It Floats News Today

Brexit, round one. As eu leaders gather in malta. Maltas Prime Minister calls for a fair deal for britain, but warns it will pay a price for leaving. Plus, small talk, big money. Snapchat files for a stock market flotation, that could be the biggest tech ipo since facebook. Welcome to World Business report. Im aaron hesslehurst. In a minute well have, World Business report. But first this. We start in the maltese capital, valletta, where eu leaders are gathering for a special summit, two days af...

Brexit round one. As eu leaders gather in malta its Prime Minister calls for a fair deal for britain but warns it will pay a price for leaving. And following the announcement that snapchat will be listing on the us stock market, today we want to know would you buy shares in a company with a limited track record of turning a profit . In fact, it has not made a profit. The value of facebook has tripled since it went public in 2012, but will snapchat be a similar success . Do you snapchat . In the ...

Rescue teams to get to them. theyve already got the boats up there to the dragon capsule. >> i think one of the advantages that the commercial space flight companies have today is the fact that they can build on everything that nasa did from the 1960s through today, so they have a great head start. it allows them to use better technology and better capabilities and plop it right down where they expect it to be and have those boats ready to pick them up. although, you know, an aircraft carrier an...

0 these are people with families, and the goal here really has been heartwarming. i think youve probably seen the footage of the interactions that this crew has had with children in the hospital. i mean, its been a fund-raising campaign for st. judes, 200 million dollars has been the goal. and theres been all kinds of interaction from them there. it just has been an amazing experience to see regular americans, like you and i, in space. only less than 600 people -- >> jon: hang on a second, alexa...

Hang a left and walk a mile, or maybe further than that. you see these folks here are on boats right now. the depth changes. deeper spots and some shallower spots. its a bit of a challenge to get out. might have to walk part of it if your boat bottoms out. i want to introduce you to this man, trying to use his paddleboard to get people out. ever think youd use this to get people out of here? >> not at all. its much more fun in gulf shores, florida, out on the gulf, in the sunshine. but -- it lit...

About the three big breaches, but there were 53 breaches. the pump houses failed. they were antiquated. people left pump house stations. the whole system was crumbling. >> we are getting reports of people trapped on top of their homes. earlier one guy calling on his cell phone to say he was climbing higher and higher as the water level came up. >> my mom would always have an axe in hand. why do you have an axe, she said if they evacuated into the attic and the water got that high, they would lit...

But there were 53 breaches. the pump houses failed. they were antiquated. people left pump house stations. the whole system was crumbling. >> we are getting reports of people trapped on top of their homes. earlier one guy calling on his cell phone to say he was climbing higher and higher as the water level came up. >> my mom would always have an axe in hand. why do you have an axe, she said if they evacuated into the attic and the water got that high, they would literally cut the hole in the roo...

The transmitter thats buried in the plane, it may be under thousands of feet of water turns off. why not have floating transmitters? you told me you think thats a great idea. >> i think its great idea. i think the problem you have with the airline industry is the same problem you have with like the hotel thing that you just saw over there with this terrorist attack with these guys going in or the new freedom tower. you build these systems based on a lot of suggestions that people make and then a...