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Monday, June 29, 2009

TV's Willy Mays, 1958-2009

Katie Couric reports on the life and death of TV salesperon Willy Mays, who died in his home at age 50. Mays captivated audiences with his unique selling style.

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Heart Attacks And Stem Cells

Only On The Web: An interview with the doctor and patient who are involved in a new procedure involving stem cells and the heart.

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Hong Kong Handover Ceremony

Hong Kong named the world's freest economy for the 13th year by the Heritage Foundation. (Asia Confidential)

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Reverse Discrimination Ruling

In a five-to-four decision, the justices said white firefighters in Connecticut were denied promotions because of their race, violation of their constitutional rights. Wyatt Andrews reports.

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Japan Economy And Stimulus Measures

Japan gives $125 handouts to residents to stimulate spending. (Asia Confidential)

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Ruth Madoff Breaks Silence

Madoff admitted he never invested the money entrusted to him by investors, many of which lost billions. As for Madoff's wife, she was forced to give up her share of wealth. Jeff Glor reports.

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Madoff's Maximum Sentence

For all the years Bernard Madoff invested in his giant Ponzi scheme, he's drawn the maximum sentence. A federal judge ordered Madoff to prison for 150 years with no parole. Armen Keteyian reports.

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U.S. Forces Leave Iraq Cities

As part of an agreement with the Iraqi government, American military forces have withdrawn from most major cities in the region. CBS News' Lara Logan reports from Mosul.

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Stem Cells And Weakened Hearts

Over a million Americans suffer heart attacks every year and, as Bill Whitaker reports, a new procedure involving stem cells may potentially hold the key to rebuilding damaged hearts.

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361 Degrees Gain In Hong Kong

361 Degrees international gains 40 times oversubscribe by retail investors and raise a quarter billion dollars in Hong Kong. (The Bloomberg Edge)

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Vietnam Asia's Best Performer

Vietnam's home to Asia's best performing market in second quarter. (The Bloomberg Edge)

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Thaksin Supporters Stage Largest Rally Since April

10,000 people showed up to protest the constitution and the government imposed a state of emergency for almost two weeks. (The Bloomberg Edge)

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U.S Treasuries Set For Biggest Half Year Loss

Gains in corporate bonds and a global stocks rally cut demand for treasuries. (The Bloomberg Edge)

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Bernie Madoff Sentenced To 150 Years Behind Bars

The sentence is six times more than the penalties imposed on the Chief Executives of Enron and WorldCom. (The Trade)

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Emerging Markets Best Performers

The emerging markets index is up about 35% this quarter and most of these gains come from the return of risk appetites with most of the investors. (The Trade)

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Indonesian Stocks Gain Three Times Higher

Indonesian stock market considers as its best quarter since 1999 and has recovered from its loss last year. (The Trade)

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Inside Look On Japanese Stocks

Auto makers gain 2.5%, retail stocks also raise and household spending up into 0.3% for the first time in 15 months higher than a year earlier. (The Trade)

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Risk On Asian Currency

The risk appetite remains very strong into the second half of the year as the Asian currencies and high yielder continues to rally especially on commodity currencies. (The Trade)

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Notebook- Madoff

Orchestrating one of the largest financial schemes in history, Bernard Madoff was sentenced to 150 years in prison. Victims said they too face a sentence as they try to regain their life's savings.

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Cohen- Madoff Judge Overboard

CBS News legal analyst Andrew Cohen reacts to Bernard Madoff's 150 year prison sentence. Cohen believes that the judge was swayed by the testimony of the victims and not by legal precedent.

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Flying Upside Down- Wheels Down



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First Look - Tomberlin's "ANVIL"

Interview with Tomberlin Group CEO Mike Tomberlin (Taking Stock)

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Sector Focus - Industrials

Analysis and Discussion with Nicholas Heymann of Sterne Agee & Leech (Taking Stock)

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Companies Try to Dump Jets

Starbucks, Anheuser-Busch, and Coca-Cola Look to Rid of Corporate Jets

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Madoff Victims On Sentence

Some of Bernard Madoff's victims talk to Harry Smith about how his scam changed their lives forever and what they see as appropriate punishment.

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Flying Upside Down- Preparing for Takeoff



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Rubber Duck Derby

Thousands of rubber ducks raced down a creek during the Annual Duck Derby in Kansas City, Mo. The race helped raise money for the children's therapeutic learning center.

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Spotlight - Desarrolladora Homex

Live! From NYSE Trading Floor: Interview with Homex CEO Gerardo De Nicolas Gutierrez (Bloomberg News)

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Shia LeBeouf's Big Role

Harry Smith spoke with actor Shia LeBeouf about his blockbuster Transformers sequel.

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Market Close 6.29

S&P and Nasdaq Each Rise Less Than 1%; Dow Rises 1.1%; Financials and Energy Best Performers of the Day; Apple CEO Steve Jobs Back on the Job After Liver Transplant; Ford Sales Forecast Sends Shares 3% Higher; Apollo Group Reports 3Q EPS - Act. $1.26 vs. Est. $1.12 (Bloomberg News)

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Wipe That Smile Off Your Face

The father of a murder victim is so outraged when the suspect smiles at him in court that he approaches the suspect and punches him in the face. A courtroom brawl followed. The father was arrested.

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In-Depth Look - Alcoa's Message in a Bottle

Alcoa Downgraded at Friedman Billings Ramsey on High Inventories, Weaker China Demand, and Doubling Stock (Bloomberg News)

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Applause For Madoff Sentencing

There was applause in the courtroom as Bernard Madoff was sentenced to 150 years in prison. As Drew Levinson reports, victims want him to pay for swindling many of them out of their life savings.

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Victims Get The Last Word

Victims get the final say in Michael Huber's sentencing, getting the opportunity to release their anger at the serial rapist. Then they clap as he taken away to serve 195 years.

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Stocks to Watch- Biogen Idec, Teppco, Enterprise Products

Biogen Idec Shares Fall Over 5% After Being Cut to "Hold" at Deutsche Bank; Enterprise Products to Buy Teppco for $3.3 Billion (Bloomberg News)

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Ray Romano's 3D Look

Comedian Ray Romano provides his distinctive voice for the new 3D film "Ice Age: Dawn of the Dinosaurs." Romano talks with Harry Smith about how he prepared his voice for the film.

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Currency Outlook - Dollar Ready to Rebound Against Euro?

Watching the Greenback - Analysis and Discussion with Marc Chandler of Brown Brothers Harriman (Bloomberg News)

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Another Look - The Madoff Sentencing

Interview with Former SEC Attorney Jacob Frenkel (Bloomberg News)

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In-Depth Look - How the "Herd" Can Hurt You

The Herd Mentality - Investors Moving in Lockstep (Bloomberg News)

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Selena Gomez's Sweet Tooth

Actress Selena Gomez showed Maggie Rodriguez a quick and easy recipe for refrigerated cheesecake while promoting her movie, "Princess Protection Program."

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Flying Upside Down- Endgame



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Spotlight - Sears Holdings Corp.

Sears Launches Buyer Protection Program for Appliance Buyers - Interview with Kevin Brown, VP of Sears Home Appliances Unit (Bloomberg News)

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Today in Washington - Sotomayor Ruling Overturned

Sotomayor's Firefighter Discrimination Ruling Overturned by Supreme Court (Bloomberg News)

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Remembering Their First Cars

Russ Mitchell's first car was a 1976 MG and the first car Harry Smith owned was a VW beetle. Can you guess what Maggie Rodriguez and Dave Price drove?

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Common Workout Mistakes

Author and trainer Chris Robinson showed Maggie Rodriguez what not to do at the gym.

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Is Hubby Making You Chubby?

A new study shows that married couples are more likely to be obese. Dr. Jennifer Ashton talks with Maggie Rodriguez about why this may be happening.

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Electric Cars Hit The Streets

The Early Show gets the exclusive world premiere of the Anvil, an electric car that is legal for the street. Mike Tomberline talks with Dave Price about how the car is manufactured.

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Further Reaction - Madoff Sentenced to 150 Years

Live! From U.S. District Court in Lower Manhattan: Exclusive Interview with Madoff Victim Sharon Lissauer (Bloomberg News)

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More Reaction - Madoff Sentenced to 150 Years

Live! From U.S. District Court in Lower Manhattan: Exclusive Interview with Madoff Victim Cynthia Friedman (Bloomberg News)

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Judging Sonia Sotomayor

The Supreme Court has ruled on a case with implications for Supreme Court nominee Sonia Sotomayor. The case involves white firefighters who say they were discriminated against. Wyatt Andrews reports.

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Instant Reaction - Madoff Gets 150 Years

Live! From U.S. District Court in Lower Manhattan: Exclusive Interview with Madoff Victim Jennifer Meerow (Bloomberg News)

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Recap - Madoff Sentenced to 150 Years

Live! Coverage from U.S. District Court in Lower Manhattan (Bloomberg News)

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Madoff Gets Full 150-Year Sentence

Bernard Madoff Sentenced to 150 Years in Prison for Massive Ponzi Scheme (Bloomberg News)

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Politician Infidelity

Maggie Rodriguez spoke with family therapist Dr. Jenn Berman about the differences between the extramarital affairs of Gov. Mark Sanford and Gov. Elliot Spitzer.

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Infomercial King Dies Suddenly

Infomercial star Billy Mays died suddenly a day after experiencing a rough plane landing where he admitted to hitting his head, Bianca Solorzano reports.. Dr. Jennifer Ashton commented on the case.

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Jackson's Doctor's Role

Harry Smith spoke with an attorney for Dr. Conrad Murray about Michael Jackson's state of health before his sudden death.

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Chopra On Jackson Drug Abuse

Harry Smith spoke with Dr. Deepak Chopra about his friendship with Michael Jackson and his alleged prescription drug addiction.

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Gov. Sanford's Mistress Speaks

Gov. Mark Sanford's mistress spoke out in a statement explaining that emails between her and the governor have been stolen. Kelly Cobiella reports.

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Madoff's Judgement Day

Bernard Madoff may face up to 150 years in prison after bilking investors out of $65 Billion. Armen Keteyian reports.

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Al Sharpton On Jackson's Kids

Maggie Rodriguez spoke with Rev. Al Sharpton about the fate of Michael Jackson's children and the family's request for a second autopsy.

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Incentive To Worried Buyers - Sears

Sears says the people lose their jobs after buying appliances costing $3.99 a more may be able to keep them for free. (Bloomberg News)

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Enterprise Products To Buy Teppco

Two pipeline operators make a plan to combine the biggest energy partnership. (Bloomberg News)

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More Perspective - Madoff Sentencing

From the Penthouse to the Big House - Interview with Larry Levine of Wall Street Prison Consultants (Bloomberg News)

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In-Depth Look - From The Penthouse To The Big House

Interview and discussion with Larry Levine of the Wall Street Prison Consultants. He talks about what life Madoff may get in the big house. (Bloomberg News)

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Market Open 6.29

Lydia Thew is live in the New York Stock Exchange were stocks are set of to kick higher. (Bloomberg News)

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In-Depth Look - Lockstep Markets May Burn Investors

Interview and discussion with Joseph Mezrich of the Nomura Securities International. He talks about commodities and rallies in the market. (Bloomberg News)

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No Need To Go Public - Facebook

Facebook can attract new investors without an I.P.O. Tthe site does not need to go public. (Bloomberg News)

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In-Depth Look - Commodity Rally May End

Interview and discussion with Dennis Gartman of The Gartman Letter. He says doubt commodity rally will falter. (Bloomberg News)

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In-Depth Look - Madoff To Be Sentence

Interview and discussion with Jerry Reisman of the Reisman. Peirez & Reisman. He talks about the Madoff scheme. He says Madoff deserves a life imprisonment. (Bloomberg News)

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Shake-Up In Mining Industry

Mining industry continues to shake-up. Two companies battle for the acquisition of Anglo American. (Bloomberg News)

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In-Depth Look - Drawbacks Of A Public Plan

Interview and discussion with John Sheils of the Lewin Group. He gives his concern about the health-care overhaul President Obama is pushing. (Bloomberg News)

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Health-Care Reform Debate Continues

The Obama administration takes no break in the push for health-care reform. The President travels 60 miles to end in Virginia, to put more public pressure for health-care overhaul. (Bloomberg News)

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Companies Try To Dump Jets

Starbucks, Anheuser-Busch and Coca-Cola try to sell their corporate jets to minimize cost. (Bloomberg News)

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In-Depth Look - Threat Of Hyperinflation

Interview and discussion with Marc Faber of the Marc Faber Ltd. He talks about inflation that may took place in the economy. (Bloomberg News)

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Dancing Inmates' Tribute To Jackson

Manila dancing inmates put a song and dance memorial for their idol Michael Jackson. (Bloomberg News)

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Rivera Gets 500th Save

Mariano Riviera becomes the second relief pitcher to reach 500 saves as the New York Yankees beat the Mets. (Bloomberg News)

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US Soccer Team Almost Win

The U.S. men Soccer team almost wins the title when Landon Donvan's goal put the team ahead of Brazil at the halftime. But Brazil roars back and take a 3-2 lead. (Bloomberg News)

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College Tuition Rising 4.3%

Tuition is going up again at private U.S. colleges. 4.3% hike is coming. (Bloomberg News)

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No. 1 With $112M - Transformers 2

Transformers 2 take in $112 million to lead the blockbuster movie this week. Coming in second was "The Proposal" which takes in $18.5 million. Down to the number three spot is "The Hangover" which takes in $17.2 million. (Bloomberg News)

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Pitchman Billy Mays Dead

TV pitchman Billy mays dies at the age of 50. (Bloomberg News)

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Manhattan Office Market Looking Up

Manhattan's office market may begin to recover by next year, the optimism comes from S.L. Green Realty. (Bloomberg News)

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Putin Visits Market

Putin pays surprise visit to market to criticize price mark-ups. (Bloomberg News)

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Uphill Senate Struggle - Climate Plan

Democrats barely able to push through President Obama's climate change bill in the house and may face a tougher battle in the senate. (Bloomberg News)

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Iran Frees 5 UK Embassy Staff

Iran's state-run TV reports that five British TV staff detained in Tehran have been released. (Bloomberg News)

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Asian Market Check

Asian stocks ends mostly lower overnight. The main concern seems to be share sales diluted existing share holdings. (Bloomberg News)

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Standout Funds In 2Q

Second quarter was an impressive period overall for mutual funds. (Bloomberg News)

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Iraq Has World's 3rd-Largest Oil Reserves

Iraq holds the third world's largest crude reserves with 113 billion barrels. (Bloomberg News)

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Ex-ABN Amro Bank Found Shot - Daily Mail

Former Chief Finance officer found shot to death in a Woodland area in England. (Bloomberg News)

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PPIP Plan Faltering - WSJ

Timothy Geithner's plan is having a hard time to find buyers and sellers. The "Wall Street Journal" reports that big banks are unwilling to sell at rock bottom prices. (Bloomberg News)

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Swiss Banks Shunning Americans

Swiss Banks tell American investors to take their money elsewhere. (Bloomberg News)

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$3.5B Towers Perrin Merger

Two consulting power houses merge. The combined firm will be named as Tower-Watson. (Bloomberg News)

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AEG Prepares For Concert Refund

A.E.G. prepares for the biggest concert refund in the history. They sell nearly one million tickets. (Bloomberg News)

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Jackson Has Slight Pulse - Doctor

Michael's doctor who treats him before he dies says Michael has a slight pulse. (Bloomberg News)

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Curfew Impose - Honduras

A military crew oust Honduran President Manuel Zelaya with power. (Bloomberg News)

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European Market Check

European benchmarks are all higher, banking stocks add the most points. (Bloomberg News)

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Bond Sell-Off Expects To Slow

Wall Street's largest bond holding firm says the worst may be over for treasuries and predict the 10-year will end the year little changed. (Bloomberg News)

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Dollar Expects To Rise

Investors move back into the dollar after China says the greenback may continue to dominate global trade. (Bloomberg News)

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Madoff's Scheme Spanned The Globe

At least eight firms lost at least $8.8 billion in Geneva because of the Madoff Scheme. (Bloomberg News)

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Day Of Reckoning For Madoff

Bernard Madoff will be sentenced in Federal Court in New York. Prosecutors ask that he be given 150 years of imprisonment. (Bloomberg News)

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Latin America unites behind ousted Zelaya

Honduras interim leader Roberto Micheletti imposed a nationwide 48-hour curfew after the army ousted elected President Manuel Zelaya and sent him into exile. Cuban Foreign Minister Bruno Rodriguez denounced the "brutal and criminal coup d'etat" and demanded the return of Zelaya.

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Business- Bernard Madoff Is Sentenced to 150 Years

Bernard L. Madoff, who was accused of running one of the biggest Ponzi schemes in history, was sentenced to 150 years in prison.

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Nicholas D. Kristof- Covering a Global Crisis

Columnist Nicholas D. Kristof explains how to stay safe and get the story right while covering a global humanitarian crisis.

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Movies / Critics' Picks- Critics' Picks- 'Jaws'

Scott reviews Steven Spielberg's 'Jaws,' one of the first summer blockbusters.

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In U.S., Most are Scrutinizing Their Spending

A Gallup Poll Daily tracking aggregate from June finds 88% of Americans agreeing with the statement that "You are watching your spending very closely� and 71% saying that they are cutting back on how much money they spend each week. 7193 Gallup

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Iran frees British embassy staff, calls for Neda inquiry

Iran says it has freed five local British embassy staff arrested on accusations of stoking post-election unrest. The announcement comes as Iran's top election body began a partial recount of the fiercely-disputed presidential election, and President Mahmoud Ahmadinejad called for a probe into the death of Neda Agah-Soltan.

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Integrating Iraq's anti-Qaeda militias

One of the reasons attributed to Iraq's improving security situation is the Sahwa, Sunni militia recruited by US forces to help combat Al-Qaeda. Now that American soldiers are preparing to withdraw from the cities, the Sahwa are undergoing training to join Iraq's regular army and police.

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Moonwalk tribute to Jackson at Eiffel Tower

The Eiffel Tower in Paris was the scene for a giant moonwalk tribute to Michael Jackson with more than a thousand fans dancing together in memory of the late pop icon.

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Ousted Honduran leader denounces ouster by 'gorillas'

Ousted Honduran President Manuel Zelaya has insisted he is still president even though his Central American country's congress has sworn in the parliamentary speaker as the country's new leader.

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Iraqis 'ready' to take over

The top US general has declared Iraqi troops "ready" to take over as US combat troops pull out from Iraq's cities and main towns on Tuesday, marking what will be a major stepping stone for the war-torn country.

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US pullout a much-needed 'symbolic gesture' for Iraqis- expert

For Loulouwa al-Rachid, a Middle East expert from the International Crisis Group, the US military pullout of Iraq's urban areas is a symbolic gesture long in coming but one that delivers a powerful message to the population.

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Obama's double debuts at Paris wax museum

It's a sign of President Barack Obama's celebrity status. He's entered France's hall of fame, with the unveiling of his wax statue by the Grevin museum in Paris. The venue for this world premiere was none other than France's most famous monument.

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