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Thursday, July 16, 2009

The Wildcard- Canine Airline

In this special animal-edition of "The Wildcard," a new airlines caters exclusively towards pets; Also, a man-biting fish in Switzerland ends up as lunch.

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Economic Recovery In Indonesia

The composite index is down about three tenths of 1% and at the openings this fells to 2.5% and the biggest losers are in the industrial and financial stocks. (Asia Confidential)

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China's Economy Grew Faster Than Expected

China rebound props up the world economy as the U.S struggles to return to its growth. (Asia Confidential)

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Camp On Financial Independence

Instead of picnics and hiking this summer, how about learning how to open a savings account? Kelly Wallace reports on a unique camp that teaches kids about money.

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Foreclosures At New High

The current wave of foreclosures is hitting people who are no longer able to pay their mortgage because they have lost their job. As Ben Tracy reports, loan modification programs are not keeping up.

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U.S. Troops Threaten Taliban

U.S. troops are handing out leaflets in Afghanistan that directly threaten the Taliban militants who kidnapped an American soldier. The message calls for his release or else. Mandy Clark reports.

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CIT On Brink Of Bankruptcy

CIT is the nation's largest lender to small businesses and companies such as Dunkin' Donuts and Dairy Queen. CIT received $2.3 billion in bailout funds but may file bankruptcy. Nancy Cordes reports.

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Grisly Puzzle At Ill. Cemetery

After four cemetery workers were accused of re-selling burial plots in Chicago, the FBI has been overwhelmed with 55,000 requests for information. Cynthia Bowers reports.

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Crocs- The End of an Era

Once a massively popular trend with sales of over $100 million, Katie Couric reports that the Croc shoe manufacturers now face severe financial pitfalls as a result of slumping consumer interest.

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40th Anniversary Of Apollo 11

Forty years ago the astronauts of the Apollo 11 mission lifted off for the moon. Katie Couric reports on the newly enhanced video of their historic journey.

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In-Depth-Look- Equity Asia Fund

Analysis and discussion with the Founder of Asia Pacific Asset Management James Chimside. He talks about the status of Asian stocks and equity funds. (The Bloomberg Edge)

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Blast Hit Jakarta Ritz Carlton, Marriott Hotel

Foreigners were killed in explosion in Jakarta. (The Bloomberg Edge)

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Packer And Strokes Fight For Foxtel

Packer's higher consolidated stake may thwart strokes. (The Trade)

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Foreign Investment Climate In China

China uses their own proposal to solve their economic problems which emphasize the infrastructure construction as well as encouraging domestic consumption. (The Trade)

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Sen. Conrad Talks Healthcare

Finance Committee member Sen. Kent Conrad spoke with John Dickerson on continuing efforts on reforming the nation's health care system.

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Re-pricing On Chinese Yuan

Interview and analysis with Richard Yetsenga of HSBC Asian Currency Strategist. He talks about the stability of Yuan and its fundamental appreciation. (The Trade)

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Prime Minister Aso Faces Pressure To Step Down

Japan lawmakers may fall to remove Taro Aso as Prime Minister and party leaders canceled an emergency meeting to discuss electing a new leader today. (The Trade)

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Battle Between The Iphone And Blackberry

Iphone and Blackberry may take a toll on Nokia, they were forced to cut profit and market year forecast. (The Trade)

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CIT Is On 70% Bankruptcy

The CIT failed in its bid to get more of federal bailout funds, they need $6 billion to meet their obligations to stay afloat. (The Trade)

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Caution Ahead Of General Electric Earnings

There was deteriorating results at GE capital and sober tone on industrial segments. (The Trade)

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Risk Appetite To Lift Asian Currencies

Economist Roubini says that worst of crisis is over but there is no growth until 2010. (The Trade)

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Inside Look On Japanese Stocks

Nikkei says that Nissan has to develop its own hybrid on vehicle technology. (The Trade)

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Obama- Fairness In Health Care

Dr. Jon LaPook talks with President Obama about the cost of healthcare and who will pick up the bill. Obama explains why he believes Americans should be required to have health insurance.

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Notebook- Crocs

Katie Couric discusses the decline of the trendy shoes "Crocs." The shoe company has until September to pay back the millions of dollars it borrowed to produce more.

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Ricci Says Minorities Were Hurt By Sotomayor's Ruling

Sotomayor hearings, day 4: Frank Ricci, the lead plaintiff in a reverse discrimination lawsuit brought by a group of New Haven firefighters, testified Thursday at Sonia Sotomayor's confirmation hearing.

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Sector Focus - Energy

Should You Buy Natural Gas Stocks? - Analysis and Discussion with Nick Pope of Dahlman Rose & Co. (Taking Stock)

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Washington Unplugged, 07.16.09

Bob Orr spoke with Apollo 11's Edwin "Buzz" Aldrin about the historic mission to the moon. Also, CBS News' Bill Harwood with the latest on Shuttle Endeavour.

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Inside Look - China Growth & Opportunity

Interview with Jing Ulrich, Chairwoman of China Equities at JPMorgan Chase & Co. (Taking Stock)

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Survey Says - How People Get Their Financial News

According to Pew Research Poll, 84% of People Get Financial News from Television compares to 64% from Periodicals and 48% from Internet (Bloomberg News)

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Inside Look - Is CIT Bankruptcy Inevitable?

Analysis and Discussion with Egan-Jones Ratings President Sean Egan (Bloomberg News)

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Earnings Watch - Google

Google Reports 2Q EPS - Act. 5.36 vs. Est $5.08; An In-Depth Look, Featuring Reaction with David Garrity of GVA Research (Bloomberg News)

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In-Depth Look - CIT on Life Support?

CIT Group Capital Was All Talk; Regulator's Capital Standards in Question (Bloomberg News)

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Market Close 7.16

S&P Rises Less than 1%; Dow and Nasdaq Each Rise About 1.1%; CIT Shares Fall 74% (Bloomberg News)

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In-Depth Look - The Roaring Dragon Returns

According to Dan Greenhaus of Miller Tabak, China Mobile a Pure Play on Chinese Consumer; Also Likes PetroChina on Rising Oil Demand and Yanzhou Coal on Industrial Demand (Bloomberg News)

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Ricci Says Minorities Were Hurt By Sotomayor's Ruling

Sotomayor hearings, day 4: Frank Ricci, the lead plaintiff in a reverse discrimination lawsuit brought by a group of New Haven firefighters, testified Thursday at Sonia Sotomayor's confirmation hearing.

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Inside Look - Paulson Testifies on Capitol Hill

Interview with Rep. Edolphus Towns (D) of New York, Chairman of House Oversight Committee (Bloomberg News)

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Paulson Pressured BOA CEO

Before the House Oversight and Government Committee, Former Treasury Secretary Henry Paulson admitted pressuring Bank of America to go through with plans to buy Merrill Lynch.

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Skinny Jeans Health Hazard?

Dr. Jennifer Ashton warned of the health concerns over skinny jeans that are too tight on the legs and groin.

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Spotlight - Cash4Gold

Interview with CEO Jeff Aronson (Bloomberg News)

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Baxter International 2Q Profit Beats Estimates

Baxter 2Q EPS Beats Estimates by Two Cents, Raises Full Year Forecast (Bloomberg News)

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Sector to Watch - Financials

Credit Card Companies Fall - Bank of American Chargeoffs Rise to 13.86% in June; Capital One Upgraded at Jefferies, American Express Upgraded to Neutral at JPMorgan (Bloomberg News)

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Jon Gosselin's Riviera Romp

Reality TV dad Jon Gosslin of "Jon & Kate + 8" left the wife behind with the kids to make a splash with a young mistress in St. Tropez, France.

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Grilling Great Ribs

Cooks Magazine's Chris Kimball showed Maggie Rodriguez and Harry Smith how to grill great ribs with any kind of beef.

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In-Depth Look - Bearish Bets on S&P 500

Retail Sales Rose 0.6% in June - Goldman Sachs and Retail Beat Options Beats as S&P 500 Rallies (Bloomberg News)

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Today in Washington - Healthcare Reform Prognosis

Top Democrats Say Health Insurance Industry Should Fund Bill (Bloomberg News)

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Entourage's Kevin Connolly

Actor Kevin Connolly from the hit cable TV show "Entourage" spoke with Harry Smith about the new season and his character's evolution.

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Primetime Emmy Nominations

This year, popular votes decided the six nominees in all categories for the 61st Annual Primetime Emmy Award nominations announced by actors Chandra Wilson and Jim Parsons.

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In-Depth Look - Paulson Defends Bank of America Decision

Paulson Testimony Before House Oversight Committee - Reaction with Antoine Schutz of Mendon Capital Advisors (Bloomberg News)

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Tips for Granny as Nanny

As many grandparents are becoming daycare for their grandchildren, experts think it's a good idea, reports Maggie Rodriguez. Georgia Witkin from Grandparents.com explains more.

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Remembering J.F.K. Jr.

It is the 10th anniversary of the plane crash that killed John F. Kennedy Jr., his wife Carolyn Bessette and her sister. Harry Smith reports.

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Daring Roadside Rescue on Tape

Caught On Tape: Emergency workers worked fast to save a disabled woman trapped in a burning vehicle as her daughters watched. Susan Roberts reports.

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New Video Of Jackson Accident

US Weekly video shows a detailed look at the 1984 pyrotechnics accident that burned Michael Jackson's scalp, Hattie Kauffman reports. Author Ian Halperin spoke on Jackson's resulting drug addiction.

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New Fla. Murder Details

An eighth suspect was arrested in connection with a Fla. double murder of a couple with adoptive children, Terrell Brown reports. Sheriff David Morgan spoke about the status of the investigation.

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EXCLUSIVE - Geithner Interview

Exclusive Interview with Treasury Secretary Timothy Geithner [FULL INTERVIEW - 10:42] (Bloomberg News)

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Paying for Healthcare Reform

In a recent interview, President Obama explained who will be footing the bill for healthcare reform, Bill Plante reports. Moneywatch.com's Jill Schlesinger broke down Obama's healthcare wish list.

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In-Depth Look - Weighing On The Economy

Interview and discussion with the President of Decision Economics, Allen Sinai. He says we should see signs of economic recovery by early fall. (Bloomberg News)

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In-Depth Look - Paulson On The Hot Seat

Interview and discussion with Jonathan Macey of the Yale University Law School. He shares his thoughts regarding Senator Paulson testimony about the Bank of America and Merrill Lynch deal. (Bloomberg News)

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Congress Grills Paulson On BofA/Merrill

Paulson says letting Bank of America and Merrill deal collapse was "unthinkable". (Bloomberg News)

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Market Open 7.16

Cris Valerio is live in the New York Stock Exchange. Stocks are set to kick of mixed. (Bloomberg News)

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95% Of Google's Profit Comes

Google's market-share reaches saturation point. (Bloomberg News)

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VW's Offer Too Low - Porsche Labor Leader

Porsche says Volkswagen needs to pay twice as much as it offered for portions of automotive unit. (Bloomberg News)

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GM Gets German Ultimatum - WSJ

G.M. gets ultimatum from German government. (Bloomberg News)

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Boeing Set To Announce Contract - LA Times

Boeing announce its contract to build a satellite. (Bloomberg News)

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In-Depth Look - CIT Bailout Talks Crumble

Interview and discussion with Adam Steer of the CreditSights. He talks about C.I.T.'s bailout talks with the government. (Bloomberg News)

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Watson Leads British Open

Tom Watson takes the lead at 5 under. (Bloomberg News)

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In-Depth Look - JPMorgan Earnings

Interview and discussion with the author of the "House of Cards", William Cohan. He talks about the big banks earnings and the oil prices prediction. (Bloomberg News)

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Rio Tinto Workers Leave China

Rio Tinto workers leave China. They were detained for allegedly stealing state secrets. (Bloomberg News)

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In-Depth Look - US Foreclosure Hit Record High

Interview and discussion with Rick Sharga of the Realty Trac. He talks about the 1.5 million record high foreclosure numbers. (Bloomberg News)

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Madoff Accountant May Plead Guilty

Madoff accountant may lead guilty to its role in the $645 billion fraud case. (Bloomberg News)

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Verleger Says Oil Can Plunge

Verleger says oil prices may drop $20 per barrel this year. (Bloomberg News)

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Brooklyn Home Prices Decline

Brooklyn home prices fall 16% from a year ago. (Bloomberg News)

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BofA Says Obama's Mortgage Program Create "Confusion"

Bank of America says the White House creates confusion and delay among mortgage lenders. (Bloomberg News)

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California Struggles To Agree On Budget

California Governor Arnold Schwarzenegger and California lawmakers could not agree on a solution to narrow the state's $26 billion deficit. (Bloomberg News)

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Spielberg Lines Up Financing

Steven Spielberg's studio lines up financing. (Bloomberg News)

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Paul's Surprise NY Performance

Paul McCartney promotes the start of his U.S. tour. (Bloomberg News)

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Trump Lawsuit Thrown Out

Trump's lawsuit against an author who questioned whether he was really a billionaire has been dismissed. (Bloomberg News)

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Commercial Paper Outstanding

The commercial paper market is shrinks at a fast pace. Commercial paper is the cheapest source of corporate cash. (Bloomberg News)

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Nokia 2Q Results

Nokia post second quarter earnings. (Bloomberg News)

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iTunes Update Blocks Palm's Pre

iTunes blocks the sync for Palm's Pre. (Bloomberg News)

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Novartis Profits Hurt By Euro's Decline

Novartis second quarter profit falls up to 10%. (Bloomberg News)

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Prudential & AIG Talks Resume

Prudential resumes talks to purchase two of A.I.G.'s Japanese insurance units. (Bloomberg News)

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In-Depth Look - CIT Federal Bailout?

Analysis and discussion with Vano Haroutunian of the Ballon Stoll. He gives his insights regarding about the C.I.T. near bankruptcy. (Bloomberg News)

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European Market Check

European markets fluctuates after earnings from J.P.Morgan and Nokia. (Bloomberg News)

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Geithner In Paris

Tim Geithner's overseas trip is to focus about the financial regulation. (Bloomberg News)

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Citigroup Deal

Citigroup is close to a secret deal with the F.D.I.C. The deal is for Citi to strengthen its board and provide more information to regulators on its capital and liquidity. (Bloomberg News)

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BofA Under Secret Sanction Order - WSJ

Bank of America operates under a secret sanction according to the "Wall Street Journal". (Bloomberg News)

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DOJ Probes Credit-Default Swaps

Justice department investigates the credit default swaps market. (Bloomberg News)

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JPM Q2 Earnings Announcement This Morning

J.P.Morgan post earnings of five cents a share. (Bloomberg News)

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Asian Market Check

China's GDP growth quickens to 7.9% on credit boom. (Bloomberg News)

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Foreclosure Filings Hit Record

Foreclosure filings reach a record in the first half of this year. (Bloomberg News)

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Federal Bailout Unlikely - CIT

C.I.T. probably won't get a government bailout. It is possible for the company to declare bankruptcy. (Bloomberg News)

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Lessons in housework for Germany's Turkish-born men

Bridging the cultural divide is a challenge for many Germans of Turkish origin. But men who divorce in Germany also face also a gender divide. When their wives leave, they have to learn to cook, clean and look after the children all by themselves.

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Flower power for swimming pool clean-up in France

Nestled in the foothills of the Mont Blanc mountain, Combloux was the first town in France to open an ecological swimming pool, complete with water-cleaning plants and flowers.

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Surfing in the jungle

Surfer Serginho Laus set a world record surfing one wave for over 11 kilometers. He has 11 years of experience in the Amazon, riding the famous river tidal wave, called a "pororoca."

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Tuning into the kings of Kinshasa's streets

Staff Benda Bilili is a band which wasn't supposed to happen. Leader, Ricky Likabu, is a handicapped homeless man from the capital of the Democratic Republic of Congo, Kinshasa. After decades of faith, courage and facing down insurmountable odds he and his fellow players have cranked their wheelchairs up the final ramp and landed on the world stage. Their first stop is France.

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Tamil refugees still waiting in Sri Lankan camps

Thousands of Tamil refugees remain under strict government supervision in Sri Lanka months after troops won a decisive victory in the decades-long conflict with the Tamil Tiger rebels. Up to 300,000 fleeing civilians remain in tightly guarded camps in the country�s north with foreign journalists and aide organizations having limited access to them.

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Style- Life as a Runway

Politics and style mix at a recent musical fund-raiser to broaden awareness of the post-election turmoil in Iran.

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Technology- The Zeo Sleep Monitor

David Pogue tests the Zeo, an alarm clock that comes with a headband that measures your brainwaves to analyze how well you sleep.

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Apollo 11 video restored by NASA

On the 40th anniversary of the Apollo 11 mission, when American Neil Armstrong first walked on the moon, NASA has released a partially restored video from the July 20, 1969, moonwalk. The restoration project will be complete in September.

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Chechen strongman blamed over activist's killing

Chechnya's strongman leader was Thursday accused over the killing of a rights campaigner who uncovered abuses in the volatile region, as the West pressured Russia to rapidly solve the murder. Memorial, the acclaimed rights group of Natalya Estemirova, said the controversial pro-Kremlin Chechen president Ramzan Kadyrov was responsible for the murder, irrespective of who ordered the killing. The corpse of Estemirova, 50, was found Wednesday afternoon with gunshot wounds to the head and chest hours after she was seen being bundled into a car from outside her home in the Chechen capital Grozny.

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Indian, Pakistani leaders meet in Egypt

The prime ministers of India and Pakistan met on the sidelines of the Non-Aligned Movement summit in Egypt on Thursday, sparking hopes of a resumption of peace talks between the nuclear rivals. Images of the meeting.

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Gearing up in Edinburgh for world's biggest arts festival

During the Edinburgh festivals in August the population of the Scottish capital doubles as half a million visitors descend on the city for the world's biggest arts festival. A preview.

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Slavery in modern-day Mauritania

Mauritanians head to the polls on Saturday to elect their president but one community remains highly marginalised. Thousands of Haratine are still reduced to slavery in spite of legislation theoretically banning the practice.

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New video shows Jackson's head catching fire

A video released by US Weekly magazine shows Michael Jackson dancing down stairs for a 1984 commercial completely unaware that his head is inflamed, an incident said to have triggered his addiction to painkillers. Images courtesy US Weekly.

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China's economy bounces back with 7.9 percent growth in Q2

China's economy grew 7.9 percent in the second quarter of 2009 in a startling turnaround for the Asian powerhouse fuelled by a massive stimulus package -- but the country's momentum for recovery still remains unstable.

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Losing Kenya's Lake Naivasha

Lake Naivasha, at the head of the Great Rift Valley, is one of Kenya's most popular natural attractions -- but it may not be there for much longer. Water levels are dropping fast, with a devastating effect on the region's wildlife. But while some put the problems down to climate change, others point the finger at the intensive horticulture around the shore, with farms siphoning the lake's water to grow roses.

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Young authors tap adolescent angst in China

By her own admission, 19-year-old Jiang Fangzhou is a typically insecure Chinese teen. But that hasn't stopped her becoming a successful writer. She began writing at the age of seven, published her first book at nine and has churned out several more novels since.

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