kate: alston has had plans to sell their energy business to ge approved.try to convince that that would not lead to higher prices for gas turbines ge. ge.has beeg to turn its focus to industrial roots as it exits the lending business. the major european indices ended their session in the green, up about 0.5% east. they shrugged off a major development in china. the u.s. is closed on monday. glencore saw its shares surge over 12%. the company plans to cut its debt load by $10 billion. glencore, which has been the worst performer on the ftse 100, said it would issue up to $2.5 billion worth of new shares, cut dividends, and sell assets. tesco has sold its south korean business for 6.1 billion dollars. as partisan effort by the company to boost profit, as it increases competition with discount supermarkets. it pulled out of japan because it could not build in a business. toshiba has reported that net profits hit almost ¥38 billion. that is 238 million euros. it was rocked by an accounting scandal that saw president and vice president resign in july after they

. >> jack lynn alston brings her children here two or three times a week. to sprearpt i participate this r reading program. >> when we come in here it's like coming home. no matter how many people you see standing there, the library means something to the people here. >> the national media has seen an image of this neighborhood on months. >> that's right. >> and it's an image of poverty. ists an image of drug use. it's an image of violence. >> yes, all of those things do exist. they don't just exist here. they exist many places. but there's also love here. there's also all of this. my family and families just like ours. and there's a library. this is where we come to see the other side of all of the other things that may be happening. >> for first time this summer, the library has also offered free lunches to children. >> the library felt a need to join other places that are children. there are children who don't have food at home. >> how are these programs setting your son up for success? >> man, it makes it a little easier for me. he's getting nutritious

. >> jack lynn alston brings her children here two or three times a week. to sprearpt i participate this r reading program. >> when we come in here it's like coming home. no matter how many people you see standing there, the library means something to the people here. >> the national media has seen an image of this neighborhood on months. >> that's right. >> and it's an image of poverty. ists an image of drug use. it's an image of violence. >> yes, all of those things do exist. they don't just exist here. they exist many places. but there's also love here. there's also all of this. my family and families just like ours. and there's a library. this is where we come to see the other side of all of the other things that may be happening. >> for first time this summer, the library has also offered free lunches to children. >> the library felt a need to join other places that are children. there are children who don't have food at home. >> how are these programs setting your son up for success? >> man, it makes it a little easier for me. he's getting nutritious

they have gotten the go-ahead to buy their french rival alston. >> there are a few hurdles. they probably have to divest some of their business and sell this business to an italian rival to get the clearance of the european union. but it seems like it may work for general electric, g, which tries to get rid of most of his finance business, to not depend so much on that and focus more on the industry segment, the industrial segment and the energy business seems to be a perfect fit. the stock went up i 4.5%. it was the biggest winner in the dow jones industrial average. >> thanks again from new york there. concerns over china fro weakening economy increasing. china has lowered its official gross to mystic product -- gross domestic product numbers, which was already the lowest and a quarter of a century. the chinese government has promised to take action to strengthen the economy, but international businerter: the en chamber of commerce said it was still optimistic about china fro growth prospects on tuesday. but it also warns that china fro leaders need to move faster in imple

ray: there is no question about it, the shootings we saw, the aransas shooting in north alston southrolina, where walter scott was stunned down by a police officer, shot in the back, the world saw that video. the incident in ferguson and some other high profile events, eric garner here in new york, of theised the specter schism between police and some members of the community. usually communities of color. from my vantage point of being in the police department, being in law enforcement almost 50 years, generally speaking, relations between minority communities and the police are better than they have been in many years. these types of things, that sets it back, no doubt about it. that's kind of where we are now. theas caused hesitancy on part of police to engage where they have engaged in the past. that's one of the reasons you're seeing an increase in murders. about 30 cities in the u.s. are experiencing murder increases. that sort of where we are right now. >> some of the people in urban communities say this is nothing new. it's just now getting attention is a lot more focus on it

we saw general alston's testimony last week and clearly with we were trying to do in syria in terms ofping rebel force, we only have nine fighters is a failure. that is unmistakable. i know the administration is now reconsidering what to do in syria and maybe arming syrian kurds better. also putting together another sunni travel force in syria. we have to take a look at iraq. we put iraq first over syria. i always thought that was a mistake. we know now, i think it is also indisputable that the iraqi forces are not going to take mosul back anytime soon, not going to take ramadi back anytime soon. this whole strategy has to be relooked at in terms of application of resources, our resolve to bring it to completion and what will we do about mr. assad in damascus. martha: we sit back and watch as putin strengthens his hand there. thank you very much, general. always good to see you. >> good talking to you, martha. bill: jenna lee coming up next on "happening now." good morning. what are you cooking up? >> by this time we know wisconsin governor scott walker dropped out of the race for the

line in 2016, its stock up 4.5% and ge finally getting approval from the european commission to buy alston, the french power company. investors like the news, up 3.5%, still pleau its 52-week high and also, today, we want to note that energy has been a group to watch. see a pullback in oil and the energy sector higher today and that's, of course, contributing to today's rally. >> i think the crude low is 4414 so we've come off the low to 45.22, a full update on what's happening with the crude and energy market overall. thanks a lot, mary thompson. ben willis come out of the shadows and step into the light, senior floor trader with princeton securities group. before we had the correction in the market you and i were standing here, ben, and you said we need a correction. i hope we get a correction. it would healthy for market is this a case of be careful what you wish for? >> absolutely, and we've seen a correction in the major indices, if you will. we've seen more than a correction in particularly energy that you were just discussing with marry. >> right. >> so there are opportunities in th

ge's acquisition of alston approved by u.s. and european regulars.s energy business. that stock is up 4%. textron also participating in that industrials rally. i mentioned materials, the second-best performing group. the format whereas best-performing stock. the rebound has been spurred by a couple of different things. one is these cutting back sharply on spendings amidst the slumping commodities. secondly, carl icahn to a stake in the company. the news according to people familiar with this plan say it's explore whether strategy should be going forward, giving at icon involvements. also not hurting matters is the fact that copper is rebounding by 5% after the overnight rally in china. china is a big market for copper. although there was also an interesting note today from goldman sachs that said copper can fall an additional 15% by the end of 2016. that's because of what's been going on was supply growth. demand will be enough to make up for that growth in supply. that outlook, however, is not hurting copper today. i wanted to take a quick look at o