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Tuesday, May 5, 2009

Spring Makeup Trends

Before you try to paint on this season’s mega-bright lips and thick brows yourself, watch our how-to with makeup genius Mike Potter. Karen O’s right-hand man knows a thing or two about bold looks: He did all the makeup magic for Hedwig and the Angry Inch (that man/woman looked hot). Suffice it to say this Potter’s a real wizard.

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Evaluating Obama After 100 Days

Obama elevates workability and political feasibility over abstract doctrine, Thomas Mann says. (Asia Confidential)

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Girls Baseball Scores Home Run

Female athletes have played Little League baseball for the past 35 years, as Sandra Hughes reports. And, during this time, girls of all ages have been able to swing some big hits alongside the boys.

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H1N1 Impact On Markets

Analysis and discussion with Mark Matthews of Fox-Pitt Kelton Asia-Pac Strategist. (Asia Confidential)

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Swine Flu Outbreak Not Under Control In Mexico

Mexican government-chartered plane repatriates flu quarantines. (Asia Confidential)

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Cleaning Up Craigslist

Officials from Craigslist were pressed to permanently remove the site's erotic services section in a secret meeting with three state attorney generals. Kelly Wallace reports.

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Mass Exodus In Pakistan

Up to a half million people are expected to flee the Swat Valley in Pakistan, as the military prepares for a showdown there with the Taliban. Lara Logan reports.

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China A-Shares- Earnings Growth

Analysis and discussion with Jing Ulrich of JPMorgan China Equities Chairman. (The Bloomberg Edge)

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Face Transplant Miracle

Warning: Graphic Content Shot in the face 5 years ago, Connie Culp was publicly ridiculed for her disfigurements until, as Michelle Miller reports, she received an experimental transplant surgery.

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Bernanke Sees Recession's End

Fed Chairman Ben Bernanke sees an end to the recession in just a few months, but expects unemployment to keep rising. Chip Reid reports.

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Home Of The Housing Crisis

Throughout California, homes once under construction are now being torn down because there is not enough money to finish them. John Blackstone reports on this growing trend from Mountain Hose, Calif.

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Asian Currencies Rally May Gain Momentum

Asian currencies rally may continue after it breaks through technical resistance level. (The Bloomberg Edge)

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Justice For Slain Journalist

Two men are expected to be arraigned for ordering the murder of journalist Chauncey Bailey. The Oakland editor was gunned down walking to work in 2007. John Blackstone reports.

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Serbian Film Wins Tribeca Award

Only On The Web: Director Darko Lungulov and actor David Thornton discuss "Here And There," which costars Cyndi Lauper and recently won the 2009 N.Y. Narrative Award at the Tribeca Film Festival.

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Managing Volatility In Stock Market

Analysis and discussion with Victor Lee of JF Asia Absolute Return Fund Manager. (The Bloomberg Edge)

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Not Just A Second Banana

CBS News RAW: Entertainer and chef Dom DeLuise has passed away. He is best remembered for his roles in several Mel Brooks films and as host of Candid Camera in the 1990's. DeLuise also enjoyed a second career as a chef of fine cuisine.

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Hong Kong, Singapore Markets Set To Rally

Analysis and discussion with Thomas Schroeder Managing Director of Chart Partners Group. (The Trade)

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Foreign Exchange Market

Analysis and discussion with Robert Rennie of Westpac Chief Currency Strategist. (The Trade)

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Stressful Test

U.S. banks must raise debt without FDIC guarantee to repay TARP. (The Trade)

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Valuation In Taiwan Stocks

Report and analysis with Tim Culpan of Bloomberg News. (The Trade)

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Bad Debts Rises And Profits Up

Westpac shares rises 50 % this year, outperforming a 12% gain in the ASX 200 bank index. (The Trade)

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Mutation Of Swine Flu

UN Health agency confirms 1,490 cases of H1N1 virus. (The Trade)

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Notebook- From Boom To Bust

In San Bernardino County, Calif. a brand-new housing development was demolished. As Jeff Glor reports, it was decided it would be cheaper to tear down than sell because of the housing market bust.

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Obama, Biden Lunch On Burgers

CBS News RAW: Pres. Obama and Vice-Pres. Biden visited popular Ray's Hell Burger in Arlington, Va. for an informal and relaxed lunch. Both men ordered and paid for themselves. Obama left a $5 tip.

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Sector Focus - Casinos

Analysis and Discussion with Jonathan Galaviz of Globalysis (Asia Morning Call)

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Pence- GOP not anti-science ‘caricature’

Rep. Pence on MSNBC's Hardball...

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Sector Focus - Chemical Makers

Analysis and Discussion with Frank Mitsch of BB&T Capital Markets: Likes FMC and Monsanto (Taking Stock)

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Sector Focus - Oil

$185 Oil by 2015 - Analysis and Discussion with Charles Maxwell of Weeden & Co. (Bloomberg News)

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Sector Focus - Steel

Analysis and Discussion with Mark Parr of KeyBanc Capital Markets (Taking Stock)

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GM Says Debt Conversation Talks with U.S. Treasury are Ongoing

General Motors CEO Fritz Henderson Speaks After Testimony on Capitol Hill (Taking Stock)

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Metals Outlook - Is Copper a Leading Indicator for Stocks?

Analysis and Discussion with George Gero of RBC Capital Markets (Taking Stock)

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Data Point of the Day - Scandal in the Art World

According to New Book, Van Gogh's Ear Was Cut Off by Paul Gauguin (Bloomberg News)

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In-Depth Look - A New & Improved Kindle?

Analysis and Discussion with Ross Rubin of NPD Group (Bloomberg News)

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Best Uses Of Travel Rewards

Sometimes cash back is more valuable than travel or gifts, so consumer correspondent Susan Koeppen demonstrates to Harry Smith how to do some homework.

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Inside Face Transplants

Harry Smith spoke with Dr. Jennifer Ashton about the miracle procedure that has been performed twice in the U.S. over the past 6 months.

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Robbers Take Calif. Boy

Police issued an Amber alert for a San Bernardino, Calif. toddler who was taken from his family in broad daylight during a robbery, Hattie Kauffman reports.

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Cyber Road Rage

Websites that "cyber-shame" drivers off-road to take on drivers' anger may help ease frustrations, reports Daniel Sieberg.

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Bobby Flay's Breakfast Burgers

Food Network's Bobby Flay grilled up delicious cheese burgers topped with hash browns, a fried egg and bacon.

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In-Depth Look - Unraveling a Bankruptcy

Bankruptcy Trustree Investigates Sentinel Collapse - Suit Claims Sentinel Bet on Unorthodox Financial Instrument Called "PreTSLs", Trader Got Limo to Strip Club and Lap Dances; Sentinel Had Almost $3 Billion in Debt on a Capital Base of Only $3 Million (Bloomberg News)

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Earnings Watch - Disney

Disney Reports 2Q EPS - Act. Ex-Items $0.43 vs. Est. $0.40; An In-Depth Look, Featuring Reaction with David Bank of RBC Capital Markets (Bloomberg News)

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Market Close 5.5

All Three Major Indexes Each Fall Less Than 1%; Energy and Financials Biggest Losers of the Day, Healthcare the Best Performer (Bloomberg News)

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Tuesday's Gibbs and Takes 5/5/09

Tuesday's Gibbs and Takes 5/5/09

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Earnings Watch - Molson Coors

Molson Coors Shares Jump Most Since September, 1Q EPS Ex-Items Beat Estimates by 21 Cents (Bloomberg News)

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POLITICO Podcast- Maury Povich

POLITICO Podcast: Maury Povich

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A Presidential Craving for Burgers

Obama and Biden Stop for a Burger in Virginia (Bloomberg News)

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Money & Sports - Countdown to the Indy 500

An Excerpt of Interview with Danica Patrick (Bloomberg News)

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Stocks to Watch - Kraft Foods, Marvel Entertainment

Kraft 1Q Earnings Climb 10%, Profit Rises on Prices Increases and Cost Cuts; Marvel Reports Lower Profit as High-Margin Licensing Ebbs (Bloomberg News)

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Inside Look - Bernanke Meets with GOP Lawmakers

Interview with Sen. John Ensign (R) of Nevada, Chairman of Republican Policy Committee (Bloomberg News)

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Obama/Biden lunch at Ray's Hell Burger

Obama/Biden lunch at Ray's Hell Burger

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More Perspective - Bernanke's Testimony

Interview with Sen. Jim DeMint (R) of South Carolina (Bloomberg News)

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Spotlight - Hertz Global Holdings

Interview with CEO Mark Frissora (Bloomberg News)

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CEOs Speak at Business Council Meeting

Live! From Business Council Spring Meeting in Irving, TX: Featuring Caterpillar CEO Jim Owens, JPMorgan CEO Jamie Dimon, and Aetna CEO Ronald Williams [FULL CLIP - 13:38] (Bloomberg News)

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Afternoon Newsbites - Chrysler Bankruptcy, Buyers for Saturn?, AIG Earnings, Libor Falls

Chrysler's Secured Lenders to File Secrecy Request; Auto Dealer Penske is Interested in Buying Saturn; AIG Earnings Ahead on Thursday, May Not Need More Bailout Funds; Libor Falls Below 1% for First Time as Credit Thaws (Bloomberg News)

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Inside Look - Short-Selling Debate

SEC Held Roundtable on Short Selling Today - Interview with NYSE-Euronext VP Lawrence Leibowitz (Bloomberg News)

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H1N1 Worst May Be Over

Doctors are concerned the virus may adapt and return stronger in the Fall as the number of worldwide cases plateaus, reports Bianca Solorzano. Maggie Rodriguez gets more from Dr. Jennifer Ashton.

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Wall St. Hopes To Gain Ground

Some economic indicators are showing that the recession is easing a bit but Fed. Chairman Ben Bernanke is expected to report to Congress it will need a long recovery, reports Jeff Glor.

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Touching Mom Makeover

Sandra Priest got a special mother's day gift after her daughter-in-law nominated her to receive a stylish makeover.

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Interview with Wilbur Ross

Ross Discusses Real Estate, Banks, and Automakers (Bloomberg News)

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Billy Elliot's 15 Tony Noms

Following the 2009 Tony nominations where "Billy Elliot" tied the record for most nominations, the three nominated teens who play Billy Elliot perform live on "The Early Show."

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Italy Prime Minister Dumped

Italy's Prime Minister was dumped by his wife after choosing what newspapers called "scarlets and showgirls" as candidates for parliamentary elections. Allen Pizzey reports.

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Hanks' Controversial Premiere

Tom Hanks worked the red carpet at the Rome premiere of his controversial new film, Angels & Demons, which is a sequel to The DaVinci Code. Allen Pizzey reports.

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Exercise In Diplomacy

Harry Smith spoke with Chief Foreign Affairs Correspondent Lara Logan about President Obama's planned meeting with Afghan and Pakistan leaders.

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Billy Elliot's Golden Boys

The three young stars of the Broadway musical "Billy Elliot" Trent Kowalik, David Alvarez, Kiril Kulish react to their Tony nomination while Elton John phones to congratulate them.

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Reaction to Bernanke Testimony

Live! From Washington D.C. - Interview with Rep. Kevin Brady (R) of Texas (Bloomberg News)

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Heat Turned Up On Craigslist

The Attorneys General of three states are seeking a ban on erotic ads on Craigslist. Kelly Wallace reports. Maggie Rodriguez talks with Conn. Attorney General Richard Blumenthal.

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Walters v. Hasselback

Walters v. Hasselback, Revised

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Bernanke on Economic Outlook and Stress Tests

Bernanke on Economic Outlook and Stress Tests

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Morning Show Roundup 5/5/09

Morning Show Roundup 5/5/09

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Bernanke Gives Opening Statements

Live! From Capitol Hill: Fed Chairman Ben Bernanke Testifies to Joint Economic Committee [FULL CLIP - 13:07] (Bloomberg News)

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Janet Jackson Wardrobe Malfunction

Janet Jackson's wardrobe malfunction. The court haunts CBS they do not have to pay more than $500,000 fine for indecency. (Bloomberg News)

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Harry Reid talks SCOTUS appointment

Harry Reid talks SCOTUS appointment

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Market Open 5.5

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

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Stress Tests A 'Guideline' - Forum

Two of Wall Street's biggest names say state stress tests are just a guideline. (Bloomberg News)

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Top Executives Meet In Texas

The broader agenda is on health care reform and about where the economy is going. (Bloomberg News)

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Return Of The Dead

The stocks that were left dead were returned to the land of living. (Bloomberg News)

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POLITICO Playback 5/5/09

POLITICO Playback 5/5/09

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Monday's Gibbs and Takes 5/4/09

Monday's Gibbs and Takes 5/4/09

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In-Depth Look - Case For Being Renewed Commodity Bull

Micahel Aronstein of Marketfield Asset Management talks about his analysis that there will be much quicker, stronger recovery than consensus forecast. (Bloomberg News)

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Countdown To The Indy 500

When drivers line up for the green flag later this month at the Indy 500, Danica Patrick is sure to be among the crowd favorites. (Bloomberg News)

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Inside Look - Spectra Energy 1Q Earnings

Interview and discussion with Gregory Ebel the CEO of Spectra Energy. He talks about his companies first quarter earnings of 33 cents per share, matching wall streets estimates and his outlook for his company for the rest of 2009. (Bloomberg News)

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Technology Encourages Weight Loss

If you're having trouble sticking with your diet, listen up; Natali Del Conte, CBS News Technology Contributor, discusses new smart phone technology that can really help with weight loss.

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New Book Features Iconic Sports Photos

A new book - "Slideshow: How the Picture Tells Its Story" - showcases a collection of iconic sports photographs. Steve Hoffman, Author and Creative Director for "Sports Illustrated," discusses some of the book's most notable photos.

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In-Depth Look - UBS's Bottom Line

Interview and discussion with Dirk Becker of Kepler Capital Markets regarding the two positive things. first, the capital side and the other thing is the cost-cutting program. (Bloomberg News)

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Don't Write Off Boston Globe Yet

Boston Globe has reached agreement with six unions bringing it close to avoiding potential closure. The New York Times has asked the guild to find $10 million in savings. (Bloomberg News)

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New Boeing Plane Prepared For Test Flight

The new Boeing plane 787 could end up helping sales of a version of one of Boeing's oldest aircraft. It's been prepared for a maiden flight by the end of June. (Bloomberg News)

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UBS Results

UBS said write downs of illiquid holdings assets are hard to trade. Shares are rising, up under 5% of the moment, capital increased faster than the company had been forecasting. (Bloomberg News)

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No 'Significant Impact' From Swine Flu - Kinsell

Executives from a Middle East hotel gathered in Dubai this week. The topics are how to weather the global downturn and overcome abrupt challenges such as Swine Flu. (Bloomberg News)

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Houston Rockets Upset L.A. Lakers

Houston Rockets upsets the Los Angeles Lakers in the game one of the Western semifinals. Bryant finished a distant second to Lebron James for this year's Most Valuable Player. (Bloomberg News)

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Luxury Home Mortgage Rise

The foreclosure rate for homes valued at more than $730,000 is growing. According to RealtyTrac defaults are up at the fastest pace in at least 15 years. (Bloomberg News)

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D.R. Horton Reports Loss

The nation's biggest home builder by market value has reported an eighth straight quarterly loss. (Bloomberg News)

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In-Depth Look - Crucial Aspect Of The Contraction

Interview with the Bloomberg editor at large Tom Keene and his reaction and analysis about the Federal Reserve's latest senior officer loan. (Bloomberg News)

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Asian Market Check

Asian stocks continuing their advance getting a boost from demand for exports to the U.S. (Bloomberg News)

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Obama Tax Reform

President Obama's proposal to out low overseas tax savings could cause many U.S. large billions of dollars. (Bloomberg News)

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Distressed Investing Picks Up

All the pressure on banks to raise capital may be creating opportunities for investors because some assets are being sold off at bargain prices. (Bloomberg News)

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Swine Flu Update

The number of the Swine Flu victims topped 1,100 with 26 deaths reported by WHO. (Bloomberg News)

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Investing In Banks After Stress Tests

Last night three of Wall Street's biggest names were here at Bloomberg's headquarters in New York to talk about the future of their industry. (Bloomberg News)

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Data Point Of The Day

President Obama's request for money to fight the wars in Afghanistan and Iraq. The bill calls for out lace of $94.2 billion. Two billion would go to fight Swine Flu. (Bloomberg News)

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Greenlight Capital Buys Ford Debt

Greenlight Capital bought Ford's high-yield capital, high-risk bank yields. Greenlight also invested at EMC, Harman and Pfizer. (Bloomberg News)

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Fiat's Quest To Challenge Toyota

Fiat's CEO wants a need to become big enough to challenge Toyota. Fiat plans to keep at least three of the four German plants. (Bloomberg News)

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Chrysler can Borrow Loan

Chysler has won approval to borrow a $4.5 Billion bankruptcy loan from the US treasury allowing it to borrow as much as $1.8 Billion of the money. (Bloomberg News)

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US Service Industries Shrank

Service industries appear to be contracted at a slower pace in April. (Bloomberg News)

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Bernanke To Testify On Economic Outlook

Ben Bernanke will testify before lawmakers about the economy just as confidence is growing. (Bloomberg News)

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JPMorgan To Sell Credit-Card Bonds

JPMorgan plans to sell $5 million bonds through the TALF program. (Bloomberg News)

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AIG's 1Q Results Wont Trigger Bailout

AIG is due to report 1Q earnings on Thursday. Results may be good enough to prevent another government bailout. (Bloomberg News)

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Stress-Tested Banks Said Needs More Capital

We need more capital according to people familiar with the matter. Federal Reserve plans to deliver the results today. (Bloomberg News)

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European Market Check

Dow Jones Stoxx 600 is still the highest evaluation more than four years now. (Bloomberg News)

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S&P Recovers From Plunge

Stocks recovers its 25% loss in plunge but still this rally is a good rally but it is a rally straight off a primary low. (Bloomberg News)

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Iraq stock market embraces new technology

Last month Iraq's stock exchange introduced electronic trading, taking it one step towards modernity but with many leagues to go to rival other bourses. But 86 listed stocks continue to be traded manually in the time-honoured open outcry system.

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World- Swine Flu Fills Mexico City With Anxiety

As the Mexican government lowered the swine flu alert level Monday, the 20 million residents of Mexico City were eager to return to normalcy after their business and social lives had been brought to a halt.

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Thunderbirds heading into extinction

The assembly line will soon screech to a halt on one of America's most fabled car brands, Pontiac. General Motors announced in late April that its subsidiary, the maker of the famous Thunderbird, GTO and Trans Am models, would be phased out by 2010.

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Islamic Jihad, Hamas ally -- and sometimes rival

The Gaza Strip is dominated by Hamas, the radical group and political power that seized control of the enclave two years ago. But another militant group, Islamic Jihad, is also active, launching rockets into Israel and vowing attacks against the Jewish state, even when they threaten nascent peace negotiations. A profile of Hamas’ ally and sometime rival.

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Australian, British WWI soldiers to get burial, 94 years on

France began the painstaking process on Tuesday of unearthing the bodies of hundreds of Australian and British soldiers buried in mass graves in World War I. Between 250 and 400 soldiers killed in the 1916 Battle of Fromelles are thought to have been buried by German forces, without their name tags, in five separate pits. Discovered only in recent years, it is thought to be the biggest unmarked war grave found since the 1918 Armistice.

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Egypt pig cull hits Christian minority

Egypt is pressing on with a nationwide programme to slaughter the country's entire pig population, despite clashes with protesting pig farmers. The country's 250,000 pigs are raised by a minority Christian community.

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Merkel visits grim ex-Stasi prison in Berlin

Chancellor Angela Merkel Tuesday became the first German leader to tour the main Berlin prison run by the feared East German Stasi secret police, 20 years after the fall of the Berlin Wall.

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French airports separates travellers from Mexico

France has instituted separate arrivals and customs procedures for passengers arriving at its airports from Mexico, in a bid to ward off further flu infection.

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Two years in office, Sarkozy's image takes bruising

Humbled by the economic crisis, France's "hyper-president" Nicolas Sarkozy remains unpopular but unchallenged at home after two years in power, and his upfront style still rattles Europe. The rightwinger will mark two years since his election at the Elysee palace this week as the French economy, like that of other European powers, sinks into its worst recession since World War II.

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Israeli firebrand FM continues European tour

After a stop in Italy on his maiden diplomatic trip, Israel's firebrand nationalist Foreign Minister Avigdor Lieberman is in France on Tuesday for talks with counterpart Bernard Kouchner. His arrival waw met with protests by pro-Palestinian groups and activists opposed to Lieberman's controversial stance opposing the peace process.

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Israeli firebrand FM continues European tour

After a stop in Italy on his maiden diplomatic trip, Israel's firebrand nationalist Foreign Minister Avigdor Lieberman is in France on Tuesday for talks with counterpart Bernard Kouchner. His arrival waw met with protests by pro-Palestinian groups and activists opposed to Lieberman's controversial stance opposing the peace process.

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Body heat warms central Stockholm station

Sweden, which takes over the presidency of the European Union from Wednesday, is known for its eco-friendly approach. The body heat of the 250,000 people using Stockholm's central railway station every day is to be recycled to heat an adjacent office building.

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