Page 23 - 104 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

i'm erin burnett "outfront" tonight. markets plunged today. 297 points for the dow. the two-day drop, as i indicated, is close to 600. 573 points. it's a big story and we are covering it tonight. but first, we're starting with some breaking developments regarding herman cain. tonight, a report that one of the women who accused herman cain of sexual harassment wants to speak out. "the washington post" getting everyone's attention after posting a quote from the woman's attorney who told the post, "it's very frustrating that herman cain is going around bad-mouthing the two complainant...

and tonight, some camel horn. let's go "outfront." i'm erin burnett "outfront" tonight. markets plunged today. 297 points for the dow. the two-day drop, as i indicated is close to 600. 573 points. it's a big story and we are covering it tonight. but first, we're starting with some breaking developments regarding herman cain. tonight, a report that one of the women who accused herman cain of sexual harassment wants to speak out. "the washington post" getting everyone's attention after posting a quote from the woman's attorney who told the post, "it's very frustrating that herman cai...

There still sell celebrating. we have an eye-opening number for you right now. a week after japan's greatest natural disasters and an ongoing nuclear crisis shattered the country, barclay's has estimated the economic cost of the disaster for japan. and it's a very big number. it's somewhere between $144 billion and $204 billion. that's 12 trillion to 17 trillion yen or between 2.4% and 3.4% of japan's total gdp. >> and pauline, those kinds of numbers mean little to those who hardly have anything left right now. some survivors are trying to pick up what's left of their lives. our brian todd h...

Spending. the other said we need to spend more money to invest in things like high-speed rail and high-speed internet. megyn: president obama said that he will save us $1 trillion over 10 years. >> the cuts are phony. he said, i will save $1 trillion in spending over the next decade. if you take a look at it, the biggest cut is to assume that we'll spend in iraq and afghanistan at certain levels and we're drawing down troops in iraq and afghanistan, so suddenly it saves us $1.1 trillion in war costs and $200 billion in interest. that's how it was going to be anyway. nobody was planning to have...

Concern on this, jennifer? >> reporter: well, the pentagon is concerned, but what they are really concerned about is this surge in chinese military spending in the last 20 years. looks at the numbers. first of all, china may not be able to match the u.s. military in strength, for 10 to 20 years but in the last ten years added 30 submarines to the navy, compared to the u.s. navy which commissioned one submarine during the same time period and the past 20 years china's defense expend tour has gone up 464%, in 1990 -- 1999, spending township $100 billion and u.s. defense expend tour, in 1990, the...