Dropping straight down 141 feet at more than 62 Miles Per Hour on the shell razor, a Star Attraction at the brandnew American Dream. Ceo don garmisian took me up, up and around americas newest play land. My office is cousin, cousin, cousin, brother, brother, brother, brother, father, father, father, father. Reporter he and his very large family, all 30 of them are the innovators behind this new, well, what should we call it . You dont like to call American Dream a mall. So what do you call it . Its an experiential center. Its some place where you can go and do just about anything you could possibly imagine. Reporter in a time when malls are dying, are you worried at all . No. Weve done it before. Repor same familyrun company, triple five group behind minnesotas famed mall of america and canadas west edmonton mall. They both offer 75 retail and 25 entertainment, but American Dream offers about 50 of each. If you think about it for a second, retail, its not a secret. Its been a struggle.
Biggest malls panic when gunfire erupts during the first day of the Holiday Shopping season. Deadline decision. The impeachment inquiry against President Trump enters a new phase this week as House Democrats demand to know if the president and his lawyers will take part in the proceedings. And betting on a dream. While Holiday Shoppers continue to spend big, Retail Stores still struggle against the rise of online shopping. Well show one developer working to bring the next generation of mega malls on line. Why he thinks he can reverse the trend of shuttering Retail Stores and why some are calling this three million squarefoot complex a nightmare. Ouch. First, we begin this morning with a look at todays eye opener, your world in 90 seconds. This is literally going to go from coast to coast. Its already been a historic storm covering literally 70 Million People across the United States. A major winter storm disrupts the busy travel weekend. Sloppy, it will be messy, so buckle up. United i
The language not all of this gets me a little but uniquely to a truck would say you want to know their story muslims who are fighting and promote the mission for margaret. Saudi arabia is selling the family silver its offering a tiny slice of states own oil giant around tote but the 1. 5 percent of the company up for grabs still looks set to be the most valuable i. P. O. Ever. The bottle for the skies heats up as they do by air so with european giant airbus on u. S. Rival boeing competing to seal deals. Im sinai is investing billions in Artificial Intelligence some of the applications are improving peoples lives but there are concerns about how the technology could be used to it is our state control. This is the details of your Business Life from berlin i take for us on the welcome along. Saudi arabia has decided to restrict Oil Giant Aramco its i. P. O. To the Riyadh Stock Exchange with the vast majority of shares to be sold locally the decision is a huge step back from original plans
A month now protests have rocked the country which have left more than 20 people dead and thousands injured the unrest began over a hike in metro fares but quickly spun out of control devolving into riots and looting kneecapping the economy along the way as a result the government promised to draft a new constitution to replace the current president s about stamping yet also admitted that Security Forces had met the demonstrators with access force. Now chile is considered one of latin americas strongest economies growth this year is likely to be around 2 and a half percent but inequality is a huge problem just one percent of the population holds nearly a quarter of the countrys wealth while the bottom half collectively just owns 2 percent and they have very little chance of escaping poverty now for more on the story lets bring in a melinda from Lancaster University good morning im lendu good to have you on the Program Still had long been labeled as an economic Success Story yet there i
They have to pay back their expectations. Well i think of their expectations were slightly high to try and valued the overall. Business 2 trillion to me was partly a vanity project is very valued and when they were when they were asking the overseas investors to get involved it was lukewarm pretty much everybody said that its going to be 2 trillion is far too much and more realistic valuation now seems to be around the 1. 7 trillion to 1. 7 trillion but even then i think you know the market in general Still Believes that that could still be slightly on the high side so i think you know theyve just adjusted to reality to a certain degree was the valuation the only reason that International Investors stayed away. Well i think not necessarily i mean what youve got to look at is the Saudi Arabian market is a fairly limited access market for foreign investors. And there are concerns with regards to control and political influence within the saudi aramco business as a whole than unfortunatel