marcus carlson is here. we're looking at the fallout of the long saga, namely the selling of parts to general electric. >> we have been talking about this story since april. that is when general electric first said it was interested in buying alstorm. over the weekend, the details of that deal were hammered out. that includes an agreement that sees the french government take a 20% stake in the company. the chief executive says this monday that the deal will save jobs and protect france's national interest. g.e. on its part says it's combining it's forces to savings above $1 billion. josh has more details. > the end of a fiers two-month battle over alstom. the c.e.o. says it's selling most of general electric will create jobs in france and protect french national interests. >> it addresses everyone's concerns. this is a good deal, activity and employment will be consolidated. it's a good undertaking for general electric whose way of doing business won't be affected. i think it also addresses the government's

marcus carlson joins me now. general electric is playing another card as it tries to take over parts of ouster him -- alstom. >> only days to go before alstom is to make a final decision on two rivals for part of its business. bid comes asric's the french government offered 12.3 billion euros to buy alstom 's energy business out right. but now the american company form threets to joint ventures with alstom instead. one of the power sector, one in the u renewables sector, and one in nuclear energy. -- in the renewable sectors, and one in the nuclear energy. on top of that, ge is offering to sell its rail signaling business to alstom's train making division. the chief executive of general electric, jeffrey immelt, says it creates friends jobs and also maintains decision-making in france as well as the alstom brand itself. here thisdoes not end evening. we are also getting reports that general electric's rivals are also revising their bid. mitsubishi heavy industries is raising its bid. it says mitsubishi is offerin

marcus carlson is here. let's begin with a bit of a world cup field to our business update. do just that. the world cup is more than a sporting event. it is an opportunity for companies and brands to be seen. gear forans to sell more than 2 billion euros this year, cementing the german ebony's position as the number one company for -- german company's position as the number one company for sporting goods. it is being challenged by the american company nike. we have more. pima.e, adidas, fema -- among theition sportswear brands. for years a small bavarian city has hosted an ongoing match between the two turman brands -- german brands. they lived less than one kilometer apart and everyone in the city can record the passion of battle that boosted both brands. >> each one wanted to be the best. in this competition, it spurred them to rise to the top. between adidas and pima continues today, but now on the global football market. each company has a strong global strategy. the international turnover of the three stripes label could this year.on euros >> there are products that sel

marcus carlson joins me in the studio with rather good news. the u.s.conomy appears to have passed a rather important milestone, at least in terms of joblessness. >> yes, indeed. employment is back at pre-recession levels over in the united states. the u.s. economy lost 8.7 million jobs during the financial crisis, and it has taken until now for the american labor market to recover those jobs. the u.s. economy added 217,000 jobs during the month of may. that is seen as a pretty solid figure, even though it is a fall from the number of jobs added during the month of april, and it seemed to highlight that the u.s. market is on its way back. for four straight months now, we than 200,000 jobs being added every month. the official unemployment rate, meanwhile, held steady in may, coming in at 6.3%, the same as in april. that is significantly lower than the current euro zone rate, , so theands at 11.7% u.s. is ahead there when it comes to the recovery in the labor market. is stepping up the pressure on american officials to reduce the potential fine for bnp p