Odds since the beginning of august, thats when they were blacked out on time warner systems in los angeles, new york and dallas and smaller market as well. Well talk to a media analyst in the next half hour to see who came out as the big winner on this. Cbs, kind of thumping its chest. Well talk more about that. First, back to the tech story overnight out of europe, jon fortt talked to microsoft ceo Steve Ballmer an hour ago and joins us from san jose with the highlights. This caught a lot of people by surprise, jon. Not entirely surprising that microsoft would look at perhaps stephen elop as a ceo candidate, but the timing of picking up all of nokias devices and Services Business quite surprising. All the talk on twitter also over in germany where there is a major tech show kicking off that will be following throughout the week. I spoke to Steve Ballmer about an hour ago, first on cnbc interview. We talked about the join up of the two companies, we talked about stephen elop. Listen to
Have eurozone unemployment ticking higher slightly. A mixed bag there. Little change overall in europe. Our road map this morning starts with what else . The fiscal cliff. The president heads to a pennsylvania toy factory pressing his case for a proposal that actually leaked last night seeking 1. 6 trillion in tax hikes. Republicans in morning balking and cliff fears prompt another company to issue a dividend and its whole foods. Owner of taco bell, kfc, have warned that sales hit the skids. The shares yesterday hit a fresh high. Facebook unlikes zynga. Zynga shares are plummeting this morning on the news. Never an ego boost for the ceo when the stock falls on the news that hes keeping his job. Thats exactly whats happening with groupon as the board keeps andrew mason. The president heading to a pennsylvania factory this morning. Republicans have given a thumbs down to the president s plan which includes a 1. 6 trillion tax increase, 50 billion in Infrastructure Spending for next year
Make it to the house and what the next step is. Coming at 6 40 eastern time, red hat has been red hot. That company reporting Quarterly Results and we have the ceo. At 7 00 a. M. Eastern time, we will welcome our guest host, roger altman and barry knapp. We have Thorsten Heins joining us, as well. Our big story of the morning, it could be a tense days for the markets as the resolution to the physical cliff appears less likely. We can see the futures opening at least 150 off if things keep up the way they are. House Speaker John Boehner failing to mount enough support for his plan b that would raise taxes only on families earning more than 1 million. The president vowing he will press ahead with congress to get a deal done. He wasnt going to do it, anyway. What does he mean it will press ahead . I dont know. Because it wasnt going to go to the senate. But to me, the demonstration that boehner didnt have the support you thought boehner never had the support for this plan . No. Im saying
disaster. reporter: hi, david. we re getting a better look at how some of the damage is here. we have been coming into slowly into some of the neighborhoods here. you can see some of that behind me. the death toll still officially at all right. i believe we ve lost jane s odd why. you saw some of the devastation there right behind her. there will be a press conference from oklahoma and the president will also be speaking to the nation from the white house at 10:00 a.m. if you want to help, by the way, there is some information we can give you from the red cross. you can text red cross to 90999 to give their 10 to disaster relief. you can also call 1-800-red-cross. as we said at the top of the show, carl quintanilla is over at the market, and he has a lot coming up later in the show. carl? as you know, it s a tough morning. a lot to cover and oklahoma will be a big part of our coverage this morning, but we will talk to marisa mayer of yahoo and david karp of tumblr.
he s the 37th commerce secretary of the united states. he s the former chairman and ceo of edison international and also the former president of the california public utilities commission. president obama when he first appointed him last year talked about the fact that he could help to bring to strengthen ties with the business community, the environmental community. both communities really cheered his appointment at the time. and he was brought in in part to strengthen this administration s ties with the business community. so that s who this commerce secretary is. he is resting right now in d.c. this investigation is still continuing. however, authorities out in l.a. and here in d.c. stressing that this was all caused by a seizure. thomas? kristen welker at the white house for us. kristen, thank you. on now to publics and the two presidential campaigns trading fire over president barack obama s remarks that the private sector is doing fine in contrast to the public se