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Tuesday, June 30, 2009

Evening News Online, 06.30.09

Tuesday: The FDA warns against use of popular painkillers Vicodin and Percocet; And, Al Franken is declared Minnesota's new senator after a contentious 7-month battle.

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China Web-Filtering Delay

China postpones deadline for pre-installing Green Dam internet filtering software. (Asia Confidential)

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Obama Will Force A GE Split

GE may be top recipient in U.S government and debt guarantee program. (Asia Confidential)

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GM Plaintiffs Take Back Seat

Accident victims and others suing General Motors are ending up at the back of the line for payments under GM's bankruptcy reorganization, reports Randall Pinkston.

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Gains In European Stocks

Analysis and discussion with Willem-Mark Nabbaro of Exane BNB Paribas Head of European equities. He talks about the gains and stocks on European market. (The Bloomberg Edge)

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Iraqi Forces Take Over

American troops have stepped aside in most major cities in Iraq, allowing that nation's armed forces to take command there. CBS News chief foreign affairs correspondent Lara Logan reports.

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Seller's Sales Strategies

The recession has changed many American's buying habits dramatically. Anthony Mason shows us how one of America's biggest stores is changing its sales strategy in the series, 'Life After Debt'.

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Australia Bank's Return On Equity

Australia's banking group moves closer to buys World Bank of Scotland unit across the Asia pack. (The Bloomberg Edge)

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Japan May Exit Shipbuilding

Dryships says Japan is about to exit shipbuilding within 5 to 10 years. (The Bloomberg Edge)

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Franken Wins Senate Seat

Nearly eight months after voters went to the polls, the Minnesota Senate race has finally yielded a winner: Democrat Al Franken. Chip Reid reports.

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New Warnings About Painkillers

The Food and Drug Administration has suggested that there are increased dangers associated with popular prescription painkillers Vicodin and Percocet, along with acetaminophen. Nancy Cordes reports.

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Inside Look On Asian Market

Marc Faber recommends Asian stocks on Dips, commodity stocks and tourism stocks. (The Trade)

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VIX Below Lehman Bankruptcy Level

The VIX index fall to its lowest level since the collapse of Lehman Brothers. (The Trade)

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Madoff May Be Headed For High Security Prison

Madoff faces harsher imprisonment than corporate predecessors. (The Trade)

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Exclusive Video- Ex-CIA Rapist

Ex-CIA agent Andrew Warren leaves a Washington, DC courthouse today after being charged with rape.

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Stanford To Wait In Jail For Fraud Trial

Stanford will stay on jail while waiting until his trial; he's accused of leading a $7 billion Ponzi Scheme. (The Trade)

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Vietnam Asia's Best Performer In Second Quarter

Industries on rubber, motors and a property corner, royal international are the company that has interest in casino that is relevant point that pushes Vietnam stocks up. (The Trade)

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Dollar Rise Against Most Major Currencies

The dollar rise up to 0.4% as the most of the week and consumer confidence shows the unexpected drop on its rating. (The Trade)

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Economy Is On Path Of Recovery

The stocks rebound from a record low, still the second worst reading in a decade of negative 48 which is better from the past three months. (The Trade)

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Notebook- Iraq

Katie Couric speaks about the final withdrawal of U.S. troops from major Iraq cities. Iraqis greeted the day with celebration, but as the troops are leaving, violence is increasing.

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Spotlight - Banco Espirito Santo

Interview with General Manager Moses Dodo (Taking Stock)

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Emerging Markets Spotlight - Brazil, Latin America

Analysis and Discussion with Geoffrey Dennis of Citigroup (Taking Stock)

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Commodities Outlook - Corn Plummets on USDA Report

2009 Crop Report - Roundtable Discussion Featuring Central States Commodities President Jason Britt (Bloomberg News)

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Spotlight - Google

Live! From Aspen, CO: Exclusive Interview with Google CEO Eric Schmidt (Bloomberg News)

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Economic Expectations - Unemployment Rate Yet to Peak

Analysis and Discussion with Chris Rupkey of Bank of Tokyo-Mitsubishi UFJ (Bloomberg News)

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Market Close 6.30

S&P and Nasdaq Each Fall Less Than 1%, Dow Falls Around 1%; Telecom and Industrials Worst Performers of the Day; Al Franken Officially to Be Sworn in as a Senator of Minnesota After Coleman Concedes (Bloomberg News)

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In-Depth Look - Delinquencies Double on Least-Risky Loans

Roundtable Discussion Featuring David Joy of RiverFront Investments (Bloomberg News)

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Bobby Flay's Fancy Food Finds

TV host and chef Bobby Flay showed off some of the great new foods featured during New York City's Fancy Food Show.

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A Special 48 Hours

CBS News examines the mystery surrounding Michael Jackson's death and the many questions that remain. Tonight at 10 ET/PT.

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Help For Your Summer Hair

The sun's damaging effects on hair can be thwarted with special hair care products, Kristin Perrotta from Allure magazine explains more to Maggie Rodriguez.

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Nifty Camping Gear

Whether at a park or in your backyard, there's plenty of products to make your camp experience fun, says Paul Hochman from Fast Company magazine.

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Heart Stem Cells Show Promise

Eating disorders for pre-teens are alarmingly too common, reports Terrell Brown. Maggie Rodriguez speaks to Elizabeth Shaw from Parenting magazine.

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California Confronts Deficit Deadline

California Fiscal Year Begins Tomorrow with No Budget Plan in Sight; Meanwhile, U.S. Lets California Set Auto Emission Standards (Bloomberg News)

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Recap - AIG Shareholder Meeting

AIG's Outgoing CEO Ed Liddy Says Company in Better Shape vs. Several Months Ago, Says Company Has "Excellent Chance" to Repay U.S.; AIG Says Derivatives Loss Risk May Last Long and Have Little Adverse Effect on Results (Bloomberg News)

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Megan Fox's Transformation

Harry Smith spoke with actress Megan Fox about her role in the blockbuster Transformers sequel.

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Al Franken Wins Minnesota Court Ruling Over Senate Seat

According to Court, Franken Entitled to Receive Election Certificate (Bloomberg News)

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Special Report - Singing Away the Summer

U.K Summer Music Festival Business Growing at an Alarming Rate (Bloomberg News)

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Spotlight - Best Western International

Holiday Spending on Hotels - Interview with Best Western CEO David Kong (Bloomberg News)

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In-Depth Look - GE Breaks Into Stem Cell Research

GE Teaming Up with Geron; The Goal is to Develop and Test New Drugs in Vitro (Bloomberg News)

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'Tweenorexia' on the Rise

Eating disorders for pre-teens are alarmingly too common, reports Terrell Brown. Maggie Rodriguez speaks to Elizabeth Shaw from Parenting magazine.

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Sector to Watch - Utilities

Utilities Biggest Drag on Market; Both Citigroup and Barclays Downgrade Southern Co. (Bloomberg News)

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Housing Outlook - Home Prices Falling at a Slower Pace

Impact of Rising Mortgage Rates - Interview with Robert Shiller, Co-Creator of the S&P/Case-Shiller Home Price Index (Bloomberg News)

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In-Depth Look - Change at the Top?

Days of Celebrities on Corporate Boards May Be Numbered as SEC to Propose Tighter Rules on Board Members (Bloomberg News)

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Spotlight - Duke Energy

Exclusive Interview with CEO Jim Rogers (Bloomberg News)

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Jackson's Will to be Filed

Maggie Rodriguez speaks to Michael Jackson biographer J. Randy Taraborrelli and legal analyst Lisa Bloom about how the pop star's estate will be handled if his attorney files a will said to exist.

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Farrah's Photoshoot Outtakes

Celebrity photographer Bruce McBroom took the now infamous photo of Farrah Fawcett before her breakout role in Charlie's Angels. Sandra Hughes reports.

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In-Depth Look - Those Poor Oil Companies

Tough Times for Oil Drillers on Account of Too Many Rigs, Exploration Budgets Way Down, and Full Oil Storage; Day Rates for Jack-Up Rigs Down 30-50%, 21% of World Jack-Up Fleet is Idle (Bloomberg News)

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Yemeni Plane Crash

From 163 passengers, one child survives a flight from Yemen to Madagascar that crashed in the Indian Ocean, reports Elizabeth Palmer.

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Inside Look - Legg Mason Midyear Investment Outlook

Interview with Steven Bleiberg of Legg Mason Global Asset Allocation (Bloomberg News)

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Iraq Takes Control of Cities

U.S. troops in Iraq will remain on base unless called in an emergency now that Iraq's security forces are in control of its cities, reports Lara Logan.

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The Currency Report - Brazilian Real

Real Poised for Biggest Quarterly Gain in Fifteen Years (Bloomberg News)

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Fight For Jackson's Estate

Michael Jackson's mother was granted temporary guardianship over her son's estate and children, Ben Tracy reports. Family attorney Brian Oxman commented on Michael's relationship with his father.

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Madoff's Attorney Speaks Out

Harry Smith spoke with Bernie Madoff's attorney Ira Lee Sorkin about his client's 150 year sentence.

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Is Ruth Madoff Next?

With Bernie Madoff jailed, prosecutors will now focus on business associates including his wife, Ruth. Jeff Glor reports.

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Preview - 2Q Earnings Season

Analysis and Discussion with Howard Silverblatt of S&P: Earnings That are "Less Bad" in 4Q Will Not Be Good Enough (Bloomberg News)

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Flying Upside Down- Charting the Course



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Evening News Online, 06.29.09

Monday: Disgraced financier Bernie Madoff is sentenced to 150 years in prison for his massive Ponzi scheme, the worst in history; Plus, Michael Jackson's estate now in question.

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In-Depth Look - Health-Care Reform

Interview and discussion with the Former Congressional Budget Office Director, Douglas Holtz-Eakin. He says we spend too much on health-care. (Bloomberg News)

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Flying Upside Down- Staying the Course



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Vaccine Maker Vical - Big Mover

Vical proves that they can make a drug that can protect us from swine flu. (Bloomberg News)

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In-Depth Look - The China Perspective

Interview and discussion with Yichen Zhang of the C.I.T.I.C. Capital. He gives his perception regarding China's financial stability. (Bloomberg News)

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Market Open 6.30

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

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AIG Shareholders Meet

A.I.G. host is first shareholders meeting since they receive more than $180 billion and a government bailout. (Bloomberg News)

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Ruth Madoff's $2.5 Million

Ruth Madoff receives $2.5 million from justice department settlement. (Bloomberg News)

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M&A Green Shoots

Credit markets continue slowly thaw out. Record bond sales and gains of 40% in the s&p 500. (Bloomberg News)

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In-Depth Look - Rising Costs Of Health Care

Interview and discussion with David Walker of the Peter G. Peterson Foundation. He says that the single largest challenge to our fiscal future, if not gotten right, could bankrupt America. (Bloomberg News)

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Administration Pushes Need For Health-Care Reform

The Obama Administration pushes the health-care reform to the voters. (Bloomberg News)

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Jackson's Mother Gains Limited Control

A Los Angeles court gives Jackson's mother limited control on her sons belongings. (Bloomberg News)

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General Mills Increases Dividends

General Mills says they will increase their quarterly dividend, 47 cents from 43 cents. (Bloomberg News)

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Airline With Nothing To Hide

Air New Zealand finds a way to get passengers to pay attention by having a video showing people naked with only paints and seat belts. (Bloomberg News)

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In-Depth Look - Currencies Gain The Markets' Attention

Interview and discussion with David Woo of the Barclays Capital. He says the Dollar will continue to fall. (Bloomberg News)

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Twins Slam By Credit Turmoil

Minnesota Twins transfer four million dollars to a fund for its new stadium. (Bloomberg News)

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Murray No Fan Of Tennis Roof

Aandy Murray says even though he win the enclosed stadium made it seem as though he was playing in a bath. (Bloomberg News)

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Yao's Career In Danger

The career of N.B.A. star Yao Ming could be threatened by a foot injury. (Bloomberg News)

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Small School Beat the Ivies

Ivy League Colleges envies by small schools for the ways that they manage their endowments. (Bloomberg News)

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Jon & Kate May File Lawsuit

Jon & Kate may file lawsuit against broadcasters. (Bloomberg News)

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Fed Chairman Benanke's 'Green Shoot' Lexicon

Green shoots glow both ways, blossoming and also in danger of withering. The term inspires consumer confidence. (Bloomberg News)

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Credit Picture In Kazakhstan

Kazakhstan commodities in boom. (Bloomberg News)

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Borat Vs. Kazakhstan

Kazakhstan fights "Borat" image with $1.5 million lobbying campaign. (Bloomberg News)

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Auto Sales May Top 10M Annual Rate In June

Auto sales were more than 10 million. It is down about 26% from a year ago but sales are being helped by low interest rates and improving consumer confidence. (Bloomberg News)

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J&J Wins Record Verdict Against Abbot Labs

Johnson & Johnson wins a huge patent suit against Abbott Labs. (Bloomberg News)

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Turkey Struggles With Unemployment, Plunging GDP

Turkey and the European Union push ahead with membership talks despite strong opposition from European Leaders. (Bloomberg News)

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Home Prices Fall

Home prices in major U.S. cities probably fall on foreclosures. (Bloomberg News)

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Asian Market Check

The biggest quarterly rise since the index was created 21 years ago. Mining stocks surges. Copper doing its best in the 1 year. Oil stocks also climbing. (Bloomberg News)

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Hong Kong Disneyland Expands

Disneyland in Hong Kong is expanding. Three new attractions will be added over the next five years at the cost of about $5 million. (Bloomberg News)

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Climate Plan Faces Challenge In Senate

President Obama says he is confident congress will complete work on climate legislation but he says the effort still faces significant hurdles in the senate. (Bloomberg News)

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Yemeni Plane Crashes

Yemeni airliner crashes in the Indian Ocean. Authorities say some of the bodies are recovered, most of the passengers aboard the plane are French and Comoron. (Bloomberg News)

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Iraq Auction Oilfield Contracts To Foreign Companies

Iraq welcomes oil companies for their oil after expelling them for three decades. (Bloomberg News)

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Zelaya Seeks UN Help

Honduras ousted President expects to speak to U.N. today to ask them to return him into power. (Bloomberg News)

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US Combat Troops Exit Iraqi Cities

U.S. combat troops pull out of towns in cities in Iraq turning over control to Iraqi police. (Bloomberg News)

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Stanford Bail Decision Today

Accused swindler Allen Stanford may find out today if he will make bail. He's been in jail in Houston, Texas, for 12 days accused of defrauding at least 30,000 investors in a scheme involving the sale of deposit certificates. (Bloomberg News)

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Harsh Prison Life Expected - Madoff

Bernard Madoff gets 150 years in prison. He was sentence for conning scores of investors out of billions of dollars. He may end up in a high security prison. (Bloomberg News)

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Jobs Returns With Little Fanfare

Steve jobs returns to work. Apple shares rise 67% since Jobs went on leave in January. Ryan Jacob says investors got use to Apple without Jobs' oversight. (Bloomberg News)

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European Market Check

U.K. consumer confidence hits 14-month high. G.D.P. contracts most since 1958. (Bloomberg News)

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Emerging Market Focus

CalPERS C.I.O. sees emerging market growth, raising allocations. (Bloomberg News)

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Three Decades Lost For Treasuries

Treasuries head for steepest first half loss in three decades. (Bloomberg News)

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S&P's Best Quarter Since '98

The S&P advances yesterday. Technology continues to gain ground for the year with a gain of around 20% overall. (Bloomberg News)

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Middle East- Iraqis Celebrate U.S. Troop Withdrawals

Iraqis celebrated the withdrawal of American combat forces with parades and a national holiday.

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Well- Eating on the Run- Deena Kastor

Elite marathoner, Deena Kastor, and Mark Bittman, food columnist at The New York Times, talk about food and running.

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City Room- Second Chance

Three monks living in exile in Utica, N.Y., continue the campaign for their country's democracy.

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Main U.S. Political Parties Seen by Many as Too Extreme

Forty-two percent of Americans say the political views of the Democratic Party are "about right," more then the 34% who say the same about the Republican Party.

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Brain drain no more as young Nigerians return

More and more Nigerians, who had left home to study and work abroad, are choosing to return to their roots. With the credit crisis biting in Europe and the States, the phenomenon appears to be gathering pace.

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Battling Mexico's drug cartels

An estimated 10,000 people have died in Mexico in the last four years in drug-related violence, prompting fears that the country's cartel turf wars may spill over the border. The United States, the world's largest cocaine consumer, and Mexico are stepping up efforts to stem the cross-border flow of drugs and cash. AFPTV accompanies the Mexican army up to the border with Texas, where it is engaged in a fierce battle against the powerful cartels.

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Zipcar becoming an American staple

Carsharing has seen enormous success in the U.S. and a handful of other European cities. Zipcar, a company that lets customers borrow cars straight from the parking lot, is becoming a way of life for many Americans. This is a voiced version of an AFPTV report.

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Airliner crashes off Comoros with 153 aboard

A Yemeni Airbus jet carrying 153 people crashed into the Indian Ocean as it came in to land in the Comoros islands early Tuesday but rescuers pulled a child from the sea alive, officials said.

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Out of Iraq's cities, US troops hold on to its prisons

US soldiers have left Iraq's cities but are not yet giving up the three prisons where they hold more than 10,000 detainees on Iraqi soil. The guards at those detention centres will be American for at least another year, while Iraqis are trained to take up the job. AFPTV reports from Camp Cropper.

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Turkey opens new 'chapter' in EU membership bid

Turkey opened another chapter -- this time on taxation -- in Brussels on Tuesday, continuing its long and torturous quest to join the European Union.

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Iraqis take control as US troops leave cities

Iraqis celebrated as their troops they took control of towns and cities nationwide from departing US soldiers six years after the invasion. Prime Minister Nuri al-Maliki laid a wreath at Iraq's tomb of the unknown soldier inside the heavily-fortified Green Zone.

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Italy train inferno kills 16

Rescue operations are under way at the site of a train explosion in the Italian seaside town of Viareggio where 16 people have been killed and at least 36 injured. A train carrying liquid petroleum gas derailed late Monday, sending a fireball that engulfed nearby houses.

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When Greece tries to quit

Greece, Europe's heaviest-smoking nation, introduces a tobacco ban in public places on July 1, its third attempt in a decade to stamp out the country's love affair with cigarettes.

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Burkina Faso looks to GM cotton for growth

Cotton-producing Burkina Faso is looking to boost its production by using genetically modified plants. It's aiming to increase its GM fields tenfold, to 118,000 hectares, making it the second sub-Saharan African country to take up GM agriculture, after South Africa.

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Bangkok blind boy dreams of becoming a famous pianist

Eleven-year old Oy dreams of becoming a famous musician while studying at Bangkok's School for the Blind. But it's an uphill struggle for Thailand's half a million blind citizens.

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Comoran activists say air crash was predictable

Comoran activists say the air crash of a Yemeni Airbus A310 jet was predictable. The plane was carrying 153 people when it crashed into rough seas as it came into land in the Comoros islands early Tuesday.

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15 dead in rail accident in Italy seaside resort

Two rail tankers filled with gas exploded in a fireball after a train derailed in the Italian seaside resort of Viareggio on Monday night, engulfing nearby homes and killing at least 15 people.

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Baghdad parties ahead of US pullout

Tens of thousands of Iraqis partied amid tight security in Baghdad on Monday night, on the eve of the US troops pullout from Iraq's urban areas.

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Monday, June 29, 2009

TV's Willy Mays, 1958-2009

Katie Couric reports on the life and death of TV salesperon Willy Mays, who died in his home at age 50. Mays captivated audiences with his unique selling style.

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Heart Attacks And Stem Cells

Only On The Web: An interview with the doctor and patient who are involved in a new procedure involving stem cells and the heart.

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Hong Kong Handover Ceremony

Hong Kong named the world's freest economy for the 13th year by the Heritage Foundation. (Asia Confidential)

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Reverse Discrimination Ruling

In a five-to-four decision, the justices said white firefighters in Connecticut were denied promotions because of their race, violation of their constitutional rights. Wyatt Andrews reports.

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Japan Economy And Stimulus Measures

Japan gives $125 handouts to residents to stimulate spending. (Asia Confidential)

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Ruth Madoff Breaks Silence

Madoff admitted he never invested the money entrusted to him by investors, many of which lost billions. As for Madoff's wife, she was forced to give up her share of wealth. Jeff Glor reports.

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Madoff's Maximum Sentence

For all the years Bernard Madoff invested in his giant Ponzi scheme, he's drawn the maximum sentence. A federal judge ordered Madoff to prison for 150 years with no parole. Armen Keteyian reports.

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U.S. Forces Leave Iraq Cities

As part of an agreement with the Iraqi government, American military forces have withdrawn from most major cities in the region. CBS News' Lara Logan reports from Mosul.

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Stem Cells And Weakened Hearts

Over a million Americans suffer heart attacks every year and, as Bill Whitaker reports, a new procedure involving stem cells may potentially hold the key to rebuilding damaged hearts.

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361 Degrees Gain In Hong Kong

361 Degrees international gains 40 times oversubscribe by retail investors and raise a quarter billion dollars in Hong Kong. (The Bloomberg Edge)

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Vietnam Asia's Best Performer

Vietnam's home to Asia's best performing market in second quarter. (The Bloomberg Edge)

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Thaksin Supporters Stage Largest Rally Since April

10,000 people showed up to protest the constitution and the government imposed a state of emergency for almost two weeks. (The Bloomberg Edge)

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U.S Treasuries Set For Biggest Half Year Loss

Gains in corporate bonds and a global stocks rally cut demand for treasuries. (The Bloomberg Edge)

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Bernie Madoff Sentenced To 150 Years Behind Bars

The sentence is six times more than the penalties imposed on the Chief Executives of Enron and WorldCom. (The Trade)

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Emerging Markets Best Performers

The emerging markets index is up about 35% this quarter and most of these gains come from the return of risk appetites with most of the investors. (The Trade)

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Indonesian Stocks Gain Three Times Higher

Indonesian stock market considers as its best quarter since 1999 and has recovered from its loss last year. (The Trade)

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Inside Look On Japanese Stocks

Auto makers gain 2.5%, retail stocks also raise and household spending up into 0.3% for the first time in 15 months higher than a year earlier. (The Trade)

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Risk On Asian Currency

The risk appetite remains very strong into the second half of the year as the Asian currencies and high yielder continues to rally especially on commodity currencies. (The Trade)

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Notebook- Madoff

Orchestrating one of the largest financial schemes in history, Bernard Madoff was sentenced to 150 years in prison. Victims said they too face a sentence as they try to regain their life's savings.

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Cohen- Madoff Judge Overboard

CBS News legal analyst Andrew Cohen reacts to Bernard Madoff's 150 year prison sentence. Cohen believes that the judge was swayed by the testimony of the victims and not by legal precedent.

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Flying Upside Down- Wheels Down



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First Look - Tomberlin's "ANVIL"

Interview with Tomberlin Group CEO Mike Tomberlin (Taking Stock)

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Sector Focus - Industrials

Analysis and Discussion with Nicholas Heymann of Sterne Agee & Leech (Taking Stock)

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Companies Try to Dump Jets

Starbucks, Anheuser-Busch, and Coca-Cola Look to Rid of Corporate Jets

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Madoff Victims On Sentence

Some of Bernard Madoff's victims talk to Harry Smith about how his scam changed their lives forever and what they see as appropriate punishment.

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Flying Upside Down- Preparing for Takeoff



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Rubber Duck Derby

Thousands of rubber ducks raced down a creek during the Annual Duck Derby in Kansas City, Mo. The race helped raise money for the children's therapeutic learning center.

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Spotlight - Desarrolladora Homex

Live! From NYSE Trading Floor: Interview with Homex CEO Gerardo De Nicolas Gutierrez (Bloomberg News)

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Shia LeBeouf's Big Role

Harry Smith spoke with actor Shia LeBeouf about his blockbuster Transformers sequel.

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Market Close 6.29

S&P and Nasdaq Each Rise Less Than 1%; Dow Rises 1.1%; Financials and Energy Best Performers of the Day; Apple CEO Steve Jobs Back on the Job After Liver Transplant; Ford Sales Forecast Sends Shares 3% Higher; Apollo Group Reports 3Q EPS - Act. $1.26 vs. Est. $1.12 (Bloomberg News)

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Wipe That Smile Off Your Face

The father of a murder victim is so outraged when the suspect smiles at him in court that he approaches the suspect and punches him in the face. A courtroom brawl followed. The father was arrested.

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In-Depth Look - Alcoa's Message in a Bottle

Alcoa Downgraded at Friedman Billings Ramsey on High Inventories, Weaker China Demand, and Doubling Stock (Bloomberg News)

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Applause For Madoff Sentencing

There was applause in the courtroom as Bernard Madoff was sentenced to 150 years in prison. As Drew Levinson reports, victims want him to pay for swindling many of them out of their life savings.

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Victims Get The Last Word

Victims get the final say in Michael Huber's sentencing, getting the opportunity to release their anger at the serial rapist. Then they clap as he taken away to serve 195 years.

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Stocks to Watch- Biogen Idec, Teppco, Enterprise Products

Biogen Idec Shares Fall Over 5% After Being Cut to "Hold" at Deutsche Bank; Enterprise Products to Buy Teppco for $3.3 Billion (Bloomberg News)

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Ray Romano's 3D Look

Comedian Ray Romano provides his distinctive voice for the new 3D film "Ice Age: Dawn of the Dinosaurs." Romano talks with Harry Smith about how he prepared his voice for the film.

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Currency Outlook - Dollar Ready to Rebound Against Euro?

Watching the Greenback - Analysis and Discussion with Marc Chandler of Brown Brothers Harriman (Bloomberg News)

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Another Look - The Madoff Sentencing

Interview with Former SEC Attorney Jacob Frenkel (Bloomberg News)

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In-Depth Look - How the "Herd" Can Hurt You

The Herd Mentality - Investors Moving in Lockstep (Bloomberg News)

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Selena Gomez's Sweet Tooth

Actress Selena Gomez showed Maggie Rodriguez a quick and easy recipe for refrigerated cheesecake while promoting her movie, "Princess Protection Program."

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Flying Upside Down- Endgame



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Spotlight - Sears Holdings Corp.

Sears Launches Buyer Protection Program for Appliance Buyers - Interview with Kevin Brown, VP of Sears Home Appliances Unit (Bloomberg News)

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Today in Washington - Sotomayor Ruling Overturned

Sotomayor's Firefighter Discrimination Ruling Overturned by Supreme Court (Bloomberg News)

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Remembering Their First Cars

Russ Mitchell's first car was a 1976 MG and the first car Harry Smith owned was a VW beetle. Can you guess what Maggie Rodriguez and Dave Price drove?

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Common Workout Mistakes

Author and trainer Chris Robinson showed Maggie Rodriguez what not to do at the gym.

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Is Hubby Making You Chubby?

A new study shows that married couples are more likely to be obese. Dr. Jennifer Ashton talks with Maggie Rodriguez about why this may be happening.

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Electric Cars Hit The Streets

The Early Show gets the exclusive world premiere of the Anvil, an electric car that is legal for the street. Mike Tomberline talks with Dave Price about how the car is manufactured.

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Further Reaction - Madoff Sentenced to 150 Years

Live! From U.S. District Court in Lower Manhattan: Exclusive Interview with Madoff Victim Sharon Lissauer (Bloomberg News)

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More Reaction - Madoff Sentenced to 150 Years

Live! From U.S. District Court in Lower Manhattan: Exclusive Interview with Madoff Victim Cynthia Friedman (Bloomberg News)

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Judging Sonia Sotomayor

The Supreme Court has ruled on a case with implications for Supreme Court nominee Sonia Sotomayor. The case involves white firefighters who say they were discriminated against. Wyatt Andrews reports.

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Instant Reaction - Madoff Gets 150 Years

Live! From U.S. District Court in Lower Manhattan: Exclusive Interview with Madoff Victim Jennifer Meerow (Bloomberg News)

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Recap - Madoff Sentenced to 150 Years

Live! Coverage from U.S. District Court in Lower Manhattan (Bloomberg News)

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Madoff Gets Full 150-Year Sentence

Bernard Madoff Sentenced to 150 Years in Prison for Massive Ponzi Scheme (Bloomberg News)

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Politician Infidelity

Maggie Rodriguez spoke with family therapist Dr. Jenn Berman about the differences between the extramarital affairs of Gov. Mark Sanford and Gov. Elliot Spitzer.

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Infomercial King Dies Suddenly

Infomercial star Billy Mays died suddenly a day after experiencing a rough plane landing where he admitted to hitting his head, Bianca Solorzano reports.. Dr. Jennifer Ashton commented on the case.

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Jackson's Doctor's Role

Harry Smith spoke with an attorney for Dr. Conrad Murray about Michael Jackson's state of health before his sudden death.

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Chopra On Jackson Drug Abuse

Harry Smith spoke with Dr. Deepak Chopra about his friendship with Michael Jackson and his alleged prescription drug addiction.

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Gov. Sanford's Mistress Speaks

Gov. Mark Sanford's mistress spoke out in a statement explaining that emails between her and the governor have been stolen. Kelly Cobiella reports.

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Madoff's Judgement Day

Bernard Madoff may face up to 150 years in prison after bilking investors out of $65 Billion. Armen Keteyian reports.

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Al Sharpton On Jackson's Kids

Maggie Rodriguez spoke with Rev. Al Sharpton about the fate of Michael Jackson's children and the family's request for a second autopsy.

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Incentive To Worried Buyers - Sears

Sears says the people lose their jobs after buying appliances costing $3.99 a more may be able to keep them for free. (Bloomberg News)

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Enterprise Products To Buy Teppco

Two pipeline operators make a plan to combine the biggest energy partnership. (Bloomberg News)

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More Perspective - Madoff Sentencing

From the Penthouse to the Big House - Interview with Larry Levine of Wall Street Prison Consultants (Bloomberg News)

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In-Depth Look - From The Penthouse To The Big House

Interview and discussion with Larry Levine of the Wall Street Prison Consultants. He talks about what life Madoff may get in the big house. (Bloomberg News)

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Market Open 6.29

Lydia Thew is live in the New York Stock Exchange were stocks are set of to kick higher. (Bloomberg News)

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In-Depth Look - Lockstep Markets May Burn Investors

Interview and discussion with Joseph Mezrich of the Nomura Securities International. He talks about commodities and rallies in the market. (Bloomberg News)

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No Need To Go Public - Facebook

Facebook can attract new investors without an I.P.O. Tthe site does not need to go public. (Bloomberg News)

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In-Depth Look - Commodity Rally May End

Interview and discussion with Dennis Gartman of The Gartman Letter. He says doubt commodity rally will falter. (Bloomberg News)

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In-Depth Look - Madoff To Be Sentence

Interview and discussion with Jerry Reisman of the Reisman. Peirez & Reisman. He talks about the Madoff scheme. He says Madoff deserves a life imprisonment. (Bloomberg News)

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Shake-Up In Mining Industry

Mining industry continues to shake-up. Two companies battle for the acquisition of Anglo American. (Bloomberg News)

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In-Depth Look - Drawbacks Of A Public Plan

Interview and discussion with John Sheils of the Lewin Group. He gives his concern about the health-care overhaul President Obama is pushing. (Bloomberg News)

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Health-Care Reform Debate Continues

The Obama administration takes no break in the push for health-care reform. The President travels 60 miles to end in Virginia, to put more public pressure for health-care overhaul. (Bloomberg News)

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Companies Try To Dump Jets

Starbucks, Anheuser-Busch and Coca-Cola try to sell their corporate jets to minimize cost. (Bloomberg News)

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In-Depth Look - Threat Of Hyperinflation

Interview and discussion with Marc Faber of the Marc Faber Ltd. He talks about inflation that may took place in the economy. (Bloomberg News)

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Dancing Inmates' Tribute To Jackson

Manila dancing inmates put a song and dance memorial for their idol Michael Jackson. (Bloomberg News)

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Rivera Gets 500th Save

Mariano Riviera becomes the second relief pitcher to reach 500 saves as the New York Yankees beat the Mets. (Bloomberg News)

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US Soccer Team Almost Win

The U.S. men Soccer team almost wins the title when Landon Donvan's goal put the team ahead of Brazil at the halftime. But Brazil roars back and take a 3-2 lead. (Bloomberg News)

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College Tuition Rising 4.3%

Tuition is going up again at private U.S. colleges. 4.3% hike is coming. (Bloomberg News)

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No. 1 With $112M - Transformers 2

Transformers 2 take in $112 million to lead the blockbuster movie this week. Coming in second was "The Proposal" which takes in $18.5 million. Down to the number three spot is "The Hangover" which takes in $17.2 million. (Bloomberg News)

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Pitchman Billy Mays Dead

TV pitchman Billy mays dies at the age of 50. (Bloomberg News)

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Manhattan Office Market Looking Up

Manhattan's office market may begin to recover by next year, the optimism comes from S.L. Green Realty. (Bloomberg News)

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Putin Visits Market

Putin pays surprise visit to market to criticize price mark-ups. (Bloomberg News)

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Uphill Senate Struggle - Climate Plan

Democrats barely able to push through President Obama's climate change bill in the house and may face a tougher battle in the senate. (Bloomberg News)

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Iran Frees 5 UK Embassy Staff

Iran's state-run TV reports that five British TV staff detained in Tehran have been released. (Bloomberg News)

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Asian Market Check

Asian stocks ends mostly lower overnight. The main concern seems to be share sales diluted existing share holdings. (Bloomberg News)

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Standout Funds In 2Q

Second quarter was an impressive period overall for mutual funds. (Bloomberg News)

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Iraq Has World's 3rd-Largest Oil Reserves

Iraq holds the third world's largest crude reserves with 113 billion barrels. (Bloomberg News)

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Ex-ABN Amro Bank Found Shot - Daily Mail

Former Chief Finance officer found shot to death in a Woodland area in England. (Bloomberg News)

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PPIP Plan Faltering - WSJ

Timothy Geithner's plan is having a hard time to find buyers and sellers. The "Wall Street Journal" reports that big banks are unwilling to sell at rock bottom prices. (Bloomberg News)

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Swiss Banks Shunning Americans

Swiss Banks tell American investors to take their money elsewhere. (Bloomberg News)

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$3.5B Towers Perrin Merger

Two consulting power houses merge. The combined firm will be named as Tower-Watson. (Bloomberg News)

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AEG Prepares For Concert Refund

A.E.G. prepares for the biggest concert refund in the history. They sell nearly one million tickets. (Bloomberg News)

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Jackson Has Slight Pulse - Doctor

Michael's doctor who treats him before he dies says Michael has a slight pulse. (Bloomberg News)

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Curfew Impose - Honduras

A military crew oust Honduran President Manuel Zelaya with power. (Bloomberg News)

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European Market Check

European benchmarks are all higher, banking stocks add the most points. (Bloomberg News)

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Bond Sell-Off Expects To Slow

Wall Street's largest bond holding firm says the worst may be over for treasuries and predict the 10-year will end the year little changed. (Bloomberg News)

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Dollar Expects To Rise

Investors move back into the dollar after China says the greenback may continue to dominate global trade. (Bloomberg News)

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Madoff's Scheme Spanned The Globe

At least eight firms lost at least $8.8 billion in Geneva because of the Madoff Scheme. (Bloomberg News)

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Day Of Reckoning For Madoff

Bernard Madoff will be sentenced in Federal Court in New York. Prosecutors ask that he be given 150 years of imprisonment. (Bloomberg News)

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Latin America unites behind ousted Zelaya

Honduras interim leader Roberto Micheletti imposed a nationwide 48-hour curfew after the army ousted elected President Manuel Zelaya and sent him into exile. Cuban Foreign Minister Bruno Rodriguez denounced the "brutal and criminal coup d'etat" and demanded the return of Zelaya.

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Business- Bernard Madoff Is Sentenced to 150 Years

Bernard L. Madoff, who was accused of running one of the biggest Ponzi schemes in history, was sentenced to 150 years in prison.

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Nicholas D. Kristof- Covering a Global Crisis

Columnist Nicholas D. Kristof explains how to stay safe and get the story right while covering a global humanitarian crisis.

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Movies / Critics' Picks- Critics' Picks- 'Jaws'

Scott reviews Steven Spielberg's 'Jaws,' one of the first summer blockbusters.

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In U.S., Most are Scrutinizing Their Spending

A Gallup Poll Daily tracking aggregate from June finds 88% of Americans agreeing with the statement that "You are watching your spending very closely� and 71% saying that they are cutting back on how much money they spend each week. 7193 Gallup

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Iran frees British embassy staff, calls for Neda inquiry

Iran says it has freed five local British embassy staff arrested on accusations of stoking post-election unrest. The announcement comes as Iran's top election body began a partial recount of the fiercely-disputed presidential election, and President Mahmoud Ahmadinejad called for a probe into the death of Neda Agah-Soltan.

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Integrating Iraq's anti-Qaeda militias

One of the reasons attributed to Iraq's improving security situation is the Sahwa, Sunni militia recruited by US forces to help combat Al-Qaeda. Now that American soldiers are preparing to withdraw from the cities, the Sahwa are undergoing training to join Iraq's regular army and police.

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Moonwalk tribute to Jackson at Eiffel Tower

The Eiffel Tower in Paris was the scene for a giant moonwalk tribute to Michael Jackson with more than a thousand fans dancing together in memory of the late pop icon.

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Ousted Honduran leader denounces ouster by 'gorillas'

Ousted Honduran President Manuel Zelaya has insisted he is still president even though his Central American country's congress has sworn in the parliamentary speaker as the country's new leader.

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Iraqis 'ready' to take over

The top US general has declared Iraqi troops "ready" to take over as US combat troops pull out from Iraq's cities and main towns on Tuesday, marking what will be a major stepping stone for the war-torn country.

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US pullout a much-needed 'symbolic gesture' for Iraqis- expert

For Loulouwa al-Rachid, a Middle East expert from the International Crisis Group, the US military pullout of Iraq's urban areas is a symbolic gesture long in coming but one that delivers a powerful message to the population.

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Obama's double debuts at Paris wax museum

It's a sign of President Barack Obama's celebrity status. He's entered France's hall of fame, with the unveiling of his wax statue by the Grevin museum in Paris. The venue for this world premiere was none other than France's most famous monument.

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Sunday, June 28, 2009

Mind Reading

Neuroscience has learned so much about how we think and the brain activity linked to certain thoughts that it is now possible - on a very basic scale - to read a person's mind. Lesley Stahl reports.

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The Cheaters

60 Mintes and The Washington Post reveal how online poker players suspecting cheating were forced to successfully ferret out the cheaters themselves. Steve Kroft and Gilbert Gaul report.

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Andy's Sheds Some Clothes

What's lurking inside Andy Rooney's closet? Andy tries to shed some old clothes.

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Jackson In Detail

The Jackson family remains out of sight while investigators say Dr. Conrad Murray, who was with Jackson during his last moments, provided useful information during questioning. Ben Tracy reports.

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Artists In Exile

Iran's defeated Presidential candidate Mousavi is being supported by many Iranians in America, some of whom are expressing anger and frustration with art. Seth Doane has more.

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Honduran President Expelled

President Obama expressed concern and called for a peaceful resolution to the political crisis in Honduras, after their army arrested and expelled the Honduran president Kimberly Dozier reports.

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U.S. Military Moving Time

It is moving week for the U.S. Military. As agreed, American forces will pull back from cities in Iraq. Also, the U.S. leaves the security of the country to Iraqi forces. Lara Logan reports.

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Separating Icons From Heroes

In the wake of the tragic passing of Michael Jackson Bob Schieffer honors the gifted, yet troubled musical genius but notes that pop icons are not the same as American heroes.

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Madoff Victim Speaks

Sharon Lissaur will speak at the sentencing of disgraced financier Bernie Madoff. She placed all her savings with Madoff, and lost everything. More on Madoff's victims tonight on the CBS Evening News.

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Handling Iran Crisis

U.S. Ambassador to the United Nation, Dr. Suan Rice spoke with Bob Schieffer about the current state of relations between the U.S. and Iran.

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Fast Draw- Gossamer Albatross

30 years ago Brian Allen soared into the history books, flying his "Gossamer Albatross" across the English Channel. Josh Landis and Mitch Butler honor the man who still inspires innovators.

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Fashion- Fashion Spotlight- Hermes

The fashion critic Suzy Menke interviews Ms. Nichanian, one of few women in the fashion industry who design clothes for men.

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On Par With Bill Pennington- The Links are Burning

After running into a handful of common course frustrations, Bill Pennington falls victim to golf's version of road rage and explodes at another golfer.

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