kitchens, cabinets, fawcetts, that's a great business ben when business is blooming. you can average the gain for share olders. it tripled nearly tripled your money in slightly more than two years. either way, that's an enormous value creation. what is behind the magic? why do companies make so much for shareholders? wall street does not like conglomerates. it's the discount. investors want to own pure plays on a given industry. a pure play is much more likely to get support from the analyst's establishment. they work by sector. let's say you have a liquor company under the same roof as a home funishings company, either would be attracted to the home furnishing guys. if you break an unwielding company up into pure play pieces, then they will get sponsorship. portfolio managers will want to own them. >> that sounds like a financial alchemy. breakups are good for the fundamental apples of the real businesses. when you have a smaller pure play firm, they will build strategy that works it's much easier to take over a bid. should you be working with kitchen cabinets? all t

. >> harry fawcett, live in seoul. >> a former u.s. basketball star dennis rodman apologised for comments made about the american citizen. dennis rodman has been causing controversy with his fourth visit to pyongyang in less than a year. rod reynolds where weres ♪ happy birthday >> ser nayeding a dictator. dennis rodman crowned happy birthday to north korean leader kim jong un in the pyongyang arena. before leading american players in an exhibition game. it's the latest chapter in an odd relationship between one of the world's most oppressive rulers. >> i love the guy. he is my friend. it's dennis rodman's fourth trip. he calls it basketball diplomacy. >> everyone in the world will see that. take a deep breath and absorb this. i can look at certain things. it wept well for everyone involved. rodman has been criticised by the u.s. for his pandering to kim. who had his own uncle. north korea is a police state with thousands of political prison exercise an active nubbing leer weapon program. in 2012 north korea arrested u.s. citizen kenne

harry fawcett has the story. >> it's become a winter tradition, january is ice fishing season.ot just for a full hardy enthusiasts. tens of thousands come with their own fishing style to a frozen stretch of river. >> it's fun. this is my third year here. times we come twice a year, the family. there's the fun of eating as well. >> the common factor in the hunt for the prize, the trout. rewarded with the arrival of the fish truck. three to eight tonnes of farmed fish are added to the river. when fishing armageddon arriving, it's been being in the right place at the right time. >> this is my first time. it's fun already, you know. >> if that's not enough of a challenge, you can try this. it's cold enough when all this happens, let alone dressed like these guys. >> the object is to catch the fish by hand, and in case the discomfort levels were not high enough, success means a wet fish down the front of your t-shirt. fish can be consumed roasted, raw, or for the brave, wriggling. it's a boon for the town, a festival in its 12 year, becoming ever more important to its economy. >> th

. >> tracy: michael jackson, and farrah fawcett died, too. >> bill: farrah fawcett, that morning. >>en they think about those days, they actually relive them. >> tracy: it's not just a question of numbers, dates and times. it's emotion. and so, you know, when we wake up on that certain day of the year, it's kind of like how everybody wakes up feeling on 9/11. >> stahl: do you even know that when i think of something five years ago, i don't have much emotion attached to it? >> bill: i... i can't even relate to that. >> yeah. >> bill: i... i don't even understand that. >> stahl: so, joe, how old were you when you first realized that you could do this? >> joey: i was about ten years old. it was the fall of '94. ( laughter ) >> stahl: it was a tuesday. >> how's it goin' so far? you trickin' people? >> joey: we had a fourth grade magic show at the very end of the year. it was thursday, june 1, of '95. and i remember, like the week before, you know, trying to think of, "what... what am i going to do? i'm not a magician. i don't know what i'm going to do for this magic show." my mom said to

harry fawcett has this himself. >> in the world's most wide country where social media spread news and comments in nano seconds, these students are doing it the old-fashioned way. theirs is a protest for better conditions for contract cleaners at the university, and part of a phenomenon spreading across the country. it began in december when a business student at korea university put up a poster asking a simply question - how are you doing? listing a number of issues from nuclear issues, to tampering from politicians. >> translation: messages on s m.s. spread and tend to disappear, because it doesn't have physical space. i chose to put up a handwritten poster because it delivered the writer's sincerity and feeling. >> the poster was something of an invitation, asking how are you all doing. what is intriguing is across the country so many people are desperate to give an answer. a facebook page was swamped. people writing their own posters complaining about poor job prospects, raising national issues. more than 1,000 went up around the country. the how are you doing slowingon was used in

harry fawcett has more from seoul. >> south korea has been waiting all week for a response to the offerthe president in her new year's press conference on monday, that there should be family reunions taking place on january the 31st. the day the lunar new year falls. there were attempts to carry out search reunions towards the end of last year, and it seems ready to go. north korea pulled out with a few days to go. it spirited by the drawing of the border at the end of the fighting in the boer war. many are elderly. there's a time pressure to get them to meet separated family members. north korea responded saying this is not the right time for a reunion, three weeks preparation is not long enough, the weather is too cold. importantly, lipping it to annual drills involving south korean and u.s. forces throughout march and april, the north koreans say how can separated families reunit in peace during gun fire. the south koreans say there'll be no meeting during war exercises. >> former u.s. basketball dar dennis rodman apologised -- star dennis rodman apologised for comments made. he's be

. >> turning off the fawcett -- your faucet when you brush can save gallons. >> i picked up my free bag>> san francisco residents have the lowest water usage in the state. >> the santa clara county residents will learn if they have to cut back on the water usage voting on a variety of water conservation proposals to reduce use by 10 percent. one proposal is to double rebates to those who switch to low flow toilets and plant drought resistant landscaping starting tonight at 6:00 p.m. meetings are landed in other bay area counties to discuss the water situation and water use cut back plans at 10:30, the board of supervisors will hold a drought summit to discuss recommended actions at the marin county center in san rafael. the board of mud will meet in oakland to decide whether to ask for voluntary restrictions which provides drinking water for 1.3 million customers. >> american folk singers songwriter and activist pete seeger has died at a hospital in new york at 94. ♪ one kind of meadow >> he was known for writing and performing "where have all the flowers gone," "if i have a hammer," al

. >> michael jackson and fair rat faw farrah fawcett.t's start with you, joey degrandis. i love that you were sitting at home and see this report. before this report did you think you were a super smart kid or you had a special skill? >> i knew i had an ability but from a scientific stand point i didn't know they were calling it hasm and that they were studied it. i thought it was a fun party trick. you know, was a good student but not above average student in math or science or in any one particular area so i never knew until i saw the special, the depth of the research that was being done. >> it must have been nice to say, hey there's other people like me, but when did you know you could do this. >> i was about 10. i turned 10 in 1994. >> what day? >> wii was going to say that. >> september 10th 'of '94, my birthday, it was a wednesday. subsequently that spring i did the magic show as part of a, you know wrap-up end-of-the-year symposium for everyone in our class. everyone had to pick a trick. it was a cake walk. >> because you had the

harry fawcett has the story. >> it's become a winter tradition. january is ice fishing season.ust for a few hardy enthuse yasts. tens of thousands come with a fishing some time to a frozen stretch of river. >> it's fun. this is my third year here. sometimes we come twice a year. the whole family. there's the fun of eating. >> the common factor is the need for patients. rewarded with the arrival of the fish truck. each day three to eight tonnes of fish are added to the river of the when fishermen get there, it's about being in the right place at the rite time. >> this is my first time. vi three of them. there are, you know. >> of course, if that's not enough of a challenge, you can try this. i can tell you it's cold enough with this, let alone dressed like these dies. >> the object is to catch the fish by hand. success means a wet fish means one down the front of your t-shirt. after the catching comes the eating. the fish can be consumed roasted, raw or wriggling. it's a boon for the town, a festival in the 12th year becoming important to its economy. >> this year around 1.4 mil