Denham, an chairman schuster laid the groundwork in 2006 when his postkarina reform act authorized fema to conduct a number of recovery programs. Costs of dramatically reduced, projects were completed faster and the process was more efficient. Without making permanent the debris removal program, the taxpayer could pay six times the cost of debris removal and it could take much longer. The individuals and households Pilot Program incorporated in this bill would reduce costs by a similar amount and make temporary Housing Available faster. In hearing after hearing before our committee experts, fema and the Inspector Generals Office have all testified communities will be rebuilt faster and taxpayers will save hundreds of millions of dollars with this bill. We know the current process is broken and we finally know how to fix it but we have to change the law by march or it will be too late to apply lessons to Sandy Recovery. Its been nearly eight years since Hurricane Katrina and there are s
Monetizing mobile, and contrary to popular belief, teens are still using it. And General Motors is beating expectations and showing signs of improvement in europe. Plus one of the cars gets a rare award from Consumer Reports. And michael dell is writing a letter saying that he at peace because of what shareholders make. And sac capital could come the kaye and we could come today, and we could have more on that. And at least eight wall street firms raising the stock on facebook and the stock is growing after the Second Quarter results were out last night. They make up 41 of facebooks edadvertising revenue s and Mar Zuckerberg on the Conference Call last night. When it comes to mobile, i am pleased with the results. We have more actives on mobile than desktops and more than half a billion people use facebook on their mobile than desktop. And jim, everybody is buzzing that it is within 14 of the ipo price of 38. Well, it is a big position for the Charitable Trust and looking bad for a whi
Cheryl research in motion on a tear. The blackberry maker is soaring monthly income investors taking heart to the word strategic alternative. I am cheryl casone, this is the last hour of trading and the countdown to the closing bell begins right now. Liz claman is on assignment this week in switzerland gearing up for a ton of great interviews with leaders and business from around the globe. Including one of the biggest names in technology and a big party apple ecosystem. Talk about qualcomm. Talking strategy with the ceo of qualcomm, paul jacobs. And ken fisher, ceo of merck, a pioneer in new targeted therapy talking to liz, plus you know him, chairman and ceo of cocacola. Just the tip of the iceberg in terms of Business Leaders coming up. Tune i into the Fox Business Network all week long for the biggest interviews from davos. Lets get to research in motion. The stock is jumping once again, cracking the 17 mark. Heavy volume today. How much of this is due to a potential licensing deal
Boeings flight plan, the Aerospace Giant heads to washington today to pitch the faa on a plan for fixing the dreamliners battery problem. Tech toughness, shares of Hewlett Packard getting a boost on a better than expected quart ily report and upbeat guidance. Plus, a key election in italy. Not the pope yet. Thats coming, though. The outcome is anything but certain and the Global Markets are paying close attention. Its friday, february 22nd, 2013 and squawk box begins right now. Good morning, everybody. Happy friday. Welcome to squawk box here on cnbc. Im becky quick along with joe kernen and Andrew Ross Sorkin. Keeping an eye on the u. S. Equity foourchs, well, after a couple of days of declines, dow futures are up significantly this morning. Thats a gain of 50 points above fair value. The s p 500 is opening up by about 6 points and this comes after two days of declines and a lot of questions about whether this rally has tapped out, at least for the moment. Among the key Market Drivers
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