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Tuesday, September 22, 2009

Crazy Artists DFC

In this video, Mexico City-based artists show off their latest creations, from beaded babies to chocolate dog begs. The brains behind the operation Tony Moxham and Mauricio Paniagua just completed their fall collection. We especially love the pillows that look like Elton John and Michael Jackson. Find their stuff at dfcasa.com.

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CIC Buys Stake In Noble Group

China Investment Corporation buys 15% stake of Noble Group for $850 million with 8% discount. (Asia Confidential)

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Champagne Bubbles Burst

Worldwide sales drop by almost 20% in the first half of 2009 which decreases drastically in the U.S. and the U.K. (The Bloomberg Edge)

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Gold Outshines Itself

USAA's Johnson sees gold mining stocks outshine the metal. (The Bloomberg Edge)

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Easy Money Is Over

Standard and Poor's says easy money in equities this year is over. (The Bloomberg Edge)

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Iranians Protest in New York

New York Times reporter Nazila Fathi surveys the scene as Iranian protesters speak out against President Ahmadinejad.

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Goldman Sachs To Buy Geely Convertible Bonds

Goldman Sachs to own 30% of China's largest automaker and expects an explosion in China's auto market. (The Trade)

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IMF Sees China To Play Larger Role

IMF's Strauss-Kahn urges G-20 to cooperate and sees a larger role for China in shaping a sustainable recovery. (The Trade)

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Dollar Trades At Lowest Level

Dollar falls to one-year low as Fed may signal interest rates to stay low. (The Trade)

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Credit Suisse Expands

Credit Suisse pares back hiring plans on competition from regional rivals. (The Trade)

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Casino Stocks Rally

Casino companies hit the jackpot in Macau and the government of the world's biggest gambling agrees to a cost-cutting request of the gaming industry. (The Trade)

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Timeframe On U.S. Stocks Rally

Analysis and discussion with David Tice of Federated Investors. He says stocks rally will end within six months. (The Trade)

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Sinopharm Trading Debut Today

Sinopharm may benefit from China's $124 billion health care reform. (The Trade)

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Australian Stocks Rally

BHP Billiton is up by 1% despite the plan of copper miners to go on strike next month. (The Trade)

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Evening News Online, 09.22.09

Tuesday: The FBI increases steps to find more terror suspects in New York City; Also, Pres. Obama aims for peace at a U.N. summit; And, an exclusive interview with controversial conservative Glenn Beck.

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Glenn Beck

Katie Couric speaks with the controversial Glenn Beck, who has gained a strong following from both his Fox News TV show and nationally-syndicated radio program.

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Controversial Glenn Beck

Whether Glenn Beck is channeling anger or stirring it up, he is certainly capitalizing on it. As his success on both radio and television continues to grow, Beck spoke exclusively to Katie Couric.

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Tom DeLay, Cha-Cha Dancer?

Former Congress member Tom DeLay's exuberant hip shaking on "Dancing with the Stars" left his former colleagues captivated. Nancy Cordes reports.

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Obama at U.N. Summit

As political leaders from around the world gather in New York for a summit at the United Nations, Chip Reid reports that President Obama is the center of attention.

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Rangel's Dubious Accounting

Democrat Charles Rangel has kept a very low profile after admitting to some mind-boggling errors on his financial reports. Sharyl Attkisson follows the money.

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Feds on Guard for Terror Plot

As the recently-launched FBI terror probe continues, investigators have focused on potential evidence of a plot in New York City. CBS News chief investigative correspondent Armen Keteyian reports.

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Relentless Rains Hit Southeast

Following weeks of a widespread drought, portions of the Southeast U.S. are now facing heavy rainstorms which have left residents scrambling to escape floods. Mark Strassmann reports from Atlanta.

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Video Trail Mix- Don't Ask Until We Tell

CQ Politics blogger and MSNBC contributor Craig Crawford says Pres. Obama is learning a political truism - don't ask for anything unless you know what the answer will be.

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U.N. Summit on Climate Change

Neil MacFarquhar of The New York Times summarizes Tuesday's United Nations session on climate change.

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The Debate on Climate Change

Andrew C. Revkin reports Tuesday from the United Nations, where world leaders have gathered to discuss climate change.

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Glenn Beck On Time Magazine Cover

Fox News host Glenn Beck tells Katie Couric what it was like to seeing his own face on the cover of "Time."

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Inside 'NCIS' Technology

NCIS: LA is one of many new fall shows, but what makes this different is its love for technology. While many shows create non-existent technology, NCIS: LA is showing the real thing. CNET's Brian Cooley reports.

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Glenn Beck On Flag Burning

Fox News host Glenn Beck tells Katie Couric he's against a constitutional ban on flag burning.

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Glenn Beck On His Obama Racist Comments

In an interview with Katie Couric, Glenn Beck defends his controversial remarks about President Barack Obama.

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Glenn Beck On Leaning Libertarian

Fox News host Glenn Beck tells Katie Couric about his political leanings.

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Obama Praises Bill Clinton for Post-White House Work

Live! From New York, NY: President Barack Obama Speaks at Clinton Global Initiative (Bloomberg News)

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Inside Look - Elder Care & Your Portfolio

Investing in Aging America - Analysis and Discussion with Newton Juhng of BB&T Capital Markets (Taking Stock)

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Notebook- Primary Care

Katie Couric comments on the frustration of getting a doctor's appointment. If Congress extends health insurance to more Americans, getting a doctor's appointment may become even more difficult.

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Sector Focus - Clean & Renewable Technology

Analysis and Discussion with Jeff McDermott of Greentech Capital Advisors (Taking Stock)

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Sports News Briefs

Ex-Giant Plaxico Burress Gets Two Years in Prison, Cries After Sentencing; Russian Billionaire Prokhorov Offers to Buy New Jersey Nets; Tom Brady and Wife Gisele Bundchen Sued Over Wedding Gunshots; 160 Men Take Part in World Beard and Moustache Championships (Bloomberg News)

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Inside Look - Bailing Out of the Bailout

Bank of America Target Raised on Exit From U.S. Backstop - Interview with Richard Bove of Rochdale Securities (Bloomberg News)

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Inside Look - Gloom, Boom & Doom (Part 3)

Interview with Marc Faber (Bloomberg News)

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Inside Look - Gloom, Boom & Doom (Part 2)

Interview with Marc Faber (Bloomberg News)

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Inside Look - Gloom, Boom & Doom (Part 1)

Interview with Marc Faber (Bloomberg News)

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09-22- Old Orchard Award

The principal and Nita Randolph, a teacher at Old Orchard Elementary School, talk about the monetary award they received.

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Market Close 9.22

All Three Major Indexes Each Rise Less Than 1%; Carnival Corp Boosts 2009 Profit Goals; AIG Shares Fall 5.5%; Lowe's Shares Fall 4% (Bloomberg News)

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Traveling to Small Town America

From Santa Barbara, California to Williamsburg, Virginia- Better discusses a few options for vacations in small towns across the country.

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'Jennifer's Body'

In part two of this interview Diablo Cody joins us again, to talk about her new movie, how she became a writer, and what it is like to work in Hollywood.

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Martina McBride - Share the Table

We catch up with Martina in the kitchen and make a manicotti meal with her to promote a great cause. Find out how to make the dish, and how Martina is helping build donations for Meals on Wheels.

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Beautifying Your Back Deck

Better goes over how to seal your deck to protect it from the elements. After following these tips, you and your family will enjoy your deck for years to come.

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Update - Nemazee Scandal

Hasan Nemazee Raised Funds for Obama, Clinton, and Kerry, Faces Indictment for Bank Fraud; Prosecutors Say Nemazee Stole $292 Million Between 1998-2009 (Bloomberg News)

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In-Depth Look - Ivy Leagues' Loss

Yale's Investments Fall, Continuing Overall Decline in Ivy League School Returns (Bloomberg News)

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Obama- final status talks must 'begin soon'

US President Barack Obama said Tuesday final status talks on the creation of a Palestinian state "must begin soon" after bringing Israeli and Palestinian leaders together to discuss stalled peace moves. Duration: 00:47

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Oil Outlook - BRIC Countries Will Fuel Global Demand

Oil on the Rise - Analysis and Discussion with Tom Petrie of Bank of America-Merrill Lynch (Bloomberg News)

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Commercial Collapse?

We all watched last year as the mortgage meltdown crashed the entire economy. Now economists see another collapse coming, this time in commercial real estate. Alexis Christoforous reports.

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Hosting Casual Gatherings

We are joined by an expert party hostess who gives us a number of tips that any host or dinner party guest can put to good use this season.

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New Shape, New Cut, New Color

Gregg Giannillo gives a contest winner a makeover. He works on framing her face, giving her rich color, and a cut that is easy to maintain.

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Sara Evans

She has topped the country charts, and she has just released her newest single called, 'Feels Just Like a Love Song'. Now the talented singer is also celebrating getting back to the table month, and she is here on Better to talk about it all.

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Commodities Check - Cotton Jumps Most in Six Weeks

Cotton Missing on the Mississippi, Fear That Production Will Be Cut by 5% (Bloomberg News)

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Obama Urges Renewing Mideast Talks

President Obama said that there has been progress made in renewing dialogue between Israel and Palestine, but that more needs to be done.

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Sector Focus - REITs

Analysis and Discussion with AIM Real Estate Fund Portfolio Manager Paul Curbo (Bloomberg News)

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Anish Kapoor retrospective opens with a bang!

One of the world's leading artists is making quite a mess at one of London's most distinguished galleries. Indian born artist Anish Kapoor has taken over all of the main rooms in the Royal Academy in a major showcase of his work. Duration: 01:51

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22,000 litres of milk given away to Parisians

Hundreds of people were queuing for free milk on Place de la R?blique in Paris on Tuesday afternoon after milk producers decided to hand out 22,000 litres to the public. Their move followed weeks of protests across Europe against collapsed milk prices. Duration: 00:52

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Tune in like Louis XVI

The Royal Opera House at Versailles has reopened after more than two years of construction work, which restored the hall's acoustics close to what Louis XVI would have heard sitting in his Royal Lodge. Duration: 01:46

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'Born Round'

The Tomorrow Show host Mo Rocca spoke with New York Times restaurant critic Frank Bruni about his book, "Born Round."

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Silver Lake Part of Group Planning to Buy Skype

Private Equity Outlook - Interview with Silver Lake Partners Co-CEO Glenn Hutchins (Bloomberg News)

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Loaded- Facebook gaydar

Sony Ericsson releases motion-censored earbuds, Google Earth makes you an oceanographer, and how to tell someone's sexual orientation over Facebook. Or maybe how not to do that?

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Sector to Watch - Technology

All Eyes on Intel's New Chip as Intel Eyes New Markets; Yahoo! Wants You! - CEO Carol Bartz Plays Defense as Company Spends $100 Million on Campaign (Bloomberg News)

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M&A Outlook - Deals in Sectors "Across the Board"

The Coming M&A Boom - Analysis and Discussion with "Legal Rebel" Frank Aquila of Sullivan & Cromwell (Bloomberg News)

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Auction Results 9.22

Treasuries Gain After Two-Year Auction - Analysis and Discussion with George Goncalves of Cantor Fitzgerald (Bloomberg News)

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French riot police raid Calais migrant 'jungle'

French riot police on Tuesday rounded up scores of mainly Afghan migrants during a dawn raid on a makeshift camp at the Channel port of Calais known as "The Jungle" which is used as a base to make risky attempts to reach Britain. Duration: 01:19

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In-Depth Look - Fed Growth Effort May Be Undermined

Banks Have Become More Careful About Lending - Effort to Stoke Recovery May Hurt Fed's Goal of Restoring Banking System; Banks Have Until November 9th to Raise Amount of Capital Determined by Stress Tests; Fed Has Taken Steps to make Sure Banks Avoid Riskier Loans; According to Bernanke, Rising Unemployment Will Slow Pace of Recovery (Bloomberg News)

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German bus crash kills several

German emergency services start recovering bodies from bus crash which killed several people.

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More Perspective - Healthcare Reform

Interview with OMB Director Peter Orszag (Bloomberg News)

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Sector to Watch - Internet

In Landmark Case, Revenue is at Stake for Google and Others as Google Can Now Sell Trademarked Words; Facebook to Team with Nielsen to Track Ads, Looks to Expand Sales (Bloomberg News)

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Stocks to Watch - Costco, Express Scripts

Value + Momentum = The Next Stocks to Watch? (Bloomberg News)

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In-Depth Look - Rents Plummet on Swanky Streets

Rents Down 12% for North American Retailers, 15% for Asia-Pacific Retailers; Retail Rent Falls on Low Spending and High Unemployment; Trump Planning 41.63 Billion Golf Resort in Scotland (Bloomberg News)

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Fed Focus - Baby Steps to Credit Tightening

FOMC Preview - Further Analysis and Discussion with PIMCO Senior Strategist/Portfolio Manager Tony Crescenzi (Bloomberg News)

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Spotlight - Total S.A.

Interview with CEO Christophe de Margerie (Bloomberg News)

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The Currency Report - Thai Baht, Philippines Peso

Asian Currencies Rise on Growth Outlook (Bloomberg News)

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Clinton on Obama, Racism

Russ Mitchell spoke with former President Bill Clinton about working with President Obama and racist accusations made by former President Jimmy Carter. To read more, go to Clinton: Some Obama Critics are "Prejudiced."

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President Obama's New Spud

Mary Apple, in the audience of "The Late Show With David Letterman," brought a heart-shaped potato grown in her garden to give to President Obama.

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LL Cool J on NCIS- Los Angeles

Rap star L.L. Cool J. turns to the new spinoff television series "NCIS: Los Angeles" on CBS for another facet in his eclectic career.

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In-Depth Look - Developing Africa

Interview and discussions with Donald Kaberuka of the African Development Bank. He talks about the African economy, he says African economy did well for a decade. (Bloomberg News)

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Loan Mod Scams Continue

Unscrupulous companies pray on victims who could rely on free help to modify their mortgages to prevent a foreclosure. Susan Koeppen offers advice.

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Travolta Trial in Bahamas

John Travolta will testify in an extortion case against a politician and paramedic in the Bahamas who allegedly demanded money from him, reports Kelly Cobiella.

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In-Depth Look - When Obama Meet Paterson

Interview and discussion with Rep. Gregory Meeks, talking about President Obama's awkward meeting with Paterson. (Bloomberg News)

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Market Open 9.22

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

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Robots and Surgery

Dr. Jennifer Ashton talks to Dr. William Burke about robotic surgery as a treatment option for gynecological cancer. Dr. Burke explains how he controls the robot and why he thinks the technology makes him a better surgeon.

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NCIS Cast Answers Tweets

Maggie Rodriguez spoke with the entire cast of the hit CBS show NCIS as they answered questions submitted by viewers via Twitter.

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In-Depth Look - The Difference A Year Makes

Interview and discussion with the Former Paine Webber C.E.O., Donald Marron. He gives his insights about the financial crisis and the economy. (Bloomberg News)

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A Raise in a Recession?

Harry Smith spoke with CBSMoneyWatch.com's Jill Schlesinger about how to ask for a raise during tough economic times.

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The China Challenge

An excerpt of interview with Senator John Kerry of Massachusetts, talking about climate change and how much the U.S. should pay to help China clean the air. (Bloomberg News)

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NCIS Set Secrets

Maggie Rodriguez spoke with NCIS cast members Pauley Perrette and Sean Murray about the season premiere on the set of the hit CBS show.

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Obama to Tackle Mideast Peach

President Obama will address the summit on global climate change at the United Nations. Bill Plante reports.

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Obama to Tackle Mideast Peace

President Obama will address the summit on global climate change at the United Nations. Bill Plante reports.

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Obama Marriage Difficulties?

Christopher Andersen, author of "Barack and Michelle: Portrait of a Marriage," defends his claims about President and Mrs. Obama in his new book.

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Merkel meets with party members

Chancellor Angela Merkel is virtually assured a second term in office after Germany goes to the polls on Sunday but she faces a nail-biting wait to see if she can form her preferred coalition. Duration: 01:03.

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Rapturous homecoming for Brit designers

London Fashion Week is celebrating its 25th birthday. And to mark the occasion, several British designers, including Matthew Williamson and Antonio Berardi have returned home to present their 2010 Spring Summer collections. Duration: 01:46

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In-Depth Look - Advertising Week In NY

Interview and discussion with Miles Nadal of the MDC Partners. He shares his thoughts about the advertising rebound in the economy. (Bloomberg News)

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Seasonal Flu Shots

Harry Smith spoke with CVS's Dr. Troyen Brennan about getting vaccinated for the seasonal flu.

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Clinton Summit Looks At Climate Change

An excerpt of interview with James Rogers of the Duke Energy. He announces plan to build two new U.S. nuclear facilities. (Bloomberg News)

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Deadly Floods in Georgia

Mark Strassman reports from Georgia where deadly floods are raging. Darrin Hughes tells Maggie Rodriguez of heartbreak while watching the water fill up his home and many of his possessions.

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Mass Transit Terror Warning

No plots confirmed, but the Zazi investigation turned up materials like the ones used for Madrid train bombing, leading officials to warn mass transit security to be on their guard, reports Bob Orr.

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New H1N1 Guidelines for Kids

New guidelines for the H1N1 vaccine may require some children to have two doses, Dr. Jennifer Ashton reports. Harry Smith spoke with Dr. Anthony Fauci about the safety of the vaccine.

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Baucus Bill Changes

Baucus health-care plan faces first test. (Bloomberg News)

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In-Depth Look - Is The Market Rally Sustainable?

Interview and discussion with David Tice of the Federated Investors. He shares his insights about the economic recovery we are seeing. (Bloomberg News)

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Falcone Takes Loss On NYT

Bill Falcone takes a loss in part of his stake in "The New York Times" company. (Bloomberg News)

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In-Depth Look - Shilling For The Economy

Interview and discussion with Gary Shilling of A. Gary Shilling & Co talking about U.S. dollar and the treasuries. (Bloomberg News)

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Rents Plummet - Swanky Streets

Retail rents at the world's priciest streets plunge. Manhattan's retail rent drops to $1,700 per square foot. (Bloomberg News)

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Weak Dollar Costs Quebec Growth

An excerpt of interview with Jean Charest of Quebec. He talks about the effects of Canadian dollars in Quebec's economy. (Bloomberg News)

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Weekly Economic Insights- Status Quo Entrenched

In the week ending Sept. 20, 2009, Gallup's measure of Economic Outlook, Consumer Spending, and Job Creation remain essentially on par with recent weeks.

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'Climate Change NYC' Gets Underway

World leaders gather in New York to talk about climate change. (Bloomberg News)

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LVMH Vs. Google

A European court helps determine whether Google can keep making money from internet searcher of trademark names. (Bloomberg News)

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Banks Bailing Out FDIC

F.D.I.C. considers the nation's healthiest banks to lend billions to help build up insurance funds for failing institutions. (Bloomberg News)

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Delay Dances With The Stars

Former House Majority Leader Tom Delay makes his debut on "Dancing with the stars". (Bloomberg News)

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Party Time For World's Oldest Man

Walter Breuning turns 113 today. His secrets are eating well, staying physically and mentally active and an aspirin a day. (Bloomberg News)

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Windfall For Perot Family

Ross Perot is about to be $400 million richer after Dell's offer for Perot system. (Bloomberg News)

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Putnam's New Strategy For Retirement Funds

Putnam's plans to put half of its retirement funds into mutual funds. (Bloomberg News)

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Hermes Sees 'No Light At The End Of Tunnel'

Japan's Hermes International sees to light at the end of the tunnel for six months. (Bloomberg News)

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Vivendi To Sell Stake In NBC?

General Electric's Vivendi plans to unload its stake in NBC Universal in their next board meeting. (Bloomberg News)

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Puma-Adidas Settle The Score

Puma and Adidas out in the field for a friendly game match. (Bloomberg News)

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Peyton Passes A Legend

Colts quarterback Peyton throws two touchdown passes allowing him to beat a record. (Bloomberg News)

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Obama, Hu To Talk Today In New York

President Obama expects to talk with Chinese President Hu regarding importing. (Bloomberg News)

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Signs Of Stabilization - Home Prices

New data shows stabilizing housing demand. (Bloomberg News)

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European Market Check

European stocks post a higher open this morning. (Bloomberg News)

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Asian Market Check

Asian stocks post its first gain in eight sessions. (Bloomberg News)

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Melissa Joan Hart

Recently Melissa Joan Hart has gone through a number of major life changes. She talks to Better about having kids, having a successful diet, moving across the country, and dealing with her mother's death.

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China starts mass flu vaccination

China has begun a massive vaccination programme against H1N1 as the winter flu season approaches.

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Dust storm blankets Sydney

Meteorologists say the dust storm which has blanketed Sydney and turned its iconic scenes red, is an unusual one.

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Talk of the Town- Jackson's big roll out

The latest celebrity news including a big roll out for Michael Jackson's This Is It, Anna Nicole Smith's dangerous prescription drugs and Heather Locklear is back

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Leaders discuss climate change at UN

French President Nicholas Sarkozy has scathing words for world leaders at climate change summit

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Obama leads Mideast summit in NY

U.S. President Barack Obama called Israelis and Palestinians to act with a sense of urgency to get formal peace negotiations back on track.

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Business Update- Gold tops $1019

The price of gold jumped above $1,019 an ounce as a weak U.S. dollar prompted foreign investors to stock up on the precious metal.

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Cannonball man falls short

A cannonball man at a Colombian circus in Cali was seriously injured after the stunt went awry and he landed short of his target net.

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Standoff in Honduras

Protesters and police clash outside the embassy where ousted President Manuel Zelaya has taken refuge after sneaking back into the country in a bid to return to power.

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Obama leads Mideast summit in NY

U.S. President Barack Obama called Israelis and Palestinians to act with a sense of urgency to get formal peace negotiations back on track.

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Business Update- Fed begins meeting

The Federal Reserve began its two-day meeting amid signs the battered housing market is finding its footing and the banking industry is recovering.

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Sienna Miller's fashion label rocks 1950s southern America

Sienna Miller and sister Savannah are inspired by 1950s Alabama for their label Twenty8Twelve.

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Dodd-Regulation reforms by year-end

U.S. Senate Banking Committee Chairman Christopher Dodd said that he wants his plan to act on financial regulatory reforms before the end of the year, but warned the deadline could slip.

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U.S., China pledge climate action

Chinese President Hu Jintao and U.S. President Barack Obama announced new goals to slow the growth in carbon dioxide emissions.

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Police clear Calais migrant camp

Hundreds of French police clear a camp dubbed "the jungle" where illegal migrants, mostly Afghans, gather near Calais before trying to cross to Britain.

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Londoners react to former French president's novel

The London crowd had mixed reactions on Tuesday to eighty-three-year-old former French president Valery Giscard d'Estaing's latest novel, which hints that he might have had a romantic relation with the late Diana, Princess of Wales. Duration: 00:43

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U.S., China pledge climate action

Chinese President Hu Jintao and U.S. President Barack Obama announced new goals to slow the growth in carbon dioxide emissions.

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Tear gas on the streets of Honduras

Police clash with protesters outside Brazilian embassy in Honduras, where ousted President Manuel Zelaya has taken refuge

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Chess legends to face off again

Garry Kasparov and Anatoly Karpov reignite one of the greatest chess rivalries with a re-match of their classic 1984 world championship contest.

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Police clear Calais migrant camp

Hundreds of French police clear a camp dubbed "the jungle" where illegal migrants, mostly Afghans, gather near Calais before trying to cross to Britain.

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Fashion brands merge for the masses

Ultra-chic designers join forces with the high street creating luxury labels for less

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Eva Longoria fundraises in Paris

Eva Longoria and husband, NBA star Tony Barker, raise money for terminally ill children and AIDS research in Paris

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German election's kingmaker parties

Germany's minor parties, the Free Democrats, the Greens and the left-wing Linke, all hope to be coalition partners after the German election.

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Police clear Calais migrant camp

Hundreds of French police clear a camp near Calais dubbed "the jungle" where illegal migrants, mostly Afghans, gather before trying to cross to Britain.

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Obama guest stars on Letterman

U.S. President Barack Obama finishes publicity blitz on The Late Show with David Letterman

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Ahmadinejad US-bound, with a warning

Iran's President issues another warning against attacking the country before jetting off to the UN General Assembly in New York.

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German parties fighting for power

Germany's minor parties, the Free Democrats, the Greens and the left-wing Linke, all hope to be coalition partners after the German election.

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Business Update- Santander IPO

Spain's largest bank Santander is seeking to raise up to 8.6 billion U.S. dollars with an initial public offering of its Brazilian unit.

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Police clear Calais migrant camp

Hundreds of French police clear a camp near Calais dubbed "the jungle" where illegal migrants, mostly Afghans, gather before trying to cross to Britain.

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Driver Hakkinen on F1 race scandal

Former F1 racing world champion Mika Hakkinen says the sport will recover and move on from the Renault race-fixing controversy.

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Hong Kong touts 'Car Free Day'

Hong Kong's Chief-Executive Donald Tsang walks to work on Hong Kong's first "Carfree Day" as campaigners urge the government to do more to combat climate change.

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Ex-president sneaks into Honduras

The country's ousted president Manuel Zelaya sneaks back into the capital after three months in exile.

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Obama deadpans on Letterman

I was actually black before the election U.S. President Barack Obama jokes on David Letterman's late-night chat show.

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Deadly floods hit U.S.

At least five people have died in flooding in southeast America after heavy weekend downpours.

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German bus crashes, reported deaths

Several passengers aboard a public transport bus are reported injured or killed after the vehicle fell off an embankment and into a river.

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Global premiere of climate film 'The Age of Stupid'

The Age of Stupid, a highly anticipated docudrama about environmental apocalypse, has its worldwide premiere on the eve of a UN climate summit. Duration: 01:06.

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Lenders may split up Japan Airlines

Delta Airlines and American Airlines, with British Airways and Qantas Airways, are in rival talks to invest in JAL and may split its profitable and loss-making parts, as part of a radical overhaul.

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Adidas and Puma call a truce

Bitter sportswear rivals Adidas and Puma seal a peace deal with a soccer match on International Peace Day.

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Fashion brands merge for the masses

Ultra-chic designers join forces with the high street creating luxury labels for less.

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Ricky Gervais shines at Hollywood premiere

Ricky Gervais hits the red carpet in Hollywood for the premiere of the romantic comedy The Invention of Lying

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Business Update- Asia muted

Technology shares helped Asian markets inch higher and dairy prices helped push the New Zealand dollar to a 13-month high.

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Adidas and Puma score peace points

Bitter sportswear rivals Adidas and Puma seal a peace deal with a soccer match on International Peace Day.

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China gets hair done for anniversary

A Chinese hairdresser celebrates the upcoming 60th anniversary of Communist China by giving free haircuts depicting Tiananmen Square, the Great Hall of the People and even turning some customers into human flag poles.

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Afghan-born bomb suspects trial

Afghan-born bomb suspects appear in a U.S. court.

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