Melissa francis. Heres whats money tonight. Brace for impact. Senate majority leader harry reid says it looks like well head over the fiscal cliff. With just four days until the deadline can president obama and Congress Still pull out a deal in the nick of time . Senator john hoeven of north dakota joins us to respond. Plus, a gamechanger for the insurance industry. An auto insurer unveils new policies that charge by the mile, giving a big potential boon to drivers. Can it drive the competition off the road . The ceo of metro mile is here to take the wheel. And big Beer Companies putting beer goggles on their customers. The market for kraft beer is booming and big labels are battling to get a foothold but they may be using crafty tactics to sell you the same flat brew in different packaging. Less filling tastes great. Even when they say its not it is always about money adam before we serve you that beer lets look at the days market headlines. Stocks fell for their fourth straight sessi
All the 900. 00 migrants and refugees, all still stranded at sea off to italy refuses to allow ships to dog. Ah ha, one money inside this is out there alive from joe hall. Is that coming up . Rescue efforts underway and tanza nail to playing with 43. 00 passengers crashes into like victoria will have an update desperate ukrainians queue out for food in the eastern city of buck. Butch, this russian bombs, the region and a new offensive and from 3 meals a day to wallen, people in zimbabwe, forced to cut necessities with the cost of living, skyrocketing, ah, how well can we begin in italy . When all the 900. 00 refugees and migrants are stranded at sea humanitarian groups, a food and medicine are running low on conditions are getting worse on the rescue ships that they are on. The Italian Government has allowed one ship to dock on the island of sicily. Only children and people needing medical care have been allowed off the boat. Impulse door was the knob i looked round. Are you at a ship
The u. S. Navy has joined the search for a missing jet liner off the coast of vietnam. Authorities suspect the malaysia plane crashed last night with 239 people aboard. Three of them were americans. An oil slick off of the water of vietnam has been spotted near the planes last known location. Our emra kahn has more reporter search efforts continue for the missing plain asvette nam easy aircraft search the area where the plight was last in tunnelling with Ground Control room. Anxious families wait for news of flight 370 which disappeared off the radar in the Early Morning of saturday morning. It was on its way to beijing. 239 people were on board. In beijing, the similar scenes. There are few details but the fact the crew didnt send a distress signal means whatever happened may have happened quickly. Our focus now is to work with Emergency Responders and the authorities and mobilize its full support. And our thoughts and prayers are with all of the passengers and crew and your family me
Under house arrest. Fears of political metaling spooking investors. Sony slashes its guidance against. The ceo is due to give a press conference any minute now. Happy wednesday, everyone. Im seema mody. Coming up on todays show, the pressure piles up for the nfl after its sponsor budweiser says its concerned surrounding a number of incidents surrounding its players. And fedexs tells us why he thinks the stock will outperform in the next year. Our favorite moment from friends as the tv sitcom celebrates its 20th year anniversary. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. And one day left until scotland votes. Who would have thought four weeks ago that markets globally would be so focused on scotland . Youre absolutely right. But you know what . I think weve seen the worst of the jitters. Over the last two or three days, especially now that weve got so many in the camp, markets have been more or less sanguin about what could be happeni
Nine months, s p, nasdaq losing 2. 7 , but that was the underlying theme today. It has to be fleshed out so you can make sense of the timelessness of some brands ver the ephemeral nature. Last night i highlighted a ton of potential takeover targets. Specifically in the Food Industry. Hey, kraft may have had a miserable quarter, but its brands arent going away. Pinnacle foods actually got a bid from hillshire, because birds eye and duncan, heinz have stood the test of time. Hillshire brands got two different bids, because theyre still valuable brands in a slow growth world. I believe that campbells soup is ripe to be acquired by kellogg and General Mills. Great brand. Hey, you know what . Mills should snap of hain celestial, why . That has the best in the umbrella of natural foods. Why do we like brands so much . They have what we call brand equity, which means they can charge more than the other guy who doesnt. They have motors around them, thank ymoats around them, for years and years