After the bell. Well tell you what to expect and live analysis when the earnings are released. Meantime, the Republican National Convention Officially under way in cleveland right now. We are live on the ground there with the latest developments. Plus, mr. Trump senior trade adviser on why he believes free trade failed the United States. Remember this one . We have new developments in the story about a Hedge Fund Portfolio manager fired after throwing a big hamptons party. The Hedge Fund Manager is speaking out saying theres a lot more to the story and hell tell us what it is after the bell today. All right. Japans softbank buying uk based apple supplier arm holdings. David farber, david, has the story for us right now. I do. Thats right. Arm. I want to hear about the Hedge Fund Guy and ill wait for that. But as for this deal, of course, many people actually not expected it. They werent waiting for a deal of this type. Arm holdings, bill and kelly, not necessarily thought of as a conso
Yuck it is on the way. That means its going to give us some trouble on the roads. We will have more on that in this busy hour. Meanwhile, we start with a shot across the bow of American Parents saving for college. Sue, fill us in bl. Thats indeed the case, and it is a big shocker for a lot of people out there. President obama proposing major changes to those 529 College Savings plans. John harwood is in washington to explain why and get to him in just a moment. First we get to sharon eperson with some of the details on that. Hi, sue. The changes are of interest of millions of families whose College Savings strategy could be affected. The 529 plans, both College Savings plans and prepaid tuition plans, have grown sharply in the past decade. There are over 12 million accounts in circulation with an estimated 240 billion in total assets at the end of last were. Thats according to strategic insight. Now, about seven million families have 529 plans, and they find the most attractive for thi
bigger than if he was unsuccessful. thank god he was unsuccessful. the biggest fweer is when they get their hands on a dirty bomb or nuclear weapon or anything. but you kind of wonder whether someone like this guy is going to be able to would i be wire up a small nuclear device. i m just saying that that is going to be logistically mosh difficult when you can t dshg you know, get a couple of alarm clocks hooked up. no. he wasn t a physicist. no, probably not. let s just hope that, you know, there are so many loan wolfs so. and we have many, many targets hear in the u.s. ubs posting stronger than expected first quarter profit in its strong efts report since the financial crisis started. the french strategist ceo says his strategy to regain clients trust may be starting to work. bp is continuing to fight the giant oil spill in the gulf of mexico. the energy giant says it s going to try and contain the crude with a massive dumb dome structure we saw yesterday. it s o
deadly fire, a 5-year-old is dead after an apartment fire in riverdale. the boy s 7-year-old brother is critically injured. president kennedy died at 1:00 p.m. central standard time. 2:00 eastern standard time. some 38 minutes ago. the man known as one of the most trusted men in america has died. walter cronkite was 92. and nice weekend ahead, it starts with a lower temperature. and lower humidity as well. good morning and welcome to the 6:00 edition of news4 today, it is saturday july 18, i m eun yang. we re going to take a look at the forecast with steve villanueva up in the storm center for us. we re starting out with sunshine for us and it looks like a petty day, with mostly sunny skies and temperatures climbing to the mid 80s. and low humidity on top of that. the humidity we had yesterday is long gone. 68 now, 67 at dulles. 63 down the road in culpepper. again, we re heading into the mid 80s today. dew points once again are quite low, just like last weekend,