Have taken if if it has to be taken with caution. Outgoing peugeot ceo gives up 21 Million Euros pension after overseeing 10,000 job cuts. And its no ordinary thanksgiving here on cnbc. Ill help prepare a turkey here in the studio. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. Okay. Plenty to get through today on Worldwide Exchange. Three hours of programming. The u. S. Is closed, of course, today for thanksgiving so we have extra of the good stuff here. We kick off with just a recap of the german jobless numbers. Geoff, we were talking about this at the end of squawk box. A slight tick down in german unemployment. 2. 806 million. Euro dollar back up to 1. 36, about the best level in six weeks on euro dollar. Eurozone october ends three, up 1. 4 on the year, lower than the forecast plus 1. 7 . That means the august to october threemonth average, 1. 9 . Weaker than the forecast 2 . And private sector loans in october down 2. 1 versus 2 in
Head. We have that and more with Dagen Mcdowell on markets now. Dagen black friday, starbucks, stainless steel coffee mugs. Espresso drinks. Dagen i will get you that for christmas. It used to be. Connell a crazy winter storm wreaking havoc among travelers today, leading into one of the busiest retail weekends of the year. Dagen is this good news that the Consumer Federation at National Credit union expected to rise 3 , 4 . Peter barnes will explain all of it from b. C. More people will spend more money on Holiday Shopping this year but the numbers might have been higher had it not been for the fiscal battles in washington making people cautious. America and the National Association polk 1,000 consumers for their annual Holiday Shopping survey, 13 of respondents plan to increase Holiday Spending this season compared to a 12 rise last year, 32 of those polled planned to spend less this year and that is an improvement of 38 who said that last year. And note that the increase in the perce
Injuries only reported for the accident. At highway 92 at skyline boulevard the car went over an embankment and it is still there. The person was taken out of the vehicle into a hospital. We have recovering traffic so it is slow making the commute along 92 up to 35. We will keep you updated. As far as mass transit, everything and running on sunday school but ace train, this is no service for the thanksgiving holiday and bart will roll at 8 00 this morning. This is a decent picture of the bay bridge toll plaza as we go outside. I show you how clear it is because it is wide open. It is virtually empty right now. The roads are dry and i will have the full forecast coming up to a moment. We will talk about it now, shall we . As we look at our live doppler 7 hd it is clear but for high clouds. You can see the twinkling lights and it is lovely. From exploritorium camera, it is beautiful. The forecast shows sneaker waves are a possible so be careful for the rip current with strong tides today
Are moving on schedule kron 4s dan kerman is live at San Francisco international where holiday travellers are relieved that their plans are not hitting many roadblocks. Reporter shane the crowds are not too bad. Walking over to the board it is a sea of on time creek you do not see the work of the late anywhere. The great weather here with skies pretty clear in addition to that people are coming to the east from the east coast is that there is not that is not a bad as they expected. Basically they are telling us traveling to ask f o has been a pleasant one. We were on the flight early with the spot to get through the security gate or checkpoints. Everything was nice and smooth. We had no weather into dense and everything was on time. I was not expecting that as we dodged a bullet we made it before the storm, so i do not know how it is now but we did make it before anything happened. Reporter there has been a flight to Dallas Fort Worth that had trouble. 92 percent ontime this is suppose
Flights are on schedule but the storm is on the move and if youre heading for this thanksgiving holiday the likely see some travel delays. The National Weather service describes the start in one word. Complicated and complicated is exactly the way to describe the situation that now so many Holiday Travelers face. Airlines across the east coast anticipate major travel delays and some airlines like delta and united and u. S. Airways have already reduced or eliminated three booking fees so check to see if you can check your reservation if you like to avoid the storm. Now the storm hit south west over the weekend and is already to blame for a dozen deaths and hundreds of car accidents. At the airport there were more than 300 Flights Canceled. That same storm is predicted to get worse as it approaches the east coast. Heavy rain will reach the midatlantic and parts of the northeast later today. West virginia was turned into a van at an upstate new york will start to see snow this evening. Th