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Thursday, August 27, 2009

Malaysia Turns 52

Analysis and discussion with Political Commentator Karim Raslan. He says the biggest challenges should focus on dealing with civil liberties and race relations which are the core and basic challenges of running the country. (Asia Confidential)

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Fact-checking the Health Care Town Halls

CQ Politics recently visited a health care town hall in northern Virginia to fact check some of the claims made by both sides of the overhaul debate.

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Dell Reports Falls In Profit And Sales

Dell's sales to corporations fall by 32% but jumps nearly 7% after profit tops analysts' forecast. (The Bloomberg Edge)

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The Power Of Accelerometer

A tiny chip that detects and measures tilt and acceleration and one in three mobile phones will have accelerometers by next year. (The Bloomberg Edge)

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Prices For Sugar And Arabica Coffee Rally

Sugar increases its demand and Arabica coffee may jump 24% on tight Robusta supply. (The Bloomberg Edge)

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Nephew on Ted Kennedy

Ted Kennedy's nephew Robert F. Kennedy Jr. spoke about his personal memories of the late senator's career, illness, and family life after the public memorial at the JFK Presidential Library in Boston.

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Shipyard And Oil Rig Stocks

Oil price drops and cuts demand for exploration. (The Bloomberg Edge)

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Aquila Resources Surge

Shares of Aquila Resources surge after Baosteel agrees to buy a 15% stake. (The Trade)

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Philippines' Biggest Casino Opens

Philippine billionaire Andrew Tan and Star Cruises open their $700 million resort world casino today in Manila and Macquarie Group says it may earn $37 billion next year. (The Trade)

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Philippines' Biggest Casino Opens

Philippine billionaire Andrew Tan and Star Cruises open their $700 million resort world casino today in Manila and Macquarie Group says it may earn $37 billion next year. (The Trade)

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Japanese Election's Impact On Bond Market

Yields set to rise if DPJ wins election. (The Trade)

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Harvey Norman Shares Soar

Harvey Norman reports full-year net profit of $180 million although its profit falls 40% on property revaluations. (The Trade)

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AIG May Miss Target In Taiwan Sale

Bidders for AIG's Taiwan Life Insurance unit may only offer half asking price. (The Trade)

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Japanese Retailers Plunge

Consumers are cautious and they are concerned about the future and the health care. (The Trade)

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Macquarie Signs Deal With Hengtai Securities

Macquarie Group signs joint venture with Hengtai Securities to move into China. (The Trade)

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Americans flip out for home renovation show

Jeff Lewis is the star of Bravo's "Flipping Out"

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Crowd Bids Farwell to Kennedy

A crowd gathered outside the John F. Kennedy presidential Library in Boston to honor Edward Kennedy. Jim Axelrod was with the senator's constituents who lined the motorcade route to salute him.

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1991 Kidnap Victim Found

A 29-year-old woman who was kidnapped as an 11-year-old child in 1991 turned up at a California police station after 18 mysterious years. Sandra Hughes reports.

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The Man Who Cared

Sen. Kennedy authored 2,500 pieces of legislation in nearly 47 years in the Senate. Some of the laws you've heard of; Katie Couric and John Blackstone talk to some of the people they helped.

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Ted Kennedy's Last Journey

Katie Couric reports on the 70-mile journey of Edward Kennedy's motorcade to the John F. Kennedy Presidential Library where his family and admirers waited to bid farewell to the late Senator.

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The Kennedy Legacy

While the death of Sen. Edward Kennedy may mean the end of a political dynasty, the Kennedy family's contribution to the country continues. Jeff Glor reports.

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Talk of the Town- Madonna booed

The latest celebrity and entertainment news including fans boo Madonna, Muslims banned from Black Eyed Peas concert and Liam Neeson a US citizen.

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Public pays respects to Kennedy

Dozens of Kennedy family members pay respects to the long-serving Senator who was also the patriarch of what is arguably America's most famous political family.

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Brain Cancer Fatalities

Within 15 months of being diagnosed with a malignant brain tumor, Sen. Edward Kennedy died. Dr. Jon LaPook reports on the illness that kills 90 percent of patients within two years.

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Spike Lee adapts Broadway musical to film

After being blown away by Passing Strange on Broadway, Spike Lee turns it into a film

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Talk of the Town- Madonna booed

The latest celebrity and entertainment news including fans boo Madonna, Muslims banned from Black Eyed Peas concert and Liam Neeson a US citizen.

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Xbox, Playstation in price war

Microsoft is slashing the price on its high-end Xbox just days after rival Sony cut the price on its Playstation 3.

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Business Update- Q2 GDP off 1 pct

GDP shrinks less than expected, despite record drop in inventories. Ford ramps up production and stocks hold steady.

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Fact-checking the Health Care Town Halls

CQ Politics visited a recent health care town hall in northern Virginia to fact check some of the claims made by both sides of the overhaul debate.

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Does Paper Get A Bad Rap?

Mo Rocca and Pennsylvania Paper Company President Douglas Fink discuss the future of paper. To find out more about what the future holds for paper visitwww.cbsnews.com/tomorrowshow.

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Reuters Showbiz Week

The top showbiz news and headlines for the week ending August 28, including Michael Jackson's death caused by anesthetic drug, Chris Brown sentenced, and crypt next to Marilyn Monroe still unsold.

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Interview with Jim Glickenhaus

Value Shopping in This Economy - Glickenhaus Offers Investment Strategies (Taking Stock)

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Market Outlook - Prepare for Volatility

Analysis and Discussion with Sentinenal Investments President Christian Thwaites (Taking Stock)

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Money & Sports - U.S. Open 2009

Excerpt of Interview with Serena Williams (Bloomberg News)

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Update - The Future of GM's Opel Unit

GM Chairman Speaks Out, Refuses to Comment on Opel (Bloomberg News)

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Cirque du Soleil boss preps for space journey

Entertainer, business and now astronaut: the founder of the Cirque du Soleil circus Guy Lalibert?ill fulfill a childhood dream when he blasts off into space on September 30. AFPTV caught up with the Canadian billionaire and future space toruist in Russia's Star City. Duration: 01:37

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Americans once again say- Paris, je t'aime

Despite the crisis, tourism in the world's most visited city has resisted the downturn. New statistics released by the city show that after a two-year dip, tourists and notably Americans are back. Duration: 01:50

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Ramadan hits Egypt's struggling tourism industry

The Muslim fasting month of Ramadan comes in the middle of the holiday in Egypt, which has left hotels and tourists devoid of visitors. A disaster for a sector already badly hit by the global economic downturn. Duration: 01:24

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Netanyahu calls for 'crippling sanctions' against Iran

Israeli Prime Minister Benjamin Netanyahu has called for "crippling sanctions" against Iran to stop its disputed nuclear work. After talks with German Chancellor Angela Merkel in Berlin, Netanyahu also expressed hopes for a quick resumption of Middle East peace talks. Duration: 01:31

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Notebook- Kennedy's Humanity

Thousands gathered in Boston at the JFK Library to honor Sen. Edward M. Kennedy. Jeff Glor comments on the late senator's career and how he viewed his causes with humanity.

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More Perspective - FDIC Problem Banks

Analysis and Discussion with Dino Kos of Portales Partners (Bloomberg News)

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Kennedy casket leaves compound

As his wife, Victoria and surviving sister, Jean looked on, Edward Kennedy's casket was placed in a black hearse to begin the 72-mile journey north to Boston.

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More Perspective - Software War Heats Up

Analysis and Discussion with Brian Marshall of Broadpoint AmTech (Bloomberg News)

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Earnings Watch - Dell

Dell Reports 2Q EPS - Act. $0.28 vs. Est. $0.22; Roundtable Reaction with Ashok Kumar of Collins Stewart and Marc Pado of Cantor Fitzgerald (Bloomberg News)

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Market Close 8.27

All Three Major Indexes Each Rise Less than 1% (Bloomberg News)

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Spotlight - Toll Brothers

Exclusive Interview with CEO Robert Toll (Bloomberg News)

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Early Backstage- Center Cube Cafe

Adam "The Audience Guy" stopped by the Center Cube Cafe in "The Early Show" newsroom.

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Economy shrinks less than expected

The economy shrank less than expected last quarter. Boeing's 787 Dreamliner will make its first flight by year's end and luxury home builder Toll reports a rise in new orders.

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Sector Focus - REITs

Analysis and Discussion with Dean Frankel of Urdang Securities Management (Bloomberg News)

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Birdman

Forrest Bird's invention, the respirator, has saved millions of lives and, at 88, he's still living his life to the fullest, flying his airplanes and working 12-hour days. Morley Safer reports.

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The Wasteland

Where does all the e-waste we generate end up? Some of it is shipped illegally from the U.S. to China, reports Scott Pelley, where it is harming the environment and the people who salvage its components.

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Financial WMDs

Steve Kroft examines the complicated financial instruments known as credit default swaps and the central role they are playing in the unfolding economic crisis.

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Unplugged- Health Care After Kennedy

With the passing of "The Liberal Lion," Sen. Ted Kennedy who was an instrumental voice for health care reform, where does the debate stand? Bob Orr spoke with Washington Post's Ezra Klein and Wall Street Journal's Jonathan Weisman. Plus, Unplugged Under 40.

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More Perspective - 2Q GDP Shrinks

A Double-Dip Ahead? - Analysis and Discussion with Derek Holt of Scotia Capital Economics (Bloomberg News)

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Investment Strategies - CVS Caremark, Health Net, Amerigroup

Investing in Healthcare Reform - Analysis and Discussion with Invesco Aim Portfolio Manager Derek Taner (Bloomberg News)

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Sector to Watch - Pharma

Drug Companies vs. Lupus - Human Genome Shares Fall 10%; Immunomedics Shares Rise Nearly 50% Today (Bloomberg News)

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AIG new boss justifies vacation

New AIG boss Robert Benmosche defends his decision to holiday abroad days after becoming the chief executive of the bailed-out American insurer.

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Inside Look - Commodity Crackdown to Come?

Interview with CFTC Chairman Gary Gensler (Bloomberg News)

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In-Depth Look - The Obama-Reagan Connection

Obama Needs Five Quarters of 7% GDP Surge; Reagan Also Signed 25% Tax Cut and Consumer Debt Was Much Lower; Bernanke Must Do Opposite of Volcker - Take Money Out of Economy (Bloomberg News)

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Teenage sailing ambitions

Briton becomes youngest to sail round the world, while Dutch girl is challenged in her efforts by the courts.

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Business Update- Diageo profit loss

Credit Agricole posted better-than-expected profits for their second quarter, while Europe's largest hotel group, Accor, may be calling it splits.

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Powers tussle over Caspian oil

Geology and climate are not the only challenges facing oil companies developing Kazakhstan's vast Kashagan oilfield in the Caspian Sea - the world's single biggest untapped oil reserve.

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Sector to Watch - REITs

REITs Rising - Commercial REIT Stocks Up 62% in Six Months; 21 REITs Have Raised $8 Billion in Debt; $51 REITs Have Raised $15 Billion in Stock; REITs Using Money to Refinance Debt, Pay Down Debt, and Finance Acquisitions (Bloomberg News)

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In-Depth Look - Apple and Microsoft Stop Piling on Features

Microsoft's Windows 7 Succeeds Vista; Apple's Snow Leopard Succeeds Leopard (Bloomberg News)

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Merkel urges Israel settlement stop

German chancellor Angela Merkel ups pressure on Israel to stop building settlements after meeting Israeli prime minister Benjamin Netanyahu in Berlin.

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Powers tussle over Caspian oil rush

Geology and climate are not the only challenges facing oil companies developing Kazakhstan's vast Kashagan oilfield in the Caspian Sea - the world's single biggest untapped oil reserve.

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In-Depth Look - Bloomberg LP vs. Federal Reserve

An Update - Fed Says Disclosing Loans Will Hurt Banks (Bloomberg News)

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McCain Takes Control

At a town-hall in Phoenix, Ariz. Sen. John McCain (R-Ariz.) took matters into his own hands and has an angry protestor escorted out the event.

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Inside Look - FDIC Says Problem Banks at 15-Year High

Analysis and Discussion with Hill-Townsend CEO Gary Townsend (Bloomberg News)

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Today in Washington - FCC to Probe Wireless Competition

FCC Votes Unanimously to Probe Wireless Companies on Anti-Competitiveness (Bloomberg News)

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Less Calories, Great Workout

'Entitlement' food hinders weight loss even if you do a full workout. Registered dietician Keri Glassman explains more to Chris Wragge.

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Oil-rich Gabon prepares for presidential poll

Voters in Gabon are preparing to head to the polls on Sunday to elect a successor to Omar Bongo, who led the oil-rich western African state for 41 years until his death in June. Duration: 00:57.

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Inside Look - Swiss Negotiator Warns IRS May Seek More Data

Interview with Swiss Bankers Association President Urs Roth (Bloomberg News)

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Inside Look - Swiss Negotiator Warns IRS May Seek More Data

Interview with Swiss Bankers Association President Urs Roth (Bloomberg News)

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Roman bronze horse's head found

Archaeologists say a recently-discovered 2000-year-old bronze horse's head is one of the best-preserved relics of its kind ever found in the Roman Empire.

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Japan's military might on display

At the foot of Mount Fuji Japan's Self Defence Forces show off its fire power to the general public

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Sony's green power

CORPORATES AND CARBON: Electronic giant Sony is powering its European sites with electricity from 100 percent renewable sources.

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The Currency Report - U.S. Dollar

Future of the Dollar's Role - French President Nicholas Sarkozy Suggests a Change in World Currency, Speaks on Euro (Bloomberg News)

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There's Something About Wilco

Wilco has been on the music scene for nearly two decades but, as Cynthia Bowers reports, they might be finally getting the mainstream popularity many say they deserve.

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British teen invited to the Bolshoi

A teenage girl becomes only the fourth Briton in more than 230 years of the history Bolshoi ballet to train at the prestigious academy

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Chill Clothes For Fall Weather

Sarah Haight from Women's Wear Daily explains a few looks with Chris Wragge for some warmer clothes to wear when a chill hits the air.

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Taiwan approves visit by Dalai Lama

Taiwan, which turned away the Dalai Lama last year for fear of upsetting China, has now approved a visit by the Tibetan spiritual leader.

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In-Depth Look - Reaction To Revised GDP

Interview and discussion with John Ryding of the RDQ Economics. He shares his thoughts regarding the revised GDP data. He says "credit problems to outlast recession by at least two quarters." (Bloomberg News)

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In-Depth Look - Reaction To Revised GDP

Interview and discussion with John Ryding of the RDQ Economics. He shares his thoughts regarding the revised GDP data. He says "credit problems to outlast recession by at least two quarters." (Bloomberg News)

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Drinking in China? Take a cab home

With harsh penalties being handed down in China's crackdown on drink-driving, there are growing opportunities for the country's chauffeur businesses.

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Stanford Pulse Rise To 300

Stanford suffers medical emergency, is taken to Texas hospital. (Bloomberg News)

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Adam Sandler on "Funny People"

Adam Sandler joins "Funny People" director Judd Apatow and co-star Leslie Mann to talk about the film in Berlin

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Ryan Jenkins Aunt Speaks

The aunt of accused model killer Ryan Jenkins maintains surprise over his suicide and believes he was maligned by the press, she spoke to Chris Wragge. Hattie Kauffman reports on the investigation.

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Summer No-Bake Desserts

Bon Appetit magazine's Dede Wilson showed Russ Mitchell and Chris Wragge how easy it can be to make no-bake desserts.

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In-Depth Look - Flight Delays

Interview and discussion with Alex Hamilton of the Jesup & Lamont Capital. He talks about the delays in Boeing's Dreamliners and its earnings. (Bloomberg News)

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Kennedy- A Flawed Hero

Sen. Edward M. Kennedy had to overcome public embarrassment and personal struggle to become the family rock, reports Michelle Miller. Peter Canellos, a biographer, explains to Maggie Rodriguez.

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Growing Up a Kennedy

Mass. neighbors and friends of Sen. Ted Kennedy recall his life in Hyannis Port. Maggie Rodriguez spoke with CBS consultant Peter Canellos about what is next for the Kennedy's.

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Market Open 8.27

Stocks are set to kick off slightly higher. (Bloomberg News)

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John McEnroe, Cancer Advocate

Chris Wragge spoke with tennis legend John McEnroe about his new mission of raising awareness for prostate cancer.

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In-Depth Look - The Cost Of A Jobless Recovery

Interview and discussion with Carl Camden of the Kelly Services Inc. He talks about the recovery in unemployment. He says "job creation to take longer to kick in". (Bloomberg News)

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NYC Hotel Gets Nudity Rap

Tourists are flocking to a NYC park after a nearby hotel gains a reputation for a number of guests who have appeared nude in clear view, reports Bianca Solorzano.

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Funeral for Shi'ite leader al-Hakim

Mourners outside the Iraqi embassy in Tehran, Iran carry the coffin of the Iraqi Shi'ite leader Abdul Aziz al-Hakim who died while undergoing treatment for cancer in Iran.

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In-Depth Look - The Aid Trap

Interview and discussion with the Dean of Columbia University Business School, Glenn Hubbard. He talks about his new book namely "The Aid Trap". (Bloomberg News)

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Sweet Tooth Health Risks

Chris Wragge spoke with Dr. Jennifer Ashton about the health risks associated with high sugar intake.

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Kennedy's Healthcare Mission

The death of healthcare advocate Sen. Ted Kennedy has inspired his allies to get healthcare reform passed. Nancy Cordes reports.

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AIG May Benefit

A.I.G. is up 9% in early trading on speculation it may benefit from improved relations with former C.E.O. (Bloomberg News)

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Tomato throwing frenzy in Spain

Tens of thousands of people from around the world take part in the annual 'Tomatina' festival near Valencia.

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Future wheelchair gets moving

A Japanese company is using its robotics experience to create better transport for the less mobile.

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Boston Mayor on Kennedy

Maggie Rodriguez spoke with Boston, Mass. Mayor Thomas Menino about his friend, Sen. Ted Kennedy.

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Orrin Hatch On Kennedy

Sen. Orrin Hatch R-Utah, a friend and senator from across the aisle remembers Ted Kennedy. He spoke with Maggie Rodriguez.

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Tributes To Ted Kennedy

The funeral plans for Sen. Edward M. Kennedy have been laid out as the public pays tribute to him, reports Jeff Glor.

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H1N1 Vaccine Precautions

Chris Wragge spoke with Dr. Jennifer Ashton about how safe an H1N1 vaccine will be.

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Casualties In Afghanistan

A U.S. service member dies in a militant attack. The death brings to 44, the number of U.S. troops died in Afghanistan this month. (Bloomberg News)

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Sen. Kennedy Remembered

President Obama to deliver an eulogy for Sen. Kennedy on Saturday. (Bloomberg News)

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In-Depth Look - Banker Pay & Bonus Debate

Interview and discussion with Barclays' President, Robert Diamond. He talks about the banking bonuses, the economy and the PGA golf tournament. (Bloomberg News)

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Armstrong's Team RadioShack Set To Race

Armstrong new team makes its debut in a race in South Australia. (Bloomberg News)

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Business Update- Asia shares fall

China Unicom is to announce a deal to sell Apple's iPhone in China but share markets in Asia fall, wary of buying fatigue.

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In-Depth Look - New FDIC Rules For Private Equity

Interview and discussion with Wilbur Ross of the W.L. Ross & Co. He says he sees 500 banks failures by the end of 2010. (Bloomberg News)

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'Princess Corps' challenge old guard in Japan vote

In Japan's elections, a group of young female candidates dubbed the "Princess Corps" has thrown down the gauntlet to elderly ruling party bosses, spearheading an opposition charge to take power. The opposition Democratic Party of Japan (DPJ) has deployed the so-called female assassins in key districts for the August 30 poll. Duration: 02:01

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German troops mimic Afghanistan at home

A town in eastern Germany has been taken over by the army, keen to use it as a training ground before being deployed to Afghanistan. Seen as key to acclimatising soldiers to Afghan culture, the facilities are nevertheless a far cry from the purpose-built villages available to troops in Britain. Duration: 01:35

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U.S. Workers Generally Satisfied With Job Conditions

Majorities of American workers say they are at least somewhat satisfied with each of the 13 job characteristics Gallup asked about, with physical safety conditions of the workplace and relations with coworkers garnering the highest levels of satisfaction.

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From Private Cellar To Auction Block

3,000 bottles of premium Bordeaux and Champagne to be auction in London to raise over $1 million for charity. (Bloomberg News)

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More Bang For Your Stimulus

Government spending on infrastructure slow down to get off the ground. (Bloomberg News)

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Japan Heads To The Polls

Japan statisticians estimate that the population in Japan may shrink by a quarter by 2015. (Bloomberg News)

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China Cuts Overcapacity

China limits steel and metal production after seeing economic rebound. (Bloomberg News)

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Battle Over Tribune Bankruptcy

Tribune company's bondholders want an investigation into how Sam Zell bought that company. (Bloomberg News)

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MLB Drug Record Illegally Seized

Major League ballplayers win over drug test records illegally seized by federal agents. (Bloomberg News)

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FSA Support For Global Tax

F.S.A. Chairman says raising the financial sector becomes a stabilizing force in British economy. (Bloomberg News)

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Apple To Sell iPhone In China - WSJ

According to the Wall Street Journal, Apple prepares to sell its iPhone in China. (Bloomberg News)

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Paulson Backs AngloGold Managers

Paulson says he support the management in AngloGold. (Bloomberg News)

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Settlement Talks With BofA

Robert McCann is in settlement talks with Bank of America. (Bloomberg News)

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Fed Asks Judge For Delay In FOIA Case

Federal Reserve asks U.S. judge to delay her order that the central bank identify banks in took emergency loans. (Bloomberg News)

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Fed Asks Judge For Delay In FOIA Case

Federal Reserve asks U.S. judge to delay her order that the central bank identify banks in took emergency loans. (Bloomberg News)

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FDIC Cuts Requirements For Private Equity Firms

F.D.I.C. adopts weaker rules to encourage private firms into snapping up failed banks. (Bloomberg News)

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Housing Market Rebound?

New U.S. home sales in July increase at the fastest rate since 2005. (Bloomberg News)

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Asian Market Check

Asian stocks decline in today's open. (Bloomberg News)

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China Vanke to raise $1.6 bln in IPO

China's No. 2 developer plans to raise $1.6 billion in a new share offer amid a property revival, but the flood of new shares rattles the vulnerable stock market.

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Chinese Uighurs observe Ramadan

Chinese Uighur Muslims observe the Muslim holy fasting month of Ramadan in Xinjiang, after ethnic riots last month.

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All About Steve makes world premiere

Stars Sandra Bullock and Bradley Cooper stroll the red carpet for the premiere of the comedy, All About Steve

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Videos of US homeless beatings spike online

Videos of homeless people being beaten or forced into humiliating acts are increasingly popular online. As violence against the homeless increases nationally, some US lawmakers are seeking harsher penalties for perpetrators by officially labeling the acts "hate crimes." Duration: 01:27

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