our environment correspondent picks up the story. >> this is how most of us picture the amazon. dense, lush, jungle. but very occasionally, the unthinkable happens and the rain forest gets no rain. in 2005, the rivers just dried up. vital waterways were closed. fish died in huge numbers. a draught this severe was meant to strike only once a century. but then another hit last year. the river levels fell again. was this becoming a pattern? on this map, the red areas show where the rains failed in 2005, compared with a much larger area affected last year. this brazilian researcher witnessed the last draught. the drier the forest gets, the less carbon it can store. >> it's very sad to see what happens, and scientifically as well, because we see that we are losing our capacity to absorb the carbon from the atmosphere. >> new research in the journal of science has studied the last few draughts and their implications. in a typical year, the forest absorbs about 1.5 billion tons of carbon dioxide, a very useful service. but in the 2005 draught, the dying trees released five billion tons

i think, and the amazon ect. threat, and they've been a threat to bookstores anyway, it is that they will eliminate the remaining stores, and, you know, that means you'll have much less access to choice. everybody's, oh, yes, i can put my book on the internet, and everybody will read it. of course; that's crazy. millions of people put their first novel on the internet in hopes something other than their cousin will read it. that won't work. nobody knows the book is there. the whole publishing thing means making something public. that's what publishers are better or are not managed to do. the amazon google system works for books that people already know about, and that's a very, very small percentage of the titles. that's great. if you want to read jane austin on your kindle, fine, go ahead, but that's not solving the problems of people today. question? go ahead. >> i would say given that with bookstores and not wanting to be reliant in the way they regulate this, do you see a role for alternative modes for distri

what exactly did borders do with amazon and in your view, what kind of mistake was that? >> to reiterate, back in 2001 when borders had had its own website but instead of running their own e-commerce selling books directly themselves, they pass that onto amazon. so essentially they were giving up revenue to their competitor in order to essentially make certain things easier. but in doing that is something of a devil's bargain because they essentially own the online property. so by the time they changed direction they had a new ceo who said this was not a very good idea, but in claiming in 2008, by then amazon was already introduced the kindle. it would be introduced into 2009. so when borders did develop its own e-book strategy in selling some additional the readers, they just never were able to catch up in terms of appropriate market share. >> so what happens to the borders e-book reader? >> well, they say that any e-books that have been bought through borders website are in their words perfectly safe. it's also interesting that the other partner in australia, which inci

what did they do with amazon, and what kind of mistake was that? >> to reiterate, back in 2001, when they had their own web site. instead of running their own e commerce, selling books themselves, they passed to that amazon. they were giving up revenue to their competitor in order to essential lick make certain things easier. it was something of a devil's bargain. they didn't own their own online property. by the time they changed direction, i they, i think, a new ceo who said this was not a very good idea. in reclaiming it in 2008. by then, amazon had already introduced the kindle, the nook was already into work. it wouldn't be introduced until 2009. when borders did develop it's own ebook strategy in selling some additional ereaders, they just never were able to catch up in terms of appropriate market share. >> host: what happens to the borders ebook reader, the cobo? >> guest: well, cobo says that any ebooks that have been bought through borders web site are, i believe, in their words perfectly safe. the side point, but it's interesting that cob

the strategy was never at the san level as amazon. it always kind of scenes that borders was operating a few steps behind every other retailer and combining all the additional factors that have been impacting the publishing industry, especially on the print side, in combination with various managerial mismanagement. it really did not come as a particular surprise that borders declared chapter 11. >> you mentioned the amazon connection. what exactly did borders do with amazon and in your view what kind of mistake was that? >> wow, to reiterate back in 2001 when borders had its own website instead of letting their own books be sold directly they passed that amazon. in a sense there are giving up revenue to their competitors in order to the essentially make certain things easier, but in doing that it was something of a devil's bargain because they did not essentially own their own on-line property. by the time that they changed direction they had a new ceo who said this was not a very good idea. planning it in 2008. i've been amazon had

it has tremendous repercussions on the people and that is why in the amazon cancer rates are much higher. there are one hundred forty seven percent more cancer cases that in other areas of the country which have no oil activity. thank. you we have the highest cancer rates in the ecuadorian amazon over fifteen hundred people have died from cancer. that's so people die from cancer all across the world causes and effects between oil and cancer have never been proven it's never been medically certified they say there are. with cancer well let's suppose they are no one has proven that it is because of the oil . to see how they degrade the natives telling them all is a fertilizer for their plants and farm lands if there is a ceiling your property be happy for oil is a first allies what they tell them all is good for the here because they are shampoos with the world so you can take some oil and put it on your hair. in the areas the drinking water was proven polluted however they went there with a team performed analysis and told them you can export this water bottle it and export it it is very

things like their website to amazon in 2001 and they didn't reclaim it until 2008. their ebook was never at the same level as amazon of the kindle or the barnes & noble with the nook. it always kind of seemed borders was operating a few steps behind every other retailer and especially on the print side in combination with various managerial mismanagement, it really didn't come as a particular surprise that borders declared chapter 11 >> sarah weinman you mentioned the amazon connection. what exactly did borders do with amazon and in your view, what kind of mistake was that? >> well, to reiterate, back in 2001, when borders had had its own website, but they instead of running their own ecommerce, selling books directly themselves, they passed that to amazon. so essentially they were giving up revenue to their competitor in order to essentially make certain things easier but in doing that, it was something of a double bargain because they didn't essentially own their own online property. so by the time that they changed directions, they had, i think, a new ceo who sai

what exactly did borders do with amazon, and in your view, what kind of mistake was that? >> guest: well, to reiterate, back in 2001, borders had had its own website, but instead of running their own e-commerce selling books themselves, they connected with amazon. essentially, they gave up revenue to their competitor in order to make certain things easier. in doing that, it was a devil's bargain because they didn't own their own online property. by the time they changed directions, there was a ceo who said this is not a good idea. reclaiming it in 2008, by then, amazon had already introduced the kindle, barnes & noble's nook was in the works and would not be introduced in the twine, but when borders developed their own e-book strategy in selling some additional e-readers, they were never able to catch up in terms of appropriate market share. >> host: what happens to the borders e-book reader, the kobo? >> guest: well, any e-books bought through border's website in their words are perfectly safe. it's interesting that the other partner in australia which incidentally franch

it's for its existing amazon prime customers who already pay $79 per year. both amazon and netflix were caught up in the sell-off today, falling 3% and 6%, respectively. netflix announced a deal with cbs. the energy sector was among the best performing today, thanks to oil prices, but companies using oil saw some selling. delta air lines, carnival cruise ships, and fed-ex each saw stiff selling on heavier volume. and that's tonight's "market focus." three dozen types drilled from around the world. here in the u.s., when we report oil prices, we're usually referring to what is called west texas intermediate oil. but there is brent crude oil, near the united kingdom, and mars crude is higher sulphur from the gulf of mexico, and the due by mercantile exchange is the benchmark for mideast oil. all of this brings us to tonight's word on the street, crude. dan dicker joins us once again from the nasdaq. welcome back. nice to see you. what price should investors in oil stocks pay closest attention to? >> the one that is most widely publicized, that is the closest r

but reclaiming its in 2008 by then, amazon had dirty introduced the kindle. the note was already into work and so it would be introduced until 2009. there is additional you readers. they just never were able to catch up in terms of appropriate market share. >> so what happens to the borders e-book reader? >> well, cobo says any e-books that have been bought through borders website are perfectly safe. but it's also interesting that cobo's other partner in australia, which instantly franchises the borders fame for various books have also declared encrypts the over the air. i'm hopeful that the assertions are indeed true, but i think it'll be interesting to see if in fact the people but in reclaim them and so on and so for. >> borders has about 642 a box stores across the country. how many are they closing? >> they are closing 200 the going out of business sales are in fact going on sale tomorrow. i've lived the liquidation sales will be 20% to 40% off and those are already going to be in the works. they've actually already started shutting down the cafÉs as a s

but reclaiming it in 2008, but then amazon had already introduced the kindle.arnes & noble's note was not introduced into's 2009 so when borders did develop its own e-book strategy in selling some additional e-readers, they just never were able to catch up in terms of appropriate orcas share. >> host: what happened to the borders e-book reader, the kobo? >> guest: kobo said that any e-books that have been bought through borders web site are at believe in their words, perfectly safe but it is also interesting that kobo's other partner in australia which incidentally franchises the borders name for various bookstores, they have also declared bankruptcy over there. so i'm hopeful that kobo's assertions are indeed true but i think it will be interesting to see if in fact the e-book are safe and people can reclaim them and read them and so on and so forth. >> host: borders has about 642 big box stores across the country. how many are they closing? >> they are closing 200 they are going out of business sales are in fact starting tomorrow. i believe that the liquidati

is amazon streaming service a threat to net flics stock price? >>rob: this on as a special deal if you pay $89 a year you can get anything second day to you in the mail. if you buy a bag of grass a will come the second day. he will have to pay that u.s. shipping. if you get that $80 package, now you get 5000 movies, tv shows such a slight net flecks on line. i tried to service this morning is just like not flex. i like those services to me it's now commodity. since i like the amazon deal so as not flux. they just lost a subscriber. >>pam: is h-p a good buy after rough day? >>rob: h-p is great long- term gain if you look at it over 20 the third year.to 30 yet buying goods stocks after a bad day. about saturday to meet me and have your questions answered personally. this wealth accumulation in the morning and wealth management in the afternoon. it's only $6 it reaches about $3,000 which i match for the children's hospital. you could e-mail for all that at www.rob@robblack.com. we'll be right back. >>pam: new video showing the strength of the deadly

a court in ecuador has ordered chevron to pay $8 billion for pollution that polluted the amazon regiontexaco was accused damaging the jungle and contaminating thousands of people by using faulty drilling equipment. chevron says it will appeal. let's get the latest on this from our correspondent. this is another stage in what has been a long process. it is not over yet. >> it is not the end of the story. they are planning to appeal. they say this is an illegitimate ruling. they disagree with the scientific measures that have been taken by the prosecution at the rise of this huge sum of money. they want to challenge that in more detail. even though the plaintiff represents 30,000 ecuadorian is, saying $8 billion -- they say it is not enough and they may bring about an appeal. >> environmentalists are hoping this case will set a precedent. >> yes, that is what they are saying. this has been going on for an awful long time since 1972. they say this pollution by dumping waste into rivers in the amazon area -- they say this is being closely watched by other groups who believe it should set a

best reaches of the amazon were damaged by the dumping of toxic materials into rivers. the case was brought against chevron on behalf of 30,000 ecuadorean. they said drilling practices by texaco, which was brought -- was bought by chevron in 2001, was responsible for widespread harm to the area. environmentalists have said they hope this will set a precedent, forcing companies to comply with the same standards in the developing and industrialized world. plaintiffs describe the judgment as a great step toward justice. w3chevron has said it will appe, that the rulings are illegitimate and unenforceable. the company said it was a product of fraud. bbc news, los angeles. >> still to come, a candid portrait of a covert intelligence service. 14 people have died in a plane crash in honduras. the central american airlines craft crashed slightly before it was due to land in the capital. the deputy transport minister and former economy minister were among the victims. the honduran air force says weather conditions in the area were poor. >> the immediate aftermath of the crash, th

the ruling blames chevron for the toxic wastewater from drilling dumped in the amazon river 20 years ago. the people sued claiming they have suffered from cancer and birth defects as a result. chevron inherited the case when it bought texaco 10 years ago and says the judge's ruling is illegitimate and unenforceable. but environmentalists say the oil giant could have prevented the damage. >> this verdict was handed out in the court that chevron asked it to do. they forced it to move back t ecuador. they didn't want it in the united states. >> this verdict is illegitimate. >> reporter: a hollywood movie "crude," there is talk of threatening judges and falsifying reports and chevron accuses the judge of relying on the movie in its ruling against chevron. so the oil giant went to an international judge who put stays on the enforcement of the ruling. chevron says they don't assets in ecuador so the plaintiffs can't collect but the environmentalists will be celebrating anyway saying they have won. >> thank you, sharon chin in san ramon this morning. >>> a major boost for the bart extension

past waves of the amazon region the damage in the dumping of toxic materials. the case was brought against chevron on behalf of 30,000 ecuadorian. they said 40 drilling business is responsible for damaging and killing farm animals and in widespread farm -- harm to the indigenous people. environmentalist hope the case will set a precedent. a spokesman for the plaintiff describe the judgment as a great step toward justice. chevron has said it will appeal and called the ruling illegitimate. the company said it was the product of fraud and contrary to legitimate scientific evidence. >> president obama has said he wants to cut more than $1 trillion from america's federal budget to restore the united states to fiscal health. the proposed budget has seen as an opening bid in a long process of negotiation with house and senate leaders. there is already been a dismissive response from the republican party, which controls the house of representatives. you are watching bbc news. 50 days into the virtual voyage to mars. the astronauts stretch their legs from the seatup. --

but then, amazon it would introduce the kindle. once ennobles milk was already in the works and wouldn't be introduced until 2009. someone borders to develop the e-book strategy in selling some additional, they never were able to pack up in terms of up to marketshare. >> so what happens to the borders e-book reacher? >> well, cobos says that any e-books that have been bought through borders website are in their words perfectly safe. it's also interesting that the other partner in australia, which incidentally franchises the borders are have also declared encrypts the over there. so i am hopeful that cobos ushers in r&d true, but it will be interest and if in fact the e-books people bought through the border sites are safe and people can reclaim them and read them. >> so borders has about 642 takeback stores across the country? , near the closing? unite the closing 200 the going out of business sales are in fact starting tomorrow. i believe the liquidation sales will be between 20% and 40% of the nose are arty going to be in the wor

what exactly did borders do with amazon, and in your view, what kind of mistake was that? >> guest: well, back in 2001 when borders had had its own website, but instead of running their own e-commerce selling books directly themselves, they passed that job to amazon, so they were giving up revenue to their competitor in order to essentially make certain things easier, but in doing that, it was something of the devil's bargain because they didn't own their own online property. by the time that they changed directions, they had, i think, a new ceo who said this is not a very good idea, but in reclaiming it in 2008, by then, amazon had already introduced the kindle. barns and noble's nook was already in the works. it wouldn't be introduced until 2009. when borders did develop their own e-book strategy in selling some additional e-readerrers they just -- readers, they were just never able to catch up in appropriate market share. >> host: what happens to the e-book reader, kobo? >> guest: they say any books bought through border's website they say are perfectly safe, and signs

. >> you mentioned the amazon connection. what exactly did borders do with amazon and in your view what kind of mistake was that? >> well, to reiterate back in 2001 when borders had its own website instead of running around the commerce selling goods directly day tasks that amazon. essentially there were giving that revenue to their competitor in order to essentially make certain things easier, but in doing that it was something of a devil's bargain because they did not essentially on their own on-line property. by the time that they changed direction they had a ceo who said this is not an idea. so reclaiming it in 2008. by then everyone had already been introduced to the candle. already in the works. it would not be introduced until 2009. so borders to develop its own e-book strategy in selling some additional the readers. they just were never able to catch up in terms of appropriate market share. >> so what happens to the borders e-book reader? >> well, in the e-books that have been bought through borders are perfectly safe

. >>> amazon is taking aim at netflix.ple who subscribe to amazon.com's premium membership can stream movies and tv shows over the internet. the prime membership costs $79 a year. the netflix streaming service costs about $95. netflix does have more movies to choose from, as well as recent movies, but amazon says it will continue to build its library. >>> and the recession may have had a silver lining, at least if you're a boss. according to a new survey from careerbuilder.com, more workers are starting their day on time. 15% of respondents say they arrived late to work at least one day a week. that's actually down from 20% three years ago. traffic and lack of sleep were the most common excuses. and betty, i use lack of sleep for everything. >> we know all about lack of sleep, don't we? all right. but we're here on time. gotta be. >> got to be. >> the show must go on. ashley, thank you, joining us live here in new york. >>> nevada is the only u.s. state where prostitution is legal. well, now the state's most powerful polit

brief respite from japanese dinner plates there is a different kind of eco crisis unfolding in the amazon oil companies have been dumping toxic tema chemicals in ecuadorian forests for decades destroying biodiversity and threatening the existence of indigenous populations or he's exile report comes away in fifteen minutes here's a sneak peek. farley in his news black israelis and palestinians have been longtime enemies but for mothers who are desperate to save sick children the conflict takes a back seat and israeli clinic is saving thousands of lives of youngsters from many neighboring countries even those with whom israel is at war our teams policy reports. every alway is touch and go for fourteen months all done to his little heart was born with a hole in it that without the operation in this hospital my son would have died and in the next ward fourteen year old one yell who was almost dead when she was wheeled in one of five iraqi children flown from baghdad to a month and then driven across the border to jerusalem she was almost that she was so sick that she could not walk you very t

up next the second part of our special report on the damage oil companies are doing to the amazon rain forest and to the indigenous tribes that live there. would you believe the locals were affected by cancer when it's letters. good hygiene conditions are terrible actually all the drinking water in eastern ecuador is. we have analysis results that show the water contains excrement residues meaning that it comes from the native steph occasions that is what causes cancer and all other illnesses if you constantly drink water with feces that it since you were a child let's see if that doesn't cause you some serious illness. and all those stomach cancer is definitely looks.

up next our special report on the damage the oil corporations are doing to the amazon rain forest and the indigenous tribes living there. i. i led. the league live . lives.

attacks are special damage oil companies are doing to the amazon rain forest and the indigenous tribes living there stay with us. would you believe the locals were affected by cancer when his letters. hygiene conditions are terror.

it blames chevron for the toxic wastewater from drilling dumped in the amazon river 20 years ago. the people sued, claiming they have suffered from cancer and birth defects as a result. chevron inherited the case when it bought texaco 10 years ago and says the judge's ruling is illegitimate and unenforceable. environmentalists say the oil giant could have prevented the damage. >> this verdict was from a judge, they didn't want it in the united states. they forced the trial in ecuador. >> reporter: they say in a movie there is talk of oil companies threatening judges and falsifying reports and chevron accuses a judge of relying on the movie in its ruling against chevron. so the oil giant raced the outtakes to a u.s. and international judge, who have both apparently put stays on the enforcement of the ruling. now, the judgment ranks as number 2 as far as environmental damage cases. that's behind the $20 billion that bp agreed to pay to victims of last year's gulf of mexico oil spill. and at about 11:30 this morning, environmentalists plan to rally near front of chevron to celebrate

. >>> amazon is edging into the territory of netflix.mazon now offers free instant movie and tv show option for prime service customers. customers can choose from 5,000 classic and recent movies and tv shows. amazon already offered instant video on its website with sales and rental prices based on the age and content of the customers choices. >>> time now 5:53. well, a toast for america's wine makers. one way the business is booming especially for california wine makers. >>> plus, how "american idol" will give you a new way to pick the winner. >>> welcome back to the morning news. vallejo police are trying to determine if a man found dead was the victim of a homicide. an autopsy has revealed that 45- year-old robert mass died of blunt force trauma. but police are still not sure if he's the victim of a crime. he went missing three weeks ago after he was seen leaving his home to take his dog for a walk. his body was found last week. >>> the chihuahua at the center of an argument that led to its owner being shot has now died. san francisco

largest value drop is -- the other area that has seen the largest volume drop is the outer mission, amazon, those areas have seen the largest percentage drop. it is where we have been hit hardest with foreclosures. we make sure that we take an extra look. we proactively have been reviewing every home that was purchased after 2000. even though we think eligibility is for people up to 2003, we review any homeowner who purchased after 2000. that was roughly about 15,000 homeowners. of that, reduced -- no one had to apply or call us. we did this on our own. we reduced 10,000 of those homeowners. roughly, you have 10,000 reductions that we did on our own. 1700 reductions were done through this application process. 5000 time shares is how you get to the 17,000 number. just to give you a comparison, it is quite a bit in san francisco. these are huge numbers, larger than the dot com bust. alameda and santa clara did about 1000 come a tenfold. -- 1000, tenfold. we are doing better than our counterparts in other parts of the bay area. i feel fortunate. the tax reduction was about 21 million in taxes

take a look at amazon dog,. but there will be is some winners in involved with all of the is leaders. >> we have the cash, we have the confidence. if we do not spend their money in general we will spend in february and march. the downside as we have everything going well for us but we cannot spend it right now. right now in the quarter it, tided annually. we're not wood to see them because of the economical impact of the weather. that attempt to man's mate show feb. has a good show them that the east coast got pounded. we could have better sales in december. all things considered the storm has an effect. a short-term effect. the storm and australia. the tiepin, the cycle? >> yes. the cyclone. and that the weather has the effect on how wall street plays out. >> all of the country it affects everybody. >> yes >> let us talk about google. they have a little teff with microsoft. >> yes. i've tried different what will happen over --you have an application to get into yourself. google it is thinking " we take caught s

. >> right amazon did well. orders thought people would still want to come in and touched the books, and pay for coffee and enjoy. it feels it is a football field when i got one. to me that's retail square-foot space. when you go and what apple store, i'm talking as an investor. when you go in to borders, there is hidden treasures of the world here. its expansive and tough to make money out in the long term. >>catherine: the on-line presence wasn't strong. we will be back, rubble and your e-mail's. stay with us we'll be back after the break. ñ >>pam: in the budget battle looming $110 million deficit has san jose officials warning, they may have to lay off hundreds of public safety employees even if the city does get labor concessions from its workers. in a preliminary budget session, officials painted a worst-case scenario. it includes laying off up to 349 police officers, that's 30 percent of the force. even if the city desk at a 10 percent concession from the union, and may still have to cut 237 officers. the

the 18 year old lawsuit accuses chevron of being responsible for chemicals dumped in the amazon river. chevron has said the lawsuit was tainted by fraud. >>> an employer that's the key to the freedom. the head of marketing of google for the middle east and north africa is credited by many with launching the facebook page that helped to spark the revolution. he said that the leaderless revolution couldn't have happened without the will of the people and their passion. he spent 12 days in prison where he says he was beaten and blindfolded. he said he forgave them and kissed them when he was let go. in an interview last night he said while publicly silent google did plenty of pr work to help get him out of prison. at 6:30, a closer look at how social media plays a role in the revolution spreading across the middle east. perspective from one of the founders of twitter. >>> a local weather now. about time it starts acting like winter around here. we got a taste of it today. jeff also bring you in. the question is, what do we do now? >> i'll be staying busy in the weather center. >>> not on