Page 3 - Ricochet Effect News Today

Were really facing is we would have to go down and try to locate this thing with side scan sonar, which is equivalent of riding around the continental united states on a horse looking for this thing. its getting extremely slow process. if you deployed multiple underwater robots, this could take decades. >> tim taylor, how does a search plan change, if nothing is found within the next few days? >> well, theyre going to have to take a long range look at this and really evaluate if they proceed. je...

Underwater, theres a channel from 2,000 to 4,000 feet that allows sound to travel great distances. it has a ricochet effect. maybe theyre using this acoustic sound to get down to that depth to see if they can hear that beacon. no one has talked about this, but its called the deep sound channel. i think thats extremely interesting that -- maybe theyre hoping against hope that they can extend the range of this pinger if its actually there. >> what are you writing, richard? >> i was just writing ve...

On wall street today, stocks are set for a lower open as investigators watch what is going on oversees, alison kosik is there. what are the specific concerns today? >> good morning, carol. wall street watching china and european. china overnight raised interest rates. the concern there that china is taking steps to slow growth and the ricochet effect could happen overseas to the u.s. portugals debt rating was downgraded. a lot of uncertainty on the political outlook. portugal may need a bailout ...

The stock market, well, the opening bell just rang about an hour ago. lets take a look right now at the numbers with the dow down just about five points or so. hopefully, things will perk up later on today. some encouraging news already, perhaps coming from the white house. might there be a ricochet effect on the markets as well? lets check in with -- oh, in fact, lets take a listen right now. that moment between president barack obama at the white house and chinese president hu jintao. >> at a ...