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Thursday, June 18, 2009

Recession Empties U.S. Schools

Due to the ongoing financial slump, many families have been forced to move and relocate. Ben Tracy reports that many school districts have witnessed a mass exodus of students -- and tax revenue.

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Protests Continue In Tehran

Supporters of presidential candidate Mir Hossein Mousavi continue to contend that the recent election was fraudulent. Elizabeth Palmer reports.

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The Man Behind Iran's Protests

The opposition candidate who stands at the center of the political protests in Iran, Mir Hossein Mousavi remains a mystery for many in the West. Mark Phillips reports on this controversial figure.

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Inside Hemingway's Havana Home

Seventy years since noted American author Ernest Hemingway first moved to Cuba, his home there is now in the process of restoration. Kelly Cobiella reports from Havana.

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Iphone 3G s On Sale

Blackberry outsells all other smartphones in the U.S. (Asia Confidential)

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U.S. Financial Overhaul

Geithner testifies before congress on Obama's regulatory overhaul. (Asia Confidential)

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Asian Stocks Advance

Analysis and discussion with LIM Advisors Director Peter Churchouse. He talks about global recession and Asian Stock Market. (Asia Confidential)

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N. Korea Tensions Escalate

U.S. military officials remain on guard as North Korea launches its first naval vessel since the recent implementation of U.N. Security Council weapons sanctions. David Martin reports.

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Lawmakers Grill Geithner

U.S Treasury Secretary Geithner defense Barack Obama on its proposal to give the federal power to monitor major financial institution. (The Bloomberg Edge)

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Passengers Unaware Of Death

Passengers on Continental Airlines Flight 61 say they were unaware their pilot had passed away mid-flight until they landed.

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JP Morgan's Advice To Investors

Strategist talks about the global economic recovery. (The Bloomberg Edge)

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Consistency Of Fundamental Status

Sterling immerses the Yen is less more ideal on cross currency candidate. (The Bloomberg Edge)

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Euro Vs Dollar Will Increase Risk On Aversion

Euro may fall on libor speculation due to failure to breach $1.40. (The Bloomberg Edge)

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Asian Stocks Drop On Global Market

Analysis and discussion with Chua Soon Hock of Asia Genesis Asset Management. He talks about the decline on Asian Stocks. (The Bloomberg Edge)

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Pilot Dies During Flight

During a flight from Brussels to Newark, New Jersey, passengers on board Continental Airlines Flight 61 remained unaware that their pilot had died. Priya David reports.

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Australian Resources Stocks

Australian Stock Market has an uptake after the four days of losses. (The Trade)

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'Swine' Bankers Shun Aircraft Financing

Struggles to pay a $36 billion on four jets ordered years ago or face penalties for cancellation. (The Trade)

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Inside Look On Global Economic Recovery

Interview and discussion with Patricia Lui Of Bloomberg News. She talks about the critical economic recovery. (The Trade)

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Economic Outlook On Trade Market

Analysis and discussion with Mari Pangestu of Indonesian Trade Minister. She tackles about the current growth rate of Indonesian Market. (The Trade)

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Japanese Consumer Electronics

Largest memory chip makers ask the government for loan of $414 million today. (The Trade)

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Notebook- Canadian Geese

Maggie Rodriguez speaks about a debate concerning Canadian Geese and the dangers they cause should they collide with airplanes. Operation Goose Be Gone involves reducing the population of the geese.

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Special Report - Luxury Lagging

Luxury Leaders Meet in Monte Carlo (Asia Morning Call)

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Emergency Landing After Pilot Dies

A Continental Airlines flight from Brussels made an emergency landing at Newark Liberty Intl. Airport after the plane's captain died in mid-flight. Priya David has the latest.

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Inside Look - New Carbon Counter in Manhattan

Investing in Climate Change - Analysis and Discussion with Kevin Parker of Deutsche Bank (Taking Stock)

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Spotlight - Repsol

Repsol Expands into North America - Exclusive Interview with Benjamin Palomo, Executive Director of LNG (Taking Stock)

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Energy Outlook - Oil Consumption Grows in Second Half

How High is Oil Headed? - Analysis and Discussion with Lawrence Eagles of JP Morgan Chase & Co. (Bloomberg News)

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Preview - New iPhone

Analysis and Discussion with Ashok Kumar of Collins Stewart (Bloomberg News)

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More Perspective - Treating the Ailing Healthcare System

Interview with Former Medicare & Medicaid Services Administrator Mark McClellan (Bloomberg News)

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In-Depth Look - Political Power of Twitter

Tech-Savvy Protestors in Tehran Grab Spotlight (Bloomberg News)

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Market Close 6.18

Stocks Snap Three Day Losing Streak - S&P and Dow Each Rise Less Than 1%; Nasdaq Remains Virtually Flat; Healthcare, Utilities, and Financials Best Performers of the Day, While Info Tech and Consumer Discretionary are Worst Performers (Bloomberg News)

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In-Depth Look - Options Trading

Barclays Makes Bearish Call on Railroads, Recommends Bearish Options on Union Pacific and Norfolk Southern; Berkshire Hathaway Options Begin Trading on CBOE (Bloomberg News)

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General Electric Shares Lower on Regulation Concerns

Concerns Grow Over GE's Capital Unit; Goldman Sachs Defends Company, Saying That Regulation is Uncertain and There's No Long-Term Peril; According to GE CEO Jeffrey Immelt, Capital Markets Have Healed (Bloomberg News)

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Survey Says - Signs of Strain in Commercial Real Estate

Commercial Real Estate Concerns - Interview with Susan Smith of PricewaterhouseCoopers (Bloomberg News)

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Fixed Income Outlook- $3.25 Trillion of New Debt May Be Sold

Avoiding Treasuries - Analysis and Discussion with Loomis Sayles Vice Chairman Dan Fuss (Bloomberg News)

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ET Profiles Maggie Rodriguez

The Early Show anchor Maggie Rodriguez was profiled on "Entertainment Tonight." Here is a quick peek of her arrival at the studio.

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Shriner Clown Gets A New Smile

The daughter of a clown-faced Shriner nominates her good-hearted dad for a makeover and the results are no laughing matter. Harry Smith and stylists unveil their latest "Man-Up!"

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AutoZone Buying Back Shares

AutoZone Authorizes Added Stock Buyback of $500 Million (Bloomberg News)

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Michelle Pfeiffer's Return

Actress Michelle Pfeiffer portrays an early 20th century "call girl" in "Cheri," a film adaptation of a Collette novel. She spoke to Harry Smith about the film.

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Sector to Watch - Steelmakers

Four Firms in Two Days Say "Buy Steel" - Citigroup, Goldman Sachs, JPMorgan, and KeyBanc All Bullish on Steel Due to New Orders, Price Increases, Restarted Mills, and Rehired Workers; Analysts Say Steel Fundamentals Turning (Bloomberg News)

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Inside Look - The Healthcare Plan

Live! From Capitol Hill: Interview with Sen. Charles Grassley (R) of Iowa (Bloomberg News)

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Lauren Conrad, Novelist

Reality show star Lauren Conrad spoke with Maggie Rodriguez about her new book, "L.A. Candy," and the state of reality TV today.

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Update - Geithner Testimony Postponed

Treasury Secretary Timothy Geithner Expected to Testify to House Financial Services Committee This Afternoon, Meeting Postponed Until Later Date (Bloomberg News)

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Iran Lashes Out At U.S.

The deepening crisis in Iran has the government lashing out at the U.S. As Bill Plante reports, Iran blames America for interfering with its presidential election.

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Pragmatism Trumps Gay Rights

President Obama is taking heat from the LGBT community after steps that indicate he will keep them waiting to fulfill campaign promises, reports Thalia Assuras.

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Inside Look - Dismantling the Office of Thrift Supervision

Interview with OTS Acting Director John Bowman (Bloomberg News)

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Today in Washington - Healthcare Overhaul

New Healthcare Bill Faces Challenges (Bloomberg News)

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Prince Harry Takes Flight

Prince Harry is Britain's third in line, but he will follow older brother William in helicopter training, reports Mark Phillips.

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Who Should Have A Will?

Financial Analyst Ray Martin spoke with Harry Smith about why certain groups should have a last will and testament done early.

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Hi-Tech Cheating

A new reports shows that more than half of all students have gone hi-tech when it comes to cheating. Kelly Wallace reports.

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Continental Misplaces Kids

Two minors in one week were flown to the wrong destination on Continental Airlines, reports Priya David. She told Maggie Rodriguez that airlines misrouted 50 children last year alone.

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Women's Heart Health

Dr. Jennifer Ashton spoke with Maggie Rodriguez about three medical tests all women should know about.

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1955 Missing Boy Found?

The FBI is investigating claims that a Mich. man and a toddler that disappeared in the 1950s are the same person. Terrell Brown reports.

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Neb. Twister Caught On Tape

Spring weather was wet and wild across the country with tornadoes, hail and flooding damaging homes. Dave Price reports.

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Iranian Dissenter Vanishes

Iranians took to the streets to protest those killed during prior demonstrations. Richard Roth reports. The family of a missing government dissenter spoke on the crisis in Iran.

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Geithner Speaks on Regulatory Reform

Live! From Capitol Hill - Treasury Secretary Timothy Geithner Makes Opening Statements to Senate Banking Committee [FULL CLIP - 10:12] (Bloomberg News)

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Market Open 6.18

Cris Valerio is live in the New York Stock Exchange with the latest in the market were stocks are set to kick off higher. (Bloomberg News)

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In-Depth Look - Regulating Risk

Interview and discussion with Mosche Orenbuch of the Credit Suisse Securities. He says challenges to financials are fairly 'broad based'. (Bloomberg News)

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The Equity Bulls Live To Fight Another Day

The S&P 500 provide a great degree of support for two hundred-day moving average. (Bloomberg News)

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In-Depth Look - Regulatory Overhaul

Interview and discussion with the former Assistant Treasury Secretary, David Nason. He gives his thoughts about the regulatory overhaul. (Bloomberg News)

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In-Depth Look - Financial Implications Of Health-Care Reform

Interview and discussion with Dr. Robert Glassman of the OrbiMed Advisors. He talks about the health-care reform President Obama is pushing. (Bloomberg News)

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In-Depth Look - Twitter Diplomacy

Interview and discussion with Steve Fredrick of the Grotech Ventures and Rich Jaroslovsky of Bloomberg News. They talks about the number three social networking group, Twitter and its earnings. (Bloomberg News)

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FedEx Now A "Buy" At Jesup & Lamont

FedEx's gloomy forecast is a signal to buy stocks, that is according from one analyst. (Bloomberg News)

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In-Depth Look - Continuing Government Support For Financials

Interview and discussion with the author of "House of Cards", William Cohan. He discusses the morphine drip and its implications. (Bloomberg News)

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Smucker Earnings

J.M. Smucker' earning beats expectations. (Bloomberg News)

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In-Depth Look - 109th US Open At Bethpage Black

Interview and discussion with the U.S.G.A Dir. of Licensing & U.S. Open Merchandising, Mary Lopuszynski. She talks about the 109th U.S. open. (Bloomberg News)

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In-Depth Look - Treasury Market Outlook

Interview and discussion with Dan Greenhaus of the Miller Tabak. He shares his thoughts in the direction of treasury markets. (Bloomberg News)

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Goodwin May Give Up Part Of Pension

Former C.E.O. of Royal Bank of Scotland is under fire for getting a pension worth more than a million dollars a year. (Bloomberg News)

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Jaffray Predicts 500,000 iPhone Sales This Weekend

Apple new iPhone comes out the market tomorrow. The firm predicts Apple will sell 5 million iPhone over all this quarter. (Bloomberg News)

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World Bank Boosts China Growth Forecast

World Bank raise its growth forecast for China to 7.2% for this year, up from 6.5% a two months ago. (Bloomberg News)

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Luxury Goods And The Economic Crisis

Monte Carlo is synonymous with glamour and big money. The chiefs from the luxury sector gather there this week. (Bloomberg News)

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Iran Near Breaking Point

In Iran, the opposition presidential candidate called for a huge protest march to press his case that the election was rigged. Elizabeth Palmer reports.

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Fake Treasury Bonds Seize

Two Japanese travelers were stopped while trying to cross a Italy into Switzerland. Authorities say they find treasury bonds with face value of $134 billion. Treasury bonds are issued electronically nowadays. (Bloomberg News)

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Berkshire Options

Berkshire Hathaway options begins trading on the Chicago board options exchange. (Bloomberg News)

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Sara Lee Looks For Acquisitions

Sara Lee Co. is ready to sink its teeth into an acquisition. Its C.E.O. says the company is ready ready to make a big purchase. (Bloomberg News)

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In-Depth Look - Growing Concern About Growing Deficit

Interview and discussion with Bloomberg Editor at Large, Tom Keene. He talks about the growing deficit in the economy. (Bloomberg News)

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Protest In Iran

The leading opposition figure is calling for another mass demonstration for those who died in the protest. (Bloomberg News)

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Banks Repay TARP Money

Treasury Department gets its money back. 10 banks sent checks to the U.S. government from the bailout as they received last year totaling 68 billion. (Bloomberg News)

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EU Summit Showdown

It is a showdown between U.K. and the rest of Europe. They need to decide how much power, they should give to the European authorities. (Bloomberg News)

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Sri Lanka's Economy Poise For Growth

H.S.B.C. predicts that Sri Lanka's economy is set for a big rebound and may become the Hong Kong of India. (Bloomberg News)

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North Korea Qualifies For World Cup

North Korea qualifies for the Soccer's World Cu first time in 44 years. (Bloomberg News)

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Sosa Faces Congressional Probe

Sammy Sosa can be in hot water with congress over illegal steroids. Congressional committee plans to investigate his testimony saying he never use drugs. (Bloomberg News)

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Chance Of Rain At US Open

The weather forecast calls for 60% chance of rain during the U.S. open Golf tournament. (Bloomberg News)

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Obama's Regulatory Overhaul

Lawmakers criticize Obama's plan to overhaul the financial regulation. The most controversial part of the plant is giving the Fed more power to oversee any firm that poses a systemic risk to the economy. (Bloomberg News)

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On The Agenda

Treasury Secretary Tim Geithner to testify before Senate on financial overhaul. (Bloomberg News)

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European Market Check

The markets has its longest set of declines in Europe since February. (Bloomberg News)

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Asian Market Check

Third down day for Asian stocks because on the U.S. recovery, which pull down the U.S. Dollar that drag on export profits. (Bloomberg News)

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Europe- Eastern Germany in Decline

Outside of some of Germany's big cities, in places like the former industrial mining town of Hoyerswerda, the story of decline and departure has changed little since the fall of the Berlin Wall in 1989.

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Middle East- Iranian Election Reactions

Michael Slackman, Cairo bureau chief of The New York Times, examines how the contested election in Iran is seen around the Middle East.

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Teenagers doing time

In the U.S., minors who get in trouble with the law often face a justice system that treats them like adults, and punnishes them with long sentences in tough prisons. After spending their teenage years behind bars, many have a hard time adjusting to life on the outside.

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EU to grant Ireland guarantees ahead of treaty vote

European Union leaders met Thursday in Brussels to grant Ireland guarantees on issues like abortion and military neutrality to ensure its voters will back a sweeping reform package that they earlier rejected.

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More protests for divided Iran

Defeated Iranian presidential candidate Mir Hossein Mousavi joined tens of thousands of his supporters on Thursday at a rally in Tehran to mourn the deaths of slain protesters. The country's biggest crisis since the 1979 revolution continues to divide the nation, with the opposition maintaining pressure on the Islamic regime over disputed election results.

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Reporters Without Borders calls for press freedom in Iran

The press watchdog Reporters Without Borders staged a protest outside the Iranian embassy in Paris on Thursday to demonstrate against the many media restrictions imposed by the Islamic republic.

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The Afro-beat shrine at the heart of Nigeria's music scene

The New Africa Shrine, a music venue owned and renovated by Femi Kuti, a son of the late Afro-beat legend Fela Kuti, has re-opened one week after the Nigerian authorities closed it down. It's a mecca for lovers of Afro-beat, the synthesis of jazz, fusion and native African rhythms, with Femi Kuti leading the star house band.

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American slaves' escape to freedom

Many Americans, including President Barack Obama, support the idea of establishing a national holiday on June 19th celebrating when the last slaves finally discovered they were free. Before that day, though, many reached freedom thanks to a secret network of people who help slaves escape, called the underground railroad.

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Rubbing down- Paris masseurs knead in open air

Street masseurs are populating weekend markets and popular spots in Paris' Latin quarter, kneading the tired shoulders of shoppers and party-goers for 10-minute massages. They receive tips in return. For many masseurs it's a way to make ends meet, for others even a way out of misery, or simply to interact with others. Stressed Parisians and foot-tired tourists queue up.

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French comic books show their importance with new museum

The art of the comic book is to be celebrated in France with the opening of a new museum dedicated just to them. In France, the "bande dessinée" is revered as the "ninth art" and has a long and distinguished history, which will now be on show thanks to a range of temporary and permanent exhibits of original strips and sketches going back to the 19th century. The museum opens on 20th June in Angoulême, the site of a major annual comics festival.

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