Hey, it could have been worse, the dow will be up about 200 points just a few minutes from now. And here is the surprise. We may build that pipeline after all. Varney company is about to begin. First of the new year and trade here is the surprise. Lisa jackson resigned last week, because she was convinced that president obama will soon give the green light to the Keystone Pipeline. The president rejected for many reasons and could be up for approval in march or april. Well have more on this later this hour. Could the pipeline live . Where are you this morning . Answer, you, your taxes, theyre going up. Everyone to works pays more into Social Security, income, dividend and property taxes go up on successful people. On the other side of the coin, there are no spending cuts. Add it up. And the governors own bean counters say the debt goes 3. 9 trillion dollars over the next ten years. Rich is now defined as families making more than 450,000 a year, they presumably are now paying their fai
Dream came true. First to the crisis in ukraine, and the concern that crimea will split from kiev and become part of russia. The Crimean Parliament declared thaurs that it wants to join russia and well put the decision to voters. The move has been condemned by the new government in kiev. The Prime Minister denounced the move and called it illegal. The e. U. Meanwhile is grappling with how to pressure russia into backing down. It is split over what to do and announced limited measures against moscow, including the suspension of trade and visa talks. In the u. S. Barack obama ordered sanctions including visa restrictions and asset freezes. The proposed referendum on the future of crimea would violate the constitution, and violate international law. Any discussion about the future of ukraine must include the legitimate government of ukraine. In 2014 we are well beyond the days where borders can be redrawn over the heads of democratic leaders. Vladimir putin and president obama had a oneho
On the run, the u. N. Says there are almost no muslims left in car. We report on how some are starting a new life. A hamster wheel of life, two artists try to turn an old expression on its head. Hello, vietnam government said it spotted two oil slick off the sea of the southern coast. It could be a sign from the malaysian flight. Radio contact was lost 370 early on saturday morning 40 minutes after it left kuala lumpur to beijing. We have correspondents in malaysia covering it for us. And we have rob mcbride at the beijing International Airport. But first this report. Anxious families wait for news of Malaysia Flight 370, which disappeared yesterday. Some 239 people were on board. In beijing. There are few details, but the fact that the crew did not accepted a distress signal indicates whatever happened happened early. Our thoughts and prayers are with family of the passengers and crew. Reporter International Efforts are under way. Heres what we know about the flight path. The trip lef
New details emerging this morning into the missing malaysian jumbo jetliner that vanished somewhere over the south china sea. According to reuters a va Vietnamese Navy plane founds object that may belong to the aircraft. The United States has joined the search. A navy ship will arrive on the scene less than 24 hours from now. Investigators from ntsb are recorded there. Rescue crews are widening the search area since radar shows the plane may have actually turned back before it disappeared. This as families of the passengers wait anxiously for updates, but a spokesman from Malaysian Airlines delivered the news they had all been dreading. We had communicated to the family members that after more than 30 hours without any contact with the aircraft, we believe that the family members should prepare themselves for the worst. Now, to another twist in the mystery of flight 370. Officials are looking into how two passengers with stolen passports from italy and austria were actually able to get
After being born. The crisis in ukraine deepens as diplomats search for solutions. A short time ago a crimean city the city of sevastopol, declares itself part of russia, referendum on march 16th to see if should be part of russia or ukraine. Including sanctions, from the United States, to ukraine we are tracking the latest developments. Lets begin now in crimea. Jennifer glasse is in sevastopol which has just declared itself part of russia. Jennifer, major news here, a city switching nationalities. Here. Not just any city, this city is home to russias black sea fleet and ukraines black sea fleet. Those two navies are at a standoff. Russian war ships are blockading the bay, the Sevastopol City Council made this surprise declaration this evening. It cited a number of haws and covenants that laws and covenants that try to make it legal. The ukrainian law and constitution on local governance, i think trying to ward off any questions about the legality of this. We heard president obama say