To be found in some of the bluest of the blue chips. Like it or not, facebook turns ten. But what does the site that redefined our online lives have planned for the next decade . We have all that and more tonight on nightly Business Report for sstuesday, february 4th. Good evening, everyone. Tyler is off tonight. We begin with a historic change at microsoft today. The legendary Software Giant named a new chief executive. As we told you last week, hes Satya Nadella. Now its official. The new man in charge is an engineer, a microsoft insider, and a native of india. And hes only the third ceo in the companys 40year history. Stepping into a job held first by cofounder bill gates and later steve ballmer. Both gates and ballmer will continue to serve on the microsoft board, and gates will become a Technology Adviser to nadella. But the critical question now, does all that shuffling chairs really mean a new chapter of innovation for microsoft or business as usual for the same old company . Jo
Congressional leaders who emerged later to say they want to move quickly to prevent automatic spending cuts and tax increases from tanking the economy at the first of the year. But as darren gersh reports, what we are not yet clear about is whether either side is willing to give up enough to get the job done. Reporter in washington, they think carefully about the pictures they want to present to the public so this mattered. All four congressional leaders democrats and republicans after meeting with the president chose to face the cameras together. That hardly ever happens and it reflects the new postelection mood of cooperation. House Speaker John Boehner called the meeting very constructive. I outlined a framework that deals with reforming our tax code and reforming our spending. And i believe the framework that ive outlined in our meeting today is consistent with the president s call for a fair and balanced approach. Reporter to Republican Leaders balance means some higher tax revenu
President obama and congressional leaders got off to a good start in their first round of negotiations. The president met with congressional leaders who emerged later to say they want to move quickly to prevent automatic spending cuts and tax increases from tanking the economy at the first of the year. But as darren gersh reports, what we are not yet clear about is whether either side is willing to give up enough to get the job done. Reporter in washington, they think carefully about the pictures they want to present to the public so this mattered. All four congressional leaders democrats and republicans after meeting with the president chose to face the cameras together. That hardly ever happens and it reflects the new postelection mood of cooperation. House Speaker John Boehner called the meeting very constructive. I outlined a framework that deals with reforming our tax code and reforming our spending. And i believe the framework that ive outlined in our meeting today is consistent
But as darren gersh reports, what we are not yet clear about is whether either side is willing to give up enough to get the job done. Reporter in washington, they think carefully about the pictures they want to present to the public so this mattered. All four congressional leaders democrats and republicans after meeting with the president chose to face the cameras together. That hardly ever happens and it reflects the new postelection mood of cooperation. House Speaker John Boehner called the meeting very constructive. I outlined a framework that deals with reforming our tax code and reforming our spending. And i believe the framework that ive outlined in our meeting today is consistent with the president s call for a fair and balanced approach. Reporter to Republican Leaders balance means some higher tax revenues are paired with reductions in spending and changes in entitlement programs. Thats a challenge for democrats, but the president seemed willing to move in that direction. Our c
Going to be we saw it happen with speaker gingrich and it can happen here. Boehner walked away from a deal shortly after that. I want to come to the interplay between the leadership on the republican side in in a second but i have to ask this based on what you said. I think you know the president gave what was initially an off the record interview to the Des Moines Register editorial board, speaking although he did not get the endorsement of that paper in one of the things he said in the interview was he believed he could get a grand bargain struck on the debt ceiling if he were reelected on november 6. A son what youre saying they may not be possible if if the freshman and now sophomores and many members who come and dont eventually give a nether blessing to cut a deal. In her may feel in the same tough spot now that but he was last year. A ground part and based on what you say may not be possible if obama wins under any circumstances. This is outside of the book but i will do it anyw