Promises. Privatization and a more open economy five years ago that was chinese president xi jinping his plan for economic reform. More free market less state control many hope that would mean the breakup of state owned companies. Opening the door to more private businesses. Allowing the currency to float and a fight against corruption. But five years on many are disappointing. And there have been some successes in recent years chinas leadership is again promoting economic nationalism. The countrys huge state owned enterprises are once again determining the communist party strategy. Thats true of Many Private Companies too. And the yuan is largely back under the control of chinas central bank. Foreign companies are also dismayed at beijings about turn xi jinping punished greater access to chinas market the promise that hasnt always materialized in many cases foreigners can only manufacture and market products in the peoples republic with the Chinese Business partner at their side and t
Clinton ally to the wife of fbi agent who helped oversee the investigation into clintons server. Thousands of soldiers paid bonuses to go fight for our country. Now many of those same men and women are being ordered to pay that money back dow is higher. We have phil flynn of price futures, fox business contributor out there in chicago. Well check in with phil in a moment. Lori roth on floor of new york stock exchange. A little i guess we still call it merger monday, right, lori . Merger monday, dealflow friday, whatever you want to call it was a busy one. Dow is up 77 on deals. Let me highlight a couple of biggies we came to work hearing about. Two airlines suppliers, Rockwell Collins paying 2 per share for be aerospace, a company that designs airline interiors. Rockwell collins will assume 1. 9 billion in debt. In a whole another industry, Discount Online brokerage industry, you have Td Ameritrade buying privately held scottrade. This is valued at 4 billion. It will cost 4,000 existin
Long we were in the 60s and now we just touched the 59degree mark at Tampa International. Look at the dew points in the mid 40s. Is it dry out there. 48 in crystal river. 52 in leesburg. A couple of lower 60s along the coast. Enjoy this beautiful, gorgeous, refreshing weather. Back up to 75, maybe 76 degrees for a high temp this afternoon. Vanessa . Vanessa were watching a new report of a hit and run crash separate incidents by f. H. P. Right now but we dont know if eventually well learn if these are maybe related or one incident. This is happening at southbound 75 and clark road. So far no lane blocks reported but it might be the possibility of a big scene. Please use some caution. Good news, not seeing any delays quite yet. Well watch this. In case you missed it, were watching minor lane blocks at this point due to police situation. Take special care in the eastbound direction. We have a single lane thats blocked. Russell thank you. Its 7. 02. Well start this hour with signs of progr
Good afternoon, in the news, tighter security in federal buildings nationwide. The reason for the measures this week. And the nurse at the center of the ebola debate. What she says about her quarantine. And the big story is a rocket disaster. Searchers are looking for debris after a ship exploded in front of a horrified crowd. Students from ocean city were among those that witnessed the blast. They were watching the launch because the ship was suppose to carry their science experiments to the International Space station along with thousands of supplies for nasa. Karen travers as more now. Reporter the investigation is underway for what caused this fiery rocket failure. The massive launch from virginia, an explosion happened and a selfdestruct button was pushed and then an explosion. The rocket and cargo valued at 2 million erupted into a massive ball of flames. There was no injuries and all we lost was hardware. We have plenty of work to do for orbit and plenty of supplies to keep them
Is all three leaders of the three main opposition parties. Came absolutely at the last minute. The talks are supposed to be starting now and the announcement was only made half an hour ago that these Opposition Leaders had finally decided they would attend. Earlier in the day they were saying they were not going to. They will transmit from the protesters and to the president. It will transmit their demands and also appeal to the president for any kind of two avoid any forceful activity in the square. For thisare big plans weekend. What can you tell us echo those plans may change if these talks prove fruitful. The opposition has been calling , another of dignity absolutely massive demonstration to take place on sunday. They are saying it is the last chance to do this before the president meets with Vladimir Putin on tuesday. The fear is that there might be a deal with russia on tuesday. They are reportedly coming to and the droves supporters of the government are also voicing their view