Industry is running so fast that this city is running out of spots to berth the ships a new global deal is getting closer. The final text is expected to be released within hours. The French Foreign minister says he is home for an agreement. This comes after years of tough negotiations. Nations first agreed to cut Greenhouse Gas emissions in 1997. Thats when the kioto protocol was signed in japan, but the u. S. Didnt support it and developing nations were exempt. They claimed they didnt contribute to global warming, even though china and india were amongst the biggest emitters. By 2009 many felt a new agreement was needed, but the copenhagen failed to bring results. A binding climate treaty was not to be signed. In lemar leaders there agreed on plain for voluntary targets to reduce emissions. Back to paris now and we will cross over to our environment editor nick clerk who is following developments from there. Tell us how close we are to that deal and to that announcement. Reporter pret
The board after having run up 60 year to date on the major biotechs. S p 500 down 20 points. 1. 25 . The market clearly worried about the debt ceiling, now nine days away according to the treasury. Joining us now, he finishes out his final trades on the floor. Peter shift, the stock market is worried. Youre not worried. I think the stock market is going down because it needs correction. I dont think its panging because of the debt ceiling or the shutdown. However, the resolution to phony crisis may be the end of it but that doesnt mean it caused it. The main reason is the debt ceiling. The president danlt wont to pay our bills. Hes pretending the debt ceiling is the fiscally responsible dhoing when its the most reckless thing to do. Kenny, let me kick this up with you in terms of the market reaction. We heard the president talk for more than an hour. The market was steady and ten minutes before the close, what happening . This gridlock in washington is going persist and the market is g
See you late. General electric selling Home Appliance unit to Swedens Electrolux for over 3 billion in cash. First, big news from twitter on a potential new revenue stream. Julia boorstin joins us from los angeles with breaking news. Good morning. Good morning. Twitter is announcing a test of its buy now but allow users to buy products directly from a tweet, first big move into ecommerce. The idea to make mobile shopping quick and easy. So say renan can tweet a photo of the tour tshirt and say, buy now. Twitter saves the credit card information and shipping address, saying everything is encrypted and not shared without permission. There are products in price points of all kinds and offers of all kinds that work across the platform. Its not a flash sale platform. Certainly things will work better. Again the temporal nature of twitter makes relatioal time in wheelhouse. Twitter working with 19 partners. A number of artists including emin eminem, pharrell and rihanna. The Company Plans to
Review after a pair of Security Breaches. The New York Times report officials are considering checkpoints several blocks away to screen visitors and tourists and conduct bag checks. Secret service is facing strong criticism after a man jaumpd ninefoot high fence on friday and then entered an unlocked door to the white house. President obama and his family were not home and the guard took the man into custody. The alleged intruder has been identified as 42 year Omar Gonzalez who was an iraq war vet. Family members say gonzalez has been living out of a truck for the last few years, suffers from ptsd. Hes expected in court today. Then less than 24 hours later another man was arrested for pulling his car into a screening area and refusing to leave. Officials say the secret service is trying to determine why attack dogs were not used when it became clear a man jumped the fence or why the front door of the white house wasnt locked. Peter king is demanding a full investigation calling the Sec
Arnold the globe. Fbi is warning of terrorist action after a Senate Report on torture. Bar a starr has more on these disturbing allegations. The brutality is shocking. The report reveals at least five detainees were subjected to what it calls rectal feeding. Interrogation procedures that went on for months. At least one detainee died from hypothermia. Stripped naked, diapered, physically struck and put in various painful stress positions for long periods of time. They were deprived of sleep for days. In one case, up to 180 hours. Reporter one detainee had his lunch purr rayed and poured into his rectum. He eventually attempted to cut his wrists, chew into his arm and cut a vein in his foot. Much of the informing kept from president george w. Bushs own secretary of state. There are cia records stating that cololilin powell wasnt t about the program at first because there were concerns that, and i quote, powell would blow his stack if he were briefed. A former top cia official says some