Blackrock ceo explains why is optimistic about u. S. Markets. We have a dramatic increase in prices. We are fair value to moderately above fair value today. We are not at the levels we saw in 2000. We are not saying the same p es where you had true bubbles. The stock rally will continue into 2015. Jpmorgan may need the more than 20 billion in next or capital to meet a new requirement by the fed. Jpmorgan has already had a highest capital surcharge under International Regulators recommendation. The u. S. Supreme court says amazon workers do not have a federal right to be paid for time spent in security searches after their shift ends. The justices unanimously rejected claims by former employees who said they should be paid for time in antitheft searches. Snapchat hired a chief strategy officer. He led the team that worked on alibabas ipo. We spoke to him in november to take get his take on the future of tech investing. Investors are excited about the technological opportunities and of y
See what it gets away with and decide what it can do with their own airline. Absolutely, more of this is to come but spirit is the more extreme unblond letter, under bundling fares to a degree most airlines dont. Gerri we talk about baggage fees but will other fees down as well . If you look at spirit, seat assignment fees. Some airlines charge you if you want a particularly special seat, exit row seat, for example. But spirit charges you if you want to tick any particular seat at all. Other airlines are starting to do that. Delta for example, not annulet stray lowcost carrier like spirit, some seat gerri if you want a seat you have to pay extra . That is astonishing. If you want a particular seat. Gerri right. One thing to keep in mind. Dont be fooled. If you it looks like you absolutely have to pay for seat assignment, you never do, that would be illegal. Keep in mind as consumer, if it looks like that you dont. If you have confirmed seat even if not assigned seat, the airline has to
Oh here we go and get ready for an unprecedented Live Television event. This volcano erupting right now. Ginger and our gma team on site, about to give us all a live look inside one of natures most explosive wonders with the help of this drone. Its dangerous. Its amazing. And youve never seen anything like it. And we do say, good morning, america. Great to have amy and michael back from the super bowl. And we have quite an adventure ahead today. Ginger has just arrived in iceland this morning. Shes now at the gma base camp there. Theyre about to head for an active volcano. Taking every precaution. Take a look at these gas masks. Theyll wear those just in case the wind shifts but even more impressive, look at this volcano. The drone is going to head right toward it this morning. Were sending the drone trait in and well have that live this morning. You see the smoke right above the volcano there. Pictures you probably have never seen before but youll see them this morning. It is cold the
Bill Erik Schatzker tweeted from somewhere in east asia. Stephanie he tweeted a picture of a goat. I cannot believe it is the first day of spring and it is freezing out. Im going away next week. Will you be here . Bill im going away, too. To visit my parents in florida. Stephanie lovely. You dont want to hear about our vacation plans. The top business stories of the morning you have to pick up the pace. They have told the Prime Minister that greece must submit a more concrete reform plans of that bailout talks can speed up. Greece is quickly running out of money after four hours of talks in brussels cyprus put a positive spin on the issue. I hope after this the liberation deliberation, all the sides will try to do their best to overcome the difficulties as soon as possible. Stephanie no Firm Deadline for when greece could run out of money. Eurozone Officials Say this only a matter of weeks. American Airlines Flying high today. At the close of business, the company will be added to the
Indian coastline. Good to have you with us. In washington, focus shifted to the impasse. The talks came after Senate Democrats rejected a republican bill to temporarily raise the debt limit and fund the governmental. Afterwards, senator harry reid spoke about his history with Senate Minority leader Mitch Mcconnell and how that might impact steps going forward. Senator mcconnell and i have been in this body a long time, weve done things in the body together, i know him, he knows me, we dont agree on everything, and that is probably an understaple, but we were whirps together. Togetherwhips together, we revamped government together as whips. If we have political sciernts out there now, this is a class case of what Political Science is all about. We have had too little sitting down trying to work out problems. Thats what were doing now. What seems to be a pattern here, day 12 ended with a lot of call and very little action. John terrett are reports from capitol hill. It was a very are pro