mitsubishi aircraft has announced that the first delivery of the mitsubishi regional jet will be postponed to at least april of 2017. >> translator: i regret we're not able to meet the expectations of those who support us. >> that's four years behind the company's initial plan. and it's the third time that the schedule is being postponed. the first test flight has also been put off by more than one year to april 2015. company executives say there was a misunderstanding about a procedure to certify the safety of the engine and other parts. they say the company needs more time to take the right procedure. the mrj is the first passenger aircraft being developed and assembled in japan and half a century. the project is partially funded by the government. mitsubishi aircraft has received orders for 325 mrjs from all nippon airways and some u.s. carriers, but the delay in the schedule may hurt the company's ability to win more orders. here are the latest market figures. >>> police in japan say they detected more than 200 virus-infected e-mails sent to private firms over the past six months. the

mitsubishi dropped the price on whatever theirs is called. the price by about $4,000 on the electric focus, and i think what we're seeing is a certain reluctance on the part of buyers, especially at today's gasoline prices, which didn't go to $6 or $7. if you do the hard figures, it doesn't really pay to have an electric or electrified vehicle. the volt has been doing okay. been doing about roughly 2,000 a month which is good but not great the it's the best-selling plug-in hybrid in the united states and the world, but i think gm wants to get the volume up. >> absolutely. getting down to the nitty-gritty data. volt sales were down over 3% last month while its competitor, nissan leaf, were up 372%, so to what degree do they think the price cut might boost those sales? >> i think the price cut will do a lot and the mitsubishi leaf finally, that's the name i was looking for, the mitsubishi leaf responded big time to -- to the price cut, so i think by lowering the price you hit the sweet spot, and don't forget. general motors has had three years

. >> major japanese trading house mitsui and mitsubishi reported their earnings today.looking well thanks mostly to the weaker yen. mitsui posted $1.2 billion net profit for the april/june quarter, up 20% from the previous year. among the japanese traders, mitsui is the most dependent on resources and falling copper and coal prices have been putting pressure on this bottom line. but a softer yen helped offset some of the weakness in the sector. meanwhile, mitsubishi reported a net profit of $1.1 billion in q-1, up 15% from a year ago. mitsubishi also suffered from the falling prices and resources, strong sales on noncommodity related businesses and cost cutting efforts help boost its profit. the nikkei's reporting that japan's top trader of agriculture commodities will likely post a net profit of $531 million for the first quarter, that's slightly higher from a year ago. sales on overseas power and infrastructure businesses were solid. the weaker yen also helped boost profit for its food businesses including trading of grains. mar benny completed the acquisition of gabe

it also sold more than fiat, buick and mitsubishi. things aren't so bad for the stock, either. yesterday shares gained nearly 2 dollars, closing at 164 dollars. tesla is proving itself as a star start up. but 44 percent of all new companies failing after the third year.jackie keenan reports from florida on the growing need for business incubators that promote growth. dr. cindy sanberg's company is about to go big time. her product, nutrasystem, which gives a boost to stem cells, may soon be found on grocery- store shelves everywhere. "right now we are in the final review with kroger for possible placement of our product there, so we are very excited." sanberg owes her success to the university of south florida's tampa bay technology incubator. incubators arm entrepreneurs with the resources needed for success. with a focus on life sciences, this incubator helps scientific entrepreneurs develop companies focusing on things like cancer-detection treatments and medical devices. "it's not just a location, it's more than just a building - it's the network, it's the people, it's the

mitsubishi securities holdings posted about $400 million in net profit. the firms are also reported record quarterly earnings. on other brokerages, they recorded about a six-fold surge and more than three fold. the bank of japan's massive monetary easing program activated markets for stocks and mutual funds since april. securities firms saw earnings from commissions soar. that's the latest in business. i will leave you with a check on the markets. # >> japanese soldiers fought fierce battles and some met their end fighting on the island in russia's far east. now a group of rugs is working to ensure the lives sacrificed on both sides are not forgotten. we have a report. >> i have come to the forest in this place that is very close to the former border between japan and the soviet with a hard fought battlefield in 1945. the people are starting to search for the remains of japanese soldiers. the search team are members of a volunteer group. they made it their mission to recover fallen soldiers. they hope today will be the start of a homecoming. it was the si

mitsubishi electric cooling & heating. proud to sponsor "ask this old house."ist, providing reviews of local roofers, plumbers, dentists, and more, written by people just like you, helping you find help when you need it. angie's list is a proud sponsor of "ask this old house." man! what we need is some elbow grease. [ laughs ] yeah, you can -- are you kidding me? gmc -- lending "ask this old house" a helping hand since 2002. wow, we are getting a lot of e-mails and letters from people who are looking for a little bit more storage. looking for some good ideas on how to get organized. they want a place to put the kids' coats and their bags. in fact, tommy, a lot of people would love to have a mudroom. well, you know, i do a lot of major renovations, and when you're doing a major renovation, you can make room for a mudroom. but a lot of people aren't doing a major renovation, and they want a place to hang their hat. i mean, if you've got an old house, you're probably not going to have room to stick a mudroom in there. exactly. so i found this little piece online.

the results due from mitsubishi, mitsui, fast retailing.r in hong kong, jardi matheson will hand in its report card and ocbc and plantation firm gold and agra set to post their earnings as well. >>> mariano rajoy said it was a mistake to trust the treasurer. he denied allegations he received illegal payments from the disgraced treasurer who was imprisoned last month on charges of fraud and money laundering. >> translator: this is best explained in two words, i made a mistake, i'm sorry. i was wrong in trusting someone who now we know didn't deserve my trust. >>> all right, still to come on the show, which companies are attacking the issue straight on? the results of spanish bond auction, selling 2 and 5 years, they sold 951 million in july of 2016 bond. the yield, 2.65%. down from 2.79%. and sold 2.26 of the 2018 bond. the yield on that, 3.5%. again, a tick down from 3.7% on july 18th. spreads have -- the yields have come down a little bit and just about raised the 3 billion maximum that they were looking for. that's the latest on spain. "w

but mitsubishi materials soared nearly 10% after posting a threefold jump in its net profit.g kong, chinese coal producers were on fire today. that's on reports that they have started to raise prices thanks to healthier demand. china shenhue gained 6% today. shares in south korea ended higher after s&p raised its rating by a notch to a plus. the company still waiting the u.s. itc's ruling on its patent with apple. lg electronics jumped nearly 3% today, following good reviews on its recently launched smartphone. and that's a quick update of the asian markets. back to you. >> sixuan, thanks for that. >>> so, dallas fed president richard fisher says the central bank has begun to socialize the idea that qe will eventually wind down. he predicts people will accept the fact there is no such thing as qe in infinity. in an exclusive interview on cnbc with maria, fisher echoed what policymakers said recently that the fed could begin tapering its bond buying program next month, provided the economy is holding up. >> we're all singing from the same song book, so it is the same message,

joining us for the hour, chief financial economist at bank of tokyo mitsubishi.uld we do? >> i'm off camera now? >> you're on camera now. >> that's right. plus we have union bank subsidiary in california, 400 branches. >> we can't do each branch. how many atms? >> i don't know. 422 branches. i'm not in marketing. i'm an economist. >> okay. good. but you don't need to be as long as you'll play one on tv. and we'll get to chris and jack in a minute. first, though, your morning headlines. >> here we go. dow component ge is reportedly getting ready to spin off ge capital's consumer lending unit. "wall street journal" saying the move will take place through an ipo and could come as early as next year. the yuunit accounts for nearly % of loans outstanding. the dow is now off about 5% from its all-time closing high set on august 2. year to date, the dow up more than 13%. the s&p 500 down about 4% from its all-time high. the s&p up nearly 15% for the year. u.s. equity futures at this hour do put us in the green. dow looks like it would open up 25 higher. market will have