A big day for news. Thanks for joining us. The president is satisfied with the lack of progress in the latest round of trade negotiations in beijing. Lets go straight add where fox business has learned or on what happened during those meetings and the fallout. Madam president following through with the plan to put everything that china imports under a tariff and United States and this comes after briefing he had why the u. S. Trade meeting. In that trade meeting in shanghai the chinese would not touch. China will not add back in a deals that they are deleted out of that deal to china said they wouldnt put any of that back in and china telling the west just because they dont trust china to protect intellectual property they will not add enforcement language into the meeting but the director from beijing is for all the departments they are to decouple from the reliance on the u. S. China wants to be able to replace items that they need to buy from the u. S. And get them from another sour
He was he was krzyzewski before krzyzewski. Sir Alex Ferguson shares his secrets to successful leadership. Indeed. But we do begin with that biggest tech deal of all time with dell buying data storage and security giant emc for 67 billion. The ceos of both companies on cnbc speaking about what this merger means for them and for investors. But this mega deal also raises questions about who is going to be next. I hope youve been doing some digging and you have some answers for us josh lipton in san francisco. Well, mandy, lets walk through first just how this deal will actually work. So dell will pay 33. 15 a share for emc. Thats cash plus tracking stock linked to emcs interest in vmware. Michael dell will lead the combined company as chairman and chief executive. The deal, which needs approval from em c shareholders expected to close next year. The company will be a powerhouse in the data storage industry. Thats a 36 billion market according to idc. Brent braceland, an analyst at Pacifi
Britain has raised its terror level alert, saying an attack is now likely. We will hear what Prime Minister David Cameron said and have expert reaction. And is the market in for a rough september . Some now wondering if investors will come back from vacation on tuesday and wake up to the global turmoil thats engulfing the world, from the Russia Ukraine mess to the growing Islamic State threat. The stock market has largely ignored it all and continued to make new highs. Can and will that continue next month, again, when everyone is back from the beach . And call this, kelly, game of drones. Google in the drone business in a big way. Is the objective just delivering stuff or is there something bigger at work here . We will explore that all. In the markets right now, the dow is off 11 points, the nasdaqs higher by about 15, the s p 500 is higher by about 3 points. A mixed session, and one, brian, where the s p has been hugging that 2,000 level, frankly, for most of the afternoon. And ive
To intervene with his country right now and that seems to have taken the wind out of the sails. The dow was up 125 points at its peak today, and now up just 27, and the nasdaq has turned negative. The s p 500 in danger of reversing as well. Well keep an eye on that closely. Yesterday we put in the new closing high for the s p 500 at 1848. Today it looks that could be called into question. Of course, the nasdaq, and this, bill, will be the question, was losing some steam even before this round biotech was pulling back. All of that well get into. If 2013 was the year of the activist investor, is 2014 the year theyre overplaying their hand . Theres been pushback against the likes of carl icahn and nelson peltz. Sometimes even blistering public criticism. Now a battle with Darden Restaurants. We will have a special report coming up. Its very, very intriguing. Then a new report that shows employees of the s. E. C. , the securities and exchange commission, you know, the regulator of the stoc
My focus is on the substance, my focus is i think where the American Peoples focus is, what are we doing to provide real relief to the people hurting because of obama care . Unfortunately today the answer is the United States senate and the washington establishment is doing nothing to provide relief for the millions of people hurting because of obama care. The sources tell nbc news the bill is still being written and the senate will vote for first time this afternoon. Kelly odonnell reports a number of republican senators will vote yes to send a signal to House Republicans that the deal will pass and give cover to House Republican leadership so they will not need to provide all of the votes. House republicans are expected to meet in about an hour later today. The deal yields no concessions to republicans and reopens the government through midjanuary and extends the governments ability to borrow through early february. It also locks in reduced spending levels as established under the se