Its way towards new england tonight. Hi there, everyone. Thanks for joining us. Im Heather Hegedus. And im Mark Ockerbloom live from manchester. One week from tonight the results will be rolling in. First chief meteorologist Kevin Lemanowicz is tracking some rain and wind for tomorrow. Kevin. Yeah, the initial concern is when this gets in here in the morning how cold it will be. This storm means business. Heavy snow falling as far east to the great lakes. We continue to deal with them tonight. This system is moving our way. We are not gonna see tornadoes nor will we see heavy snow. We will see some affects. I used our High Resolution model showing the green in here in spots of yellow, as well. There will be a few places at or below freezing and that could cause some spots of ice. Temperatures for the most part will be above freezing in all of the area by about that same time. Well have so watch for spots of ice, thats something shiri will be dealing with first thing in the morning. Wha
Ceo john donahoe called the corridor challenging. They showedow ecommerce search results weighing on the business, but the paypal unit showing solid growth. Pay 450s agreed to Million Dollars to settle allegations that it conspired to fix ebook prices. The trial between them and 33 attorney generals was going to start this month. Tole just paired with ibm improve enterprise business. To our lead story of the day, Rupert Murdoch looking for a new piece to his media empire and hes hoping time warner is the perfect fit. The warner has rejected initial bid and murdoch is said to be willing to pay more to get cnn, turner,hbo, and more. It was first brought to the attention by murdochs deputy over lunch last month in new york. A numberncerned about of factors including succession plans, the fox share structure, and the future of cnn. I want to bring in senior west coast correspondent Jon Erlichman with us from l. A. Thise been reporting on all day long. What is the latest on what we know now
Ecommerce search results weighing on the business, but the paypal unit showing solid growth. Apple has agreed to pay 450 Million Dollars to settle allegations that it conspired to fix ebook prices. The trial between them and 33 attorney generals was going to start this month. Apple just paired with ibm to improve enterprise business. To our lead story of the day, Rupert Murdoch looking for a new piece to his media empire and hes hoping time warner is the perfect fit. Time warner has rejected the initial bid and murdoch is said to be willing to pay more to get the owner of hbo, cnn, turner, and more. It was first brought to the attention by murdochs deputy over lunch last month in new york. He was concerned about a number of factors including succession plans, the fox share structure, and the future of cnn. I want to bring in senior west coast correspondent Jon Erlichman with us from l. A. Youve been reporting on this all day long. What is the latest on what we know now . Well, look at
Unbelievable whether it is mna, the fed cracking down again on the biggest banks in america. The list goes on. Time for the top business stories from around the world. Walgreens joining those who up agreed to by Companies Overseas this summer. The drugstore chain says it will not move his headquarters from illinois when it requires acquires the group. It may take action to limit use of the socalled tax aversion. Time warner has news of its own. The day after Rupert Murdoch said it is dropping a takeover posted earnings that beat estimates. Time warner says it will buy back 5 billion of shares. Shares are down about 10 in early trading. As shakeup at the countrys third biggest wireless carrier. Sprint replacing dan hesse he with the founder of mobile phone distributor bright star. Ending the pursuit of rival tmobile after concluding a deal would be unlikely to survive an antitrust challenge. Copsere are a lot of policing wall street these days. The new York Attorney general, state super
We learned today that the u. S. Economy grew at its fastest rate in 11 years last quarter. 5 for the three months ending in september blew away most forecasts, in the second quarter. Its the latest evidence that the economy is now sizzling five months after it began, and the rest is continuing to struggle. Goods and services, and the Third Quarter gains came from strong spending from consumers, businesses and the federal government. Reasons for wall street to cheer and for the Stock Traders to wear silly hats. Dow jones passed 18,000 for the first time ever. The dow is up 9 this year, and the s p has gained almost 13 . The recent gain in stocks has been fueled by the federal reserve, saying that it will be patient in raising interest rates, mainly due to Falling Energy prices, keeping a lid on inflation, and gasoline prices are putting more money in the pockets of consumers. It all sounds great, especially when you consider that average housing had impressive gains in november. But let