One of note today, walgreens we will give it up too. Items of note, the indian Prime Minister meets secretary kerry in washington, hes really doing a fullcourt press. From Madison Square garden to central park to dinner last night with the president. Where he drank only lem none water. A hearing in washington on those White House Security breaches and finally just want to point out microsoft is introducing windows 9 in india. Weve got him here in the u. S. And microsoft c. E. O. In india opening up a new data center. The white house breach is something. How did they depth that far in . The damage of it, like everybody else ive opinion in the green room whos done a tour of the white house and its spiritual, its part of america that this guy got into. Have you been in the lincoln bedroom . No, i did not sleep in the lincoln bedroom. Clearly you didnt give enough money to the clinton administration. 47. Hillary said to me something, tom, youll love it. Let me do a data check right now and
The only real takeaway is that were nowhere near a deal. Hence why the market nose dived. Dow plummeting 185 points. Nasdaq falling 1. 29 . Why ticktock portfolio . Because its becoming evident that we dont have just one traumatic worry ahead of us, the fiscal cliff itself, but a second one, which is that times not on the side of the compromisers anymore. Theres just too much going on in washington to presume that even likeminded people can wrest the debate from the partisan extremists of either party, those who sink below and not rise above. Even if youre confident that a deal can be reached someday, you had to have your breath taken away by the first question from the press after the president gave an impassioned statement about the need to avert the cliff thats going to raise everybodys taxes and just cause such havoc. Thats because the question was about general petraeus. Not the financial time bomb facing us. Oh, no. Petraeus . Petraeus . Dont you know this is bigger than petraeus
Us from around the world, welcome. We have full coverage of the stocks and stories making headlines today. Peter cook looks at whats on the agenda at the Senate Democrats annual retreat. And we will have the latest on its doorsorts to open to global trade. We begin with matt miller and plan toon cbs cvss stop selling tobacco. Quick this is really huge news from cvs. It is the First National chain to stop selling Tobacco Products across the board. Focus in on what it means for the shareholders and the bottom line. About 2it will lose million in annual sales from tobacco customers. That is not clear if it is alsot to macro sales, or the indirect sales of things like magazines and sodas that smokers tick up when they come in pick up when they come into by cigarettes. Shareholders dont seem very bothered. After an initial drop to less than 65, the stock recovered to about 70. Only losing about 1 10 of one percent. Add up tollion does about three percent of total sales for cvs. Merlot, said
Another winter storm, the second this week is blasting more than two dozen states. More than one hundred million americans feeling the brunt of storm. A triple threat of ice, snow and rain. The storm already pounding parts of the great plains and midwest. Its expected to dump a foot of snow in the northeast. Visibility is poor. Icy,slick roads are making driving conditions both dangerous and deadly. To compound matters almost a million of you are sitting in the dark without heat and power. Paul beban is new york where the city saw several inches of snow. What can the people expect trying to get home . Well, good evening, it is going to be a mess. It was a Winter Wonderland this morning and it became a winter night mare, it is a slushy and slippery mess and much of new york state is facing a salt shortage. The streets in new york mroesly clear, but the piles of snow, huge slushy puddles and jumping over and tripping down the subway stairs and it is a treacherous mess here and to the wes
About his latest adventure which has to do with being a grandparent. And a chief executive sees a new way to deal with Heart Disease. All of that is in the next hour, but first, lets get headlines from carol massar. A stakecola is buying in Green Mountain coffee, cocacola buying nearly 70 million of newly issued shares for about 75 apiece, and the tito Real Companies are going to Work Together to develop singleserve beverages. And the first Earnings Report as a publicly held company, twitter posted slowing user growth. Twitter shares are down in extended hours trading. Pandora also out, the online Radio Service beating estimates. Missed some projections, and disney, the Walt Disney Company says firstquarter profit rose 32 , beating estimates, and the hit gotated movie frozen gained for the studio, and iger will bomb bob be on, so definitely something not to miss. Back to you. All right, thanks very much, carol massar. Now, for the latest on the results of twitter, i want to go to San F