Caller right now i lost my job because my boss was fired from the university. And recently got my doctoral degree from that university, and i am spending eight hours a day on the computer, trying to network. I want to buck the contention that it is a mismatch of skills between the employer and the people that are unemployed. There was a recent wall street journal saying that part of the problem is how employers conduct searches of candidates, and her recruiting is done. How recruiting is done. I think the Unemployment Benefits should be extended, because sometimes there are highly skilled workers who do not want to take an eight hour minimum wage type job, and theyre not always a good match for that. I will leave at there and let you all comment on that. Host mr. It tanner . Guest employers are trying to get the best employees they can. Productivity of the employees is what makes the business profitable. If theyre not going to do a good job of it, the business will be in trouble. Over
Investor dan loeb buys a large stake in dow chemical and calls for the company to consider selling its petrochemical business. Dow is there point largest current investment. In a moment we will talk to someone who tracked activist investors like globe and find out what the Hedge Fund Manager at the move means for dow chemical investors and we are going to move on later this week. Liz claman will be asking dow chemicals chairman and the e. L. About loebs investment and what he thinks of his proposal. Liz is live in davos, sweetened with the biggest names in industry including artie sorensen, president and ceo of Marriott International and michael corbett, ceo of citigroup, a huge interviews you will want to watch later this week and investors playing defense today quite literally. Nicole petallides at Stock Exchange with all the details on that. Nicole looking at these shares of a lot of defense stocks and lot of new highs. Some good earnings and outlook here by one of the names in part
Apiece after the close yesterday. Checking the shares at the moment, up nearly 2, 21. 87. Facebook will likely make a bunch of new investor friends, because itll become a member of the s p 500, also the s p 100 next week, so this means facebook shares will automatically get snatched by some index and investment funds. Lets have a look, a huge session for the social network, 2. 58, thats 5. 25 , thats a nice jump putting the price at 51. 97. Now, unlike facebooks rally, lululemon having a sour day after it warned about a sheer forty be quarter. Fourth quarter. Straight to nicole pet lee d. C petallides. Reporter taking a look at lululemon, lori, looking you can see its down about 11 to 60. 78 a share. When lori says sheer, that was one of the many problems that lululemon has faced, they went back to the manufacturer, they had to recall some pants. That being said, theyve had to lower their fullyear numbers. They said Quality Control was an issue, getting the products back to the stores
Levels as Hurricane Force winds push that wall of water towards the coast and the last phase of Hurricane Sandy will make this storm into a classic noreaster that could drop several foot of snow in western new york as cold air rushes down from canada and super charges this storms as we go into monday and tuesday. Obviously a big impact for the east coast but some impacts for our local airports. The storm could cause those travel delays for people here in the bay area. We want to go to sfo for more on whats going on there. Hello. Reporter and the airport and the airlines are going to be relying a great deal on their experience. They know preplanning and prestaging will be key if the storm is to have a Significant Impact on air travel. The bulk of the responsibility falls to the airlines as they watch the progress of the storm they are going to determine which flights will go on as scheduled and which ones will be cancelled or delayed. They are also looking at how their fares and fees ar
And has already killed 58 people in the caribbean. Welcome to 11 news sunday morning, im lisa robinson. And im mindy basara. An 800mile swath of the country is in the crosshairs of sandy. Residents on the east coast are preparing for winds, rain, and snow in some areas. We have live coverage with tony pann and Jennifer Franciotti. We begin with tony. Todays not going to be a big deal. It will be a good day to prepare for things. We might get some rain and it will be breezy today but not a lot happening. Right now 59 at the airport. Northeast wind at 12. Winds will pick up heading into the afternoon. Youd call it breezy, not windy, between 10 and 20 Miles Per Hour. Picking up rain on the outer fringes of the storm which is still way off the southeast coast. Heavy rain off the Eastern Shore counties represented by the orange and red, a little rain around baltimore. The best chance for rain today is in the Eastern Shore counties, breezy with temperatures in the low 60s. The worst part of