for "nightly business report," this is steve sedgwick in istanbul. >>> beyond the breach. an agency to fight one of the biggest threats to american business cyber attacks. but can washington really solv >>> a number of companies, not just one, a number were hacked today. news week's twitter account was compromised by a group claiming to be affiliated with the islamic state. the chief financial officer of twitter, yes, the cfo, had his account hacked when he clicked on spam e-mail and unauthorized content was posted to delta airlines facebook page after its account was accessed. >>> and on a day when all these businesses accounts were hacked washington announced the creation of a new agency. designed to monitor cyber threats. a counterterrorism official said the new agency will be there to aid in the fight against cyberterrorism which is a growing threat to business. >> to the private sector, we've made it clear that we will work together. we're not going to bottle up intelligence if we've got information about a significant threat to a business. we're going to do our utmos

cnbc's steve sedgwick joins us live from london. steve, good lord it is hard to get greece together with germany, merkel and the eu. it looks like it just got a little harder. >> yes. i've been looking at this story ever since i was on the streets of greece in 2008. to say it's protracted is a massive understatement. we've still got the same issue, a highly indebted country that doesn't want to necessarily abide by the bailout terms of the previous package. the previous bailout is set to expire february 28th as well. and various ministers from both sides of the divide from the greek to the germans to the dutch have been saying look this is the make or break week. some people are talking about the risk of a grexit the greek exit from the eurozone. they're putting that up as high as 40% now. that's putting an damper on the equities as well. the market on friday in the u.s. close ed closed at record highs. you mentioned ukraine, greece being another one of those being a concern. we've also got data out on housing today, plus numbers fro

steve sedgwick joins us live from london. let's talk about the numbers. we have the announced number coming out at 8:30 eastern. what do we know in advance? >> the single engine the world bank economy is relying on at the moment, but we're expecting over 250,000 jobs create approximated. but have a look at average hourly earnings. i keep telling you to look at those. they are the ones that will tell us where employees are getting more salary beating inflation. i think that is one of the key determinants of whether we go ahead a rate hike this year. look at the average hourly earnings and the americans' net-net in work. a couple disturbing stories, one from radio shack which started in 1921 it sold 73 million, now filed for bankruptcy. basically, the model just doesn't work any more. they're selling stores to a group included sprint and standard chartered. 1.83 billion worth of props and critters between 50 and 100,000 critters. >>> a disturbing story, this is about the health insurer anthem. which is based in indianapolis. they had a hack last week. 80 mi

cnbc's steve sedgwick joins us live and has some of the numbers about tardiness and attendance in america the big game. steve, what can you tell us? i mean i know what it's like to pull an all-nighter because here i am. i highly suggest it. >> exactly. if you can do it everyone can do it but unfortunately there are 4.4 million americans who decide to come in a little late. 1.5 million americans are supposed to be at work don't come in at all. these numbers are poor but the survey is over a longer time period. one in four people are late once a month. 14% of people are late once a week for work but those numbers going back to a 2008 study, 4.4 million of your compatriots turn up late after super bowl monday and the katy perry extravaganza and the small matter of the football game, as well. in terms of what they can expect when they get to work flat at the start of trading on the u.s. markets after a poor performance in the month of january, dow and s&p both down over 3%. but in terms of what data we can expect, personal income and spending figure january isim manufacturing index and big nu

we have steve sedgwick joining us live from london. what are investors saying and what were they expecting? >> i think they're getting quite excited that the fed may not be raising rates. and mortgage rates and investor loans may not be going up as quickly as expected. people were thinking the fed might raise in the mild of this year. the fed was very dovish. they didn't signal anything. it was aggressive on the rate front, as well. this accompanied their concerns about broader market. about liquidity in the market. if they change policy what's going to happen to bonds, bond funds and the global economy. they're worried about ukraine and the middle east. and the latest greek crisis as well. this is accompanied by poor data. we had surprises giving the biggest drop. if you saw the crude inventories, that are massive. since they started doing the crude surplus figures. after actually, the low gas prices have not come through and created more demand. back to you. >> steve, appreciate it as always. >>> still ahead on "way too early," u.s.

let's get out to steve sedgwick who is standing by with the ceo. >> the shares coming out a little bit. the people say they've had a good runup in advance of this 2015-2017 announcement on the numbers as well. to the ceo of telecom italia really good to see you, marc patuano. what you are doing and not doing, tell me why this set of numbers underline the need for reinvigorated strategy going forward. >> one year ago we did an important turnaround of our strategy because we were so much focused mostly on the debt and our strategy on infrastructure was lagging behind. now one year ago we decided to change the strategy to start focusing on new infrastructure as fast as possible, both in italy and in brazil. and the results are there. so we are very satsisfied with it. it went the way we expected. so the results are there and so this has room for improving. >> the strategy today talks of a whole host of ishsues on a stand alone basis. i think what a lot of people also want to hear from you is how you're going to grow that infrastructure of your operation given the debt constraints you had.

international monetary fund has promised a $40 billion bailout package, but earlier today cnbc's steve sedgwickister whether that will be enough. >> i don't think people are taking seriously enough the depth of the problem so this package of $40 billion is enough i believe to stabilize the situation but if we're going to return to growth if we're going to rebuild when we regain our access to our territory, we are going to need something much greater and much more support. >> let's talk about it now with the panel. looking at the impact obviously, michelle, starting with you. local to ukraine, the currency we know has been under so much pressure. >> hammered. >> reverberations throughout the region and yet it has not been moving the needle on the market generally speaking. >> no and this is very similar to greece. horrific problems even far more horrific problems on the ground in ukraine. they need this massive bailout. she's talking about $40 billion -- >> which is interesting because greece needs $282 billion. >> that's what they've already gotten. they might need another $20 billion but we ca