tokyo's nikkei is closed. stocks in this country opened this morning after the dow had its best week since january. the dow gained 435 points for the week. the nasdaq composite finished 62 points higher. >>> president obama kicks off an economic week with a speech in the rose garden today. in a prerecorded broadcast yesterday mr. obama said the country is moving in the right direction. with a possible government shutdown in the next two weeks he said he's willing to talk with speaker john boehner. >> i'm happy to have a conversation with him with how to deal with a so-called sequester, which is making across-the-board cuts on what we should be cutting while making tax breaks for companies not helping to grow the economy. there's ways of doing that. >> but the president said he won't negotiate on the debt ceiling. >>> and united airlines said lit honor those tickets it accidentally gave away for free. on thursday customers were able to buy tickets for $5 or $10 because of the way mistake on how the tickets were

tokyo's nikkei lost 2%. hong kong's hang seng fell 1.5%. the dow jones industrial ended the week down 192 points at the end of the week. apple's now the world's most valuable brand. according to a company, apple has knocked coca-cola from the top spot for the first time. the report estimates apple's brand value of more than $98 billion. >>> the outspoken owner of the dallas mavericks mark cuban is going to court today for insider trading. cuban is expected to testify in federal court in dallas. he's accused of using inside information to sell stock in a small internet company. prosecutors say he avoided $750,000 in losses. >>> another boost in the race for private commercial space exploration. spacex launched an upgraded version of its falcon 9 rocket from the california air force base yesterday. the rocket placed a canadian weather satellite into orbit. spacex has a contract with nasa to make a dozen unmanned cargo missions to the international space station. it hopes to carry astronauts in several years. >>> and a sequel was the winner ov

tokyo's nikkei lost a fraction. hong kong's hang seng dropped nearly 1%. concerns about the economy and budget battle sends stocks down. the dow jones lost 50 points yesterday. the nasdaq composite was down 9 points. bank of america has been ordered to pay $2 million to settle a discrimination suit. a judge with the labor department ruled bank of america applied unfair and inconsistent criteria to black job applicants. the decision affects more than 1100 applicants who were rejected for jobs. >>> blackberry once the dominant name in smartphones is selling itself to a group led by its largest shareholder. the deal is worth $7.4 billion. blackberry signed a feel with fairfax financial. blackberry holders will get $9 in cash for each share. the iphone is still going strong. apple said it sold 9 million units of its new top of the line model the iphone 5s. and the less expensive iphone 5c in the first days of its sale. part can be attributed to the decision to launch the new phone in china at the same time in the u.s. >>> and, susan, a symbol of the '60ess cou

tokyo's nikkei lost a fraction. hong kong's hang seng dropped nearly 1%. concerns about the economy and budget battle sends stocks down. on wall street. the dow jones industrials lost nearly 50 points yesterday. the nasdaq composite was down 9 points. >>> bank of america has been ordered to pay $2 million to settle a discrimination suit. a judge with the labor department ruled bank of america applied unfair and inconsistent criteria to black job applicants. the decision affects more than 1100 applicants who were rejected for jobs. >>> blackberry once the dominant name in smartphones is selling itself to a group led by its largest shareholder. the deal is worth $4.7 billion. blackberry signed a letter of intent with fairfax financial. blackberry holders will get $9 in cash for each share. >>> it was the introduction of apple's iphone back in 2007 that began the blackberry downturn and the iphone is still going strong. apple said it sold 9 million units of its new top of the line model the iphone 5s. and the less expensive iphone 5c in the first days of its

tokyo's nikkei added more than 1%. hong kong's hang seng lost a quarter percent. >>> worries about the economy and looming budget battles sent stocks on wall street lower. the dow jones industrial lost 61 points. the nasdaq composite was down 7 points. jpmorgan is in negotiations over its claims to handle mortgage-backed securities of over $11 billion. the department of justice has been investigating the bank over securities which lost value after the housing market plunged, leading to financial crisis. the settlement would include $7 billion in cash and $4 billion to consumers. >> the financially strapped post office wants to raise the price of a first-class stamp to 49 cents. that would be a 3-cent increase. the post of board says raising the postal stamp price is the last resort. if it is imposed, it would go into effect january 26th. >>> a new high-tech $100 bill is scheduled to go into circulation on october 8th. the new bill still bears the face of benjamin frank, but part of the declaration of independence has b

tokyo's nikkei added a traction. hong kong's hang sang added a quarter of a percent. >>> talk about a deal. yesterday you could buy a ticket on united airlines for nothing, or close to it. fares were posted on united's website and phone centers for $5 and $10. some fares were listed for free, the only charges being airport taxes. united says it probably had to do with a mistake when fares were entered. united is thinking about if it will honor the no-charge fares. >>> hopeful news for breast cancer patients. a drug manufactured by roche has been found effective in eliminating tumors before surgery. fda gave initial okay to perjeta. the rental is not binding but it could pave the way for full fda approval 37. >>> the slowly recovering job market has been kinder to women than men. women regained all the jobs they lost according to the great recession, according to the labor department. men are still 2 million short. the gender gap is expected to persist until the jobs market is much healthier. >>> the man who changed t

tokyo's nikkei added more than 1%. hong kong's hang seng lost a quarter percent. >>> worries about the economy and looming budget battles sent stocks on wall street lower. the dow jones lost 61 pointses the nasdaq composite was down seven points. jpmorgan is in settlement over is claims prior to the recession over $11 billion. they have been investigated over the securities which lost value after the housing market plunged, leading to financial crisis. the settlement would include $7 billion in cash and $4 billion to consumers. >> the financially strapped post office wants to raise the price of a first class stamp to 49 cents. that would be a 3-cent increase. they say raising postal stamp is the last resort. if it is imposed, it would go into effect january 26th. >>> a new high-tech $100 bill is scheduled to go into circulation on november 28th. it still bears benjamin frank link but part of the declaration of independence has been added. it'sal part of an effort to make counterfeit bills easier to spot. >>> check out

tokyo's nikkei lost more than 1%. hong kong's hang seng was flat. >>> the strong economic recovery keeps sending mortgage rates higher. according to freddie mac, they're almost the highest. they average 14.4%. >>> a disappointing back-to-school season for retailers. the international council of shopping centers reports that sales rose only 3.7% last month. that's a slight increase from july but well below last august's gain of 6%. >>> and google is asking a federal judge to dismiss a class action lawsuit. in a california court thursday, lawyers said googles practice of scanning the content of people's g-mail account is legal but the plaintiffs say it violates california's privacy laws and federal wiretapping statutes. g-mail says it scans e-mails in orders to sell ads. >> if you want access, you have to give up a little bit of privacy lately. >>> coming up on the "morning news," the use of electronic cigarettes soars among teenagers. >>> and an online confession. an ohio manner stars in a powerful video that will almo

tokyo's nikkei is closed for the holiday. wall street will be paying close attention to the budget this week. last week the dow jones industrial average gained 75 points. the nasdaq composite finished 52 points higher. >>> good news at the gas pump, the average price of regular gasoline dropped 6 cents a gallon in the past two weeks. the lundberg survey says the average price of an unleaded gallon is now $3.62. >>> it's important that the administration advisory panel is expected to recommend that those restrictions on electronic devices be relaxed. "the new york times" reports the new guidelines would allow reading ebooks, listening to podcasts, and watching videos. but using your phones or sending text messages is still out. >>> the big hit at the box office was "prisoners." the film starring hugh jackman and jake gyllenhaal cost $30 million to make and took in $21 million in its opening weekend. last week's top film slid in second and "the family" came in third. some good luck. >> definitely. thank you. >>> well, straight

tokyo's nikkei was unchanged. horng congress's hang seng lost a fraction. >>> on wall street an optimistic day as the risk of an attack on syria appears to be fading. the dow rose 127 points and the nasdaq gained 22 points to finish at its highest level since september 2000. >>> a big shakeup at the dow. three companies are in and three are out. alcoa, bank of america, and hewlett-packard will be dropped from the index of america's top companies because of low stock prices. taking their place, goldman sachs, nike, and visa. it's the biggest change in a decade and will take effect september 23rd. >>> and it turns out that rumors about apple's new iphones were right. the tech giant unveiled the new iphone yesterday. it's faster, has a better camera, and a fingerprint scanner for security. it also introduced the cheaper iphone 5c. it has a new plastic shell and comes in five different colors. both run on the new ios 7 software which will be a free download starting september 18th. >> an many re? >> marlie hall in new

tokyo's nikkei gained a .5%. hong kong's hang seng lost a quarter percent. >>> fears of a possible u.s. strike on syria slowed a rally on wall street tuesday. the dow inched up just 23 points while the nasdaq gain 22 points. >>> jeff bezos is meeting with his staff today on the "washington post" today. last month the amazon founder announced he would buy the newspaper for $250 million. bezos says he wanted to use the three ideas that made amazon such a hit. put the customers first, invest, and be patient. the sale is expected to be final next month. >>> the victims of a texas-sized ponzi scheme are finally getting some of their money back. more than four earring ago texas tycoon r. allen stanford was charged with bilk iing several thousands. >>> we see stadiums and tv shows sell their naming rights. now a smartphone operating system is getting sponsored. the deal puts google and hershey together. google's naming the next version of their android after the kit-kat bar. the internet company has named each operating

tokyo's nikkei added a fraction. hong kong's hang sang gained 1%. >>> a doomsday scenario if a sun slams into california. a government report found if a massive earthquake struck off the coast of alaska, a tsunami would shut down the nation's busiest ports and force three quarters of a million people to evacuate. the report is to help emergency responders prepare for a potential disaster. >>> and the race to replace the smartphone just kicked into high gear. on wednesday, not one, not two, but three companies unveiled their new smart watches. sony, samsung, and qualcomm, all three smart watches will synch with the smartphone or tablet. they all will cost around $300 and go on sale in the next couple of weeks. fun stuff, right, anne-marie? >> a watch, a tablet, a phone. i need another hand. that's too much. >> and some chargers, right? >> that's so true. wendy gillette in new york. thank you, wendy. >>> straight ahead, your thursday morning weather and in sports, it might just be the comeback of the year. a high schoo

tokyo's nikkei lost a fraction. hong kong's hang seng is closed. on wall street, a slight cooling off after wednesday's big rally. the dow slipped 40 points on thursday while the nasdaq rose 5 points. gold prices soared 4%, its biggest one-day jump in five years. more news the economy is getting stronger. a group of economists say the index of leading indicators went up by 0.7% in august. that followed a gain of half a percent in july. sales of existing homes increased almost 2% in august. the national association of realtors said that's 13% higher than a year ago and the highest level in more than six years. the average price for a single-family home is now $212,000, 14% higher than a year ago. >>> falling mortgage rates could help push those sales. the average 30-year loan has fallen to 4.5% and more homeowners are making their mortgage payments on time. the credit reporting agency transunion says the late payment rate in 2009 was almost 4% but last year it improved to just under 2%. >>> and more women are joining the work force, but they're gett

tokyo's nikkei fell half a percent, hong kong's hang seng was flat. on wall street stocks were mostly higher as actions against syria can be averted. the dow is up 135 points. the nasdaq posted a small loss finishing 4 points lower. >>> verizon has the biggest corporate bond deal ever. verizon raised $49 billion yesterday, money it will use to buy the rest of its wireless business from partner vodafone. verizon's bond sale is nearly triple the next largest corporate bond offering. >>> last month foreclose proceedings were started against the fewest number of homes in years. realty track reports the number fell 8% in august from july and climbed 4% from a year ago. on the average monthly pace so far this year u.s. is on track to have the fewest homes repossessed in six years. >>> and, anne-marie, at&t is taking some heat this morning. the issue is this picture posted on the official at&t twitter account yesterday, the 12th anniversary of 9/11. it shows a hand holding a smartphone appearing to be taking a photo of the twin lights that illuminate the new

tokyo's nikkei lost 2%. hong kong hang seng lost 1.5%. the dow jones industrial dropped 192 points at the end of the week. apple's now the world's most valuable franld. according to a company, apple has knocked coca-cola from the top spot for the first time. the report estimates apple's brand value of more than $98 billion. >>> the outspoken owner of dallas mark cuban is going to court today. prosecutors say he avoided $750,000 in losses. >>> another boost in the race for private commercial space exploration. spacex launched an upgraded version of its rocket from the california air force base. the rocket placed a canadian weather satellite into orbit. spacex has a contract with nasa. it hopes to carry astronauts in several years. >>> and the sequel was the winner over the weekend at the box office. "cloudy with a chance of meat balls 2"er anded $35 million. last week's "prisoners" earn $11 million and "rush" pulled in $10 million. anne-marie? >> i hear good things about "rush." >>> straight ahead, your monday morning weather. and in sport

tokyo's nikkei added 2% to hit a five-week high, hong kong's hang seng gained half a percent. >>> on wall street investors are still waiting to see what will happen in syria. on friday syria and a weak jobs report left the dow relatively unchanged. it lost 14 points while the nasdaq nudged up one point. >>> gas prices are going up again. the lundberg survey says the average price for a gallon of regular jumped 3 cents in the past two weeks. it's now $3.58. that's still 25 cents a gallon cheaper than this time last year. >>> apple is hosting a big event tomorrow. the giant is expected to unveil two new iphone styles. the 5-c will be cheaper and have a plastic body instead of a metal one. it will also come in different colors. >>> neiman marcus will soon be sold. reports say a los angeles hedge fund and canadian pension plan will pay more than $6 billion for the luxury retailer. the parties are attempting to finalize the deal and talks could still fall apart. >>> and the sci-fi thriller "riddick" claimed the top spot at the box office this weekend. the movie starring vin diesel as an a

tokyo's nikkei gained more than 1%. hong kong's hang seng lost a quarter percent. on wall street investors shrugged off worries about what the fed would say. the dow climbed 34 points and the nasdaq jumped 27 points. >>> it's payday for microsoft, the software giant. they said they'll buy back $40 million in stock. that's 5 cents more than the previous month and will be paid on december 12th. >>> the federal government is going to seize a skyscraper in new york. prosecutors say it's secretly owned by the iranian government. the building is 36 stories tall and is located on fifth avenue. officials say the seizure and sale of the property will be the government's largest ever terrorism-related forfeiture. >>> and the famed versace mansion in miami, florida, has finally been sold. fashion designer gianni versace was murdered there in 1977. the asking price a year ago was $125 million. it sold at auction tuesday for just $41 million. the new owners say they're going to turn it into a high end hotel. anne-marie? >> wendy gillette here in new york. thank you, wendy. >>>

tokyo's nikkei added nearly 2%. hong kong's hang seng gained 1%. >>> the nation's largest bank, jpmorgan, will reportedly pay more than $900 million in fine. two traders have been charged two traders have been charged with wire fraud and falsifying bank records in the $6 billion loss. "the new york times" also reports the bank will admit to wrongdoing. >>> today the coffee chain starbucks will begin running newspaper ads telling customers that guns are no longer welcome in its store. they stopped banned guns outright. they said we ore not pro gun or anti-gun. advocates have been pushing starbucks to ban guns while they have decided to defer to local laws. >>> and unfortunately there is a winning ticket in last night's estimated $400 million power ball drawing. it was purchased in lexington, south carolina. the winning numbers are 7, 10, 22, 32, 35, and power ball 19. there are nonjackpot winners in seven states, prizes of between $1 million and $2 million. there's still reasons to check your tickets. but, anne-marie