morgan c.e.o. jamie dimon and news corp c.e.o. rupert murdoch. the march was highlighted by shouts of "we are the 99%," referring to the movement's theme that 1% of the population controls too much of the nation's wealth. >> as investors awaited the number from alcoa after the close, kind of a quiet trading day. let's get you updated with tonight's market focus. a mixed close for the major indices with no real direction today. the dow industrial average highlights the choppy price action we saw throughout the session. but after weeks of triple-digit swings, today's 85-point range was the narrowest since late july. investors were not feeling particularly defensive today. the utility sector saw the biggest losses, down more than 1%. telecom services also fell 1%. buyers had an appetite for growth sectors. technology was the best, up just over a half-percent. leading tech stocks was software firm citrix systems. it makes the go-to-meeting software. today's 5.5% gain breaks the stock out of the range it has been trading in since the summer sell-off.

by the way, new c.e.o. meg whitman will work on $1 a year. semiconductor maker micron didn't help things in technology, reporting a loss in its fiscal fourth quarter. analyst had been expecting a penny per share profit. micron has been hurt by falling prices for memory chips used in personal computer. micron was the biggest loser among s&p 500 stocks, falling more than 14%. volume was heavy today as well. the stock fell to a new 52 week low, just above $5 per share. it has been a tough week for chip stocks. today, n-vidia fell 4%. advanced micro devices sparked some of the sector selling earlier in the week when it had a disappointing outlook. a.m.d. fell another 4% today. and intel dropped almost 4%. we mentioned earlier how the materials sector was the worst stock sector this quarter. it was also the worst today. heavy equipment maker ingersoll rand fell more than 12%. volume quadrupled with the stock falling to a new 52 week low. the stock is down 40% from its july prices and down more than 45% from its high in may, its third quarter outlo

c.e.o. dave prokupek says the idea has really taken off. >> we'll have about 150 stores open at the end of 2011 and we started just in the middle of 2007, so we've been growing at something like 2,000% here over the last four years. >> reporter: prokupek and partners founded smashburger with $20 million in private capital, allowing rapid expansion without borrowing. success has come despite the down economy. >> i feel really proud coming out of this great recession that we have created about 2,500 jobs this year alone, will keep adding to that amount as i look forward, 2,500 or 3,000 year. >> reporter: prokupek calls colorado the silicon valley for restaurants. he hopes to take that entrepreneurial spirit for food overseas. smashburger will soon open its first franchise in saudi arabia. smashburger isn't the only bright spot on colorado's food scene. each year the state office of economic development honors 50 companies showing high and sustainable growth. most are the small businesses helpi

here's jamie merisotis, president and c.e.o. of the lumina foundation. >> reporter: with all of the recent talk about budget deficits and trade deficits, the deficit i'm most worried about is our national deficit of trust. just look at the historically low levels of public trust in our political leaders, or the growing distrust in corporate integrity reflected in the occupy wall street protests. no industry or sector is immune, even higher education. with tuition rates on a steady climb, and with scientific studies questioning how much students really learn, colleges and universities are now facing the same kind of critique. let's be clear-- for the u.s. to remain competitive, we'll need more college graduates. two-thirds of all jobs being created require education beyond high school. yet today, less than 40% of americans have a college degree. the nation's economic future depends on colleges and universities keeping the public's trust. they can do this by better serving adults, minorities and other populations that have been un

chairman and c.e.o. irene rosenfeld is trying to whip kraft into shape before its grocery and snack businesses separate next year. she talked to diane eastabrook about the challenges of building a healthier business in an unhealthy economy. >> taking a recess from the executive suite, kraft chairman and c.e.o. irene rosenfeld plays with students at a chicago charter school. rosenfeld came to this charter school to see how the public school integrates health and wellness with academics. in the lunchline you won't find any oreo, only fruits, veggies and lean meats. like the school, kraft wants to be healthier, too. recently they increased the amount of whole grain in wheat thins and honey maid graham crackers. they also removed the transfats from oros an other products. rosenfeld told me food companies risk losing customers if they change their flavor. >> it's a challenge, but it's one of the things i'm most proud of. we have terrific individuals in our r&d facility, and they've done an excellent job on pr

c.e.o. klaus kleinfeld joins us to discuss the results. later in the week, we'll see results from google, j.p. morgan chase and pepsi. >> susie: big news in the corner office at the house of mouse and its all about planning for the future. robert iger will add chairman to his title in march and step down as disney c.e.o. in 2015. during his six-year run as c.e.o. he increased disney's value by a third. he's also credited with reinvigorating the company, highlighted by the acquisition of pixar animation and marvel entertainment. >> tom: another big american company general motors is putting the brakes on plans to add a second shift at the factory making its chevy volt electric cars. g.m. will make one shift more efficient so it can produce the same number of cars as two shifts. fewer than 4,000 volt's have been sold far less than g.m. sales 2011 target of 10,000. its main competition-- the nissan leaf currently is outselling the volt with more than 6,000 sold between december and august. >> tom: a rally through june, a summer swoon and then

the services suppose to be back up and running and the c.e.o. jumping to any microphone to say i'm sorry. >> all too little too late in the eyes of users. the c.e.o. acknowledged that the company will have to work real hard to undo the damage. listen. >> for those affected i know this is very frustrating. we are doing everything in our power to restore regular service levels and working tirelessly to restore your trust in us. >> with the problem actually fixed they are turning their attention now to compensation but no details from the company yet as to how they will handle that or when they will handle it. >> shepard: this couldn't have come at a worse time for the parent company r.i.m., research in motion. >> a whole slew of android devices hitting the shelves for the holidays and a new app which allows users to transfer everything from a blackberry to an iphone. already this year alone r.i.m. stock is down 60% and if they don't fix that and earn back that trust this could be a case of r.i.p. r.i.m. >> some are asking the feds to investigate t

c.e.o., jon corzine, the former governor of new jersey who once ran goldman sachs. it was jon corzine's dream to build m.f. global into a mini goldman sachs. he talked about transforming the midsize firm to a full-fledged investment bank. but all that changed when corzine and the firm made too many risky bets, especially some bad trades in europe. as the european debt crisis worsened, m.f. global posted a loss of $186 million in its fiscal second quarter because of that huge loss, it was downgraded to junk status. this is the eighth-largest corporate bankruptcy filing in the u.s. since 1980. m.f. global listed its assets as $41 billion. it has nearly $40 billion in debt. it has a large number of creditors. j.p. morgan bank and deutsche bank trust are the top two of its 50 unsecured creditors, with more than $1 billion each. others include pricewaterhouse- coopers, oracle corporation, bloomberg finance and the forum group. until today, m.f. global was considered among 22 companies financially

tomorrow, we continue our look at how to fix the economy with david cote, c.e.o. of honeywell. a big recall for harley davidson. it wants to fix a switch problem on over 300,000 motorcycles. harley's worried the brake lights, and possibly even the rear brakes themselves, could fail. the models are involved in the recall, the touring, c.v.o. touring and trike vehicles from the 2009 to 2012 model years. so far, there's been just one crash reported from the issue. fedex is hiring 20,000 seasonal workers as it gears up for a busy holiday season. the shipping giant says it will handle 260 million packages between thanksgiving and christmas. that's a 12% jump over last year. and fedex thinks the busiest day for holiday shipping will be december 12, when it expects to move over 17 million packages-- almost double its normal load. and finally tonight, its expected to be a big seller this holiday season, and no its not an iphone-- but close. it's about the man who created the iphone. amazon.com today predicted the new biography of apple c.e.o. steve jobs will be its top seller for all o

>> stahl: jeff immelt is the c.e.o.ectric and one of the country's most important business leaders. now, he may have an even more important title: job czar. the republican was recruited by president obama to help generate ideas about creating jobs. >> just look at how many hours a day do republicans spend on job creation, to democrats spend on job creation, does the white house? it's nowhere close to 100%. we're not spending enough time on jobs. >> simon: it became known as the "facebook revolution." eight months ago, they forced egypt's dictator out of power. last month, we went back to cairo to see how much it changed. we found that the military is still strongly in control, that it has reimposed a state of emergency, and protestors are being arrested, beaten and tortured-- sometimes, just for singing a song. >> pelley: there's almost a thousand agents representing nfl players, but no one represents more of them than drew rosenhaus. >> way to go, stud. hell of a job today. really proud of you. >> pelley: and as you'll

c.e.o. lloyd blankfein blamed the quarterly loss on difficult market conditions and the lack of confidence among investors and corporate clients. for more on goldman's dismal quarter and the outlook for the stock, let's turn to tonight's "street critique" with hilary kramer of gamechangerstocks.com. >> so hillary, you have always liked gold. you raved about it in our programme many times. how due feel about it now. >> i still love goldman sachs, and i'm more optimist k than ever, but investors are finally seing it my way. >> how is that. what do you mean? >> goldman sachs trades as a huge discount to tangible book value. basically it's undervaulted. think about it. financials have gotten so badly hurt. goldman sachs like all the other investment banks tend to see most of the acquisition and requisitions in the father quarter, and they're backlogged with deals analysts digested the news about goldman sachs $393 million loss figured out that the fourth quartered is going to be a blowout quarte

meanwhile, the c.e.o. of honeywell is offering up another type of growth plan. dadavid cote says the u.s. needs an american competitiveness agenda. that was the message he proposed today to a group of business leaders and policymakers meeting in new york. honeywell is a $33 billion industrial conglomerate that has many brands consumers recognize: thermostats, garrett turbo chargers, auto products sold under the name of prestone and autolite-- it also makes aerospace systems. as we continue our series "how to fix the economy," i asked honeywell's david cote, "what should be america's competitive agenda?" >> there's six that i point. to the first is resolving the long-term debt problem. the second is chili having an energy policy. the third is path and science education. the fourth is infrastructure. the fifth is free trade and a more comprehensive nuanced relationship with china. the sixth is tort reform. and these are all meaty issues to address with the biggest most imminent one being debt. >> susie: so where do we start in what should we focus our efforts on?

tim cook took over as c.e.o. two months ago and is considered an operational whiz with a focus on detail. the company's top pitchman, philip schiller, is well respected. and jonathan ive is the company's design star. but none have yet shown the magic that jobs had. technology expert lance ulanoff believes apple can still thrive. >> none of them, by themselves, is steve jobs. together, they have his essence. and they can help bring products to market that will have steve jobs' influence. >> reporter: apple shares were flat today, but over the past five years, they are up more than 400%. garrity believes the stock is still a good value. >> on a valuation basis, the stock is not expensive. it is trading at approximately 13 times this year's estimated earnings. the expectations for next year are that earnings will grow close to 20%. >> reporter: based on patents, some analysts predict apple could reinvent television to be more interactive. another possibility is a mobile device with a projector and gadgets that recog

>> yeah, it happens. >> reporter: the honeywell c.e.o. got a closeup look at the capitol's bitter politics when the president appointed him to his commission on fiscal reform last year. you gained an insight into washington that a lot of business leaders don't have. what did that show you? >> (laughs) i said to those guys more than once-- because we had good people in that commission. i told them "i don't know how you get your job done down here." everything's ruled by what i called the three hs. hysteria, histrionics and hyperbole. they take what should be a logical discussion and make it ridiculous. >> reporter: cote says it's up to washington to set the tone that will make businesses confident confident enough to hire again. >> we just argue. >> reporter: cote sees the economy headed for slow growth, not a recession but says he can't afford to be wrong. >> pelley: what will it take to get david cote and others to start hiring again? >> reporter: cote says, and i've heard this from other business leaders. if congress could agree on a cl

speaking of ford, c.e.o. alan mulally joins us to talk about those results and what's driving the company's future plans. u.b.s. will pay $12 million to settle accusations that it failed to oversee millions of short-sale trades over the last five years. the financial industry regulatory authority, or finra, accused the embattled swiss bank of a "systemic supervisory failure." u.b.s. didn't admit or deny the accusations, but said in a statement it was pleased to have the issues resolved. paying for news on tablets is a touchy subject. a new pew research study finds tablet owners spend a good amount of time catching up on news using those devices, but they don't like paying extra for it. the survey found only 14% of owners actually paid for their news. one in five of them have print news subscriptions that include tablet content. many media companies hope to boost revenue by charging for content on the ipad and other tablets. it's day 117 of the n.b.a. lockout. team owners and players are still at an impasse. t