kyung lah, thanks for wrapping that up for us, what seems to be the tip of the iceberg when you look at sony's figures. nina? >>> coming up on "world business today," chemicals and pharmaceuticals giant bayer releases latest financial figures and we'll be talking to the ceo, right here on this very show. stay tuned. >>> hello again. a warm welcome back. you're watching "world business today," we're live. >>> plenty more earnings figures for you. let's focus on bayer. its income rose to almost $1.1 billion in total. its revenues managed to rise by 0.8% to a total of $13.3 billion. that's on an adjusted basis and it still did miss analyst estimates, though. at justed sales figure saw a rise of 5.4%. now, the drugs and plant product company confirmed that it expects profits for the year to exceed $10.8 billion. let's take a look at some of these numbers. i was just showing you before in a little bit more depth. to do so, we are joined by marijn dekkers, he joins us live from berlin. does to see you and thanks for coming on the show, marijn dekkers. we start out by looking into your figu

kyung lah, cnn, tokyo. >>> now, if you want to comment on any of these stories on the show, getny toucheam on the facebook page go. to facebook.com/cnnwbt and let us know your thoughts. >> up next we'll get to the bottom of its origins and see who's to blame for america's blowout budget. that's negts. with your mortgage, worried about foreclosure. we can help you keep your house. all we ask for in return is that you submit to our plans for galactic domination. [laughing] [laughing hesitantly] [laughing evilly] sign. announcer: if you're facing foreclosure, talk to the right people. speak with hud-approved housing counselors free of charge at... ♪ sing polly wolly doodle all the day ♪ ♪ hah > >>>from cnn london, i'm nina dos santos. >> and i'm manisha tank from cnn hong kong. a warm welcome back to "world business today." >> these are our top stories this hour. the clock is still ticking as the u.s. congress has yet to vote on raising the country's debt ceiling. republican house speaker couldn't muster enough votes from his own party to pass his plan. democrats on the o'hand who control

let's go to kyung lah, live in tokyo. good morning, kyung. >> reporter: good morning, ali. it's not just sony but it is a bad day in a lot of boardrooms and many of the electronics companies here in japan. we saw a lot of reporting of the quarter from april to june. sony posted a loss of 191 million u.s. dollars. panasonic, down 390 million. sharp down 630 million and nintendo says they lost in that quarter 327 million u.s. dollars. why? well, partially because of the march 11th earthquake. they are still trying to recover from the poor sales and the supply problems. the other theme we keep seeing over and over again from these electronics companies is the currency problem. the u.s. dollar is sinking. sinking very rapidly in these last six weeks. u.s. manufacturers, just like japanese manufacturers all operate on the u.s. dollar. and so when japanese manufacturers then have to repatriate these funds here, they lose if the dollar is sinking and the yen is rising. what is pushing the dollar down is all of that u.s. debt ceiling talk, the uncertainty, the world markets are in

that is something you never see. >> kyung lah, michael friedlander, thanks so much. >> let us know what you think as well. we're on facebook. you can follow me on twitter @ sanjay gupta cnn. >>> just ahead, the casey anthony trial and what the alleged mistress says she heard. what krystal holloway says casey's dad told her. could this establish reasonable doubt? >>> also exclusive video only here on 360, what casey anthony said when she was a little girl. next up, though, drew griffin keeping them honest, tracking down doctors who prescribe powerful mind-altering drugs on the internet to patients they've never even met. first, though, let's check in with isha sesay >>> sanjay, it looks like a movie chase scene but it's not. real drug smugglers making a real run for the real border. only in this case the border happens to be a river. we'll show you what happens next. that and much more when 360 continues. a network of possibilities. in here, the planned combination of at&t and t-mobile would deliver our next generation mobile broadband experience to 55 million more americans, many in sma

. >> kyung lah, michael freedlander. thanks so much. >> we're on facebook. you can follow me on twitter @ sanjay gupta cnn. just ahead the casey anthony trial and what the alleged mistress says she heard. what krystal holloway says casey''s dad told her >>> also exclusive video only here on 360, what casey anthony said when she was a little girl. next up, though, drew griffin keeping them honest. tracking down doctors who prescribe powerful mind-altering drugs on the internet to patients they've never even met. first let's check in with isha. >> reporter: it looks like a movie chase scene but it's not. real drug smugglers making a real run for the real border. only in this case the border happens to be a river. we'll show you what happens next. that and much more when 360 continues. yeah but now i have nothing to eat sure you do. hey! you can have the pop tart! pillsbury toaster strudel. the one kids want to eat for me. how easy it's become to order dangerous drugs over the internet without a prescription. drew griffin has been doing some ground-breaking rep

kyung lah, michael freedlander. we're following several other stories tonight.y joins us >>> reports of new deadly violence syria. watch this. >> activists say security forces opened fire on a funeral prose session in the city of -- killing at least seven people. this video you're watching is from youtube. cnn cannot independently confirm the reports >>> 12 days after a fan died after falling over a railing trying to catch a baseball, the texas rangers are making changes at the stadium. they'll be raising the height of the rails and posting new signs to remind fans not to lean, sit or stand near them. >>> for same-sex couples wanting to get married this sunday in new york city, they'll have to hit the lottery. such a high demand on the first day of the state's same-sex marriage law takes effect, city officials are capping the number of nuptials at 764. the winners will be announced friday. >>> and sanjay, a michigan bride didn't get the wedding day she was hoping for. she was arrested this weekend on a felony warrant accusing her of identity theft. she posted bo

kyung lah, cnn, tokyo. >> and let's take with asia a little more longer to take a look at the weather conditions there. jennifer delgado joins us as the cnn weather center. hi, jen. >> the weather in asia hasn't been so nice in some locations. let's go over video to show you what's happening. another day of mud slides and landslides. this video you're looking at. reportedly 18 people died. this is out of the northern province. you can see the ground collapses after days of torrential rainfall. this is a pattern we've been seeing over the last several weeks. the same time we also saw heavy rain down towards the south. as i take you to the satellite imagery, you can see the bulk of the rainfall through central parts of china as well as areas like shanghai and as well as areas including japan. this is where we'll see the heaviest precipitation over the next two days. but it looks like the north is going to get a break from the heaviest rainfall and also down towards the south. in addition to the heavy rain, we're also talking about warm temperatures. temperature right now is 33 degrees i

kyung lah, c in in, tokyo. >> they announced changes to next world cup in 2015.rnament, a total of 16 teams but next year's to tournament will show us about 24 teams on the block and there will be more prize money to share out. this year it was no less than $7.6 million. next year in 2015 it will be no less than $10 million. so manisha, plenty more to shell out. then, again, 24 versus 16. >> i don't know about you. maybe i've got time to give up this career and try kicking the ball instead. i don't know. still ahead on "world business today," we'll take you to the pacific island nation that takes a stachbltd it's also shark fitting a major tourist draw at the same time. that's coming up. >>> live from cnn hong kong and london, this is "world business today." welcome back. >> now, in china hong kong and taiwan, a very popular dish is also among the most controversial foods around. what we're talking about is shark fin soup. one estimate says nearly 70 million sharks are fished each year, most of them for their fins. but one place that's trying to stop shark fish f

kyung lah, cnn, tokyo. >>> as we told you before, hedge funds are some of the biggest stakeholders.by bill soros is closing its doors to foreign investors. it will instead what's called a family office. in a letter to investors, his own sons wrote this, new regulations will require certain private investment advisors to register with the securities and exchange commission by march 2012. an exception to this requirement is available if an organization operates instead as a family office. the change has been in the offing for more than a decade according to that very letter. it was exactly a year ago that president barack obama did exactly this, he signed the dodd-frank act into law. according to that act hedge funds must register with family regulators. family run ones are treated a little more leniently. >>> you're watching "world business today." coming up, we'll meet two bosses, one of them pressing the flesh in new york. the other is working it in macau. stay with us. >>> welcome back. it's worlds. we'll check on your business travelers forecast now and talk to someone who i can