Took breaking out of the prison. Their path through the tunnel system. Crawling on a tailpipe squeezing through a steam paper. Taking only 20 minutes. And out of control. The Good Samaritan who stopped a woman swerving wildly on the highway, putting everyone on the road in danger. Stop the car the entire incident caught on camera. How he finally got her to pull over. And good morning, america. We begin with the breaking news as we come on the air in the west. Wall street plunging this morning. The dow falling more than 1,000 points in early trading. Those fears about dhiens economy, quickly spreading all around the world. Abs chief business and economics it correspondent Rebecca Jarvis with the latest. Itch been speaking to those on the stocks floor and they are surprised how brutal it is for stocks. Its down 580 points at one point it was down 1,000 points. What is going on . Two things, fears of an economic slowdown and Federal Reserve on the verge of hiking Interest Rates for the Fi
With us. Philippe before sharing one of her daughters video blogs. Philippe showcasing the bubbly personality so many came to love and cherish. she was incredibly funny, very witty, very smart you know, very typical of an 8. 5 year old. Philippe madyson was found dead in a recycling bin at a parking garage at her housing complex, where she lived with her mother and a community of artists. A 15yearold boy charged with her murder. Philippe the focus on this day though on maddys life. Her father watching from the stands as artists who knew maddy praise the little girl who loved pretzels, popcorn and had a thing for howling like a wolf. everydays a gift and everyday that we have we need to treasure. the takeaway should not be about evil the takeaway should be about love and really caring about our community and keeping them close to us. Philippe maddys birthday is october 5th. And, today, the mayor of santa cruz proclaimed that Madyson Middleton day moving forward. Live in santa cruz, phil
i like to thank everybody for their support and love if though she is not with us physically she will always be with us phillipe she then showed us a video blog and shot as the personnel that many came to love and cherish showed us she was very funny and windy witty and very smart phillipe a month ago she was found dead in a dumpster in her apartment complex with a 15 yearold boy charged as her murderer the focus today was on her life, as artists praised the little girl who loved pretzels, popcorn, and had a habit of holding like you bothhowling like a wolf the focus is not on evil but on love and how a community can be brought together phillipe that day is now proclaimed as Madison Middleton day vicki a 69yearold man has died following a hanggliding accident in San Franciscos Golden Gate National recreational area. The National Park service says the accident occurred this afternoon. Immediately after takeoff. And may have involved a mechanical failure. Park police and Fire Department
And why wall street is headed south. Reporter the dow jones plummeted again at the opening bell, dropping more than 1,000 points in the first few minute of trading. For me, it felt like the crash of 87. The sell off continued last weeks tumble on wall street, the dow plunged 530 points friday, its worse session in four years. And the markets worse week since 2011. Fears of chinas economic slowdown are shaking investors, stocks fell across asia monday morning, which chinas main index tumbling 8. 5 . It biggest one day lost in eight years. This is a repricing of the global stock market. Adding to the slide is the plunging price of oil. Prices fell below 40 a barrel, for the First Time Since 2009. The Stock Exchange is prepared to halt trading, for 15 minute, to if the sp and 500 falls 7 . Wall street is now in whats called a correction, fall of 10 or more, from its high. Corrections are natural in a bull market. Most analysts say this one was long overdue. Longterm im still bullish. I st
The white house after two weeks vacationing on marthas vineyard. He travels later today to nevada where he will deliver a speech on green energy. Those are some of our top stories on this monday, august 24. From abc news, this is world news now. Good morning to you. Weather. Still extremely dangerous wildfire situation in Washington State. Across that state, 16 large wildfires are still burning. They cover more than 2920 square miles, more than a third of that area has been consumed by a massive complex of fires. Abcs Kendis Gibson is there. Reporter tonight, the wildfires in washington growing to a staggering 374 square miles. Authorities fearing the return of extremely dry conditions and no rain in sight could make fighting these fires more difficult. The atmosphere instability has the potential to affect all fires in the comrix. Reporter thousands of residents under evacuation orders. Mark desdier rushing to save his lake house at the height of the fires, caught in a firestorm. Inst