kodak has a moment to years ago where they said, you know, we are felt.e are just going to do film, and somebody else to do is a ticking that there was stay in business to let you know how that ended. it only took him to christmases to lose their lead as the almighty kodak. somebody is always speaking of a better way to do it. technology is now moving so rapidly that i think the old delivery system of television is fundamentally transforming both the. india sure you an example? year on the set if you come over here this is an original color camera. this is the first color camera of the other side. i had to take the logo of. it's from nbc. from 1854. only about four of those left in the country. if you delegate this television camera, don't even want to tell you how much that costs. this is about a dozen dollar camera. now with the canton, i think is the c300 about this big guy can get movie quality. the total cost to equip my studio with what camera would be about $20,000. everything is changing. you'll need a big company bites doing more to give you a st

. >>> tough times at kodak have the company selling off the most famous business. cnbc's hampton pearson with those stories and more. >> as a matter of fact, kodak is putting the business a really helped put it on the map on the block. the company is looking to sell its camera film and document imaging operations so it can focus on commercial printing services. kodak filed for bankruptcy in january. it hopes to emerge from chapter 11 sometime next year. earlier this year kodak announced it would no longer make digital cameras or picture frames. a new kindle could be on the way. that's the speculation after amazon sent out press invites to an event near sloengs on september 6th. no details given but it's being organized by amazon's kindle unit. amazon launched the kindle fire tablet last fall. analysts say it's probably due for an upgrade or the company could refresh or introduce new version of its other kindle e-readers. the event comes just six days before apple holds its own mystery gathering where it's expected to unveil the new iphone and possibly a new mini pa

. >>> two companies are competing for patents owned by kodak. the wall street journal reports the bids range between 150 and $250 million. kodak has said the patents could be worth more than 2-1/2 billion dollars. >> wells fargo warned about potential losses due to lawsuits and troubled mortgages. in an fcc filing the bank said it could spend more than $2.6 billion buying back mortgages from investors an increase of 13% from the previous quarter. the filing said it reserved $1.2 billion for losses due to litigation. a 30% jump. >>> san francisco's metrion is hosting a job fair to hire workers for the target store set to open in october. the hiring event runs thursday through saturday at the mall on fourth and mission streets. the company is asking job seekers to apply online before attending the fair. >> i prefer to cut in another thing. but have my kids safe. >> fewer police officers on the streets and now decent among the ranks. what some are calling risky trade offs being made in san jose while trying to keep communities safe. >> walnut creek

. >>> kodak is selling off. cnbc's shartia brantley is live with that story and more.ood morning. >> happy friday, eun. kodak is putting the business that helped put it on the map at the blue chip company on the block. it's looking to sell the camera film and document imaging operation so it can focus on commercial printing services. kodak filed for bankruptcy in january and hoped to emerge from chapter 11 sometime next year. earlier this year kodak announced it would no longer make digital camera or picture frames. on the housing front, mortgage rates are on the rise again, taking higher for the fourth straight week. freddie mac says the average rate on 30-year fixed loan is 3.66%, up from 3.62% the previous week. analysts say the move higher likely reflects some recent positive news from the housing sector as new and existing homes rose last month and builders began work on more properties. back to you. >> shartia brantley. thank you. have a great weekend. >> you, too. ♪ >>> high school football is king in texas. and my friends, this is the new castle. it is an all n

that means kodak will no longer make film, or scanners. >> film? what was that? >> a foreign word. >> the good old days. >>> if you bought an ab circle pro exercise device, you could get a refund. the company is settling charges that the marketing is deceptive. the marketing promised you can lose ten pounds at just three minutes a day. >>> as if being friday wasn't enough, today is also national waffle day. many restaurants are offering breakfast specials this morning. some are offering waffles flavored with liquor or how about waffle-flavored vodka. that goes on sale, as well. you know. i got my money back. >> that's the most exercise you're going to get all day. >> probably. >>> well, serious stuff just ahead, including the latest on tropical storm isaac. >> plus, how a 3-day-old baby was taken from the hospital by a stranger. >>> and a wet and wild wedding. bride and groom arriving by jetpack. introducing doggie dentures. [ male announcer ] introducing doggie dentures. hd 8. develop gum dis and tartar buildup is a contributing factor. [ dog ] or new dentastix

kodak filed for bankruptcy. it hopes to emerge next year. kodak announced it could no longer make digital cameras or picture frames. an early look at business. happy friday everybody. back to you. >> have a great weekend. speaking of friday, gadget friday, we've got a dummy coming on gadget friday. >> i think a good looking dummy too. >> really? i think you know a secret. >> maybe it's two dummies. >> i don't know. got you, scott. >> good looking forecast for this weekend. let's find out with meteorologist christina loren. >> you might be a dummy if you don't make outdoor plans inland. temperatures are going to be so comfortable, not too hot. i'm going to tell you the beach, you'll still see the steady flow of traffic over 17 headed to santa cruz. they are not going to get the best weather as we head into this weekend. it's your inland cities, san jose, 75 degrees strong all weekend long. it's going to be perfect. the only caveat, these cloudy mornings and i believe we'll see flight delays as we have the four last days. the first four days o

. >>> eastman kodak is taking further steps in its reorganizing effort to emerge from chapter 11.the wall street journal" reports the company will focus primarily on its commercial packaging and functional printing solutions as well as enterprise services. kodak is exploring the sale of consumer business and that's the latest from the fox business network, giving you the power to prosper. liz: german chancellor angela merkel and french president francois hollande meeting today to discuss a possible extension of greece's bailout package. >> we have someone who says they should ease the stance of the bailout. he a professor of economics at nyu. he joins us now. nicholas, what happens to greece and europe in general if greece has to leave the euro? >> that would be a complete disaster both for greece and europe. david: how? in what way? >> well, first of all, there would be a run on the banks in the transition from, of greece to a new drachma. that is problem number one. problem two, there is going to be very high inflation as the new drachma gets heavily devalued against the euro. t

kodak has a moment to years ago where they said, you know, we are felt.e just going to do film, and somebody else to do is a ticking that there was stay in business to let you know how that ended. it only took him to christmases to lose their lead as the almighty kodak. somebody is always speaking of a better way to do it. technology is now moving so rapidly that i think the old delivery system of television is fundamentally transforming both the. india sure you an example? year on the set if you come over here this is an original color camera. this is the first color camera of the other side. i had to take the logo of. it's from nbc. from 1854. only about four of those left in the country. if you delegate this television camera, don't even want to tell you how much that costs. this is about a dozen dollar camera. now with the canton, i think is the c300 about this big guy can get movie quality. the total cost to equip my studio with what camera would be about $20,000. everything is changing. you'll need a big company bites doing more to give you a studio

. >>> plus, it's a kodak moment. >> controversy at a virginia county fair. animal lovers are not amused with the kangaroo. >> but first, a fire tears through a home with a family caught inside. we have breaking information from tonight, we've learned a child has died as a result of that blaze. good evening. i'm brian bolter. >> we begin tonight with bob live in chapel oaks, maryland, with the latest. bob. >> shawn and brian, we just learned from prince georges county fire officials here at the scene that a five-year-old girl that lived in that duplex over there died tonight from her injures at children's hospital. she was severely injured in the fire that destroyed her family's home. >> i started screaming. screaming, help. help. >> jeanette gibson lives next door to the duplex here on carrington court. where a fire that was reported around 4:30 this afternoon killed a little girl and critically wounded her teenage uncle and 24-year-old father. >> he was inside the house and he was call, help, help. >> fire officials say the young man suffered third degree b

kodak will concentrate on printing and business services that means they will no longer make film camerasr scanners. and if you bought an exercise device you could get a refund they are selling it are agraying to -- agreeing to pay $25 million to settle charges the weight loss promise are false. prince harry gave new meaning to the las vegas strip they are remining partiers what happens in vegas stays in vegas and asking them to sign a letter of discretion. that's america's money. >>> you are watching the station that works for you. now, good morning maryland. >> the cause of death released for the two college students killed during the train derailment in ellicott city. loved ones prepare to say their final good-byes and five years is how long it has taken to get a woman accused of elderly abuse finally back to baltimore. an update on the investigation. and the latest on a man assaulted by someone impersonating a bge worker. those stories and more coming up on friday, august 24th. i am charley crawson. megan is off but lynette charles is in and people are talking about the calm weather w

kodak hopes to sell its imaging unit to concentrate on printing and business services. it will no longer make a film, , or related items. forcompany is selling of dollars after it charges that its weight-loss .roduct claims were false time to head back to school. students in montgomery county will go back on monday. classts headed back to have their goals already mapped out. clocking up the steps of this county home, edward what he has done all summer, making house calls. >> hello, how are you? >> he is the principal at shady school.ddle for the fourth summer in a row to studentsg out they head back to class a. >> build the relationship. >> a rising seventh grader is e than 40 students to have the principal in her home. >> it's awesome. >> usually a school only visits when something is not going right. but he says these visits are positive.forcing the >> she says that she likes to be called a straight a student, the junior honor society, and a soccer player. her counselor uses this visit to review greys and set goals for the next year. you is i would like you to be in s

kodak hope tossle off imaging units and -- hopes to sell off imageing units. -- [ unintelligible ] .>> now that prince harry has given new meaning to the las vegas strip the city reminding partiers that what happens in vegas is supposed to day in vegas and calls on them to -- >>> this morning buckingham palace is threatening to take legal action against british newspapers that prints those photos of prince harry one paper has done so any way. tmz released the photos of the prince playing strip pool with mystery women. before that harry crashed a pool party at one of the hotels, lucky ladies. most pictures were taken and in those he was dressed in a custom tank top made for some new york bridesmaids. the women are now talking partying with the prince. >> he asked if he could wear one of our shirts and we didn't hesitate he put it on and jumped on his friend's shoulders and waved his hands in the air and he was like a normal guy. i was amazing that he was the prince of england wearing our tank top. >> that's -- the women say they were surprised it appears the prince didn't have much se

. >> a set for $20 for this vintage kodak camera. >> reporter: 20 bucks for all this. this woman got much more than a camera to add to her collection. >> i opened the bag and amidst all the other awesome things like a light meter, there was all these undeveloped slides and undeveloped film. >> reporter: slides and undeveloped film she couldn't help but think belonged to someone. >> i mean, somebody didn't get rid of these on purpose. i think it was an accident. >> reporter: when she looked closer. >> pretty good photographer, you can see a lot of them really well. >> reporter: she could see the slides contained special family snapshots, snapshots we can actually see, since she had them developed. the images contained shots of a new baby, a couple, family members surrounding a man in uniform, and shots from a wedding. there's also one more clue. handwritten on the inside of the camera case. >> there is a name in the case, verle t. jacobs and the address. >> reporter: in hopes the address would lead us to the clues about the camera and contents belong to we came to the a

kodak had a moment years ago where they said, you know, we're film. we're just going to do film. somebody else can do digital. you know how it ended. it took them two christmases to lose their lead. somebody is thinking of a better way to do it. technology is now moving so rapidly, i think the old delivery system of television is fundamentally transforming, to quote the president. may i show you an example. here on the set. if you come over here, this is an original color camera, first color camera. it's from nbc. this is from 1954. there are only four of those left in the country. if you look at this television camera here, this i wanted to tell you how much that cost us, this is about an $80,000 camera. now with the canon, c-300 i can get movie quality and the total cost to equipment my studio with one camera would be about $20,000. everything is changing. you don't need a big company behind you anymore to give you the studios. >> the great example. record store doesn't existed anymore because of itunes but not just itunes, it's the record companies, guys who used to scout at t

kodak actually invented the digital camera back in the 70's but is playing catch-up now to competitors who embraced digital photography. >>> the dow is up 100 points. the nasdaq was up 16. and s&p 500 is up 9. >>> california transportation officials have committed $242 in voter-approved bond funds for a project. port officials say the new facility will enhance rail connection, increase global business opportunities and support thousands of construction jobs. construction on the oakland army based project is set to start the end of 2013. >>> there won't be any cars for most of the day on some busy san francisco streets. they'll be replaced by walkers, skaters, even ping-pong players. san francisco sunday streets is returning to the city's chinatown neighborhood. it will be on grant avenue from bush to broadway. this map shows you, as well as east on jackson and washington streets toward the embarcadero. >>> things are going to change a little bit. they're going to drop temperatures a few degrees as we head into your saturday and sunday. the last few days, it's been going a little warmer

. >> it's kodak moment. there we go. >> reporter: the 9-year-old kangaroo is an old pro.s been with the circumstance is seven years. gloves and harness, those for the clown's protection. when jack performs, he travels in an air conditioned trailer and any complaint of cruelty have been checked out by the usda. >> they inspect him. we have health certificates. we have a health inspector that comes out to my house. >> reporter: she has the paperwork to prove it but people for the ethical treatment of animals said in a statement that working kangaroos are harassed and bullied into defending themselves. they suffer immensely from the confinement, constant travel, cruel training and stress. >> we would never hurt the kangaroo. he is my baby. he is a star. >> it doesn't look like they mistreat him or anything. >> r. >> reporter: it is not meant to be a boxing routine. it's comedy are you teen. the boxing kangaroo draws a crowd. >> i'm sure he does. i've never seen anything like that. >> i didn't realize that kangaroos were that large. >> he is tall. >> very tall. i don't know i

yes, polaroid, kodak. research in motion, nokia. how about radio shack? that was a good one.uper value. all the way down we were told long-term, you're fine. or in other words being a long-term investor doesn't give you license to be a lazy investor as anyone who owned stocks through the horror of the crash of 2008 and 2009 knows, it doesn't work. investing for the long term doesn't mean owning stocks forever. it disabused people of the idea you can buy and hold stocks for eternity and somehow bank of america comes back. if you don't pay too much attention or try too hard, uh-u -- i get it. the lessons are being targeten. that can't happen on my "mad money" watch. i have always been one of the loudest opponents of buy and hold. in the world of euro melt downs and flash crashes many people who espouse the philosophy have uh tried to change their own tune. doesn't mean you should write off the idea of long-term investing. doesn't mean stocks can't make you money over time. that's what many of you think if you confused long-term investing with buy and hold. buy and hold was a bo

. >>> eastman kodak's bid takes a hit, opening bids came in at $150 million to $250 million, far short kodak hoped to be receiving. >>> amazon.com formed a uniit to create social networking games called amazon games studios, released its game for facebook, putting it squarely in competition with zynga and we've been talking about this other great game on google's home page. have you seen this? you can play. >> jim rohr is here. whenever we ask for a great ceo of a bank, that's how we talk about you. >> pnc financial. >> some are your friends, the guys that do that. >> very scientific analysis. >> you run a tight ship at pnc. are you up to speed on the standard charter? >> boy i tell you, wasn't that something? >> how does something like that happen under, who knew that was going on, do you think? how high would it go? do you have any idea? >> it's hard to imagine but like you, i've read the paper this morning and saw it last night, but the other thing, the ohm thing i know if you have a fraud that large, a lot of people are involved. that's not something that goes on for, i guess nine

also eastman kodak is looking to sell its imaging unit so it can concentrate on printing and businessodak says that if it can sell the document imaging and personalized imaging units along with a planned patent portfolio sale it should be able to merge from bankruptcy sometime next year. we do have some mixed news for eli lilly. it says that an experimental drug to try and treat alzheimer's did not meet the primary end points in a study but it was shown to reduce cognitive decline in some patients. lilly says that's encouraging and that studies will continue but, steve, we have another expert onset who has a slightly different opinion. >> we'll get to the bottom of this story. the fight over health care reform heating up as we get closer to the presidential election. joining us onset is dr. ken davis president and ceo of mount sinai medical center. thanks for joining us. >> pleasure to be here. >> you were absolutely definitive when we asked you about the eli lilly story. >> not good news. in a broader context of the cost of health care, alzheimers disease is exploding as a public hea

was limited to well-to-do families, people with money or influence, but then companies like ford and kodakranged evacuation of children of their employees, then service clubs like rotary started to help, and then private schools would make arrangements. then the british government got involved to make evacuation a little more equitable, and the result was corb, the children's overseas reception board for canadians it was painfully clear a german invasion of great britain was a great possibility, and many canadians still had strong ties to the mother country and felt committed to supporting the british cause in any way they could. one way was to accept british children into their homes for the duration of the war. so what would possess a young, divorced woman, margaret sharp, to send her three sons -- bill, christopher and tom, ages 13, 11 and 9 -- thousands of miles away across a submarine-infested ocean to stay for an indefinite period of time in a city she had never visited with distant relatives she barely knew? and what could have convinced another young couple, marie and john williams

my little kodak moment with my dad mal whitfield. medals and a bronze medal in those games. let me not undersell it all. it was a beautiful moment to be able to go back to london with my dad as he reunited with a number of his fellow olympians. that is a 1956 olympian who happened to be in the olympic park area running into. so it's been a beautiful moment after moment of reunions with olympians. great times there at the final there as well. we'll talk about that more on that later. >>> it has been a year since m pawlenty dropped out of the race. why romney has him on the short list for vp. o dreamed she could. like others who braved the sky before her, it took a mighty machine, and plain old ingenuity to go where no fifth grader had gone before. ♪ and she flew and she flew, into the sky and beyond. my name is annie and i'm the girl who dreamed she could fly. powered by intel core processors. ♪ these are sandra's "homemade" yummy, scrumptious bars. hmm? i just wanted you to eat more fiber. chewy, oatie, gooeyness... and fraudulence.

they were premiered the movie of the kodak theatre in los angeles and there were nearly 1000 kids indience, as panoramic view and i thought my goodness, these kids are going to see this movie and that is what's going to change the future. >> hi. i serve on the presidents advisory commission for asian-americans and pacific islanders. i just want to add to the comments of the previous comments about the outstanding work that these transitions are represented -- that these psas represent the they are real powerful images to my question really is about there are plans to have those ads and other languages, in spanish and perhaps eventually patiently which is as well. >> that's a terrific observation. we do translate ad council campaigns cup an actual we do more than that. we do primary research and minority populations, hispanic, african-american, to understand the cultural references and get the language just right. it's really a matter of funding because we have to reimburse our partners for their out of pocket, even though all of this is done pro bono. but that is definitely in the pl

good old kodak. long may they waved, although they are not waiting real well right now.brand new bag"] ♪ ♪ [playing "rockin' pneumonia"] ♪ ♪ ♪ ♪ [playing "just my imagination"] ♪ >> ladies and gentlemen, please welcome back our speaker of the house of representatives, john boehner of ohio. [applause] >> the chair again requests the attention of the delegates for another important statement, to remind the delegates of the provisions of the rules, which specified in part that each candidate for nomination for president of the united states demonstrates sufficient support prior to the presentation of the name of that candidates for nomination. the chair wishes to inform the delegates that at this time, and has been furnished in a timely manner, without evidence of some -- of sufficient support the candidates who will be presented for president and vice president of the united states, in compliance with the rules of the convention. also as prescribed under the rules, the total time for nominating speeches in seconding speeches are intended it for president or vice president

and eastman kodak wants to get out of the film business.conic but bankrupt company announced yesterday its unit which sells traditional and photographic paper is itself up to sale. it's been overtaken by digital photography over recent years. the ceo says sale of the division would be a major step towards reorganization. >> and this next surveillance video is likely to make you cringe. tack a look here. a distracted mom carrying her 4-year-old son at a boston subway station yesterday, see there she walked right off of the platform. she fell face down, perilously close to the high voltage rail. fortunately, though, the next train had not arrived and a man and a woman helped them back on the platform. these two people helped out but then vanished without identifying themselves and mother and child were not seriously injured. just unbelievable pictures when you take a look at that and so fortunate that that did not turn out to be a true disaster, wolf. >> thank god for that and thank god for those people who were willing to jump in there and s

it has a kodak feel to it. they didn't earn the dividend. they obviously are troubled at the top. the new management has come in. >> a lot of competition. >> i do not want to speculate in avon. a lot of people think a takeover could occur. i want to say the fundamentals are so bad -- people say there's -- stop betting on stocks that you don't know anything about. where the fundamentals are going down -- >> unless your brother is a banker, by the way, preet on line 1. >>> let 'go to the open bell. you're watching "squawk on the street." while some fiber ads use super models, metamucil uses super hardworking psyllium fiber, which gels to remove unsexy waste and reduce cholesterol. taking psyllium fiber won't make you a model, but you should feel a little more super. metamucil. down with cholesterol. take the privileged investing tools of wall street and make them simple, intuitive, and available to all. distill all that data. make information instinctual, visual. introducing trade architect, td ameritrade's empowering web-based trading platform. take control of your portfolio today.

not every candidate's encounter with a kid turns out to be a kodak moment. obama. >> steve: and this baby boy's priceless face with presidential candidate mitt romney. >> gretchen: oh, gosh. and finally, don't these school kids look pretty bored listening to vice president joe biden? >> brian: making eye contact. >> steve: you know, it's not surprising that little kids do get freaked out when total strangers hold them because what happens when they go to see santa? >> gretchen: yeah. >> brian: parents will hand their kid to any politician. nobody else. >> steve: you want a picture of your child being held by the president of the united states. >> brian: right. but i wish you would ask the child. there is secret sauce at chick-fil-a. and if there is one ingredient that i think is the key -- >> steve: somebody leaked the recipe? >> brian: that's what i'm saying, i got sources. i was shocked to see paprika playing a role along with -- >> gretchen: paprika has no flavor? how can that play a role in the secret sauce? >> brian: you can not question the master. >>

. >> how about kodak?> i pray for rochester every day. >> are you still sad about the buggy whip company? how about the mall record store shops? are you rooting for -- i mean, things do need to -- >> things do need to change. >> you're okay with that, right? >> yes, but jcpenney is not being out-moded by technology. >> it's kind of been out-moded for a long time by a lot of stuff. >> the question is whether they can come back. i love a great comeback story. >> are you rooting for sears and kmart? >> you know, if eddie lampert can make it work, i would be -- >> are you rooting that you can still -- have you ever been to a sears? >> i have been to a sears, absolutely. >> and you need a sears to be around for you to be okay? >> i don't know about that. >> see, i don't think you were genuine in saying you're rooting for jcpenney. i don't think you truly care. >> that's not true. i want them to succeed. >> you do? >> i do. i'd like them to succeed. >> how about this, if they deserve to succeed, i hope they do.

, could bring in more than $500 million but that's way below the $2.2 billion to $2.6 billion that kodakought the patents were worth. restoration hardware garrett friedman left the jobs, i had reported on this earlier, it's a little complicated this story. should we get into it? we can get into it. the company had an inquiry into a relationship that we had with a 26-year-old female employee, he still is having this relationship, so it's an ongoing relationship, but there was an ex-boyfriend involved, this is when the whole world is going crazy, restoration hardware preparing for an ipo, the company's ceo, known for completely turning around the company gets involved with the employee and now is forced to step down because of an ex-boyfriend who starts calling the board and everybody else, calling lloyd blankfein, goldman sachs and bank of america underwriting the ipo, calling all sorts of people and beneath the pressure. >> this is beneath the "new york post" story, not "new york times." he's been very tired in the morning and i see you're out like going through people's trash late at ni

on the facebook page i think it was on the facebook page that they were committing the movie of the kodak fever in los angeles and they were nearly a thousand kids in this audience in this picture and this panoramic view and i was like my goodness these kids are going to see this movie and that is what is going to change the future, for asian-americans pacific islander and i want to echo the comments, the previous comment about the outstanding work that these psa's will present and they are really powerful images. mauney questions about whether there are plans to have those ads in other languages and spanish and perhaps eventually asian languages as well. >> that is a terrific observation. we do translate ad council campaigns, and we do more than that. we do primary research and minority populations and hispanic and african-american to understand the cultural references and get the language just right. it is a matter of funding because we have to reimburse our partners out of pocket even though all of this is done pro bono but that is for the plan in the campaign, and we hope that this ca