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Friday, July 10, 2009

The Wildcard- STD Game

In this week's installment of "The Wildcad," Texas teens learn about STDs from a new computer game; Also, don't miss amazing video of Spain's running-with-the-bulls festivities in Pamplona.

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Report- Eat Less, Live Longer

A recently released report indicates that a low-calorie diet can be very beneficial and even lead to the increased longevity of the individual. Sandra Hughes reports from Los Angles.

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GM Turns To New Direction

General Motors has returned from a 40-day bankruptcy period with a new outlook towards the future. As Dean Reynolds reports, the company's leaders view this restart as a "second chance in life."

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Confirming Sotomayor

Congressional Democrats and Republicans are preparing for the confirmation process of Judge Sonia Sotomayor, the first Hispanic American nominated to the U.S. Supreme Court. Wyatt Andrews reports.

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Hi-Tech Drones Aid Terror Hunt

A new online video reveals alarm and concern from Al Qaeda leaders over unmanned missile drones launched by the CIA to strike against suspected terrorists. David Martin reports from the Pentagon.

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Fidelity Investment As The Global Economy Falls

Interview and discussion with CEO of Putnam Investment Robert Reynolds. He tackles about the financial business in times of crisis. (For the Record)

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President Obama On G-8 Summit In Italy

President Obama talks to the leadership in both house and senate and he thought more of imposing political bridge. (Political Capital)

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Outlook On Health Care Bill

Analysis and discussion with Senator Kent Conrad. He talks about the bipartisan health care bill. (Political Capital)

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Grave Crimes Outrage

Families who had relatives buried at Burr Oak cemetery are now searching for their loved ones in the wake of a scandal to dig up graves and resell the plots. Cynthia Bowers reports from Alsip, Ill.

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Obama, Pope Convene At Vatican

President Obama traveled to the Vatican to meet with Pope Benedict XVI. As Chip Reid reports, the pair discussed a wide range of issues, including abortion, during their meeting.

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In-Depth-Look- Agricultural Business

Interview and discussion with Joe Salatin of Polyface Farm. He talks about industrial and commercial farming. (Venture)

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Slowdown In Electronic Sales

Coffey says that one of the most important things is that they get a boil in digital television and they already have a buy rating on Dolby as they earn from royalty revenue. (Taking Stock)

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Inside Look On Commercial Real Estate

Eroding fundamentals in commercial real estate and the values were down to 30% to 50% results to people cannot afford to sell the properties and the buyers were having a problem to pay for its price. (Taking Stock)

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Weak Demand For Natural Gas

The decline rate on natural gas needs a corrective factor that will prevent it from continuous decline on its production. (Taking Stock)

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Struggle On Energy Pits

Crude has the biggest weekly decline since January and there were severe dislocation in the diesel market that pulls crude oil prices up along with it. (Taking Stock)

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Expectation On Big Banks And Brokerage Earnings

Brokerage and big banks earnings want to meet their financial deals expecting to have a great increase. (Taking Stock)

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S&P Is Down In Four Consecutive Week

S&P decline in four straight weeks it is down by 1.9% and the NASDAQ is down to 2.25%. (Taking Stock)

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Notebook- Blackberry

Katie Couric notes how people these days are constantly checking their blackberry phones. Some offices are banning the use during meetings.

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Tweet a Ride Home?

London Cabbie Sets Up First Twitter Cab Service, "tweetalondoncab" (Bloomberg News)

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Bull Attacks Crowd During Run

CBS News Raw: A bull that got separated from the pack attacked the crowd during the fourth run of eight held at the San Fermin festival in Pamplona, northern Spain. There were no serious injuries.

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Bond Outlook - Spreads Could Widen if CA Stalemate Persists

Investing in California Bonds - Analysis and Discussion with Paul Brennan of Nuveen Asset Management (Bloomberg News)

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Inside Look - AIG Solvency & Reorganization

Interview with Acting NY Insurance Chief Kermitt Brooks (Bloomberg News)

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Spotlight - General Motors

Interview with Vice Chairman Robert Lutz (Bloomberg News)

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Market Close 7.10

S&P and Dow Each Fall Less Than 1%, Nasdaq Rises Less Than 1%; Fourth Weekly Drop for U.S. Stocks; Financials and Energy Worst Performers of the Day, Energy a Worst Performer of the Week Along With Telecom and Materials; U.S. Trade Deficit Shrinking; Banks Reporting Earnings Next Week (Bloomberg News)

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Chart of the Day - Freight Train Traffic Tumbles

Buffet's Most-Watched Index Takes a Tumble - Shipments Fell 19.2% Through Last Week from a Year Earlier (Bloomberg News)

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Sector to Watch - Banking

Big Banks Could Surprise Next Week with Better Than Expected Earnings; Dick Bove Likes Big Banks With Wall Street Exposure; Barclays Estimates $10 Billion in Revenues at Goldman Sachs; According to Guy Moszkowski, Goldman Could Beat Its 2007 Record (Bloomberg News)

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Maxwell- "Ascension"

R&B singer Maxwell performs the song "Ascension (Don't Ever Wonder) from his 1996 album "Maxwell's Urban Hang Suite." 70 CBS

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Maxwell's Back On The Scene

Back in 2001, R&B star Maxwell was at the top of his game with three platinum albums. Then, the Brooklyn-born artist decided he wanted to take some time off. Now, he's back with a new album.

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Inside Look - Houston Assesses Impact of Stimulus

Interview with Houston, TX Mayor Bill White (Bloomberg News)

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In-Depth Look - High Yield May Take a Summer Vacation

Default Rates May Cool Scorching Returns; Hotels and Gaming Lead Downgrades (Bloomberg News)

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Energy Outlook - The Case for Lower Oil Prices

A Crude Decline - Analysis and Discussion with Peter Beutel of Cameron Hanover (Bloomberg News)

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Inside Look - Oil's Volatile Year on Businesses

One Year Anniversary of Oil's Intraday Record High - Analysis and Discussion with Maynard Holt of Tudor, Pickering, Holt & Co. (Bloomberg News)

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Sector to Watch - Technology

Tech Stocks Limiting Declines - Thomas Wiesel Upgrades Yahoo; Goldman Sachs Adds Dell to Conviction Buy List (Bloomberg News)

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In-Depth Look - Sell Coffee in May and Go Away

With the Frost Away the Bear Will Play (Bloomberg news)

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Sears Puts Out Christmas Gear

Consumers Reluctant to Spend on Declining Home Values, Tight Credit, and Rising Unemployment; According to NRF, Growth Expected This Holiday Season (Bloomberg News)

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A Comeback For GM?

The road is all clear for General Motors to emerge from bankruptcy in record time. Sixty percent of the GM is now owned by the federal government. Dean Reynolds reports from Detroit, Michigan.

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Economic Expectations - 2010 Will Likely Have "Lumpy Growth"

Analysis and Discussion with Dan Clifton of Strategas Research Partners (Bloomberg News)

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Roubini and Shiller Say Recession May Be Prolonged

Exclusive - On Bloomberg Radio's "Surveillance", Nouriel Roubini and Robert Shiller Discussed "Anemic" Recovery (Bloomberg News)

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Young Boy Climbs for a Cause

Matt Moniz, 11, plans to climb 14 of Colorado's 14-thousand-foot mountains in 14 days to help his best friend Ian Hess, 9, who suffers from pulmonary arterial hypertension. Priya David reports.

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You Say Tomato...

Learn how to prepare an old world Italian meal and some amazing spaghetti sauce. Chef John Delucie shows Maggie Rodriguez how it's done.

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Consumer Questioned Answered

Consumer correspondent Susan Koeppen answers viewers' questions on state lemon laws, community supported agriculture and insulated job sectors. Maggie Rodriguez reports.

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Commodities Outlook- Chinese Job Creation Will Create Demand

Analysis and Discussion with Frank Holmes of U.S. Global Investors (Bloomberg News)

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Preventing Camp Injuries

Summer camp season is in full swing with an estimated eleven million adults and kids in attendance. Camps see their fair share of injuries and sickness. Dr. Jennifer Ashton reports on how to stay safe.

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Singer's Sweet Revenge

A musician whose guitar was damaged by United Airlines exacted his revenge by writing a song that has become a YouTube video sensation. Songwriter Dave Carroll talks about his success.

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The President And The Pope

President Obama is scheduled to meet with the Pope and is expected to discuss such controversial topics as abortion and gay marriage. Bill Plante reports.

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Technical Perspective - Long-Term Bullish on Oil

Analysis and Discussion with Katie Stockton of MKM Partners (Bloomberg News)

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H1N1- A Looming Threat?

The U.S. government believes that there will be a vaccine for H1N1 before the fall flu season. Dr. Jennifer Ashton tells Chris Wragge that two vaccines will most likely be available, one for influenza and one for H1N1.

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International Perspective - Euro Under Pressure

Analysis and Discussion with Ian Stannard of BNP Paribas (Bloomberg News)

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

Seeking Safety in Dollars and Yen (Bloomberg News)

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Racism Charges At Swim Club

A suburban swim club outside Philadelphia is coming under fire after being accused of racism. Bianca Solorzano reports.

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Clooney Aids Earthquake Victims

Actor George Clooney's message can be summed up in three words: look this way. The globe-trotting star is trying to bring worldwide attention to earthquake victims in Italy. Allen Pizzey reports.

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Inside Look - "No Thank You" to IOUs

Interview with California State Treasurer Bill Lockyear (Bloomberg News)

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Spotlight - General Motors

Interview with CFO/Executive VP Ray Young (Bloomberg News)

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In-Depth Look - S&P 500 Extend 4th Straight Weekly Loss

Interview and discussion with Pat Kerman of the Cardinal Capital Management. He talks about the possible extension of the S&P 500 weekly loss. (Bloomberg News)

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Dick Bove Likes Big Banks With Wall Street Exposure

Bank of America, Citigroup, J.P.Morgan and Goldman Sachs will report earnings next week. (Bloomberg News)

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In-Depth Look - Paying Back TARP Money

Interview and discussion with Elizabeth Warren of the Congressional Oversight Panel on T.A.R.P. She says the treasury gets about 66 cents on the dollar. (Bloomberg News)

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In-Depth Look - Commercial Real Estate Crunch

Interview and discussion with Paul Adornato of the B.M.O. Capital Markets. He shares his insights regarding about the grave situation real estate have. (Bloomberg News)

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Looming Commercial Real Estate Crisis

Lawmakers call commercial real-estate the next shoe to drop as financing has evaporated. General Growth Properties file for bankruptcy. (Bloomberg News)

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In-Depth Look - GM To Emerge From Bankruptcy

Interview and discussion with Gerald Greenwald of the Greenbriar Equity Group LLC. He talks about General Motors exits to bankruptcy and he says he is excited for G.M. (Bloomberg News)

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Market Open 7.10

Cris Valerio is live in the New York Stock Exchange with the latest updates. (Bloomberg News)

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California's Budget Up In Smoke

California says there is a way to handle the budget problem. Legalize Marijuana and then tax it. (Bloomberg News)

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In-Depth Look - Health-Care Reform

Interview and discussion with Joseph Antos of the American Enterprise Institute. He says republicans claim bill coming out could cost two trillion dollars. (Bloomberg News)

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Alcoa Slumps In Heavy Pre-Market Trading

Alcoa stocks are down. Alcoa is the worst performing Dow this week and last week. (Bloomberg News)

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Ex-Goldman Employee And FBI

F.B.I. arrest Sergey Aleynikov for stealing software from Goldman Sachs. (Bloomberg News)

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AIG Bonuses Are Back

A.I.G. asks to meet with the Obama administration pay czar. (Bloomberg News)

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CIT Denies FDIC Bond Backing

The federal government refuses to guarantee the company's bonds, which would risk taxpayers. (Bloomberg News)

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The Pope As A Stock Picker

Pope Benedict says the world is duty-bound to rewrite the rules to international finance. He says financial models that have been dominant in recent years must be rethought. (Bloomberg News)

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Economic Discussions - Obama & Pope

President Obama meets with Pope Benedict at the Vatican. (Bloomberg News)

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Airline Credit Concerns Climb

Airlines traffic numbers go down and that means less cash coming in. (Bloomberg News)

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Financing Evaporates

One lawmaker calls the commercial real estate market a ticking time bomb. (Bloomberg News)

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Recession Fading?

The green shoots certainly flourishing. Economist feels more optimistic and says the recession is fading. (Bloomberg News)

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Warrants Undervalued - TARP Report

The treasury gives smaller banks a deal selling back stocks to them for less than they are worth costing taxpayers. (Bloomberg News)

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Asian Market Check

Asian stocks heads for its two week drop. (Bloomberg News)

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Cracking Down On Derivatives

Timothy Geithner heads to Capitol Hill to spell out to White House's plans for regulating the almost $600 trillion O.T.C. derivatives business. (Bloomberg News)

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Chrome Takes On Windows

Google release its Chrome operating system to lure users away from Microsoft Windows. (Bloomberg News)

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Strike Threat At British Airways

Risk of a strike is grows at British Airways. They press unions to accept nearly 4,000 job cuts. (Bloomberg News)

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Goldman Sachs Rebound Expected

The firm ratchets up trade gains and reaping more fees than any of its rival. (Bloomberg News)

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Infosys Earnings Beat Expectations

Infosys profits rise bigger than expected 18% last quarter. (Bloomberg News)

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China's Exports Drop Again

Exports fall for an eighth straight month dropping 21% in June. (Bloomberg News)

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'A' For Effort - El-Erian

PIMCO C.E.O. says the U.S. will reach double digit unemployment earlier. El-Erian also says he will give Treasury Secretary Geithner and Fed Chief Ben Bernanke an 'A' for their efforts to revive the credit markets. (Bloomberg News)

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Another Record For Phelps

Michael Phelps breaks the record of Ian Crocker, he swim the butterfly in 50.22 seconds. (Bloomberg News)

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A Look Back - Record Oil

Soaring energy costs already hit businesses and consumers before the price of oil reach the record last year. (Bloomberg News)

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How To Pay For It

Law makers apply taxes to dividends and capital gains. Medicare tax applies to wages. (Bloomberg News)

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Euro Weakens Vs. Yen

The European currency on pace for its worst week against the Yen in two months. (Bloomberg News)

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G-8 Wraps Up

President Obama and the rest of the G-8 leaders and several African leaders meet now for the topic Africa and African aid. (Bloomberg News)

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GM To Emerge From Bankruptcy

General Motors expects to emerge from bankruptcy today according to an official at treasury. (Bloomberg News)

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European Market Check

Markets are down across Europe. Concerns about financial health of European countries drive equities and currencies lower. (Bloomberg News)

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Business- Beyond the Fence

South Carolina's juvenile detention system once had some of the worst conditions in the nation. And now, because of the stagnant economy, the system's successful reforms are in danger of eroding.

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Sports- Contador Out Climbs Armstrong, for Now

The Times's Lynn Zinser discusses the intriguing dynamic developing between Lance Armstrong and his Astana teammate Alberto Contador.

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The Minimalist- More-Vegetable-Than-Egg Frittata

Mark Bittman skimps on egg but increases the asparagus to make a different kind of frittata.

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Thousands flee China's restive Urumqi after ethnic violence

Thousands of people flooded the main bus and train stations in Urumqi on Friday, with many fleeing because of deadly ethnic violence that has rocked this western Chinese city in recent days. The Chinese government said 156 people were killed and more than 1,000 others were injured in violence that erupted after a Uighur protest on Sunday.

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G8 unfurls 20 billion dollar boost for food production

Barack Obama and fellow rich nation leaders unveiled a 20 billion dollar fund to help feed the developing world on Friday as they were urged to help the poor survive the downturn on the last day of the G8 summit in Italy.

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French FM slips up on pronunciation of Chinese Uighurs

It can often be difficult to know how to pronounce far away places and people. French Foreign Minister Bernard Kouchner slipped up on Friday when talking about the conflict in western China between the Han Chinese and the Muslim Uighurs. Pronounced wee-ghurs, Kouchner continually referred to them as yoghurts. Raw footage of the interview on France Info radio station.

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Mosques closed in China's Urumqi with ethnic tensions high

The normally bustling mosques of China's Urumqi city were ordered shut on the main Muslim day of prayer Friday with police out in force to prevent new outbreaks of deadly ethnic unrest between Han Chinese and Uighur Muslims. Images and soundbites.

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Giving birth to someone else's babies

Hiring a surrogate mother to carry a child is illegal in many countries. But renting a womb is an accepted practice in many parts of the United States, even if it doesn't pay much.

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G8 unfurls 20 billion dollar fund for food aid

On the last day of the G8 summit in Italy, world leaders unveiled a 20 billion dollar fund to help feed the developing world as they were urged to help the poor survive the downturn.

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Amnesty says Uighur identity is under threat in Xinjiang

Human rights group Amnesty International says the cultural identity of the Uighur people in Xinjiang is under threat, with children barred from mosques and education mainly in Mandarin Chinese. Interview.

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New Real Madrid striker Benzema is inspired by Ronaldo

New Real Madrid striker Karim Benzema said Brazilian World Cup winner Ronaldo will be his inspiration as he looks to fire the goals to help the Spanish giants dethrone Barcelona in La Liga. The club officially unveiled the French striker on Thursday at its Santiago Bernabeu stadium.

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Exploring Harry Potter's birthplace

JK Rowling, the author of the Harry Potter books and one of Britain's richest women, wrote the early novels in an Edinburgh cafe to save on heating costs. Today the cafe and its surroundings attract many Harry Potter fans, especially ahead of Wednesday's worldwide release of the latest Harry Potter movie. The more adventurous fans even make it up to the Scottish highlands where the real-life version of the Hogwarts express train runs once a day.

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Orphans flee Myanmar for uncertain refuge in Thailand

Victims of a forgotten conflict: orphans are fending for themselves in a makeshift Thai camp after joining some 4,000 refugees running from a fresh offensive by Myanmar's military against ethnic Karen rebels.

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