Lets see what happened overnight in asia. The flnikkeiclosed down. Hang seng down by 5 points the shanghai composite up by a third of a percentage point. In europe in some early trading, looks like the dax is up by a third of a percentage point. The cac is up bay half py a half percentage point finally check out crude Oil Prices Crude Oil yesterday down by 1. 4 on some questions about u. S. Supply and also doubts about whether russia is going to be cutting output whether it will stick with that. This morning down 1 couple big stories were watching japans softbank offering to purchase shares of uber at a valuation of only 28 billio 4 . Thats a huge drop of the most recent valuation of 68 billion. Ubers board approved the investment in october. It would expand the board and cut the influence of founder travis kalanick. Big question about whether people will tend near this offer. The consortium is led by softbank, and they plan to take a stake of 14 in uber if they dont get it at this pri
Coming in up and over the whitman, all the way into south street. Because after accident, only one lane open at south, coming into center city. Here is a live look at 422, rush hour underway, as you head in toward little bit of fog. Light fog, in toward the king of prussia area. Coming in from south jersey, we are dealing with some patchy fog as well and delays on the freeway head in the toward the walt whitman bridge. Now, ft. Washington, as you head westbound over toward midcounty vehicle fire, off to the side, but it is a tracking some attention and slowing us down southbound of the blue route mid count any through the schuylkill because after accident. So, a lot of accident already in the 7 00 hour, then delays on 55 work your way out of depth forwards in toward the route 42 freeway. Mass transit and the airport so far so good. Mike and alex back to you. Thanks, bob. To the breaking news out of North Carolina at least 12 officers have been injured. Police cars damaged after protest
James the area and think there is a san jose and saw the communities and a lot of it in effect until 9 00 and for good reason it is cold enough that youll need layers this morning. Will tran the more i absolutely do not let the sun for you it is a beautiful morning the witness step out many people even though they knew it would be cold theyre caught off guard off and ran back into the house to grab extra layers weve seen people where to jackets this morning you can see people waiting for their buses and with a better hoodies hands of their pockets and there but a well as they should this is probably the coldest morning the we have seen in quite some time fee to talk to a man here is what they had to say. 4 pence capstan close and that about it. Will tran he was a smart one because he was compared with two of the will have that a little bit later in the she said she wished she brought her clothes as she was ready to go to everything talk about it except the gloves that sure you have a l
Territory for the First Time Since 2008. The futures this morning after those two trading days do look like they are indicated higher. Dow futures up by 19 points above fair value. The s p futures are up by just over 1 point. On the economic agenda, december nonmanufacturing ism and november factory orders, both due at 10 00 a. M. Eastern time. Later this morning its about jobs. The adm jobs report on wednesday and the governments payrolls will follow on friday. Thats going to be the big one were watching. We have more on the markets and the economy throughout the morning, but first andrew has a roundup of the top corporate headlines. Good morning. Good morning, becky. We have a lot of news for you. Jpmorgan nearly a 2 billion settlement with federal authorities to resolve suspicions of the bank ignoring signs of Bernie Madoffs ponzi scheme. The New York Times says the banks civil and criminal settlements would involve deferred prosecution agreements and of course the 2 billion settlem
Good morning, im Muhammad Lila in for john muller. And im Marci Gonzalez in for diana perez. We begin with the brutal cold. That is sweeping across much of the continent. The latest weather map shows the polar vortex pushing superfrigid air from the north pole as far south as louisiana. Highs today across a wide swath of the midwest will be well below zero. In chicago, where the schools today will be closed, overnight temperatures at minus 20 degrees. St. Louis, heavy snow is falling with forecasters calling for up to a foot of snow. Some folks in st. Louis are resorting to ditching their shoes in favor of crosscountry skis, as you see right there, like this man in university city. We have more from mary bruce in washington. Reporter theres cold and then theres this. Bitter, bonechilling, freezing air sweeping across half of the continental u. S. An arctic blast plunging temperatures to lows not felt in decades. It was just getting nice and balmy, 7 below. Reporter wind chill warnings.