Well, tha a big question a big meeting on capitol hill tomorrow may give us some answers perhaps the fist big test of the new year will come from iran. Deadly empty government protest there, least 20 people reported dead calling those protesters, quote, enemies of iran. Big day, of course, as we kick off a new year 218 is here and Varney Company is about to begin. Well, have you noticed unless you live in very southern, florida or out on west side in california it is freezing outside frigid temperatures continue to grip wide swaft of the country from pink and purples youre in deep purple youre in deep cold. Heres that weather map where windchills bundle up we mean that is obvious isnt it and snowstorm by the way, is brewing we are told off the atlantic coast. And if it it pushes east it could be a major storm up and down i95 corridor, oh boy looking forward to that. Or more for us on that, potential storm about three minuteses from now. Lets take a quick look at the stock future for yo
Omething called the d what does it stand for . Allwheeldrive . We will look at the possibilities. Apple and google are pledging to shield your data from the government and hackers, but will the Encryption Technology prevent snooping . We look at how the government can still get into your phone as a wants to. Germanys rocket internet has made its name cloning american internet businesses from amazon to groupon. But what it could not clone was the success of alibabas recent ipo. Instead, shares are falling on their trading debut after pricing at the top of the range, coming a day after another company backed by rocket founders also fell in its trading debut. What is behind the decline . A Broader Market turn for the worse for concerns about their Business Model . Cory johnson joins me in the studio and the founder of air help and former employee at rocket joins us from new york. What do you make from the reaction of investors today . Maybe there is little concern about their growth in em
It takes hard work and sacrifice. Hopelessness is not the only choice for americans. Varney and company is about to begin. Charles ferguson woke up 2 miles of destruction. Bo dietl is here with us. Obviously, there is real anger in the community. Some Media Outlets are critical of the police. Some are standing back. I watched it last night also. They were very restrained, as far as i am concerned. I remember the riots in the 60s. I was in the blackout riots in 1977 here in new york. The officers made arrests and they cracked heads open. Pretty much let them do what they wanted to do. They were robbing the stores. They were setting things on fire. We cannot let that continue. They are destroying stores that they shop. Beard they are destroying mcdonalds. Charles i did sneak out. I went to a couple of stores. There were not a lot of arrest. Statue of limitations. To not make arrests. Whenever the looters come out, just give them a little teaching. Times have changed. You have to work har
One continents richest person. First to sue at the new york stock exchange. We have a triple digit advance, but mad moneys jim cramer made a very passionate case warning against three groups of stocks. Well talk about that in 30 seconds. First jim in his own words, as nobody makes a better case than he does. The first group is what i call the amazon army. How do companies enlist if she swear to grow revenues really fast and not worry about turning a profit, since for the long time the market provided they had excellent revenue growth. The second kind any stock in an area where there have been a ton of initial public offerings, consider them landmines. Finally the third hazardous, biotechs. So lets talk about that with bob pisani whos here with me, and dominic chu because in e. C. , dom, im going to start with you. You heard the danger list. Do you agree . You know, its interesting now, when we talk about that, cramer is absolutely right, but the question is whether or not they all happ
It will be hard, but the time is now. You must act. Be bold, be courageous. Americans are counting on you. Thank you. Kelly, obviously that was a gripping way to start the hearing. Where do we go from there . It is rare you have something so emotionally and politically charged and have a witness like Gabby Gifford that is the panel can relate to so personally. That made today more compelling. Key issues, democrats and many of them are supporting the idea of universal background checks to expand how they would know the background mental history and that sort of thing. Also what to do about ammunition and should there be restrictions related to the number of bullets and the number of high capacity clips and that kind of thing. Those are very difficult issues and Many Democrats on the panel acknowledged their own support for gun ownership and trying to find a path to make restrictions, but at the same time to be able to respect the rights of Second Amendment and the gun owners and gun ent