leslie picker in for scarlet fu.ndan greeley has our morning must read. >> we been talking about how we inflation number and how that became gospel among central bankers. this weekend in "the new york 2%ow a a piece on inflation target became economic gospel. it started in new zealand. "what if it is wrong?" there it is. anjosh, are you in favor of 8% target? >> not in the near future. hindsight is 2020. 80's and 1990's, inflation was too high. about how 4%lking would jumpstart the global economy. with core inflation, which we invented post arthur burns, are we going to go back to forgetting about core inflation and looking at topline inflation? i don't think they can do that. >> you have to talk about headline invasion. -- headline inflation. nominal interest rates versus real interest rates. the fed is focusing on long-term inflation. to get to the 2 percent number, the genius of it is that it is not scientific. it is so simple. it avoids the false precision of pretending there is something magical. >> is it a simp

professor pickering had a young harvard man doing that work for him, computing.his maid could do a better job. and so professor pickering fired the harvard man and replaced him with his maid. wilamina fleming who did a better job, even without the benefit of a college education. she actually turned out to be so good that she was eventually appointed curator of astronomical photos, photos which are the raw data sheets with which they have mapped the universe. after being dazzled by fleming, professor pickering then hired only women as computers. to manage his team of computer, he hired annie cannon who was born on this very day in history in 1863, which is why she's being celebrated today on her birthday with today's google doodle. well, a google doodle seen around the world is not nothing, but like most women in science, annie cannon has never been given enough credit for her work. annie studied physics and astronomy at wellesley, a women's college not far from harvard. annie's mother actually got her interested in astronomy. annie's parents fully supported her e

pickering memorial highway. mr. president, we're thinking of brandon's family as i recount his story for my senate colleagues, including his mother tammy moore, his father david pickering, his grandfather thomas pickering and many other beloved family members and friends. brandon was laid to rest with full military honors at the alexandria cemetery in alexandria, kentucky. his tombstone bears the words -- "live a life worthy of my sacrifice." tammy has some final thoughts on the words that mark her son's grave. people should think about that, not just for my son but for all the sons and daughters and the ones in the past. she says what people have sacrificed to keep this country free, freedom isn't free and is not cheap. it comes at a high cost, and we all have a responsibility to each other and to this nation. mr. president, i couldn't agree more with tammy moore's thoughts, and i want her to know that this united states senate certainly does recognize the responsibility we have as a nation to honor and always reme

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when it is delivered to the picker, it is there. when we were previously processing orders in an hour or an hour and a half, our fastest times are down to under 15 minutes. amazing. >> you have been at this for about six months. i would have to imagine there is of learnings amount you are going through in terms of that is actually going to help us with -- what? what are you learning the most about? >> three big pieces with the system. one is the capacity expansion. it is about getting more selection available locally for customers in the same footprint. in this building, we are getting 50% more product per square foot of space versus our previous generation. this is a function of the catacombs don't have to be reachable or the library? >> exactly. because the system does not need walkways for people, you don't need the intermediate handling system and you get more density of storage. there is very few aisles. you are always welcome. > your pickers are not 6'5". talk about the location of the facility. it is very interesting to me th

leslie picker with us in for scarlet fu, who's on a panic right now. let's get to our top headline. >> you got me to put on a tie. >> you look so christmasy. >> i will never go bow, tom. the dow, 18,000 and counting. the dow continued its remarkable surge yesterday, spurred by a blockbuster report on g.d.p. data shows the u.s. economy grew the most in the third quarter since 2003. the index climbed more than 5.5% over the past five days with the biggest rally since 2011. another fatal police shooting near st. louis, missouri. a man was shot killed outside a gas station after an officer conducting a "routine business check" believed he was threatened with a handgun. police say an investigation is underway and that the dead man's handgun was recovered at the scene. bierk leave is located about two miles from the town of ferguson. that's where the august shooting death of michael brown caused weeks of protest and sometimes violence and unrest. former president george h.w. bush has been hospitalized in houston. the 90-year-old bush was tan by ambulance and

when the product is delivered to the picker, it is immediately there. they are available to go on the way out. where we were previously processing orders in an hour to an hour and a half, our fastest times are down to under 15 minutes. >> amazing. you have been at this for about six months. i would have to imagine there is a tremendous amount of learning you are going through in terms of figuring out oh, that can actually help us -- with what? what areas are you learning the most about? >> three big pieces with the system. one is the capacity expansion. it is about getting more product, more selection available locally for customers in the same footprint. in this building, we are getting 50% more product per square foot of space than we were in our previous generation. >> this is a function of the catacombs don't have to be reachable or felt like a library? >> exactly. because the system does not need big aisles or walkways for people, you don't need the intermediate material handling systems and you get more density of storage. as you can see back ther

brendan greeley, leslie picker in for scarlet fu.enjoying all of february reporting from the cayman islands on alibaba. >> this is actually hong kong, tom. my morning must-read comes from charles lee, the chief executive of the hong kong exchange, and he wrote a unique note to santa, ac suite executive writing a note to santa, and his exchange alibaba listed. they did not get alibaba because they have strict corporate governance. a special dear santa, guest was planning to come to stay with us, but he is excited to have a party is someone else's house instead. he was asking for some pretty major reservations to make room for his arrival, and we just could not change our house that fundamentally without consulting everyone in the neighborhood. what he is talking about is the renovations at the hong kong exchange are that partnership structure that alibaba has, that ability to nominate a select group of individuals that made it certain decisions that do not have the same powers as the rest of common shareholders. positions --f provisio

earlier leslie picker caught up with the lending club ceo on the floor of the new york stock exchange and asked about relation in the online lending -- regulation in the online lending industry. >> our customers benefit from the consumer protection banking regulations. the fair lending act, reporting, truth in lending. all of these regulations apply to us, the same way they would apply to a loan made by a large bank. >> so does lending club represent the future of banking? for more, i spoke with our ipo reporter leslie picker, editor at large cory johnson, and the founder of the leading site funding circle. we asked if the term peer-to-peer lending is a misnomer with institutional investors getting more involved. >> one of the most exciting developments over the last 18 months has been the institutionalization of the market. you have active markets with a whole mixture of retail investors and large institutions. we are really excited about the -- >> you have huge names behind this company, everyone from larry summers to john mack. there is talk this could take on the traditional banki

so to me and, you know, i think you got to be a stock picker in this market. but one more quick comment. this was not a euphoric year. i don't talk to anybody. and. >> i wasn't suggesting it was. >> i know you weren't. but the optimism is not there. there are enough negative data points. >> i'm not hearing from any negative people at you will. are you bullish into to 2015? yes. it may be -- but it's not bearish. >> paul, happy new year. seal you no 2015. >> what a rough day for energy. what does that mean for the sector as it limps into to 2015? our next guest says consolidation and he's here to tell you what. and how to play the names that went from worst to first in 2014. and after a record year for ipos could 2015 be even bigger. and it's already getting crazy in time square. a lot of people there already. hope they are happy with their spot because they can't really move. right? female announcer: it's time to make room for the new mattress models! during sleep train's huge year end clearance sale, get beautyrest, posturepedic, even tempur-pedic mattress se

michael picker serves brown as an advisor on renewable energy. his appointment to the puc needs legislative approval still. picker would succeed michael peevey, who is at the center of allegations of back channel dealings between the state commission and pg & e. >>> in san jose, police say arson is suspected in three separate car fires. they happened within 90 minutes between 11:30 last night and 1:30 this morning. the first happened on baskin avenue. the second was a few blocks away on lee avenue. the third fire broke out on yorba buena road. >>> there are new details tonight in the hunt for the killers of an english teacher in oakland. he was gunned down two days before thanksgiving while on an afternoon walk in huckleberry regional preserve in the oakland hills. at a morning news conference the east bay regional park police announced a reward for finding the killer has been increased to $25,000. a family friend read a message from the widow, nancy. >> david was a warm, kind and gentle man who was a teacher, an education journalist, a leader in

there's been lots of public reports of the ambassador pickering did a 600 page review of this. that's public. the dent of justice found no wrongdoing. getting westerners and americans hurt. >> rose: we conclude with the conversation of cuba with william leogrande and peter kombluh. >> at the very beginning for the u.s. to coexist with fidel castro's revolution. we had an ambassador who worked very hard in 1959 and 1960 to see if he could findÑi common ground for co-existence. that didn't work. bonds were broken. after the missile crises there was an opportunity because the cubans were upset with the soviet union and president kennedy opened secret channels to see if there was a possibility of normalization. that dialogue ended with kennedy's assassination. >> rose: mike rogers, william leogrande and peter kombluh when we continue. >> rose: additional funding provided by: >> and by bloomberg, a provider of multimedia news and information services world wide. captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> rose: joining me n

when they come, we want you to have the picker sticks because they will have picker sticks and will chant for you to come out. they want you to go out and hold the picker stick. happensno, i think what is when they, i will go out the back door and get in a hole . woods.ame is jackson i am from honea path. i lived there the past 75 years. it took a lot of courage for you grandchildren to bring us a breath of what happened. all i know, -- you are grandchildren, argue? you in relation to mr. dan? oh, you're the one. i'm here to talk about the scrap. some good things came out of it and bad things came out of it. i wasn't there when the strike went on. as the young man set over there, his father was about 15 or 16 years. i was, too, but not there. five years later i started to work there. under the hammocks when they were voted up. i started working there. when i started working they told us to keep our mouth shut. that is what we did. we did not talk about it. we knew what went on. i think the man that you worked for their was one of the shooters who became the superintendent of the mill abou

speaking to the "los angeles times" the new president michael picker will make public safety the topity. picker was named by the governor brown this week and tells the "los angeles times" he will create a p.u.c. field investigative team with more power to issue fines and penalties. >>> state health officials are wanting the public not to eat a brands of carmel apple that may have been contaminated with listeria. it has sickened 29 people in ten states and may have caused the defendant a santa cruz county woman. the missouri based happy apple company issue add recall on wednesday after one of the suppliers reported a possible link to listeria. the family of the woman filed a lawsuit against safeway as she died of the infection possibly from a carmel apple she bought at the store. >> bay area movie goers stood in line to see a movie many admitted wasn't on top of their list but this want the point. the point was to see "the interview." they packed bay area theaters including in san jose where all shows sold out. it started an international incident with north korea that led to sony get

if confirmed by the state senate, picker will replace michael peavy who has been the upc president for the past 10 years. peavy is stepping down after pg & e released e-mailing showing the utilities influence with a judge hearing the case over gas transmission. >>> the fda is lifting a ban on gay men donating blood. gay leaders are unimpressed by this latest move. >> reporter: we're in the castro district which is filled with people who cannot donate blood. current fda regulations forbid any man who's had sex with another man in the previous 37 years from being a donor because of the risk of hiv transmission. now the fda is looking to lift that lite time ban but the pro -- lift that lifetime ban. >> we're really happy to see that the fda is recommending a change to their lifetime defer -- deferral. >> just to be very, very clear a significant majority of gay and bisexual man will still be completely prohibited from donating blood because people are people and people have sex. and to expect people not to have sex for a year so that they can donate blood is ridiculous. >> reporter: super

bounty, the no-quit picker-upper. >>> apple getting hit today.ay 'move to the down side be the end of that trend? joining mess is steve mincer. gene, great to see you. >> hello. what are the catalysts that could actually help this stock? >> just the holiday selling season. investors have been tracking the inventory of iphones. if they remain tight throughout the quarter, i think there will be greater expectation about a guide up in march. >> a lot of people have talked about there aren't many catalysts. what do they need to do? what do they need to do? is what they have enough? >> i think what thefz is enough. i think that's fresh in investors -- it's not just about -- they're looking at the full year of 15, and thinking about the tough comps in the back half of the year. i think they're going to show the size of their market opportunities spech that half of the cell phone markets are greater than 4 inches. so there's a big part of the market that they haven't 257d into. the way this plays out is the sustainability i believe will last beyond the

>> when you see happening is the job of the picker at most amazon facilities -- >> it is pretty brutal. you walk into a facility like this and you can see how hard people work for the money they make. whether it is walking 10 miles a day or standing at the station and picking stuff up and throwing it in a bin, it is hard work. the job is very different when you stand in one place and get more done. >> i want to get our guest post for the hour, steve sadove. you have used those robots before. >> we had those robots before amazon bought them. we weren't one of their largest clients. -- we were one of the largest clients. it is amazing technology. the technology enables the picke r to do the job quickly. you pick nine orders at a time and it is absolutely terrific technology. >> well, it is terrific technology -- cory, go ahead. >> the biggest change for the company's capacity. they can cram twice as much stuff in a facility like this. you see those massive investments of tens of billions of dollars in capacity, especially as they get much denser, to use the oil and gas turned it they get

again, with a public report by ambassador pickering. they do not need to know this granular detail that will be used by counterintelligence services of our adversaries and terrorist groups like isis to propagandize against americans. >> president bush was opposed to the release. in the last several days, doesn't want to see the cia made a scapegoat, he said. >> candidly, i agree with him. i will tell you why. that thesewe have to questions answered, rightly so. there has been a review. active. is already at we have debated about this. week,id not happen last over a decade ago and was ended because of the public debate and america saying that maybe it was too far even after 9/11's folks ane empowered by law to have enhanced interrogation program to save american lives. i think it would be wrong to put in the next generation of cia officers at risk to prove a point that we've already made an already agreed will not happen again. dennis was my biggest concern is. >> is there any evidence that this cia lied or misled the president during th

the byproduct of that for people who are trading stocks, it could become more of a stock-pickers market. in general, the market is going to have to trade lower. >> the materials sector is down more than two percent. and then within energy i'm just wondering because i'm sure people at home are thinking could this be a buying opportunity. we've heard time and time again that the equities move faster than the commodities. >> maybe what we're seeing in commodities and the particular in oil, we're seeing the unwinding of a fed bubble here. we know they're considering language that would move toward rate hikes sooner than expected. what i'm really focuses on right now is where does this go from here. we know we've seen this in a high yield narcotic. where does it go next? are we going to see some defaults, some sovereign defaults, these countries that are very leveraged to credit prices. it leads to me to financials in a way. because really if you think about every mess that the world has been in from an economic standpoint, banks have been right at the center of it. >> what's your trade. >>

the long lasting picker upper toothbrush... sweater... extra sweater...eadphones, sleeping mask... oh, and this is the xfinity tv app. he can watch his dvr'd shows from where ever he wants. hey. have fun, make some friends. alright. did i mention his neck pillow? (sniffs pillow) watch your personal dvr library where ever you go. with the x1 entertainment operating system. >> the house of the 113th congress went out doing what it does best. fighting viciously and shutting down the government? that too. but the other thing they do. sneaking in a slew of special interest provisions draft bide lobbyists that nearly stopped the bill in its tracks. some liberals were calling a gutting of the dodd frank reforms. it was written by citigroup lobbyists. they show the same language copied from the draft and inserted boy congress to the final bill on the right. gerald nadler of new york came face-to-face with the decision and voted against that bill. congressman, tell me why. >> it was a terrible bill in many respects. the two special interest provisions, the so-call

they carry pods around to human pickers. who grab the items they need. >> thereabout like nfl line in their 350 lbs. and their fast and superstition in the past may have taken an hour and half to get to the system but now we get it in as little as 15 minutes >> last year on cyber monday. customers ordered nearly 37- million items from amazon. special tribute to the late actor, robin williams by a bay area artist. pete fecteau created a mosaic of the comedian -- using six hundred re-purposed rubik's cubes. he did it with help from a portola valley student. the artwork was auctioned off for more than 44-hundred dollars. the money will be split between the american foundation for suicide prevention and st. jude's children's research hospital. tonight - we learned that the buyer has worked with robin williams over the last 20 years. >>jacqueline bennett rain is on its way after old today and you can see it heading off shore along the san mateo coastline you concede lightning strikes in that area you can see the motion of the storm and this will be key to how

you have to be a stock picker. sector -- >> correlations are they lowest level in years. you have to be a stock picker and use techniques. focus on the losers. focus on how you're investigating than how much. >> i still remain bullish on retail. charles: all retail. what about the bottom, mattel, urban outfitters, some of these retail names getting slaughtered, looking pretty good. >> we're getting closer to the holidays. you'll see a pop in stores like urban outfitters. you'll see that bifurcation of the retailers. on the higher end there. charles: a lot of the tweets today. i'll get back to you. you guys are doing the better job of breaking the internet than kim. i knew that jonathan hoenig was an -- he loves dick tracy. hey, jesse. you were fantastic. thanks for watching us. thanks for joining us. if you can't see the show, dvr it. you won't want to miss a money of "making money." i've been hot this week making money. i'll tell you who has been hot. he was on the set earlier. lou dobbs. lou: good evening, everyb

picker with the fire department guys. it's kind of almost like a group hug. when my feet touched the ground, my hands in the air, i shouted hallelujah. i jumped around, you know, and did a little jig. >> brian and daryl believe it's nothing short of a miracle. a higher power watching over them on those power lines. >> when god wants to move in your life, he likes to do it in a manner that you are certain that it's him. >> daryl says if he is going to fly with brian again, one thing's for sure -- >> i make sure when we land we have four tanks. we going to have extra gas. >> brian hooker believes his survival was nothing short of a miracle and it appears his harrowing flight was worth it. after meeting his girlfriend's family, the couple was married and now they have their first child, a baby boy. they tell us they are shooting lots of video. if you have a video you would like to send us, logon to our website. caughtoncamera.msnbc.com. i'm contessa brewer. that's all for this edition of "caught on camera. >>> don't touch me

. ♪ >> he's a bone picker. that is good. it's really rich. i really love saki. okay to drink saki warm. >> some are made to training warm and some are made to drink nice and chilled. >>> i like the one with the biggest hit. this is really good. good invention. morey moto, chestnut street. congratulations. i like it. ♪ >> it looks good. >>> all right a popular south philadelphia restaurant recently added brunch to their menu. >> mike jerrick takes look what's new at nord. >>> i am at a hot corner, 11th and tasker in south philadelphia. look at this. you got cheiral lows on one corner. the park on that other corner and now you have nord-n-o-o-r-d on this corner of 11th and tasker and the owner and chef john carlos here. >> hi. >>> how are you. >> good to see you man. >> noord is dutch, right? >> it is. you dutch. >> i am. >>> you grew up where? >> in southwest philadelphia. >>> southwest filly. >> yeah. >>> i love the place because it's so simple. almost amsterdam isth. >> is that the idea. >>> that's correct. >> it's all about the food and the service. >> i love

better to be a stock-picker because the money has been made going indexes etf style. kramer, rich edson, thank you very much. on that we call it a rap. >>> ameritrade releasing the list of most held stocks by investors here. number one might come as no surprise. number five is facebook. the stock hit an all-time high this month. number four, microsoft. that stock seeing a massive 28% rally this year. coming in at number three, bank of america. number two, general electric? he said with a question. the stock is underperforming this year. it is down 7%. at number one, apple. up almost 40% this year but they're building that new headquarters. watch out. you know what they say when companies build new headquarters. >>> we hit a lot of milestones in 2014 to dow 18,000 so what will 2015 bring? we'll ask one of the smartest mind on the street next. >>> takata hits the brakes on management. will a shake-up in top level executives be enough to turn around the company's recent bad pr blunders? you will find out next. >>> look, daddy. every time a bell rings an angel get his win

. >>> governor brown appointed michael picker toç:Ãrun cpuc starting next year.ack in january after serving as a renewable energy advisor to the governor for five years. peevey had inappropriate communications with pg & e. his last day will be december 31. >>> a milestone today for the dow jones closing above 18,000 points for the 60rt time in its history. revealing that ecoéooy grew at a rapid annual rate of 5% in the rapid an&háhp &hc of 5% in the fastest pace in more than a decade. >> the plan to lift a ban. >>> what gay men will be able to do for the first time in three decades. >>> let the camera role, the change at heart at sony pictures that will have this film playing at a theater near çóyou. also. >>> she's pushing us off the road. >> ac:l terrifying drive, they they were chased and run off the highway. what happened next. >>> yes she's pushing us off the road. she's coming for us. put itÑi in reverse vanessa. >> cellphone video capturing the fear of two young women of what was a case of road rage saturday in placer county. the passengers described that

very often the dartboard was more accurate than the stock-pickers. >> don't forget the monkey's picksid: bingo. >> when all said and done -- >> index funds. >> index funds throughout history but when markets dropped 50% like in '08 and 80 to 90% in 2000 not sure i want to be in index source. david: that is what jack going bell says. >> what gary is saying that the monkey can do job of thousands of financial as advisors. i get index funds and ride the recovery after the fall. david: that is not what he said exactly but good advice. >> everybody puts words in my mouth. >> appreciate it, gary kaltbaum. rick unger, "forbes" senior political contributor and fox business's adam shapiro, thank you all. liz? liz: whatever money you make maybe you spend it on travel. about 45 million people are expected to travel this holiday season of the as the economy picks up, more people are finding the cash to travel to resorts around the world. next, we have got one luxury hotel company which is betting big on its future. >>> plus are you a college grad still struggling to find a job? when seattle start

the long lasting picker upper ♪ ♪ you've been part of this family for as long as i can remember. just mean so much to all of us. the holidays wouldn't be the same without your crescent rolls. we got you a little something. we got you jeans. it's about time. pipin' hot pillsbury crescent rolls. make your holidays pop! [ female announcer ] holiday cookies are a big job. everything has to be just right. perfection is in the details. ♪ pillsbury cookie dough. make the holidays pop! ♪ that's how it goes whenever it snows. ♪ ♪ the world is your snowball just for a song. ♪ ♪ get out and move it along. ♪ >>> finally tonight, turns out you can make a pretty penny on ugly clothing. i'm not talking about the weird fashion forward gear they make the models wear on the runways. i'm talking about ugly, cheesy, corny holiday sweaters. they are big business now, apparently, and here's abc's ryan owens. >> all right. one, two, three, get ugly. >> reporter: from jingle bells to pom poms. there is no garnish too garish for an ugly christmas sweater. >> sold! >> it's my christmas sweater. >> reporte

a cherry picker is right here. let's talk to elaine. she's a picker and she knows.to get everything? >> it shoots into our scanners, our scanners tells us the location and description of the item we grab it and put it on the tote for the next location. >> reporter: it's easy for you to find this? >> yes. >> reporter: how quickly can you go between a couple of the items? >> it takes less than a minute. >> reporter: that's what elaine is doing here today to show you how the shelves look and how crazy it s you can see how big everything is here, too. this is a massive space. this is scott and he's with amazon as well. explain, because i'm not doing a great job of explaining it myself. why is it so random on the shelves? >> we want to make the most of the space that we have. we have hundreds of millions of products to store on our shelves. so that's why we put things at random because we can fit a lot of different things on the shelves right next to each other. if we had all of the same thing, we wouldn't be using our shelf space efficiently. >> reporter: during the hol

the long lasting picker upper >>> finally tonight, turns out you can make a pretty penny on ugly clothingi'm not talking about the weird fashion forward gear they make the models wear on the runways. i'm talking about ugly, cheesy, corny holiday sweaters. they are big business now, apparently, and here's abc's ryan owens. >> all right. one, two, three, get ugly. >> reporter: from jingle bells to pom poms. there is no garnish too garish for an ugly christmas sweater. >> sold! >> it's my christmas sweater. >> reporter: on "modern family" and bridget jones' bow. the new ugly sweater is uglier than ever before. but if you think this extreme seasonal wear is just for laughs, think again. now, more little guys expect to make big profits. jeremy turner considers himself an expert in kitschy christmas couture. he opened this dallas popup store and has a jingle on youtube. turner says he's on track to sell out of merchandise this season. nearly 10,000 sweaters. >> if it has anything that's 3d, like, my shirt has a beard. >> reporter: the more crap hanging off it, the better. >> yeah. >> reporter:

. >> reporter: curt pickering is urging everyone who thinks they may have damage from the august 24, 6.0 quake to register for fema help by the monday deadline. >> that way if you don't get anything you haven't lost anything. but what if you may have gotten the benefit and you have self- eliminated a grant or loan possibility. >> reporter: the local assistance center will remain open but fema will close its operation at the end of the day monday. getting assistance isn't limited to major damage like this newly renovated house that slipped off its foundation. >> i thought it was for major damages not for small appliances. but i got a little letter in the mail and i found it was for things like that. >> reporter: simple things like a new refrigerator. >> it'll be very helpful if they help me. >>> new details tonight on how "the interview" is doing in its unusual release. the controversial film earned $19 million from down loads. the seth rogan and james franco is an independent film. the battle of five armies ruled in the theater raking in $45 million for the weekend. other hot tickets

is one of the situations that demonstrates if it's a stock picker's market, it's hard to pick the right ones but value bets, probably a good trade. >> the dow acted poorly with bad headlines like mcdonald's but we've seen call activity, like fast and options action segment and rumors like bill acman will get in. it acted poorly, good yield and brand. >> the dog you would like. >> maybe the potential catalyst. we don't trade off rumors. >> somebody big is getting in there. >> >>> coming up, kramer dies amid the sony shock wave. and plus, could eharmony fall in love with wall street and the people behind your paychecks? coming up, final call from the action. >>> good time for a treat. sean asks spots about doing a vertical on gld as the gold volatility has come in. >>| i think that's the way to do it. i think gold next year, gld add 115. probably trades 100 before 130. with options define your risk. after march if you're listening, the 115, at the money 125 call spread cost you about three bucks, a third with this spread. >> final call, last options with carter. >> province and netflix, g

the long-lasting picker upper. and now try new bounty nfl prints, available at walmart. >>> number one in just 60 seconds. ♪ ♪all day and all of the night - the kinks♪ ♪all day and all of the night - the kinks♪ yoplait. with a smooth and creamy taste your whole family loves. it is so good all the time. >>> there is breaking news and for that we go to the abc news desk. >> the head of indonesia's national search and rescue agency has said at a press conference that the debris spotted today in the java sea is very likely to be from the airasia flight that went down over the weekend with 162 souls on board. officials reporting three bodies have been retrieved from the water. we turn to our chief foreign correspondent terry moran. >> reporter: it's day three in the desperate search for airasia flight 8501. day three of the deepening mystery surrounding a plane that seemingly vanished carrying 162 people on board, including 16 children. now the search is ramping up expanding in the waters of the you've have a sea, growi

the governor named michael picker as the commissioner. current president michael peavy announced he would not seek reaappointment. that announcement came between allegations between the pcuc and pg & e. >>> you can say it was the story about loss but not loss of hope. we first told you about the story of a family who bought the seat of their mother only to get the wrong seat. >> and we were there as one fan opened a box and got something she never thought she would get. >> i'm nervous. >> no fancy bows or wrapping paper but in this plain brown box -- >> oh. it's a little faded but it's nearly exactly the same. >> reporter: the gift of memories. >> last time we saw it was last game at candle stick. >> reporter: on that game, leane and her brother wrote a message on the seat that was their mom's since the stick was built. mom, this will always be your seat. their mom died four years ago. >> my brother thought it up. he's the poet i suppose. i could never think of writing something that sweet on it. >> reporter: that message turned out to be

the governor has appointed michael picker to be the agency's new president. >> catherine: he's been a p- u-c commissioner since february. >> catherine: he's taking over an agency that has been roundly criticized for having a "cozy relationship" >> catherine: with p-g-and- e. >> catherine: at a time when the utility was under fire for the gas pipeline explosion in san bruno and trying to influence agency rulings. >> catherine: picker's appointment must be confirmed by the senate >> catherine: a big battle is brewing between some music industry heavy weights. and you-tube. >> catherine: we'll tell you what's at stake -- ahead at 5:45. >> catherine: and next. how an egg nog drinking contest landed one man in the hospital. >> grant:baby on board. >> grant:not the way it's supposed to go. >> grant:a woman in iowa.with her highway in his work van.delviered her own baby.sitting upright. >> the baby is crying. >> is your wife ok? >> yes she is ok, she is ok. >> we are lucky. she is beautiful and healthy and so is my wife. >> grant:arielle rose was born four days early.an ear;ly christmas giof

. >> these boxes each hold more than $5,000 of ginseng, but from local pickers from $500 to $700 a poundnd sold to consumers for farmar. this plant is too young to pick. you pick it at this stage, it won't reseed. some poachers pick it. a digger could get $40 for this, but it could be worth thousands by the time it reaches markets like korea. prices lured newcomers, coal miners and poachers on private and government land. several states now limit the season to prevent over harvesting. >> all this is ginseng that was dug prior to season, and sold. >> during two weeks in september in west virginia alone, natural resources officers confiscated more than 190 pounds of illegally dug ginseng, worth $180,000, grown in one of the few you clients on earth that can sustain it. >> kentucky's got the right soul. it might be god planted it, gods gift. the economy around here is poor, you know, but if you just work at it and keep trying, you'll come out. >> here in poor but proud appalachia, many are happy to get by grom gifts on the soil. al jazeera, big creek, kentucky. >> in hong kong, a mad cram b

it's higher, becoming what we call a stock picker's market. the price earnings ratio is higher as the market goes higher. >> viewers are salivating. they can get a 20% return over the next few days. you have apple at the top of the list. why do you like apple at $113 and how high is your target? >> apple has all the characteristics of a company that we look for, i'm sure everybody understands why apple is a great company because we have the products. but iphone 6 and 6 plus doing way better than what analysts think as well as the launch of the apple watch. my opinion is that this will be a blockbuster product and none of the analysts have also modelled in what the earnings will be for this in the first quarter and second quarter of the year. between blockbuster sales of new products and continued just great christmas season for ap e apple. should trade multiple, which means with higher earnings and higher, i would say opinion of the company, we expect the shares to also move higher. >> like disney. bob biegers already got this. setting records

robert is saying there is some snow isn't glenmoore and he shows us a snowy picker. bird feeder covered with snow this afternoon. some places in chester county picking up 2-inches of snow over the past couple days. if you would like to be an eyewitness weather watcher we would love you to join our team. just sign up by going to cbsphilly.com/watchers. >>> outside our cbs3 studios here in center city philadelphia we are seeing a few snow showers, nothing sticking to the ground but on those grassy surfaces. on storm scan3 you can see this last band moving through. it is pretty vigorous, it is relentless and it is not really letting go. you can see right here in reading through places like montgomery county, a snow burst of sorts that's leaving some accumulation through pottstown. less than a half inch expected with this and it's moving towards the southeast through norristown and even into places like chestnut hill, glenside and it should be out of here within the next couple of hours and then we'll be drying out finally. you can see some of our snow amounts. in hambur

what's the by-product of that for people trading stocks in it could become more of a stock-picker's market because there will be companies at least in the united states that are going to see incremental benefits. but in general the market is going to have to trade lower because earnings on the whole for the s&p are going to go low officer will we saw big moves in today's session in particular in the materials sector which is down more than 2%. we're finally getting these miners and steel names being affected by these moves and within energy, i'm just wondering because i'm sure people are at home thinking could this buy b a buying opportunity? we've heard the equities move faster than the commodities. you're laughing but i talk a look at these names and they've been battere >> maybe what we're seeing in commodities and particularly in oil, we're seeing the unwind of a fed bubble here. we know quantitative easing is over. we know that they're considering language that would move towards rate hikes sooner than expected. what i'm focused son where this goes from here. we've seen in the the hig