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Tuesday, July 14, 2009

Christina Courtin Performs for DailyCandy

We're in love with Christina Courtin, a Juilliard-trained musician who just released her trance-inducing debut album. If she looks familiar, it's 'cause she's played violin with the likes of Yo-Yo Ma, Kanye, and Beyonce -- before transitioning to singer/songwriter. The song she’s performing in the video is called “Foreign Country." To buy her album, go to amazon.com. 7828 Daily Candy

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Evening News Online, 07.14.09

Tuesday: A Southwest Airlines jet looses cabin pressure mid-air; Also, Congress unveils a massive new healthcare initiative; And, a CBS News Exclusive: U.S. forces target the Taliban.

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Singapore's Retail Crunch

The locals are spending less, there is money to spend and most of the consumer looks for deals and there are $35 billion of retail receipts. (Asia Confidential)

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Hong Kong Market Has Retreated Over 6% This Year

Analysis and discussion with Marco Mak of Tai Fook Securities Head of research. He tackles about the Hong Kong stock resources focusing on energy and refineries. (The Bloomberg Edge)

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China's Major Companies Finds A Profit Climb

China national says that the new systems interviews by the government represent the refiners help to improve its operating environment. (The Bloomberg Edge)

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Cost of Extended Healthcare

U.S. healthcare costs are about $2.5 trillion a year or 16 percent of the national economy. If the Democrats' plan to extend coverage passes, who will get the doctor's bill? Chip Reid reports.

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How the West was Won

The Obama administration is asking people to be patient for the stimulus to work. But one town says it can't wait and is taking the bull by the horns. Mark Strassmann reports.

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Rebound From a Meltdown

Goldman Sachs has reported a second-quarter profit of more than $3 billion; the job market still awaits a rebound while gas prices rise. Katie Couric reports in the CBS MoneyWatch.com Update.

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Exclusive- U.S. Special Forces

Lara Logan has an exclusive report on one of America's most potent weapons in the fight against the Taliban: the elite Special Forces.

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Scare on Southwest Airlines

A Southwest Airlines plane in mid-flight was forced to make an emergency landing in West Virginia after a hole burst through the roof. Nancy Cordes reports.

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In-Depth-Look- Currency Market

Interview and discussion with Callum Henderson of Standard Chartered Global of FX Research. He talks about the global currency strategy. (The Bloomberg Edge)

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Florida Murder Arrests

A sheriff in Escambia County, Fla. promised justice in the case of a murdered couple. As Terrell Brown reports, three more arrests were made, now with seven people in custody.

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Sotomayor Defends Herself

During the Supreme Court hearings, Sonia Sotomayor answered the "wise Latina" remark that has plagued here for a while. As Wyatt Andrews reports, Sotomayor may have finally cleared the air.

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Intel Wins Nokia As Customer With Atom Mobile Chip

Intel sales forecast tops an estimate that gives a signal on recovery in PC market. (The Trade)

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Microsoft Hopes It Can Bring More Online Advertising

Microsoft says that users are warning to bing as it hits to the site rise 8% last month. (The Trade)

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China's Foreign Exchange Reserve Rises To Record

Chinese foreign exchange rate is up by $2.1 trillion that means the second quarter of China reserves rose by $178 billion. (The Trade)

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Goldman Sachs Shares May Be Exhausted

Meredith Whitney gives Goldman Sachs her only buy recommendation. (The Trade)

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Harry Potter Movie Opens In U.S

The latest Harry Potter movie opens at midnight and in more than 2,500 all night screenings are sold out. (The Trade)

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Asian Currencies Rises

Thai central bank may hold its interest rate as the government stimulus kicks in. (The Trade)

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Iron Is On Spotlight In Australian Market

Rio Tinto says that sales on iron ore spot market to Chinese mills continue on the stock market. (The Trade)

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Inside Look On Japanese Stocks

Japan's biggest chip maker is up by 2.4% and Tokyo electron is the second largest chip manufacturer that is 1.4% higher. (The Trade)

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Sotomayor Clarifies Views on First Day of Questioning

On Tuesday, Sonia Sotomayor told the Senate Judiciary Committee that controversial comments she has made in speeches over the years have been taken out of context. Produced by Chloe Sommers and Andrew Satter.

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Notebook- Cures of Cursing

Katie Couric reports on a new study done by researchers in Keele University in England which demonstrates that swearing helps people endure physical pain and violence.

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Jackson Kids Custody Deal?

Debbie Rowe may get money in lieu of custody of her children with Michael Jackson, reports Michelle Gielan.

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Protester Interrupts Hearing

Sotomayor hearings, day 2: A protester loudly interrupted a discussion on imminent domain between Iowa Sen. Charles Grassley and Sonia Sotomayer. "People always say I have the ability to turn people on," Grassley joked.

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Inside Look - The Facebook Controversy

Interview with Ben Mezrich, Author of "The Accidental Billionaires" (Taking Stock)

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Sotomayor on "Wise Latina"

In response to Judiciary Committee chairman, Sen. Patrick Leahy's (D-Vt.) question about her "wise-Latina" comments, Sonia Sotomayor said that her words were taken out of context.

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Sector Focus - Transportation

Analysis and Discussion with Jason Seidl of Dahlman Rose & Co. (Taking Stock)

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Spotlight - British Airways

Critical Changes - Interview with British Airways Americas Executive VP Simon Talling-Smith (Bloomberg News)

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Got Empathy?

craigcrawford from Washington DC: In this Trail Mix Web Cam video Craig tout's Supreme Court nominee Sonia Sotomayor's empathy for the broken-ankled.

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In-Depth Look - What's in Store for CIT Group?

Analysis and Discussion with Sameer Gokhale of Keefe Bruyette & Woods (Bloomberg News)

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Special Report - Superyachts Choppy Waters

An In-Depth Look at the $21 Million-Priced Ocean Emerald (Bloomberg News)

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Sector to Watch - Semiconductors

Semiconductor Stocks Soaring on Low Inventories, Streamlined Operations, and Strong 2Q Earnings (Bloomberg News)

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Washington Unplugged, 07.14.09

Judge Sonia Sotomayor has faced tough questions on the second day of her Supreme Court nomination hearings. Nancy Cordes interviews Sen. Chuck Grassley, R-Iowa, on the day's highlights.

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Inside Harry Potter Romance

Harry Potter's Daniel Radcliffe and Emma Watson share their experience growing up together on the big screen since the age of nine. Alexis Christoforous reports.

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Earnings Watch - Intel Corp.

Intel Reports 2Q EPS: Act. $01.8 vs. Est. $0.08; Reaction with Paul Meeks of Windsor Asset Management (Bloomberg News)

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Market Close 7.14

All Three Major Indexes Each Rise Less Than 1%; Goldman Sachs Reports Record 2Q Profit; CIT Group Talking with Regulators, May Get Debt Sale Backing; Advance Retail Sales Ex-Autos Rise Only 0.3% in June; Dell Shares Fall Most Since December, Now Reviewing Sources of Capital (Bloomberg News)

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Sen. Hatch and Sotomayor Agree - Nunchucks Are Dangerous

Sotomayor hearings, Day 2: Sonia Sotomayor and Republican Orrin G. Hatch just - ahem - sparred on the issue of nunchakus. Well, more accurately on guns and the scope of the 2nd Amendment, but the martial arts weapon was a part of the discussion.

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In-Depth Look - Car Czar Calls It Quits

Ron Bloom Takes Top Job on Auto Task Force as Steve Rattner Steps Down (Bloomberg News)

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Sen. Feinstein Praises Sotomayor

Democrat Dianne Feinstein applauded Sonia Sotomayor for not losing her cool amid questioning from Republicans about cases in which she has ruled as a judge on the U.S. Court of Appeals for the 2nd Circuit.

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Travel Gadgets and Gear

Behind The Buy's David Gregg shares the latest in travel products with Harry Smith to help make the experience at the airport less overwhelming.

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Sector to Watch - Health Insurance

Health Net and Human Shares Fall Hard After Losing $55 Billion Contract with Military; Analysts See 5% Lift to Aetna and United Health Sales (Bloomberg News)

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Market Outlook - A "Cloud Hanging Over System" on Earnings

Impact of Goldman's 2Q Earnings - Analysis and Discussion with Pete Sorrentino of Huntington Asset Advisors (Bloomberg News)

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'G-Force' Set to Open in 3-D

Producer Jerry Bruckheimer talks to Harry Smith about making his latest film, "G-Force," which will be released in 2-D and 3-D by Disney.

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Inside Look - "We Do Not Need Second Stimulus Plan"

Interview with Bruce Bartlett, Former Assistant Treasury Secretary and Current Townhall.com Columnist (Bloomberg News)

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Grassley Has Ability To "Turn People On"

Sotomayor hearings, day 2: A protester loudly interrupted a discussion on imminent domain between Iowa Sen. Charles Grassley and Sonia Sotomayer. "People always say I have the ability to turn people on," Grassley joked.

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Today in Washington - Obama on Jobs

President Obama Prods Top Democrats to Pass Healthcare Overhaul, Reiterates October Deadline (Bloomberg News)

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Commodities Report 7.14

UNG ETF Rises 5%; Cocoa Rises on Black Pod Fears (Bloomberg News)

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Sessions, Leahy Spar

Sotomayor hearings, Day 2: Sen. Jeff Sessions (R-AL) and Sen. Patrick Leahy (D-VT) spar over questioning to Supreme Court nominee Sonia Sotomayor.

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Amanda Knox's Sisters in Italy

Ashley and Deanna Knox, sisters of Amanda Knox, visit her for the second birthday she's spent in an Italian jail over the murder of her former roommate. Julie Chen talks to Knox's sisters.

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Inside Look - Retail Sales Rise

Analysis and Discussion with Marshal Cohen of NPD Group (Bloomberg News)

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Sector Focus - Technology

Analysis and Discussion with Aaron Kessler of Kaufman Brothers (Bloomberg News)

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Emma Watson's 'Potter' Romance

Actress Emma Watson of the upcoming "Harry Potter and The Half-Blood Prince" spoke with Harry Smith about surprises in the new film and going to college stateside.

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Sen. Hatch and Sotomayor Agree - Nunchucks Are Dangerous

Sotomayor hearings, Day 2: Sonia Sotomayor and Republican Orrin G. Hatch just - ahem - sparred on the issue of nunchakus. Well, more accurately on guns and the scope of the 2nd Amendment, but the martial arts weapon was a part of the discussion.

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Inside Look - The Bankruptcy Process

CIT Group Calling Out for Help - Analysis and Discussion withwith Harvey Miller of Weil Gotshal & Manges: Auto Task Force to Dissolve Before September (Bloomberg News)

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Afghan War Frontlines

CBS News camera captured a violent hour-long standoff between U.S. Marines and insurgent forces. Mandy Clark reports.

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Obama Ratings Drop

Bob Schieffer explains to Harry Smith about the economic reality behind President Obama's lower approval rating and handling of the economy.

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Sen. Feinstein Praises Sotomayor

Democrat Dianne Feinstein applauded Sonia Sotomayor for not losing her cool amid questioning from Republicans about cases in which she has ruled as a judge on the U.S. Court of Appeals for the 2nd Circuit.

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Made of "Gold"-man

Live! Coverage from HQ in New York, NY: Goldman Sachs Boosts Employee Pay (Bloomberg News)

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Economic Expectations - Unemployment Will Fall 8.8% in 3Q

Tracking This Economic Recession - Interview with NFIB Chief Economist William Dunkelberg, Featuring Analysis from Stephen Stanley of RBS Securities (Bloomberg News)

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Alberto Gonzalez on Sotomayor

Harry Smith spoke with former Attorney General Alberto Gonzalez about Judge Sonia Sotomayor's ability to be an impartial Supreme Court Justice.

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Containing Healthcare Costs

Stock to Watch - HMS Holdings Primary Business is Healthcare Cost Containment, Has Won Nine Straight Competitive Bids with the Latest Contract Awarded in Mississippi (Bloomberg News)

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Sector Focus - Retail

The Future of Retail - Analysis and Discussion with Gilbert Harrison of Financo (Bloomberg News)

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Currency Outlook - Yuan's Role in Global Trade to Surge

Chinese Currency to Play Bigger Role in World Economy?; Further Analysis and Discussion with Adam Boyton of Deutsche Bank (Bloomberg News)

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Sector Focus - Auto-Parts Suppliers

Analysis and Discussion with Michael Robinet of CSM Worldwide (Bloomberg News)

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Update - Geithner in Saudi Arabia

Live! Exclusive Coverage from Yanbu, Saudi Arabia: Treasury Secretary Timothy Geithner Meets with Saudi Finance Ministers on Middle East Trip (Bloomberg News)

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Sessions, Leahy Spar

Sotomayor hearings, Day 2: Sen. Jeff Sessions (R-AL) and Sen. Patrick Leahy (D-VT) spar over questioning to Supreme Court nominee Sonia Sotomayor.

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New Suspect In Fla. Murder

A fourth suspect was arrested in connection with the murder of a Fla. couple who adopted a dozen special needs kids. Terrell Brown reports. Julie Chen spoke with Sheriff David Morgan about the case.

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Chevron's "Lone Bull"

An analyst at Morgan Stanley says to ignore the cold shoulder by Chevron. (Bloomberg News)

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Sotomayor Explains "Wise Latina" Comment

Sotomayor hearings, day 2: In response to a question by Judiciary Committee chair Sen. Patrick Leahy, Supreme Court Nominee Sonia Sotomayor explains her "wise Latina" comment.

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In-Depth Look - Banking On Prime Brokerage For Profits

Interview and discussion with Sam Hocking of the B.N.P. Paribas. He says we're starting to see increase from investors on hedge funds. (Bloomberg News)

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Slowing Growth At Google

Google's revenue growth slows. (Bloomberg News)

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Cashing In On Facebook Stocks

A Russian committee buys as much as $100 million of shares from Facebook workers under a plan to take a stake in the company. (Bloomberg News)

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Watch Gross Margins - Intel Earnings

Analysts says Intel gross margin to top forecasts. (Bloomberg News)

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Market Open 7.14

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

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In-Depth Look - Advance Retail Sales

Interview and discussion with David Abella of the Rochdale Investment Management. He says investing in retail is a bit 'contrarian.' (Bloomberg News)

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Madoff Sent To Atlanta Prison

Bernie Madoff transfers to a medium-security prison in Atlanta to serve his 150 year prison sentence. (Bloomberg News)

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In-Depth Look - Goldman Number Better Than Expected

Interview and discussion with the C.E.O. of the Loop Capital Markets, James Reynolds. He talks about the Goldman Sachs' number that beats estimates. (Bloomberg News)

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In-Depth Look - Goldman Sachs To Kick Off Financial Earnings

Interview and discussion with Eliot Spitzer of the Spitzer Enterprise. He talks about Goldman Sachs financial earnings. (Bloomberg News)

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Superyachts Choppy Waters

Superyachts sales slumps this recession but one Italian ship maker develops a new formula, hoping to beat the slowdown. (Bloomberg News)

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JNJ Earning Season

Johnson and Johnson kick off earnings season. Profits forecast down 5% from a year ago, revenue forecast down 8%. (Bloomberg News)

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In-Depth Look - Geithner Visits Sovereign Fund Mgrs.

Interview and discussion with Jan Randolph of the I.H.S. Global Insight. He talks about Treasury Secretary Tim Geithner's trip to sell America to the foreign investors. (Bloomberg News)

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Obama Focuses On Higher Education

President Obama goes on the road to Michigan to announce a new education initiative. (Bloomberg News)

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Healthcare Dealmaker

Sen. Max Baucus seeks healthcare compromise. (Bloomberg News)

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Consumer Protection Agency Under Fire

Obama administration's consumer protection agency is under fire with lots of questions. (Bloomberg News)

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Fielder Wins Home Run Derby

Milwaukee Brewers, Fielder hits a total of 23 home runs last night. (Bloomberg News)

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Dreier Defrauded More Than $400 Million

Mark Dreier is sentence to 20 years in prison to pay the $388 million in restitution. (Bloomberg News)

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British Airways Shareholder Meeting

British airways holds its shareholders meeting today. (Bloomberg News)

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Airline Losses Could Top $1B in 2nd Quarter

Combined Airlines losses are more than $1 billion in the second quarter. (Bloomberg News)

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Photog Wants To Join Obama Poster Case

The photographer who takes a picture of Barack Obama at the center of a lawsuit wants to join the court case. (Bloomberg News)

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Asian Market Check

Asian stocks rallies on signs the region's economy is improving. (Bloomberg News)

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US Retail Sales Likely Rise In June

U.S. retail sales rise in June for a second straight month. (Bloomberg News)

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Dell Sees Price Squeeze

Dell shares declines; they pay more for parts and not passing the costs to the costumers. (Bloomberg News)

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New EU Rules On Banker's Pay

European commission crack downs on pay and bonuses of the E.U. banking system. (Bloomberg News)

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Blockbuster Team With Samsung To Stream Movies

Blockbuster teams up with Samsung Electronics. (Bloomberg News)

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Kirin-Suntory Merger Talks Underway

Kirin is in talks with Suntory for a merger proposal. (Bloomberg News)

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BlackRock Deal Worth $71M In First Year

BlackRock gets at least $71 million in the first year of contracts to oversee distressed assets formerly owned by A.I.G. and Bear Stearns. (Bloomberg News)

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Tim Geithner In Saudi Arabia

Geithner says that the global recovery will take time and he warns his audience that gradually recovery may be expected. (Bloomberg News)

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In-Depth Look - CIT Rescue Plan

Analysis and discussion with the C.E.O. of the Ely & Co., Bert Ely. He talks about the C.I.T. Groups discussion with the government for its rescue plan. (Bloomberg News)

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Knapp Sees S&P 500 Climbing To 930

Knapp raises his forecast for the S&P 500. (Bloomberg News)

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Biggs Says US Recovery "In Place"

Biggs says an economic recovery is in place and may push stocks higher. (Bloomberg News)

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European Market Check

European markets trade are higher. (Bloomberg News)

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Rattner Quits Auto Task Force

Rattner steps down as head of the U.S. auto task force. Ron Bloom will take over. (Bloomberg News)

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Credit-Default Swaps Probe

The justice department launches an investigation in the market for credit-default swaps. (Bloomberg News)

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CIT Debt Rating Cut

C.I.T. group says it is still in talks with government regulators the bond that will mature next month. (Bloomberg News)

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Less Leverage For Goldman Sachs

Goldman Sachs poise to post some of the best earnings since 2007. A big part of the earnings is the amount of leverage Goldman have. (Bloomberg News)

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Goldman 2Q

Investors have high hopes for Goldman Sachs. Goldman have the highest prospects of the 15 biggest banks. (Bloomberg News)

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City Room- Second Chance

Ibraheem Shahadat, 17, a graduate of the New York Institute for Special Education, lost his vision at the age of 13, but his impairment has helped him to become who he is now.

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Dining And Wine- The Making of a Gyro Cone

Chris Tomaras, founding owner of Kronos Foods in Chicago, offers a look inside the Kronos plant, where the ubiquitous gyro cone is manufactured.

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Asia Pacific- Combating I.E.D.'s in Afghanistan

For the first time since the conflict began in 2001, I.E.D.'s have become the leading killer of coalition troops in Afghanistan. As a result, there are now more than 15 special counter-I.E.D. teams.

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Inquiry into Iraq death sees British soldiers 'abuse video'

A public inquiry into the death of an Iraqi man in British custody was shown a video of a British soldier screaming at hooded prisoners on Monday. The first day of the wide-ranging inquiry in central London heard that Baha Mousa, a 26-year-old hotel receptionist who died in Basra, southern Iraq, died after a "struggle" with two soldiers. Images of the video allegedly showing abuse by a British soldier.

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Ex-Polish premier Buzek voted EU parliament president

Former Polish premier Jerzy Buzek has been elected president of the European parliament, becoming the first deputy from the ex-communist east to preside over the assembly. Buzek, from the conservative European People's Party (EPP) won the endorsement of the parliament during the first plenary session of the new assembly's five-year term, following elections across the 27 EU nations from June 4-7. Images and soundbites.

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Little Girl, Big Heart

A young girl inspired by orphans, sold greeting cards to raise money and build orphanages, Julie Chen reports. Harry Smith spoke with the girl and her family.

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Camps Struggle with H1N1

CBS News camera captured a violent hour-long standoff between U.S. Marines and insurgent forces. Mandy Clark reports.

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Money-making Potter juggernaut still works magic

The latest installment of the Harry Potter franchise hits the cinemas on Wednesday and is expected to be a box office hit. But spin-off merchandising is already well under way -- from fancy dress costumes and computer games to a museum where you can make your own magic potions.

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A workout for the unemployed

Getting the unemployed back into work -- that�s the aim of a series of unusual sessions that combine professional and sports coaching.

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Spectacular fireworks as France celebrates Bastille Day

A spectacular fireworks lit up the Eiffel Tower in Paris as France celebrated Bastille Day and the 120th anniversary of the Eiffel Tower, the world's most visited tourist attraction. Images.

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France and India mark strategic relationship on Bastille day

France celebrated its 220th anniversary of the storming of the Bastille prison in Paris with a military parade and then a garden party at the presidential palace. Among the honoured guests Indian Prime Minister Manmohan Singh and 400 Indian troops.

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Crowd soaks up atmosphere of Bastille day parade

France marked the 220th anniversary of the storming of the Bastille prison in Paris with its customary military parade down the Champs Elysees. Spectators soaked up the atmosphere.

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France to invest in defence, pursue Afghan mission- Sarkozy

France remains committed to maintaining its defence budget and pursuing its mission in Afghanistan despite the pressure caused by the economic slowdown, President Nicolas Sarkozy said after the annual Bastille Day military parade down the Champs Elysees avenue in Paris. Images and soundbites.

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Lebanese paraplegic builds mammoth matchstick models

A stint in prison left Toufic with a burning passion -- building mammoth models of the Titanic, the Eiffel Tower and other well-known monuments out of matchsticks.

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Clampdown polarises Han Chinese and Uighur communities

A Uighur specialist working for Human Rights Watch says China's clampdown on the Uighur community since 9/11 had deeply polarised the two communities.

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