On nbc 10 news at 4 00. And tonight weve spoken to the mother of the 7yearold who actually saw the crash happen. Nbc 10s Denise Nakano has more live from north philadelphia. Denise . Reporter well, jacqueline and jim, she tells me she was standing across the street just steps away from her son when he was struck. Investigators believe this was a tragic accident. She believes the driver is partially to blame. He was a fun loving person. He was always happy. Reporter patricia stone says the final moments of her sons life flashed in front of her as she witnessed the accident that killed him. He was running to me, the car hit him twice. He was stuck under the car. Reporter the 7yearold was on his way home from school, walking steps behind his sisters just after 4 00. He was struck by a car on north 15th street near erie avenue as he walked from between two parked cars. Choking back tears, a witness who asked not to be identified said he tried to help but it was too late. I heard the tire s
Hello, this is todays worldwide exchange, im ross westgate. Im kelly evans. These are your headlines from around the world. Shares of stocks fall after the french bank swings to an alltime low. The ceo says hes optimistic. Im confident we will show a further market share gain. Heineken shares pop after the giant raises its outlook. And peugeot rolls out its recovery plan. And the first 30year bond in years. The test of Market Sentiment ahead of the election. And president obama uses his state of the union speech to urge congress to end the battle over the budget and Work Together to boost the u. S. Economy and help the middle class. Together we have cleared away the rubble of crisis. We can say with renewed confidence that the state of our union is strong. There we go. Who doesnt love to kick off a wednesday morning with the iea Monthly Oil Report . They have lowered their Oil Demand Growth expectations on weaker gdp forecasts. Demand growth, 840,000 barrels a day in 2013. Theyve cut t
Diamonte says he thinks it is not the solution. It allows the Banking System to be safer and contribute to such information. But you cant really ask a Financial Institution or the system to be the driver of changes. The french finance minister hints back at criticism that france is not doing enough to revamp its economy in an exclusive interview with cnbc. For those who like to say all the time that france is not performing, france is moving, and it is because france is moving that i hope the recovery will be strong, solid and long lasting. And the nikkei newspaper sources say Larry Summers will be named the next fed chairman as early as next week. The reports help push the green back broadly high every against most currencies. Good morning, everyone. Youre watching a brand new edition of worldwide exchange. Ross westgate is out today. You get me today. This is whats coming up on todays show. Weve got a fantastic show for you. Our next guest warns the facebook disaster could still hurt
Advertisements. Uncertainty about whether or not the offers are real. Wed like to help cut through that. To get people to take advantage of that. Which would be another housing upside for the economy. Tensecond surprise . Hoimts do yw many times do y the word uncertainty . Theyre screaming there are opportunities in the markets. Its when people are certain that you have to be fearful. I think were far from seeing certainty. Youre still bullish . Bullish as anything. Doug, richard, thank you. Steve, michelle, thank you. Thank you. Chicago tomorrow. We also have bob ruben tomorrow. Squawk on the street begins right now. Good wednesday morning. Welcome to squawk on the street. Im melissa lee, with Carl Quintanilla with jim cramer and david faber at the New York Stock Exchange. The day after the s p and nasdaq posted their second best days of the year. We looking at a higher open, pretty much across the board. Actually, they just turned. Were looking down open here, 59 points on the dow. D
Welcome back. Time for the last word. Jim chanos is our guest today. We started out talking about china. Why dont we end up there, too . Avoid anything with the chinese property markets, steel, cement, iron ore. Can you short australia too, jim . Certain parts of australia are going to feel this, not the whole country. This is the bubble is just being blown bigger and bigger and bigger and it is hard to avoid. Three years ago this was somewhat controversial but when a property bubble is visual, you cant miss it. Emerging markets somewhat dependent on china, too . Asia . Depends. Some are. Some less so than others. To be on your radar screen. Should just be careful, anything dependent upon the chinese economic miracle, i would be careful of. Bigger shorts on, stuff we have been talking about for years . Broadening out from china to construction equipment, things like that. Jim, thank you very much for being here in studio. Always a pleasure. Andrew, jeremy siegel, thank you guys so much