And our chief washington correspondent peter cook tells us how john boehner is pushing back against the call to shut down the u. S. Government. We get to those stories in a moment. First, to our top story. Learned thews has European Central Bank Governing Council will consider proposals next month for broadbased asset programs that would include sovereign debt, according to two euro area centralbank officials familiar with the deliberations. This comes as ecb president mario draghi unveiled what he called substantially lower forecast for inflation and growth. Latest microeconomic projections indicate lower inflation accompanied by weaker real gdp growth and subdued monetary economics. Ecb holds its next Monetary Policy meeting on january 22. Russian president Vladimir Putin took aim at the u. S. And the European Union today in his annual state of the nation address. He said both wouldve imposed economic sanctions on russia, no matter what happened in ukraine. He says their goal is to h
Youre watching Market Makers. Its a wednesday in new york city. Wednesday around the world, too. Market maker im wearing pan. This is a much bigger deal than you might think. I could not find a skirt that fits. That is clearly the top story in business and finance. Here are a few others. Shares of target are rising this morning. Posting thirdquarter earnings that beat estimates. U. S. Sales better than the company itself expected. Expansion into canada is showing signs of improvement. The u. S. Is demanding that Chicago Corporation and sutomakers recall all car with these airbags. So far, only cars in states with high humidity have been recalled. Who needs taylor swift anyway . Spotify is expanding and will boost its workforce by one third. They will hire 500 more people while improving software. Artists such as taylor swift have criticized spotify for not paying them enough. Supporters of the Keystone Pipeline said the controversial project is down, but not out. The keystone came up o
Tells us why he decided to screen the film. Lcome to Market Makers where have you been . I am reporting the news. We are in for eric and stephanie. It takes three of us. Can we get a wider shot here . Bob avery with us as well. Bob is the editor at large for bloomberg news. What a cool title. You have not been captured yet. Like a fugitive. We start this morning with the bulletin. The top business stories of the morning. The biggest investor headed to the court blue Crest Capital is suing whitneys hedge fund after it refused to return request investment. Blue crests investment. The suit was filed in bermuda. The over ceo indicted in south r ceo indicted in south korea. The maximum penalty is a twoyear prison term or fine of 18,000. Sony pictures will release the interview and 300 theaters tomorrow. That includes dozens of alamo draft house theaters and the plots in atlanta. 100 theaters will get the film next week. So far, none of the major chains former president George H W Bush is in
Now the tech giant is dropping the nokia brand title months after it completed that transaction in its hand set business. So there goes the beginning of the end of nokia. Separately, ford will begin production of its resigned f150 today. The vehicle now has an aluminum body and the f150 has been the nations best selling vehicle for 32 straight years. Well see whether they can keep that up. Fill lebeau will join us with mark field at 7 30 eastern time to talk about it. And june per networks ceo is out. He quit following a board review of its conduct and negotiation of a customer. The network gearmaker says they wont impact the companys finances. Shares of juneiper up 13 in the last month. You havent looked into that . What are they talking about i cannot give you can explicit details. I have done a little bit of work, but i dont have enough. Is it explicit . Theres things that were said to this customer, but i dont know enough but its not explicit . I dont believe so. Okay. Why the nice
Situation very closely. He will have to make the final decision on what to do next. But he did admit the french authorities did know ta these attacks, attacks like this were a possibility. Well continue to update you as things progress. All right, hadley, thank you very much. We will continue to follow in this morning. Obviously, this is a rapidly developing situation. Michelle Caruso Cabrera is back at cnbc headquarters and following these developments as well. A little more we can add to hadleys reporting is we believe they are holed up in some kind of print works. Thats what reuters is reporting that large building that we see there, its not quite clear what that is. It is a small town of only 8,000 people, but its an industrial down. One of the wires interviewed a plumber who lives several doors away from apparently where the situation is unfolding. He said this morning, he did not go to work because he heard gunfire and then the municipality has posted on their website that everyo