. >>> and could this be kodak's moment.he ailing photography firm is being given the chance to snap it's a back into the black. ♪ what happens when social media uncovers unheard, fascinating news stories? >>they share it on the stream. >>social media isn't an afterthought. it drives discussion across america. >>al jazeera america social media community, on tv and online. >>this is your outlet for those conversations. >>post, upload, and interact. >>every night, share undiscovered stories. ♪ >>> welcome back. a reminder of the top stories on al jazeera. activists in syria say government forces have fired rockets armed with chemical war heads into several suburbs of the capitol. the government is denying it used chemical weapons. >>> a judge will rule on corruption charges of hosni mubarak in the next several hours. >>> and japan's nuclear regulator has upgraded its evaluation of a water leak to a level 3 serious incident. that's the highest level of alert since the earthquake and tsunami of 2011. >>> the united nations says

when kodak finally turned digital it was too late.odak once an earnings power house struggled with the competition. kodak eventually laid off more than 130,000 employees world wide. demolished buildings in kodak can park at their home in rochester, new york. last year koda filed for chapter 11 bank protection. >> a judge in the southern district of new york has approved kodak's emergence for bankrupt protection given a company that missed the digital resolution. as part of the company's reorganization, can kodak sold more than 1,000 of its patents can far less company executives had hoped for and began positions itself with a commercial, imageing and printing company. experts stay swap is a stretch and profits may be slow to return. >> they are going to go in the commercial part of business which is highly competitive so it's not going to be that easy for them to compete in. >> kodak's fall has hurt a lot and rochester where it's based. a lot is rideing to shoot a new beginning. al jazeera, new york. >>> almost every day there's news

a federal judge has allowed kodak to go into bankruptcy protection. >> reporter: kodak is most famous pioneering consumer photography. manies of people around the world have recorded their own kodak moment? but a snapshot of the recent past shows a company trying to catchup with the digital world. in 1975 one of the engineers invented digital photography, but management failed to spot the significance. >> they didn't recognize that digital was going to come into the market and replace film, figuring that we don't want to hurt the film business, which is where they make their money. it was just devastating. >> reporter: but the time they realized asian competitors had already cornered the market. when they finally turned digital, it was too late. and kodak struggled in the face of stiff competition. to survive they laid off over that than 130,000 employees worldwide, and demolished buildings. last year, kodak filed for chapter 11 bankruptcy protection. as part of the company's reorganization, kodak sold more than 1,000 of it's patents. and began repositioning it's a as a commercial ima

kodak's plan for emerging from bankruptcy has been approved by a federal judge. the iconic photo company's plan means it will emerge as a new company with a different focus -- commercial and packaging printing.a kodak attorney told the court that the company is now very different from the one in introduced generations to home movies, snapshots--and also filed for bankruptcy protection last year. coming up.... help around the trader plays that could build up your portfolio...thats later. but first...is there an expiration date on your frequent flyer miles if american and us air merge? the answer, is coming up next. ♪ ♪ ♪ ♪ ♪ the merger of american airlines and us air is causing a scare among frequent fliers.joining us now is chris lopinto of expert flyer. good morning. is it true that american gets top marks for its frequent flier program? > >good morning. great to be here. yes, that's true. the american advantage program is not only one of the oldest but the most favorative among frequent fliers. > >what happens if this deal goes through? this merger happens? is

. >>> coming up, kodak gets a second chance, but jcpenney is what happens when social media uncoversscinating news stories? >>they share it on the stream. >>social media isn't an afterthought. it drives discussion across america. >>al jazeera america social media community, on tv and online. >>this is your outlet for those conversations. >>post, upload, and interact. >>every night, share undiscovered stories. [[voiceover]] every day, events sweep across our country. and with them, a storm of views. how can you fully understand the impact unless you've heard angles you hadn't considered? antonio mora brings you smart conversation that challenges the status quo with unexpected opinions and a fresh outlook. including yours. mission. i'm from houston, texas, and i'm an associate producer for america tonight. i grew up in a very large, loud indian family. they very much taught me how to have a voice, and from a very young age i loved writing, and i love being able to tell other people stories. the way to do good journalism is to really do your research, to know your story, to get the fact

i did research that the man who created kodak. he liked the k so much he put it at the beginning and end of the word. and i said i want my invention to have the k sound. and almost instantly spanx came to me while i was silting in traffic. and that night i went home for $150 with my credit card, trademarked it on the government website and right before i hit send i changed the k-s, to an x. because i felt it would be easier to trademark and more memorable. >> so you're doing, you're, the web and -- you didn't have, you never went to business school, nothing. >> no. i've never taken a business class in my life. and i never worked in fashion or retail. so i was -- a consumer that loved my clothes and want dodd look better in them and also just you know, someone who had been selling fax machines door to door. so hearing the word no through the process of invent and trying to claim something, i had the process to keep going. >> and your lack of knowledge about the fashion business helped you. you managed to get it into neiman marcus a

then i did research the man who did kodak put it at the beginning and end. so i want my invention to have k in it so spanx came to me sitting in traffic in atlanta. that night i went home and for $150 with my credit card trademarked it on the government website. and right before i hit send i changed the ks to an x because i felt it would be easier to trademark and more memorable. >> so you're doing this all on your own. you're going on the web and you didn't have -- you never went to business school, nothing. >> no. i've never taken a business class in my life. i never worked in fashion or retail. so i was a consumer that loved my clothes and wanted to look better in them and also just, you know, someone who had been selling fax machines door to door. so hearing the word "no" through the process of trying to invent and create something, i had the training to just keep going. >> you also said once that you thought that your lack of knowledge about the fashion business helped you. you managed to get it in neiman marcus and everyone thought this was incredibly

. >>> kodak is planning to reinvent itself.o see those iconic rolls of film on shelves. it will now focus solely on printing. >>> coming up on a brand new "your money" at 2:00 p.m. eastern, rainieining in the cos college. president obama wants you to get a better return on college. we'll break down his plan and what it means for parents and students. that's today on a brand new "your money," 2:00 p.m. >>> coming up at the top of the hour, selacious new revelations about jodi arias. jane velez-mitchell talks about new clues on the killer as well as details on a boyfriend arias stalked before travis alexander. cnn newsroom starts right now. >>> it was the speech that defined a movement and inspired a nation. now 50 years after the march on washington, new civil rights leaders descend on the lincoln memorial where martin luther king, jr. once told us he had a dream. >> come on, let's go! >>> the fast-moving wildfire that has consumed 165 square miles has entered yosemite national park. and having doubled in size in just one day, i

less than -- we happened to cross a kodak moment if you will happening on the bay bridge. we have the workers gathered for a group photo inside the entrance of the tunnel. tonight cal trans says the work remains on schedule. thank you for making us your choice for news. we will see you the next time news breaks. we have team coverage of the bridge closure at the 10:00 news. plus the -- from police. we are always here for you at ktvu tmz is next here on tv 36. >> today on "tmz" -- >> i have never seen anything like this. but justin bieber comes out of a restaurant in brentwood last night and he says -- >> anything else you want to add to the question? >> it was an epic failure. >> there was a specific issue he wanted to talk about and everybody missed it. >> what is it? >> i don't know what it is. [laughter] >> she's coming back and already signed a big contract. >> are you going to do it? >> yeah, sure. >> wanted to make she was good enough. >> i don't know there's anything to be good at. >> she's not just standing behind and playing it like this. she's geg

. >>> kodak is planning to reinvent itself.o see those iconic rolls of film on shelves. it will now focus solely on printing. >>> coming up on a brand new "your money" at 2:00 p.m. eastern, rainieining in the cos college. president obama wants you to get a better return on college. we'll break down his plan and what it means for parents and students. that's today on a brand new "your money," 2:00 p.m. >>> coming up at

and kodak, i did a few stories on them when they were filing for bankruptcy. we haven't heard much about them. is there news to report on that company? >> such an iconic company for consumers. it will emerge from chapter 11 bankruptcy now after a last minute restructuring deal. but it will no longer sell anything to consumers. instead it will focus on being a commercial printing company targeting corporate clients. so it will live, but just not in the form that many people know it as. >> karen, thank you very much. >>> hollywood is mourning the loss of an author best known for the movie get shorty. but he actually wrote so many books. the 87-year-old died due complications from a stroke. he most recently served as executive producer of the drama justified. he may be gone, but the genre he popularized, he started with westerns but really crime stuff is what he's most known for. that lives on forever. so we want to know your favorite crime movie scene of all time. kind of a broad brush. we did some of it with james gandolfini, but we open it up to the entire gen

. >>> kodak is coming back, but don't expect to see those iconic rolls of film in stores.ely on printing. >>> he's changed the world once and now mark zuckerberg wants to do it again. he has an ambitious plan to bring internet access to anyone anywhere in the world. but he's not the only techie with an idea. look at the wacky projects with

. >>> kodak is coming back, but don't expect to see those iconic rolls of film in stores.ely on printing. >>> he's changed the world once and now mark zuckerberg wants to do it again. he has an ambitious plan to bring internet access to anyone anywhere in the world. but he's not the only techie with an idea. look at the wacky projects with the biggest names in tech. >> this week on "the next list," a robot that has them rolling in the aisles. his name is data and he's a natural on the stage. so natural, in fact, it's hard to believe he's not one of us. >> i have this crazy idea that maybe we could come to a world where we replace not people by robots but computers by robots. like how about making technology more human? >> heather knight explores the world of social robotics. but first, meet andrew tay. >> maybe it begins as a hobby and then it might work into a small business and then it's just an obsession and there's no turning back. it's like crack. i don't know what's so obsessive, i just enjoy doing it, almost every aspect. even the stings

she also did advertisements for ivory and procter & gamble and kodak and things like that. now, this painting that you've brought today shows a little girl, and in terms of her work, the most desirable paintings are actually paintings of little girls, rather than little boys, so we have the right subject matter here, certainly. it's actually in pretty much its original condition. it's an oil on board. it has yellowed, as you can see here. that's the varnish discoloring, so that can be cleaned. the biggest issue seems to be the sort of tear or the breakage here, and one would have to get a conservator to see how that would repair. if it were a canvas, it would be much easier to repair than a board, but it certainly can be tended to. now, how much did you pay for it? the sellers had separated the frame from the painting, and they charged $90 for the painting and $10 for the frame. (laughs) so i paid them a total of $100. wow. that is the original frame, which is great. this artist and illustration work like this is very, very popular in today's market, and the prices do span

talk about a kodak moment. news chopper 2 was flying over the bay bridge this morning and saw dozens of cal workers posing for a photo at the line of the yerba buena. >>> for many drivers the bay bridge take them back and forth from one side to the other. cara liu is live now in berkeley to tell us where the biggest bottlenecks were today. >> reporter: traffic is moving smoothly right now on i80 but that certainly was not the case earlier. it was quite a headache for dozens of commuters. getting from san francisco to the east bay was no easy task. the back up on 101 in marin county started by mid- afternoon. here's what it looked like around 5:00, traffic was backed up all the way up to larksburg. >> it's terrible. really, really terrible. it's just bumper to bumper. >> reporter: lisa tell us she left salsalito and it took her an hour to get to the other side. >> so i'm turning around and staying in solsalito and staying with a friend. >> reporter: so you're giving up? >> yeah. >> reporter: many used the san ra

talk about a kodak moment.ews chopper 2 was flying over the bay bridge this morning and saw dozens of cal workers posing for a photo at the line of the yerba buena. >>> for many drivers the bay bridge take them back and forth from side to the other. cara liu is live now in berkeley to tell us where the biggest bottlenecks were today. >> reporter: traffic is moving smoothly right now on i80 but that certainly was not the case earlier. it was quite a headache for dozens of commuters. getting from san francisco to the east bay was no easy task. the back up on 101 in marin county started by mid- afternoon. here's what it looked like around 5:00, traffic was backed up all the way up to larksburg. >> it's terrible. really, really terrible. it's just bumper to bumper. >> reporter: lisa tell us she left salsalito and it took her an hour to get to the other side. >> so i'm turning around and staying in solsalito and staying with a friend. >> reporter: so you're giving up? >> yeah. >> reporter: many used the san rafael b

and how about this kodak moment? a new kind of coffee break.ples visiting a cafe had their photo taken when they ordered a latte. and then it came out in the foam. pretty cool. wonder if they'll ever see this snapshot on a latte? number two, speaking of chris christie, rand paul says he's the king of bacon. so maybe he wants to see omaha's bacon fest. there were bacon danishs, bacon pies, bacon cupcakes, bacon scented candles. they even had regular old bacon. the kids loved it. uh-oh. i hope everything went okay for this guy. and at number one, newt gingrich, this one is for you. restaurant karen naiberg showed us all how to shampoo in space. she's keeping clean 250 miles above the earth. first, she squirts a bag of warm water on her head. then she shampoos and using the comb. great work, karen. and finally explains this picture. now we all know where donald gets all his ideas. outer space. and that's today's summer break. my mantra? trust your instincts to make the call. to treat my low testosterone, my doctor and i went with axiron, the only

eastman kodak shareholders won't have a vote in determining whether a bankruptcy exit plan should byjudge has turned back a bid to set up a shareholder committee to present their interests. predators are already backing the exit plan and kodak hopes to leave bankruptcy by the end of next month. we did have a summer sell-off for the market t. dow was down 225 points and is now down 3.5% from it's all time high. the number it hit back on august 2nd. joining us to talk markets is jason trenner and mark okata, chief investment officer at highland capital. gentleman, well to him to both of you. >> good morning. >> what we saw yesterday, is this a precursor of things to come or jitters as we get through the summer? what do you think, mark? >> august and september are tough months. for the last 20 years, you have been down on them, some a little worse tan august. when you don't have a lot of participant, you will see vol, maybe the next couple months or quarter. we are kind of in this inflexion point. i know jason is a little bullish on this situation. we are a little more cautious as we se

kodak is finally ready to reinvent itself.d the company's plan to exit bankruptcy but don't expect to see the iconic rolls of film on shelf. it will focus solely on printing. >>> all right. he's changed the world once. mark zuckerberg wants to do it again. he has an ambitious plan to bring internet access to anyone anywhere in the world and he's not the only tech titan with a very new idea. see the other wacky projects from the biggest names in tech. "cnn newsroom" starts right now. >>> hello, everyone. i'm fredericka whitfield. here are the top stories we're following for you. california, a wildfire shows no signs of slowing down. we take you inside the fire zone where evacuees are sharing their stories. >>> and syria gives the green light to u.n. weapons inspectors but a senior u.s. official says, it may be too late to find any evidence of an alleged chemical weapons attack. >>> plus, family and friends are desperate for any word about this pennsylvania school teach who'ee

kodak is finally ready to reinvent itself.d the company's plan to exit bankruptcy but don't expect to see the iconic rolls of film on shelf. it will

they are the largest video game publisher, and you may remember some headlines recently when bobby kodakeam has been buying back some shares. back to you. liz: thank you, nicole. david: we said we're going to have scott back at the cme, we've got a substitute. we are going back to the cme, and they reported a 27% rise in quarterly profit in the second quarter driven by renewed market speculation over when the fed is going to tighten monetary policy. liz: okay. in fact, just a few days after ben bernanke hinted at possible tightening, the trading on the cme's exchanges hit an all-time record. with us now is that substitute for scott, trly duffy -- terry duffy, chairman and executive president. terry used to be a trader, so it's good to have you here. certainly the activity, the action of trading this past quarter was pretty amazing. and you're creating the fed -- crediting the fed for at least those moves, but will the trend hold up in the current quarter, terry? >> well, thanks, liz and david. yeah, we'll give the fed a littte credit for having, obviously, maybe a potential change of hea

what if you worked for enron, kodak or any other company that goes under, you lose your job, retirement savings. wow. that's really bad. it's a lose/lose. but people have made this argument before. why? you probably feel you understand the company you work for. the excuse is that you're investing in what you know. i'm telling you, that excuse doesn't cut it. here's the bottom line, diversification comes before everything when you're investing. whether it be the discretionary portfolio if you're making mad money or investing for retirement. never put retirement money in the stock of the company you work for. stick with cramer if you want to learn more about how to manage your money so you can build lasting wealth for you and your family, especially during retirement. stay with cramer. >>> i'd like to know, are you long america? >> we ford in the united states are competing with the best companies in the world. >> look at the global competitiveness of american companies by any measure. >> my life story can be your life story. you can start with nothing in america and create the american d

a federal judge approved kodak's problem to emerge from bankruptcy protection. the tesla s got the highest safe tiff rating from the government and darrell isa from california is worth $355 million. be sure to tune into "nightly business report" right here on your public television station. >> rose: welcome to our summer sere wrez we bring you some of our favorite programs from the past year year. tonight lee daniels' "the butler." joining me to talk about the film with screenwriter danny strong and two of its stars -- forest whitaker and oprah winfrey. >> it was a challenge. it was one of the most challenging roles i've ever played. i think because of the sort of being able to communicate without words, you know? the process of going through all these years and the age prog says, trying to carry these experiences that were painted in the script by danny and lee, the side of myself so that you could feel them and know them and they'd be a part of me and understanding the history so i could take that tapestry and pull it together. >> because it's also for me a lo

are trying to crush or-- >> a long time ago i was sitting on the set interviewing a guy with eastman kodak you, a communist? >> a lot of people think you're betting against america. stuart: they do think that. the next guest says the a-rod brand is dead and no way it's going to recover. the branding expert joins us right now. so, it's dead, is it? not him personally, but his brand. he's utterly finished and i think that's the conclusion of most people, right? >> yeah, absolutely. it's not even something new, if you look at his sponsorship portfolio and endorsement. since 2009 when the first news came out.. it's only 2 million bucks, which is a lot of money perhaps to you and i. not a lot of money to a guy who makes $350 million. not a robust portfolio. >> hold on a second, the real killer for this guy is the mail may not make more money on his actual playing of baseball, but lost a fortune in endorsements, right? and you say, 2 million dollars. he makes only $2 million a year in endorsements, that's it? >> that's right, and he's got a lot of companies that were endorsing him, pepsi, nike,

yes, it's about 60 degrees out there right now, but it will be about 78 later today. 74 at eastman kodake you go! i got you!

i wonder, given this is a relatively new concept, will this be the big kodak moment for some of theseobacco producers or are they doing a good job to adapt to the changes in the industry? >> that's the multibillion dollar question. we think they will adapt. and we think they have some competitive advantages that really are sustainable. critically among those are the knowledge they have of the consumer, and also the distribution systems they have. also now in some cases belatedly really putting a lot of effort into developing the product. that's one of the things that came out of the imperial release today, they're planning some new products to come out in 2014. that will be about when bat launches some new products that have been launched by the mhra which we think will be critical because then they'll be able to tell people, this is a product that is lower risken this eer r traditional cigarette. >> how does it work? we see this nice board up on screen, but how exactly in ten seconds, how does it work? >> effectively you get some vapor, you atomize it and that creates the liquid -- y

. >> patents like kodak patents turn out tot be worth something. >> motorola, google paid a large chunkge for what was largely intellectual property. they kind of introduced quietly the new phone. >> i'm being facetious about microsoft failing in the market. microsoft does have nokio. people used to love the keyboard. >> people still love the keyboard. >> i know. >> have you tried to type on an iphone? it's like a haiku because it can't do anything less than -- >> i know. every time i type out life, it comes out lithe. >> and the auto correct. >> it's awful. >> for those up in years, if you don't mind me saying, blackberry is good. >> i still like that. >> maybe someone will want that patent. >> people who use them now are investment bankers. they're still clinging to those blackberries. >> when you see an old tv program or netflix, people say, silence your blackberries. kind of like stop it with the scm, stop it with the scm corona, no more electric type writer? remember that big stepup from the manual? >> i do indeed. then the back space with the whiteout. >> who invented whiteout? th

. >> the old kodak town, anyway, let's tie to understand. some data at 8:30, i'm going to you, sentence are you sitting right here. you just put out a note, talking about, what you call a leadership rotation going on in stocks, moving away from u.s. markets in terms of how people have moved into european stocks. is this a trend or is this just a weak? >> well, it's been a quarter so far, if you look at this quarter to date the s&p is up a little over 5% t. euro stock 50 is up 9%. europe is doing a lot better than the u.s. for a couple months now, not just a week. how much further can it go? is it discounted? i think we need to see it continue to be less bad numbers. it's all relative in europe. i would love to see, maybe it's not until after the german election. if we saw, i don't know if the election will be the catalyst. september 22nd, if after that we saw merck will being off on fiscal us a territory a touch, maybe the ecb feels a little more ability to ease, certainly they could, given their inflation mandate. if we got those sort of ca

like, eastman kodak will not go away. >> ask me in five years. i'll tell you what the right answer was. >> hewlett-packard, nobody will survive, except for apple? >> people have been changing their opinion. >> same with dell. it might end up, novell or apple? a lot of corpses that litter technology and then ibm, the main frame is dead too. look at ibm. he's good. he's smart. it is his company. he's barely 50. >> he does not want to lose this thing. >> right. i'm just saying it might not -- >> either way. >> you could see five years from now dell might be a flourishing company. you don't think so. you keep using the b word. >> i think it could be if michael dell is in charge. >> if michael dell is in charge, i don't think it will go bankrupt. i'm saying if carl icahn runs it, his whole plan is to lever the company up so high that there could be anxiety. >> could you care less about this? you're fabulous fab. >> it is an interesting discussion. i mean -- >> bored three minutes ago. >> that's not true. >> i think i'll paint the ceiling pink. >> let'

when it comes to timely solutions, you're better off studying how markets treat companies like kodakoking for timely solutions in the government, you know, even not just our government, any government, sorry, you're looking in the wrong place. but this is really important because it's the government's presence and footprint getting bigger and bigger, and i'm including the fed, you get less in terms of timely solutions. think eric holder announcing they are going to go after all the wrongdoers because of the credit crisis as the clock ticks on the statute of limitations. but keep this all in mind because the president has after martha's vineyard been on the road talking about important issues. one of the things he said is narrowing the rich s/poor gap i his highest priority. probably more in tune with trying to push larry summer's position as fed chairman, no artificial bubbles. i want to know the difference between a real bubble and artificial bubbles. here is the deal, why all roads lead to the fed. the stock market is making new all-time records. i still contend that it makes many

kodak plans to merge from bankruptcy protection on september 3rd. >>> those are your headlines. or facebook. we'll be right back. earned. try the freedom of the press. next. . bio pick worthy? >> there's more to america, more stories, more voices, more points of view. now there's are news channel with more of what americans want to know. >> i'm ali velshi and this is "real money." this is "america tonight." sglovrjs our -- >> our news coverage reveal more of america's stories. with an autographed jersey, and obama shared a few praise. >> coach shula retired with more wins than any coach in history. each time that record has been challenged, team after team has fallin short. >> michael eaves joins us to talk more about that. the president was having a lot r web-site. please go there al jazeera.com. >> we want to welcome you to al jazeera. here's a look at our headlines. the investigation reveals how cheap clothes for americans are putting children's lives in danger. burn up. more than 50 wildfires in the states and federal firefighters are running out of resources. and president

. >>> coming up, kodak gets a second chance, but jcpenney is what happens when social media uncoversscinating news stories? it drives discussion across america. share your story on tv and online. . . . test. >>> >> there are about 306,000 of the politicals. politicals. > translator: in the beginning it was two computers. but the network group ♪ >> announcer: this is al jazeera. ♪ >> hello, and welcome to the news hour, i'm steven cole, and doha. and these are the latest stories. claims that syria has used chemical weapons and killed hundreds in damascus. bradley manage, the man convicted of the biggest breech of classified information in u.s. history, waits to hear his sentence. and introducing the i-cow,