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Tuesday, June 9, 2009

New York City Dog Guide

In this video, we took our little buddy Molly (a chihuahua whom we borrowed for the day from Soho’s Animal Haven shelter) all around the city, checking out new dog products and services. The day started with a self-service bath at Unleashed Spa, followed by a pet portrait session with photographer Ixiana Hernandez and an action-packed doggie agility class. The good news: Molly's been adopted, but don't let that stop you from checking out other shelter pets!

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Tree Down On White House Lawn

A tree is down on the White House's North Lawn after strong winds passed through the area.

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The Return Of Hedge Funds

Analysis and discussion with Patrick Fauchier of Fauchier Partners Chairman and David Sun of Ernst & Young China Chairman. They talk about the effects of hedge funds in the market. (Asia Confidential)

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The Test Of Market Confidence

The Chinese government tries to stimulate the economy. As a long-term strategy, the Chinese also would like to develop the stock market both domestically as well in Hong Kong; the Chinese companies have been using Hong Kong as the platform to raise funds. (Asia Confidential)

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Bond Sales In Electronics

Sony raised $2.2 billion in its biggest bond sale ever as it braces for more losses. (The Bloomberg Edge)

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Texting While Driving

Chances are, with alert drivers, most accidents are preventable. However, only if the driver would pay attention, which is why 13 states have laws against texting and driving. Kelly Cobiella reports.

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Attacking Rising Health Costs

President Obama says attacking the root causes of skyrocketing health costs is a priority. However, Americans themselves may be driving up costs. Dr. John LaPook reports.

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Webcam Trail Mix- Remembering GM

CQ Politics blogger Craig Crawford laments the fall of GM wtih his matchbox cars.

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Unsustainable Spending In Markets

Analysis and discussion with John Jacquemin, Founder & President of Mooring Financial Corporation. He tackles about the repayment of TARP funds by banks and lastly about the U.S. economy and the way it spends. (The Bloomberg Edge)

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Strong Air France Evidence

Growing evidence indicates Air France 447 may have broken up in flight. The jet's tail fin is virtually intact, a sign that it may have been ripped off by strong aerodynamic forces. Bob Orr reports.

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A Look At Airline Safety

Transcripts reveal what Capt. Chesley Sullenberger said during the emergency landing in the Hudson River in January. Unfortunately not all pilots are as skilled. Nancy Cordes reports.

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Bank Repayments

The Treasury Department has approved 10 of the nation's largest banks to repay $68 billion in government bailout money. The government says the emergency repair job is working. Anthony Mason reports.

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TARP Repayments

Ten banks have been given the green light to return their TARP funds and most have indicated they will take advantage of the opportunity. (The Bloomberg Edge)

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Chrysler's Dead End

The ride is over for 789 Chrysler dealers being cut off by the company. Which means no more Chrysler rebates and new cars must be sold as used. Ben Tracy reports.

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Chinese Airlines Merging

To avoid bankruptcy of major air carrier in China, the government merges two companies, with combined market share it will increase to 50%. (The Trade)

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Japan Stocks

Japan machinery orders slide as companies cut costs amid slump. (The Trade)

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World Commodity Currencies

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

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Philippines Export Numbers

The Philippine government officials indicated that they would narrow the full-year GDP growth forecasts from a range of 3.1% to 4.1% to lower end of range. (The Trade)

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Thai Premier On Economy

Thai government unveiled U.S. $41 billion investment plan intended to be implemented by 2012. (The Trade)

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Buffet Big On Muni-Bond

A few years ago, it would have seemed unthinkable that yields like today could have been obtained on munis or corporate bonds, Warren Buffett says. (The Trade)

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Risk Of Deflation In Economy

Traders are not so much focus on inflation rather deflation scene. They want to see if there is further deterioration in price contraction. (The Trade)

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Fast Draw- Human Power

There are devices that can turn energy created by humans into electricity. Fast Draw's Mitch Butler and Josh Landis talk about how it works and how it can be harnessed to power the future.

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Notebook- Teen Bedtimes

Katie Couric speaks about the importance of teen getting enough sleep. A study shows that kids who get more sleep are less prone to depression.

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Slim Jim Plant Collapses

Slim Jim Plant Collapses The roof of a food processing plant which produces Slim Jim snacks has collapsed in a N.C. suburb. 20 workers were injured and 3 were missing. Manuel Gallegus reports

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Special Report - Holden's Uncertain Future

GM Bankruptcy Raises Questions About Australian Unit Holden (Asia Morning Call)

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In-Depth Look - Another Ponzi Scheme

SEC Alleges Ponzi Scheme Run by Peter Son and Jin Chung of California - Had 500 Investors in the U.S., South Korea, and Taiwan, and Funds Were Used to Pay Mortgages; Fund Promised 36% Returns, Now SEC Seeks to Freeze Assets in Order for Son and Chung to Repay Investors (Asia Morning Call)

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Obama's Travels

As you've heard, President Obama has spent some time on the job traveling around the world. But it's a different sort of business travel that's on Ben Stein's mind.

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Emerging Markets to Watch - Iran, China

Analysis and Discussion with Fred Nazem (Bloomberg News)

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Inside Look - The Municipal Bond Market

Analysis and Discussion with Richard Ciccarone of McDonnell Investment Management (Bloomberg News)

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Gibbs and Takes 0609

Gibbs and Takes 0609

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Loaded- And the Webby goes to...

Loaded hits the red carpet at the Webby Awards, we have a rundown of Apple news, and there's a BMW that could save your life.

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Hopes To Lessen National Debt

CBS News RAW: President Obama commented briefly on an announcement by the Treasury Dept. regarding the Financial Stability Plan and noted that several financial institutions are set to pay back $68 billion to taxpayers in bailout funds.

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Restoring Fiscal Responsibility

CBS News RAW: President Obama outlined his hopes to restore the "pay as you go" rule in an effort to restore fiscal balance and curb reckless policies of the past.

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In-Depth Look - Apple's Ripple Effect

Analysis and Discussion with Srini Paijuri of Calyon Securities (Bloomberg News)

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Orszag on PAYGO

Orszag on PAYGO

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Spotlight - International Paper

Interview with CEO John Faraci (Bloomberg News)

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Palin calls Letterman "pathetic"

Palin calls Letterman "pathetic"

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Welcome to the New NRSC.org

Senator John Cornyn welcomes you to the new NRSC.org

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Market Close 6.9

S&P Rises Less Than 1%; Dow Remains Virtually Flat; Nasdaq Rises About 1%; Materials and Info Tech Best Performers of the Day, Consumer Staples and Utilities Worst Performers (Bloomberg News)

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Food Network's Ted Allen

Food Network's Ted Allen

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In-Depth Look - Buy July Options on U.S. Banks

According to Jefferies, Earnings Will Drive Up Volatility of Bank Stocks, Making July Options More Valuable (Bloomberg News)

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College Republicans Speak Out

CBS News went to the College Republicans National Convention in Washington and asked students their opinion on the future of the Republican party and how the GOP can get back into the White House in 2012.

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Dog Questions Answered

Veterinarian Dr. Debbye Turner Bell answers viewer questions about dog barking, leash training, chewing habits and other tips for dog care.

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Obama reintroduces PAYGO

Obama reintroduces PAYGO

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Sotomayor Has Your Back

CBS News RAW: Vice President Joe Biden joined supporters of Supreme Court nominee Sonia Sotomayor in Washington noting to law enforcement officials that "she gets what it takes to keep our communities safe and our streets clean."

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More Perspective - TARP No Longer Protects Taxpayers

Interview with Rep. Jeb Hensarling (R) of Texas (Bloomberg News)

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M&A Update - BlackRock-Barclays Deal

BlackRock Said to Offer Cash and Stock for Barclays Unit (Bloomberg News)

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Inside Look - United Nations Combating Climate Change

Exclusive Interview with UN Secretary General Ban Ki-Moon (Bloomberg News)

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Inside Look - Obama's Pay-As-You-Go Plan

Executive Pay Crackdown - Interview with Rep. Claire McCaskill (D) of Missouri (Bloomberg News)

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In-Depth Look - Auto Parts Suppliers to Ask for More Cash

Seven Auto Parts Suppliers Have Already Liquidated, Suppliers Have Already Received $5 Billion in Federal Aid (Bloomberg News)

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Treasuries Advance as Yields Near 7-Month High Spur Demand

Fixed Income Outlook - Analysis and Discussion with Ajay Rajadhyashaka of Barclays Capital (Bloomberg News)

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Obama Comments on Tax & Entitlement Policies

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

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Biden on Sotomayor- "She gets it"

Biden and Law Enforcement support Sotomayor for SCOTUS

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Inside Look - Chrysler Deal in Doubt?

Justice Ginsberg Delays Deal, But Unclear for How Long - Interview with Rep. Gary Peters (D) of Michigan (Bloomberg News)

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Bradley Cooper's Rising Star

Maggie Rodriguez spoke with rising star Bradley Cooper about his hit new comedy, "Hangover."

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Diabetic-Friendly Dinnner

Author and Chef Tom Valenti showed Harry Smith how to cook dinner that is low in fat and sugars.

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Caterpillar Dividend May Be Cut This Week

If Caterpillar Doesn't Cut Dividend, It Will Have to Tap Cash Hoard to Pay It (Bloomberg News)

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Sector to Watch - Semiconductors

Chip Stocks Rise on Texas Instruments Forecast (Bloomberg News)

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New Laser Skin Treatment

Can an at-home anti-wrinkle laser device effectively create youthful results? Dr. Jennifer Ashton compares a variety of skin treatments.

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Third Quarter Hiring Plans

According to Manpower Survey, 2Q and 3Q Numbers at Record Low; 67% of Employers Surveyed Said They Anticipate No Change in Hiring Next Quarter (Bloomberg News)

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Voight- Obama "false prophet"

Voight: Obama "false prophet"

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Cantor- Stimulus 'not a success story'

Cantor: Stimulus 'not a success story'

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Fetus Stolen, Mom Murdered

An alleged killer in Oregon used Craigslist to lure a pregnant victim and may be charged with the death of the fetus, reports Hattie Kauffman. Legal Analyst Lisa Bloom explains more to Harry Smith.

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Housewife Hunts For A Killer

A Ky. housewife partnered with a news reporter to investigate the murder of an 18-year-old woman. Mark Strassman reports.

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Standing Tall

Author Arianne Cohen spoke with Maggie Rodriguez about her new publication, "The Tall Book."

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Morning Show Roundup- 6/9/09

Morning Show Roundup: 6/9/09

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The Currency Report - U.S. Dollar

According to Goldman Sachs, Go Long Euro vs. Dollar to Take Advantage of Dollar Weakness (Bloomberg News)

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Obama invokes Jesus more than Bush

Obama invokes Jesus more than Bush

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Geithner Testifies on Treasury Budget

Live! From Capitol Hill: Treasury Secretary Timothy Geithner Addresses Question from Sen. Susan Collins (R) of Maine (Bloomberg News)

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North Korea Stand-Off

Families of the two imprisoned American Journalists in North Korea continue to plead for their release. Barry Peterson reports. Vice magazine's Shane Smith shared his experience in North Korea.

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Guantanamo Detainee Stateside

In an effort to close the Guantanamo Bay, Cuba terrorist prison, a detainee was brought to New York City to face charges. Bob Orr reports.

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Midwest Tornadoes Strike Hard

Thousands are without power in the Midwest after tornadoes strike and severe weather continues to pound the heartland, reports Dave Price.

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Safety Reality Of Flying

Debris from the Air France crash site offers clues, reports Nancy Cordes. Capt. "Sully" Sullenberger's co-pilot, Jeff Skiles, speaks to Maggie Rodriguez on the safety of planes and pilots.

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Newt at GOP Senate-House Dinner

Newt at GOP Senate-House Dinner

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In-Depth Look - The Bankruptcy Question

Interview and discussion with Harvey Miller of the Weil, Global & Manges. He talks about the Chrysler bankruptcy. (Bloomberg News)

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In-Depth Look - The Cost Of Climate Change Legislation

Interview and discussion with David Sokol, Chairman of the MidAmerican Energy. He talks about the climate change legislation and the 10 banks that receive approval to get T.A.R.P paybacks. (Bloomberg News)

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In-Depth Look - TARP Repayment Effects

Interview and discussion with Moshe Ohrenbuch of the Credit Suisse. He talks about the health of the banking industry and their strategies to pay their T.A.R.P. funds. (Bloomberg News)

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POLITICO Playback- 6/9/09

POLITICO Playback: 6/9/09

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Market Open 6.09

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

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Social Security Can Ensure Paid Family and Medical Leave

Heather Boushey explains why we need paid family and medical leave, what such a program would look like, and how we could pay for it.

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Howard on playing for the Obamas

Howard on playing for the Obamas

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Howard, Simmons on Obama Date Night

Howard, Simmons on Obama Date Night

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Simmons on Obama's Burger Fixes

Simmons on Obama's Burger Fixes

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In-Depth Look - Chrysler Files Bankruptcy

Interview and discussion with Rebecca Lindland of the IHS Global Insight. She shares his perspective regarding the Fiat and Chrysler's liquidations. (Bloomberg News)

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In-Depth Look - When Can Banks Repay TARP?

Interview and discussion with Elizabeth Warren of the Congressional Oversight Panel on T.A.R.P. He gives his thoughts regarding about the banks paying their T.A.R.P. funds. (Bloomberg News)

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In-Depth Look - TARP Repaymeny

Interview and discussion with Whitney Tilsonm of the TZ Partners LLC. He talks about the TARP repayment plans of the banks and the housing market. (Bloomberg News)

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Obama on Colbert Report

Obama on Colbert Report

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In-Depth Look - Record Contract Expects For MLB No.1 Pick

Interview and discussion with Vince Gennaro of the Major League Baseball Consultant. He talks about the said record contract and how their agents come up with a number like that. (Bloomberg News)

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Palin talks Socialism

Palin talks Socialism

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In-Depth look - Home Prices To Continue Decline

Interview and discussion with Robert Shiller of the Yale University. He gives his thoughts on the housing market that shows weakness. (Bloomberg News)

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Inside Look - Cohen And Lewis Op-Ed

Interview and discussion with William Cohan, author of the "House of Cards". He talks about the critique that appears in "The New York Times" pertaining to the banking community. (Bloomberg News)

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Fed Backs Off From Selling Debt

The Fed backs off from a plan to sell its own debt. The Central Bank has not asked congress for authority to issue short-term debt instruments. (Bloomberg News)

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Zoellick Says China May Diversify

World Bank President Robert Zoellick says China may seek to diversify its foreign currency holdings. (Bloomberg News)

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Chinese Buys 829,000 Cars, SUVs In May

Car sales surge 47% in China last month. Chinese drivers buys 829,000 cars and other passenger vehicles. (Bloomberg News)

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Porsche In Exclusive Talks With Qatar

Porsche is in negotiations with Qatar about a potential investment in the German sports car maker. (Bloomberg News)

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Kaka Sells For $94 Million

The man considers by many to be the best soccer player in the world is changing teams. (Bloomberg News)

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Commercial Real-Estate Gloom Ahead

Analysts are warning of more gloom ahead for the commercial real estate market. (Bloomberg News)

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Boston Globe Union Rejects Contract

The owner of the Boston Globe, the "New York Times" company, says it will impose a 23% salary cut after the Union rejects a final contract offer. (Bloomberg News)

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Russia's Richest Man Speaks Exclusively To Bloomberg

Russia's richest man is talking about metals. He has an estimated net worth of $9.5 billion according to "Forbes". (Bloomberg News)

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Jobs Order To Court Over Mansion

Steve Bobs has been ordered back to court and it has nothing to do with iPhones or Macs but about real estate. (Bloomberg News)

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Apple Adds Faster, Cheaper iPhones

AT&T gains market share for having exclusive right to the iPhone for five years. That won't change with the new iPhone but Palm's new Pre could be a new challenger. (Bloomberg News)

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Trades Storing Oil Off UK Coast

Traders are storing crude oil on seven super tankers off the coast of the U.K. there is speculation that traders who are storing crude at sea will start selling it for a profit. (Bloomberg News)

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Dollar Effect On Blue Chips

The gains we are seeing this month are being monitored by Blue Chips. (Bloomberg News)

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Buffett Doubles Muni-Bond Stake

Buffett Doubles muni-bond stake on "unthinkable" yields. (Bloomberg News)

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US 3Q Hiring Plans At Record Low

Manpower say U.S. employers hiring plans for the third quarter remains at a record low. (Bloomberg news)

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May Hedge Fund Rebound - NYT

May is a pretty good month for hedge funds as they bounce back from huge losses. (Bloomberg News)

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Mozilo Sues For Insider Trading By SEC

Bank of America has another bill to worry about, paying legal fees. (Bloomberg News)

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EU Finance Ministers Meet In Luxembourg

European Union finance ministers meet in Luxembourg this morning to try to hammer out a financial oversight that would affect the entire E.U. (Bloomberg News)

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Shining Light On Dark Pools

One Wall Street executive is trying to shine lite on so-called dark pools. Thomas Callahan calls for more oversight of Dark Pools today. (Bloomberg News)

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Obama Administration Backs Away Form Regulatory Revamp

The White House is backing away from its plan to cut the number of financial regulatory agencies and may instead leave most of them in tact. (Bloomberg News)

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A Look At Apple Without Jobs

Apple C.E.O. Steve Bobs is absent at the kickoff of the development conference on San Francisco. (Bloomberg News)

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BlackRock Says To Offer Cash, Stock For Barclays Unit

BlackRock sets to clinch a deal in the largest acquisition ever for the company. (Bloomberg News)

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European Market Check

European stocks are in gain. Green shoots effect are being seen here. (Bloomberg News)

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Rate Hikes Won't Come Soon

According to Pimco, rate hikes will be sometime in coming. They say the economic outlook looks bad for most of the world. (Bloomberg News)

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Stress Test Should Continue - Panel

The Congressional Oversight Panel says the banks' stress tests must continue and more information about them must be release. (Bloomberg News)

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10 Banks To Get Approvals For TARP Paybacks

10 banks may get permission today to pay back TARP money. (Bloomberg News)

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Outlook For Chrysler Creditors

Chrysler economy is like a "curve ball". Whether or not this is a logistical issue or more time is in need or if there fundamental view that secured lenders need better treatment. (Bloomberg News)

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Creditors' Win May Be Fleeting

Chrysler wins a small battle in the Supreme Court delaying the sell of its assets to Fiat. (Bloomberg News)

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Recession May End This Year - Krugman

Stocks bounce back. Paul Krugman speaks at the London School of Economics he says there are signs the economy is stabilizing. (Bloomberg News)

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Recession May End This Year - Krugman

Stocks bounce back, Paul Krugman speaks at the London School of Economics he says there are signs the economy is stabilizing. (Bloomberg News)

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Cold start to British summer

The latest indoor ski slope to open in Britain is perhaps the most unusual. It’s built on the side of a real hill, has real grass on its roof and boasts 100 percent chemical-free snow on its 160 metre-long piste.

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Paris Hilton- Beyond The Tabloids

The heiress discusses the evolution of her brand and the "real" Paris.

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Eleven dead as suicide bomb rips through Pakistan luxury hotel

A massive truck bomb ripped through a luxury hotel Tuesday killing eleven people and wounding 52 in Pakistan's Peshawar city, capital of a northwest province plagued by Taliban violence. The bomb was hidden in a delivery truck, police and officials said, and was driven up to the five-star Pearl Continental hotel in the high-security Khyber Road area of Peshawar and detonated outside, causing massive devastation. It is the seventh deadly bombing to hit the troubled city in a month, as fears grow that Taliban militants are exacting revenge for a punishing six-week military offensive against them in three northwest districts.

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A Chinatown grows in Buenos Aires

A decorative Chinese arch that appeared one morning on a street in Argentina's capital makes it official: Chinatown has come to Buenos Aires. Protests from residents against the symbol won't change the growing influence of China and Chinese immigrants on the economy of this South American nation.

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Young voters hold sway in Iranian presidential election

Iran expects a record number of voters to cast their ballots in this week's presidential election, and huge numbers of youth are rallying to the side of both President Mahmoud Ahmadinejad and his main challenger, moderate Mir Hossein Mousavi. Their voices could prove a critical factor in Friday's election.

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First bodies from AF447 crash arrive in Brazil

The first 16 bodies recovered from an Air France jet crash in the Atlantic arrived at the remote Brazilian island of Fernando de Noronha on Tuesday ahead of identification. The remains were recovered on the weekend from the spot the Airbus A330 came down as it was flying from Rio de Janeiro to Paris on June 1. All 228 people on board were killed.

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Frenchwoman breaks down at 'frozen baby' murder trial

A Frenchwoman faces life in prison after confessing to killing three of her newborn babies, hiding two corpses in the freezer of home in South Korea. She went on trial for murder on Tuesday in a case that has horrified France.

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Journalists' jailing a bad bet for NKorea- China expert

International relations expert Shi Yinhong of Renmin University in Beijing sees the sentencing of two US journalists in North Korea as a poorly calculated tactic by the reclusive state to pile pressure on Washington. He also says North Korea has now gone too far with its nuclear testing for its closest ally, China.

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EU commission chief to stand for new term

European Commission President Jose Manuel Barroso said on Tuesday he would stand for a second five-year term, hot on the heels of victory by the conservatives in last week's EU elections. Barroso is a former Portuguese prime minister and a member of the centre-right European People's Party (EPP) grouping, the biggest bloc in the European Parliament.

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Weekly Economic Insights- Indicators Fairly Stable

Gallup Poll Editor in Chief Frank Newport talks in depth about this week's data from Gallups core economic indicators, including job loss and job creation, spending, and consumer mood.

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Brazilian navy recovers tail fin from Air France crash

Brazil has recovered the tail fin belonging to the Air France jet that plunged into the Atlantic a week ago killing 228 people, as well as more human remains from the doomed flight.

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