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FBN’s Adam Shapiro on Virgin Atlantic and the pilots union reaching a deal to avoid a strike.
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Adam Shapiro would give Fox Business -- it's been a strong day on Wall Street better than expected news on the labor market and retail sales boosted optimism a day before the government.
Releases its monthly jobs report the blue chips gaining triple digits right now the Dow was up 116 points.
President Obama says discussions with congressional leaders to raise the debt ceiling and reduce the deficit those discussions were very constructive.
Though a deal has not been reached the president says that all parties to the talks were committed to avoiding a default the group will reconvene on Sunday.
Virgin Atlantic and the union representing its pilots have reached a deal avoiding the first strike in that company's 27 year history.
The airline and its pilots have been at odds as part of an ongoing patent dispute.
Many airlines have face the threat of strikes as a result of their attempts to restructure during the economic downturn.
That's the latest from Fox Business giving you the power to prosper kept out of the --
