we saw the dow slipping to 12,977, the nasdaq losing 12 to close at 2976. ssan may bring the datsen back. it could return the low cost car to the market in 2014 but maybe not in the united states. it debuted in 1932 and came to the u.s. in 1958, it was discontinued in 1986. back over to you. >> jackie, thanks so much. >> the last remaining resident in the royal gardens area -- look at that, the big island in hawaii is now homeless. okay. we're going to jump back in time. let me tell you about the hawaii story. >> a little bit of relief, yeah. i've been packing in here for years. i won't have to do that any more. >> let me tell you what happened. his name is jack thompson. his home was surrounded by lava floe and by saturday the home was gone. he bought the property in 1972 and says he's known since the first lava floe in 1983 this would happen. nearly 200 residents once lived in that neighborhood. access by car was cut off years ago. >> wow. that's too bad. >> knew it was coming but you never hope it does. >> we enjoyed the nice weather this weekend. >> a li

the dow fell, the nasdaq lose twog 5 and the s&p 500 slipping 5 points to 1364. new report is raising concerns about the rising debt loads of college students and graduates. more than a quarter of the 37 million student loan borrowers past due balances of 30 days or more. this counts people making payments, not still in school or given special permission to postpone payments. scholastic is making a leap. the company developed an app which includes about 1300 children's books so the big red dog and ready freddy will be available. interactive stories as well as a virtual book shelf. a test version is available for teachers and families who buy through book club. back over to you. >> technology rules the world. >> good old scholastic. i want to check the forecast with christina loren. >> as the kids are getting ready to go to school you might want to go ahead with the ponytail and tell your young boys to hold onto their hats. we're talking about a wind event. we're talking about with gusts in excess of 55 miles per hour. we're talking about some very, very strong wi

the the nasdaq losing 9 points. google is mounting another challenge to apple. "wall street journal" reporting that the company plans to open an online store to sell tablets directly to consumers. they will offer devices from samsung and others that use their android operating software. google previously sold a smart phone directly to consumers back in 2010. they closed the store just after four months. >>> and the maker of black berry continues to struggle. . they are reporting a loss as it shifts fewer devices than expected. their new ceo launching a major review. for now he's refocusing efforts on business customers to more appealing smart phones. back over to you. >> okay. thank you. apparently people are getting healed of the crack berry fever. >>> we have a look at the forecast. >> you made it to friday. thanks for waking up with us. we have a good-looking forecast for today. if you're looking for warm temperatures, it's going to be dreary out there. overcast conditions. increasing cloud cover throughout the day. we're starting out nice and mild this morni

the nasdaq losing 40 to close at 2,910. we'll find out exactly what apple has up its sleeve today. they're expected to unveil the new ipad at the center for arts at 10:00 a.m. pacific time. the latest report says it won't be called ipad 3 but instead i pad hd due to its higher resolution screen, faster speeds. the device includes voice recognition software, which is very popular. apple is expected to cut the price of the ipad to grab market share for the lower-end tablet. >>> american express is teaming up with twitter for about a dozen retailers. cardholders can tweet to a specific hashtag for specific offers. after you make a purchase, the deal savings will be credited to your card in a few days. just what we need. >> helping out the economy is what it is, jackie. thank you. >>> positive spin on it. a man who led the world's biggest car make maker out of bankruptcy will be in san francisco today. dan ackerson is the headline speaker at a commonwealth club event. he oversaw gm's emergence from chapter 11 bankruptcy with the help of almost $50 billion government loans. the company h

the nasdaq losing 25 to 2 fine 50 and the s&p 500 slipping to 1364. airlines are learning to adapt as customers try to skip paying and bring all of the luggage on board. united has new doors. american's new 737 fleet will hold 48 more bags and the older planes outfitted with new doors that curve out. when boeing designed its jet workers bought luggage to ashaur they would fit. >> that's one way to check to make sure it fits. thanks so much. >> california's hands-free law is saving lives. deaths due to cell phone use behind the wheel have dropped since the ban in 2008. researchers looked into crash records two years before the law was ensacramentoed and two years after. overall traffic deaths declined 22% while hand held driver death by 47%. >> coming up drivers could get off the hook. possibly error in the police department. >> an unlikely motivator, how a pig is helping people in texas find the inspiration to lose weight. >> oakland occupiers, we have the weather coming up. [ male announcer ] we asked real people if they'd help us with an experiment

the nasdaq losing 9 points. in the meantime, verizon is hoping to launch a video service by the end of the year. they would be able to see come content on their phones in and outside their homes. they are seeking government approval to buy $4 billion in licenses from cable companies like comcast and time warner. that would give it the space to offer the new service. >>> they say laughter is the best medicine, but it will cost more to fill the prescription this year. the wholesale price of a dozen rubber chickens has jumped 8%. you guys were worried about rising gas prices. the index starlet ted in 1987. laura, back over to you. >> thank you very much. >> the price of rubber chickens has gone up. >>> a disaster preparedness exercise may have led to a massive security breach. four storage devices went missing earlier this month. they contain the private records of 800,000 californiaens. the devices vanished while being shipped between colorado and california. ibm is returning them after testing if they could run re

the nasdaq losing four. meantime hair salons are the new economic indicator. quite interesting.ustry has seen an uptick in business and sales driving more than 5% in the past two years. after cutting back on household expenses during the recession data is showing that americans may be visiting the salon more often and opting for more expensive treatments. "u.s. news & world report" named hairdresser as the top job in 2012. forecasting 13% growth by the end of the decade. looks like we are in the wrong business. president obama kicked off his tour today to promote the energy policy. he visits las vegas, nevada, carlsbad, new mexico today. the president's tour comes on the backdrop of rising gas prices. republicans, of course, have been highly critical of the white house and reepsentally for failing to provide consumers with relief at the gas pump. john, back to you. >> you inspired me to get my extensions put back in. thank you very much. >> i can't wait for that. 5:20. students and parents will get another chance today to weigh in on plans to end preferential admissions. budget

the dow fell yesterday, the nasdaq losing 15 points to 3,104. the house is set to vote on the republicans' $3.5 trillion budget plan, it would slash spending by government agencies, overhaul medicare and reject president obama's call for higher taxes on the wealthy. on wednesday, the house rejected both a compromised budget and the president's plan. the gop budget is expected to pass the house, but will likely die in the democrat-controlled senate. >>> and news corp. reportedly considering a u.s. cable sports channel to rival espn. they've been discussing the option for months but it wouldn't launch this year. news corp. has 20 regional fox sports networks and about 75% of u.s. homes. the company would likely convert an existing channel like fox soccer or fuel tv. back over to you. >> okay, jackie. thank you very much for the update. >>> it'll take a few more weeks for administrators at a south bay high school to determine how many students were involved in a cheating scandal. san jose unified school district has suspended eight seniors and one j

the nasdaq losing 40 to close at 2,910. >>> netflix is reportedly in talks with cable companies aboutdding the movie-streaming service to their lineup. that would make it another on-demand option for scribers via set-top boxes. reports are saying at least cable providers could experiment with adding netflix by the end of the year. >>> the real-life wise of the machines. watson computer beat the pants off "jeopardy!" champions last year and has landed a job on wall street. it's going to advise on risk, portfolios, and clients. machines can do everything these days. back to you. >> thanks, jackie. >>> we have an important machine in the weather center. meteorologist christina loren knows it well. >> a cup mall sheens i rely on every day. the latest, still breezy. good morning. and colder than yesterday at this time. much colder in the north bay, temperatures now in the upper 30s. you're in the mid-30s in santa rosa, 34 degrees, just two degrees above freezing there. you'll need that jacket at least for the first part of the day in addition to that cold, a windchill factor with some pret

the dow opened after losing 43 points. the nasdaq was down two. taking a look at overseas trading. tokyo the nikkei dipped 72. the hang seng lost 61. >>> a little wall street window dressing brightened up the markets. managers dress up portfolios with top performers. >>> ben bernanke says it is too soon to declare victory on the u.s. economy. on the topic of more stimulus says the feds have not taken options off the table. >>> consumer confidence was mostly flat in january while inflation expectations soared. apple shares hit another all time high above 100 or $616. meanwhile this morning apple offered refunds to australian buyers of the new ipad. >>> fresh off a phone scandal rubeert murdoch is facing another controversy over al sgagzs of piracy over rivals. >>> kohler is the latest to retreat from rush limbaugh's radio program after his on air attack of a student who spoke in favor of contraceptive coverage. >>> the website potter more where e books of the popular series will be sold exclusively. harry potter e books will be compatible on all major e readers. more piece of the pi

. >> okay, the dow opens at 13,046 after losing 78 points yesterday. the nasdaq lost 12. >>> taking a look at overseas trading, the nikkei dropped 113 points. the hang seng cropped 132. >>> but there may be a silver lining. at least some temporary relief at the top could be on the way after worries about dwindling oil demand dropped the price of crude down 2%. here's a global slow down. those warriors to a four-year low last week. >>> fed-ex also took a hit. after suspending dividends to stockholders. reporting increased spending by its users. dollar general also picked up 3% in better-than-expected earnings. t-mobile is laying off five% of its work force including ssfp call centers. and in the wake of an industry, bank of america has begun a pilot program to rent their home from the bank to avoid foreclosure. thousands of other federal workers from insider trading. president obama has vowed to sign it. finally, after one of mitt romney's compared his strategy to an etch-a-scotch, they nearly tripled. >> ohio and the underdogs prevail. plus, michigan state is the

wall street stocks traded lower for much of the day, most of the losing were wiped out and the market finished mix. the dow gained 19, nasdaq lost 9 9. live outside. >> to electronic stores are losing some of their -- >> told he me this afternoon this best buy will not be closing. but 50 are shutting down soon as the company revamps its business model. >> best buy announced today major fourth quarter losses an plans to close the stores while opening 100 best buy mobile and smaller stores. >> we love best buy always come there first. >> we really like this store. >> today in pleasant hill a steady stream of customers picked up electronics appliances and other items they need. >> for my mother. >> so what did you just buy. >> micro wave. >> how come. >> for work we came here to buy -- we used to call it a boom box. >> recent years many shoppers have used the store as showroom for buying online. >> there's been so many companies on the internet, so that's what i do. >> this man looking at products here and buying him at his favorite retail web sites. >> i try to figure out the shipping and taxes and, you know, all those come i

wall street slipping further and into the red of of the economic numbers right now the dow is losing 39 points the nasdaqis down by seven s and p is always 6 in. and natural food maker out of berkeley huge idea yesterday shares gained 89% and are still climbing another 10 percent higher and $39 to the lead to not seeing the beginning the day after a huge public in these tight yesterday. >>> . >>> humans and regard the gods are causing another at the battle of the box office and the legendary british thespian take center stage in san francisco eye on the days leigh anne joins us with more of a sound like that entertainment had a doorway. >>> good morning pleasure seekers and if you love your greek gods and tyson's going harry to toe to each other who doesn't if you also love your massive otherworldly monsters you love the loss of the titans wrath of the titans. it is one big in-your-face battle from the beginning to end. performances are solid sam worthington the lead role as this that have some of his day is liam neeson, liam neeson even and refines. their stellar as heaven and hell. the run of the midst

losing week of the year. the s&p has only had one losing week this year, guys. but it looks like it will have one this week as well. as for the nasdaq, it's now barely positive for the week trying to avoid what would be only its second losing week of the year. despite today's drop, nasdaq still working on best quarter since q-2 of 2009. did you know -- throw in a stat for you as well, that $340 million went to technology sector funds, maybe not so surprising, making it their second best week year-to-date and the third best since the q-2 of 2011. straight down to bob pisani at the nyse. i don't know which is the biggest clunker today, i know on your radar screen, bob, the ipo of bats and the numbers out of kb home. >> the housing numbers were disappointing and all the home builders are down on that. i think that's a bit of an outliar. want to hear what lennar has to say on tuesday. then we'll find out whether the disappointments is really for the whole industry. i want to focus on bats because let's just call it an embarrassment here. bats is a stock exchange competition with the nyse nasdaq. we're young, fast, efficient, we have bet

the nasdaq index broke 3,000 for a few seconds and ended up losing 20 points. >>> the major slump for securities firms is having an effect on wall street. bonuses for last year are shrinking, down about 14%. it's the lowest level since the financial crisis began. some bonus better than no bonus. >>> google's new privacy policy goes into effect today. it allows them to collect use herb information and combine it. european regulators say it may be illegal there. but you can opt out. >>> viola davis may have lost the best actress oscar, but meryl streep is making it up to her. streep is donating $10,000 to a bankrupt school in davis' hometown and another 10 grand to a college scholarship program there, both in davis' name. >> class act. >> maybe she should just send the oscar. >>> coming up next, researchers finding new benefits from that morning cup of coffee. good new for us. >>> and a week for weather. whipping up giant waves on the great lakes. we'll be right back. >>> well, that midwest blizzard was quite a snowmaker. check what else it turned up. that's waves on lake superior. wind

the dow opens at 13,046 after losing 78 points yesterday. the s&p fell ten, the nasdaq lost 12. the nikkei dropped 115 points while in hong kong the hang seng sank 232. >>> a toll on markets here at home yesterday but there may be a silver lining. at least some temporary relief at the pump could be on the way after worries about dwindling oil demand draggeded the price of crude down 2%. fears of a global slowdown weighed down energy and raw material suppliers the most. those worries also overshadowed news of unemployment applications fell by 5,000 to a four-year low last week. fedex also took a hit after its financial chief warned of slowing demand abroad. shares slipped 4%. >>> diamond foods lost 7% after suspending dividend payments to stockholders. on the up side, discover cards rose 3% after reporting increased spending by its user. dollar general picked up 3% thanks to better than expected earnings. elsewhere t-mobile is laying off 5% of its workforce and closing call centers. >>> in the wake of an industrywide foreclosure scandal bank of america began a pilot program offer

. >>> the dow opens at 13,124 after losing 45 points yesterday. the s&p was down two. the nasdaq was up one. taking a look at overseas trading this morning, in tokyo, the nikkei gained 40 points. >>> markets were mostly flat yesterday. a warning out of china could spark concerns on wall street. china's manufacturing macon tract for a fifth straight month in march. yesterday, investors got mixed reports on the housing markets, sales of existing homes dipped. overall, winter sales were the best in five years. hp was the biggest drag on the dow. meanwhile, baker hughes weighed down the s&p with a profit warning. >>> green mountain perked up. they will make coffee packs for starbucks brewing system. hunger games will be a big box office hit. >>> safeway and super value agreed to stop selling ground beef made with pink slime due to complaints of the controversial filler. >>> gm will continue making cars for another decade. kraft's new name for snack brands is getting mixed reviews. two employees meeting delicious world. >>> finally, time is running out. if you want to get your hands o

hello welcome to the business program it's been another day for world stock markets let's show you how they're doing starting stateside wall street still losing this hour both the nasdaq nor point seven percent in the red it comes off the china reported a fall in manufacturing and europe had another shocker is now on the longest downer for four months run gold slumped thirteen percent after the coup in mali africa where it operates three mines crude slipped over a dollar today brit's also tumbling it comes as industrialists consider releasing crude stockpiles to stop the recent price hikes and all new exchange rates in the green gaining against the euro but the ruble shared against the major currencies today this morning started higher before continuing its worst losing streak since september the altie has closed two percent down in the u.s. and asia in corporate news northern utility says last year's in its income sixty percent this chick the share movers now most energy stocks fish better than the market despite weak of crude prices were among the worst performers was sleeping more than one and a half percent and the most six has revealed plans to become one of the

the dow. ended up losing 56 for the week. the nasdaq gained 18 points. a positive jobs report we talked about was offset by news that big banks will be taking huge write-offs. bank of america day plans to cut the benefits of 200,000 mortgages. settlement reached last month between banks, the federal government and 49 states. the bank is making the move to remove penalties. the reductions are limited to loans that were at least 60 days delinquent and cannot be mortgages held by fanny may or freddy mac. the federal government is capping the pay for top executives. 12 executives made more than $35 million in salary and bonuses. the top executives will be paid $500,000 a year and others will get 10% salary cuts. >> san jose could soon be able to look forward to new jobs and facilities. the city's projecting a $10 million surplus in $800 million operating budget. chuck reed is proposing opening new libraries and the community center. increasing spending on gain prevention programs, completing the parkway project and maintaining funding for school crossing gua

the dow opens at 12,962 after losing 14 points yesterday. the s & p down 5 points, nasdaq fell 25. taking a look at overseas trading this morning, in tokyo the nikkei lost 60 points, the hang seng lost a whopping 4.59. >>> worries about chinas with growth is taking a toll on global markets. news the second largest economy is looking to slow growth for the first time in eight years weighed in markets yesterday. yesterday, commodities stocks were the biggest losers. caterpillar fell 2%. copper and gold tumbled 4. >>> alpha natural resources dropped 6% as lower natural gas prices added to growth concerns in china. >>> meanwhile, a contraction in european business activity added to caution, despite readings showing the u.s. service sector expanded at anue last month. >>> aol is one of two more companies joining the advertising exodus from rush limbaugh's conservative talk show. limbaugh has apologized for calling law student sandra fluke a "slut and prostitute" for her testimony advocating birth control. two radio stations reportedly dropped his show. >>> as if it wasn't bad enough, pe

. >>> the dow opens at 13,046 after losing 78 points yesterday. the s&p fell ten, the nasdaq lost 12. overseas trading, in tokyo, the nikkei dropped 115 points, in hong kong, the hang seng sank 232. >>> signs of economic weakness in china and europe took a toll at markets at home. there may be a silver lining. some temporary relief at the pump could be on the way after worries about dwindling oil demand dragged the price of crude down 2%. those worries also overshadowed news of unemployment applications fell by 5,000, to a four-year low last week. fedex took a hit after its financial chief warned of slowing demand abroad. shares slipped 4%. diamond foods lost 7% after suspending dividend payments to stockholders. discover card rose 3 % after reporting increased spending by users. dollar general also picked up 3%, thanks to better-than-expected earnings. and elsewhere, t-mobile is laying off 5% of workforce, and closing seven call centers to help fund a 4g network upgrade. >>> in the wake of an industry-wide foreclosure scandal, bank of america has began a program offering som

the dow opens at 12,962 after losing 14 points yesterday. the s&p was down five points. the nasdaqell 25. taking a look at overseas trading this morning. in tokyo, the nikkei lost 60 points. while in hong kong, the hang seng lost a whopping 459. >>> worries about economic growth is taking a toll on global markets. news that the world's second largest economy is looking to slow its growth for the first eight years, weighed on markets overseas again this morning. yesterday, materials and commodity stocks the biggest loser. caterpillar fell 2% and alcoa tumbled and gold tumbled nearly 4. alpha resources dropped 6% as they added to growth concerns in china. a added to investors' caution sgied readings show the u.s. service sector expanded at a faster pace in february and factor orders declined less than expected last month. speculation about slowing ipad sales dragged apple shares 2% lower. apple is expected to launch the ipad 3 this week. reports of thousands of layoffs in the work at yahoo! weighed down shares of the struggling search engine. shares tumbled 8% for us airways. aol is

. >>> the dow opens at 13,124 after losing 45 points yesterday. the s&p was down two points, but the nasdaq was up one. taking a look at overseas trading, the nikkei gained 40 points while in hong kong, the hang seng added 44. >>> markets were mostly flat yesterday. but a warning out of china to spark some concerns on wall street. a preliminary report shows chinese manufacturing may contract for a fifth straight month. there's reports on the housing markets. overall, winter sales were the best in five years. h.p. was the biggest threat on the dow thanks to a merger. elsewhere, green mountain perked up 10% on word that starbucks will make the brewing system. >>> general mills quarterly earnings were in line with expectations and safeway, food lion and supervalue have agreed to stop making ground beef with pink slime. >>> this morning, austral yeah's government promised $300 million to guarantee to continue making cars in that counweuntry for anr decade. >>> kraft will be called mondalees meaning delicious world. finally, time is running out. if you want to get your hands on a few pieces of h

the dow opens at 13,126 after losing 71 points yesterday. the s&p was down six points, the nasdaq lost 15. taking a look at overseas trading this morning, in tokyo the nikkei fell 67 points while in hong kong the hang seng dropped 276. >>> today on wall street investors will be watching for important data on the economy in the fourth quarter and last week's unemployment numbers. the stock market reacted negatively yesterday to a weaker than expected report on durable good orders for cars and other products. >>> oil is down to around $105 a barrel as france considers the release of emergency supplies to try to lower global oil and gas prices. >>> bank of america gave its ceo a big hike as the stock lost more than half of its value the ceo earned $7.5 million. >>> family dollar discount stores is reporting an increase of more than 10%. ipo shares of an chip's soared 89%. facebook is getting ready for its ipo in pay. the company is halting the sale of its private shares next week. >>> shipments of flat panel televisions are expected to decrease for the first time of this year with sa

the dow opens at 12, 977 after losing two points on friday. the s&p lost 4 points. the nasdaq was down 12. taking a look at overseas trading this morning, in tokyo the nikkei fell 78 points, while in hong kong the hang seng dropped 296. >>> on wall street, all important monthly jobs figures due out friday could keep some investors on the sidelines this week. expectations are high for february jobs report after weekly claims data has steady lid inproved for nearly two months. traders will also have an eye on oil, which bubbled up over $110 a barrel at one point last week. crude traded at around $107 this morning. after a year-long drilling moratorium, bp and other companies are stepping up exploration in the gulf. it expected to pay $7.8 billion to settle a wide range of disaster related claims. meanwhile chrysler and gm will announce the production of pickup trucks powered by gas this week. they're announcing the plug-in volt due to slow sales. >>> over the weekend united airlines angered thousands of customers when technical glitches caused widespread problems. >> ai zb is se

we saw the dow lose 43 points tuesday. the nasdaq within two points. on the same day the online retailer began selling digital versions of the harry potter series the buy buttons in the kindle e store disappeared for several hours. instead of people being able to purchase the book, people saw green buttons saying this title is not available for customers in the united states. amazon wasn't commenting but post on the kindle publishing forum says a website issued definitely. >> thanks important the update. >>> investigators right now looking for your help solving one of the worst cases of animal abuse ever seen right here in the bay area. two severely neglected dogs discovered friday morning in a carport at the p an apartment complex on cherry avenue in san bruno. the dogs being described as terrier mixes. they had to be euthanized because they were so badly abused. one dog had a broken front leg and the other was also injured and severely malnourished. if you have any information you are asked to please call the peninsula human society. there is a $5,00

. >>> the dow opens at 12,977 after losing two points on friday. the s&p lost four points. nasdaq down 12. >>> taking a look at overseas trading this morning, in tokyo, the nikkei fell 78 points, while hong kong, the hang seng dropped 296. >>> in wall straoerbgts all-important monthly jobs figures due out friday could keep were some investors on the sidelines. expectations are high for february's jobs report after weekly claims data has steadily improved for nearly two months. >>> traders will have an eye on the price of oil, which bubbled up over $110 a barrel at one point last week. crude traded around $107 this morning. >>> after a year-long drilling moratorium, the "new york times" reports bp and other oil companies are stepping up exploration and production in the gulf. this as bp announced friday it expects to pay $7.8 billion to settle a wide range of disaster-related claims. . >>> meanwhile, chrysler and g.m. will announce production of the first pickup trucks powered by natural gas this week. however, g.m. is pausing production of its plug-in hybrid volt for five weeks du

the dow opens at 13,124 after losing 45 points yesterday. the s&p was down two points. the nasdaq was up one. taking a look at overseas trading this morning. in tokyo, the nikkei gained 40 points. the hang seng added 44. markets were mostly flat yesterday but a warning out of china could spark some concerns on wall street today. a preliminary report shows china's manufacturing may contract for a fifth straight month in march. that could fill fears about oil and materials demand. yesterday investors got mixed reports on the housing market. sales of existing homes dipped last month but overall winter sales were the best in five years. hp was the biggest drag on the dow thanks to a merger of its struggling printer and pc divisions. baker hughesawayed down the s&p with a profit morning. green mountain perked up on word starbucks will make coffee packs for its single pack brewing system. lions gate rose on anticipation "the hunger games" will be a big box office hit. general mills quarterly earnings were up. safe way, food lion and super value have agreed to stop selling beef with the

the dow opens at 13,232 after losing 20 points on friday. the s&p was up a point but the nasdaq was down 1. taking a look at overseas trading this morning in tokyo the nikkei added 12 points be u in hong kong the hang seng tumbled 202. >>> it could be a big day for investors in the world's most val ruable company. in a surprise announcement yesterday apple scheduled a 9:00 call today to unveil its plans for a 98 million dollars cash balance. investors have been clamoring for a dividend hoping the company could share some of its mountains of cash with shareholders. >>> elsewhere ups is reporting it's going to buy its dutch rival tnts if $6.5 billion. >>> stocks in asia are higher over what's expected to be improved economic data due out this week. most of the data will focus on the beaten down housing market with reports on new home con stru strukz, sales of new homes and home sentiment. there are a few notable earnings reports including oracle, general mills, and tiffany's. aaa says the naksal average price for regular gas is up seven cents in the last week to $3.3 $3.83 a gallo

the day. dow opens 12,952 after losing 53 points and s&p down six and nasdaq fell 19. king a look at overseas trading this morning. tokyo the nikkei lost 145 points. long congress, the hang seng dropped 292. >>> well, you knew this was coming. will market kick off march like a lion or a lamb? wall street closed out best 14 years despite hinder from the fed chair bernanke a third round was not in store. yesterday, 800 banks snapped up 700 billion dollars in cheap loans from the european central bank. >>> meanwhile, protests broke out after greece parliament approved more pension reform. >>> the government reported the u.s. economy grew more than it thought last quarter as personal income. today, traders get fresh retail and manufacturing and construction data. the nasdaq briefly broke through 3000 for the first time in more than a decade. that was thanks, in part, to a major apple milestone. its market value topped half a trillion dollars yesterday. wall street collected 14% less in bonuses last year, while bank profits plunged by some 50%. meanwhile, bank of america is

is the shoot first, don't even bother to ask questions later, losing the duel against the markets' more thoughtful and pensive investors? on a blah day, s&p, sliding down .2% and nasdaq .7% lower. i think the answer is a resounding yes, they are losing. last week we got a devastating earnings report from kb homes, made it clear that everything is going the wrong way in housing. sales, orders, costs, cancellations, all bad. >> the house of pain. >> the statements from the second-rate home builder, so horrific, to threaten the entire thesis behind this rally, the most powerful move of 2012. housing needs to come back at this point the kb home bomb foreshadowed a rollback of the whole complex, sherwin williams, home depot, whirlpool, it put a damper on the banking rally too. the inventory of homes might at least be peaking and may turn out to be not as bad as we thought. if you listen to kb home, you may have been tempted to immediately sell everything even remotely connected to housing. that turned out to be a really bad call. that's right, turns out the fault was not new home starts, but in kb itself. the chief home building star, lenar, today blew numbers away. it re

the jobless market sent overseas markets over. tokyo aek nikkei falling 73 points. hong kong's hang seng losing 230. in londons, the ftse opening lower. on wall street, the nasdaq dropping 44 points. >>> and the boy wizard books are now available on the edition. can be read on amazon kindle and the barnes and noble, anywhere you want. analysts that may relevantize the e-reading book industry. >> and the cost of laughing index. the cost of rubber chickens is up 8%. a sitcom script rose 2%. but the call for whoopi cushions is flat. and humor consultant malcolm kouchner reports, the presidential candidate, well, that is free. >> news for several months. >> good for your belly. a good belly laugh. >> i like that. >> that's actually rob's laugh. >>> major sports news overnight. the l.a. dodgers have a famous new owner. >>> plus, the megamillions jackpot closing in on -- get this -- almost half a billion dollars. >>> a former nba bad boy who could be headed to jail. [ johan ] hello, piper. nice up-do. i see you're crunching numbers with a cup of joe... when you could be relaxing with a delicious gevalia. or as i like to say, a cup of johan. joe's a cubicle. johan is

the day. after losing 71 points down yesterday. the s&p was down 6 points. the nasdaq lost 15.t overseas trading. in tokyo, the nikkei fell 67. the hang seng dropped 276. >>> today on wall street, investors will be watching for important data on the economy in the fourth quarter and last week's unemployment numbers. the stock market reacted negatively yesterday to a weaker than expected report on durable goods orders for cars and other products. >>> oil is down to around $105 a barrel as france considers the release of emergency supplies. >>> bank of america gave its ceo a big pay hike last year as the company lost more than half of its value. the ceo earned $7.5 million. >>> family dollar discount stores are reporting an income increase of more than 10% in the second quarter. ipo shares of annie's foods soared 89% on the opening day of trade. the biggest start for an ipo so far this year. >>> as facebook gets ready for its ipo in may, the company is halting the sale of its private shares next week. >>> shipments of flat panel televisions are expected to decrease for the very f