Stuart shake it out. Florence and the machine. Okay, lets move on. Good morning, everybody. Its 10 00 eastern. Straight to the money. Look at this on the markets. Weve got the dow industrials now up just over 100 points and nasdaq down 25. Not that much big Time Movement in stock prices this wednesday morning. The 10year treasury yield, we have it at 4. 22 now. The price of oil, 81 per barrel and gas prices by the way are still going up 90, there you have it. Bitcoin, not moving much, 29,059 per coin. Thats the markets on a wednesday morning. Now this, for 40 years, from 1980 to 2020, china was the marvel of the world. It became the workshop of the world. A stellar performer where hundreds of millions were lifted out of abject poverty. That was the mantra, it is deal. Leave us in power and well make you prosperous. That was the deal. It worked. Now its not working and you have to wonder what happens to the deal. The pandemic was the pivot. A long and near total lockdown was imposed and
One of europes Migration Choke Points is gasping. More than 8000 arriving in lampedusa in just three days this week, more than the whole population of the italian island. The Migrant Centre built to hold 400 was at ten times its capacity congested, chaotic, some trying any futile way to get free. Today, two new arrivals rather more planned. The italian Prime Minister, giorgio meloni, and the eu president , Ursula Von Der Leyen to see for themselves the turmoil at europes door. Italys leader is under pressure, elected with promises to curb migration. Numbers are now double the same period last year. Translation what is at stake here is the future, future that europe wants to set for itself. And it is very important to be able to tackle the huge, massive challenges which lie ahead for us, especially in terms of illegal immigration. The eu president offered more help from the bloc s border force to crack the smugglers and more efforts to distribute migrants across europe, something severa
The record officially police are not saying much about this investigation. For now reporting live in port richmond, Annie Mccormick channel6 action news. Back to you jim. Annie thank you so much. It happened this morning at Fels High School in the summerdale section of philadelphia. Police say a ninth Grade Student was carrying a loaded gun in his backpack and the weapon was discovered as the student tried to go through metal detectors. Live at the school tonight action News Reporter bob brooks. Bob, the student taken into custody. What are police saying about this . Reporter well, jim, still very much still a mystery. Police dont know yet why he brought this gun to school but i can tell you up until this point this teen did not have a criminal record but moving forward he will be charged for bringing the gun to school and according to police he has admitted to stealing this gun. The police rush in in. The samuel Fels High School placed on lockdown. A 15yearold student puts his bag thr
President of the illuminating company. How do you do . Seemotion you are about to is the story of northeast ohio and the part electricity plays in the lives of all of us that live here. I think you will find it a fascinating story. Certainly it concerns a fascinating area. No geographical region of any size anywhere in the world is more abundantly blessed with the ingredients for prosperity and progress then is this 1700 square mile surface of land stretching along the south shore of lake erie to the west. Ohioin northeast possibilities are unlimited. Possibilities which we at the illuminating company have tried to emphasize to bring to the attention of all of america the fact that this is the best location in the nation. This activity is but one expression of the partnership that has existed between the area and the company for more than 75 years. This movie attempt to portray some of the other aspects of that partnership. Northeast ohios electric needs provide many items of equipment
To bring in transportation. We have c 130s coming in. Authorities say that at least 2 Million People are affected in 41 provinces. We will have more from a live report from the ground. In the meantime, lets send it over to andrew. He has this mornings top stories. Good morning, becky. Thauchk. We have some corporate headlines this morning. Avardis is selling its blood testing units for 1. 75 billion. Its a very busy market for health care deals. Also shire has agreed to buy viro viropharma. The deal should boost shires rare disease portfolio. Trans ocean reached an agreement with carl icahn to settle a proxy battle. They will pay a 3 dividend. The activist investor tweeting his response writing in part, quote, great news for transocean and activism today. Joe, over to you, sir. I think he just likes us to say his name. A lot, in any context. Carl icahn in. Yes, pretty much. Icahn, icahn, icahn. In every story, in every headline. Icahn wants to be an icon. He is an icon already. Is that