Suit. Comes closer to a verdict. For profit colleges in deep trouble. University of phoenix loses half its students. All that and more coming up on the willis report where consumers are our business. And tonight, what could have made the copilot of a german jetliner lock the pilot out of the cockpit and fly the plane into the mountain. Trying to learn more about Andreas Lubitz why we wanted to destroy the plane. Our adam shapiro has been following the story. Joins me now with the latest. Its important to know that the regulations in europe over the number of people in the cockpit are different up until about an hour ago. Than in the United States. The European Union the zone actually decided that the airlines now will do what the United States already does. When a pilot leaves the cockpit, a steward or stewardess has to go in. Always have to have two people in the cockpit to prevent people from being locked out. That was how it always was but not in europe. The locking mechanism. We kn
Industrials. You mentioned hewlettpackard. That is wang had negative down point itself. Names like apple for examplevirtually flat or leaning to the downside. Connell will get the numbers in the economy. Dagen steve forbes is from forbes media. I am always and often missed. Europe is raising taxes, driving their economies into recession. Japan is doing the same thing. We are about to do the same thing. The best thing that could happen is they kick the can down the road and do nothing. Postpone everything. Put it off for six months so that they do something sensible. Raising taxes on capital. Raising taxes on small businesses. That just means how much damage will be done. That will slow the economy next year. Dagen this is interesting. Most of the predictions have been, if we go over the fiscal cliff, then the odds of recession go way up. You are saying just the opposite. If we do not go over, if we come to a deal, we go to recession. Just postpone it for six months. Put it off so you m
Connell have happened to you. Dagen lovely people, lovely flight attendants on american airlines. Love the people. Connell i am glad you dont focus only on the negative. Stocks of two which is positive as we have mixed Economic News which we will talk about with bob schiller, Alan Greenspan, peter barnes, Nicole Petallides starts us off from the floor of the stock exchange. Nicole you see the Dow Jones Industrials up 20 points. We havent broken through yesterdays highs. We had an incredible run, weeks of gains, an incredible year. The dow was up 23 , the s p up 27 and the nasdaq up 30 . The run continues and some names on the dow better hitting highs said disney, american express, a traveler to name a few. Take a look at tiffany, alltime highs for tiffany, a higher quarterly profit in asia, that is where way saw the strength for sales and raise fullyear earnings per share numbers looking good peer up 7 . Dagen to the storm that could wreak havoc on Holiday Travelers across much of the
Dagen good morning. Before the weather we get to stocks. And we go downtown to the corner of wall and broad and Nicole Petallides on the floor of New York Stock Exchange. A bit after rebound, nicole. Dow jones industrials snapping back from yesterdays losses. Yesterday the Dow Jones Industrial average dropped 135 points. Not a good way toking kick off the new year. Obviously kick being off with a decline for First Time Since 2008. However, last year, 2013, was a great one. Were back with green arrows with the dow above 16,500. You have a majority of stocks with up arrows. Drug index, retail index, banking index, oil services, transports, truckers, shippers, airlines, checking on airlines with all the snow and still maintain some up arrows. You do have market breadth looking somewhat favorably. I do want to look at shares of lindsey. They have a mixed bag here. They have a Buyback Program underway. They boosted the dividend. They did have a quarterly miss. This is irrigation maker. Back
Ticket website, stubhub. The case involves a International Crime ring which prosecutors said extended from the ukraine all the way to brooklyn. The gang stole peoples stubhub logins and passwords. Bought tickets from everything to broadway shows and Football Games and resold them. For more on this, vinnie troyer. Thanks for coming on the show tonight. I want to make sure our viewers understand who you are. You break into businesses for a living. Youre a white hat hacker on the side of good. Are you surprised what happened at stubhub . No im not. This is interesting scenario. A lot of times we urge people to change the password and make sure they have unique password across multiple sites. A lot of people dont necessarily take that to heart. They wonder why do i have to have multiple passwords across different sites . This is perfect example. I mean when you look at, a few months ago, ebay was breached for example. How many millions of accounts were compromised. All these hackers had to