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Wednesday, May 13, 2009

'Angel' Jaclyn Smith On Farrah

Star from the hit TV shows "Charlie's Angels" and "Shear Genius," Jaclyn Smith describes her past battle with breast cancer, her friendship with former costar Farrah Fawcett, and her clothing line.

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Video Trail Mix- Cheney Brings Checkers to a Chess Fight

CQ Politics blogger Craig Crawford says the Obama-Cheney torture match is Washington's favorite spectator sport - but the two contestants are playing different games.

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The Economy's Ripple Effect

It would be hard to find anyone who hasn't been affected by the U.S. recession because of the economy's interconnectedness. Cynthia Bowers reports on the ripple effect.

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A Test For Dementia

Researchers have developed a test for dementia that measures your risk. Risk factors for the disease depend, in part, on how you live. Dr. Jon LaPook reports.

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Behind The Scenes With Anna Wintour

Vogue editor Anna Wintour compares her magazine to a "glamorous girlfriend." Morley Safer previews his upcoming 60 Minutes report on the fashion icon.

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My Mom Has A Facebook Page

Facebook is expanding amid people over 35, creating some awkward social questions for parents and kids. Sandra Hughes reports.

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China's Rebound

Stiglitz says China may emerge 'winner' from global financial crisis. (Asia Confidential)

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A Patent On Your Genes

Private companies hold the patent rights to some of the genes in your body. The companies say it helps them develop treatments for diseases, but others say it s a bad idea. Wyatt Andrews reports.

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Rio & Chinalco- Dead Deal

Analysis and discussion with Gordon Chang Author of "The Coming Collapse of China". (Asia Confidential)

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Obama Changes His Mind

President Obama has reneged on an agreement that he made to release photos showing U.S. troops allegedly abusing prisoners. Bill Plante reports.

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Pope Has Message For Foes

Pope Benedict spent the day in Bethlehem, the traditional birthplace of Jesus. And as Richard Roth reports, the Pope brought a message for two old enemies.

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Indonesian Stocks- Best Performer In Asia

Indonesian stocks are up more than 40% this year. (The Bloomberg Edge)

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Fixing The Hubble Telescope

Up in space, the Atlantis crew made a spectacular catch of the Hubble telescope. The crew aims to fix Hubble, which has been taking picture of far off galaxies for 19 years. Daniel Sieberg reports.

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Sony Restructuring

Sony cuts 16,000 jobs worldwide, shuts plants, slashes executive pay and forecast $1.2 billion of its restructure cost this year, which might lead to double amount in savings. (The Bloomberg Edge)

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Increase Demand For Riskier Assets

Morgan Stanley keeps bearish stance on European stocks amid rally. (The Bloomberg Edge)

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Bond Picks In Asia

Analysis and discussion with Walter Molano of BCP Securities Head of Research. (The Bloomberg Edge)

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Obama On Torture Photos

CBS News RAW: Appearing before an assembly of reporters, Pres. Obama explained why he supports the withholding of alleged abuse by U.S. soldiers of prisoners in Iraq and Afghanistan.

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Notebook- Women In Afghanistan

As the Taliban continues to torture and even murder Afghanistan females who wish to gain an education, Katie Couric says that the human rights of these women should not be overlooked.

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Risk Appetite In Currencies

Analysis and discussion with Richard Yetsenga of HSBC Asia Currency Strategist. (The Trade)

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Philippines Earnings

San Miguel may raise $800 million selling beer, packaging units. (The Trade)

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Philippine Earnings

San Miguel may raise $800 million selling beer, packaging units. (The Trade)

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CBS Poll On Obama

CBSNews.com editor-in-chief Dan Farber speaks with Sarah Dutton, director of surveys for CBS News, about a recent poll which analyzes the American public's favorability of Pres. Obama's policies.

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EU Fines Intel $1.45 Billion

Intel has never required a customer to agree not to but from AMD in order to obtain a discount, nor raised customers prices when he decided to purchase from AMD, says Bruce Sewell. (The Trade)

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Emerging Market Currencies

Chinese buyers buys more commodities, they say that this is supportive for commodity exporters. (The Trade)

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Australia's Market Movers

Macquarie Bank is down by almost 4.5%. (The Trade)

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Japanese Stock Market

Nikon forecasts biggest loss in 11 years as camera prices fall. (The Trade)

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Video Trail Mix- Cheney Brings Checkers to a Chess Fight

CQ Politics blogger Craig Crawford says the Obama-Cheney torture match is Washington's favorite spectator sport - but the two contestants are playing different games.

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Shareholders Fight Back

At a question-and-answer session with Allied Irish Banks chairman Dermot Gleeson, an angry shareholder pelted him with eggs. The country's largest bank raised its 2009 projection from bad loans to over $4 billion.

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Craigslist To Pull Down Erotic Ads

The popular Internet site Craigslist has decided to pull down its erotic services section. A new adult services section will replace it. As Kelly Wallace reports, many question how the new section will be monitored.

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Traveling Press Corps

Katie Couric introduces viewers to the reporters accompanying Secretary of Defense Robert Gates on his five-day trip to the Middle East and Afghanistan.

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Flight on a C-17

This video features some beautiful scenery of Afghanistan as Katie films takeoff from the cockpit on her way from Kabul to southern Afghanistan.

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Women and Saudi Society

Katie Couric explains the rules for women in Saudi culture, who must wear abayas and headscarves to walk in public. She shows viewers Chop Chop Square, where public executions are performed.

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In the Cockpit

On her flight from Riyadh to Kabul, Katie takes us inside the cockpit to meet the Air Force pilots flying the plane.

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Matthews on Palin the Author

Matthews on Palin the Author

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Inside Look - Cracking Down on CEO Pay?

Obama and Executive Pay - Analysis and Discussion with Scott Talbott of Financial Services Roundtable (Taking Stock)

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First Look - SEDAs

Standby Equity Distribution Agreements - Interview with Yorkville Advisors Founder/President Mark Angelo (Taking Stock)

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Wednesday's Gibbs and Takes

Gibbs and Takes

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Inside Look - The Eye of the Storm

Global Trade Still Stalled, The Future of Investment Banks - Analysis and Discussion with Dahlman Rose Founder/CEO Simon Rose (Taking Stock)

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Egg Sculpture Sells for Over $5.5 Million

Sotheby's Contemporary Art Sale Slumps 87% from Last Year's Record (Bloomberg News)

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Obama responds to photo reversal

Obama Responds to Photo Reversal

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Obama on Sri Lanka

Obama on Sri Lanka

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In-Depth Look - Car Dealers Face Closures

GM and Chrysler Urban Dealers Likely to See Bulk of Cuts (Bloomberg News)

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FX Value Play - Big Mac Index

Big Mac Index - How Much is Your Currency Worth? (Bloomberg News)

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Market Movers - Whole Foods Markets, Jack In The Box, CA Inc

Whole Foods Shares Rise 10%, Boasting One of the Biggest Returns on S&P 500 After Beating EPS Estimates by Five Cents; Jack in the Box EPS Beats Estimates, Same Store Sales Increase 0.4%; CA 4Q Profit Tops Estimates, CEO Plans Job Cuts (Bloomberg News)

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Inside Look - Pay Limits for Financial Services Industry

Interview with North Jersey Community Bank CEO Frank Sorrentino

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Soldier's Father Speaks

The alleged shooting by Army Sgt. John Russell underscores the lack of psychiatric care for PTSD affected soldiers in Iraq. Harry Smith speaks to Russell's father Wilburn Russell and a veterans' advocate.

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Leahy on Pelosi- "Straw Woman"

Leahy on Pelosi: "Straw Woman"

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Market Close 5.13

S&P Falls 2.7%; Dow Falls 2.2%; Nasdaq Falls 3%; Financials and Materials Worst Performers of the Day; Retail Sales Fall to Longest Two-Week Drop Since November; S&P Homebuilding Index Falls Roughly 5.8% (Bloomberg News)

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Inside Look - AIG Bailout

Interview with Rep. Edolphus Towns (D) of New York (Bloomberg News)

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Never Give Up

Gary Lynn has Cerebral Palsy and his using his disability to help others with the same disease. Harry Smith reports on his remarkable story.

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Inside Look - Fixing the Auto Industry

Will Auto Suppliers Survive? - Interview with Ron Overton, Chairman of the National Tooling and Machinists Association (Bloomberg News)

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Gibbs' cellular circus

Gibbs' Cellular Circus

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The Power Of Sleep

Most of us wish we could squeeze more hours into our sleep and ditch the caffeine. Mitch Butler and Josh Landis switched to decaf to find out what s really happening when we close our eyes.

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Melina Kanakaredes Writes CSI

Melina Kanakaredes, star of the hit CBS series CSI, talks to Maggie Rodriguez about turning out an episode written by her and meeting Pope Benedict XVI.

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Inside Look - "Signs" of the Times

Bilboard-type Ads on Store Fronts Gain Ground - Interview with Jeff Cohen of Inwindow Outdoor (Bloomberg News)

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How Men Can Age Gracefully

Nutritionist Oz Garcia tells Harry Smith how aging men can "beat the odds" to maintain health, looks and sex drive.

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Swim Diaper Precautions

Certain germs may not be eliminated by chlorine, says Dr. Jennifer Ashton, who explains good poolside diaper hygiene to Harry Smith.

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Inside Look - Manufacturing and the Credit Crisis

Interview with Sen. Sherrod Brown (D) of Ohio (Bloomberg News)

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In-Depth Look - Intel Fined by EU Regulators

EU Fines Intel $1.45 Billion - Reaction with Kevin Cassidy of Thomas Weisel Partners (Bloomberg News)

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POLITICO Podcast- Tim Gunn

POLITICO Podcast: Tim Gunn

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In-Depth Look - Enhancing Wall Street Resumes

128,600 Investment Professionals Enrolled to Take CFA Exam in June (Bloomberg News)

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Fixed Income Outlook - Treasuries Losing Appeal?

According to Bloomberg Survey, Investors Most Bearish on Treasuries Since June 2008; Analysis and Discussion with Kevin Flanagan of Morgan Stanley Global Wealth Management (Bloomberg News)

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Stocks to Watch - MGM Mirage, Las Vegas Sands

MGM to Raise Capital by Selling $1 Billion in Stock and Issuing $1.5 Billion in Secured Notes, Also Makes Tender Offer to Buy 2009 Bonds, With an Offer to Redeem Other Notes; Las Vegas Sands Plans to Cut Up to 4K Jobs, Including Those Based in Macau (Bloomberg News)

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Joan Rivers, For A Laugh

Semi-legend Joan Rivers talks to Harry Smith and Maggie Rodriguez about winning "Celebrity Apprentice", Miss California's stand on gay marriage and breast implants.

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Newt Gingrich's Five Principles

Newt Gingrich's Fiv e Principles

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Saying "I Do" In A Recession

Susan Koeppen shows Maggie Rodriguez how to find the perfect wedding dress without breaking the bank.

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An Angel's Reward

Gary Lynn was born with Cerebral Palsy but that hasn't stopped him from striving to help others with the same disease. Harry Smith had the surprise of a lifetime for this devout sports fan.

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In-Depth Look - Real Rate Shocks Business Growth

Real Rate = Yield - Inflation (Bloomberg News)

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Inside Look - Global Confidence at Nineteen-Month High

Analysis and Discussion with Julian Callow of Barclays Capital (Bloomberg News)

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Rise Of "Robo Calls"

Susan Koeppen spoke with Maggie Rodriguez about a new wave of "Robo Calls," automated calls from telemarketers and how you can determine which companies to trust.

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Colgan Buffalo Crash Detailed

The NTSB will focus on pilot training for regional jets after the deadly Buffalo, N.Y. crash earlier this year, reports Nancy Cordes. Julie Chen speaks to former FAA official Michael Goldfarb.

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In-Depth Look - No Turnaround Yet for Applied Materials

Roundtable Discussion on Why Applied Materials Shares are Continuing to Fall (Bloomberg News)

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In-Depth Look - Chrysler Bankruptcy May Last Two Years

Obama Said to Understate Chrysler "60-Day" Bankruptcy Schedule as Employee and Creditor Claims May Take Years; Accord Prevents UAW Strike Through 2015 (Bloomberg News)

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The Currency Report - Japanese Yen

Japanese "Housewives" aka Individual Investors Betting on Yen Weakening (Bloomberg News)

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Morning Show Roundup 5/13/09

Morning Show Roundup 5/13/09

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International Perspective - Economic Recovery Will Be Slow

European Markets Fall on Disappointing Earnings - Analysis and Discussion with Roger Nightingale of Pointon York: Interest Rates Will Be at "Negligible Levels" for Years (Bloomberg News)

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Miss Calif. Strikes Back

After being told by Donald Trump that she can keep her title as Miss California, Carrie Prejean spoke with Maggie Rodriguez about the firestorm of controversy she's faced.

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Obama congratulates Waxman

Obama congratulates Waxman

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Obama, Pelosi set health care timetable

Obama, Pelosi set health care timetable

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Inside Look - Retail Sales Fall Unexpectedly

Retail Stocks Falling on Worse Than Expected Earnings - Further Analysis and Discussion with Marshal Cohen of NPD Group (Bloomberg News)

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Morning Show Roundup 5/13/09

Morning Show Roundup 5/13/09

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In-Depth Look - Reaction To Energy Data

Interview and discussion with Mary Novak of the IHS Global Insight. Novak discusses the inventory oil numbers and the drawndown in oil inventories. (Bloomberg News)

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Obama Meets with Democrats on Healthcare Reform

Live! From the White House: President Barack Obama Holds News Conference (Bloomberg News)

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In-Depth Look - Where To Invest Now

Analysis and discussion with Nicholas Sargen of the Fort. Washington Investment Advisors. He recommends bonds over stocks, investments grade over high yield for now. (Bloomberg News)

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In-Depth Look - Baltic Dry Index

Analysis and discussion with Peter Boockwar of the Miller Tabak & Co. He talks about the dramatic drop of the Baltic Dry Index. (Bloomberg News)

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Market Open 5.13

Cris Valerio is live in the New York Stock Exchange with the latest updates. (Bloomberg News)

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POLITICO Playback 5/13/09

POLITICO Playback 5/13/09

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Schumer- A woman "preferable"

Schumer on SCOTUS pick: A woman "preferable"

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Global Confidence At 19-Month High

More and more investors are seeing the glass half full. That was the finding of our latest Bloomberg Global confidence index, which is that the highest level in 19 months. (Bloomberg News)

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White House poetry slam

White House hosts music, poetry, and spoken word

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In-Depth Look - Macy's 1Q Earnings Reaction

Interview and discussion with David Abella of the Rochdale Investment Management. He says that he is not surprise that Macy managed to have better than expected numbers. (Bloomberg News)

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Elizabeth Edwards calls out McCain

Elizabeth Edwards calls out John... McCain?

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In-Depth Look - Government May Alter Executive Pay Policies

Interview and discussion with the Former SEC Chairman, Arthur Levitt. He talks about the issues in the new rules the Obama administration is implementing on how financial companies can pay their executives. (Bloomberg News)

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In-Depth Look - The Chrysler Bankruptcy

Interview and discussion with Martin Bienenstock of the Dewey & LeBoeuf. He talks about the bankruptcy process Chrysler is facing. (Bloomberg News)

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Retail Sales Ex-Autos Seen Up In April

Retail is everything from clothing stores to gas stations. It is forecasted to be flat in April after a big drop in March. (Bloomberg News)

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In-Depth Look - Foreclosure Filings Hit For 2nd Month

Analysis and Interview with Rich Sharge of RealtyTrac. He talks about the foreclosure in April that rose to a record for the second consecutive month. (Bloomberg News)

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Bank Of England Sees 'Relatively Slow Recovery'

Wild swings in demand benchmarks for three days. The FTSE opened higher but heading lower again. The Bank of England quarterly inflation report found the banks are relatively having a slow recovery. (Bloomberg News)

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Hedge Funds Return 3.4% In April

Hedge funds returned 3.2% in April. It is the third report to show a gain more than 3% last month. Hedge fund research said April was even better with 3.8%. (Bloomberg News)

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Yankees Sell Memorabilia

The Yankees are selling 1500 pieces of memorabilia from their old stadium, including seats, photographs, and the home plate. (Bloomberg News)

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Celtics Defeat Magic 92-88

Celtics manage to make a 3-2 lead during the playoffs. (Bloomberg News)

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Sotherby Art Sale Slumps

The art market has been slammed by the recession. Buyers spent $47 million compared to $315 million last year. (Bloomberg News)

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Picard Sues Hedge Fund

Madoff liquidation trustees sues for billions of ill-gotten gains. (Bloomberg News)

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Whole Foods Reports After Hours

Whole Foods is one of the best performing stocks this year at a gain of 130% of the S&P 500 today. (Bloomberg News)

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Pay Overhaul Talks - WSJ

The White House begins serious talks about how it can change compensation practices across the finance industry including those who did not receive bail out money. (Bloomberg News)

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In-Depth Look - Anticipating April Retail Sales

Tom Keene, Bloomberg News editor at large. He talks about the grimmest report. 10.8% - 10.6% unemployment. (Bloomberg News)

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Inside Look - Allianz Reports 1Q Earnings

Analysis and discussion with Helmut Perlet, CFO of Allianz SE. He shares his outlook in terms of profit of the company. (Bloomberg News)

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Is Economy Rebounding?

The Carlyle Group is one of the top equity firms with $85 billion in wealth. David Rubenstein is the co-founder and president of Economic Club of Washington. He told Bloomberg that the economy is headed towards a rebound. (Bloomberg News)

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Citigroup's Primerica Seeks Bids

Citigroup's life-insurance unit Primerica is trying to sell a piece of it to private equity investors. (Bloomberg News)

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Big Mac Index - FX Value Play

In the fast-food world, people go to McDonald's for a value meal. In the currency world they go to the Big Mac Index. (Bloomberg News)

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'Naked Greed' In Yellowstone Case

A bankruptcy judge has ruled that credit Suisse may have predatory loans that back up to Yellowstone. The Yellowstone club was a ski resort in Montana whose owners attracted a high-end clientele. (Bloomberg News)

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Quarter "Better Than Expected" - Intel CEO

So far so good, Intel says. It says orders this quarter quote a little better than expected. (Bloomberg News)

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Ford's Gains Ease Concerns

Ford has managed to avoid a federal bailout but its investors are still waiting for the carmaker to stop losing money. (Bloomberg News)

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Fiat's Italian Unions Meet German Counterparts

Germany's biggest union for manufacturers will meet the Italian unions today in Frankfurt right next where Opel producers cars in a suburb outside Frankfurt. (Bloomberg News)

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Chrysler Bankruptcy May Last 2 Years

President Obama likely understated Chrysler posted bankruptcy by two years. (Bloomberg News)

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Bill Miller Vs Meredith Whitney

Two big Wall Streets names and two different perspectives on bank stocks. "The Bull and the Bear" (Bloomberg News)

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Taylor Is Critical Of Fed Moves

John Taylor says the Fed may need to boost interest rate and remove excess liquidity to the market. (Bloomberg News)

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Greenspan Sees Signs Of Recovery

Housing remains the critical Achilles' heel of the economy. Alan Greenspan says he does see the beginnings of a bottoming in the housing market. (Bloomberg News)

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Foreclosure Filing Hit Record High

Foreclosure violence was at a record high in April for a second straight month. Rising delinquencies have been blamed for the big drop in home prices, which fell 14% last quarter. (Bloomberg News)

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Asia Pacific- Stalemate in Korangal Valley

The American counter insurgency in this Taliban stronghold in Kunar Province has been at a bloody draw for years now.

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Middle East- Mission Impossible

Drug-resistant tuberculosis is rampant in Karachi's dense slums. And health dedicated to solving the crisis are challenged by a series of cultural barriers.

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Saving Iraq’s cultural heritage

A team of Iraqi archaeologists and cultural preservationists are being trained by Chicago's archaeological Field Museum in an effort to bring much needed skills back home to look after cultural heritage put in danger by recent events.

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Helping Hubble

Astronauts on the space shuttle Atlantis grabbed the high-flying Hubble Space Telescope Wednesday, after a successful rendezvous for an ambitious spacewalking overhaul of the lab.

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Sotheby's contemporary art auction

Sales at Tuesday night's contemporary art auction gave some indicators of a troubled art market.

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Cannes Red Carpet- "Up"

Cannes rolled out the red carpet Wednesday to welcome a bevy of movie megastars and A-list directors at the opening of the world's top cinema showcase. The film fortnight kicked off with the world premiere of Pixar's 3D cartoon comedy "Up."

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Cannes film festival enters new dimension

Disney Pixar's 3D film "Up" will kick off the 62nd Cannes festival on Wednesday as stars and cinema buffs from around the world descend on the French Riviera for the annual movie love-in. Interview with director and crew.

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Cannes Excerpts- 'Up'

Disney Pixar's 3D film "Up" kicks off the 62nd Cannes festival as stars and cinema buffs from around the world descend on the French Riviera for the annual movie love-in. Trailer excerpt for "Up."

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Liza Minnelli in Paris

American singer Liza Minnelli was in Paris on Wednesday, to talk to the AFPTV about her new show - coming in the French capital on June 7.

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Record fine for Intel in new EU anti-trust battle

EU anti-trust regulators fined Intel a record 1.06 billion euros (1.45 billion dollars) on Wednesday, claiming it uses its stranglehold on the microchip market illegally to crush its main rival. Images and soundbites.

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From China quake zone, an amputee's messsage of hope

One thing kept Huang Li going for the four days she was buried under the rubble following China's massive earthquake last year -- the will to survive. Now she is hoping to pass that spirit on to others.

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French Tamils protest against Sri Lankan army offensive

About 100 people blocked traffic at Place de la Republique in central Paris on Wednesday to demand an end to the Sri Lankan government's offensive against separatist Tamil Tiger rebels in their homeland. According to United Nations estimates, some 6,500 civilians have been killed and 14,000 wounded in the offensive, which has seen 200,000 refugees fleeing the front line and left 50,000 trapped by the fighting. Images and soundbite of the demonstration.

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Pope in West Bank calls for Palestinian homeland

Pope Benedict XVI called on Wednesday for a Palestinian homeland and urged youths to resist temptation for "terrorism" in his first trip to the occupied West Bank. He has performed mass in Bethlehem and will continue his visit at Christian holy sites in the city, as well as the Aida refugee camp.

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Conflict leaves Congo's fertile land fallow

The east of the Democratic Republic of Congo is one of the most fertile places on earth but for the last 15 years, near-constant armed conflict have meant that locals have not been able to cultivate their land, forcing them to rely instead on food aid for survival.

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Analysts predict a shaky coalition government in India

As millions of voters cast their final ballots in India's marathon election, analysts predict no party will emerge with an absolute majority.

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Slain Guatemalan lawyer left video accusing president

A lawyer who was fatally shot in Guatemala's capital Sunday left behind a videotape in which he accuses the country's president of having arranged his murder. Rodrigo Rosenberg is seen on the tape naming President Alvaro Colom and three others as co-conspirators.

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Russia sees first gay marriage request

Homosexuality has been legal in Russia for sixteen years - but gay men and women still face widespread homophobia. Now for the first time a lesbian couple have lodged an official request to get married. The request is certain to be denied, but as a gesture they hope it could still have a lasting effect.

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Economic crisis gives new lease of life to communism in Japan

Communist Japan. It may sound strange, but one of the upshots of the current economic crisis is a dramatic surge in party membership among the young and even a Manga comic book version of Karl Marx's Das Kapital.

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Few Say Female Supreme Court Pick is "Essential"

While many observers expect President Obama to choose a woman to replace retiring Supreme Court Justice David H. Souter, only 6% say it is essential. The majority of Americans (64%) say it doesn't matter.

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