. >> steve liesman joins us with more and paul walsh vice president at weather analytics. steve, how seriously do you think the fed takes the economic impact that this is going to have on the economy, and does it change the way that they do the pull back in economic stimulus? >> i think they take it very seriously. because they really want to know what the underlying trend is. then you have a situation where we have some weakness in the economy, and we don't always know what's attributable to weather and what isn't. because a lot of times with corporations that miss on their earnings, it's a convenient excuse. the same may also go for politicians so we don't know. what we do know we look at the graphics that i showed you earlier that my good friend paul walsh puts together for us. we look at how much colder and snowier it's been than normal. we see unusual data. that makes us think that maybe some of the weakness is coming from the snow. tyler's fact earlier, one in three, it's the greater population that is affected by this that is really the key to what's different about

paul walsh from the weather fx group joins me now on why he fears some harsh winner storms will dent retail. paul, good to see you. >> hey, maria. >> so, the weather we're seeing now and had last month, was it so bad it could materially affect bottom lines, what do you think? >> absolutely, and even going into march. this is the time of year where the weather has a significant impact on spring sales, and last year it was the warmest february/march in 118 years, so we had a really early start to the spring season, and that was very, very beneficial to retailers. going into the season this year, we're looking at a very, very difficult comp. >> so what's -- what is this latest storm expected to be, and what's the biggest impact that the weather has on retailers? >> the biggest impact for this specific storm is going to be for the first week of march. it's going to be a traffic impacter. the good news is by the time we get to the weekend it won't be as bad so we'll be back into relatively decent weather, but it's going to be cold. it's going to be much colder

paul walsh, medical dir. pediatric e.r.nosis you might geta second chance, you might not... it was terrifying a year ago... abby's dad ben avery says the sutter medical used a team approach to help the rest of the family including his other two kids, cope through months of recovery.ben avery, abigail's dad "without them we don't know where we'd be right now.without you we wouldn't have this bonede baby with chubby cheeks, applause...and of course abby's outcome is what the medical team lives for.dr. paul walsh, medical director sutter pediatric e.r. "it's very gratifying, it's so gratifying wo see her growing normal 12 month old because it could have been so different.. lonnie wong "in the coming years, abby probably won't remember this birthday...but you can be sure her parents will...in sacramento, loninie wong, fox 40 news. ( marty ) the doctor now uses that cell video as a training aid... and encourages parents to record their babies symptoms to help doctors diagnose illness.. professor under fire this morning for a twe

joining us now to discuss the economic impact is paul walsh. obal director of weather strategy with ibm services.o paul, thanksch for being with us. >> hi there, guys. >> when do we start to see the o economic impac the stifling heat? >> well, yes, it is a great question because we actually start toee the impact ohe heat before the heat gets here. participate of the reason is because the weather forecasts are getting really, really good and most of usre walking around with a mobile phone, so ee are all expecting it. so peore already planning for this heat. of course, by the time we get into the weekend it is already hot now frankly, but by the time we get into this w be -- we're going to be seeing the hottest temperatures we have seen in several years in the big cities in the northeast, so it will be a very, very significant impact. but it is not going to be as big an impact as itould be if it lasted longer than what we're currently expecting. >> give us an example. i mean people who work out side, out there for be long or, you know, other areas

. >>> paul walsh joins us now to talk more about the snowstorm and the impact he thinks it will have s. he's vice president of weather strategy at the weather company. paul, welcome. good to have you with us. when retailers lose a weekend like this, and many of them will, it would seem, in the mid-atlantic states, do they ever get those sales back? >> yeah, they pretty much do. and typically what happens when you have a storm like this is there are three phrases. the first phase, what i call the forecast factor. literally when predictions of the storm comes out and it basically drives the surge of sales we're seeing at stores now like walmart and home depot and lowe's that are getting masses of people coming in. what ends up happening is they get a huge spike in sales. then when the actual storm hits people are hunkering down, they're not out shopping, but after the storm is over you generally see those sales come back over the next few days. >> paul, the insurers, though, really are on the line for this because this is a massive storm with several components to it. we may have trees

paul walsh joins us. he's vice president with weather analytics, analyzes weather impact on spending trends, and he joins us tonight. good to see you again, paul. welcome back. >> hi, thank you. >> so, how much warmer is it in most parts of the nation than it normally is at this time of year? >> well, across the entire eastern half of the country, it's been, especially the northeast and midwest, which is really where it matters as it relates to national retailers, it's been 10, 15, even 20 degrees warmer than normal, which is obviously very unusual for november and really bad news for department store retailers, as we are seeing. >> yeah, we have seen department store retailers use weather as an excuse in the past, and i say excuse in quotes, but this time it sounds like perhaps there really is a legitimate reason why consumers aren't buying. >> yes. >> will they, do you think, get off the couch, though, as we get closer to thanksgiving and closer to christmas? >> yeah, they definitely will. and there's tw

paul walsh, medical dir. pediatric e.r.f you delay the diagnosis you might geta second chance, you might not... it was terrifying a year ago... abby's dad ben avery says the sutter medical used a team approach to help the rest of the family including his other two kids, cope through months of recovery.ben avery, abigail's dad "without them we don't know where we'd be right now.without you we wouldn't have this bonede baby with chubby cheeks, applause...and of course abby's outcome is what the medical team lives for.dr. paul walsh, medical director sutter pediatric e.r. "it's very gratifying, it's so gratifying wo see her growing normal 12 month old because it could have been so different.. lonnie wong "in the coming years, abby probably won't remember this birthday...but you can be sure her parents will...in sacramento, loninie wong, fox 40 news. (pam) the doctor now uses that cell video as a training aid -- and encourages parents to record their babies symptoms... to help doctors diagnose illness.. (steve) take a look at t

>> well, we gain a great partner with paul walsh and the b spoke team. a solid track record x we're taking a page out of paul's playbook to grow the company through organic growth and acquisition. and we also get almost a billion dollars of capital to make acquisitions. we're excited to continue our rapid growth for the company. liz: paul, the pandemic has really become, you could say, the new spirit of at-home bartending. people started hacking their own drinks, etc. you could look at some of the gains that areas of this sector have really seen whether it's whiskey or it's premixed drinks, it's pretty stunning how much they've seen sales really spike here. but wine in particular, what do you see for the future? because you've got to present to investors an opportunity to scale up. >> well, first of all, if you look at beverage alcohol generally, it's an incredibly enduring category. in my long career, again, you'd have economic blips, and you'd come straight through it. the other thing that's been very interesting about the pandemic is the move to home d

with us is the weather channel's paul walsh.ome depot and lowe's will be beneficiaries of the storm, a lot of people trying to get supplies that they need. >> typically ahead of a storm like this you get a surge in sales at both the home centers as well as the mass merchants. for this storm, similar to sandy, we had very long lead time so we've been talking about the storm since tuesday. that effect is then amplified by social media, and the fact is that this is the first storm in about two years so the impact of that surge is going to be greater than what it would normally be so the home centers will do really, really well. mass will do well. specialty department stores, all of those venues will be hurt by this because people will be spending their money elsewhere and we'll lose a day tomorrow across a big part of the country, a big population center in the northeast. >> and put retailers, who loses out on that? who would you say are the biggest beneficiaries, paul? >> from a sector perfective, the biggest beneficiaries are the

paul walsh stepping down 13 years after he's been in the job. he's been succeeded by ivan manendez. >>> and australia's central bank chops interest rates to a record low while keeping its economy in check. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> welcome to the start of a new week here. "worldwide exchange" was on yesterday, but it's a new week for me. kelly has now sadly gone back -- well, she's in hong kong at the moment, but she's on her way back to the other side of the pond, as well. so i'm afraid it's just me for now. we've got new car sales up 14% on the year in april in the uk. just another bit of evidence suggesting that maybe the uk economy is doing better than we thought and potentially decoupling from the rest of the eurozone if such a thing can happen. maybe. >>> on today's show, we focus in on numbers. we will speak to paul rasmussen from copenhagen. and with earnings out after the bell last night, we have the top picks in the solar space. find out what socks are set t

we're going to talk about what it means for the rest of winter as well with paul walsh and amy farley trip doctor blog. thank you both for being here today. paul, we had all this weather that kicked through the holiday season and a big storm at the end. what does this mean for the retail figures? >> we're still in fiscal december through this weekend. it's really not going to be good. it has negatively impacted the season overall. we have lost basically two weekends. having this storm with the cold and the bitter cold at the very end of fiscal december is not good. retail traffic was done. it's probably going to be a net negative overall. online shopping is going to be spectacular. >> amy, when people are sitting at home, maybe they start thinking about traveling. would it be the ski locations or the sun destinations? >> it's a bit of both. the storms will hold people up on the actual travel days, but it gets people anxious to get out and on the road. ski resorts will see a boost. people will be thinking about going to vale, colorado, lake tahoe. if you're sitting in the midwest and i

let's ask paul walsh, vp of weather analytics and also our own steve liesman.e were trying to make it a little bit light but if coke is saying it's a little bit soggy or cold but yet iceland drinks almost more comb per capita than almost any country in the world isn't that kind of like screw the excuse. two points is that the affect on the warm er weather is differen one place to another. korbnated drinks peaks in q2. gone back and measured the effect of weather on category sales and found that 15% of the variation in q2 of the carbonated drinks can be attributed to weather and now we're in q2 unlike any other q2 and last year was the warmest in 118 years and the driest and this year is almost the polar opposite where it's been incredibly wet and incredibly cold, so there is definitely a validity to what they are saying in terms of the impact of weather on volume of sales. >> what's more important to changing the consumption habits? is it the temperature or precipitation, ie wet? >> so far korbnated beverages, the temperature or the precipitation has a bigger i

bottom half, maryland with the bases loaded, john paul walsh takes one for the club.ch. tied 1-1. brady peer lays down a perfect bunt. scored the game-winning run. moptgomry county, maryland to face japan sunday for the international championship game. after the game last night against the lions, halfway through the spren we have a pretty good idea who locked up what position when it comes to starters anyway except for one, kicker. john harbaugh has a tough call to make about ma to do with billy cundiff. cundiff kicked well friday night 26789 for 2, and this one from 44. also good from 33. but there remains a question how cundiff will truly recover following the miss in the a.f.c. title game. and he's doing his best to make him ponder. more accurate in practice and perfect in the game so far, 50-yarder. kickoffs part of the equation. still too early to call a winner in this race. >> try to tell him we didn't want the ball kicked out of the end zone. we wanted to cover kicks as much as they could. and they were pulling back and took five-yard approaches and still pound

here first on cnbc is paul walsh, the ceo of diageo joins us from london this morning.u with us. good morning. fascinating way the company has positioned itself around the world. you have torrid growth in emerging markets like latin america. well positioned in the u.s. for any improvement here. is the overriding concern still western europe, the periphery there? >> well, i think first of all you're right. we operate in 180 countries around the world. 40% of our sales are coming from the new high growth markets. where we continue to see double digit growth. and we expect that trend to continue. the u.s. is strong. so in aggregate we reported an 11% increase in operating profit and 13% growth in eps. regarding western europe, i think europe is what it is. we shouldn't expect it to change anytime soon. we saw a small contraction in sales but our profits actually increased in europe. we just have to be alert to growth opportunities, to offset what our inevitable structural declines in certain european markets. we believe we can do that. >> all right. sales of spirits, up 12

paul walsh studies business trends for the weather channel. >> snow and rain would be hor fbl it happened on black friday, but this year it looks like retailers will dodge a bullet and we're going to see the worst of this today and really tomorrow so it will be a big travel headache. by the time we get to thanksgiving of course it will be windy and might impact the macy's day parade but black friday will be clear. we've seen through polling there's been a huge increase in the northeast for demand for outer ware as we moved into the first part of november. that sort of bodes well and as long as we can keep the snow and rain away from the weekend, it will be a good sign for the rest of the holiday season. >> paul walsh. that of course is going to be a relief for many retailers that are planning to get a jump start on black friday. kmart, toys r us, american eagles, sears, jc penney, target, kohl's planning to open early on thanksgiving. who's not? costco, bj's wholesale, nordstrom, sacks, lord and taylor, they will be closed all day thanksgiving. and now back to seema moody for a market fla

here's someone who is actually doing something about it paul walsh is the director of weather strategy and ibm global services thank you for joining us, paul >> thank you, becky. >> you know, this arctic cold spell has continued for more than a week. extended cold like this, does it actually end up having an economic impact? like a hurricane or a wildfire might? >> yeah. it certainly does, becky in fact, it's the -- the economic impact actually can be bigger than those kind of events the entire sort of eastern half of the country is frozen right now, and with that, the economy sort of slows down it doesn't grind to a complete halt, but you can imagine, if people are not out not doing the same kind of things they're usualty log they're no spending the same kind of money on the same kind of things of course then there's the impact, the potential damage impact as we heard about, pipes and the impact on the citrus crops and the impact on travel all of those things sort of combine to create this sort of slow-down in the economy. >> you mentioned the retailers i know that around the hurrican

diageo, paul walsh, expanding their presence in india. early movers on wall street, igt up 4.5%. >>> take a look at the dow heat map. disney leading laggard down by 5%. green there, microsoft making a big move. top left hand corner of your screen. that corner there. it is higher, though, right now by 1.25%. >> yeah. looking for -- for various reasons. big time of the year for video games. halo gets talked about a lot this week. we'll see if we can get clarity. we haven't talked much about china. what a coincidence on the second day of their communist party congress we get great numbers on industrial production, on retail sales, on fixed as set investment. shanghai doesn't like it. maybe stimulus less likely? >> as soon as great numbers came out, china fell on great numbers. i think the chinese government wants to get employment back. they want to be able -- they really want to get gross domestic -- the chinese buyers of stocks may be underrating the firepower of the chinese government. i want to go with china not against it. buy china ind

joining us right now is paul walsh, weather strategy and business meteorologist for ibm's global business services paul, thank you for being here today. you know, as a meteorologist, you consult with companies and you try to help them navigate weather events, hurricanes and blizzards this storm was something else. what surprised you the most about irma as you were watching it >> well, both irma and the fact that irma came just a week and a half or so after harvey. two of those kind of events, one like that in a year would be amazing. but to have two of them back to back was just -- and this word has been used a lot the last month -- unprecedented the impact, the size of these storms, the fact that they both hit highly populated areas so the odds of that happening seem fairly remote but when you have an active year and when we have more and more people living in areas that are exposed, these are the kind of things that we can probably count on seeing more of over the next 10 or 15 years. >> people are already starting the rebuilding process but is there a permanent impact on a place like f

paul walsh is at the forefront of helping companies prepare for upcoming weather events. he's the director of weather strategy at ibm global services. paul, thanks for being here. >> thanks, becky >> first, if we're talking about more destructive storms, is this because companies and people are building on floodplains. is it because we're building more expensive properties than we ever did before or is it because the storms and storm surges are that much worse than they used to be >> i think it's a combination of both obviously, the sea levels are rising when you have higher sea levels and storms on top of that, the destruction of the storms is increasing and when you have properties right along the coast, there's more properties at risk, so the problem just compounds itself. >> what we just saw about boston, is that a situation that's unique, or are there other cities facing the same situation? >> absolutely other cities miami, new orleans, norfolk, where the navy is looking very hard at having to move infrastructure >> after all the devastating storms we saw last year, d

joining us right now is paul walsh, director of cognitive weather strategy for ibm business solutionshe's also a meteorologist. paul, it's good to see you. >> good to be here, becky. >> weather impacts retailers in different ways. if you are an apparel company and it's a cool december, that's a good thing, you can sell a l if you're a restaurant company, maybe it's not so great for you. >> exactly, and weather is certainly something investors and business have been talking about and complaining about for a lot of years. in fact, in the investment community they talk about the term the weather excuse. >> obviously, a home depot would want to know if a storm was headed their way so they could get batteries, generators, all kinds of things, but you're talking about much more sophisticated things. what's an example of what you know now? >> for an example in terms of a pricing perspective, the weather is going to impact inventory as it relates to coach. you mentioned coach before. what also is going to impact is how the weather has been trending over the last three or four days. if you had

another 30 business leaders have come again and -- [shouting] >> let me just read the prime minister, paul walsh on the prime minister's business council, not a tory, one of his advisers. [shouting] >> yes, yes. he's probably a tory now. so is half the country. [shouting] >> let's hear what he had to say. and if it is not to decline businesses have been the seat, national insurance is a tax on jobs. let's hear from john egan, former head, how can there be a deception? national insurance is a tax on jobs, pure and simple. isn't the truth is, this prime minister would wreck the recovery by putting a tax on every job on everyone earning over 20,000, a tax on aspiration, a tax in every business on the country? this government would wreck the recovery. [shouting] >> mr. speaker, mr. speaker, it's the same old conservative party. >> order, order. order, order. order. members must calm themselves. there are several weeks to go. the leader of the opposition was heard in the prime minister will now be heard. prime minister? >> once again he said nothing about the future. it's the same old tory. mr. speak

for paul walsh pays the last respects at the funeral of brazil captain midfield legend socrates who died on sunday age fifty seven. and we have been with football as russian titleholders and it's in petersburg are preparing for a winner takes all clash at porto head of cheese days crunch night of champions league action the second those russian champions can afford a draw which would be enough for them to qualify for the knockout stages they are still missing key striker alexander kozak off while the third place portuguese as you rightly champions only a win would see them go through ups porto are still flinching at the memory of september's three one defeat on isn't it in some petersburg and their form has been wavering since the top at all it took over from under a village voice as coach in june. was reported that it is the news that have to do without defender interview or file filled as un-christian rodriguez the dragons are a point behind city in group g. so as we said nothing but they tree would suffice and surprise package after well are already through they're the first cypriot t

another 30 business leaders have come again and -- [shouting] >> let me just read the prime minister, paul walsh on the prime minister's business council, not a tory, one of his advisers. [shouting] >> yes, yes. he's probably a tory now. so is half the country. [shouting] >> let's hear what he had to say. and if it is not to decline businesses have been the seat, national insurance is a tax on jobs. let's hear from john egan, former head, how can there be a deception? national insurance is a tax on jobs, pure and simple. isn't the truth is, this prime minister would wreck the recovery by putting a tax on every job on everyone earning over 20,000, a tax on aspiration, a tax in every business on the country? this government would wreck the recovery. [shouting] >> mr. speaker, mr. speaker, it's the same old conservative party. >> order, order. order, order. order. members must calm themselves. there are several weeks to go. the leader of the opposition was heard in the prime minister will now be heard. prime minister? >> once again he said nothing about the future. it's the same old tory. mr. speak

compass group chairman paul walsh said... 0ur sydney correspondent phil mercer is at the scene — he said what caused the crash. air crash investigators say that their work could go on for many, many months, and their task is immense. in the first instance, they need to retrieve the wreckage of the seaplane that lies more than a0 feet, it is in the crash site. the crash site is a couple of miles to the north of where we are at westhead. the plane came down in a place called jerusalem bay, this is near the town of cowan on the hawkesbury river. as you can see, it is an idyllic part of the coastline. it is relatively close to sydney, but the area where the plane came down is tucked away, it is hard to reach, so of course piecing together the last moments of the aircraft is key to this investigation, so what investigators need to do is to retrieve, to salvage the aircraft to try to piece together, to establish how and why a routine scenic flight could end in disaster. and what, phil, can you tell us about the victims? well, we know that 58—year—old richard cousins was travelling with his two

compass group chairman paul walsh said...lk now to our correspondent phil mercer, who is at the scene of the crash in new south wales. is there anything more that we know today about what might have caused this tragic crash? no, we don't, air crash investigators say their work could go on for many, many months, and their task is immense. in the first insta nce their task is immense. in the first instance they need to retrieve the wreckage of the seaplane which lies more than a0 feet in the crash site, which is a couple of miles to the north of where we are at westhead. the place came down in a place called jerusalem bay near the town of cowa n called jerusalem bay near the town of cowan on the hawkesbury river. as you can see, it is an invalid part of the coastline, it is relatively close to sydney, but the area where the plane came down is tucked away, ha rd to the plane came down is tucked away, hard to reach, so of course piecing together the last moments of the aircraft is key to this investigation, so what investigators

we're joined now first on cnbc by paul walsh. paul, good to see you again.ing a billion euros over the next five years in scotch whiskey production. that's a lot of money to be investing at a time when we hear that the crisis is still raging. >> yeah. actually it's a billion pounds. this will serve to increase our capacity in distillation and will allow us to continue to serve the new consumers in the new markets and continue the attractive growth rates that we've seen for the scotch whiskey category. >> paul, that investment will add something like 100 jobs, maybe add 100 more positions for apprenticeships across the region. good news on that front. sthnt for you twice to save face after that bru-ha-ha of sorts in the local brewery competition just a little while ago? >> oh, i think that is quite an irrelevant versus the magnitude of went out today. i can assure the plans we're outlining today have been in the works for a long, long time. the other thing i would say about the job front is that bear in mind the nature of our business is that for every job we

paul walsh joins us now from the weather channel in atlanta. paul, first of all, can we talk about the snam of this storm? nemo? really? >> i thought that was the name of a boat. >> well, you know, we started naming storms this year. we're up to the "n" storm. it so happened we ended up with nemo. it's kind of cashy. >> and can you tell us about this blizzard which appears to be headed to blanket most of the northeastern u.s. >> absolutely. and it's a very impactful storm and more impactful than it might otherwise have been for a couple of reasons. number one, it's been predicted since probably monday and the coverage of it has been continuing to ramp up. it's targeting very, very big. metro areas, it's impacting probably 50 million people in the u.s. the message has been amplified by social media. and so the discussions around it, the hashtag nemo is taking off and all of that is having an impact on retail. so we're seeing that, of course, that surge of people rushing to the home centers and the grocery stores and i think we're seeing it, reall

here now live from london is the ceo of diageo, paul walsh. paul, you think it's going to be a tough year. aren't people drinking more because they're depressed about the market and the economy or just switching down to cheaper product. what's going on? >> i think neither of those things. i think the numbers that we posted today shows that we're quite resilient. but in many markets we are seeing not treading down, per se, but a switch from on premise to off premise, a little bit of trading down as well. but i think the major factor is we looked to the year ahead, is that the real crisis only hit our company in november. so we still have some very tough numbers to lap in the first fiscal quarter. so we're factoring in that hill as we look at the landscape over the next 12 months. that said, we are seeing some encouraging signs coming through. but, i'll be more content that we have recovery under way when that trend is a bit firmer. >> you know i'm not completely clear on what you're saying about what is going on with the consumer within your bra

you know, this -- paul walsh, the bearer of good news for me, anyway. bad news for everybody else. >> brian, i, too, am scheduled for a turkey trot on thursday which i'm bagging. >> you and me, paul. we'll have a scotch at 9:00 a.m. paul walsh, stay warm, buddy. >> i will. thank you. >>> right now we would like to get to keith carson on what to expect from the weather. keith, you did warn us that it would be warmer today. you did not warn us that it was going to be a monsoon out there. >> yeah, it is quite rainy across much of the northeast today. and it's not that i'm going to skip that story but i'm getting to what paul was talking about. we're watching a storm system wednesday into thursday. so we have to talk about it down here on wednesday morning. down across the carolinas. and will go up the eastern seaboard. that's your freezing mark. in so in general around that and to the west of that is when you're looking at snow. one of the european models we watch is further inland to see the heavy snow off to the west and in through new england heading int

chairman paul walsh saying it was a great privilege to work with him and he was respected for his humanityo-nonsense style. ramy: we will be looking ahead to see if there is any cause of the crash. paul allen, thank you. singapore is going to release its advanced fourth-quarter gdp later today. our correspondent is here to look ahead to those numbers. strong data expected to kick off this year? >> you bet. q4.ty stellar data for in the new year's speech over the weekend, the prime minister said for all 2017 growth, more than double the government's strong 3.5%. a couple of reasons -- global economic recovery that china is gaining momentum. that means more exports. i want to show you this chart. more electronics shipped out of singapore as shown by this blue line, the ip line. recent export and ip data has been pretty strong. looking at 4q gdp later this morning, expectations are for sii want to show you this chart. 1.6% growth on month. that is a lot of room to beat those numbers, but no room for complacency. economic restructuring and infrastructure projects must go on and to ensure futur

at one point they were going to bring in paul walsh.k: bernie lazy on =-- bernie has had some rough times recently. ryan: is going to turn 84 in october. does he need to keep that 5%? he will be around, in a diminished, but still present role. mark: they have a veto about other grand prixs in the middle east. if qatar takes formula one, does that bring forward and went to qatar? ryan: there is such a thing as a gatekeeper. bernie limited the number of venues to 20 to keep it kind of an exclusive bank. there are a lot of countries -- exclusive thing. there are a lot of countries that want to host a formula one race. someone will lose out at one point. whether it is a well-established formula one city or another one, it will get tricky going forward. mark: thank you, ryan. boeing gets their new ceo next week. let's get more on the story from benedict hammel. how smooth is the transition to the new chief executive looking? benedict: they try to orchestrate a smooth transition and it looks like they succeeded. they announced last night that

paul walsh, medical dir. pediatric e.r."if you delay the diagnosis you might geta second chance, you might not... "it's very gratifying, it's so gratifying wo see her growing normal 12 month old because it could have been so different..ben avery, abigail's dad "without them we don't know where we'd be right now.(steve) doctor walsh now uses the cellphone video as a training aid for his staff and tells parents to take videos of strange symptoms to help doctors in diagnosing mysterious illnesses since symptoms often come and go. (pam) let's take a live look outside at s-f-o tonight ... travelers heading into the bay area this weekend will likely be happy about our picture perfect weather.. (steve) our chief meterologist brittney shipp has the bright and sunny forecast gusty northerly winds, especially over the hills, will prevail through this evening before diminishing overnight. high pressure builds into the weekend leading to a warming trend with readings into the 70s and even some lower 80s. dry and seasonably mild weather

paul walsh. time. >> thanks. >>> as much $200 billion of properties in the path of this storm. diana olick joins us from washington with that angle. >> that's just from storm surmg flooding alone. core logic ran the numbers and they are staggering. for a category 4 hurricane, which is this is expected to be. in florida alone, 954,000 homes are at risk of damage with a reconstruction value over $189 billion. in daytona beach, which could get the worst, there are 97,000 homes with rekruk value of -- 138 coastal homes in georgia lie in its path. there, 30 billion. by the time it gets to south carolina, forecasters expect it will have weakened to a category 2 storm, but 124,000 homes are at risk of damage. now, the numbers are considerably higher today than they were when hurricane andrew hit in 1992. florida, as you know, was the epicenter for the historic housing boom and bust and construction there is strong again. more than 200,000 new homes have been built in the decade along the florida eastern

we spoke to paul walsh from the weather channel earlier this morning.t two weeks, maybe a month left of this. how much worse could it get for retailers? >> i think it is worth for retailers. the month of january and february, we're fortunate it's a small portion of their overall sales. they'll have to take markdowns, given that the first hit of spring merchandise is supposed to sell during presidents' day weekend. >> people don't necessarily want to be buying bikinis and resortwear when it is 10 degrees below 0 and there's three feet of snow on the ground. how does the inventory mix look when you go to the stores? is there too much of it, is it the right mix. >> most of the clearance merchandise for winter has been sold through. in the stores there is a lot of the spring merchandise, whether it's the t-shirts, jeans or dresses. it's lighter colors but also a lot of prints and patterns. it's getting into the spring mood with not a lot of winter goods left. that's why we're seeing accessories sell better than apparel. >> you mentioned discounting. will re

> and that's it from davos for the time being but more from industry leaders and in a few hours paul walsh us "world business today" at 9:00 a.m. if new york. 10:00 p.m. here in hong kong. >>> and bill and melinda gates talk to quest means business. that's 8:00 p.m. in berlin, 7:00 p.m. watching from london. >>> now before we wrap things up, a quick preview of what's coming up later on on cnn. taiwan-based next media's animated spin on real news events are a viral sensation on the internet. now cnn's christie lou stout and next stream get the animation creation. they tell us why and he does it on "news stream" here on cnn. >>> and that is all for "world business today." thank you for watching. i'm pauline chu. >> and i'm charles hodson. stay with cnn for "marketplace middle east." we'll here from the country's minister for trade about the desperate need for new jobs and that is next. >>> this week a special edition of "marketplace middle east." sand to snow. we head from riyadh to davos. look at the region's new realities as youth unemployment and rising prices take center stage. the start

earlier on the street, paul walsh told me that the industry will be forced to move higher amid the price that even though pricing will be more challenging. shares are trading lower down by 4%. not alone in raising prices and anheuser bush doing the same thing they needed to compensate for lower sales volumes. will more expensive bruce cause the business to go flatter? david silver is here from wal street strategies. it makes mow sense to me at all. i was talking to the ceo earlier today and he said they too are going to raise prices. that seems like economics 101. you don't raise when the steal sales are slowing and there is a recession. >> you look past when the recession will be over. beer prices have been constandpoint and strong. if you are looking 10 years back, prices have increased. the average kind of beer, 16 ounces costs 1.20. you could never find anything near 1.20. you couldn't even get a soed a. >> you definitely can't get a soda for 1.20. i was just thinking that. when you raise prices, is there a chance ta people substitute brands? when it comes to beer, people are loyal t

paul walsh.eave it there with a happy thanksgiving to you, sir. >> thank you. >>> now, what do kraft, yum brands, general mills and john deere and uber have in common? >>> president obama is under attack. not from republicans but one of the most powerful democrats in the senate. chuck schumer. you won't believe what he's saying about obamacare coming up on "the closing bell." being a private banking client isn't what it used to be. from san francisco to silicon valley, boston private bank works with all kinds of people who are innovating, building, contributing -- individuals, business owners, private partnerships, non-profits, families planning their financial futures. people like you. if you want the individual attention and expertise your financial needs deserve, this is your time. this is your private bank. >>> welcome back. uber reportedly close to finalizing financing to value it between $35 billion and $40 billion. here are some other companies in that valuation range. we suspect you've he

a fugitive on the run for nearly 20 years, featured on "the hunt with paul walsh" has been captured. jackson has been found up, lock, women up in a house of torture in oregon. john walsh described this man as one of his most wanted guys. listen. >> i'm saddened, angry and very surprised that paul jackson's been able to stay out there 23 years. because he's still doing exactly what he did. lepers don't change their spots, these kind of guys. >> paul jackson is still out there victimizing other women. and i don't think he's going to let any of them live to testify against him this time. >> now, jackson was set to face trial after being charged back in 1990, but he then fled and hadn't been seen or heard from until now. of course, joining me now, andrea hood, one of jackson's victims. she was abducted but survived and escaped. also joining me is cnn correspondent boris sanchez, who has been following this case very closely. i can't imagine what was going through your mind the moment you heard they got him? >> when i first heard, i didn't think it was real. i thought it was a joke. i tho

more to the point, here's is paul walsh, vice president of weather analyticth at the weather company. paul, what's the threat here? what's the strategic threat? >> larry, we've done analysis and it's been done in the academic literature that shows when the weather's bad, it generally favors republicans. it's really a function of demographics and being able to get out and get to vote. historically, that has been a benefit. what we're seeing now for tomorrow is that it's going to be raining in northern florida. probably rain morgue than it was in 2000. in 2000 with the gore v. bush race so tight, there are some that say the rain in northern florida might have played a part in the outcome of that election. >> paul, let me just ask you, because i had senator rubio on. i asked him directly about northern florida. i asked him about the panhandle. i guess from jacksonville right over to the panhandle. now, that's republican territory. >> right. >> you're saying in this case, if there's a big rainstorm, the republicans may get washed out. >> no, actually, it's more beneficial for republicans