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Tuesday, May 12, 2009

Swine Flu Man Made?

Flu may not have originated in pigs. Swine flu may have developed in lab. (Asia Confidential)

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Pilot Training In Question

As the NTSB examines the experience of the pilot who commanded doomed Flight 3407, focus has also been placed on the current training guidelines for commercial airline pilots. Ben Tracy reports.

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Shock Over U.S. Soldier Murders

Military officials are still trying to determine why Sgt. John Russell allegedly shot 5 Americans while stationed in Iraq. As Bob Orr reports, Russell s 20-year-old son remains in disbelief.

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U.K. Political Expense Scandal

Members of the British Parliament have been accused of billing taxpayers for, among other things, lawn work and manure at their estates. Mark Phillips reports from London on the public s outrage.

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Industrial Production Is Still Growing

China's April industrial output grows less-than-forecast 7.3% as exports fall. (Asia Confidential)

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One Year Later, China Mourns

On the first anniversary of an earthquake which left thousands of schoolchildren dead in China, parents of these victims are now criticizing their government for building negligence. Celia Hatton reports.

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Momentum Trade

Peso is a currency that trades relatively well with momentum. (Bloomberg Edge)

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Currency Trade

Interview and analysis with Claudio Piron of JPMorgan Chase Asia FX, Reasearch Head. (Bloomberg Edge)

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Virtual Colonoscopy Conundrum

Medicare has announced that it will not pay for virtual colonoscopies, although the American Cancer Society says that this screening should be available. Medical correspondent Dr. Jon LaPook reports.

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Atlantis Shuttle Damaged

As the space shuttle Atlantis remains en route to repair the Hubble Telescope, Daniel Sieberg reports that the shuttle itself is in need of repairs as the crew has discovered damaged heat shield tiles.

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Gold Prices Are Six-week High

Sprott asset management buys 7.8% stake in Silver Lake Resources. (Bloomberg Edge)

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Flight 3407 Tapes Released

Audio tapes from Flight 3407 reveal uncertainty in the cockpit just before the plane crashed near Buffalo, N.Y., killing all 49 people onboard and one person on the ground. Nancy Cordes reports.

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China's Industrial And Retail Sales Figures

Interview and discussion with Joseph Zeng of Greenwoods Asset Management, Executive Director. (Bloomberg Edge)

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U.S. Crude Oil Futures

Report and analysis of Christian Schmollinger, Bloomberg editor and reporter. (The Trade)

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Taiwan Blocks Telecom Industries From Mainland China

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

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Asia-Pacific Health Care Index

Report and discussion with Zeb Eckert of Bloomberg News. (The Trade)

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Effect On Australian Dollar

The Dollar index is down to its lowest level since January. (The Trade)

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Banking Stocks In Focus

CBA cuts its dividends to A$1.15 and down 25% a year ago. Impairment climb to as 630 million Australian dollars. (The Trade)

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Tracking The Movers

NEC forecasts return to profit on cost cuts even as sales drop. Aiful says profit will double this year after 85% drop in fiscal 2008. (The Trade)

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Notebook- Credit Card Fees

Kelly Wallace discusses hidden credit card fees which are becoming increasingly prevalent as a result of the recession.

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Inside Look - Sri Lanka Conflict

Thousands of Ethnic Tamils and Supporters Rally in Paris to Urge Sri Lanka Ceasefire; Pro-Liberation Tamil TC Shows Injured at Makeshift Hospital in War Zone; Further Analysis and Discussion with Georgetown University Professor Asoka Bandarage: Ceasefire Calls Putting Pressure on Government That's on the Verge of Vanquishing Tigers (Asia Morning Call)

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Inside Look - Australian Budget Woes

Interview with Graham White of University of Sydney (Asia Morning Call)

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Media Frenzy Over Miss Calif.

Donald Trump, co-owner of Miss USA Pagaent, deemed that risque pictures of Miss California were not grounds to take her crown. CBSNews.com s Editor-in-Chief Dan Farber talks with CBS News correspondent Priya David, who attended the news conference.

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Healthy Economy Now

Healthy Economy Now Ad

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Mobile Newsbreak, 05.12.09

CBS News' Karina Mitchell highlights some of stories making headlines for May 12, 2009.

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Investment Strategies - Finding Values in Europe

Analysis and Discussion with Phillippe Brugere-Trelat of Franklin Mutual Series (Taking Stock)

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Cheney backs Jeb

Cheney Backs Jeb

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After the Bell - Economic Roundtable

Roundtable Discussion with Nouriel Roubini and Joseph McAlinden [FULL CLIP - 18:01] (Taking Stock)

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Cheney Blasts Obama

Cheney Blasts Obama Administration

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In-Depth Look - Intel Shares Rise 2.5% in 2Q

Reaction with Cody Acree of Stifel Nicolaus (Taking Stock)

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Harrison Ford's Hero

Entertainment Tonight's Mark Steines joined Harrison Ford on the set of his new film, "The Untitled Crowley Project" and spoke with Julie Chen about the Hollywood legend's inspiring project.

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Emerging Market Spotlight - Investing in Asia

Analysis and Discussion with Hugh Young of Aberdeen Asset Management (Bloomberg News)

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Economic Expectations - Regulation is Always a Concern

Interview with Lightyear Capital CEO Donald Marron (Bloomberg News)

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Camp Liberty Shooting Update

Only On The Web: Bob Orr reports an update in the deadly shooting at Camp Liberty, Iraq. The shooter has been identified as Sergeant John Russell and has been charged with five counts of murder.

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Exclusive - Obama Beats Buffett

Buffett Gives Bullish Views Before S&P Falls, Obama Calls Bottom Correctly (Bloomberg News)

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Earnings Watch - Applied Materials

Applied Materials Reports 2Q EPS Loss: Act. Ex-Items $0.10 vs. Est. $0.10; An In-Depth Look, Featuring Reaction with Patrick Ho of Stifel Nicolaus (Bloomberg News)

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Market Close 5.12

S&P and Nasdaq Each Fall Less than 1%; Dow Rises Less than 1%; Consumer Staples and Healthcare Best Performers of the Day, Consumer Discretionary and Financials Worst Performers; Auto Related Stocks Fall as Ford Issues Stock and GM Execs Sell Shares; Pfizer's Wyeth Purchase May Boost Dividend (Bloomberg News)

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Miss Calif. Keeps Her Crown

Donald Trump, co-owner of the Miss. USA pageant, announced that Miss. Calif. Carrie Prejean will be allowed to keep her crown after controversial comments made about same-sex marriage and risqu photos that surfaced over the Internet.

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Loaded- Searchology 101

Mobile technology takes center stage, The New York Times launches an Adobe AIR client, and Google promotes the study of what it calls Searchology.

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Tuesday's Gibbs and Takes 5/12/09

Tuesday's Gibbs and Takes 5/12/09

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Journalist Freed In Iran

U.S. journalist Roxana Saberi said that she was very happy to be reunited with her family and expressed warm wishes for those who helped her win her release from an Iranian prison.

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In-Depth Look - GM's Bankruptcy Strategy

Robert Altman Says Quick GM Bankruptcy is Risky; GM's Plan Will Slash Debt, Dealers, Jobs, and Labor Costs (Bloomberg News)

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Raffle To Save A Life

Harry Smith spoke with Chuck Campbell, a former marine in need of a double lung transplant whose family is holding a raffle to pay for the balance of what his health insurance won't cover.

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Obama Top Cops

Obama Top Cops Remarks at the White House

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Learn To Love Your Job

Some people hate their jobs, but the recession has many unable to leave for greener pastures. Harry Smith spoke with psychologist Jeff Gardere on how to love your job.

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Tuesday's Gibbs and Takes 5/12/09

Tuesday's Gibbs and Takes 5/12/09

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Inside Look - Inflation Threat Looming?

Interview with Carnegie Mellon Professor Alan Meltzer (Bloomberg News)

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Geithner Addresses Social Security and Medicare Issues

Live! From Washington D.C. - Treasury Secretary Timothy Geithner Holds News Conference (Bloomberg News)

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Stocks to Watch - CBS, Gannett, Nike, Fluor, Pfizer

CBS Shares Fall for Second Day on Concerns for Advertising Revenue; Gannett Shares Falling 12.5%, Largest Shareholder Apparently Sold in 4Q; Nike Downgraded to Sell at Sterne Agee & Leech; Fluor Beats 1Q EPS Estimates by 21%; According to Credit Suisse, Pfizer Purchase of Wyeth Will Boost Earnings (Bloomberg News)

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Examining Flight 3407

The NTSB is holding a three-day public hearing to determine preventative measures into the crash of Flight 3407 to Buffalo, N.Y. in February killing 50 people. Nancy Cordes reports.

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Inside Look - Investing in Municipal Bonds

Interview with Former Municipal Bond Regulator Christopher "Kit" Taylor (Bloomberg News)

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Real-Life Footloose

Tyler Frost has been suspended from his high school after ignoring the school's mandate against dancing. Harry Smith spoke with Frost and his step-father Stephan Johnson.

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Marco Rubio on FL senate race and direction of GOP

Marco Rubio on FL senate race and direction of GOP

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Obama meets with business leaders on health care reform

Obama meets with business leaders on health care reform

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Obama meets with business leaders on health care reform

Obama meets with business leaders on health care reform

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Another Look - When Luxury Defaults

In-Depth Look on Health of Housing Market, Featuring Analysis and Discussion with with Moody's Chief Economist Mark Zandi (Bloomberg News)

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Commodities Watch - Metals on the Move

Copper Gains First Day in Four, Platinum Gains First Day in Three (Bloomberg News)

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Inside Look - Questions for Housing Market

Has Housing Hit Bottom? - Interview with HUD Secretary (Bloomberg News)

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Crist announces Senate bid

Crist announces Senate bid

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The Art Of Zen Cleansing

Harry Smith spoke with Michael DeJong about his new book "Clean Body: The Humble Art Of Zen-Cleaning Yourself."

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Pope Travels To Israel

Pope Benedict is in Jerusalem where he visited Israel's national Holocaust memorial. As Richard Roth reports, the pope faced the World War II legacy of his native Germany.

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Health Care Cost-Cutting

The U.S spends more on health care than any other country despite a new measure to cut costs, Bill Plante reports. Harry Smith speaks with Secretary of Health and Human Services Kathleen Sebelius.

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The Cost Of Being Debt-Free

Early Show financial contributor Vera Gibbons explains to Harry Smith some of the warnings about companies who offer to reduce credit cards debts for a fee.

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Inside Look - Diversifying Saudi Arabia's Economy

Interview with His Excellency Amr Al-Dabbagh, Governor and Chairman of Saudi Arabian General Investment Authority (Bloomberg News)

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Pilot Training Under Scrutiny

Julie Chen spoke with aviation attorney Mary Schiavo and Sue Pash, whose sister was one of the victim's of Flight 3407, about what will come out of the three-day hearing into the deadly crash.

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Trump, Prejean cite Obama

Trump, Prejean cite Obama

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The Truth About Your Age

Julie Chen spoke with dating coach Evan Marc Katz and More magazine's editor-in-chief Lesley Jane Seymour about the realities of lying about your age to get a date.

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From Beyond The Grave

Harry Smith also with self-described medium James Van Praagh about his book, "Unfinished Business: What the Dead Can Teach Us About Life."

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Soldier's Shooting Rampage

A U.S. Army sergeant is suspected of killing five fellow soldiers at a military counseling center in Iraq, shedding light on combat stress among soldiers. Kimberly Dozier reports.

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Spotlight - A.P. Moeller Maersk

Interview with CEO Nils Andersen (Bloomberg News)

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Sebelius hits morning shows

Sebelius hits morning shows

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Currency Outlook - Safe-Haven Trade Still Safe?

Risk Appetite and Currencies - Analysis and Discussion with Nick Bennenbroek of Wells Fargo (Bloomberg News)

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Morning Show Roundup 5/12/09

Morning Show Roundup 5/12/09

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Market Outlook - Investor Optimism Too Early?

Analysis and Discussion with Nick Heymann of Sterne Agee & Leech (Bloomberg News)

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In-Depth Look - Trade Deficit Widens

An interview with the Secretary of Commerce, Gary Locker with his reaction on the latest US trade deficit. (Bloomberg News)

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In-Depth Look - Investors Rediscovers Emerging Market Stocks

Analysis and discussion with Jonathan Auerbach of Auerbach Grayson with his take on the current market stocks. (Bloomberg News)

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In-Depth Look - Mortgage Rate Indication

Analysis and discussion with Joe Balestrino of Federated Investors with his sense on the motgage rate and the indication that the Fed will buy more treasuries. (Bloomberg News)

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In-Depth Look - Health Care Reform

An interview with Republican Senator John Cornyn of Texas saying that we need a deal with health-care costs. (Bloomberg News)

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Liz Cheney defends her father

Liz Cheney defends her father

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In-Depth Look - Stock Market Reaction

Analysis and discussion with Brian Belski of Oppenheimer & Co. talking about the latest bear market rally. (Bloomberg News)

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Market Open 5.12

Cris Valerio of Bloomberg News at the NYSE with the latest in the market as stocks set to kick off higher. (Bloomberg News)

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Obama for 2016 Chicago Olympics

Obama pushes for 2016 Chicago Olympics

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In-Depth Look - Mortgage Rates

Analysis and discussion with Mahesh Swaminathan of Credit Suisse talking about the mortgage market. (Bloomberg News)

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In-Depth Look - GM Possible Bankruptcy

An interview with Edward Altman of NYU Stern School of Business saying that Chrysler Chapter 11 is a dress rehearsal for a GM bankruptcy. (Bloomberg News)

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In-Depth Look - GM Possible Bankruptcy

An interview with Edward Altman of NYU Stern School of Business saying that Chrysler Chapter 11 is a dress rehearsal for a GM bankruptcy. (Bloomberg News)

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POLITICO Playback 5/12/09

POLITICO Playback 5/12/09

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In-Depth Look - Market Gone Too Far, Too Fast

Analysis and discussion with Laszio Birinyi of Birinyi Associates on his outlook to the market saying that the market is "always ahead of itself". (Bloomberg News)

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In-Depth Look - Richest Tournament In Sports

An interview with Jeffrey Pollack, Commisioner of World Series of Poker talking about the richest tournament in sports as it sets its 40th edition of the world series of Poker. (Bloomberg News)

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Inside Look - Health-Care Summit

An interview with HHS Secretary Kathleen Sebelius with more on the health-care debate. (Bloomberg News)

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In-Depth Look - Has Housing Hit Bottom?

Analysis and discussion with Susan Wachter of The Wharton School with her take on the housing market. (Bloomberg News)

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GM Bankruptcy Concerns

GM shares have fallen more than 20% in the past week and GM CEO Fritz Henderson says that bankruptcy is more probable. (Bloomberg News)

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US Trade Balance

US trade deficit seen wider in March, subtracting from US GDP and US February trade gap fell on plunging imports and rebound in exports as reported by Kathleen Hays of Bloomberg News. (Bloomberg News)

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In-Depth Look - Pent Up Auto Demand

Analysis and discussion with Paul Taylor of the National Automobile Dealers Association talking about the auto industry and insights on numbers of American consumers and their buying habits. (Bloomberg News)

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LeBron Stays Perfect

LeBron James still has not lost the game in the NBA playoffs as Cavs polished off Hawks at 84-74. (Bloomberg News)

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In-Depth Look - Bearish View On The Market

An interview with David Tice of Federated Investors on his outlook on the market saying that this is a secular bear market. (Bloomberg News)

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Qatar PM's Challenge

Qatar Prime Minister has a fascinating challenge, How to invest $20 billion a year? Qatar is the largest exporter of natural gas and earns more from it than oil. (Bloomberg News)

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Auto Stock In Focus - Nissan

Nissan reported that its going to narrow its losses this fiscal year even sales drop. Bloonberg News Mike Firn has the details. (Bloomberg News)

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Honda Picks Up Chrysler,GM Customers

As Chrysler seats in bankruptcy and GM is on the brink, Honda on the other hand is doing to win customers but not really not that much. (Bloomberg News)

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Cannes Kicks Off

The Cannes Film Festival this year runs despite the heavy clouds of the financial crisis. 20 films are in competition packed with plenty of an escape from the recession blues. (Bloomberg News)

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Madoff's Brother Wants Lawsuit Dismissed

Bernie Madoff's brother has asked the judge to dismiss the lawsuit brought against him by a student who claims he lost his entire inheritance to Madoff's investments. (Bloomberg News)

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Stock In Focus - Imperial Tobacco

Imperial Tobacco shares in Europe are sinking on worries on the company will slash its dividend. Linzie Janis of Bloomberg News has the details of the story. (Bloomberg News)

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David Geffen Eyeing NY Times

Billionaire entertainment mogul David Geffen wants to buy the NY Times. (Bloomberg News)

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Roger's Recommendations

Investor Jim Rogers says were about to have a currency crisis and he also says you should bail on the dollar and equities because the rallies has coming to an end. (Bloomberg News)

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Where's The Money, Coleman?

If anyone is keeping track on how the Fed Reserve Loan money is spent? Check out a video being posted on youtube, a discussion between Grayson and Coleman. (Bloomberg News)

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In-Depth Look - Bear Market In Treasuries Begins

Analysis and discussion with Blooberg Editor at Large Tom Keene on his sense on the bear market in bonds. (Bloomberg News)

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Asian Market Check

Asian stocks ended mixed overnight, Susan Li of Bloomberg News has more on the details. (Bloomberg News)

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Oil Inventories

Oil is closing with a $60 a barrel mark today as reported by Rebecca McLaughlin-Duane of Bloomberg News. (Bloomberg News)

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Morris Aide Pleads Guilty

Wall Street Journal reported that one of Morris' associates has plead guilty to security fraud to the investigation into the use of agents into the pension industry. (Bloomberg News)

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European Market Check

Markets in Europe are rebounding following earlier lows as reported by Elliot Gotkien of Bloomberg News. (Bloomberg News)

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AIG Trustees Headed To Congress

AIG will have to answer to taxpayers on Capitol Hill tommorrow and lawmakers to question trustees on US bailout. (Bloomberg News)

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Big Day For Bonds

Credit market open their doors wide yesterday as 13 companies sold $14 billion of new debt. (Bloomberg News)

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Fiat To Decide Who Will Survive

The Italian carmaker Fiat will decide which Chrysler dealer will survive. (Bloomberg News)

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GM Execs Sell Their Shares

GM CEO Fritz Henderson says it more likely than ever that they will file for bankruptcy but top executives are taking some action by dumping their shares. (Bloomberg News)

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Ford Announces Public Offering

Ford is the latest company to tap the stock market to raise more cash and avoid a government bailout. (Bloomberg News)

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March US Trade Deficit

Jon Erichman of Bloomberg News with more on the data of the US Trade deficit in march and how the data could affect the US dollar. (Bloomberg News)

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Bernanke Send Signals To Regulators

The stress test maybe complete but Fed Chairman Ben Bernanke is sending signals that regulators won't be easing up anytime soon. Overall he said banks are well ahead in finding ways to raise capital. (Bloomberg News)

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Bank Of America's Windfall

BofA, under pressure to raise money has found a way to raise more than $7.3 billion that brings BofA CEO closer to that $34billion the bank needs follwing the stress test. (Bloomberg News)

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Health Care Industry's Pledge

The health care industry has pledged to cut the growth in health care costs by one and a half percentage points every year for 10 years. As Bill Plante reports, the savings is $2 trillion.

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N.y./region- Flight Path Simulation

A 3-D animated reconstruction of the final two minutes of Continental Flight 3407 that uses excerpts from the flight data recorder (FDR), the cockpit voice recorder (CVR) transcript, recorded radar data, and aircraft performance data.

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World- Freed Journalist Speaks in Iran

The Iranian-American journalist Roxana Saberi spoke in Tehran after her release on Tuesday.

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Empire State Building to turn green

New York's iconic Empire State Building is getting a green make-over as part of larger efforts to make the city's skyscrapers more environmentally friendly.

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Church 'irrevocably committed' to reconciliation with Jews- pope

Pope Benedict XVI reiterated the Catholic Church was "irrevocably committed" to reconciliation with the Jews, in comments made during a meeting with Israel's two chief rabbis.

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A year on, quake survivors return to Chinese 'ghost town'

Thousands of quake survivors have returned to the ghost town of Beichuan on Tuesday to mourn relatives killed in the disaster a year ago. Nearly 87,000 people died or remain listed as missing.

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Afghanistan welcomes sacking of US general

Residents of Kabul are cautiously optimistic about prospects for a change in policies following the sacking of the top US commander in Afghanistan. General David McKiernan is to be replaced by Lieutenant General Stanley McChrystal, a commander of special operations forces in Iraq and Afghanistan.

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Palestinian Catholics pin hopes on pope

On Wednesday the pope continues his journey through the Holy Land following in the footsteps of Jesus, visiting his alleged birthplace in Bethlehem and childhood town in Nazareth, both in the West Bank. Palestinians are hoping to use the pope's visit to the occupied territory to highlight their plight, while the pontiff's travels aim to encourage the region's dwindling Christian population to remain.

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Excitement rises in Cannes as town prepares for film festival

Cannes is gearing up to open its 62nd film festival. Movie fans and industry bods are flooding in from around the world as the last few touches are made before unrolling the infamous red carpet.

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One year on, China quake town mourns

Tens of thousands of Chinese flooded the streets of one of the towns hardest hit by last year's Sichuan earthquake on Tuesday to mourn loved ones -- or pay their respects to perfect strangers.

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Ultra Orthodox Jews mark 'bonfire' fete in desert

The religious holiday of Lag Ba'Omer is being celebrated in Israel's northern town of Meron, where Orthodox Jews are celebrating with song and dance around the customary bonfire.

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French public 'pawnshop' auctions off fine wines

France's Credit Municipal, a centuries-old institution which offers loans to individuals while holding their personal possessions as security, has undertaken its first-ever sale of fine wine. The bottles that went under the hammer on Tuesday had all been exchanged for cash, but their owners failed to pay back the debt within in a year.

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Months-long student strike puts diplomas in peril

From Paris's reputed Sorbonne University to the provinces of France, thousands of students have been on strike for months, blocking access to universities and shutting down classes in protest against reforms carried out by the right-wing government.

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Pope visits holy Muslim, Jewish sites in Jerusalem

Pope Benedict XVI became the first leader of the Catholic Church on Tuesday to enter the Dome of the Rock shrine, the holiest Islamic site in Jerusalem. The 82-year-old pontiff also prayed at the Wailing Wall on his pilgrimage to the Holy Land.

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Spanish tenor Domingo to perform in Paris

Spanish tenor Placido Domingo will appear in Paris after an eight-year absence in the lead role in "Cyrano de Bergerac" by Franco Alfano, at the Chatelet Theatre until May 31.

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Ex-Nazi camp guard deported from USA to Germany

Ex-Nazi death camp guard John Demjanjuk was deported from Ohio in the United States to Germany late on Monday to answer charges that he assisted in the murder of over 29,000 Jews during World War II. The 89-year-old Ukrainian-born man landed in Munich airport early on Tuesday aboard a specially-chartered plane. Demjanjuk was expected to have formal charges against him read out on his arrival in Munich and then be transferred to the nearby Stadelheim prison, where he will undergo a medical examination. Images of Demjanjuk's departure from Cleveland's Burke Lakefront Airport.

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Weekly Economic Insights- Spending Yet to Match Mood

Gallup Poll Editor in Chief Frank Newport talks in depth about this week's data from Gallup's core economic indexes, including the Consumer Mood Index, the Net New Hiring Index, and the Consumer Spending Index.

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China mourns lost children a year after the quake

A year after the Sichuan quake left nearly 87,000 dead or missing, families are still mourning the loss of children killed when their schools caved in on them. Their grievances remain highly sensitive.

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