billionaire wang (jean - lin) jianlin says his (doll - ee - un) dalian wanda group is buying wanda group is un) dalian his (doll - ee - lin) jianlin says wang (jean - billionaire industry. american movie chunk of the china's richest 3 china's richest man is buying another big chunk of the american movie industry. billionaire wang (jean - lin) jianlin says his (doll - ee - un) dalian wanda group is buying legendary entertainment... the hollywood studio's behind "jurassic world." c - n - n's matt rivers takes a look at china's rapidly growing film industry. 3 a brutal interrogation3 a prisoner crying out during china's 1940's civil war. not far awaya grieving wife ..cries for her fallen husband. down the steps from hera platoon of soldiers marches into battleand just execution during the qing dynasty.(matt rivers, reporter) "we are one of 30 movie sets going on right now in china's largest movie ststio mplex. it's in a city called hengdian and while all of these might be costumes, the sets might be fake, the movie industry here in china is very very real and it is growing."3 the sprawling

billionaire "wang says his dalian wanda group is acquiring legendary entertainment. the hollywood studio's recent hits include "jurassic world." says the deal will allow greater distribution of international his company already owns amc theaters, the second largest theater chain in the us. this kind of reach could help introduce chinese made films to a audience. "if you want to need to make people like your movies. made films don't generate enough interest in america to be shown there. for that to happen, chinese movies will have to find ways american audiences." beijing only allows a limited number of foreign films in each year. last year - the foreign flicks grossed about two-and-a-half billion u-s dollars. but of the box office top ten... only three came from overseas. a starbucks employee brews up new coffee creations for their "secret menu" to celebrate the day of romance. tony aguilar posted pictures of three new frappuccinos online. the first is "the valentine frappuccino". it was strawberries and cream with raspberry at the bottom... vanilla and blackberry an

indictments. 3 china's wealthiest man is buying the hollywood studio, legendary entertainment.the dalian wanda group made the purchase.he'll pay three- point- five billion dollars for the studio.legendary's recent box office hits include "jurassic world" and "interstellar."the company bought the cinema chain a- m- c in 20- 12.it is the world's largest cinema chain operator and also produces movies in china. 3 the next time medicaid patients in new york city need a lift to the doctor.. they may end up in the back of a lyft car.national med trans network is booking 25- hundred rides through the ride share service.it arranges non- emergency medical transportatio n.this is lyft's first step into the medical world.. which has the potential to be a huge industry for ride- hailing companies. 3 do you think your cell is ringing or vibrating when it's not? then you may have what's called "phantom it's not physically painful. but it's a little troubling that we are so attached to our technology. 3 (:14) i'll feel something, i'll check it and it's not (:16)(:27) "because we're so in touch with our cell p

the "dalian wanda" group owned by billionaire "wang jianlin" made the announcement yesterday. wang says he is paying $3.5 billion for the studio. legendary's recent box office hits include "jurassic world" and "interstellar." wang also bought the cinema chain "amc" in 2012. it's the world's largest movie chain operator and also produces movies in china. >>> crysty: still to come, america's love of coffee is reaching a new level. it's some festive frappucinos perfect for a february holiday. main and gervais. >> jonathan: 6:54 on your wednesday morning. it will be cold as you wake up. clear skies for us and clear skies will hang around for the rest of the day and much of the rest of the week. we are awaiting rain chances to pick up friday but over the next 24 to 48 hours nothing coming our way, not even much cloud cover much less rain or snow. still sticking with snow around the great lakes. for us chilly but a nice warm upcoming toward the end of the week. >> crysty: all right, thank you, jonathan. outside, but here's something that may warm your heart -- valentine's day is jus

wang jianlin / chairman, dalian wanda) "i do not only use the word 'not' but have to stress 'absolutely not.' in fact, there will not be a hard landing at all for china's economy. the main reason is there is a vast demand for the service industry china's economy grew six-point- nine percent, just short of the government's target rate of 7- percent. for decades, the country's growth rate was measured in double-digits. with the problems in china, many are wondering the impact it will have on the u-s and global economies. paul couch from city national bank is here with more. china and the impact it's having on the u.s. and global economies 1. many of our viewers have expressed concern for their 401ks and other investments because of the recent volatility in the stock market. how big of an impact does the turmoil in china and the big drop in oil prices affect our economy in the us? 2. what should investors do now when they are seeing a drop in their balances? 3. what are the best investment expressed concern for their 401ks and other investments because of the recent volatility in the stock