Years and they plan to slash jobs in cutting their workforce following a net loss of 1. 9 billion. Netflix said the company will talk to a Chinese Media group. Stephanie blues legend bb king has died. Best known for his kids for his hits we angel, died at his home in las vegas. He was 89 years old. Erik may he rest in peace. More headlines for you this morning in nepal. U. S. Marines confirmed that the wreckage of the missing helicopter has been found. The helicopter disappeared earlier this week on an earthquake Relief Mission carried six soldiers and two men from soldiers from nepal. The video earlier in the week shows at least one of those marines delivering food and other supplies to earthquake victims. A judge may have to decide how much many victims get from the amtrak derailment in philadelphia. Federal law caps on total rail damages at 200 million dollars. Eight people were killed and more than 200 injured. Investigators say that in the next few days, they may get answers to th
Will come here and speak for a couple hours. Day one of negotiations. Nobody is expecting huge news but as jim has already tweeted out this morning, the market is going to look for signs that this tone of compromise that weve heard so much about all week long is that for real or are talks going to break down in early stages . The market specifically is going to depend on that tone today and well bring that live when the meeting happens a little after 10 00 a. M. Weve seen reaction of futures to the possibility of a deal. Weve been down for six of the past seven days but the dow this morning implied open is up 33 points. Sapp looks s p looks to add fiv. Here we have italy down threequarter percent and mixed bag for the rest. Carl . Okay. Were going to go to the road map this morning. That is where carl is in washington d. C. Reports this morning that hard decisions surrounding deficit reduction could be kicked down the road until 2013 in favor of a smaller package of tax increases and s
Cost of tax reductions. The alternative minimum tax is 28 . If your tax rate was lowered to 25 . You still have to pay 28 . That is correct. For incomes between to london thousand dollars and 500,000, the effective tax rate is 35 . You hit the 35 rate and incomes fire lower than the income levels at which you would hit the 35 rate and regular tax. Why do they call it a patch . It is a one time year by year patch to stop the broad expansion. You could ask why they call it a cliff. They have discussed this in terms of the patch. It is a year by year increase in the exemptions. The patches nothing but the increase in the a in the exemption to prevent tens of millions of people from being forced to fill up the return you have. The only thing i would add is the package, what makes this so critical in the fiscal cliff discussion, is we are talking about the past for the 2012 taxable year. Unlike the rest of the fiscal cliff which effects rates that will apply next year. The patch applies for
Held to kwt. Pressure grows to stop the syrian regime. Credible use of weapons by syria. If that gas discharges it would take only one minute to kill tens of thousands of people. I would not put it past assad to use this weapon its the kind of regime hes been leading. Where are they taking you, john . To jail. John mcafee under arrest in guatemala for entering the country illegally. He vanished after his neighbor was found dead. The administration, are they prepared to go over the fiscal cliff. Absolutely. Fiscal cliff negotiations in washington, still up in the air. Most lawmakers have gone home for a long weekend. Ill be here and ill be available at any moment to sit down with the president if he gets serious about solving this problem. The duchess of cambridge has left hospital. There for morning sickness. How are you feeling this morning, kate . As of today, possession of small amounts of marijuana is legal in the state of washington. Now the 55th annual Grammy Awards revealed. The
Held to kwt. Pressure grows to stop the syrian regime. Credible use of weapons by syria. If that gas discharges it would take only one minute to kill tens of thousands of people. I would not put it past assad to use this weapon its the kind of regime hes been leading. Where are they taking you, john . To jail. John mcafee under arrest in guatemala for entering the country illegally. He vanished after his neighbor was found dead. The administration, are they prepared to go over the fiscal cliff. Absolutely. Fiscal cliff negotiations in washington, still up in the air. Most lawmakers have gone home for a long weekend. Ill be here and ill be available at any moment to sit down with the president if he gets serious about solving this problem. The duchess of cambridge has left hospital. There for morning sickness. How are you feeling this morning, kate . As of today, possession of small amounts of marijuana is legal in the state of washington. Now the 55th annual Grammy Awards revealed. The