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Oct 12, 2011
10/11
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. >> joe: darren oliver takes over. one out, nobody on. a run is home.on kelly, then jhonny peralta. a tight breaking ball from darren oliver. strike 1. kelly 0 for 3 tonight. came in since september 1st hitting .343 with four home runs. that includes the postseason. and home run in game five at yankee stadium with one out in the first. 0-2, the count. >> tim: darren oliver, one of the game's true gentleman, just turned 41 years old five days ago, october 6th. >> joe: this is a big frame for the detroit tigers. it has been all year. they are 80-0 when leading after seven innings, which they will be tonight. to the back end of their bullpen is that good. with two out, nobody on, the batter will be jhonny peralta. >> tim: you can patch up benoit with anybody in the game. that's how good they have been this year. >> joe: it will be an interesting decision on the part of jim leyland whether to take fister out with benoit and valverde having worked yesterday. benoit, an inning and two thirds. >> tim: i doubt he would be up and not coming into the game. maybe
. >> joe: darren oliver takes over. one out, nobody on. a run is home.on kelly, then jhonny peralta. a tight breaking ball from darren oliver. strike 1. kelly 0 for 3 tonight. came in since september 1st hitting .343 with four home runs. that includes the postseason. and home run in game five at yankee stadium with one out in the first. 0-2, the count. >> tim: darren oliver, one of the game's true gentleman, just turned 41 years old five days ago, october 6th. >> joe: this is...
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Oct 12, 2011
10/11
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WBFF
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. >> joe: darren oliver takes over. one out, nobody on. a run is home.on kelly, then jhonny peralta. a tight breaking ball from darren oliver. strike 1. kelly 0 for 3 tonight. came in since september 1st hitting .343 with four home runs. that includes the postseason. and home run in game five at yankee stadium with one out in the first. 0-2, the count. >> tim: darren oliver, one of the game's true gentleman, just turned 41 years old five days ago, october 6th. >> joe: this is a big frame for the detroit tigers. it has been all year. they are 80-0 when leading after seven innings, which they will be tonight. to the back end of their bullpen is that good. with two out, nobody on, the batter will be jhonny peralta. >> tim: you can patch up benoit with anybody in the game. that's how good they have been this year. >> joe: it will be an interesting decision on the part of jim leyland whether to take fister out with benoit and valverde having worked yesterday. benoit, an inning and two thirds. >> tim: i doubt he would be up and not coming into the game. maybe
. >> joe: darren oliver takes over. one out, nobody on. a run is home.on kelly, then jhonny peralta. a tight breaking ball from darren oliver. strike 1. kelly 0 for 3 tonight. came in since september 1st hitting .343 with four home runs. that includes the postseason. and home run in game five at yankee stadium with one out in the first. 0-2, the count. >> tim: darren oliver, one of the game's true gentleman, just turned 41 years old five days ago, october 6th. >> joe: this is...
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Oct 9, 2011
10/11
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WBFF
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wilson, go darren oliver.e. 40-something years old and gets lefties out with a cutter and good curveball. juan manuel alvarez, basejuan mu know he will throw it over. no choice for me. >> we talk about the rangers but what about detroit? does verlander go back out? >> chris: you saw him mouth to jim leyland i'm good. >> i heard him say he wanted to pitch against the yankees in game five. >> no way. >> how do you run verlander out there? this is the warming up, the sitting down, the warming up. that will impact him for the next start besides this one. >> chris: by the way, he hasn't thrown a pitch in this game in more than an hour. c.j. wilson has at least been out there. right? >> no way he goes back out. >> chris: do we have a shot of justin verlander? watch this. "i'm good. i'm good, skip." >> he can say he's good as he want but i'm not running him back out there. >> who are you? jim leyland or ron washington? >> a.j.: i'm going to play both right now. be both sides. not predicting the tigers to win but don'
wilson, go darren oliver.e. 40-something years old and gets lefties out with a cutter and good curveball. juan manuel alvarez, basejuan mu know he will throw it over. no choice for me. >> we talk about the rangers but what about detroit? does verlander go back out? >> chris: you saw him mouth to jim leyland i'm good. >> i heard him say he wanted to pitch against the yankees in game five. >> no way. >> how do you run verlander out there? this is the warming up, the...
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Oct 20, 2011
10/11
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WBFF
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darren oliver out in the bullpen. cardinals also have theriot.good work by feldman. he keeps it a one-run game with that guy set to lead it off. michael young, adrian beltre, nelson cruz coming up. big bats for the
darren oliver out in the bullpen. cardinals also have theriot.good work by feldman. he keeps it a one-run game with that guy set to lead it off. michael young, adrian beltre, nelson cruz coming up. big bats for the
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368
Oct 12, 2011
10/11
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WTTG
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. >> joe: darren oliver takes over. one out, nobody on. a run is home.on kelly, then jhonny peralta. a tight breaking ball from darren oliver. strike 1. kelly 0 for 3 tonight. came in since september 1st hitting .343 with four home runs. that includes the postseason. and home run in game five at yankee stadium with one out in the first. 0-2, the count. >> tim: darren oliver, one of the game's true gentleman, just turned 41 years old five days ago, october 6th. >> joe: this is a big frame for the detroit tigers. it has been all year. they are 80-0 when leading after seven innings, which they will be tonight. to the back end of their bullpen is that good. with two out, nobody on, the batter will be jhonny peralta. >> tim: you can patch up benoit with anybody in the game. that's how good they have been this year. >> joe: it will be an interesting decision on the part of jim leyland whether to take fister out with benoit and valverde having worked yesterday. benoit, an inning and two thirds. >> tim: i doubt he would be up and not coming into the game. maybe
. >> joe: darren oliver takes over. one out, nobody on. a run is home.on kelly, then jhonny peralta. a tight breaking ball from darren oliver. strike 1. kelly 0 for 3 tonight. came in since september 1st hitting .343 with four home runs. that includes the postseason. and home run in game five at yankee stadium with one out in the first. 0-2, the count. >> tim: darren oliver, one of the game's true gentleman, just turned 41 years old five days ago, october 6th. >> joe: this is...
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Oct 31, 2011
10/11
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KNTV
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now joined by cnbc sports business reporter, darren ravel. a company staying with or parting ways with an athlete, following a scandal involving a player? >> one, can they legally pull it off? that's the first thing. there are these morals clauses in these contracts. and generally, they're ambiguous to the point where it has to wind up in court anyway. the question is, if they want to part right away, can they do it? often, they'll let a deal expire which has happened with kobe years ago, and recently tiger woods, where they wait until the deal is done. they don't do anything after the scandal. and then, they just let it expire. >> when it comes to rehabbing the image of an athlete, how much does the type of crime matter when companies consider investing in an athlete post-scandal? >> well, honestly, i think it does come down to business. does the athlete make your company better from a business perspective? for example, there is no doubt that electronic arts was not going to cut tiger woods. why? because the game still made sense and people
now joined by cnbc sports business reporter, darren ravel. a company staying with or parting ways with an athlete, following a scandal involving a player? >> one, can they legally pull it off? that's the first thing. there are these morals clauses in these contracts. and generally, they're ambiguous to the point where it has to wind up in court anyway. the question is, if they want to part right away, can they do it? often, they'll let a deal expire which has happened with kobe years ago,...
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Oct 23, 2011
10/11
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WTTG
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strike two from darren oliver. their closer feliz. cardinals have action in their bullpen. strike three over the outside corner from the former cardinal, as mitchell boggs gets loose. oliver gets the first man. pujols is due up after craig. if you go back to 1977, yankees, dodgers
strike two from darren oliver. their closer feliz. cardinals have action in their bullpen. strike three over the outside corner from the former cardinal, as mitchell boggs gets loose. oliver gets the first man. pujols is due up after craig. if you go back to 1977, yankees, dodgers
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Oct 25, 2011
10/11
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KTVU
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. >> joe: mark lowe and darren oliver but all eyes are on ogando and holliday. the runner goes. and a line drive hit to left center. pujols will dig for third. they will bring him to the plate and now hold late. pujols stops. halfway down. gets back to the bag. >> tim: what that did was allow matt holliday to go to second base. pujols hundreding on the play. single is -- pujols running on the play. single up the middle, toward left center and josh hamilton realizing they had to get rid of the ball in a hurry. pujols finds the ball. and alexi ogando brings him around the bag and holds him up. i'm not sure that pujols ever saw ogando. he is an excellent base runner but i've got to say that the second to third you have no reason to look at the fielder. it slows you down. pujols did that. he stopped in time. turning around, all of that -- i mean your third base coach is there for a reason. pujols going three or four feet up and now he is talking to ogando about it. but the look from second to third, when you look out at the outfield, that throws you down. pay attention to your signa
. >> joe: mark lowe and darren oliver but all eyes are on ogando and holliday. the runner goes. and a line drive hit to left center. pujols will dig for third. they will bring him to the plate and now hold late. pujols stops. halfway down. gets back to the bag. >> tim: what that did was allow matt holliday to go to second base. pujols hundreding on the play. single is -- pujols running on the play. single up the middle, toward left center and josh hamilton realizing they had to get...
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500
Oct 25, 2011
10/11
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darren oliver in the eighth. neftali feliz closing it out in the ninth. ron washington does not get a lot of credit but he managed the game masterfully. navigated through the last and used the bullpen well and he out-managed tony la russa tonight. i was asked before the game who would you rath ber? tony la russa or ron washington going in today's game? i can tell you right now with the questions tony la russa will have to field tonight i'm glad i took ron washington. >> a.j.: you got everything right so far. >> chris: you can tell, the fans are going nuts. a few seconds ago they were doing the "napoli" chant. it was a different mike, michael young that got the rally started in the eighth. a few moments ago, our ken rosenthal caught up with the rangers all-time hits leader. >> ken: thanks. michael, talk about the eighth inning starting with a double. take me through it. >> chris: i wanted to get shorter. >> player: i thought it might get long. i want to be shorter, quicker, and be more fundamentally sound and get on base. fortunately i got on second. >> ke
darren oliver in the eighth. neftali feliz closing it out in the ninth. ron washington does not get a lot of credit but he managed the game masterfully. navigated through the last and used the bullpen well and he out-managed tony la russa tonight. i was asked before the game who would you rath ber? tony la russa or ron washington going in today's game? i can tell you right now with the questions tony la russa will have to field tonight i'm glad i took ron washington. >> a.j.: you got...
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Oct 25, 2011
10/11
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WBFF
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. >> joe: mark lowe and darren oliver but all eyes are on ogando and holliday. the runner goes. and a line drive hit to left center. pujols will dig for third. they will bring him to the plate and now hold late. pujols stops. halfway down. gets back to the bag. >> tim: what that did was allow matt holliday to go to second base. pujols hundreding on the play. single is -- pujols running on the play. single up the middle, toward left center and josh hamilton realizing they had to get rid of the ball in a hurry. pujols finds the ball. and alexi ogando brings him around the bag and holds him up. i'm not sure that pujols ever saw ogando. he is an excellent base runner but i've got to say that the second to third you have no reason to look at the fielder. it slows you down. pujols did that. he stopped in time. turning around, all of that -- i mean your third base coach is there for a reason. pujols going three or four feet up and now he is talking to ogando about it. but the look from second to third, when you look out at the outfield, that throws you down. pay attention to your signa
. >> joe: mark lowe and darren oliver but all eyes are on ogando and holliday. the runner goes. and a line drive hit to left center. pujols will dig for third. they will bring him to the plate and now hold late. pujols stops. halfway down. gets back to the bag. >> tim: what that did was allow matt holliday to go to second base. pujols hundreding on the play. single is -- pujols running on the play. single up the middle, toward left center and josh hamilton realizing they had to get...
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Oct 9, 2011
10/11
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WTTG
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wilson, go darren oliver.e. 40-something years old and gets lefties out with a cutter and good curveball. juan manuel alvarez, basejuan mu know he will throw it over. no choice for me. >> we talk about the rangers but what about detroit? does verlander go back out? >> chris: you saw him mouth to jim leyland i'm good. >> i heard him say he wanted to pitch against the yankees in game five. >> no way. >> how do you run verlander out there? this is the warming up, the sitting down, the warming up. that will impact him for the next start besides this one. >> chris: by the way, he hasn't thrown a pitch in this game in more than an hour. c.j. wilson has at least been out there. right? >> no way he goes back out. >> chris: do we have a shot of justin verlander? watch this. "i'm good. i'm good, skip." >> he can say he's good as he want but i'm not running him back out there. >> who are you? jim leyland or ron washington? >> a.j.: i'm going to play both right now. be both sides. not predicting the tigers to win but don'
wilson, go darren oliver.e. 40-something years old and gets lefties out with a cutter and good curveball. juan manuel alvarez, basejuan mu know he will throw it over. no choice for me. >> we talk about the rangers but what about detroit? does verlander go back out? >> chris: you saw him mouth to jim leyland i'm good. >> i heard him say he wanted to pitch against the yankees in game five. >> no way. >> how do you run verlander out there? this is the warming up, the...
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Oct 20, 2011
10/11
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WTTG
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darren oliver out in the bullpen. cardinals also have theriot.ork by feldman. he keeps it a one-run game with that guy set to lead it off. michael young, adrian beltre, nelson cruz coming up. big bats for the rangers, down by one in the ninth. ♪ my hair is gone ♪ all alone ♪ burning up the room ♪ with cheap cologne ♪ a musty motor home ♪ i'm the rocket man! [ both ] ♪ rocket man ♪ burning out his fuse up here alone ♪ burning out his fuse up here alone? ahh ok. i told you it wasn't provolone. [ male announcer ] crystal clear fender premium audio. one of many premium features available on the all-new volkswagen passat. were going to run a 3d commercial this year. in fact we made one, but it didn't test well. here we go! ♪ [ spokesman ] actually, it tested too well. ♪ we concluded that running this commercial -would have been inappropriate. -i'm okay! [ spokesman ] so we didn't. you're welcome, america. [ male announcer ] it's the sure sign of a good time. the just right taste of bud light. here we go. ♪ here we go. so to save some money, i trained
darren oliver out in the bullpen. cardinals also have theriot.ork by feldman. he keeps it a one-run game with that guy set to lead it off. michael young, adrian beltre, nelson cruz coming up. big bats for the rangers, down by one in the ninth. ♪ my hair is gone ♪ all alone ♪ burning up the room ♪ with cheap cologne ♪ a musty motor home ♪ i'm the rocket man! [ both ] ♪ rocket man ♪ burning out his fuse up here alone ♪ burning out his fuse up here alone? ahh ok. i told you it...
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Oct 22, 2011
10/11
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KGO
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no darren thomas, no la michael james, no problem. kenyon barner hits the sidelines and he's gone. 84 yards to the house. 22-nothing ducks. meanwhile, brian bennett filling in nicely at quarterback for the ducks in place of darren thomas. nice deep ball right down the middle of the field to david paulson. oregon led 29-0 early and she ty stomp on colorado. lsu missed key players against auburn but the tigers had jarretjaredlee on the money. lsu not missing a beat at all. they look invisible these days, hammering auburn which came in ranked 45-10. clemson stays undefeated. a career day from sophomore boyd. 367 yards passing and he threw for five touchdowns and ran for another as the tigers rout north carolina 59-38 in death valley, and they improve to 8-0. news from the nfl. looks like carson palmer will mosley be a spectator tomorrow when the raiders play the chief. palmer was acierd in th acquiree trade on tuesday. after a few days of practice, word out of oakland now is that kyle boler likely will start and get most of the playing t
no darren thomas, no la michael james, no problem. kenyon barner hits the sidelines and he's gone. 84 yards to the house. 22-nothing ducks. meanwhile, brian bennett filling in nicely at quarterback for the ducks in place of darren thomas. nice deep ball right down the middle of the field to david paulson. oregon led 29-0 early and she ty stomp on colorado. lsu missed key players against auburn but the tigers had jarretjaredlee on the money. lsu not missing a beat at all. they look invisible...
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Oct 19, 2011
10/11
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WMPT
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the case could affect more than $2 billion in solar panel imports and, as darren gersh reports, could become a key political flashpoint. >> lets be clear. china has a plan for our market- - to gut it and own it. >> reporter: with that blunt warning, u.s. solar manufacturers demanded relief under u.s. trade laws. >> the illegal subsidies that china is putting out into the solar industry is no different than giving an athlete a bucket full of steroids. >> reporter: the suit filed today also claims chinese companies are dumping solar panels and cells on the american market at below their cost of production. on top of that, chinese companies receive improper subsidies from the chinese government, and that could make this case a very interesting test, since the u.s. government is also pouring money into its own solar industry. >> the obama administration's lavish billions of dollars of subsidies on the u.s. solar industry, our central bank has been implicitly driving down the value of the dollar to promote u.s. exports. a lot of u.s. solar companies are losing money, which of course means
the case could affect more than $2 billion in solar panel imports and, as darren gersh reports, could become a key political flashpoint. >> lets be clear. china has a plan for our market- - to gut it and own it. >> reporter: with that blunt warning, u.s. solar manufacturers demanded relief under u.s. trade laws. >> the illegal subsidies that china is putting out into the solar industry is no different than giving an athlete a bucket full of steroids. >> reporter: the...
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Oct 18, 2011
10/11
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KRCB
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today, for the other side, washington bureau chief darren gersh talks to campaign officials and experts about the controversial proposal. >> reporter: herman cain's 9-9-9 plan would not only dramatically simplify taxation in the united states, it would also turn the burden of paying for the federal government on its head. in a new analysis, robertson williams of the tax policy center says the cain plan is a large tax increase on the middle class. >> unless you are giving a substantial amount to charity-- that's the one deduction that's left in the cain plan-- you'd be stuck with paying 25% of your income in taxes, and relative to today's 12%, that's twice as much. >> reporter: the tax policy center's analysis found the cain plan would give the very richest taxpayers an average tax cut of almost $1.7 million. a typical middle class taxpayer would pay about $3,000 more. low-income americans would be hit hard. instead of getting tax rebates, they would face a tax increase of almost $1,700. >> a very, very big increase for people who don't have very much to begin with. >> reporter: at the o
today, for the other side, washington bureau chief darren gersh talks to campaign officials and experts about the controversial proposal. >> reporter: herman cain's 9-9-9 plan would not only dramatically simplify taxation in the united states, it would also turn the burden of paying for the federal government on its head. in a new analysis, robertson williams of the tax policy center says the cain plan is a large tax increase on the middle class. >> unless you are giving a...
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Oct 15, 2011
10/11
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KQEH
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darren gersh looks at whether that idea could really boost the economy. >> reporter: kelly mears says his high school counselors and everyone else in the student loan system told him not to worry about the debt he was taking on. >> they told me to dig my grave, essentially, and you know, really. >> reporter: like many of the students in the occupy wall street movement, mears hasn't been able to find a job, and now he and many other protesters are pressing for relief on their student loans. >> i think interest should be forgiven, at the very least. i would like to see student loan debt forgiven, i think it would actually be a huge economic boost. and for our generation-- a whole generation of people it would re-empower them. >> reporter: but analysts say that empowerment would be expensive. >> i'm sure we all feel that we deserve forgiveness. >> reporter: justin wolfers is a visiting professor at princeton university he says forgiving loans-- a typical student takes out $23,000 in loans-- would boost consumer spending by a few hundred dollars a month. but wolfers says most college grad
darren gersh looks at whether that idea could really boost the economy. >> reporter: kelly mears says his high school counselors and everyone else in the student loan system told him not to worry about the debt he was taking on. >> they told me to dig my grave, essentially, and you know, really. >> reporter: like many of the students in the occupy wall street movement, mears hasn't been able to find a job, and now he and many other protesters are pressing for relief on their...
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Oct 1, 2011
10/11
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KQEH
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darren gersh, "nightly business report," washington. >> tom: the third quarter ended in a familiar way. let's get to tonight's market focus. the familiar finish means plenty of selling with the indices back to where they began the week. the dow industrials spent the entire session in the red, but as we have seen very often, the selling gathered steam into the afternoon. the index closed on its lowest level of the day down more than 2%. hewlett-packard led the dow losers, tumbling more than 5.5%. the firm will pay its former c.e.o. more than $7 million in severance. it was one year ago today when leo apotheker was named c.e.o. of hewlett packard. he was fired this month. during his tenure, the stock lost more than 40%. 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
darren gersh, "nightly business report," washington. >> tom: the third quarter ended in a familiar way. let's get to tonight's market focus. the familiar finish means plenty of selling with the indices back to where they began the week. the dow industrials spent the entire session in the red, but as we have seen very often, the selling gathered steam into the afternoon. the index closed on its lowest level of the day down more than 2%. hewlett-packard led the dow losers,...
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Oct 12, 2011
10/11
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WMPT
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darren gersh, "nightly business report," washington. >> susie: still ahead, the threat of government spending cuts to defense doesn't worry hilary kramer. she's coming up with a stock pick in "street critique." >> tom: chrysler has finally hammered out a deal with the united auto-workers union. it's the last of detroit's big automakers to do so. the four-year pact calls for the addition of 2,100 jobs in the u.s. over the next four years. chrysler also will invest $4.5 billion in its plants and lineup of cars. union workers will get a $3,500 signing bonus and $1,000 in annual bonuses. however, most yearly raises were replaced by profit sharing. >> susie: also from detroit today, general motors is supercharging its lineup of fuel-efficient vehicles with an all-electric subcompact. the chevy spark will go on sale in 2013. g.m. won't say yet how much the the tiny plug-in will cost or how far it will go on a single charge. it will first go on sale in california and washington to help meet the zero-emission requirements in those states. g.m. chief marketing officer joel ewanick says the sp
darren gersh, "nightly business report," washington. >> susie: still ahead, the threat of government spending cuts to defense doesn't worry hilary kramer. she's coming up with a stock pick in "street critique." >> tom: chrysler has finally hammered out a deal with the united auto-workers union. it's the last of detroit's big automakers to do so. the four-year pact calls for the addition of 2,100 jobs in the u.s. over the next four years. chrysler also will invest...
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Oct 31, 2011
10/11
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WETA
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darren gersh, "nightly business report," washington. >> susie: as we reported, october was a good month for stocks. our next guest says november could be another good one for investors. in tonight's "word on the street," david peltier joins us. he's portfolio manager at thestreet.com. >> susie: hi, david.thank you f, susie. >> susie: tell us why you're up? >> historically november is a pretty good month in the market. like looking for certain pockets of value. the energy sector and individual names that should do well wether the market goes up between now and the end of the year. >> susie: we heard from so muchg seasons so cautious on outlooks for the rest of the year. where is the catalyst for a growth in the stock market? >> there were some good and some bad about. two-thirds of companies in the smp 500 have exceeded earning spec stations. i want to look where earnings are growing the most. energy is very cheap right now. when you look at value investing any stock or sector has a price to be bought. i think there is good value out there now. >> susie: alright.let's talk abe possibilit
darren gersh, "nightly business report," washington. >> susie: as we reported, october was a good month for stocks. our next guest says november could be another good one for investors. in tonight's "word on the street," david peltier joins us. he's portfolio manager at thestreet.com. >> susie: hi, david.thank you f, susie. >> susie: tell us why you're up? >> historically november is a pretty good month in the market. like looking for certain pockets...
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Oct 7, 2011
10/11
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KQEH
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darren gersh talked to some of them. >> when people's rights are under attack, what do you do? >> stand up, fight back! >> reporter: they come from all over the country. 22-year-old harriet rowan joined protesters from wisconsin. she's here for the same reason as many other young people-- they can't find a job. >> to get a job where i will be paid enough, where i'll be able to live and pay back my student loan. and it's something that i'm struggling with. i haven't figured out how to deal with it. >> reporter: it's hard to find anyone under 30 here whose biggest concern isn't the high level of unemployment for young people. madison-area community college teacher ben manski says he sees it in his classroom every day. >> i think there is a sense of hopelessness that is very widespread. and the inability to find a career, to find a job that pays a livable wage, that provides a livable income for people to start a family and to have a future, to be able to plan ahead, is a big part of that hopelessness. >> reporter: the protesters don't expect this to be a one- day event. many of t
darren gersh talked to some of them. >> when people's rights are under attack, what do you do? >> stand up, fight back! >> reporter: they come from all over the country. 22-year-old harriet rowan joined protesters from wisconsin. she's here for the same reason as many other young people-- they can't find a job. >> to get a job where i will be paid enough, where i'll be able to live and pay back my student loan. and it's something that i'm struggling with. i haven't...
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Oct 25, 2011
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darren gersh recently visited a high school to find out if students really know what they're signing when they take out student loans. >> reporter: baltimore county's dundalk high school sits in a blue-collar neighborhood where many parents never went to college. cynthia vetri's job is to make sure her students get that chance, which means teaching them everything from how to take the s.a.t.s to how to get a student loan. >> i don't think that they realize that that's another debt in addition to a mortgage or a car payment. >> reporter: vetri talks openly with her students about the loans she is now taking on to get her masters degree, but it's not easy to explain to teenagers who have never had to make a monthly payment. >> i think they understand that it's a lot of money, but i don't think they understand how it will impact their lives at the time. >> reporter: a senior in vetri's class, chelsie bynaker, wants to be a third-grade teacher. but to get there, she'll have to take out loans-- thousands of dollars. >> as my life goes on i'm going to have a job, i'm going to be educated,
darren gersh recently visited a high school to find out if students really know what they're signing when they take out student loans. >> reporter: baltimore county's dundalk high school sits in a blue-collar neighborhood where many parents never went to college. cynthia vetri's job is to make sure her students get that chance, which means teaching them everything from how to take the s.a.t.s to how to get a student loan. >> i don't think that they realize that that's another debt...
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Oct 29, 2011
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and as darren gersh reports, consumers are spending faster than they save and faster than they earn. >> reporter: if americans have learned anything in the last few years, saving less and spending more is not a recipe for long run economic health, but that's what consumers were doing last month. >> wages are stagnant. people are not getting raises, people are not getting bonuses. so what's happening is that the average consumer is having to dip into her or his savings in order to keep food on the table, in order to pay mortgages, in order to pay their bills, in order to buy gasoline et cetera, and that is not sustainable. >> reporter: overall, savings dropped from an annual rate of $479 billion in august to $419.8 billion in september. incomes rose just zero point one percent last month after falling point 4% in august. >> this means we are in a very fragile spot. we are very vulnerable. any additional shock can really push back consumption and that would be a big problem for the whole economy. >> reporter: for now, the economy does not now appear to be falling back into recession, t
and as darren gersh reports, consumers are spending faster than they save and faster than they earn. >> reporter: if americans have learned anything in the last few years, saving less and spending more is not a recipe for long run economic health, but that's what consumers were doing last month. >> wages are stagnant. people are not getting raises, people are not getting bonuses. so what's happening is that the average consumer is having to dip into her or his savings in order to...
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Oct 4, 2011
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darren gersh, "nightly business report," washington. >> susie: stocks mount a late- day turnaround on fresh hopes europe can shore up its banks. the dow rose 153 points, rebounding from a loss of 200 points earlier in the session. the nasdaq added 69 points, or 3%, and the s&p 500 gained 24, despite dipping into bear market territory earlier in the day. >> tom: still ahead-- we go "beyond the scoreboard" with the owner of the miami dolphins. we ask steve ross about the business of football and repairing the economy. >> susie: kraft foods is going on a diet. the company is cutting the fat in its mac and cheese and putting more fiber in wheat thins. 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 i
darren gersh, "nightly business report," washington. >> susie: stocks mount a late- day turnaround on fresh hopes europe can shore up its banks. the dow rose 153 points, rebounding from a loss of 200 points earlier in the session. the nasdaq added 69 points, or 3%, and the s&p 500 gained 24, despite dipping into bear market territory earlier in the day. >> tom: still ahead-- we go "beyond the scoreboard" with the owner of the miami dolphins. we ask steve ross...
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Oct 3, 2011
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darren gersh reports. >> reporter: the senate bill doesn't label china a currency manipulator, instead it settles for a broader standard that the bill's authors say china will have a harder time wriggling out of. >> we believe misalignment is the appropriate standard, that is not subjective. it's not saying why the currency is misaligned or how or who did it... it's simply saying that it is. its a narrower standard. >> reporter: since lawmakers began pressuring china on the value of the yuan, beijing has allowed it to increase by more than 25%-- and much higher if inflation is taken into account. u.s. exports since 2006 have more than doubled, which is why critics oppose the bill. >> and so the united states senate... wants to put in place tariffs on a major growing country that we have growing exports to and create a trade war? >> reporter: some business groups and conservatives argue the bill could increase costs to consumers and could even cost jobs. >> for every import that we bring in, whether from china or someplace else, there's somebody that's on a ship, somebody that's on a tr
darren gersh reports. >> reporter: the senate bill doesn't label china a currency manipulator, instead it settles for a broader standard that the bill's authors say china will have a harder time wriggling out of. >> we believe misalignment is the appropriate standard, that is not subjective. it's not saying why the currency is misaligned or how or who did it... it's simply saying that it is. its a narrower standard. >> reporter: since lawmakers began pressuring china on the...