captioning institute --www.ncicap.org--  >>> it's the 1st of october in tokyo. i'm ross mihara with the stories at this hour. >>> u.s. officials are preparing for a shutdown of thousands of federal government services. senators on monday rejected a budget bill one day before the new fiscal year. the republican-led house of representatives made amendments to the budget bill. they included a one-year postponement of the health care year championed by president

i'm gene otani in tokyo. here's a look at some of the stories we're following this hour. >>> the operator of the fukushima daiichi nuclear plant has resumed decontaminating wastewater after fixing the system it uses to reduce radioactive material. >>> bashar al assad promises to comply to see his stockpile of chemical weapons eliminated. >>> in autumn the skies over china are usually a clear blue. but this year, a cloud of pollution is obscuring the view. >>> the operators of fukushima daiichi nuclear plant have resumed the operation of a system used to filter radioactive materials from water. it says human error caused the suspension last week. workers at tepco resumed their test run of the advanced liquid processing system, or alps, designed to eliminate radioactive materials from the water that is accumulating at the plant. they suspended operations on friday. they had just resumed it for the first time in a month and a half. the workers detected a reduction in the flow of contaminated water in a pipe that

i'm raja pradhan in tokyo. here's a look at some of the stories we're following. >>> the five permanent members of the u.n. security council agree on a dra resolution to eliminate syria's chemical weapons. >>> officials at tokyo electric power company have taken a big step to restarting two idle reactors, the same type as those that melted down at fukushima daiichi. glue and relaxing restriction, a major hub of commerce in china hopes to boost foreign investment through free trade. >>> a major breakthrough has been made toward eliminating syria's stockpile of chemical weapons on the sidelines of the u.n. general assembly. the five permanent u.n. security council members have agreed on a draft resolution through a compromise. since the conflict began, three security council draft resolutions on syria have been voted down. nhk world's kunihiro yamamoto has the details. >> reporter: the draft was presented to the security council in a closed-door meeting on thursday night. it could be voted on as soon as friday. >

tokyo's nikkei lost 2%. hong kong's hang seng fell 1.5%. the dow jones industrial ended the week down 192 points at the end of the week. apple's now the world's most valuable brand. according to a company, apple has knocked coca-cola from the top spot for the first time. the report estimates apple's brand value of more than $98 billion. >>> the outspoken owner of the dallas mavericks mark cuban is going to court today for insider trading. cuban is expected to testify in federal court in dallas. he's accused of using inside information to sell stock in a small internet company. prosecutors say he avoided $750,000 in losses. >>> another boost in the race for private commercial space exploration. spacex launched an upgraded version of its falcon 9 rocket from the california air force base yesterday. the rocket placed a canadian weather satellite into orbit. spacex has a contract with nasa to make a dozen unmanned cargo missions to the international space station. it hopes to carry astronauts in several years. >>> and a sequel was the winner ov

tokyo's nikkei is down, hong kong is losing 1.5%. european stocks are faring poorly. the dow stands at 15, 258. the s&p declined, as well president the nasdaq was the only winner last week. investors may be getting nervous. stocks could have a knee jerk reaction. >> this time around, what makes this particularly sensitive is we have a number of con fluences, declining earnings, worries about bernanke, worries about obamacare. i think the market is more skittish than it has been the last couple times we've seen this. the market has more potential to be more violent. >> a long term view is always the best strategy. stocks were quick to recover after the last put somedown. some other business news, twitter is recordly a step closer to its public stock debut. forbes is reporting twitter plans to make its filing this week. twitter hopes to be trading by thanksgiving. the social media company is expected tole valued at up to $15 billion. the company is reported to be leaning towards taking the new york stock exchange over the nasdaq for its trading. >> dallas mavericks owne

tokyo's nikkei lost 2%. hong kong hang seng lost 1.5%. the dow jones industrial dropped 192 points at the end of the week. apple's now the world's most valuable franld. according to a company, apple has knocked coca-cola from the top spot for the first time. the report estimates apple's brand value of more than $98 billion. >>> the outspoken owner of dallas mark cuban is going to court today. prosecutors say he avoided $750,000 in losses. >>> another boost in the race for private commercial space exploration. spacex launched an upgraded version of its rocket from the california air force base. the rocket placed a canadian weather satellite into orbit. spacex has a contract with nasa. it hopes to carry astronauts in several years. >>> and the sequel was the winner over the weekend at the box office. "cloudy with a chance of meat balls 2"er anded $35 million. last week's "prisoners" earn $11 million and "rush" pulled in $10 million. anne-marie? >> i hear good things about "rush." >>> straight ahead, your monday morning weather. and in sport

i'm catherine kobayashi in tokyo. do stay with us. we'll be back with more at the top of the hour.  - coming up, a balanced take on china's security challenges. - we do try to look at the world from beijing's point of view, and we see a very challenging environment for beijing. - columbia's andrew nathan discusses china's security concerns both inside and outside of its borders and how the united states fits in. it's just ahead on "global ethics forum." our speaker is andy nathan, and he's an old friend of the carnegie council, so i'm delighted to welcome him back to this forum. as one of our country's most widely respected china scholars, whenever andy writes or speaks about chinese politics or american policy towards china, his remarks are always worth playing close attention to. today he will be talking about a new book

part of the mishandling that resulted in istanbul, which was the favorite, to lose the olympics to tokyo. >> i don't think so that was the only reason. >> the demonstrations? >> well, the demonstrations -- i mean, you see the demonstration in everywhere. you see it's not changing the life. you see, at the end of the demonstrations, you can see the same kind of demonstrations in london, in washington, in developed countries, so -- >> so as long as they don't use force against the demonstrations -- >> well, well, at the beginning, at the beginning, what we saw there that -- that there were similar problems with the developed countries, where people were -- i mean, they were criticizing some projects and then that the government got the message at the end, you see. but later on, some radical groups hijacked this and definitely, i mean, the police has to protect the life of the others. there were some overreaction, our legal system is going through that. and those, they reacted, the they made a overreaction, they are going to be punished, definitely. >> mr. president, pleasure to have you on

was part of the mishandling that resulted in istanbul which was the favorite to lose the olympics to tokyo. >> i don't think that was the only reason. >> the demonstrations? >> well, demonstrations, i mean, you see the demonstration and it's not changing the life. at the end, the demonstrati demonstrations -- you can see see the same demonstrations in london and washington. >> you don't see as much force used against the demonstrators. >> at the beginning what we saw there, there were similarities. the government got the message at the end. but later on some radical groups hijacked this and definitely the police has to protect the life of the others. there were some overreaction. our legal system is going through that. and those that had overreaction will be punished definitely. >> mr. president, pleasure to have you on. >> up next, how to write a new constitution. the founding fathers would have loved this new online project. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. but it doesn't usually work that way with

tokyo also hosts many international themed food events. whether you want to discover world cooking or japanese cuisine, tokyo truly is a gourmet paradise.

please on the state of cooperation of governments and other major money centers london, singapore, tokyo? how are we doing it ringing them into the approach the treasury has put in place? >> olin did great work for the u.s. government in the u.s. treasury so thank you for your service all in. i think when you think about the international coalition that the treasury built what is interesting about it was coalition is along three lines. one we did with counterparts of the finance ministries in the central banks of the world actually became very important actors including in the financial intelligence space. secondly the banks themselves as we talked about in third the banking sectors. certain countries like switzerland or liechtenstein or luxembourg become more important in those kinds of alliances. it's less about nato and more about the banking sector. one of the successes of this period and it's a constant challenge is having the banking centers sorted in line with u.s. interests and policies. a lot of credit goes to treasury officials john taylor and others who were involved in this s

lifting the trophy in tokyo, how a former wimbledon champion has a lift up the world a former wimbledon champion has a lift up the worla lift up the >>> welcome back to the newshour. a reminder of the top stories on al jazeera. human rights groups say 50 have been killed in protests in sudan. demonstrations spread across the country after fuel sub siddies were removed monday. >> supporters of greek's golden dawn are protesting outh police headquarters in athens, angry at arrests of members and senior members. >> an earthquake hit south-east pakistan. it's the second in a week, 7.2 magnitude, killing 15 people. >> our top headlines story. in the protests in sudan a political analyst, waleed, and is the chairman of the governance bureau, a nongovernmental organization in sudan. welcome to al jazeera. how would you describe what is happening on the streets of sudan? >> i think the government at the beginning tried to reflect - at least in the press conference that the president gave a couple of days ago - he was trying to say it's a budgetary issue. but people are very suspicious of the fa

i'm in tokyo. >>> u.s. president barack obama said he's spoken by phone with his iranian counterpart. they had the first conversation between american and iranian leaders in more than 30 years. >> just now i spoke othe phone with president of the islamic republic of iran. the two of us discussed our ongoing efforts to reach an agreement over iran's nuclear program. >> obama said he promised his country would not develop nuclear

>> ( translated ): in 1964 we hosted the tokyo olympics. back then i was only 10 years old and as a small boy i was really excited because many wonderful athletes from throughout the world are coming to japan and the japanese did a very good job so i was really excited and we were exposed to this olympic spirit and from the following year the japanese younger generation started to go abroad as teachers of gymnastics and other areas in order to have exposure to the global economy and the global community. and in the 2020 olympic games, the olympic spirit is something that we would like to see fully disseminated throughout the world. we are going to have vice president this activity much more than the level of the activity that we had in 1964. sports for tomorrow is the name of the plan that we are going to start implementing. that means we are going to send a greater number of japanese athletes and people to other countries in the world to really convey the wonderful spirit of the olympics and how wonderful the sport is. so first of all we w

>> ( translated ): in 1964 we hosted the tokyo olympics. back then i was only 10 years old and as a small boy i was really excited because many wonderful athletes from throughout the world are coming to japan and the japanese did a very good job so i was really excited and we were exposed to this olympic spirit and from the following year the japanese younger generation started to go abroad as teachers of gymnastics and other areas in order to have exposure to the global economy and the global community. and in the 2020 olympic games, the olympic spirit is something that we would like to see fully disseminated throughout the world. we are going to haha vice president this activity much more than the level of the activity that we had in 1964. sports for tomorrow is the name of the plan that we are going to start implementing. that means we are going to send a greater number of japanese athletes and people to other countries in the world to really convey the wonderful spirit of the olympics and how wonderful the sport is. so first of all we w

come this hour an hour to including why russian journalists furious over the prolonged detention of tokyo for working amid the recent greenpeace protests. the inevitability of blowback and the perverse logic of terrorism ever since the us . acts of terror networks of political. deadly massacre in kenya is a case in point so is washington strategy that is worse than the disease. to build a new. mission to teach me. this is why you should. only. led mission free accreditation free transport charges free. range month free risk free studio time free. download free blog counseling videos for your media projects a free media dog r t v dot com. player . player league player play. legislator. looks. six. players to future to the small technologies the name in aviation is the game russia's latest stealth fighter to take the much. springs innovations new heights and don't look around at night shapeless surfaces come to be updated appear on. the central. place. to. play. the. economic ups and downs in the final month the london deal. shanghai and the rest of life became everything. to. slow down rus

this is just south of tokyo. it tipped over. at least five members of that crew are reported killed. when we last heard the crews, they were searching for a sixth crew mann still missing. maybe at the survived. it's hard to tell. nobody on board that other ship was actually hurt. it's not clear what caused the two vessels to collide in the first place. >> the nsa was tracking your phone records and e-mails. guess what, now we found out 1078 nsa employees were also using the technology to keep track of their lovers. okay, listen up! i'm re-workin' the menu. mayo? corn dogs? you are so outta here! aah! [ female announcer ] the complete balanced nutrition of great-tasting ensure. 24 vitamins and minerals, antioxidants, and 9 grams of protein. [ bottle ] ensure®. nutrition in charge™. ♪ ♪ ♪ [ male announcer ] build anything with the new toyota tundra. toyota. let's go places. >>> welcome back, everyone. the nation's spy agency, you probably already knew could track your e-mails, your phone calls. well, guess what. now we're

i'm gene otani in tokyo. here's a look at some of the stories we're following this hour. >>> the five permanent members of the u.n. security council have agreed on a draft resolution to eliminate syria's chemical weapons. >>> officials at tepco have taken the big step of restarting two idle reactors, the same type as those that melted down at fukushima daiichi. >>> and a bank loaned $2 million to organized crime groups and took steps to rectify the situation for more than two years. >>> a major breek-through has been made on the sidelines of the u.n. general assembly. the five permanent members have agreed ton a draft resolution through a compromise. since the conflict began, three security council draft resolutions on syria have been voted down. nhk world has the details. >> reporter: the draft was presented to the security council in a closed-door meeting on thursday night. it could be voted on as soon as friday. >> it is something which is working very pragmatically and strongly for this effort of the elim

i'm yuko aotani in tokyo. here are some of the stories we're following this hour. >> the five permanent members of the u.n. security council have agreed on a draft resolution demanding that syria eliminate its stockpile of chemical weapons. >>> officials at tokyo electric power company have taken a big step to restarting two idled reactors. the same type as those that melted down at fukushima daiichi. >>> and relaxing restrictions. a major hub of commerce in china hopes to boost foreign investment through free trade. >>> the five permanent members of the u.n. security council have made a breakthrough on syria. their foreign ministers have been negotiating the issue on the sidelines of the u.n. general assembly. they've agreed on the draft restlugs destroy the country's stockpile of chemical weapons. the council is expected to vote on the draft as early as friday. >> we did reach agreement with respect to the resolution. we're now doing the final work on pulling that language together, but it's our hope that th

the collision between the japanese and african ships capsized outside tokyo. >> the 41 nation council will go over the deal to approve the u.s.-russian deal disarming syria's promise on chemical weapons. they worked over the plan behind closed doors. the watchdog group wants inspections of syria's chemical arsenal to begin no longer than tuesday. they now say with extreme confidence the man made global warming extremely likely caused by human. in 2007 report they called it very likely. the international scientist group based the findings on observations since 1950s. the scientists report comes out on monday. >> a dust storm made for tense moments for drivers in the phoenix area. crews closed off a 14-mile stretch of a highway yesterday because of the low visibility and several cars were actually crashed. no word, though if there were any injuries. now, that is not a haboob right, that's a regular old dust storm. >> regular old dust storm. look at the backups. >> i know. >> you can hardly see. whiteout conditions when you have snow or heavyys the scariest when you have to drive through

i'm catherine kobayashi in tokyo. >>> japan's prime minister has stepped into the spotlight at the u.n. general assembly to weigh in on some of the world's most pressing foreign policy challenges. shinzo abe gave his take on the situation in syria and the threat posed by north korea. we have details. >> reporter: like many leaders, prime minister abe took up the prolonged turmoil in syria. he started his speech condemning the chemical weapons attack against civilians in the country. he said the japanese government strongly supports efforts of the international community to destroy the stockpiles of these weapons. abe also promised more humanitarian support for syrians inside and outside of the country. >> translator: i would like to announce that the government of japan will newly provide additional humanitarian assistance to syria and surrounding countries of approximately 60 million u.s. dollars and implemented right away. >> reporter: abe also brought up japan's neighbor, north korea which he said remains as a thre

i'm catherine kobayashi in tokyo. thanks very much for joining us. . . captioning sponsored by macneil/lehrer productions >> woodruff: battle lines hardened over federal spending today, a bill to fund the government looks set to clear the senate, but house speaker john boehner warned his chamber may block it. good evening, i'm judy woodruff. >> ifill: and i'm gwen ifill. also ahead, iran and the u.s. held the highest level face-to- face meetings in more than 30 years, each side reaching out to break the diplomatic ice. >> woodruff: and in film, in journalism, even on the farm, the interns work hard. paul solman reports on the legal debate over whether they should get paid.

i'm catherine kobayashi in tokyo. >>> japan's prime minister has stepped into the spotlight at the u.n. general assembly to weigh in on some of the world's most pressing foreign policy challenges. shinzo abe gave his take on the situation in syria and the threat posed by north korea. we have details. >> reporter: like many leaders, prmi

>> reporter: china collaborations among washington, tokyo, seoul, are critical to pressure pyongyang ahead of propaganda maneuvers. beijing is in the talks to deal with the korean issue is not enough. spence fiing pressure and persuasion on the north using its influences is essential. interestingly, north korea rises up as a nation of refshs to solve the iranian nuclear issue. which creates a contrasting effect between the two nuclear pursuing countries. unlike the iranian president, north korea is flexible regarding their program. kim jong-un is not ready for the agreed upon commitments toward the international community. they hope to be recognized as a defacto nuclear weapon state by the united states. the national security adviser told reporters that north korea developed nuclear arms and conducted tests. simply pyongyang demonstrated through actions that it has made to give up its nuclear weapons program. members of the sixth-party process are more than justified in asking north korea to demonstrate its seriousness about denuclearization. the international community appreciates c

i'm catherine kobayashi in tokyo. thank you very much for joining us. -- captions by vitac -- www.vitac.com >> welcome. this is a place where the

for more let's go to ramin mellegard, who is standing by at the tokyo stock exchange. ramin, how are tokyo stocks starting the day off, given the concerns over in the u.s.? >> a little bit on a cautious side, ai, investors remain a little bit concerned about the events in the u.s. that you were just mentioning. let's have a look at the opening levels for september 26th, and as you can see there both indexes slightly in the negative, we'll see how that continues into the morning session but just to remind you the nikkei did end wednesday in the negative and besides its u.s. debt ceiling problems the weaker dollar trend against the yen was also a factor. we'll see if that continues today as well and that's despite data which showed in the u.s. yesterday on wednesday a bounce in durable goods orders as well as a rise in new home sales, so data is really being pushed to the side there, and we might see a little bit more hesitation here as well. we have seen some profit-taking in some of the key sectors which had gained earlier in the month specifically olympic related shar

day by day here in tokyo. americans and others who live in the northern rockies are already seeing snow and earlier than usual. meteorologist sayaka mori explains in world weather. >> hello there. i want to start off by showing you this pretty picture. this is the rockies. you can see lots of snow piling up on the mountains and actually the coldest air of the so far spilling in from the north lowering temperatures and causing this white stuff. you're expecting about 40 centimeters of snow to fall in the northern rockies into thursday. the cold air is expected to invade toward the southwest as we go into wednesday. los angeles, long beach, not too bad. dropping sharply as we go into wednesday. look at this. only 20 degrees in long beach on wednesday. that's about 15 degrees difference since tuesday. looking more like mid december, actually. in las vegas, 24 on thursday. last time we saw this number was in may. in such conditions, you can easily catch a cold, so please keep yourself warm. now, across the other s

applied materials has aquired tokyo electron in a deal valued at 29 billion dollars. the industry is tackling new obstacles, as consumers move away from pc computers and toward smartphones and tablets. applied materials jumped 7% on the news. south korea's government is nixing plans to buy 60 war jets from boeing. the deal was worth around $8 billion to the jet maker. a spokesman from south korea's defense minstry called boeing's f-15 silent eagle: not stealth enough. instead... the government is said to be considering lockheed martin's f-35a. it's more expensive, but is viewed as more advanced and better able to evade radar. it's also the same war jet ordered by the u.s., japan and israel. carnival cruise is sending out a bit of a finanical sos. following several mishaps at sea that stranded passengers and damaged the company's reputation-- carnival is reporting a drop in passengers booking trips. the company is lowering its 4th quarter earnings prediction. in a statement the company said fourth quarter results will be between a 3-cent loss per share and a 3-cent pro

i'm catherine in tokyo. the president of kenya says the siege in nairobi is over. extremists stormed the complex saturday shooting shoppers and taking hostages. they spent four days hold up inside. security force have defeated them. >>> kenyatta spelled out the attack. 61 civilians were killed including foreigners and six soldiers. about 170 were wounded. he said security forces shot and killed five militants and arrested 11 others. gunfire and explosions rang out from the mall during the siege. several bodies including those of militants are thought to be trap in the rubble. members from al-shabab said they carried out the attack for their country. u.s. president barack obama has opened the door to diplomacy with long standing rivals. he addressed wor leaders at the united nations general asse nhk world nicki reports. this was the president's fourth time to address. he spoke in length about the civil war where the u.n. team confirmed use of chemical weapons. he spoke about how the international community should act together. >> now there must be a strong security

we may want to keep track of tokyo electron. we'll see if the company will benefit from the merger deal you mentioned earlier. moving on to currencies, starting with dollar yen first. the dollar is now at 98.78 to 890 yens the yen. trading in the currency was uncertain overnight. there's uncertainty for the monetary easing program especially after some mixed u.s. economic reports on tuesday. the case home index price rose in july. the conference bought consumer confidence index declined in september. now investors will be looking for more direction from upcoming u.s. data on durable goods later today, and advise gdp on thursday. the euro is under some selling pressure on continued speculations that the europe and central bank may relaunch following comments from an official tuesday. yen is at 133.04 to 10. the current currency is also hurt by data on german business sentiment that came in weaker than market estimates. with the yen standing firm, we may see some selling pressure on japanese exporters. and we'll be keeping track o

i'm catherine in tokyo. the president of kenya says the siege in nairobi is over. extremists stormed the complex saturday shooting shoppers and taking hostages. they spent four days hold up inside. security force have

shares of chip equipment maker applied materials are up after the company announced it would acquire tokyo electron in all-stock valued at $29 billion. this deal combines the world's number one and number three makers of the stuff that makes computer chips. we'll finish off with another chip stock. cypress semiconductor, citing soft handset sells in asia. >> thank you very much. dom mentioned outperformance in housing stocks today, bill. in keeping with that theme, homeownership in this country actually at an 18-year low. the question is whether that's a bad thing. we'll get former congressman barney frank's take on that coming up. >> also, should blackberry shareholders take the money and run? or should they hold out for a better off than $9 a share? we have both sides of that debate coming up next. much more on the "closing bell." >>> welcome back on a day when the dow and s&p 500 are in the red again. bob pisani joins us with a look at what's happened. >> four days on a row down on the s&p 500. i was kind of disappointed with the action at the close. dow jones traded in a fairly narrow

chip equipment manufacturer applied materials is going to buy tokyo electron in an all-share deal that would create a global powerhouse. it would be the biggest-ever foreign takeover of a japanese firm. of course, based in silicon valley. shares of applied materials moving higher by more than a dollar. the fascinating move for this company, and the stock has taken off over the past year, up over 50%. live exclusively in the next hour, we had been joined by applied materials' executive chairman mike splinter. so the ceo, gary dickerson, he's in tokyo for the big announcement, but mike splinter will give us the interview. we'll ask about the melding of the two cultures of the to company and this huge bet on mobile chips and displays for all kinds of displays. back to breaking news on sac capital, charlie gasparino what do you have for us? okay, sorry about that, charlie's not quite ready, so let's get to the floor show as we're waiting for more news on that. we have nicole petallides on the floor of the new york stock exchange. let me go to teddy at the new york stock exchange at the mom

same access to internet and information that somebody, a rich person in new york or in paris or in tokyo. >> rose: access to the same information. >> and this i think will have a tremendous impact positive impact in our productivity and our development. >> rose: and in the education of your citizens. >> absolutely. >> rose: that would be a transformational kind of thing. >> you can imagine people i had an experience with-- a person who-- . >> rose: at m.i.t.. >> media lab at m.i.t. we did an experiment. we sent a very remote town very small town that didn't even have a satellite or television. and we gave a small computer to each kid and sent some teachers there. i had to build a military antenna. and he and i went about two months later. and it was amazing scenario. the kids took over the town. and the parents were behind the kids asking the kids temp me this, teach me that. it was a great experice. and that's where i got the idea of connecting the whole of the country with broadband. >> rose: it's an interesting story. in my home town a small town in north carolina you know they have a

same access to internet and information that somebody, a rich person in new york or in paris or in tokyo. >> rose: access to the same information. >> and this i think will have a tremendous impact, positive impact in our productivity and our development. >> rose: and in the education of your citizens. >> absolutely. >> rose: that would be a transformational kind of thing. >> you can imagine, people, i had an experience with-- a person who-- . >> rose: at m.i.t.. >> media lab at m.i.t. we did an experiment. we sent a very remote town, very small town that didn't even have a satellite or television. and we gave a small computer to each kid and sent some teachers there. i had to build a military antenna. and he and i went about two months later. and it was amazing scenario. the kids took over the town. and the parents were behind the kids, asking the kids temp me this, teach me that. it was a great experience. and that's where i got the idea of connecting the whole of the country with broadband. >> rose: it's an interesting story. in my home town, a small town in north carolina, you know, t

the dow jones is off by 14 but also, a merge with tokyo electron and shares. up. >> chrysler could be back to the stock market. to move forward with an ipo. the number of shares and the price have not been determined. it has to be approved by the securities and exchange commission. >> let this take a quick look outside. this mount tam cam. . (music) >> drivers in the state will now have to watch how close they are to bicyclists. governor jerry brown signed legislation requiring drivers to stay at least three feet away when passing bicyclists. the measure states if drivers cannot leave enough space. they must slow down and pass only when it does not endanger the cyclist's safety. the new law goes into effect next september. its also important to note that bicyclists are subject to the *same rules and regulations as drivers on the roads. >> daniel farajifar: how bout a law that requires cyclist to stick to right side of the lane? or ride single file. this is ridiculous. >> that echoes what a lot of peole are saying on the kron 4 facebook page on these new bicycl

that company is entering into a merger of equals, essentially with tokyo electron of japan. applied materials holders will own 68% of the combined companies, but they're splitting the board of directors, splitting the ceo. but it is an interesting deal. it lab roughly $29 billion market value, if you will, when you combine both. we're not talking about a big premium, 3.25 shares of applied materials for each share of tokyo electron. but again, 68.32 but structured as an moe, meaning a merger of equals and incorporated in, get this, the netherlands. why? the tax rate will come down from as much as 22% right now over time to 17%. big synergies here. very interesting, when you get to the heart of this, jim, you've got an industry in which there are more suppliers than customers. when you think about that. so that would argue for consolidation amongst the suppliers. while these two companies delivered a similar customers, they don't deliver the same products those customers so they do believe they'll be able to attain a great deal of synergy in the deal itself. they're talking a

i'm keito kitagawa in tokyo. here is a look at some of the stories we're following this hour. world leaders gaered in new york for the u.n. general assembly focused on the civil war in syria. >>> apple stores to pick up the new iphone shattering sales records. >>> and owning a car may be a goal for many people in china, but that appears to conflict with the capital's efforts to combat congestion. >>> world leaders are set to discuss a range of international crises as they meet in new york for the united nations general assembly. it could end up being one of their most meaningful gathering in decades. the civil war in syria will be at the top of the agenda. leaders from 193 member states are scheduled to attend when the annual general debate opens later on tuesday. they're expected to discuss the use of chemical weapons in syria. many believe government forces used poison gas last month to kill hundreds of civilians in a suburb of damascus. u.s. president barack obama wanted to bypass the u.n. and carry out punitive strikes on the regime of syrian president bashar al assad. now