Oil inventories on the way and the fed minutes, 2 00 p. M. Eastern time. Our road map begins with raids overnight in france. More from the ground in paris this hour. And a number of deals this hour. Norfolk southern and Canadian Pacific probably not going to happen. But air gas finds a buyer and a deal among some semiconductor companies. Retail, lowes, target, staples are all out with results. First up, this raid by heavily armed police in france targeted the suspected architect of the paris terror attracts. The operation ending with seven arrested and two dead. Forever more we go to saintdenis and our chief internation international correspondent, michelle carusocabrera. Good morning. Reporter good morning. Were on the street where the raid took place overnight. If you look over my shoulder, about seven buildings down on the left is the Apartment Building where the raid occurred on the second floor. Weve been watching for the last several hours police go in and out, removing items. We
Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. Chicago, illinois, is home of da bears and, more recently, da lobsta. Da lobsta is a quickservice restaurant started three years ago by j wolf. The traditional lobster roll is, by far, our most popular item. Lemonis j exploited a void in the market and achieved initial success, expanding into three storefronts and a food truck that covers the entire chicago area. But those three locations turned to two when his landlord sold the site of his flagship restaurant, and now j is feeling pinched. But even with a smaller footprint, da lobsta has a loyal following and im excited to help take it to the next level. The foodtruck business is very competitive in chicago, so i decided to head downtown and see how da
Yield over those last couple of days. How does oil look and the tenyear note . Just got news from opec. Theres the tenyear. Is there anybody who doesnt expect there will be a rate rise in december . Im sure theres somebody out there. They may be harder to find. Our road map this morning starts with that jobs number. 211,000 jobs were added in november, plus upward revisions to previous months. The case building for that rate hike later this month. Futures higher coming off an ugly day in the markets. Energy names, jim and i will talk about that. I got to hear what he thinks. And an m a, lack of it perhaps in this case. Norfolk southern rejecting Canadian Pacifics merger proposal. I told you they were going to do this. It wasnt a shock to anyone, but they come back strongly explaining why it will never happen in their opinion. Lets get to the jobs report first. Showing a better than expected 211,000 jobs added in november. October payrolls were revised upward to 298,000. That paving the
Lemonis my name is marcus lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. Katelyn hi, ladies, welcome in. Lady customer return. Tasha yeah. Lemonis lady fuller got the idea for a barthemed jeans store while still in school and then made it a reality. Lady we are obviously a bar of jeans. You walk up and kind of order a jean like youd order a cocktail or coffee. Lemonis the concept was a hit, prompting her to open up 12 more stores in just a few short years. But the denim game is incredibly competitive, and ladys aggressive expansion plus her retail inexperience created some serious problems. Lady these are superdirty. Thats disgusting. How the. Did it get like this . Lemonis blue jeans a
Shame worries about china. The countrys Manufacturing Sector contracted at the fastest pace in three years. It wasnt a miss necessarily because people including you were expecting this today. We have a worldwide slow down in a bear market. Its a mini bear. It happened out of nowhere. And this slow down is taking people by surprise. I dont know why. If china is decelerating, a lot of countries will. The good thing is the dollar has gotten weaker. Maybe thats because the chinese are selling their german bonds to be able to prop up the market. Theres a lot of lies being told about china. They say theyre not buying. Theyre propping things up. They like it when the shanghai is over 3,000. The shenzhen is propped up pretty much every night. Crude coming back to a level where its getting interesting given the fact that good crude people are telling me the inventories are not as big as you thought. Divide by ten if you want to get more comfortable. Instead of it being down 500, say its down 50