Welcome to power lunch, im contessa brewer. Another strong day for stocks as all three indices look for a winding streak the dow is up about 143 points, a slight pullback from where we were a half hour ago both the s p and nasdaq are on pace in more than six years and both indices up 5 health care the best performing sector today johnson johnson, pfizer, eli lilly among the big gainers. A couple beatendown names moving higher, ge back above 15 a share despite being hit with a shareholder lawsuit and snap is now up 50 so far in february. Three hours left in what has been a huge week for stocks. Bertha coombs is at the New York Stock Exchange bertha it has been quite a big week. Its been two weeks since we had that downturn starts and after consuming a lot of rocky road ice cream, today it feels like vanilla. If you look at the major averages in terms of where they are from their highs back at the end of january, the nasdaq here within 3 of its all time high in january as weve seen a big
Recorded minors while they were changing or bathing, sharing some of the material with fogle. Lets call this what it is, this is about using wealth, status and secrecy to illegally exploit children. Reporter fogle will be paying out 1. 4 Million Dollars. 100 thousand dollars each to a total of 14 victims. Reporter his wife said in a Statement Today i am extremely shocked and disappointed. I am in the process of seeking a dissolution of the marriage. Reporter fogle and his wife have two children, aged one and three. As part of his plea deal he will not be allowed unsupervised visits with them prior to his sentencing. That is not expected for several months. Reporter news of the guilty plea of subways star pitchman. Is sparking reaction nationwide. For a guy who did so much. Its just a schock . Pam a local child safety advocate says. What happened to jerrod fogel, is a heads pam heads up for children and parents. Pam kron 4s teriesa estacio klaas. Talk about stereotypes. None of these pe
Drowned video you can see how all the smoke from the fire is filling the sky the fire is burning in a very remote area of the Livermore Valley other images of this fire which grew extremely quickly overnight. James fortunately the temperatures in livermore was in the 60s and around the time the fire broke out the ones around to in the modify our along with those dry in a very the drop like conditions making this a real challenge if you took pictures or video of the fire would love to see whether to get more on the fire coverage would have michelle with a look at the fire forecast for today. Michelle apon fires in this area can be very drive the good news is it is timmy this morning temperatures and to the mid60s and humidity values are still at some of the to lower seventh maybe dusty at times later on today temperatures all actually be warming upper as you make a way out the door across the bay at the coast of right now into the lower 60s with a bottle of mildest the couple of degrees
United states since the snowden story broke because they fear arrest or subpoena. This is 45 minutes. Hello, please take your seats. And welcome back. This next event, i promise, is going to be interesting. Its a skyped interview on the snowden revelations, and it involves actually four skypes. Thats a miracle of modern technology and it will either work or not work. Its very tricky. So somebody may go down, somebody may have a time delay, which is happening with one of our three guests. I guess its analogous to the quadruple somersault ringling brothers done by Miguel Vasquez in 1982. So please bear with us, well have problems from time to time, but we have an Excellent Team of techies, i know, because i cant understand anything they say. And it is now my pleasure to introduce our interview ir, roger cohen, the op ed columnist for the New York Times. Thank you. [applause] good morning, ladies and gentlemen. So were going to rely on much maligned technology to try and bring this about.
Very of it will have a lot of revenue increases. This will be mainly through closing tax breaks. Will this get any time on the floor this week . Will it have a hearing . Probably be considered along with the ryan budget. Considered. Ably be the Congressional Black Caucus caucus willressive have budgets. They will be debated and voted on. Negotiateds been caps off or the coming year, will there be any surprises . To the comingg year, which is 2015. Was partt cap for 2015 of the budget deal last year negotiated by paul ryan and patty murray. Proposal in the ryan budget to change that. It does propose reducing the government operating spending further in the coming 10 years. How much are we going to be seeing again, Campaign Season . There will probably be campaign issues. Usecrats are planning to the spending cuts in orion use that iny to campaigns against republicans. Republicans will be pointing to ,arious proposals in the budget spending cuts, not raising taxes in their campaigns. It