the deal needs court approval, and there's no comment from kodak. within the next three weeks, one variable that's kept american airlines in bankruptcy may be resolved. the airline and its pilots' union have reached a tentative agreement that gives the pilots pay raises and a 13.5% stake in the company. a ratification vote by american's 7500 pilots comes next. the labor agreement underscores a need to avert a rapidly approaching pilot shortage as a result of mandatory retirement and increased flight experience required of new pilots. "they simply haven't had the hiring they need to keep up. pretty soon, smaller airlines, private jet companies and others are going to be poached by big airlines." the ceo who shocked wall street with his abrupt departure from citigroup walks away with millions. according to reports, vikram pandit will be paid a $6.7 million bonus for his work at citigroup this year. he will recieve zero in serverance money. it's believed pandit fell out of favor with the bank's board of directors. lance armstrong is resigning from the

issues kodak says it's hoping to get out of bankruptcy next year.m tech angles to a resale story, best buy names sharon mccoll yum as its new chief financial officer, she helped develop e commerce business and best buy is hoping the improved online sails will help turn around this struggling kchl a dark cloud hanging over the new e. ceo of "new york times" company. controversial ranges over his handling of the sex scandal in charge of the bbc. thompson denies reports a squashed a program that exposed crimes of a former bbc host. stocks enchanged after a drop on concerns about the fiscal cliff. investors waiting for talks to start. as for your bloomberg silicon valley index, it closed lower, microsoft celebrating the release of the halo video game franchise, sales get this, topped $220 million in the first day expected to break the $300 million mark bit end of the first week. it has generated $3 billion in revenue but will have competition starting tomorrow when black hawk two comes out.r- big money, big games. larry and carolyn, back to you. >> than

retirees and medicare recipients fear the loss of benefits, but kodak says the move is legal. by the end of the year, worldwide layoffs at the company will reach 4,000 workers. a weight-loss drug is losing support. pharma company vivus says its weight-loss drug qsymia does not have enough support from insurers, and that is forcing nearly one in five patients to say no to the drug. vivus reports in the third quarter the drug generated only $41,000, down substantially from the $310,000 projected. shares fell 26% yesterday, closing near 11 dollars. in july, shares hit a 15-year high of 31 dollars. in earnings news, aol posted a 7% increase in profits, mostly from ad sales. it's the biggest gain in months. the company expects further growth in 2013. sales fell 11% at express scripts. the prescription company blames overly aggressive estimates and the economy for an earnings miss. office depot and office max had slow third quarter sales, but both stocks rallied on rumors the two will merge. and weight watchers stock gained 16% after the company topped estimates. it's prime time at

kodak was trying to establish a new market and product. they wanted people who would know how to use it effectively to publicize it. >> america comes to life and the life of the camera. american artifacts, sunday at 7:00 p.m. and 10:00 eastern on c-span 3. >> vice president joe biden at costco. he bit remarks about the fiscal cliff and middle-class tax cuts. >> thank you for coming along. these are hard-working people who do not need it the taxes to go up. the truth of the matter is, it will make a big difference. costco has hired 216 employees and then to of this new store. a renaissance of this neighborhood. consumers have money in their pocket to go out and supported their families in terms of christmas gifts they want to buy. i met with people. three of them said we are in the red nine months a year and we count on three months to put us ahead into the black. it is important congress acts right now. they have to take a single vote to extend the middle-class tax cut. if we go over the fiscal cliff, it has been estimated $200 billion les

like the old kodak film, kids are like that. all they need is a little exposure. once they get exposed, the picture comes into view for them. curiosity has to be with living in an environment where you get exposed and your curiosity grows and you can channel that sort of curiosity. the kids that succeed are curious because that curiosity is encouraged. >> i take your point, but i think it goes beyond simple economics, kids can be curious about a couple of blocks. you don't need complicated toys to be curious. to me, it is much more about the environment. there are lots of parents that are encouraging their kids ask questions. that is what built curiosity more than anything else. tavis: no matter how carias i might be, if my situation means i never get outside of these blocks, how does curiosity get for the rest? >> i think there is no question that there are different opportunities when they come from different economic backgrounds. curiosity transcends that more. i will absolutely take the point. there are different kinds of opportunities. tavis: since when is th

last five years did not tell investors they were getting ready to file for chapter eleven bankruptcy kodak is included american airlines that's just to name a few this is according to a wall street journal analysis and this is arguably material information investors would want to know so what's the find a decision like this which not to professor of behavioral economics and author dan ariely ellie and j.p. morgan chase has reached an agreement in principle with regulators that the as these thieves to resolve claims related to mortgage backed bonds handled by j.p. morgan and bear's terms the firm j.p. morgan of course of choir now it doesn't seem settlements deter wall street wrongdoing as we seem to see it continue so what would will discuss and greek lawmakers passed an austerity bill mario draghi announces he's keeping interest rates where they are but what's causing a real stir is the e.c.b. putting a princess from greek mythology europa on the euro up with their planning at least we'll talk about it in loose change and catch up with the special guest economist steve keen to see what he

kodak was trying to establish a new market, a new product and they wanted people who would know how to use it effectively to try it out and publicize it. >> america of the 1930's and 1940's comes to life through the eye of the camera as the library of congress curator beverly brennan shares some of the 1,600 color photographs taken during the depression and world war ii. "american artifacts," sunday at 7:00 p.m. and 10:00 p.m. eastern. part of american history tv this weekend on c-span 33. >> we had 2000 flight officers or generals. today we have 1000 flag officers and generals. the ratio is totally out of whack. wheels have an animal for every ship in the navy -- we almost have an admiral for every ship in the navy. we could transform responsibilities out of the pentagon and consolidate programs and save a significant amount of money. >> you can talk with tom coburn about the fiscal cliff and the future of the republican party on "in depth." the senator has written several books and reports. join us for senator tom coburn, live sunday at noon eastern on c-span2. "washington journal" c

. >> kodak reached a financing deal to take it out of bankruptcy.it would allow them to borrow $793 million and sell its patent fort you'll to for $500 million. it needs bankruptcy approval. they filed for bankruptcy protection in january while struggling to compete with the digital photography industry. >>> this 56 year old grandmother is not someone to be messed with. what she fought off with her bare hands and an axe. >> they come from thousands of miles away and pay a lot to go to college. where they are coming from. and you live way up here. brian, your cousin, he's a little bit older than you, he lives here, in chicago. and your aunt lisa lives here, in baltimore. uncle earnie? waaay out in hawaii. but don't you worry, we will always be together for christmas. [ male announcer ] being together is the best part of the holidays and cheerios is happy to be part of the family. you just ate dallas! i wish i had u-verse when i was your age. in my day, we didn't have these fancy wireless receivers. blah blah blah. if i had a sleepover, i couldn't jus

kodak film is popular. so are gillette razors and mickey. 100% genuine? maybe not.to brand names, even if they don't always know how to spell them. with the help of kroll investigators, we found a counterfeiter who took us to her garage in yiwu, where she displayed western running shoes ready to be copied. we wondered how long it would take to make copies of these nikes. >> [speaking foreign language] >> ten days. >> ten days. 1,000 shoes at $4 a pair. was she afraid of the police? not at all. "we have a good relationship with the cops," she said. and what do the chief cops in beijing say? we spoke to gao feng, deputy head of china's anti-counterfeiting police unit. from what we've seen, sir, counterfeiting is tolerated. obviously the authorities know about this, and yet, the shopping mall is open, the markets are open. >> [speaking foreign language] >> this phenomenon does exist. i admit its existence, but there's a question of how hard you crack down. that's because, under chinese law, someone cannot be prosecuted only because he sells a small quantity of fake pro

in 1939, when kodak instituted color from, they sent on to him to have his photographers try it out. kodak was trying to establish a new market for products and wanted people who would know how to use it effectively to try it out and publicize it. >> america of the 1930's and 1940's comes to life as the library of congress curator shares some of the 1500 color photographs taken during the depression and world war ii. sunday at 7:00 p.m. and 10:00 p.m. eastern, part of american history tv on c-span 3. >> on capitol hill today, a lot of events and briefings happening relating to the fiscal cliff negotiations. coming up in half an hour we begin to show you the remarks from congressional leaders on where things currently stand. we start with house speaker john boehner. also house minority leader nancy pelosi and senate democratic leader harry reid. that starts at 8:00 p.m. eastern. tomorrow on "washington journal," a congressional historian gives the history of the filibuster rule and the changes senate leader reid is pursuing. then a guest from politico examines tax credits aimed at fam

the brand name, the finest brand name in the world, bell labs, became like kodak. patents, they got millions of them. all those nobel prize winners. the patents are for equipment that became obsolete years ago. you could have been a buyer of alcatel lucent all the way down. there so many reasons to do so. i mean, just as there are with nokia or research in motion or hewlett-packard. we hear them every day. there's value all over the place. when you get in the downward death spiral, it's impossible to break out of. the only one i've seen rescued in this ever ra ra is sprint. one last thing. throughout this period, many thought lucent and then lucent alcatel had to make it. some still do. the market says it won't. i think the market's right. stick with cramer. >>> taking control of your financial destiny is smart. why would you go it alone? >> something that has a much larger bearing on you and the stock market as a whole. >> let cramer be your guide. your sounding board. >> i'm having a hard time with my favorite stock. >> i know you can beat these professionals. >>

yes, polaroid, kodak, okay. research in motion, nokia. how about radioshack, right? radioshack, that was a good one. or supervalu. all the way down we were told that long-term you're fine. or in other words, being a long-term investor doesn't give you a license to be a lazy and apathetic investor. as anyone who owns stocks through the misery and horror of the crash in 2008 and the beginning of 2009 knows it doesn't work. investing for the long-term does not mean owning stocks forever. if one thing the crash did, it disabused people that you can hold stocks for eternity and somehow magically bank of america comes back to 50. as long as you don't pay attention too hard, i get it. still, from the stories i read and from pundits, the lessons are already being forgotten. and i can't have that happen, not on my "mad money" watch. i've always been one of the loudest opponents of buy and hold. in this brave you world of euro meltdowns, men who espouse this philosophy have tried to change their tune or they've been discredited that no one listens to them anywhere. it doesn't

stuck into the legislation by barbara conable, an upstate new york republican as a favor to xerox and kodakhad their head offices in his home district. they wanted a tax shelter for retirement payments to executives. that's how it started. they wrote it. it was 401(k) because it's 401 provisions down in the tax code. it was so small nobody knew it was there. you guys didn't know it was there. >> instead of having a solid pension with a guaranteed annuity coming to you, you have 401(k)s which have shrunk in many cases over the years. >> what you got is hundreds of billions of dollars of expenditures are shifted from the corporate books into the pocketbooks and wallets of ordinary people. it's a disaster. the average 401(k) balance today is $18,000. the median 401(k) balance for people on the verge of retirement after 20 years in the 401(k), is only $85,000. the corporations saved enormous amounts of money and the people are having to spend a lot more money and not saving enough. >> we have to have you back again and again. this is great stuff. a lot of our progressive viewers don't know the

stuck into the legislation by barbara conable, an upstate new york republican as a favor to xerox and kodakause they had their head offices in his home district. they wanted a tax shelter for retirement payments to executives. that's how it started. they wrote it. it was 401(k) because it's 401 provisions down in the tax code. it was so small, nobody knew it was there. you guys didn't know it was there. >> instead of having a solid pension with a guaranteed annuity coming to you, you have 401(k)s which have shrunk in many cases over the years. >> what you got is hundreds of billions of dollars of expenditures are shifted from the corporate books into the pocketbooks and wallets of ordinary people. it's a disaster. the average 401(k) balance today is $18,000. the median 401(k) balance for people on the verge of retirement after 20 years in the 401(k) is only $85,000. the corporations saved enormous amounts of money, and the people are having to spend a lot more money and not saving enough. >> we have to have you back again and again. this is great stuff. a lot of our progressive viewers don'

kodak was trying to establish a new market, a new product and they wanted people who would know how to use it effectively to try it out and publicize it. >> america of the 1930's and 40's comes to life through the eye of the camera as they share some of the 1,600 color photographs taken during the depression and world war ii. sundays at 7:00 p.m. and 10:00 p.m. eastern. part of american history tv this weekend on c-span 3. >> on 16 or 17 bases in the united states, we have military-run schools. the average cost to educate a child in that school per year is $50,000. almost four times what the rest of public education costs. and the vast majority of our basis, we use public schools. we could take the money we're spending today, pay every public school system $14,000 per child, and save billions of dollars per year. and with the same or better outcomes. >> this weekend, you can talk with oklahoma senator tomko burn about the fiscal cliff and the future of the republican party. the senator has written several books and returns, including his latest, "the debt bomb." join our three hour con

kodak was trying to establish a new market and product and they wanted people who would know how to useit effectively to try it out and publicize it. >> deputy secretary of state bill burns and special envoy for middle east peace david hale spoke with palestinian president mahmoud abbas in new york city to discuss thursday's vote in the united nations to elevate palestine to be a nonmember observer state. this is 10 minutes. >> lets start with your incredibly successful effort to lobby other countries not in favor of palestinians. it was a resolution at the u.n. not only that but also your attempt to the secret diplomacy by sending, stealthily sending deputy secretary of state of boston new york. you know, what exactly did he want to get from abbas and did he get it, because it was very clear it's certain that they're going ahead. >> well first of all there was nothing secret about the deputy secretary's trip to new york to see president abbas. i think we have said two days in a row there we expected to have a senior member of the administration go up and see the president abbas followi

if you guys are thinking i'm the only one that gets to have fun, take a look at this kodak moment.perkins caught on the slide himself. and i understand he screamed like a girl. >> that is not true. >> we're going to have more coming up in our next hour. >> that's a good one. >> i loved it. i did not scream like a girl. thank you, holly. >> that's pretty cute. >> coming up, most of us like to hear we look good for our age. there's a reason to be concerned if you look older than you actually are. >> and watch the salt. some of our favorite foods contain way too much sodium and you might not even know it. the fox medical team takes a look at the sneaky 6. we'll be right back. time right now 7 :57.  >>> this is fox 5 morning news. >> straight ahead at 8:00, the count down to the fiscal cliff. we will take a closer look at the negotiations and later sit down with an expert for what could happen to your money if congress and the white house can't reach a deal. >> a number of investigations into that u.s. could so late attack -- consulate attack. we'll have mor

this gives a whole new meaning to kodak moment. dc's photo week coming up. how you too could take advantage of this amazing opportunity. plus, maybe we'll get a tip or two about how you can have a better eye yourself when you are behind the lens. all live next on fox 5 morning news. stay with us. >> closed captioning brought to you by this year, america's privately-y-owned freight railroads plan to spend $23 billion on their network. that's like building 4 nat's stadiums, 5 wilson bridges, and 8 dc convention centers...all in one year. and not a penny of it comes from taxpayers. [ male announcer ] from our nation's networks... ♪ ...to our city streets... ♪ ...to skies around the world... ♪ ...northrop grumman's security solutions are invisibly at work, northrop grumman. freight railroads plan to spend $23 billion on their network. that's like launching 4 mars rovers, 10 gps satellites, and 20 space shuttles ...all in one year. and not a penny of it comes from taxpayers. >>> welcome back to fox 5 morning news. today we say hello to our facebook fan of the day

john boehner will cry the a kodak commercial. >> you can understand he needed some sort of relief.esident has presented a different face today, this afternoon, when he talks about the economy. what must the president say in your mind? >> first of all, carol, i'm not sure that showing you can cry is not a very good tactic when you're about to go negotiate with john boehner, who is known for being the cry baby in congress. that's kind of part of his personality. it's a good thing they both come in, knowing that they can cry. what does he have to say? i think he has to reassure the american people he has been getting a lot of olive branches thrown to him by john boehner basically saying, look, we want to deal. we want to cooperate. we got the message. we understand we need to compromise. there are certain things i can't do but there are certain things i will do and many willing to do. i'm reasonable, responsible. come deal with me. i think the president will talk about the economy. i think he's going to talk about the importance of the fiscal cliff, vis-a-vis the economy and not falli

in 1939, when kodak introduced color film, they sent him to have his photographers try out, see what they could do. kodak was trying to establish a new market and product, and they wanted people who would know how to use it effectively to try it out and publicize it. >> america in the 1930's and 1940's -- the library of congress curator shares some of the 1600 color photographs taken during the depression and world war ii. .nday at 7:00 p.m. on 3. -- c-span 3. >> now, john boehner and house republican leaders talk about fiscal cliff negotiations. he says he is optimistic a deal can be reached with the president. >> morning, everyone. going over the fiscal cliff will hurt our economy and will her job creation in our country. republicans are committed to continuing to work with the president to come to an agreement to avert the so-called fiscal clef. one reason why we believe that we put revenue on the table as long as it is accompanied by serious spending cuts to avert a crisis. we believe this is the president's request for a balanced approach to this issue, and we are going to conti

the head of this project -- in 1939, when kodak introduced color from, they introduced it to him to have his photographers try it out and see what they could do. kodak was trying to establish a new market and they wanted people who would know how to use it effectively to try it out and publicize it. >> america of the 1930's and 1940's comes to life through the eye of the camera as a library of congress curator shares some of the 1600 color photographs taken during the depression and world war ii. sunday at 7:00 p.m. and 10:00 p.m. eastern this weekend on c- span 3. >> secretary of state hillary clinton spoke thursday about the future of u.s. foreign policy. the syrian civil war, and other challenges facing the middle east. this came at a forum hosted by "foreign-policy" magazine. she also answer questions. this is an hour. [applause] >> madam secretary, today we solve all your problems. nothing left to worry about, really. actually, the office of policy planning and the foreign policy group made a bet we could bring together leaders from inside government from leaders outside government

host: you put a reference to kodak but wasn't that technology train -- changing? are you saying that the chinese people are taking jobs away from americans in terms of photo processing? caller: in general all jobs, china is taking jobs from america. guest: to really discuss this issue, you have to look at the broader context of globalization over the last 10-15 years. for the last decade, china has built a formidable export sector. it is clear that china had 600 million laborers that want to get jobs and they flocked to the cities and i built these huge export hubs. it is not a surprise that when people searched for lower-cost labor, there was a supply there. i think channel tends to frown on certain trading rules. that is something beijing and washington will continue to discuss and washington will continue to push china on adhering to these trade rules. the currency issue is not that big of an issue anymore for u.s. companies. the bigger issue is how to continue to access markets in china. host: you look at the new brahmi's up election -- the new burmese opposit

faking a look at some recent bankruptcies, kodak, attempting to pay investors $8.9 million and beech situation. a 3.5 million dlrsz payout for its executives. what do you think about it guys? 1.75 million, that's $7,000 a week for a company that won't be on the docket. >> the pending home saeles inde from the national retailers, september was also revised higher and the realtor's index is now 13.2% above october of 0 2011. this is the highest level for the index which measures signed contracts not closings since march of 2007 and on a year over year basis, the index has now been rising for 18 consecutive months. the rocket is no thhe activity region to region, the northeast which realtors say did receive some impact from hurricane sandy, was essentially flat with sales down.01%. in the west where investors continue to devour the home market. >> we should point out, diana, on those good numbers and of course not the only good numbers we have got this week, the s&p has gone positive for the month. the flat line 1412, and we're well above that now at 2016. the treasury secretary getting

there were editorials in the 1880s that said have you seen the kodak film, which can get you in a badon of the post office. but instead of saying get over it, many state laws about privacy. when supreme court dealt with the case about gps, the supreme court didn't say, hey, we have technology, get over privacy, they said -- and this is a supreme court that doesn't agree on anything, they said privacy is important. something even this minor is where you are to give away information about whether you know it or not abortion clinic, a competitor to your bosses, this information is being tracked on the web through smart phones actually have huge ramifications. it's what we do? in europe, they actually have protective laws. you can find out what data aggregators are talking about you, if you have wrong information, you can correct it. so i might be googling diabetes or a friend or a product, and not for, it doesn't mean that i'm unhealthy, but the federal trade commission is actually considering having a do not track regulation. sort of like the do not call list. i will end up with somethi

kodak and watch those games. -- go back and watch those games. was there a penalty hit?olid and hard making a reptilian brain jump? they were. go back and watch. i present to you is changing. james harrison said publicly he would avoid hitting the quarterback in the head. >> and that is big. >> i will probably get in trouble, but anecdotal is not approve, but those stories also exist. those hard hits can be done and continue to encourage the following of the fans and those of us that enjoy it. that does exist. >> we need to wrap up. but with love to get to everyone at the table. -- i would love to get to everyone at the table. quick closing comments from scott and then bob. >> i want to comment on the idea that getting players engaged is important. this is not an advertisement. i have to be careful. with the pilot programs, one thing that was really beneficial is the alumni players came out. they were genuinely presenting their feelings about the game. they were talking openly to parents. it made a real difference. one point you made it is how we come together and get th

an economist from columbia university was the head of this project in 1939 when kodak introduced color film, they send found to have his photographers try out to see what they could do. trying this new market and it wanted people who could use it effectively to try it out and publicize it. >> the library of congress curator shares some of the color photographs taken during the depression and world war ii. sunday at 7:00 p.m. and it 10:00 p.m. eastern this weekend on c- span3. >> earlier today, president obama visited in manufacturing the facility in pennsylvania. ♪ this is about 25 minutes. >> good morning, everybody. please have a seat. have a seat. relax for a second. it is good to see all of you. hello. it is good to be back in pennsylvania. and eight is good to be right here -- and it is good to be right here. i want to thank michael, robert, and the investor, joe glickman for hosting me today and giving me a great tour. stand up so everybody can see you guys. [cheers and applause] there you go. we have a couple of the outstanding members of congress here. [cheers and applause] now

kodak was trying to establish a new market, new product and they wanted people who would know how to use it effectively. to try it out and publicize it. >> america of the 1930s and '40s comes to life to the eye of the camera as library of congress curator shares some of the 1600 were photographs taken during the depression and world war ii. american artifacts sunday at 7 p.m. and 10 p.m. eastern. part of american history tv this weekend on c-span3. >> the u.s. senate is about to is about the gavel and. senators hold today to finish up debate and votes on the 2013 defense spending and programs built a this is expected to take votes immediately after cabin entity. a vote is possible for later today. now to live coverage of the u.s. senate here on c-span2. the presiding officer: the senate will come to order. the chaplain, dr. barry black, will lead the senate in prayer. the chaplain: let us pray. o god, you are the source of life and peace. holy is your name forever. we know it is you who turn our hearts toward thoughts of unity. use your power to transform our lives. lord, as our sena