year are being replaced. i think a very geopolitical issue, russia and the sanctions are probably a preimminent one. french president hollande scrambling to avoid a new crisis with the new proreform government amid criticism that his economic policy res quote/unquote absurd. and amazon outmaneuvering google and yahoo!. the $1 billion deal being its largest acquisition to date. you re watching worldwide exchange, bringing you business news from around the globe. hi, everybody. good morning. glass you re with us. we have a lot to talk about over the next few hours. ukraine s president poroshenko has called for elections to happen at the end of october. the announcement was largely expected after the government coalition collapsed back in july. the ukrainian leader saying he hopes the vote will clear out the old guard. meanwhile, fighting continues around downtsk. the ukrainian army said it intercepted ten tanks and two armored vehicles disguised as rebel forces. mosco
a considerable time. for nassular setback up on commerciallaunch program. commercial space launch program. , theseconds after launch commercial rocket exploded. we did lose hardware. we lost quite a bit of research hardware, which we will work with the different providers to get those back to the space station. spacex is also used by nasa. spending will increase next year by as much as 70%. here is the chief operating officer. the investments we are making our long-term. these are large and strategic investments. the payoff will take time, but we believe they will provide a necessary foundation. nowacebook said that mobile is back up again. the french drugmaker fantasy has ed its drone the maker the world series is all coming down to a decisive game seven. the kansas city royals scored seven runs in the second inning and went on to beat the san francisco giants 10-0. game seven is tonight in kansas city. the giants hope to win their third world series in the last five
for the new world? we love the canadians and rbc has been great. intell me what is going on the u.s. particularly with the stock market. we had this great run and everybody is concerned we are down about two percent year to date, which is really just noise. the real story is that corporate rockets are coming in really strongly during earnings season, the beats are coming in about 2.5%, and it is all on the margin line, and that is a real surprise for people. i think it is actually a very bullish call or a list signal that profits are up. we have two big companies reporting, procter and gamble 121 versus 120, you had kimberly-clark coming up, they beat analysts estimates. but as he said, sales lower, profit higher, what do you think? expansion of multiple that will lead this market higher? this year in a 2014 will be very different than last year. it is the earnings story that will come through. when a lot of who have been concerned about is the budget, they cannot go