Congressional leaders as leaders in the Senate Continue to try and hammer something out. We just found out minutes ago the meeting that was scheduled for right now has been postponed. Lets get to john harwood whos there at the white house with the very latest. I guess the way were reading this is, theyre making progress. Lets give them time to continue that, right . Reporter necessity want to get all four leaders, reid, mcconnell, pelosi and the president in a room to move forward. What i learned from a leadership aide is the likely contents of that deal. One would be a reopening of the government with a Government Spending bill that would last to january. That is more in line with what democrats have wanted. They want a shorter deal so they can negotiate higher spending levels in talks with the republicans. Higher shortterm spending in return for higher entitlement cuts. The debt limit increase would go to february. That is shorter than democrats had wanted. Republicans wanted a short
Promising to create 1000 jobs if the countries leaders back his offer, support his offer for the company. For more on this thread, we are joined by International Correspondent hans nichols. Jeffrey immelt is turning on the charm in france, right . I do not know if you will be served when he sits down in a cafe in paris, but he is doing a the frenchnvincing government this might be in their interest. It has dominated news here and discussion. One of the reasons his bid might be improved is he has made this promise for 1000 jobs, 1000 industrial jobs, betty. You have to look at this in the context of the recent european elections. President aland president Francois Hollandes party was obliterated. They need a victory. They need to show progress. The jobs in the ge takeover of the Energy Business could be a way to show progress. There will because be backlash because of an American Company coming in, but a colleague of mine went into a small town where the happens to and he talked to all
In fiveyear notes and well be watching the price of gold today as well. The precious metal dropping 2 yesterday. That was the worst day in six weeks. You can see right now its trading at 1,264. 70 an ounce. Andrew, over to you. Thank you, becky. Welcome back. We have corporate news, tech news, talking about re code. General electric Ceo Jeff Immelt is in france, meeting with president hollande, also with the countrys economic minister to discuss ges bid for alstom. An official in hollandes office says ge has improved its offer for the french train and turbine maker. The comments could suggest a change. This could be a change for the first time for the french government which until now has been critical of ges bid. We will see where all of that heads. In other european news, this morning, the uks fraud office launched a formal criminal investigation into Glaxo Smithkline amid claims of foreign bribery. The Company Faces claims in china and four other countries. Weve talked about this be
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