kleven if you could start by giving us a snapshot of what the intel corp. is, what it makes and where it is located etc.. guest: intel corporation was founded about 40 years ago and silicon valley, and we are primarily a microprocessor company that we are getting involved in all sorts of different types of products, software solutions, hardware solutions. we produce the chips inside net looks, servers, desktops that are chips also run medical devices. they also run gps systems in cars. you see them all over the world and we are a great american manufacturing success story. we have been profitable for decades and employ 43, 44,000 americans and our domestic manufacturing base. so, we have helped found silicon valley and we are going stronger today. >> host: so you still manufacture heavily in a united states? >> guest: absolutely. in california, oregon and arizona and new mexico we employ 43, 44 thousand high-tech high wage workers. they are the heart and soul of intel and as we expand our manufacturing facilities we count on them to build our next silicon pr

intel expected to make a, quote, major announcement at 12:30. >>> other stories making headlines this wednesday, river levels in the midwest are slowly dropping. one day after the army corps levee. the levee had been keeping farmland dry but was causing extensive flooding in cairo, illinois. as of 9:00 last night, the ohio river had fallen by over a foot and a half. >>> rebels in libya say they are low on cash. fighters battling moammar gadhafi's troops say that oil has largely stopped flowing to the rebel-held areas, and financial activity is at a standstill. >>> a car bomb explosion in baghdad has left at least 16 dead, several others wounded. the blast occurred late tuesday night at a cafe filled with iraqis watching a soccer game. no one has yet claimed responsibility. >>> well, with osama bin laden gone, al qaeda's long sought-after number two, ayman al zawahiri, is expected to take over leadership of the terror group. >> but just who is al zawahiri, and what does the ascension to the number one spot mean to the ongoing war against terror? richard engel joins us now. richard, the one thing i understand about him is that he's not very popular. he isn't going to be a u