Supermodel and the british Prime Minister. Kicking it off with 2014. What better way to do that than with a massive snowstorm . Check this out. You wonder how bad could this thing really be . The blowing and drifting snow is what will make it so dangerous. Orare forecasting 8 inches more in new york. Over a foot in areas of massachusetts. Shouldnt we be a little comforted by the superlatives . What comes after very serious . Zero visibility is not good. Do not travel tonight. That is what we are looking at with air travel. We have seen numerous airport cancellations. Looking at some of the airports in chicago 198 flights canceled. Rk, 136. Is this going to be a multi day event . It is going to be a twoday event. Most of the weather at pfizer is continue until friday. Advisories continue until friday. Combined with the fact that it is a busy travel they. We are estimated between 70 million impacted. It takes a lot of snow to paralyze new york city or boston. Washington runs for cover wh
Company reported another huge financial loss. Which state would you consider the most innovative in the country . The answer might surprise you but here is a hint, it is not california. Docnine this team is , how muchasty could it hurt the network . Blackberrysedit blackberrys red ink is getting worse. It posted a 4. 4 billion loss in the third quarter. Pointe fell 56 to one 6 billion but shares are trading higher after announcing a fiveyear partnership with foxconn which is best known for making apple gadgets. Fox, make life very smart phones in a move that could cut production costs for blackberry. Says the deal will allow blackberry to better serve fastgrowing markets. Cory johnson has more from new york. Does this mean blackberry will be around for another five years . That is not clear. The issues at blackberry you cannot believe how dramatically bad every quarter is for this company. They just surprise in amazing ways with big losses or declines in their business. Years,k at the
Mark, up to a third of online sales may be returned. How online retailers are trying to change that. And we are counting down the top trends, everything from the rights of robotics to the return of the space race from Companies Like spacex. First to the lead. The explosive growth of Online Shopping has made for a not so Merry Christmas for countless customers due to a rush of orders before the holiday. Companies like ups and fedex were unable to deliver on time, including ones for customers paid extra for fast shipping. Add has amazon trying to that has emma gone amazon trying to make a good. Amazon is studying its shipping options. Joining us for more is julie hyman. Amazon is blaming ups. Ups says volume outpaced capacity. That who really dropped the ball . It looks like it was a combination of more than anticipated demand that also the weather. There were a couple of days where bad weather basically grounded planes and just like if you are at an airport, if you get enough planes tha
Mend. Growth has picked up. Unemployment has dropped. The Treasury Department exited its stake from general motors. Congress passed a budget, and n y n the Federal Reserve are confident enough to taper the pace of their bond buying program. The committee decided to reduce the pace at which it is reducing the size of the Federal Reserve Balance Sheet. Bernanke, when should we expect to see additional tapering . Reduction reflects the belief that progress towards economic objectives will be sustained. If the incoming data supports the outlook for inflation, we will likely reduce the security purchases in further measured steps in future meetings. They thought its assessment of Current Conditions in the outlook which is informed by a range of indicators including measures of labor market conditions, financial conditions, and inflation pressures, the committee not anticipate it will be appropriate to maintain the current federal fund target well past the time that the Unemployment Rate dec
Made . Ise over celine, elton, this the new face of vegas. We will kick it off with the world. Two days, discusses that bombings in southern russia. A few hundred miles from the site of the Winter Olympics which began in six weeks. The first bombing came yesterday at a train station in volgograd. This is a video. The time of the explosion, a suicide bomber with himself up near a metal detector. 17 people were killed, 40 five were injured. Investigators say the toll would have been higher if it had not been for barriers that kept the bomber from reaching a waiting area. The second bombing this morning during rush hour. A Suicide Mission in the same city on a trolleybus. At least 14 people were killed and. 7 were injured. Here is your geography lesson. Wered why seven and 27 injured. Volgograd used to be called stalingrad. It sits above the north caucasus, one of the most wartorn territories of the last two decades if not the last century. An insurgencyeen going on going back to the 1990