That s p 500 declined, nascar lostering with need on address an important question. Do we have too many of everything . It sure feels like that on a day like today. Too many stores, too many trucking companies, too many airlines, too many banks, and nothing can be done about it except survival of the fittest. For the longest time the free market took care of itself. The big fed on the small. We had rational markets based on companies able to combine and take out costs. But in the last couple years, the federal government has turns violently against these deals. Were starting to see the havoc as company that grow are no longer given higher priced earnings and the government has chilled the whole darn process. I think it is a back lash to the justice departments willingness to bless too many Airline Mergers with the straw that broke the camels back with the u. S. Airlines deal. That raised prices and it changed everything. It has been downhill for mergers ever since. Think about what has
A funeral. The suspect will be booked on assault. Police say payne might have been impaired. Our Police Officers were targeted. We have heard about Police Officers being targeted across the nation, but this happened in friday. Its unacceptable fehr vilenesses is increasing. There have been 21 officer involved shootings in phoenix. We her the chief say the officers were targeted. We see stories of people accidentally hitting the gas pedal. The police are looking at the moment where he drives in, he noticed the officerth, he backed away and rams forward, hitting them directly. He took a moment to make that decision. Concerned parentth are kidnapping people. Criminals claim they abducted a loved one demanding money. Be on the look out for outside area codes be on ask details to throw off the scammers. Another meeting on the problems at two glendale were deemed unsafe. The district decided to consolidate and late this afternoon the other will susan empty school building. That changed on th
Yesterday the official Facebook Page for King Abdullahs royal coate posted this picture of him in military fatigues. Rumors were reported abdullah a trained helicopter pilot, may have planned to participate in the strikes. Japan is stepping up its fight against isis. The countrys parliament passed a resolution to increase humanitarian aid to the middle east. It did not include troops or equipment. In the u. S. President obama is expected to ask Congress Next week to authorize the use of force against the militant group. Nbcs tracy potts is live in washington. Good morning to you and does this mean boots on the ground . No it doesnt. But some lawmakers think it should. Jordan is ready for a fight but they need help from the u. S. They cant do it alone. 21 american planes escorted jordanian fighter jets into syria, bombing isis targets, avenging the brutal killing of one of jordans pilots burned alive by the terror group. We see isil a brutal vicious, december cult reporter the white hou
I am mark barton. As London Fashion week begins we will tell you how much the industry breaks for britain. We will tell you about londons next generation. Crunch talks in brussels over greeces proposal to extend its european loan row graham. Faxed yesterday the greek loan program. Yesterday the great Prime Minister said he has a positive conversation with Angela Merkel hours after her finance minister dismissed the loan extension request. The german rejection prompted an angry rejection from greeces deputy pm. We must realize at this moment it appears there are powers that would like greece on its knees so they can impose their will, and i believe we can all think of what helps our country and what helps these powers. Lets get the latest from brussels. Hans nichols is there. Are the germans prepared to negotiate or not . They apparently are leaving the door open to negotiations. I am going to give you for data points. Two of them are negative in terms of a deal. Two of them are positiv
Investors. And what the Company Calls the next chapter in its history. In a launch with lots of hype and hoopla, from cupertino, california, apple ceo tim cook unveils two new iphones, a wearable smart watch, the first new device in four years and a Payment System that turns iphone into a virtual wallet. And while Technology Geeks cheered with each new device or service announcement, wall street apple shares sent them on a wild ride trying to figure out what they need for the bottom line. After rising 3 when the iphone 6 was unveiled, they closed at nearly half a percent. And they looked at the reach of apples devices and dominant services, ebay down nearly 3 , along with Communication Systems soniff, watch and wearable devices heading lower. And gt advance tech, this is the maker of sapphire glass which may not be used in the new iphone 6 falling 13 , josh lipton has more. Reporter crowds lined up for apples event days ago in new york city. And early this morning in cupertino, califor