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Tuesday, August 25, 2009

DailyCandy Pancake Eating Contest

When we got word of a brilliant new creation called the ChefStack, an awe-inspiring machine that can churn out 200 perfect pancakes an hour, three words came to mind: Pancake. Eating. Showdown. In today’s video, three carefully selected DailyCandy gluttons go head-to-head to see who can finish his or her plate of hot-off-the-conveyor flapjacks the fastest. For more information on the ChefStack pancake maker, go to chefstack.com

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Japan's Ivote

Ivote is a website set up by eleven university students to encourage young people to vote and it also sends out e-mail alerts. (Asia Confidential)

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Malaysia Recovers From Slump

Malaysia leaves key rate at 2% for four straight meeting. (The Bloomberg Edge)

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Oil Explorers' Profit Falls

Oil Search's first-half profit falls by 87% and Australian Worldwide Exploration's full year earnings drop by 66%. (The Bloomberg Edge)

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Nintendo Shrinks Back

Nintendo's defensiveness and prospects make it a monster stock but it's gone by 67%. (The Bloomberg Edge)

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Bernanke's Impact On Bond Market

Analysis and discussion with the Manager of JF Asian Total Bond Return Fund Stephen Cheng. He says they see volatility continues to decrease in the bond market and that should be a good backdrop for corporate bonds to continue to outperform. (The Bloomberg Edge)

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South Korean Bond Returns

South Korean companies dominate Asian bond markets this year. (The Trade)

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Lowe's Bets On Australia's Home Starts With Woolworths

Lowe's will team up with Woodworths to enter Australia's $24 billion hardware market. (The Trade)

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Air China Profit Doubles

Air China profit surges to 134% on the first quarter. (The Trade)

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U.S. Stocks May Head For Correction

Roubini says chance of double-dip recession is due to risks related to end stimulus. (The Trade)

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Japanese Exporters Rise

Confidence rises more than the expected forecast and Panasonic leads the gains in consumer electronics. (The Trade)

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Westfield Reports Loss

$17 billion government stimulus in the form of cash handouts help avoid recession. (The Trade)

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Gorgon LNG Project Wins Approval

Australian Environmental Minister says the approval is granted for $42 billion gold and gas project. (The Trade)

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My Summer 'Haycation'

The Times's Kim Severson spends a weekend at Stony Creek Farm in the Catskills, a farm that offers vacationers a chance to camp in a tent, milk goats and pick vegetables.

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Chris Brown sentenced to 5 years probation

Disgraced R&B star Chris Brown was sentenced to five years probation and 180 days of community labor on Tuesday (August 25) for beating up his then-girlfriend, pop singer Rihanna.

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Chris Brown sentenced

The latest celebrity news including the sentencing of singer Chris Brown, actress Jessica Biel is dangerous and Nick Jones looks to hit the campaign trail, someday

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Bernanke weathers stormy first term

After a whirlwind year spent fighting the global financial crisis, Ben Bernanke gets President Barack Obama's nod for a second term as Federal Reserve chairman.

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Jackson Doc Under Scrutiny

No criminal charges have been filed against Michael Jackson's doctor, but as Ben Tracy reports, there are new questions about what Dr. Conrad Murray did the day the singer died - and when he did it.

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Business Update- Economic hope rises

Wall Street rallied for the sixth time in five sessions after signs of improvement on the housing and consumer fronts and the reappointment of Federal Reserve Chairman Ben Bernanke boosted economic recovery hopes.

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The Dangerous 'Lionfish'

Scientists are tracking an exotic fish called a 'lionfish' that has become a bully in the ocean. As Kelly Cobiella reports, no fish will go near the lionfish, let alone eat them.

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Tomorrow Show Preview- Slacking 2.0

Coming up on The Tomorrow Show, Mo Rocca takes a look at the future of time wasting and visits social media guru MC Hammer.

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Violence as Votes Are Counted

The first returns from the Afghan presidential vote were released, but were quickly overshadowed by one of Afghanistan's biggest bombings yet. Mandy Clark reports.

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Graphic Texting & Driving PSA

WARNING GRAPHIC CONTENT: A video made for British high schools to demonstrate the dangers of texting while driving has shocked many with graphic car crashes. Richard Roth reports.

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America's Rising Debt

With the recent White House announcement that the U.S. deficit will nearly double over the next 10 years, Anthony Mason reports that taxes will most likely increase nationwide.

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Obama Keeps Bernanke at Fed

Amid an ongoing worldwide fiscal crisis, President Obama says that he will nominate U.S. Federal Reserve chairman Ben Bernanke to serve for a second term in that position. Chip Reid reports.

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CDC's New H1N1 Plan

The CDC has unveiled a new initiative to help in the fight against the H1N1 virus. One estimate says 2 million of us could come down with the virus. Dr. Jennifer Ashton reports.

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Obama banks on Bernanke

U.S. President Barack Obama made if official Tuesday, announcing that he is reappointing Ben Bernanke for a second four-year term as chairman of the Federal Reserve.

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Sector Focus - Packaged Food

Analysis and Discussion with Alexia Howard of Sanford C. Bernstein (Taking Stock)

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Obama banks on Bernanke

U.S. President Barack Obama made if official Tuesday, announcing that he is reappointing Ben Bernanke for a second four-year term as chairman of the Federal Reserve.

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Investment Strategies - Emerging Market-Exposed Companies

Interview with Alpine Mutual Funds Portfolio Manager Kevin Shacknofsky (Taking Stock)

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Notebook- Julia Child

Katie Couric speaks about how Julia Child spiced up the lives of millions who bought her cookbooks and watched her famous TV show. Bon Appetit!

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In-Depth Look - Making Money Off YouTube

YouTube Users Able to Make Money If Uploaded Videos Go Viral Enough (Bloomberg News)

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NY Clerk Wrestles Robber

New York Store Clerk Managed to Thwart a Gun-Toting Robber during a Caught-on-Tape Wrestling Match

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More Perspective - 2010 Budget Deficit

Roundtable Discussion with Committee for Responsible Federal Budget President Maya MacGuineas and Harvard University Economics Professor Jeffrey Miron (Bloomberg News)

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Economic Expectations - What Lies Ahead for Ben Bernanke

Interview with Encima Global President David Malpass (Bloomberg News)

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Lethal dose of propofol killed Jackson

Los Angeles chief medical examiner finds Michael Jackson died from a lethal dose of propofol.

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Market Close 8.25

All Three Major Indexes Each Rise Less Than 1%; Big Lots Earnings Beat Sends Shares Higher by 6.5%; Energy Worst Performer of the Day After Oil Falls to $71 Level (Bloomberg News)

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Inside Look - 2010 Budget Deficit

Budget Deficit Predictions - Interview with Former CBO Director Douglas Holtz-Eakin (Bloomberg News)

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In-Depth Look - Forcing Fed to Disclose Details

Judge Says Fed Must Release Loan Info (Bloomberg News)

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Lethal dose of propofol killed Jackson

Los Angeles chief medical examiner finds Michael Jackson died from a lethal dose of propofol.

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Another Look - Bernanke Nominated to Second Term

Interview with White House Economic Adviser Jared Bernstein (Bloomberg News)

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More Perspective - Bernanke's Next Four Years

Interview with Former Fed Governor Laurence Meyer (Bloomberg News)

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Inside Look - Tracking College Admissions

Ponoma College Expands No-Loan Program - Interview with Dean of Admissions Bruce Poch (Bloomberg News)

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Unplugged- Controversy Over VA's "Death Book"

The Department of Veterans Affairs' pamphlet, which provides end-of-life counseling, has critics calling it a "death book." Nancy Cordes spoke with Huffington's Post's Marcus Baram, Aging With Dignity's Jim Towey, and VA Chaplain Juliana Lesher.

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Business Update- Wall Street applauds Bernanke

Stocks rallied one percent by mid-session as the reappointment of Ben Bernanke as Federal Reserve chairman was met with pleasure.

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Business Update- Buy for Opel?

Oil prices could level out at 73 dollars a barrel by 2010. Germany's GDP for the second quarter showing signs of positive recovery.

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Inside Look - CitiMortgage's Focus on Foreclosures

Interview with Eric Eve, Head of CitiMortgage (Bloomberg News)

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Commodities to Watch - Gold, Silver

Precious Metals Rising in Today's Trade as Investors Buy Gold and Silver Stocks (Bloomberg News)

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Ben Kingsley talks

Ben Kingsley is Dead Man Walking

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Inside Look - Obama Nominates Bernanke for Second Term

Interview with White House Economic Adviser Austan Goolsbee (Bloomberg News)

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Adam Sandler talks "Funny People"

Adam Sandler joins the cast and crew of "Funny People" in London

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In-Depth Look - Who Saw the Crisis Coming?

The Queen and the Crisis - Queen Elizabeth II Asks Why So Many Economists Missed the Financial Crisis (Bloomberg News)

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Visually Impaired May Drive

New technology speaks to drivers with cues for driving, making it possible for the visually impaired to get behind the wheel of a car one day, reports Daniel Sieberg.

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Obama taps Bernanke for 2nd term

U.S. President Barack Obama has nominated Ben Bernanke to a second term as chairman of the Federal Reserve.

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Jonas Brother discusses diabetes

Teen rocker Nick Jonas talks about Diabetes

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Truck bomb wounds 42 in Thailand

A bomb explodes outside a restaurant full of civil servants in southern Thailand, leaving four people seriously hurt.

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Semenya returns home amid gender row

South African 800-metre runner, Caster Semenya, returns home to a rapturous welcome amid an ongoing gender controversy.

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GM may consider keeping Opel

GM's chief negotiator in the sale of German carmaker Opel meets with German government representatives, amid rumours GM may want to keep Opel.

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Sector to Watch - Retail

Staples Profit Matches Analyst Estimates But Down 38% from a Year Ago; Retail Stocks on Steroids - Retail ETF Up 57% YTD; Big Lots Beats Expectations, Shares Rise Nearly 8%; According to Goldman Sachs, Retail's Gross Margins Are Up, Sales Turning, and Guidance Increasing (Bloomberg News)

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Housing Outlook - Home Prices Have Bottomed

Encouraging Road Sings for Housing - Analysis and Discussion with Guy LeBas of Janney Montgomery Scott LLC (Bloomberg News)

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Ex-Guantanamo inmate speaks of abuse

Detainee Mohammad Jawad returns home to Afghanistan after his release from Guantanamo, and says he and other prisoners were routinely abused.

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International News Briefs

Greece's Worst Wildfire in Two Years Leaves No Injuries But Many Homes Scorched; Rumors Fly That Greek Interior Minister Has Resigned; James Bond Studio Pinewood's First Half Profit Down 61%, Blames Strike (Bloomberg News)

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Inside Look - Bank of Israel Raises Interest Rates

Analysis and Discussion with Shlomo Maoz of Excellence Nessuah Investment House (Bloomberg News)

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Media & Tech News Briefs

Wikipedia Checks Facts; Apple Works on Reader; Yahoo! in Middle East (Bloomberg News)

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The Currency Report - British Pound

Pound Falls Under Pressure on Growth Concerns (Bloomberg News)

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Ecover operates green

CORPORATES AND CARBON: Ecological detergent company Ecover is actively pursuing innovative measures to meet the demand of environmentally conscious customers.

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Exclusive - Explosion Rocks Southern City Kandahar

Live! Coverage from Kabul: At Least 8 Killed in Afghan Explosion (Bloomberg News)

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Nigeria gunmen surrender weapons

Hundreds of Nigerian militants surrender their arms as part of a federal amnesty programme aimed at stemming unrest in the oil-producing Niger Delta.

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Bank Of Israel Raises Interest Rates

Israeli stock market surges to the highest level. Investors perceive the interest rate increase as a sign that Israel is emerging out of a recession. (Bloomberg News)

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In-Depth Look - Reaction To CaseShiller, Home Price Index

Interview and discussion with Julia Coronado of BNP Paribas. She talks about the reappointment of Ben Bernanke as Fed Chairman and the housing price index. (Bloomberg News)

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Alli Weight Loss Warning

Reports of liver damage when using the over-the-counter weight loss pill Alli are under investigation. Dr. Holly Phillips explains to Maggie Rodriguez.

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In-Depth Look - Big Budget Blues

Interview and discussion with James Horney of the Center on Budget and Policy Priorities. He talks about U.S. budget deficits, he says deficit reduction efforts would've made economy worse. (Bloomberg News)

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Market Open 8.25

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

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Three Meals in One

New Orleans Chef Tory McPhail showed Maggie Rodriguez and Chris Wragge how to get creative with leftovers.

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Planning Play-Dates

Maggie Rodriguez spoke with Mom Central's Stacy Debroff about how to ensure kids play safely together.

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In-Depth Look - Vote Of Confidence From Obama

Interview and discussion with Sen. Ted Kaufman of Delaware. He gives his thoughts on Ben Bernanke's reappointment. He says Bernanke helps steer economy through difficult time. (Bloomberg News)

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Fla. Girl Stuck in Pool Drain

Rescuers speak to Chris Wragge of cutting away concrete in a pool wall to free a young girl's arm stuck inside a drain pipe.

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In-Depth Look - Bernanke Name To Second Term

Interview and discussion with Bill King of the King Report. He talks about the housing data and Ben Bernanke's reappointment as Fed Chairman. (Bloomberg News)

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Car and horse collision in Brazil

A motorist in Brazil ignores warnings to slow down and crashes into a horse on a busy highway, killing the stray animal.

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Save with Generic Brands

Financial contributor Vera Gibbons showed Maggie Rodriguez how generic brands can save you money without sacrificing quality.

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Wis. Hero Mayor Speaks

Milwaukee, Wis. Mayor Tom Barrett stepped in to save a woman holding a baby from an attacker and was beaten with a pipe. He told his story to Julie Chen.

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Japanese PM Aso casts vote

Japanese Prime Minister Taro Aso casts his ballot ahead of the general election on August 30.

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Discovery Launch Scrubbed

N.A.S.A. tries to launch the space shuttle discovery tomorrow after its cancellation today because of the weather. (Bloomberg News)

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Redefining Motherhood

Technology has helped redefine motherhood by offering women the option of in-vitro fertilization and surrogacy. Dr. Jennifer Ashton talks with two mothers about the changing nature of motherhood.

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Jackson Meds Explained

Forensic science expert Dr. Lawrence Kobilinsky explains the effect of all the drugs administered to Michael Jackson. Lisa Bloom analyzes legal implications for Dr. Murray.

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Latest Jackson Timeline

Gaps in the timeline before Michael Jackson's death lead to questions as the Los Angeles coroner makes a homicide ruling, reports Sandra Hughes. Hattie Kauffman reports on Dr. Murray.

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Murder and Suicide

Investigators working on the murder-suicide of reality TV star Ryan Jenkins believe he had an accomplice, Michelle Gielan reports. Jenkins' reality TV colleagues spoke about his behavior on the show.

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In-Depth Look - Demon Of Our Own Design

Interview and discussion with the author of the "A Demon of Our own Design", Richard Bookstaber. He talks about his new book about the economy. (Bloomberg News)

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Probe into C.I.A. Torture

President Obama banned torture but officials say terrorist interrogation techniques prevented attacks, Bob Orr reports. Analyst Dan Bartlett spoke on the possibility of a criminal prosecution.

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Johan Santana Out Until 2010

Mets star pitcher gets elbow problem and he needs surgery. (Bloomberg News)

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Business Update-Toyota raises output

Toyota plans to raise its Japan production thanks to a recovery in auto sales driven by government incentives.

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In-Depth Look - Bernanke And Inflation - Hatzius

Interview and discussion with Goldman Sachs' Chief U.S. Economist, Jan Hatzius. He talks about Ben Bernanke's reappointment and he shares his insights about the market inflation. (Bloomberg News)

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Second South Korea space setback

After an aborted first launch attempt, South Korea successfully sends a rocket into space but fails to put the payload -- a scientific satellite -- into its planned orbit.

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In-Depth Look - Second Term For Bernanke

Interview and discussion with Barclays Capital's Michael Pond. He talks about the reappointment of Ben Bernanke as Fed Chairman and its effect in the economy. (Bloomberg News)

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Court Rejects Delaware Sports Gambling

A federal appeals court rejects Delaware plan to allow Las Vegas-style sports gambling. (Bloomberg News)

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King James In China

N.B.A. sends King James to China to promote its brand. (Bloomberg News)

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Goldman Trading Tips Examine - WSJ

Securities regulators weekly examine meetings at Goldman Sachs after a report that Goldman shares a short-term trading tips with preferred traders and clients. (Bloomberg News)

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In-Depth Look - Bernanke's Reappointment

Interview and discussion with the President of Fact & Opinion Economics, Robert Brusca. He talks about Ben Bernanke's reappointment. (Bloomberg News)

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Weekly Economic Insights- Spending Spike Evaporates

Americans reported spending an average of $62 per day in stores, restaurants, gas stations, and online in the week ending Aug.23, down from $79 in the week prior.

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Sony's Wireless Winner

Sony unveils its new reader that can download books wirelessly. (Bloomberg News)

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Giant origami in Japan

The world's largest origami dinosaur made from 25 square metres of paper is brought to life in Tokyo.

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So Goes Small Biz. So Goes Staples

Staples sales down by 6.8%. Retail stock shares move higher. (Bloomberg News)

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1,400 More Employees For Citi

Citigroup adds staff to help modify delinquent mortgages. (Bloomberg News)

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FDIC Lowers Requirements To Buy Banks

F.D.I.C. plans to lower purchasing banks requirements for private equity firms. (Bloomberg News)

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Luxury Hotels Lose Their Stars

Some luxury hotels reduce the level of their service until the industry recovers. (Bloomberg News)

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Skadden Arps Cuts Jobs

Skadden cuts half law school graduates to hire next summer. (Bloomberg News)

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Yahoo Purchases Maktoob, Enters Mideast

Yahoo buys Arabic language internet company, Maktoob. (Bloomberg News)

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Altria Must Pay $13.8M To Smoker's Daughter

Altria needs to pay $13.8 million for a smoker's daughter who died with cancer. (Bloomberg News)

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Former Merrill Brokerage Chief Sues BofA

A former Merrill Lynch's brokerage unit sues Bank of America for preventing him from taking another job. (Bloomberg News)

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Fed Must Release Loan Papers - Judge

Fed now need to name financial firms got an emergency loans last fall. (Bloomberg News)

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European Market Check

Industrials stocks lead the fall of European market. (Bloomberg News)

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Asian Market Check

Asian stocks drop in today's opening. (Bloomberg News)

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Another Term For Bernanke

President Obama, Bernanke to appear together on Martha's Vineyard. (Bloomberg News)

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JAL eyes $1.1 billion cost saving

Japan Airways may split operations to cut costs and focus on more lucrative business travel as it struggles to restructure.

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Three dead in Israel tunnel attack

Isreali aircraft bombed a smuggling tunnel in Gaza, killing three Palestinians, following a day of renewed cross-border violence.

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Bernanke Gets Nod For 2nd Term

President Obama decides to give Ben Bernanke a second term. (Bloomberg News)

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China mine blast kills 11

Eleven mine workers die and three are missing after a gas explosion in a coal mine in China's Shanxi province.

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Comedy "Extract" hits red carpet in Los Angeles

Writer/director Mike Judge tackles the issue of the classic male mid-life crisis in his latest comedy, Extract

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Grilled Pork With Peanut-Basil Sauce

Mark Bittman takes peanut butter beyond the sandwich.

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Style- My Summer 'Haycation'

The Times's Kim Severson spends a weekend at Stony Creek Farm in the Catskills, a farm that offers vacationers a chance to camp in a tent, milk goats and pick vegetables.

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The Minimalist- Grilled Pork With Peanut-Basil Sauce

Mark Bittman takes peanut butter beyond the sandwich.

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