Singapore airlines has won approval to take its subsidiary private. It wants to do list after losses and five of the past six quarters. It is not even a third of its value it listed in 2010. Hong kong and china closed for their lunch break. The shanghai market almost flat. Mumbai. E, tokyo, and slightlyet was dissident. It is bloomberg west now. Emily im emily chang. This is bloomberg west. A very happy birthday for jack dorsey. I spoke with jack about the ipo. Investors with a date with much group. For Marissa Mayer. A shot fired, telling the company not to spin off its stake in alibaba. Square surging in its first day of trading. Shares closed pricing at just nine dollars a share. The company had been marketing shares at an 1113 dollar range. Prices would have given a valuation below the 6 billion that in its last private financing round. Was it a day to celebrate or breathe a sigh of relief . Here is jack dorsey with me. I am really excited. It is something that has been a long road
Thanks so much for joining us. Im mike hydeck. Allyson rae alongside. A crisp morning. Well stay in the 60s. Clouds will steadily increase. It wont be as beautiful as it was yesterday but still be an okay day. Well talk about a chance of showers later on come first thing tomorrow morning. Lets take a look outside a. Nice start. Were starting off sunny and with clear skies and we had calmer winds overnight, the real dry air, we did see the temperatures drop pretty significantly but the clouds are on their way back this afternoon all ahead of our next cold front set to arrive tomorrow and it will bring a couple of showers. 48 degrees through the district. Winds north, northeast. With the clouds moving on in, it will still be rather cool. A couple of degrees below average. Temperatures 37. Chilly for frederick, 47. Front royal 50 degrees. 44 as you head through southern maryland. Waldorf 32 degrees. Here comes our cold front. Its going to start to slow down and break apart a little bit. O
Too slowly. In greece, the government says they could stumble out of the euro by accident if the Opposition Party wins. The finance minister is saying the Opposition Party might have to have the bailout extended. If the opposition wins, they do not have the knowledge of the experience in negotiations, they have certain ideas of their own, i think its prudent for them to ask for an extension. It will give them some time to manage the negotiations. The greek election is in a january. The opposition has a slightly. In france the magazine will print 3 million copies of the issue that comes out tomorrow. The normal press run is 60,000. The staff has been working since friday. The cover will show a cartoon with the prophet mohammed. An upset in the First College playoff football finer. Eczema deal elliott rushed for 246 yards. Ohio state won over oregon. Its the eighth National Championship for the buckeyes. Oregon was favored to win. President obama will meet with congress with plans to lay
Situation very closely. He will have to make the final decision on what to do next. But he did admit the french authorities did know ta these attacks, attacks like this were a possibility. Well continue to update you as things progress. All right, hadley, thank you very much. We will continue to follow in this morning. Obviously, this is a rapidly developing situation. Michelle Caruso Cabrera is back at cnbc headquarters and following these developments as well. A little more we can add to hadleys reporting is we believe they are holed up in some kind of print works. Thats what reuters is reporting that large building that we see there, its not quite clear what that is. It is a small town of only 8,000 people, but its an industrial down. One of the wires interviewed a plumber who lives several doors away from apparently where the situation is unfolding. He said this morning, he did not go to work because he heard gunfire and then the municipality has posted on their website that everyo
See a loss in advertising. One of the nice things that mimic the act of smoking. Is school, kids are cool. These products are relatively new and longterm Health Effects are unknown at this point which raises the question why in heavens name are you going ahead and marketing these things and selling them and putting them on line when the results of Health Studies which have been done seriously are still out. Why would you do that . You want to make money. That is your answer. You tell me youre just talking to adults but you are not, you want to make money so you plunge in, get what you can and studies come out and you go ahead and do it until the fda put some nice rules and regulations on you. These products are relatively new and their longterm Health Effects are unknown however they do indicate they do deliver nicotine and is a highly addictive substance. Nicotine can affect brain development. Among young kids lose some people claim ecigarettes can help adults quit smoking combustible