Things could get very ugly for this company. Miranda if something happened to the business, i do worry about what would happen to us. Lemonis kansas city, missouri, is home to the lano company, a skincare and cosmetics business that was started by Miranda Coggins in 2005. Miranda high five, girls. Cristina whoohoo lemonis after the birth of her daughter, milena, she was inspired to create a lanolinbased lip product with medicalgrade benefits. Layne this is Layne Coggins with the lano company. Lemonis 10 years later, miranda and her husband, layne. Miranda love you. [ smooches ] layne love you. Lemonis . Now have a company that generates millions of dollars in revenue. Im excited to visit lano. And while its a profitable business, im 100 certain that it has a lot of potential for growth. The skincare and Beauty Industry generates billions, and its not just for women. Im marcus. Mccartney hey, marcus. Lemonis you are . Mccartney mccartney. Lemonis mccartney, nice to meet you. Cristina hi
Ea ds cuts jobs from its base units. We are talking out technology all day. Caroline hyde wins us from the conference in paris. Nokia maybe close to deal with tax authority. We have that story from hong kong. Hour, wereer an covering covering travel. Us to you about the big interviews we have coming up on bloomberg. From aris. Joined she runs an Online Beauty supplier. Peter long talks was next hour after we get earnings from that business. Later from the web, paypal president david marcus joins us. That will be at 7 30 a. M. London time. Later on bloomberg television, we will be joined by heston blumenthal. They were talking about the effectiveness of Forward Guidance. We have more on what he has been saying. He has been. Good morning to you both. The issues that he faces with the bank of england very similar to what the u. S. Faces. One is the recovery taking hold . Two, when is it time to withdraw stimulus. Historic relationships for Monetary Policy the relationship between Monetary
Right after the open. As for the action in europe, taking its cues from the United States. Well see a big rally in china extending one of its biggest rallies in three years. We have a mixed bag in europe with italy up by about. 2 of 1 . Well do our best to keep focused on the business day. Well be following the tragic shooting in connecticut, of course. The New York Stock Exchange will hold a moment of silence to honor the victims in the next few moments, and well be looking at the president s call for meaningful action and the politics of gun control. Lets get to a road map for this morning. It starts with apple. Under pressure once again. Even dipping below 500 a share at some point this morning. Shares will remain range bound near term. Iphone 5 sales and cannibalization among the region. Other concessions from the gop, the speaker proposing tax hikes for millionaires. Could this be the tipping point. Moving the talks beyond deadlock. A big week for earnings. Yes, earnings. Fedex, r
Were not that far apart. Just a few more steps the president suggested and republicans would have a deal in hand to tame the deficit for a decade. That is a significant achievement for them. They should be proud of it. But they keep on finding ways to say no as opposed to finding ways to say yes. And i dont know how much of that has to do with it is very hard for them to say yes to me. Reporter there now appear to be two key sticking points republicans want the president to offer up deeper cuts in entitlement spending totaling several hundred billion dollars over ten years. In return the president is determined to get a longterm extension of the nations debt limit. Last year, the fight over raising the debt limit brought the country to the edge of default. But House Republicans see the debt limit as a crucial check on spending. I think they are very, very reluctant to give up this leverage what they consider to be the last leverage they may have next year on trying to get real entitlem
Just a few more steps the president suggested and republicans would have a deal in hand to tame the deficit for a decade. That is a significant achievement for them. They should be proud of it. But they keep on finding ways to say no as opposed to finding ways to say yes. And i dont know how much of that has to do with it is very hard for them to say yes to me. Reporter there now appear to be two key sticking points republicans want the president to offer up deeper cuts in entitlement spending totaling several hundred billion dollars over ten years. In return the president is determined to get a longterm extension of the nations debt limit. Last year, the fight over raising the debt limit brought the country to the edge of default. But House Republicans see the debt limit as a crucial check on spending. I think they are very, very reluctant to give up this leverage what they consider to be the last leverage they may have next year on trying to get real entitlement reform and i think th