. >> well, it looks like there is something to smile over at kodak. the bankrupt seep approved the plan to structure it into a business. kodak's credit doors will vote on that proposal in the next few weeks, ty? >> there is likely nothing but smiles coming from the ceo of the drug distributer because regulatory filings that showed he secured a staggering $159 million pension, which by the way, is far and away the largest pension package on record, more than double the $74 million package. since he began running the company in 1999 the results are good. the stock prices more than tripled out performing the market. >>> with that money let's hope he's a good tipper which would be good news for starbucks employees in new york state. a court there ruled today starbucks have to share any tips they get with their shift supervisors. the new york state court of appeals ruled supervisors do much of the same duties as those coffee servers and both jobs are part time and the borworkers deserve the money and the full-time managers of those starbucks will get nothi

anddthen kodak had to take it off the market. i think that was the gist of it.reat technology in instant photography was lost. i'm wondering if we shoot the wrong messenger here. if we stifle technological growth and innovation. the map the way it has been working recently. we have these companies that have bought up large amounts of patents for pennies on the dollar. basically using these weapons to destroy money, making money off their own inventions. it went sideways really badly. it needs to be fixed. >> well, we shall see. robert, it is always a pleasure. >> thank you. >> did you hear about how ikea sold those meatballs? a swedish meatballs served up at ikea stores? they had more horsemen pepper? apparently it is true. neil: are right, they are not saying that there was meatballs. but for the ikea founder, that is it. maybe he just got tired of all the horse -- whatever. but they are changing a little bit about this. would you still go to ikea? would you still buy from them? >> some of that was from a one-time gain. but the unemployment rate in europe, they

anddthen kodak had to take it off the market. i think that was the gist of t.reat tehnology in instant photography was lost. i'm wondering if we shoot the wrong messenger here. if we stifle technological growth and innovation. the map the way it has been working recently. we have these comnies that have bought up large amounts of patents for pennies on the dollar. basically using these weapons to destroy money, making moneoff their own iventions. it went sideways really badly. it needs to be fixed. >> well, we shall see. robert, it is always a pleasure. >> thank you. >> did you har about how ikea sold those meatballs? a swedish meatballs served up at ikea stores? they had more horsemen pepper? apparently it is true. alec, for this mission i pgraded yourmart phone. ♪ right. but the most important feature of all is... the capital one purchase eraser. i can redeem the double miles i earned with my venture card to erase recent travel purchases. d with a few clicks, this mission never happened. , what's this button do? [ electricity zaps ] ♪ you requested backup? ye

. >>> new york bankruptcy court approved eastman kodak's billion dollar settlement.art of the photography pioneer chapter 11 reorganization plan of the as part of the settlement kodak will spin off personalized imaging and document imaging businesses to kpp. that is the latest from the fox business network, giving you the power to prosper. david: kind of got lost in the news about the markets but facebook revealing its new video service today, similar to twitter's vine that allows users to create short video clips and share them with friend but will they be able to compete with twitter? cheryl: will facebook be able to monotize the new product and will the stock benefit? we have tom forte and senior research analyst. and ron jose, jnp securities manager and senior internet analyst. ron, i want to ask you this quickly. we have breaking news at top of the show. i know you don't cover. oracle switching from nasdaq to the new york stock exchange. you normally don't see a technology company, we're not taking facebook but a technology just left the nasdaq and went over to

kodak has a new focus. the camera company has reached a financing deal with some major wall street firms. it now plans to transform its business into a commercial imaging business. the $695 million loan package will help it pay off some of its debt associated with bankruptcy. it's expected to officially exit bankruptcy later this year. hollywood's loss of "sopranos" actor james gandolfini has prompted a sales spike. the actor died suddenly last week of a heart attack in italy. dvd and instant video purchases of hbo's hit series are reportedly surging on amazon and itunes, though out of respect, neither outlet is releasing any numbers. a shakeup is happening at warner brothers. deadline.com reports the film studio's president, jeff robinov, is the latest to be fired. he has hired an attorney to negotiate his departure. the incident follows the record-breaking june opening of the latest superman film. sources say robinov did not attend the studio's celebration of the box office smash. still to come, fitness b

in kodak said says it is emerging from bankruptcy protection links to nearly $900 million in financingpmorgan, and barclays, the majority of the money has gone there. and bernie made off in the big banks. the trustees have alleged banks earned hundreds of millions of dollars and obvious warning signs. coming up later, a scary report today and how many operations are being done each and every year that shouldn't be. and mortgage rates this week. what it means for you and your home coming up next. hell! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. at od, whatever business you'rin with premium service like one of the best on-time delivery records and a low claims ratio, we do whater it takes to make your business our business. od. helping the world keep promises. t with advair, i'm breathing better. so now i can help make this a great block party. ♪ [ male announce ] advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a

. >>> >> a big announcement just came into the newsroom and it is about the future of kodak. . >>> they are emerging from bankruptcy protection and the funds will come from loans including bank of america and they filed for bankruptcy after they went downhill. >>> there is george zimmerman and these are live pictures inside the courtroom and they are questioning 40 potential your report and -- jurors. they asked them about how people are judged by their race or how they dress and as we look at zimmer man here, he is accused of shooting and killing trayvon martin last february. they are beginning their opening statements and we will keep you posted on what is happening throughout the morning. >>> we are talking about the evidence against three men charged in a triple shooting three months ago. they drove up to the victims tried to rob them and gunned them down in the bart station in the mission district. he is a identified -- he is eye -- they have been identified and investigators say a police officer was injured when the suspects tried to get away from police and backed into a police c

eastman kodak has secured financing with several major banks to fund operations when it emerges fromtcy. kodak has reached deals with jpmorgan, bank of america, merrill lynch, and barclays for debt financing up to $895 million. >>> facebook announcing it is adding video capabilities to photo sharing app instagram. users post videos up to 15 seconds long. some suggest that is a direct move to with arrive val. >>> activist investor carl icahn is the latest to join twitter. his first tweet was, twitter is great. i like it almost as much as i like dell. he is currently battling fellow billionaire michael dell for the pc-maker. that is the latest from the fox business network, giving you the power to prosper. tracy: the markets are focusing on ben bernanke's signals regarding future fed policy. the real story is that ben bernanke, really whoever replaces him as the chair of the federal reserve may not be able to afford any major policy change. fox business senior correspondent charlie gasparino is here with all that. >> i want to make it clear to the world they will not pick me. tracy: i

i wish they had been in the kodak theatre. but the threats the death threats started. and one thing i've learned about death threats is a degree actually. you actually should be grateful for death threats because those who are take the time to threaten you that way are getting it out of their system. that's really what they want to do. they just want to yell at you and threaten you. the people you need to be afraid of are the ones not issuing the threat. in my case, i -- after "fahrenheit 9/11" came out was assaulted on the street and twice on the stage in an auditorium, half a dozen times. and then the police caught the man who was making a fertilizer bomb to blow up my house. and to be honest, i have to say that after that, i thought boy if i had this to do over again, would i? really? would i make this film? would i have said what i said? >> john: what i see you doing after that, if you'll forgive me i see you channeling that into love. sicko to me is a movie about love. where you are -- you're fighting for the people who hate you. you're like one of the x-men. you'

but in fact we had to do our editing up front, because we knew we only had three rolls of our kodak film and we have to be careful what we take a picture of. now, of course, with infinite digital photography, you go out and take five pictures of literally everything that comes your way. they say it is easier now to store, but there are thousands of photographs being shared and no one has edited them. you have to take an extra step to edit retrospectively if you want anyone to look at them. so the idea of editing are discriminating are thinking ahead of the information not only going to procure, but then how are you going to archive that information? when you need to access it from where you archive it, you will run into the problems that i have, and that is that i am of two minds when it comes to whether i have my old notebook. so i write it in here because it is easy to get at. takes so long to push the little buttons there that are not always spelled right. as you are talking about where we are in 19 -- we have so much available to us that it is overwhelming for us in terms of accessin

our next guest kodak sponsored the house bill and says the bese government to get out of the businessng us now, republican congressman luke lesser of indiana. mecham and that is really the problem, isn't it? , the fact that these kids were able to get cheap money from the get go. my take as much as they can. here we are. >> that's right. i mean, the student loan interest rates right now are set by the mud wrestling match in washington. that is not good for anybody. we need to get to market rates, a permanent solution. we have an opportunity to do that. we just decided to come to the table. tracy: let's give everyone the background. the house passed the bill on may 23rd. right now rates are set to go on the unsubsidized loans from the 34 to 68. >> that is absolutely right. five days to get something done. what is most disappointing, one of the best examples going of the challenges that we now face in washington. both the house and the president agree we should use market rates. but the house and president agree we should have a long-term solution. right now we just can't get it solved

so right now, when kodak employed 140,000 people with good middle-class jobs, one of them -- at my talk awhile ago, 13 people worth $1 billion, i don't mind success. died of being successful, tons of french as successful and i applaud that. but we should create our access through growing the economy, not shrinking get. right now we're concentrating money, shrinking the economy which will come and beit as as it always does when you use a perfect computer to make a perfect scheme. in this world facebook and avalanche do glenville arrest would actually do better than they are doing because they would be part of a growing economy instead of one that is being frozen down into a perfect scheme. i am absolutely on the side of the winners of silicon valley. i applaud success. i want to see more of it. thanks for coming. [applause] >> you are watching booktv on c-span2, 48 hours of nonfiction authors and books every weekend. >> you are watching booktv on c-span2. here is our prime time lineup for tonight. starting at 7:00 p.m. eastern, a history of greenwich village. then the story of a secret r

. >>> and eastman kodak restructuring has been approved by a bankruptcy judge. the company is one step closer from exiting from harry potter 11 bankruptcy protection. >> let's check on the markets. looks like the dow jones industrial average would open higher by 70 points, s&p by eight and nasdaq by 17. the price of oil, which considering what we've seen in the dollar has remained pretty high. wti is 94.82. brent is at 101.12. ten year note, yielding 2.56. off the levels we saw yesterday and today but still above 2.5%. euro is at a three and a half week low. euro will cost you 1.30. price of gold. three year low. getting hammered. larry has been wondering whether this is a deflation engineer sign. 1227. >>> michele talking about the ten year, we got a guy who has been hit by the ten year. bill gross being hit hard. kpo pimco has lost 4% in june. 12th worst performer in similar bond funds. pulled $1.3 billion out of the funding may. a lot of people suffered this. all similar bond funds posting average loss of nearly 3%. down by an average of 4% since the end of a

kodak?crosoft was ready to change and what they find in the sofa. >> did you say sofa change? >> yes. >> did you have slipcovers when you grew up? >> no, but my grandmother did. >> mine, too. >> one did. >> and what was that about? >> it kept it clean. >> mine, too. and especially from guys like s us. >> because you didn't have money to take it in. starbucks up 1% and raising the prices for some drinks for the first time in two years. do you normally stop by? >> triple venti skim wet is a part, because the stage manager got me passion fruit lemonade and i sent an e-mail to him, and he said, one of the many new drinks about to come out by the inventive team, and we will have howard on "mad money" this week, and we may break form and knock back a couple of the passion fruits. >> wow, and then what will break out? >> i don't know, man. i have to tell you, but he is on a roll. howard is on a roll and the company is on a roll. and remember, they have a lot of fabulous executives, including just w

/red sox game, took this picture with lou gherrig, we talk about the context of lou gherrig with a kodakbulous story attached to it. typically when we have pieces that come in to auction that we're unsure of an autograph you can have it authenticated. we all do that as auction houses and it helps sell the piece, it's a little like certifying a diamond, it eliminates any issues. >> something like this, what do we think? >> $2,000 to $3,000. >> it cost about $300 to have it authenticated. >> worth doing to know it's worth that much. next uhm up a reginald marsh painting from jody in westchester. >> it was in her grandparents house 50 years. it's been top of her armoire gathering dust and she was told it has some value. she wants to know. >> this is a nice piece because it's a drawing, an original artwork, not one of many and he was known for bathers, so this is a good example of what he would have done as an artist, and -- >> lots of bathers. >> lots of bathers. about $1,500 to $3,000. >> fantastic, pretty good. >> next one is a micromosaic. we have jonan along with us. have you heard? thi