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A blowout session in shanghai overnight. Best single day gain in more than three years on a pretty decent pmi. Europe has also been a blend of red and green as the ft names ecb chief the person of the year. Were going to kick off with breaking news. For that would, we go to david faber. News on best buy, in the news yesterday. The stock up sharply. What we can tell you right now is the board of directors of best buy, and its founder, richard schultz, has been trying to put together a group to essentially buy the company in a go private transaction, have extended the deadline in which he would need to come with a bid for best buy and created a window in fact that will begin on february 1st next year and end with the end of that month on february the 28th. Giving schultz the opportunity to look at not Just Christmas sales, but the end of their fiscal year, which will end at best buy on the 31st of january. And that window, again, wi ....
The evening here. Salt and sand is being loaded into trucks in cities across the northeast. We have a 34,000 tons of salt over 600 pieces of equipment ready to be deployed throughout the storm. Still, in boston and other areas where the snow is moving in, it may not be enough. In maine, 19 cars with part of a pileup that started when a driver lost control on the ice. As conditions get worse, the governor of massachusetts has now closed roads across the entire state. I have now signed an executive order banning vehicle traffic effective at 4 00 today. Air travel is also out. More than 3,000 flights have been canceled and that number is expected to grow along with accumulations of snow across the regionment snowplows, blowers and shovels are working overtime but cant it could threaten power lines. Thats our biggest concern. This storm presents variables that could produce some pretty extraordinary winds. With the potential of being holed up inside for several days, families are making a ....