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Thursday, August 20, 2009

Billabong Second-Half Profit Slumps

Billabong's net income falls to $59 million because U.S. consumers cut back their spending. (Asia Confidential)

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LVS Applies For HK Share Offering

Analysis and discussion with the CIO of LGT Bank in Liechtenstein Hans Goetti. He says the gaming companies have been hit hard by the financial crisis across the board but market conditions have improved. (Asia Confidential)

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Most Undervalued Commodity

Natural gas falls to 7-year low that makes it the worst performer on the commodity. (The Bloomberg Edge)

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Afghanistan's Presidential Election

Stephen Farrell reports from Afghanistan on how voters face threats of violence as the Taliban tries to sway the 2009 presidential election.

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Winemakers Struggle With Climate Change

Winemakers in Australia plant Spanish grape varieties and they use sprinklers to help the vines survive the hotter weather. (The Bloomberg Edge)

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Witham Journal

Homebridge Village was supposed to be a thriving community of senior citizens, but because of financial troubles the development has only one resident, 86-year-old Les Harrington.

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China Mobile Profit Drops

CIMB Securities downgrades China Mobile to Neutral from Outperform after profit drops. (The Trade)

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ICBC's Profit Beats Estimates

Industrial Commercial Bank of China and Bank of Communications post better than expected results. (The Trade)

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China Heads For Third Weekly Drop

China stocks are headed for a third weekly drop that makes it the longest ever since October. (The Trade)

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China's Role In International Diplomacy

Former U.K. President Tony Blair likes to see China play a bigger role in Middle East Peace Talks. (The Trade)

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U.S. Stocks Rise On Economic Gains

Data and manufacturing add to evidence that recession may end and AIG expects to repay the government. (The Trade)

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Indonesia Stocks Head Back To Records

Lower interest rates and slow inflation drive consumption up. (The Trade)

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Goldman's Forecast For Japan

Goldman Sachs is bullish in 2010 and sees profits to ramp up by 73%. (The Trade)

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Big Names Drag Australian Stock Market Down

Rio Tinto is down by 1.64% and Westpac shares are down by 1.63%. (The Trade)

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Public Option Supporters Rally on Capitol Hill

About 300 supporters of a public insurance option for health care rally on Capitol Hill as president Obama addresses grassroots activists at the DNC headquarters. Produced by Andrew Satter.

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H1N1, New School Year Concerns

As students prepare to return to school, parents and academic officials remained concern over the highly contagious H1N1 virus. CBS News' Brandon Scott reports from Los Angeles.

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Noble Voyage

Two pals embarked on an ambitious rowing journey undertaking an historical route. And, as Seth Doane reports, the two friends also had a humanitarian mission at hand.

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Credit Card Maneuvers

Following the enactment of a series of sweeping changes to the credit card industry, Kelly Wallace reports that many consumers are still outraged over continuously rising interest rates and fees.

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Colleges Brace For H1N1

As college students now prepare for a new semester, medical correspondent Dr. Jennifer Ashton reports, campuses nationwide are anticipating a potential pandemic of the H1N1 virus.

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Car Dealers Want Cash Back

The popular "Cash for Clunkers" program is winding down and car dealers want their cash back. Ben Tracy reports.

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Health Care Battle Wages On

President Obama assured health care reform supporters that he is not buckling under pressure. Meanwhile, top Democrats are deciding whether to split the bill in two parts. Bill Plante reports.

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Terrorist Celebrated in Libya

The terrorist convicted of taking part in the bombing of Pan Am Flight 103 was released from prison by Scotland. Randall Pinkston reports on the controversial greeting he received in Libya.

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Afghan Voters Threatened

The Taliban has threatened to cut off the fingers of voters in Afghanistan's presidential election. The Taliban is hoping that fear will prevent faith in the election results. Lara Logan reports.

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Don't Take Away My Medicare

At a Florida retirement village, Jewish transplants from the urban North voiced confusion and concern over what effect President Obama's proposed health plan would have on their Medicare benefits.

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Afghan Voters on Edge

As millions of Afghans went to the polls in the country's second ever presidential election, voters felt threatened by the Taliban, particularly in the hostile south. Mandy Clark reports.

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Notebook- HFC's

Katie Couric discusses the environmental damage caused by hydrofluorocarbons used in air conditioners, refrigerators and aerosol cans since the '80s.

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Investment Strategies - Financials in Focus

Analysis and Discussion with Joseph McAlinden of Catalpa Capital (Taking Stock)

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Spotlight - ArvinMeritor

Interview with CEO Charles "Chip" McClure (Taking Stock)

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Interview with John Madden

Madden Speaks on Burress Case, Vick Reinstatement, Favre's Return, and the Madden Video Game Series (Bloomberg News)

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Inside Look - Baseball's Online Powerhouse

Interview with MLB Advanced Media President/CEO Robert Bowman (Bloomberg News)

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Cash for Clunkers Program to Terminate on Monday

According to Transportation Secretary Ray LaHood, Clunkers Program Will End August 24th (Bloomberg News)

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Town Meeting Unplugged

Hear more from the town meeting on healthcare that Dr. Jon LaPook visited in Arlington, Vermont.

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Inside Look - Pressure in Commercial Real Estate

Roundtable Discussion with Sam Chandan of Real Estate Econometrics, Robert Sammons of Colliers ABR, and Lawrence Yun of National Association of Realtors (Bloomberg News)

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Market Close 8.20

S&P Rises 1.1%; Dow Rises Less Than 1%; Nasdaq Rises 1% (Bloomberg News)

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In-Depth Look - High Tech Ads

In September Issue of Entertainment Weekly, CBS to Run Video Ad; According to Media Kitchen President Barry Lowenthal, Speaking Ads are a $2 Million Investment (Bloomberg News)

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More Perspective - UBS Turning Over 4,450 Names to IRS

Hiding Places - Interview with Attorney Asher Rubinstein (Bloomberg News)

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GameStop Cuts 2009 Forecast

GameStop Sees EPS at $2.64, Down From Original Forecast of $2.93; According to CEO, Nintendo Will "Absolutely" Have to Cut Price of Wii to Meet Sales Forecast (Bloomberg News)

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Spotlight - Harris Corp.

Harris on a Mission for Growth - Interview with CEO Howard Lance (Bloomberg News)

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Market Outlook- Rally & Recovery Paid for by Money Printing

Investing in a Volatile Market - Interview with William Fleckenstein (Bloomberg News)

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Unplugged- Afghan Voters Defy The Taliban

Millions of voters in Afghanistan cast their ballots for their next president, despite Taliban threats. Kimberly Dozier spoke with Center for the New American Security's John Nagl and National Defense University's TX Hammes. Lara Logan reports from Helmand Province and Mandy Clark has the latest from Kabul.

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Unplugged- Afghan Voters Defy The Taliban

Millions of voters in Afghanistan cast their ballots for their next president, despite Taliban threats. Kimberly Dozier spoke with Center for the New American Security's John Nagl and National Defense University's TX Hammes. Lara Logan reports from Helmand Province and Mandy Clark has the latest from Kabul.

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Talk of the Town- Black Eyed Peas break record

The latest celebrity and entertainment headlines including the Black Eyed Peas breaking records, Paris Hilton wins in court and 'Twilight' fans have more to look forward to.

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Swiss to reveal UBS accounts

US President Barack Obama has high stakes in the Afghan election after making the war the biggest foreign policy gamble of his presidency.

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Baghdad under attack

At least 95 people were killed in a series of attacks in Baghdad, raising renewed concerns about security gains.

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Mastodon skeleton found in Mexico

Scientists have uncovered the skeleton of a prehistoric Mastodon, an extinct elephant-like beast, in the Mexican state of Oaxaca.

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Obama's Afghan gamble

US President Barack Obama has high stakes in the Afghan election after making the war the biggest foreign policy gamble of his presidency.

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Spotlight - Hotwire.com

Troubled Travel - Excerpt of Interview with Hotwire CEO Clem Bason (Bloomberg News)

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Early Backstage- Photo Shoot

Adam "The Audience Guy" tags along with "The Early Show" anchors on an promotional photo shoot.

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Economic Expectations - Seeing Growth in Third Quarter

Economic Outlook for Second Half of 2009 - Analysis and Discussin with Brian Bethune of IHS Global Insight (Bloomberg News)

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South Korea mourns Kim

South Koreans pay their respects to former leader, Kim Dae-jung, while North Korea confirms they will send a delegation to Seoul.

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Jackson doctor speaks out

Michael Jackson's physician, Conrad Murray, posts a video on YouTube, stressing his innocence and thanking his supporters.

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German shooter kills at least three

A suspected domestic dispute resulted in a shooting in Schwalmtal in Germany, which left at least three dead and several more injured.

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Cult German sausage gets museum

Sixty years after Germany's first currywurst, the sausage gets its own museum.

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First crack in the Berlin wall

Hungary celebrates the 20th anniversary of the Pan-European picnic held on the Hungarian-Austrian border, when hundreds of East German refugees fled to the West.

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South Korea's rocket hiccup

The launch of South Korea's first foray into space is dramatically halted by a technical glitch.

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England train for Ashes climax

A dramatic Ashes series has England and Australia level at 1-1 as they prepare for the final test at The Oval in London which begins on Thursday (August 20).

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Oil slick after Russia dam disaster

Funerals take place for victims of a disaster at a hydro-electic plant in Russia as at least 61 people remain missing.

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Scores dead in Baghdad blasts

The Iraqi capital faces its deadliest day since U.S. troops withdrew from urban centres -- as government buildings are hit in attacks that killed at least 75 people.

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Lance tweets - fans follow

Cycling fans swarm to meet bike star Lance Armstrong and take up his Twitter invitation to join him for a ride around town.

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Jumbo-sized footwear

An elephant at a zoo in England is fitted with her own pair of bespoke shoes after suffering from sore feet.

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Swing Dance craze in Moscow

Russians are hopping and bopping to Swing Dance at a summer festival in Moscow.

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Taiwan village still under mud

Soldiers search for more bodies in a Taiwanese village, buried under mudslides from Typhoon Morakot.

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Scores dead in Baghdad attacks

A series of bomb and mortar attacks on mostly high profile government targets in Baghdad has killed at least 75 and wounded 310.

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Jackson doctor speaks out

Michael Jackson's physican, Conrad Murray, posts a video on YouTube, stressing his innocence and thanking his supporters.

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India is cool in Brazil thanks to hot soap opera.

India emerges as a big hit in Brazil through a popular soap opera staged partly in the South Asian country, providing local viewers a taste of its long lasting traditions.

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Talk of the Town- Black Eyed Peas break record

The latest celebrity and entertainment headlines including the Black Eyed Peas breaking records, Paris Hilton wins in court and 'Twilight' fans have more to look forward to.

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Renee Zellweger plays famous mother

Oscar winning actress Renee Zellweger plays actor George Hamiltons mother

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Renee Zellweger plays famous mother

Oscar winning actress Renee Zellweger plays actor George Hamiltons mother

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Madonna takes it off in Munich

Madonna mesmerises Munich.

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Business Update- Oil surges

The price of crude oil shot higher after a massive drop in inventories. UBS agrees to reveal information on thousands of accounts.

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Swiss to reveal UBS accounts

UBS reached a deal with the US government to hand over account holder names of "interest" to the IRS.

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Obama's Afghan gamble

US President Barack Obama has high stakes in the Afghan election after making the war the biggest foreign policy gamble of his presidency.

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Business Update- Tax Probe

European banks identified as part of international tax probe open new fronts in the US investigation into potential tax crimes.

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Mexican VW workers strike over pay

Workers at the Volkswagen plant in Mexico strike in a dispute over the size of their pay rise.

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The 'pay what you want' video game

The video game manufacturer Eidos is offering downloads of its 2010 Championship Manager for as little as 1 UK penny, as a means of building a following for the franchise.

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Business Update- Asia slides

Sliding Chinese shares weigh on already shaky investor sentiment in Asia, while Sanyo stocks soar on reports Toyota would buy its batteries.

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Sony resets PS3 game

Sony is launching a cheaper, slimmer PlayStation 3 console, hoping to restart a lagging game against rivals Nintendo and Microsoft.

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Business Update- Asia slides

Sliding Chinese shares weigh on already shaky investor sentiment in Asia, while Sanyo stocks soar on reports Toyota would buy its batteries.

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In-Depth look - UBS to Turn Over 4,450 Names to IRS

UBS Investors Kryptonite After Swiss Bank Scandal; Swiss Banks Look for Clients in Emerging Markets (Bloomberg News)

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Commodity to Watch - Nickel

Nickel Bears Watching on Record London Metal Inventories, U.S. Retail Sales, and Stalling Chinese Imports; Nickel Bulls Remain Undeterred (Bloomberg News)

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Gymboree Profits Surge 52%

Gymboree Revenue Increases 5%, Plans to Expand Overseas (Bloomberg News)

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Update - Elections in Afghanistan

Live! Coverage from Kabul, Afghanistan (Bloomberg News)

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In-Depth Look - MLB Advanced Media

Baseball for a Buck is Latest Online Offering (Bloomberg News)

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Brady on Let's Make A Deal

Wayne Brady says "Let's Make A Deal" for a revival of the popular game show and plays along with "The Early Show" audience.

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Track Meet Gender Controversy

A female South African runner competing and winning at the World Track and Field Championships is shrouded in controversy after rumors that she was born a man. Mark Phillips reports.

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Special Report - What Does $80 Billion Get You?

What's in it for PhRMA in Healthcare Reform? - Seniors Stay with Brand Names, Plus 46 Million New Customers (Bloomberg News)

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Housing Outlook - Mortgage Delinquencies Reach Record 9.24%

Interview with Mortgage Bankers Association Chief Economist Jay Brinkmann (Bloomberg News)

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New Credit Card Rules

Financial Analyst Ray Martin spoke with Maggie Rodriguez about the new credit card rules that went into law.

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Swimsuit Model Murdered

Jasmine Fiore, a swimsuit model, was found dead and stuffed in a suitcase. Her husband, a reality TV contestant wanted for questioning has disappeared, reports Hattie Kauffman.

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In-Depth Look - Pensions With Less Cash

Pension Funds Raised $1.2 Trillion This Decade (Bloomberg News)

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Afghan Votes Sparse

Fear of violence is keeping many Afghans from voting in their presidential election, reports Mandy Clark.

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Behind the Cover of Vogue

Maggie Rodriguez spoke with filmmaker R.J. Cutler and Vogue Editor-at-Large Andre Leon Talley about the upcoming documentary featuring Vogue magazine's Anna Wintour.

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Inside Look - The Election in Afghanistan

26 Dead in Afghan Election Day Violence - Interview with Alex Thier of U.S. Institute of Peace (Bloomberg News)

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The Currency Report - Japanese Yen

Yen Could Get Boost from Japan Election, Stimulus Spending May Boost Bond Yields Which Support a Stronger Yen (Bloomberg News)

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Exclusive - AIG's Benmosche Speaks

AIG's New CEO Robert Benmosche Vacationing in Croatia, Speaks to Bloomberg (Bloomberg News)

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Health Care Reform Campaign

President Obama hits the airwaves to defend Democrats' health care proposals, reports Bill Plante. Jeff Glor talks to Mitt Romney who praises the Massachusetts health care plan as a model for reform.

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Health Care Reform Campaign

President Obama hits the airwaves to defend Democrats' health care proposals, reports Bill Plante. Jeff Glor talks to Mitt Romney who praises the Massachusetts health care plan as a model for reform.

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Calif. to Close 100 Parks?

Calif. may soon be closing 100 state parks as a result of the state's budget crisis. John Blackstone reports.

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Calif. to Close 100 Parks?

Calif. may soon be closing 100 state parks as a result of the state's budget crisis. John Blackstone reports.

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In-Depth Look - Rebalancing US-China Relations

Interview and discussion with the Former State Secretary, Henry Kissinger. He says the center of gravity of economic world shift to China. (Bloomberg News)

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Smart Money Buys Ford Shares

Smart money makes Ford shares one of the market's top performers this year. (Bloomberg News)

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Flu Outbreak at Work Guide

Dr. Jennifer Ashton shares recommendations with Jeff Glor for lowering the impact of an H1N1 outbreak in the workplace.

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Flu Outbreak at Work Guide

Dr. Jennifer Ashton shares recommendations with Jeff Glor for lowering the impact of an H1N1 outbreak in the workplace.

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In-Depth Look - World's Most Powerful Women

Interview and discussion with Carol Hymowitz of the Forbes Magazine. She talks about the list of the top 100 most powerful women. (Bloomberg News)

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Behind the Cover of Vogue

Maggie Rodriguez spoke with filmmaker R.J. Cutler and Vogue Editor-at-Large Andre Leon Talley about the upcoming documentary featuring Vogue magazine's Anna Wintour.

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Female Drunk Drivers Up

The number of women arrested for drunk driving has risen by 30 percent. Michelle Miller reports.

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Female Drunk Drivers Up

The number of women arrested for drunk driving has risen by 30 percent. Michelle Miller reports.

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Market Open 8.20

Suzanne O'Halloran is live in the New York Stock Exchange with Teddy Weisberg with the latest updates. (Bloomberg News)

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Swimsuit Model Murdered

Jasmine Fiore, a swimsuit model, was found dead and stuffed in a suitcase. Her husband, a reality TV contestant wanted for questioning has disappeared, reports Hattie Kauffman.

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In-Depth Look - Air Travel To Fall

Interview and discussion with Clem Bason of the Hotwire.com. He says consumers get deals, but ultimately pay more for fees. (Bloomberg News)

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Media Giants Bid On Travel Channel

Three media giants are in fight for Cable's travel channel. (Bloomberg News)

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Dealers Wait for Clunkers Cash

The government's Cash for Clunkers program will run out of money soon, but dealers who support the program say they have yet to receive dime from the government. Terrell Brown reports.

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Dealers Wait for Clunkers Cash

The government's Cash for Clunkers program will run out of money soon, but dealers who support the program say they have yet to receive dime from the government. Terrell Brown reports.

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Plans Develop To End Cash For Clunkers

Obama administration plans to wind down the popular cash for clunkers program. (Bloomberg News)

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In-Depth Look - See-Saw Markets

Interview and discussion with Keith Wirtz of the Fifth Third Asset Management. He talks about the push and pull we are seeing in the market. (Bloomberg News)

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Track Meet Gender Controversy

A female South African runner competing and winning at the World Track and Field Championships is shrouded in controversy after rumors that she was born a man. Mark Phillips reports.

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Main St. Debates Healthcare

Dr. Jon LaPook attends a Vermont town meeting on healthcare reform.

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Main St. Debates Healthcare

Dr. Jon LaPook attends a Vermont town meeting on healthcare reform.

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Afghan Votes Sparse

Fear of violence is keeping many Afghans from voting in their presidential election, reports Mandy Clark.

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Vonnie's Business Flash

Heinz reports first quarter profit of 67 cents a share; Hormel beats estimates with profit reports; Sears post q loss in earnings. (Bloomberg News)

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Don Hewitt Remembered

Don Hewitt shaped a stellar career in television news, even shaping the medium itself during the "CBS Evening News" and "60 Minutes", reports Maggie Rodriguez.

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Don Hewitt Remembered

Don Hewitt shaped a stellar career in television news, even shaping the medium itself during the "CBS Evening News" and "60 Minutes", reports Maggie Rodriguez.

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New Credit Card Rules

Financial Analyst Ray Martin spoke with Maggie Rodriguez about the new credit card rules that went into law.

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New Health Care Strategy

White House sources say they will have a new health reform strategy. As Bill Plante reports, the White House will get tough with their own people to show that some health reform is better than none.

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New Health Care Strategy

White House sources say they will have a new health reform strategy. As Bill Plante reports, the White House will get tough with their own people to show that some health reform is better than none.

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Inside Look - Rio Tinto Net Debt May Hit $20B

Interview and discussion with Rio Tinto's C.E.O., Tom Albanese. He says expects stronger demand as world economies recover. (Bloomberg News)

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Red Sox Take Wild Card Lead

Yankees lost two games in a row; Red sox wins and now with a one game lead for the wild card in the American League. (Bloomberg News)

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Crawford's Video Trail Mix- Defining the Co-ops

CQ Politics blogger Craig Crawford tries to make sense of the talk about health care co-ops and offers up his own idea for a Trail Mix health care plan.

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Merkel is "Most Powerful Woman"

German chancellor Angela Merkel top the world's "100 most powerful women." (Bloomberg News)

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Hewitt Remembers As TV Pioneer

Don Hewitt dies at the age of 86. He is the one who creates "60 minutes" (Bloomberg News)

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BBC Makes Lehman Movie

B.B.C. makes a television movie called "Last Day of Lehman Brothers". Hank Paulson is one of the cast. (Bloomberg News)

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CBS To Run Video Ads In Entertainment Weekly

C.B.S. plans to run video and print ads in Entertainment Weekly September issues. (Bloomberg News)

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Palm CEO Rejects Job's Offer On Recruiting

Palm C.E.O. calls Steve Jobs' proposal wrong and possibly illegal, on recruiting its workers. (Bloomberg News)

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US Life Expectancy Up

The average life expectancy goes to a record 77.9 years, up from 77.7 years in 2006. (Bloomberg News)

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Favre Spurs Ticket Sales

The Vikings sell a record number of tickets since Brett Favre's comeback. (Bloomberg News)

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Patriots Favor To Win Super Bowl

Las Vegas Sports consultant says they favor New England Patriots to win the Super Bowl. (Bloomberg News)

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MySpace To Buy Music Site iLike

MySpace agrees to buy iLike. They plan to add films and games to the website. (Bloomberg News)

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Fidelity's Rodger Lawson Seeks Successor

Rodger Lawson seeks a successor. He says he does not see himself in the role in the next 10 years. (Bloomberg News)

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Rio Tinto First Half Profit Slumps 65%

Rio Tinto posts first half profit that missed analysts' estimates. (Bloomberg News)

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Ron Bloom To Oversee US Manufacturing?

President Obama calls Ron Bloom to oversee U.S. manufacturing companies. (Bloomberg News)

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White House Deficit Lower Than Estimate

White House says the federal deficit this year gets down 14% from the previous estimate. (Bloomberg News)

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Split Health Care Bill In Two

The White House considers a new strategy to pass the health care bill with just democrats. (Bloomberg News)

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Health Care Reform

A poll says 53% of Americans say the government must tackle health care reform immediately. (Bloomberg News)

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Switzerland To Sell $5.6B UBS Sale

U.B.S. hammers out a deal with U.S. and Swiss Government. U.B.S. executive says "we were dealt a punch in the face. We have a bloody nose, but we are still standing." (Bloomberg News)

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European Market Check

Billiton and Rio Tinto move higher as crude is at the highest level. (Bloomberg News)

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Asian Market Check

An economist says the economy are still on the upside, so the market outlook is still fine. (Bloomberg News)

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Asia Pacific- Afghanistan's Presidential Election

Stephen Farrell reports from Afghanistan on how voters face threats of violence as the Taliban tries to sway the 2009 presidential election.

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World- Witham Journal

Homebridge Village was supposed to be a thriving community of senior citizens, but because of financial troubles the development has only one resident, 86-year-old Les Harrington.

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Health- Don't Take Away My Medicare

At a Florida retirement village, Jewish transplants from the urban North voiced confusion and concern over what effect President Obama's proposed health plan would have on their Medicare benefits.

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