it's time for the day cost business news. -- the day cost business -- the date's -- the day's business news. >> barack obama making the case for the countries to work together to boost growth. american and chinese citizens could be granted visas up to 10 years to live and work in each other's countries. there are still many checks -- steps to take that will strengthen ties. >> we look to china to create a more level playing field in which foreign companies are treated fairly, so that they can compete fairly with chinese companies, a playing field where competition policy promotes the welfare of consumers and doesn't benefit just one set of companies over another. we look to china to become an innovative economy that values the protection of intellectual property rights and rejects cyber theft of trade secrets for commercial gain. >> the country signs another major deal to buy gas from russia worth more than 300 billion euros to russia's gazr prom the second major gas deal between the two countries signed this year. >> i handshake that should see china become the largest consumer of rus

we have the business news coming up right now. all right. steve and carol has joined us with the top business news. stephen, let's start with the opec oil-producing company. >> they are deciding how the respond to the sharp drop in oil. it's fallen some 307 since june leaving some of the opec members struggling to pay their bills and whether or not to cut froucks produce prices is the one that's on the table. >> slashing production or not? that's the question facing o'epeck ministers in vienna who has seen oil prices tumble in the last five months. >> it's important to recognize that if the recent -- may be put at risk. >> that's more a problem for some than others. members have their national budget try to -- and some are pushing for a cut in production to balance their books. >> change the views of the opec and tried what it's like to maximize the benefits for its members. >> that's more complicateded than it seems. with the advent of the shale production opec is looking at competition it didn't expect. >> they were set up originally so the

time period of 61 new businesses which is compared to the rest of the city's new business growth rate of 23% and of these 61 new businesses he established in the area, only 15 were part of the payroll tax exclusion. and i want to also note that commercial rents, residential rents and housing values in the area did increase significantly as we know but at similar rates to the rest of the city. of course t' good to see the data in this report, but i think for many of us to understand the success of the policy one just needs to walk along market street and see the new businesses and activity. it's a significant turn around for the neighborhood and also for the residents who live and work in that area. the rest of my items i will submit. >> thank you, mr. president. that concludes the introduction of new business. >> why don't we now go to general public comment. >> at this time the public may comment generally for up to two minutes on items within the subject matter jurisdiction of the board including whether or not to convene into closed session for item 30, the anticipated litigation r

time for a look at the day's business news. you are going to start in luxembourg with news of an investigation into how major companies pay tax there. >> if the six-month long inquiry by -- it's a six-month long inquiry. hundreds of the world's biggest firms have brokered secret but legal deals to avoid paying billions of dollars in tax. pepsi, ikea, and j.p. morgan are among the companies found in documents that have taken advantage of the scheme. the revelations have put the new president of the european commission in a tough spot. >> it is tax avoidance on an industrial scale, and it is all legal. two secret deals with luxembourg authorities, hundreds of the world's biggest businesses avoided paying billions of euros in tax managing to bring the effective tax rate down to less than 1%. the companies include giants like pepsico, ikea, procter & gamble. they followed hundreds of billions of euros. many have no presence in the tiny duchy. with the help of pricewaterhousecoopers, the firms prevented their gas presented their own

the retailer businesses and number 2 requires the formula retail employers to first offer current part-time employees business for those workers a requirement their offered any additional work before hiring new employees before uss temporary services or staffing agencies to do the work for formula retail businesses so the employer must make the offer in writing and it applies to janitorial or service contractors or subcontractors and we call them property service contractors as work promoted in san francisco covered by the ordinance under the formula retail employer the requirement also applies to employers which one the current employer the current workers are kwchld to do the work and two the work is the same or similar to what the workers have performed and the employers are required to offer only the number of hours the employee needs in order to work 35 hours a week and 3 if a formula retail business changes ownership that is about skirt employment if a formula retail business changes ownership the new owner mass retain for six months other than spiritual or managerial employees that requires the incumbent successor employers to do the following a the incumbent business must give them a

business. and for the day's business news, i'm joined by stephen carroll. oking at the reasons behind this next election in japan. >> yes, looking at the reasons behind shinzo abe's economic policies. the recent tax has been seen to push the economy back into recession. abenomics is a three step plan. the idea is to pull the economy out of the doldrums. and then fiscal stimulus, so government spending. and in structural reforms, like in the labor market. these have in some ways driven down the value of the again and pushed up shares. but a post-tax hike had been a bit deeper than expected into economic growth -- but aprils tax hike had been a bit deeper than expected into economic growth. a tax up to 10% would take place in april, 2017. that money is needed to plug a hole in the security budget, mainly due to its aging population. it is not the last we will here on this story. in europe, good economic news from germany. a survey showed a big boost to investor sentiment in november. it was 11.5, up from 3.6 in october. it was the first rise this year. it refl

well, if you're in the business like the news business or other business of being an intermediator trying to figure out what is important and what isn't and put it in context and sort of edit it and you earn your keep by saving you a lot of time by trying to accurately sum rise and prioritize information in a particular area, suddenly all available instantaneously on line becomes very flat and messy and you get all kinds of good, bad, and ugly stuff out on the web. and that's a problem. -- for a lot of people in the news business and other businesses. the other thing is that there's something to be said for the old adage act in haste and regret at your leisure. and before, certainly going back to the days when we were a colony, you would take a couple weeks to get over to europe and then a couple weeks to get back. so you had two or three months if you sent a letter and then you could send another letter. you had a lot of times to think about it and figure out what made sense and what didn't, and focus on things instead of just all this chatter. and now people are figuring out how they ca

. >>> it is time for the business news. aaron is here. hello. the oil price. >> yep. >> down. down, down, down indeed. it's the big focus of the business news today. you like these robotic cameras? they're great, aren't they? let's start with the price of oil. the black stuff. it's in the red. it has been plunging. a drop in global demand and revolution of shale oil production, otherwise known as fracking, particularly in the united states, has sent crude prices to their lowest level in four years. add to the fact that saudi arabia's move earlier this week to cut its price, that it charges its biggest customer, and it all has had a major impact. in the last couple of hours, the price of crude for the december delivery, $82.58 a barrel. that is down 27% from the peak, since the summer. so what impact does the falling price of oil have on countries that are dependent on oil? russia is one example. it's exactly what i asked one russian expert a little while earlier and let's have a listen to what he had to say. >> some depend on oil and gas revenues in the range of about 52%. when

also coming up we'll get the latest business news with airbus bagging an order for 50 planes from delta. we'll bring you all the very latest on that deal in our business roundup. >> we begin with those talks in vienna. monday is the deadline, the final deadline, according to the american secretary of state over iran's nuclear program. after years of tension, the hope is that the five permanent members of the security council, plus germany, will be able to hammer out a final agreement with tehran that could cement the preliminary deal that was signed a year ago. the six foreign ministers have been locked away in vienna trying to find an agreement on that deal. within the last few minutes france britain's foreign secretary has had this to say. >> there has been positive discussions, a very cordial atmosphere. it's clear that both sides want to try to get a deal done, but none of us want to do a bad deal, and we're very clear that we have to get more flexibility from the iranians in return with the flexibility on our side. but time is short. we're up against a deadline here, and i think we

. >> time for a check of the top business news stories. markus karlsson joins me. let's begin with the announcement from vienna. the opec cartel says it will keep production levels unchanged. >> the cartel have decided to keep its production targets at 30 million barrels per day. some members were looking for a cut in production in response to the fall in prices. they did not get their way. on the back of the decision, we've seen oil prices falling for yet another session. brent crude has dipped well below the $73 per barrel mark, which marks a four-year low. the head of the cartel wants to wait and see whether pre--- whether prices stabilize. >> we have had a very different price. now a price decline. that does not mean we should rush and do something. we have to wait and see how the market -- i've said many times do you that we don't want to panic. >> for more on this story, i spoke to the managing editor of the arab oil and gas directory. i ask him about that statement from opec's secretary general. >> opec wants to see what is the new price. >> the new normal. >

time for the business news. starting with results from europe's biggest bank, hsbc. >> they will spend 1.6 billion dollars to cover the cost of legal disputes. that includes almost 380 million dollars to cover costs arising from the u.k. investigation into the manipulation of foreign-exchange markets. it also revealed it has been summoned before french magistrates to answer questions over an inquiry into banks that help french citizens evade tax. results from that investigation could be significant. hsbc the latest to say it is setting aside significant amounts of cash to cover regulatory issues. we spoke with a regulatory strategist. what should we be taking away from these figures? >> morning. i guess this is a continuation of the historical issues that have plagued all of the u.k. listed banks. looking at 240 million pounds set aside. i think the chances of an investigation from u.s. regulators likely to encourage slightly more significant fine. also another 370 million. when we look at it in regards to other

at the center of the dial for the starry night sky over new york. that's the latest in business for this hour. i will leave you with a check on markets. >>> every morning investors turn our attention to asia. the tokyo market leads it is way. marketses around the world follow. >> from the decisions that could change the course of an economy. >> companieses at the forefront of change. >> up to the minute market repor reports. >> analysis from specialistses from around the world. >> get the latest business news every day here on "newsline." >>> leaders of the soes association of southeast asia nations agreed to stick to diplomacy on disputes. they have gathered with other countrieses in myanmar and they are sitting down for a series of key summit meetings. the country's capital is under tight security. myanmar is the chair nation for the first time since it joineded in 1997. territorial disputes were a focus on wednesday. four member states, the philippines, vietnam, malaysia and brunai have competing claims to the south china sea . china says it has the right to control almost al

either regulatory systems, but also by the marketplace themselves, in case something happens. >> as more sharing businesses emerge, so does the opportunity to create new businesses, and renew old ones. >> we're very, very early in the shift. and while many businesses have gotten brand recognition, it's still really early days. and so, for example, for every airbnb there's thousands of smaller companies that are taking a specific crack at a market, and doing really well. >> sharing economy businesses are disrupting industries both online and off. we've got a great board of directors here to talk about this today. corie hardee is the founder and ceo of little borrowed dress an e-commerce company that offers bridesmaid dresses for rent. alfred edmund is the senior vice president and chief content officer for black enterprise and rieva lesonsky is the founder and ceo of grow business media. all right, corie i want to start with you. because you are it. you are this is the sharing economy what you do. and it's interesting what you said about your business is, this is not about income levels. >> no. >> so you rent bridesmaid dresses so i don't have to spend

of the previous closed session no reportable action the next matters of unfinished business no items the next order of business item 5 matters of new business consent calendar item 5 a approval of the minutes special meeting and item 5 b authorizing a fifth amendment with shift and llp a limited partnership to increase the amount by $350,000 not to exceed $160,000 for the public trust for candle stick point and hunters point shipyard and bayview hunters point action resolution number 85, 2014 madam chair. >> yes. we will first take the approval of the minutes of october 12th do we have any public speaker cards. >> no. >> any comments on the minutes. >> i move. >> there's been a motion. >> second. >> seconded please call the roll. >> commissioner mondejar commissioner singh commissioner booster to say madam chair rosales the vote is 4 i's. >> the minutes are approved let's take now item 5 b do we have any speaker cards on 5 b. >> no speaker cards. >> okay i have two speaker cards dr. espanola jackson and ace washington. >> okay dr. jackson on 5 b would you like to provide comments? >> yes. thank you i would like to say on 5 b that y

the election results but other members of his party have. a split between pro-business democrat and the white house may be good news for businesses in the new are a lot of e shoes that would be pro-business that this new congress, not only republicans but some newly new religion democrats finding business is a good thing voting along with the republicans, repatriation of foreign capital and tax simplification. >> i am a little skeptical. the term pro-business democrat is almost a contradiction in terms. we will see whether democrats inc. this message that they want jobs and economic growth. what is chuck schumer said the other day was positive, let's start concentrating on things that help the middle class and business and i think one of the reasons he likes the idea of repatriation of foreign capital to the united states allow will come back to new york city. dave: i really don't care what is in chuck schumer's heart. i prefer not to know. i do know one thing in his heart, he wants to get reelected. noticed the election results and has a lot of people in business in new york that could vote him out of office if he doesn't become pro-busines

>> business news from the capital region. this is "washington business report," wh abc national correspondent rebecca cooper. .> thank you for joining us today the man behind the biggest development on d.c.'s waterfront. an our one-on-one, his secret to breaking new business ground. and getting attention for y you, andrew brand. t that the two top mines for washington business are here. federal''t realalize the government controls 90% washington property in washington dc.c. lot -- long long legged behind others. our next guest t d a vision for a huge waterfront park. he had to get approval from more than t two dozen agencies. testhe needed congress to three e lalaws for his plan to become reality.. his good guy approach has worked for him. he explained how would we sat down with him one-on-one. >> welcome to washingtoton business report. tell us about your background. how did you u get into this business? father was a contractor, so i grew up in n the constructn 84 andmoved down here in moved in with a couple of friends from c

minute market reports. >> and analysis by specialists from around the world. >> get all the latest business news and insight every day. here on "newsline." >>> candidates in the u.s. midterm elections are making their final appeals to voters one day before polling stations open. president barack obama's democratic party is fighting to defend its majority in the senate. 36 of the senate's 100 seats are up for grabs. all 435 seats in the house of representatives are in play. voters in 36 states will choose their next governor. obama made campaign stops to rally support for candidates in connecticut and pennsylvania. >> you've got to grab your friends. you've got to grab your classmates. you've got to grab your co-workers. you've got to knock on some doors. you've got to make some phone calls. >> analysts say obama's low approval rating poses a challenge for democratic candidates. obama had a 68% approval rating in his first three days in office six years ago. that was the highest rating since john f. kennedy was in power. but obama's popularity has fallen steadily. as he struggled to revive the ec

businesses. also, the 13 businesses that are at jeopardy, there are new businesses that have been established in the last two years. so, it's old and new. so, we have to look at different ways to really help stop this exodus of small businesses. the rents are too high. some developers are asking the particular business -- or offering them to come back, but it's not feasible, it's not realistic. it will take-two years for construction. these businesses have to go somewhere else. they're not going to be able to find another space. the rents are too high, and won't come back. so, i think it's something that we need to look at, to think about, and hopefully, you know, the commission can really engage and be active in helping stop this stem of eviction of small businesses he. so, i hope that you really support this legislation and work with all of us to be able to stop them. thank you. >> thank you. >> thank you, eric. next speaker, please. welcome. >>> good afternoon, commissioners. [speaker not understood]. we have been on the 24th street corridor for 42 years, for those 42 years we have been on a m

the formula retail business. the employer is required to offer only the number of hours that the employee requires in order to work 35 hours a week. if a formula retail business changes ownership, the new employer must retain for 90 days, the employees who worked for the old formula retail employer for at least 6 months, other than supervision, and manager or confidential employees, the ordinance requires the incumbent and the success or employers to recognize hold over employees. and the office of labor centers enforcement is charged with enforcing these ordinances. and they will do the following. it prohibits formula retail employers or other parties to take adverse action against any person in realation for exercising their rights under the ordinance, so job security, for these workers is critical, and that has been worked into the legislation. and the retail workers bill of rights is an important compliment to our city's recent passage of our raise to 15 dollar minimum wage which is phased in over the next couple of years, and together, the retail workers bill of rights and the raise in the minimum wage and these two measure cans provide real economic security for the tens of thous

new economic order. on tuesday, we'll look at china's diplomatic maneuvering at the summit. people in the spanish region of -- before we go to that we've got the latest in business news with ron madison. sorry about that, ron. >> that's okay, gene. actually we're going to talk a little bit more about what's going on on the sidelines of the apec summit. leaders of countries negotiating a free trade pact have issued a statement but they have not set a date for reaching a final agreement. the 12 leaders met at the u.s. embassy in beijing on the sidelines of apec meeting. japanese prime minister shinzo abe and u.s. president barack obama were among them. now the leaders talked for about an hour. they agreed on a statement welcoming what they called the final stage of negotiations. they say they have made significant progress in the last several months. they say they have instructed negotiators that concluding the talks is a top priority. but the leaders did not set a target date themselves. so a deal by the end of this year does seem unlikely. minister for the tpp talks akira amari said they are nearing the end of negotiations but some difficult hurdles remain. he s

we're doing it and why it's justified in terms of the threats we all face. >> thank you very much. >>> let's turn to alice with a round-up of business newshanks very much, karin. we're actually picking up on your top story, because as you've been hearing, of course, americans vote in the midterm elections on tuesday. president obama's democrats face an uphill struggle. the republicans look poised to snatch a senate majority, taking control of both houses of congress could set the republicans on course for another budget standoff. you'll remember the last one closed down a month of the government and pushed them to the brink of defaulting on its debt. so why is the president not benefiting more from the resurgent u.s. economy? michelle fleury has been to arkansas to find out. >> reporter: it used to be all about cotton and the mighty mississippi. the river still plays a vital part in its economy. big river steel picked this spot for its soon-to-be built factory, in part because of incentives offered by the state. >> if the state is able to help finance a project like this through some incentives, tax delayments or something like that, it

hours the employee needs in order to work 35 hours a week and 3 if a formula retail business changes ownership that is about skirt employment if a formula retail business changes ownership the new owner mass retain for six months other than spiritual or managerial employees that requires the incumbent successor employers to do the following a the incumbent business must give them a protection list identifying the rate of pay and the number of hours in the 6 months and the classification and contract information and the incumbent and successor employers must post notice of the new business and provided the employees rights under the ordinance with they're first paycheck after the transfer and they must make an writing written offer low the same terms of the clarification contemplation and number of work hours that covers those individuals and the incumbent workers required by law and d the successor employer must retain the employees for 90 days may not discharge without cause and employ other individuals for the job clarification that the transfer ends 90 days after the successor employers open the business to the public and e the obligation to hire the employees retention is w

pdr space because pdr businesses can't afford the rent in a brand new building so based on the zoning you've approved it is the mixed office it was an experiment to see if it would work and the pdr businesses what move into subsidize spaces it is interesting we're seeing this growth it's partly partly because of the groekt that congresswoman mentioned but the desire to people to broaden their view of putting together a business it's an interesting moment in the city's he history for some of the uses that the businesses are moving spots neighborhoods i look forward to working and want to reiterate what the department is condominium to the working with oewd to put together the measures. >> i wanted to ask one follow-up question i believe i heard you say there's an interest in enforcement on existing pdr space to make sure there's not encroachment is a i say about how the nuts and bolts how it works. >> i'm probably not the residents expert but i'll say that the understanding that is a focused and extensive outreach campaign working with the office uses an

time for a check of the top business news stories. let's start with the latest from the aipac summit -- >> trade is really taking center stage. leaders from apec countries come together in beijing. a standoff is brewing at the same time between china and the united states, when it comes to trade. barack obama says a free trade agreement -- it is not going too well with the hosts in beijing. china has been excluded from the ppt -- tpt talks.charlotte hawkins has more. >> it's been a slow process. president obama said momentum is building from -- for a washington-backed trade agreement in the asia-pacific. >> we worked together toward the ultimate goal of the pre-k -- free trade area in the asia-pacific. apec has shown the number of pathways that could make it reality, and one of those is the transpacific partnership between the united states and 11 other nations. >> these countries make up some 800 million people, almost 40% of the global economy. notably applet -- absent are russia and china. obama's discussions of a free trade agreeme

the web. of peopleod for a lot in the news business and other businesses. there is something to be said adage to work at your leisure. before, and certainly before going back to the days when we were a colony, you could take a couple of weeks to get over to europe and then a couple of weeks to get back. see you had two or three months to send a letter, and you can send another letter. see you had a lot of time to think about a figure out what made sense and what did not. and to focus on things. now people are trying to figure off how they can get a little space so they can do some depth justeir thing rather than wasting time. i can remember as a kid, be impressedpeople being with political attitude throughout their life. i was in the eisenhower generation. the thought of dwight eisenhower waking up every morning and hopping on air force one and giving a speech in order to be part of that day's news cycle and to give back, you would never think of that. he was never in a debate or ever on any on the tv new shows. he just was a very great leader that wanted t

business. lemonis: you got to trust the process. lemonis: i do it to save jobs, and i do it to make money. lemonis: thanks for your business. lemonis: this is "the profit." queens, new york, is a dense and diverse world of cultures and businesses. and it's home to artistic stitch, an embroidery and silk-screening business run by sal loretta and nick meola. the company started 18 years ago in sal's garage. -sal: where we at with this job? -fabio: it'll be done today. lemonis: today, it's become a $2-million-a-year business, the bulk of that revenue coming from uniforms, hats, and custom shirts. fabio: hey, that's one down. here we go. here we go. lemonis: two years ago, sal and nick decided to move their business into a 28,000-square-foot warehouse. sal built out the space using his savings. sal: i put in a half a million dollars of liquid cash. lemonis: and to increase revenue, he decided to start a few new businesses. sal: i felt it was a pretty unique concept that i had. lemonis: now he has a restaurant, a sign company, and a sports complex with basketball courts and batting cages. but the new businesses have struggled, and the new building and its remodel has the

the business. the thing that you didn't seem to understand was that everything had to change. it's gotta be a newve you the $3 1/2 million, it was to start a new entity. it wasn't to just pick and choose what was gonna change. we needed to relaunch this brand. >> you know what? i didn't agree to this [bleep]. the deal's off. i make a lot of purchases for my business. and i get a lot in return with ink plus from chase. like 50,000 bonus points when i spent $5,000 in the first 3 months after i opened my account. and i earn 5 times the rewards on internet, phone services and at office supply stores. with ink plus i can choose how to redeem my points. travel, gift cards, even cash back. and my rewards points won't expire. so you can make owning a business even more rewarding. ink from chase. so you can. removes fourteen years of stains. see? [ female announcer ] crest whitestrips work on a deeper level than paste. whitening toothpaste only removes surface stains, but whitestrips go below the enamel surface to safely remove deep stains. don't miss our buy one get one free offer this holiday season! to

the business. back to you. >> aaron, thank you very much. do stay with us here on "bbc world news." ♪ feed the world >> it's 30 years on. a new generation of pop stars has been gathering to record their version of the band aid charity song and this time it's to help with the fight against ebola. [ man ] we thought it might be a little more tense. you miss the drama? yeah. [ technician ] ask him whatever you want. okay. ♪ do you think my sister's prettier than me? ♪ [ laughs ] [ male announcer ] research, price, find. only cars.com helps you get the right car without all the drama. >>> hello. i'm karin giannone. the top stories here on "bbc world news." france says there is a strong probability that an islamic state militant shown in the video of the murder of the u.s. aid worker and 18 syrian airmen is a french citizen. >>> china signed its biggest ever free trade deal, opening up markets with australia worth billions of dollars. >>> now, the new charity band aid has already raised over a million dollars, according to the man behind it. the new version of "do they know it's christma

so the question is, is this a sustainable business model? anna holligan, bbc newsrdam. >> i think that's great stuff. what do you think? what do you think about sharing? do you share? are you part of the sharing economy? follow me on twitter. tweet me. i'll tweet you right back. you can get me @bbcaaron. let's find out what david shares. what would you share? >> i suppose things like hedge trimmer, lawn mower. you could have any lawn mower, actually. i have no desire to mow another lawn in my life. >> you can have my bathrobe. >> oh, good. aaron, thank you very much. and thank you for being with us on "bbc world news." still to come in "gmt," ebola in the crossharris. we take a look at a new campaign targeting the virus and we discover just who's involved. virtually all your important legal matters in just minutes. now it's quicker and easier for you to start your business, protect your family, and launch your dreams. at legalzoom.com we put the law on your side. >>> hello, i'm david eades. the top stories this hour. tens of thousands of civilians queue to get out

. >> get all the latest business news and insight every day, here on "newsline." >>> the chinese government is about to start cracking down on polluters. it's introducing stricter punishments that will go into effect in the new year. japanese manufacturers see an opportunity. they hope their products will attract the interest of companies in china. some 2,000 exhibiters are showing their latest technologies at an industrial fair in shanghai. among them are 60 japanese firms and regional governments who are displaying their products in the environment section. one firm has unveiled equipment that filters pollutants from factory emissions. another is displaying a purification system that removes pm 2.5 particles from the air. >> translator: i came by to see japan's advanced technologies. >> translator: we want to help japanese companies when part of the market in china, with their high level technologies. >> air pollution in beijing has become a major health problem. last month, the average density of pm 2.5 particles in a 24-hour period was 16 times the limit set by the world health organiza

business models. >> the merger was all about transforming our successful culture and business model into the same business model that mcdonnell douglas had used unsuccessfully >> you basically shortchange engineering, you stop doing aggressive new product developments; you run the business for cash. >> the new boeing moved its headquarters from seattle, the only home the company had ever known to chicago. it began slashing investment in research in order to cut costs and maximize wall street returns. >> i felt it was wrong i felt it was going to take the company in the wrong direction and i thought that quality would suffer and the integrity of the product would suffer. >> i feel that that legacy and that history and that competence has been hijacked by a bunch of corporate thugs. >> by 2003 it was time to launch a new plane. but boeing's new board was reluctant to invest the billions needed. >> the board made it clear that they wanted this plane made for less money. they wanted it made for $5 billion and they wanted partners to come in and pay the rest. it's expensive. so how do you make that happen? well you promise them that you can do it for less and then worry about the consequences later. >> boeing came up with a plan to

news." there is a lot more on our website, including a timeline of the events. all started on the day michael brown was shot in august. bbc.com/news. >>> let's turn to the businessth aaron, and another cyber attack on sony. >> yeah. some may say poor old sony. look, big shutdown today. a lot of layers basically at sony. we only saw august a few months ago, they had to shut down their play station system because of another cyber attack. let me explain. thanks, karin. hello there. a group calling themselves the guardians of peace, gop have attacked sony entertainment. it follows that cyber attack in august for sew -- forced sony's system offline. a skull threatened to reveal sony's secrets, its top secrets, if the demands were not met. a spokesperson said only they are investigating an i.t. matter, and the company has certainly been struggling financially in both its tv and mobile businesses, the last thing it needed. let's get more. robert was one of the world's first computer hackers. he's now a security expert at the university in brighton. great to have you with us. this attack -- let's start with that. it seems to have managed to get through to several layers

business. lemonis: you got to trust the process. lemonis: i do it to save jobs, and i do it to make money. lemonis: thanks for your business. lemonis: this is "the profit." queens, new york, is a dense and diverse world of cultures and businesses. and it's home to artistic stitch, an embroidery and silk-screening business run by sal loretta and nick meola. the company started 18 years ago in sal's garage. -sal: where we at with this job? -fabio: it'll be done today. lemonis: today, it's become a $2-million-a-year business, the bulk of that revenue coming from uniforms, hats, and custom shirts. fabio: hey, that's one down. here we go. here we go. lemonis: two years ago, sal and nick decided to move their business into a 28,000-square-foot warehouse. sal built out the space using his savings. sal: i put in a half a million dollars of liquid cash. lemonis: and to increase revenue, he decided to start a few new businesses. sal: i felt it was a pretty unique concept that i had. lemonis: now he has a restaurant, a sign company, and a sports complex with basketball courts and batting cages. but the new businesses have struggled, and the new building and its remodel has the

the coldest there since last february. >> business news from the capital region. c national correspondent rebecca cooper. .> thank you for joining us today the man behind the biggest development on d.c.'s waterfront. an our one-on-one, his secret to breaking new business ground. and getting attention for y you, andrew brand. t that the two top mines for washington business are here. federal''t realalize the government controls 90% washington property in washington dc.c. lot -- long long legged behind