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Tuesday, May 26, 2009

Will Sotomayor Get The Job?

CBS News' Chief Legal Analyst Andrew Cohen offers analysis on Sonia Sotomayor's Supreme Court nomination, the roadblocks ahead and what she can bring to the table if she becomes the first Hispanic justice.

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The North Korean Threat

Marc Faber believes that every country is entitled for nuclear weapons, or no country with nuclear weapons. (Asia Confidential)

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Sonia Sotomayor In Depth

CBS News' Priya David gives insight into who Sonia Sotomayor is, from her humble beginnings in Bronx, N.Y. to becoming the first Hispanic woman nominated to be a Supreme Court justice.

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U.S. Recovery At The End Of The Year

Analysis and discussion with Marc Faber, Publisher: The Gloom, Boom & Doom Report. He tackles about the U.S. economy and its recovery. (Asia Confidential)

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Who Is Sonia Sotomayor?

Raised in The Bronx, one of New York's most poverty-stricken boroughs, Sonia Sotomayor has now been elected as a nominee for a vacant slot on the U.S. Supreme Court. Priya David has her story.

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Washed Out To Sea

Beach renourishment is a method of saving beaches from erosion and is a popular among wealthy beach property owners, but a new Congressional reports shows it's just a waste of taxpayer dollars.

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Inside N. Korea Missile Test

U.S. officials are investigating nuclear missile tests conducted by North Korea in order to determine the purpose of the experiments. As David Martin reports, new sanctions may be imposed by the U.N.

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Obama Makes Supreme Court Pick

President Obama has selected Federal Judge Sonia Sotomayor, who is of Hispanic descent and maintains liberal positions, as his nominee for the opening on the U.S. Supreme Court. Chip Reid reports.

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Town Goes To The Birds

Taylor, Texas, is battling against an onslaught of egrets that have become a health hazard for residents. As Don Tegue reports, they've thought of a noisy solution to get rid of them.

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Supreme Court Pick Criticized

In the wake of President Obama's nomination of Sonia Sotomayor to fill the open position on the Supreme Court, Wyatt Andrews reports conservatives are remaining highly skeptical.

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Asian Stock Market

Japan's exports fall at slower pace as worst postwar recession moderate. (The Bloomberg Edge)

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Remy Cointreau Missed Sale Estimate

Analysis and discussion with Jean-Marie Laborde of Remy Cointreau CEO. He talks about Remy Cointreau and its exceptional costs. (The Bloomberg Edge)

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Proposition 8 Culture War

Same-sex marriage supporters now face defeat in California, where the state's Supreme Court has upheld a vote which defines marriage as a union between a man and a woman. John Blackstone reports.

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Improvement In Consumer Confidence

Index of expectations for the next 6 months rose to 72.3 highest since 2007. (The Bloomberg Edge)

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H-Shares Vs. Taiwan Shares

Chiu says he took some profit on China, Taiwan property stocks; still 'overweight'. (The Bloomberg Edge)

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Dollar Unwinding

Analysis and discussion with Simon Grose-Hodge of LGT Bank in Liechtenstein. He talks about risk rally in currency. (The Trade)

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Charges On Airline Amenities

Qantas Airways follows Singapore in charging for an exit row seat with extra leg room. (The Trade)

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Stocks Scarred Most By Lehman

S&P earnings yield exceeds investment grade bond yields by most on record. (The Trade)

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Obama picks Sotomayor

Obama picks Sotomayor

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Risk Appetite In Trading

Report and analysis with Patricia Lui of Bloomberg News. She talks about the currency market. (The Trade)

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Inevitable Recovery

ANZ bank resumes trade after seeking to raise nearly $2 billion. (The Trade)

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Exporters Raise Hopes On Consumer Demands

Crude raised to a six-month increase on the hopes that rise in consumer confidence will mean higher industrial output. (The Trade)

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Newsbreak- Twitter Coming to a TV Near You

Pres. Barack Obama nominates U.S. Supreme Court Justice, Twitter on TV, CA High Court upholds gay marriage ban

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W.H. talking points on Sotomayor

W.H. talking points on Sotomayor

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Prop 8 Strikes Protest

The Calif. Supreme Court upheld a voter-approved ban on same-sex marriage, but it also decided that the gay couples who tied the knot before the law took effect will stay wed. Hank Plante reports.

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Biden at Middle Class Task Force meeting

Biden at Middle Class Task Force

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Gibbs and takes- 5/26

Gibbs and takes- 5/26

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Congress reacts to Sotomayor pick

Congress reacts to Sotomayor pick

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M&A Focus - Exelon's Bid for NRG

Analysis and Discussion with Angie Storozynski of Macquarie Capital (Taking Stock)

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Analyst Actions - FBR on First Solar

Interview with FBR Capital Markets Analyst Mehdi Hosseini: Downgraded Stock to "Underperform" (Taking Stock)

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Inside Look - Collecting Fast Cars

Ferraris for Sale - Analysis and Discussion with Jim Glickenhaus (Taking Stock)

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Series- "Expedition Africa"

Mark Burnett, the creator of "Survivor," talks to Julie Chen about his new unscripted adventure series for the History Network.

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Auto Outlook - GM Bankruptcy is Almost Certain

Analysis and Discussion with George Magliano of IHS Global Insight (Taking Stock)

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Limbaugh on Sotomayor

Limbaugh on Sotomayor

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Going Green by Going White

US Energy Secretary Steven Chu Says Paint Flat Roofs White to Fight Climate Change, "Cool Colors" for Sloped Roofs (Bloomberg News)

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Market Movers - Take-Two Interactive, Cree, Terremark

Take Two Reports Narrower Than Expected Loss, 4Q Profit However Ahead of Analysts Estimates; Cree Shares Rise 9%, Raises Full Year Targets and Says Revenue Will Come Ahead of Estimates; Terremark Worldwide Profit Beats Estimates, Shares Rising However on VMWare's Stake Increase (Bloomberg News)

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Inside Look - No Clear Signs of Recovery in Home Prices

Home Prices Extend Decline - Analysis and Discussion with David Blitzer of S&P (Bloomberg News)

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Jarrett on picking Sotomayor

Jarrett on picking Sotomayor

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Market Close 5.26

S&P Rises 2.6%; Dow Rises 2.4%; Nasdaq Rises 3.5% (Bloomberg News)

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Britain's Green Health Club

In England, they have given the term 'health club' a whole new meaning. Elizabeth Palmer reports a greener way to get into shape.

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Sessions- Uneasy on Sotomayor

Sessions: Uneasy on Sotomayor

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Stocks to Watch - Bank of America, Chimera Investment Corp.

Bank of America Raised to "Market Perform" by Friedman Billings Ramsey; Chimera Investment Trying to Sell 140 Million Shares, Tries to Raise $600 Million (Bloomberg News)

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'Belle's Angels' Chopper Mamas

Leslie Prevish, women's outreach manager for Harley-Davidson Motor Co. speaks with Maggie Rodriguez about the growing rate of women on Motorcycles.

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Living Lean and Green

Author Sophie Uliano shares her tips with Maggie Rodriguez for homegrown veggies and other ways to live eco-friendly and economy friendly.

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Consumer Questions Answered

Consumer correspondent Susan Koeppen offers tips to Harry Smith by answering viewers' questions on gas prices, car insurance and grocery shopping.

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Early Show Word Quiz

Maggie Rodriguez shares a childrens' book entitled "CDC" that helps children learn to say new words.

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Saving Marriages And Money

Financial contributor Vera Gibbons shares tips with Harry Smith for couples who wish to uphold "death, not debt do us part."

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Pundits React to Sotomayor pick

Pundits React to Sotomayor pick

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If Facebook Was Publicly Traded...

Facebook Would Be 197th Biggest Company in S&P 500 and It Would Be Bigger Than Starbucks or Safeway (Bloomberg News)

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Obama Nominates Sotomayor

President Obama nominated federal appeals court Judge Sonia Sotomayor, 54, from the New York Court of Appeals to the U.S. Supreme Court. She is a Princeton University Summa Cum Laude graduate.

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Anita Dunn on Sotomayor

Anita Dunn on Sotomayor

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Obama Nominates Sotomayor

President Obama nominated federal appeals court Judge Sonia Sotomayor, 54, from the New York Court of Appeals to the U.S. Supreme Court. She is a Princeton University Summa Cum Laude graduate.

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Update - GM on the Brink

Bondholders Steer GM's Fate - GM is Offering Bondholders 10% Stake for $27 Billion in Debt (Bloomberg News)

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Sotomayor on making policy

Sotomayor on Court of Appeals making policy

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Another Look - Sotomayor Nomination

Interview with White House Communications Director Anita Dunn (Bloomberg News)

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Inside Look - Consumer Confidence at Eight Month High

Analysis and Discussion with Conference Board Economist Ken Goldstein (Bloomberg News)

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Ackman Fights for Target Board Seat

Bill Ackman Won't Sell Target Stake for at Least Five Years if Elected to the Board; According to Barron's, Ackman's Plan May Lack Value (Bloomberg News)

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Mid-Cap Momentum Plays

Stocks to Watch - Community Health Systems, Universal Health Systems, Valeant Pharmaceuticals (Bloomberg News)

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Oil Outlook - OPEC Minister Meeting Thursday in Vienna

Tracking Oil Prices - Analysis and Discussion with Fadel Gheit of Oppenheimer & Co. (Bloomberg News)

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In-Depth Look - JPMorgan's WaMu Windfall

JPMorgan Stands to Reap a $29 Billion Windfall Thanks to Accounting Rule that Transforms Bad Loans from Washington Mutual Into Income (Bloomberg News)

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Jon And Kate's Rocky Marriage

Body language expert Lillian Glass explains to Julie Chen what Jon and Kate's behavior could mean following their season premiere of "Jon & Kate Plus 8."

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Germany Bans Red Bull Cola

Trace amounts of cocaine were found in Red Bull Cola, prompting Germany to ban the product. Dr. Jennifer Ashton explains the health risks for consumers to Maggie Rodriguez.

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Schumer on Sotomayor

Schumer on Sotomayor

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Sector to Watch - Technology

Technology Stocks Lead Rally - Barclays Raises Qualcomm 2010 Earnings Estimates; Apple Shares Rise Over 5% After Morgan Stanley Upgrade to "Overweight" (Bloomberg News)

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More Perspective - Obama Makes Supreme Court Selection

Interview with Sen. Charles Schumer (D) of New York (Bloomberg News)

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Boy Drives Ill Dad To Safety

A Nebraska father has a hypoglycemic attack behind the wheel and his 6-yr.-old son saves their lives by taking the wheel, reports Michelle Gielan.

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Obama To Appoint Sotomayor

Harry Smith reports Sonia Sotomayor will be President Obama's nomination to replace Justice Souter. She would be the third woman and first Hispanic on the Supreme Court if confirmed.

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S&P 500 Keeps the Rally Going

S&P Rebounds Back Above 20-Day Moving Average After Closing Below It (Bloomberg News)

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Congress reacts to Sotomayor pick

Congress reacts to Sotomayor pick

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Inside Look - Overhauling Financial Regulation

Exclusive Interview with Harvard Law School Professor Hal Scott (Bloomberg News)

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The Currency Report - Australian Dollar

Aussie Triggers Race to Raise Forecasts (Bloomberg News)

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Inside Look - Obama to Nominate Sotomayor to High Court

Interview with Sen. Ted Kaufman of the Judiciary Committee (Bloomberg News)

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Mike Allen on Sotomayor pick

Mike Allen on Sotomayor

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Sotomayor on ruling without emotion- LSAC video

Sonia Sotomayor on ruling without emotion- LSAC Video

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Inside Look - Indy 500 Winner Helio Castroneves

Interview and discussion with Helio Castroneves an IndyCar Driver. He shares his feeling in winning the Indy 500 and his thoughts on the tax evasion case he faced. (Bloomberg News)

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In-Depth Look - Obama Nominates Sotomayor

Interview and discussion with Tom Goldstein of the Akin Gump Strauss Hauer & Feld. He gives his perspective on President Obama's move to nominate Sotomayor to the high court. (Bloomberg News)

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Prop. 8 Appeal Decision Day

The Calif. Supreme Court will decide whether Prop. 8 is legal or not, but it's likely to draw further legal opposition regardless of its stand, reports Hattie Kauffman.

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In-Depth Look - Bullish On Equities

Interview and discussion with Philip Orlando of the Federated Investors. He talks about the consumer confidence numbers. (Bloomberg News)

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Obama picks Sotomayor

Obama picks Sotomayor

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N. Korea Defies World Again

Ongoing nuclear tests by North Korea have been rejected by countries all over the globe. Harry Smith speaks to U.S. Ambassador to the U.N. Susan Rice about how the U.S. may respond.

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In-Depth Look - Consumer Confidence Jumps

Interview and discussion with Mark Vitner of the Wachovia. He shares his insights in the numbers in consumer confidence. (Bloomberg News)

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In-Depth Look - Wirtz Says Financials Are Driving The Market

Interview and discussion with Keith Wirtz of the Fifith Third Asset Management. He says financials are driving the markets. (Bloomberg News)

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Pundits React to Sotomayor pick

Pundits React to Sotomayor pick

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Morgan Stanley Upgrades Apple

Apple shares are higher in the early going. Morgan Stanley upgrades the stock base on its bullish outlook for Iphone sales. (Bloomberg News)

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Market Open 5.26

Suzanne O'Halloran of Bloomberg News is live in the New York Stock Exchange with the latest in the market. (Bloomberg News)

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What Is Comparative Effectiveness Research?

Ellen-Marie Whelan discusses why we need evidence-based health care, how it will improve health, and how we can promote it.

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Obama To Make Supreme Court Selection

President Obama picks 54-year old New York Federal Appeals Judge, Sonia Sotamayor to be the newest member of the nation's highest court. (Bloomberg News)

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In-Depth Look - Home Prices Drop In March

Interview and discussion with Celia Chen of the Moody's Economy.com. She talks about the housing market and the better expected drop in the S&P index. (Bloomberg News)

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U.N. Ambassador Rice on North Korea

U.N. Ambassador Rice on North Korea

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In-Depth Look - Capital Question

Interview and discussion with Thomas Brown of the Second Curve Capital. He shares his views on banks that over capitalized. (Bloomberg News)

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POLITICO Playback 5/26/09

POLITICO Playback 5/26/09

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In-Depth Look - GM Bankruptcy Deadline

Interview and discussion with Jon Sion a GM Bondholder. He talks about the company's offer for its Bondholders. (Bloomberg News)

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In-Depth Look - GM Awaits Bondholders Vote

Interview and discussion with Maryann Keller of the Maryann Keller & Associates. She talks about General Motors deadline to bankruptcy. (Bloomberg News)

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In-Depth Look - Making The Right Calls

Interview and discussion with Michael Aronstein of the Oscar Gruss & Son. He shares what he sees in today economy. (Bloomberg News)

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In-Depth Look - Currencies React To North Korea

Interview and discussion with David Woo of the Barclays Capital. He talks about how the currencies react to the North Korea's missile testing. (Bloomberg News)

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In-Depth Look - Treasury Outlook

Interview and discussion with Thomas Tucci of the RBC Capital Markets. He talks about the Korean missile testing and its effects in the economy's treasury. (Bloomberg News)

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Miler Upgrades Bank Of America

Paul Miller, one of the first analysts to sound the alarm over the capital levels is upgrading Bank of America. He says that the company balance sheet has improved. (Bloomberg News)

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Greenspan On Banks

Alan Greenspan makes headline when he said banks are still face a gaping hole. He told the banks may need as much as $600 billion more in capital to cover losses what will be coming down the pike. (Bloomberg News)

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Tension At Versace?

Last night tempers flares at the fashion house founded by Versace. (Bloomberg News)

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Weekend Box Office

Night at the Museum takes the top honors with an opening weekend of $70 million. Meanwhile "Terminator" comes second. (Bloomberg News)

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The Economy's "New Normal"

Economist says the new reality is going to look a lot different than the boom years. Expect a new national unemployment rate around 8% for the first time since 1983. (Bloomberg News)

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The Post-Lehman Recovery

Nine months since Lehman Brothers' collapse triggers a meltdown in the financial system. Stocks are taking the longest time to heal from the Lehman debacle. (Bloomberg News)

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Obama Goes To Vegas

President Obama heads to Las Vegas. He comes there for a fund-raiser for senate majority leader Harry Reid. (Bloomberg News)

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No Strong Rebound In The Housing Economy

Key housing economist say slump may hit bottom in June. (Bloomberg News)

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Asian Market Check

There is indeed a weakness today in the Asian market. It is cause by the North Korean missile testing. (Bloomberg News)

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GM Gets Concessions From CAW

General Motors bankruptcy deadline from the government is one week away. The Canadian Autoworkers Union ratified a cast saving measure. (Bloomberg News)

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Diggind Deeper Into Banks' Billions

JPMorgan, Wells Fargo, and Bank of America reports earnings, they are using an accounting rule that lets them use tens of billion dollars from bad loans. (Bloomberg News)

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SAS Hiring Not Firing

SAS the world's largest privately held software firm is hiring workers. (Bloomberg News)

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Microsoft Try Out Windows 7

Microsoft may spend $100 million advertising new search software 'Bing'. (Bloomberg News)

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Chinese Firm To Take Stake In Cavs

The Cavaliers allows an investment group from China to have stakes in the Cavaliers. (Bloomberg News)

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Nuggets Beats Lakers, Ties The Series

Nuggets and Lakers are now tied 2 games each. Game 5 is in Los Angeles tomorrow. (Bloomberg News)

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Bloomberg Energy Forum

Although it controls 60% of the oil reserves, the Middle East has no reason to be complacent about energy. (Bloomberg News)

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Nano Buyers Go For Luxury

Tata has come up with the cheapest car called the Nano, without air-conditioning. (Bloomberg News)

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Porsche's Cash Crisis

The company could lose much of the $24 billion in profit that it has already reported from holding options in Volkswagen. (Bloomberg News)

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Bondholders Face Deadline For GM Offer

In the auto industry, one week and counting for General Motors to reorganize or declare bankruptcy. (Bloomberg News)

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Oil Traders Expect Prices To Fall

Oil was up 35% this year. Many trades are betting it is headed for falter. (Bloomberg News)

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OPEC To Keep Oil-Output Quotas Unchanged

Energy stocks are weaker. Oil is hovering around $60 a barrel ahead of this week's OPEC meeting. (Bloomberg News)

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European Market Check

It is a down day for the European markets so far. Oil stocks and miners are the main dragger. (Bloomberg News)

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Dollar Gains After S.Korean Test

Ellen Braitman of Bloomberg News talks about the Dollar gains after Korean missiles tests. (Bloomberg News)

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North Korea Fires More Missiles; Asian Currencies Fall

There are reports that North Korea tests two more missiles today. Those test are impacting in the currency market. (Bloomberg News)

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Obama picks Sotomayor for high court

(NECN: Washington) - President Barack Obama has tapped New York jurist Sonia Sotomayor to succeed Justice David Souter on the Supreme Court. If nominated, 54-year-old Sotomayor would be the nation's first Hispanic justice. Sotomayor g...

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N.y./region- Times Square's Pedestrian Makeover

The city of New York halted vehicle traffic on Broadway from 42nd Street to 47th in Times Square to create a pedestrian plaza free of cars. Three blocks in Herald Square were also affected.

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American soldiers return home

Almost 3000 soldiers from the New Jersey national guard are returning home from Iraq over the next two weeks. Long awaited reunions took place in mid-May at the airport as the first of the returning soldiers came back to their loved ones.

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America’s iconic car companies hit rough times

As America’s iconic car companies hit rough times, the often family-owned car dealerships are taking a hit. Many, like the Dodge dealership in Germantown, Maryland, have been given 30 days notice before Chrysler will terminate their franchise.

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EU elections, Italian style

Italy's EU race has been made racier by Prime Minister Silvio Berlusconi's latest antics, considered by some to have placed aesthetics over politics. He has been accused by both his estranged wife and the speaker of parliament -- a member of his own party -- of fronting a string of attractive young women with little political experience, including a former Miss Italy contestant, as candidates for his centre-right party.

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French president opens military base in Middle East

French president Nicolas Sarkozy formally opened a French military base in the United Arab Emirates, its first in the oil-rich Gulf, as Paris seeks to land lucrative military contracts and strengthen its foothold in the region.

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Phnom Penh development condemns scavengers to scrap-heap

The many children who live and work in Phnom Penh's Stung Meanchey rubbish dump earn about ten dollars a month but their precarious existence is threatened by redevelopment plans.

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French mime artist Marceau auction

Drawings, books, costumes and even the iconic hat -- more than 900 items belonging to the world-famous mime artist, Marcel Marceau, are up for grabs in an auction in Paris on Tuesday. Proceeds from the sale will go towards paying off debt Marceau accumulated before his death in 2007.

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Helping Haiti's neediest

Decades of poverty, environmental degradation, violence, instability and dictatorship have left Haiti one of the poorest nations in the world. But one man, Brother Francklin, has been fighting for over 30 years to give some hope to the island’s poorest.

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China voices opposition to N Korea's tests

China, North Korea's closest and most powerful ally, has voiced resolute opposition to the secretive regime's nuclear test in a rare instance of open criticism between the two communist neighbours. On Tuesday, following Pyongyang's firing of a series of short-range missiles, Beijing urged a return to nuclear talks.

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Crime writer shows Poland's dark side

He's Poland's Raymond Chandler -- the author of a series of best-selling crime novels starring a hardboiled alcoholic and insomniac detective. Marek Krajewski's six-volume series brings the streets of pre-World War II Wroclaw to life.

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