we will have the kroger cfo in about 30 minutes. in the making,rs but the volker rule might finally be realized. treasury secretary jack lew will discuss details of the final volker rule in a speech this morning and regulators will vote next week on a law that could affect $44 billion in revenue from the five to get banks. microsoft expanding encryption to protect customer information following reports that the government was intercepting data. the company is also stepping up legal efforts to protect the data. belown plunged 20%, $20,000. the people's bank of china said bitcoin is not a currency with real money -- meaning, and does not have the same legal status as hard currency. it might in the future. we're standing by for the latest read on the economy. initial jobless claims and personal consumption on deck. we have a jobs report tomorrow. michael mckee has the real deal on the numbers. data, two other central banks have their decisions -- no change on the ecb or the bank of england. >> but it does tell us something. there are i

the second property is the land that we lease to kroger's grocery store in the bay point area. and this this is a fairly long-term ground lease and the rents nicole are r50ik9d for cb 2k3wib8 purposes because we purposed the land with the community block if you happened with the person of building the grocery store. and the figure out a subset increase in board enforceable category is enforceable comboogs it requires the pursuant to the redevelopment plan. in this case didn't this calls for a transfer to the city. and the properties that would fall into this sub kit e set would be the shipyard particles. this is a refinement of what's in our memo based on 23u6r9 discussions internally and we feel this is a better spot for it in the property management plan where the aftra studios for example, their use to r50ik9d the rent are restricted for frunt the shipyard to the d b.a. and sunshine have to be permanent part of the studios they would be transferred with the r50ik9d rent. all the have a doubt particles we'll remain those until the developer has complete the sfroo infrastructu

lemonade so thank you. >> safe way and kroger, if you are listening up. this is vivienne, she gave you a pitch. i hope you check her lemonade out. thank you very much. happy holidays to you. if you know somebody with the go and do spirit tweet us using #goanddo. one is savannah day, she's spending christmas in the hospital with brain surgery. she didn't want other kids at the hospital to miss out on christmas. so before her operation savannah teamed up with her sister sierra and chloe to hold a toy drive. get this, they collected 4,000 toys for the kids at children's hospital in cincinnati, ohio. congratulations to those sisters right there. this we want to get in developing news coming from the senate that the all nighters they have been having will end today coming up in just a few minutes at noontime. senate majority leader harry reid took to the floor to say the senate will adjourn today after the noon votes, not be in session and come back on sunday -- sunday to start work on bills and nominations that will be considered into next week. reid also sai

. >>> kroger, the biggest u.s. supermarket operator issuing a cautious outlook for the rest of the year. the company reporting earnings in line with estimates but concerned with cuts to the food stamp program and how it will impact the current quarter. the stock dropped 3.5% to $40.06 the finish there. >>> mattress firm beat earnings and revenue estimates and raised the full year sales guidance. the company that sales national mattress brands such as sealy and simmons said increase advertising is helping to drive traffic and sales growth. the stock rose 14% to $38.90. >>> in the meantime shares of electronic arts says on going problems with the battle field 4 game forced the delay of future games from the developer. the issues including the game crashing repeatedly and problems accessing downloadable content. battle field is one of electr electronic arts' biggest franchises the stock to 2 $21 a a penny. >>> can you imagine paying 7 or $8 for a gallon of milk? those scary dairy prices could happen unless congress pa

kroger's safeway and super valu all falling in the entire industry taking a hit on those results. back over to you. >> thank you very much. >>> for some people, decision-making isn't so easy. so executives and investors have to make thousands of them, big and small, every single day. and norwina advises some of the world's top ceos and presidents, and one of they are major accomplishments was working with the governments in the middle east on the peace process. so that tells you she tackles the big ones. she is the author of "eyes wide open: how to make smart decisions in a confusing world." she's also a professor of economics at university college in london. ms. hertz, welcome. good to have you with us. >> thank you, tyler. >> i think everybody who's watching this program right now wants to be able to make better financial decisions that end up rewarding them. and yet one of the things you write about is all of the incoming signaling that you get -- people get -- from experts. we've got a lot of experts on our programming every single day. how do i evaluate that intelligence? how

little bit raised when i read about using leasehold value for 345 avenue, which is currently held by kroger in hunters point. there's many ways to look at the assessed values for that property. do we think that the state will question some of the methods that we've used for assessing the value of the property that will be sold or is that just something that's later. >> i'm sure that's possible. i think the reason that is put in is because that is one of our arguments is that that's an enforceable obligation. there is this ground lease and we realize it's a below market ground lease, but that proper /tpeu if it was sold with that ground lease on it, that's the only revenue that would be generated from that property. you're right, it would have a completely different value if the ground lease wasn't there, but that's the current condition. >> yep. okay. and then final thing just on the air rights parcel. i know for the jewish museum it's the same model where the development rights were sold so you can't do anything so there was transfer with value of zero. do we think that the state will agre

all in all elderly people in your community have been eating a variety of local kroger is like vegetables and see the contents. twenty years this made us realize we had a healthy diet and could channel including a long night. what chocolate cooking techniques continue to be cost down. even though japan now has few of multi generational households the secret is in maintaining a diet that includes lots of locally sourced seasonal ingredients. and suppliers we've a new distillery as enchanting care care has introducing authentic japanese food to a younger generation he wasn't where they have options other than ready to eat products. it's an average height of the weather a storm is affecting islands east of india. mine sure she tells us about that and more and broke my back. the morning catherine wheel with these kind of story assistance is really making an erratic movement over the bay of uncommon this look like it once to decide where to go it was cooling on the way towards the north. looks like in the view towards the south west very sharply. but it is a stationary and the man as of now it

he took a part of the kroger to pick the bleeding. contacted the us economy but that there are cute. you know who you know who would not be any airtime to fill up. but anyhow i'm in there put into that that duty the cut me open it to be cheerful platoon go . did you create and communicate the condition that they know you can have it. and they were infected by the end of the article to read it but it could affect our financial markets. we expected. uploading and kept the all golds while working on theotty. reading through all of it. in korea and to come up to the table with a nod to channel the foreign investment to fill her up if they go up by quoting a local embodied in it you do that eating clean and to try it and even dare to go to target on clearance priced from just add that occurring government has also prepared for this moment what policies will we see implemented as time goes by. due to go into the bidding duel with a trip to tampa and the momentum built locomotive can be fickle the sink and putting them all to see a problem t

the if obama or biden told the meeting we will look at kroger on its last friday. it has been plenty era seems that booklet educational program was first launched over these years of the openness of bright young people have received degrees from some older told the nurse to several. most of them haven't gone back because it's on and on line based tools and knowledge in the field before. they will certainly make me contribution in bringing the count equals the toe in finger will still go to developed countries ten thousand cars extend citizens were executed in the world's top universities than twenty years bullish approach has been in existence. most of the market national companies government agencies international organizations and private companies the president is open as a wise speech open up the phone the president reminded that the program was launched in hard times would cause extent be a shortage of professionals who deal with economic and political problems the president made a launching the international education program the president called for joint ef

box one and a brother to go to classes at kroger for residents and connor. in bulgaria thousands of protesters have marched to the capital sofia demanding the resignation of the socialist government involvement in fraud cases robin has bolstered by crowds of students. anti government demonstrations have become a regular occurrence in bulgaria over the past six months since the government was caught up in scrubs. israel has launched a new round of the airstrikes on gaza in retaliation for two rocket attacks from the palestinian territories. it's saturday three days the previous one left a three year old girl bed. elsewhere in cause of the sole power plant there some were taken to a shortage of fuel after israel closed while the palestinian officials blame it on tv crack down on the underground tunnels into the sea. since that devours you from the inside and is addicted in almost every case in russia the drug known as crocodile has cut its teeth into tens of thousands of drug users despite its ingredients being illegal to buy over the counter. they're readily

what you're about to back champions do it the system will meet india's main cities and have them at kroger accommodate these are longer works. to fall on the wing and contracts for such large scale protests hopefully you know to open up because the kind of investment you can do in infrastructure sector with a two dollar reduced the sector the dish to continue to be meaningless. to develop an effective it should open up porch. due to the previous baby can eat crab is going to be great. i need to be and india's main uses for a race last time the finance. they say they have high expectations in japanese technology. nearly fifty thousand of india's gdp causes of the service industries such as finance and banking businesses. but manufacturing industry easily accounting for only about fifteen per cent of gdp. i can summon the cabin crew scheme aims to strengthen the mind of jordan the government was tool a letter come on tony dean japanese companies. this fall on the media with its problems with that blasted the coach is over also japan india of reinforcing that the security cooperation. in june

of the time ago people jim coleman r is all just made our game systems this is just history for our kroger. she really here and ideas all win over new york on the new york none. he says that on a fetish for long tag but first i did on the insane their live life to so many boys and i know. many only get all the games on tv like a script trevor and i sent him for awesome unless you're sure to go home for that. i totally am about to take his dad did and it's really just seems to feed this has been a wonderful occasion the most of it to you guys may sway to run the off year and then paul mccormick storm tide brought say that the hospitality with one shown here is fantastic and now i look forward to come about for my own. does that such a wonderful place in the trade has been tremendous. as this be your first appeared. first the jungle. we are sure to come but i will be able to notice the guys really seem to have enjoyed their baldness team tonight has been very fun trip we appreciate being able to place it right up to the cost radar may come out mechanical back there and ask them to school the

big kid is it twenty and twenty thousand pounds of five thousand percent annualized rate of debt in kroger mint hope boy harley way for my young adulthood when i can prostitute myself down to the city of london for some pleasure and some bankers to pay off this debt that my parents forced upon me because they couldn't afford their crack habit here in the u.k. or is it marmite i can't tell the difference there's smoke and marmite the smoke there for druids ok they're over there stonehenge worshiping rocks they're all psychos so this is an incest cult that they had in australia and i'm saying that this is also what we have on wall street and in the debt markets in general now one thing and incest cult does not want is any sort of diversity or new entrants into the market because they want their malformed children and their weird incestuous cult here's how one mega bank is trying to crush big coin the mega bank of course is j.p. morgan and their sons and daughters program at the top of the show here they have renewed all of us patent number six six zero nine one one three and the article says

i knew you could not find it at kroger's. it is $350 a pint. the local wine store did not have it. i called another liquor shop in california. they do not have it. they only sell wine and brandy. on how i couldff get this beer and drink it for my mother. because iof fudging have it, but i am waiting. quality alexander is a great kid who does literacy in ghana. he asked me to come over. i met queen won the 10th. i have a weakness for old ladies and i actually -- absolutely adore her. i was sharing the story and she said, i want to drink it. i said, i'm going to keep this bottle until you come. she is coming in january. we will be drinking utopia and have a toast to my mommy. >> how do you write poetry, what is your actual ritual, do you pick up a pen and doesn't start? do you start in your home or office? >> i am not internet-y. yesterday, one of my writer friends texted me and said that i did a good job. i said, i cannot do this weird i am 70 years old. i can do this. i pulled it up and there is a thing that said reply. i touched it and then it said message. i said thanks, much lov

. >> kroger, walmart, safeway, fresh market. >> yes, but nothing exactly like whole foods, which is not to say they're not great competitors. they don't have our quality standards. they don't show up in the marketplace exactly and they don't have our team member culture. this is the difference of whole foods with other competitors. >> the whole foods market is tremendously successful so we have more people trying to copy us. that's the dynamic of capitalism. we don't have any patents on what we're doing so people are copying us. that means we have to evolve quicker. this store is an example of that evolution. >> we like the challenge. we relish the challenge and it makes us better. we'll have evolve faster and innovate faster. >> we can't sit still. if you sit still in a dynamic market like food retailing you'll get passed up, so we have to evolve quicker and create more value for our customers. we know we have to get our prices down while creating more differentiation. if we do that we'll continue to be very successful. >> in this store, do you have the strategic price match that you t

the head of a discount retailer that is giving the big guys like kroger a run for their money. the answer right after this. you can never have too much "money." ♪ every day we're working t be an even better company - and to kp our commitments. and we've made a big commitment to amera. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. and this park is the inside of your body. see the special psyllium fiber in metamucil actually gels. and that gelling helps lower some cholesterol. metamucil. 3 amazing nefits in 1 super fiber. be one whether it on the wall street were meet ssreet. here is who made money today. raising the low end of the school year earnings guide. stocks surging more than 6%. good for them. and ceo rick darling, on 658,000 shares, he made $2.6 million today. i wish that i'd had. losing money, this kentucky woman who drove

california and the good news for the united states is, apart from jobs.w stores, is 10,000 -- watch outr kroger!. our radar.what on president obama signed up for health insurance. rushed toof people the government site and the government pushed back the deadline until midnight tonight. >> strong winds and flooding are disrupting holiday travel and they have a major power outage in the terminal, which is causing cancellations and delays at heathrow. killedthrough july been from the severe weather. jack dorsey was nominated to the board of directors and will face confirmation in march. disney's ceo says that they hope to reach new people through technology. hugs we are heading to the break a the backstreet boys suited manager for cheating them out of millions. back with a new management system and we will have details. >> welcome back. you are watching the pulse. normally, we talk about the euro-dollar. the yen and we are not going to talk about that. we're going to talk about the best and worst performing currencies around the world this year. -- the other end of the spectrum might be less of a

kroger's website and look at their privacy policies, i could not figure out head nor tail of whether they sell that thou. they use words like affiliates and subsidiaries and it is done in such a way that you did extremely difficult to tell. i know one company that sells bracelets for health, and they look at their website, and basically at one point after they say what data they can get out of the bracelet, they say that some of the data may indicate poor health. then the issue is, what do they do with it? we can't tell. >> thank you. let me ask ms. rich if she wants to say something? and i was trying to stay within my time limit, seriously. >> i want to add to the point you are making. one of the things that we think about at the ftc to make it a more manageable issue is to focus on the nonconsumer facing data brokers. if the issue is about transparency, at least that is where the concerns are the greatest. consumers do not even know who is invisible -- who those invisible behind-the-scenes companies are. broad, bution is so we can work on that. it is proof of a problem. pam says th

. >> kroger down more than four percent. net income fell nearly six percent early due to the cost from the pending acquisition. they are bolstering appeal were trying to bolster the appeal, purchasing an upscale food retailer. obviously it is taking an impact. up in columbus, ohio, you would have a stronger appreciation. >> electronic arts is number eight. the website reporting technical problems with battlefield for may delay future releases of the game. four.ttlefield one of the best-selling videogame franchises of all time. >> you are really big into videogames. >> moving on to number seven, costco.ds, limited and both falling. i felt like i should say the company formerly known as the limited. it was a nickname. it was not quite the same. as bad, butt almost. >> just does not sound quite the same. the sales fell five percent. 1.2% him at the decline estimated by analysts. sales at costco rose three percent less than the average projection. analysts not getting what they want out of these companies. l brands and costco. s

aside from the fact for example if you go to kroger's web site and look at their privacy policy i couldn't figure out head nor tail how they sell that stuff because they use words like affiliates and subsidiaries and it's done in such a way that it's extremely difficult to tell. i know of one company that sells bracelets for health. i looked at their web site and a secret one point after they say what data they can get out of the race live they say some of these data might indicate poor health on your part. another issue is what did they do with it and we don't know. you can't tell. >> thank you. mr. chairman could i ask ms. rich if she wanted to say something? i was trying to stay within my time limit, seriously. thank you mr. chairman. >> i just wanted to add something to the point you are making about the number of date of brokers. one of the things, the way we think about it at the ftc to make it more manageable is to focus on the nonconsumer facing data brokers because after all it issue is really about transparency at least that is where the concerns are the greatest. the consumers d

if you go to kroger's website and look at their privacy policies, i could not figure out head nor tail of whether they sell that thou. they use words like affiliates and subsidiaries and it is done in such a way that you did extremely difficult to tell. i know one company that sells bracelets for health, and they look at their website, and basically at one point after they say what data they can get out of the bracelet, they say that some of the data may indicate poor health. then the issue is, what do they do with it? we can't tell. >> thank you. let me ask ms. rich if she wants to say something? and i was trying to stay within my time limit, seriously. >> i want to add to the point you are making. one of the things that we think about at the ftc to make it a more manageable issue is to focus on the nonconsumer facing data brokers. if the issue is about transparency, at least that is where the concerns are the greatest. consumers do not even know who is invisible -- who those invisible behind-the-scenes companies are. the definition is so broad, but we can work on that. it is proof of

. >> that was donated at a kroger. it was wrapped in a $10 bill and the note said the gift was made in memory of an owensboro women who died two years ago. >> little above average here. apparently the average donation in to a kettle is either 1 or $5. >> it is not change so much anymore. it's the bill. >> still the bill. >> time has moved on. >>> coming up, it is gingerbread house day. we are celebrating on "throwback thursday". >>> the guy who got busted faking his way with sign language at nelson mandela's memorial. what was he trying to say? >> and later have you put up your christmas tree? meet a guy in indiana who has 86 of them. you are watching "world news now." ♪ >>> "world news now" brought to you by colonial penn life insurance. insurance. "world news now" brought to you by colonial penn life insurance. prove it. enough is enough. d-con baits are specially formulated to kill in one feeding. guaranteed. d-con. get out. ♪ >>> all over the world, millions tuned in to nelson mandela's memorial in south africa

aside from the fact, for example, if you go to kroger's website and look at their privacy policy, i couldn't figure out head nor tail whether they sell that stuff because they use words like affiliates and subsidiaries, and it is done in such a way that it is excluded difficult to tell. i know of one company that sells bracelets for health, where i looked at the website and basically at one point after they say what data they can get out of the bracelet, they say some of these data might indicate poor health on your part. another issue is what do they do with it? we don't know. you can't tell. >> thank you. mr. chairman, could ask ms. rich is you want to say something? i was trying to stay within my time limit, seriously. thank you, mr. chairman. >> i just wanted to add something to the point you're making about the number of data brokers. one of the things, the way we think about at the ftc to make it more manageable issue is to focus on the non-consumer facing data brokers because, after all, the issue is really about transparency, at least that's where the concerns are the greatest. the c

even kroger today raising debt for their acquisition. everyone i've talked to, confidence is maybe finally there, maybe that will overcome higher valuations. >> if you talk to any bankers, they say there's been a lot of talk, a lot of talk. they're just waiting for -- >> the action. >> -- the action, exactly. everyone's waiting for the action. i think once you get an idea of what the fed is going to do, the health care law in place now, we'll see whether or not that gives people any impetus to do more deals in 2014. >> in the meantime, we'll cue up toby keith. mary, thanks. >>> two suspects remain at large after a deadly carjacking in an upscale mall in new jersey. brian thompson covering the story all day long in front of the essex county courthouse. what's the lateest? >> kel y here in newark they put a $10,000 reward for information leading to the capture of who they believe two suspects who drove into the mall at short hills, probably the highest upscale mall in new jersey last night, and then proceeded to cruise the parking lot. the

safeway and kroger. natural foods is a big theme. >> this is fresh. i switched from soy to almond. i think almond is too sweet. i'm switching back to soy. do you use real milk? >> yes. >> are you out of your mind? cow milk. >> plant-based, man, plant-based, p.b. >>> the opening bell is a few minutes away. we have a lot more sidewalk on t "squawk on the street" coming back after this. [ male announcer ] what if a small company became big business overnight? ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace new technology instead? ♪ imagine a company's future with the future of trading. company profile. a research tool on thinkorswim. from td ameritrade. >>> you are watching cnbc "squawk on the street." the opening bell set to ring within the minute or so. a lot going on as we talk about some of the things that are going right, some of the disappearing reasons to be bearish. last week, it seemed like 1800 was going to be the battleground. we may clear some of that. >> the only reason why you might want to be bearish, it does fe