164
164
Sep 9, 2011
09/11
by
KRCB
tv
eye 164
favorite 0
quote 0
it's when it doesn't go smoothly that it's an issue. >> reporter: diane eastabrook "nightly business report," chicago. your whole worldview kind of got shifted in that instant it was just unbelievable. there are really no words to describe what happened that day. >> susie: the rebuilding and redevelopment of the world trade center site will continue well beyond this ten-year anniversary. one world trade is scheduled to open in 2014. a new transit center and second office tower are also taking shape. those construction areas are the most noticeable changes to the lower manhattan landscape. but, as suzanne pratt reports the surrounding neighborhood is also evolving in some surprising ways. >> reporter: on september 11 2001, lucy preston was living on a different continent. today, she resides just a few blocks from the former world trade center having bought an apartment in lower manhattan in 2008. not only does it come with a stunning rooftop deck, but it's in what she calls an ideal community. >> we've been living here for last six years and there's a real feel of neighborhood redevel
it's when it doesn't go smoothly that it's an issue. >> reporter: diane eastabrook "nightly business report," chicago. your whole worldview kind of got shifted in that instant it was just unbelievable. there are really no words to describe what happened that day. >> susie: the rebuilding and redevelopment of the world trade center site will continue well beyond this ten-year anniversary. one world trade is scheduled to open in 2014. a new transit center and second office...
141
141
Sep 17, 2011
09/11
by
KQEH
tv
eye 141
favorite 0
quote 0
diane eastabrook, "nightly business report," waugkegan, illinois. >> tom: a deal appears to be gaining traction between general motors and the united autoworkers. labor talks are said to be in the final stage of negotiations. both sides say they're making good progress. a deal could come as early as tonight. this is general motors' first labor negotiations since returning to life as a publicly traded company. separate negotiations continue between the union and automakers ford and chrysler. >> susie: and some deal-making for yahoo could be in the works as well. microsoft and the private equity firm silver lake are reportedly looking to buying yahoo! the web giant could be worth more than $19 billion, but it has struggled to keep up with rivals google and facebook. darren gersh reports. >> tom: finding a buyer with deep-pockets and a hunger to turn around a troubled company is one obvious solution for yahoo. but that's one tough search, says morningstar equity analysts rick summer. >> they've been trying to liquidate assets in asia in yahoo japan and alibaba group. they've been unable t
diane eastabrook, "nightly business report," waugkegan, illinois. >> tom: a deal appears to be gaining traction between general motors and the united autoworkers. labor talks are said to be in the final stage of negotiations. both sides say they're making good progress. a deal could come as early as tonight. this is general motors' first labor negotiations since returning to life as a publicly traded company. separate negotiations continue between the union and automakers ford...
246
246
Sep 13, 2011
09/11
by
KQEH
tv
eye 246
favorite 0
quote 0
as diane eastabrook says, hot weather is getting the blame. >> reporter: corn traders were expecting bad news about the u.s. corn crop, and this morning the government delivered it. the u.s.d.a. predicted farmers will harvest a little more than 148 bushels of corn per acre this year. that's about five bushels short of last month's estimate. while you'd think news like that would send prices higher at the beginning of trading, they fell instead. trader scott shellady says the market was expecting a jolt, but got a bump instead. >> we had talked about a 148 yield before. that's been a whisper number. that was in the public domain and in our business. once something is in the public domain and your brain has had time to digest it, then it doesn't act as well as a surprise. >> reporter: corn prices have been heading higher in recent weeks because of dry weather across much of the midwest. those higher prices have prompted some livestock producers to replace corn with cheaper feed grains for their herds. jack scoville, a vice president for price futures group, says $7-plus corn is affecti
as diane eastabrook says, hot weather is getting the blame. >> reporter: corn traders were expecting bad news about the u.s. corn crop, and this morning the government delivered it. the u.s.d.a. predicted farmers will harvest a little more than 148 bushels of corn per acre this year. that's about five bushels short of last month's estimate. while you'd think news like that would send prices higher at the beginning of trading, they fell instead. trader scott shellady says the market was...
160
160
Sep 6, 2011
09/11
by
KQEH
tv
eye 160
favorite 0
quote 0
it makes you work harder because you want to get your life in order again. >> reporter: diane eastabrook"nightly business report," chicago. >> tom: our next young entrepreneur went about growing his business in an unusual way. he purposely lost money. that's right, he lost it. here to explain why he did it and where his business stands today is ben federman, c.e.o. of onesaleaday.com. >> onesaleaday.com, we off one item for a 24-hour time period, we have multiple categories, family, jewelry, a watch deal, a main section which really could be anything and everything and a wireless deal. one thing they all have in common is everything is generated 90% off retail price. once i launched the company i realized it's not just about having a great idea, i didn't always believe in -- i did always believe in what we were doing and i knew it would succeed but it took time. it's not easy to bring traffic to the site and have customers so after about six months to a year we decided one day it kind of hit me, it lit up like a light bulb and i said tomorrow we're going to lose money intentionally. nobo
it makes you work harder because you want to get your life in order again. >> reporter: diane eastabrook"nightly business report," chicago. >> tom: our next young entrepreneur went about growing his business in an unusual way. he purposely lost money. that's right, he lost it. here to explain why he did it and where his business stands today is ben federman, c.e.o. of onesaleaday.com. >> onesaleaday.com, we off one item for a 24-hour time period, we have multiple...
209
209
Sep 24, 2011
09/11
by
KQED
tv
eye 209
favorite 0
quote 0
diane eastabrook will have more on the outlook for airlines a little later in the program. our "market monitor" tonight says the stock market will be flat for the year, but volatile. he's chris orndorff, senior portfolio manager of western asset management. hi, chris, nice to you have black. >> hi, susie, thanks very much. >> susie: well, let's talk a little bit about this volatility. we have seen days where we've had triple-digit gains in the markets and triple digit huge triple digit losses. what is going to break the cycle? >> well, really it's going to be the problems in europe. the markets will continue to be volatile until that european situation is resolved. and in this environment really the best solution for investors is to focus on income. and i think the best way to do that is look at high-yield bonds. investors should not be fool mood thinking because of low treasury yield that there is knoll vah in bonds. >> we're going to get to your picks in just a moment but let me followup on this european situation. how much longer is this european debt crisis going to wei
diane eastabrook will have more on the outlook for airlines a little later in the program. our "market monitor" tonight says the stock market will be flat for the year, but volatile. he's chris orndorff, senior portfolio manager of western asset management. hi, chris, nice to you have black. >> hi, susie, thanks very much. >> susie: well, let's talk a little bit about this volatility. we have seen days where we've had triple-digit gains in the markets and triple digit huge...