also, one thing that's emerged is that news corp.ed to pay thousands of pounds to an early phone-hacking victim. why? well, many are saying because it's that specific case that really shows that there are fatal flaws in the argument that news corp. is saying that they didn't know how widespread all of this was. so it's going to be interesting. and we're going to watch and see what happens when james murdoch, his reputation has really been tarnished by this whole scandal, when he faces the committee next week. >> zain verjee live in london, thanks, as always. >>> coming up, forcing your citizens in georgia are in custody accused of plotting attacks on judges, irs agents and others. >>> and a plane makes an emergency landing on its belly. it's an amazing feat by the pilot. unbelievable. we'll have more on that story, too, next. [ man ] it's my new malibu. [ woman ] '57 bel air -- still have it. [ both ] our camaro. [ man ] chevy silverado -- third one. [ male announcer ] people love their chevys. that's because for 100 years, chevy has

it's been a volatile year certainly for news corp.'s stock price, especially with the plunge in august when the phone hacking scandal first broke. year to date, take a look at that, the stock is up by a little over 13%. charles? >> that brings us neatly on to the stock markets here in europe which have been open for 68 minutes now. we had been expecting a little bit of continuation of the powerful rally we saw on monday. you know what? we're already out of gas in terms of that. positive sentiment clearly wayning amid this morning on european banks from moody's. we'll have more on that in a moment. that's clearly been taken rather seriously by investors. in terms of the eurozone crisis, we have european finance ministers meeting in brussels later today. i suspect we already bought into the rumor and selling on the fact if it comes to the fact of them making progress in terms of them putting institutions in place and money in place to deal with the yet crisis. uk chancellor george osborne makes -- i'm sorry. we still had the markets up t

>> tom: here's what's on tap for tomorrow: quarterly earnings from molson-coors, mastercard and news corp; and i talk economy, employment and an the nation.tphkp also tomorrow, federal reserve news conference after the homeowners may have suffered those borrowers will have a chance to request an independent review of how their foreclosure process was handled. it's part of a larger enforcement action taken against 14 large mortgage servicers last the lenders include citibank, wells fargo. a federal investigation found some lenders rushed the process >> tom: meantime, the justice home mortgage. the government accuses the privately held mortgage broker of fraud. according to the complaint, nearly 36,000 of the loans allied made from 2001 to 2010 defaulted, costing the government more than $800 ans allied granted. the civil lawsuit seeks at least $2.5 billion in damages. allied hasn't commented on the suit. >> tom: we spent the day here in iowa talking about how to improve the economy and make america prosperous again. we're not the only ones talking here's tonight's commentator, todd buchhol

and news corp.; and i talk education with iowa governor terry branstad. also tomorrow, federal reserve news conference after the interest rate decision. >> susie: nearly four million improper foreclosures in 2009 and 2010. chance to request an independent review of how their foreclosure process was handled. it's part of a larger enforcement action taken against 14 large mortgage servicers last april by federal regulators. bank of america, j.p. morgan and wells fargo. >> tom: meantime, the justice department is going after allied home mortgage. the government accuses the privately held mortgage broker according to the complaint, nearly 36,000 of the loans iowa talking about how to improve the economy and make we're not the only ones talking about it. todd buchholz, author of "rush: race." >> it's been a tough time for shares of bank of america have american airlines teetered and tottered with bankruptcy rumors. "captain america" sold a lot of tickets. but with china appearing to dominate world exports, is there any hope for america? the answer is yes. u.s.

there are reports news corps's "news of the w" spied on england's future king. >>> riding high. could this 90-foot wave be the largest ever surfed. >> announcer: this is "early today" for wednesday, november 9, 2011. >>> hello and good morning. i'm lynn berry. today we begin with a defiant denial. at a news conference yesterday republican presidential hopeful herman cain insisted he has never sexually harassed anyone. meanwhile as cain's camp worked to discredit his first accuser to go public we learned the identity of the first women to file a complaint. steve handelsman reports. >> i don't even know who this woman is. >> reporter: herman cain went after his first accuser to go public. the day after sharon bialek said cain groped her and pushed her in 1997. >> they simply did not happen. >> reporter: cain's campaign listed lawsuits against bialek and two bankruptcies. >> the democrat machine in america has brought forth a troubled woman to make false you you sagss. >> reporter: but in a media blitz, bialek denied her motivation is political or financial. >> i expected this. thi

. >>> news corp. executive is preparing for his second appearance between british mps today. they suspect he misled them when testifying with his father, rupert, in july. police officials say 4,000 people may have had their phones hacked. >>> those are the top stories from cnn, the world's news leader. i'm monita rajpal. "world business today" starts right now. >>> we are in one of those defining moments where we either unite or face irrelevant convenience. >> europe at the cross roads. t good morning from cnn london, i'm nina dos santos. you're watching "world business today." >>> every time we think that we've reached the pits of the european debt debacle it seems as though another event serves to remind us there's no quick fix here for the moment. the markets continue to take yet another tumble after another day of declines. italy and greece are the twin beacons of the current crisis and neither has clear political leaderships nor the tactics in place to escape the mess they're currently in. investors are picking up where asia and wall street left off in wednesday's sessio

news corps fell. kraft rose late after a surge in profit. the opening price will be set today for groupon's much anticipated ipo. 30 million shares begin trading tomorrow. >>> a regulator says now bankrupt mf global moved millions in missing client funds last week trying to avoid detection. despite assurances from the firm's lawyer, all the client money is accounted for. reports say roughly $600 million is still missing. >>> finally, we've heard of snakes on a plane, but snake in a cash machine? a surprised customer in spain eventually got his cash and police took the snake to an animal shelter. that gives you the willies. >>> well, coming up, after on the ice. playoffs in soccer. and down to the wire in college football. >>> plus, you don't need to be a college fastball fan to love seaing this. your early morning sports headlines are straight ahead. >>> just stinks to be the janitor. good morning. your forecast looks interesting in the southeast. rain is heading your way. >>> >>> good morning. if you're just waking up, this is "early today.

. >>> storming the castle -- there are reports news corp.'s news of the world spied on england's future king. >>> and riding high -- could this 90-foot wave be the largest ever surfed? good morning, everyone, i'm lynn berry, those stories and more are straight ahead. this is "first look" on msnbc. and we begin this morning with a defiant denial. at a news conference yesterday, republican presidential hopeful, herman cain, insisted he has never sexually harassed anyone. blaming mounting accounts of inappropriate behavior on a quote democrat machine. meanwhile, as cain's camp worked to discredit his first accuser to go public, we learned the identity of one of the first women to actually file a complaint. nbc's steve handelsman reports. >> i don't even know who this woman is. >> reporter: herman cain went after his first accuser to go public. the day after sharon bilic said cain groped and pushed her in 1997. simple charges. >> they did not happen. >> cain's campaign listed lawsuits against her. >> the democrat machine in america has brought fo

and in another round of questioning from english mps news corp. exec james murdoch says he was kept in the dark about phone-hacking at a new defunct tabloid, blaming senior aides. >>> believe it or not, this 1999 photograph of the rhine river sold for $4.3 million this week. a record for any photograph ever sold at auction. >>> a battle of the techs on the gridiron, a hat trick on the ice and a pro golfer plays an amateur round. >>> plus, the raiders and their new quarterback are making people take notice. your early morning sports headlines are straight ahead. >>> after a pretty nice veterans day, the weekend forecast is shaping up niece nicely. your forecast is coming up. you're watching "early today." >>> >>> and a very good morning to you if you're just waking up. this is "early today." in sports long pro football afterthought for all of their faithful fans, suddenly the oakland raiders are threatening to become relevant again. here's nbc's fred roggin with a look at all your sports headlines. >>> good morning. many believe the raiders pay too

news corps also owns this channel. today an accusation that staffers at another newspaper used the very same tactics. the actor hugh grant told investigators he believes the mail on sunday newspaper hacked his voice mail to find out about his dating life. >> i cannot for the life of me think of any conceivle source for this story in the mail on sunday except those voice messages on my mobile telephone. >> shepard: news corps does not own that paper. hugh grant says he doesn't have any hard evidence to back up his claim. flooding has now killed more than 600 people according to one country's government officials. that tops our news around the world in 80 seconds. thailand, the high waters now receding but the country's worst flooding in more than 50 years has left a devastating mark. factory workers returning to a plastics plant in the central province. general manager says they weren't expecting the water to get so high. the flooding hit many foreign owned businesses in the country. colombia. a bus plunging off a cliff

go my way to work for the peace corps i was one of the founding organizers as you said became its tiffany director and our mission was to show americans that there was a new way of being in the world but in effect you had two passports one stamped united states citizen and the other stamped citizen of the world that was the the mission of the peace corps it is still important today to remember with humility and with gratitude that that there's a different way from being in the in the world as an american in swagger and. in the big stick that it's possible to live side by side with the world share and grow together toward a more of the state of being a greater understanding of each other you say that was the mission of the pre peace corps what. what has changed and when did it change when did that stop being the way that we saw ourselves as americans and and project ourselves out into the world . i think the militaristically our foreign policy has become over the years and you know we've had almost no year without with real peace in the world in the last twenty five years old always been some military action of one kind or another with the increasing milit

. >>> one scene is the hair-apparent to news corp's business, james murdoch resigned from a series of positions overseeing his father's english newspapers. his first public resignation since the phone-hacking scandal broke. >>> and the first family pitched in at a food bank at the nation's capital handing out fwroshry bags full of healthy treats for needy families ahead of this thanksgiving day. >>> u.s. markets are closed for the thanksgiving holiday but he's an early look at how they ended yesterday. the dow closed at 11,257 after dropping 236 points. the s&p slid 26 points. the nasdaq lost 61. let's take a look at overseas trading this morning. in tokyo the nikkei lost 149 points but in hong kong the hang seng was up 70. >>> as many of you give thanks today, some nervous traders will be checking on the latest developments overseas. understood scoring the severity of europe's debt crisis, experts are calling yesterday disappointing sales of german bonds, quote, disastrous. europe's most stable economy could be undermined by the spreading economic crisis. >>> on the street, financial

in another round of questioning from english's np's news corp exec, james murdoch, insists that he was kept in the dark about phone hacking blaming senior aids. >>> believe it or not, this 1999 photograph of the rhine river sold for $4.3 million this week, a record for any photograph sold at an auction. wow! >>> a battle of the techs on the gridiron. a hat trick on the ice and a pro golfer plays an amateur round. >> plus, the raiders and their new quarterback are making people take notice. your first look at sports is sfrat ahead. you are watching "first look" on msnbc. early stages of cancer, and it's something that we're extremely proud of. you see someone who is saved because of this technology, you know that the things that you do in your life matter. if i did have an opportunity to meet a cancer survivor, i'm sure i could take something positive away from that. [ jocelyn ] my name is jocelyn. and i'm a cancer survivor. [ woman ] i had cancer. i have no evidence of disease now. [ woman #2 ] i would love to meet the people that made the machines. i had such an amazing group of docto

. >>> rupert murdoch's son, james, grilled by lawmakers in britain this week, the news corps insisted he was not aware of widespread phone hacking at the now defunct news of the world tabloid. one compared murdoch to a mafia boss saying the company operated under a code of silence. >>> the lawyer for the prime suspect in the disappearance of robin gardner has quit. mike bal lopez was representing gary giordano and jose baez. casey anthony's lawyer has taken over the case. giordano still insists he's innocent. he claims robin gardner was swept out to sea while snorkeling. giordano in due back in court. >> president obama will mark veterans day with a wreath laying ceremony at arlington national cemetery and later, he and the first lady will travel to san diego where they'll attend the michigan state/unc basketball game aboard the u.s.s. carl vincent. >>> metro has closed four stations along the green line. the waterfront, navy yard are all closed. they'll remain closed until the system opens monday morning. buses will replace trains between fleant plaza and southern avenue station so t

>> tom: here's what's on tap for tomorrow: quarterly earnings from molson-coors, mastercard and news corp.; and i talk economy, employment and education with iowa governor terry branstad. his state is growing faster and has a lower unemployment rate than the nation. also tomorrow, federal reserve chairman ben bernanke holds a news conference after the central bank releases its interest rate decision. >> susie: nearly four million homeowners may have suffered improper foreclosures in 2009 and 2010. those borrowers will have a chance to request an independent review of how their foreclosure process was handled. it's part of a larger enforcement action taken against 14 large mortgage servicers last april by federal regulators. the lenders include citibank, bank of america, j.p. morgan and wells fargo. a federal investigation found some lenders rushed the process without carefully reviewing documents. >> tom: meantime, the justice department is going after allied home mortgage. the government accuses the privately held mortgage broker of fraud. according to the complaint, nearly 36,000 of the

the new owner will be the third since the o'malley family sold the team to news corp. in 1998. >>> a cold start to the day. let's join christina. good morning. >> good morning. we have a windchill factor to deal with in some cities. fairfield, sustained wind speed at 23 miles per hour. concord has a wind out of the eat at eight miles per hour. livermore, only 19% relative humidity this morning. it's dry all across the board. 24% at san jose and 36% in santa rosa. just to put it into perspective for you, normally at this time we're in the 80 to 90% range. if you are someone who suffered from chapped lips, get the chap stick handy, this is very, very dry for us. it will change as we head through the second half of the day. 43 in santa rosa. we will see cloud cover come back tonight. the day works out like this. 7:00 a.m., 52 degrees inland. at noon, really comfortable day. we'll keep the sunshine in the mix. 65 in san francisco, 72 in san jose. we'll round out the day in the mid 70s. a touch cooler with increasing clouds for the second half of the day. high pressure driv

. >>> in earnings, mastercard hit its all-time high on soaring earnings, news corp.'net income fell on costs related to its phone-hacking scandal. kraft rose late on a surge in profit. the opening price will be set today for groupon's much-anticipated ipo, 30 million shares begin trading tomorrow mplgt. >>> a regulator says now-bankrupt mf global moved millions in missing client funds last week, trying to avoid detection. despite assurances from the firm's lawyer that all client money is the accounted for, reports say roughly $600 million is still missing. finally reef heard of snakes on a plane, how about snakes in a cash register. a surprised customer eventually did get his cash and police took the snake to an animal shelter. >>> a new study finds that despite repeated warnings about packing on the dreaded freshman 15, most college students don't gain 15 pounds in their first year. although i dispute that. the study, whose author calls the freshman 15 a myth, found the average student gains between 2.4 and 3.5 pounds, 20% of all freshman actually lose weight. for mo

. >>> once seen as the heir apparent to news corp, james murdoch has resigned.irst public resignation since the phone hacking scandal broke. >>> at the white house yesterday, president obama saved two turkeys from becoming part of a thanksgiving feast at the annual pardoning ceremony. in keeping with the annual tradition, the birds named liberty and peace, are now headed to george washington's home in virginia where a life of leisure awaits. >>> later today, the president joins his wife and daughter at a food bank to hand out treats for needy families. >>> u.s. markets will be closed for the thanksgiving holiday, but here's a look at how they ended yesterday president. dow close the at 11,257. the nasdaq lost 61. >>> taking a look at overseas trading this morning. in tokyo, the nikkei sank 149 points. in hong kong, the hangsang was up 70. >>> as many of you give thanks today, nervous traders will be checking on the latest developments overseas. underscoring the severity of europe's debt crisis, experts are calling yesterday's disappointing sale of german bonds,

and you were running a international operations for europe and asia at news corp. where you effectively executive chairman of news international? >> i was chairman of his international when he moved to new york to dow jones. and did spend time on the business. and relied on senior manager put in place for some time. it was always the case that the company would appoint full-time ceo to replace mr. hinton. and it took about 18 months to get to that point. that was rebekah brooks? >> yes spent in september 2009? >> yes, although effectively i think was announced in the summer of 2000 and she started to play a much bigger role. >> so you were -- >> i think formerly the chairm chairman. >> not executive chairman? >> i don't recall. i may been the executive chairman. >> who was the de facto chief executive of news international before running the show before rebecca was appointed? >> we had an executive group, chief financial officer and then, and i involve the editors more transparency. >> so you were an executive chairman? >> yes. i might have been but effective -- >>

. >>> once seen as the heir apparent to news corp, james mur dock has resigned from a series of senior positions. his first public resignation since the phone hacking scandal broke. >>> at the white house yesterday, president obama saved two turkeys from becoming part of a thanksgiving feast at the annual pardoning ceremony. in keeping with the 20-year tradition, the birds named liberty and peace are now headed to george washington's home in virginia where a life of leisure awaits. later in the day, the president joined his wife and daughters at a food bank to hand out treats for needy families. >>> u.s. markets will be closed for the thanksgiving holiday, but here's a look at how they ended yesterday. dow close the at 11,257. the nasdaq lost 61. >>> taking a look at overseas trading this morning. in tokyo, the nikkei sank 149 points. in hong kong, the hangsang was up 70. >>> as many of you give thanks today, nervous traders will be checking on the latest developments overseas. underscoring the severity of europe's debt crisis, experts are calling yesterday's disappointing sale of germ

in washington, james rosen, fox news. >> the son of news corp. airman rupert murdock told british lawmakers he was kept in the dark about illegal reporting methods at now defunked news of the world tabloid. he blames two sub boardnants keep information from him. several members of parliament accused murdered more of conflicting stories in the testimony. they're the parent company of fox news. >>> we'll talk about rick perry lapse in concentration and the rest of the g.o.p. field when the fox all-stars join me after the >>> i stepped in it, that's for sure. matter of fact, i think still some of it stuck on my feet, but you know, the fact is there are a lot of americans out there that were not unlike me they think about federal agencies they'd like to forget. i certainly had that agency of energy stuck on -- it wasn't even on the tip of my tongue. >> governor perry on fox today. he has been on and will be on a number of shows throughout the day about his debate performance. one particular segment and 53 seconds that caught everybody's attention. cau

in washington, james rosen, fox news. >> the son of news corp. rupert murdock told british lawmakers he was kept in the dark about illegal reporting methods at now defunked news of the world tabloid. he blames two sub boardnants keep information from him. several members of parliament accused murdered more of conflicting stories in the testimony. they're the parent company of fox news. >>> we'll talk about rick perry lapse in concentration and the rest of the g.o.p. field when the fox all-stars join me after the break. ♪ [ male announcer ] we're not employers or employees. not white collar or blue collar or no collars. we are business in america. and every day we awake to the same challenges. but at prudential we're helping companies everywhere find new solutions to manage risk, capital and employee benefits, so american business can get on with business. ♪ >>> i stepped in it, that's for sure. matter of fact, i think still some of it stuck on my feet, but you know, the fact is there are a lot of americans out there that were not unlike me they t

>> shows that international news corp. spoke with your father. >> i do not think we discussed the "news of the world" matter. he did not raise it with me. >> your father expressed the view that he was very humbled by the whole event. >> i have had some time to reflect on these events. it is appropriate to reflect and think the whole company is humbled by this and what we're trying to do and what i intend to do is try to understand for the company has not come to grips with some of the issues in front of it. have you any technical advice and we can get? >> i think the telephone companies -- i deny know the technical details. we'd united vice telephone companies on the matter of voice-mail interceptions. >> -- we do not advise telephone companies on the matter of voice mail interceptions. >> used in so long that your father had to answer for you. -- you stood so long that your father had to answer for you. >> i have had a chance to reflect on what it meant. what i reflected on was where it in this process were there places wh

and iran's banks news corp with londoners to run feels trust come its way. the u.k. slaps for sanctions on iran after concerns over its nuclear program severing all financial ties with the country more details to follow. and russell markets goes deeper in the red as equities around the world tumble on concerns that the sovereign debt crisis could spread to the euro zone's biggest economies turning for more on that in our business and plenty of. international news and comment live from moscow twenty four hours a day this is the thousands are massing in egypt's tahrir square to modeling the country's military rulers step down in the third day of clashes police here protestors were to gas and rubber bullets at least twenty four people have been killed in the largest demonstrations since february uprising that ousted dictator hosni mubarak. is life in car. you've been in tahrir square the entire day what is the mood like there. are tens of thousands of. people. jaime the mood is incredibly afy the people here are very very angry they're very frustrated and they say they

prince who owns a good chunk of citibank or maybe a bank of america and he also owns a good chunk of news corp company so percent you want him to be paying the taxes not the corporation. well on the monies that the individual receives spy all means if you get a distribution from the corporation then you're obligated to pay your fair share of the tax ok so you're saying is let's not confuse you talk about dividends you know when a corporation as it often passes out for profit that that should be taxed did i hear you say that to the individual i don't believe there should be a separate corporate tax it is really breaking the back particularly where we live here in new york it is very difficult for these medium sized corporations to really get going so. i'm just i'm just boggled by this david you know you don't you think that a corporation will actually let me ask you the question do you think that the tax rate that is paid on capital gains on capital is to gains that it's actually it's only for capitalists that which is right now at maximum fifteen percent and the maximum tax rate for workers fo

and iran's banks news corp with londoners to run feels and mistrust because its way. the u.k. slaps fresh sanctions on iran after concerns over its nuclear program severing all financial ties with the country more details to follow. international news and comment live from moscow twenty four hours a day this is. egypt's cabinet has submitted his resignation to the military rulers this car is tough to square the man in the government steps down at least twenty four people have been killed in three days of clashes in the largest demonstrations since february uprising dictator hosni mubarak. is in country. the mood is incredibly upbeat the people here are very very angry they very frustrated and they say they going no way they put paid to sit what's away been called a second revolution out many of the protesters i've been talking to say that they paid to die for the cause now we just heard reports that a few people have been badly injured possibly killed there are still radix some violence amongst protesters and security forces it's very difficult to tell exactly what's going on

news corp. said it is setting up a voluntary settlement program for victims of the hacking.p that anyone who gets inp a cash as to promise to keep quiet. the labor department says only 80,000 jobs were created in october. that is less than expected. the unemployment rate fell slightly to 9% and experts say the uncertainty in europe and washington over the u.s. budget talks may be causing companies to hold back from hiring more people. taking a lead at where the markets are trading atlook at where the markets are trading at. >> if you are fed up with their bank you can vent your frustrations tomorrow. efface the group is encouraging people to get rid of your big bang for smaller ones and credit unions. 76,000 people on the side have pledged to move their money. a new survey says and least 650,000 people have switched to credit unions and several big banks announced they were talking on new fees. most have decided to get rid of those fees under pressure from customers who they are planning on an a

. >>> important news corps air travelers. airtran airways is cutting service to five airports including dulles to save money. the change takes effect june 3. airtran is a subsidiary of southwest airlines. southwest will still fly in and out of dulles airport. >>> 55 degrees outside. >> surveillance cameras in schools. as a proposal fairfax county school board could vote on today. supporters and critics have their own opinions. >> the penn state woman: day care can be expensive. so to save some money, i found one that uses robots instead of real people. 'cuz robots work for free. robot 1:good m mning.. m robot 1:...female child. sfx: modem dial-up noise woman: are there flaws? yeah, um, maybe. anncr: there's an easier way to save. anncr: get online. go to geico.com. get a quote. 15 minutes could save you 15% or morepon car insurarae. >>> investigators obtained an arrest warrant for a man believed to be involved in friday night's's gunfire near the white house. u.s. park police say they're searching for 21-year-old oscar ortega

. >> don't go through my e-mails, news corp. i hate when people say that. it shows they don't know what it is. >> losing your job because you said something stupid in public is not a violation. >> look, ratner should have come out and said you know what, i apologize. it should be end of story. instead he came out and did this whole ridiculous letter. >> half of your sentence is the issue, ratner should come out. >> that would solve everything. they would hire him immediately. >> he has to have education and he will have to commit to doing a movie where the centerpiece is bullying. >> and will have to star chaz bono. >> and it will be pre screened by glad, and it will get advisors, tons of advisors, and he will become known for this as part of his wheel house. >> why doesn't he host the academy awards with something like 40 million viewers and use that to get the message across? >> you were right on that, eddie murphy did not want to do that. i like my kathy lee and hoda and i like my regis. he was looking for a way out. and this just gave it to him. >> it t

. >> she says when she was just a child she became a victim of the news corps hacking scandal.ichelle kosinski reports. >> reporter: charlotte church was 11 when fame found what the press called the voice of an angel. ♪ in. >> reporter: now in her 20s she's using it -- >> just horrible, you know? >> reporter: to history the hell that tabloids put her through. she said she was asked to sing at rupert murdoch's wedding in new york but told she could either accept more than $150,000 or favorable coverage in his newspapers. >> i remember being 13 and thinking why on earth would anybody take a favor over 100,000 pounds but being advised by management and certain members of the record company to take the latter option, he was a very powerful man. >> reporter: murdoch denies that and says her appearance at the wedding was a surprise to him. but 17 her phone had been hacked and someone paid a private investigator to track her. >> they brought a massive, massive black book, which was just full of information, information about me, information about my friends, family members. >> reporte