Why the government, not the banks, are doing more harm than good. Stocks finally in the green after a tough start to the new year. Lets check in with Nicole Petallides. What is driving the market . Nicole all the major averages down a percent or more from yesterdays close. Gaining back a lot of that, up 11 116point somewhat of a reversal. The other thing talking and reading a note he sends out, sometimes you see the market slow down a little bit, but that is not the case today. A different type of market and the people waiting for little bit of bottom fishing may be disappointed. The nasdaq up and the s p gaining half of 1 . One winner on the dowel all time high, United Health care. It was raised over at Deutsche Bank. That is good news for them, the Top Performing sector, health care overall. There is the look one year at health group 50 in the last year. Lori thank you for that. Good news if you are stuck at the airport, jetblue restoring service in new york and boston after being fo
Again and if they do and make another sales call to you, that is violating block. By letting the law. You can Tell Companies not to call you again and if they do, that would be a violation. The third part of that is the robocall rule which says generally speaking that businesses cannot make sales based robocalls to consumers. Those calls are prohibited even if your phone number is not on the national do not call registries. The only exception is that the consumer has provided the business with the express written permission to robocall them. The handful of types of calls that are not covered under the telemarketing sales oral business to business calls are generally not covered, and Debt Collection calls are generally not covered, Customer Service and Customer Satisfaction calls, survey calls but only if they dont contain a sales pitch. If it is a service call that tries to end up selling you a trip for a cruise or some sort of product, that is against the rule. Political calls are not
Z [captioning made possible by bloomberg television] first from our a. I. G. Results weve carol master. Here are some of the headlines for this hour. A. I. G. Host posted a Fourth Quarter profit, and is cutting about 3 of its work force. And we will be interviewing bob ben moshey later this wour. Meanwhile, roisk for the uarter is 4. 6 billion. Nd bowing to pressure from his will the president resign tomorrow. It has been a very good day generak. He company is up more than 13 . The president and chief constitutive joins us now from milwaukee, wisconsin. It is great to have you with us. Tell us what is requesting 0 going on with the company right now because of the demabbed for your products. Having me. Imm, for were very busy as we have been the last couple weeks. The Winter Weather in the u. S. Has been pretty dreadful if youve lived through it and been causing a lot of Power Outages. Pennsylvania last week with the ice storm, the southeast this week moving up the coast here as well,
But right now, a very gray start out over the bay bridge. And in some of the north bay valleys some thick fog. 58 in oakland right now, 54 in San Francisco. 58 in san jose. This afternoon, temperatures soaring into the 80s and 90s in the south bay. I think the east bay youre looking at lots of mid90s in the warmest spots inland. Then inside the bay much cooler about 67 degrees and very pleasant in San Francisco. Going to get hotter over the weekend. Well talk about that coming up. Lets check the roads with elizabeth. Thanks, lawrence. Speaking of friday, it is friday light over at the bay bridge toll plaza. The metering lights havent been turned on yet. So we have a few delays in the outer cash lanes. Let me show you where its not friday light. Earlier overnight roadwork finally cleared out of lanes approaching hacienda. The commute through the Altamont Pass and the livermore valley, in that heavy category. So this is busier than normal for friday especially. 34 minutes on westbound 58
Welcome to Wiley’s update on recent developments and what’s next in consumer protection at the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC). In this.