electricity generating station has to have electricity coming to it or they can melt down and what's what's the deal with the ones in the us right now well the four coach calhoun nuclear power plant which is north of omaha is the one getting most of the news coverage right now it looks like a nuclear lake with the vital areas of the plant in the middle surrounded by an eight. rubber wall that's filled with water sort of the last line of defense for this nuclear power plant and the other one is the cooper nuclear power plant which is south of omaha and it is a twin to the fukushima daiichi units one through four it's a general electric boiling water reactor of the mark one designed cal for calhoun is a pressurized water reactor so yes if you were to lose the electrical grid. and the emergency diesel generators would plunge these reactors into a station blackout they only have four hours of battery as opposed to fukushima which had eight hours of battery hopefully they will keep the grid going out there hopefully the emergency d

. >> the aim is to use it to generate electricity. the methane gas collected at the dump is transported to a pipeline located several kilometers away. there is used to power turbines and generate electricity. the regional government has recognized the potential of the environmentally friendly energy. it is helping to subsidize the garbage dump. >> the city of sao paulo is not a commercial enterprise. it regulates and promotes the use of energy sources. for us, it is about getting the rubbish dump to serve a new purpose. >> this is where the electricity goes, too large complexes such as the mall. it has been using the bio-gas generated since it opened. it is much cheaper than conventional power from fossil fuels. >> this is one method that we are convinced really works. this electricity is very sustainable. we do not need any other source of energy. >> the city of sao paulo is determined to go ahead with the low carbon option. plans to build as many as 150 bio-gas plants. if there is one thing that authorities can rely on, it is a soli

published reports say both capital one financial and general electric have made bids. i.n.g. has not said when the sale will happen. police in spain have detained three men in connection with the massive cyber attack on sony's playstation network. the men were part of a hacker activist network known as "anonymous." investigators think they also were behind attacks on spanish banks and government websites. "anonymous" claims it didn't attack sony, but says it's possible individual members could have acted on their own. this month, investors have seen a big chunk of their gains since the beginning of the year disappear. concerns about a weak economy and the end of the federal reserve bond-buying program are among the worries. our "market monitor" this week is lew piantedosi. he is portfolio manager at eaton vance management. he joins us from boston. lew, welcome to nightly business report. >> thank you. >> tom: let me ask you, is this sell-off we've seen here in the month of june any different than others we've seen in what otherwise has been a two-crer plus stock market rally?

still a lot of the ownership is general electric one of the big military contractors fox is murdoch who has his own interest in keeping these were. it's going to be a look you're not going to get on any and c.n.n. which is more into infotainment like the latest murder trial in the south and on that i think we have a photograph we had to more meeting this morning where we noticed that all three channels that we had on the mainstream channels that we have a photo control room was was covering something very important it was a breaking news story let me say what you're seeing right now and this n.p.c. all the way on the left believe that c.n.n. i can't really see it in the middle and fox news is i mean come on guys. i think this is a problem and look this is more than the libyan situation the war this is a this is another constitutional showdown between a white house and congress and we haven't seen it i mean the whole purpose of the war powers act was to curtail as the show did to him and pakistan right mind well isn't it funny we you know here's another war against arabs and muslims and

general electric so implied in this council is that you know telling private sector corporate leaders to solve the job problem is that corporate interests are aligned with the best interests of workers and unemployment in this is the unemployment rather in this country do you agree or disagree with that. well look i completely disagree and you know if you look at it objectively the interests of one cent of one percent of the u.s. population has not bode well for ninety nine percent of the population i mean if you look at the leaders that they've been or who are in jobs or short millions of jobs you know the inequality of wealth in all time high is forty four million people on food stamps a record breaking numbers of people living in poverty i mean the statistics speak for themselves i mean we're at a point now where the democrats and the republicans have been bordeaux campaign on the revolving door and lobbying and unless we lowered it and start doing this nonviolent civil disobedience politicians are not going to represent as they have been doing i mean we see we're being. in the or

many many years and look at who i was and why is that general electric's you know you're on the ground here getting this information information jibes with what the people of america seem to believe which is that the conflict is not necessarily worth that why are you the pseudo hanoi jane i mean you're not read back on oh absolutely well they don't want this information out and it's funny i had more of an opportunity on libyan state t.v. to give the you know what we're talking about here without any sensors present night the next day people total strangers coming up to me on the street in tripoli thank you for coming here to tell the truth for once look. n.b.c. still a lot of the ownership is general electric one of the big military contractors fox is murdoch who has his own interest in keeping these wars going neal if you're not going to get on any and c.n.n. which is more into infotainment like the latest murder trial in the south and on that i think we have a photograph we had an enjoyable meeting this morning where we noticed that all three channels that we had on the mainstream ch

s from big corporations and it's headed by general electric's jeffrey immelt here's what here's a little on them. but these are leaders who have a decades of experience in running some of america's best businesses creating jobs understanding what it takes to grow our economy and strength of our middle class now meanwhile activists such as the hacker group anonymous see a totally different solution to the country's economic woes they do not see corporations as the solution they see civil disobedience and resistance as the solution they're calling to get rid of the corporate and big bank influence over the economy and politics and fact and yet another solution we're seeing being blazed by the state of idaho they're looking for help from the chinese from chinese companies to invest in their states projects now here to help us all break it down is author and journalist david cross thanks so much for being with us now i know tomorrow several groups are launching a nonviolent protest movement protesting the economy and campaign finance influence and in too big to fail of breaking up the fed or

. >> japan unveiled a nude generation of electricity-free choice. -- a generation of electricity-free toys. anthony weiner has resigned. at a news conference, he apologized for his actions. >> from high-flying politician to a national joke, all because of bad behavior. at a news conference, the congressman about to be inevitable. he admitted he could no longer do his job. >> the destruction that i have created has made that impossible. today, i am announcing my resignation from congress. >> when it first emerged, a congressman tried to deny it. >> i did not send that tweet. >> his attempt at cover-up only made things worse. he tried confession and an apology. >> i am deeply sorry for the pain that this has caused my wife. and my family. >> his pregnant wife is a top aide to hillary clinton she knows -- she knows a to a war to about marital sex scandals. the democratic party closed ranks against time. >> i can tell you that if it was me, i would resign. >> his brash style had already marked him out. yet again, a u.s. politician has been brought down. not really for what he did, but for

using nearly half as much energy in just twenty years time as we are today we can either generate that electricity with oil coal and gas and out to climate change we can generate with renewables this home reliable and therefore we face the risk of a much higher cost of power cuts on a regular basis and they have huge health cause huge health damage we can use nuclear which actually has the best safety record of any major way of making energy but also we've seen in fukushima also has its risks if nuclear energy were simply a matter of being a choice i think everyone would oppose it but the fact of the matter is we have no really attractive ways of making energy we do have a desperate need for more and more energy although i will show the meeting come up with some hues full recommendations the i.a.e.a. cannot enforce any of the safety rules so they can basically only recommend them so in this in this regard is the agency completely toothless and is something else needed to replace it. i have to say my view is that trying to internationalize safety is probably a mistake at the moment every country th

. >> showed me a little experiment he was doing to generate electricity to his house so he wouldn't have to pay pg&e. he piekd up -- hook up a pipe. and a generator. >> they're investigating whether there was a connection with a bombing in march, when a man pegged up a newspaper and it exploded. >> maybe this will help kind of get some more clues as to what is going on, if they're relate or not. >> reporter: police say garcia has a criminal hoyt -- history. garcia is now in the solano county jail without bail. john alston. >> alan: a manhunt is now taking place in lake county for the suspect who killed a four-year-old child and shot five other people. it happened just before 11:00 last night in clear lake. investigators have served search warrants at several locations are and looking for kevin stone of clear lake. investigators are not releasing a motive or details. >> a father's day outing turned into a rescue mission today. the coast guard had to save a father and his two sons when they're boat capsized. the the it capsized in eight feet of water. they were teen the hospital for evalua

generally what should electrical generation companies be doing to best ensure that their systems can't be hacked into? and then on the electrical generation itself, there's been some side discussions on electrical generation, more critical defense bases or buildings should go off grid totally reliant. and with the small module nuclear reactors may allow them to do that. you have a minute and a half to comment on both of those questions. >> i'll make three points, sir. first of all, with respect to the issue of serious attack. one of the tngs that a serious attack would have to do is reconnaissance. won't just attack without substantial reconnaissance. so the reconnaissance or the activities you're talking about are quite consequential. and it would be part of any serious attack. and so dealing with those early on is just as important as dealing with the set of issues, you know, when the attack occurs. secondly, with respect to what the industry ought to do, there are a number of -- standards set forth both nerc itself, ferc, d.o.e. and others have written out. one is cled 20 critical a

. >> showed me an experiment to generate electricity so wouldn't have to pay pg&e. hooked up a bike with a battery and a generator. >> police confirmed they're investigate will go there is a connect with a bombing case in march. that's when an elderly man picked up a newspaper near his driveway and it exploded. seriously injuring his hand, arm, and leg. residents wonder if this could be a break in the case. >> maybe this will help kind of get some more clues as to what is going on, if they are related or not. >> alan: john alston tells us also that garcia is being held in the solano county jail with bought. >>> hundreds of volunteers searched for a third day for missing nursing student michelle li. ly's friends and family conducted 30 searches in and around niles canyon. her father talked about how difficult today's search has been. >> it's such emotional thing, especially today, father's day. we all coming together, to help michelle come home. that's the biggest father's day present i would ever ask for michele. >> alan: the family says they will organize more sear

what is ironic is that at 35%, general electric hires tax lawyers and pays zero. at 12.5%, there will fire at the lawyers and a tax is [laughter] . [applause] money for the government out of general electric at two 0.5% than obama is getting at 35%. two other tax changes, one hunter% expense and for all equipment so every american worker has the most modern equipment and the world. [applause] i have been in two machine shops in new hampshire with multimillion-dollar pieces of equipment and when i talk to the owners of the shops about how rapidly they could modernize to pick it right the investor and often when your, you would have an explosion of productivity in the united states. we could take the chinese had on and we would win because our workers would be the most productive in the world. [applause] finally, permanently abolish the death tax which is an anti-work -- [laughter] [applause] [applause] i look forward to debating present obama on this issue because it is straightforward. it is immoral for the government to say that you can work all your life, save a

is this place general electric bombs well how they get the money to make them and who's giving it to them. to protect us from. these are all questions that somebody like obama should butt out. it just didn't happen. as it was designed. and those bases just came along like you know some terrible cancer. when you see how much money is at stake in in the operations that go on every day it's phenomenal the number of flights to take off from kadena air force base every single day involved just that one base in that one country on one day and have involved thousands of gallons of jet fuel. repair and maintenance and parts for those aircraft the rationale for these bases is that they're continually practicing and training and using the equipment and running the personnel through their paces and and feeding them and and so on and that is an incredibly expensive operation this is what. president eisenhower was warning against in his farewell address in one thousand nine hundred sixty one where he invented the phrase military industrial complex meaning hidden power power that was not really un

with the tonic reactor is an identical twin difficulty my daiichi units one through four it's a general electric boiling water reactor of the mark one design incredibly they are not shut down they are at full power they're operating a way full steam ahead with the floodwaters rising they have about a foot and a half of margin before they would have to shut down under safety regulations so they're running that thing at full steam and they have as well put in flood barriers on the river. does it is that it is the river continuing to come up or is the river nose has it crested does it start well and also do we know is are there any more storms coming you know very tornado came through into a part of the grid or something like that i mean exactly what you what's what is the look like maybe have the army corps of engineers which is in charge of a half dozen major dams upstream of these nuclear power plants has said that these flood levels will persist into august actually these are controlled releases from the dams to prevent them from overtopping there assuring that the dams will not breach but that

government proposed in 2009 to build new plants to secure sufficient supply of domestically generated electricity. the referendum was on whether to approve berlusconi's idea of reviving nuclear power. voting was held on sunday and monday. the italian interior ministry said 94.6% were against domestic nuclear power generation after 95% of all the votes were counted. >> translator: today is the historic day for italy. >> translator: the nuclear accident at fukushima convinced us that nuclear power generation is an outdated technology. >> even before the result was announced, berlusconi expressed his intention to cancel the plan to build new nuclear power plants. >> translator: once the italian people have spoken we will probably have to give up nuclear power. >> he also said the country will promote renewable energy sources. germany and switzerland have already decided to close their nuclear power stations after the accident at fukushima daiichi's nuclear power plant. italy is the first country to hold a refer dumb on its energy policy. >>> three months after the crisis at the fukushima daiichi nuc

when the elevator is empty, the counterweight polls the elevator and it generates electricity by breaking. the same thing as in your toyota creosote or another hybrid car. -- prius or another hybrid car. here inside we have the ibtv drive. this is important for landing of the elevator. also, acceleration and deceleration, if there is instability in a car, can be reduced. >> so we have taken a ride in an antique elevator. >> this was an elevator built in 1913. >> we have checked out current elevator technology. >> these were installed in 1972, outside observation elevators. >> it is not standard because there is no tape that runs it. but shane we have seen the future of the elevator technology. >> i am going to push the access key which will access the voice. >> this has precise generation of power, which is important for highly acrilan the landing of the elevator. >> what happens next week and not know but it will be exciting. thank you for showing us this interesting technology. >>

what is general electric paying for taxes? 0. i am paying payroll taxes. i am paying my accountant in san francisco. i am paying my attorney in san francisco. my employees are all in san francisco. pet food express, when i helped to start this campaign a year and a half ago -- i really appreciated how receptive you guys were at that time. pet food express had 34 stores at that year. do you know how many they have now? they have 42 stores. they went from 34 to 42 stores in a year and a half. do you think the recession or the economy -- these think the economy is booming, that it warrants an increase from 34 to 42? what the you think is happening? they are eating our lunch. i will give you an example. pet food express opened a mile away from my store in february of this year. i don't want to give the specific name brand, but i carry raw food. my raw food sales went down by 80% in the month of february, 80%. i cannot continue to support that as a small business. my business has been there for 11 years, you guys. i understand the legislation is proposing to ha

the pawlenty plan this week drew the support of a major american leader, chairman of general electricack welch. >> everything i see tim pawlenty say in the last month appeals to me. if you hear what he says in his vision for america, and plan he put out in the last 48 hours, every time i see him on an interview, your show or someone else's, the guy makes sense! >> question, is jack welch's jockeying for a cabinet position pawlenty presidency? [laughter] >> can't ask with a straight face. >> i think not. and when president reagan was in the white house, marginal taxes were at 70%. it's lowest point since 1950 today. there's a plan that eliminates the capital gains tax, it eliminates the estate tax. it's a huge handout to the upper income of the corporate interests. of course they're going to be cheering. but if doesn't produce the 5% growth, then what? i don't think he'll get to the white house to prove his plan, but i think it should be exposed for what it is. it's -- >> giving away cancan i did. >> can we talk about the percentage of federal spend that pawlenty wants this government

swedish hundreds bank and closing that businesses in russia that withdraw money bag it's part of general electric strategy to squeeze its financial business according to davey this comes as a condition for g.e. to receive a stake a lot to overcome the crisis hundreds upon has not given any reasons for the move of the global majors h.s.b.c. and barclays have already left russia's retail banking sector. then you create disaster in japan has shattered confidence and what was one of the most promising forms of alternative energy italy has decided not to restart its nuclear program while germany and switzerland how decided to stop using the help however the former head of the international atomic energy agency warns the world can't afford to follow that example. right now there's twenty nine countries that are lying on your threat energy and the impact of north carolina going nuclear and you have huge an energy deficit increase in prices of gas and oil that renewable is not yet around the corner energy for gas will increase forty percent by twenty thirty or so we are between iraq and a hard place you

general electric and dupont once had manufacturing plant here.f i were says federal seed money will bring business back. >> we make the utilities up to date and we get the-- the ground ready for private development to occur. >> reporter: take steel point. bridgeport cleared 50 acres of land for a marina, retail stores and apartments with federal assistance, $11 million to improve roads, utilities and sewers. >> we're really not looking for a handout. we're looking for investment, and i have bridges that need to be rebuilt. >> reporter: so that congress street won't have a bridge to nowhere much honger. tony guida, cbs news, bridgeport, connecticut. >> mitchell: up next, youngsters with cancer, and the hospital chef who knows how to bring smiles to their faces. at bayer, we've been relieving pain for over 100 years. and today, we're re-inventing aspirin for pain relief. with new extra-strength bayer advanced aspirin. it has microparticles so it enters the bloodstream faster and rushes relief right to the site of your tough pain. ♪ in fact, it's cl

to be a big difference so i do agree with you that there's a major giant difference between a general electric the parent of a fantasy and current t.v. but at the same time just to push back a little bit i mean this is still a you know the brainchild of al gore whether you agree with us politics or not he is by all accounts an established elite insider if it's not the equivalent of state democracy now or some more grassroots funded organization so could we really expect a change in the message and you know see this as a real alternative media frenzy or well you know i mean i actually think so i mean i don't go you know i don't go either al gore or goldman enough. where they disagree on policy but i imagine it's not fair. different than you know al gore is no no general election you know at the end of the day i don't expect development to be from democracy now but i think that has more to do with what he's interested in talking about and where his focus lies and less about there's going to be any management saying you can't discuss this and. i really do think there's going to be. there is a big

to do we want to do motivators so far so he's out and so you know we're doing more than just general electric we want to grind through our bait. and maybe one of the primary election voters and after the party years or does that really need some kind of neutralize the interfering crowd which i think they are. the as all efficient. band after a good thing especially one like. eric brown ever going to being rational due to the road and we want to give them to sort of political coverage in the only way that we're going to do that it's like. it's primary election. the government why i think you know part of the large as you mentioned tea partiers are part of the largest group that is the anti immigrant crowd is the republican party the democratic party all of that haven't actually done anything with immigration reform it's the republican party that is against immigration reform it's the republican party who we see you know talking about building the damn fence that you know spewing i guess anti immigrant rhetoric when we're there on the campaign trail or when they're putting into their videos so

closes businesses and use paper reports suggest the parent company general electric is getting out as a condition of a state bailout we haven't announced anything and maybe those rumors in the markets but i mean we look at the portfolio of businesses throughout the globe we look at what we're looking at it all should and for us in russia infrastructure business is a well we're going to be focusing on the money we're very happy with the bank we're very happy with its performance and we currently have no no plans to divest of it that's the business news when i will go back and listen and less than one hour with more. twenty years ago in the largest country in the. disappearance of the. one hundred. each began a journey. where did it take them.