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Wednesday, July 22, 2009

Sailing on the Hudson River in New York City

We're on a boat! Except this big, blue, watery road is the Hudson, and, instead of T-Pain, we’re cruising with the boys from Atlantic Yachting, a sailing outfit offering affordable lessons and charters right outta the West 79th Street Boat Basin. Sailors Logan and Jonathan — last names withheld to protect them from admirers — showed us the ropes (literally) as we made our way up to the George Washington Bridge. Here's the info: Atlantic Yachting, West 79th Street, at the Hudson River (212-518-4604 or atlanticyachting.com).

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The Politics of Medicare

CBS News' Chip Reid asks President Obama for specifics about how Medicare might change.

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Analysis Of Obama's Reform

Katie Couric speaks with "Face The Nation" host Bob Schieffer and CBS News correspondent Nancy Cordes about Pres. Obama's primetime press conference on healthcare reform.

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Obama On Healthcare Concerns

President Obama gives an opening statement on the importance of healthcare reform before taking questions from the press.

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Japan Robot Wars

There is a battle between Japan's biggest toymakers that make robots based on anime series for decades. (Asia Confidential)

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The North Korea Threat

Hillary Clinton says U.S. fully engaged on Asian regional security. (Asia Confidential)

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Japan's Political Change

Japan's Opposition DPJ expects to win August 30 election. (Asia Confidential)

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M.J. Death Probe In Texas

Detectives raided the Texas office of one of Michael Jackson's doctors looking for evidence of manslaughter. Ben Tracy reports on what police hoped to find.

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Longest Eclipse Of The Century

Across Asia, millions of people watched the longest eclipse of the century, which lasted up to six minutes and 39 seconds. The next eclipse this long won't come until 2132. Terry McCarthy reports.

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Testing The H1N1 Vaccine

The U.S. announced that trials for the H1N1 vaccine will start at eight medical centers in early August. Australia has already begun its trials, the first nation to do so. Dr. Jennifer Ashton reports.

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Teen Prostitutes In The U.S.

It's a growing problem in America: teenage prostitution. The problem has exploded recently in communities nationwide. Katie Couric reports on a criminal enterprise that's growing larger by the day.

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Texas Drought Heats Up

Officials in Texas from both the agriculture and livestock industries are concerned about a massive drought throughout many portions of the state. Don Teague reports from Bryan, Texas.

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Reality Check- Health Care

CBS News' Wyatt Andrews reports on a "Reality Check," determining whether or not Pres. Obama's claims about health care reform are fact or fiction.

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Swine Flu And Recession Drop Japan's Aviation

Swine flu and recession lead to 20% drop in all Nippon International bookings. (The Bloomberg Edge)

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Pepsi Sweats Over Gatorade

PepsiCo profit falls as Gatorade sales decline. (The Bloomberg Edge)

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Chinese Consumer Stocks

China's retail sale remains strong and its growth continues. (The Bloomberg Edge)

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Chinese Consumer Stocks

China's retail sale remains strong and its growth continues. (The Bloomberg)

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Wells Fargo Posts 2Q Profit

Wells Fargo announces a big second quarter profit and Morgan Stanley posts third straight loss. (The Trade)

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Spot Iron Ore To Trade Above Contract

China boosts purchases of iron ore on cash market due to breakdown in talks for benchmark price. (The Trade)

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China's Stimulus Package

The IMF says China should expand its stimulus package next year to tackle rising unemployment. (The Trade)

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Japan's Stock Market Declines

Tokyo steel cuts its first half net income forecast by one-fifth. (The Trade)

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US Stock Market Declines

Stocks decline and drag the S&P 500 down from an eight-month high. (The Trade)

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Obama's Health Care

Obama says public must give up wasteful medical tests. (The Trade)

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Cancer Surgery Breakthrough

A revolutionary instrument now allows doctors to operate on cancerous tumors in spaces of the body which would be to small to penetrate normally. CBS News' Karina Mitchell reports from New York.

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Notebook- Afghanistan

As the war on terror continues in Afghanistan, Katie Couric talks about the corruption and chaos that undermine the rule of President Hamid Karzai and weaken the support for U.S. involvement.

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Iraq's Full Transition

President Obama said the United States is still on schedule to remove all troops by the end of 2011 and will work with Iraq to have U.N sanctions imposed after the Gulf War lifted.

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Making A Difference

President Obama talks with Katie Couric about moments that he has enjoyed as president.

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Spotlight - Versus Network

Tour de "Lance" Yields Record Viewership for Comcasts' Versus Network - Interview with CEO Jamie Davis (Taking Stock)

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Spotlight - Harman International

Interview with CEO Dinesh Paliwal (Taking Stock)

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Sen. Cardin on Paying for Climate Change and Transportation

Sen. Benjamin L. Cardin discusses paying for climate change legislation at a CQ forum on climate change policy and transportation on July 22, 2009.

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Sen. Carper On Climate Change Bill Timetable

Sen. Thomas R. Carper, D-Del., discusses the Senate's timeframe for enacting climate change legislation at a CQ Forum on Climate Change Policy and Transportation on July 22, 2009.

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Spotlight - Brigham Exploration

Interview with CEO Bud Brigham (Taking Stock)

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Inside Look - Bernanke Testimony

Interview with Sen. Richard Shelby (R) of Alabama (Bloomberg News)

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Market Movers - Qualcomm, eBay

eBay 2Q EPS Beat Estimates by a Penny, 3Q Forecast Meets Estimates; Qualcomm Boosts Revenue and Volume Forecasts, Shares Falling Over 4% After Missing 4Q Revenue Forecast Estimates (Bloomberg News)

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Washington Unplugged, 07.23.09

Roundtable discussion on the arrest of Harvard Professor Henry Louis Gates Jr. Rep. Bart Stupak (D-Mich.) on the bi-partisan opposition to the abortion mandate on the House health care bill.

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Health Care - Too Much, Too Soon? (Part 4)

Roundtable Discussion with Richard Kirsch of Health Care for America Now, Former McCain Economic Adviser Doug Holtz-Eakin, Cigna Chief Medical Officer Jeffrey Kang, and John Rother of AARP (Bloomberg News)

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Health Care - Too Much, Too Soon? (Part 3)

Roundtable Discussion with Richard Kirsch of Health Care for America Now, Former McCain Economic Adviser Doug Holtz-Eakin, Cigna Chief Medical Officer Jeffrey Kang, and John Rother of AARP (Bloomberg News)

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Health Care - Too Much, Too Soon? (Part 2)

Roundtable Discussion with Richard Kirsch of Health Care for America Now, Former McCain Economic Adviser Doug Holtz-Eakin, Cigna Chief Medical Officer Jeffrey Kang, and John Rother of AARP (Bloomberg News)

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Health Care - Too Much, Too Soon? (Part 1)

Roundtable Discussion with Richard Kirsch of Health Care for America Now, Former McCain Economic Adviser Doug Holtz-Eakin, Cigna Chief Medical Officer Jeffrey Kang, and John Rother of AARP (Bloomberg News)

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Market Close 7.22

S&P and Dow Each Fall Less Than 1%, Nasdaq Rises Less Than 1% (Bloomberg News)

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Spotlight - Wells Fargo

Interview with CFO Howard Atkins (Bloomberg News)

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Inside Look - Tracking Commercial Real Estate

Interview with American Institute of Architects Chief Economist Kermit Baker (Bloomberg News)

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In-Depth Look - Regulating Credit Agencies

Analysis and Discussion with Josh Rosner of Graham Fisher & Co. (Bloomberg News)

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More Perspective - Healthcare Reform

Interview with National Association of Manufacturers President Jay Timmons (Bloomberg News)

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In-Depth Look - Goldman Sachs Feeling the Heat

Goldman Profit Raises Speculation Amid Financial Crisis (Bloomberg News)

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Recap - Bernanke on the Hill

Fed Chairman Ben Bernanke Testifies to Senate Banking Committee (Bloomberg News)

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In-Depth Look - Bernanke's Second Day of Testimony

Instant Reaction Featuring NYU Economics Professor Mark Gertler (Bloomberg News)

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From Starbucks to 'Barbucks'

New Starbucks stores will sell wine and beer alongside coffee, but without the company's name, reports Bianca Solorzano.

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Soldier Goes Missing

Army private James Gonzalez has been missing for a week along the U.S.-Mexico where he was based. Don Teague reports.

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Nutrition for Expecting Moms

Dr. Jennifer Ashton showed Maggie Rodriguez some nutritious examples of foods good for pregnant women and their babies.

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Chill Out without Calories

Health magazine's Frances Largeman-Roth showed Harry Smith how to cool off with summer drinks low in calories.

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Who Benefits in New Proposal

Moneywatch Editor-At-Large Jill Schlessinger and Maggie Rodriguez discuss a breakdown of the new health care proposal by employees and employers.

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Obama's TV Health Care Pitch

Opposition to a new health care plan increases as it becomes likely that a bill will not be signed by August, so President Obama is going to the public for support, reports Bill Plante.

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Miracle Device For Paraplegics

The Walkaide device is strapped to the legs and sends electrical pulses to the nerves in the feet and legs that allow users more control of their limbs. Walkaide user, Tina Mann told her story.

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Harvard Prof. Cleared

Mass. police dropped the disorderly conduct charge against Harvard professor Henry Louis Gates Jr. Michelle Gielan reports.

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Bernanke Q&A Session

Live! From Capitol Hill: Fed Chairman Ben Bernanke Takes Questions from Senate Banking Committee Chairman Christopher Dodd Questions (Bloomberg News)

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Obama Takes on His Critics

Katie Couric spoke to President Obama about his rush for healthcare reform, the nearly 10 percent unemployment rate and his decreasing poll numbers.

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Obama On Report Delays

Katie Couric asks President Barack Obama why U.S. Federal status reports on the economy have been delayed.

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Boeing's Second Quarter

Boeing's second quarter earnings are stronger than anticipated. (Bloomberg News)

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In-Depth Look - Bernanke Faces Senate On Exit Strategy

Interview and discussion with Stuart Spodek of the BlackRock Advisors. He says testimony says we are not going to let this get out of control. (Bloomberg News)

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In-Depth Look - G.Sachs Vs. M.Stanley - House Of Titans

Interview and discussion with Brad Hintz of the Sanford Bernstein. He says Morgan Stanley changes business model to lower risk. (Bloomberg News)

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Solar Eclipse

The longest solar eclipse in the history is watch by many in Hong Kong. (Bloomberg News)

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Market Open 7.22

Cris Valerio is live in the New York Stock Exchange. Stocks are set to sell off. (Bloomberg News)

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Ford Losses May Narrow

Analyst forecast it may lose 53 cents a share compared to 62 cents loss a year ago. (Bloomberg News)

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In-Depth Look - US Pacific Command

Interview and discussion with Adm. Timothy Keating of the U.S. Pacific Command. He says we are not alarmed by North Korea military activity. (Bloomberg News)

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In-Depth Look - Drug Company Earnings

Interview and discussion with Jeffrey Kraws of the Crystal Research. He says we must not rush into health-care reform. (Bloomberg News)

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Siemens Cuts 1,400 Jobs

Siemens plans to cuts 1,400 job to meet profit target this year. (Bloomberg News)

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Inside Look - Eli Lilly 2Q Earnings

Interview and discussion with the C.F.O. of Eli Lilly, Derica Rice. He says Eli Lilly is very please over earnings results. (Bloomberg News)

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In-Depth Look - Grading Fed Chairman Bernanke

Interview and discussion with Desmond Lachman of the American Enterprise Institute. He says Bernanke has made one mistake after another. (Bloomberg News)

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NCAA Facing Full Court Press

N.C.A.A. faces a class lawsuit over the use of students athletes images. (Bloomberg News)

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Madoff Trustee In Talks With Fairfield Funds

Madoff trustee is in settlement talk with three Fairfield funds. (Bloomberg News)

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The Most Exclusive Shop In New York

The Lehman Brothers store sell things with the old Lehman logo. Exclusive for its remaining employees. (Bloomberg News)

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In-Depth Look - Dollar Weakness

Interview and discussion with Steven Englander of the Barclays Capital. He gives his outlook about the dollar and his insights in currencies. (Bloomberg News)

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Wells Fargo's Mortgage Boom

Mortgage rents boosts Wells Fargo's profit. (Bloomberg News)

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iPhone Boosts Apple's Profit

Apple's iPhone boosts company's sales. (Bloomberg News)

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Stephen Baldwin Files Chapter 11

Baldwin files for chapter 11. (Bloomberg News)

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Judge Reinstate Rather Claim

A judge reinstate Rather's fraud claim. (Bloomberg News)

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Odds On Favorite To Land Halladay - Phillies

Oddsmakers say Phillies are 5-2 favorite to land all-star pitcher Roy Halladay if he is traded. (Bloomberg News)

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Surgery May Cause Yao Ming To Miss Season

Rockets center Yao Ming may miss the entire upcoming season after undergoing bone draft surgery. (Bloomberg News)

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Chip Goodyear And Temasek Part Ways

Temasek holdings scraps its plan to appoint Chip Goodyear as its C.E.O. (Bloomberg News)

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P&G May Sell Rx Drug Branch

Procter and Gamble is in talks to sell the prescription drug business. (Bloomberg News)

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Hedge Funds Net Inflows Rise

Hedge Funds continues a three-month rally in June. (Bloomberg News)

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Freddie Mac's New CEO

Charles Haldeman is the name of Freddie Mac's new C.E.O. (Bloomberg News)

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Senate Kills F-22 Funding

The senate votes to end funding for F-22 fighter jets. (Bloomberg News)

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Jefferson Country's Financial Woes Continues

Jefferson County plans to put a third of its employees on a six-week unpaid leave starting August 1. (Bloomberg News)

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Rogers Not Shorting

Jim Rogers says he is not selling anything short. (Bloomberg News)

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Wall Street's Inflation Expectations

Ben Bernanke sees limited inflation pressures the expectations of wall street have been rising. (Bloomberg News)

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Democratic Health-Care Plan

President Obama spends time in briefing his members for support for his health-care plan. (Bloomberg News)

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European Market Check

European stocks snaps its seven-day winning streak heading low this morning. (Bloomberg News)

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Asian Market Check

Asian stocks are in gain for its seventh day. (Bloomberg News)

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IBM's New Deals

I.B.M. expands with Juniper Networks, Cisco to increase the networking product business. (Bloomberg News)

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Yahoo Outlook Misses Estimates

Yahoo sales forecast fall short of estimates. (Bloomberg News)

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Apple Earnings Top Estimates

Apple's sales top analysts estimates. (Bloomberg News)

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Financial Woes Still Mounting For CIT

C.I.T. still struggles to ward off bankruptcy. C.I.T. needs to pay an additional $100 million in fees and interest to pay for the loan. (Bloomberg News)

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Bernanke Should Get 2nd Term - Poll

Investors overwhelmingly agree that Ben Bernanke should get another term. (Bloomberg News)

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Solar eclipse shrouds India in cloak of darkness

The longest solar eclipse of the 21st century plunged millions across India into temporary darkness on Wednesday. A woman was killed in a stampede in the holy city of Varanasi where tens of thousands of devout Hindus had crowded the river Ganges at dawn. Raw images.

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Darkness envelopes eastern China in record solar eclipse

The longest solar eclipse of the 21st century plunged Moganshan mountain in eastern China into darkness on Wednesday morning. Raw images.

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Solar eclipse casts shadow over Hong Kong

The longest solar eclipse of the 21st century cast a shadow over much of Asia on Wednesday. In Hong Kong, hundreds of people gathered on the waterfront to catch a glimpse of a partial eclipse -74.8 % percent - which cast a strange light over the city's skyline. Raw images.

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New York's 'Naked Cowboy' to run for mayor

A New York busker who calls himself "The Naked Cowboy" and entertains crowds of tourists in his underwear in Times Square year round, launched a bid to run for mayor.

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Americans in need to feed themselves on the rise

The number of Americans needing financial help to feed themselves is on the rise. The latest figures show 37 million people in poverty in the US in 2007, up from the year before. Around 13 percent of the population is now in poverty. At food banks across the United States, the arrival of summer has brought no respite from work, as ever-longer lines of the needy come seeking help. AFPTV goes to visit a food bank in Florida.

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Planning pays off for 'eclipse chasers' in China

For David Makepeace, chasing solar eclipses around the world is what life is all about. He has witnessed 11 total solar eclipses on all seven continents over the past 18 years. In China, bad weather almost confounded his attempt to film one of the longest eclipses in modern history.

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Aiding the ailing on all sides of Pakistan's conflict

Work is unending for the doctors at the International Red Cross's field hospital in Peshawar, which treats victims of the ongoing conflict between the Pakistani army and Islamist militants. Doctors do not discriminate with the wounded, and treat patients from all sides of the conflict.

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Darkness envelopes eastern China in record solar eclipse

The longest solar eclipse of the 21st century plunged Moganshan mountain in eastern China into darkness on Wednesday morning. Raw images.

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