Have beenory we following, which is a rough start for ups, not a rough start, but a rough finish, for ups and amazon. Com. Joining us. Is how did ups miss its shipments . This itsd ups shipments . Itself,ad braced rejecting it would ship 132 million packages go bully during the week leading up to christmas. It did prepare. It added 55,000 our time holiday workers. At least 23 extra jets its trucking fleet to keep up with at least 23 extra jets and increased its trucking fleet. This would seem to be good news for Holiday Shopping numbers overall. It is not good news for ups. Amazon is squarely placing the processr ups saying, we the deliveries and did our part. Something failed after the packages of our warehouses. Clearly, something failed. They have got to get to the bottom of it. Amazon and other retailers are reacting in what ways . Gift cards offering and Free Shipping on wednesday packages get there. They should be there in the next couple of days if they did not arrive on christm
The latest on ukraine. Michael mckee previews president obamas move to expand overtime pay. We begin with peter cook on capitol hill. And stanley fischers confirmation hearing. Good afternoon. Did he receive a warm welcome he did. Ho there is no doubt that he will be confirmed. By the full senate. Senators today particularly impressed with his resume. They have been since the president first nominated him. He is a legend in the economic circle. As centralears governor for the bank of israel and pressing senators appear on capitol hill. It is his resume that grew the most intense questions today. His time at citigroup. He spent three years with the bank on wall street and he was questioned about that by Elizabeth Warren. Of wallo big fan street. He defended his time at citigroup saying it made him a better central banker and regulator. Without that experience, i not have seen the inside of the bank. I thought that experience was extremely valuable. Toughestas about the moment for fische
The power ball but i never play it, you usually do. Dagen put it in the calendar. Connell lets go to Nicole Petallides at Stock Exchange to get started on markets now. Nicole good morning. We are watching the markets as you noted ahead of the fed and we are up 66 points at the moment, 1 2 mixed bag of winners and losers. The s and p is higher just like the dow down 1 4 and the nasdaq pulling back, coming off of two story weeks of gains for the dow but traders think the momentum remains to the upside and continues to note the fact we stomachs some tough Economic News like jobless claims and others that havent been so great and the market still managed to rise higher so there is good news that could propel us to the upside. That being said we had a couple pieces of news from abroad including u. K. Unemployment rate, and expected the edged higher and we have a big merger deal today in the jewelry business. A lot of pieces of news on wall street today. Connell Congressional Budget Office o
President obama said in a cbs interview that russia must move its troops that on the ukrainian border. The president also warned russia not to revert at to cold war practices. Inwe have no interest circling russia. We have no interest in ukraine beyond a leading the ukrainian people make their own decisions about their own lives. And it is true that we reject the notion that there is a along theinfluence russian border that then justifies russia invading other countries. At this afternoon, the Un Security Council is planning to hold a secret meeting to discuss the crisis. Russia has rejected a yuan resolution affirming the territorial integrity of ukraine. Mood among a strong the vast majority of russians that the United States is very happy to facilitate russia declined, Energy Diversification away from russia and even Shock Therapy which i do not necessarily agree with. But that is their perception. And they are sitting on red line which they take much seriously than we do, on ukrain
In nigeria, the ladder of an armed Group Released this tape threatening to sell school girls. In afghanistan where a smud slide may have killed more that 2,000 people, the offer to help survivors is running into new reasons. Back in the United States researchers at harvard made a major breakthrough in mice to reverse the effect of aging. Now the question is will it work in humans . We are starting that hour in nigeria, where the anguish intensified for families of 276 school girls kidnapped and missing since last week. The armed militant Group Boko Haram, which wants to turn nigeria into anst lambic state released an Islamic State released this video saying the girls shouldnt be in school, and should be married. He said he will sell the girls boko haram has killed thousands, but the latest crisis gripped the nation and is challenging it the countrys leadership. Ynonne ndedge has the latest from abuja. Saratu ndirpaya says she was arrested and detained on the orders of the first lady, p