From activist investor and its shareholder elliott management. Well have a lot more on the talks around dell and from a tech analyst in just a minute. Also Fiat Chrysler and the uaw reaching a tentative agreement on a new four year labor contract. They threatened to strike if a deal wasnt made by midnight. Also 40 pow uaw workers now must vote to okay that agreement. The last proposal was rejected by rank and File Union Members. Many retailers will report Monthly Sales today. Costco saying its september comps were flat. Analysts had been looking for a small decline. Other corporate news, Deutsche Bank warning of a record pretax loss of almost 7 billion. Among the reason, big write downs at its investment ranking unit. It might cut or eliminate the annual dividend. Sony is moving forward with a plan to sell its half of a sony atv music publishing. The journal reports that the publisher is valued at about 2 billion. It owns the rights to most of the beatles songs. Smartest thing that Mic
Im jacqueline london. The pope has had a busy day in washington, d. C. Moments ago he left basilica of the shrine where he had mass for those of people. Hes in the fiat he drove from joint air force base andrews. Right now headed back to apostolic nunciature. This is the crowd that awaits his arrival. Well be following you movements and bring live video or pictures as they come in. This is pope francis first visit to the United States. What better symbol than white house where pope francis started his day. President obama and the first lady welcomed pope francis. They emerged on the balcony of the white house and had a crowd greet them. The popular pontiff received a huge applause. Afterwards the president and pope held a private meeting in the oval office. After leaving the white house, francis delighted the account with his popemobile through the streets. As hes known to do the pope paused twice to have babies brought to him and kissed them on the head. A huge thumbsup to well wisher
Her around the bus shelter, he xrumed in and tried to stop the attack and was stabbed and later died. Police caught up with hooker a short distance away and took him into custody. Police cant believe the man they knew as cannibal is gone. Really a good person. I fell over and was crying. He was a troubled teen but he was turning his life around. Those that saw him on their daily travels, called him a hero. He was out here a lot skateboarding and stuff like that. Stayed to himself and listened to music, its a shock that he was killed. An Authority Time ago wilmingtons mayor issued a statement offering his condolences to cottinghams family, he too called him a hero risking his life to protect another citizen and hooker we are told did not know the young mother he went after with a knife. He is held without bail on a los angeles list of charges including first degree murder. U. S. Sara. We told you last night how officials thwarted a plot against pope francis, he is a 15yearold man from o
Youre fine taking the schuylkill expressway this morning even in the evening commute. Benjamin franklin parkway is shut down as the Benjamin Franklin parkway has been shut down that continues today. Vine street expressway is open, we can see the ramp closures for broad. We have the ramps shut down, the schuylkill expressway is open, the vine is open until 10 00 p. M. Tonight. I95 is open through the weekend. Cottman southbound traffic heading toward center city. You expect to see extra volume on the other highways. 676 northbound will shut down at 10 00 p. M. Admiral wilson boulevard leading to the ben franklin bridge will shut down. 42 youre fine to take that this morning, matt and tam. Crews are working around the clock to make sure the city is ready for the arrival of pope francis tomorrow morning. Security fences are coming up. New rules to get around are going into effect. Katherine scott managed to find her way into center city. It was not easy. With more on the story, good morni
Is flying high. Mcilroy is once again the number one in the world. He is the favorite at this weeks pga championship. For more on this bank rescue, we are joined by guy johnson from london. The bank said earlier that a public rescue would be its last resort. Here we are with the last resort. We had a change of management and the new management look through the numbers and the books and said we need to be more honest about the state of play, about the risks and liabilities that the bank faces. As a result, we got a huge loss last week. As a result, effectively, this bank became insolvent from a regulatory point of view. Effectively, the government has had to step in. A little while ago the management said everything was ok, new management comes in, not so much. We have a problem. As a result, we need some bailout money. Now that they have the bailout money, what is next . Exactlyve to figure out what is happening here, what the real linkages are. The taxpayer is not on the hook, the gov