businesses. should he be talking about new businesses? the liquor store in saran knack lake where i have grown up has had two employees the past 40 years it is a small business, but certainly not creating any jobs. can the president make the turn to new businesses that do fuel job growth in this country? we will join him right after this. in times like these, you need an experienced partner to look out for you. heads up! and after 300 years we have gotten pretty good at that. [ male announcer ] ever have morning pain slow you down? introducing bayer am, an extra strength pain reliever with alertness aid to fight fatigue. so get up and get goin'! with new bayer am. the morning pain reliever. with new bayer am. words alone aren't enough. our job is to listen and find ways to help workers who lost their jobs to the spill. i'm iris cross. we'll keep restoring the jobs, tourist beaches, and businesses impacted by the spill. we've paid over $400 million in claims and set up a $20 billion independently-run claims fund. i was born in new orleans.

businesses. it is along with new businesses, there are new business models on twenty first street. we got in e -- an earful. we started to hear about some of the things that are coming down comingpie -- down the pipeline between 4:00 am and 6:00 am, when no one is there. there are lots of transients, late-night activity. there is considerable concern about the ability for businesses to keep their storefronts in order when no one is there. we are very concerned about that. we also heard about the sidewalk repair issue, who is responsible for them. hopefully everyone will be following up. the other little piece of information that i have is that october is disability employment awareness month. we have invited someone to give a presentation from the community vocational enterprise. they train and place people with disabilities in businesses across san francisco. it will be a very formative discussion. i am glad that this is coming up right now as we are also dealing with ada lawsuits. it is really important for us to look at hiring persons with disabilities as part of the business pl

. >> time now for business news. president obama in new york today. chinese prim ear and japan's prime minister are facing american criticism. china went about defending his country's currency policy saying 20-40% would lead to bankruptcy information. japan's prime minister will a dregs the assembly this week. away from this building, he will also meet with president obama to talk about the world's trouble spot, the global economic recovery and the japanese yen. last week, the bank of japan met with markets to guarantee the jen yen. that move was met with dismay in the u.s. this currency manipulation is seen as breaking international agreements. the leader has voued he will overcome the last 20 years of deflags in japan. he will not meet with one of the key actors. that is the crime he's prim ear who will also be sitting down with president obama on thursday. >> reporting for bbcs in new york. >> block buster has filed for bankruptcy protection. all orders are on line rather than going to the shop. the firm is more than $900 million in debt. demand ha

and again, it's to your point, small businesses tend to stay small. new grow and grow rapidly and add lots of jobs. this is my second time around the block on this one. first company i founded grew from one or two employees in 1988 to 2,000 employees by the end of the 1990s. this time around, three people in 2004, up to 170 now. so, yes, the new businesses grow the fastest. >> tell us about your innovation. what have you done differently? what change have you made in our economy with these businesses and these jobs? >> sure. ziris is about talk k wi-fi and bringing it into the enterprise. scaling it up, putting it on steroids, so it works in a business environment. it's essentially taking that one or two radio wi-fi point, packing 16 of those into a device and putting them in a business to handle all of those mobile devices. >> for instance, if we were to take this show out and on the road and had a whole bunch of producers and a crew, your product would be the thing we could use to create a wireless environment that's not the router in my house. >> yes.

. >> item 12, new business. any new business? >> i would like to delegate peter daily to represent the port at the apa annual conference in september of this year. >> second. >> any discussion? all those in favor? >> this is not a calendar item, so is it something to be dealt with at the next commission meeting? >> we're just asking peter daly to represent the poor. so it is not a voting item. -- represent the port. >> we are a form in thepa -- we are informing the apa, which requires the governing body to inform who represents us. and that is there any public comment on new business? any other new business? >> item 13, public comment. >> i do have a bunch of speaker cards here. i will call them in the order that we received them. they all seem to be on the same topic, so will go through them. >> good afternoon. i'm here representing members of the family of a man who was murdered a few weeks ago. by way of introduction, let me say that i was a resident of the city and county of san francisco from mid-1979 through almost the rest

bad news, the ravens allowed no touchdowns. >> so it was a mixed bag for baltimore sports fans this weekend. the orioles won, the ravens lost. but either way, the games helped generate a lot of business. >> that's always good news. kim dacey live downtown this morning with the details. hi, kim. >> hi, mindy. the orioles played in town here at camden yards, so, of course, o's fans showed up, but so did fans for their opponent, the new york yankees. local yankee fans came in by the bus load for the weekend series, and in the ravens game, televised from cincinnati, and it created big business for anybody selling anything downtown, from hotel suites to shirts to spirits. thousands of sports fans came downtown to watch the teams play. pickles pub across the street from camden yards says this weekend is the busiest they've had all season, with more than $10,000 in sales. so business owners are happy, and the sports fans say they had a good time, too, even sharing the town with fans from a rival team. >> you know, i really appreciate the yankee fans coming down. they're helping out the city, absolutely. i think we had a sellout, almost a sellout crowd last night and the night before. what i

time now for the business news. >> hello, george. let's start with news of a new gold rush underway. in early london trading gold reached an all-time high of $1,283 an ounce. all the signs are that the metal could hit the 1300 marks and. just as the dollar falls to a five-week low against the bureau. -- euro. port hoosick this -- is expected in the u.s. housing market. am i think the lot will depend on government policies. i think one reason we see the gold price rise and so sharply is investors are looking for alternatives to currencies. the problem we are seeing right now is that there is a lot of concern that the u.s. may move back to quantitative easing. we know japan is moving back in that direction as well. whether the u.k. may do as well as another question and investors' minds. the problem is it could lead to cover depreciation or inflation. and gold and silver are also looked at as the best way to hedge against these risks. as long as these concerns are out there -- and a lot of that i think it's related to how government deb

business news. juliet is with me. >> let us start with gold because it continues its record- breaking run. today prices hit $1,208 an ounce. since the end of august prices have risen by 10%. investors have been snapping of gold at the concerns have mounted over the fate of the global economy. investors are watching the united states, because anything that could weaken the dollar could send gold even higher. one analyst i spoke to earlier expects gold prices to keep moving higher. >> if governments continue to allow debt levels to rise, the central banks continue to print money to quantitative ease, i think the gold price and go a lot higher. obviously the government were to intervene and come across with credible policies to control debts and shore up currencies, you might see a different trajectory. but as long as those concerns about government policies remain in place, and financial institutions ability remain in place, gold prices could go a lot higher than they are today. >> later on on friday

stephanie money joins us after a short break with all the latest business news stay with us. for the full stop we've got. the biggest issues get a human voice face to face with the news makers. every month we give you the future we help you understand how we get there and what tomorrow brings the best in science and technology from across russia and around the world. join our technology update on r g. hello and welcome to the business bulletin russia's major gas producer probably will start the construction of a new gas pipeline to china next year that's from his deputy c.e.o. said the two sides move closer to an agreement on the basic price during president medvedev some recent state visit to china they also agreed on new terms for gas shipments to china including the route gas quality and the final point of the pipeline idea this week gas from agreed to supply thirteen billion cubic meters of gas annually to china over thirty years so a team from twenty fifteen. now while europe is facing a multi-year slog out of the economic crisis emerging markets are attracting more inves

and coming up in the business update all the latest news and also how the russian venture. he says he is. joining us in about twenty minutes. live from moscow this is a very warm welcome of violence continues to rage in iraq after three car bombings killed at least thirty six people in baghdad. following the official end of u.s. combat operations fifty thousand american troops remain in the country to train local security forces but. reports barely helps to make locals feel any safer. dark and dangerous and body armor does little to protect against the fact that they're not welcome here they're doing it this way out of patrol through one of the iraqi neighborhoods trying to prevent counterattack fire this is a bomb his team he stayed behind the mission providing training support and backup to the iraqi police when they get to our level we go over our operations order and planning for the actual missions we're going to do then we do a pretty brief and we actually go and execute these type missions that we're on now but the u.s. invasion to have a fully functioning iraqi secu

dot com slash business. news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. operations around. except. to live in a country that doesn't understand that there's more violence in the streets of this country than there are in the streets of baghdad. one of the spring. breaks of. broder there's room in the room please the st louis. sergeant of the israeli defense forces. during his service scorched a street fight. if a young son a colonel in the chilean armed forces participated in keeping down a military revolt. the sergeant of the u.s. army. tried to become an american by digging part in the. ranks and reasons differ but one thing brings them together once they disobey. marquees coverage of the breaking news at least seventeen people killed in a car bombing at a market in russia's volatile north caucasus region more than one hundred injured attack in the republic of north three suspects have been detained security has been tightened across the region. we'll bring you more on the story i

well before we cross back to moscow for the latest business news let's have a quick look at some of the world news in brief now. broken out in a residential district near san francisco after what is believed to be a gas pipe explosion residents heard a gloss before at least a dozen homes were engulfed to try to contain the twenty metre high flames and stop them from spreading to nearby buildings that are also some injuries but the exact number is still. a bus with nearly thirty passengers on board has been hit by a freight train in south is killing at least nine people and further fifteen where were injured when the train smashed into the bus and dragged it along for almost one hundred meters and investigation has begun police believe the bus driver missed the stop sign. the israeli air force was struck six sites in the gaza strip it's reported that a training base for security forces and some of the smuggling tunnels from egypt to been damaged some buildings and cars have been destroyed leaving to palestinians injured israeli officials say that the strikes are retaliate for rocket or m

coming up, the morning's financial news in the bloomberg business report. expecteds new ipad is to do a lot for its users. what about bringing a new life into the world? into the world? >> now traffic pulse 11 and insta-weather plus together. >> wednesday morning. we're halfway there. >> a whole lot of nothing out there. more good news. let's check on our maps. speed sensors are not picking up any delays now. a quiet ride on 95. we will see some delays surely. 51 miles per hour coming down towards the beltway. 53 of the northwest corner. 56 on the west side. so far so good on the j.f.x.. 57 miiles per hour traveling southbound at shawan road. live amidst traveling on the outer loop northeast side. 11 minutes on southbound 95. this is a live view outside at the toll plaza at sandy point. so far so good. we switch over to a live view of traffic and this is southbound traffic. no delays to report from owings mills down to the beltway. that is the latest on traffic pulse 11. now let's get the latest on the buses and the trains. >> looking pretty good on the rail

minutes past the hour here in the russian capital and in just a few moments we'll be here with the business news but for the meantime let's check out some other headlines now making news around the world and that fifteen killed many injured in a train crash in india it happened when a goods train rammed into a stationary passenger carriage in bad weather was about three hundred kilometers from the central city of bhopal india in that railway system carries more than eighteen million passengers a day and is plagued by accidents in july of least sixty people died after two trains collided at a station in the west bank. iranian president mahmoud ahmadinejad has challenged the u.s. to accept the role of his country and he says the future belongs to iran the comments were made in new york where he's attending a meeting of the un general assembly ahead of that session and he discussed the current state of the middle east with us u.n. secretary general ban ki moon but during the trip to criticize the human rights situation in iran. a powerful typhoon has moved on from taiwan. to widespread flooding int

dot com slash business. news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. operations around. to live in a country that don't understand that there's more violence the streets of this country than there are in the streets in afghanistan or baghdad. one of them of this parisian become a brace of. boxer to speak. to the. problems. of crowd gathers from a real business dumbest group of victims. of a failed state this is not a provocation but a warning. to the forces that we should see steverson he is sure to support the treaty speaks of they have no idea about the hardships to face. one it's the says it is open to new systems for the army the life of the usaf is the most precious thing in the world. is of self-sacrifice and heroism of those who understand it fully but you have to live a. real life stories from world war two. nineteen forty five don't comb. to be so much brighter than. some from fans to question its. stance on t.v. dot com. wealthy british style the sun. rising. market wh

the business news with yulia is up next. that's right time to delve into the world of business texas pacific group is in talks to buy ten percent of b two b. russia second largest bank the russian government owns eighty five point five percent of b two b. and has officially said it would consider selling ten percent of the bank this year and another twenty five in twenty eleven twenty thirteen it could take a few weeks and the g one of the world's biggest private equity firms with forty seven billion dollars under management might not be the only shooter. but it's been two decades since russia switched to a market economy business r.t. has been speaking to the man who helped his country through similar changes poland's former finance minister head of the national bank and now professor lester but several of which he supports the russian government's a.g.a of privatizing large state owned companies as being essential for developing a morton economy. even in the worst economy. were there was on the twenty percent of the state

hello and a very warm welcome to the business news business leaders from around the world are arriving in sort of the twenty four thousand olympics r.t.s. nicholas bull is that is there. the newly refurbished sochi airport is open it's the first of the olympic projects to become operational at a cost of just two hundred million dollars it represents just a fraction of the board of work going on for the olympics the company behind the development is basal aero. pass because basic element group which is involved in a number of other projects here as well including waste disposal a new seaport in the olympic village the airport is coming on time and on budget that is off the base of the arrow explains the project had a number of advantages over all the sites in and around sochi first of all we didn't construct the building itself which we didn't need to move the concrete and the salmon and. the sand and all the heavy material so we were not effectively using a roach too much. with the equipment we fortunately delivered to most of it before this. construction phase started around us so we

coming up, the morning's financial news in the bloomberg business report. >> it is the harry potter craze will look at the new trailer. >> looking very nice for your friday morning commute so far. we will >> now traffic pulse 11 and insta-weather plus together. >> happy purple for roddick. >> purple friday. yay! >> there is a book fair. >> in mount vernon. there are some closures related to that. if you're driving around town this weekend, charles street will be closed between center and madison street. there will be some closures in that whole area in mount vernon. be aware of that if you're hitting around time. we're looking good. inner loop topside checking in at 11 minutes. five minutes i-95 south between 132. 895 south looking at eight minutes. no delays at all. this is the topside of the beltway. things looking just fine there. there is some fog out there. use your low beams and some caution. hopefully that will dissipate. 95, there is a vehicle fire near white marsh. things look just fine there. it does not appear to be affecting traffic. that is the latest on traffic pulse 11. now

after the crisis companies are unwilling to borrow and innovation waits for the upturn my new question of business r.t. . look at the markets now european equities are losing this hour britain's foot is of the read ahead of us jobs data and news that british retail sales fell in august for the first time since january shares are up two percent on reports china seem.

all right stephanie is now here with the business news stay with us. hello and welcome to the business bulletin investors are once again focusing on the poor state of european banks the government of violent has announced it will be taking a majority stake in the country's second largest bank as part of a fresh bailout it's also revealed the price tag for bailing out all of its banks will be more than fifty billion dollars this will raise its deficit to thirty two percent of g.d.p. in two thousand and ten meanwhile moody's has lowered spain's top credit rating by one notch this puts additional pressure on the country's government as it prepares to pass the most are still budget in three decades it comes as the belt tightening measures imposed by the european governments provoked a massive protests across europe. concerns over public financing also feeding into the currency markets this week the brazilian finance minister said there was a covert currency war taking place as countries sought to devalue their way out of debt earlier i spoke to chris we fi

that's twenty past two pm here in moscow walking to business as of been reporting in the news the man of moscow yuri luzhkov has been dismissed by president medvedev liskov has ruled the city for eighteen years and with it he set the planning conditions for construction business r.t. spoke to the head of penny lane real estate agency about the impact of his departure on moscow's will estate market and this is what he said we expect a very long period of time when everybody is frozen nobody is approving or giving any permits everybody is stuck waiting for new orders from the new czar they are all worried if they could do something wrong there was worried orders to follow as they do no really know who will be on top tomorrow before everybody is stuck with no job going on and i believe that this would be a huge harm to the industry bad debts aggressors to our banks have reached twenty percent of the loan portfolio the highest since the beginning of the crisis the international financial finance corporation part of the world bank says russia needs to develop a market for bad debts banks c

new delhi stephanie mondays up next with all the latest business news stay with us . hello and welcome to the business bulletin russia's major gas producer gazprom will start the construction of a new gas pipeline to china next year gazprom deputy c.e.o. said the two sides move closer to an agreement on the basic price during president medvedev said recent state visit to china they also agreed on new terms for gas shipments to china including the route gas quality and a final point if the pipeline earlier this week gas from agreed to supply thirteen billion cubic meters of gas annually to china over thirty years sartin from twenty eight fifteen. now while europe is facing a multi-year slog out of the economic crisis emerging markets are attracting more investor attention but will they be able to grow in the event of a sharp slowdown in the developed economies but tell you how clover reports in the months leading up to the summer holiday season europe was gripped by fear that it would be overwhelmed by do that there was much talk of greece rial and really in spain defa

that's called mint slash business. news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. china operations are all day. for the full story we've got it first hand the biggest issues get a human voice face to face with the news makers. not to the international association of russian language and literature teachers who hold the world festival of russian language. are you interested in a better understanding of russian language and culture can you sing russian songs well. become a participant of the world festival of russian language and will an exciting trip to st petersburg in russia. for more information visit the festival website. would be soon which brightened if you knew about someone from funniest impressions . he's fluent stunts on t.v. dot com. now while boom welcome back to sell the flow of russian oil to china will triple by next year the target for the need is of both countries as they met to officially open comment on the men's incident. as jewish a

all right now stephanie joins me with the latest business news hi staff ivory so we hear that they are sequel to all of a stone's wall street film is heading to russia in cinemas it is a bit later in our boate and we'll be looking at the differences between fact and fiction in the world of trading but first russia is ready to provide china with all the natural gas it needs deputy prime minister igor such an announced incentive as the countries signed agreements on oil gas coal and nuclear energy russia may start delivering gas to china in two thousand and fifteen if the two countries can agree on all aspects of that cooperation contract with china which include gas pricing terms are expected to be signed by the middle of next year trying to want to triple the use of gas to about ten percent of all the. consumption by two thousand and twenty to cut its reliance on coal and oil. so that in after gas i'm bashing left of the only companies that will be allowed to take part in the tribes to talk of oil fields tender the other four applicants including luke or angus probably left have been d

and in just a few moments charlotte is here with the latest business news for you. this is mara region is economically and socially one of russia's better developed provinces the region has a significant scientific and industrial capacity doesn't realise its full potential after the construction of the. park can tell you he has completed the i.g. parco has r. and d. projects in the spheres of automotive construction aerospace and oil chemistry high tech data center furbish with cutting edge servers and communication equipment will be constructed at the core of the park the project has been personally approved by prime minister vladimir putin the federal government is planning to allocate sizable funding for the parks construction investors will be given benefits such as property tax exemption low land rental prices and other preferences but it is this a more regional government is open to mutually beneficial cooperation we invite investors to participate in existing projects and we are ready to give a hand of fulfilling your projects and growing your business in thi

a few moments we'll have the weekend business news with kareena stay with us. hungry for the full story we've got it for. the biggest issues get a human voice face to face with the news makers. every month we give you the future we help you understand how we'll get there and what tomorrow brings the best in science and technology from across russia and around the world. join us for technology update on our g. . o. welcome to business good to have you with us they head of russia's technology corporation was not only has called for a shake up of the legal and tax system he was speaking during a visit to was not a by prime minister putin was that the value of russia's not ultimately when it's the equivalent of thirty billion dollars corporation has so far eighty two projects they had over us not all on the phone each weiss says there's little hope for an efficient high tech sector on the current conditions. she would if he was a couple of really efficient venture firms as well as other infrastructure to build new technology is almost impossible the current legislat

level but first the latest business news. that's right time to have a look at the latest business news the budget deficit in russia this year may be at least twenty billion dollars lower than full cost it currently stands at two point three percent for the first eight months will be here if the trend continues the government will be able to save its resets and the say economy has recovered more quickly than expected from the crisis. a jump in food prices in russia is triggering inflation while this summer's drought is sparking fears about food shortages the government is promising to watch food prices closely and count them if necessary but large retain a say they have a better way to tie down inflation as i found out. in august alone prices and dairy products grew by about two percent sugar rose three percent and bread five produces stand accused of holding back supplies in the hope of bigger profits but retailers claim they can help push prices back down. large retail chains can be a serious break for inflation because they

now, you talk about new ways of funding, new types of businesses, new places. sonya gavankar is here, and she's going to take a look at this endowment model of foundation funding, maybe part of the future of news. sonya? >> farai mentioned propublica, and we wanted to show you propublica's web site. it's an independent, non-profit newsroom that produces investigative journalism in the public interest. with a multi-year commitment from the sandler foundation, propublica tackles the big stories, including the detention dilemmas in guantanamo, the stimulus, and the bailout. they've been tracking who gets the money, and you can track it through institution as well as state. coming in at number one, the state of new york, thanks to aig. i enjoy their reporting blog reporting network, where i can follow what stories they're covering and see how i can help their collaborative reporting projects. in fact, propublica encourages other sites to steal their stories. they say, "go ahead and take any of our stories. just give us credit, and don't edit it." they also partner w

>> next item is four, board of director's new and old business. director's new and old business. director6",o: á0xp link electronics, inc. model number: pdr-885 software version: 2.0a link electronics, inc. model number: pdr-885 software version: 2.0a and taking the muni bonds down. they work through that and were able to analyze some pictures of how that went. they completed the removal of both the howard street and field street overpass as well as the rest of structures across the temporary terminal after the first couple of weeks, and we expect to be able to get the temporary terminal contractor, who has already received a notice to come back, finish of last third of their starting september 20. just a reminder on how the demolition phasing goes, the pink areas -- the southern pink area is the work behind the schwab building, and that is the work that is almost completed. we're starting to progress of northward across veal street. they are doing the abatement right now, and we will start taking the deal street crossing down a week after next. this is where it all began the nig

new plans. there will start making plans for transportation to outer space. boeing says the plan is to provide space trips on spacecraft. that is business. i'm jane king reporting for wbal-tv 11 news. >> i wonder how many bags you can take on without being charged extra. >> hopefully they do not charge you for peanuts. >> thank you. >> it is 64 degrees on tv hill. we will check your morning commute again with traffic and weather together. >> come on back and we'll show you orioles highlights. >> don't forget to e-mail us your response to our water cooler question of the day. do you think the placement of a walmart in baltimore would be good for the neighborhood? e-mail your response to watercooler@wbaltv.com. >> it has started to look like a september to remember for the birds. they were putting together a series sweep against the blue jays last night. kyle drabek made his big league debut starting for toronto. felix pie comes in to score. what a night for brad bergesen. the orioles beat the blue jays 3-1. the orioles now have a five- game win streak. the orioles have the night off tonight. they play the yankees on friday. i hope your day

. >>> let's head to the business news. >> good morning, the feds final meeting before the mid-term elections. they are going to be discussing the policy tomorrow. they are going to focus on the economy. this is a new way to keep the interest rates low. a family was killed in an acceleration accident. >>> foreign investors could become part of a large bank within gm. >>> the town was topped at the box office this weekend. $23.8 million over the weekend, and easy a came in second. >> >> last week, we told you about some of the popular scams. we have some of the traps that we are learning about. >> any parent would feel sick when you think about the average cost of a college education, $40,000. that is why they are encouraging their children to go out and try to get scholarships. >> they tell you are eligible for something before they look at your criteria. >> be aware of any company or add that guarantees they can get you scholarships or grants especially before they know anything about you. >> what you want to do is find them through your college. you want either your college that you are app