahn has a big stake in, freeport- mcmoran

. >> going to the university of phoenix was the right choice to krishna, a navy veteran graduating with a degree in communications. she had a terrific experience, and worries the investigations and negative press might hurt her and others. she joins me from san diego. >> thank you for being with us. how do you square your own positive experience with university of phoenix, with the long list of allegations and investigateses into the school -- investigations into the school? >> i try to look at to this way. i worked really hard for my degree, so did everyone in class that was with me. we worked hard. in teems, on our own, spent hours writing papers, putting together presentations. i have taken everything i learnt within the university of phoenix's communication programme and applied it to my job, so i see a lot of value in offers. >> you are not here defending the the university of phoenix, but are here to raise concerns about what happened to vets who have a degree from a for-profit college or the university of phoenix. do they hold some responsibility. you don't like the media intensi

. >>> krishna alone, -- colsn, nbc -- alone, nbc news new york. >>> it's worth a shot. whether you take a lump sum or spread it out over 30 years -- 30s, if that when it takes a lump sum, they will take home about half a billion dollars. >>> that brings us to our mynewsfour.com poll question, have you bought or do you plan to buy a powerball ticket ? still plenty of time to vote, homepage mynewsfour.com and he will have up dated results for you throughout the newscast tonight. >>> let's check in with madison and get more on how the weekend forecast is shaping up to get not bad for those folks waiting in line. >>> not bad today but if you want to head out tomorrow like i might do the line, might be more cold today and snow we. not a whole lot going on this afternoon but that's not going to remain the story, we have a winter weather advisory i will take us back to the sierra 10 tonight and remain in effect in the afternoon tomorrow, much -- a much weaker and lighter system. we are -- you're looking at two -- a few inches and 1 inch in the far western nevada. travel will b

krishna guha, it's agreed to see you. this wasn't a dovish statement or decision.hat's your take. >> sorry, i don't agree with that at all. i don't think it's that complimented. the global economic and financial market developments and their implications for the balance of risks to u.s. employment and inflation. that's telling you they're monitoring and assessing. they're not going to hike again until they can be confident the risks are balanced one morse. it's going to take them some time. no way they can do that by march. >> if this really was that significant, wouldn't george have dissented? >> i think right now everyone on the committee, including the more hawkish members sees cause for caution, in particular if you're a hawk, you -- they're very weak, and the inflation outlook is going to be further depressed by more oil declines. so it's not obvious the hawks need to force the fight right now. iffuls janet yellen and selling it to the hawks, i would have said, suppose things firm up, stabilize, that things are moving back on track, and we can hike in april. s

. >> but krishna are you taking a defensive or offensive position at this stage?think right now we are probably going to go through a tough spot but i think trying to be too factcle on a day-to-day basis is probably not the best thing to do. looking through the volatility for a year-long process i think makes more sense. >> bernie, you're already not particularly keen on u.s. stocks. full stop. i see you're neutral on the large stops and actually unfavorable on the u.s. small caps. where would you rather be, in fixed income or stocks offshore? >> well, a little bit of both. we like europe. we think they look cheap on a relative valuation basis in normalized earnings and europe is a couple years behind the u.s. they're in a stimulative mode so their large multinational companies just like ours and so we think the returns and earnings will be a little better this year, as they were last year. >> bernie, when you see events like north korea, does it factor into your investment thinking at all or do you try to brush it off as sort of a short-term effect? >> no, it doe

>> i think what the fed will do here is signal some form of a pause or a time-out in the words of krishnaecond step or a second leg down. the fed needs to change its outlook on the recovery here in order to reverse course. i think it's still far from that. i think it's very significant that all the other central bankers are challenging janet and not going with her and going the other way. >> though the ecb's former president, jean-claude trichet, was here this morning. he said he thinks the fed did the right thing. he is the one who wants the euro to come under pressure. >> jean-claude is a brilliant man who has not been on the right side of policy for a very long time. he is a man i have enormous respect for but he's made some mistakes over the past several years, i think. that's part of the reason why most economists think europe is as far behind the united states as it is. >>> let's bring in the chief economist at jpmorgan chase. do you agree with the assessment? >> of trichet or the fed? >> fed first. >> i agree. i think the fed will be more nuanced in the sense that it will talk abou