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Thursday, July 9, 2009

Crawford's Video Trail Mix- The World's President

Barack Obama may not be getting everything he had hoped for on his trips to Russia and Italy, but CQ Politics blogger and MSNBC contributor Craig Crawford says the president is just storing away goodwill to cash in on later.

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Chinese Nationals Work For Rio Tinto

China holds Rio Tinto's iron ore head and others for allegedly steal some state secrets. (Asia Confidential)

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Mumbai Braces For Floods From Highest Monsoon Tide

Over a hundred thousand takes refuge on island after the Monsoon floods in Mumbai. (The Bloomberg Edge)

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Couric's Financial Notebook

Katie Couric reports how the number of unemployed workers in the U.S. continues to increase while nationwide consumer spending continues to decrease.

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Quality Of Medical Care Gap

A new comprehensive report indicates that the chances of patient survival vary greatly from one medical care location to the next throughout the nation. Nancy Cordes reports.

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GM To Exit Bankruptcy

U.S. automaker General Motors is emerging from bankruptcy as a leaner company after five weeks of reorganizing. CBS News business correspondent Anthony Mason reports.

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The Recession's Six Degrees

In the CBS series "Financial Family Tree," Seth Doane reports how seemingly unrelated companies, such as a rum cake manufacturer to a dolphin theme park, affect each other's profits.

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Illinois Cemetery Desecration

Workers from a cemetery outside of Chicago are charged with digging up bodies in order to resell the graves, outraging those whose loved ones were interred there. Cynthia Bowers reports.

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Baby Skates Sensation

A viral advertisement, featuring flexible babies wearing roller skates, has emerged as a worldwide hit video on the internet. Mark Phillips reports from London.

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G8 Summit On Environment

Leaders from around the world, including President Obama, have gathered in L'Aquila, Italy to consider methods to reduce greenhouse emissions. CBS News' Chip Reid reports from Rome.

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Japan's Nikkei 225 Index Forms A Double Top

Tokyo electron shares of the company rises to 2.8% in today's trading. (The Bloomberg Edge)

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As Dollars Decline The Oil Price Increase

The exporter of oil had to sell more oil as they get less supply of food leads to agriculture crisis. (The Bloomberg Edge)

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Dollar May Fall Versus Yen As Libor Gap Narrows

Dollar currency may fall against the Yen by the signal from the banks loan market. (The Bloomberg Edge)

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Babies, Skates and Hip Hop

The Early Show correspondents discuss an advertisement posted online by Evian water of babies dancing on roller-skates to hip hop music. The video is quickly becoming a YouTube sensation.

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Active Global Commodities Fund

Analysis and discussion with Manager of Global Commodities Fund Greg Smith. He talks about the global recovery and commodity stock status. (The Bloomberg Edge)

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Two Initial Public Offering Launch In China

Regulators often limited the valuation of the initial public offering, typically setting it at 20 times earnings regardless of company that often lead to very big first-day gain.

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Two Initial Public Offering Launch In China

Regulators often limited the valuation of the initial public offering, typically setting it at 20 times earnings regardless of company that often lead to very big first-day gain.

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Emerging On Asian Currencies

Asian currencies are down across the board except for Indonesian Rupiah its up by 0.5% and the other currencies are lower. (The trade)

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Progress On Indonesia Under President Yudhoyono

President Yudhoyono has pledge to double its budget on infrastructure to spend as much as $140 billion on his second term. (The Trade)

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Decline On Philippine Export

Latest figure shows a contraction on export that is by 27% decline which has slower rate since the past six months. (The Trade)

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Goldman Sachs Makes A Comeback

Bank of America says that Goldman Sachs trading revenue may beat the record. (The Trade)

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John Landis' Memories of Michael

After the Michael Jackson memorial, the director reminisced about working with the pop star in the early 1980s when they made the landmark music video "Thriller."

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G-8 Summit Skips Dollar Debates

G-8, Developing Nations dodge clash on dollar and vow to avoid its devaluations. (The Trade)

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Inside Look On Japanese Stock

Exporter rises after the yen dropped against the most of the major currencies. (The Trade)

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Notebook- Stimulus

Ohio has been hit hard by the economy with a 10 percent unemployment rate. President Obama's approval ratings have slipped with only half of the state's population approving of the stimulus bill.

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Sector Focus - Energy

Analysis and Discussion with Robert MacKenzie of FBR Capital Markets (Taking Stock)

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Emerging Market Spotlight - China

Interview with Jing Ulrich, Chairwoman of China Equities at JPMorgan Chase & Co. [FULL INTERVIEW - 16:33] (Taking Stock)

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Thriller Director Remembers M.J.

John Landis, director of the music video "Thirller," discussed Michael Jackson's gift for performing, disciplined talent and struggles as a tortured and complex celebrity. Richard Roth reports.

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Google vs. Microsoft - An Awkward Moment

Google Chairman Eric Schmidt and Microsoft Chairman Bill Gates Share a Laugh After Gates Says "No Comment" About Google's Operating System Plans to Reporters (Bloomberg News)

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Economic Expectations - Fed Needs to Retain Independence

Live! From St. Louis, MO: Exclusive Interview with St. Louis Fed President James Bullard [FULL INTERVIEW - 14:56] (Bloomberg News)

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Energy Outlook - Oil Prices to Remain Volatile

Analysis and Discussion with Doug Sandler of Riverfront Investment Group (Bloomberg News)

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Senior Citizen Self-Defense

Some senior citizens are learning to use their canes for self-defense in the new "Cane-Fu" class that is beginning to appear across the country. Teri Okita reports from Garden Grove, CA.

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Market Close 7.9

S&P and Nasdaq Each Rise Less Than 1%, Dow Remains Virtually Unchanged; According to Bank of America, Goldman Sachs Trading Revenue May Beat

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Market Outlook - Will Recession Leave Mark on Consumer?

Analysis and Discussion with Brian Angeranme of ClearBridge Advisors (Bloomberg News)

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In-Depth Look - Is CIT Group "Too Big to Fail"?

CIT Reporting $10 Billion in Debt Coming Due Through 2010 (Bloomberg News)

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Rubiks Reinvented

The Early Show correspondents spoke to Rubik's Cube speed-solver Tyson Mao about the new Rubik's 360 that promises to be as complex as the original, and the differences between the two models.

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Biggest Polluting Countries Agree on Emissions Cap

Polluting Nations Agree to Cap Planet's Temperatures - Interview with John Hofmesiter, Former President of Royal Dutch Shell and Currently Founder of Citizens for Affordable Energy

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Inside Look - Manhattan Real Estate Market

Roundtable Discussion Featuring Miller Samuel President Jonathan Miller (Bloomberg News)

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Preventing Bossy Behavior

Psychiatrist Dr. Janet Taylor spoke with Harry Smith about bullying behavior in children and how parents can prevent this behavior.

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Drug Czar On Rx Abuse

Maggie Rodriguez spoke with National Drug Control Policy Director Gil Kerlikowske about the dangers of prescription drug abuse.

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Fed Focus - Should We Have an "Uber"-Regulator?

Analysis and Discussion with Joshua Rosner of Graham Fisher (Bloomberg News)

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The Euro Bungee Workout

The Early Show correspondents spoke to Christina Goyanes from Women's Health Magazine about the summer festival "Are You Game?" and Dave Price demonstrated the Euro Bungee.

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In-Depth Look - 30-Year Bond Auction Results

U.S. 29-Year 10-Month Bonds Bid/Cover Ratio 2.36 at Auction; Instant Reaction with Michael Franzese of Standard Chartered (Bloomberg News)

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In-Depth Look - Price of Publishing

Kindle Books at $9.99 May Shrink Profit Margins at Publishers - Analysis and Discussion with Sandeep Aggarwal of Collins Stewart (Bloomberg News)

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Obama Comments on Climate Change

Live! From L'Aquila, Italy: President Barack Obama Speaks at G-8 Summit (Bloomberg News)

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In-Depth Look - Stealing Secrets from Goldman Sachs

Former Goldman Programmer Sergey Aleynikov Arrested for Theft Charges on July 3rd (Bloomberg News)

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Sector to Watch - Retail

Retail Sales Miss the Mark for the Tenth Straight Month; What are Traders Saying? - Staying Long on Dollar Stores, Back to School is Key (Bloomberg News)

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Inside the Big Brother House

Host Julie Chen takes a tour of the Big Brother house where everything from the walls to the d cor is recycled.

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Living With Boomerang Kids

With the unemployment rate soaring, many young adults are returning to their parents' homes to save money. Ray Martin explains how to make intergenerational living work.

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Hidden Hazard in Pools

George Pellington from the Pool Safety Council and Scott Wolfson from the Consumer Product Safety Commission comment on new standards to protect children from deadly pool drains. Susan Koeppen reports.

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The Condiment Trap

Harry Smith spoke with dietician Keri Glassman about how to replace the condiments in meals and cut calories.

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McNair Murdered by Mistress

Two days after being arrested for driving drunk, NFL star Steve McNair's mistress killed him then shot herself, Priya David reports. Bishop Joseph Walker III discussed the McNair family's loss.

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Inside Look - PPIP Players

PPIP Program Launches Without PIMCO; Further Interview with Marathon Asset Management CEO Bruce Richards (Bloomberg News)

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Obama's Popularity Dips

President Obama's popularity suffered a five point drop, and there's not likely to be an agreement at the G8 Summit in Italy where he focused on global warming and the economy. Bill Plante reports.

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Inside Look - Should Fed Be Systemic Risk Watchdog?

Will Congress Clamp Down on Derivatives? - Exclusive Interview with Rep. Spencer Bachus (R) of Alabama, Ranking Republican on House Financial Services Committee (Bloomberg News)

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Fun-Employment

For most people, losing a job can be a crushing blow but for others it can be a vacation. John Blackstone reports.

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G-8 Agrees to 80% Cut in Carbon Emissions by 2050

Analysis and Discussion with Pavel Molchanov of Raymond James & Associates (Bloomberg News)

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Bottled H2-No?

Most think bottled water is better than tap, but the lack of labeled information on water bottles has others questioning if it's safe at all. Kelly Wallace reports.

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The Currency Report - U.S. Dollar, Japanese Yen

Risk Appetite Returns; Bank of Japan Signals Auction on Yen Appreciation (Bloomberg News)

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International Perspective - BOE Keeps Interest Rate at 0.5%

Analysis and Discussion with Colin Ellis of Daiwa Securities (Bloomberg News)

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In-Depth Look - June Same Store Sales

Same Store Slump - Analysis and Discussion with Lori Wachs of Delaware Investments (Bloomberg News)

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CIA Misleads Congress

Rep. Pete Hoekstra (R-Mich.) comments on the accusation of the Speaker of the House Nancy Pelosi that the CIA lied to congress about enhanced interrogation techniques. Nancy Cordes reports.

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Jackson Death Still a Mystery

Michael Jackson's cause of death remains a mystery, Ben Tracy reports. Maggie Rodriguez spoke with National Drug Control Policy's Gil Kerlikowske about the dangers of prescription drug abuse.

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In-Depth Look - Waxman-Markey Bill

Interview and discussion with the President of the Climate Exchange, Richard Sandor. He gives his insights about carbon trading. He says Waxman-Markey is a great start. (Bloomberg News)

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In-Depth Look - G-8 Focus On Trade

Interview and discussion with the World Bank President, Robert Zoellick. He says global economy still has serious risks ahead. (Bloomberg News)

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In-Depth Look - Treasury Picks PPIP Managers

Interview and discussion with Daniel Alpert of the Westwood Capital. He talks about the treasury's move to pick nine asset managers to assist troubled assets. (Bloomberg News)

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Emulex Rejects Broadcom's $11/Share Offer

Emulex shares sink. Emulex says they are looking for a deal or offer that reflects the full value. (Bloomberg News)

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Market Open 7.9

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

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In-Depth Look - Does US Needs 2nd Stimulus Package?

Interview and discussion with the economic professor of the University of Texas, James Galbraith. He says the stimulus package pass last February is never going to be enough. (Bloomberg News)

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Inside Look - Loomis Sayles Bond Fund

Interview and discussion with Kathleen Gaffney of the Loomis Sayles. She discuss the opportunities she sees in the fixed-income market. (Bloomberg News)

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In-Depth Look - Jobless Claims Reaction

Interview and discussion with Dean Maki of the Barclays Capital. He gives his insights regarding the lowest jobless claims out in the economy. (Bloomberg News)

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In-Depth Look - How To Pay For Health Care?

Interview and discussion with Rep. Dave Camp of the Ways & Means Committee. He says if we're going to recover economy, it will be through small businesses. (Bloomberg News)

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Jump Retail Sales

China car sales surge. The biggest increase since February. (Bloomberg News)

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In-Depth Look - 'Garbage' To AAA

Interview and discussion with Howard Simons of the Bianco Research. He talks about the Morgan Stanley's plan to turn toxic waste to AAA gold. (Bloomberg News)

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Blackout On LeBron Dunking

LeBron James is dunk on by a college sophomore, Nike, confiscate the videotape, they say it is not right to take pictures of King James when hes not in shape. (Bloomberg News)

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Dykstra Files For Bankruptcy

Dykstra files for bankruptcy. He owes $10 - 50 million. (Bloomberg News)

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UK Top Chef Award

For the first time a woman wins the U.K.'s top chef award. (Bloomberg News)

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McNair Death Was Murder-Suicide

Police says McNair death is Murder-Suicide. They say McNair girlfriend shoot him then kill herself. (Bloomberg News)

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Lance's Artsy Bike

Armstrong is speechless seeing his bike's design full of butterflies. (Bloomberg News)

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Mets Vs. Dodgers

Mets wins 5-4 versus Dodgers. (Bloomberg News)

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Jackson Tribute Watch By 31M

Jackson's memorial service drags 31 million viewers. (Bloomberg News)

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Prices Plummet On Luxury Wines

Luxury wine market becomes dull. Customers are looking for discounts. (Bloomberg News)

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Manhattan Apartment Prices Fall

Rents in Manhattan apartments fall about 18%. (Bloomberg News)

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SEC's Richard To Leave

S.E.C.'s Richard will leave in August. (Bloomberg News)

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Rio Tinto Exec Accuse Of Spying

Rio Tinto's executive is accuse of stealing state secrets. (Bloomberg News)

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Urumqi Quiet After Rioting

There were no reports of riots today in Urumqi. Chinese officials say a single master mind is behind the violence. (Bloomberg News)

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Asian Market Check

Asian stocks fall for the seventh straight day. (Bloomberg News)

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Hackers Attack Government Web Sites

Hackers attack U.S. government and private websites. (Bloomberg News)

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Old Vs. New Media At Sun Valley

Media and technology moguls deal with the topic "How traditional media companies deal with the rapid rise of digital media?" (Bloomberg News)

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Rules Of The Road - Bigger Trucks?

International Papers wants the government to allow big trucks on the highways. (Bloomberg News)

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Former Morgan Stanley VP To Plead Guilty

Former Morgan Vice President pleads guilty for stealing $2.5 million dollars. (Bloomberg News)

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Lehman Advisers Get $263M

Lehman Brothers pays its advisers $263 million for nine months of work. (Bloomberg News)

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Paying For Health Care

The congress figures out who will pay for the health-care reform program they are passing. (Bloomberg News)

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Bank Of England Decision

Bank of England will announce its policy decision. It is about keeping its benchmark interest-rate at a half a percent. (Bloomberg News)

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CIA Mislead Congress - Panetta

C.I.A. director admits his agency to mislead congress on a number of secret operations. (Bloomberg News)

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European Market Check

European stocks are up after five days of decline. (Bloomberg News)

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Alcoa Beats Estimates

Alcoa's shares rise this morning after they post their second quarter result that beats estimates. (Bloomberg News)

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Recovery 'Too Weak' For Exit

G-8 summit's exit plan strategy was proven to be premature. (Bloomberg News)

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AIG Stock Sinks

A.I.G. try to figure out how to repay bailout funds. (Bloomberg News)

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New GM Retain $48B In Liabilities

G.M. will still carry its liabilities when it arise from the bankruptcy. (Bloomberg News)

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CIT Group May Be On Brink Of Failure

C.I.T. is in trouble. C.I.T. lose all of its three investment rates. (Bloomberg News)

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Wall Street's Magic Act

Morgan Stanley plans to turn loan CDQ into AAA bonds. (Bloomberg News)

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PIMCO Pulls Out Of PPIP

PIMCO pulls out from P.I.P.P. (Bloomberg News)

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World- More Protests in Iran

Iranian opposition supporters returned to the streets of Tehran on Thursday, marking the tenth anniversary of student protests in 1999 with new demonstrations.

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N.y./region- Flying High

New York City's first municipal airport is now a national park used by cyclists, fishermen, model aircraft enthusiasts and volunteers restoring vintage aircraft inside its disused hangars.

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Lens Photojournalism- Jazz Singer

Deanna Kirk decided to interrupt her career as a jazz club owner to have a baby.

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Americas- The Buses of Bogotá

Over the last decade, cities in developing countries around the world have been adopting bus systems like Bogot�'s Transmilenio because they are cheaper and ease traffic and pollution.

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Hybrids lead way to Japanese car market recovery

Hybrid cars are becoming increasingly popular in Japan. Toyota's new Prius was the country's best selling car last month but competitors Honda and Nissan are not far behind. The race is now on to produce a best-selling, totally emissions-free car.

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How to develop solar energy?

As the climate heats up, the world is grappling with how to produce cheap energy from renewable sources. A Californian company has found a way to offer cut-rate fees for installing solar panels.

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How to develop solar energy?

As the climate heats up, the world is grappling with how to produce cheap energy from renewable sources. A Californian company has found a way to offer cut-rate fees for installing solar panels.

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Jean-Paul Gaultier honours stars of cinema in Paris show

Jean-Paul Gaultier paid homage to the stars from the golden age of Hollywood in his latest collection shown in Paris.

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Italy's quake victims not so sure of limelight

World leaders have flocked to L'Aquila in central Italy which was devasted by an earthquake on April 6th. Italy's flamboyant billionaire Prime Minister Silvio Berlusconi switched the venue for the meeting to show solidarity for quake victims. But some villagers in communities in the area aren't so sure there's any payoff for hosting the G8.

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Urumqi residents shocked by extent of ethnic rioting

Riot police and soldiers kept a strong presence in China's Urumqi city on Thursday after days of bloodshed, but residents remained shocked by the extent of the violence and said it would take time for wounds to heal.

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Soul wunderkind Alain Clark takes Montreux by storm

Dutchman Alain Clark is the latest soul wunderkind who's made it big in the Netherlands and now, with a little help from the Montreux Jazz Festival, plans to conquer Europe.

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