metro pcs shares are down because of a report out of reuters. people familiar with the situation are saying that sprint is unlikely to make a counterbid to buy metropcs. they agreed to be bought by deutsche telecom and according to the report there's concerns that if sprint were to also go after metropcs, it would complicate the regulatory review of its pending deal with softbank. the bottom line is if you are hoping for counterbid for metropcs, reuters says that's unlikely. david, i'm sure you have views on this. >> in fairness -- >> cnbc said it many times after the deal. >> just reporting why the stock is down today. >> it's interesting. its stock did move up.

reuters is reporting jpmorgan securities and bear stearns are being sued over mortgage-backed securities by the national credit association. this is over alleged misconduct and $3.6 billion in mortgage securities to credit union collapse on losses from those securities. we will continue to follow that story for you. the stock is higher at this point. dennis: stocks now as did every 15 minutes, nicole petallides on the new york stock exchange. nicole: all eyes on washington now discuss the fiscal cliff trying to come to some sort of agreement to make this happen for u.s. taxpayers, americans across the country who are eagerly awaiting a bipartisan decision of some sort end justifies the meeting has brought some optimism to wall street and as result we are seeing the dow up 91 points. focusing on bank of america the top performer on the dow jones industrials. some of the tech stocks are

as the fiscal cliff approaches reuters reports republicans are aiming to vote today in the house on a plan which obama probably says he would veto meanwhile fish has warned the u.s. could lose its aaa credit rating if washington doesn't get a deal to treat what we call economy know this may all feel like deja vu and maybe it will all turn out fine maybe it won't though where do you want to place your bets we'll talk to the daily reckonings eric brian and joe bowman about their choices plus a german study finds paying taxes has a positive impact on a person's subjective well being no word on what the findings would bring in the west but if you are counting on taxation to make you feel like your quality of life is on the up and up state side we'll talk about some other economic options and the opec of maple syrup has been robbed millions of dollars worth of the hot commodity has been stolen from canada's maple syrup cartel yes cartel i said maple syrup cartel and those are not my words that's according to the new york times we'll talk about it in loose change let's get to today's capita

digital previously she was the global editor at large of reuters and the united states managing editor of the financial times she's also the author of the critically acclaimed book plutocrats the rise of the new global super rich and the fall of everyone else she joins me from our new york studios chris you're welcome great to be here and so nice to be a conversation with great minds well you know it's hard felt actually i measure i measure the quality of a book by how many pages i've dog eared marked up in your book is littered with posted notes and you start the book with the story of the party in new york city that was coincidentally at the at the kind of the peak of great riches among the the the robber barons of the robber baron era and also at the tail end of the longest depression in american history two facts that i think most americans don't know can you tell us a story about that party and how and what its impact was. well this is the bradley martin ball and i'm glad that you're singling you know tom because i agree with you that the nineteenth century is not so far away but

or already a very bad reuters story ok well reuters has a generally speaking a rather good reputation anyway this is a very good one and fly to islamist fighters not to the population of being god's true. i don't think so what the satellite saw is even a suicide mission which was by the way the same islamist fighters who attacked the us consulate in benghazi a year later so he was trying to at the time the intervention of nato at least protect the civilians in libya and any family in the region after the bombing started into that conflict well obviously because the actual fact the way back to. your people listen to you let me finish my sentence. ok thank you very much it's obvious that the conflict took on in terms of the gathered intensity after the bombing started simply because the rebels for all the way back from benghazi to tripoli would which is one thousand kilometers so it's a long distance they had to cover i traveled there many times now the population has had the first democratic election there since nine hundred sixty nine the country is slowly along a difficult path it's

going on in muni land the risks the rewards the reality is kate long she's a guest contributor to reuters dot com where she writes the muni land column and i'm so excited to talk about this because i have to say kate we don't cover this ever so i'm so excited to have you here today. thanks so much joy yeah so let's just start with a very big picture and tell us where you are in terms of are you more with team whitney who saying they're still going to be more pain in union land or are going to be more defaults more disasters this is not going to end well or are you more in the camp of those say i'll say david kotok camp who is someone that's been on our show who says meredith whitney was dead wrong ok the key in the land is to do your homework and just avoid the trouble spots that i mean it's a lot of municipal bond in a list that analyzes many many credits at the individual level and then you have the rating agencies and all these folks you know generally feel the land is pretty strong we have weak spots california as you said they've had some structural revenue problems there and there's

actually over a very bad reuters story ok well reuters has a generally speaking a rather good reputation anyway in essentially going well and i had a flight to islam misfires not to the population of benghazi strew i don't think so i said online so is in essence iran which was by no way the same islam is fighters who attacked the u.s. consulate in benghazi a year later so he was right at the time the intervention of nato at least protecting civilians in libya and i've travelled really really in the real i even after the bombing started in that conflict well obviously because the rebel side of the way back all of this is a. more people listen will you let me finish my sentence. ok thank you very much it's obvious that the conflict took on in terms of the gathered intensity after the bombing started simply because the rebels fought all the way back from benghazi to tripoli with which is one thousand kilometers so it's a long distance they had to cover i traveled there many times now the population has had the first democratic election there since nine hundred sixty nine the country is slow

meaning the reuters journalists.ng to the statement, before the apaches opened fire, american troops were conducting a raid nearby when they were hit with small arms fire and rocket-propelled grenades. reuters conducts its own investigation and can find no one in the area who saw any clashes that day. one week later the news organization demands an official u.s. investigation. it also specifically requests access to the apache on board cameras and voice communications. all their requests are denied. the government makes no further comment on the incident until three years later when wikileaks, which had received a leaked copy of the classified video, releases it under the provocative title "collateral murder." >> the video is important in a number of ways. one of them is better scrutiny of how pilots behave when they fire on people. >> they released it in a couple different forms. they released it both in a long form, then a more concise form where the high points, if you will, were highlighted during the incident. t

cockroaches who live there and i quote the colonel gadhafi don't know them and i were going to add reuters that are already a very sad reuters story ok we're writers as i'm generally speaking a rather good reputation anyway and if they're going to go inward and hire fly to islam misfires not to the population of bengal it's true i don't think so what he said online show is in essence iran which was either way the same islam misfires who attacked the u.s. consulate in benghazi a year later so he was right at the time the intervention of nato at least protecting civilians in libya and i've cleverly wryly in the run even after the bombing started in that conflict well obviously because the rebel side of the way back all of this is a. metal cows more people this will let me finish my sentence. ok thank you very much it's obvious that the conflict on and in terms of the gathered intensity after the bombing started simply because the rebels followed all the way back from benghazi to tripoli with which is one thousand kilometers so it's a long distance they had to cover i traveled there many time

reuters cited an administration official, that is all we know, but chuck hagel is on the short list. and the white house says reuters and us plans to announce the new defense secretary and secretary of state, some time over the next two weeks. >> too little, too late; president obama's response to the g.o.p. plan to avoid the cliffally. in an interview with blomberg tv the president said there is not enough time to pull off the republican's proposal that overhauls the tax system and entitlements at tate days from going over the fiscal cliff which is called the series of spending cuts and expiring tax breaks which would be an economic disaster. the sticking point is the call for higher taxes for families, higher taxes on amounts earned above $250,000. everyone gets the tax cut, the first $250,000 is not taxable only but that. the president says, look, i ran on this and i am going to do this. but he is signaling he could be flexible on how high they would go. ed henry is like. this has been out there for a few days. >>reporter: that right. the president had the governors in today and t

reuters was pointing to 96.2, so better than expected. there is no revisions made to november. so we do have a rise for the second consecutive month for the business sentiment index. in germany what you see is a reaction from the euro. we've been trading actually fairly strong all morning. 1.30 to 2.47. it was 1.32 42 before the numbers hit the wires. we have quite a bit of support for the euro because of the s.a.p. upgrade on greece and the situation over there. we'll see also the way the market is reacting. let's have a quick look at what the dax is doing. it's been perky, up 0.15%. trading toward the 7,665 level. >> patricia, this comes at a time when people have been focusing on the strength of the euro. as we're over the 1.32 level you mentioned, certainly member countries would like to see a weaker currency. but as long as the surveys hold consistent with strength in the german economy, we're not likely to see that weakening. >> no. absolutely. and the more we get over the entire question will the euro break up or not, as long as that happens we will have some more suppor

isn't bought by him what would his future be when there's a lot of talk that reuters the thomson reuters international group would look at it it's also possible that it's a prestigious as is the economist there's a lot of things that are very interesting and compelling going on appears in sweden a group which owns it i do think the company has a possible stand alone future i think the bigger existential question is do we want really good journalism or do we insist that everything in our society including every newspaper with the important roles that the me the media have have to make money or perish. international finance expert wolf on the line from new york. missing in u.k. next to tuberculosis is on the rise in britain faster than anywhere in europe a leading u.k. doctor is warning the country will be swamped unless immigrants get blood tested properly doug knows them whether they've got it in up almost three quarters in fact of the people suffering from the disease the people not born in the u.k. . austerity is fighting pretty much every sector and it's a time of year when the n.h.s.

actually over a very sad reuters story ok well writers has a generally speaking a rather good reputation anyway and is then really going well and i had a flight to islam misfires not to the population of benghazi strew i don't think so i said i don't lie so isn't a certain irony which was either way the same islam misfires who attacked the u.s. consulate in benghazi a year later so he was the right of at the time the intervention of nato at least protect innocent civilians in libya and i've travelled really highly in the run even after the bombing started flicked well obviously we got a little side away back off and this is a little help more people will let me finish my sentence. ok thank you very much is obvious that the conflict on and in terms of the gathered intensity after the bombing started simply because the rebels followed all the way back from benghazi to tripoli with which is one thousand kilometers so it's a long distance they had to cover i traveled there many times now the population has had the first democratic election. countries slowly along a difficult path of coming t

cockroaches who live there and i quote the colonel gadhafi didn't know them and i were going to add reuters actually over a very bad reuters story ok we're writers has and generally speaking a rather good reputation anyway necessarily going well and i had a flight to islam misfires not to the population of benghazi strew i don't think so i said a light show is in a certain irony which was either way the same islam misfires who attacked the u.s. consulate in benghazi a year later so he will be right at the time the intervention of nato at least protect innocent civilians in libya and i have traveled many highly interactive i even after the bombing started in that conflict well obviously because a little sad the way back all of this is. more people listen will you let me finish my sentence. ok thank you very much it's obvious that the conflict took on in terms of the gathered intensity after the bombing started simply because the rebels fought all the way back from benghazi to tripoli with which is one thousand kilometers so it's a long distance they had to cover i traveled there many times n

matthew toole, director of deals at thompson reuters.hank you very much. >>> still ahead on the show today, it may or may not be the apocalypse, but are disappointing results for blackberry the nail in the coffin? >>> welcome back to "worldwide exchange." a setback between the white house and congress as house speaker boehner's plan fails with just ten days left before the fiscal deadline. ars lon milths and skanska add to the number of companies announcing major write-downs. >>> and with just 40 minutes to go before the purported end of the world, there are reports of panic buying around the globe as the mayan calendar clicks down. >>> the futures are pointed lower. the dow jones industrial is headed about 100 points lower at the open. it remains to be seen in trade wlg those declines will hold. the cnbc ftse global 300 shows off about .4 mers on that index overnight. we have seen consistent selling across the major bourses in europe. the ftse 100 was down 1% just a few minutes ago, now pulling back to just below that level. but the xet

reuters consensus is a little higher at 93,000. the unemployment rate expected to hold steady at 7.9% and economists say the slow down in nonfarm payrolls will reflect the effect of sandy. joining us this hour is bank of america merrill lynch global research senior research economist michelle mire and we'll talk through everything that's been happening through jobs and what to expect. but first, there is a developing story. an earthquake off the northeast coast of japan triggered a tsunami warning. the warning has been lifted, but it was a 7.3 quake. so far no reports of any injuries or damage. it was for the same area devastated by an earthquake and tsunami back in march of last year. we will continue to bring you any developments. in the meantime, steve has some of the morning's top other stories. >> let's start with the markets. asian stocks rallying to 2012 highs overnight. the nikkei edging lower after hitting a se hitting hitting a seven month closing high yesterday. european trading, shares seem to be fwllat. bundesbank anno

. >> scott, we just got some updated numbers for reuters. we can report that at least 10 people have been killed and 46 injured in three separate car bombings in and around baghdad area. in one of the bombings, a family of seven, there was a bomb that went off near their home. all seven died. in a separate one, just south of baghdad, to the people were killed and one person was killed north of baghdad as well. nobody has taken responsibility for these attacks. according to ap, officials in baghdad say that this possibly could be the work of some sort of extremist group. we are working to get some more information on this story coming in from iraq. back to you. >> we will check back in soon, jimmy. 29 degrees 4:46 is your time. we will show you how loved ones are remembe >> 4:49. police are investigating a deadly shooting in southeast d.c.. this happened early sunday morning. the victim has been identified as 23 road angelo payne. he was shot in the upper body. this follows another shooting, darnell rivers found in his car on saturday. there

and that extends to the other stations up the coast. >> reuters is now quoting saying tokyo electric power has ordered workers to evacuate the fukushima nuclear plant. would that be a standard procedure or not? >> we're checking in with them. my guess would be a precaution. because there is a tsunami warning out. but it would be nothing of the magnitude of last year's tsunami and i doubt that it would affect the plant. having visited the plant myself. >> and we know the damage that happened last year. how has that left the -- how has it changed their approach to an earthquake and tsunami warnings? >> the first serious tsunami warning for a while, but whenever there's a quake, they're very quick to show people-will-to check the plant, check everything and assure the public that things are find, they have generally been fine. should be said, of course, the plant is still in a precarious state, so they're always at a height ended level of alert or so they tell us. >> when you say precarious state, explain what that means. >> precarious in the sense that it doesn't have a proper cooling

host: we of an talking with david ingram are reuters. we appreciate it.e will and a few minutes early today, because the late senator daniel, his body has just arrived at the capitol. he will lie in state. these are live pictures outside the capital. this is the hearst that is carrying his body and casket. people lie in state for the entire day from about noon until 8:00 eastern time. here comes the family. this feeling will be open to the public. the congressional leadership will make remarks at 10:00 this morning. c-span will be live with this coverage on several of the platforms. the house will be in at noon today debating the fiscal cliff. we take you to live coverage of his lying in state.

david brown the president of thomson reuters ip solution. a lot of u.s.of south korean companies, one country surprisingly missing. >> that is correct. china, actually is missing from the list this year. realistically, part of the index that we created to identify the most prolific indicators in the world is based on a proprietary methodology that, in essence, also rewards global friday. if you have an innovation that has value, then it should be covered throughout the world. chinese innovators do not tend to file outside of the country. tracy: that is what it is. they are keeping it all to themselves. we have been talking about that apple, samsung patent war lately. it has to be the people, too, right? >> sure. from an innovation standpoint, there are lots of ways to innovate. we felt we could use intellectual property information and financial data to correlate who is successfully innovating and what result is coming from a. we are focused on the tangible income. tracy: a lot of american companies all made the list for the first time this year. how come

a little bit better than the reuters poll of 48. new orders pmi at 49.7. again, better than the 47.7 in october. so manufacturing activity shrinking less than expected in november for the uk, although the sector is still in a pretty precarious state. orders still in contraction territory, as well. so let's get reaction to that. sterling steady at 1.6045. when you were at the bank of england, what did you place on these numbers? >> month to month blips we tried not to pay attention to. so you cross check the movements over time and what other data points you've got. something like this where it's been above forecasts a couple times in a row and where a number of other indicators including the revised gdp are looking pretty good, you begin to say, okay, there's something here. >> there's a bit of a disconnect between the pmis and the hard data. so how do you define the truth between those two? >> on the consumer side, it's actually a bigger divide than production. the manufacturing pmis and hard data actually at the time to correlate pretty well. but you hav

reuters says one american service e e e e e e e e e e e e. a suicide bomber rammed a car filled with explosives into an armored vehicle near the perimeter of kandahar airfield. the attack took place less than three hours after u.s. defense secretary leon panetta left the facility. it is unclear if the incident is connected with the visit. panetta met with afghan president hamid karzai on thursday.e e e e e e e e e e e visiting the country to map out its future, following the withdraw of nato-led combat troops by the d d d d d d d d d rising death tolls are reminders of the instability of the country ahead of the planned transfer of security to the afghan government. we havavavavafafafafafafafafafaa the country has high hopes for the future of its railway system. currently there is only a singl. t the are post-war reconstruction by a a network linking afghanistan with its neighbors in central asia. nhk world reports from kabul. >> reporter: afghanistan railway started service earlier this year. the 75 kilometer line runs between the northern c

reuters reports that singapore airlines is planning to sell its 49% stake in virgin atlantic. sources say delta could be stepping in to buy, which would give delta access to virgin atlantic's hub at london's heathrow airport. due to heathrow's high volume of flights, many airlines are interested in acquiring space there. the bank at the center of the worldwide interest rate rigging scandal is in talks to reach a settlement. switerzland's largest bank, ubs, may wind up paying a record fine of more than $450 million for allegedly manipulating the libor. libor has to do with the interest rates banks charge each other for borrowing costs. regulators from around the globe are said to be questioning financial firms such as jpmorgan chase, citigroup and hsbc in connection with the libor rate fixing scandal. trying to limit damage from the phone hacking scandal that engulfed his news of the world paper, rupert murdoch is speeding through the split-up of his media empire. in june, murdoch announced that news corporation would split into two, separating publishing assets from the more l

that is according to a reuters report.e is entering its 8th daa the local clerk union for them fights for jobs they say are being threatened by technology in the future by the way. the protests are causing a near shutdown of the nation's two busiest ports and nearly one billion dollars a day in economic damage. joining us is christopher lytle, executive director of the port of long beach and give me reaction to the news that we're hearing that the mayor is talking about federal mediation right now? >> i think that is really good news. the obviously, the parties now for a long period of time haven't been able to reach a conclusion, a resolution to the problem. i think the addition of the federal mediator is a very, very wise step. melissa: you are in the man in the middle here. you're sort of the man in charge of the ports as you're watching these two sides battle against each other. on the one side you have the clerks union and it is depending which report you look at, 6 to 800 people who do a lot of clerical work at the p

according to a new reuters poll, 30% of respondents said they shopped on thanksgiving, compared to 29% who said they shopped on black friday. while not a significant difference, it does point to changing attitudes about holiday shopping. still to come, friday fun with traders unplugged. this time around, traders tell you if oracle is a buy. and will this week's bonus round question be a piece of cake? but first, are unions the answer for workers from restaurant staff to car washers fighting for higher wages? ♪ [ game announcer ] will he dunk it? yes, he will. [ male announcer ] mcdonald's tender, juicy chicken mcnuggets in creamy ranch and spicy buffalo sauce. just $4.99 for 20 of your favorite chicken mcnuggets. ♪ [ game announcer ] will he dunk it? yes, he will. [ male announcer ] more ways to love mcnuggets. ♪ "fast food forward" and "our walmart" are among the organizations working on behalf of low wage workers. the groups want better pay and better working conditions for employees. bob bruno, a labor and employment relations professor at the university of illinois at chicago joins

reuters says one american service member was killed and three others were wounded. a suicide bomber rammed a car filled with explosives into an armored vehicle near the perimeter of kandahar airfield. the attack took place less than three hours after u.s. defense secretary leon panetta left the facility. it is unclear if the incident is connected with the visit. panetta met with afghan president hamid karzai on thursday. the u.s. defense secretary is visiting the country to map out its future, following the withdraw of nato-led combat troops by the end of 2014. rising death tolls are reminders of the instability of the country ahead of the planned transfer of security to the afghan government. we have another story from afghanistan. the country has high hopes for the future of its railway system. currently there is only a single line in operation. but there are plans to drive post-war reconstruction by building an extensive railway network linking afghanistan with its neighbors in central asia. nhk world reports from kabul. >> reporter: afghanistan railway started s

. >> the video, handed to the reuters news agency, was shot somewhere in north waziristan, close to the afghan border. a deputy denied persistent rumors among military officials of a split. >> our position of individuals and as an armed group is as strong as ever. we have proved our strength in the northern borders. >> the appearance of the video follows three attacks on in northern city this month alone. the group targeted the military section of the airport. it killed a senior politician and eight other people, and kidnapped 22 provincial security forces. the attacks highlight the pakistani taliban's ability to strike hopeful -- high-profile targets considered well protected. the government has struck peace deals with the taliban had before. in 2009, it gave the group control of a valley less than 60 miles from the capital. six months later, the military launched an initiative to push them back, and u.s. from strikes continued. washington continues its unmanned air force policy, which often kills civilians. culberson says it wants pakistan to rewrite its laws and constitution to confo

reuters says eight u.n. staff members have been killed since the uprising began in march of last year. >>> the iranian military says it has captured a u.s. intelligence-gathering drone in its air space. but a spokesman for the u.s. navy's 5th fleet denies that claim. iran state-run television network aired footage showing what it says is the unmanned air craft. iran's revolutionary guard missiles say it captured the drone after it entered the country's air space over the first gulf. they said the aircraft was engaged in reconnaissance and gathering data. they released no details about the aircraft. a revolutionary guard commander says the u.s. has attempted for many years to attack iran from the persian gulf, but iran's ability to intercept aircraft has improved. >>> the pressure is rising at the united nations conference on climate change. the meeting ends in four days. but delegates have yet to reach a deal. they hope to hammer out a new plan for reducing global carbon emissions. now ministers from more th

. >> for more on today's finance, i spoke to felix from reuters, who joined us from new york. a is by words and -- by far the worst offender, but it is not the only one. can we expect more revelations? >> we can expect more. a dozen or more involved in one way or another, and u.b.s. was working in concert with a number of brokers, so this is a huge scandal, and so far we have only had the dell's from two banks -- barkley's and u.b.s. and -- had details from two banks -- barclays and u.b.s.. what we thought was a scandalous tale, u.b.s. is making it look like nothing, so who knows what might be coming next? >> we hear a lot of jargon, but what does this mean for us? what impact does it have on our ability to get mortgages and car loans and things like that? >> basically none. the manipulations were small. traders would make for a rate go up or down a bit, just a few hundredths of a percentage point. that could make millions of dollars in trading. , so what they did is they made your mortgage a little bit more cheaper or a little more expensive. it probably even out. in the end

that poll is done by reuters and find among the sing elf groups blamed 27% -- single group blamed 27% say republicans 16% say the president and 6% hold congressional democrats responsible. the largest number polled respondents 31% say both sidesfor nome coming up in a compromise and as a result those who spoke out yesterday are less optimistic about a deal being reached. >>i don't know time wise how it can happen now. >> here we go once again at the end of the year staring at crisis we should have dealt with months ago. >> senate majority leader says a deal is not likely the house is ready to act on anything past in the u.s. senate. boehner called house members back for an emergency vote sunday. but with the two sides at an impasse, over tax increases the vote will likely be ceremony and coming up this morning at 5:30, we are going to look at newunless released from towson --numbers released from towson to let you know how it will affect you. some numbers are alarming and we have stories posted at abc2news.com and go there for more on the congressional debate and its possible impact.

enormously from its original conception now on w e has told the likes of reuters and the f.t. that it is in talks with. the australia's largest energy for also another part in. its statement however this will make the the biggest shareholder but it will do very little i think to push forward the prospects of the group to actually being built i will not broker was promoted for such a long time as a key element of europe's energy security you've got the backing of washington of brussels what has gone wrong why is it not being built the european energy market has fundamentally changed before the financial crisis in two thousand it was assumed that there was going to be a gas deficit that shortages would come in since two thousand and nine it's become clear that those deficits going to be pushed back by several years not just because of the crisis you also need to consider the gazprom is pushing ahead with south stream which is also going to. bring in rival capacity set to lose out to south stream on the basis that it is far more the just could be logistically complex as. capital

reuters reports more than 10,000 homes have been totally destroyed across dozens of provinces. officials say at least 530 people are still missing. fallen trees and debris are blocking roads and bridges, and emergency supplies have been slow to reach many devastated towns. >>> afghanistan's intelligence chief has been seriously wounded in a bomb attack in kabul. the taliban has claimed responsibility for thursday's attack on the close aide to president hamid karzai. the incident underscores questions about the afghan government's ability to maintain security. hideki yui has the story from kabul. >> reporter: national khalid was at a guest house to welcome when he became the target of a suicide attack. khalid is a close aide to president karzai. he began his job in september. karzai announced the attack. he said khalid is being treated in hospital. >> reporter: the inter-agency spokesperson says the attack closely resembles the one used to assassinate burhanuddin rabbani in september 2011. rabbani was imam charged with negotiating peace with the taliban. his death was a major se

a study by roisters shows that a-- reuters shows among the groups blamed 27% say this falls in the laps of republicans 16% say president obama's fault and 6% say it's the responsibility of congressional democrats. the largest number this is important 31% of respondents say the whole thing is both parties fault and the president's. also megan this morning we have posted a number of stories at our website abc2news.com. go to there for more on debate and see the numbers as to how it could affect you. >> news time 5:36. >>> while lawmakers continue to talk about the fiscal cliff one man has decided to take action and that's because he is fed up with the country's debt. now, while it's not going to solve all the economic problemswe have, he says it's about making a point. we see what this man is doing. >> reporter: in his unheated garage, 85-year-old man is working to fix the fiscal cliff one can at a time. how much money have you sent the government? >> a little bit over 3,000 dollars. >> reporter: 3,197.88 to be exact. all tracked on a handwritten ledger. the last three years, garcia has b

also we're getting word there's been a bombing just crossing the wires, reuters report dozens have been killed and we'll give you more on that as we get it. >> in new delhi india, they're breaking up protest. demonstrators are calling for the death penalty for six men accused of gang raping a female student and through her from a bus. the protesters don't believe officials will follow through. right now that victim is fighting for her life in a new delhi hospital. >>> the mother of u.s. marine veteran is speaking out. her son finally heading home after four months in a mexican prison. this took my breath away yesterday. jon hammar this, marine who honorably served us in iraq and afghanistan was arrested when he went to mexico on a break. he happened to bring with him an heirloom shotgun and filled out but he was arrested by police. thrown in this jail cell and chained to this bed for four months. his parents were asked for bribes after they received this photo. u.s. officials put pressure on the government. a court there deciding to let him go. he flew to the border with his attorney an

reuters reports more than 10,000 homes have been totally destroyed across dozens of provinces. officials say at least 530 people are still missing. fallen trees and debris are blocking roads and bridges, and emergency supplies have been slow to reach many devastated towns. >>> afghanistan's intelligence chief has been seriously wounded in a bomb attack in kabul. the taliban has claimed responsibility for thursday's attack on the close aide to president hamid karzai. the incident underscores questions about the afghan government's ability to maintain security. hideki yui has the story from kabul. >> reporter: the national directorate was at a guest house to welcome when he became the target of a suicide attack. halib is a cross aide to president karzai. he began his job in september. karzai announced the attack. he said halib is being treated in hospital. >> reporter: the agency spokesperson says the attack closely resembles the one used to assassinate rabbani in september 2011. rabbani was a man charged with negotiating peace with the taliban. his death was a major setback for

the nasdaq agreed to buy a unit of thomson reuters that concentrates on investor relations and multimedia services. the price was $390 million. it was enough to push nasdaq shares higher by 3.8%, leading the financial sector. fellow exchange operator n.y.s.e. rallied 1.6% in an otherwise lackluster broad market. health insurer aetna expects both revenue and profit to increase next year as more of the health insurance reform law goes into effect. but aetna's brighter outlook didn't necessary transfer to other health insurers. aetna rallied by 3.2% to its highest price since april. cigna shares gained 1.6%. a company involved in a different kind of insurance, among other businesses, is warren buffett's berkshire hathaway. the firm increased it's stock buyback program. the berkshire board okayed a $1.2 billion buyback. these specific shares come from the estate of what the company called a longtime shareholder. the company said it was willing to pay 20% over book value to buy back its stock. that's twice the limit it previously set. that increase helped push both the "a" and "b" shares of be

weakens the political center and gives a lot of power to the sick to all parties ultra-orthodox to reuters right wing extremists and so on and in fact the sooner it becomes a hostage to these marginal groups the reason new democracy there's more in the ritual crissy the minority rules over the majority. another problem is that because government ministers change so often they can't plan. today a minister in for an average of one year until he understands the position and creates a vision of the long term planning he's no longer there. is no longer the what many of these people want is a complete overhaul of the system but parliamentary elections slated for early next year israelis are bound to see yet another round of deal making between parties who make up the next coalition but they told us is running thin with latest figures suggesting more than half the population is unhappy with its government's performance points here r.t. tel aviv. as promised kaiser report still to come here on our team stay with us. in his secret laboratory tim curry was able to build a new most sophisticated robo