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Industriales luchan por dejar atrás su peor año de la década
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where cnbc has your thursday morning headlines. good morning. retailers report april sales today. although only a small handful of stores still report monthly numbers. sales are expected to be impacted by the continued cold weather across the country but also by falling gas prices. in other news, senator john mccain is expected to introduce a bill this week requiring cable and satellite companies to give customers the option of buying individual channels instead of packages. the idea is gaining traction as costs for some sports channels skyrocketed. americans will be spending more on mom this year. the national retail federation finds consumers will spend $169 for mother s day, up 11% from last year. flowers and jewelry will be the top gifts. that s definitely news that moms like to hear. thank you. we ll see if today s weekly jobs report pushes stocks to another record high. weekly jobless claims are out at
stocks are inching dloe inio their all-time high. the dow now just 1% away from its record high set back in october of 2007. what has investors so encouraged? you re in the seat of where folks talk a lot about faith. on wall street, there s faith that even as the clock ticks down to the sequester, those deals, those cuts that have to be taken that wall street will pull off a showdown to avoid that mandatory spending cut deadline. in the meantime, sales today were also in line and looked pretty good. we got good data out of europe. then there s the big deal. ge is the best performing component today after the industrial giant struck a deal with parent company comcast to sell its stake in nbc universal for over $16.5 billion. ge will use some of the cash to
gas pedals that stick. now the company has to repair its own reputation. will a winter weather forecaster lose his job? animal rights activists say replace pungs tanny fill with a robotic groundhog. pearls of wisdom. don t fear a recession. it s actually a great time to start a business. a young entrepreneur finds success on a string. good morning, everybody, thanks for being with us. i m betty nguyen in for tony harris today, and you are in the cnn newsroom. all right. the fix is on the way. we now know how toyota plans to fix the sticky gas pedal problem plaging millions of cars. the parts on the way to a dealer near you. cnn s debra feyerick is in our new york bureau with the latest. also join mega, earl stewart, a toyota dealer in florida. explain to me how this fix is supposed to work. i spoke to the head of toyota u.s. sales today. he says that shipping the parts out could begin as early as
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