The battle for French Company alstom is heating up. The biggestuld be tugofwar for a french Industrial Company ever. Matt campbell broke the story. Who has the upper hand between siemens and ge . It seems ge is ahead of the curve. Good morning. On the merits, you are right, ge is more advanced. They made a binding offer. It is something that has been in the works for weeks, if not months. Coming up with something that is much more informal and would need more time to become very serious. Now, that said, there is a degree of political pressure in france of in favor of at least seen this siemens offer considered, which would be a socalled european solution, which might be more acceptable to some portions of the government. Over the last 24 hours we have seen the government backing off of its initial support for siemens. They seem to be walking that back. The smart money would be on ge getting this done one way or another but it would be a bumpy ride. Why is the french government backing
Buylie ergen failed to sprint. Barclays millions in fees. Shares of tiffanys are falling in the premarket, posting fourthquarter profit that missed estimates and the earnings outlook came up short. Vladimir putin has cleared the russia,crimea to join causing tensions at the highest levels we have seen since the cold war. Ryan chilcote is live in brussels where leaders are meeting. Is this a done deal crimea is part of russia . It is a done deal. Signednt Vladimir Putin la, crimeants and voi is part of russia. This is the first expansion of its territory since the collapse of the soviet union in 1991. It is the First Official or semi official expansion because someone say there have been land grabs. You, and thet ukrainians will not put crimea on their map of russia. It feels like an oldfashioned territory grab, but perhaps there is more than that. There are rational reasons as to why Vladimir Putin wanted crimea. The naval port is one, given porthe has that warm water. Are there other
John legere is said to be the leading candidate to become ceo of the combined company if sprint takes over tmobile. That is according to a person with knowledge of the matter. Sprint has been meeting with banks to make debt arrangements for a bit and is expected in june or july. More on this coming up. There is currently a ground stop at Los Angeles International airport due to computer issues. No word on what the issues are. Arriving flights can still land, but all departures are being held on the ground. The lax twitter accounts as there is no estimate of when this will be fixed. Fcc chairman tom wheeler said he has proposed rules to create internet fast lanes will not gut net neutrality. He promised to use every power at his disposal if somebody tries to divide the internet into haves and havenots, after wheeler says he does not believe there is enough competition between broadband providers. The lead story, move fast with stable infrastructure. Facebook is trying to become an even
Hampshire will join us. We will speak about much after the eric cantor resignation. And of course, washington focus on baghdad. Lets get to Jonathan Ferro with our morning brief. Heres the news from overnight, Chinas Central Bank extended the reserve requirement cut to Industrial Bank co and another bank, trying to support Economic Growth without unleashing stimulus. A. M. , empire 8 30 manufacturing. 10 00 a. M. , Housing Market index. No big earnings but here are two items. Rates lighting at the tomb of the unknown soldier wreath laying at the tomb of the unknown soldier. Ghana versus usa, i feel like americans are starting to love soccer. They are not caring about the American Team but they are watching the better teams, that is good news. Ghana give us some trouble before. 2006, a tough group for you guys. It is a better team now. Juergen klinsmann, the german coach of the American Soccer Team that tells you a lot already he has basically given this year up. Saying if we make it ou
Microsoft. The company is in talks of buying the maker of the raft. Ive videogame minec my kids love it. President obama is set to set out his strategy to attack islamic militants in an address this evening. Kerry went toohn iraq in an unannounced visit. Nearly two thirds of americans think it is in the nations interest to confront Islamic State. I want to bring in White House Correspondent phil mattingly. Speech comes one year to the date at the president gave a primetime address on possible airstrikes in syria and he failed in that effort. So, what is different this time around it is a total around . It is a total aboutface. Will of the the United States citizens to have a more active engagement from the u. S. Is up nine point. What we have seen since june with the Islamic State advances in iraq, with the murder of the u. S. Journalist has galvanized support. What you will hear from the president is to lay out how they will address that, and you need to keep a close eye on what membe