valid dating the thesis that we started the business three years ago for door dash, to empower local economies and serve tens and thousands and hundreds and thousands of restaurants in every city. we've been doing that now in 24 major metro areas and we're very excited about the momentum we've built. >> i think of it like an airline. new airline comes in and starts offering lower fares and you've got -- they are going to offer free for a while. you don't offer free. there's a little upcharge for the food which i totally understand why. you have to pay your drivers, right, got to make a profit. they are taking a loss on every burger that gets delivered. >> not to mention they come with millions and millions of built-in subscribers, right, to amazon prime, not yet, just in san francisco and other cities but eventually. how do you compete? >> one of the beauties of silicon valley, there's never been a company that does everything. that's the premise upon which many startups have been founded. some have become large companies like facebook or google. the same could be said for door dash, built wit

so if you talk about regulation stifling local economies and taking money out of your pocket, as a presidential candidate you should know about this issue with the metropolitan water district and why it is costing hundreds of millions dollars more than a shed and why the money will come out of the pockets of the constituents. cap the economic issue, the economic argument much more personal. there's a much greater economic connection. that is what barack obama did in 2008 and 2012. he learned about this fabulous organization, the fabulous network of people across the country. when they were talking about issues like the economy and making government work better, they would get their ambassadors to talk about this. these are the types of things i'm going to fix when i become president. that's one of the reasons why people have such an emotional connection to vote for barack obama in 2008 and wives sustained for 2012. >> states you have picked them up that are all essentially must win for the republicans. florida, wisconsiwisconsi n, ohio, colorado. >> of course, republicans have a won wisconsin a

i am trying to read localized that for our economy.ying to keep it here and keep it healthy. enough foodto grow to feed our community. right now loma -- now, we're operating programs. that program provides. you need a green economy. that is not transported 1500 miles. we need local energy and you not -- and you're not addicted to other powers. you become responsible. you take responsibility. we did a study a couple of years ago that a portion of our people spend a quarter of their economy on energy. a lot of the work is how to be local. how to great intellectual property. it will ensure you have a local economy. and we began to look at wind. we have wind on our reservation. we start working on it in 2003. weft put up about five. ♪ someone down the road asked how did you do that. we have the foundation and a crane and we put it up. they asked if we could help them. ♪ >> t main thing the drives these women his passion and commitment to the earth. they love to get their fingers into it. they love to make a difference. th love toork from a

when an arizona family rents out a room, that money stays in arizona and becomes part of the local economy> don't they take tax revenue like hotels? >> it depends on the locality whether they are taking that tax revenue or losing the tax revenue. marriott is based in maryland. when you get a marriott room, it doesn't stay in san francisco. >> they are making a gamble they'll make more money people spending money in the local economy. >> only down side that tends to shrink the housing available. it's all short term rentals. >>> 5:49. the museum for george lucas' movie memorabilia might end up on treasure island. looking at san francisco again after a plan to bring the museum to chicago fell through. you'll recall lucas wanted to build the museum in the presidio but came up against too much opposition. the project is far from assured. oakland and los angeles reportedly interested in building the museum in their city. this will be the second time queen bee performed at the venue this year. the first one was memorable during the super bowl halftime show with coldplay. she added another stop at

that's how much money those visitors pumped into the local economy.that breaks down to $28.5 million every single day. independence national historical park saw more than 4 million visitors. the money they spent while here supported nearly 4,000 jobs. visit philly says there are plenty of attractions sprinkled in throughout the year to keep people coming back and experiencing something new. >> all those people go to an attraction, attend around event, eat in a restaurant, shop in our shops and they help improve the quality of life for philadelphia, everybody whoiveless and works here. >> this summer will be a busy one. not only is the dnc expected to draw in 50,000 people but the wawa welcome america fourth of july celebration is expected to host crowds of nearly 500,000. once you take all of that into consideration, very easy to see how they're already anticipating that we're going to surpass last year's visitors and we'll have to wait and see by how much. reporting live at independence mall, pamela osborne, nbc 10 news. >>> meanwhile back to the blu

the quakes have dealt a blow to the local economies. a farmer who's been growing rice for 50 years had to give up planting rice seedlings this year due to damaged irrigation channels and foot paths between paddies. a company that produces equipment for automakers has suspended operations because the quakes damaged its facilities. >> translator: i want to restart business by seeking help from lenders and local authorities. >> its relocation costs will be about $3 million. that's 1.5 times its annual sales. >>> the top military officer has indicated he will help promote democracy under the new civilian government. he argues they want to strengthen and advance demockization. they haven't been completed. he express appreciation. although he's moved to civilian rule, the military still holds strong political power. a quarter of the seats in parliament are reserved for its personnel. she holds dual posts. >> translator: i said japan will assist myanmar and its new government to develop democratly and other ways. i also shared the hope that ja

. >>> and the earthquakes are impacting the local economy. gene otani has the details. >>> many companies have us is spended operations due to the earthquake. the prefecture's labor office has received more than 5700 requests from people who have lost their jobs. >>> factories of a food producer that made soybean products have been damaged. the company had not been able to fix all the production lines. the ceiling of a tofu factory collapsed. it's unclear if production can resume because the manpower shortage is holding up repairs. another food maker that has been producing pickles for half a century restarted production by hand. the workers say the company's factory was heavily damaged due to the danger of collapse. the company started receiving orders for the products and they have begun making their products by hand in another building. >>> mitsubishi electric resumed partial operation. workers were seen arriving at the facility in the morning. the company had suspended the plant's operations after the strong earthquake on april 14th. the

it has been vitalizing the local economy. >> further more, the stronger yen is hurting profits of major exporters. toyota motor executives say they are operating profit for the years for next march will fall by more than 40%. >> reporter: they will raise tax from 8% to 10 and people are wondering where prime minister abe will change his mind based on the latest data. nhk world, tokyo. >> all right. let's see what is happening on the markets. just to recap, on wall street stock prices fell. that was after recent gains. investors were weighing out the possibility of a federal reserve rate hike following some strong data over in the u.s. the dow jones falling 1%. tech heavy nasdaq down 1.25% on the day. let's see what's happening here in tokyo. ramin joins us with the latest. lots to take in today especially with japan's gdp. what are you seeing? a lot of data to take in. you mentioned the gdp. it also seems like good news for the economy is bad news for the markets. the fed may be readjusting its time line with regards to raising of interest rates. we saw increase in industrial production

there are fears this could have a significantfect on the local economy as corporate production is falling and many trips to the area have been cancelled. dampened consumer sentiment has already led to sluggish spending. >>> now let's check in on markets to see what is happening. u.s. stock prices ended slightly lower following a drop in oil prices and disappointing data in europe. what happened on wall street was the dow jones fell eight points and overall on the tech heavy nasdaq we saw a loss of three points on the day. we're going to see what is happening on tokyo markets and we'll go to ramine. >> it follows minutes from the april meeting. a lot playing into the markets. let's look how the nikkei and topix is topping off. the nikkei ended down half a percent due to a firmer yen. they took in the surplus as well as verbal disagreements following the g 7. another negative is the slump in iron or prices which hit ten-week lows. australia or for delivery to china for example was down $3 a ton or around 5.4% rising u.s. dollar also weighing on commodity prices. a strong dollar makes commod

it has dampened inbound consumption that has vitalized the local economy. furthermorore, the stronger yens hurting profits of majoror exporters. toyota motor executives say they are operating profits for the year through next march will fall by more than 40%. uncertainty in the country's economy prevails. the government is planning to raise the consumption tax from the current 8% to 10% next april, and people are wondering whether the prime minister shinzo abe will change his mind based on the latest data. >>> checking the markets. tokyo share prices end the day flat after japan's gdp data set off a volatile trading session. for the details we go to our business reporter at the tokyo stock exchange. phoebe. >> there have been a mixed reaction to japan's gdp data from january to march. the gross figure of 1.7% was much betterr than expectedd but analysts say there are concerns as to whether the japanese economy can continue the momentum. let's look at the closing levels on this wednesday, may the 18th. the nikkei 225 finished at 16,644. topix rose 1,338. crud

it's because of the amount of money that comes into your local economy because of those visitors.poke to our friends over at visit philly. they tell us that last year, 39 million people came to the city of philadelphia. it's a huge number but not as big as this. $10 billion. that's how much money those visitors pumped into our economy. $28.5 million every single day. independence national historical park saw more than 4 million visitors which supported nearly 4,000 jobs. and this year, we're expected to see even more visitors than that. >> a lot of times like during the papal visit, people realize what a great city this is, they may never have been here before and decide to come back. so one great thing about philadelphia is that people come here and whether they know it or not, they fall in love with it. >> they're kicking off the tourism season. this is going to be a busy summer here. not only is the dnc expected to draw in 50,000 people but the wawa welcome america fourth of july celebration are expecting crowds near 500,000 people. easy to see how we're expected to see more vi

authorities fear the local economy will take a big hit due to the toll on businesses and tourism. a senior official in japan's ruling liberal democratic party is calling on the prime minister to postpone the proposed consumption tax rate. the geneneral council chairman says shinzo abe should delay the hike two years. the government plans to raise the tax next april from 8% to 10. she says the cooling global warm and earthquakes in the southwest have created critical situation. >>> the diets of people in emerging countries are changing. they're eating more bread and meat. that is a business opportunity for many. but the rise of western foods also presents challenges. and as this next report shows, they are issues that could affect all of us in the years to come. >> reporter: indonesia, a nation hungry for growth with 250 million mouths to feed. rice is the staple food here. often three times a day. but for how much longer? incomes are swelling and the national diet is diversifying. young people especially hunger for western-ized food. the favorites include bread with sea foods and

, ibutho coal, who declined to comment on this story, touted jobs as a majojor benefit to the localal economyhen the mine comes in. but according to the community,, the mine has not consulted them, or even told them where they will be forced to relocate to. for more than 100 years, the hluhluwe-imfolozi park has been a sanctuary for rhinos and many other endangered animals. it i is a place that inspireres visitors, communities, and conservationists all over the world. to lose this area in a coal mining operation is unacceptable to dr. player. >> the people, they say, "it's impossible, you can't defeat these big mining comompanies." and we said, "no, you can." but you've got to know that what you are doing is absolutely right. if you know that, then the rest is strategy and tactics. >> this is jeffrey barbee reporting from the hluhluwe-imfolozi park in south africa for link tv. >> in ecuador's highlands, indigenous communities figight foreign gold mining companies in an effort to save something even more precious than gold to them: their water. constantino de miguel reports. >> ecuador is a so

on magnets, but they want what's nothing as mag-lift trains to start running earlier to boost local economies. the government is considering offering the operator low-interest loans from the the loan practice many to speeds up work on the line. total construction costs will add up to 82 million. the program is designed to help private businesses undertake large-scale high-risk projects. the government plans to include the new proposals in a basic economic and fiscal policy. it wants the cabinet to approve the policy later this month, but government officials will need to negotiate the deal with j. railroad tokai. the company insisting it finance all construction costs by itself. >>> u.s. stock prices ended higher following a rebound in crude oil prices and strong housing data. the dow jones industrial average rising 1.2%, the tech-heavy nasdaq jumping 2%, that's the strongest gain in three months. >>> let's see what is happening in tokyo this morning. for that we'll go he to remi mellegard. good morning. what are you seeing? >> good morning, ai. we definitely could see gains in the energy sec

if you can't talk about regulation stifling local economies and taking money out of your pocket, youshould know about this issue with the metropolitan water district and why it's costing them hundreds of millions of dollars more than it should and by the money will come directly out of the pockets of the issuance. talk about that. that makes the economic issue, and economic argument much more personal. it's a much greater economic connection. that is for barack obama did in 2008 and 2012. he learned about communities to the fabulous organization, fabulous network of people across the country. when they talk about issues like the economy and the governor worked better. the ambassadors talk about this and say these types of things i'm going to fix when i become president. that's one of the reasons why people have such an emotional connection to barack obama in 2008 and why it's the same for 2012. >> host: stacy picked him up that here are all must wins for republicans when the president the, florida, wisconsin, ohio, colorado. why wisconsin a special case? >> is interesting because rep

so if you're going to come in and talk about regulations stifling local economies and taking money outof your pocket as a presidential candidate, you should know about this, about this issue with the metropolitan water district and why it's costing them hundreds of millions of dollars more than it should and why that money's going to come directly out of the pockets of the constituents there. if you talk about that, that makes the economic issue, the economic argument much more personal. there's a much greater economic connection. now, that's what barack obama did in 2008 and 2012. he learned about these communities through this fabulous organization, this fabulous network of people that he rolled out across the country. and so when they were talking about issues like the economy and talking about issues like making government work better, they would look to these local issues, they would get their ambassadors to talk about this and say these are the types of things that i'm going to fix when i become president. and that's the reason -- one of the reasons, not the only reason, but it's

regattas and the fees rowing clubs pay the city bring in an estimated $50 million annually to the local economythout rowing the clubs will go and with them, a philadelphia tradition. >> i guess i'm praying for rain until the money comes through. >> reporter: we're told the army corps engineers and the local congressional delegation are on board with the dredging. it's just a matter of coming up with the money. and frankly for the core right now other projects are higher priority. they'll be meeting later on this week to try to find some way to get the dredging done. on boathouse row, i'm sarah bloomquist, channel6 "action news. >> the officials in delaware dedicated a new monument thine this afternoon honor hundreds of former patients of the delaware state hospital. governor jack markell and other officials unveiled the new historical marker at the hospital's spiral cemetery in new castle. the monument features the names of more than 750 people who are buried here between 1891 and 1983. now committee has spent the last few months cleaning up and restoring this landmark. >> bradford is back. hop

. >> reporter: the project developers, however, did promise the campus would revitalize the local economy. >> the campus was envisioned as an opportunity, a chance to kind of move a kind of devastated community out of that mill background, more into a technological future that would be an investment and a growth opportunity. >> reporter: the campus now employs more than 1,000 people, nothing close to the 20,000 jobs on and off campus, murdock's real estate company predicted. and most employees, highly trained in their fields, come in from out of town. take a quick walk around kannapolis, and you see empty stores and hear disappointment. >> i don't see where it's helped a lot. >> reporter: the owner of the breakfastime diner says the research campus hasn't come close to replacing the mill. >> the mill used to do catering orders every single day of 1,500, 2,500 orders. then, it just disappeared. and we thought the whole bio campus was going to benefit everybody, but it's been a slow process. >> reporter: the week we visited kannapolis, researchers said they were closing in on a possible bre

as betty yu reports, sales of ping pong tables can reflect the local economy. >> reporter: it's a must have amenity at any sillicon valley startup or big name tech company. the ping pong table. a symbol of the millennial workplace. many of the big companies buy them at billiard wholesale in san jose. >> cisco and google and twitter buying a lot. they are regular customers. they always buy it when they either expanding or just replacing the old tables. >> reporter: but the owner noticed that twitter stopped coming in at the beginning of last year. at the same time, its user growth slowed. >> definitely concerned a little bit. yeah, everybody is talking about tech bubble a pull-back in the stock. >> reporter: billiard wholesale says that big tech companies always go for top of the line ping pong tables like this one at $2,500 each. in the 1st quarter of this year, sales fell 50% from the last quarter. >> it's an indicator of mood. if these companies are entrenched, if these companies are bearing down, they are not in the mood to do things that seem frivolous. >> reporter: president of jo

start of summer, going to an air show, we will take you to one later this morning and look at how local economies get a boost from these air shows. summer movie season kicking off this weekend as well and we have a sneak peak at one of the hottest movie, independence day resurgence. those will be out later today. in europe we are watching gains and losses, for the most part trading higher with ftse in london up 2 points, mall fractions across the board there. here at home we are looking at futures for the most part trending higher, the leader there the tech heavy nasdaq up two tenths of 1%. here with me fox business network dagen mcdowell, jack otter and national review reporter katherine, welcome to all of you. good to have you on this friday morning as we head into the memorial weekend. dagen: i was shaming cat about going to bed too early. >> i'm hitting to orlando for a libertarian convention. sandra: are you flying? >> i'm doing two hours early but i'm not checking a bag. sandra: we have a can't-mislineup this morning. former presidential candidate and dr. ben carson will be here and former

allow for more asylum space so that -- and does are in not remain, if you will, a burden on the local economy and on the host population, so we are hopeful, again, here, the united states has been instrumental in working with the world bank, other international financial institutions, turning the corner in that respect but really, we half to look forward, way to organize humanitarian and development responses in the future when there are new emergencies. the last thing i would simply thats it is very important as many refugees as possible are given the opportunity to move legally. we have moved -- we have heard a lot about irregular movement and we were talking about last year, resettlement to the united states, there were not pictures of asylum officers interviewing individually and a 7 -- a refugee for an hour and a half, taking down all of the information about their story, to validate them and to verify who they are in with a recovery from -- no, on cnn, we saw pictures of masses of people going through the fields of croatia, macedonia, serbia, as if that is resettlement in it is simply n

oak hand and sat town in a chicken and waffle restaurant and talked about their concerns on the local economy. she has gone after donald trump on twitter. she critized his previous comments on work place pregnancy. >> pregnancy is never. it is a wonderful thing for the woman and husband and inconvenience for a business. >> they are going after trump. >> thank you. the system is broken and the libertarian party has the opportunity to achieve major party status and each and everyone upon of you worked so hard for. >> well that from gary johnson, one of the candidates vying for the libertarian party nomination this weekend. he's seeing support from republicans and democrats disinchanted. but unlike republicans and democrats. they do not hold primaries. the majority of the americans have unfavorable opinions of donald trump and clinton and a recent fox news poll shows johnson receiving ten percent support. extreme weather alert. grappling with dangerous weather over the holiday weekend. two people are dead and several others missing after torrential reasons sparked flash flooding in texas. the ca

purchasing books from politics & prose does benefit the local economy. it supports local jobs, supports our book festival. so if you enjoy the program and you're in a position to do so, please consider buying the authors' books here today. so let me introduce kristen. kristen green is an author who let me introduce kristin. and author from virginia and that is important to the story. graduating from fredericksburg a graduate of the kennedy school of government. globe" and san diego union tribune. she currently lives in richmond, virginia. she has a husband, jason, and two daughters who you'll become intimately familiar with when you read this book. so let me tell you about this wonderful book that we're presenting here today, "something must be done about prince edward county." it is a new york times bestseller, it's a washington post notable nonfiction. and for those that want to support kristen, it is up for library of virginia people's choice award, so you can go to the web site to get this book voted as a people's choice award. it's an interesting boo

this is what customers to use to grow businesses of the local economy. helping us to be better people in our daily live today's guest is no exception deal shapiro where the roads leading experts on negotiation and conflict resolution has made a career out of helping people to navigate these critical conversations and as a founder and director of harvard international negotiation program, he has launched several resolutions in the middle east peace and europe and east asia. serving as chairman of the world agenda council on conflict resolution it developed a conflict huge reprogram now reaching more than 30 countries. please help me to welcome our esteemed speaker did neil shapiro. [applause] >> power you doing? first of all, a huge thank you to the library of philadelphia for making this happen today and also with peco it 8:00 in the morning to have that introduce -- somebody without much energy to introduce me. [laughter] so it is a tremendous honor to be here with you but how many of you the past six months have experienced emotionally charged conflict

difficult anyland resorts generates $5.7 billion annually for the local economy.nd 11,000 jobs over the last decade, a 65% increase. these protesters are demanding $15 an hour from mcdonald's. you wrote a piece pointing out the hypocrisy. we know bernie sanders, his 37,000 union workers is what he's representing. the median ceo makes $117,000 a year. >> the afl-cio put out this report condemning ceo pay, but i was looking at what some of it executive council members were making. six-figure salaries. the painters union spending $50 on wine bottles and the plumbers at a napa valley wine. charles: anaheim's population went up over 600% because in 1954 disney started construction on disneyland. if you have low skills there are very few places you can find today. >> i have to agree with gillian. there is a lot of hypocrisy. you can't have union presidents making hundreds of thousands of dollars saying they are representing the little guy who's working hard and making the same salary if not more than these high execs. >> a lot of these states where this is happening, it

disney pointed out they generate 5.7 billion for the local economy and added 11,000 jobs over the past decade. you can't argue with them numbers, right, sam? >> this is great numbers. can you imagine if walt disney were alive to see this today? he would say i really don't like that guy. i can't put moo my finger -- i can't put my finger on what it is, but i don't like that guy. >> he calls them the disney corporation. >> i like bernie. i can relate to bernie. when i argue with my girlfriend i feel like bernie arguing with hillary. like i don't have a shot, but i want to get my idea out there. >> how can anyone hate disney? >> leave it on a socialist to throw a het blanket on the happiest place in america. that's what they love to do. like the other week he was saying all of these bad things about wal-mart. wall mar has done more for poor people than bernie sanders and mother theresa. i think it is hilarious how he calls disney the disney corporation. we know they are so evil. i mean, it is -- >> you know what, trump is actually playing with a lot of the bernie resentment as well. he we

communities and local economies recover more quickly after an event. while the benefits are clear, the question remains, what specific actions can congress take? the national mitigation investment strategy is based on the latest science and engineering research from the research institution such as the insurance institute of home safety. ibhs and other research institutions conduct research on building standard and performan performance. research from these institutions demonstrates that statewide adoption enforcement of building codes can reduce long term risk. studies in the wake of major disasters support the finding. another fact, according to ibhs, at least 25% of all businesses that closed down for 24 hours or more during a disaster never reopened. that's staggering stats. think about the business es and the jobs. lsu hurricane center estimated stronger building codes would have reduced wind damage in hurricane katrina by 80% or $8 billion. so, thank you for your leadership congressman curbelo. the four principles from this report have been turne

economy. public sector, county, state, and local is nearly 25 trillion. we're getting old.aby boom is retiring. 10,000 a day. another five or 10 years we're going to have a massive increase in the retired population. how do you fund all that? who will pay the taxes? none of this is being focused on and we're just drifting as we have in the past and sooner or later you hit the wall. neil: kind of bumming me out, david. >> well, those are the facts. neil: you are good at them. you have been warning republicans and democrats alike. david stockman who won't be frequenting chicago anytime soon where there are protests going on. these are going outside of mcdonald's. this is just part of a problem, a city on the brink and, by almost any other normal measure, would already be bankrupt. we're there. after this. [shouting] i'm mary ellen, and i quit smoking with chantix. i always came back to smoking. i was absolutely frustrated, absolutely. i did not think chantix would work as well as it did. along with support, chantix (varenicline) is proven to help people quit smoking. chantix

more than 100 cities have debt bigger than their local economy.d trump has run corded reported picking up enough support to clinch the nomination. that it's him over the top for the delicate count. he can expect to be named the choice at the party convention in july. consumerf u.k. confidence has risen since january but does remain below zero. this is of course a measure of the economic outlook. it also increased from the weakest reading and almost three years. 318 passengers and crew have been evacuated from a flight. no injuries reported. triple seven had been scheduled to fly soul. global new rules, 24 hours a day powered by journalists around the world. top stories can be found -- thank you. anna: thank you. asian stocks have arisen, heading towards their first weekly gain in five weeks. mormoarkets.at the reporter: asian stocks heading for a gain. we have seen a bit of weakness in china. gains in japan. the topic climbs to a one-month high. we also got the week inflation data from japan, fueling speculation of more stimulus. although we are s

. >> it has become an important mover of the local economy. but as its aged, metro has become prone to delays an danger. now the system is asking those who rely on it to bite the bullet. starting june 3rd, the subway system will close a no more 3:00 a.m. closings on friday and saturday. those hours have become vital to the thriving hospitality in the city. >> we can't count high enough to describe how much metro contributed to the success of the greater washington area. >> a member of the greater washington board of trade says there hasn't been a region not improved but now there isn't one won't be affected. >> a lot of social stuff going on. but i guess it is the only day they can do it. >> board of trade and other business concerns through council of government will be getting together and come up with a plan. >> we've got have flexibility. we have more on car pooling, bike shares, zip car, you name it. only to be on the table. >> even businesses with transportation in some cases. and it is not just local. so many businesses across the u.s.

they don't need a liquor license, and some bring your own food, all a recipe to strengthen local economies they stop in, they have a couple drinks, and be, like, oh, there's cool stores around, let's walk around, have dinner, whatever. >> good for the economy. it's authentic because they make it right there, and you drink it, and more importantly, brings people together. >> reporter: from south jersey, nbc 10 news. >> it seems to be doing very well. >> a growler of beer you can carry with you. >> how about that. >> there's a word for ya. >>> all now at 5:00, neighbors called it an eyesore for kids. >> the veigh captain home is coaling down thanks it a bunch of buzzards. we'll explain next. >>> and a beautiful day today and to out the week, but we do have rain on the way for the weekend. all that with your neighborhood forecast coming up. >> willing to pay extra on taxes to build the wall. >> supporters and protesters show up to see trump in new jersey. taking you live to his visit in then state. that's coming up next at 5:00 . >>> happening now, a political protest growing in new jersey wh

communities and local economies would benefit by enabling citizens and businesses to recover more quickly after an event. while the benefits are clear, the question remains what specific actions can congress take? the national mitigation investment strategy based on the latest science and engineering research from world class research institutions such as the insurance be institute for business -- insurance institute for business and home safety or ibhs. we conduct research on building performance standards and simulated disaster conditions in controlled environments. research from these institutions demonstrates that statewide adoption and enforcement of building codes can reduce long-term risk. studies conducted in the wake of major disasters also support this finding. another fact. according to ibhs, at least 25% of all businesses that close down for 24 hours or more during a disaster never reopen. that's taggerring stats -- staggering stats. and think about the businesses and the jobs. another stat we looked at was the lsu hurricane center estimated that stronger building codes would

. >> it has become an important mover of the local economy.s its aged, metro has become prone to delays an danger. now the system is asking those who rely on it to bite the bullet. starting june 3rd, the subway system will close a

of course, celebrating this holiday weekend but we hope that it will also help to boost the local economyck to you guys. jenny, thanks. if you are headed out or staying at home this memorial day weekend, show us what you are doing. be sure to share your pictures and videos with us use the hash tag fox 29. >>> now to a developing story out of new jersey. a plane crashed in the hudson river that plane was a vintage world war ii p47 thunder bolt taking part in a fleet week activity. new jersey state police say at least pilot was pull from the water and he was the only person on board. engine failure is believed to have brought that plane down. >>> a 20-year-old woman is in critical condition tonight after she was hit by a car in feltonville just before 5:00 near the intersection of roosevelt boulevard and bingham street. the driver did stop. no word on whether or not any charges will be filed. >>> some activists are upset with the archdiocese of philadelphia over the organization's stance on child sex abuse bill under consideration right now in pennsylvania. the foundation to abolish child s