A day finding footing, and, particularly, now, three straight weeks of gains. The dow right now up about 11 points sitting here at the level of 15474. Not near the alltime highs yet, but getting closer and closer bit by bit. The tenyear yield under 2. 58 according to the cash to allow them to keep the mild bid here going with markets that are favorable. I want to look at citi group because they have quarterly numbers showing profit on the rise, and that, obviously, has helped citigroup along as we have michael in place working on cutting costs, building earnings, and the like. So far, so good. Stocks up 2. 1 , great news there. Citigroup and financials have done well, and that, obviously, gives the market confidence. Back to you. Lori nicole, thank you as always. Topping the stories today, shares of boeing climbing as much as 3 as british authorities said batteries were likely not the cause of the fire on the 787 Ethiopia Airlines plane in Londons Heathrow airport. Well, dow jones repo
The goal is not to reimburse the provider and in turn the patient. So the firsta one is, we lost your paperwork or you didnt fill it out correctly. Another one p is, youre not covered anyway. Therefore we will not reimburse you. The other is, your doctor did it wrong. So there. Are cereal hurdles, so on each hurdle people get tote next point which is your reimbursement. Gerri we shouldso establish youre a practicing physician. You know what you speak of. Youre in the middle of all of this. Im a parity. Im a wife and mother of four. Yes, im onea both sides. Gerri youre on both sides. You talked about this practice of coding up, what is that and what disit mean for consumers . Everything is based on the code which is a transaction fee. Think of it as a sku number for what your doctor gave you. It is very specific. The insurers basically dont want to pay, providers and hospitals and physicians do want to pay and Patients Want their services covered. However it is fraud to say you gave a s
Hiring . We called the leaders of some of americas most Profitable Companies and asked them why they arent spending some of their cash hiring even more workers. Hello, this is linzie janis calling from abc news. Those that got back to us stressed they were hiring. Still, experts tell us companies are working leaner. Outsourcing jobs to countries with cheap labor and using technology to replace factory workers. Increasingly, manufacturing is going to be a matter of computer programming, software and robots. Reporter thats why experts say math and science degrees are golden these days. And that stock is only going up. Diane, the people we spoke to today say theyve learned to take nothing for granted. All the traders we spoke to mentioned three things they are watching. The chinese economy, the european recession and, most of all, that grid lock in washington. All right, linzie, thanks so much. And a reminder, the unemployment report does come out this friday, a brand new one. And now, we
Contracting every bit of bad news in europe. That lines up with u. S. Companieses that does business there. Mixed Economic News here at home m weekly unemployment claims came in higher than expected but the Housing Market, yeah, that remains a bright spot. Existing home sales we found out today, they rose and home prices have been going up. That was good news. Stocks were lower but they have bounced back up. Thats a nice way to end the hour and the day with the markets and good news. A couple bits of good news. Thank you so much, alison kosik. Thats going to do it for me. The situation room with wolf blitzer starts right now. Fred, thanks very much. Happening now, a brazen shooting leads to a deadly Chain Reaction crash all within major sites of major casinos in las vegas. The major investigator in the pistorius case has been thrown off the case. And a senator admits that he fathered a child with another onetime senators daughter. Im wolf blitzer. Youre in the situation room. All that
Niagra falls is freezing. Its cold in atlanta. This is cnn newsroom. Area. It looks intense. Going back and doing research its not unprecedent ed here is the more ominous Tropical Cyclone. You can see the two paths Going Forward over the next 48 to 72 hours. Im going to start to focus on Tropical Cyclone marsha only because this is a densely populated area and it has the potential to impact brisbane with heavy rain and strong winds Going Forward. S time. That is unprecedented. They have had over 100 millimeters of rain from an unaffiliated storm system. This is actually Tropical Storm marsha. G forward giving obvious clue as to why there is a possibility of flash flooding across the region. This is a population of roughly 130,000 people. The bulk of the rainfall. None the less the possibility is here. Were talking about whats happening on the coastlines. As this weather moves inland were talking about a multiday event yes . Absolutely. To Eastern Ukraine and a cease fire that appears t