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Friday, October 2, 2009

A Somali-American's Improbable Return

After returning to Somalia in 2008 to aid victims of a drought, the locals asked Mohamed Aden to become their leader. In less than a year, he has transformed Adado, Somalia into an enclave of peace.

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Evening News Online, 10.02.09

Friday: Chicago looses its 2016 Olympics bid to Rio de Janiero; Also, CBS late night host David Letterman's extortion scandal.

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Transportation Stimulus

Analysis and discussion with President of SJ Consulting Group Satish Jindel. He talks about transport infrastructure, stimulus package and economy. (Taking Stock)

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Banking On The Middle Market

Analysis and discussion with Chairman and CEO of Kaufman Brothers Benny Lorenzo. Middle market or mid-level firm is a firm that is 51% owned by Hispanic individuals. (Taking Stock)

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U.S. Stocks Decline

U.S. stocks fall after September employment report suggests the recovery will be slow and perhaps bumpy. (Taking Stock)

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City Critic | Open Up, New York!

Ariel Kaminer takes us on an exploration of three normally inaccessible locations that are part of the upcoming Open House New York Weekend.

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Beating Birth Defects

Four brothers in Green Bay, Wis.. were all born with severe birth defects, but still indulge their passions like acting and swimming. Rich Schlesinger reports on their inspirational story.

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Grand Larceny for 48 Producer

Joe Halderman, an Emmy nominated winning producer for 48 Hours, was arraigned on charges of first degree grand larceny after threatening late night TV host David Letterman. Jeff Glor reports.

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Unemployment Rise Continues

Only 40% of employers are planning to rehire former workers according to a new survey, but new jobs from new industries could take years to develop. Anthony Mason reports.

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Padang Hospitals Overflowing

Hospitals in the city of Padang, Indonesia are overflowing with victims injured in last week's earthquake. As Celia Hatton reports, some patients were even forced to sleep outside.

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Pandang Hospitals Overflowing

Hospitals in the city of Pandang, Indonesia are overflowing with victims injured in last week's earthquake. As Celia Hatton reports, some patients were even forced to sleep outside.

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Obama Reacts to Chicago Loss

Katie Couric spoke to Chip Reid about a new report showing unemployment rates moving up to 9.8 percent, and the White House response to Chicago losing the Olympic Bid.

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Chicagoan Pride Bruised

Thousands of hopeful Chicagoans hoped for the best, but were disappointed when Chicago was the first city to be eliminated as a host for the 2016 Olympic Games. Dean Reynolds reports.

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In-Depth Look - Die Quickly Plan

Analysis and discussion with Kate O'Beirne and Margaret Carlson. They discuss about Obama's health care plan. (Political Capital)

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In-Depth Look - Obama's Constructive Beginning

Report and analysis of Ladane Nasseri and Indira Lakshmanan of Bloomberg News. They discuss about the one on one meeting of Senior U.S. and Iranian officials on nuclear program in Geneva. (Political Capital)

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In-Depth Look - Congress Begins New Financial Regulations

Analysis and discussion with Democratic Senator Mark Warner. He talks about the work on new financial regulations. (Political Capital)

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Catwalk Fitness

The models who walk the fashion runways always look so put together. Well, Andrea stopped by a class on postural strength and catwalk form. Join us to learn these simple Pilates based exercises that anyone can do.

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Primetime Fashions

Join Better as we head to T.J. Maxx to find some of the hottest celebrity style in an affordable price range.

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Basics of Life Insurance

If you think you are covered for disaster you should probably double check. There are some common misconceptions on everything from auto to life insurance. Join Better to find out more about what every woman can do today to make sure they are covered.

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Preview: The Great Migration

Scott Pelley visits Kenya, the site of the great wildebeest migration, and looks at the threats to this natural spectacle comprised of over a million animals.

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Preview: The Swindler

To understand how Bernie Madoff could have done what he did, listen to so-called "mini-Madoff" Ponzi schemer Marc Dreier tell Steve Kroft in his first TV interview how he scammed $400 million.

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Preview: Coal Ash

If coal ash is safe to spread under a golf course or be used in carpets, why are the residents a Tenn. town being told to stay out of a river where the material was spilled? Lesley Stahl reports.

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Chicago Loses 2016 Olympic Bid

Residents react to news that Chicago was the first city eliminated from final voting by the International Olympic Committee to host the 2016 Summer Olympics.

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Inside Look - Morgan Stanley's Worries and Its Future

Analysis and discussion with Chairman and CEO of Morgan Stanley John Mack. He shares how the company survives under financial crisis, his worries today and the future of the company. (Venture)

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Financial Futures

Better spends some time talking to an expert to go over a few ways one can work on spending, particularly recent College graduates.

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Isaac Mizrahi

He put women's clothes in Target, has his own show on Bravo, and now he is showing off his latest Spring couture. Better was there, at New York Fashion Week, to see the clothes and get the scoop.

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James Brown: Role of a Lifetime

James Brown, or JB, is a sports broadcasting icon. He hosts multiple shows, and has also just released a book. Join Better to learn a little about what you can do to make it through the football season.

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Inside Look - Transportation Stimulus

Analysis and discussion with President of SJ Consulting Group Satish Jindel. He talks about transport infrastructure, stimulus package and economy. (Taking Stock)

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In-Depth Look - Investor Aftershock

Analysis and discussions with Chief Economic Strategist of Miller Tabak & Co. Dan Greenhaus and with Managing Director of Westwood Capital Dan Alpert. They talk about unemployment and its effect on stock market and economy. (Taking Stock)

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Inside Look - Future Of Middle Market Investment Banking

Analysis and discussion with Chairman and CEO of Kaufman Brothers Benny Lorenzo. He shares his expertise on middle market, investment and banking. (Taking Stock)

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U.S. Stocks Fall

U.S. stocks fall after the September unemployment report says the recovery will be slow and perhaps bumpy. (Taking Stock)

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The Great Migration

If you're looking for one of the greatest shows on Earth, you need to head to East Africa to witness the annual wildlife migration, as 60 Minutes did this past August.

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Notebook: Electricity

With electricity bills getting more expensive, Katie Couric comments on cutting power demand in everyday items to make for a brighter future for your environment and your bank account.

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Big Cash, No Debt

These are stocks that have no long-term or short-term debt and have to generate cash quarter on quarter and grow sales quarter over quarter. (Bloomberg News)

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Financial Zombieland

A number of banks that can not collect on at least 20% of their loans is at 18-year high. (Bloomberg News)

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NBC Universal For Sale

GE talks about forming a new company with Comcast that holds 51%. (Bloomberg News)

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Paolo Pellegrini: Predicting Where To Profit

Pellegrini has zero confidence in Bernanke and his criticism of U.S. bailout. (Bloomberg News)

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In-Depth- Rating Agencies Under Scrutiny

Analysis and discussion with Former Analyst of Moody's Evaluations Eric Kolchinsky. He talks about Moody's culture, its clients and the credit agencies. (Bloomberg News)

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Roller Coaster Rode For CIT Debit

Bondholders may provide $6 billion loans. (Bloomberg News)

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Roller Coaster Ride For CIT Debt

Bondholders may provide 6 billion loans. (Bloomberg News)

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Market Close 10.2

S&P is down by 0.47%; Dow is down by 0.25%; Nasdaq is down by 0.46%; Earnings expectations overheated. (Bloomberg News)

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Inside Look - Strategy Call

Analysis and discussion with CEO of Principal Global Investors James McCaughan. He talks about the investment in global marketplace. (Bloomberg News)

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Inside Look - Tiger The Hedges

Analysis and discussion with Founder and CEO of Tiger Management Julian Robertson. He talks about athletes, honest managers and hedge funds. (Bloomberg News)

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U.S. Stocks Down

U.S. stocks fight back losses after jobs date. (Bloomberg News)

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Job Losses Mount

Retail loses 39,000 jobs, Auto dealers lose 12,000 jobs and teaching jobs lose 46,000 in September. (Bloomberg News)

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In-Depth Look - Media M&A

Interview and discussions with Bloomberg News' Chief Content Officer, Norman Pearlstine. He shares his thoughts regarding about media merger and acquisition economy. (Bloomberg News)

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Great Expectations

75% of babies born today expect to reach their 75th birthday. (Bloomberg News)

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Rio de Janeiro Wins 2016 Olympics

The International Olympic Committee voted in Copenhagen to have the 2016 Olympics in Rio de Janeiro, putting the games in South America for the first time.

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Critical Of US Stimulus Policies

An excerpt of interview with PSQR's Managing Member, Paolo Pellegrini. He gives his reactions on Ben Bernanke's move to fix the economy. (Bloomberg News)

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Psychic John Edward

On Sunday Morning, Psychic John Edward discusses how he helps people.

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In-Depth Look - Merger & Acquisitions

Interview and discussions with Frank Aquila of the Sullivan & Cromwell. He shares his outlook about the merger and acquisitions in the media market. (Bloomberg News)

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Toyota's Crisis

Toyota's President says the carmaker is "grasping at salvation". (Bloomberg News)

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Rio de Janeiro Wins 2016 Olympics

Rio de Janeiro wins 2016 Olympic race, 66 to 32 over Madrid. (Bloomberg News)

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In-Depth Look - Bidding For The Games

Interview and discussions with a Sport Historian, Kevin Warnsley. He talks about the economic impact 2016 Olympics to Madrid and Rio de Jeneiro. (Bloomberg News)

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In-Depth Look - Who Will Win The 2016 Olympics?

Interview and discussions with a sport historian, Kevin Warnsley. He shares his perspective in I.O.C.'s decision to keep Chicago out of the 2016 Olympic race. (Bloomberg News)

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In-Depth Look - Iran Buys Time With Nuke Concessions

Analysis and discussions with James Acton of the Carnegie Endowment for International Peace. He shares his insights about Iran's nuclear fuel program. (Bloomberg News)

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In-Depth Look - Iran Buys Time With Nuke Concessions

Analysis and discussions with James Acton of the Carnegie Endowment for International Peace. He shares his insights about Iran's nuclear fuel program. (Bloomberg News)

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Tokyo, Chicago Eliminated

Tokyo, Japan and Chicago gets eliminated from the 2016 Olympic race. (Bloomberg News)

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Tony Blair For EU President

Former British Prime Minister, Tony Blair gets the top rank for the E.U. Presidency. (Bloomberg News)

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Dave Price Needs Your Help

Dave Price was dropped off in Santa Monica, Calif., with only $50 and a handful of PDAs so you can help him get back to New York City. Dave shows you how.

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Banking Stocks Decline

Lots of banks post a decline because of European bank's stress test. (Bloomberg News)

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Drew Barrymore in Whip It

Drew Barrymore, is an unlikely blonde bombshell as a triple-threat of another kind in the film Whip It, directed, produced and co-starred by Barrymore. She spoke to Maggie Rodriguez.

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Elizabeth Smart's Dad Speaks

Elizabeth Smart's father Ed reacts to some abuse testimony his daughter spoke of for the first time in court. He spoke to Maggie Rodriguez.

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In-Depth Look - Employers Cut More Jobs Than Forecast

Interview and discussion with Gary Butler,ADP's C.E.O. He says 9.8% unemployment rate is not surprising. (Bloomberg News)

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Dave Price Has No Way Home

Early Show weatherman Dave Price has one week to find his way back to NYC with only $50, so he needs viewers' help with job offers, free rides and messages on Twitter.

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Jon Gosselin Heads to Court

Jon Gosselin wants his children off the air, he told Entertainment Tonight's Mary Hart, as Kate + 8 dumped him from the show.

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In-Depth Look - US Unemployment Rises

Interview and discussion with Christina Romer of the Council of Economic Advisers. She shares his insights about jobless numbers out this morning. (Bloomberg News)

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Market Open 10.2

Suzanne O'Halloran is live in New York Stocks Exchange. Stocks are set to kick off lower. (Bloomberg News)

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Drew Barrymore's Roller Derby

Actress Drew Barrymore showed Maggie Rodriguez how to be aggressive while skating in a roller derby. Barrymore is promoting her new film, "Whip It."

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Paint Like a Pro

DIY network's Danny Lipford showed Chris Wragge tips for painting and easy wall repairs on your own.

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Judge Would "Rather" Not

Dan Rather spends roughly five million dollars in his legal case against CBS. (Bloomberg News)

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Chemicals Not Just In Class Labs

15 schools are positive for a substance used during world war 1. (Bloomberg News)

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In-Depth Look - 260K Job Loss

Interview and discussion with Richard Yamarone of the Argus Research. He shares his reactions towards the 9.8% unemployment rate. (Bloomberg News)

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In-Depth Look - Unemployment Rate Rises 9.8%

Interview and discussions with the Chief Economists of FTN Financial, Christopher Low. He shares his outlook regarding the new jobless claims out in the market. (Bloomberg News)

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New Caylee Anthony Evidence

New evidence shows that hairs found in the trunk of murder suspect Casey Anthony do not belong to her. Maggie Rodriguez spoke with Casey Anthony's lawyer Jose Baez.

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H1N1 Flu Do's and Don'ts

Dr. Jennifer Ashton spoke with Chris Wragge about how to prevent spreading the H1N1 flu.

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David Letterman Extortion Details

David Letterman admitted being the subject of an extortion plot by a CBS employee over affairs with staffers. Celebrity publicist Michael Levine discussed the details of the extortion plot.

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Search for Indonesia Quake Survivors

After back-to-back earthquakes shook Indonesia, rescue efforts are underway for survivors. Celia Hatton reports.

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Elizabeth Smart Tells Her Story

Kidnap victim Elizabeth Smart told her story in court for the first time, admitting a mock marriage and daily rape. Ben Tracy reports.

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In-Depth Look - Job Market On Wall Street

Analysis and discussions with Russ Gerson of The Gerson Group, sharing his thoughts on the economic stabilization in Wall Street. (Bloomberg News)

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David Letterman Extortion Bombshell

David Letterman admitted sexual relationships with female employees and announced he is the subject of an extortion plot by a CBS employee, Kelly Wallace reports. Legal Analyst Lisa Bloom dissected the case.

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Obamas Make Case for Chicago

President Obama and First Lady Michelle Obama spoke before the Olympic committee in Denmark in a final bid to bring the Olympics to Chicago, Ill. Sheila MacVicar reports.

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In-Depth Look - Economic Trends

Interview and discussions with Paolo Pellegrini of the PSQR LLC, talking about his strategies to compete in the market. (Bloomberg News)

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In-Depth Look - Kraft May Sweeten The Deal

Interview and discussions with Neil Buckley of the Financial Times, talking about the possible offer of Kraft for Cadbury. (Bloomberg News)

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NY AG Caught In Donation Flap

Andrew Cuomo returns a campaign contribution from a hedge fund that was a kickback scheme. (Bloomberg News)

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Jews, Non-Religious Most Likely to Approve of Obama

At 65%, non-religious Americans are the most likely of any religious group in the U.S. to approve of the way Barack Obama is handling his job as president, Jewish Americans are the second most likely group to approve at 64%, and Mormons are the least likely group to approve at 32%.

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Letterman Extortion Plot

A CBS employee tries to blackmail Letterman for two million dollars. (Bloomberg News)

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NYC Apartment Prices Drop

Manhattan apartment prices fall for its second straight quarter. (Bloomberg News)

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The Favre Effect

After having Favre, Minnesota Vikings continues to dominate in and out of the court. (Bloomberg News)

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Prostitute In Berlusconi Drama

The Italian escort who spent a night with Berlusconi appears in the national television. (Bloomberg News)

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Chicago Goes For The Gold

The city of Chicago battles with the odds to win 2016 Olympics venue. (Bloomberg News)

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CIT's Survival Plan

C.I.T. unveils its restructuring plan to bring down the debt load by five billion dollars. (Bloomberg News)

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Asian Market Check

Asian stocks end the week with declines. (Bloomberg News)

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Israeli solider hostage video shown

Israel receives a two-minute proof-of-life video recording of captured soldier, Gilad Shalit from Hamas in return for the release of 19 Palestinian women prisoners.

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Sela Ward

This Emmy award winning actress poses for the cover of the October issue of More magazine, looking elegant as ever. We caught up with Sela about her upcoming roles and the way her career has progressed.

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Relatives bury loved ones in Samoa

Reports say the death toll has risen to about 150 in Samoa, American Samoa and Tonga with hundreds more still missing.

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Obama reacts to bleak jobs data

With the the unemployment rate rising to 9.8 percent in September, President Obama says he is exploring all options to promote job creation.

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An Iran breakthrough?

Analysts say it is too soon to tell if Iran's new nuclear posture is a breakthrough or more of the same.

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Letterman details alleged extortion

A television producer accused of attempting to extort $2 million from talk show host David Letterman pled not guilty on Friday, after he was indicted on charges of attempted grand larceny, the Manhattan prosecutor said on Friday (October 2).

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An Iran breakthrough?

Analysts say it is too soon to tell if Iran's new nuclear posture is a breakthrough or more of the same.

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Letterman details alleged extortion

David Letterman admits he had sex with staffers after man attempts to extort 2 million dollars.

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Foreigner releases first album in 15 years

Foreigner, one of world's biggest rock bands during the 1970s and 1980s, releases a new album 'Can't Slow Down', to be sold exclusively through Walmart.

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And the winner is...Rio!

Rio de Janeiro will host the 2016 Summer Olympics, after winning a landslide victory over Madrid in the final round of voting among IOC members.

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Business Update: Deeper job cuts

U.S. job losses accelerated for the first time in three months in September and the unemployment rate inched up to 9.8 percent.

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More gloom in September jobs data

U.S. job losses accelerated for the first time in three months in September and the unemployment rate inched up to 9.8 percent

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Showbiz Week: Polanski arrested

The top showbiz news and headlines for the week ending October 02 including Roman Polanski arrested, John Travolta testifies again, and This Is It ticket sales breaking records.

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Ireland votes on EU's Lisbon Treaty

Irish voters go to the polls for a second referendum on the European Union's Lisbon Treaty.

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Sarsgaard, Mulligan on red carpet for "An Education"

Peter Sarsgaard and Carey Mulligan say it was a well-written script that attracted them to the film, "An Education."

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Man accused in Letterman extortion is indicted

A television producer accused of attempting to extort $2 million from talk show host David Letterman was indicted on charges of attempted grand larceny, the Manhattan prosecutor said on Friday (October 2).

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Summers: jobs rebound may take months

One of President Barack Obama's top economic advisors, Lawrence Summers, said it would likely be several months before the weak U.S. job market turns around.

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80s duo "Yello" return with 3D film

The Swiss electro-pop duo "Yello" return with a new album and film "Touch Yello" that's much more than a rockumentary.

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Video shows captive Gilad Shalit

Gilad Shalit, the Israeli soldier abducted and held captive by Palestinian Islamist militants three years ago, is shown alive in a video handed over in exchange for the release of prisoners.

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Drought victims trade cattle for food

Drought-affected communities in northern Kenya sell their cattle to the European Commission Humanitarian Aid Office so meat can be given back to them as relief.

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Miranda! gives "tongue-lashing" at MTV

MTV Latino hands out prizes in Buenos Aires.

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Business Update: Novartis flu jab

Swiss drugmaker Novartis is accused of rationing its flu vaccine, a shareholder urges Cadbury to reconsider Kraft bid and IMF chief says stimulus is still needed.

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Rio to host 2016 Olympics

Brazil's Rio de Janeiro is chosen as host city for the 2016 Olympic Games by the International Olympic Committe in Copenhagen, Denmark.

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Giants re-enact German reunification

Giant puppets stalk Berlin streets to re-enact the fall of the Berlin Wall and German reunification.

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A New Yorker's job struggle

At a New York City job center, few feel the hunt for work is getting any easier.

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Olympic bid: Madrid's royal approval

King Juan Carlos of Spain pledges his "whole-hearted support" for Madrid's 2016 Olympic bid to the International Olympic Committee ahead of the vote that will decide the host city.

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Ireland votes on EU's Lisbon Treaty

Irish voters go to the polls for a second referendum on the European Union's Lisbon Treaty.

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Week Ahead: Hints from the Fed?

Federal Reserve Chairman Bernanke is back on the speaking circuit, with dealers awaiting signals on monetary policy.

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Water dogs make a big splash in UK

Breeders of the Portuguese Water dog in the UK have been inundated with enquires about the breed since President Obama gave one to his daughters.

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The only way is UP at Tower Bridge

A hot air balloon stunt promoting the UK release of Disney's animated film 'UP' travels under London's Tower Bridge.

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Olympic bid: Rio ready

Rio de Janeiro's Olympic bid leader Carlos Nuzman makes an impassioned plea to the International Olympic Committee urging them to award an overdue first Games to both Brazil and South America in 2016.

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Huge dinosaur eggs found in India

Hundreds of football-sized dinosaur eggs are discovered in Southern India - the largest nesting site to be found in the country.

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In-Depth Look - Jobs Paying $100,000+

Interview and discussions with Marc Cenedella of the TheLadders.com. He talks about the jobless rate's effect to the white collar job market. (Bloomberg News)

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Woman rescued from quake building

TV captures the moment when a woman is rescued after being trapped under a building following Indonesia's earthquake

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Olympic bid: Tokyo passion

Japan's newly elected Prime Minister Yukio Hatoyama and young gymnast Resa Mishina make an impassioned plea, promising the IOC a Games in harmony with nature if Tokyo was awarded the 2016 Olympics.

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Cities plead the 2016 Olympics case

Chicago leads off the Olympic bid presentations with a plea from Barack Obama as the U.S. city, Tokyo, Rio de Janeiro and Madrid make their cases to host the 2016 Games.

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Olympic bid: Obamas for Chicago

Chicago plays two trump cards in its bid to host the 2016 Olympics: U.S. President Barack Obama and his wife Michelle make impassioned pleas to the IOC in Copenhagen.

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Komatsu sales surge in China

Komatsu to start output of hybrid excavators in China after sales surge 75 percent in September.

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Out The Door

An estimate says almost half of homeowners' mortgages are under water. (Bloomberg News)

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Sony's next play from PSP to 3D TV

An announcement on a new premium interactive service for Sony PSP users inside Arsenal's Emirates Stadium is expected within weeks.

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Early human skeleton discovered

The incomplete skeleton from an early human 4.4 million years old was discovered in Ethiopia and shows that humans did not evolve from chimpanzee-like ancestors, according to researchers.

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Olympic leaders lunch with royalty

Leaders and representatives of the four countries bidding to stage the 2016 Olympics take a break from lobbying in Copenhagen to have lunch at the royal Palace with Queen Margrethe II and Prince Henrik.

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Almost a grand wedding

A leading international hotel chain offers British couples a wedding package for 999 pounds.

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Frantic search as toll hits 1000

Rescuers dig feverishly through rubble of collapsed buildings toppled by an earthquake in the Indonesian port of Padang, but few victims were being found alive two days after the disaster.

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Toyota president regrets U.S. deaths

Toyota president says that the four deaths in the United States possibly caused by faulty Toyota vehicles, are very regrettable.

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Business Update: Asian shares slide

Asia shares drop as data raises concern about US recovery.

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