learn more at cisco.com/newways. phew! you have to have trust in the system so that when the investors come to the market and feel confident, they're willing to invest, which then translates to business creation and job creation. that chain is very, very important and frankly in the crisis last september and october that chain was broken. a lot of the markets that got us into trouble in the crisis were not regulated, they were not transparent there was really no accountability. markets like ours are stable, reliable, transparent and highly regulated. we realize that we are going to enter a period of re-regulation that is necessary. and we find ourselves in a unique position to be part of the solution. so that people feel the resulting business environment is one that is able to instill trust going forward... and gets us back on the path we need to be on. >> smith: happy birthday to senator glen, that's our broadcast. bob schieffer will be back next sunday. i'm harry smith and i'll see you tomorrow morning on the early show

learn more at cisco.com/newways. phew!e're back on a special edition of "larry king live." there were many great moments during today's memorial. each one stands on its own. a lasting tribute to the musician and the man. watch. >> this is a moment that i wished i didn't live to see come. but as much as i can say that you mean it, i do know that god is good. and i do know that as much as we may feel and we do, that we need michael here with us. god must have needed him far more. we can't help but love you forever, michael. >> you believed in michael, and he believed in you. he made you believe in yourself. i loved him all my life. >> i truly believe that michael made me a better point guard and basketball player as i watched him be so great and be the greatest entertainer ever. >> you just don't think that you are going to see or you'll live to see him gone. but he will never really be gone. he is going to live forever and ever and ever and ever. ♪ you said you would be in the autumn ♪ ♪ >> larry: stevie wonder ain't bad. r

learn re at cisco.com/newways. of the wld most revered luxu sedan.tory of over 50,000 crash-tted ca... this is the world record f longevity and endurance. and one the most technologically vanced automobiles t planet. this is the 9th generati e-class. this is mercedes-benz. >>> one of the hottest topics in health care, saving money by putting patient records online. the government promises billions of dollars in stimulus money and potential health care legislation money to make that happen, and athena health has some of the software to be part of the solution. the company recently completed its biggest contract to date with cook's children's hospital in texas. jonathan bush is the chairman and ceo of athena health. good to have you with us, sir. we appreciate it. and how much money is going to be available, do you think, to -- from the government to companies like yourself to put health care records online? is it a lot? enough to move the needle? >> well, thanks for having me on, erin. yeah, it's a lot. it's a ton. although i guess it's about, what, $

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learn more at cisco.com/newways [ dog barks ] ♪ so blessed with inspiration ♪ ♪ i don't know much ♪ buti love you ♪ and that may be ♪ all i need ♪ to know (announcer) customers love ge aircraft engines almost as much as we love making them. innovation today for america's tomorrow. >>> back on may 7th, we heard from don woods, terrific ceo of frt, for you home gamers. one of mire favorite reits, one that specializes in malls. we learned the company wasn't in dire need of capital, he also told us that he thought the worst was over. frt is down about 4.4% counting the dividend, the market has been crumby, but i still have conviction in this. i'm thrilled to have him back in the studio. mr. wood, welcome back to "mad money." >> thank you, tim. welcome backd money." let me give you a thesis, you can shoot it down if you want we saw when gasoline went down and then shot up. gasoline's going to 2.30. is it possible wee could see resurgence because gasoline goes down. >> i don't think you can. i don't think there's any one thing that will affect us. one thing cool in listening to your show and

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learn re at cisco.com/newways two identical rooms. so why does this one cost so much less on hotwire.com? when fouar hotels have unsolros they use hwire to fill them, so you get them at pces lower than any other travel site, guarteed. h-o-t-w-i-r-e, hotwi.com >>> look, inow the act todayas ptty serable. >> boo! >> and i know the market lost a lot of sizzle. i know it's not really as much time to own stocks as it was a month or even two months ago. it makes it easy to turn on, tune in,nd drop out. this is the kind o market that mas you nauseo. and makes you bld to opportunity. not because you're too negative, t simply because you stopped openin, you don care. don't want tgo to the ballpark that woulde a big mistake, ladies and gentlemen. as the opportunities are there for -- for the take as long a u keep your eye op. in fact, saw the benng of what could be a big new speculative theme -- something thatould getery sex sip very fast in thisfar fm sexy market. was writing esterday's fox street journal. cyberblitz ts u.s. kor. hey, that's a

learn more at cisco.com/newways. has the fastest serve in the history of professional tennis.his court to challenge his speed. ...on the internet. i'll be using the 3g at&t laptopconnect card. he won't so i can book travel plans faster, check my account balances faster. all on the go. i'm bill kurtis and i'm faster than andy roddick. (announcer) "switch to the nations fastest 3g network" "and get the at&t laptopconnect card for free". >>> all right. i got companies i like. i've got execs i like. you're about to hear from one of them. i play favorites. it's true. my favorites are people who make us money. today, nucor, the largest steelmaker in america, reported a better than expected second quarter. this looking more like a riddle wrapped into a mystery inside an enig enigma. the street was expected a much larger loss. its revenues came in about $130 million above what the street was expecting. with total shipments up 11% compared to the previous quarter. we call that the linked quarter. now, on the one hand, nucor expects the third quarter to be better than the expected. so f

learn more at cisco.com/newways. [ engine powers down ] gentlemen, you booked your hotels on orbitz.ent down, so you're all getting a check thanks. for the difference. except for you -- you didn't book with orbitz, so you're not getting a check. well, i think we've all learned a valuable lesson today. good day, gentlemen. thanks a lot. thank you. introducing hotel price assurance, where if another orbitz customer books the same hotel for less, we send you a check for the difference, automatically. >>> he was 84 years old. gary ridge is the current ceo of wd-40. he joins us today to talk about the product, the man, and why space should continue to be the next frontier. good morning, sir -- good afternoon, sir. thank you very much for being with us. >> good day, mike, thanks for having me. >> it's a remarkable success story. i don't know anyone who doesn't have wd-40 and a roll of duct tape. with those two things you can fix anything. >> absolutely. >> so where do you go from here? >> well, wd-40's in 8 out of 10 households in the u.s. and jack barry, who was our president for many yea

learn more at cisco.com/newways. phew! imagine... one scooter or power chair that could improve your mobility and your life. one medicare benefit that, with private insurance, may entitle you to pay little to nothing to own it. one company that can make it all happen... your power chair will be paid in full. the scooter store. hi i'm dan weston. we're experts at getting you the scooter or power chair you need. in fact, if we pre-qualify you for medicare reimbursement and medicare denies your claim, we'll give you your new power chair or scooter free. i didn't pay a penny out of pocket for my power chair. with help from the scooter store, medicare and my insurance covered it all. call the scooter store for free information today. call the number on your screen for free information. . >>> the economic common ground and moral higher ground, america, our time has come. amazing grace. our time has come. >> 21 news makers, analysts and reporters are out of the sunday morning talk shows, but only one gets the last word. and that

learn more at cisco.com/newways [ dog barks ] feels kind of like knives. aleve works all day on my back pain. only two aleve liquid gels can stop pain all day. that would take twice as many advil or ibuprofen. aleve allows me to get through my work day. >>> okay. the white house is looking for good economic news wherever they can find it. economic adviser larry summers found it on the web. claiming that google searches for the phrase "economic depression" are down to normal levels, showing that consumer confidence is actually higher. so we thought we'd see what we could find out from google. and summers is right. searches are down from their recent highs in march. but take a look at that line at the end. it's kind of ticking up. so i don't know. maybe the jury is still out. where are people doing all this searching? the top states. remember, they're searching for economic depression. are new mexico, washington, oregon, arizona, and idaho. interesting. i don't know what to make of that. all right. let's go on. we have just a few e-mails before we go. aaron

learn more at cisco.com/newways. >>> the obama administration has named dozens of so-called czars.czars. there's an auto czar, aid czar, czars for the borders, czars for the economy, great lakes, guantanamo bay, stimulus package, czar for science, technology and terrorism. the list goes on. congressman jack kingston says the white house is bypassing congress with the appointment of all these czars and want it is stopped. congressman, good to have you with us. >> thank you, lou. good to be with you. >> you're proposing that congress cut out the funding for these czars, correct? >> yes, we are, because in the constitution, section two of article two says the president must seek the advice and consent of the u.s. senate for its principle officers. these are clearly principle officers, people who answer directly to the white house. they get around congress. the reason the constitution put the safeguard in there is so that we would have an opportunity to vet people and find out what are their backgrounds. >> you say the president is essentially forming a parallel government. how so? wha

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learn more at cisco.com/newways. come on in. you're invited to the chevy open house.w vehicle is easy. because the price on the tag is the price you pay on remaining '08 and '09 models. you'll find low, straightforward pricing. it's simple. now get an '09 malibu 1lt with an epa estimated 33 mpg highway. get it now for around 21 thousand after all offers. go to chevy.com/openhouse for more details. go to hotwire.com. when four-star hotels have unsold rooms, they use hotwire to fill them... so you get the lowest prices on four-star hotels, guaranteed. ♪ h-o-t-w-i-r-e ♪ hotwire.com >>> all right. let's get to the big story in the after-hour session. intel is trading higher, also sending the nasdaq futures higher as well. and very strong guidance. let's go straight to jim goldman who's been following the conference call. >> we have some prepared comments from paul odolini. he called the bottom to the pc industry just last quarter. he's saying from intel's standpoint, customers are basically sharing confidence in a second-half '09 recovery. that's not just good news for in

learn more at cisco.com/newways. phew! has the fastest hands boxing has ever seen. so i've come to this ring to see who's faster... on the internet. i'll be using the 3g at&t laptopconnect card. he won't. so i can browse the web faster, email business plans faster. all on the go. i'm bill kurtis and i'm faster than floyd mayweather. (announcer) switch to the nation's fastest 3g network and get the at&t laptopconnect card for free. >>> the government decided to draw the line with cit. he guarantees the debt of so many other financials, the jp morgans, bank of americas. didn't extend to cit group. now i have been as big a critic of cit's management as anyone else out there. even going so far as to put jeffrey pete, his awful value destroying ceo on the wall of shame. but i have to tell you -- and i'm thrilled sector lent the money, so it didn't have to file bankruptcy this weekend, but i've got to admit to being totally confused about why the government decided that cit had to die when so many other banks, many just as bad, if not worse, have been saved. what did this

learn more at cisco.com/newways [ dog barks ] imagine... one scooter or power chair that could improve your mobility and your life. one medicare benefit that, with private insurance, may entitle you to pay little to nothing to own it. one company that can make it all happen... your power chair will be paid in full. the scooter store. hi i'm dan weston. we're experts at getting you the scooter or power chair you need. in fact, if we pre-qualify you for medicare reimbursement and medicare denies your claim, we'll give you your new power chair or scooter free. i didn't pay a penny out of pocket for my power chair. with help from the scooter store, medicare and my insurance covered it all. call the scooter store for free information today. call the number on your screen for free information. >>> you might want to stop what you're doing and really pay attention to this next story. it comes to us from soledad o'brien and it is not just about the difficult task of getting black men to the doctor it is about some really creative problem solving that we can all learn from. [ knocking ] >> what'

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learn more at cisco.com/newways. if we don't act, medical bills will wipe out their savings.she'll be denied coverage because of a pre-existing condition. and he won't get the chemotherapy he needs. if we don't act, health care costs will rise 70%. and he'll have to cut benefits for his employees. but we can act. the president and congress have a plan to lower your costs and stop denials for pre-existing conditions. it's time to act. mr. evans? this is janice from onstar. i have received an automatic signal you've been in a front-end crash. do you need help? yeah. i'll contact emergency services and stay with you. you okay? yeah. onstar. standard for one year on 14 chevy models. >>> updating our top story, the newly released taliban hostage video released a few minutes ago. private first class dahlberg is being treated well but he's afraid he will never return home. and a crash after taking off from the kandahar airfield. officials say it was a russian-owned helicopter on a mission to support peacekeeping forces. 16 people died, all described as civilians. the cause is unknow

learn more at cisco.com/newways. phew! >> larry: a couple more things, jermaine, on the will.m not surprised but what makes me angry is the will is exactly michael's wishes. they should be carried out exactly the way michael wanted them. anybody that tried to contest this will is not following -- >> larry: it doesn't bother you your father isn't mentioned or you're not mentioned? >> it doesn't bother me. my mother's fine. we're all fine. most importantly, it's not about money, larry, it's not about property. we're a family. we're a family. we don't let that get in the way. that's not important to us. that's not important. >> larry: did you hear any of the results from any other autopsies? do you know anything more? >> no. when it comes to these things that they're saying, excuse me, but i'm very uneducated when it comes to drugs, and i want to be that way. >> larry: when it comes to the second autopsy, do you know anything? >> no, i don't. but i'm pretty sure -- there's going to be all kinds of speculation and things that are going to be said. the most thing is we have to look

learn more at cisco.com/newways. >> larry: we're with marc in germany, former business associate of michael friend of debbie rowe. what do you make of the outpouring that's followed his death? what do you make of this commotion? >> well, you know, i mean it's really a shame like everybody says. i mean, it's too bad it had to take his death for people to realize what an incredible performer michael was. i mean, at the end of the day he was an incredible humanitarian and he was just an absolute musical genius. nobody could ever take that away from him. and it is very sad that it took a tragedy like his death for people to come out and support michael again. >> larry: we've all seen the incredible video, i'm sure you have, of his final rehearsal. if he had lived, marc, and done those concerts in london, do you think he would've come back on top? >> yeah. i mean, i think michael would've gained a whole new audience. i mean, every time i speak with people, and they'll tell me their kids will start to hear michael music and they start to dance. i mean, i have a very good friend, a 6-year-old neph

learn more at cisco.com/newways [ dog barks ] two identical rooms. so why does this one cost so much less on hotwire.com? because when four star hotels have unsold rooms, they use hotwire to fill them, so you get them at prices lower than any other travel site. guaranteed. like four stars in san francisco, travelocity price $195. on hotwire just $98. the same great room, just less than other travel sites. hotwire.com. four star hotels. two star prices. h-o-t-w-i-r-e, hotwire.com >>> obama speaks in half an hour or so on health care. we'll start right in with two distinguished people, former secretary robert reich and abc's john stossel, the co-anchor of "20/20." we will talk obama-care. john stossel, you're a special guest, we appreciate your time very much. you wrote a good column today, i picked it up on "real clear politics." we'll go relatively short in this segment. what is your initial thought about obama-care. >> more government care means higher prices and less choice. the only thing that works well in life is capitalism and he wants less of

learn more at cisco.com/newways [ dog barks ] stock, it doesn't mean to put all your eggs in one basketould be stupid. huh-uh, i won't have any of that on this show, because diversification is the only free lun lunch. that's why we're playing "am i diversified?." i'll tell you whether your portfolio has enough protection from each other. whether you have enough sectors. whether you mix things up. let's start with bradley in texas. bradley? >> caller: jim cramer, west texas, texas, yehaw booyah. >> and football. football is my life. go ahead. >> caller: definitely. i have yahoo! walmart, alb, citi and oracle. "am i diversified?" >> take a look here. it's not easy. you'll see it's not easy you. 'll see why in a second. this is a biotech company out of china. i really don't like that company but it's about to come out of china. we have citi, let's be honest, it's a good field, not as good as yankee -- the stock, sorry, excuse me, decent field, good sight lines. now we have this. wal-mart. everyone tells me wal-mart's quarter's not that good. come on, just go buy some. he here's the problem

learn more at cisco.com/newways. you must be looking for motorcycle insurance. you're good. thanks.surance. all the coverage you need at a great price. hold on, cowboy. cool. i'm not done -- for less than a dollar a month, you also get 24/7 roadside assistance. right on. yeah, vroom-vroom! sounds like you ran a 500. more like a 900 v-twin. excuse me. well, you're excused. the right insurance for your ride. now, that's progressive. call or click today. >>> tonight we're playing to catch a predator. and in the world of investing, unlike the real world, we love predators. companies that see weakness. and then they pounce. we want to own the stocks of companies that know how to take advantage of vulnerable competitors. so what predator am i talking about tonight? the company is bms. it is a mild mannered packaging company, one that you would never suspect has what it takes to be a true predator. the kind that doesn't get killed by arnold at the end of the movie or by the alien in the horrible spinoff slash the sequel. bemis is like the subdued cary grant in "to catch a thief." heck, you

learn more at cisco.com/newways. >>> here's one more fact on youth violence we want to share with you among homicide victims, 84% were killed with a firearm. we're back talking now with tony and with josh over here about what's going on. tony, let me ask you one question about this. >> sure. >> you mentioned a little while ago that people ought to move. look, i reported in new orleans, i reported in chicago. i've been in a lot of these place, there are many people in these places who would move if they could and after they get shot, they still can't afford to move if. they can't afford to psychiatrist. what are they going to do? >> it's a good way of making the point. the community, we need commun y communitiecommunit communitiers to work in these communities to help make the communities feel safer and that involves rebuilding churches or rebuilding those social connections. i think you asked the question earlier, why are some towns or cities successful and others not successful. communities with more social capit capital, social leaders, who have credibility are more successful at im

learn more at cisco.com/newways. phew! >>> well, devastated relatives are now being banned from visiting their loved ones' grave sites. that's because the illinois cemetery where these graves were dug up and allegedly resold is now officially a crime scene. it's the latest development, reporter cheryl jackson is there. cheryl, what can you tell us about this? >> reporter: well, tom, you're right, people are upset. grief has turned to anger for a lot of people who can't go inside to see if the graves of their loved ones are safe. now, on thursday there were hundreds of people here. and they were able to walk through the graveyard and check to see if their families' tombstones were there. they're not able to do that today, because as some of the family members were walking through, they actually found human bones and remains. and so now police have sectioned off two sections where they believe there are human remains and the whole cemetery has become a crime scene. there is an area that is called baby land, where infants and

learn mo at cisco.com/newways [ dog barks ] >>> welcome back to the call, i'm trish regan. get you caught up on the market. we are at session highs on all three indices, the dow up 120 points, a gain at one point almost 5% in part being fuelled by that goldman upgrade and part being fuel bade more optimism over earnings. s & p 500 trading higher by about the same, 1.44% there. 891. the nasdaq up %, 19.17. >>> here we are, earning seasons upon us, a flurry of reports on the way, how can you cut through the clutter and figure out which companies you should b now? here to weed us through this and tell us where the second quarter surises will be we have the cio of global equity test and managing director at jefferies, welcome to both of you, terrific to see you. mr. off, i will start with you. you say that you think that we are going to see a number of surprises here, specifically point to the financials, interesting to see this optimism, especially last week, where a lot of people were concerned, worried this season might really turn out to be a rather dull one and set the sta

learn more at cisco.com/newways. phew! paul mccartney is speaking out for the first time about the business move jackson made that changed their relationship forever. when jackson bought the rights to the beatles music catalog. this is on last night's late show with david letterman. listen. >> we had a really good time. we made a couple records together. we did a video. and we're very good friends. it actually kind of fell apart a little bit later because he was talking to me and asking about business. and one of the things i said to him was think about getting into music publishing. and then he looked at me. he said i'm going to get yours. >> yeah. >> so, you know, i kind of thought -- oh, you! but he turned out to be true. which, you know, he has it together, i suppose. but what happened actually is then i started to ring him up. and i thought, okay, here's the guy historically placed to give mccartney a good deal at last. because we got signed when we were 21 singing in a bacally in liverpool. the deal remained the same

learn more at cisco.com/newways. phew! >> larry: you know you've got something to say about our show tonight because you've been burning up the blog. here's our david with your comments about michael jackson and more. david? >> larry, we are talking all things michael jackson on the blog tonight. it's a conversation happening at cnn.com/larryking. we're talking mainly tonight about this custody issue of michael jackson's children such as you just were with the panel. and of all of the thousands of responses that we had today on the blog, one really caught our eye i'm going to share it with you. somebody named christina. she says this, i hope the children stay with katherine jackson since that was michael jackson's expressed wish. she goes on to say i'm sure they can find a healthy peaceful co-existence for the sake of the children. that's happening cnn.com/larryking. before we go, remember this date. keep it in mind, august 29th. the place is london, august 29th, would have been michael jackson's 51st birthday, the 02 aren

learn more at cisco.com/newways. phew! hi, may i help you? yeah, i'm looking for car insurance that isn't going to break the bank. you're in the right place. only progressive gives you the option to name your price. here. a price gun? mm-hmm. so, i tell you what i want to pay. and we build a policy to fit your budget. that's cool. uh... [ gun beeps ] [ laughs ] i feel so empowered. power to the people! ha ha! yeah! the option to name your price -- new and only from progressive. call or click today. see, i cld get up. see how-- see? whereas if i didot have it, i would, uh, like this, oh-oh-oh. only two aleve n stopain all day. that would take si tylenol arthritis pain. this feels good! laughing ) >>> welcome back, everyone. check out family dollar there, up better than 10%, $30.57 a share. the company reporting a 36% jump in quarterly profit, topping market estimates, as what do you know, more and more shoppers came in looking for low prices on food and household goods. it's really affecting the stock, you can see there today. melissa? >>> it'

learn more at cisco.com/newways [ dog barks ] >>> we're back with our roundtable, paul gigot and richardffe, michele norris and john harwood. welcome to all of you. all right, tomorrow marks six months in office for president obama. john harwood, this is do or die time, as i've been saying on health care reform, and to me, the biggest issue, and you heard it addressed with secretary sebelius, is whether or not the number one goal of containing costs over time will be achieved. the cbo said this week, congressional budget office said not with the plans you've got in congress so far. how can the president stand behind these plans? >> well i think you'll sea adjustments in the plans. you've seen a ramped up effort to get the medpac idea, independent commission to say no, taking place in the system and i think you've got a live conversation ongoing within the administration, between the two parties on capitol hill about whether, in fact, you ultimately finance part of this package by taxing health care benefits which is one proposal that would raise revenue and could bend the cost curve. hea

learn more at cisco.com/newways [ dog barks ] >>> thanks for watching our tour of neverland last thursday night. we appreciate the masses tuning in. and there were masses. there was a controversy that arose from our tour of the property on thursday. "larry king live" producer david thunial was there and explains. >> a viral video that exploded after your primetime exclusive with jermaine jackson. and our live tour of the neverland ranch. it is a video in which some people -- it happened during one of our live segments. some people claim they see a ghostly figure move in the background of one of our live shots. the clip itself has received millions -- let me say that again, larry, millions of hits on the web. not only has the video itself been viewed millions of times, but it is the story of it is being covered now internationally on tv. we're going to show you a clip. this is from united kingdom's itn. >> fans are convinced the film captured during cnn program "inside neverland" showed michael jackson's ghost. >> this is one of the -- it appears to show the silhouette of a man crossing th

learn more at cisco.com/newways [ dog barks ] [ engine powers down ] gentlemen, you booked your hotels on orbitz. well, the price went down, so you're all getting a check thanks. for the difference. except for you -- you didn't book with orbitz, so you're not getting a check. well, i think we've all learned a valuable lesson today. good day, gentlemen. thanks a lot. thank you. introducing hotel price assurance, where if another orbitz customer books the same hotel for less, we send you a check for the difference, automatically. >>> ogsz. we want too show you president barack obama stenning out on the white house press conference. let's listen in. >> all sorts of controversy around the incident that happened in cambridge with professor gates and the police department there. i actually just had a conversation with sergeant jim crowley, the officer involved, and i have to tell you that as i said yesterday my impression of him was that he was an outstanding police officer and a good man and that was confirmed in the phone conversation, and i told him that. and i -- because this has been ra

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learn more at cisco.com/newways. >> we leave you this sunday morning in walter cronkite's home state,ldlife refuge. where the turtles are taking their time. >> mason: i'm ant my mason. a reminder that cbs news is is presenting a one-hour special about walter cronkite tonight& at 7:00 p.m., 6:00 central. we hope you'll join charles osgood back here next sunday morning. captioning sponsored by cbs and johnson & johnson, where quality products for the american family have been a tradition for generations. captioned by media access group at wgbh access.wgbh.org break from looking for a new house, let me take over.

learn more at cisco.com/newways. ngcb >> we leave you this sunday morning in walter cronkite's home statedlife refuge. where the turtles are taking their time. >> mason: i'm ant my mason. a reminder that cbs news is is presenting a one-hour special about walter cronkite tonight& at 7:00 p.m., 6:00 central. we hope you'll join charles osgood back here next sunday morning. captioning sponsored by cbs and johnson & johnson, where quality products for the american family have been a tradition for generations. captioned by media access group at wgbh access.wgbh.org st: la year... when companies were laying off hundreds of thousands of workers... walmart was creating 30 thousand new jobs... all right here in america. save money. live better. walmart.: savif we don't act,tter. walmart.: medical bills will wipe out their savings. if we don't act, she'll be denied coverage because of a pre-existing condition. and he won't get the chemotherapy he needs. if we don't act, health care costs will rise 70%. and he'll have to cut benefits for his employees. but we can act. the president and congress have

learn more at cisco.com/newways. phew! >>> a mus slim student says she experienced a discrimination. >> i feel like they are very angry at me. >> because why? >> because i complained and stood up for myself. >> reporter: ever since she was 16, she wore a symbol of modesty in islam. not once has anyone ever discriminated against her appearance until this school year when she says her communications professor made a comment about her head scarf. >> she turns back to me and looks at my scarf, and i had it further back so you could see my bun with my hair and she points to it and says, what is that? a bomb? >> reporter: that was the first of several comments that the teacher made. in the complaint that she filed with the equal opportunity commission include, what you have under there? bombs? are you carrying any bombs on you today? by the way, don't worry, that's a headdress, not a bomb. >> so much of my work was given to georgia state. it hurts that they didn't think twice before retail ating against me. >> reporter: she says

learn more at cisco.com/newways. phew! i'm sorry. i can't hear you very well. announcer: does someone you know have trouble hearing on the phone? dad. dad, let me help you with that, okay? announcer: now, a free phone service shows captions of everything a caller says. i'd like to make an appointment to see the doctor. announcer: to learn more about captioned telephone, call 1-800-552-7724 or go to our website. i'll see you at 3:00! announcer: captioned telephone - enjoy the phone again! >>> welcome back. let's get to our global round-up of these equity markets. we've got zurich. christine will talk us through the asia markets. patricia is in frankfurt. let's start off with rebecca in london. >> i'm losing my voice, i'm so upset at being called old by steve. let's talk about the markets. we're looking at a flat ftse 100. we opened the day in markedly positive territory. now we're only higher by one point, which isn't convincing at all. let me see the movers behind those changes we're seeing today. on the up side, pearson is very high. the company is trading ahe

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learn more at cisco.com/newways. phew! ♪ ♪ (tucci) more bars in more places. at&t. best coverage worldwide. (announcer) get a nokia e71x the thinnest smart phone for 99.99 after mail-in-rebate. >>> all right. let's check out most actives on the big board. kind of a mixed bag here. citigroup, cit group and general electric up. bank of america or baml down on the nasdaq. only intel is up among the most active. powershare, dell, oscien farm that intel and microsoft all down. >> now that the g8 summit is over the attention moves to the g20. the host is pittsburgh, pennsylvania. a lot of people were surprised to hear that around the world. let's hear what that means to luke ravenstahl, the mayor of pittsburgh. to have you with us, sir, we appreciate it. >> good thing to be here. good morning. >> one thing that caught my attention is when economists came out with the rankings around the world, the best city in the united states to live in was pittsburgh, but people sort of think, well, pittsburgh, they think of it saz a steel town, what makes pittsburgh so great? >> well,

learn more at cisco.com/newways [ dobarks ] speak one financial language. the language of changing. together, we're helping toshap. nyse eurext. powering the exchanging wo. >>> i'm christine tan. in india, investors show their disappointment with a budget as they push the fiscal deficit higher than expected. >>> and i'm ross westgate. banks and energy firms are the biggest losers today. >>> and i'm scott wapner. general motors jumps a major hurdle in its bid to emerge from bankruptcy as a judge approves a plan to sell its assets. >>> if you're just joining us in the united states, welcome to the start of your xwloebl trading day with "worldwide exchange" broadcast live from the u.s., asia and europe. and in the u.s. at this hour, let's take a although at where futures are shaping up on this first trading day of the week. we've been below fair value across the board this morning ahead of the key ism services report. the president certainly, in his trip to russia, will be in focus today, as well. as i mentioned, down against fair value. the nasdaq down by 12 or 13 and the s&p 500 look

learn more at cisco.com/newways [ dog barks ] >>> as president obama pushes to overhaul the nation'slth care system, some americans say it is not just getting the right care. they say it is racism. there have been lawsuits that hospitals do not treat white and african-american patients the same. the allegations are, of course, disturbing. are they true? dr. sanjay gupta went looking for answers. >> reporter: the reverend gary spears, the organist at this church in the southwest bronx. cosmopolitan ame. a few years ago something happened to him, something he couldn't explain. he was scared. >> i received a paper cut and it became very badly infected. >> reporter: so over a period of months lost over 80 pounds, became nauseated at the sight of food, urinating every 20 minutes and you had a paper cut that turned into a full-s if ledged infection. and they said? >> change the gauze, take the antibiotic, you will be fine. >> reporter: spiers went to the emergency room. he went to an outpatient clinic. he never got a diagnosis or a single test. what happened to gary spears should never hap

learn more at cisco.com/newways [ dog barks ] the $9 grand entrance.lmart announces op tops for just nine dollars each. back to school costs less at walmart. save money. live better. walmart. >>> the confirmation hearings are continuing. this is day two. that certainly looks likely. this morning, she's already been grilled on some of the most sensitive issues that have come forward, including a case involving new haven, connecticut, firefighters. let's assess that case right now. the issues involved and how she defended her decision. jeff toobin and john king are over at the magic wall. john? >> wolf, let me tap into the case files. here's one case that came up. a gun control case. but the case you mentioned just a moment ago is right here. ricci and jeff toobin, of course, the issue white firefighters in new haven challenge city decision to throw out promotion exam results because too few. this became the big issue. judge sotomayor with the three-judge panel and the white firefighters lawsuit and sent this back to the city and said, come up with a new

learn more at cisco.com/newways. >>> i think we still have a difficult period.arter that we are in right now, the july through september quarter, we are still expecting the industry in north america to be down about 45%, but despite that you know, we have indicated that we believe in our current quarter, we will be able to turn profitable. >> and that was the ceo of johnson controls earlier today on squawk on the street. he was talking about the outlook for the auto parts and heating system's maker. shares are now higher by better than 5%. the company getting back into the black, posting a profitable quarter, thanks to cost-cutting efforts. >>> major breakthroughs in the battle to treat lupus and owe by the as two drug stocks on the move now. cnbc's pharmaceutical reporter mike huckman with more. interesting story this morning? >> yeah, an attempt to kind of tie my coverage universe into the universe as a whole, there hasn't been a new drug approved for lupus since before we put a man on the moon. so today, we are witnessing one small step for biopharma company

learn more at cisco.com/newways. i think i'll go with the basic package. good choice. you choose the brake service that's right for you. and save 50% on pads and shoes. meineke. >>> a serious discussion right now involving the issue of executive power, when the executive branch of the u.s. government must share information with the legislative branch of the u.s. government and the american people, for that matter. let's go back to the hearings. sonia sotomayor answering questions from dianne feinstein. >> -- then he's working at his lowest -- if he's acting where congress hasn't spoken, then we're in what justice jackson called the zone of twilight. the issue in any particular case is always starting with what congress says or has not said and then looking at what the constitution has with -- says about the powers of the president, minus congress' powers in that area. you can't speak more specifically than that in response to your statement that were part of your question, other than to say the president can't act in violation of the constitution. no one's above the la

learn more at cisco.com/newways [ dog barks ] >>> wall street making a boost today on reports that ae package could keep cit group out of bankruptcy. well, why should you care about that? well, it specializes in loans to small and mid-sized businesses, the companies that keep millions of americans, of course, at work. let's get the latest now. christine romans is part of our cnn money team. what do we know about the emergency funding here? >> well, cit being very quiet and cautious this morning. waiting for an official announcement, but discussions and numerous reports from the financial times others that cit was able to get some emergency funding, some emergency financing from its bondholders to the tune of $3 billion. if that is, indeed, the case, and this company gets breathing room, heidi, to try to restructure itself so it can go on and continue to be that top lender to small and mid-sized businesses. >> obviously we know that partially that's why this company is so important, but is there more that people should understand here? >> well, look, this is a company that is sort of

learn more at cisco.com/newways. phew!ndustrial revolution among the best movers on the s, and p, pp and g, masko is better than expected earnings. whirlpool is higher as we said. baxter international is on the list as well. up $1.89. ppg industries and whirlpool. michelle in. >> can marijuana be the solution to california's budget problems? according to a study, a new bill to tax and regulate marijuana like alcohol could inject billions into the state. brilliant idea? or simply a pipe dream? here now bruce with the marijuana policy project in san francisco. let's guess what he thinks.. welcome to our lunch.h. good to see you. >> good to be here. >> you think legalizing marijuana so it can be tax and bring in $1.4 billion which is the estimate for california. >> it makes sense for a lot of reasons. one is there is a large piece of the california economy as has been reported on cnbc many times that is economically off the grid, unregulated and untaxed. it would do a lost things that make sense. it would gift ability to regu

learn more at cisco.com/newways [ dog barks ] >>> judge sonya sotomayor is now answering a question on whether or not there were any laws enacted after 9/11 that historians down the road might live to regret. >> i can understand some hess tants but the truth is that courts are already dealing with these very issues. the supreme court itself has struck down a number of post 9/11 policies and you sat on a panel that struck down bun aspect of the national security letter that was expanded by the p patriot act. what is your general understanding of that line of cases? >> that the court is doing its task as judges, it is looking in each of those cases as what the actions are of either the military and what congress has done or not done and applied constitutional review to those actions. >> is it fair to say given that line of cases that we can say that at least with regard to the supreme court, it believes mistakes were made with regard to the post 9/11 policies? in each of those cases, there was an overturning of the decision either by the congress or the executives? >> i smiled, only beca

learn re at cisco.com/newways. diarrhea, constipaon, gas, bloating. that's me cai tell you what a differencphillips' colon health has made? it's the probiics. the good bacteria. that gets ur colon back in balance. m od to go! phillips' colon health. chef'seawith pommes frites perhaps a night at the theater with extra spial seats additional hel night, our treat you world in pfect harmony: priceless look for wld on your mastercard to get rewards and oers that matter to you. >>> pretty much the way it's been all morning. dow down about 50. nasdaq clinging to a slight gain. on the dow, financials getting hurt the most. ge, citi group -- >> b of a also negative. obviously big earning weeks coming up next week. a lot of financials in focus on deck to report. and on the nasdaq, as we heard from john, our guest earlier, also a lot of big things coming up in tech land. it's sort of been the outcast. crude oil also ticking down today, with the trend that we've seen. 59 bucks a barrel. who would have thought that. and you also saw, what's interesting to note as