Stocks and stories making headlines today. helby holliday looks at cbs big play into football. We go to peter cook and the growing crisis in ukraine. The Un Security Council in new york holding an emergency meeting to discuss the latest developments in ukraine. Accusing president russia of sending troops and. Eavy weapons over the border the russians deny the claim but it Officials Say satellite pictures provide proof of the russian incursion. Russian forces moved across the border in what he called a sharp escalation. An emergency meeting was held of his national Security Council. Ukraine accuses russia of opening up a third front near the key city of maripol. The ukrainians also claim that they destroyed some Russian Military equipment. Nato officials releasing satellite pictures that show russian equipment on the ukraine side of the border including selfpropelled artillery. President appealing for international help. Russiann confirm military boots are on ukrainian ground. Ukrainian
To fight ebola. First, i want to get to you get you to the top stories of today. Her greenhouse gases, the chinese resident wrote ranks with india, brazil, and that the, setting its target for the first time to reduce fossil fuel emissions by 2030. President obama pledged to double carbine Carbon Dioxide to 2020. This is a major milestone in the u. S. China relationship and shows what is possible when we Work Together on urgent, global challenge. By making the announcement today, together, we hope to encourage all Major Economies to be ambitious. All countries, developing and developed, to work across some of the old divides so we can include a strong climate agreement next year. Createthanks agreed to 4. 3 oh in dollars to settle a key Foreign Exchange last year. The hardest hit is citigroup and j. P. Morgan. The banks will pay over 1 billion each to regulators in the u. S. And the u. K. I do not want to sit here in two years time with another press conference with another major faili
Not going to balance the market, we have to hit the marginal supplier, and that is north america, and we need to look for lower prices in the short run. Saudi arabia pushed opec to maintain production levels over objections. China has overtaken japan as the Worlds Largest stock market, with a market cap climbing to 4. 5 trillion. It could go higher. Meanwhile, the japanese market is down over 3 due partly to the weakening japanese yen. There is also increasing pressure on the airbag maker takada. The move comes after the u. S. Look nationwide. Five deaths are linked to the airbags. Split parliament voted to google apart, separating the Search Engine from other businesses. However, the resolution carries no legal weight. Google has been the subject of an antitrust investigation from the eu for four years. If the crowds are not as large as black friday, maybe it is because many people did their shopping online. It was a recordbreaking day for target, which had it Biggest Online day ever.
1. 1 trillion spending bill. Those stories and more coming up. Lets get you right to the top stories we are following at this hour. Stocks are calling for a 30 day in energyoute producers. Opec cut its demand forecast. There was a look at the Dow Jones Industrial average at this hour, down 1. 25 . Showing we are down 1. 25 . The nasdaq composite index is down nearly 1. 25 . Oil prices keep falling and opec made it clear that demand wont be rising anytime soon. Cartel could its forecast for 2015 to the lowest level in 12 years. Says the sharpt fall in oil prices is the result of what he calls treachery. An apparent reference to regional rival, saudi arabia, does opposed proposed production cuts to lift prices. Earnings may rise 25 next year. That is according to the International Air transport association. The main reason, stronger economy and cheaper fuel. We see oil prices coming down next year. Saving the industry a certain amount of money. As oil prices come down, so will average fa
Digital shift among retailers. First, we have the top stories of the day. Ferguson, missouri, avoiding a second day of riot following the move by the governor to boost security. He tripled the number of National Guard troops to about 2200. Meanwhile the Police Officer who shot Michael Brown is speaking publicly for the first time. He was interviewed by abcs george stephanopoulos. I dont think that its haunting. Its always going to be something that happened. You have a very clean conscience. The reason is because i know i did my job right. Wilson is also the subject of a Justice Department investigation. Homes in the u. S. Unexpectedly dropped in october, the pending home sales index dropped more than 1 . The National Association of realtors seven that was due to lacking wage growth and tight spending conditions. 35er, valuing the company at billion to 45 billion according to those with knowledge of the matter. T. Rowe price is being discussed as a new investor. Fidelity is also set to