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coastguard. it is only one line but it is sufficient for them to put it out and they have not been doing that to the course of the last few days so i suspect that is significant, but the detail also is very significant and certainly it is pushing back, normally when they talk to us and update us they give themselves more time to actually analyse what they have actually found. absolutely right and we have been waiting for this information all morning essentially. this urgent search has been going on for a few days now. every day the coastguard has been updating reporters and the press in the afternoon, but this particular press conference is going to be crucial because they will hopefully release more details on what those rovs remote operated vehicles have indeed discovered near the site of the titanic. i want to bring it our reporter carl because he has been here for a few days following all of this. you are at the press conference yesterday as well. they were really looking
He will join us in just a few minutes. Tylers down at the nyse. But first, breaking news. John harwood, it concerns russia. John joins us from washington. John . Sue, the white house and european union, as they signaled at last weeks nato meeting, have Just Announced deepened sanctions on the natural, energy and defense sectors on russia over the crisis in ukraine. They did that despite the ceasefire agreement that has a Peace Process under way. They indicated that if the Peace Process progresses, those sanctions can be rolled back. But russia has reacted instantly and said that this shows a lack of faith and an undermining of the Peace Process by the United States and the european union, but the United States and its allies believe they need to move forward with these. Of course, the president s got his hands full all over the world including in ukraine where whatever process is going on right now, they have not gotten the russians and the prorussian separatists to stand down in ukrai
Jumping. Wait until you see whats happening on the ground in iowa. Meanwhile, though we begin with the markets and those 1 gains or thereabouts. Lets get the trading action. Bob is live at the new york stock exchange, Bertha Coombs following the movers at nasdaq. Bob, you go first. Another big story on the floor today is avon. Whats going on with that one . We just had a wild morning here. This post was filled with almost 100 traders. They have halted three times on whats called a volatility halt. That is for unusual trading action. Apparently there was an erroneous and false report that they may have had a takeover offer. Now, were trying to sort all of this out. Again, it appears that it was erroneous and false but the important thing is that three times the stock was halted. The company did not make a clear statement down here so absent that, it couldnt be halted because the company had a statement to make. It could only be halted because we had circumstance breakers kick in as a re
The City of Bristol, Tennessee says it is working to improve connectivity.Work is underway on what the city is calling a pedestrian improvement project.Crews ar