Winter weather is heading our way. Meterologist Leo Hirsbrunner will have more on the storm's track in just a moment.
But first, a couple of schools have altered their schedules in advance of the storm.
[TAKE FS SCHOOL TOUCH]
(Kim ad-Lib school touch)
These are the only schools that we have heard from at this point.
[TAKE FS WEB ADDRESS]
We'll pass along any additional school information as we get it. You can also find an updated list of information on our website at W-D-B-J 7 dot com.
[Kim toss across to Leo in weather center]
Authorities have arrested the 15-year-old girl they say tried to kill her family by burning down their house.
Jessica Dawn Hess is charged with attempted capital murder, arson and grand larceny.
Investigators say she set fire to her grandparents' house as they slept early Tuesday morning, tying their bedroom door shut with a sheet.
Her father was also inside, but all three got out safely.
A passing motorist saw the flames and two Henry County deputies woke them up and rescued them.
(///// SOT /////)
[IN Q=If they would]
[COVER SOT 10:01:41 - :44]
((GENEVA HESS/GRANDMOTHER: IF THEY WOULD HAVE BEEN 10 MINUTES LATE, WE WOULD HAVE BEEN GONE....))
((GENEVA HESS: IT WAS AS PLAIN AS DAY THAT'S WHAT SHE MEANT TO DO IS KILL ME, HER GRANDFATHER AND HER DAD.))
[SUPER=01-Geneva Hess/Suspect's Grandmother; :04]
[OUT Q=and her dad.]
Her grandparents are her legal guardians.
They say they had no quarrels with Jessica before the fire..
Governor Mark Warner says "sweeping changes" in state government will help fix the state's budget mess.
Warner outlined his legislative priorities yesterday to state agency heads.
The governor is seeking a series of reforms he says will help the state avoid budget shortfalls in the future.
He wants to add more money to the Rainy Day Fund, require more revenue re-forecastings, and improve V-DOT's handling of the state's transportation projects.
[IN Q=I THINK WHAT YOU'RE SEEING]
[OUT Q=STEWARDS OF THEIR TAX DOLLARS.]
Warner will present his proposed budget on December 20th.
It is expected to include more than one billion dollars in spending cuts.
Turkey is giving the U-S mixed signals when it comes to military support.
Its foreign minister has said the U-S could use its military bases if the U-N approved a war on Iraq.
Now the ministry says there's NO firm commitment.
U-N inspectors continue their work in Iraq today.
Their latest visit was to one of Saddam Hussein's palaces.
U-N officials say so far, so good.
But President Bush continues to say that if Saddam doesn't disarm, the U-S will do it for him.
Astronomers and sun- worshipers are having the time of their lives on the other side of the globe this morning, where there was a total eclipse of the sun.
[SUPER=03-Kruger, South Africa;]
At around 8 A-M South Africa time, the sky had warmed up to the morning sun.
But in a minute's time, it all went dark.
Thousands gathered at Kruger National Park for an un- obstructed view of the rare, total eclipse.
There were also thousands of spectators checking out the view from Australia a few hours later.
The next chance to see another total eclipse, 28 years from now.
In business news, For the first time, you'll be able to buy a piece of a U-S financial market.
The Chicago Mercantile (MUR'-kuhn-teel) Exchange goes public later this week, selling shares of itself on
the New York Stock Exchange.
The Chicago Mercantile is the nation's largest futures exchange.
The offering is being watched by other financial markets, such as the New York Stock Exchange, the Nasdaq and the Chicago Board of
Trade, which have expressed interest in issuing their own stock.
In other news, Both the Dow and the Nasdaq suffered losses yesterday.
Ed Crane has that story and more in this morning's Marketwatch.
[SUPER=01-Ed Crane/Reporting; :00]
[OUT Q=I'm EC, CBS Marketwatch, NY.]
((THE MARKETS SEARCHED IN VAIN FOR A NUGGET OF GOOD NEWS,..BUT THERE PLENTY OF NEGATIVE NEWS TO GO AROUND TUESDAY AND THAT SENT STOCKS LOWER.
THE DOW IS STILL OH FOR DECEMBER FALLING 119 POINTS. THE NASDAQ WHICH GAINED ON MONDAY GAVE IT ALL BACK TUESDAY DROPPING 35 POINTS.
THE MARKETS SOURED EARLY AFTER AOL TIME WARNER IN A MEETING OPEN TO BOTH SHAREHOLDERS AND JOURNALISTS SAID IT'S INTERNET BUSINESS WOULD BE FLAT FOR NEXT YEAR AND THAT OVERALL GROWTH THIS YEAR WOULD BE ON THE LOW SIDE OF IT'S EARLIER FORECAST..THATS SENT BOTH INTERNET AND ENTERTAINMENT MEDIA STOCKS LOWER.
YAHOO AND EBAY HAVE BEEN TRADING LOWER AS HAVE MARKETWATCH PART OWNER VIACOM , VIVENDI UNIVERSAL, AND DISNEY.
THE RECENT RUN UP IN TECH PRICES LED TO A WAVE OF PROFIT TAKING. LOSERS INCLUDE MICROSOFT, CISCO AND INTEL.
THERES BAD NEWS OUT OF DETROIT, GM AND FORD SAY DESPITE INCENTIVES NEW CAR AND TRUCK SALES FELL IN NOVEMBER. G-M SALES WERE DOWN 18 PERCENT , FORD SALES WERE OFF 20 PERCENT, FORD ALSO SAYS ITS SCALING BACK PRODUCTION UNTIL SALES INCREASE. DAIMLER CHRYSLER SALES FELL 12 PERCENT.
TELECOM STOCKS ALSO HAVING A ROUGH SESSION WITH NOKIA, MOTOROLA AND LUCENT ALL FALLING. LUCENT WAS THE MOST ACTIVE ISSUE ON THE BIG BOARD AFTER CONFIRMING IT WILL SEEK SHAREHOLDER BACKING OF A REVERSE STOCK SPLIT TO HELP BOOST THE STOCK PRICE. LUCENT'S STOCK PRICE HAS RALLIED IN RECENT WEEKS, BUT IT CAME CLOSE TO BEING DELISTED IN OCTOBER, WHEN IT FELL BELOW A DOLLAR A SHARE.
AND ONE OF THOSE GOOD NEWS BAD NEWS REPORTS ON EMPLOYMENT. OUTPLACEMENT EXPERT CHALLENGER GRAY AND CHRISTMAS SAYS LAYOFFS FELL 11 PERCENT LAST MONTH, AND 13 PERCENT FROM OCTOBER OF LAST YEAR... STILL 157 THOUSAND WORKERS WERE MUSTERED OUT LAST MONTH.
GET MORE BUSINESS AND FINANCIAL NEWS AT CBS DOT MARKETWATCH DOT COM.
I'M ED CRANE IN NEW YORK.))
(tape tosses to stocks)
The victims of abusive priests are sharing some of their evidence against Boston Cardinal Bernard (BUR-nurd) Law.
They say he routinely transferred abusive priests from one parish to another.
They're also releasing three thousand pages of priests' personnel files.
The files contain accusations of sex with girls, cocaine use with boys, and an affair with a married parishioner.
Quality versus quantity.
That's the message being sent to students at Virginia Tech.
University President Charles Steger met with students last night to explain why the school is increasing tuition by 400-dollars.
Steger says even though the increase will NOT be a quick fix to the university's budget problems, it WILL protect the quality of education by saving nearly 400-faculty jobs.
State budget cuts forced Tech to reduce its budget by eleven percent-- that's more than 42-million dollars.
Six weeks after quadruple bypass surgery, Lynchburg Mayor Carl Hutcherson is slowly making a return to his personal and civic duties.
Hutcherson was hospitalized in October after doctors discovered nearly all of his heart's arteries were 100 percent blocked.
He's been recuperating ever since, but he put in an appearance at two public functions today helping to break ground for the soccer complex and open a downtown restaurant.
Hutcherson expects to be back in the mayor's chair when city council meets next week.
(Kimberly tosses to bump)
Just before the holidays, hundreds of workers will find out they're losing their jobs.
This time it is the furniture industry.
Vaughan Furniture is turning a production plant into a distribution facility, resulting in the loss of 245-jobs.
President Bill Vaughan says this was a difficult decision because of the long history the company has in Galax.
He says a lack of product demand and increased import competition left them no choice.
(///// SOT /////)
[IN Q=by keeping]
((BILL VAUGHAN/VAUGHAN FURNITURE PRESIDENT; BY KEEPING THE DISTRIBUTION CENTER IN GALAX WE WERE ABLE TO PRESERVE AS MANY JOBS AS WE POSSIBLE COULD FOR OUR HOMETOWN AND WE'RE PROUD TO HAVE BEEN ABLE TO DO THAT.))
[SUPER=01-Bill Vaughan/Vaughan Furniture President;]
[OUT Q=TO DO THAT.]
55-jobs are available at the new distribution facility. Workers say they expect to find out next week which people will still have jobs.
The cuts will start in February. The company plans to gradually reduce production.