it could still cause wind gusts and heavy rain gusts on friday. time for your business view. they launched warby parker. what began as a purely online business was an instant success so why are they focusing their energies on opening retail stores now? for more watch your business sunday mornings at 7:30 on msnbc. announcer: brought to you by american express open for ideas on how to grow your business. i m a hard, hard worker and i m saving all my pay. small businesses get up earlier and stay later. and to help all that hard work pay off, membership brings out millions of us on small business saturday and every day to make shopping small huge. this is what membership is. this is what membership does.
first they start to take a hit with the real penalties, where they feel the penalties, not we, the public. let me ask you a business question. there are so many indicators we look at to see the state of the business, whether it s unemployment and consumer confidence or foreclosures, that sort of thing. but i want the practical sort of business view of it. how is the economy doing? does that get people to say they don t know where to put money and afraid to save money and afraid something happens in cyprus and everyone is scared. what s the state of the economy from a business standpoint? the state of the economy is it better than a year ago, that s like a car on an open highway. we should at this point be going, 70, 80 miles per hour if no one is looking and instead we ll go from 20 miles an hour to 25 or 30. so we re going faster, but it s still a tough recovery. this is the first recovery in history, greta, we haven t had a sharp upturn after a sharp do downturn, it s activity, b
goals, then they first they start to take a hit with the real penalties, where they feel the penalties, not we, the public. let me ask you a business question. there are so many indicators we look at to see the state of the business, whether it s unemployment and consumer confidence or foreclosures, that sort of thing. but i want the practical sort of business view of it. how is the economy doing? does that get people to say they don t know where to put money and afraid to save money and afraid something happens in cyprus and everyone is scared. what s the state of the economy from a business standpoint? the state of the economy is it better than a year ago, that s like a car on an open highway. we should at this point be going, 70, 80 miles per hour if no one is looking and instead we ll go from 20 miles an hour to 25 or 30. so we re going faster, but it s still a tough recovery. this is the first recovery in history, greta, we haven t had a sharp upturn after a sharp do downturn
who will fill the shoes and be the product visionary. steve jobs could understand what consumers want before they wanted all these products. who will step in and be able to sort of create the next iphone or the next ipad? that s the own question here. i don t think anybody can answer that, kyra. i think a lot of people are asking that question. i understand there are some special services for employees today. we don t know when they re going to occur, what we know is that when steve jobs died ceo tim cook put out a statement and said at some point there will be a celebration of steve jobs life for apple employees who can attend. we know that, of course, steve jobs was a very private person, despite his public percsona. funeral details were not released to the public and we re not aware of any planned services for his friends or for his family. i m sure those details will eventually come out and, also, kyra, it s believed that really is only his true inner circle was awar
call for details. see your local chevy dealer. returning to a story we told you about earlier, the consumer confidence index shows americans more pessimistic than at any time since april. some businesses are thriving, despite the recession or maybe even because of it. i m joined by cnn s tom foreman, who as part of our building up america series has been looking at businesses out there with high potentials during hard times. you re with the cnn express in austin, texas. what are you finding out, tom? reporter: well, i ll tell you, if consumer confidence is down, there s certainly plenty of people here who have a great deal of confidence. despite the hard times, and some of them, because they have adapted their whole business view to not merely fight the recession, but to take