proposal that my sources tell me will have specifics in a way his critics have been calling for. so according to my sources it will be actual legislation. that is real detail. until the package will be new initiatives not a rehash of the policies we ve been hearing him promoting recently like patent reform or an infrastructure bank. my sources say there ll be proposals in three main categories, targeted tax cuts, another big one for the white house is new infrastructure investment, and then long-term help for the unemployed. i should point out this is all being worked out right now. it will continue to be hashed out over the president s vacation. the president is meeting with his top economic advisors tomorrow. i ll told it will come up there. already some republican leaders have issued warning shots saying this package should not include any new spending. the president says it will. sounds like we should brace for a fight. so david gather begin, last night on the program y
he s running for reelection. he s sago owe i m saying he s got a lot of explaining to do about the economy if that s what he s out talking about. i don t think the folks in iowa are going to be real excited about unemployment rate where it is and the number of americans who are out of work. this president has been an ab jekt failure when it comes to the economy. republican candidate michele bachmann s bus will be in dpreenville and spartanburg, south carolina, today. today is the national day of action. latino groups will protest the immigration policies. he s been criticized for the number of undocumented immigrants 1:30 eastern in boston. 2:00 eastern in charlotte and 3:00 eastern in miami. now on to san francisco. bart says the trains are running on normal schedules again. transit officials closed and reopened several downtown stations yesterday to keep protests from getting out of hand. protestors are calling attention to several shootings involving bart polic
found dead. sean ward said andy coulson hacked into phones. police are not treating the death as suspicious. a u.s. official says a meeting between the u.s. and libya at the weekend was meant to deliver one message, that moammar gadhafi must go. libya called the face-to-face talks in tunisia a first step. the u.s. says the meeting was a one-off event. the women s world cup team soaked up the limelight after bringing japan its first cup title. japan s the first asian nation with a world cup championship. those are the headlines. auto jane verjee at cnn in london. world business today starts now. a very good afternoon to you from cnn hong kong, i m alicia tank. good morning from cnn london. you re watching world business today. time to testify, news corp boss rupert murdoch, his son james and ex-news international chief rebekah brooks will prepare to face british legislators. two giants of tech as ibm powers ahead but cisco loses its way. and banks lead the los
believe that it would have a happy ending. now syria is a much, much different picture. tonight, i ll take a close look at where the arab spring went wrong as the threat of outright war hangs over a region, that at least for a moment thought change was coming. more in just a moment. but, first, a look at the other stories that we re covering tonight. mitt romney made it official. he s running for president but with sarah palin s bus tour in new hampshire, will anybody notice? and today the only muslim in congress made a vow. the world will not forget for liberty and justice and for the people of syria. earlier he had urged the world to go into libya. where do we draw the line. then moammar gadhafi and goldman sachs, a marriage made in heaven or in hell? i ll ask matt what happened when libya s dictator mate the deal kings of wall street. syria and the story that we ve been closely following over the past few nights. the 13-year-old boy who was tortured and murdered. his
going to fall and put an incredible amount of preltz on the world market. from the top to the bottom. when there s no news, people go and search for some. thank you so much. talking about that e-mail sent by that london-based trader. bond deals are soaring as we said before. that s on the back of speculation that we could see a form of debt default or restructuring from greece. and that trader sending that e-mail will be questioned by interpol as joe was just saying. i want to tell you about a short list right now that most businesses would love to be on. the forbes global 2000 list of the world east biggest most pow earlful companies. the rankings are based on the positive indicators including sales, profits, assets, and market value. at the top this year is jpmorgan chase. the financial holding company is worth $180 billion and employs year any a quarter of a million