they hope to integrate the power businesses with that of mitsubishi electric. analysts say negotiations could develop into a full merger. the dollar dropped to the 76 yen level in new york on wednesday as market players sold on concerns of the economic outlook. investor worries about a slow down mounted after an index showing business sentiment was worse than the market consensus. the dollar fell to 76.78 yen at one point. sources say they are not expecting further sharp declines in the dollar just now. many traders are expecting that the monetary authorities may intervene to put a break on the surge. further easing in monetary policy is expected. right now in tokyo this thursday morning, the greenback is trading between 77.04 to 05 yen. let's get a check on the markets. the dow snapped an eight-day losing streak to private jobs data to see how stocks are trading here in japan, we cross over to the tokyo stock exchange. currency markets not showing a great reaction. >> yes, indeed. a good morning to you. we are seeing the reaction here for the topics following

jal is going into the venture with australian discount flier jetstar and trading house mitsubishi. >> translator: in a few years airports in the tokyo area are expected to deal with more flights. this is a good opportunity for us to diversify and expand our business. >> the companies announced tuesday that mitsubishi will invest 33.4% and the two airlines 33.3% each. the low cost carrier will be called jetstar japan. jal is planning on benefiting from the experience of the australian partner, a subsidiary of qantas airways. jetstar japan will be based at narita airport and begin service by the end of 2012 and offer domestic flights and international routes linking asian cities. its investors are considering providing services to and from kansai airport in osaka. a move by all nippon airways apparently prompted jal to break into the low-cost carrier business. ana has already announced plans to launch two budget airlines next year. one will be based at narita and the other at kansai airport. >>> and now let's bring you weather forecasts around the world. >>> that is all for now on "news

m mitsubishi and hitachi competing to get some market share in the renewable energy sector, which is highly competitive. for now the nikkei down over 190 points. we'll see how that trades throughout the session. back to you in the studio. >> thanks a lot. the nikkei has plunged further down over 300 points or a loss of 3.4% so far this friday morning. the yen is at 79. dollar yen 79.05. back to the main news. >>> the japanese government is planning to buy up cesium tainted beef that has reached the distribution chain. the plan will include beef with radio active cesium at levels within the national safety limit. the agriculture ministry developed a plan in response to calls for more support by beef cattle farmers. under the plan the government will buy 3500 head of cattle which are suspected to have been fed rice straw containing cesium in excess of the safety limit. the cattle will be cinerated. farmers who are unable to ship their cattle due to restrictions will receive about $630 per head of cattle. the government will also provide financial support to prefectures that are buying

the more holdings that it create percent and mitsubishi financial group rose three point three percent. and one hour ahead of the opening bell in moscow let's look at monday's closing figures both indexes finished strongly in the black the r.t.s. rose four percent four and a half percent while the noise six gained almost three point seven percent. well the trading week beginning our high notes packers rolls from or else it capital says here's a trade we'll see more of the same. only cruel can forward towards the u.s. industrial production of brazil in the week and it'll be continued its history thinning in the universe as dollar zero three helped push acknowledging prices in a which automatically a benefit to russia of. you know of course of people who are watching me on you know with your price will hold up steady or a full on see the a situation in libya why don't you cross and of course some softening you can prices and on in which might give for russia some more business for a bit of correction after that. russia sixty billion dollar program to revive the north caucasus is beginnin

he started to talk about what he wanted to have one-on-one debates for two hours with mitsubishi, -- with mitt romney. and one of the smartest men i know. he has a lot of ideas. but in this case, it's a time that has come -- >> bob -- >> get out gracefully. >> that was just a guy who said he was newt. >> the man is brilliant. but here's -- he stumbled into it with the paul ryan. distancing himself from the real conservative answer to the debt crisis and then where he went away on a vacation with his wife in an important week in the campaign. and now this. >> newt gingrich has never had an unspoken thought. >> i agree with bob. i think he needs to go. he closed his tiffany account. he should close its twitter account. >> if he had a half million followers, nobody would have questioned. but he went for over a million and people started to say, what's up? finally, a brand-new poll in a critical swing state, pennsylvania, nos mitt romney leading barack obama by a fairly significant amount, 2 points. i know it's early. but, you know, have you romney routinely pulling ahead of obama in cri

look for a mitsubishi evo."ey had cameras set up in the cars, and tanner puts us in the car and teaches us how to drift. and we're tearing around in this parking lot. and they said, "cut, thank you very much, adam." and they called two days later, and i got the gig. >> jimmy: that's phenomenal. >> yeah. >> jimmy: but, now you're doing all these things. and now you're doing -- you said that nascar -- >> i got to start a nascar race. >> jimmy: that's huge. >> you did too, didn't you? >> jimmy: it's an honor. yeah, yeah, yeah. >> yeah. it's -- i've never been to a nascar race. i don't know if you can tell by my accent, but i'm not from the south. [ laughter ] so i went to the nascar race, and they -- how polite are those people? and this southern hospitality. they treated me -- this giant paula deen-looking lady said, "is this your first nascar race, darling? i'm going to fry you up some butter." [ laughter ] i mean, it's just -- >> jimmy: yeah, a nice stick of fried butter. >> yeah. it was just so gracious. and it