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Wednesday, September 30, 2009

Asia's Appetite For Auctions

Asian contemporary art demand drops as investors look for rarity of supply. (Asia Confidential)

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Evening News Online, 09.30.09

Wednesday: Hundreds feared dead after a massive earthquake strikes Indonesia and a tsunami hits the Samoan islands; Also, celebrating the 70th anniversary of "The Wizard of Oz."

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Bloggingheads: Technological "God"

Robert Wright, left, of Bloggingheads.tv and Mickey Kaus of Slate discuss how modern technology is shaping morality.

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The Greenspan Perspective

Analysis and discussion with Former Federal Reserve Chairman Alan Greenspan. U.S. economy to slow again and stocks to flatten out in 2010. (Asia Confidential)

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China Maintains Billionaires

Huang Guangyu is 2009 China's richest man worth $5 billion. (The Trade)

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Bharti-MTN Deal Not Closed Yet

Deal would pave the way for operator with $20 billion sales and 200 million subscribers. (The Trade)

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India's Metro Rail System To Expand

India turns to Bombardier, a Canadian company which offers a contract of 424 coaches on their metro system. (The Trade)

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Yen's Eighth-Month High Against U.S. Dollar

Analysis and discussion with Senior Director and Forex Strategist Tomoku Fujii of Bank of America; Japanese yen to depreciate gradually over the medium term. (The Trade)

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Overseas Chinese Make Their Mark

There are more than 28 million Chinese in Southeast Asia; less than 4% of Indonesia's population, about 8% in Thailand and less than 2% in the Philippines. (The Trade)

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Bank Of America's Ken Lewis To Step Down

Ken Lewis says the decision to leave is his and his alone. (The Trade)

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Wynn Macau Sells Stocks

Wynn Macau joins other casinos in selling stocks and debt to boost balance sheets. (The Trade)

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Australian Commodities Rise

Commodities rice after China and Japan say they need more metals, pipes and wires. (The Trade)

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Japan's Tankan Improves

Confidence improves in the world's second-biggest economy and manufacturers become less pessimistic. (The Trade)

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Earthquake Cripples Indonesia

Rescue workers in Indonesia are desperately attempting to save thousands of residents who may be trapped under rubble after a 7.6 quake left behind mass devastation. Celia Hatton reports.

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On "Oz" Fame 70 Years Later

Three munchkins from the cast of "The Wizard of Oz" talk to Kelly Wallace about the long-lasting success of the film.

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The Wizard of Oz Turns 70

Seventy years after "The Wizard of Oz" rose to fame, the film is still maintaining its popularity among children. Kelly Wallace reports.

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Chicago: 2016 Olympics?

As President Obama and first lady Michelle Obama campaign in Copenhagen to have Chicago serve as the location for the 2016 Olympics, some say the Windy City may not work. Dean Reynolds reports.

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H1N1 And Pregnancy Fears

First doses of the H1N1 vaccine should go to pregnant women who are at high-risk for the flu. But, as Dr. Jennifer Ashton reports, many are not eager to receive them.

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U.S. Strategy in Afghanistan

President Obama and his aides are seriously debating future troop deployment in Afghanistan, as the top-ranking U.S. general in that country has asked for more soldiers. David Martin reports.

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Science of a Tsunami

Despite extensive research, and growing public interest, scientists say that powerful tsunami waves still remain a mystery. CBS News' John Blackstone reports from Menlo Park, Calif.

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Samoan Tsunami Aftermath

President Obama has declared American Samoa a disaster area, after a powerful earthquake in the region trigged a tsunami which destroyed many homes and businesses. Bill Whitaker reports.

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He Said, She Said: Celebrity Couples

Who do you think the classiest celebrity couple? Join Better as we hit the streets to find out what others think.

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Barack and Michelle

Do you ever wonder how two people that are completely different backgrounds can end up together? Christopher Anderson, author of �Barack and Michelle: Portrait of an American Marriage�, joins Better to discuss the President and first lady and the lives that brought them to the White House.

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No One Likes Nagging

If nagging is ruining your relationship, join Better as we hit the streets to find out why people seem to nag so much, and how to properly deal with it.

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Max Azria at New York Fashion Week

Better is at fashion week talking to designers, models, and celebrities. Join our fashion correspondent as she talks to Max, Kathy Lee Gifford, and Mickey Rourke and more.

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Matt and Tamsen: Crackberry

Do you have a lover that refuses to put away the Blackberry or some other technological device? Join Matt and Tamsen as they discuss proper etiquette and how to deal with a significant other that can't seem to focus on you for a while.

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Natural Beauty Tips

In this economy we are learning to save money and be more creative about how we use things around the house. Join Better as we look at a few resources you may have around the kitchen that can help exfoliate, highlight your hair, or diminish wrinkles.

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Emerging Market Spotlight - China

Fueling China's Growth - Analysis and Discussion with Jack Hidary of Primary Insight (Bloomberg News)

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Sector Focus - Shipping

Safe Harbours in Shipping - Analysis and Discussion with Urd Dur of Lazard Capital Markets (Bloomberg News)

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Ken Lewis to Step Down as Bank of America CEO

Reaction with Hill-Townsend Capital President Gary Townsend (Bloomberg News)

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Inside Look - Volatility Trends

Protecting Your Portfolio Against Volatility - Interview with Capstone Holdings Group CEO Paul Britton (Bloomberg News)

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Samoa 'Survivor' On Aftermath

Jesse Jensen, who is part of the production crew for the reality show "Survivor," which recently wrapped production in Samoa, describes the natural disaster.

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Notebook: Art of Language

A speech writer for Richard Nixon, conservative columnist William Safire has died at the age of 79. In our era of widespread abbreviations and slang, Katie Couric praises Safire, a master of diction.

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Unplugged: Spitzer's Second Coming

With current New York Governor David Paterson wildly unpopular in his state, disgraced former Governor Eliot Spitzer looks poised to make a comeback. CBS News' John Bentley reports.

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Inside Look - Refueling the Climate Debate

Interview with Sen. Barbara Boxer (D) of California, Chair of Senate Public Works Committee (Bloomberg News)

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Update - Penske Ends GM Talks

General Motors to Wind Down Saturn Brand and Dealership Network (Bloomberg News)

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Housing Outlook - Recovery to Be Weak

Is End Near for Housing Crisis? - Interview with David Levy of Jerome Levy Forecasting Center (Bloomberg News)

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Spotlight - Hospira

Hospira Gains Global Biogeneric Rights - Interview with Chairman/CEO Christopher Begley (Bloomberg News)

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Market Close 9.30

S&P and Dow Each Fall Less Than 1%, Nasdaq Remains Virtually Flat But Still in Red; Nike Rises After Positive Earnings Report and Goldman Sachs Buy Rating; Darden Restaurants Shares Fall 5.6%, Worst Performer on S&P; Jabil Circuit Shares Rise 9%, Leading Tech Rally; Ameriprise Buying BofA Funds for 1.2% Billion (Bloomberg News)

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Beat Bill Burt 9/30/2009

Bill Burt talks about his picks for the week.

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Spotlight - Morgan Stanley

An Excerpt of Exclusive Interview with Outgoing CEO John Mack, Speaking on Economy and Wall Street's Future (Bloomberg News)

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More Perspective - Credit Rating Conflicts

Interview with Former Moody's Senior Analyst/Vice President Sylvain Raynes (Bloomberg News)

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In-Depth Look - Stocks vs. Bonds

Bonds Benefit From Safe-Haven Bets (Bloomberg News)

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Unplugged: State Dept. Mired In Embassy Scandal

The scandal that has rocked the U.S. Embassy in Kabul has now hit the U.S. State Department. Sharyl Attkisson reports. Plus; a sneak peak at the new documentary, "The Way We Get By" and an interview with Michael Moore.

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Survey Says - CFOs Grow Optimistic

Interview with John Elliott, Dean at Baruch College Zicklin School of Business (Bloomberg News)

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Today in Washington - Banning Business with Iran

Obama Administration Wants to Tighten Sanctions With Iran Due to Nuclear Ambitions; Shipping Sanctions on the Table (Bloomberg News)

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Inside Look - The Case Against Moody's

Heads of Rating Agencies Testify on Capitol Hill - Analysis and Discussion with Ira Press of Kirby McInerney (Bloomberg News)

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Inside Look - Bringing Olympics to Chicago

Chicago Favored to Win Olympic Bid - Interview with 1994 Olympic Gold Winner Dan Jansen (Bloomberg News)

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In-Depth Look - Ultimate Profits

UFC Getting Knockout Numbers, CEO Dana White Expresses Interest in Outside Investments (Bloomberg News)

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Preview - Friday's Jobs Report

GDP in Review - Analysis and Discussion with Stuart Hoffman of PNC Financial Services (Bloomberg News)

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Early Backstage: J4

Adam "The Audience Guy" caught up with "Singing Family Face-Off" winners, J4, about their new single, "Don't Stop."

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Greenspan Comments on U.S. Unemployment and Bank Lending

An Excerpt of Exclusive Interview with Former Federal Reserve Chairman Alan Greenspan (Bloomberg News)

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Dividend Watch 9.30

Dividend Growth Stocks Watch - Over Three Years, Coach's to Rise 26% and DeVry's to Rise 21% (Bloomberg News)

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M&A News Briefs

Ameriprise to Buy Bank of America's Columbia Funds; Macquarie to Buy Fox-Pitt Kelton (Bloomberg News)

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In-Depth Look - War Games

Sears Ventures Into Toy Market as an Experiment; Toys 'R' Us Will Open Temporary Holiday Shops; Best Buy Offers Seasonal Opportunities, Hires More for Holidays (Bloomberg News)

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Spotlight - Southwestern Energy

Interview with CFO Gregory Kerley (Bloomberg News)

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Spotlight - ManuLife Financial

What's Next for North America's Biggest Insurer? - Interview with ManuLife CEO Donald Guloien (Bloomberg News)

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Inside Look - Antitrust Enforcement

Interview with FTC Chairman Jonathan Leibowitz (Bloomberg News)

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Inside Look - Antitrust Enforcement

Interview with FTC Chairman Jonathan Leibowitz (Bloomberg News)

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Special Report - NBA Referees Under Fire

NBA Wants to Change Current Refs Pension to 401K (Bloomberg News)

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Spotlight - Jaguar

Jaguar Bets on XJ - Interview with Managing Director Michael O'Driscoll (Bloomberg News)

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The Currency Report - U.S. Dollar

Shift to Risk for Dollar in 3Q (Bloomberg News)

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Spotlight - CareerBuilder.com

CareerBuilder's Outlook on Jobs - Interview with CEO Matthew Ferguson: Continued Moderation of Jobs Loss in 4Q (Bloomberg News)

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In-Depth Look - Market Outlook & Investment Strategy

Interview and discussions with Bankim Chadha of the Deutsche Bank. He shares his outlook in the market. (Bloomberg News)

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Window Treatments For Fall

Columnist Danny Seo shows Harry Smith some simple ways to increase the insulating efficiency of your windows on any budget using stylish window treatments.

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Easy Dinners in No Time

Katie Lee showed Harry Smith and Maggie Rodriguez how to make two easy dinners ideal for busy families.

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Inside Look - PepsiCo Positions For Growth

Interview and discussion with PepsiCo C.E.O. and Chairman, Indra Nooyi. She gives his insights behind her company's success. (Bloomberg News)

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Genetic Diagnosis Breakthrough

Doctors can now study family history and genetic testing to determine a patient's risk of disease. Dr. Jennifer Ashton reports.

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Sugar Rush

Sugar prices surge doubling since spring. (Bloomberg News)

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Overcoming Illiteracy

Harry Smth spoke with author and CBS reporter Byron Pitts about overcoming his childhood illiteracy to become a network news reporter.

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Market Open 9.30

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

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Infomerical Stain-Remover

In the series, "As Seen on TV," the anchors test out infomercial stain-removing product Blox.

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Kate + 8 - Jon = Reality

Jon Gosselin will be reduced to a supporting role in the next season of the former hit show, now titled "Kate + 8," reports Hattie Kauffman.

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In-Depth Look - Barclays, Citigroup May Fund CIT

Interview and discussion with Brian Charles of the RW Pressprich & Co. He talks about CIT's option to avoid bankruptcy. (Bloomberg News)

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Zazi Lawyer Warns Press

Najibullah Zazi's lawyer told Harry Smith current evidence does not support conspiracy charges and quick judgment by the public and the press should be avoided.

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H1N1 Vaccine Distribution

Dr. Jennifer Ashton spoke with Maggie Rodriguez about how to get the H1N1 vaccine once it is released.

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In-Depth Look - SEC/CFTC Regulation Report

Interview and discussion with the 2003 Nobel Prize Winner, Robert Engle. He says the key is to protect against systemic risks. (Bloomberg News)

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Senators To Unveil Climate Bill

Democrats unveil a draft bill that bows to get a very contentious debate under way. (Bloomberg News)

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Samoa Tsunami Kills Dozens

Recovery efforts are underway one day after a massive Tsunami floods American Samoa, killing nearly 100, reports Dave Price. Harry Smith talks to an eyewitness.

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In-Depth Look - US Jobless Report

Interview and discussion with Jerry Webman of the OppenheimerFunds, Inc. He shares this thoughts about the unemployment number. (Bloomberg News)

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Dad's Failed 'Rescue' Attempt

The father of two children taken to Japan by their mother attempted to take back his kids and was arrested without help from the U.S. embassy. Maggie Rodriguez spoke to his wife about the arrest.

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H1N1 Takes a Teen Girl's Life

Ten U.S. children per month have died since August from H1N1 with the latest statistic falling to Chloe Lindsey, a 14-yr.-old from Texas. Maggie Rodriguez speaks to her parents about their heartbreak.

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In-Depth Look - The "New" Uptick Rule

Interview and discussion with the Former SEC Chairman, Arthur Levitt. He talks about SEC rules for Wall Street banks. (Bloomberg News)

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In-Depth Look - Leaving JPMorgan

Interview and discussion with Bloomberg Contributing Editor, William Cohan. He says second life is possible on Wall Street. (Bloomberg News)

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Ultimate Profits

U.F.C. profits soars from live events, pay per view, video games and D.V.D.s. (Bloomberg News)

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Brown Vs. EA Sports

A judge dismisses Brown's lawsuit against Electronic Arts for illegally using his image in its video games. (Bloomberg News)

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Olympic Bidding Odds

Chicago remains at the odds on top favorite cities to win the bid for the 2016 Olympic games. (Bloomberg News)

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Letterman Beats Conan

David Letterman late night show beats Conan's tonight show in total viewers. (Bloomberg News)

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Brown's Uphill Battle

British Prime Minister, Gordon Brown lost The Sun support as he tries to boost his party's popularity. (Bloomberg News)

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US No Longer Dominates - Volcker

Former Fed Chairman, Paul Volcker thinks that the rise of emerging economies underscores U.S. influence. (Bloomberg News)

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Key Committee Rejects Public Option

Senate committee rejects a plan to create a government-run insurance plan. Sen. Baucus says it is the only way to pass the health care reform. (Bloomberg News)

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You're Hired!

Bloomberg economist expects job cuts continue to slow as recession eases. (Bloomberg News)

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European Market Check

European stocks post its three consecutive days of gain. (Bloomberg News)

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Asian Market Check

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

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Business Update: BofA CEO resigns

Bank of America announced chief executive Ken Lewis is stepping down at the end of the year.

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Aid heads to Samoan Islands

As US military planes fly to the ravaged area, it's estimated over 110 people were killed by the tsunamis that hit American Samoa.

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Iran, major powers head to Geneva

Preparing to meet with Iran in Geneva, US officials forsee "extraordinarily difficult process."

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Victoria's Secret seeks new angel

Model Doutzen Kroes promotes Victoria's Secret model search.

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Healthcare bill setback for Obama

The Senate Finance Committee has rejected a government-run insurance option dealing a setback for President Obama in his effort to overhaul the US healthcare system.

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Healthcare bill setback for Obama

The Senate Finance Committee has rejected a government-run insurance option dealing a setback for President Obama in his effort to overhaul the US healthcare system.

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Counter-insurgency at a crossroads

Allied forces in Afghanistan face a resilient insurgency as the US weighs a shift in strategy.

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Hugh Jackman and Daniel Craig break records on Broadway

A Steady Rain, starring Hugh Jackman and Daniel Craig, opens on Broadway in New York.

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Starbucks' latest jolt

Starbucks brews new strategies tailored to the recession and rising competition.

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Talk of the Town: Travolta testifies again

The latest celebrity and entertainment headlines including Jackman does well on Broadway, Travolta testifies again and Claire Danes gets married.

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Barrymore takes turn behind camera

A-list star Drew Barrymore makes her directorial debut in the film "Whip It," which premiered in Hollywood.

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Jason Biggs helps promote gorilla awareness

Jason Biggs helps promote endangered mountain gorillas who are now tweeting and on facebook.

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Lady Gaga launches Heart Beats

Lady Gaga turns fashionista and launches her own line of head phones called Heart Beats

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Zoellick backs strong dollar

In an exclusive interview with Reuters, World Bank President Robert Zoellick said a strong dollar is in the World Bank's interest.

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Speeding up the drawdown in Iraq

The US is accelerating the drawdown of US forces in Iraq, with top commander Ray Odierno saying he has flexibility when it comes to redeploying forces.

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The Italian Job lottery

An Italian supermarket chain is offering its customers the chance to win a job as a reward for their spending.

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Irish prepare for Lisbon vote

Campaigners in the final round of the EU's Lisbon Treaty on closer integration are at loggerheads ahead of Friday's make-or-break vote.

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Irish prepare for Lisbon vote

Campaigners in the final round of the EU's Lisbon Treaty on closer integration are at loggerheads ahead of Friday's make-or-break vote.

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Business Update: Job cuts ease

Private employers cut 254,000 jobs in September, the lowest amount of job losses in more than a year, according to a private report.

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Economy key in Greek elections

With the European Commision forcasting a recession in Greece later this year, and following a year of social unrest, the Greek prime minister has called elections two years early.

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Pacific Rim eyes post-quake tsunami

Governments issue tsunami warnings in Japan, New Zealand and French Polynesia after quake strikes Samoa.

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Economy key in Greek elections

With the European Commision forcasting a recession in Greece later this year, and following a year of social unrest, the Greek prime minister has called elections two years early.

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Amateur video captures Samoa flood

Video shot in Pago Pago, American Samoa shows the immediate aftermath as a huge swell of water came inland destroying buildings and sweeping away vehicles.

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Ukraine sand artist shows grit

Ukrainian sand animator, Kseniya Simonova moves her audience to tears as she wins the TV show 'Ukraine's Got Talent' with her depiction of the Nazi invasion of Ukraine.

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Clowning space tourist lifts off

A Russian Soyuz spaceship blasts off to International Space Station with Canadian circus billionaire Guy Laliberte on board.

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Michelle Obama's Olympic effort

U.S. First Lady Michelle Obama arrives in Copenhagen ahead of the International Olympics Committee's decision of who will host the 2016 Olympics.

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Samoa tsunamis leave over 100 dead

A series of tsunamis has smashed into the Pacific island nations of American and Western Samoa killing more than 100 people.

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Jimmy Choo for H&M

British luxury brand Jimmy Choo is teaming up with high street retailer H&M creating a capsule collection which will be sold in around 200 stores around the world.

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Tsunami carnage in American Samoa

Amateur video taken from the internet shows the devestation left by a series of tsunamis which smashed into the Pacific island nations of American and Western Samoa.

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China security tight pre-anniversary

A high security presence builds around China's capital on the eve of the Communist state's 60th anniversary.

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At home on the road

Airstream, America's iconic trailer, has been popular in the U.S. and Canada for decades, now they're being manufactured for the European market and some people are even living in them.

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Jordan tourists hit by mass sickness

Dozens of Norwegian tourists are teated in an Israeli hospital after falling ill with food poisoning in Jordan

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Tsunamis sweep Samoa

A series of tsunamis smashing into American and Western Samoa in the Pacific have killed possibly more than 100 people, according to officials.

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Toyota recalls 3.8 mln vehicles

World No.1 Toyota announced a huge recall of some 3.8 million vehicles due to risk a loose floormat could force down the accelerator.

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Business Update: China banks up

China's stock market gains, boosted by ICBC's takeover of a 19 percent stake in ACL Bank, while Japan's Nikkei edges higher.

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Preview of Jimmy Choo for H&M

British luxury brand Jimmy Choo is teaming up with high street retailer H&M creating a capsule collection which will be sold in around 200 stores around the world.

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Indonesia rocked by earthquake

A powerful earthquake off the coast of Indonesia's Sumatra island has left scores dead and thousands of people trapped under rubble.

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Polar Knut steps out with his mate

Berlin zoo's famous polar bear Knut appears with his new Italian girlfriend, Giovanna.

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Airstream's Euro-caravan cool

Airstream, the ultimate in trailer flash and symbol of American mobility has been redesigned for Europe's roads, bringing a new cool to caravanning.

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Decision time for 2016 Olympics

Presidents and royals are arriving in Copenhagen to help Chicago, Madrid, Tokyo and Rio de Janeiro make their respective bids to host the 2016 Olympic Games.

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Kohl's Plans Store Expansion

Kohl's plans to expand its store. The move is set to create more than 5,000 new jobs. (Bloomberg News)

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Business Update: IMF cuts forecast

The IMF cuts forecast for global losses, Saab fears loss of million dollar loan, while France's EDF turns its sights on Gazprom's South Stream gas pipeline.

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