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That's considerably less than a half of what the american president gets paid for a salary, but unofficially being president of russia pays very, very, very well. let me put it this way. you know that clothing company zara? yeah, me neither. but there's a clothing company called zara, closely held by a spanish guy that's considered to be maybe this generation's world retail genius. apparently part of the magic is not that he owns the whole company but owns it all the way down the supply chains. i don't necessarily understand all that stuff but that's made him, according to forbes annual rankin...

13, 14, 15, 16, how long is this going to go on, how many years, that starts to add up over time. being president of russia pays $136,000 a year. that's considerably less than a half of what the american president gets paid for a salary, but unofficially being president of russia pays very, very, very well. let me put it this way. you know that clothing company zara? yeah, me neither. but there's a clothing company called zara, closely held by a spanish guy that's considered to be maybe this generation's world retail genius. apparently part of the magic is not that he owns the whole company bu...

Have already evacuated. another 200,000 are expected to evacuate today. they are saying that people need to not play meteorologists themselves and they need to not try to guess where this hurricane is going. they need to pack up and leave for their safety and safety of their loved ones. john and christine. >> stephanie in south carolina. stay with cnn throughout the morning. we will have continuing coverage of hurricane matthew. 8:00 will have another briefing from the national hurricane center. we will bring that to you. rick scott, the governor of florida, will brief in the 8:00 a.m. the c...

Beers. mergers are track for a record yesterday. yesterday, the biggest merger in the tech. dell bought emc for $67 billion. we are just hours away from the cnn democratic presidential debate. "new day" picks it up now. >> it has arrived. the very first democratic presidential debate tonight. >> if you are going to run for president, then you should represent all the people of the united states. >> let's not try to demonize people. >> we have to define. >> i am unbought. >> they feel strongly where we are going as a country. >> it is not about the words. >> i will fight. >> join in the polit...

Can a business have a spirit? can a business have a soul? can a business be...alive? 41 past the hour. let's turn to business now. a lot going on in the markets this morning. gold hit a seven-year high today, bolstered by a weaker dollar and expectations that the fed will postpone a rate hike beyond this year. meanwhile, dell formally announced this morning that it has agreed to buy network storage company emc for approximately $67 billion. it's being called the largest technology merger ever. let's bring in the assistant managing editor for "fortune" magazine, lee gallagher, "fortune" magaz...