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Monday, August 3, 2009

SAS Makes $2.26 Billion In Revenue In 2008

Analysis and discussion with SAS Chief Executive Officer Jim Goodnight.t. He says recession has no large impact on SAS and he sees gradual recovery in certain Asian markets. (Asia Confidential)

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Travel Ban Challence

They bill themselves as "the oldest Cuba solidarity organization in the world". The Venceremos brigade defies the U.S. Government ban on most travel to Cuba. Portia Siegelbaum has more.

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Indonesia Stock Market

Indonesia is world's 2nd best-performing stock market this year in dollar terms. (The Bloomberg Edge)

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Iran Protests Not Over

In Tehran, President Ahmadinejad's re-election was made official, despite protests that the election was rigged. As Elizabeth Palmer reports, all the repression hasn't crushed Iran's reform movement.

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Protesting Health Care Reform

As crowds demonstrate against the health care reform around the country, political analysts say Democrats face a tough August recess. Wyatt Andrews reports.

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Healing a Wounded Veteran

Casey Owens lost both of his legs in Iraq and suffered from a brain injury. Now he's fighting to get the type of medical attention he needs. David Martin reports.

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Cashing In On Beverage Stocks

Japan's Kirin says it is in merger talks with rival Suntory and Fitch's Gits says Kirin's debt rating will be cut if Lion Nathan deal succeeds. (The Bloomberg Edge)

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U.S. Stocks Rally Almost 50%

Elliot Wave International says Asia stocks rally to falter and lack strength. (The Bloomberg Edge)

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A Well-Rounded Diet

Katie Couric spoke to Dr. Jennifer Ashton about the risks of children having low vitamin D and the new recommendations that suggest that people are not getting enough fish oil in their diets.

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Continental Turbulence

Continental Flight 128 landed in Miami carrying dozens of bruised and bloody passengers after an emergency landing due to extreme turbulence. Nancy Cordes has the latest.

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Crude Oil Nears 7-Week High

Reports on industrial production show that demand may pick up and people expect to see a gain in the crude inventory that is mainly based on the decline in the amount of refinery rooms that occur in the U.S. (The Trade)

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Cash for Clunkers Out of Gas?

The "Cash for Clunkers" program will run out of gas if another $2 billion is not approved before the Senate's recess. As Anthony Mason reports, there are still many doubts about the program.

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Ford's Encouraging Numbers

A Ford dealership is having their best numbers in years, which may be due to Ford not taking a government bailout. But the "cash for clunkers" program is the real driving force. Cynthia Bowers reports

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Global Semiconductor Sales Rise

Global semiconductor sales rise by 17% last quarter compared to the first quarter and the Semiconductor Industry Association says sales climb to $51.7 billion dollars. (The Trade)

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S&P 500 Trades Above 1,000

S&P 500 climbs above 1, 000 for the first time since November. (The Trade)

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Australian Retail Sales

Australian retail sales fall by 1.4% and Australia's price index rises to 4.2%. (The Trade)

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HSBC's Surprise Profit

HCBC posts an unexpected 1st half profit of $3.35 billion. (The Trade)

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MGM Mirage Loses $213 Million

The biggest U.S. casino in Las Vegas loses $213 million in second quarter and Macau revenue rises to 3.1%. (The Trade)

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ANZ To Buy 54 Branches

ANZ to purchase 54 branches in six Asian nations and Australian commodity stocks rally to their highest level since March. (The Trade)

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Japan's Auto Sales Lead The Gains

Most of the automakers lead the gains as Fuji Heavy Industries' shares rise and the cash for clunkers raises demands for fuel-efficient cars. (The Trade)

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Yamaha Tips Over

Caught on Tape: Surveillance video from April 2006 shows Zach Murray, an employee at a Yamaha dealership in Liberty, Mo., tipping over in a Yamaha Rhino. Yamaha claims he was engaged in horseplay.

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Notebook- Captain Speicher

Jim Axelrod comments on the discovery of the body remains of Captain Speicher, the first American to die in the 1991 Persian Gulf War.

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NASCAR Driver Embraces Hybrids

NASCAR Sprint Cup driver speaks about the country's embracement of the hybrid technology, and also goes on to mention his investment in a hybrid Ford Fusion.

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NASCAR's Vickers Goes Green

NASCAR Sprint Cup driver, Brian Vickers speaks about the gas guzzling sport cleaning up their act and the importance of helping the environment.

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NASCAR Turning New Leaf

The NASCAR race season is moving into the final stretch, but the top drivers have more than the checkered flag in sight. As Hari Sreenivasan reports, the gas guzzling sport is cleaning up its act.

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Emergency Plane Landing

It was a rough and scary morning for passengers on board a Continental Flight to Houston. Severe turbulence injured dozens of passengers and forced an emergency landing. Drew Levinson reports.

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Inside Look - What Lies Beneath Healthcare Reform

Roundtable Discussion with Frank Keating of American Council of Life Insurers and Raghuram Selvaraju of Hapoalim Securities (Taking Stock)

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Jackson's Mom Named Guardian

A judge has made some key rulings in Michael Jackson's estate battle, and so far they're in favor of his mother. Manuel Gallegus has the latest from outside court in Los Angeles.

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Inside Look - How to Be a Better Investor

Making Wise Investment Decisions - Roundtable Discussion with Online Trading Academy Founder Eyal Shahar and Chief Knowledge Officer John O'Donnell (Taking Stock)

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Obama's August Strategy

John Dickerson spoke with CBS News Chief Political Consultant Marc Ambinder about Obama's August strategy. Also, Sen. Bill Nelson (D-Fla.) on Capt. Michael "Scott" Speicher.

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Slippery Stiletto Run

Women in Bulgaria Compete in 50-Meter Race in Stilettos Despite Rainy Weather (Bloomberg News)

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Early Backstage- Debbye's Animals

Debbye Tuner Bell chatted with Adam "The Audience Guy" about Guinea pigs and her past animal adventures.

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In-Depth Look - Google-Apple Rivalry

Google CEO Eric Schmidt Resigns from Apple's Board - Analysis and Discussion with Daniel Ernst of Hudson Square Research (Bloomberg News)

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Inside Look - Reforming Healthcare

Interview with Mayo Clinic CEO Denis Cortese (Bloomberg News)

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Market Close 8.3

S&P and Nasdaq Each Rise 1.5%; Dow Rises 1.2%; S&P Closes Above 1,000 For First Time Since November; Materials Best Performers of the Day (Bloomberg News)

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Business News Briefs

GM Board Discussing Bids for Opel; Boeing 787 Facing More Delays; Obama Administration Won't Raise Taxes on Middle Income Families; Tyson Profits Up on Higher Chicken Prices; Beer Profits Beat Estimates (Bloomberg News)

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Spotlight - General Motors

GM'S July Auto Sales - Interview with Product Development Executive VP Michael DiGiovanni (Bloomberg New)

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In-Depth Look - Bank of America Management Shakeup

Sallie Krawcheck Joins BofA, Brian Moynihan Moves to Consumer Bank; Further Analysis and Discussion with Richard Bove of Rochdale Securities (Bloomberg News)

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In-Depth Look - Bernanke's Daybook Revealed

Exclusive - Economists Who Lunch Together; Bernanke's Term Expires January 31st, 2010 (Bloomberg News)

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Inside Look - The Biggest Debt Restructuring in History

Analysis and Discussion with Dan Alpert of Westwood Capital (Bloomberg News)

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Inside Look - Cash-for-Clunkers

Interview with Transportation Secretary Ray LaHood (Bloomberg News)

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Market Outlook - Looking for a V-Shaped Recovery

Analysis and Discussion with Brian Westbury of First Trust Advisors (Bloomberg News)

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In-Depth Look - Music Publishing Risk-Free Investment?

Private Equity Firms Sing Praises of Rock 'n' Roll (Bloomberg News)

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Inside Look - S&P 500 Rises Above 1,000

Interview with Laszlo Birinyi (Bloomberg News)

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In-Depth Look - Investment Strategies

Post-Recession Stock Picks Ripe for Serious Rebound - Analysis and Discussion with John Dorfman of Thunderstorm Capital: Likes NCR Corp, Norfolk Southern, and Trinity Industries (Bloomberg News)

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Commodities Head Higher

Commodities and Stocks Moving in Lockstop, 2010 Futures Pricing a Strong Recovery (Bloomberg News)

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Guinea Pigs as Pets

Guinea pigs ruled the box office this weekend, and Debbye Turner Bell spoke with Maggie Maggie Rodriguez about how to properly care for pet guinea pigs.

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Building Rolls Over

Caught On Tape: A building in Cankiri, Turkey fell over and rolled onto its roof, nearly missing surrounding buildings.

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Special Report - Japan's Electric Dreams

Japanese Man Converts DeLorean From Gas to Electric; Nissan Mulls Over Electric Vehicle Plans (Bloomberg News)

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Custody and Estate Hearings

Katherine Jackson will go to court in an attempt to become an executor of Michael Jackson's estate. Julie Chen spoke with Legal Analyst Lisa Bloom about the case.

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Today in Washington - Outrage Over Bonuses

Incentive Pay Outrage Continues on Capitol Hill (Bloomberg News)

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Inside Look - Manufacturing Slump Eases

Interview with ISM Manufacturing Business Survey Committee Chairman Norbert Ore (Bloomberg News)

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Vitamin D Deficiency and Kids

Is your child getting enough vitamin D? A new study says seven out of 10 American kids have low levels of vitamin D, which threatens bone and heart health. Dr. Jennifer Ashton reports.

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Age-Defying Beauty Awards

Prevention magazine handed out "Defy Your Age" awards to some great beauty products and the good news is they all sell for under $50. Beauty director Rebekah George talks with Maggie Rodriguez.

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Spotlight - Ford Motor Co.

How "Cash-For-Clunkers" Helped Ford - Interview with Sales Analyst George Pipas (Bloomberg News)

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Emergency Landing in Miami

Four people were seriously injured when a Continental Airlines jet encountered severe turbulence. The plane made an emergency landing in Miami. WFOR-TV's Sharrie Williams reports.

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Shark Week- Endangered Predators

A recent study found about one-third of the world's sharks face possible extinction due to overfishing. Daniel Sieberg reports.

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International News Briefs

Escort Hosts "I Love Silvio" Party; Massa Flies Home After Horror Crash; New Mozart Works Found (Bloomberg News)

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Jackson's Happiest Years

Julie Chen spoke with Michael Jackson biographer/friend J. Randy Taraborrelli about Jackson's best and worst years.

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Stocks Jump in July

Wall Street is buzzing after the stock market saw its best July numbers in 20 years. Bianca Solorzano. Investment Strategist Liz Ann Sonders commented on the status of the recession.

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Inside Look - July Auto Sales May Signal Turnaround

Interview with J.D. Power & Associates President Finbarr O'Neill (Bloomberg News)

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The Currency Report - Swiss Franc

Swiss Franc May Not Be Best Bet; Swiss National Bank Weakening Its Franc to Fight Inflation (Bloomberg News)

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Gulf War Vet's Remains Found

Lost Gulf War veteran Navy Captain Michael "Scott" Speicher's remains were identified 18 years after his disappearance, Kimberly Dozier reports. A family spokesman commented.

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Special Report - Swiss Secrecy

Swiss Bankers Have a History of Hiding Money (Bloomberg News)

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Letters to the President

The Obama administration is giving the public an exclusive look behind-the-scenes of the White House. The first video depicts letters to the President.

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In-Depth Look - Weekend Box Office

Interview and discussion with Paul Dergarabedian of Hollywood.com. He shares his thoughts regarding the movie earnings this summer, and makes a comparison in last year's earnings. (Bloomberg News)

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Clunkers Program Extention?

The government Cash for Clunkers program has run out of money and it is not yet known whether the Senate will vote to extend the program.

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American Hikers Held in Iran

Three young American hikers are being held captive in Iran after accidentally entering the country. Elizabeth Palmer Reports.

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In-Depth Look - John Brynjolfsson

Interview and discussion with the Chief Investment Officer of Armored Wolf, John Brynjolfsson. He says he's not that excited by market's cyclical upswing. (Bloomberg News)

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Cash For Clunkers Use $1 Billion In July

Government's cash for clunkers budget is nearly depleted. (Bloomberg News)

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Market Open 8.3

Suzanne O'Holloran is live in the New York Stock Exchange. Stocks are set to kick off higher. (Bloomberg News)

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In-Depth Look - Bernanke's Last Six Months

Interview and discussion with Lyle Granley of the Soleil Securities Group. He says Bernanke should get another term. (Bloomberg News)

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In-Depth Look - Rallying Banks

Interview and discussion with Richard Bove of the Rochdale Securities. He says U.S. lose position as dominant financial power. (Bloomberg News)

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Whitacre Makes Debut As GM Chairman

Whitacre makes his debut as General Motors Chairman. (Bloomberg News)

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Panasonic Raise Earnings Forecast

Panasonic raise its forecast due to stabilizing economy. (Bloomberg News)

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Xstrata Will Reiterate Need For Anglos Merger

Xstrata plans to make the case for a merger with Anglo American. (Bloomberg News)

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In-Depth Look - A "Long Slog' Ahead? Interview and discussion with Edmund Phelps of the Columbia University. He says it will take a long time to rebuild exports. (Bloomberg News) 3916 Bloomberg

Interview and discussion with Caitlin Long of the Morgan Stanley. She says over time, big currency swings could have bigger impact. (Bloomberg News)

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In-Depth Look - Positioning For Dollar Weakness

Interview and discussion with Caitlin Long of the Morgan Stanley. She says over time, big currency swings could have bigger impact. (Bloomberg News)

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Ford Higher In Pre-Market

Ford stocks sales are actively traded in the pre-market. (Bloomberg News)

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European Market Check

European stocks post higher earnings. (Bloomberg News)

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Prada Attempts To Go Public Again

Prada's attempt to go public is suspended. (Bloomberg News)

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July Auto Sales Preview

Investors expect July auto sales figures to be the highest in the year. (Bloomberg News)

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UBS & US To Settle Tax Case

Switzerland and U.S. agrees to settle tax case away from the court. (Bloomberg News)

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Melky Hits First Yankees In 14 years

Melky becomes the first Yankee to hit for the cycle in 14 years. (Bloomberg News)

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Tiger Wins Final Buick Open?

Tiger Woods wins his final Buick Open. (Bloomberg News)

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Bernanke's Working Lunches

Ben Bernanke uses his lunch hour to meet with advisors to talk about business. (Bloomberg News)

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Fate Of "Cash For Clunkers"?

Some republican says cash for clunkers program is way too expensive and favor auto industry over other struggling business. (Bloomberg News)

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'Funny People' Tops Box Office

Adam Sandler's 'Funny People' tops the box office in North America. (Bloomberg News)

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Google Launches Apps Ads - AP

Google launches and add campaign to promote software. (Bloomberg News)

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Eurozone Economic Data

German retail sales are down 1.8%. (Bloomberg News)

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British Bank Earnings

British banks sales rallies. (Bloomberg News)

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Nissan Unveils Electric Car

Nissan unveils its electric car with their new headquarters. (Bloomberg News)

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Khamenei Endorses Ahmadinejad

Khamenei endorses Ahmadinejad's second term. (Bloomberg News)

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Lieberman Denies Corruption Allegations

Lieberman charge with fraud, denies allegations. (Bloomberg News)

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Plague In China Claims Second Victim

China's plague kills second victim. (Bloomberg News)

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In-Depth Look - Congress Takes On Exec Pay

Analysis and discussion with Brian Foley, the President of Brian Foley Associates. He shares his thoughts regarding about the executive pay. (Bloomberg News)

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Commodity Prices May Rise In 2010 - Roubini

Roubini says commodity prices may rise in 2010. (Bloomberg News)

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Recession Bottoming - Greenspan

Greenspan says the unemployment rate is going to continue to rise but more slowly than it's been. (Bloomberg News)

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Asian Market Check

Asian stocks rallies beating estimates. (Bloomberg News)

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Movies / Critics' Picks- Critics' Picks- 'Lover Come Back'

A. O. Scott reviews the Doris Day/Rock Hudson romantic comedy with an eye for the film's subtext.

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Nigerian-based music a favourite for Cubans

El Alacran -- it's one of Cuba's oldest ensembles of musicians and dancers. For more than a century, it's been bringing performing in a style directly descended from the Yoruba tribes of Nigeria, and their shows are a hit during the island's Carnival festivities.

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'An umbrella on wheels' -- Citroen 2CV car still a big hit

The Citroen 2CV is not just a legend in France. A world gathering of fans of the iconic French car has just taken place in the Czech Republic. A time to compare colours, models and swap notes on repairing the ageing engines.

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Drugs on a downer as narcotics smugglers use submarines

Drug smugglers have always been very creative in finding new ways to slip illegal narcotics past customs. In Colombia, they're now plumbing the depths of the ocean, smuggling cocaine out of the country by submarine.

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Iran leader endorses Ahmadinejad but rivals absent

Iran's supreme leader Ayatollah Ali Khamenei on Monday endorsed Mahmoud Ahmadinejad as president for a new four-year term, describing him as "courageous". In a sign of the escalating feud between rival political factions over Ahmadinejad's hotly disputed re-election, key opposition leaders were absent from the ceremony. Images of the endorsement ceremony.

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Afghanistan must not revert to terror hub- NATO chief

Anders Fogh Rasmussen said Monday that NATO would help prevent Afghanistan from once more becoming the main hub of international terrorism as he took the helm of the military alliance.

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