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Sunday, May 31, 2009

Michael Phelps

He's the most decorated Olympian ever, after winning a record eight gold medals at the 2008 Beijing Games. So, what does Phelps do for an encore? He hits the pool with Anderson Cooper of '60 Minutes'!

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Rooney On Newspapers

Andy Rooney talks about the daily routine of reading newspapers. Unfortunately, some newspapers are bound to go out of business due to the recession.

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60 Minutes, 05.31.09

Scott Pelley examines FDIC's control of a failed bank; Steve Kroft reports from Pakistan on Islamic insurgents; Anderson Cooper speaks with Olympian, Michael Phelps; Also, Andy Rooney on newspapers.

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Sad Ending To GM Story

With a majority of its bondholders removing the last obstacle, General Motors is poised to declare bankruptcy tomorrow. A sad chapter in what was once a great success story. Dean Reynolds reports.

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Starfish Enterprise

Disney-Pixar's "UP" got a boost from rave reviews, one California writer gave it four and a half 'starfish' out of a possible five. Ben Tracy has more on the starfish enterprise.

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War In Pakistan

Steve Kroft reports from Pakistan, where Islamic insurgents are trying to take over the country and he interviews its new president, Asif Ali Zardari.

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Your Bank Has Failed

Scott Pelley has an exclusive look as the Federal Deposit Insurance Corporation takes control of a failed bank.

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Green Car Rentals

One long-term goal of the auto industry restructuring is a shift to more energy efficient and environmentally friendly cars. As John Blackstone reports, the transition is already underway

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Rethinking Car Buying

As two giant car makers hammer out details with Washington for restructuring, the industry and government partners are confronting how to get people to buy new cars again. Randall Pinkston reports.

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Abortion Doctor Killed

Police now have one person in custody after the shooting of 67-year-old, George Tiller, one of the nation's most well known late term abortion doctors. Bianca Solorzano reports.

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Preparing For Private Grilling

Supreme Court nominee Sonia Sotomayor is preparing for tough questions when she heads to Capitol Hill for closed-door meetings. Kimberly Dozier reports.

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Anniversary Of Chinese Tragedy

Barry Petersen looks back 20 years to China's pro-democracy student uprising that ended in tragedy.

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Face The Nation, 5.31.09

Bob Schieffer spoke with Sen. Diane Feinstein, Sen Jon Kyl, The NY Times' David Brooks and The Washington Post's Bob Woodward about Judge Sonia Sotomayor's ability to serve on the Supreme Court.

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Big Ben Turns 150

Charles Osgood comments on the 150th anniversary of London, England's symbolic Big Ben clock.

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Blood And Money On Horseshoe Bay

In Full: A millionaire's outrageous sex life may have led to his gruesome murder. Correspondent Peter Van Sant reports on the case.

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Closing Guantanamo

Bob Schieffer discussed President Obama's efforts to close the terrorist prison at Guantanamo Bay, Cuba.

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Dems Defend Sotomayor

Bob Schieffer spoke with Sen. Diane Feinstein and Sen Jon Kyl about controversial remarks made by first Hispanic Supreme Court nominee Judge Sonia Sotomayor.

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Sotomayor's Chances

Bob Schieffer spoke with The New York Times' David Brooks and The Washington Post's Bob Woodward about Judge Sonia Sotomayor's ability to serve on the Supreme Court.

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A Band's Resurgence

After a 4 year hiatus, which included a near breakup and the sudden death of saxophonist LeRoi Moore, the Dave Matthews Band is back with a new album, Big Whiskey and the Groogrux King.

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Sunday Show Highlights 5/31/09

Sunday Show Highlights 5/31/09

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Feinstein and Kyl on Sotomayor

Feinstein and Kyl on Sotomayor

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Feinstein and Kyl on Sotomayor

Feinstein and Kyl on Sotomayor

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Schumer- "She'll stand by the entire speech"

Schumer: "She'll stand by the entire speech"

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Leahy on Sotomayor hearings

Leahy on Sotomayor hearings

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McConnell- Reverse-racist, "certainly not my view"

McConnell: Reverse-racist, "certainly not my view"

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Graham and Specter on Sotomayor

Graham and Specter on Sotomayor

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This week in Playback 5/29/09

This week in Playback 5/29/09

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Six die in shootout between Fatah and Hamas

Six people were killed in a West Bank shoot-out on Sunday when an attempt to arrest a senior Hamas commander went awry, deepening the rift between the two main Palestinian factions. The Islamist Hamas movement ruling the Gaza Strip warned that the rival Fatah group loyal to president Mahmud Abbas had crossed a "red line" over the killing of one of its top fighters in the arrest operation. The firefight erupted when Palestinian police dominated by Fatah tried to arrest Mohammed al-Samman, commander of Hamas's armed wing in the northern West Bank, who was also on Israel's wanted list.

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Good morning Gaza- the radio station helping the disabled

The Gaza Strip has the highest density of disabled people anywhere in the world and the economic crisis gripping the Palestinian territory hits them particularly hard. Forsan Alredada radio station in the Deir el-Balah refugee camp is giving them a helping hand. Forty-five percent of its staff are disabled.

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Evanglicals feed Africa's faith

Like many countries across Africa, Benin has witnessed a spectacular rise in evangelical Christianity, as the Roman Catholic Church of the country's former colonial power, France, loses influence with locals. Converts praise the emotional intensity of the experience, while naysayers gripe that religion has become big business.

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Japanese urge Parisians to keep the city tidy

A group of Japanese eco-enthusiasts gathered under Paris's iconic Eiffel Tower at the weekend, in a bid to get tourists and locals to make more of an effort in keeping the city clean. Joined by passers-by of several nationalities, the Green Bird squad -- part of a volunteer movement in Japanese and European cities -- was aiming to encourage residents and visitors alike to keep the French capital tidy.

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South Korea feels the tension as North Korea plans more tests

With North Korea now moving another long range missile to a test site, concern is rising among ordinary South Koreans about the potential of political posturing escalating rapidly into conflict.

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Tiananmen dissident still defiant as anniversary approaches

Bao Tong fell from grace for supporting the 1989 Tiananmen Square demonstrations, but the regrets go back much further than that for the former top official, who calls the entire history of Communist China a "waste". The former aide to disgraced Communist Party leader Zhao Ziyang has spent the past 20 years in jail or under house arrest. In the lead up to the sensitive anniversary he has been taken out of Beijing by authorities, who are trying to quash any attempts of protest.

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South Korea- clashes as people mourned for former president

More than 30 South Koreans are arrested during clashes with police as gatherings to mourn dead former president Roh Moo-Hyun take on an anti-government atmosphere. Roh Moo-Hyun who held office from 2003-8 has become a martyr in the eyes of his supporters. They say the current conservative government launched a politically motivated probe, a claim it denies.

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South Korea worried about a new long-range missile

North Korea fired another short-range missile on Friday and threatened fresh steps to defend itself if world powers impose sanctions for its nuclear test, as tensions persisted on the Korean peninsula. AFPTV asks ordinary people in South Korea's capital Seoul what they think about the ramp-up in North Korea's military activity.

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Saturday, May 30, 2009

Recipes From Malaysia

This week's "Chef On A Shoestring," Zak Pelaccio, was a cook in Malayisa before heading to New York. Now, he offers up a Malayisan-inspired 3-course meal for four, all for under $35.

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Countdown To GM Bankruptcy

As one of America's largest car companies, General Motors, will file for bankruptcy, Randall Pinkston reports that there is great concern for the future of the employees of this troubled automaker.

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Remembering Tienanmen Square

In his "Reporter s Notebook," CBS News correspondent Richard Roth provides a firsthand account of the massacre of pro-Democracy students in China s Tienanmen Square, 20 years after the tragedy.

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Under The Radar, 05.30.09

Erica Hill and Chris Wragge go Under The Radar once again, presenting some totally wild news stories and video clips. Don t miss the world s smallest body builder in India!

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N. Korea's Missile Threat

Worldwide diplomatic tensions have recently escalated, as North Korea has stepped up its efforts to launch an inter-continental ballistic missile. CBS News' Kimberly Dozier reports.

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No Gold For The Golden State

The Calif. fiscal crisis has intensified, as Gov. Arnold Schwarzenegger has announced over three billion additional dollars in budget cuts. Sandra Hughes reports on this state?s widening deficit.

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Prince Harry Hits Big Apple

Third in line to the British Throne, Prince Harry has captivated American audiences with his recent journey to New York. Jeff Glor highlights the most memorable moments of this Royal visit.

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Parachute's "She Is Love"

A relatively new group now quickly gaining momentum on the charts, rock band Parachute make their TV debut as they perform their recent hit, "She Is Love," in this week's Second Cup Cafe.

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Debate Over Sonia Sotomayor

Conservative commentators have voiced concern over the nomination of Sonia Sotomayor for the Supreme Court. Jeff Glor speaks with political analyst John Dickerson about the controversy.

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GM s Ch. 11, Winners & Losers

With GM announcing plans to file for bankruptcy, focus has shifted to stockholders, employees, and executives of this struggling automaker. Kelly Wallace reports. Jill Schlesinger provides analysis.

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Stop Snoring

Senior editor at "Health" and author of "Feed The Belly," Frances Largeman-Roth speaks with Erica Hill about some products which can help prevent people, especially men, from snoring.

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Renting Vs. Buying

Erica Hill speaks with "The Early Show" Saturday Edition financial contributor Ray Martin about the pros and cons of either renting or owning a residence in the midst of this ongoing nationwide housing crisis.

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Allow Priests To Marry?

After his recent confession of a sexual affair, Catholic Priest Father Cutie has announced that he will leave the Church. The Early Line panel discusses the reasoning behind Cutie s decision.

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Angela Beck

Angela Beck, of Paulding, talks about the dangers of the Yaz birth control bill and how it affected her life.

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Vows- Vows- Chuck and Deborah

After almost ten years of dating, Tony Award winner Chuck Cooper and award winning playwright Deborah Brevoort decided to make their commitment to each other official.

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Friday, May 29, 2009

Albertine Workspace Opens in New York

We heart New York City's new Albertine Workspace, where charming owner/genius Kyung Lee is churning out beautiful bespoke pieces at off-the-rack prices. In this video, Lee takes us through the whole process — from picking out styles and fabrics to trying on (and loving) the final product. Here's the info: Albertine Workspace, 19 Christopher Street, between Greenwich Avenue and Waverly Place, West Village (212-924-8515).

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Pool Playing Prodigy

Keith O'Dell's Pool Career was born not long after he was. At the age of 20 months, he hustled his parents for a pool table and the rest is history. Steve Hartman reports.

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Pirate Solution Ahead

Exclusive: More than 50 warships now patrol the Gulf of Aden. As the number of warships has grown, the number of attacks has dropped. Some say the real solution lies on land. Sheila MacVicar reports.

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Publishing Industry

Analysis and discussion with Jason Binn of Niche Media Founder & CEO. He talks about the world of magazines. (Venture)

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Computer War Hacking

Computer hacking is becoming a growing threat. A booming cyber-war is taking place with hackers driven to disrupt or even destroy vital U.S. Military networks. Armen Keteyian reports.

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Luxury Space

Analysis and discussion with Isadore Sharp of Four Seasons Chairman & CEO. He talks about the luxury business. (For the Record)

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No Visibility Ahead- Predicting What's Next (Part 2)

Analysis and discussion with Professor Joseph Stiglitz of Columbia University, Meredith Whitney of Meredith Whitney Advisory Group, Oliver Sarkozy of Carlyle Group, Jack Welch; Former General Electric CEO and Austan Goolsbee of White House Senior Economic Adviser. (Political Capital)

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Better Times Coming

In the series 'Children of the Recession', Lawrie and Isabel, were living on the streets, then through a program called 'Safe Families', volunteers took the girls in. Katie Couric reports.

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Multiracial America

Multiracial Americans have become the fastest growing demographic group in 2008. Social scientists say it's due to growing social acceptance of inter-racial relationships. Sharyl Attkisson reports.

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No Visibility Ahead- Predicting What's Next (Part 1)

Analysis and discussion with Professor Joseph Stiglitz of Columbia University, Meredith Whitney of Meredith Whitney Advisory Group, Oliver Sarkozy of Carlyle Group, Jack Welch;Former General Electric CEO and Austan Goolsbee of White House Senior Economic Adviser. (Market Week)

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Sotomayor Controversy

Controversy is still surrounding newly appointed Judge Sotomayor and the "better than a white man" comment. It has led to Rush Limbaugh and many others calling her a racist. Wyatt Andrews reports.

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Back In Business

After less than a month in bankruptcy court, Chrysler could be back in business. A judge is expected to approve a plan to sell the company's assets to create a new Chrysler. Anthony Mason reports.

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Economic Preview- Green Shoots Sprouting

Report and analysis with Kathleen Hays of Bloomberg News. She gives preview about the market. (Taking Stock)

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Treasury Yield Steeper

Analysis and discussion with Linda Duessel of Federated Investment Management, Equity Market Strategist and Tony Crescenzi of Miller Tabak Chief Bond Market Strategist. They tackle about the economies condition. (Taking Stock)

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Commodities Wide Rally

Oil, copper, platinum, gold, silver lead the gains in the hope that demand will rise as the global economy recovers. Prices have rise in the commodities index by 13% in May, biggest monthly gain in 34 years. (Taking Stock)

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Longer Term Of Inflation

Marc Faber says we will see hyper inflation and he doesn't think that the threat of inflation is going to be bearish for the stock. (Taking Stock)

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Winning Stock Market

Consumer confidence kicked off wins for the stocks, sends S&P 500 up about 5.3% for the month, financial and energy led the May rally. (Taking Stock)

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Richard Haass On Iraq

Richard Haass, president of the Council on Foreign Relations talks to Bob Schieffer about his new book "War of Necessity, War of Choice: A Memoir of Two Iraq Wars."

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Notebook- Tonight Show

Katie Couric speaks about when Jay Leno took over the Tonight Show in 1992, we said goodbye to Johnny Carson. 17 years later, we are saying goodbye to him.

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Newsbreak- Obama Seeks Cyber Czar

North Korea may launch more missiles, Obama prioritizing cybersecurity, Leno's last night

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This week in Video 5/29

This week in Video 5/29

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Phil Spector Sentenced

Music producer Phil Spector has been sentenced to 19 years to life in prison for the murder of actress Lana Clarkson in 2003. The judge is also ordering restitution payments.

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Mike Allen's Playbook - 0529

PLaybook

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Obama responds to Sotomayor comments

Obama responds to Sotomayor comments

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Obama FEMA remarks

Obama FEMA remarks

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W.H. concedes Sotomayor misspoke

Gibbs: Sotomayor's word choice was poor

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Another Korean Missile

North Korea has reportedly launched another test missile, its sixth since blowing up a nuclear device in an underground test. The launch was accompanied with a new threat. Joel Brown reports.

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Gibbs and Takes 0529

Gibbs and Takes 0529

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Money & Sports - Stanley Cup, Drafts to LA?, Golf Twittering

NHL Pursues Bigger TV Contract; NFL and NBA Ponder Moving Drafts to Los Angeles; Twitter Hits LPGA Tour - According to LPGA's Bivens, Tweets Should Follow Birdies on Golf Tour (Bloomberg News)

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Cutting The Presidential Cheese

In honor of the anniversary of the Lincoln Memorial, cheese carver Troy Landwehr created a 640-lb replica of the famed monument made out of cheddar cheese.

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Stocks Climb for Third Straight Month

Financials Best Performer of the Month; Oil Rally Lifts Energy Shares, Gold Rally Boosts Mining Stocks; Consumer Discretionary and Telecom Worst Performers of the Month (Bloomberg News)

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Liz Cheney On Sotomayor

Liz Cheney talks to Bob Schieffer on "Washington Unplugged" about the nomination of Sonia Sotomayor to the supreme court and about the state of the GOP.

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Economic Expectations - Predicting a Strong Recovery

Interview with Traxis Partners Managing Director Barton Biggs (Bloomberg News)

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Market Close 5.29

S&P 500 Rises 1.5%; Dow and Nasdaq Each Rise 1.3%; Materials and Industrials Best Performers of the Day, Telecom and Utilities Worst Performers Despite Also Gainin; Insight with Steve Sachs of Rydex Investments; Live! From the NYSE Trading Floor - Interview with Alan Valdes of Hilliard Lyons (Bloomberg News)

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Weed Man Revealed

Author John McCaslin talks to Bob Schieffer about his new book profiling one of history's biggest marijuana traffickers.

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In-Depth Look - GM Prepares for Bankruptcy

Live! Coverage from Detroit and Berlin - UAW GM Workers Approve Changes to Contract by 74% Vote; GM and Magna Said to Have Reached Opel Pact (Bloomberg News)

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Washington Unplugged 5.29.09

Liz Cheney, daughter of the former vice president, talks about the state of GOP, a debate on the Sotomayor nomination and author Richard Haas on his new book "War of Necessity, War of Choice."

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Emerging Market Spotlight - India

Interview with India's U.S. Ambassador Meera Shankar (Bloomberg News)

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In-Depth Look - A New Wave of Television

Analysis and Discussion with Brad Adgate of Horizon Media (Bloomberg News)

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More Perspective - GM Prepares for Bankruptcy

Exclusive Interview with Kirk Kerkorian Adviser Jerome York (Bloomberg News)

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UAW GM Workers Approve New Contract by 74% Vote

Live! From Detroit, MI: UAW President Ron Gettelfinger Opens Up News Conference (Bloomberg News)

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Tracking the Metals

Higher Oil, Inflation Concerns, and Massive US Debt Moving Metals Higher; Silver Heading for Biggest Monthly Gain in Twenty-Two Years; Platinum Rises to One Month High on Speculation of Imminent Production Cuts (Bloomberg News)

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NBC's Inside the White House

Inside the WH

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Prince Harry Plays It Safe

Prince Harry will arrive in New York for his first official U.S. visit. Insider Katie Nicholl tells Harry Smith that the royal bad boy will be on his best behavior in The Big Apple.

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Preview - No Visibility Ahead

Featuring Commentary from Obama Economic Adviser Austan Goolsbee, Former General Electric CEO Jack Welch, and Columbia University Professor Joseph Stiglitz (Bloomberg News)

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Bathing Suits To Fit Your Body

Bathing suits, if chosen correctly, can help you show off your curves or create the illusion of having them. Maggie Rodriguez learns how from a style expert.

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2009 Spelling Bee Champ

13-year-old Kavya Shivashankar from Kansas has won the Scripps National Spelling Bee. Out of nearly 300 contestants, Kavya won by spelling laodicean correctly. Julie Chen reports.

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Technical Perspective - S&P 500 Average Summer Performance

Summer Doldrums? - Analysis and Discussion with Paul Hickey of Bespoke Investment Group (Bloomberg News)

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Obama on "weapons of mass disruption"

Obama: Cyber Czar will fight "weapons of mass disruption"

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Best Places To Retire

Does Cincinnati, Ohio come to mind when you think of retirement? Jill Schlesinger, editor-at-large for CBS Moneywatch.com, tells Maggie Rodriguez some surprisingly great retirement locations.

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Kris Allen Live

American Idol winner Kris Allen sings "No Boundaries" and talks to Maggie Rodriguez about his surprise win.

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A Mother's Love Saves Baby

A tumor on the face of a fetus threatened his life, then U. of Miami doctors made a miracle happen at his birth thanks to the baby's mother's faith and love.

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Inside Look - Treasuries Headed for Second Monthly Decline

Interview with PIMCO Managing Director Paul McCulley (Bloomberg News)

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Morning Show Roundup 5/29/09

Morning Show Roundup 5/29/09

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Morning Show Roundup 5/29/09

Morning Show Roundup 5/29/09

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Inside Look - Finding the Bottom

Interview with 2006 Nobel Prize in Economics Winner Edmund Phelps (Bloomberg News)

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More Bang For Your Gas Bucks

Small driving tips and a nifty gadget can help families go on a "gas diet." Consumer correspondent Susan Koeppen explains more to Maggie Rodriguez.

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Obama Speaks on Cyber Infrastructure

Live! From the White House: President Barack Obama Holds News Conference [FULL CLIP - 14:50] (Bloomberg News)

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GM Revs Up For Bankruptcy

General Motors plans to file for bankruptcy on June 1, reports Kelly Wallace. Harry Smith talks to Sen. Richard Shelby from the senate banking committee about the U.S. taxpayer's stake in GM.

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PA Woman May Face Felony

The Pa. woman who faked abduction and fled to Disneyworld with one of her daughters may have taken co-workers' 401 (k) money, reports Priya David.Maggie Rodriguez speaks to legal analyst Lisa Bloom.

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In-Depth Look - The Currency Report

Interview and discussion with Daniel Tenengauzer of the Bank of America Merrill Lynch. He shares his ideas in today's Dollar weight and value in the economy. (Bloomberg News)

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In-Depth Look - VIX In The Market

Interview and discussion with Matt Shapiro of the Stutland Equities. He says that the VIX is one of the important barometers right now. The VIX went down for about 28 weeks and went up from 20 to 80 when we had collapse of the market. (Bloomberg News)

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In-Depth Look - Michigan Confidence Data Reaction

Interview and discussion with Christopher Low of FTN Financial. He says that the sentiment numbers are up but not nearly as much as the board survey. (Bloomberg News)

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J Crew Beats Estimates

The first lady, Michelle Obama goes to fashion and it is one of retailer's best performing stocks this year. (Bloomberg News)

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Market Open 5.29

Lydia Thew is live in the New York Stock Exchange with the latest in the market. (Bloomberg News)

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In-Depth Look - GM Bankruptcy Looms

Interview and discussion with Edward Altman of the NYU Stern School of Business. He talks about how the General Motors will play out in the next 60 to 90 days. (Bloomberg News)

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Magna Emerging As Leading Bidder For Opel

The Germany minister has made remarks that Magna might get Opel. (Bloomberg News)

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Tancredo calls La Raza "Latino KKK"

Tancredo calls La Raza "Latino KKK"

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In-Depth Look - Home Loan Rates Jumps To Highest Level

Interview and discussion with Nicolas Retsinas of the Harvard's Joint Center For Housing Studies. He talks about the housing lumps in the economy. (Bloomberg News)

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POLITICO Playback 5/29/09

POLITICO Playback 5/29/09

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In-Depth Look - Bond Vigilantes Return

Interview and discussion with Edward Yardeni of the Yardeni Investments. He talks about the bond vigilantes in the economy. He says that the vigilante is more powerful today than they ever have. (Bloomberg News)

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In-Depth Look - GDP Revised Data

Interview and discussion with Joel Naroff of the Naroff Economic Advisors. He talks about the G.D.P. numbers that were slightly weaker than expected. (Bloomberg News)

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What if Kobe Vs LeBron Doesn't Happen?

People would love to see Kobe and LeBron match up in the N.B.A. finals. (Bloomberg News)

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Target Shareholders Defeat Activist Ackman

Bill Ackman lose his battle to take control of target's board in what was one of the most costly proxy battles in history. (Bloomberg)

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In-Depth Look - Treasuries Rise As Yields

Interview and discussion with Kevin Flanagan of the Morgan Stanley Global Wealth Management. He talks about the 10-year yield note that rises to 3.6% this month. (Bloomberg News)

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Another Spike Higher In Mortgage Rates

The bond market has ignited a spike in mortgage rates and that could snuff out the recent increase in home sales. (Bloomberg News)

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In-Depth Look - US Dollar, Treasury Markets Under Assault?

Interview and discussion with Keith McCullough of the Research Edge. He shares his thoughts about the bond vigilantes in the economy. He talks about the Dollar, the Fed, the bond and the treasury department. (Bloomberg News)

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Chrysler's $2B Fiat Deal Could Close Today

Chrysler could see its deal to Fiat closed today. It is expected regulators will approve the transaction. (Bloomberg News)

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NFL,NBA Talking About Draft Moves To Los Angeles

The N.F.L. and the N.B.A. player draft of the annual marquee events in New York. The N.F.L. draft is at radio city music hall. (Bloomberg News)

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Facebook's Worth

Facebook does a deal with a group of Russian investors. All of a sudden the social networking company is valued $10 billion. (Bloomberg News)

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In-Depth Look - Strength Of The Dollar

Interview and discussion with Benedikt Germanier of the UBS AG. He gives his thoughts on our Dollar economy. Dollar is losing ground today to the Euro and to the Yen. (Bloomberg News)

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Kansas Teen Is New Spelling Champ

They crowns the newest national spelling bee champ. (Bloomberg News)

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Hicks May Sell Texas Rangers

Billionaire Tom Hicks could end in selling a majority stake in his Texas Rangers basketball team after they miss the payments on $520 millions on loans. (Bloomberg News)

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ICAP's 'Radiohead' Strategy

When they release their "In Rainbows" album they tell people to pay what they want for done loads. (Bloomberg News)

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Eric Dinallo Steps Down

The most important regulatory job in the U.S. insurance industry is now vacant. Eric Dinallo resigns. (Bloomberg News)

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Banks May Lose $168B By Selling Toxic Loans

Banks could lose $168 billion by selling toxic loans to government's P.P.I.P. (Bloomberg News)

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London Or Paris?

London or Paris could become hub for Madoff lawsuit settlements. (Bloomberg News)

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Three Major Kazakhstan Banks Defaults Over Six Weeks

Kazakhstan has its three major banks falling. (Bloomberg News)

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Jeremy Taylor Left?

Jeremy Taylor has left Merrill Lynch. (Bloomberg News)

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Asian Market Check

Asian stocks are posting their largest advance in two years. (Bloomberg News)

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Cavs Top Majic, Stay Alive

Lebron James and the Cleveland Cavaliers stay alive in the NBA playoffs. (Bloomberg News)

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RH Donnelley Files For Bankruptcy

R.H. Donnelly files for bankruptcy. The company misses a $55 million interest payment of its senior unsecured notes. (Bloomberg News)

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Starbucks Rent Reduction Efforts

Starbucks is pushing its landlords for a rent redetection of as much as 25%. (Bloomberg News)

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Billionaire Mark Cuban Sues SEC

The war of nerves between Mark Cuban and the S.E.C. is getting nastier. The Dallas Maverick's owner sues them saying they are withholding documents about an insider trading probe of him. (Bloomberg News)

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AOL Worth Half Of Facebook, 5% Of Google

A.O.L. is worth half of much of Facebook and 5% of Google. (Bloomberg News)

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Gross Gives Advice To Harvard, Yale

Bill Gross has some investment advice for Harvard and Yale. He says they may need to reduce their investment in private equities and hedge funds. (Bloomberg News)

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European Market Check

European stocks are taking back what they have lost yesterday. (Bloomberg News)

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1Q GDP Due

The economy may probably shrinks by 5.5% in the first three months of 2009. (Bloomberg News)

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Bond Vigilantes Are Back

Bond vigilantes are back in full force from Beijing to Wall Street, they are pushing up interest rates by aggressive selling treasury bonds. (Bloomberg News)

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Opel May Face Insolvency

General Motor's Opel is fighting to protect itself from getting dragged into bankruptcy. (Bloomberg News)

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GM Prepares For Bankruptcy

General Motors will file chapter 11 on Monday, June 1. This is a new chapter for G.M. which reigned supreme from 77 years as a world number one automaker until last year. (Bloomberg News)

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Spanish youth turned off by European elections

Like their peers across Europe, young Spanish voters are showing little appetite for the European Parliament election being held in the country on June 7.

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Sex change ban lifted in Cuba

It’s something that hasn’t been done on this island in more than 20 years, when it happened only once and elicited a major scandal. But today, sex changes are again available in Cuba. President Raul Castro’s daughter Mariela, who is head of the country’s National Center for Sexual Education, has spearheaded the fight in a country well-known for its machismo.

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Politics- MSNBC- The New York Times Edition

John Harwood talks with Times reporters about cyber defense, the former president's interrogation policy and the first lady's role.

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Barack Obama- President Obama on NBC Nightly News

Brian Williams interviews on President Obama on May 29, 2009, regarding Judge Sonia Sotomayor's remarks on race. (Video: NBC)

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N.y./region- New York Police Shooting Investigated

N.y./region: New York Police Shooting Investigated

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The Minimalist- Fresh Strawberries With Almond Sauce

Mark Bittman prepares a custard tinged with toasted almonds to serve on top of strawberries.

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Massive outpouring of grief for SKorean ex-leader

Thousands of weeping South Koreans packed the streets of Seoul to pay last respects to former president Roh Moo-Hyun, who jumped to his death while being investigated in a corruption scandal. Raw images.

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Obama meets Palestinian president

US President Barack Obama on Thursday said he was "confident" of progress in the Israeli-Palestinian peace process, after his first talks with Palestinian president Mahmud Abbas at the White House.

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Subversive style in wartime France

Anne Guigan is 91 and still as elegant as she was during World War II when she lived in German-occupied Paris, a city strangled by shortages and rationing. Back then, women used ingenuity to keep fashion alive, not least to demonstrate resilience in face of the enemy.

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British sensation Susan Boyle 'considered quitting'

Scottish singing sensation Susan Boyle has considered quitting the British TV talent show that has rapidly brought her worldwide fame, according to one of the judges. If she does turn up to Saturday’s final, she will be favourite to win. So what do the British make of their new pop idol?

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New York City's Eco-crime fighters

New York City is getting tough on eco crime. Every day officers dressed in green uniforms patrol the city to make sure no one is breaking environmental laws. Historically focused on hunting and fishing violations in Upstate New York, the force has been around since 1880. Now they’ve moved to the city, where they patrol the streets armed with guns and handcuffs. Polluter’s beware- if you harm the environment you just might get caught.

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In Lebanon, it's football without the fans

Flare-ups at football games are the makings of front-page news coverage worldwide -- but not in Lebanon. In a bid to rein in match-related violence in a country rife with political tension, football organisers have been holding their games inside locked stadiums, without a crowd. Clubs say they're losing a fortune in tickets sales.

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New Beatles museum opens in Hamburg

A new museum dedicated to the Beatles opened in Hamburg on Friday, 49 years since the band, at that time a five-piece with no Ringo Starr, first played in a run-down strip club in the German city. The museum, called Beatlemania, includes five floors of artefacts and interactive exhibits and is in the same seedy Reeperbahn area of Hamburg where the band appeared during five different stints between 1960 and 1962.

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Escargot, a gourmet delight... from Nigeria

Escargot is not a specialty reserved for the French. Nigerian-style snails, prepared with local spices, are a delicacy enjoyed in several parts of the country. And compared with their French counterparts, the snails are 10 to 15 times bigger.

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Germans struggle for motivation in EU elections

No issues, no interest, no voters. The European Union is holding a crucial election in less than a week, but only a third of all eligible voters are expected to show up. The paradox is that while Europeans are busy doing other things beside voting, the election is probably the most important ever, with the EU struggling to emerge from economic crisis and reform its cumbersome organisation. AFPTV looks at the view from Germany, which holds the most seats in Europe's parliament.

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Chinese inventor promotes 'electronic cigarettes'

In China, home to 350 million smokers, one company has started manufacturing electronic pipes, cigarettes and cigars, promoting them as a "safe" alternative to the real thing. But does it really work?

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On the road with French activist Jose Bove

It's not easy making EU politics up-close and personal for French voters, but that's what anti-globalisation activist Jose Bove is aiming to do. AFPTV follows his campaign across the Aveyron region of southwestern France.

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Thursday, May 28, 2009

Goodbye Roh Moo Hyun

South Korea bids goodbye to Roh Moo Hyun in public funeral. (Asia Confidential)

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GM Bankruptcy

GM said plan June 1 bankruptcy as bondholders' bank new offer. (Asia Confidential)

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PROTOTYPE

An all-new, third-person open-world/action game, PROTOTYPE lets gamers feel the power of being the ultimate shape-shifting weapon.

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King Of Fighters 12

Brought to you by SNK PLAYMORE and Ignition Entertainment by way SCEA, KOFXII is the latest in this popular fighting game series for the PS3 console.

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Bennett's Currency Picks

Analysis and discussion with Patrick Bennett of Societe Generale Currency Strategist. He talks about currency performance. (The Bloomberg Edge)

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Asian Stock Market

The Asian index is up about 4%. Oil companies rise after crude climbs to a six-month high that follows OPEC's decision to keep output unchanged. (The Bloomberg Edge)

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Emerging Market Stocks

Emerging markets give lower risk than U.S. stocks. (The Bloomberg Edge)

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New York's Newest Ballpark

The opening night at New York's newest ballpark doesn't have luxury boxes or fancy restaurants. As Jim Axelrod reports, it was built for kids, by some adults who created a true diamond in the rough.

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Delaying Children's Healthcare

In a CBS News poll, one out of 10 people said they delayed medical or dental care for their children. Kelly Cobiella continues our series, in partnership with USA Today, "Children of the Recession."

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North Korea Nightmare

North Korea followed up its nuclear test with war-like threats. The U.S. is unaware what the North Koreans want, but chances are, they're trying to test the Obama administration. David Martin reports

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Hospital Dying For Cash

The Beth Israel Deaconess Medical Center in Boston made its name by caring for its patients, but now they're caring for each other after a $20 million deficit. Richard Schlesinger reports.

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Gains In Metals

Analysis and discussion with Alex Passmore of Paterson Securities Head of Metals & Mining. He discusses about precious metals values. (The Bloomberg Edge)

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Soldiers Suicides Skyrocket

A disturbing number of soldiers are committing suicide at Fort Campbell, Ky., and army commanders are baffled as to why. The base was put on stand down to focus on suicide prevention. Don Teague reports.

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Driving A Hard Bargain

The government released a roadmap for a GM bankruptcy, laying out a plan that gives the government a 72 percent stake in the new GM. The government is driving a hard bargain. Anthony Mason reports.

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GM Ruining Lives

GM workers are being asked to agree to more sweeping reductions in retiree benefits. Current workers will see no cost of living adjustments and no performance bonuses. Cynthia Bowers reports.

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Currencies Growth Story

The Brazilian Real has been the best performer globally; it is up to 16% year to date. (The Trade)

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Swine Flu Spreading

Singapore confirms first case of Swine flu. (The Trade)

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S&P Outlook

John Bogle says stocks may take 10 years to reach new records. (The Trade)

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Currency Trend

The currency fell initially on a C.T.I numbers which suggested a possible prolonged state of deflation for the Japanese economy and that B.O.J may actually take longer to exit its very accommodative monetary policy. (The Trade)

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Trading In Tokyo

Report and analysis with Rocky Swift of Bloomberg News. He talks about the market movers in Tokyo. (The Trade)

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Australia's Bull Market Rally

The ASX is up more than 20% since it hits a low in March and that's the technical definition of a bull run which means investors want to buy into the big caps at lower valuations. (The Trade)

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Notebook- Prom

Katie Couric speaks about prom. Everyone has specific memories about their prom, for Katie it was dancing to 'stairway to heaven'. These days, however, prom committee's are cutting costs.

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Newsbreak- GM Set For June 1st Bankruptcy

GM to file for bankruptcy, fatal explosions in Pakistan, singer Chris Brown on defense

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Obama meets with Abbas

Obama meets with Abbas

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U.S. Soldiers On Alert

Thousands of U.S. soldiers are on alert following threats of military strikes from North Korea. The nation continues to shrug off international outrage about its nuclear program. Joel Brown reports.

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inFAMOUS

Exclusive for the PS3, "inFAMOUS" is first person action adventure game from SCEA's renowned Sucker Punch Productions.

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Spotlight - Infosys Technologies

Exclusive Interview with CEO/Co-Founder Senapathy Gopalakrishnan (Taking Stock)

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Spotlight - Betsson AB

Online Gambling - Interview with CEO Pontus Lindwall (Taking Stock)

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U.S. Wild About Harry

Prince Harry will visit the U.S. for a charity event to raise money for AIDS orphans in Africa. Elizabeth Palmer reports.

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Tex-Mex Fish Tacos

Grilling champ Bobby Flay demonstrates how to grill fish steaks like tuna and swordfish that can be used for tex-mex style cooking such as tacos.

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New Yorker Cover Via iPhone

An iPhone application called Brushes was used to create this week's New Yorker magazine cover. The magazine has featured iconic drawings on its cover for close to a century.

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Sector Focus - Banking

Future of the U.S. Banking System - Interview with Richard Bove of Rochdale Securities (Taking Stock)

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Last Minute Negotiations At GM

Bondholders may prevent GM from filing for bankruptcy in last minute negotiations. But, as Jill Schlesinger reports, bondholders may opt to take their chances in court.

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Inside Look - Executive Pay at Financial Companies

An In-Depth Look at "The Finance 50"; Further Analysis and Discussion with Columbia University Professor John Coffee (Bloomberg News)

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Market Movers - Novell, Marvell Technology, Esterline

Novell Beats on Profit Front, Misses on Revenue Front; Marvell Beats Estimates, Sees Improvement in Order Pattern; Esterline Lowers 2009 EPS Forecast (Bloomberg News)

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Gibbs and Takes 0528

Gibbs and takes 0528

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Inside Look - Green Shoots or No?

Roundtable Discussion Featuring Roger Kubarych of Unicredit Global Research and Richard Hoey of Bank of New York-Mellon (Bloomberg News)

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Earnings Watch - Dell

Dell Reports 1Q EPS - Act. Ex-Items $0.24 vs. Est. $0.23 (Bloomberg News)

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Market Close 5.28

Chrysler Chairman Says Sale of Assets to Fiat Could Happen as Early as Tomorrow; S&P Rises 1.5%; Dow and Nasdaq Each Rise 1.2%; Energy and Financials Best Performers of the Day, Consumer Discretionary Worst Performer (Bloomberg News)

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We Can't Afford Not to Modernize the Health System

The question isn't whether we can afford health reform it's whether we can afford not to fix our broken system. Karen Davenport explains why kind of budget savings health reform would bring and when we would start seeing them.

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Female Health Taboo Explored

Millions of women suffer from urinary incontinence, where urine is leaked from the bladder. Dr. Jon LaPook speaks with two gynecologists about how this common condition can be treated.

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Hi-Tech Baby 'Rattles'

CNET's Natali Del Conte shares tips with Maggie Rodriguez for kid-friendly gadgets and applications, including apps that turn an iPhone into a baby rattle.

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Inside Look - Target's Shareholders Re-Elect Directors

Live! From Target Shareholders Meeting in Waukesha, WI: Interview with Pershing Square CEO Bill Ackman (Bloomberg News)

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Time Warner to Spin Off AOL

AOL Created Series of Setbacks for Time Warner, Including Shareholder Lawsuits, Regulatory Probe, and Declining Sales (Bloomberg News)

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In-Depth Look - Target Shareholders Re-Elect Company Slate

Reaction with David Strasser of Janney Montgomery Scott (Bloomberg News)

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Spotlight - Bridgepoint Education

Bridgepoint Up 15% One Month After IPO - Interview with CEO Andre Clark (Bloomberg News)

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Gibbs jab at British press

Gibbs jab at british press

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Inside Look - GM to File Chapter 11 on Monday

Interview with Sen. Jack Reed (D) of Rhode Island (Bloomberg News)

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Commodities Outlook - Foods On an Upswing

Analysis and Discussion with ICE Futures U.S. President Thomas Farley (Bloomberg News)

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Sector to Watch - Insurance

Torchmark Rallies After Fox-Pitt Kelton Upgrades Shares; Morgan Stanley Upgrade on Some Insurance Stocks Sends Overall Shares Higher After March Lows (Bloomberg News)

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Science Shows White Can Cool

Bill Nye the science guy demonstrates how white cools hot buildings and global warming. (05/28/09)

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Broadway Season A Runaway Hit

The array of Hollywood stars seems to be box office gold for The Great White Way with a record number of shows and ticket sales, reports Bianca Solorzano.

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Investment Strategies - Healthcare, Defense

Analysis and Discussion with Bruce Berkowitz of Fairholme Capital Management (Bloomberg News)

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Economic Indicators Are Rising

Consumer confidence is up and retailers are hoping customers will begin spending more money, reports Susan Roberts.

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Adam Lambert's 'Mad World'

American Idol runner-up Adam Lambert is all song and has only praise for rival Kris Allen. He talked with Maggie Rodriguez and performed one of his signature hits from the show, "Mad World."

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Inside Look - Mortgage Delinquencies Rise

Mortgage Delinquencies, Foreclosures, and 30-Year Rates Increase - Interview with Mortgage Bankers Association Chairman Jay Brinkmann (Bloomberg News)

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Sector to Watch - Hotel Stocks

Goldman Sachs Makes Bullish Call on Hotel Stocks, Upgrades Lodging Sector from Neutral to Attractive, Starwood Hotels Upgraded to "Buy"; Carnival Corp. Shares Down Over 3% After Passengers Come Down with Swine Flu (Bloomberg News)

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Student Loan Help Tips

Chris Wragge spoke with Ray Martin about what to do if you are unable to immediately pay off student loans.

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Kids Helmet Safety

Consumer correspondent Susan Koeppen showed Maggie Rodriguez different types of helmets for different activities.

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First Look - Chanos Shorting Healthcare

Excerpt of Interview with Jim Chanos of Kynkios Associates (Bloomberg News)

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Recap - Ira Sohn Research Conference

David Sokol Sees "Shadow Backlog" of Foreclosures; According to David Einhorn, Banks Have Not Marked Their Loans Down Sufficiently (Bloomberg News)

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General Motors to File For Bankruptcy Protection

Exclusive Coverage - According to People Familiar, GM's Chapter 11 Filing Date Set for June 1st; Reaction with (Bloomberg News)

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Morning Show Roundup 5/28/09

Morning Show Roundup 5/28/09

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The Currency Report - New Zealand Dollar, Japanese Yen

Kiwi Gains as S&P Raises Debt Outlook, Says Budget Shows "Sound Position"; Yen Falls as Japanese Investors Boost Foreign Purchases (Bloomberg News)

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