when g.e. and they are good friends of my, partners of mine, great people, $2 billion is a drop in the bucket. we will get front page news, $2 billion but we are losing hundreds of billions to china. we are rebuilding china. and in continue to 12 years china will make us look like small timers. and it is off our back. >> but if we do something dramatic with china is there a danger we just ignite a trade war at a very difficult time for the world economy? >>guest: i would love a trade war with china because if we did no business with them we would save a lot of money. when you talk about even trade, they have devalued their currency, totally devalued the currency and i buy many products from china and the, and because i have no choice, the american companies cannot compete because they have devalued their currency. now we have fallen into the trap. we are devaluing our currency in order to compete. what that will do is instability in this country, a loaf of bread will cost $20 pretty soon, a can

g.e., not gm. buying them.he company is making the largest ever single purchase of electric vehicles. going to have a closer look at what all of this means for you, coming up next. >> juliet: bottom of the hour, time for top of the news. police in north carolina deciding whether to file additional charges in connection with the death of a ten-year-old. they confirmed yesterday that her remains -- they have found her remains. >> rick: very sad story there. a whiteout in minneapolis. look at this. heavy snow snarling traffic, it's not even december, causing road accidents and power outage outages. causing the postponement of college football games. when was the last time that happened? up to 11 inches of snow on the ground in the twin cities. >> juliet: former white house chief of staff rahm emanuel makes it official. he's running for mayor of chicago. he has been actively campaigning in the city since he stepped down from his job in the obama administration. >> rick: president obama prepared to sit down with the

g.e. will also work to convert to electric power at least for half of its current global fleet of 30,000 vehicles. the giant conglomerate has big investments in alternative energy, including battery makers, and wind and solar technologies. metlife will stop offering long- term care insurance. that's the coverage people buy to pay for nursing homes or assisted living facilities. the largest u.s. life insurer will still honor policies of customers, but won't write new ones after december 30. metlife cites what it calls financial challenges for the move. long-term care policies are less profitable for insurers as healthcare costs rise and policyholders live longer. simply don't have landline phones at all anymore. the companies say by not printing the huge books, they save both money and the environment. that's "nightly business report" for thursday, november 11. i'm susie gharib. good night, everyone, and thanks for watching. we hope to see all of you again tomorrow night. "nightly business

. >> g.e. goes on a buying spree to give electric vehicle technology a jump start. >> yahoo downplays reports about the fate of hundreds of its workers. >> and the video from a local ice cream shop to the government gets a surprise response and a promise from the obama administration. >> closed captioning brought to you by mancini sleepworld. >> boeing says a failed electric panel caused a fire on a test flight of a 787 jet earlier this week. it remains grounded while the investigation continues. g.e. will buy 25,000 vehicles including the chevy volt over the next four years. they hope to give the technology a jump start. and call of duty set the record for the biggest entertainment launch ever. raked in $633 million its first 24 hours of sale. >> 5:13 now. yahoo is calling media reports that it plans to lay off 20% of its work force misleading and inaccurate. but the company stopped short of saying whether any layoffs at all are being planned. yahoo says the company is always evaluating expens

august thirty first line g.e. ships. twenty three twenty. four kilometers off shore. crashes into another vessel. four hundred twenty three people die. russian titanic. hungry for the full story we've got it for. the biggest issues get a human voice face to face with the news makers. that they are watching r t let's get you up to date now on today's top stories chasing sex predators on the net a german t.v. show is in would be child abusers and journalists prison is minus the critics say the show is just off to viewer ratings and. the democratic party narrowly retains a majority in the senate and u.s. midterm elections the republicans take the house of representatives. the georgian government plans to offer the south african farmers and agriculture that will say they're being pushed off to complain they come to the fore to plant seeds. but the giant passenger airliner should say admiral nothing more was the most comfortable crews of soviet times each night have been played for the passengers who enjoyed every luxury and dreamed of experiencing such floating bliss but

. >> g.e. commerce tree i believe. >> that's what they call it? nice.oes bring in a lot of people, i'll tell you that much. >>> let's talk about 'tis the season. a little chilly, albany at 28 degrees. it's going to start out cold, we'll have bright sunshine, grab the sunglasses if you're doing any driving this morning. highs will be around upper 50s to low 60s. overall, it's a pretty nice friday. much of your weekend, if you live from the great lakes all the way up through new england is going to be very enjoyable. so your saturday forecast looks pretty much the same, too. as far as the wet weather goes, traveling today, kansas city, minneapolis, all of iowa, oklahoma, and north texas including dallas, you have a chance at rain. pretty big storm in the middle of the country. that's going to bring us a chance of rain and snow this weekend in minnesota. minnesota, minneapolis, boy the way, just went under a winter storm watch, expecting the first snowstorm of the year saturday into sunday morning. as far as the southeast goes, 70s and 80s out there. satur

g.e.capital merrill lynch to manage the deal more details on this later in the program but first it's our business leaders across the world are continuing to lash out at the u.s. decision to print an additional six hundred billion dollars in new stimulus money central bank as an economist or of inflation new bubbles and hot money inflows and russia could be on the receiving end of the more reports. stimulus warns. the biggest offensive on the west strand has washington's decision to print new hundreds of billions on greenbacks japan was first with over sixty billion dollars of financing but the u.s. shot back with a round of stimulus ten times as big huge waves of hot money are expected to hit men in the eastern and southern emerging economies russia's official response so far is surprisingly positive but it could be some additional capital inflows into russia of course you know interest currently foreign capital is very small and we are interested in attracting further capital so in the s

titanium at the best possible because it will give enterprises the opportunity to develop them at a g.e. study out it could us and also bring our partners here with new technology and crude introduction of titanium valley wants to attract shipbuilding power plants engineering pecial chemistry medicine and nuclear engineering will be located in the year old mountains next to the world's biggest titanium producer this m.p.o. of the smart get all excited and his thirst of all we are inviting our partners and our buyers these are the companies like boeing air boss get three hundred was royce is fully corresponds with their games to cut costs we are ready to invest some two hundred fifty million dollars into the team valley even though the decree to set up the economic zone will not be signed for another couple of weeks companies are already showing an interest of the s. and p. o. of these spent seven hundred million dollars in preparation and it's not the only one it's now.

briefly rejected both shareholders of the lot in the battle over the control of neurosurgical since g.e. and i dared ask is also seeking to place an initial public offering proof power utility you receive and go in hong kong by the end of the year the russian billionaire says he hopes to generate one point five billion dollars through the sale of a twenty five percent stake. and also for me my colleague heard about how behave next i was taking you business for the rest of the day but for now they stay with the headline news coming up next. from. wealthy british scientists and it's a mess but i'm not surprised to find accurate. markets why not come to. find out what's really happening to the global economy with max concert for a no holds barred look at the global financial headlines tune in to kaiser report on r g. a moment when the world has changed forever. thousands pounced to nothingness. thousands wounded. and noone to suffer today in the land. that was the first but probably not the landstuhl military uses of this weapon. many more will be come. on come on get on in the future. if.

same for titanium the best the business it will give enterprises the opportunity to develop them at a g.e. study out it called us and also bring out partners here with new technology including introduction of titanium valley wants to attract shipbuilding power plants engineering pecial chemistry medicine and nuclear engineering will be located in the euro mountains next to the world's biggest titanium producer this imperial of the smart people in china can use thirst of all we are inviting other partners and our buyers but these are the companies like boeing air bus good tree and rolls royce is fully corresponds with their games to cut costs so we are ready to invest some two hundred fifty million dollars into city and vali even though the decree to set up the economic zone will not be signed for another couple of weeks companies are already showing an interest of the acim feel of the small has spent seven hundred million dollars in preparation and it's not the only one its neighbor russia is leading pipe producer chel pipe is also actively modernizing our society thirty million dollars.

g.e. has come out with a product called groov. you can paint about 30 minutes after you put it on. to the old stand-by. these are window insulating kits. you put them on the windows with tape and plastic. you crank the hair dryer on and do the rest of it. if you do it right, you will not see it. i've had guests come to my house. they never knew it was there. >> never knew. >> works really well. >> this is for the old windows like this. those are harder to do caulking and stuff. >> and you have glass that's not insulated. >> insulation. >> tell you how to get somebody to help you pay for it. that's uncle sam. we have a $1,500 tax credit in effect until the end of this year. that's a dollar for dollar back on your tax bill, for putting in new insulation. do it in your attic. if you have walls down, renovating. do it there. do it in the basement. fiberglas, it's itchy. it recycled denim. there's a new site out there, diggerslist.com, where people sell leftover materials. good for the environment. could be good for your pocketbook, too. you're rubbing your hands. we're getting near the

staging area around best near putty hill avenue where they are collaborating with firefighters and be g.eeanup underway. supposedly three touchdowns and we have various pictures that viewers have e-mailed us from the parkville area of the damage. the streamlined winds of the tarmac has cut a swath of damage throughout parkville. if you have pictures, please go to wbaltv.com and send us those pictures on u local. that is the situation on this developing breaking story. sandra shaw in parkville, wbal- tv 11 news. >> a baltimore city councilman is waiting into the controversy over parking between morgan state and the committee. an ordinance will be introduced to restrict parking near morgan state university where students are taking up all the spaces. they will discuss this issue later today. >> the newest congressman is picking up some controversy over remarks over health care. comments are going viral. he's been questioned on why the government health care plan takes so long to kick in. jim miller has more. >> the remarks came during monday's freshman orientation in washington. the session

i would love it if my plea if anyone who is watching here at g.e., i will give them for free "fahrenheit/11" to run on nbc -- >> wow. >> as balance to all the publicity they have been giving president bush and his answers about the worst thing that happened was kanye west. i hope we never forget what the man did. parents, tonight, thousands of them sit at home. their children no longer with them because of a war that was essentially a lie. so that's my answer to mr. bush. >> a hell of an answer it is. michael moore, it's a pleasure to have you back. >> it's nice that you're still here. please don't leave. >> good to see you, my friend. wish i were in the book. michelle backman is thrown under the bus by fox and the symbolic leader of the tea party. this alone was worth coming back for. >>> ranld rand paul no earmarks? the tweet of the day from one of my twitter friends. jaketapper of abc news. congrats to keith olbermann for a nomination to the u.n. security council. sorry, conan. nobody tells me anything around here. let's play oddball. we begin in poland where over the weekend the fini

. >> up to 22 top models that we tested our high-end favorite was the g.e. profile space maker ii.e cuisinart stainless steel which sell for $149. the $110 sharp carousal is great for baking potatoes and defrosting. >> you can't beat the price of the sanio. it's under $100 and performs beautifully. >> a linking for more information of each of the microwaves mentioned in this report. you can check them out at abc7news.com. >> 6:21. coming up. pick up the phone. it's google calling. again. the search giant takes another shot at a google phone. >> and break erererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererererere

church officials say he was trying to earn his g.e. -- dash earn his ged diploma and turn his life around. >> he was on church grounds, holy ground, and people desecrated our church grounds. >> they say this death confirms the need for the many programs the church has been offering for decades now. now, later this morning, the church will announce they've received a private grant for almost $500,000 to pay for programs designed to combat violence. >>> 7:38. the epp is ordering caltrans to stop polluting area rivers and streams. recent epa audits reportedly found sprayses of -- traces of metal, grease, and pesticides all from construction sites along 50,000 miles of california roadways. the epa is warning caltrans they could face penalties if they don't stop the runoff within a year. >>> lots of problems in the commute, especially with b.a.r.t., sal. how are we doing -- doing? >> b.a.r.t. is recovering. we've had some major delays unfortunately because of an earlier train stuck inside the transbay tube. that train was removed. it was removed about 40 minutes ago. there's still major delays

district of the 21st congressional district in new york, the upstate region, capital region, we're home to g.e. corporate and they are moving forward with mans to do -- planning to -- plans to do battery manufacture, the linchpin of all sorts of innovation. as we do that, we can grow jobs here in america by investing in r&d, coming up with new product lines, making certain we're ahead of the curve on science and technology opportunities available to this nation. i represent in the construct of the 1st congressional district the old passageway, the erie canal, the route of freight hauling that really built america and inspired the westward movement and in so doing in building that canal, we also gave birth to a necklace of communities called milltowns. they became the epicenter of invention and innovation. so it's within our d.n.a., that pioneer spirit, here in america to continue to do that. i think we need those incentives that we've talked about, that this leadership and this house in the 111th congress, we gave birth to a number of ideas, including america competes, closing tax loopholes fo

nobody is reporting g.e. bringing all of their jobs back to this date. there is so much good news here and there, but nobody wants to get this president and the resident -- any credit for anything he has done. he stopped the bleeding. we need to stop asking questions like should the lame-duck congress do their job? host: what kind of work did you do for 23 years? caller: i worked at a nursing home. i did all kinds of jobs. i worked my way up and did -- pardon me? host: we are just listening. caller: i worked at a nursing home. i work in manufacturing now. host: we will leave it there. thank you for calling in. from new hampshire, an independent. caller: i think the person -- people who were elected to end six years ago should be allowed to finish their terms -- two and six years ago should be allowed to finish their terms. i am concerned about people who are not receiving their unemployment benefits. i agree, especially with the caller from tennessee and the lady who just spoke from michigan. the only good thing that would happen if they were not to reco

generation nuclear plant industry alliance, the american chemical society, toshiba, westinghouse and g.e.-hitachi. i urge members to support h.r. 5866 and i reserve the balance of my time. the speaker pro tempore: the gentlewoman reserves the balance of her time. the gentleman from tennessee is recognized. mr. gordon: i yield to my friend from california, mr. rohrabacher, such time as he may consume within reason are. the speaker pro tempore: the gentleman is recognized. mr. rohrabacher: thank you, mr. chairman, i'd like to express my deep appreciation of the ranking member as well as the chairman now of the committee. you've heard these accolades many times but you'll be missed in the next congress. we worked together in a very bipartisan way for -- to accomplish things through technology through our country and our people and the people of the world. i rise today in support of h.r. 5866. nuclear power has been a cornerstone of american domestic energy policy for decades and it could have had a greater positive impact had we not succumbed to irrational attacks by environmental radicals