Malveaux begins now. Happy new year. Stories were watching now. Hours by hour, inch by inch, the nation sliding closer to the fiscal cliff. Well have more on this mornings negotiations and what well lose if those talks fail. And workers in some states may see a pay raise but may not notice much of a difference. Guns are flying off the shelves after fears of a ban on assault rifles following the sandy hook massacre. Were live at the white house with the latest details. Plus this. Reporter im alina cho in times square, where just hours from now new york will host what is arguably the biggest new Years Eve Party in the world. Number one tip. If you plan to come to times square, dress warmly. It is frigidly cold. Cnn newsroom starts right now. Good morning. Im Suzanne Malveaux sitting in for carol costello. This morning the clock ticking louder. The nation inching closer to this fiscal cliff. We could be just hours away from seeing all of our paychecks shrink. Were following all the last m
He made clear, however, that he wasnt focused on the d. C. Memorial but his goal was a world war i memorial here. While i very much believe in commemorating all world war i veterans, i had to oppose altering the integrity of the d. C. Memorial. The d. C. Memorial was built with the blood and treasure of d. C. Residents only, including funds from schoolchildren. More than 26,000 d. C. Residents who served in world war i, the 491 who died, more than the number from three states, have their names enfwraved on the memorial. Our memorial is deeply symbolic of historic and continuing concerns of this of district veterans, particularly our veterans who continue to serve without equal congressional representation, equail equal rights as citizens and equal local government control. In the spirit of Cooperation Among members, members of both party the housepassed version of h. R. 6364 would have protected the d. C. War memorial and h. R. 6364 is amended as amended by the senate similarly will ha
Bring in joe biden, the Vice President called in to help with the negotiations. Maybe we see some movement in the coming hour. A surprise in your check at the end of the week. The mess in washington leaves employers wondering how much they should with hold from your paycheck. The world, stuart was just showing you pictures of shanghai, the world already starting the celebration. The dawn of 2013. Happy new year, everybody. There is a live look at shanghai, china. Top of the hour. Time now for stocks. Good morning. Searching for direction. Not a big surprise for new years eve. We have seen the dow down slightly. The nasdaq is up about 15. We are watching pfizer and Bristolmyers Squibb they just approved a stroke preventing tail. The market for this drug could be huge. 8 Million Worldwide have this disorder. A huge market here for the drug. It is facing some stiff competition. We are taking a look at the markets right now. Bristolmyers is up slightly at the moment. Dagen thank you, diane
And his department are skmited could making it safe for young people. He also sent out a warning that tonight, its new years eve. That means a lot of people may want to participate in celebratory gunfire. He says it will not be tolerate skptd crime suppression teams are working the neighborhood. And the family and friends of victims came together with clergy and Civic Leaders calling for an end to the violence in the streets of oakland. Some headed to the interfaith service. Each cross represents a person murdered in oakland this year. It grew to 131 crosses this year up from 103 last year. This is crazy and there are kids playing with grown up toys and dont know how to;0 control them, how to handle them. And i think its enough is enough. Youve got to stop somewhere. Some families called on city leaders to put more plfrs on the streets. Violence in the bay, San Jose Police hoping to recover Surveillance Video from an underground parking garage to figure out what prok proe voked a shoot
Being it is new years eve they know people will be firing their guns up into the air. In oakland, ann notarangelo, cbs 5. Now to san jose, which has also seen a rise in killings thisser. This map was generated by the San Jose Mercury news showing where each of the citys 46 homicides occurred. Cbs 5 reporter Patrick Sedillo has more on what was hopefully the last murder of 2012. Were treating it as a homicide scene. Reporter san jose marked the last day of 2012 with yet another homicide are, bringing the murder rate to 46 for the year. There are some cameras. We havent been able to pull up whats on them yet. Reporter at about 9 30 a. M. , San Jose Police received a call of an armed man in this apartment complex at the intersection of lewis and wong. So i woke up in the morning and then i heard eye loud gunshot and followed by screams. Reporter by the time crews arrived he was dead at the scene. Once we determined it was probably going to be a homicide, just ramped up the manpower. Repor