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Monday, March 23, 2009

MoneyWatch

The stock market had its best day of the year, and President Obama called the Treasury Department's new banking plan a critical element in recovering from the recession, Alexis Christoforous reports.

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Radio Anchor Stabbed To Death

Longtime ABC Radio newsman George Weber was found stabbed to death at his home in Brooklyn, N.Y. As WCBS' Magee Hickey reports, police say the motive is a mystery but an investigation is underway.

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Lance Armstrong Injured

During the 1st stage of the Vuelta of Castilla and Leon bike race in Valladolid, Spain Lance Armstrong broke his collarbone after falling off his bike. Katie Couric reports.

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Is AIG Hurting Obama?

Less than 100 days into his presidency Barack Obama's approval rating remains strong but, it's a different story when it comes to the handling of AIG. Dean Reynolds reports from Peoria, Ill.

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Raffling The American Dream

Some homeowners looking to sell are turning to a unique idea of raffling off their homes and, as Mark Strassmann reports, it's benefiting both sellers and buyers.

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Spring Break In Palm Springs

As college students put down their books this spring break, Palm Springs, Calif., hopes to boost tourism and is welcoming their hard-partying ways. Ben Tracy reports

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Montana Crash Investigation

Federal investigators have begun sorting through the wreckage of the single-engine turboprop that crashed in Butte, Mont. As Hattie Kauffman reports, the plane may have carried too much weight.

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Obama Cautious On Bank Plan

With the Treasury Dept. taking stock of the "toxic assets" affecting many troubled banks and a huge Wall Street rally, the White House remains cautiously optimistic. Chip Reid reports.

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Value In Toxic Assets?

Despite record foreclosures, and falling home prices, 85 % of homeowners pay their mortgages. As Wyatt Andrews reports, those "toxic assets" might actually mean good news for banks and consumers.

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Salvaging Troubled Banks

With toxic assets being cleaned up and a huge Wall Street rally, is the economy finally getting back on track? Katie Couric spoke with Liz Ann Sonders, chief investment strategist at Charles Schwab.

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Notebook- Laying Blame On AIG

When it comes to the AIG fallout most Americans are furious, but who should they direct their anger toward? As Katie Couric reports, it's more important to move on and move forward.

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Red Meat Health Risk

After a decade long study on the eating habits of half a million people, doctors concluded eating too much red and processed meat can increase the risk of death. Drew Levinson reports.

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Gregg slams budget

Gregg slams budget

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Toxic Assets Clogging Banks

Only On The Web: The Treasury Department's has unveiled a new plan to rid U.S. banks of their, "toxic assets," by buying up their failed loans. Bianca Solorzano reports.

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Shopping Mall Extinction?

Whether American tastes have changed or the recession has taken its toll, shopping malls are in danger of going extinct. Hattie Kauffman reports.

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Gibbs and takes- 3/23/09

Gibbs and takes- 3/23/09

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Gibbs distracted by podium

Gibbs distracted by podium

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Geithner on CNBC

Geithner on CNBC

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Found Money Yours To Claim

There's billions of dollars waiting for people to claim them from bonds, unfiled returns, and more. Consumer expert Vera Gibbons shows Harry Smith how to and how not to search for lost money.

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Obama on Clean Energy Initiatives

Obama on Clean Energy Initiatives

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Gmail's 'Oh Shoot' Button

Google brings the unsend feature back, something that was popular with AOL years ago. But there is a five-second rule and then it really is too late to take an e-mail back. CNET's Natali Del Conte reports.

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Right To Bare Arms

Maggie Rodriguez spoke with Style Expert Katrina Szish about how to get fit and toned arms and some great fashion options to show them off.

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Finding Discontinued Items

Maggie Rodriguez spoke with ShopSmart Magazine's Mandy Walker about great tips for finding your favorite discontinued products.

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Obama meets with Economic Team

Obama meets with Economic Team

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'Smoking' Smarties A New Fad

Kids' online videos showing how to "smoke" Smarties candy cause concern for health and addiction to real smoking. Pediatrician Lisa Thornton talks to Maggie Rodriguez.

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On The Hunt

In part 1 of the new series, Job Squad, Susan Koeppen followed four unemployed people as they hunt for jobs in poor economic times.

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Still Ford Tough

Ford CEO Alan Mulally took Harry Smith on a tour of the company's Detroit, Mich. manufacturing plant. Mulally says he is focused on putting American cars back on top.

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Messy $100 Million Divorce

Maggie Smith spoke to Legal Analyst Lisa Bloom about a woman who turned down $36 million in divorce proceedings and wants $100 million for abuse suffered during the marriage.

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'Toxic-Bank' Details Released

Public and private money will buy up bad assets in an effort to jumpstart the economy, reports Bill Plante. Harry Smith talks to Dr. Christina Romer, a White House adviser, on the economic strategy.

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Small Plane Crash Kills 14

All 14 on board a small plane were killed just short of the runway in Butte, Mont., reports Hattie Kauffman. Maggie Rodriguez talks to an eyewitness near the scene.

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Morning Show Roundup 3/23/09

Morning Show Roundup 3/23/09

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Morning Show Roundup 3/23/09

Morning Show Roundup 3/23/09

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Wasserman-Schultz on Breast Cancer

Wasserman-Schultz on Breast Cancer

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POLITICO Playback 3/23/09

POLITICO Playback 3/23/09

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POLITICO Playback 3/23/09

POLITICO Playback 3/23/09

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Family Guy - Fox News HD

Family Guy - Fox News HD

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Are you punch drunk?

Are you punch drunk?

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Fed Ex Plane Crash In Tokyo

Caught On Tape: In exclusive video from the Tokyo Broadcasting System, a FedEx cargo plane crashed and burst into flames as it landed at Narita International Airport . Police say the pilot and co-pilot are both dead.

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Argentinian publisher combines recycling and art

Cartoneros make their living by gathering cardboard boxes in the streets and selling them. These resourceful merchants exist throughout South America, but in Buenos Aires one publishing house is finding them particularly useful, printing books exclusively on recycled cardboard purchased from Cartoneros.

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Calif. Town Mourning Mont. Plane Crash Victims

Funeral arrangements are being made for a family of five after their plane plummeted just short of a Montana airport. Neighbors and co-workers say they are in shock over the loss of the entire family. (March 23)

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Dutch expand car share scheme

A Dutch company is running a car rental scheme by the hour for subscribers equipped with a smart card. Users say it's much cheaper than owning a car, easy to use and could help to dramatically reduce car circulation and parking problems in cities.

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Iraqi sect holds first public celebration in years

They trace their roots back to pre-Christian times, but the Sabeans are a dying community in Iraq. AFPTV looks at rites in the ancient community, which some scholars believe belong to a branch of Judaism that spread through the land of the two rivers -- or Mesopotamia -- in the second century.

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Tips From Make-up Artist Bobbi Brown

Tips from make-up artist Bobbi Brown

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Raw Video- Female Robot Hits Tokyo Catwalk

A female robot known as HRP-4C appeared on the catwalk during Fashion Week in Tokyo. It was designed to look like an average Japanese woman. (March 23)

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Armstrong Breaks Collarbone, Will Have Surgery

Lance Armstrong fractured his collarbone Monday during a race in Spain, leaving in question his participation in the Tour de France in July. The seven-time Tour champion wrote on his Twitter feed that he will have surgery in a couple of days. (March 23)

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Ultracheap Car to Hit India's Streets in July

The world's cheapest car will retail for just over $2,000 and can be yours, if you live in India and are very lucky, by July, Tata Motors said Monday. (March 23)

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Your Money- the Right Time to Buy a Home

Greg McBride, a senior financial analyst with Bankrate.com, shares his thoughts on how concerned homebuyers should be about the possibility of further price declines. E-mail your questions to yourmoney@ap.org (March 23)

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March 23- Stocks Surge on Banks, Housing News

Wall Street got the news it wanted on the economy's biggest problems _ banks and housing _ and responded with a rally that hurtled the Dow Jones industrials up nearly 500 points. (March 23)

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Money Minute- Home Sales, Newspapers, Tiffany's

Existing home sales jumped 5.1 percent in February. The APs David Melendy reports. (March 23)

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Americans Assess the AIG Situation

While 82% of Americans say that either all or half of the bonus money that has been paid to AIG executives should be returned, they are torn on the best way to recover the money.

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AP Top Stories

Here's the latest news for Monday, March 23: Administration seeks to free credit with toxic asset plan; NTSB checks on plane overloading in Montana crash; Armstrong breaks collarbone in crash; Thoroughbred horse has allergy to grass.

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2 Shot, Killed at Posh Va. Resort

The search continues for a man suspected of shooting and killing two of his supervisors at a posh Virginia resort over the weekend. (March 23)

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Mich. Teen Dies After Police Use Taser

Police in Bay City, Michigan say a 15-year-old boy has died after being Tasered by officers who were trying to break up a fight. (March 23)

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Gibbs Outlines New Bank Rescue Plan

White House press secretary Robert Gibbs spoke about the Obama administration's new plan to end a paralysis in lending at his daily briefing Monday. (March 23)

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Obama Plan to Zap 'toxic Assets'

President Barack Obama and his treasury chief have unveiled plans to sweep up to $1 trillion dollars in toxic assets off of bank balance sheets. AP White House Correspondent Mark Smith reports. (March 23)

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Detained US Reporters Likely in Pyongyang

Two American journalists detained by North Korean soldiers are believed to have been sent to Pyongyang for questioning. (March 23))

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NTSB- Plane Gave Controllers No Sign of Trouble

The plane that crashed in Montana, killing all 14 aboard, gave no indication to air traffic controllers that the aircraft was experiencing difficulty when the pilot asked to divert to the airport here, a federal safety official said Monday. (March 23)

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Atlanta Police Search for Store Clerk's Killer

Police are searching for two suspects after a clerk was shot and killed during the robbery of a convenience store in southwest Atlanta. (March 23))

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Raw Video- AIG Removes Sign From NYC Office

The large AIG sign was removed from the company's downtown Manhattan offices over the weekend. (March 23)

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Nursing Homes the New Home for Mentally-ill

More mentally ill people are being put in nursing homes nationwide alongside older patients, sometimes with tragic results. In Chicago, a 77-year-old man with Alzheimer's was fatally beaten, allegedly by his mentally-ill roommate. (March 23)

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No Blue Monday on Wall Street

Wall Street got the news it wanted on the economy's biggest problems: banks and housing. Wall Street celebrated by hurtling the Dow Jones industrials up nearly 500 points. (March 23)

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Protestors take anger over bonuses to AIG exec's houses

They're called it the "Lifestyles of the Rich and Infamous" tour. A group of about 40 protestors paid a visit to a couple of top AIG executives on Saturday to protest bonuses that the firm paid out to high-ranking employees.

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India's Tata rolls out world's cheapest car

India's Tata Motors on Monday launched the world's cheapest car, the Nano, hoping to change the lives of millions and buck a slump in auto sales caused by the global economic crisis.

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Interview with Guinea's former mines minister

AFPTV speaks with Ibrahima Soumah, Guinea's former minister of mines and the former head of the national company in charge of bauxite mining, about the government's efforts to renegotiate mining contracts with foreign companies.

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Dubai's outsize dreams reined in by crisis

Without much oil left to bolster its economy, Dubai has bet on real estate development and tourism to deliver foreign currency to the emirate. But its prime market -- the international jetset and well-heeled travellers -- is drying up in these hard times, and local property values have taken a hit.

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Murtha Under Fire for Ties to Lobbying Firm

Pennsylvania Congressman Jack Murtha is coming under fire for his ties to several defense contracting lobbying firms. In the past these firms have given more than two million dollars to Murtha's campaigns. (March 23)

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Dramatic Footage of Plane Crash in Japan

The pilot and co-pilot of a FedEx cargo jet that crashed at Tokyo's main international airport have been identified as Americans. Both men were killed in the fiery crash. They were the only people on board. (March 23)

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Raw Video- Pandas Returned to Refuge

Eight pandas left their temporary homes in the Beijing Zoo on Sunday to return back to their home base in Sichuan. They are known as the Olympics pandas as they stayed in the capital during the games. (March 23)

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North Dakota, Minnesota Prep for Flooding

Officials in North Dakota and Minnesota issued urgent pleas for volunteers to help with sandbagging as a storm increased the threat of flood in an area already expected to be swamped by a record river crest. (March 23)

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Montana Crash Victims Include Family of 5

A California newspaper, the Napa Valley Register, reported on its Web site late Sunday that a family of five from St. Helena, Calif., including three preschoolers, was among the victims. (March 23)

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Up to 17 Killed in Montana Plane Crash

A small plane _ possibly carrying children on a ski trip _ crashed Sunday as it approached the Butte airport, killing 14 to 17 people aboard. (March 23)

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One Dead Following Attack Inside Sydney Airport

One person is dead following an attack inside the terminal at Sydney Australia's airport. Police believe the violence is gang-related. Four people have been arrested in connection to the attack. (March 23)

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ANC faces challenge in South Africa's poor rural areas

It's one month to go before South Africa holds its fourth democratic elections. For the first time, the ruling ANC party faces a challenge to its grip on rural areas by splinter group Congress of the People.

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Guinea's vast mineral wealth in hands of the few

Guinea is the world's biggest exporter of the aluminium-producing raw material. The west African country's mineral wealth -- which also includes diamonds and iron ore -- is vast, but most Guineans earn less than a dollar a day. After 24 years of an authoritarian regime, locals are hoping the new government will do something about this paradox and ensure the profits trickle down.

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Tata unveils world's cheapest car

The world's cheapest car, the Tata Nano, was launched Monday with its makers hoping it will be a hit with India's emerging middle classes.

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Chinese 'panda artist' puts icon on Paris catwalk

Chinese artist Zhao Bandi has a passion in life: the panda. After years of photographying himself together with the national icon, he has found a new outlet for his obsession: fashion. The AFPTV followed his pandas onto the catwalk.

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FAA- 17 Dead in a Plane Crash in Montana

A small plane crashed Sunday as it approached an airport in Montana, killing 17 people, including several children, a Federal Aviation Administration spokesman said. (March 22)

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Pope wraps up Africa visit

Pope Benedict XVI ended his first tour of the continent as pontiff, a visit marred by controversy over his remarks on condom use, and the deaths of two girls in a stampede ahead of a papal speech.

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Call for cash as Auschwitz crumbles

Auschwitz museum, financed by the Polish government and by entry ticket sales, is appealing to the European Union for help. It says 120 million euros is needed to conserve the site for future generations and to stop many of the buildings at the infamous death camp from collapsing.

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Natasha Richardson Buried Near Upstate NY Home

Actress Natasha Richardson has been laid to rest near the home in New York's Hudson Valley where she wed Liam Neeson. The 45-year-old died Wednesday at a Manhattan hospital after sustaining a head injury in a skiing fall. (March 22)

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