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Revenue generated from baggage fees, from food and other annoying. Give you leg room, place to put your legs. Small stuff, you got to pay. How much more can the airlines squeeze out of passengers and into added fees impact which airline you choose to fly . And fear and loathing in silicon valley. They are the Companies Consumers are scared of and hate the most when it comes to privacy. We will tell you which ones they are. Lets check in on this busy day with sue. And we start with stocks struggling for some gains. They are Holding Steady right now. The nasdaq the biggest loser this hour. A number of sectors hitting new highs like the Consumer Staples and utilities. The big news, as you said, is in the oil market. Oil hitting a fouryear low after saudi arabia cuts prices that it sells to the u. S. West texas interm ....
Jobs number friday. Markets slipping after weak overnight data. Present hitting new fiveyear low. The dow as we said within nine points of 18,000 and retreating today. Merck buying cubist more than 18 billion and cash. Comments late in the hour. Mcdonalds delivers another weak number. Sales missed the street, down 2. 2 worldwide. More than that in the United States. Well get to all of that later on. But first up, dow and s p, each posting a sevenweek winning streak since late november of last year. Blue chips within 48 point of the 18,000 mark. Futures falling on disappointing chinese trade data. Japans economy shrank more than initially estimated in q3. Crude falling to that new fiveyear low. Morgan stanley cut its forecast, oversupply to peak in the Second Quarter next year. But in their words, guys likely to get worse before it gets better. Once again, i mean, heres here we ....
Season would start and why mike duke is leaving years before expected. He hasnt been there but since 2009. His predecessor, lee scott, 2000 to 2009. It seems like a shortened period. Also, as someone who follows retail closely, this is not the time to change horses, so to speak. At the same time, i am sure this company will, without a doubt, say it is seamless. I want to hear from david, that there is nothing pertinent that would make it so this seems wrong. I dont think it is right. David, you do know mcmillon well. What can you tell us . I spent a good amount of time doing our last document on walmart, which has to be about five years ago. Then, there was a lot of speculation he would be the next ceo. I remember distinctly discussing it with him. It did make air on the documentary, that idea. He was running international. We spent a couple of days together in china. Certainly, wellschooled in international, had run, i believe, cosco prior tco, prior. You mean sams club . Sams club, e ....
Forth by the president. What have you heard . It that is the discussion. You have harry reid, Mitch Mcconnell arriving at the white house, should have house leadership shortly to begin a meeting, a last ditch effort to try to help the economy avoid the fiscal cliff, or at least pieces of it, and, yes, the buzz around washington is a possible path forward that aids describe as preventing tax increase for income amounts of 400,000 or 500,000 or so, extend Unemployment Insurance, but, still, nothing has been agreed to. All in washington are waiting to see how this meeting goes. Its just about to start here in dc. Meanwhile, on capital hill, the fighting continues, and in some corners, a sense of pessimism. If we dont have a deal within the next 24 hours, the question is where do you buy a parachute . Well be going over the cliff because the closer we get to the end, the ....
Jones industrials today, getting to that in a minute, but just 43 miles from here in coopertino, california, another tech giant with a big announcement. Apple unvailed two new iphones targets different customers, but is it enough to fend off samsung and google . Joining me now is robert gray of fox business with the details. Robert, apple stock is lower. I dont know, a few different colors, is that enough to get the apple faithful excited . Well, you know, apparently, its still the news, liz, and we got pretty much everything we anticipated. A lot of the views out ahead of time, and im joined by an analyst with gardener. Thank you for joining us on fox business. Pleasure. We talked about the 5s, the higher level and more expensive model, and the less expensive model, the 5c for cheap, we presume, for china, some folks say. Theres three main things that jump out at you . The touch id. The home button here, put your finger there, reads five fingers. How big is that for apple . Thats the ....