or is it an issue specific to sears? >> you look at the other retailers they've been stagnant in a tough economy but they've been pulling through. competitors such as home depot and lowes are making it. >> tom: that's jon anselma.. of paragon financial, a lender specializing in factoring. that's lending money to a supplier while that supplier waits to get paid. he works with about 90 small- to mid-size firms and says balance sheets are still weak. >> many companies have suffered losses the past few years, stagnant growth, and due to that their balance sheets have weakened, and therefore they're unable to get traditional bank financing, however factoring companies are still a good source, since they're reliant on not just their balance sheet but really just the accounts receivables for their monies. factoring was founded in the u.s. garment business decades ago, as cash-rich financiers funded garment makers with money needed to make goods for sale to a retailer in exchange for a portion of the proceeds from that sale. her

plus save an extra 10% off all appliance brands with your sears card. think again. sears.umber #1 in appliances. i took some steep risks in my teens. i'd never ride without one now. and since my doctor prescribed lipitor, i won't go without it for my high cholesterol and my risk of heart attack. why kid myself? diet and exercise weren't lowering my cholesterol enough. now i'm eating healthier, exercising more, taking lipitor. numbers don't lie. my cholesterol's stayed down. lipitor is fda approved to reduce the risk of heart attack and stroke in patients who have heart disease or risk factors for heart disease. it's backed by over 19 years of research. [ female announcer ] lipitor is not for everyone, including people with liver problems and women who are nursing, pregnant or may become pregnant. you need simple blood tests to check for liver problems. tell your doctor if you are taking other medications, or if you have any muscle pain or weakness. this may be a sign of a rare but serious side effect. [ man ] still love that wind in my face! talk to your doctor. don't kid

four sears finalized. we'll keep you posted. >>> four men locked you have tonight after a bar fight. the men are accused. he later died from his injuries. michael grimes, john, and two sons jonathan roebee. all four are being held without bond. >>> a u.s. man from maryland dies serving his country. 24-year-old matthew of westminster died in afghanistan. he was assigned to an air force base in colorado. police are looking for a driver in a deadly hit and run. both died from their injuries. police tonight are searching for a gray compact car in connection with that crime. >>> the nation's first primary is on the way. the gop candidate debate was just finished and was heated. with manchester, new hampshire with the latest. >> reporter: the gop candidates showed up ready to spar. rick santorum had more air time and attacks. >> you're a big spender. you're a big government conservative. santorum and ron paul went against the debt. newt gingrich overspending americans. >> i personally resent the comments he make

and an extra 15% off all appliances with your sears card. sears is that thing getting closer?t thing's going. look out there, look at the debris. all right, give me the camera. no, just drive. i've got it. zoom in! zoom in! i can't believe this is happening. look at the size of that thing. it's everywhere. are you getting this? yeah, i've got it. what was that? it's the national guard. how'd they get here so fast? i don't know. pull over! pull over! do you have what it takes to head into the heart of the storm? check out nationalguard.com. >>> and as we say good-bye, we asked you send us your wishes and resolutions. for the new year. for a special edition of your three words. the song is "this is the new year." >> we want to say this is a very special edition. it includes a big thank you to the people who get this show on the air seven days a week. we salute them. happy new year, everybody! ♪ ♪ another year you made a promise, another chance to turn it all around ♪ ♪ ♪ and i will give the world to you ♪ ♪ ♪ the role we play is so important, we are the voices of the underground

it's not over, it's the sears after christmas event.enmore appliances. 10% off whirlpool and kitchenaid. and an extra 15% off all appliances with your sears card. sears >> bob: scoreless first period in the fifth annual bridgestone winter classic from citizens bank park in philadelphia. the rangers and the flyers, philadelphia had 12 shots on goal to the rangers' nine. the period ended with the flyers on the power play until the waning seconds. they weren't able to catch it. your impressions of the first 20? >> mike m.: the flyers edging that period. no question. they seemed to have the wind at their back most of the period. the rangers have come a long way, bob. there are a lot of things about this ranger team you've got to like. certain elements you could see in that first period that struck a chord with me. first of all, this is a tough new york rangers hockey team. they go toe-to-toe with anybody. they are led by brian callahan who lays a body on giroux. they block shots. they are one of the top shot blocking teams. they have one of

before he died - sears told police the suspects were two men wearing masks ann dark clothing.y handed out lyers in the community. they've ppt up 8-thousand dollars towwrd a 10-thousand dollar reward for information. 4310 ggeg was kind and loving perron .... pauses... and we just waat to find out. we need to find out 20 sears''pregnant wiie was actuallyyupstairs inside the home when he was killed. she first child... eleven days s later. myranda stephens, fox45 news at 5:30. a wwman ii sentenced to life in prison without arole for killing er co-worker at a bethesda yoga shop. shop.brittany norwood wws convicted of first degree phe lululemon athletica shop back in march 2011.prosecutors say the victim, jana muuray, was stabbed and blunggoned hundreds of times. norwood initially toll police that the closing the store.... but later confessed. a former corrections officer innprince georgees charges... stemming from an -&y in ewwyork city, accused of y - faiiing to alert emergency workers after finding an ccll.... back in 2008.the white was jailed for running down prince george's cou

. >> they bought this new washer drier from sears.nd the yim was ready to move into the place. until... disaster struck. >> a quarter until midnight there is a phone call saying that we're flooding the unit below us. i thought, we're not there. >> they rushed over and found a puddle under their new washing machine. tiger says water leaked through this wall under the floors, and into the unit below. >> it wasn't -- we hadn't done a load of laundry and it's already flood oogt couple contacted sears and the store replaced the hose on the washer. that stopped the leak. however, their new home was already damaged. they had to pull out a wall, the stove behind it, and the bamboo floor covering the first floor. repairs costing nearly $30,000. >> you've got a new place. and you can start moving in except wait, wait. have you to replace the flooring. >> they did move in but it was a tough way to start a new life. here, furnitures pushed to one side. second floor served as living or dining room and tiger says sears won't pay for damages until d

put it in a pan and get a good sear on it and some oil, nice hot pan. when we sear it, we lock in all the juices and the flavor of the meat, so when we braise it, all that stays in and it doesn't leak out in your cooking liquid. >> this is not an expensive cut of beef. >> no. it's a great piece of meat because it's very economical but it has a lot of flavor. it's really one of my favorites to do. so once we have a nice sear on it, we want to take that out of the pan. we take our red wine from here and put it into the pan, cook it down with some onions and some mushrooms, about 3/4 of the way, and then we put the short rib back in. what you'll have is this pot here with the red wine and some veal stock or chicken stock, put that in a 275-degree oven for five hours. >> five hours. >> until it's nice and tender. you don't have to check it, don't fuss over it. just let it be and it'll come out all wonderful like that. >> and tender. look at that. >> i'll pull that right off like that. >> you gave me the recipe, it's on jchayward.com. so you can prepare that

sears which owns sears and kmart disagrees with the action and has ample liquidity and resources at itsng a month earlier. the chain is looking for more than 70,000 seasonal workers to get an early start on flower, fertilizer and grill sales. targeting people who want to upgrade their home living experience but don't want to spend big bucks. all this as the housing market continues to suffer. realty track says banks may seize more than a million u.s. homes this year that would be a huge jump, almost 25% more than last year after a lull in for closures because of the legal scrutiny over their business practices. at the new york stock exchange with the bloomberg business report. >>> google has renewed its push in and looking to expand its web search engine operation there is. the company scaled down its presence in china two years ago after a confrontation over censorship with chinese authorities. the "wall street journal" reports google is hiring more engineers, salespeople and product managers in china also working to introduce new services to chinese consumers that don't require sensor

and sears holdings is down 4.25%. basically suppliers of sears not getting loans from cit, the firm wants more financial information. take a look at the dow. off the lows at one point. i thought would go positive. now down 37 points. american express, jpm, so financials we talked about that midday turn-around. but what i want to focus on is what's at the bottom. the real drags are exxon and pfizer. exxon, the cap ex is just unbelievably large. that stock down 2%. pfizer down 1% right now. solid numbers. but this is yet another company, i want people to be aware of this, as the dollar's gotten stronger, a lot of u.s.-based companies that do international business are going to get hurt. u.s. steel was an absolute dog last year. the materials sector has done extremely well. down 54% last year, and up double digits this year, and up another 5.5% today. strength in steel. bill, over to you. >> brian, thank you. let's look to the treasury prices now rallying again. rick santelli is in chicago with the details. >> yeah, defi

sears.gn condensed schedule most experts nba schedule would lead to a lot of injuries and include derrick rose among the walking wounded a strain in the big toe on his left foot sustained the injury last night against minnesota and a scuffle for a ball day-day c.j. watson and richard houbolt and also injured chicago bulls signed veteran guard mike games to add depth. opened the injury will heal quickly. >> it is a pain tolerance injury a sprint and a sprained had a lot of treatment normally responds well to treatment it is what it is i think every time somebody gets injured it is smart to kind of monetary this how many games we are planned at top best they are recovering cannot have it become worse later on >> in the meantime it john lucas the third got to start a four point guard against washington and desserts came off fire in a coast-to-coast 25. cam at kyle quarter also came up big here with a three-pointer leading by 8 points at the half. the blizzard to a terrible * get set up for the

craig never got to see his child. >> reporter: in the early morning of january 6th, police say sears was in his driveway in the 8,000 block of ian's alley, when two masked men shot him. >> it hasn't been determined whether this was targeted or random. but we believe it is a robbery. >> reporter: as family members gather to remember him, they are offering a $10,000 reward for information leading to an arrest. >> that is why we're releasing the reward information. so no other family has to go through what we're going through right now. >> it's not something that happens to people you know or people who aren't involved in shady things. >> reporter: sears coowned a company that helps children and parents receive medical assistance. his family says even in death, he'd want to help others, to catch the killers and make the community safer. >> he was my rock. and... i just don't know what we're going to do without him. >> and if you have any information, call anne arundel county police or metro crimestoppers. you can remain anonymous. >>> efforts to remove half a million gallons of steel fr

. >> they also bought this new washer-drier combination from sears.he store sent a delivery crew to install the machine and the couple was ready to move into their own place until disaster struck. >> quarter to midnight we got a phone call saying that we were flooding the unit below us. i said we aren't there. >> they rushed over to the condo and found a big puddle under their new washing machine. tiger said water leaked from the washer through this wall under the floor and into the unit below. >> we hadn't even done a load of laundry in our washing machine and it's already flooding, flooding our unit and the couple below us. they contacted sears and they replaced the hose on the washer. that stopped the leak. however the home was already damaged. they had to pull out a wall, the stove behind it, and the bamboo floor that covered the entire first floor. repairs costing nearly $30,000. >> you got your new place and you can start moving in but, wait, we have to replace your whole flooring. >> they moved in but it was a tough way to start a new life. her

. >> they also bought this new washer-drier combination from sears.e sent a delivery crew to install the machine and the couple was ready to move into their own place until disaster struck. >> quarter to midnight we got a phone call saying that we were flooding the unit below us. i said that's funny because we aren't there. >> they rushed over to the condo and found a big puddle under their new washing machine. tiger said water leaked from the washer through this wall under the floor and into the unit below. >> we hadn't even done a load of laundry in our washing machine and it's already flooding, flooding our unit and the couple below us. they contacted sears and they replaced the hose on the washer. that stopped the leak. however the home was already damaged. they had to pull out a wall, the stove behind it, and the bamboo floor that covered the entire first floor. repairs costing nearly $30,000. >> you got your new place and you can start moving in but, wait, we have to replace your whole flooring. >> they moved in but it was a tough way to start a

weeks later the couple received a wedding gift. $29,700 from sears.etailer telling "7 on your side" it can't assess what happened here. spokesperson says the settlement is confidential therefore i can't comment on the details related to the case. they didn't hesitate. they hired a crew right away to put a new floor and wall. finishing touches are almost done and for this couple, it's not a moment too soon. >> reporter: i can finally move in. >> reporter: as for the damaged unit below them, a bank owns that condo and the bank stepped up to make repairs. if you have a problem, let me know about it. go to abc7news.com. >> terry: coming up next, a bay area is wrapping itself in red and gold hoping for a big gift from the niners this weekend. we'll take a look. ♪ okay, so who ordered the cereal that can help lower cholesterol and who ordered the yummy cereal? yummy. that's yours. lower cholesterol. lower cholesterol. i'm yummy. lower cholesterol. i got that wrong didn't i? [ male announcer ] want great taste? honey nut cheerios. want whole grain oats that

sears was killed in his own driveway on january 6th.mily handed out fliers offering up a $10,000 reward for information on his murder. >> it's a senseless hane yules crime and we're -- heinous cram and we're try -- crime and we're trying to grasp it. >>> the issue of same-sex marriage in maryland is certainly a hot button shall you but now first lady katie o'malley is apologizing. she spoke at the conference of lesbian, gay, bisexual and transgender. she said delegates who prevented the bill from passing are quote coward. today she said i deeply respect there are strongly held and differing views on marriage quality here in maryland but our our elected officials will come together to address this for our family and children. governor o'malley is backing same-sex marriage legislation this year. >>> a child and an adult were injured during an early morning fire in east baltimore. it started around 4:00 at a home on raven wood avenue. by the time the firefighters arrived, the first floor was engulfed in flames. a child was taken to the hos

greg sears... january 6th.,,,...bbedáá.../ shot... and killed...///. áásearsáá left behind... a... pregnant wife.../// , ááwhoáá ssnce... had is baby...///. and... call...// crime stoppers, ...//// 12-million ddllars is missing from theearlington national cem. cemetery. 3&the missing funds amount to about a quarter of the cemetery's annnal budget. the information was revealed during a hharing in washington where the cemmtery is being investigated for fraud and mismanagement. those with loved ooes who have fought in this country are demanding an explanation. (12:32:35) "bbu right now, if i had a relltive who had to be buried aa cemetery, i'd say no....!" (12:33:00) "i'd be afraid that the remains of my family member would beedishonored." a senaaeehearing also than 400-ttousand people buried at arlington. thats 70-thousand more than the cemetery had origgnally estimaaed. if.../ you.../ love...// your... i-tunes".../ and... "apps"... / ááyouáá... could... soon... pay... more..../// &pmore..../// ááit'sáá all... part.../

sears big weekend savings event is here!embers get a $10 award card when you spend $50! plus, all nordictrack is on sale. get up to 25% off kenmore. and take an extra 30% off clearance clothing. hurry in to sears! and i swear by it. [ male announcer ] osteo bi-flex with 5-loxin advanced™. shows improvement in joint comfort within 7 days. osteo bi-flex. the #1 doctor and pharmacist recommended brand. vfor the ones that dab, the ones the #who smear,r king.macist the ones who spread them everywhere. for the late night cravers to the oddball eaters, the handful stuffers and the tiny biters. thicker cut for more flavor. new fries from burger king. >>> now to the cold blooded family crime out of texas. a mom is accused of killing her husband with a shot to the head while her 4-year-old daughter was in the house and then concocting a series of elaborate cover stories that the police didn't buy. ryan owen has more. >> reporter: the coverup is often worse than the crime? this woman is accused of murder. it's difficult to think of any

sears big weekend savings event is here! members get a $10 award card when you spend $50! plus, all nordictrack is on sale. get up to 25% off kenmore. and take an extra 30% off clearance clothing. hurry in to sears! and i swear by it. [ male announcer ] osteo bi-flex with 5-loxin advanced™. shows improvement in joint comfort within 7 days. osteo bi-flex. the #1 doctor and pharmacist recommended brand. vfor the ones that dab, the ones the #who smear,r king.macist the ones who spread them everywhere. te night cravers to the oddball eaters, the handful stuffers and the tiny biters. thicker cut for more flavor. new fries from burger king. [ female announcer ] everybody loves that cushiony feeling. uh oh. i gotta go. [ female announcer ] and with charmin ultra soft, you can get that same cushiony feeling you love while still using less. charmin ultra soft has extra cushions that are soft and more absorbent. so you can use four times less versus the leading value brand. ah. [ female announcer ] using less never felt so good. we al

they were masked up. >> reporter: sears resisted the robbers demands and they shot him in the driveway as his wife slept inside the home. paramedics transported him to the shock trauma center where he later died. >> he has a baby that's due in a week or so. they were excited about having a kid. his wife and my wife worked together. that's how i know them. >> reporter: neighbors we spoke with said they didn't hai shots outside but it's not something they would expect to hear. especially in this affluent neighborhood which many law enforcers call home. there is a federal agent two doors down. he lives in one of these houses. >> reporter: arundel count 'tis ty police are asking for your help. if you have information which can help them, call metro crime stoppers, 1-866-7-lockup. reporting in lorel, jeff hager, abc2 news. >>> a drunk driving charge was dismissed after a judge ruled that the police department was trying to fill a quo ta. she had a level more than double the legal limit but let go after her attorney found a memo that asked officers to write two to four citations an hour. the

we now know a few of the sears stores which will be closing soon. the company will be closing more than 120 of the locations. one of the stores is in maryland, three are in virginia, the closest of which is in richmond. sears is expected toance no the rest of the list within the next few days. >>> verizon wireless has responded to customer complaints and decided to drop its plan to charge a fee for paying bills on the phone or online. verizon planned to charge customers $2. and $2 more. more than 57,000 people signed a petition opposing the fee. >>> tom cruise continues to draw moviegoers to the box office. mission impossible goes protocol with the box office over new year's weekend. the film held onto the number one spot for the second weekend in a row with an estimated million dollars in ticket sales. alvin and the chipmunk chip wrecked held on to third. hollywood is hollywood.com was the slowest year at the box office in 16 years. >> i saw sherlock holmes, loved it. it was fun. >>> a movie based on the life of playboy founder hugh hefner is gaini

but it was a blue christmas for sears, the retail giant announcing it would close between 100 and 120 stores, both kmart and sears stores, red light ta-- the retailers sufferg from poor sales and a strong lack of identity with consumers. >>> marking another new year, we are taking the time now to look back at the events that shaped our lives and livelihoods in 2011 and will shape the road in 2012. peggy noonan is a columnist for the wall street journal and bill gross is the founder and co-cio of pimco. peggy, looking back at this eventful year of 2011, protest movements, debt concerns, a credit downgrade for the u.s., the opening moves for the 2012 election, is there a story of the past year that you think has the most significant impact over the long term? any game changers, peggy? >> i'll tell you what's on my mind. it's not so much a game changer but a large theme which has played out in the world and in our society in the past few years. i think it sort of marks the feel of the 21st century as it begins and we're still at the beginning. and that is the fall of establishment throug

sears big weekend savings event is here!d shop your way rewards members get a $10 award card when you spend $50! plus, all nordictrack is on sale. get up to 25% off kenmore. and take an extra 30% off clearance clothing. hurry in to sears! nyqui tylenol: me, too. and cougnasal congestion.ers? nyquil:what? tissue box (whispering): he said nasal congestion... nyquil: i heard him. anncr vo: tylenol cold multi-symptom nighttime relieves nasal congestion... nyquil cold & flu doesn't. >>> here's a look at the weather. d.c., partly cloudy, 39 degrees. partly sunny and 43 in atlanta. 33 and snow in detroit. 48 degrees, partly sunny skies in denver. morning fog and 44 in seattle. >>> it is no joke. stephen colbert is thinking about running for president. last night, he legally transferred his political action committee to his friend, jon stewart. >> colbert super pac transfer, activate. >> sips politicians can't run super pacs. it clears the way for colbert to enter the south carolina primary. colbert is forming a committee. >>> they

sears. ♪ more and more folks are trying out snapshot from progressive. different way to save on car insurance. the better you drive the more you can save. no wonder snapshot's catching on. plug into the savings you deserve with snapshot from progressive. wgn news @ 9 folks in china want their i funds starting a near riot apple cancelled launch of the iphone for s hundreds of customers waited overnight at apple store in beijing and china scuffles broke out police intervention apple halting i phone sales at all retail stores in shanghai and beijing for now citing safety concerns for employees and customers. print on the federal government to something you probably think part republican presidential candidates say today however came from president obama asking congress to give him the green light to exercise to make government smaller. reporting from washington >> president obama points to a tangled nascent flow chart friday to illustrate the maze of federal agencies, the government we have is not the government that we need. calling on congress to get him

sears big weekend ne. savings event is here!r way rewards members get a $10 award card when you spend $50! plus, all nordictrack is on sale. get up to 25% off kenmore. and take an extra 30% off clearance clothing. hurry in to sears! >>> here's a hook at the weather. partly sunny and 59 in d.c. in detroit, mostly cloudy skies. 46 degrees. 30 degrees and sunny in denver. 44 degrees, partly sunny skies in seattle. >>> in lima, peru, sentencing expected tomorrow for joran van der sloot sloot. he pleaded guilty yesterday. he admitted killing a woman he met in 20 so. prosecutors are seeking a 30-year prison sentence. he remains the prime suspect in the 2005 disappearance of american teenager natalee holloway. her body was never found. >>> in health news, people who suffer from severe heartburn may have a new treatment option. an fda advisory panel is recommending an implanted device that can stop acid reflux. >>> for more than 20 years, kelly morissette couldn't eat without the pain and discomfort of heartburn and acid reflux. >> a lo

plus save an extra 10% off all appliance brands with your sears card. again, sears #1 in appliances. [ female announcer ] everybody loves that cushiony feeling. uh oh. i gotta go. [ female announcer ] and with charmin ultra soft, you can get that same cushiony feeling you love while still using less. charmin ultra soft has extra cushions that are soft and more absorbent. so you can use four times less versus the leading value brand. ah. [ female announcer ] using less never felt so good. we all go... why not enjoy the go with charmin ultra soft. watch your step, folks. keep movin', please. [ announcer ] to do a job well, you need the right tools. [ thuds ] that's not gonna work. so if you're filing your taxes online, make sure you pick the best software available... with h&r block at home. nobody knows taxes like h&r block. we guarantee no other tax software... will get you more money back. file for free with the very best tool for the job at hrblock.com. h&r block. never settle for less. ♪ i like cereal >> i didn't know there was a song like that. we'r

sears big weekend savings event is here!d shop your way rewards members get a $10 award card when you spend $50! plus, all nordictrack is on sale. get up to 25% off kenmore. and take an extra 30% off clearance clothing. hurry in to sears! nyqui tylenol: me, too. and cougnasal congestion.ers? nyquil:what? tissue box (whispering): he said nasal congestion... nyquil: i heard him. anncr vo: tylenol cold multi-symptom nighttime relieves nasal congestion... nyquil cold & flu doesn't. string of events that lead to a fire and power outage. plus, two women brutally attacked in san francisco. the massive search right now for at least one suspect. and will the new sheriff be charged? we should know today. find out what a new eye-witness news poll says about ross mirkarimi. join us for cbs 5 early edition ... beginning at 4:30. "i got... pretty intense." >>> here's a look at the weather. d.c., partly cloudy, 39 degrees. partly sunny and 43 in atlanta. 33 and snow in detroit. 48 degrees, partly sunny skies in denver. morning fog and 44 i

may resume making loans for sears suppliers, a key source of credit for those companies. the strongest s&p 500 stock was computer network firm f-5. shares jumped more than 10%, thanks to better than expected earnings and a strong outlook. finally, the utility sector was the weakest today as natural gas prices continue cooling off, falling another 6% plus today. it's the eighth straight session of falling prices, down 24% during that time. susie, last winter at this time, nat gas futures were over $5. they're less than half that tonight. >> susie: tom, usually natural gas prices rise in the winter time but, already, winter is one-third over. lower natural gas prices are part of the reason producer prices fell last month by one- tenth of a percent. businesses and consumers are getting a break on lower heating costs thanks to one of the mildest winters in years. but as diane eastabrook reports, what is benefiting natural gas users is costing suppliers plenty. >> reporter: this is what chicago is supposed to look like in the dead of winter. but this season, temperatures have

sears up 50%. kb home up 40%. dendreon up and you say there's not a squeeze on the stocks? >> yeah we hate to rain on the parade of that theory. there might be a tiny bit of truth in it. whatever way we cut the data, we can't find much evidence of major short covering. in fact, it points to shorts holding steady or slightly increasing rebounding the most in january so far. >> it's karen. let me ask you something. i love the accent so i want to believe whatever you say, but on sears in particular, when we ask how much it costs to borrow, that cost has been rising every day. to me that's indicative of some sort of squeeze. is that not in your data? or do you have different today ta than i do? >> sears is very expensive to short. eddie lampert owns so much of it so you can't borrow. but it's not like it's being recalled. that of the shares in programs, it's not like that's reducing much. i mean, kind of the definition of a short squeeze. we haven't really seen that kind of forced because of plan broker calling back the shares. we haven't seen evidence of that. >> with that sai