to shut down the stock exchange. they also plan to take over the subways, the brooklyn bridge, and even the doorstep of city hall. there s a heavy police presence right there out in the streets, as a you can see. more than 50 people have already been arrested. it s a very fluid situation. tensions running high. meanwhile, on the west coast, as you see, more protests and potential problems. you re looking at live pictures there out of l.a. that is where protesters plan to bring traffic to a halt downtown by occupying a major intersection. we got new information today on the child molestation case against jerry sandusky, coach paterno s right-hand man at penn state. the new york times details a series of incidents over a 12-year period that taken together suggest that university officials knew about sandusky s behavior but kept quiet. also, campus and city police are telling cnn they have no record that mike mcqueary filed a report on sandusky back in 2002. you may recall h
see more than a foot of the white stuff. that s actually especially troubling because the trees are not ready at all for this. the trees, still plenty of leaves on them. you have forecasters saying heavy, wet snow, high winds. those are the perfect ingredients for potentially a large problem with the electric grid. we ll have in-depth coverage of the storm with meteorologist chad myers and jacqui jeras in just a few moments. the florida highway patrol arrested a driver accused of going 120 miles per hour. that driver, a miami police officer. the highway patrol says the miami officer was on his way to a second job when he was pulled over and that he was arrested at gunpoint after ignoring multiple warnings to stop. and wikileaks founder julian assange could learn next week whether he will be extradited to sweden. assange deanalyze the accusations saying they are an attempt to smear him because of his work as head of wikileaks which has published confidential u.s. diplo
the dow finished up thursday, 340 points. this could be the best october in a quarter century. the economy is growing. the gross national product for the third quarter was nearly double the figure from april to june and that s thanks to consumer spending and more business investment. alison kosik will join us in about half an hour for the opening bell, but right now let s talk to global editor at large with reuters. good morning. so, what a difference a day makes. the dow futures are already down this morning and we ve learned that whirlpool is cutting 5,000 jobs in north america and europe. it looks like that big rally from yesterday was not the real turn around we were hoping for. well, i think the rally yesterday was really mostly about europe. and i think the big question that the markets are asking is not so much is everyone going to be fantastic. is there going to be a huge economic rebound in the u.s. and in the world. the question is, is there going to be another di
pressed more than 60,000 children in the service and about two million people have dn displaced by the fighting that is continuing to go on there. you mentioned 100 u.s. troops. can we be more specific about what type of troops? special forces? do you know? we don t have that level of specificity yet but some special forces are included in that mix. but you have logistics and communications, all that is needed to support those troops. in the president s letter they say that they are not going to engage the lower army directly. they are there to gain assistance but, of course, you always have to be prepared if things don t go that way. and the letter does clearly state that if attacked, these troops will be prepared to defend themselves. we re talking about a land locked country here in africa. what sort of dangers might these troops be up against? well, you re talking about a civil war that has been raging there for decades, very experienced fighters in that area. you
41 people now confirmed dead from hurricane irene. this hour vermont is still trying to pull people out of the rushing rivers. i ll speak with several people still trapped there. including a groom got married saturday, hoping to leave on his honeymoon in 48 hours. we ll get a live update pr him. also from fema and the governor of vermont. stay tuned for that. in addition to the wildfires, there s talk about a formation off the coast of the yucatan peninsula. chad myers, who is racing back out here. chad myers, as we re looking at this formation, do we need to be worried? we don t need to be worried at this point in time. although, this may be the nicest tropical storm, i hope, that we ever see ever. you consider what we just showed you, all the pictures in oklahoma, that s really, other than the fire, that s what all of texas looks like. completely tinder ground. if we can get a 40 miles per hour storm over the gulf of mexico and run into louisiana and texas and spread ra