Are suddenly surprised. Worth a thousand sales. Lets take you inside the perfect photograph that will get you to take at your credit card. Good morning, everybody. Happy friday. Happy pi day. Its a huge holiday. Escalating are between Vladimir Putin and the west over ukraine. Troops onlitary have the ukrainian border. The u. S. Calls this referendum illegal. John kerry is meeting with his russian counterpart. Peter cook is following the development. We thought we might hear from kerry already. He is due to speak shortly. Were supposed to get some readout on how his conversation with sergey b has gone in london. We know this is a final diplomatic push. Before that referendum on sunday. E heading into it this morning. Effort to trynal to deescalate this crisis. The u. S. Will offer some final ideas here for how the russians can work with the new Ukrainian Government and try to satisfy their concerns about their interest in crimea. We had sergey lab rob saying, this is obviously a difficu
Derailed. Thats about 45 miles west of fargo. Smoke can be seen up to 20 miles away. Residents within five miles of the fire have been evacuated and urged to evacuate, rather, and residents within ten miles have been told to stay indoors. Both trains are owned by Berkshire Hathaways bnsf. No injuries so far have been reported. We should say the fire will likely raise some concerns, though, about the increasing volumes of crude that are shipped by rail. Right now, more than twothirds of the states Oil Production is shipped by rail. Were going to go to michelle with more of the top news stories. Happy new year. Its nice to ring it in with you, andrew. Its very nice to be here. Warren Buffetts Berkshire hathaway is buying philipps 66. Berkshire reported owning about 27. 1 million shares of philips 6 6 at the end of september. That stake is worth just over 2 billion. A phillips 66 filing said it would be getting 19 million of those shares in explaining for the specialty product focusing on
Releasing the september jobs report next tuesday. So on forget our jobs friday. Its now jobs tuesday. Last months Producer Price index will be announced on the same morning. Then on wednesday, were going to get september cpi. Steve liesman, of course, and all these numbers are going to join us 8 30 eastern time with more on what we can expect. Before we do all of that, michelle has this mornings top stories. Andrew, do that again what you did with the fear index. Ooh, the fear index. It sounded like homer simple standard operating procedure, it was really funny. In global news, chinas economy glooe grew 7. 8 in the Third Quarter. In line with expectations. But the countrys sta. Ic bureau said growth showed signs of slowing in september. Speaking of china, chinese computermaker lenovo has signed a nondisclosure deal to examine blackberrys book. But the Company Reportedly faces regulatory obstacles if it bids for all of the company. It is said to be likely to pursue parts of blackberry.
Cnbc. Com vote. First lets check in with with sue at the new york stock exchange. Hi, ty, good to see you. Were going to start with three rings of fear. On the list, international crisis, another mortgage crisis and fear of a sudden market drop. That call coming from sam zell on squawk this morning. Its very likely that something has to give here because you just cant almost every company thats missed has missed on the revenue side, which is a reflection of the fact there is a demand issue, and that demand issue continues to be prevalent. When you have a demand issue, its hard to imagine the stock market at an alltime high. Dominik chu is with me. Sam zell very well known. Hes an exceptionally smart businessman. He is, but he made a couple mistakes. He made a bad call on the tribune. Yes. Do you think he could be right this time . Of course he could be right. Heres the reason why. Its the stock market. Nobody knows exactly whats going to happen. Theres no crystal ball. There is no crys
Politics. I spent a semester in washington with my school, colgate university. I saw washington and i thought, a think tank might be an exciting place to be. I know people dont think of think tanks as being exciting. So the center of American Progress was starting up one of my professors gave me a new York Magazine article about it. It was new, aggressive, it was a think tank but sort of wasnt your grandmothers think tank. So i decided to apply for an internship at the center for American Progress. It was great, it was a lot of fun. It was pushing a Progressive Agenda like many think tanks havent been. It was trying to change the message to show that progressives werent all week on national security. Showing religious voters could be progressive. It was trying to change things. Where has this idea come from in your life . My family in part because i grew up in a small village in upstate new york under about 1,000 people. Im adopted. Im from korea. My siblings are also adopted. My one b