Soledad im soledad obrien, welcome to matter of fact. From new york to california, and everywhere in between, the u. S. Is facing a housing shortage. Its fueled in part by a lack of supply. New numbers show a sharp drop in Affordable Homes on the market. Only about 10 of newlybuilt homes are considered affordable with a price tag under 200,000. 10 years ago that number was 40 . In an effort to provide Affordable Housing options and boost the local economy, many cities are relying on urban renewal policies. But that often targets poor neighborhoods, pushing out the people who live there. Some cities are working to change that. In louisville, kentucky, theres an ambitious 870 million plan to improve the historic russell neighborhood without gentrifying it. Central to that plan is creating mixedIncome Housing. The second installment of our series americas cities russell rising, takes a look at the Housing Project beecher terrace, where the citys objectives will be put to the test with a p
Just general surprise and big news. Yeah, pretty surprising. Im hoping that through the new ownership the quality of the reporting from a business perspective is going to improve. Nikkei issued its first paper in 1876. The Japanese Firm seeks to bolster its Global Economic reporting through the acquisition. It also intends to use the ft groups Customer Base to strengthen its digital operations. Nikkeis chairman tsuneo kita said hes excited about pairing up with the Financial Times. He said both firms share economic values. Well the newspaper industry is suffering from shrinking circulation and advertising revenue. Ramin mellegard joins us from the business desk. Whats behind the planned buyout . A lot of focus, a lot of interest on this story, catherine. Both the nikkei and the ft group really trying to capture new sources of revenue. Media companies have been laying off workers while also pushing their paid online subscriptions as part of their survival strategies. Now, the consumers
The Financial Times is one of the worlds leading economic newspaper. Its circulation was 137,000 last year with 70 of that from online subscriptions. Just general surprise and big news. Yeah, pretty surprising. Im hoping that through the new ownership the quality of the reporting from a business perspective is going to improve. Nikkei issued its first paper in 1876. The Japanese Firm seeks to bolster its Global Economic reporting through the acquisition. It also intends to use the ft groups Customer Base to strengthen its digital operations. Nikkeis chairman tsuneo kita said hes excited about pairing up with the Financial Times. He said both firms share economic values. Well the newspaper industry is suffering from shrinking circulation and advertising revenue. Ramin mellegard joins us from the business desk. Whats behind the planned buyout . A lot of focus, a lot of interest on this story, catherine. Both the nikkei and the ft group really trying to capture new sources of revenue. Med
Mason and how fate brought them together years later in a way no one could imagine. This is the cbs evening news with scott pelley. Mason good evening. Scotts off tonight. Im anthony mason. It is saturday in north korea, a major holiday in the reclusive communist nation, the annivers anniversary of the founder kim ilsnug. And there is concern around the world that his grandson, dictator kim jongun, will use the occasion to flex his military muscle and conduct another nuclear test in defiance of the United States. Ben tracy is in the north korean capital pyongyang. Reporter north korea has already staged four Ballistic Missile tests this year, and despite warnings from the u. S. And china, north koreas vice foreign minister, han songryol, says his country will conduct another nuclear test, its sixth overall. Do you plan to conduct that test in the coming days . translated the nuclear test will take place at a time, at a place, that the supreme leadership deems necessary. Reporter he acc
Empty rod carew today. Mason and how fate brought them together years later in a way no one could imagine. This is the cbs evening news with scott pelley. translated the nuclear test will take place at a time, at a place, that the supreme leadership deems necessary. Reporter he accuses of Trump Administration of provoking a military conflict by sending a navy strike force to the Korean Peninsula and continuing u. S. Exercises in south korea. Do you believe the United States wants to attack north korea . translated if the u. S. Comes up with a dangerous military option, then the first card is in our hands. Well deal with it, with our preemptive strike. This means war. Reporter so youre saying if you feel that north korea is going to be attacked, you will use nuclear weapons. translated , of course. Reporter china, which is north koreas main ally and trading partner, said today that there would be no winners in a war, and both sides should stop threatening each other. North korea says th