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he was arrested wednesday after turning out what to be fake explosives from undercover officials. amanda knoxs attorneys begin closing arguments today. the american student was convicted of killing her roommate, meredith kircher. "world business today" starts now. good morning from cnn london, im charles hodson. and good afternoon from cnn hong kong, im andrew stevens. welcome to "world business today." the top stories this thursday, september 29th. >> vote yes to say the euro....

amanda knox sentenced to 26 years in prison for killing her roommate. the defense claims dna evidence used to convict knox is unreliable. the prosecution says independent experts ignored other key evidence, which reports that knox said in a letter she was worried but that she was thinking of what she would do once she was back in the u.s. after more than two years in iranian prison two freed american are calling their trial on charges of spying a sham. josh fattal and shane bauer say...

the president will lay out a speech to the nation, and democratic sources are telling us that it calls for $300 billion in tax break, incentives and other spending offset by an equal amount of budget cuts. this is being described as a major make-or-break moment for the president. we will discuss it along with mitt romneys competing plan that he unveiled today, but first on the phone, chief white house correspondent jessica yellin with the details. jessica, this $300 billion figure, and...

hell lay it out thursday night to congress and the nation. democratic sources telling us tonight it calls for about $300 billion in tax breaks, incentives and other spending offset by equal amount of budget cuts. its being described as a make or break moment for the president. well discuss it along with mitt romneys competing plan which he unveiled today. first jessica yellin. >> reporter: democratic sources in discussions with the white house confirm that $300 billion figure has been ...

incentives and other spending offset by equal amount of budget cuts. its being described as a make or break moment for the president. well discuss it along with mitt romneys competing plan which he unveiled today. first jessica yellin. >> reporter: democratic sources in discussions with the white house confirm that $300 billion figure has been the working figure for the jobs package for at least a week now. it would mean as you say 300 billion in both spending and then cuts. the white ...

endangering the lives of civilians who could be caught in the crossphile. jurlists, three being held after five days at the tripoli hotel. cnns chaunce was one of them. steve jobs will step down. jobs is on his third medical leave of absence. he didnt mention his health problems directly but he said the time has come to resign. portions of the u.s. east coast are likely to be under a hurricane watch in just a few hours. hurricane irene is tearing through the bahamas right now with su...

lesbians. >> thats all i can tell is that im not judging. >> youre not judging -- >> im running for the presidency of the united states. >> shes not answering questions about her views on sexual orientation. which is strange, because the congresswoman has never been shy on the issue before. she sponsored an amendment banning same sex marriage. she spoke out sharply against homosexuali homosexuality. >> its part of satan, i think, to say this is gay. its anything but gay. if youre invol...

"sister wives" says four wives and 16 children is none of the governments business. their new lawsuit tests this question. is polygamy somehow protected by a constitutional right to privacy? plus late word the governments credit rating could be downgraded because of the stalemate in negotiations over spending cuts and raising the debt ceiling. that warning from moodys came hours after the fed chairman gave his take on the consequences of not letting the government borrow more money. >>...

Its even classified in some areas. >> the j35 fighter program, one of the pentagons biggest ticket items, apparently the computer, storing some of the information about the planning for that fighter jet were broken into. thats pretty scary. >> cant really touch on too much of that. but youre right. and look at our uav technology. weve known, you know -- weve -- >> the jon: the unmanned aerial vehicle the, the predator and so forth. >> the predator, when these are i.p. addressable systems, both f...

To be in trouble. in the polls, in this district, you ask people what are the three most important issues. debt, job, medicare. if you had had that poll a year ago in november in the republican sweep, you would havent had medicare in there. its an issue up there equal with all the others. its result of the ryan plan. moral is, dem rogry works, especially obentitlement. you shouldnt, if you want to be a republican in the race, and the republican are hitched to the ryan plan, you better be able to...