tumble since june with the tough western sanctions and a collapsing ruble said a real toll now on russia and that's got vladimir putin seeing read. >> reporter: russian president putin -- >> translator: we have to protect interests yun laterally. >> reporter: defiant as he gave his annual address to parliament. accused the united states of meddling in russia's internal affairs and saying sanks were being used as a weapon but some create a new iron curtain around russia according to the president. what was really different about this speech was the context. >> the ruble lost about 40% of the value of the dollar the last year that causes russians to buy big ticket items before they reflect the currency rate. for example, one ford dealership in russia said that sales have more than doubled in the past month alone. russians are buying up everything from cars to durable goods to electronics. according to russia's finance minister sanctioned the oil prices cost the country about $140 billion per year. and russian capital flight is expected to surpass $100 billion this year according to the eco

luckily, traffic was going pretty slow, so it doesn't look like that tumble weed, a tumble weed in the bay area did any damage. >>> you can get your weather any time. download our weather app for your smartphone. >>> we are seeing what a difference two days can make. there is jim harbaugh sunday and here he is today. look at him. he is beaming. it is easy to see why with the welcome he is getting in michigan. the bank of ann arbor has put up these billboards saying his arrival is a win, win, win, win, win situation. he looks like he is as home vern. >> don't you miss him already? come on. >> no. >> oh, come on! >> it was an interesting press conference. >> when jim harbaugh was introduced in michigan, there went the bay area's best sports personality. it is all about his new chapter in his alma mater now. harbaugh signing a seven year $5 million a year contract. look at that at the wolverines basketball game where the students honored their new coach. at a press conference, harbaugh says he has thought about this for a long time. >> there have been times in my life where i thought abou

a dramatic selloff in stocks today with the dow tumbling more than 300 points. the selloff snapped a streak of 7 winning weeks in a row for the market. we'll have more on that in just a moment. but we begin tonight with the price of oil, which also sells today and sell hard to a nearly six-year low. the latest driver? the international energy agency is now predicting that global oil demand next year will grow even less than first predicted. renewing investor worries about flowing economic growth around the globe. here's how oil prices settled today. domestic crude tumbles more than $2 to $57.81 a barrel down 12% just this week. international grain crude off 1.83, a drop of 11%. jackie deangelis has more on the latest plunge in oil and just how low oil prices could really go. >> rep is $50 a barrel the new $100 a barrel for crude? that's reflected in the price action. down 10% this week alone and under $60, the market is forecasting more downside. >> unless you see something happening geopolitically to make this market go higher, unless you see anything happen in

north dakota's backen shale if prices continue to tumble. >>> and what, me worry? why retailers say they're not concerned about black friday's softish sales. all that and more on "nightly business report" for monday, december 1. good evening, glad you could join us. susie gharib has this evening off. december is traditionally a strong month for the markets but there was no santa claus rally today no, siree. oil prices went on a confounding ride, down and then up, and stocks seemed caught in oil's spell. but that wasn't all. stocks were also tripped up by weak economic data from china and signs retail sales here in the u.s. weren't so hot this past weekend. more on that in just a moment. but here's how the markets looked at the closing bell. the dow ending 51 points lower than friday's record close and the dow transports were sharply lower today, too, we should point out. the nasdaq lost 64 points and the s&p was down 14. but once again, the big story today was the price of crude, which began the day by sinking below $64 a barrel to a fresh five-year low. but then m

. >> the guy in the bike goes tumbling. broken wrist. >> that's it? >> that's all he suffered. >> you know what? this creates more of a traffic headache for all the other cars backed up behind these guys. if it's illegal, don't do it. >> here is g riding his motorcycle helmet camera here. he was day nine of tour of america. he's got a bug up his glasses. something messing around with his vision. he starts to drift. sounds like a trash can tumbling down the street. what happened to the rider? >> he's fine. >> how's the bug? >>> this is perhaps one of the coolest videos i have seen. we've seen a lot of videos. >> we have. >> you are really setting the bar high. >> good. this is the mountains in latvia. these guys are actually walking on water. >> frozen water. it looks like water still. super cool. >> that's not the cool part of this video right about here, watch what happens when he's panning down. >> what? >> it looks like glass. >> how is this? >> the water is just that beautiful. >> won't you expect you would get some oxygen in the water? that is li

west tec tumbled below $65 per barrel. the drop comes amid speculation that prices have further to fall after opec's decision to maintain its production output and leave it to the market. slumping after swiss voters rejected a plan for their central bank to add to its global reserves. delivery fell as much as 2.1%. ratings agency moody's has cut its credit rating for japan. o ay reduced it from a 1 ti 3. moody's pointed to heightened uncertainty. moody's called the outlook for japan stable. russian president vladimir putin arrived in ankara today for a state visit. turkey is russia's second largest trading partner. the countries are expected to increase cooperation in energy projects and discuss regional security issues including syria. turkish russian training has surged because neighboring states are unable to trade with russia. in brussels, the nato secretary-general has just the gun a news conference on policy towards russia. we will bring you all that news from that conference as it happens. coming up, putin meets erd

concerns like tumbling oil and gasoline prices, immigration reform. the gap in finding skilled workers, tax reform for businesses, and individuals and much more. they took their concerns straight to the president today to discuss ways washington and wall street could work together to create jobs and promote growth. but before those chief executives including the leaders of four out components. exxon and walmart talked to the president. they spoke to becky quinn. >> reporter: ceos gathering in washington today among the business round table. plummeting energy prices, a skills gap leaving companies struggling to fill jobs and the nation's tax policy. >> this could be 84% growth economy if a few fundamental things are done in terms of tax reform and in terms of regulation and how we think about regulating business. i think we're all appear hence e i -- apprehensive to do a high five. >> sub 3% growth and a high percent of 3% growth. any economy in the world with 3% gdp growth, skilled trades for really skilled jobs for service technicians. it's hazard to

one of the big talki ining poin was the tumbling ruble. the economic crisis could last two years. i tell you what, it's not just a russian problem. so stay tuned, because we're going to take a look at some of the other tumbling currencies among the emerging markets around the world. >>> welcome to "gmt." it's a story that could have come straight from the pages of a biting hollywood satire. sony caving into pressure from anonymous hackers and dropping plans to release a comedy about a plot to kill north korean leader kim jong un. the hackers had warned people not to watch "the interview." they even raised the threat of a ne 9/11-style attack. >> reporter: there's been speculation that north korea is behind the cyber attack on sony. it's targeted their christmas comedy, "the interview" and its controversial plot line. >> you want to go kill kim jong un? >> totally. >> reporter: it's already had a devastating impact on sony pictures with confidential data leaks. but when hackers threatened a terror attack on cinemas showing the film, even government reassurance didn't help. as soon

stocks tumbled with the selloff into the close. the dow sold 268 points and nasdaq lost 182 points, biggest one day drop in two months an s&p down 33 points with all ten sectors ending lower. oil markets, another $2.88 and ending $51 a level. lowest since july of 2009. international brandt crude lost at $64.24. we have two reports looking at today's selloff. first, here's jackie deangeles on what's behind the latest cost in oil. >> reporter: oil prices in free fall. traders who were at the bottom are now ducking for cover. the plunge? outlook provisions for next year. opec with their forecast and 30 million barrels a day. the energy information administration trimming its output forecast, but only by 100,000 barrels. over 9 million barrels a day is still very robust. as for that weekly inventory data from the department of energy that showed another 1.5 million barrels in supply and prices tanked more than 4.5% to $60.94. how low can oil go before the end of the year? many see the 50s in the market's future. >> this market seems to

the dow out of the blocks tumbling as much as 220 points but then shifted. all the worries basically brushed off by the close, dow was down by 51. nasdaq rose 25 points and the s&p fell less than half a point why the turn aftof events and w shou the cononcern be about events overseas? our dominic chu takes a look. >> reporter: usually brings gains for investors but the last days given a moment of pause. fresh worries from around the world seem to rattle u.s. stocks earlier in the day. china's posted the biggest one day drop in the past five years with concerns about the growth and bond market's royal investors. and then there was grease. grease stocks worst day in over a quarter century on fears that upcoming elections could call into question the country's membership in the european union. while the downside moves were dramatic, some experts don't believe they will have a lasting impact on our markets. >> i don't believe that these events in europe and in china are likely to escalate to the point where they have a material impact on our economy and therefor

when the price of oil tumbled, fortunes tumbled with it. russia is by no mean penniless. it built up forrens of reserves. it's spending these at the moment. trying to prop up its currency. also, russians firms and banks effectively have been locked out of international credit markets by western sanctions. those firms are coming to the russian government, cap in hand acting for bale ups. it's another drain on russia's reserves. what can russia do. it can't control the price of oil. the line is hunger down, wait for better times and diversify the economy. it's been tuck talking about diversifying the economy for 20 years. the west has an additional recommendation, get out of ukraine. if russia does that, then that extra burden, those western sanctions will be lifted. >> and, of course, that may not happen, they are supposed to attempt to diversify the economy. that is something they have not done, and it's a solution for the long term. what can they do now? >> you are right. russia is dependent on a political standing, a bit of a leadership under pressure, and oil prices th

sam a boston terrier tumbled off a balcony christmas day. his owner found him paddling in a hot tub below. suffered five broken ribs ribs and fracture through the process. he got outside through a cracked door. >> his eyesight is blurred and wept around to the balcony next door and couldn't get back. >> sam is now recovering at animal hospital. he will be fine. his owner says survival is nothing short of a christmas miracle. >> apple may look to offer iphone s not as large as iphone 6. candice gibson has tech bites. >> in today's "tech bytes" one an lest says a new iphone would be released next year with a smaller phone and smaller price tag. some complained the newest apple phone is too big that same analyst predict a bigger ipad. microsoft xbox live and sony playstation network are having correction errors. a hacker group claiming responsibility for the problems they begin christmas day as many people unwrapped new came consoles it's not known if any user data was stolen. and a man in colorado opened a box he found bags of rocks and it had

here to stay ♪not for a year ♪but ever and a day ♪in time the rockies may crumble♪ ♪gibraltar may tumblee to stay ♪not for a year ♪but ever and a day ♪in time the rockies may crumble♪ ♪gibraltar may tumble ♪they're only made of clay ♪but our love is here to stay i am rich. on the grounds of my estate, i hob nob with the glitterati and play equestrian sports. out on the veranda, we enjoy finger sandwiches and other assorted dainties. i wear nothing less than the finest designer footwear. wherever i go, the paparazzi capture my every move. yes, i am rich. that's why i drink the champagne of beers. (cheers and applause) >> stephen: welcome back, everybody. my guest tonight made a movie that hasp set a madman with nuclear weapons. i'm not allowed to say bad things about mcdonald's. please welcome seth rogen! (cheers and applause) ♪ >> stephen: hey! mr. rogen, thank you so much for coming on. good to see you! >> thank you. >> stephen: thank you for being here. >> thank you for having me, sir. >> stephen: what a pleasure to have you here. thank you for wearing a suit. you look like you're read

the selling continues despite the central bank's rate hike to stem the currency's tumble. the dollar rose briefly hitting 80 rubles. in the last six months the dollar has gained more than 50% against the russian currency. it did recover slightly on wednesday. around noon russian local time the dollar was trading at around 70 rubles. many local banks have briefly halted service for exchanging rubles for currency such as the dollar and the euro. some retailers selling imported goods were crowded with shoppers fearing further price rises. many shoppers were buying electric appliances. >> translator: we need to be ready for things to get much worse. >> translator: food prices are getting higher and higher. we have to spend more money every day because we are paid in rubles. >> some analysts say the ruble's decline could be unstoppable. they note that crude oil prices are expected to continue falling. >>> now, the ruble's sharp decline is also worrying japanese automakers in russia. russian car sales amount to about 3 million units a year, making it the world's seventh largest

the benchmark wti tumbled at one point to less than $63 per barrel. that's the lowest level that we've seen in more than five years. traders have watched the price fall more than 40% from this year's high. that was set in june when crude oil commanded $107 per barrel. analysts cite a range of factors including growing shale oil production. they also cite last month's decision by opec countries to leave output unchanged. now, those falling crude oil prices are forcing a major u.s. oil developer to backtrack on its plans. executives at conoco phillips say they're slashing capital investment. the executives say the company's capital budget for next year will be $13.5 billion. that's down 13% from this year. the cut mainly affects drilling programs. they say they'll focus on developing shale oil in north dakota and texas but putting off investment in canada and elsewhere. technological advances have helped lower production costs of shale oil in the u.s. but some projects in difficult-to-drill areas are still set to be unprofitable. >>> falling oil prices

sam is 1 3-year-old boston ter orand tumbled off a balcony christmas day. he suffered five broken ribs and fracture to pelvis. he got outside through a cracked sliding door. >> his eyesight is blurred and he got disoriented and went around to the balcony next door and couldn't get back. >> sam recovering at annie mccormick mall hospital and he'll be fine. his owner says survival is nothing short of christmas miracle. >> the sixers are hoping to make it three wins in a row. they take on trail blazers in portland, oregon at 10:00. they're surely in the holiday spiritch the team took to twitter christmas eve and september out was the night before christmas when all through the house. >> other major league teams followed their lead he cincinnati reds he replied not a creature stirring not even a mouse and cuba colorado rockies stockings were hung by the can chimney with care. >> the mlb helped tweet out the entire poem. >> 5:16 retailers hoping for big numbers today. one of the busiest shopping days of the year. >> and what to do with gift cards you found under

the dow jones tumbled to end the worst week in three years. the nasdaq slid 54 points. the s&p closed down 33. analysts blamed plunging oil prices. >>> bart's new connector to the oakland airport was supposed to get people out of their cars. not today. the trains weren't running for most of the day. christin ayers went to find out why. christin? >> reporter: yeah, for nearly 12 hours today, the oakland airport connector for bart was either delayed or completely shut down . less than three weeks after the ribbon was cut, it has already been a bumpy ride. >> we had heard that the trains weren't working and we would have to take one of the buses. >> i said it was broken and she said already? didn't it gist open? it seems like there's a lot of problems. >> reporter: the problem today, one train hit debris broken on the tracks after yesterday's storm. a few hours later, the only other train running break down leaving the track silent into the evening commute. >> it is not surprising it is experiencing problems early. >> reporter: last month when the connector was unveiled, b

here to stay ♪not for a year ♪but ever and a day ♪in time the rockies may crumble♪ ♪gibraltar may tumble made of clay ♪but our love is here to stay (duet) ♪it's very clear ♪our love is here to stay ♪not for a year ♪but ever and a day ♪in time the rockies may crumble♪ ♪gibraltar may tumble ♪they're only made of clay ♪but our love is here to stay my at&t cell phone bill. in your hand? verizon bill? ye-aaah. that's cool. noooo... how much are you spending per month? $110 bucks $120 bucks $330 yeee-ah... what if sprint could cut your rate plan in half? and give you unlimited talk and text in the u.s., and match your data. goodbye verizon. i am done with at&t. bring in your verizon or at&t bill, turn in your old phone, and we'll cut your rate plan in half. visit us online or visit a sprint store today. pizza hut just made their biggest menu change ever, so were in italy to get the opinions of the experts. so argentina, are you ready to change pizza? no! they've redefined pizza with six bold sauces and ten new crust flavors. this not pizza! it's pretty cool that there are over twenty new ingre

so to revel in that, you don't want to tumble into nostalgia.ss and offense is enormous. >> i want to be careful. i'm not saying that's what i want the south to be. i'm saying that's what people come to the south looking for. >> right. >> they come to the south looking for the past preserved in amber. but the reality is something different. i don't want to fix it. 1865 or 1965. i want it to progress and change. i want to document the change along the way and celebrate that change. the burden of race is upon us, and we ain't going to shake it. and that can make us better. >> i'm a yankee. so, for me, it's kind of shocking to see this flag. it means a lot of things to a lot of people. first and foremost meaning i'm not a yankee and i don't much care what you think. there's no doubt that much of mississippi history is ugly. from slavery, which was pretty much the backbone, the foundation of industry here from the get-go, to jim crow, lynchings to church burnings. 14-year-old emmett till, killed for talking sass to a white lady in 1955. the assassin

we're that as prices take another tumble. kate?> speaking of taking a tumble, we've got sunshine and mild conditions to start the weekend, but as we head into next week temperatures will drastically drop to close out 2014. i'll have your full seven day forecast coming up. >> plus, the picture that's worth thousand words. the reunion between a mother and the septa officers who delivered her christmas baby. >> late this afternoon septa released this photo of two of their officers posing with the baby they helped deliver. this baby was born on a market frankford line train last night at 15th and market in center city. mom and baby are now resting comfortably at hahn nan hospital. and mom has named that little boy chris in honor of his birth on christmas. >>> wall street wrapped up the holiday week on high note. the dow picked up 23 points on friday closing at another record high. the nasdaq added 33. wall street strong day was fueled in part by some positive consumer spending reports. the national retail federation says holiday sales

a car was even hit by the tree as it tumbled down. then over on the westbound side you can see the wires across the lanes and those are live wires. something even was smoldering that came into contact with them. chp completely shut down highway 80 as crews came to clear the live wires. they have done so and at this point, all westbound lanes are reopened. eastbound, only one lane is getting by and i can tell you from personal experience the traffic all around vallejo, very very slow. a lot of people are taking detours trying to get on to surface streets to avoid the traffic, but it is not going very well. there you can see a lot of crews have just arrived on scene. behind me that is the fire department, it looks like the cal fire department, rather that has just arrived here on scene to help clear this tree. also when we were headed to this location we saw crews from at & t and pg & e so a lot of resources have converged on this area in vallejo, on highway 80. but again at this point we have no word on when the highway will reopen. in

and gas prices are tumbling down.nd with the fed promising not to raise rates too soon, wall street, j.b., is making merry. >> brown: a peripatetic anthony mason, thank you. on the subject of gas prices, they have dropped 89 straight days and average $2.38 a gallon. that means drivers have a lot more to spend on other things. here is manuel bojorquez. >> $1.99. it's sweet. >> reporter: dallas taxi driver gerald callgrove says he's saving $40 to $50 a week on gas. what do you plan to do with that extra money? >> i've already basically done it. i've given maybe two extra gifts to my five grandchildren for christmas. >> reporter: every day, motorists are saving $450 million on gas compared to prices in june. 40% of people in one poll reported having more money to spend each month because of savings at the pump. more than a third of those with additional income plan to use their savings on holiday gifts. cheaper gas is also boosting holiday travel. nearly 90 million people are expected to make a road trip, up 4% from last

and it kind of like tumbles like a little starfish. >> the crash between the car and the bear looks and the bear appears unfazed. >> it's a pretty sturdy animal but you still wouldn't expect it to just recover so quickly from this vehicle hitting it this hard. >> [ bleep ]. >> but still, somehow it gets up and it walks off the road. >> looked like its ego is severely injured and i'm sure it was making sure that no other bear was watching what just happened. >> from the video, it's hard to tell if the animal hurts anything more than its pride but this car is definitely in need of urgent care. >> the bear, if it could talk, will say, hey, sorry about running into your car but i don't have any insurance. >> this car disturbs a walk in the woods. while this car rudely interrupts romance. june 15, 2013. a man is driving on a rural road in russia. >> this video is amazing. this car is driving in like a farmland area and then you kind of see cows on the side of the road. >> since you're watching "caught on camera," you probably realize a pretty view can quickly turn downright ugly. >> out of n

we will see you tomorrow. >>> well, stocks and oil are tumbli tumbling.of the day. crude crumbling. welcome to "street signs'. breaking developments and insight into the stories plus what may be wrong with mcdonald's. we reveal the if you had $1,000 to invest where would you put it contest? >> the s&p energy sector is the biggest loser today. with crude at five-year lows chevron and exxon are down

. >> one little tumble turns it from perfect to a calamity. >> it has awesome shock value. >> if this was my wedding, my whole family would be like, that guy would be in the pool, maybe on the barbecue. i mean, i would -- it wouldn't be like, oh, is she okay? oh, charlie slipped. you know what i mean? it would be like, get the forks. we are killing charlie. >> this nuptial nightmare is first uploaded to youtube in october 2008. soon, it's appearing on news broadcasts and morning shows around the country. >> this is somebody's wedding day. we found it on the website. let's take a look. that's the best man. that's the best man. but you know what? i mean -- and it didn't look -- oh, oh. >> but was this a real moment caught on camera or something all together different? if you guessed real, you were wrong. >> i kind of thought it was fake. but i didn't want to think it was fake. i wanted to believe it was real. so i just told everyone it was real. i sort of willed myself to believe it was real. people were like, that's fake. i was like, no, it's real. it's got to be real. >> independent f

oil tumbles to the lowest level since 2009 after opec maintains outputs.panies survive slum? and, rubel route. can russia weather the storm?

lower 60s by lunchtime and temperatures will start to tumble as that cold front slides through. by the evening commute there will be a few showers by 7:00 a.m. nice and dry and clouds increasing throughout the day. and 5:00 p.m. a few sprinkles. the evening commute may be wet. you may want to allow extra time to get home. but tuesday as that colder air slides in we have this prescription. this simulation shows a good bit of rain. i wouldn't be surprised in the dc metro area if we saw a little bit of sleet. just a raw day on tuesday. highs only in the upper 30s, and you can always keep updated on wjla.com, on our facebook page and twitter. again the main threat on tuesday or maybe the highest risk of any of that accumulation will be far northwest of the d.c. metro area, but the cold is short-lived because 50s wednesday and thursday. >> we'll live through tuesday, and then we're back to pretty good temperatures. >> meteorologist: it's really not all that bad. tomorrow is the first day of meteorological winter. >> thank you. a wealth of knowledge as always. all information from you