temperatures will soar.ming up. >> we have a small grassfire burning in the center divide of a popular freeway in the bay

from soaring gas prices to soaring green subsidies, the white house upping the the ante to sell plug-in cars, but is it time to finally pull the plug? you know the a cavuto gang never pulls any pufrnches at the bottom of the hour. here, income inequality in america is a good thing? >> there is an income inequality in america and always has been and hopefully, and i do say that, always will be. >> brenda: rick getting ripped by saying that. but is he right? we debate, you decide. what's withou? trouble with a car insurance claim. [ dennis ] switch to allstate. their claim service is so good, noit's guaranteed. [ foreman ] so i can trust 'em. unlike rdy. dolr for dollar, nobody protects you like allstate. ask me. [ male announcer ] if you think even the best bed can only lie there... ask me what it's like when my tempurpedic moves? [ male announcer ] ...talk to someone who owns an adjustable version of the most highly recommended bed in america. ask me about my tempur advanced ergo. ask me about having all the right moves. [ male announcer ] these are real tempur advanced ergo owners. fin

among the day's big movers, microsoft soared 4%. apple had an early decline.lsewhere on the earnings front, data storage company net app led the s&p with a 7% gain. on the down side, smuckers slipped 8% after slashing its full year earnings outlook. online jewelry retailer blue nile tumbled 10% after a disappointing quarterly report. yelpers will be able to invest in the online review service soon. they set a target of 12 to $14 for its upcoming ipo. thanks to a blogger and ba reese sta who dreamed up what may be the most expensive starbucks drink ever. your morning brew is about to sound like a bargain. this has 16 shots of espresso, three milk, carmel syrup, fruit purees, vanilla beans and protein powder rang up to a whopping $23.60. hopefully that doesn't become a habit. coming up, duke has another big come back. the seminoles stay in first place and fans say good-bye to a bi baseball great. >> the weekend forecast is all about the heavy rain moving through the southern half of the country. your forecast is coming up. you're watching "early today" >>> good

we know how much they're soaring. i think the average is sitting around nationally speaking around $3.61 a gallon. we haven't been here ever at this time of year. so the question to you, phil, is are the automakers better prepared now than they were before? >> yes. much better. look at the last gas price spike back in 2008. look what's happened in terms of the engines that are going in the vehicles that people are buying. clearly people are migrating toward four cylinder engines. this is coming from experian. check out what's being bought. four-cylinder up. decrease from six-cylinder and eight-cylinder. you say that's not much of a change, but look at the models on the floor, huge difference. 22 models this year 2012 have the ability to give 40 miles per gallon. a lot of that is because you see these four-sicylinder engines me fuel efficient. >> thank you very much. >> headlines are crossing on proctor & gamble. >> it's now the second-best performer in the dow. previously announced some details on cost cutting. their

>>pam: the estate of whitney's gin, music sales have soared since her death. >> her estate is doing just fine. she sold $64,000 in just 24 hours after the news of her death. in the past week she has outsold retired last year. >>pam: some of those sales involve songs written by other people.

he soared ahead nationally and in michigan. he still trails mitt romney tonight in arizona where the debates happen. >> i will win in the states that matter to win this election. >> reporter: santorum's now under attack in a new ad from ron paul. >> is this dude serious? >> reporter: focusing on social issues worked for santorum. mitt romney is looking right meeting with the tea party and hammering president obama. >> unfortunately, perhaps because of the people the president hangs around with, their secular agenda, they have fought against religion. >> reporter: at tonight's debate santorum will get more scrutiny because he's the new front-runner, but so will mitt romney. >> he's under the microscope. he's under be pressure. he needs to do well. he needs to re-establish a sense that he's the front-runner in the race. >> reporter: newt gingrich, far behind in the polls, is trying to connect with voters by focusing on a hot button issue, gas prices. >> reporter: romney and santorum will campaign in arizona before tonight's debat

coming up, socks soar. apple shines. and the starbucks drink that should take the guilt out of our early morning coffee splurge. >>> coming up, pacers turn out the lights, incredible rally by the blue devils, and jeremy lin is headed to the all-star game. you're watching first look on msnbc. >>> welcome back to first look. i'm lynn berry. >>> authorities say a federal i.c.e. agent turn odd one of his own in long beach, california in what they call a workplace shooting. a third i.c.e. agent shot and killed the agent who originally opened fire. >>> the new jersey state assembly voted to legalize same-sex marriage yesterday after the state senate did the same. however, governor chris christie is promising a veto. >>> f-16s were scrambled after the pilot of a cessna veered into restricted airspace while president obama was aboard the marine one helicopter over southern california. the pilot complied with orders to land, but there was one more surprise waiting. more than 20 pounds of marijuana on board. he's not accused of wa

and the soaring prices lead to soaring layoffs? >> they will, brenda. look, it's a simple lesson in economics 101. when you're spending more money for life's necessities such as food, you said we're up 5% in a year, less more other items. corporate profits will take a hit and that leaves corporations with two options, one, you can pass the rising cost on to consumers which we're seeing or layoff people so we have to be prepared. >> well, gary b. and we've seen that with safeway, a lot of times, in a recession, companies will just, you know, their margins will shrink and they won't pass them along, what do you think? >> exactly. i think that will be the case this time. look, i respect todd's macro views and just kind of confirm or deny that i kind of went back through the history, history tracking unemployment rate versus the cpi index, basically, measuring inflation, and i could find no correlation, in fact. in a couple of instances, in the early 50's and the mid 70's, we had very high inflation and the unemployment rate was very low. now, i'm he not sa

in the east bay temperatures also soaring well into the 60s. even inside the bay plenty of 60s showing up probably some of the warmest spots in the north bay near 70 degrees if you can believe that by the afternoon. >>> let's go towards the altamont pass. we actually have two separate accidents in that same area westbound 580 right around grant line road. so right before those wind turbines. we have a couple of accidents and at least one is still blocking lanes. sounds like one of them is cleared to the right shoulder. but this is what it's doing to your drive time. it is slowing it down quite a bit now to 20 minutes in those westbound lanes from the altamont pass to the dublin interchange. so even beyond those couple of accidents it's still sluggish through livermore and seeing more brake lights through pleasanton, as well. "timesaver traffic" camera here's a live look across the golden gate bridge where you can see everything is fine this morning on northbound and southbound 101. right before i came on air we were getting word of a possible p

gas prices are soaring at a time when they are typically lower. and the news is not getting better any time soon. expected gallon in the coming weeks. melanie alnwick is live in bethesda with some answers to the winter spike. >>> right now, everybody wants to know what is going on. we are talking about about $3.89 a gallon here. even last week, it was going up as well and a lot of drivers, as can you imagine, are not doing the fulfill-up right now. just putting in exactly what they've got in their wallets. gas prices have spiked another $3 to $5 a gallon in just the

might be heading in terms of our soaring deficit right in terms of our fiscal policy some people out there said that perhaps japan is a better example to. well japan would be the example if we follow bernanke you said by sin then japan is now into the second last decade and so we don't want to follow bernanke use advice the united states actually of course as people said from the beginning had insufficient stimulus but we had greater stimulus by far than europe and we continued it longer and as a result we are not going back into recession we in fact are having and a continued recovery but a weak recovery because the stimulus was too small or painfully slow right was i would call that frustratingly slow recovery i want to switch gears really quickly to you and talk about a recent piece that you put up on credit write downs basically looking at the obama administration and the way that they've been trying to make it seem like they have been aggressive in investigating mortgage fraud lately and you basically said that that's all propaganda. this is up on our economic site new economic

soaring 78% after federal regulators recommended approval of its weight loss drug kunaxa. despite uptick in crude inventories last week oil rose nearly $10 a barrel. overseas today after settling up more than $1.50 thursday. bailed out insurer aig weighed in with a big quarterly profit and sending shares 3% higher after the bell. protecter & gamble cost cutting plans that will eliminate more than 4,000 jobs. apple shareholders were encouraged to hear that the cash flush company is, quote, thinking very deeply about offering dividends this year. >>> it could be the end of 150-year era at niagara falls. the iconic maid of the mist tour boat company has lost its contract to another operator. the maid has a contract on the american side through 2042, but the boats are stored across the border, leaving the company's fate up in the air. >>> coming up, the knicks can't stand the heat. the thunderstorms the lakers. more punting problems for tiger woods. plus, the darling of daytona takes a big hit. your early morning sports headlines are straight ahead. >>> the weekend forecast wi

it soars with the american spirit everywhere. across the vast-spread land in all of its towns and cities, on all its far-flung farms and ranches. deep in the forests and plains of winding roads and rivers, majestic mountains and lakes and sea-lashed shores, peop their eyes to the sky sending their hopes and prayers riding through space with john glenn in friendship 7. as all the world watched ands w about the universe, finding an approach at last toward fulfillment in the john glenn story. >>> next, a ceremony honoring former astronaut, john glenn and neil armstrong and michael cal lynn collins. you will hear from speaker of the house and senator harry reid during this hour-long event which was held in the u.s. capitol rotunda. >> ladies and gentlemen, the speaker of the united states house of representatives, the honorable john boehner. >> ladies and gentlemen, good morning. >> the heavens declare the glory of god. the firm show of his handiwork. this adventures have touched the firment. you think of the significance of the cong

obama's momentum. >> gas prices continue to soar with no relief in sight. >> can't get a break when itomes to gas prices. regular shot up 12 cents nationwide, the average price for a gallon of gas? $3.64 >> when oil and gas prices go up, flight prices go up too, so that could mean fewer people driving. >> spun out right behind you. did you see that? >> i can't. yeah, looks like they've gotten in an accident out here. >> probably shocked about it gas prices. [ laughter ] >> stephen: yes, gas prices are so high, our cars have lost their will to live. [ laughter ] and everybody knows who is to blame. everybody knows the president he has personal control over the oil supply. did you know before this president eisenhower used to pump your gas? folks, no one will ever convince me that obama can't single handedly bring down oil prices. here toç convince me is oil analyst and head of again capital, john kilduff. thank you for joining me. have a seat. why isn't obama picking up the magic red phone and telling exxon to drop their prices. because he can't. >> he can. >> can he not. >> the world

republican party but one arguments that he made to you is that you know interest rates are going to soar quickly if investors start to lose confidence in the government's ability to manage a policy and does that really applied the united states because we have our central bank that controls the interest rates not only that we're nothing like greece we have a sovereign currency greece does not and as a result greece has a real risk of default we have no real risk of default unless you know the morons in congress decide not to pay our debts and if they do they'll cause a crisis and they'll be out of office within days and we'll fix the problem then so no this is complete nonsense and it is only austerity that has to great risk of putting us like europe back into the great recession. if it's not greece then what would you say would be a better example where the us might be heading in terms of our soaring deficit right in terms of our fiscal policy some people out there said that perhaps japan is a better example to. japan would be the example if we followed bernanke use advice and then japa

soar, well, soaring to 39 degrees.e music "soar" this morning. >> yeah, with less than two weeks to go before the michigan and arizona primaries, rick santorum is indeed soaring. and he says that romney is getting desperate. he expects to do very well in the next two contests. and it looks like he could pull off a huge win in romney's home state. perhaps it will happen. a new cnn/orc national poll asked republicans their choice for nominee. santorum 34%. romney 32%. here in new york the new jersey assembly gop leader john brannik, goldie taylor is joining us, washington democratic strategist jamie harrison, thank you for being here this morning. goldie, santorum gets evangelicals, tea partyers and men. romney gets women, not born agains, and tea party neutral people. take a look at this. less people said they are satisfied in the field in general now. and the question was, are you satisfied with the field of presidential candidates? so in october, the yes was 66%. now it's 55%. in october, 33%, now 44%. how much of the

our temperatures expected to soar in many spots. plenty of sunshine should kick those numbers up to 66 in campbell. before 4 in los altos and -- about 64 in los altos and san mateo. east bay temperatures in the 60s as high as 67 in the creek. that's walnut creek, right, elizabeth? >> walnut creek. >> thank you very much. temperatures inside the bay running up into the 60s, as well. some 60s at the coast. looking very good out there as we're going to have lots of sunshine and high pressure. by tomorrow though the sea breeze kicks back in. temperatures cool off a bit more. and then the weekend much cooler even a slight chance of showers come saturday morning. another chance of rain late in the day on sunday. but officially presidents' day we have changed the forecast. no longer showers on presidents' day. partly cloudy skies. high country, bring your chains and sweaters. it will be chilly. >>> it's going to be dry on president's day we're all watching the weather this weekend for the big bay bridge closure. first towards the golden ga

. >>> oil prices reaching a new high for the year overnight, sparking fears gas prices will soar. millions of drivers already paying more than four bucks a gallon. >>> whitney's good-bye. buried in a private ceremony but new concerns about her daughter and drugs. >> and lin sanity spreading around the world, even on "snl." we asked about his new-found fame, even rumors about a date with kim kardashian. >>> good morning, on this president's day. i'm rob nelson. >> and i'm meg oliver. paula faris is on assignment. we're following a developing story overnight from washington state. >> that is where three skiers have died. the tragedy mapped at a popular ski resort not far from seattle. >> reporter: 13 skiers headed to an out of bounds area around noon just on the perimeter of stevens pass. >> and as they were going dune the chute on the back side of the ski area here, an avalanche happened. >> reporter: pro skier lee stockset was with the group sand told espn that the snow gave away. the general manager of the ski resort showed us the path of destruction. >> slide started here. carri

. >> ahead another look at the soaring stock markets and the plans for high speed rails. the word is swapportunity. can i have the definition? swapportunity: the opportunity to swap a higher calorie snack for a yoplait light. can you use it in a sentence? mmm. swapping a 300 calorie donut for this 110 calorie strawberry shortcake is a good swapportunity. that's not a real word. oh haha it's real. [ female announcer ] delicious, creamy, yoplait light. over 30 flavors each around 100 calories. do the swap today. >>> stocks are up sharply. u.s. factories put out the most 234 seven months. the commerce department says spending rose. right now, the dow is up 111. nasdaq is up 38. s&p is up 16. >>> well, despite soaring costs and increasing doubts about california's high-speed rail system, san francisco officials still wanted to become a reality. yesterday, the san francisco transportation authority discussed the plan to bring the high-speed service to the city. the plan could have service in place before the date predicted by -- prediget -- predicted. they say it would be chea

it soars with the american spirit everywhere. across the vast-spread land in all of its towns and cities, on all its far-flung farms and ranches. deep in the forests and plains of winding roads and rivers, majestic mountains and lakes and sea-lashed shores, people turned their eyes and hearts towards the high sky sending their hopes and prayers riding through space with john glenn in friendship 7. as all the world watched and hoped with mankind's wonderment about the universe, finding an approach at last toward fulfillment in the john glenn story. [ playing "america's beautiful" ] ♪ >>> next, a ceremony honoring former astronauts john glenn, michael collins, neil armstrong and buzz aldrin. you will hear from speaker of the house and senator harry reid john boehner as well as neil armstrong and john glenn during this hour-long event held in the u.s. capitol rotunda. >>> ladies and gentlemen, the chairman of the united states senate, subcommittee on science and space and the senior senator from the state of florida, the honorable b

and the stock soared today. so are you still bearish on the name? >> this is not a stock i would buy. i don't use their products. i don't find it interesting. i feel it's a flash in the pan when we get to other competitors. the biggest problem with this trade -- listen. if you buy or sell a stock like linked in, you can making a speculative trade. you like to do it through the options market in my opinion. so i'll do this trade all over again if that's my inclination to short the stock. my biggest mistake was letting it run. >> i was going to ask you. you put the trade on in mid-december. did you really let it go all the way through? >> i think the stock was 66 when i bought. the stock was 74 the other day before earnings. so to me there was a chance if it had gone down 18% after earnings, i could have made my money back. >> this would have been a different segment. all right. if you want updates on our trades, follow us on twitter. and dan posts regular updates on his trades. >>> well, he is tearing up the league and is a personal savior to knicks

they believe because of rising demand in india and china, the prices for meat are going to soar. >> weof millions that are undernourished, and as we approach to 9 billion by 2050, we will have to produce a lot more food. >> he hopes this will one day feed an ever growing and increasingly hungry world. bbc news, vancouver. >> this brings today's show to a close, but remember, you can get constant updates on our website, and to find out what we are working on at any time, make sure to go to our facebook page. i am jane o'brien. thank you for watching, and please tune in to amaro. -- tomorrow. >> make sense of international news at bbc.com/news. >> funding was made possible by -- the freeman foundation of new york, stowe, vermont, and honolulu newman's own foundation and union bank. to understand the industry you operate in, working to nurture new ventures and provide capital for key strategic decisions. we offer expertise and tailored industries. what can we do for you? >> "bbc world news" was presented by kcet los angeles.

download numbers for her music are soaring.ys" has been at or near the top of the itunes charts. the greek government early this morning approved harsh budget cuts demanded by the country's creditors and makes the way for the release of risky loansrescue loans. a chinese company claims that it owns the name ipad and that apple is violating its trademark. apple has. has comments moviegoers this weekend saw "the vow." almost three-quarters of the audiences were women. i am rob nelson. >> this was a good weekend to stay inside. it was cold yesterday and again this morning. >> lisa baden, first. >> it has been busy all of a sudden. i don't have any accidents in virginia. that's important. volume only on 66 and 95, the usual stuff. i will take you to newschopper 7. they are looking at an accident northbound 97 in annapolis after 50. this will impact 665. only one to the left is getting by. this could create a back up quickly. on the outer loop at 50 the john hanson highway there's a collision reported. 270 southbound, a crash after

soares is accused of attacking a woman he was dating last month while he was off duty.f convicted, soares faces up to four years in prison. >>> pa -- faculty members at uc davis are throwing their support behind katehi. another measure supporting katahi while also condemning incident also passed. >>> congress passed a social security payroll tax cut today that effects 160 million work. the bill also renews unemployment benefit for millions of others who have been without a job now for six months. the 2% cut on the payroll tax means workers who make $50,000 a year will save about $1,000 per year. the unemployment benefit and tax cuts are expected to remain in place. >>>-- the united states and china visited today. later trade was the subject and a forum that included governor jerry brown. this evening the man expected to be china's next president went to a los angeles lakers game. >>> before leaving for their three day weekend, state lawmakers paid tribute today to japanese americans. the california state assembly passed a resolution declaring this sunday a day of rememb

coming up next on "power lunch," soaring oil prices in the dow 13,000.hould you position yourself heading into next week's session? get ready for the trap l triple play that is next. our machines help identify early stages of cancer and it's something that we're extremely proud of. you see someone who is saved because of this technology, you know that the things that you do in your life, matter. if i did have an opportunity to meet a cancer survivor, i'm sure i could take something positive away from that. [ jocelyn ] my name is jocelyn, and i'm a cancer survivor. [ mimi ] i had cancer. i have no evidence of disease now. [ erica ] i would love to meet the people that made the machines. i had such an amazing group of doctors and nurses, it would just make such a complete picture of why i'm sitting here today. ♪ [ herb ] from the moment we walked in the front door, just to see me -- not as a cancer patient, but as a person that had been helped by their work. i was just blown away. life's been good to me. i feel like one of the luckiest guys in the world. ♪

the price of crude was sent soaring. i spoke with the foreign columnist for "the washington post." this is billed as a visit, a meeting, not as an inspection. do you think that the un officials are going to get anywhere, or will it just result in another round of talks? >> there is a continuing process of u.n.-iaea oversight of the iranian nuclear program. this is a part of it. in that sense, continuing discussion and sometimes inspections are part of the process. that is how we know about the iranian program. in terms of any breakthrough, i don't hear any washington officials expressing confidence that that is near. the letter the iranians sent to the external affairs commissioner is regarded by administration officials as they become as probably an attempt to buy time. meanwhile, they have pretty war- like statements and actions by tehran to show it is in no mood to compromise. >> one of those is the fact that it was beefing up security to defend its nuclear site. >> at a time when media reporting, and i am sure iran's own intelligence-gathering indicates that israel is serious i

temperatures have been soaring. this has been the trend with temperatures a couple days ago, we were in the 50s. tuesday we warped up. that trend will continue today with widespread 70s expected across the bay area. tomorrow pretty much the same deal, could be a little warmer. then we'll cool things off beginning friday and into the weekend. but with that offshore flow developing, this will trigger some stronger winds. already did having in the north day hills and east bay hills. there is a wind advisory for tomorrow for those two locations. winds could gust over 40. no rain clouds showing up on the five-day forecast. we have the opposite in the short term. 3:00 this afternoon, warm, 68, some neighborhoods could check in around 80 this afternoon. by 6:00 clear and mild, readings in the upper 50s to upper 60s. by 9:00 mostly clear. we'll be cooling off by 9:00, back to the 50s to 60 degrees. take a look at these numbers for this afternoon. at least in the upper 70s if not 80 in the north bay for santa rosa. san franc

apple's not the only stock soaring into the stratosphere. shares of nike hit an all-time high as well. it's up 25% since the october lows. has it run too fast too far? let's talk to carter braxton, worth. what do you see? >> it's just that. the advance. meaning the october, february advance i've drawn the trend line of the last two years. you would show this as a mature advance. in terms of duration. october, february five months. almost 30%. then put it in context of the longer term move. you'll see in the longer term chart where exactly we've come to. here's the same move october to february. five months, 25, 30%. the general principle of trends and channels is when you get to the bottom of it, it's not about bye juncture. when you get to the top, it's not a bad sell juncture. too far too fast. if you're buying nike shares here, whom are you going to sell them to? who's going to buy it higher? fade nike. go short. do something. >> carter's clear about where he stands on nike. do you agree fundamentally? >> i do. we might have a graphic. if

. >>> plenty of sunshine in the bay area now that temperatures starting to soar outside. but we have some rain in the forecast. we will talk about that coming up next. ,,,, it happened yesterday u look closely >>> a man is in custody after he climbed this radio tower naked. it happened yesterday in l.a. if you look closely you can see him. you might not want to though. the guy took off his clothes's scaled the structure around 4 p.m. he spent several hours at the top before he was convinced finally to climb back down. he was taken to a hospital for evaluation. probably a good idea. >>> ultimate frisbee and football will soon be illegal on a number of beaches. the penalty up to $1,000 in fines. >> crazy. >> county supervisors approved the fines for any object other than a beach ball or volleyball. the fines go into effect between memorial day and labor day. the new rules will be relaxed during the winter off season. >> but if you are going to the beach today, you got a frisbee, football, let her fly. >> no rules against that today. this may be the day to do it. lots of sun

. >>> china's economic growth has soared over recent years cementing its status as a major player on global stage and deepening its economic relationship with the united states. for more on that delicate relationship, let's go back to eunice yoon who joins us live again from beijing. first up, eunice, we have the man who's likely to be the heir apparent, the vice premier xi jinping in the united states. first time he went there was back in 1985, wasn't it? how is that trip going? >> reporter: well, a lot of people have been calling his trip his coming out party to americans. this is really seen as a time when he can and china could really reset the tone of the relationship between two long-time economic freinemies. an marne man and chinese woman, both a couple and business partner who found a way to make their marriage last for 30 years. >> keep the lines of communication flowing. we talk all the time. >> we talk every day, he like talks me to death. [ laughter ] >> reporter: that's exactly why chinese vice president xi jinping is in america, to keep the two most important economies

it will be temperatures soaring into the 40s in most areas.r snowflakes you get, light rain later today. temperatures in pittsburgh will get up to 39. even boston at 43. so much for the cold air. it's gone. as far as the rest of valentine's day. light rain in the deep south. middle of the country, you look fine today. no problems at all. a little bit of light rain in arizona. tomorrow we watch that storm moving into the middle of the country. but more rain. really no issues. temperatures continue to be mild, lynn, from coast to coast. >> thanks, bill. >>> coming up, hollywood's top dog is chosen. plus, she's the lucky one chosen to be sports illustrated swimsuit cover girl. your first look at entertainment is straight ahead. this will make you stick around. you're watching "first look" on msnbc. laces? really? slip-on's the way to go. more people do that, security would be like -- there's no charge for the bag. thanks. i know a quiet little place where we can get some work done. there's a three-prong plug. i have club passes. [ male announcer