thank you so much, klaus, for coming on the program. enjoy talking to you as always. >> my pleasure. >> susie: and we've been speaking with klaus kleinfeld, the chairman and c.e.o. of alcoa. >> tom: meanwhile, investors are bracing for terrible earnings from the nation's big banks. j.p. morgan gets it started, reporting earnings thursday. as a group, financials are expected to post the slowest revenue growth of any sector, and its earnings are expected to rise less than 7% from a year ago. that's just half the gain of the market as a whole. erika miller takes a closer look at what went wrong. >> reporter: the protesters that have spent weeks occupying wall street are a visible thorn in the side of the firms doing business there. but there are plenty of other issues directly hurting profits at banks and brokerages. just ask goldman sachs, where third-quarter earnings expectations have plunged 96%. at the start of the quarter, the consensus forecast was for earnings of $3.62 cents a share; now, it's a paltry 13 cents. for many big banks,

it will be a another killing of morning pit of before the increasing klaus. maybe a scattered showers with temperatures around 70 degrees. the rainshowers left as the area from colorado moves are ray. and a little sour on saturday. temperatures over the weekend for highs only in the low 50's. temperatures around 60 on monday. . >> redskins getting for chose on their spine. >> it was of little bit of a surprise bid of data a tough decision not chris cooley as they head for the buffalo bills while miami had -- searches for a head coach. it ♪ ♪ [ jerry ] attention shoppers. your groceries are the size of idaho but the interest rate on your checking is small potatoes. earn more at capital one bank. get new high yield free checking. your interest rate will be 5 times the national average. that's huge. and free atms at any bank. free is good. sign up at capital one bank. what's in your wallet? what is he, a clydesdale. >> the tories and sports desk. brought to you by your local toyota dealers. moving you forward. >> casino, the pro bowler had surgery on his scatter

. >> the woman who owns this cat owns another cat named klaus and said klaus is 100% healthy and theyerything the same. >> interesting. somehow they're mimicking one another even though oscar, the kitty cat here, cannot see. >> 700,000 people have view this had. >> it's so sweet. >> now add two more. >> i'm with it now. coming up, i get a chance to talk to somebody who's very familiar to many of us, the managing editor of cnn. he's penned a family memoir. a journalist who's travelled the world extensively and reporting on so many different things. and this perhaps was one of the biggest assignments he gave himself. and now it's a book. so a conversation with mark whitaker after this. is frowned upon in this establishment! luckily though, ya know, i conceal this bad boy underneath my blanket just so i can get on e-trade. check my investment portfolio, research stocks... wait, why are you taking... oh, i see...solitary. just a man and his thoughts. and a smartphone... with an e-trade app. ♪ nobody knows... [ male announcer ] e-trade. investing unleashed. it's delicious. so now we've tur

absolutel absolutely. >> klaus kleinfield there, the ceo of alcoa. results are out later this day.harles? >>> now, two sensational legal cases are grabbing plenty of attention on both sides of the atlantic. in new york, a man referred to often as the merchant of death. we'll explain the explosive charges. and in london, it's one billionaire against another in a lawsuit that's providing a rare look inside the sometimes, only sometimes, i think usually murky world of russian business. 'cause without the fans, there'd be no nascar. just like if it weren't for customers, there'd be no nationwide. that's why they serve their customers' needs, not shareholder profits. because as a mutual, nationwide doesn't report to wall street, they report to their customers. and that's just one more reason why the earnhardt family has trusted nationwide for more than 30 years. nationwide is on your side. luck? i don't trade on luck. i trade on fundamentals. analysis. information. i trade on tradearchitect. this is web-based trading, re-visualized. streaming, real-time quotes. earnings analysis. probab

klaus regling arrived a day after european leaders approved the plan. he said it was too early to negotiate with china as a potential investor in the bailout fund. let's go to beijing and talk to our correspondent. martin, as anything emerge? can you tell us anything about the meeting between the eu bailout chief and the chinese? >> the chinese deputy finance minister was speaking about an hour ago. he said his country needed to study these proposals in depth. there is a new scheme. the details of the new scheme are still being hammered out. it is designed to entice more countries -- big sovereign funds have to invest more in the euro bailout fund that is designed to protect weaker european economies, because countries such as spain and italy could run into difficulties. china is in an important position to invest. clear whether or not beijing will invest. how much they will invest and what type of guarantees they will be seeking still is not clear. >> there will be no such thing as a free lunch for the europeans, is there, martin? what kind of things m

klaus kleinfeld joins us to discuss the results. later in the week, we'll see results from google, j.p. morgan chase and pepsi. >> susie: big news in the corner office at the house of mouse and its all about planning for the future. robert iger will add chairman to his title in march and step down as disney c.e.o. in 2015. during his six-year run as c.e.o. he increased disney's value by a third. he's also credited with reinvigorating the company, highlighted by the acquisition of pixar animation and marvel entertainment. >> tom: another big american company general motors is putting the brakes on plans to add a second shift at the factory making its chevy volt electric cars. g.m. will make one shift more efficient so it can produce the same number of cars as two shifts. fewer than 4,000 volt's have been sold far less than g.m. sales 2011 target of 10,000. its main competition-- the nissan leaf currently is outselling the volt with more than 6,000 sold between december and august. >> tom: a rally through june, a summer swoon and then

american, carly klaus is the biggest. one of the most coveted models in the world. >> paris is unique. it is art. it is truly art. it is so beautiful. just being here is inspiring. you become part of the art. it is sort of the fun of fashion week. you transform with the hair and makeup and become part of the collection. . the postal service is critical to our economy-- delivering mail, medicine and packages. yet they're closing thousands of offices, slashing service, and want to lay off over 100,000 workers. the postal service is recording financial losses, but not for reasons you might think. the problem ? a burden no other agency or company bears. a 2006 law that drains 5 billion a year from post-office revenue while the postal service is forced to overpay billions more into federal accounts. congress created this problem, and congress can fix it. ♪ [ male announcer ] with 50 horsepower, dual overhead cams and fierce acceleration, the gator xuv 825i will shatter your expectations. ♪ and so no one gets left behind, check

whether the department of energy follow the law with loan restructuring including a subordination klaus meeting that taxpayers would be repaid after investors is solyndra file for bankruptcy. republicans say that is it legal. >> you cannot ignore the law. the law is very clear. >>reporter: at the energy department said restructuring the loan was the best chance for taxpayers to recoup their investment and that the law allows the energy secretary and act in the best interests of the taxpayer. newly released e-mail's showed treasury officials expressed skepticism. one e- mail says, they may have stretched this definition beyond its limits. >>vicki: rick perry is powering down in the polls. >>vicki: rick perry held a speech today called energizing american jobs and security. it was also designed to energize his own campaign. >>reporter: looking to jump start a campaign that has been stalled for weeks, rick. laid out a tax is inside the kennedy clan if that he claims will create more than 1 million jobs. if elected president, perry says he will push for new coal mines, even oil exploration.

as klaus schwab, the executive chairman of the world economic forum concludes, women and girls must be treated equally of the countries to grow and prosper. the declaration we will adopt here today can begin to close the gender gap, by making it possible for more women to unleash their potential as workers, and entrepreneurs, and business leaders. and the goals in this declaration of very specific. we commit to giving women access to capital, so women entrepreneurs can turn their ideas into the small and medium enterprises that are the source of so much growth and job creation. we urge examining and reforming our legal and regulatory systems so women can avail themselves of a full range of financial services, and such reforms can also help ensure that women are not forced to compromise on the well-being of their children to pursue a business career. we must improve women's access to markets so those who start businesses can keep them open. for example, we need to correct the problem of what is called information asymmetric problems, meaning that women are not informed about the trade a

klaus kleinfeld joins us to discuss those results. contract negotiations between chrysler and the united auto workers will resume tomorrow after an around-the-clock bargaining session failed to secure a new national contract. neither side will discuss the progress on negotiations. chrysler is the last of the big three u.s. automakers to sit down with the union in this year's contract talks. general motors workers have already ratified a new contract and their counterparts at ford are voting on one now. >> tom: if you were expecting a message from a blackberry user in europe, the middle east or africa today, you may still be waiting. the service had a hard time sending texts and emails today from those locations. blackberry maker research in motion is investigating the problems. they apologized for the outage, but no reason for the problem was given. despite competition from apple's iphone, blackberry usage remains high throughout europe and the middle east. >> susie: the senate takes up the president's jobs bill tomorrow, but tonight'

i'm here with doug klaus, master printer, and we're at bowne and company station.oug. >> hi, erika. >> reporter: how are you? >> good, how are you? >> reporter: can you tell us a little about the history of the printing press? >> sure. the printing press was developed in the 15th century, around the 1450s by gutenberg in germany. the printing press had an enormous effect on our culture, on human culture, because it allowed knowledge and culture to be spread really quickly to a lot of people. so soon after the press was invented in the 1450s, it spread throughout europe in 20 to 25 years. today, you know, we're all used to just hitting a button and getting whatever you want, and whatever typeface you want immediately. this was a lot more trouble, a lot more work. type was all in little pieces, much like these. individual pieces of metal or wood, and you had to put them together upside down and backwards, so it was a lot of work, and took a lot more people than it, than printing takes now. >> reporter: so can you give us a little demonstration on how it works? >> sur

sheffield wednesday football club they're on a winning streak because they return to their roots as world klaus competitors. in the premiership so let's move to this next headline another bailout another break up another toxic bank across europe dexia board meets us france belgium tussle over troubled assets so you know belgium has bailed out the belgian arm of dexia which is now threatening a downgrade of belgium so again throwing the population throw an entire nation the existence and credit of a nation to save a group of bankers but i want to quote from this headline from bloomberg just the managing perception angle of this rescuing dexia the first victim of the debt crisis at the core of europe has become critical to preventing contagion in the region's banking industry again the managing perception rescuing dexia is absolutely necessary for the survival of human beings right they. whole thing the brothers collapse in the best turn collapse when they got the rescue we now know that would have been better off had they allowed the bad banks to go bust they were more attentive to the needs of

klaus tausa >>james: take a look at that temperatures we are expecting a drop dead date. we have mid-upper seventies on tap for santa rosa, novato, napa, downtown san francisco, 72. for most of the day, mostly cloudy skies. more weather in a moment. at bank of america, we're lending and investing in the people and communities who call the bay area home. from funding that helped a local entrepreneur start a business... to providing grants to a nonprofit which offers job training and placement... and supporting an organization working to help the environment. because the more we do in the bay area, the more we help make opportunity possible. it's like totally crunch-erific! what they mean is, it's french's french fried onions in my green bean casserole. french's french fried onions. now in the french's stay-fresh can. >>james: is slightly foggy on the golden gate bridge. fog tracker 4 is set for 7:00 a.m.. we're looking for the fall to be very defined to the coastline. everywhere else should be clear. the bulk of the cloud cover should be out of our here by 7:00 a.m.. as we

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klaus hecking, ft deutschland. sir, two questions on smart defense. the first question is, you know, smart defense touches national serenity and national... these questions always tend to be very difficult, as you know from your time as danish prime minister. would you be happy if in chicago at the summit if the heads of the government, if they at least agreed on one, let's say, showcase project, or would there have to be more? and the second question, who would have the command of what these common capabilities? would it be common nato capability under the command of the saceur, for example, or would it be, i don't know, under national command and then somehow being distributed or whatever? thanks. >> yes, of course, as far as the command structure is concerned it's very much dependent on how each arrangement is organized, so to speak. if we have a 28 arrangement, so to speak, if it's common funded, it's really a common nato project then there's no doubt it will, of course, follow the usual chain of command. you may have a multinational project, wher

the city was completely covered over by klaus, hayes. how is this for historical argument, the smoke from american fire bombing. several cities away several days earlier. the twin beech 29 made three long passes over the city. think about that moment. think about a citizen who is going about their business on the morning of august 9th. there is a b-29s overhead. an atom bombs is looking for a break in the clouds so they could visually confirmed a target. as the cloud cover broke for even a moment, that would have been the moment of their dim. it did not. the major decided to proceed to the designated secondary target, the japanese city of nagasaki. we all know the rest. not a lot of americans know the story. everyone in japan does. even have a phrase. kokura luck. and the reason that i like to talk about the crow is because it seems to me 66 years later to the state that it can be taken to represent every city in the world. escapes its nuclear state totally bio roll the dice, totally by the most capricious one of the gods. i think it's f

. >> [unintelligible] >> you have to wait, klaus. >> a symbolic gesture would be to agree to build upd capabilities -- to build up, capabilities, that would make you happy because it would be a start? -- is symbolic gesture would be >> the first start has been a report from our allied confirmation. there have been reports with a number of concrete proposals. we would try to provide further products the could be elements in a comprehensive package to be endorsed at the nato summit in chicago. and to further facilitate the process, i have asked the allied confirmation confirmation, together with our dietary secretary to act as a special on voice. they will engage with allied nations from now until the nato summit in chicago, discuss with our allies how we can develop such multinational promised -- projects. i will not hide the fact that it is a challenging mission. i do not leave it is the only way forward. if we are to acquire the me necessary capabilities, not only during a time of economic austerity is but also taking into account that there is a tendency that prices, sophisticated m

. >> [unintelligible] >> you have to wait, klaus. >> a symbolic gesture would be to agree to build up, and capabilities -- to build up, capabilities, that would make you happy because it would be a start? -- is symbolic gesture would be for them to agree to build up, ond capabilities -- comme capabilities, that would make you happy because it would be a start? >> the first part has been a report from our allied forces. they have elaborated a report with a number of concrete proposals. building on that, we will try to identify for the projects -- further projects that could be elements in a comprehensive package to be endorsed at the nato summit in chicago. to further facilitate the project, i have bounced the allied -- i have asked the french general together with our deputy secretary general to act as special envoy is. they will engage with capitals in allegations from now until the nato summit in chicago. they will discuss with our allies how we can develop multinational projects. i will not hide the fact that it is a challenging mission. but i do believe it is the only way forward