government agencies such as the defense department are reportedly considering the new blackberries. a new contract could be awarded in april. target is the latest retailer hoping you'll finish your turkey dinner on the early side so that you can start your holiday shopping on thanksgiving. target is joining wal-mart, toys 'r' us and sears by kicking off black friday shopping on thanksgiving night at 9. retailers usually bank a third of their annual sales during the holiday season and the stakes are high to beat competitors and entice customers into stores. these retailers all claim a demand from consumers as the reason for the early openings. a former williams sonoma executive is now trying to cook up innovation for best buy. hoping to restore some of its luster, best buy has lured sharon mccollam out of retirement to become its new chief administrative officer. looking to boost both sales and its online presence, mccollam will have her work cut out for her. despite controlling 16% of u.s. consumer electronics sales, the chain has seen shares fall 35% so far this year and posted a $1

now, i just got an iphone 5, been a lifelong blackberry user, life of their company and i'm dying for the newp 10 to come out and i don't find apple very good for e-mail. >> i can't even believe what i'm hearing here. for a guy who i mean -- >> here, take the blackberry. >> on some of the other names, you're singing the praises of research in motion at a time where you'd be the first guy on my list to say that i wouldn't go near this with a ten-foot pole, that i'm short the name, but yet you like it. >> right. because i think there's going to be inkreeing chatter, positive chatter, about the new blackberry coming out. on january 3rd. gave us a date. don't forget, they paid apps providers $10,000 to come out with apps, so they targeted 30,000 apps, but nobody uses half a million. so bottom line is sentiment improving. i can tell you from a senate standpoint, i can't tell you i will be there when the new product comes out. i've got a target near term about 11. if it gets there, i'm very happ happy. i'll reassess that point. >> the one-month chart is hard to argue with with. >> during the commer

new blackberry operating system and phones that run it will be unveiled the end of january go on sale the next month research in my shun hoping this will make blackberry phones relevant again. call of duty black operations goes on sale today. many who plan to buy in admit they will probably call in sick for work today. it's time to change the way we clean. it's time to free ourselves from the smell and harshness of bleach. and free ourselves from worrying about the ones we love. new lysol power & free has more cleaning power than bleach. how? the secret is the hydrogen peroxide formula. it attacks tough stains and kills 99.9% of germs. new lysol power & free. powerful cleaning that's family friendly. another step forward in our mission for health. . >>> welcome back. breezes blowing through downtown san francisco, ferry building back to the bay bridge clear, a few high clouds no worries weather-wise until we get to thursday, then showers in the forecast. enjoy the warmer temperatures. >>> 4:43. only on abc7 news this morning two hit by a car during an occupy protest in oakland suing b

. >> and blackberry tries to lure new customers.its door.s guy the steve, the president is leaving y less than a windows 8r the released. new blackberrys system in january andd on sale next month. research in motion hose this make blackberry phones relevant again. and first-day sales of halo 3 record. 220 million. they say the ex box 360 game is likely to hit 300 million in the week. as call of duty on sale today. last call of duty games set record. say they will probably call today. are on it to you. those are your techbites. >> unbelievable. it touched down. >> that actually was a catch, even though it looks like there was no way. back into the hands. c catch last night. steelers won in overtime. big ben taken to the hospital after that hit. injured his throwing shoulder. >> ben was expected to have an mri. >> and do not forget the huge raven's steelers' game is sunday. brant. tim hello. nationals did not the series as you know, but collecting postseason honors. night, bryce harper won the rookie of thee's year. a teenager for mos

thinks wall street is underestimating the business research in motion will see thanks to its new blackberry next year. all five of the most actively traded exchange traded products were up. the i-shares japan fund led the gains, up 1.2%. and that's tonight's "market focus". next week, we will see how november treated auto makers. the head of volkswagen north america thinks superstorm sandy may cut into industry-wide sales by as much as 50,000 vehicles. v.w. and its competitors from around the globe are rolling out some of their newest products this week at the los angeles auto show. and for v.w., what's old is new. diane eastabrook has details. >> introducing the beetle convertible special edition. >> reporter: for baby boomers, the iconic beetle is a blast from the past. for volkswagen, it's a crucial connection to the competitive u.s. market place. >> really, the beetle represents the heart and soul of the volkswagen brand, especially in the u.s. everybody's got a story about the beetle somewhere in their family. >> reporter: the introduction of the new beetle convertible comes a year aft

the people at research in motion are testing the new blackberry 10 smartphones with 50 carriers around the world. even though it was a down day yesterday, todd horowitz of average joe options joins us. todd, i have to tell you, it was good to see those traders back on the trading floor. what was your impression of that trade? > > good morning. it was nice to be back. it was nice to be back in action. however, the trade was very slow and very dull, and we're still trying to figure out, we're trying to make sure that all the systems were working properly, and there is a lot of news coming out today and tomorrow with the adp jobs today and the regular jobs report tomorrow. so, it figured to be a little slow yesterday anyway. > > we had a surprise with that adp number. what do you anticipate for the jobs number, and how are you positioning? > > i am positioning neutral. i think the market itself needs a bit of a solve, we need a little bit of a correction. i think that the market itself, the number has been kind of out of whack the last couple of months. it's really hard to get a real hand

research in motion is one step closer to releasing their new blackberry 10 smart phones. they have started testing them. they are expected to go on sale sometime early next year. those are your tech bites. have a great day. i'm rob nelson. at kaiser permanente, we've made major advancements in reducing the incidents of broken bones in seniors. we've received recognition for getting hypertension under control for over 80% of our members. we've made significant advances in asthma, immunization and maternity care. and j.d. power and associates ranked us highest in member satisfaction among health plans in the virginia/maryland/d.c. region. we're focusing on the big things so you can enjoy the little things. kaiser permanente. thrive. >> all right. you could call this perfect time. the world series champs, the san francisco giants held their victory parade on halloween. >> a lot of folks lined the streets in the team's colors, black and orange. there were some interesting moments. first, the car carrying the giants manager ran out of gas. onlookers there to push that car. at

just ahead when the new blackberry is set to be released.ll to come this midday: if you're torn about when to fly home for the holidays. we'll tell you if thanksgiving or christmas flights are cheaper. and later in lunchbreak: expert tips for the perfect holiday turkey this season! [ "don't you worry 'bout a thing" plays ] stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car replacement. if your car is totaled we give you the money to buy one a model year newer. call... and ask one of our insurance experts about it today. hello?! we believe our customers do their best out there in the world and we do everything we can to be there for them when they need us. [car alarm blaring] call now and also ask about our 24/7 support and service. call... and lock in your rate for 12 months today. liberty mutual insurance. responsibility. what's your policy? úúúúúúúúúúúúúúúúúúúúúúúú the number of ameri

high hopes for the new blackberry 10. we are playing catch up. rim is a canadian company. it jump on the toronto exchange and the u.s. markets are getting in on it and nokia a similar story, company has a new phone, early sales have been very strong. millions of people hitting stores today on black friday hoping for bargains. in 90 seconds we talked to someone who says those items will be cheaper next month so maybe you want to hold on to your cash and wait until then. more on that coming up after a short break. [ male announcer ] they are a glowing example of what it mes to be the best. and at this special time of year, they shine even brighter. come to the winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer lease a 2013 glk350 for $399 a month at your local mercedes-benz dealer. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery

lastly, look at our best performing stock, research in motion, up 8% on optimism that its new blackberry0 device is on track to launch in the first quarter of 2013. >> cool, seema. thank you. >>> new economic numbers point to stabilization in the labor market ahead of tomorrow's jobs report. but will hurricane sandy derail any traction in jobs and economic growth? to discuss that and more we're joined by vince reinhart, chief u.s. economist and morgan standy, also former head of the federal reserve's monetary division. welcome back. glad to have you with us. start with the storm. what effect on net do you think it will have on the nation's economy? >> well, it is a little cold to talk about the economic consequences with all this construction. if you are going to talk about the economy, the first thing to recognize is this is enormous hit to our wealth. we just -- the storm destroyed a significant capital and infrastructure in the affected areas. and that will leave imprint on activity for a bit to come. first there is destruction and deferral. there's destruction of some demand. if you

new blackberry 10 on its way finally, with the stock jumping but clearly we have seen blackberry comeressure. intense competition from the iphone and others. in a turnaround try to have a mantra of sales all the time. that has been up about 42%. a lot of the homebuilders have down arose. these are homes down over 10% all day long. the u.s. dollar has been virtually flat. oil and gold are pulling back some, trying to get a fill the market not too far off the unchanged line, after some selling with scene. back to you. cheryl: thank you very much, we will see you 40 minutes from now. the petraeus scandal deepens. questions about his resignation, specifically whether classified information was revealed by the general's mistress. griffin joining us for the pentagon. great reporting, jennifer, what do you know? >> we have been looking at this from denver, colorado. in that speech questions were really raised afterwards about whether he may have revealed information that she only would have known about the benghazi investigation, and commission it hadn't been revealed publicly commend commis

new macy's holiday ad reportedly makes light of trump's support of the so called birther movement which questioned president obama's citizenship by tugging on santa's beard to make sure it was his. rim is waiting for blackberry's new operating system. and model 10 has named tesla's model s the 2012 car of the year. >>> coming up, an arizona woman runs over her husband with an suv for not voting. we're serious. >>> plus, nascar's jeff gordon will be writing a very big check over this fight. sports is next. >>> plenty of other stories making news early today in america. we begin with new developments surrounding a deadly explosion that decimated an indianapolis neighborhood. investigators believe natural gas played a role in the blast but stopped short of labeling it as the official cause. over 2 dozen homeowners are being kept out until the investigation is complete, but on monday were allowed to return for an hour to salvage what they could. >> i'm a retiree and with heart problems, this is the last thing i needed. >>> next to arizona where a six month pregnant woman nearly killed her husband for not voting on election day. listen to these 911 calls. >> somebody just got ran over here. >> this woman just ran d

news for research in motion. the company's stock has gained 46% in a 30 day rally. after some optimistic reports about it next generation of the blackberry. bullishness on the stock. of course, apple and google's android have been crocheting the company. research in motion say it will make it a new competitor. looking at the last 52 weeks, here is the story. ram down 27%, google of 12%, apple up 57%. that math still tells the real story. connell: that tells what is really going on. jamie dimon as the next treasury secretary. apparently, warren buffett liked the idea. we will talk about that coming up. dagen: the newest reading on home prices. we see promise. six straight month of gains. jo professor will have his report on whether the housing market can continue. the price of oil going down. ♪ but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. that's health in numbers. unitedhealthcare. but they have to use special care in keeping the denture clean. dentures are very different to real teeth. they're about 10 times

research in motion looking testing for services for the new blackberry 10. that is doing well.products came out with numbers, profits to the downside. they had to slash dividends. he have steve madden shoes all-time high. visa, all-time high, coming out with numbers about. visa noting that they're seeing more and more folks using credit cards especially more affluent folks. we're seeing a lot of names on the move here. ford, for example, down 1%. sherwin-williams is up 1%. i'm able to look around check out hot stocks to watch. cheryl: great names, nicole. thank you very much. we'll see you soon. ashley: certainly lots moving on the jobs front. weekly applications for unemployment benefits dropping 9000 to 363,000. now a private indicator of unemployment is revising the way it calculates its data and things, yeah, could get messy. all of this ahead of the big jobs report coming out tomorrow which is just four days before the election. liz macdonald is here now with emac's bottom line. my, oh my, when it comes to the numbers good luck trying to sort them out. >> that's right. it

afternoon cooler weather on the way coming up in less than three minutes. >>> parent company of blackberry says newartphones and captaining system will come out early next year they will day by january 30th, after a number of delays. you are looking at a prototype they are counting on the new phones to turn around the company's fortunes it has struggled and last significant market share to apple and google. >>> if you are looking to delight your little ones toys with a technology twist can be a good bet. >> reporter: good morning. consumer reports played with the latest games and gadgets to find terrific choices starting with a classic. who doesn't love a good game of montana ly, especially when you can use an ipad to keep track of your cash. or break out of jail by playing a game on the tablet. >> one of the big trends are toys that interact with apps on smartphone or tablet we thought monopoly was more fun with an app. >> reporter: download the app for free, consumer sampled 11 other tech toys. >> pricey but no other toy like them kids will play with them for hours. >> reporter: download software

news from blackberry research in motion they are launching not the blackberry 10 smart phone january this will come as the company struggles to hold onto remaining customers it has left who have been abandoning blackberries for last year's i phones. it is fairly redesigned for the touch screen. it is expected to be released shortly after a physical keyboard version. researchers have been trying to get the software out for years. research in most of the stock four years ago was the 144 share and now it is just under $9 a share. -- $144 a share >> then made me get off of my blackberry and now he is saying he is moving on to his samsung. >> he is a leader and i follow. >> do not forget today is veterans day. >> it is a cold one and also a day that you can't go to government offices. but the post office the m. v. are all closed today. probably your kid's school you have off today for the observance of veterans day. (...) even though we a scene traffic is nice to light it is so cold out there. we are life and san rafael >> some locations are hovering right around the freezing mark. it is

analysts at jeffries are saying that the new blackberry could be a winner.ny will avoid the worst-case scenario. national bank just raised their price target to the 15 bucks. it is left have been and -- 11 and change today. that is good buy. this is the gains facebook seen recently up 18% over the past month. of course this is still a far cry at 26 bucks a share from the debut price earlier in the year but the bullish investors are flocking to facebook. bernstein just said they expect facebook, lori and melissa, to outperform the s&p five in new year. melissa: i heard that. that is amazing. i don't know. interesting. thanks so much. lori: all eyes on the powerball jackpot which just bumped up to a record $500 million. i'm not going to be at work tomorrow if i win that. melissa: are you sharing? lori: depends how nice you are to me the rest of the day. even before tomorrow's drawing seems the jackpot already has a winner, states. this year state lottery commissions saw historic year of revenue from ticket sales. an astounding $60.8 billion. that is almost a 9

and rim are going to introduce a new blackberry, ten of them. devices on january, and-- >> blackberry 10 we've been waiting for. and it feels like ians for this one device to come out from research in motion. hallelujah, saying whatever you want. it's up 6% today, but don't forget the stock is down over 40% this year, when i checked on the analyst ratings, okay, 10% had buys. 55% had holds and 35% had sells. so a majority of folks are hold or sell rim. none of them are really, very few are saying buy it. >> i've got it tell you, it's a last ditch effort, the blackberry 10, nicole, thanks a lot. has the united states changed from a nation of makers to a number of takers. new numbers, saying we've been making since election day on "varney & company," a study released from the c.d.c., shows more than 47.1 million people on food stamps nearly 15% of all of america and more than 70.4 million are enrolled in medicaid and that's one in every five americans on the government program. joining us now is mark mehlman from the group and coming at you, ameri

new release date? january 30th, 2013. that's when the blackberry 10 and its new operating system meet the public again. research in motion, the company that makes the mobile phone, expects this latest version to bring it into closer competition with apple and google. r.i.m. has delayeded releasing the operating system many times but -- delayed release the operate system many times but hopes this will help them rebound. >>> look at all the big stores that plan to open shortly after you finish your thanksgiving meal, toys r us, wal-mart, sears and k-mart planning to unlock their doors at 8:00, target at 9:00 and one retailer plans to keep thanksgiving as its own holiday. nordstrom's says it will open on black friday and it will not deck its halls with christmas cheer until then. [ applause ] >> a resounding han of applause in the newsroom. >>> -- hand of applause in the newsroom. >>> a survey found only five out of 55 stores charges purchase fees for gift cards, but if you buy it from a bank or credit card company you pay big time, a purchase fee 3 t

research in motion that makes blackberry are bringing a new phone out on the market january 30 coming up next year, 2013. that's the release of what's called the blackberry 10. it has a new operating system on it. the company that make the mobile phone research in motion expects this latest research will bring them closer to the competition of apple and google. they have delayed releasing the operating system many times so far but the hopes are the newest smartphone can help the company get back on track. >>> students at georgetown had a special visitor. bono stopped by the northwest campus. he was joined by the head of bank of america to discuss social enterprise. he discussed social movements and how they can create change. >> say it ain't so elmo, a scandal involving a "sesame street" puppeteer. >> don't see it like that. >> and an oscar winning actress gets another huge award. edward lawrences that those stories and more in this look at entertainment. >> reporter: the 52-year-old man who was the voice of the "sesame street" character elmo is accused of having a sexual relationship

new funds. research in motion's newest blackberry which is due out in the new year and a new operating system may make them viable once again. shares have been rallying over the last month, they are up 44%. you can see a big jump in today's session up 12% and getting an upgrade, price target and earnings at national bank today, as you see stock jumping the there's optimism dealing with the stock. perhaps in takeover talk in the background but clearly the past year still down 20% and you go back historically well-off of the tides if you look at the bigger picture but there's some enthusiasm behind rim. dave: thank you very much. coming up more evidence the united states is turning into an entitlement nation. even before you are an official citizen the government is offering you a hand out. find out exactly how much the government is giving away of your money to folks who aren't even citizens. that is at the top of the hour and remember we do want to hear from you. send your e-mails to varney@foxbusiness.com. we will read them live on the air as they come in. and now i have your seven early movers

more than 13.5% today this after an industry analyst predicted strong sales for the company's new blackberryhe long-awaited smartphone will finally debut on january 30th. that is a year later than originally planned. and get this, a south pacific island that shows up on google earth and other world maps, apparently it just doesn't exist. yep. that's right. scientists, they went looking for sandy island believed to be as big as manhattan shows up right here on google earth. but the scientist's ship sailed right through the spot in the sea where the island should have been. so it's a little bit of a mystery, joe. what happened to the island? it's not like islands just disappear every day. >> well, that's pretty amazing. you would think by now they have pictures from outer space. >> well, you know, they kind of -- they narrow in, zoom in, it looks like it's there, looks like it's real but apparently something happened. >> that's amazing. >> one of the mysteries of the world. >> you bet. thanks. >>> when you think of president obama, you might not think of designer clothes and accessories, but h

research in motion announcing it will hold a launch event for its new blackberry 10 operating systemes of r.i.m. during the last year painful but not nearly as painful if we went back five years or so. >>> sports in concert promotion company anschutz's group plans to make stubhub part of a new ticketing service. aeg owns many around the world including the staples center in los angeles. aeg makes a lot more sense than aig. right? that makes no sense. >> i think it's shocking stubhub has done well. you couldn't scalp tickets. >> it should be obvious that that would work, whenever -- look what happens, gas prices weren't able to rise the last two weeks and what happens? six-hour lines, if there had been a different line people could pay $10, $20 a gallon, people would have worked it out. prices need to go where they need to go. >> i want the kids to go to the concert. >> you're all about fairness, that's basically your life, being fair. >> president obama says he's going to be inviting congressional leaders of both parties to meet with him friday for talks on how to avoid the fiscal cl

. >>> the maker of blackberry is getting ready to release a new smartphone. arch in motion sails the blackberry 10 will hit the market at the end of january. the company delayed the new phone to make some changes. guys, looks like i might be getting an upgrade on my blackberry. >> about time. >> aren't you happy about that? >> i am! going to be cool. >> and apparently, you can use your blackberry and get a cup of tea now at starbucks, too? >> that's right. it's building on its tea business. starbucks spent $620 million to buy teavana of atlanta. they plan to expand the 300 mall-based stores as well as locations outside of shopping centers. >> all right. well, ashley morrison of cbsmoneywatch.com, thank you so much. >> thank you, ashley. >>> 13 deaths may now be associated with the highly caffeinated energy drink "5- hour energy." the feds are looking into reports of deaths over the last four years as well as reports of heart attacks, convulsions and miscarriages. the fda says just balls a report is filed -- just balls a report is filed it doesn't necessarily m

the new product's coming out in january, blackberry 10. mpletely new operating system and new phone. i think it's going to do well. i know i'm getting one, and that's not enough to drive market shares. >> you own the shares. you just sold out, so you had good timing, but you want back in. you like the stock. >> i sold yesterday. bot up ttom line i like the sto. they have 80 million users worldwide. they sold about 7 million phones. every still hates it except for two firms in canada yesterday. there's huge upside here. 80 million subscribers. the market cap of this company. you can't compare it to facebook, but it's one-tenth that of facebook. facebook has 100 million more, you know -- 800 million more users, but still 80 million is a great base to build on. i like the new ceo. he's doing the right things. i think there's good value here. >> joe, what is he missing? does he need a reality check here or what? >> i think he needs a trading check versus an investing check. first of all, when did you buy the shares? >> last week. >> he bought t

announcing today that after many delays, too many to count, probably, it's unveiling the blackberry 10 platform and new smartphones at an event on january 30th. let's bring in herb greenberg now with more on blackberry's announcement. what do you make of this, herb? is it too little, too late? somebody's buying the stock today. >> why would anybody buy the stock on this news? this is not new news? other than the fact they've given you a date. we knew blackberry 10 was coming. we don't know what it's going to do. let me tell you something. if you looked over the weekend and watched the ads for the windows phone, nokia phone, htc windows phone, you said that's a really cool phone. they're going to be challenged to bring that into being one of the top three. blackberry here has been losing steam. i have to tell you something. all those people that have blackberries, we're so used to carrying one phone now. you have your phone, whatever it's going to be. i think it's too little, too late. it may be the best. it hmay be good. it may be great. they're going to have to change an entire mindset that's already

the new operating system, the blackberry 10 for smart phones will make its debut at the end of january. stock is up 15% today as i mentioned, national bank in toronto uped its price target to $15 a share citing among other things strong launch of the blackberry. they expect that. research in motion, robert gray standing by at the stock exchange. looking at big technology companies. robert: we are seeing the tech friend outperforming the broader market when you look at the s&p 500 and the nasdaq for the dow, the nasdaq definitely out pacing, look at the tech companies within the dow as well and they are the biggest percentage gainers boosting the dow by the most if you look at ibm and the likes of cisco and intel and microsoft, investors bidding up these electronics companies and anticipating consumers are buying a lot of these devices. dell has been the best performer of the s&p 500 today michael dell telling me the windows upgrade, they are finally giving investors a reason to do an upgrade and got buy new devices out there and also take a look at hewlett-packard which is bouncing bac

new interface and will intergrate with icloud. >> research is notion is one step closer to releasing the blackberry 10 smartphones. they've tested their software with more than 50 wireless carriers. those new devices are expected to go on sale early next year. those are your tech bytes. have a great day. i'm rob nelson. >>> we have some breaking news coming out of los angeles. four people have been shot during a halloween party. it happened on the university of southern california campus. two people have been detain. they're being questioned right now. the four victims were rushed to the hospital. we have no word on their condition. a usc spokesperson says a fight between two nonstudents led to the shooting. we'll give you the information on air on online at. >>> casinos are still closed and that means a loss of millions of dollars every single day. abc2 tom wait surveyed the damage and cleanup effort. >> so much destruction here in atlantic city. this was somebody's roof. it was ripped off their building and just tossed to the side here. this is just the beginning. where i'm standing there used to be 5 feet of wat

. >> we were joking coming in that you have to stare at your blackberry because every five minutes something new happens. the one familiar aspect of the david petraeus scandal is that he had an affair. everything else about this story is weird, in the washington post. >> i was going to see skyfall this weekend. i'm going to stay at home and read the sunday times. this is totally bizarre. there's so much that we don't know, this fbi investigator. not just four people. there's an fbi and cia, infa infatuated with jill kelley >> let's get this straight. this guy works at the fbi, becomes infatuated. she gets shirtless photos of him allegedly. she goes to him and says i'm getting these weird e-mails. >> he takes this matter into a federal investigation you have to wonder. an fbi investigation if not for this one agent's involvement and especially him going to congress as a whistle blower saying it wasn't being investigated fairly. it's just very bizarre. >> once the fbi got involved, why didn't notify the white house and congress right away? the questions go on and on. >> don't send shirtless pictur

perform other is far this month a lot of folks starting to feel questionable about the blackberry ten launch in the newr. tablet wars continue to show, apple dominates, according to abi research, ten straight quarters, they continue to be the dominant force in tablets. they are losing market share to android and to some exstent to amazon as well. today, the biggest gainer here on the nasdaq with a monster 41 million shares traded already today r today, acadia pharma, drug trial results positive on drugs to treat parkinson's disease patients who suffer from hallucinations and psychosis. apparently some 40% of them at some point do suffer from that back to you. >> thank you very much. wow, quite a chart to take a look at. >>> our guest now believes the market, will be held hostage until a deal on the fiscal cliff is reached. joe tannious is back with us you can global market strategist at jpmorgan fwunsd $1.3 trillion under management. your sentiment is being echoed by so many very many people on the floor that i talked to and around town, saying that the markets basically are being held hostage at this

new ipad could come a quarter later than the iphone 5s. this paper has had a spotty record for accuracy. >>> they plan to introduce the blackberry 10 platformsimultaneously. they are betting their future on the new line of smart phones. they have struggled over the past two years as its existing lineup lost ground to smart phones like the iphone and galaxy fine. >>> a san francisco church received a thanksgiving windfall on the back of a tow truck. >> how are you? >> the president of aaa helped unload 60 turkeys at the church today. it is the 15th consecutive year that aaa delivered turkeys to non-profit groups in the area. the reverent williams says it is a good down payment on the 900 turkeys they need to year. >> it helps us to not feel like we are left alone and nobody cares about what we are trying to do. >> nobody in the bay area ought to go hungry this year. >> aaa will deliver ten tons of turkey to northern california, nevada, and utah to feed thousands of hungry people on thanksgiving. >>> target is the latest retailer moving black friday up to thursday. this year, they will open their doors at 9:00 p.m. on thanksgiving. target say

blackberry. >> with the new tablets, amazing keyboards. >> i know, i know, eventually.e a quick look at the agenda in the u.s. october retail sales at 8:30. watch for hurricane sandy impact there. also the producer price index. at 10:00, september business inventories are out. at 2:00, it's minutes from the fed's latest meeting. lots of earnings to hear from. abercrombie & fitch, staples and tyco all report results before the open. >>> we'll take a short break. washington is trying to fix america's fiscal crisis once and for all. >> so how will the cliffhanger play snout we'll discuss when we come back. also we'll get the bank of england's inflation report. mervin king is due to sit down at his desk any minute now. >>> welcome back to "worldwide exchange." >> these are your headlines today from around the world. >> the transition of china's top brass is under way as jintao steps aside as communist party leader. the new central committee will name the politburo's inner circle tomorrow. >> cisco posted better than expected first quarter numbers. >> italy on track to meet

researchers tested new and used phones and found some of the blackberry phones have nickel in them, andf flip phones had both metals. none of the iphones or androids testing positive for either metal. >>> another scandal for one of the country's most well-known college football programs. the university of southern california has fired a student manager for tampering with game use footballs. the manager is accused of deflating five balls before the usc-oregon game last weekend. deflated footballs don't travel as fast and are thought to be easier to throw and catch. two of the balls were used during the game, but they did not give usc any advantage. they lost to oregon 62-51. >>> college basketball tips off tonight with some big games for local teams. georgetown taking part in the navy marine corps classic, a spin on the carrier classic. they will take on the tenth ranked florida gators on board the "uss baton" in jacksonville, florida. that game starts tonight. >>> and the terps looking for a big win to kick off their season. they take on the defending champs, the number three kentucky w

research in motion the company behind the blackberry want to make sure they are still in the game. the plan to showcase the first two of their newsmartphones on january 30 at and start selling them in february. this after multiple product delays. still they need a hit to help it compete with the iphone and droids. and google is under pressure from the federal trade commission to resolve its probe in the next few days. google is worth noting has been in discussions with the ftc for about two weeks. and has not been any remedy proposals on the table. this with the ongoing problem whether or not google is abusing its dominant over the internet. some lawmakers think that getting rid of air traffic control towers as a way to help people quit issue in washington. and also we have starbucks ticking off the holiday season with a buy one get one deal. all of that coming up. live at bloomberg headquarters, abc 7 news. >> i think that will be popular. it is 4:38. a school outside with the rain. a 45 degrees. >> a new way to wake up while visiting the latest news, weather and traffic. and you can get our new alarm clock >> we know it can be

blackberry users to make free voice calls over a wi-fi network. a split screen will let them talk and text at the same time. the new feature will be free for existing customers, although the number of subscribers grew in overseas markets, blackberry is struggling in the united states where customers have been migrating to iphones and androids. >> the bay area housing market continues to get stronger. the latest figures show local home sales are up nearly 14% since september and up 21% from this time last year. middle to high end homes are selling the fastest here in the bay area. sales for lower priced homes remain stagnant. >> a recall tonight involving a popular toyota prius. we'll have details plus -- >> an investigative unit exclusive, behind the gates of the california national guard. our report is next. >>> a mother to be dies in ireland after being denied an abortion. why doctors refuse to perform the procedure that could have saved her life. president obama fired up after one of his own comes under fire. >>> the california national guard has long history of helping the state and nation during tough times. >

blackberry... 10...// will e launched... january p0tt../. to... rim's website. the... new operating several... .. blaccberry 10 ...to... closee competitioon.. with apple ...and google..../blackberryy runs on less than perceet f ppple and androod own 90 percent of the market little early for many retailers. retailers.target and toyssr-us are... dding its name to the growing list of companies opeeing to shoppers before black fridaa. target will open its doors at 9 p-m. and toys-r-us is opening at 8 p-m. last ear. k-mart and walmart are among the other ssoree that also announced they're open to shoppers thanksgiviig day. 3&single-servee.. poffeemakers... are... gaining in... 3 &ppopularity... / wants a piece oo the market - patrice sanders explaans... &pconsumer reports just tested the onn from starbbcks... along with nearly tto dozen others. they cost anywhere from 25 to 3-hundred dollars. ((pat on cam))like many peeple who've switched to a singge-serve coffeemaker,,amy perner values tte peed and convenience. (natsot: pod maahine) (sot: amm werner) thhre, pop the button, and go." ((/o)consumer reports tested 21 od o

blackberry. >> first we'll lose fox news. teltelecommunications will be knocked out.e fried. this is an unlikely event, power stations could get shorted out. physicists have estimated property damage at the level of $2 trillion or about 20 times the damage of hurricane katrina these numbers were done by the military and by the american physical society. bill: when was the last time that happened. >> you have to go back to 1859 or so. the carryin car shall carrington event. we didn't have satellites back in the 1800s and we've only had a few cycles with the space-age to worry about. power plants have been knocked out in quebec and other cities because of solar flares that graze the earth. a direct hit, though rare could be catastrophic. bill: this was 150 or 160 years ago and certainly the world is a much different place. >> that's right. bill: what happened then? how did it affect folks on earth. >> telegraph wires were shorted out and you could read the newspaper at night in cuba with the light of the northern lights, in cuba, that's how far the northern lights went.

you have had a bit of news coming across your blackberry. >> walmart says they had the best black fridaycheckers around the country from our firm. we see over 200 stores with slower traffic than last year. where the traffic is, where the deals are. >> why put this up before 9:00 in the morning? you haven't been able to measure what's happened. >> we haven't seen a release like this from walmart ever. >> it makes me wonder about the protests that are taking place. >> how do you compare this year with last year if stores opened earlier this year? >> you have more time this year than you had before. it's still early. where the deals are, it's best buy, it's target. >> are you ready to make calls on how black friday is going to go today? >> black friday has been a decent day so far. the deals will win. i think overall it will be up from last year. it's a long season. >> when do you know in the season? when do you think sometime in december you will make a call to clients saying it this guy is actually doing much worse than we thought. this guy is doing much better. >> two saturdays before ch

do you get enough growth out of new areas, digital products to off-set the softness you've seen in disk drives and also you've been making chips for the blackberry and that's fallen off and hurt your business to a certain degree. are you able to trade off one for the other? >> well, grade question. the storage market is very very important market. if you see the cloud, how it work, the information, the contents, marvell is number one in storage! that's the first market we enter and dear to our hearts. i'm very proud whether or not a disk drive capability, technology, and ast technology and marvell is leading the pack. we continue to drive this. >> i will jump in for a second. solid state drives, drives that don't have a platter, i never want anything to go out the door that somebody says what? continue. sorry. >> it sounds like your strategy now from what you said about digital lifestyle, you have tvs, in-home technologies. are you trying to diversify now because some of these older technologies or other technologies are falling off? >> we actually, as a company, i believe, we're the only semiconductor today, we're the top five semiconductor, on

blackberry 10 on january 30th. it is betting its future on a new line of smart phones after losing major ground to samsung electronics galaxy line. research in motion shares are tanked by about 90% since 2008. and "skyfall" had the best james bond opening ever. raking in amounts of $88 million in his first three days. overseas bringing its worldwide total to about $520 million. back over to you, keith. >> thanks, julia, thanks for checking in. >> we have more now to put on the perfect fall wedding. we're joined by our guest. welcome back. >> thank you for having us. >> we are talking about fall weddings. in fact, this whole week we're doing a wedding for every season. beginning with fall, how do you manage with the unusual changes in fall weather? today, we've got this perfect day to be outside. what about when it's not? >> there's one thing to think about when it comes to the weather in this area. you have to love your outdoor idea but then you also have to love what your plan b is. if you don't love what your plan b is, you're going to see that forever. so make sure whatever you're doing indoors for a ceremony, pla

and research in notion, big gains friday, opens for the blackberry 10, up nearly 12 bucks. and dreamworks, newise of the guardians, fourth for the box office over the weekend. a little disappointing and it's down a little. and knight capital electronic trading firm, investors think they could sell the largest unit to raise cash even though the chief executive plays it. fair and balanced stock, look at that, up nearly 25% in two weeks and the brokerage firm bernstein expects to continue upgrading facebook and putting the price target at $33. it's 25 this morning. and then we have yahoo! goldman sachs adds it to the conviction buy list and it's now close to $19. all right. amazon, the most visited on-line shopping site on black friday, probably will be again today. down a buck at 2.38. all right, the dow is down 82. the socialite paris hilton sparked outrage she opens a hand bag store in the holy city of mecca saudi arabia. here is the question. pure capitalism or another case of hollywood hipocracy? that's next. ♪ [ male announcer ] how do you trade? with scottrader streaming quotes, any way yo

blackberries messenger. >>> the march of dimes released its preterm report card today and it's good news for california families. california earned a b for 2011. the march of dimes says 9.8% or 53,000 babies in california were born prematurely last year. that is down from 9.9% in 2010. march of dimes officials say babies born too early are more at risk for illness and learning disabilities. >> if we can teach women about the importance of health care and in getting prenatal care before they get pregnant if we can get interventions put into place to help women have a healthier baby we can reduce the preterm birthrate. >>> the march of dimes hopes to reduce california's premature birthday to 9.6% by 2020. >>> small aircrafts that were used just last week to help victims of superstorm sandy are now headed to the scrap yard. the army had planned to get rid of the aircraft last year. the small planes are suited for assisting during disasters. >> to be able to get into smaller runways and land that's huge. because you can't pick where you're going to have a disaster. >> reporter: the air force says the cuts are part

the new management team is executing by maintaining blackberry subscriber base and overall this is a have been seeing more recently this optimism on the street around research in motion's blackberry 10 device scheduled to release early next year. a mixed bag on social media stock this year. tiger global disclosed a 9.9% stake. we've seen shares rise just this week with shares of groupon up 30% on the week. a commendable run. and in lieu of black friday and more people shopping online, we're keeping our eye on online players. online sales up nearly 18% on thanksgiving versus last year as of 9:00 p.m. eastern last night. back to you. >> thank you very much. let's shift to bonds and the dollar. for that we go to rick santelli at the cme in chicago. rick? >> hi, david. you know many times holiday markets, you continue whatever sort of lean the markets had. that seems to be true today. the recent lean of equities is better. the lean in treasuries is more selling and pushing yields up and if you look at a 24-hour chart, you can see we're only up a basis point. you can definitely see the tr

blackberry 10 phone. that is huge day for rim. >>> pandora shares rose 7%. comscore released a new measure to measure audiences online and pan door a has 59 million unique visitors. clearly good news to investors there. liz: a change that could affect homeowners coast to coast. everyone knows one of the big reasons to buy a house to take advantage of mortgage interest deduction on your taxes. that formerly sacred and untouchable deduction is on the table for fiscal cliff talks. that costs the government $100 billion a year. you know they're looking at every rock for revenue. it would take buyers away from the house market and it could be devastating to the economy. we have lindsey piegza and dan mitchell, from the cato institute. welcome to you both. lindsey, let me start with you. we shouldn't be surprised everything is on the table here, right? >> sure. but this is a big potential problem. it would no doubt cause prices on homes to fall? liz: to rise? >> i'm sorry. liz: if you took the mortgage deduction it would cause prices to rise. >> we would see prices fall because the deman

blackberry 10 operating system. and motor trend has named the tesla car of the year. it is the first time the pick was not powered by an internal combustion engine. >>> a new study findswomen who have the flu during pregnancy and autism. children born to women who had the flu while pregnant were at least twice as likely of being diagnosed with autism before the age of 3. pregnant women who had a fever for over a week were also at higher risk. researchers are urging pregnant women to get their flu shots. >>> well, coming up, an arizona woman runs over her husband with an suv for not voting. plus nascar's jeff gordon will be writing a very big check over this fight. sports is next. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. two. three. my credit card rewards are easy to remember. with the bankamericard cash rewards credit card, i earn 1% cash back everywhere, every time. [ both ] 2% back on groce