Nightly Business Report — November 26, 2014

Tonight on Nightly Business Report, a raft of disappointing data out today has some questioning whether the economy can really kick into a higher gear. And OPEC meets tomorrow to decide if it will cut production. What are the prospects like for oil prices?


Today’s stock stories: DE, CBS, DISH, TWTR, BMY, SDRL & GPRO.

Rayes | Photodisc | Getty Images

Zero interest-rate financing. Store cards with discounts. Cash advances. As consumers gear up for the holiday spend-a-thon, they will have plenty of opportunities to get into trouble with credit cards. And if they’re not careful, they can find themselves with lower credit scores, high interest payments and more. Holiday spending is expected to increase nearly …

Aaron Harris | Reuters
A BlackBerry Passport smartphone is shown at its official launching event in Toronto, September 24, 2014.

Tired of your iPhone? Sentimental for BlackBerry’s gold old days? BlackBerry, in its latest aggressive attempt to turn itself around and regain share in the smartphone market, is now offering up to $550 for people to trade in their iPhones. The program starts Dec. 1 and covers models from the iPhone 4S and later. To …

Dina Gusovsky | CNBC
A self-proclaimed "Cannamom" shows some of the medical cannabis she procured for her child.

Moriah Barnhart’s daughter, Dahlia, was diagnosed with brain cancer at age 2. Moriah said that Dahlia, now 4, was not expected by doctors to live as long as she has. But the blue-eyed, rambunctious little girl has exceeded doctors’ expectations. “The majority of the progress I’ve seen in her, physically, mentally and emotionally” is due …

Scott Mlyn | CNBC

Still figuring out your Black Friday battle plan? Here’s something that should help. With some retailers set to open on Thanksgiving morning, others later that evening and the rest on Friday, it can be difficult to keep track of when your favorite stores will cut the ribbon on their Black Friday deals. Read More Christmas creep: …

Getty Images

In the digital era, there’s not much left to prop up DVDs, aside from Redbox kiosks. Can anything prevent them from tipping over? Perhaps surprisingly, physical DVDs still account for the majority of U.S. home-video entertainment spending, with an estimated $7.3 billion in sales and $4.2 billion in rentals in 2014, according to research and …

Jacob Wackerhausen | Getty Images

The next time you want to badmouth lawyers—which is probably, like, right this minute—consider the case of Genser Dubow Genser & Cona, a Long Island firm that specializes in elder law. Partner Jennifer Cona said that over the years handling clients’ estate planning, protecting their assets, or helping them prepare for nursing home care, she …

Justin Solomon | CNBC
OPEC HQ's in Vienna, Austria.

The head of the Organization of Petroleum Exporting Countries (OPEC) has denied the group’s members are playing a game of chicken with oil U.S. producers. “That’s 100 percent false,” Secretary General Abdalla Salem el-Badri told CNBC when asked whether the group was testing the nerve of the U.S. oil industry, adding that American oil production …

Peach farm labor standoff

At the nation’s largest peach farm there’s a big union standoff that’s being closely watched by small farms and agricultural giants around the country.

FDA unveils new calorie rules

The FDA is mandating clearer calorie counts on foods consumed at chain restaurants, theaters and amusement parks.

Strength in U.S. economy

The economy grew at its fastest pace in more than a decade this spring and summer as consumers shopped and businesses spent. Will the growth persist into the fourth quarter and into 2015?

NBR Thum

Tonight: The economy grew at its fastest pace in more than a decade as consumers shopped and businesses spent. But will the strength in the third quarter continue into the fourth?

Nightly Business Report — November 25, 2014

Tonight on Nightly Business Report, the economy grew at its fastest pace in more than a decade as consumers shopped and businesses spent. But will the strength in the third quarter continue into the fourth? And, Apple goes where no stock has gone before, touching a $700 billion valuation.


Susie Gharib sat down with CVS Health CEO Larry Merlo to discuss the company’s renewed commitment to keeping its customers healthy.