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Tuesday, August 4, 2009

How to Dye Your Own Clothes

Audrey Louise Reynolds, a crafty North Carolina-turned-Brooklyn girl, dyes for designers like Bodkin and Wendy Nichol. In this video, she shows us how to make our own dye from strawberries -- and you won't believe how easy it is! For custom orders and more information, go to alrdyeing.com.

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Clinton, Journalists Depart

US President Bill Clinton leaves Pyongyang accompanied by American journalists Euna Lee and Laura Ling after North Korean leader Kim Jong Il pardoned the women from their 12-year prison sentences.

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U.S. Journalists Released

Former President Clinton leaves North Korea with two released U.S. journalists. (Asia Confidential)

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Standard Chartered Earnings Growth

Standard Chartered Bank raises $1.7 billion in share sale after the first-half profit beat estimates. (Asia Confidential)

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Hedge Fund Deal Goes Prawn

European Union law to regulate hedge funds may stifle industry and may affect half of Asian assets. (Asia Confidential)

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Evening News Online, 08.04.09

Tuesday: President Clinton met with N. Korea's leader Kim Jong II on what U.S officials said was a personal trip; Also, The Dept. of Transportation said Cash for Clunkers will not be discontinued.

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Yamaha's Deadly Rhino

An exclusive CBS News investigation finds that since its debut in 2003, the Yamaha "Rhino" has been linked to 59 deaths and hundreds of injuries and lawsuits. Armen Keteyian reports.

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Cambodia To Open Stock Market In 2010

Cambodia plans to open stock market in 2010 and targets 20 companies to sell shares. (The Bloomberg Edge)

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Sri Lanka Seeks Investors

Sri Lanka looks to Soros and Mobius to bolster market. (The Bloomberg Edge)

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Discreet Drive-In Theatre

Drive-in movies used to be the thing, but today the multi-plex rules and most drive-ins are extinct. As Daniel Sieberg reports, some die-hard movie geeks are determined to bring the drive-in back.

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Journalists Freed in N. Korea

President Clinton met with North Korea's leader Kim Jong II. Barry Petersen reports on the mission that secured the freedom of the two American journalists.

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Cash for Clunkers to Continue

The Dept of Transportation secretary said Cash for Clunkers will not be discontinued, a decision that was based on a pending Senate vote for an extra $2 billion in funding. Nancy Cordes reports.

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Indonesia's Economy To Grow

Indonesia may lower its interest rate and its consumer prices rise 2.7% in July which is the smallest gain since June 2000. (The Trade)

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Copper Prices Are At 10-Month High

Copper climbs to 10-month high as pending U.S. home sales gain. (The Trade)

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HSBC May Sell Shares In Shanghai

HSBC may be the first foreign company to sell shares in Shanghai and it hires CICC and Citic Securities to sell shares in China. (The Trade)

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Asian Market Bounces Back

Analysis and discussion with HSBC Senior Asia Economist Frederic Neumann. He says economic growth bounces back much stronger in Asia than anywhere else in the world with domestic consumer spending soars in the second quarter. (The Trade)

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U.S. Stock Market Rises

Stocks hit 52-week highs today. (The Trade)

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Australia's Stock Market

Some of the trading volumes are quite high and shares of BHP Billiton are pretty active today. (The Trade)

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Japan's Exports Drop

Exports in Japan fall and Yen rises against all 16 of the world's most traded currencies. (The Trade)

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Yahama Rhino commericial

Yamaha released this commercial for its new Rhino, an off-road vehicle.

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Yahama Rhino commericial

Yamaha released this commercial for its new Rhino, an off-road vehicle.

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Yahama Rhino commericial

Yamaha released this commercial for its new Rhino, an off-road vehicle.

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Notebook- Taconic Tragedy

Katie Couric comments on Diane Schuler's collision with a truck on the Taconic State Parkway that killed eight people. Prosecutors reported there was marijuana and alcohol in her blood stream.

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New Hope For Amputees

A successful hand transplant gave an Iraqi war veteran renewed hope for the future. And, as Wyatt Andrews reports, it also inspired hope for amputees.

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A Chip Plant's High Hopes

When people think of Saratoga Springs, they might think of ponies, but now that area is going from horses to high-tech. As John Bentley reports, a billion dollar semi-conductor plant is in the works.

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Happy Birthday Ms. Thomas

Pres. Obama and Helen Thomas share the same birthday and Ms. Thomas was surprised by the commander-in-chief with birthday cupcakes.

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Town-Halls Heat Up

POLITICO's Josh Kraushaar has the latest on the town-hall protests; FreedomWorks' Max Pappas and DNC's Hari Sevugan with both sides;

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Media News Briefs

Dan Rather Suing Old Bosses at CBS for Bush Report Errors, Seeking $70 Million; Donald Trump Retains Ownership of Atlantic City Gambling Empire; Playboy 2Q Income Rises on Cost Cutting and Successful Media Ventures; Vijay Singh's New $5.7 Million Digs; Lawn Mower Race Gets Stuck in Mud (Bloomberg News)

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Early Backstage- The Joans'

Adam "The Audience Guy" caught up with comedienne Joan Rivers and her entourage of drag doppelgangers.

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Technical Perspective - The Golden Cross

Stock Market Technicals - Analysis and Discussion with Mary Ann Bartels of Bank of America Securities-Merrill Lynch (Bloomberg News)

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Teacher Accused of Sex Abuse

Nicole Howell , a teacher arrested with charges of sex abuse with a student, is fighting back in court, reports Sandra Hughes. Harry Smith talks to the former teacher about her case.

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GOPAC Classic- Aggressive August



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The Impact of a Revolution

Elizabeth Palmer spoke with Middle East scholar Haleh Esfandiari about the significance of the recent revolution in Iran.

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More Perspective - Cash for Clunkers

Roundtable Discussion with Chrysler Dealer David Kelleher, Autoconomy.com President Erich Merkle, CSM Worldwide Auto Analyst George Augstaitis, and Edmunds.com Analyst Jessica Caldwell (Bloomberg News)

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The Summer of Joan

Comedienne Joan Rivers spoke with Maggie Rodriguez and Harry Smith about her upcoming reality show and Roast on Comedy Central.

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Joan's Message To Madoff

Comedienne Joan Rivers sent famed ponzi schemer Bernie Madoff a message in prison.

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Market Close 8.4

All Three Major Indexes Each Rise Less Than 1%; Kraft Reports 2Q EPS, Boosts Forecast; Caterpillar Adds Eighteen Points to Dow Jones Industrial Average; PPL Profit Drops; Whole Foods Markets Reports 3Q EPS - Act. $0.25 vs. Est. $0.20 (Bloomberg News)

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Inside Look - Cash-for-Clunkers Program

Interview with Transportation Secretary Ray LaHood (Bloomberg News)

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Airport Timeliness

Amy Farley from Travel + Leisure magazine tells Maggie Rodriguez about a recent survey of the worst airports with delays and advice for how to be well prepared.

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Inside Look - Battlefield Lessons

Interview with General Anthony Zinni, BAE Systems Chairman/Acting CEO and Author of "Leading the Charge" (Bloomberg News)

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Update - Cash-For-Clunkers

Foreign Automakers Reap Big Gains From "Cash for Clunkers" Program (Bloomberg News)

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In-Depth Look - Wall Street Refugees

Refugees of Wall Street Firings Emerging Beyond Confines, Heading to Smaller Firms Outside of New York (Bloomberg News)

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Mortgage Modification Efforts Not Helping Home Prices

Interview with PIMCO Mortgage Bond Chief Scott Simon (Bloomberg News)

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M&A News - Pepsi's Sweetened Bid for Bottlers

Pepsi Buys Its Biggest Bottlers for $7.8 Billion, Up From $6 Billion; PepsiCo to Control 80% of North American Market (Bloomberg News)

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View from the Floor - Flash Traders Under Fire

Live! From NYSE Trading Floor - Interview with Justin Schack of Rosenblatt Securities (Bloomberg News)

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More Perspective - High Frequency Trading

Analysis and Discussion with Joseph Saluzzi of Themis Trading (Bloomberg News)

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Cooking with Mangoes

Food Network's Daisy Martinez gave Harry Smith and Maggie Rodriguez quick tips for cutting and cooking mangoes.

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Housing Outlook - Pending U.S. Sales of Existing Homes Rise

Pending Home Sales Surge - Analysis and Discussion with Peter Boockvar of Miller Tabak (Bloomberg News)

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Market Outlook - A Wrinkle in an Otherwise Improving Economy

Analysis and Discussion with Kevin Caron of Stifel Nicolaus & Co. (Bloomberg News)

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Return to Summer of the Shark

Krishna Thompson, survived a shark attack during "the summer of the shark," he describes his ordeal to Maggie Rodriguez. Discovery channel's Andy DeHart comments on what to do during an attack.

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Inside the Secret Service

Inside The President's Secret Service author Ronald Kessler reveals to Harry Smith some of his new tell-all book on the men who protect the president.

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Today in Washington - Financial Regulatory Hearing

Senate Banking Hearing Today on Streamlining Financial Budget; According to FDIC Chair Sheila Bair, Regulatory Panacea Not Effective for Oversight; Federal Reserve Plans to Strengthen Examinations of Lending Practices (Bloomberg News)

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Jon and Kate's Season Return

Reality couple Jon and Kate Gosselin show their lives for the first time after announcing their separation in the new season of "Jon & Kate + 8", reports Julie Chen.

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Commodity to Watch - Ethanol

A Perfect Commodity Storm - The Price is Right to Make Ethanol (Blooomberg News)

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Afternoon Business News Briefs

According to Presidio Survey, Compensation is Not Performance-Based; HSBC Aims to Sell Shares in Shanghai, Said to Hire CICC and CItic; Ex-MetLife CEO Robert Benmosche Replaces Edward Liddy as AIG's New CEO; Buffett's Berkshire Hits $100K a Share

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Special Report - The Future of Speed Trading

According to NY Senator Charles Schumer, SEC Plans to Ban "Flash Trades" of Stocks in U.S. (Bloomberg News)

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Secret Service Stories

A former Secret Service agent published a book that recounts years of protecting past Presidents and their family. Harry Smith reports.

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International Business News Briefs

Morocco's Cactus Economy; Royal Mint Doubles Gold Coin Output (Bloomberg News)

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Emerging Market Spotlight - Africa

Analysis and Discussion with Hurley Doddy of Emerging Capital Partners (Bloomberg News)

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The Currency Report - Canadian Dollar

Stocks and Loonie Move Hand in Hand; Loonie Moves in Same Direction as Oil Prices; Loonie Follows Euro, Dollar-Loonie Party May Be in the Cards Too (Bloomberg News)

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'Crash' for Clunkers?

In need of billions, the popular Cash for Clunkers program may hit a road block with Senators refusing to fund it, reports Nancy Cordes. Maggie Rodriguez talks to Sen. Jim DeMint R-S.C.

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It Pays to Shop Around

Americans spend billions on prescription drugs every year but as Susan Koeppen reports, drug prices vary by pharmacy.

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Survey Says - Why Aren't the Biggest Banks Lending?

Modification System is Swamped; Treasury to Shame Banks into Mortgage Fixes? (Bloomberg News)

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Inside Mid-Air Emergency

Continental Airlines flight 128 hit turbulence and shook violently in the air, severely injuring passengers. Harry Smith spoke with one of the passengers who attended to the injured.

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In-Depth Look - Germany Pushing Magna for Opel

Germany Providing $2.2 Billion in Short-Term Loans (Bloomberg News)

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Inside Jackson Estate Trial

Katherine Jackson withdrew her request to be an executor of Michael Jackson's estate, but the Jackson matriarch did get full custody of her late son's children. Ben Tracy reports.

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Bill Clinton in N. Korea

There's hope for two imprisoned U.S. journalists, but North Korea may be playing at high-stakes diplomacy, reports Barry Petersen. Harry Smith talks to national security analyst Juan Zarate.

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In-Depth Look - Crude Oil Prices Fall From 7-Week High

Interview and discussion with Ira Eckstein of the AREA International Trading. He talks about the sudden decline in oil after its seven-week high. (Bloomberg News)

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In-Depth Look - Pending Home Sales Reaction

Interview and discussion with Roger Kubarych of the Unicredit Global Research. He says housing builders are still struggling. (Bloomberg News)

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Home Builder Red Ink Rolls In

Second quarter new home orders rise compared to the first quarter. (Bloomberg News)

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Is Kraft's Turnaround Taking Root?

Kraft's profit margins shrinks for the last seven years. (Bloomberg News)

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BMW 2Q Profits Fall 76%

BMW reports a 76% decline in shares. (Bloomberg News)

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In-Depth Look - Cash For Clunkers Boost July Car Sales

Interview and discussion Harm Bandholz of the UniCredit Market & Investment Banking. He says we may have another good month with the help from the clunker program. (Bloomberg News)

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In-Depth Look - BofA Management Shake Up

Interview and discussion with Jonathan Finger of the Finger Interest. He says he prefers Krawcheck over the others to take over Bank of America. (Bloomberg News)

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Ex-Goldman Trader Negotiates Deal - New York Post

Ex-Goldman trader negotiates a plea deal. (Bloomberg News)

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In-Depth Look - Simon Property Group Earnings

Interview and discussion with Richard Milligan of the Raymond James & Associates. He talks about Simon property earnings. (Bloomberg News)

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Inside Look - Spectra Energy 2Q Earnings

Interview and discussion with the Spectra Energy C.E.O., Gregory Ebel. He talks about their second quarter earnings. (Bloomberg News)

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Inside Look - Spectra Energy 2Q Earnings

Interview and discussion with the Spectra Energy C.E.O., Gregory Ebel. He talks about their second quarter earnings. (Bloomberg News)

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In-Depth Look - The New Off-Wall Street Crowd

Interview and discussion with Kennedy Associates C.E.O., Jason Kennedy. He talks about the alternatives money making solution for Wall Street's firms. (Bloomberg News)

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In-Depth Look - Bank Of America Management Shake-Up

Interview and discussion with Paul Miller of the FBR Capital Markets. He says Bank of America management is to put its stamp on the board. (Bloomberg News)

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AIG's New CEO

A.I.G. names Robert Benmosche as its fifth C.E.O. (Bloomberg News)

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Standing Room Only $29!

Dallas Cowboys tickets sold for only $29. Bring your own seat. (Bloomberg News)

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Burress Indicate By Grand Jury

Burress face up to 15 years in jail after being indicated. (Bloomberg News)

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The Future Of Trading - High Frequency

N.Y.S.E. oppose flash orders. Where some customers see trading data before others. (Bloomberg News)

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Japanese Bonds Vs. Treasuries

Japan's 10 year bond sits below U.S. treasuries. (Bloomberg News)

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Apple & Google's Rivalry Heats Up

Apple & Google's competition heats up. Google's C.E.O. leaves Apple's board to avoid conflict. (Bloomberg News)

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Leverage Loans Bounce Back

Leverage loans bounce back after hitting December low under 60 cents. (Bloomberg News)

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Treasury To Shame Banks Into Mortgage Fixes?

Federal government wants banks to modify toxic mortgages. (Bloomberg News)

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Nationalized Northern Rock Reports 1H Loss

Northern Rock is expected to post loss around 600 million dollars. (Bloomberg News)

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Who Wants To Be A CEO?

Bank of America battle for C.E.O. begins. (Bloomberg News)

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Trump Buys Own Firm Out Of Bankruptcy

Donald Trump buys one of his own companies out of bankruptcy. (Bloomberg News)

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Berkshire Hathaway Stocks Hits $100,000

Berkshire Hathaway stocks hits $100,000 per share. (Bloomberg News)

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Xstrata Reports Slumping First Half Profits

Xstrata profits are below analyst expectations. (Bloomberg News)

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In-Depth Look - UBS Third Quarterly Loss

Interview and discussion with Ralph Silva of the Tower Group. He discuss the numbers out for U.B.S. (Bloomberg News)

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UBS Posts $1.3B Loss For 2Q

U.B.S. reports a third straight quarterly loss. (Bloomberg News)

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Bill Clinton In North Korea

Former President Bill Clinton takes a surprise visit to North Korea to try to get the two journalists release who were sentenced to hard labor. (Bloomberg News)

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Senate Shift On "Cash For Clunkers"

Cash for clunkers program gets two billion dollars from the Senate. (Bloomberg News)

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Asian Market Check

Asian stocks fluctuate but commodity producers climbs with higher oil and metal prices. (Bloomberg News)

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European Market Check

U.B.S. and B.N.P. beats analysts expectations. (Bloomberg News)

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City Room- The House That Jessy Built

Jessy Hall, 70, maintains a sense of family and community inside his Ft. Greene, Brooklyn shop where he has cut and styled hair for four decades.

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Asia Pacific- India's Sugar Rush

With sugar production down sharply and demand fairly steady, India could have to import as much as one-third of all the sweet stuff it uses.

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A facelift for Turkey's traditional sailing vessels

A favourite with visitors to the Turkish coastal resorts - gulets. These traditional sailing vessels are now moving into waters -- the luxury market.

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Clinton arrives in Kenya on start of Africa tour

US Secretary of State Hillary Clinton arrived Tuesday in Kenya for the first leg of a seven-nation, 11-day tour of Africa.

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New York chapel offers gay marriage service

It only costs a few dollars to get hitched in a small chapel. But it is located in Manhattan, not Las Vegas. It's the first budget wedding chapel in the city, and even offers a special ceremony for gays and lesbians.

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Morocco bans French and Moroccan newspapers

Two major Moroccan magazines as well as the French daily Le Monde were taken off news-stands in Morocco after publishing an opinion poll on the 10 years under the reign of King Mohammed VI. Even though the poll showed that Moroccans have an overwhelmingly positive view of their monarch, authorities explained their action by saying that the monarchy "cannot be the object of debate."

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Georgian town remembers war with Russia one year on

The Georgian town of Gori remembers the war with Russia one year after its occupation. Although there are few traces of the conflict, the memory of the war is still fresh.

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Israel tries to woo radio listeners in Iran

The Voice of Israel is, as its name indicates, a product of the Jewish state. But it broadcasts entirely in Persian. From Jerusalem, its journalists seek to reach listeners in Iran.

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Farmers fight for water in northern China

Farmers in northern China must dig ever deeper wells to find water to irrigate their fields as supplies in local reservoirs are earmarked for those living in nearby Beijing. The capital and its surrounding area has suffered a drought for much of the last decade.

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