no, they are also selling its craftsman tools brand to stanley black & decker with a deal value expectedat around $1 billion. >>> and finally, remember joe corzine? yes, the former new jersey governor and head of the brokerage form mf global. a stunning collapse in 2011, now he's been ordered to pay a $5 million fine for the alleged misuse of $1 billion in customer refunds. back over to you, louis. >> carolin roth, thank you so much. >>> coming up, bill karins is coming up to tell us how the south is preparing for a deep freeze. i was wondering if an electric toothbrush really cleans... ...better than a manual, and my hygienist says it does. but... ...they're not all the same. turns out, they're really... ...different. who knew? i had no idea. so, she said look for... ...one that's shaped like a dental tool with a round... ...brush head. go pro with oral-b. oral-b's rounded brush head surrounds each tooth to... ...gently removemore pl. ...oral-b crossaction is clinically proven to... ...remove more plaque than sonicare diamondclean. my mouth feels so clean. i'll only use an oral-b! the #

sears announced it's selling its well-known craftsman brand to stanley black & decker for $900 million. analysts say sears is just bleeding cash and desperately needs to generate some new revenue. >>> parents listen up, the federal government is now telling us everything you've learned in the past about peanut allergies is wrong. >> abc 7 news anchor kristen sze with new guidelines may have you rethinking how you feed your kids. >> when i was pregnant, and it was a while ago, i was told avoid eating peanuts and don't give my baby peanuts until she was 3. it's time to throw that recommendation out the window. new government research shows the best way to prevent a peanut allergy is feed your baby peanut foods early and often and the more allergy prone the child the earlier they should be exposed to train their immune systems so babies with severe ex-ma or egg allergies should start on peanut based foods four to six months when they start solid foods. those with mild allergies six months and for anyone else is whenever the parents and the doctors see fit. the new recommendations come aft

. >>> "usa today" says stanley black & decker may be wary of donald trump's border treatment. they may bring some manufacturing job bassing to the .s. an announcement came yesterday when they reached a die to buy the craftsman brand from sears for $900 million. sears says it will build a $35 million factory in the united states. >>> the parents of a journalist speak out. steven sotloff was the second american killed by the isis group. his family spoke to lesley stahl for this sunday's they discuss the last time they spoke with him and their frustrations over the government's no ransom policy. >> i am steven joe sotloff. i'm sure you know exactly who i am now and why i'm appearing before you. >> steven joe sotloff was beheaded by isis. his execution in 2014 was seen around the world on a video. >> did you ever watch it? >> i have viewed steven's body with his head on his chest. >> i had to see that to be sure that that was him. >> steven was born and raised in miami, attended college in israel, and became a freelance journalist reporting from war zones where information was sca

. >>> sears is selling its craftsman tool brand to stanley black and decker for $900 million. sears bought the trademark in 1927 for 500 bucks. sears also announcing plans to close 150 stores. that's about 10% of its locations. >>> amazon plans to open its first new york city bookstore in the spring. it will be in the time warner center near central park in mid town, manhattan. amazon currently has three physical book stores in seattle, san diego, and portland, oregon. >>> and six handwritten letters from princess diana have sold for more than $18,000 at auction. one letter was to the steward of buckingham palace revealing that prince harry was constantly in trouble and prince william swamped his baby brother with hugs and kisses. they're still very close today. isn't that sweet? >> indeed. if i'm prince harry, i would buy those letters. >> i wondered about that. the letters were given to someone who worked at buckingham palace and the family is selling them. >> i see. >> i'm surprised that the brothers didn't buy them. >> yeah, indeed. thank you, sue. >> sure. >> see you late

. >>> "usa today" says stanley black and decker might be wary of donald trump's border tax threat.he tool maker said it would bring some manufacturing jobs back to the united states. the announcement came yesterday when it reached a deal to buy the craftsman brand in sears for $90 million. stanley also said it would build a $35 million factory in the united states. >>> the parents of a journalist killed by isis are speaking out about their son's death in their very first tv interview. stephen sotloff was the second american killed by the extremist group. he was kidnapped in august 2013 shortly after entering syria. his family spoke to lesley stahl for this sunday's 60 minutes. they discussed the last time they spoke to him in the frustration with the u.s. government's no ransom policy. >> i am stephen joel sotloff. i'm sure you know exactly who i am by now and why i'm appearing before you. >> stephen joel sotloff was beheaded by isis. his execution on september 2nd, 2014, was seen around the world on a video. >> did you ever watch it? >> i have viewed stephen's body with his head o

at the big board today, stanley, black & decker and professional bull riders kicking off monster energyht at madison square garden. big week for stanley on that craftsman deal. at the nasdaq lululemon celebrating fit week of 2017. >> i do not think lululemon is done. a lot of people are concerned about apparel. jc penney it was womens apparel. lululemon it's a mindset. it's about mindfulness. it's about -- and i know these things. >> you mentioned costco a minute ago, walmart is just now announcing john ferner, ceo of sam's club replacing roslynn brewer retiring at the end of the month. ferner is currently the chief merchandising officer at sam's, has been working there since he joined as an hourly store assistant in '93. >> wow. more turnover. i just don't want to see more turnover there. stock's down. doug mcmillan, he's got the mandate waiting for jet.com. but walmart -- let me see that staff kind of -- it's like target. you don't want to see a lot of movement in retail. you want to see they've got the team. like costco, you never see any changes at costco. never. >> right. >> same p

that's stanley black and decker kicking off the bull riding season.onight at madison square garden. they are excited. investors are excited as well. the jobs report helping out the numbers. taking a look at the big board. do you jones inching closer to 20,000. up a third of a percent. right now the nasdaq is up even more percentage-wise. more than half of a percent. the s&p 500 is also up about 8 points right now to 2277. affecting the markets this morning is the latest jobs report. 156,000 jobs were added last month. that's a little disappointing. less than the 178,000 expected. the unemployment rate inched up a bit as well to 4.7%. however, analysts say a broader measure of unemployment that counts discouraged workers and those working part-time increased to 9.2%. the bright side though that investors are responding to, there is a sharp increase in hourly wages last month. well, along with that a new report by career builder says 40% of employers plan to hire permanent full-time workers this year. the report says the hiring outlook for 2017 is the b

o >> sears plans to sell its sellt brand of tools to stanley to st black and decker for about $900 millionsales are falling andsale they're closing 150 mores stores. sears hopes the sales of its i tools will help with its mounting losses.ting >> so amazing because craftsman tools are associatedsa with sears. >> i know. end of an era. >>> 4:41.4:41 coming up, new reportt suggesting our local waterwaysal aren't getting healthier. healtr >> johns hopkins teamed upns te with under armour to offer you and the rest of the country some new specialized new speci equipment. >> heading to break right now, r let's take another live looke l outside right now.right now. things looking pretty clearng p but it is cold and there are tra some areas that did get some snfallll. we'll fill you in with theth details when fox5 news morningoi continues. >> ♪♪ >> today on fox5 news morning.. >> that's not just outside outsi your window much we have our ab season. as well, some of you might just j see dust.e some of you may not.y n if you're in the north andth and west of the city, you've got a little bit more but

stanley, black & decker, the tool makers, they're going with

stanley, black & decker, the tool makers, they're going with the trump flow, the ceo says it makes sensebring manufacturing jobs back to america and that's what they'll do. look at this from career builder, 40% of employers will hire more workers for permanent positions this year. it's the best hiring outlook in a decade. and now, we have the official numbers from the obama years, the jobs report out a half hour ago, 156,000 new jobs, disappointing. and on that total, 41,000 were part-time. says it all, doesn't it? it's 9:02 friday morning and true to form, the president-elect has been tweeting up a storm and so far, he's made his views known about paying for the wall, hillary clinton, and the election, and the ratings for the new star of the apprentice. two weeks till he's the president. "varney & company" is about to begin. ♪ >> we're going to build the wall. we have a trade deficit with mexico, they'll pay for the wall and be happy about it. who is going to pay for the wall? who is going to pay for the wall? >> mexico. >> who is going to pay for the wall? >> everybody likes the idea o

i thought it was interesting that on the stanley black & decker conference call, the ceo had to addressed. you don't see that often where the acquiring company is worried about a deal would get done because they don't know if the company would be around. david: what is keeping this company above the waterline? >> i think it is part of that and also eddie lambert. hanging on.f i don't know how much longer that can continue. right now they seem to be making ends meet, but the more they sell, the less they have to sell you wonder what more is there, how do you keep raising cash? vonnie: there is a domino effect as well. even if you have written off sears as a proposition for retail, it is still a tenant in many malls around the country. these one heard 50 stores closing, all those employees go, animal no longer gets the revenue. is there still hope for sears? >> that is something we will have to wait and see, they have managed to hold on this long, but there is an economic effect when you have all of these employees leaving. it is interesting in stanley's press release, they talked about t

you can see morgan stanley, goldman sachs, black rock. they are up .3%. rd financial flows. morgan stanley on tuesday, goldman sachs out next week. to we sawptimism due jpmorgan and bank of america. both companies coming in strong. up 12% for bank of america, 30% for jpmorgan. the other one for bank of america was the buyback of 1.8 ilion dollars. an upside for financials. it feels directionless today. in this marketht -- are we overbought in this market? you could say yes. for the s&p you can see a decline in short positions. 1.3% of the float. finally, outflows of short positions. in the first time in 2016 seven years. is the rally long fundamental buying or short covering? is that finally going to end? jonathan: great work. every time julie man u well comes on he has a message on the bloomberg saying i have to look at this chart. this is the one he wanted to look at. the final bears finally capitulated. david: the reason it concerns us is when you have high short interest it is a source of demand for stocks. an area where you will not count on demand ov

black and brown lives. yonana ra rice, for stanley jones, for eric garner, for michael brown, for trayvon martin and for thoseine people who were shot at the emanuel african methodist episcopal church. we have a chance, brothers and sisters, to get this thing right. we can do it. if women rise up and take this nation back. when you go back home, remember how you felt. what made you that instinct, that gut, that said i got to get on a bus, a plane, a train, no matter what, to protect my children? that feeling, take it back with you to wherever it is that you came from today. you have awoken a new and renewed spirit. and i am so excited to be a art of this with all of you. [cheering] but to be quiet in our whisper, to speak low about it, is not going to get it done. we must be bold the way you were bold to come here and these lives numbered today. when you feel that we are not taking care of one another properly, put your feelings aside. put your pride aside and stand up for the most marginalized people in this society. because if you stand for them, you stand for all. dr. king said i will not remember the hars

black college band deciding not to perform and backlash on campus. we'll talk with the woman who organized the petition. rodney and his new business. he teaches lessons to stanley... and that's kind of it right now. but rodney knew just what to do...he got quickbooks. it organizes all his accounts, so he knows where he stands in an instant. ahhh...that's a profit. which gave him the idea to spend a little cash on some brilliant marketing! ha, clever. wow, look at all these new students! way to grow, rodney! know where you stand instantly. visit quickbooks.com. oh, how waso good!en house? did you apply? oh, i'll do it later today. your credit score must be amazing. my credit score? credit karma. it's free. that's great! um hm. just whip bam boom, it's done. that apartment is mine! credit karma. give yourself some credit. >>> president elect trump making more administration announcements naming jay clayton as chairman of the ccc, he defended big banks in crisis. he is an expert on regulatory law and ensure our financial institutions can thrive and create jobs by playing by the rules at the same time. christina ale sshi with with me. tell me more. who is he? >> it

stanley r: when it rains this important role to the role the to avoid crashing reduce speed of the driver and a black could cause it to crash is also stay locked the drive with headlights on weekend lot of what was wrong and didn't work. stanley r: slowdown in the rain and turn on your headlights and do not follow too closely. >>james: track in what weather with some showers here was a look at the next eight hours. çááámarkáááÑçáááradaráááÑ this >>mark: the horse to the rain came overnight moving in the north the same grounds and will fail to some--sonoma. >>anny h: we have a live team coverage. >>james: we have fairly scattered the north bank getting in the east bay were looking primary a few bits of grain being reported right greasy 680 the san francisco area looking at some showers a little bit out toward hunters point and that moves up there the live radar of they the picture of here is the wide view the rain that we have here is turning to snow to storm warning more wet weather on the way we're getting into brief breaks this trend of moisture will bring a big storm you need to be paired coming u