Israeli air strikes continued in gaza. This is video of secondary explosions when an hamas weapons depot was hit. Michelle carusocabrera, our chief Foreign Correspondent is watching reaction at the nyse. Michelle . That pushed the dow to the highs of the session. The announcement of the ceasefire got us another 25 points. We have come off the highs, 12,839 is where the dow stands right now, higher by more than 50 points,. 4 . President obama reportedly just spoke with israels Prime Minister benjamin netanyahu. John harwood joins us now. John, what can you tell us . The white house had a lot at stake here by sending Hillary Clinton to try to get this resolved. Reporter absolutely. And this is the result that president obama had in mind when he sent Hillary Clinton from that asian trip that he was on to try to broker a ceasefire. But its only a ceasefire. It is only one step. There is a long way to go. The administration of course is caught between support for our traditional ally israel
Speculative grade. Poscop lowered the island ondit rating and kept it creditwatch with negative in cases. The u. S. Senate passed the farm bill today. The measure which president obama said he will sign said u. S. Agriculturally set u. S. Agricultural policy. Headlines at top this hour. Thank you. Historic day at microsoft. Here is with the new chief executive had to say about spurring innovation. The first thing i would want to do and focus on is ruthlessly remove any obstacles that allow us to innovate. And then focus all that an ovation on things that microsoft can uniquely do. Jon erlichman joins us now from los angeles. Abouts a little bit more the new chief executive of microsoft in some of his challenges. There are challenges. He does a lot to the table. He understands the world of microsoft. They ultimately went with a candidate from inside a company who has spent more than two decades with mike are soft. He talked about this idea of wanting to be able to cut enough red tape so
Theater and its future. And what is next after your current career . Threetime champion Bill Cartwright explained how he restarted his career after success in basketball. And getting ready to stomach Mount Everest. Executive details about the Technology Behind extreme climes. But first, carol massar. Aint in is out with its own is out withlinkedin its earnings. It fell short of analyst estimates. The company pointed to a slowdown in user growth. Fourthquarter profit heat and estimates forlyst activision, though. And news corp. , thats the publisher behind wall street journal, it had a mixed earnings report. Extra mints, but Advertising Sales continue to fall. Corp. Broke off from 20 century fox in june, focusing on publishing. Today, a 12 member jury found fund manager, mark matthew mark, hilty of matthew of insiderilty trading. Now, sheila. She was at the courthouse when the verdict came down. And joining us by telephone, alan dershowitz, the latest book called taking a stand. Sheila,
Look weak. Walmart may have protesters outside its doors on friday. Deer misses earnings, and the market shrugs it off. Turmoil in israel with a bomb explosion on board a bus today and a rumored ceasefire that never happened. Crude is up 1 as the secretary of state has arrived in cairo. A big day full of planes, trains and automobiles with tens of millions of americans set to embark on their Holiday Weekend journeys. Our phil lebeau is in chicago with more on the Holiday Travel landscape. How painful is it going to be . You know, carl f youre traveling, you always need a little more patience thanksgiving weekend. For the airlines, theyre keeping their fingers crossed because if you look at a map of the United States, you really dont see any major storm systems. That means if its a smooth weekend, you talked about this being important to the profitability of fourth quarter, thats certainly good news for the airlines. Take a look at the number of people who will be traveling this thanksg
For the occasion. Stay tuned to find out who it is. That was a lot of hints. Even when they say its not, it is always about money. Melissa exporting our energy boom, should we or shouldnt we . As the u. S. Becomes more successful in producing our own oil, refiners here are shipping more fuel oversees than ever before. Federal law banses most shipments of you know oil, finish products created from the crude like gas and diesel are allowed to be exported. As the industry grows, the argument whether or not we should be selling this stuff is growing even louder. With me in total disagreement, fox news steve moore from the wall street journal. We have matt, an Energy Analyst at stansbury research. Thanks for joining us. Steve, let me start with you. This makes a lot of sense. Were in the middle of an energy boom here in the u. S. Were making things like diesel which is europe is very expensive. Should we be selling it there, making money, creating job, what do you think . I dont think there