. >>> 2014, of course, marks cnbc's 25th anniversary. earlier this year, we revealed our list of the 25 rebels, icons and leaders who had the greatest impact on the world of business, commerce and maybe even culture over the past quarter century. now we're going to turn to the future with our list of 100 who we say will have the biggest influence over the next 25 years. first to one of the great influencers, sue at the nyse. >> oh, thank you, ty. all right. well, we have record intraday highs for the dow jones industrial average. the dow transports and the s&p 500. so it's starting out to be a very strong day. but oil is really the thorn in the side of the market. it continues to be under pressure. right now we have west texas intermediate off just about two-thirds of a percent. and ice brent crude looks like it may go positive. it just hit unchanged. opec is slashing its demand forecast and outlook for prices ahead. oil plunging more than 20% in the past three months. join the conversation with oil dropping and the u.s. becoming more en

tweet us at cnbc fast money. an unprecedented program arting busithat partners businesses with universities across the state. for better access to talent, cutting edge research, and state of the art facilities. and you pay no taxes for ten years. from biotech in brooklyn, to next gen energy in binghamton, to manufacturing in buffalo... startup-ny has new businesses popping up across the state. see how startup-ny can help your business grow at startup.ny.gov but what if you could see more of what you wanted to know? with fidelity's new active trader pro investing platform, the information that's important to you is all in one place, so finding more insight is easier. it's your idea powered by active trader pro. another way fidelity gives you a more powerful investing experience. call our specialists today to get up and running. >>> we are all getting ready for our special 25th anniversary. members our our first 25 list will meet members the cnbc next 25 list. let's get to becky quick and joe kernen live at the eve

what do you think of cnbc's reaction? >> think it is immature. sophomoric. they obviously are denying that happened. melissa: kind of. >> that is more serious, denial is more serious. melissa: there wasn't much of a denial in there. they said it is laughable. they could be just laughing -- >> when you say something like that, melissa, in a corporation and you're trying to mock the person who is bringing it public, that's a denial. you know, we're not, we're in the "no-spin zone" here. we dope care what games they play. was that mark hoffman doing that to you. melissa: no. you know what, i decided not to reveal the person who did it. >> i know him and, i could have commented but if it wasn't him. so i don't know the rest of the personnel over there. it but anyway, i believe you. you know why would you go up against them it weren't true. if you have any documentation that would be. but i don't know how you document stuff like that. not surprised. jeffrey immelt was ceo of general electric, time running everything good. long history with barack obama. a did a l

i was hurt. >> welcome to "60 minutes on cnbc." i'm lesley stahl. in this edition, we examine the boardroom intrigue at hewlett-packard between 2005 and 2007. it was a tumultuous saga that led to criminal charges, executive firings, accusations of sexism, and lots and lots of finger-pointing. and in the midst of it all, three of the protagonists told me their sides of the story -- pattie dunn, thomas perkins, and carly fiorina. we begin with pattie dunn. it was 2005, and she was appointed chairman of hewlett-packard. yet just 20 months later, dunn was gone from hp due to her participation in an internal investigation that involved spying on members of the board. less than a month later, dunn was charged with four felony counts for her role in that investigation. in october 2006, only hours after the criminal charges against her were announced, pattie dunn sat down with me to talk about what happened at hewlett-packard. let me ask you the obvious question that i think every lawyer who's watching this is asking himself or herself. why are you giving u

they don't have time to work on this. >> cnbc do the math on this. >> you know how tough cnbc is on obamacare, right? melissa: yes. yes. very, very tough. >> they recruit journalists for obamacare. just a little bit. melissa: speaking of nbc, "today" no show. the attempt to revive morning glory against rival "good morning america" ends in complete disaster of the network firing television executive jamie horowitz before he can officially take the reins of "the today show.." >> two months he had. melissa: that is zero months much. december 1st he was supposed to start. >> he has been there a couple months getting his feet wet. melissa: on listening tour. >> he drowned before he got. nbc is famous of pulling rug out. people in this building who should know very well. there was something called america's talking which nbc was behind. they were all set to roll out. didn't tell guy in charge of that they planned this other thing called msnbc. they pulled out from guy heading america's talking. you know who that was. melissa: our fearless leader. >> you tv people are mean. this is why i work in pri

so do stay with us here on cnbc. >>> the cnbc realtime exchange market snapshot is sponsored by in interactive brokers. when change is in the air you see things in a whole new way. it's in this spirit that ing u.s. is becoming a new kind of company. one that helps you think differently about what's ahead, and what's possible when you get things organized. ing u.s. is now voya. changing the way you think of retirement. i'm just looking over the company bills.up? is that what we pay for internet? yup. dsl is about 90 bucks a month. that's funny, for that price with comcast business, i think you get like 50 megabits. wow that's fast. personally, i prefer a slow internet. there is something about the sweet meditative glow of a loading website. don't listen to the naysayer. switch to comcast business today and get 50 megabits per second for $89.95. comcast business. built for business. >>> the postal service has some very big news for everyone who hopes to buy, sell or maybe even receive a christmas present this year. >> cnbc's morgan ben.has more of the holiday shopping indicator. morgan? >> shipp

melissa: i want to bring in charlie gasparino, he was at cnbc as well. are you surprised by my story? >> i quite frankly am surprised. i, listen i'm not surprised by liberal bias. i worked in the mainstream media throughout my career. i'm right of center. i never hello my feelings about, devote day of the free markets, never held back on that. i seen the way it works, usually as howard says, a lot more subtle. i know this i know mark hoffman runs cnbc. i think he is a decent guy. the dick hogan, runs news operations, decent guy. here is one of chilling aspects working in the mainstream media. when i was at "newsweek" and exit polls were in and george w. bush lose to john kerry. people doing high fives in the newsroom. that is one. there was a thing, at cnbc, right after the elections when president obama first took office, markets getting crushed, markets were scared about obama-nomics ability to lead. tim geithner didn't lend a lot of courage and confidence in the markets. we as network started talking about that. no sooner did we talk about that, jeff

. >>> and the anchor who said cnbc silenced her when she dared challenge the silencing of obama care. >> i was called into management and i was told that he was disrespecting the office of the president by telling what turned out to be the absolute truth. >>> the press makes valerie jarrett the scapegoat in truth. what about the lost art of reporting, a conversation with brit hume. plus glen beck makes a video about health problems that almost forced him to hang it up. >> i had begun to have a string of health issues that quite honestly made me look crazy and quite honestly i felt crazy because of them. >> where does this leave beck and his media empire? i'm howard kurtz and this is media buzz. >>> there's almost nothing the media loves more than secret videotapes and this was the architect of obama care jonathan gruber admitting to a health care conference that -- transfer money to poorer patients. >> lack of transparency is a huge political advantage. and call it the stupidity of the american voter or whatever, but that was really critical to get it to pass. >> this was a very big s

welcome to "squawk box" here on cnbc. i'm becky quick along with andrew ross sorkin and michelle caruso-cabrera. joe is entering an early start to thanksgiving. if you are traveling today like so many americans this holiday, there could be trouble on the way. we're going to check in with keith carson at the weather channel right now. keith, what should people expect if they're planning to get on the roads anytime during the day? >> you know, the best advice is to either get out there before this storm. here is the rain we're looking at right now. none of this is snow except back here into part of west virginia. if you go out in and out, you'll be dealing with rain in the major cities. but that changes. we turn over to snow later on this afternoon. after that, it will be a real problem. down the 9 the 5 corridor, not much has changed in the forecast. the hardest hit areas still inland here in through

>>> 2014 marked cnbc's 25th anniversary. oralier this year we revealed our list of the 25 rebels, icons and leaders who had the most impact in the world on business over the past quarter century. now we turn to the future with our list of 100 who will have the biggest influence on the next 25 years. we profiled some of them. today a computer programmer who changed the world 140 characters at a time. in his own words, twitter co-founder jack dorsey. >> my name is jack and i never grew up wanting to be an entrepreneur. i never thought about building companies, never thought about becoming a ceo. never thought about becoming a leader. the quote that captures the way that i've always thought about building that picture i want to see in the world is by steve mcqueen. when i believe in something, i fight like hell for it. that has been my life. i had a picture of what i wanted to see in the world and i did whatever it took to make sure it succeeded. to make sure it thrived in the case of both companies. i took 1,000 hours of massa

he's a big cnbc contributor. i hope he notices and -- >> how many pies will you sell in the next for the holiday season? >> you know, even in the next 24 hours we'll probably do thousands of them. >> thousands of pies? >> especially the minis. >> are you hiring? >> absolutely. we are expanding into new york right now. soho and harlem. we need some more people, pie lovers to build the brand and expand. >> wow me with numbers. how many pies are you going to be selling? >> i would right now between now and closing 3:00 on thanksgiving day, large pies probably a good 3,000 or so. >> wow. >> and well more than that of the minis. >> what are you doing here when you should be kneading dough? >> i haven't been to sleep in over 24 hours and the fact i'm standing is a miracle in itself. >> all right. let's move on. >> go and make more pies. thank you so much. >> thank you for having me. >> let's wash down the pie with booze. if you have trouble picking out a perfect wine for thanksgiving, there's an app for that. it's call

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. >>> the anchor who says cnbc challenged her when she challenged the selling of obamacare. >> i was called to management and told i was "disrespecting the office of the president." it turned out to the be truth. >> melissa francis will be here. >> and valerie jarret is the scapegoat and chief the media says that is associationism. >> the lost art of reporting in a conversation with brit hume. >> flesh beck make as fearful video about health problems that almost forced him to hang it up. >> i had a stream of health issues and i felt crazy because of them. >> where does this leave beck and the media empire? that is "media buzz" today. >> there is nothing the media loves more than secret video tapes and the architect of obamacare admitting to an academic concert it was deliberately designed to disguise it would have a tax that transferred money to poorer patients. >> because of the stupidity of american voter, that was critical to get it passed. >> this was played as a big story on fox news. >> a stunning admission from the architect of obamacare in the last 24 hour as scandal involvin

>> welcome to 60 minutes on cnbc. i'm steve kroft. in this edition, we talk with a trio of business moguls, carl icahn, eli broad, and sir howard stringer. we begin with carl icahn. it takes a certain breed of stock market investor to thrive in queasy times, and icahn is one of that breed. he has a knack of turning someone else's loss into profit for himself. but he can also help others improve their bottom line through the so-called icahn lift, an upward bounce that often happens when he starts buying a beleaguered stock. when the financial crisis hit in 2008, many investors were tearing their hair out, but not icahn. the state of the economy changes, but icahn's investment philosophy remains the same. as he told leslie stahl in march of 2008, carl icahn looks to pounce while everyone else is losing their shirts. >> the day we visited icahn enterprises, the stock market was swinging wildly, at one point, dropping 300 points. so has this been a bad day? this is not a great day. >> tough day, tough day. >> wow, this is beautiful. look

it's nice cnbc will be making comments on the market. can an average investor have access to kensho. where do you see this partnership evolving towards? >> i think the trajectory of all technology is towards increase accessibility. investors at home can expect to see that. it will be no different for this type of technology. >> david, what do you think hedge funds you talked to will be thinking about this kind of technology and where it might be going? and making it more available to the masses? >> what i wonder is if you commoditize it, what's its value. why did you choose this route as opposed to very narrow, charging an extraordinarily high price perhaps for data that will be very valuable, instead going ubiquitous, isn't it going to get commoditized? >> you can build a valuable company offer commoditizing previous privileged data. mike bloomberg proved that. the trajectory is toward increasing ubiquity. >> we'll be talking about this the next weeks and months. trader talk cnbc.com has a good explanation of kensho and some unusual exa

there bertha coombs joins us from cnbc hq with more on the story. good morning, bertha. >> good morning. tesla's third quarter profits doubled offset, rising demand for its model s demand. demand a key word here. earnings beat forecasts and revenues doubled. the company delivered nearly 7800 vehicles slightly less than expected. that was due to a scheduled shutdown in july. tesla expects to build 35,000 models this year and deliver 33,000. on the conference call, the ceo dismissed concerned demand for the model s has reached a ceiling. he says demand is not our issue. production is our issue. tesla's thinker quarter revenue was boosted by sales of environmental credits, most coming in the form of california's zero emission vehicle credits, which the company sells to other manufacturers so they can meet state regulations. tesla is delaying production again on its next vehicle by several months until the third quarter of next year. the model x was originally supposed to be launched in 2013. but it has delayed production. musk is trying to put a positi

that has been a topic of discussion here on cnbc many times. i want to note urban outfitters had a significant margin pressure. the store is tfl. they have a problem with some traffic declines there as well as i think general fashion misses for them. they are the big decliner in retail today. >> thanks, bob. >>> chris ailman ranked third most powerful and influential chief investment officer in the world overseeing about $185 billion at the california state teacher's retirement system. welcome back and here for the first time here in studio. how much of your capital is indexed? >> in the united states we are 80% passive. outside the u.s. we are 50% passive. >> you do that because you want to own the whole market and your prices are lower? >> we actually maj the russell 3000 index in house. the staff does an excellent job. it is much more cost effective and efficient for us to run it in house. >> my question for you is for your typical member and for people who are investing in 457s and 403 bs and 401 k plans, should they do what you do and keep

and joins us on a cnbc interview. remind we do have a bit of a delay. peter, what's your view of amazon? my guys on the desk are right in the midst of this debate that peter einhorn is short that name. >> well it is always, amazon is a super hard company to evaluate in general. and it's certainly has had a extraordinary history if you look bam. it ipos about half a billion dollars in 97. i think i went up to 118 in early 2000. down $4. and up to 300 or something today. sites been an extraordinary history. on the long-term i would not bet against bezos. he's one of the great entrepreneurs off our time. and i think great companies shouldn't be profitable right away. they should have ideas and ways to invest in the future. and amazon has lots of ideas on how to keep investing its money. i think it could be very cash flow positive but it chooses to instead in the future. and i think that is both a good thing for the world and a good thing for amazon as a business. >> so you are saying that you think wall street and investors are unfairly punishing jeff bezo

let's take a look at the ftse cnbc global 300 index. it is trading lower down just about 15 points or 0.2%. the focus really on india gdp. this is six months now that prime minister modi has been at the helm of india. what type of growth will india be able to witness after the economic reforms that modi has been able to put in place? it might be too early to see the fruits of his labor, but that is something that analysts will be watching out for. back to focus here in europe, right now, markets in europe are trading lower. we got that cpi data. it did come in line with expectations, but, again, still not a great read on inflation. >> xetra dax do you know 53 points. the cac 40 down 20 and italy, after that disappointing data kams came out, we're seeing markets trade down about 160 points. a lot of pressure on matteo ren renzi. can he bring the reforms that he's been promising? >> i love how we're seeing quite a bit of selling. >> the gdp number. >> exactly. in line with the flash estimates, right? so looking at what we're seeing in the

cnbc speaks to founder jack ma later today. display you're watching "worldwide exchange," bringing you business news from around the globe. >>> nouriel roubini says he doesn't think the fed will hike interest rates anytime soon. factors in whether the u.s. inflation and the rest of the world could lead officials to start hiking more slowly. >> it could be sometime in the middle of the year. could be june, could be july. even if inflation employment data the right level to start hiking, the fed would like to wait a little bit longer just to make sure that if they start hiking with the liftoff, they're not going to abort it and they can go back to zero. >> roubini also said easing by other central banks could impact the u.s. economy. he's saying even when all the growth, inflation, unemployment is in the right place, even then we won't see the fed start hiking. central banks also overreact to whatever the fear of the day was. then it was inflation and they kept rates prohibitively high. central banks will really not want to have

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>> i would probably take a shot at cnbc over disney. disney is not a cheap stock. >> you just want to take the opposite side. >> it's trading at -- >> bring it on! >> expected to grow 9%. >> our thanks to mike khouw. more options action check out our live show 5:30 eastern time on friday. we have your first move on friday when we come back. stay tuned. when change is in the air you see things in a whole new way. it's in this spirit that ing u.s. is becoming a new kind of company. one that helps you think differently about what's ahead, and what's possible when you get things organized. ing u.s. is now voya. changing the way you think of retirement. tdd# 1-800-345-2550 even on the go. tdd# 1-800-345-2550 open a schwab account, and you could earn tdd# 1-800-345-2550 300 commission-free online trades. tdd# 1-800-345-2550 so if you get a trade idea, schwab can help you take it on. tdd# 1-800-345-2550 we're getting a lot of questions tdd# 1-800-345-2550 about organic food stocks. tdd# 1-800-345-2550 [ male announcer ] sharpen your instincts

. >> welcome to "60 minutes on cnbc." i'm lesley stahl. in this edition, we examine the boardroom intrigue at hewlett-packard between 2005 and 2007. it was a tumultuous saga that led to criminal charges, executive firings, accusations of sexism, and lots and lots of finger-pointing. and in the midst of it all, three of the protagonists told me their sides of the story -- pattie dunn, thomas perkins, and carly fiorina.

in my book it was patty at cnbc who called me early at cnbc saying we're now producing more than 9 million barrels a day, domestic crude production. hooray, america. it is the best pace since march of 1986. in my book that's 28.5 years. hopefully we'll keep coming back to the dawn of rockefeller time! back to you. >> yeah. and you got friends that trade oil, i'm sure, don't you? >> oh, absolutely. most of them have actually survived. but down here we have a saying. if it's good for america and not good for traders, too bad. >> right. that's what i've been saying for awhile too. >> did you see that op-ed by cochran at the university of chicago, the booth school? oh, my god. deflation really isn't as bad as some want you to think. >> i did see that. >> you know how long i've been on that soap box? since my hairline was down to here the first time i started talking about that. when powerful elite highly educated people have any boogiemans at all, avoid anything that comes out of their mouths for the most part. you know what? a conversation is better than a fear factor. >> all right. thank you

bertha coombs of cnbc, thanks. >>> your nbc10 "first alert" weather. into we should make it a holiday so people get that day off. this morning, the sun has the day off. light rain to see it falling on market street. 8th and market, a bit damp. right now 49 degrees at 5:26. "first alert" traffic reporter jillian mele is watching the roadways, that's what it looks like out there, jillian. >> it's wet all over the place. this is a live look for drivers in delaware. this is what you're going to see if you're leaving the house in the next two minutes, route 1 at christiana mall. good news, we're not reporting any accident. we do have one on new jersey pike. >>> carlesha comes home. we continue to learn more about the woman found alive almost 72 hours after being abducted off a philadelphia street. >> from pennsylvania to maryland we have an entire team of reporters dedicated to this story. randy. >> reporter: here in the parking lot where that suspect was arrested. we're getting a shocking look into his past. next, why police in virginia say he's the main s

go to cnbc com/vote. and while oil sink, transportation stocks are on record highs the names driving the sector higher. and the 2014 marks cnbc's 25th anniversary. we revealed our list of the 25 icons and leaders who has the most impact in the business world and now we turn to the future with our list of 100 who we say will are shave the bigget influence over the next quarter century. back to scott. >> see you in about 15. the rally from last month keeps going. the dow and s&p hitting record highs yet again today. the snap back no surprise to our next guest. micha michael karsch. he still follows the market closely. great to see you again. so people know at the peek it 3 and a half billion in assets under management. in your 13 years your long-term fund bet the s&p by 100%. let's let that stand where it is. >> yes. >> tell us how you view the market. >> i think there are still opportunities in the market. you need to be more selective than the last time i came on the show. but definitely seeing opportunit

cnbc speaks to the current host of food fighters, adam richman. and we heard from venture capitalist peter thiel of the founder's fund. >>> and let's have a reminder of your headlines today. republicans sweep a victory in the senate, taking control of congress for the first time since 2008. toyota reaps rewards from a weaker yen as profits top forecasts and more pain from pimco's outflows, total returned fund hit a record $20 billion. >>> still to come on the show, a british invasion is under way on new york's fifth avenue where a store is opening its largest store yet. we'll hear about the debut. >> i'm terrified, but it's good. it's going to be fun. amazing shops, amazing clothes. he's supporting me, keeping me alive. >> that's right. how much money do you have in your pocket right now? i have $40, $21. could something that small make an impact on something as big as your retirement? i don't think so. well if you start putting that towards your retirement every week and let it grow over time, for twenty to thirty years, that retirement challenge

hampton pearson with cnbc. hampton, thanks. >>> now your nbc 10 first alert weather. >> clouds, fog, they're back, and the temperatures are up. we're in the 50s right now. look at the clouds over center city. that's a live view from the adventure aquarium. the clouds will not last. we will see sunshine and a much warmer afternoon. right now, 56 degrees at 5:26. jillian, how's traffic looking? >>> you know, it's a problem for drivers in northeast philadelphia, bill, because we still have cottman avenue closed between summerdale avenue and whitaker avenue as a result of an accident. we'll bring you a live picture from that scene in just a few minutes. also hearing about an accident in montgomery county, so i'll gather those details and bring them to you as well. >>> and at 5:27, there is a new demand for school safety today. >> it's in response to attacks to three teachers at a local high school in one month. parents, teachers and students will come together today to call for a change. ring ring!... progresso! it

stuart: cnbc has issued a response to the comments, here it is. they say that is laughable, but we take notice because as the fastest growing network in time, we are always the lookout for high-quality comedy writers and actresses. melissa is with us now. that was a slam on you. >> number one, he did not say it was not true. that is a nondenial denial to some of people have pointed that out because they know it is true and they know it happened. it is so sarcastic and so condescending, do you want your financial network to get a lookout for actresses and calmly writers? is that what you're going for, are you hoping we're going to have calmly writers and actresses on the set, or are you looking for someone on the lookout for your money? stuart: did you not study economics at harvard? >> i did, somebody said that was a reference i was a child actor growing up. it is hard to sort through the sarcasm and the condescension in the comment. they are laughing at their viewer the same way jonathan kroebegruber is laughing at folt there, laughing at voters

all right. >> the good city. >>> today, cnbc announced a partnership with kensho. so what is kensho? well, it's a company that tapped big data to answer complex financial questions like how often have we had a santa claus rally in the last 50 years? questions that may take time and poring over charts for us to figure out, but just seconds using big data. melissa lee is here to explain more. this could be transformational. >> absolutely. and certainly puts in the hands of the smaller guy watching the advantage that a lot of institutions have already in terms of looking at how correlated things are, how certain sectors react on certain events. for instance, what happens to financials around the time of the fomc meeting? these are all things we can do pretty easily with kensho. i just want to pull up an example i did for you guys. you were talking about retail, about gas prices. so i took a look at gas shock. so what happens when there's a sudden gas drop as we have seen? so i did a search here. when our bob drops by more than 25% over 20 days, which is one month's wo

welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. 7 million people are under winter storm warnings throughout the upper midwest in the united states today. the frigid temperatures are expected to reach the east coast later this week. we'll have a live report from the weather channel in just a few minutes. >>> first, bad news out of hawaii. that river of molten lava has finally consumed its first home. there's never been any doubt about how hot lava is, but check out these pictures. the lava completely incinerating this home. plumes of smoke could be seen for miles. >>> corporate news for you this morning, this one surprising me, joe. microsoft announcing its first lumina smartphone without the nokia name. now the tech giant is dropping the nokia brand title months after it completed that transaction in its hand set business. so there goes the beginning of the end of nokia. separately, ford will begin production of its resigned f-150 today. the vehicle now has an aluminum b

we had a really big night for cnbc last evening. joe, becky and i caught up on the red carpet for the start of the festivities. we were not alone. a great list of attendees joined in. i had a great conversation on the stage with martha stewart. there were a couple of highlights. >> are you on tinder, too? >> no. >> whatever happened on that? >> two bad dates. >> oh, martha. >> i'm sorry. try again. >> i tried. i tried. you know, i'm a little bit -- for match.com. >> yeah, i have several. and, you know, for cameras. >> where? >> on my property. i take pictures. they're very good for landscaping and for -- and for seeing where -- >> do you have them delivered yet? >> no. today i had a cup of coffee delivered by a drone in my office. >> you look at my dinette, but -- >> no, it's just too big. it's not too big. >> you're not going to be blind? >> no. it's on one side. it's -- in a way, it's too small because it's not a big enough screen with a big keyboard and all that. and it's too big to put any place unless you build some big thing t

he joins us on a first on cnbc interview. welcome true. >> thanks for having me. >> i we have a substantial delay. it's kind of obvious. we'll make this as painless as possible. tell us about this knew deal with microsoft. people seem to be spinning that is a microsoft story. tell us why it is a drop box story. >> i think it is a big day for us. we just announced a big partnership where dropbox and microsoft office are deeply integrated. so if you are one of the 1.2 billion who use office or the 300 million who use dropbox you get a seemless experience, where you are editing a document you can open it in drop box and vice versa. >> this maybe is a natural progression in that move. who make the bulk of the revenue out of this deal? is it you? microsoft? is it a split? i think those are some of the questions folks are wondering about this morning. >> so we don't share details on any of the commercial terms. but this is we both see as just the beginning of a really exciting long-term partnership where there is all kinds of ways

we speak to the cfo first on cnbc. that's coming up in the next hour. >>> and the race is on as u.s. polling stations open. we ask whether republicans will take control of the senate. we'll cross to washington for the whole story. synchrony financial partners with over two hundred thousand businesses, from fashion retailers to healthcare providers, from jewelers to sporting good stores, to help their customers get what they want and need. banking. loyalty. analytics. synchrony financial. engage with us. >>> bmw profits slipped slightly in the third quarter. but the company affirmed its outlook for the full year, forecasting a significant increase in sales and earnings. nonetheless, shares off 1%. continental is up 2%. it says it can still beat its full year target despite a drop nernings. we'll get the full story when we speak to the cfo of continental at 11:15 cet. so stay tuned for that. now, hugo boss off significantly, down 6%, after the german fashion group cut its sales and profit outlook for 2014, citing weaknes

i wrote a piece for cnbc on how this dollar trade is extremely crowded. everyone and their mother is in on this trade on the idea that the u.s. is going to outperform and move faster when it comes to interest rates and that is the story for 2015. >> england -- home prices are falling and the bigger question, that we'll without question come back to time and again now is china heading for a hard landing. the data again was weaker out of china. the chinese seem unwilling at this stage to boost their economy by even cutting interest rates. >> and iron ore are down more than 40% all this year setting up for another year where the u.s. is outperforming. >> let's get to the nymex and jackie. >> the department of energy out with its report on crude stocks last week. a draw down of 1.7 million barrels. watching prices in the high 75 range. pretty much staying flat on this number. even though we're seeing a draw down, it is because traders are seeing overall supplies are well stocked and u.s. is in good shape in terms of the output now. the saudi oil minister sayi

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with us here or a cnbc exclusive irwin simon was celebrating last night. good to see you. >> nice to see you guys. >> your stock is at a record, 35% revenue growth. not bad. how much more growth is there in this entire natural and organic category? >> so you had walter robb talking about the growth in whole foods. you asked him about 1,200 stores. he said yes. that was great news. because we have over 2,200 products in whole foods. they have close to 400 stores today. let's multiply it by three. there's a lot of leg room, a lot of ground work there. just to step back, if you come back and look at the word wellness, i started this company 20 years ago. 10% of the population understood wellness. today it's 90% of the population. you look at oregon and colorado where they just had a vote on gmos and true labeling. it didn't pass. >> not quite there yet. >> but 49% of the voters voted in favor. that's a big part of the population that wants healthier foods and full disclosure. today our customers shop at walmart, target, costco in their last quarter talked abo

brightroll is a member of cnbc's disrupter. just because i don't remember having the guy on doesn't mean we would have it. do you know? we haven't had the ceo price at all. >> i'm not sure we've had the ceo. >> he's got a young mind. >> i don't know about that. it's actually very full company. we're going to talk about that. >> you are going, right? >> we can talk programmatic advertising, what it's worth, whether they will be paid. i have lots of questions. >> so if i go out tonight -- >> yes, sir. >> having cocktails, programmatic advertising. >> programmatic, naturally. >> yahoo! entering the programmatic -- >> they're getting more into the -- >> more into the programmatic advertising space? >> programmatic? >> you don't know. >> programmatic is a way in which media buyer res paying for advertising. >> like on a program -- >> effectively in the say wait a minute way that google allows you to take a word and people bid up words, it's sort of like -- >> it's not like programs on television and it allows you to -- >> no, it all

bertha coombs is joining us live from cnbc hq with more. martha? >> forpg. bad news for proctor and gamble of they are exaggerating imports to send money out of the country and reduce its taxes. the top agency says the company inflated prices nearly $140 million on imports from brazil. proctor & gamble has been in argentina since 1991 with three manufacturing plants as well as three distribution plants in the city. we're seeking a ban on foreign companies as well as suspending the tax identification code. argentina requests pg&e pay taxes to avoid it. the country says the u.s. securities and exchange commission has been notified. proctor & gamble says it is going to be hard to get this done. this is something that a lot of companies have this issue, the u.s. and other corporations out there. external progress and the taxes they pay here, but this is a big move on the part of argentina. >> bertha, thank you for now. >> stick with us, because despite cold weather it was off to the races in new york this weekend. nearly 50,000 runners took to the streets of new

we cross to cnbc hq for the full story. could the uk's general election next year leave the housing market on shaky ground? we bring you the latest report in just about 20 minutes. >>> plus, we hear about a big bet on tech start-up. and the much anticipated hbo film. synchrony financial partners with over two hundred thousand businesses, from fashion retailers to healthcare providers, from jewelers to sporting good stores, to help their customers get what they want and need. banking. loyalty. analytics. synchrony financial. engage with us. >>> following mario draghi's assurances that the ecb was poised to take all necessary steps to expand the economy. he confirmed the ecb would expand its levels to that of 2012. he tried to down play reports of a split within the central bank. >> on these reports, let me say, first of all, it's fairley normal to disagree about things. it happens everywhere. just recent statements about when to raise interest rates in the united states for fomc. it happened in the uk, it happens in japan. t

the ftse cnbc global 300 index, a good gauge of stocks across the world. just about trading flat right now. we'll keep an eye on the comments coming from the central bank governor, diving into the european market which have been rebounding over the past couple of days thanks to a better than expected investor sentiment report from germany. we did see the dax gain triple digits yesterday. right now, continuing with its gains up 0.4%. in france, looking at gains around 10 points and in italy, a triple digit gain. the ftse 100 trading down just about 11 points. interestingly enough, after we got those bank of england minutes, we are seeing the sterling gain against the euro. >> indeed. and let's move on and look at bond markets. the s&p closed for the 43rd time at a record high yet. those record highs suggest that we're in a risk on environment. always worth reminding yourself that the risk aversions 2.3% at the moment. still record lows. so with those equity markets hitting records, do temper your enthusiasm with what the bond markets are telling us. the ten

give us a call at 1-800-743-cnbc. miss something, head to madmoney.cnbc.com. >>> with the price of oil plummeting, what does it mean for the refineries? companies like marathon, seven refineries in the u.s., and more than 5,000 gas stations under the marathon brand. there's 12,000 under hess, new acquisition. they can benefit from the oil prices. in this business, crude is a cost, which is why marathon has been roaring the past couple weeks. refinery is based on margins. it's the difference the companies pay for oil in the u.s. and what they can charge for products like gasoline, determined by the international price of crude. how are they doing? marathon reported that the company had a strong quarter. 228 basis, record results from the retail side, driven by robust fuel margins and better retails sales growth. marathon would increase the dis bu -- distribution growth. can it keep performing? now that everyone is negative on the price of oil, could oil be bottoming? let's check in and take a closer look with gary hemi

welcome to cnbc. first in business world wide. we will get to business here in a second. we have a great show still planned for you, i promise. do we have the christmas music? >> we will go for a very quick break. everyone needs to just calm down. we are going to tell you what is happening with the markets. >> also, the biggest possible threat to the markets. everything is so good right now. we wonder if now is the time to be concerned. >> it really is. gas prices down, markets around record highs, housing market is good. what can go wrong? >> by the way, we also used to have a taper jar every time somebody said taper we had to put a dollar. the newest money jar has to do with retail. phrases i think we both detest. >> you detest it even more. >> i really do. we are back after this. ameriprise asked people a simple question: in retirement, will you outlive your money? uhhh. no, that can't happen. that's the thing, you don't know how long it has to last. everyone has retirement questions. so ameriprise created the exclusive.. confident retirement approach. now you and your

the ceo will give us a first on cnbc interview. just take a closer look. it works how you want to work. with a fidelity investment professional... or managing your investments on your own. helping you find new ways to plan for retirement. and save on taxes where you can. so you can invest in the life that you want today. tap into the full power of your fidelity greenline. call or come in today for a free one-on-one review. aso all of the fresh beef we sell comes from cattle who've had room to roam. no antibiotics, no added hormones. third party rated for animal welfare. raised by people with responsible ranching practices on over 1000 us ranches, like hearst ranch. because to us, value is inseparable from values. whole foods market, america's healthiest grocery store. >>> jack-in-the-box moving higher in the after hours session on earnings. mary thompson has the details. >> better than expected earnings for the fourth quarter from jack-in-the-box. a penny better than expectations. same store sales rising by 3.1%. then a 7.7% increase of its kudo ba mexican

cnbc special correspondent scott cohen joins us live from ferg standard operating procedure. set the scene for us on what you are seeing on the ground. >> sure, seema. it's been a long and largely sleepless night here in ferguson. and i'll orient you to where we are. we've pulled back from where we spent much of the night about half a mile down the road. that's the neighborhood where all of this unfolded back in august. michael brown, the unarmed 18-year-old who was walking home after apparently robbing a convenience store gets into an encounter with the police officer, darren wilson, is fatally shot, his body left for four hours. there were protests, sometimes violent, back in august. local police say this is much worse than that. there were at one point directly across the street from us about four fires burning among 12 in the overall area. 29 people arrested overnight. and a lot of gunfire around, remarkably police say nobody was shot, nobody hurt, no deaths last night. but the situation is still tense as firefighters continue to battle these fires and they try and get th

billion a year according to the richest man, but he tells cnbc in an exclusive interview that international restrictions are not the economy's only problem. >> i think everybody will stick to international law agreements and their promises. everything will be okay in the end. i'm sure that it is in our best interest to live in peace. >>> deadlock in vienna. officials made a deal on taming iran's nuclear ambitions in return for easing sanctions that will be possible for reaching this evening's deadline. >>> and stoxx 600 is looking to take over the gridiron from aviva. >>> and we are just going to bring you to the europe sentiment data. the number was previously at 103.2. it's coming at 104 for november. the expectation index has come in at -- sorry, i'm just going to get that one. it's come in at 99.7 against a previous index of 111.0. we are going to bring in the chief economist here to show us this is a pretty big surprise. >> this is a very important data point for two reasons. first of all, the economic weakness in europe over the last six, seven months has been largely germany. positiv

speaking sclus ofly to cnbc, ma said he does not want the company stock pricing. it was his responsibility to look after the business. the alibaba founder confirmed reports he was considering a listing for alipay. however, china's wealthiest man said he was not happy with the pressure of being rich. >> everybody surrounding you for money. i want people see this is -- this is the guy -- i want to be myself. >> that just goes to show, wilfred, money cannot buy happiness. quite surprised how candy jack ma was. he was bees the head of alibaba, examine founder examine executive chairman, was not an easy job. >> no, i agree. it was an interesting interview by david faber. bur, of course, he's also reflecting on the last six months of his life presumably getting away. hopefully not the -- to relax and be happy in the months ahead. >>> some top yahoo! shareholders have reportedly reached out to aol's ceo tim armstrong to explore a possible merger. according to reuters, they want armstrong to run the combined company. armstrong is reportedly receptive to the deals, but he

let's bring in cnbc contributor, his firm worked up that new report. and before we get into the meat of the matter and the questions and everything else, we've got eamon javers here, too. for full disclosure, was this a report you guys were paid to do? we just want to make sure we know where you stand. >> no, not at all. we get to do reports on things that interest us. but no client interest. >> find out they took in about 100 million times over the last month. that's going to happen. you know it will. >> yeah. of course, they should know that going in that all of these records are public. at least on the campaign side and the fec reports. my colleague, tom kise, who did the work on this, really terrific report that because you could see the data and the huge jump over 2012. and there were maybe about 100 rides and up to 2,800 rides in the past cycle. so i think what's interesting, brian, is the policy implication going forward. what are the views on these issues surrounding the sharing economy and peer-to-peer networks. >> yeah, absolutely. what do yo

cnbc, which produces this program partnered with the international group of journalists to produce a report on one of the biggest leaks of tax documents. >> over 500 tax reforms from companies gives us an exclusive look at how many are using luxembourg to avoid paying taxes, many have set up shop in the tiny nation. the way it works, accounting firms like price waterhouse consults with tax ministers in luxembourg on behalf of companies, setting up what they want and mostly getting approval. about $95 billion in profits flow through luxembourg in 2012 alone according to the bureau of economic analysis. of that, only about $1.1 billion was paid in taxes, so about 1%. if the money were in the u.s. that would amount to about a $30 billion tax bill. direct investment from the united states to luxembourg in 2013 was close to a billion dollars, none of the tax shelters appears to be illegal. for example, the companies which don't necessarily operate in the country can borrow money from others and relate is to subsidiaries. the result, billions are dedica deducted in expenses. >> the tax inc