>> you shouldn't be concerned, melissa. there's a lot of natural gas out there that we have found that we will find, that is in storage, despite the fact that it's been a very cold winter, we still have more than adequate supplies. i think that this is not a good place to be. if you're going to own nat gas, try to own the nat gas trust. that's the only place to be. don't own the nat gas futures and don't bet bullishly upon it. >> on the equity side, oil producers have been betting on nat gas. >> much better to have the exposure to oil. the drilling has changed the supply game. i will say this about natural gas. don't play it from the short side. look at that weather outside. hurricane season's coming. >> let's move on here because economists and economic data can be useful, but if you really want to know what's going on with the economy and which industries are thriving you'll need to talk to our next guest, dan dimicco, they make the steel that go into your cars and homes and just became america's largest steelmaker. the b

melissa, over to you. so. >> great interview. >>> a quick break and we're back with the market action and a loss of stocks to watch as we head into afternoon trading. you're watching cnbc, first in business worldwide. with fidelity, you can take your trading around the world, because now you can trade u.s. and foreign stocks online, in 12 markets, 24 hours a day, all from the same account, and settle in u.s. dollars or the local currency. plus, we'll guide you with international research and realtime quotes, so you can diversify your portfolio, wherever -- whenever. and we'll be on call around the clock, while you trade around the globe. fidelity investments. turn here. ♪ well, look who's here. it's ellen. hey, mayor white. how you doing? great. come on in. would you like to see our new police department? yeah, all right. this way. and here it is. completely networked. so, anything happening, suz? she's all good. oh, my gosh. is that my car? [ whirring ] [ female announcer ] the new community. see it. live

melissa, i'm sorry. >> stick around, you'll stick with us. is the euro on the verge of an implosion and what will this mean for your investments? let's bring in andy bush with bmo capital markets and cnbc contributor. we also have david gillmore and rick is with us still as well. andy, let me start with you because people have been saying frightening things in the past 24 hours that this is the subprime problem some people tried to explain it away and say that it was contained and it could be the start of the big new problem where do you fall? >> i don't know if it's the start of a big new problem. it's a pretty big problem right now. when the advent of the euro occurred in 1998 we all looked at the southern part of europe to be the people that were going to see the biggest benefits from joining, but they were also the weakest links and this really is the first major test for the european union and the euro zone and we're not quite sure exactly how this is going to play out. one of the biggest questions is how does the e.u. or the ecb, can th

thanks to melissa francis and ginger we have. to expect his first night back on the air. >> plus apolo ohno reflects for the first time in the vancouver games. i will be back for nightly news and complete coverage of the massive quake in chile. until then, so long, everybody. # >> live, local, latebreaking. >> good morning and welcome to saturday morning. here's a look at some of our top stories. two people are recovering after they were shot during a carjacking in northeast baltimore. it happened early friday morning on the 1300 block of stone would road. he was rushed to johns hopkins hospital where he is in critical condition. there is no word on a suspect or a motive. >> local health officials are preparing for a third wave of the h1n1 buyers by offering free flu shots. it is the second super saturday event. the clinics open this morning at 10:00 and run until 4:00 and they are open to the public. if you live in baltimore county any transportation, it will be provided free of charge. define the clinic nearest you, go to our w

thanks to melissa francis and ginger we have.ect his first night back on the air. >> plus apolo ohno reflects for the first time in the vancouver games. i will be back for nightly news and complete coverage of the massive quake in chile. until then, so long, everybody. # >>> good morning, everyone. welcome to the saturday morning edition of "news4 today." it is 8:56 right now. >>> state of catastrophe, one of the biggest earthquakes in history. a live report coming up on the situation in chile. also, coming up, a situation at arlington to tell you about. there has been an alleged abduction. we have a live report coming up from arlington. that breaking news is just ahead after this break. chuck? >>> thanks, kimberly. yes, incompete yes, indied, a little more wintereather coming our way. the snow showers aren't going to last too long or cause too much in the wayxd of travel troubles. a look down into the rest of your weekend and the week ahead coming up. >>> thanks, chuck, your news, traffic and weather for an hour and a half comin

for cnbc, i'm melissa lee. thanks for watching

melissa, thank you so much. >>> janice huff is here with a check of the weather. good morning. >> did you hear you say you're ready for more snow here? >> no, no, no. i said no me snow please. >> after the last few days we had quite a bit across the northeast, it looks like things are going to calm down in some areas. the sun is out here in new york. on the southwest coast, though, southern california and parts of the four corners area you're going to see some rain and some everyone. i'm news 4 meteorologist chuck bell. we're off to a cloudy start here in the washington area with temperatures in the mid- to high 30s now. we'll be climbing up into the mid- and upper 40s by later on this afternoon. radar still shows a few light snow showers now, primarily across southern pennsylvania, but one or two snowflakes may live long enough to get up towards fredericksburg, maryland. temperatures will be climbing >>> now here's jenna. >> all right, janice, thanks. we will have more right after ththis. ♪ [ woman ] nine iron, it's almost tee-time. time to face the pollen that u

melissa, today the focus is on jobs. >> that's right, ann. dow is coming off its worst one-day drop in eight months, and as a result, asian markets getting crushed overnight. hong kong's hang seng down more than 3%. south korea's kospi down 3%, india's sensex down 2.6%. today markets taking their cues from the jobs report, and one thing is for sure, companies have figured out how to do more with less, they're more productive, their profits are higher. that's good news for your 401(k). it's bad news for people looking for work. ann, back to you. >> sounds like today's a day to buckle up. thanks a lot, melissa francis. >>> two american-born pandas arrived in china this morning, a day after leaving atlanta and washington, d.c., where they had millions of fans. >>> and two members of the coast guard auxiliary walked away unhurt on wednesday after the plane made an emergency landing in florida. the front lding gear wouldn't lock in place and collapsed shortly after touching down. it is now four minutes after the hour. let's get another check of th

i'm melissa lee. thank you very much for joining us tonight. you back here tomorrow at 5:00 p.m. for more "fast money" on cnbc. have a great night. >> i'm jim kramer. welcome to my world. >> they're nuts! >> i always say there's a bull market somewhere. >> "maud money." you can't afford toe miss it. my job is not just to entertain but to educate and explain what the heck happened today. call me, 1-800-743-cnbc. days like today frighten. they scare people. they scare you. they scare me. we see some countries in europe -- spain, portugal, greece -- having financial prons sutdly every stock you own goes down? every stoke in america? we take it as gospel that it makes sense. hey, it was on our screens. we hear that emerging stock markets are due far fall. we see brazil get clobbered. we deserve the punishment. we should be slaughtered because well, we're being slaughtered. we accept that it's right that the dow got clocked for 268 points and the s&p was crushed for 3.1%. we accept that's right, simply because it happened. i am here to tell you that

>>> a nail-biting night from melissa rycroft. >> it's my very first premiere and i can't believe i'mere. >> our "valentine's day" kissing booth. with bradley cooper and his famous friends. >>> how about those super bowl commercials? >> jay and dave. first words about their super bowl shocker, but who didn't make the spot? >>> elizabeth edwards. jenny sanford. "e.t.'s" scorned wives week.

opportunity to make them yourself and trust me i have the recipe right here and even better i have melissa cooper with milk and crunch economies. and she's here to share the recipe with us. we already started to cook and this looks delicious. >> welcome. >> thank you. so what are we going to make? >> we have making chocolate peanut butter rice crispy treats for valentine's day. it is a really'scy recipe anyone can make. so adorable. you cut them in to hearts. this is something we grew up with 0 in our pantries, rice crispies. >> yes. what this recipe calls for is regular rice crispy and cocoa crispies to give it an extra special flavor and visual affect. >> when we talk about flavor, you enhance that with the help rom some other ingredients. >> i have added chocolate and peanut butter chips also. >> you put everything in the bowl. >> easy stuff. >> even your children can do this. this is a thing you can do with your child. mix it all up and then while you are doing that, a good idea to melt the marshmallows. >> melt the marshmallows and the butter over a low heat and that usually takes fiv

and melissa, aig's again under scrutiny. >> that's right, ann. today is big pay day for some aig employees. aig is paying out $100 million in retention bonuses to the financial products unit. that's essentially the group that traded the derivatives that led to the company's collapse. now, the total may sound like a lot. it's actually $20 million less than promised to these employees who contract signed long before the crisis. aig has told them if they don't take the cut bonuses, they won't get any bonuses at all. we should note this was worked out with the government special master on pay to avoid further public outrage. we'll see about that, ann. >> yes, we will. melissa lee, thank you. >>> utility crews in oklahoma are still coping with a huge ice storm that hit last week. it brought down so many trees and power lines that thousands of homes are still without electricity today and the power may not be back on for days. >>> it is now 20 minutes past the hour. let's go back to matt and meredith. that doesn't look like a happy job. >> not at all.

muhammed ali, john travolta, shirley maclaine, share, diana ross, patti labelle, tony braxton, melissa etheridge -- you had over 100 stars. the entire leadership of the democratic party was there. it was a magical party. >> but two days later, the magic was gone. >> the monday after the event, i got a phone call from ed rendell telling me that "the washington post" was asking questions. hillary clinton would say that she hardly knew me. if i was smart, in order to maintain my deal, i would go along with that. >> the bombshell question hillary's decision to associate with and given his criminal past. the clinton camp declared that they were not aware of it. >> why does a guy like that talk to you? >> i do not know the answer to that question. you have to ask him that. we were trying to find interesting stories. those like billy dell and kathleen lally. xmaybe people who had heard about it tangentially over the years, but they did not really get the full story. we could take 10 minutes and really tell it in detail, using interviews with them. at the time, he was under house arrest. he wa

melissa from columbia writes on our website. i am originally in buffalo and never seen such chaos in my life. granted this is a lot of snow for the area. however the plow drivers need to be trained. but ray writes on facebook. do you realize how much snow we got? also, do you know how big maryland is? get real. >> go to foxbaltimore.com and tell us what you think. you can also sound off on facebook. you can send us a tweet @foxbaltimore or text your answer to 45203. enter fox 45 a for great. fox 45 b for good. fox 45 c for poor. fox 45 d for horrible. and your response may air tonight on the "late edition" at 11:00. >> and we will be watching the snowfall for awhile. >> how long will it last and how much will we get this time? chief meteorologist vytas reid joins us with a closer look at the winter blast. vytas? >> round three here we go. heavy snowfall is coming down across pretty much most of the state right now. eastern shore though, southeast of salisbury, ocean city. looking a at a mixing in taking place down this. put it i

melissa lee reports on the brand with a buzz. >> there was a wee bit of cocaine in the original "cocaola." >> and it's more than just "coke." >> "zico" is a hundred percent pure coconut water. >> five hundred different brands to satisfy taste buds around the world... with tough competition. >> you're the first person i've interviewed who actually said "pepsi." >> well, uh, they exist. >> and blunders along the way. >> what ignoramus decided to change the formula of "coke." >> a company that aims to win in every market, but sometimes, falls short. >> we lost our way. >> now, in a fierce public health fight. >> there's nothing bad in this bottle. >> more than 123 years in the making, "coca cola" is steeped in history. >> this was more than a consumer product to them. it was a part of their lives. >> and poised for another century of world-wide domination. and now "coca-cola:" r

fox's melissa duquesne has the story. >> reporter: at the entrance of the sea small memorial rememberwn branchow who was killed three days ago. inside the stadium, fans poured in to see the first show since the tragedy. >> we came in on thursday when shot was cancelled. >> since wednesday's accident sea world closed the show and made changes involving trainers and their interaction with the whales. paul lockheart and his sons are visiting from port charlotte, they said though they enjoyed the shothey could sense the difference. >> i don't believe they always have that many trainers out there for one show i think they gathered them for this one show to help them. you could tell it was pretty emotional for them. i was wondering if it was hard for the whales too. they usually having more content with them. they didn't this time. >> russell thompson is a season ticket holder he said it was important for him to see the show go on. >> i just wanted to be here for this show to make sure that this continues, so special. it's touched so many lives and i don't think there was a dry eye in the s

. >> live from the nasdaq market site, i'm melissa lee.gie man is now the debt of far off places like greece and portug portugal, but the dow, traders know that somewhere there is still money to be made. and that's what we'll do tonight. joe, i want to start with you. at the beginning of the day, investment fundamentals didn't work out for you. >> absolutely. i've been establishing an overweight position in things that fundamentally i believe in, whether it be technology or oil. a coup of weeks ago, i made a phone call to five of my closest friends that i know manage money on the street. what i asked them was did they believe that what we were hearing, china tightening, greece, all these problems. did they view this as something in the market that could devolve into a deep market correction or is it a buying opportunity? i agree with you, joe, it's just a correction. one person, john knows who he is, we'll call him mr. x, told me it's a game changer. that tells you it's very difficult at times to follow the crowd. when you follow the crowd

plus a first on cnbc interview with the ceo of sarah lee, melissa and the traders are live at 5:00.ve about 25 min touts go here. right at the lows of the day. the dow jones industrial average is off by 241 points. technology is getting crushed as well. the nasdaq is down about 60. >> but cisco is up, signaling enterprise technology spending is, in fact, on the rebound. is now a good time to look at that sector? why is cisco up in the face of weakness elsewhere? we'll take a look at that group when we come right back. stay with us. >>> we have a market under pressure with final stretch. 20 minutes before the closing bell sounds. let me show you what's going on with the dow jones industrial average down at the lows, down 255 points. worries over the possibility of friction with china. worries over the debt on the balance sheets of government sovereign risk debt. you also have worries about the employment numbers out tomorrow. people are worried we're going to see the number of jobs cut in the last month coming in at the downside of expectations. 10,015 last trade on the dow jones ind

eagle, beat five opponents in that republican primary and he'll face battle-tested incumbent democrat melissa bean in that swing district. finally, republican adam kinzinger cruised in that 11th district republican primary. grabbed 64% of the vote. he'll face freshman democratic congresswoman, debora haliverson. and we've got mark murray here to break down what we learned from illinois. quickly, walk us through, how many votes are left to be counted and the recount procedures in illinois? >> possibly another recount with it being so close on the governor's side. it will take at least two weeks to recount all the ballots and also see those late-arriving absentee ballots. then the state declares a winner. and once a winner is declared, the challenger could request for a recount, would have to pay for that recount. right now on the democratic side, 7,000 votes for the incumbent, pat quinn, on the republican side, we'll probably definitely get a recount there, but the whole process could take months. just kind of like what we saw in minnesota last year, a very, very long process. some other quick

of the most significant aspects in the process of the deal needed to be negotiated with president melissa and not by excluding them because of their indictment in legal advisor they were able to actually get the peace agreement at dayton and get to to the bosnian conflict. you have that exact same situation replay now. president al-bashir of sudan is indicted for crimes against humanity war crimes and are for next week the peace process is deemed launched in qatar and ohio then there's the question. can you bring him into the peace process if he has been indicted by the international criminal court. cc up we play a lot of these questions and there's always a tension that will rot really matter. will they really be deployed on this first-tier type of questions? i've got to talk about the firemen were bought matter. michael will tell you and it's not always this way. only surprising swing a number of circumstances. he will not value by the number of circumstances where it they chose not to imply the world of law because the foreign policy prerogatives were seen to be so important imperative

guest: my sister, melissa, is the oldest. she's a mother of three children. by brother, david, is a teacher. he teaches english. and my brother, billy, who's a carpenter. and my brother, jeff, is a lawyer. c-span: and you've been working with your dad for how long? guest: for 12 years. c-span: what do you do for him? guest: i'm a lecture agent. and i started when dad's book "truman" came out." i was headed to medical school. and the book came out, and he'd been working on it for 10 years and it was kind of a dream for all of us to have it hit the way that it did. and i decided i would defer from medical school for a year and help with what needed to be done. and during the course of that year, i realized that there was a business there, being a lecture agent. and so i didn't go to medical school and started a lecture agency. and that's what i do. c-span: and where do you live now? guest: i live in rockport, maine. c-span: and how people do you represent? guest: i represent about eight people. c-span: what kind of people? guest: [unintelligible] do. all writer

. >> sÍ, como las viejas ganadoras, melissa marty. >> yo lo vi. >> ayer vimos otra impactante historiaordar eso. ♪ >> miren, muchachos, si no me convierto en actriz puedo ser cirquera me encanta todo eso. despierta amÉrica estado de lujo, estamos para recibir en esta carpa un espectÁculo de sueÑos. les quiero dar la bienvenida a los hermanos espaÑa. >> gracias. >> les mencionaba que cuando uno va el circo, vuelve a ser niÑo porque todos crecimos en nuestros paÍses en esas hermosas carpas de circo. ¿cÓmo nace esta idea? >> bueno, nosotros compramos un circo con el teatro. hay elecciones para niÑos y adultos, todo a base de la fÍsica, hay balance, fuerza, valentÍa y diversiÓn que son elementos muy importantes en la da. enh@es derta amas estamos introduciendo en una fusiÓn de circo mÁgica siempre. >> ahora lo importante es recalcar que ustedes representan una historia que van narrando a travÉs de todos estos actos circenses. ustedes comenzaron con este sueÑo desde pequeÑos, es una familia que hace cinco generaciones que se dedica a esto, ¿no? >> sÍ, hemos trabajado en muchos lugares en el

melissa: thanks, guys. president obama is getting ready to talk about the economy at a town hall event out in green valley high school, henderson, nevada, is the location. discussing a new $1.5 billion initiative unveiled today aimed at helping homeowners and states hit especially hard by sharp drops in home values. part of a multistop tour as the president helps cam pay for several democratic senators, senator harry reid introducing the president moments ago. let's take a quick listen to what the president is saying. >> you know, let's face it, you know -- [laughter] but i can personally attest that harry reid is one of the toughest people i know. he does not give up, he knows what he cares about, he knows what he believes in, and he's willing to fight for it. and sometimes he takes his licks. but he gets back up. harry reid has never stopped fighting. he hasn't stopped fighting for henderson, he hasn't stopped fighting for nevada, he has not stopped fighting for the united states of america and middle cla

>> up next, melissa and the gang are ready to go.the fast money halftime report" is on deck, but let's look at the dow, the nasdaq and the s&p all with losses of greater than 2% on this rather dramatic day in the markets. >>> welcome to "the fast money halftime report." we are getting to the heart of the action as it is happening. wall street's worries about sof rib debt issues have traders fleeing for safety. >> the fast money grew, the negotiator, guy adami and carter worth of oppenheimer asset manageme management. guy, i want to kick it off with you. is this it? and implied in that question is are we headed for a bear market at this point? >> we're in the midst of it girl. how are you, mel? >> great, aside from the sell-off. >> we told you when intel reported, good news, bad action. we tried to warn you then. goldman sachs, look at the 195 level a couple of among thes ago. look at what the stock has done since we've been trying to warn folks. you don't have to play defense. things go down faster than they go up. we said it last ha

. >>> but first, oh, melissa! >> hey, mark and erin. coming up at the top of the hour we have a jam packed show, two ceos led by time warner's jeff bewkes. find out what he thinks about his company's earnings and more importantly what the outlook is like. we'll talk to the head of denny's. they're giving out free breakfast. we love that. we'll have the details. when it comes to obama's budget we'll tell you which sectors are sure winners and which sector is a sure loser. all that plus the latest earnings and market reaction only on "the call" at the top of the hour. first "squawk on the street" is back right after this break. what happened? i used to ask my broker for advice. funny how the "best" funds always turned out to be his. what about the funds we bought years ago? yeah. how do we know they're still right for us? td ameritrade does mutual funds differently. with free, unbiased research. like td ameritrade's premier list. it shows me top picks, from the fund experts at morningstar associates. that's advice i can trust. and simple,

hello, melissa. >> hi, larry.the head of toyota apologizes for all of the company's problems and we'll have the latest including what's happening to the company's crown jewel. that's the prius. this is "the call" on cnbc. >> it is all about the jobs report on wall street this morning. the unemployment rate dropping below 10% while 20,000 jobs were lost in january. november was revised upward, october got a revision as well. overall, the numbers were not as bad as some feared and we'll have more on that in a few minutes. >> right now the s&p 500 is essentially flat on the session and is down a touch about a quarter of a point. tyson food among the biggest gainers and the dow right now is trading to the down side, well off the lows

melissa says she is ready for the storm and the super bowl. she says, i got all of my stuff, my crock-pot and stuff for peking and all of my goodies for the super bowl. come on snow! william composed a tribute to the snow to the tribute of pants on the ground. snow on the groned traveling like a fool with the snow on the ground. look at you your car spinning round driving like a fool with the snow on the ground slow it down [ laughter ] >> william, we couldn't have said it better. >> dorel wanted to talk not about the snow, but about the new mayor. we have a new mayor and i'm upset because i don't know her pros and cons. >> shanka weighed in on the new mayor. looking forward to positive change for the city of baltimore. and tray is also optimistic. he said i think our city is becoming what it used to be charm city. >> thank you all for your comments. we always appreciate hearing from you guys. we do reread them here throughout the morning. earlier this morning we gave out a code word and the first two facebook fans post it win a prize. we had

. >> melissa, kansas city, kansas. >> caller: mr. johnson, a comment and a question.arlier you mentioned the inquiry taking place in britain regarding the legality of the iraq war. there's reliable documentation which detail conversations between prime minister blair and president bush where they both acknowledged there were no wind chills mass destruction iraq, and bush went so far as suggest painting a united states spy plane with the u.n. colors and flying it over iraq in order to provoke the iraqi into firing on it to give the united states justification for the war. i clearly remember that the majority of the british people were against the invasion of iraq. my question is, earlier you said that great powers like the united states have responsibilities. do you believe those responsibilities also include telling the american people the truth about the lies that took both of our countries to war and punished the leaders who perpetrated those lies? >> guest: well, somebody once remarked in war that first casualty is the truth. i am afraid that states, whether they'r

. >> melissa in kansas city, kansas. >> earlier you mentioned quietly taking place in britain.perez reliable documentation which detailed condensation between prime minister tony blair and president bush. that was painting a united states by plane with a u. n. cote and flying it with low altitude to provoke the iraqi -- to give the united states justification for war. i clearly remember the british people were against the invasion. earlier he said great powers were responsible is. >> someone once remarks boat in the war the first casualty is the truth. i am afraid states, whether they are dictatorship or not, hardly ever give the full truth as to why they are going to war. we blundered into the first world war which is the greatest catastrophe of modern times from which most of the things that are wrong with the world ultimately spring. the people in britain will never tell the truth about why we were going to work or prepared to go to war. they wouldn't tell the truth about our lives in france and so on. there is a long history of civilized and law-abiding nation not telling t

melissa long is here with a look at story and others new for you in the next hour. >> as you know, weyou jailhouse video of what she had to say to her parents. >>> a life guard saw just moments before the shark took that man's life. >>> and two women were able to escape a burning suv, that one right there. you've got to hear what investigators think caused that vehicle to catch on fire. those stories and much more for you coming up next hour. robin? >> thank you. >>> children at a school in kentucky were told to expect a special guest, but two little brothers had no idea it was their daddy until he walked through the door. the army helicopter pilot is on leave from afghanistan and at first the boys were shocked and then overwhelmed with joy. >> i don't know how to describe this. >> how much did you miss your daddy? >> like more than he loves me. >> i feel happy and i really liked it because i never saw him in a long time. >> so sweet. well, their dad also thanked the class for sending him a christmas care package. >>> 181 "american idol" contestants have tickets to hollywood, but many