Name. He saw the accident happen and he felt compelled to make sure the suspected driver did not escape so he acted. He used his white pickup truck that has a tow on the back to chase down that motorist and that truck was parked outside d. J. s tow yard in north philadelphia. He said the crash happened about two cars ahead of him on dev road. Lamar poole was riding his motorcycle west and was hit when the driver of the blue Toyota Corolla turned left in front of him. The driver got out, walked over and saw how severely poole was injured and then got back in his car and sped away. Thats when the tow truck driver and another motorist trailed the suspect for about two blocks over to harbison and they used their vehicles to box him in and make sure he didnt drive off and make sure he didnt drive away. He is quoting the suspect as saying, i cant believe this happened. I cant believe i did this, end of quotation. Accident investigators say it appears the 58yearold suspect now being held insi
Last weeks selloff caused the dow to lose all of its gains for the year. You can see theyre up 30 point. Its something. Come on. President obama has a message for Business Leaders. Quit complaining in an interview with economists, the president saying, quote, if you look at whats happened over the last four, five years, the folks who dont have a right to complain are the folks at the top. Bring in todays panel, fox businesss Charlie Gasparino, Dan Schaeffer from schaeffer Asset Management and veronica dagger from the wall street journal. Hes made the wealthy much richer with the runup in the stock market . You know, his condissension to people who create jobs is troubling to me. I met people who met with him, they call him the four ls, arrives late, lectures, doesnt listen, leaves early. Melissa nice thats rough id love to know who told you that. These are ceolevel people who say this. This is his those are melissa bank ceos . Combination of bank and conglomeration Business Leaders. Th
I think that that signs up his view of it. He writes about technology and culture. The guardian, the new republic, mit tech review and his work has been included in the science and nature writing. I cannot note that in his biohe also says in the early 1980s he was a founding number of the universally unnoticed group and i want to give you sense up behind the stage banter that we were having. These guys all know each other they say that he and neck have been disagreeing for more than a decade. And he also describes it as a walking bummer. [laughter] there is no pessimism in davids view. Antiis a bit more moderated and then we will hear the doom and gloom area and david, start us off, he is the author of enchanted objects. I want to show you an image of my living room. Its a couple of minutes and that will illustrate many of the products that i talked about in the book. Enchanted objects have the same functionality as before except for now they can talk. These are ordinary things and hav
Quick top Global Business stories of the morning. Mario draghi said he wants to raise inflation as fast as he can. It looks like he has some serious work to do. Here he is at a News Conference in frankfurt. Latest projections indicate lower inflation. Accompanied by weaker geo do to do the growth and subdued economics. The ecb cut his forecast for both inflation and gdp growth through 2016. Draghi says the central bank will gauge the need for further stimulus at the start of next year. Russias president Vladimir Putin took aim at the u. S. And European Union today in his annual state of the nation address he says both impose economic sanctions on russia anyway no matter what happened in ukraine. He said their goal is simply to hurt the russian economy. They may have to change the old , posting its 10th straight quarterly loss thanks to falling sales. Sears lost 548 million in the third quarter. The ceo eddie lambert, hedge funds are you near, has been selling and spinning off assets to
F 150. Phil will give us a live test drive and review the new truck in real time. That is coming up. First to sue at the nyse. After getting off to a decent start stock markets struggling a little bit on the last trading day of september and the quarter. The dow is up 1 1 3 points. The s p tracking towards its worst quarter in nearly two years. Despite the volatility this month the dow flat for september but the s p 500 down about 1. 5 . The nasdaq down more than 1. 5 , as well. The big talk down here is the brent crude contract and west texas intermediate getting crushed. The gold market getting hit hard down 2. 5 on brent crude down almost 3. 5 on west texas intermediate has a lot of people using the d word, deflation. And it was brought up and it is interesting because we didnt show gold but we will show it later and that is getting hit very hard. It is starting to impact the stock market a little bit here. We had a bid to the market. Take a look at the s p 500. I said there was a b