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for monday night. and many of those house republicans reportedly are not happy with the deal, even if it goes through, we will likely be right here in february talking about it all over again. president barack obama encouraged by the action in the senate still wants to see more. i m very pleased to see the work that the senate has done. while this agreement is for two months, it is my expectation, it would be inexcusable for congress not to further extend this middle class tax cut for the rest of the year. it should be a formality and hopefully it s done with as little drama as possible when they get back in january. if, if the payroll tax cut extension doesn t go through, 160 million americans would take home less pay starting on january 1. in the meantime the senate also passed a nearly trillion dollar spending bill to keep the government operating through september 30. the president is expected to sign that this week. qualities cited in a major endorsement for ....
against the school. i want to help children to have the courage to tell adults if they re sexually abused. also battle for the heart and soul of the gop. newt gingrich calls for a positive campaign. is that really any way to win an election? i ll ask two men who are no strangers to the rough and tumble of the trail howard dean and tom ridge. this is piers morgan tonight. good evening. a dramatic day in a pennsylvania courtroom. jerry sandusky, the former penn state football coach who is charged with child sexual abuse was expected to come face-to-face with his accusers. then at the last minute sandusky dramatically waived his right to a hearing leaving the packed courtroom in shock. he s under house arrest tonight and not due back in court until his trial begins sometime next year about. joining me now is jerry sandusky s defense counsel carl rominger. almost unprecedented certainly in pennsylvania. the big question everyone is asking, why did you waive jerry sa ....
he s also ordering lawmakers not to try to undue budget cuts that come as a result of the committee s failure. western powers are stepping up sanctions against iran after fears the country may be working on a nuclear weapons program. canada is banning all financial transactions. britain has ordered all financial institutions to stop doing business with iranian banks. the moderate father of a murdered british teen testified monday. they testified of phone hacking by the news of the world gave false hope she was alive. outrage over the scandal forced the closure of the tabloid in july. those are the headlines from cnn. world business today starts now. it s 9:00 a.m. here in london. i m nina dos santos. and it s 5:00 p.m. in hong kong. i m andrew stevens. you re watching world business today . these are our top stories today tuesday, november 22nd. no deal on debt reduction. the super committee proves it s anything but. tear gases and tensions in south kor ....
his life on the edge. in heartbeat. and tonight for the first time he fires back at ex-wife carrie otis and the explosive charges in her new book. it probably is kind of like a little bit of sour grapes, you know, chasing a buck and delusional kind of narcissistic, self-centered point of view. mickey rourke, no holds barred. this is piers morgan tonight. good evening. we begin tonight with occupy wall street. thousands of protesters are flooding zuccotti park in lower manhattan tonight after a judge gave them the green light to return. but he ruled they can t bring tents, backpacks and sleeping gear into the park where they ve been living for nearly two months. tonight one of the police officers says it s the biggest, loudest crowd he s seen since the protests began. poppy harlow is at the park for us tonight. what s the mood down there? it must be a rather surreal atmosphere, isn t it? reporter: it s absolutely surreal. i ve lived here, piers, for ten years ....
ripples of relief spread from europe across the world market. a deal has been reached to tackle the e.u. financial crisis. european leaders have agreed to expand the e.u. bailout fund while private sectors will take a 50% loss on greek bonds. the european agreement translated into a huge day for u.s. stocks. let s go to alison kosik at the new york stock exchange. the closing bell just rang. how did stocks finish? we don t know the final number, but we know it s very positive. it is. the numbers are settling. we re seeing the dow up 340 points. the nasdaq s&p up more than 300%. the bulls busted out of the opening bell and never looked back. this is what investors have been waiting for. these debt problems plaguing greece. and besides plugging greece s debt hole, this plans to safeguard against future shocks. it s a step forwards in instilling stability in the marketplace. being there is such a powerful positive reaction, do investors see this as a done deal? is this ....