Economic outlook grow. The two biggest drivers, strength in germany and france. Things are up slightly this morning in european trading. But there has been some interesting calls on this. And well talk more about what jim cramer had to say about europe a little bit later in the show too. An update from our colleagues in london in a few minutes. Jimmy saying europe is back. And thats a big story for u. S. Stocks. Corporate news, the former jpmorgan trader known as the london whale and regulators reached an agreement to avoid criminal prosecution. But two are expected to be charged as soon as today. The s. E. C. Is said to be in settlement talks with jpmorgan over disclosures of the trading losses. Number of activist investors in the news today. Lets start with carl icahn. Hes taking a large position in apple and says the stock could be worth as much as 700 a share. If ceo tim cook pushed for a larger stock buyback. In the tweet yesterday, icahn announced he has spoken to the apple boss,
Boeing 737 max 8 planes flying in the us despite being banned from most international airspace. Rob the faas defending that decision. Never going to work, is it . Jillian mitt romney gets roasted on his birthday. Rob the gift that keeps on giving. Fox and friends first continues right now. Jillian i cant read it. Rob that used to be cool. Good morning, you are watching fox and friends first on wednesday morning. Jillian a little food in the last hour. Thanks for joining us. The mastermind behind the College Admission scandal pleads guilty to accepting millions in bribes from parents trying to get their kids into elite schools. Rob two high profile parent in hot water, actresses Felicity Huffman and Lori Laughlin. Jillian todd pyro joins us with the latest. Reporter this is all anyone is talking about, bigtime schools targeted, yale, stanford, university of texas, usc, ucla to name a few. The fbi describing it as a sham that strikes at the core of the College Admissions process, the big
fugitive s name is dan becky, go-getter. another user using the name of felicity huffman s husband s show against her saying shameless and there are a bunch of opinions pouring in as well. donald on twitter pointing out there are highly intelligent kids who can t afford to go to college the don t come from wealthy homes. deanna saying another parenting exposed, so much for teaching honesty, perseverance and aspects. another person on twitter saying lori laughlin s scams, do not belong in the same sentence. aunt becky would never. she is expected to turn herself in, her husband released on $1 million bond yesterday. todd: hollywood going after her, rob lowe with a tweet. after the scandal broke he took to twitter saying this. very proud of my honest
america s fight against the h1n1 flu virus.how much will it cost and will the efforts actually slow the spread of the virus? plus.today marks a new fiscal year for the u-s government.will it be a fresh start or just another year mired in debt and bad financial decisions. and small business lender c-i-t group on the brink of bankruptcy.the impact the company s fall could have on thousands of businesses. ...it s ahead on this edition of first business. and we ve been saying did all week long important week for the overall market not the and traditionally but this is partly been the worst month or stocks but not this year ending sept. a loss of economic data to find out what we saw in the summertime is able to continue to recover at least initially manufacture and seemed to step public a little bit. on thursday federal reserve chairman dan becky his to capitol hill for her testimony on how of federal government s plan to overhaul the u.s. financial system and he s also expected