bank of new york mellon chief bank of new york mellon chief economist join the pursuit of a better tomorrowwe all share. but who can help you find your own path? who can build you a plan, not just pie chart? who can help keep your investments on course, whatever lies ahead? that someone is a morgan stanley financial advisor. and we're ready to work for you. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea anmake it happen. i'm janet long and i formed my toffee company through legalzoom. never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. ♪ u: joining us now, be in line mellon chief economist we have been transfer -- >> a long time. lou: three decades. your to see you. your thoughts on where this market is? >> i think the snb has risen about 150% since l of 666 march 9th 2009. the gets appropriate. i think it's appropriate because the u.s. e

bank of new york mellon chief economist joins us next. ♪ my mantra?incts to make the call. to treat my low testosterone, my doctor and i went with axiron, the only underarm low t treatment. axiron can resto t levels to normal in about 2 weeks in most men. axiron is not for use in women or anyone younger than 18 or men with prostate or breast cancer. women, especially those who are or who may become pregnant and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changesn body hair or increased acne in women may occur. report these symptoms to your doctor tell your doct about all medical conditions and medications. serious side effects could include increased risk of prostate cancer; worsening prostate symptom decreased sperm count; ankle, feet or body swelling; enlarged or painful breasts; problems breathing while sleeping; and blood clots in the legs. common side effects include skin redness or irtation where applied, increased d blood cell count, headache, diarrhea, vomiting, and increase in psa. ask y

they'll pick 7,000 boundaries water legal -- water mellons. >> a young bear cub had to be rescued from a tree in the sierra. >> and leigh glaser has the forecast up next. >> coming up in sports, it was almost like match play today at the british open as tiger woods and lee >> ama: the giants and their fans hope the team come up with a way to shu sea gulls away from the stadium. wildlife expects point out the ballpark is a bountiful buffet thanks to food dropped by fans, and the lights might attract the birds. it's illegal to shoot the birds and bringing a falconer in might be a bit gruesome. >> an abandoned bear cub has been rescued from a tree near charlie. charlie was hit by a car two weeks ago. his mother left him behind because he couldn't keep up. wildlife officials found charlie, malnourished, clinging to a tree. yesterday he underwent surgery, is now in a cast. charlie will be treated by a group called the bear league until he can be released. >> dozens of people packed the lawn at the griffin observatory to wave to space today because they were taking a snapshot of earth. it wa

the richard king mellon foundation. dedicated for over sixty years to south western pennsylvania's quality of life, and competitive future. and by these pittsburg foundations. working together to enhance and enrich the lives of children for more than seventy-five years. and by the arthur vining davis foundations. dedicated to strengthening america's future through education. adcasting, dedicated to strengthening america's future and contributions to your pbs station, from viewers like you. hborhood ♪ and contributions to your pbs station, ♪ a beautiful day for a neighbor ♪ ♪ would you be mine? ♪ could you be mine? ♪ won't you be my neighbor? - ♪ it's daniel tiger's neighborhood ♪ ♪ a land of make-believe ♪ won't you ride along with me? ♪ - ♪ ride along - ♪ it's daniel tiger's neighborhood ♪ ♪ so much to do, so much to see ♪ ♪ won't you ride along with me? ♪ - ♪ ride along - ♪ i've got lots of friends for you to meet ♪ ♪ in this land of make-believe ♪ a friendly face on every street ♪ ♪ just waiting to greet you ♪ it's a

they'll pick 7,000 boundaries water legal -- water mellons. >> a young bear cub had to be rescued from a tree in the sierra. >> and leigh glaser has the forecast up next. >> coming up in sports, it was almost like match play today at the british open as tiger woods and lee >> ama: the giants and their fans hope the team come up with a way to shu sea gulls away from the stadium. wildlife expects point out the ballpark is a bountiful buffet thanks to food dropped by fans, and the lights might attract the birds. it's illegal to shoot the birds and bringing a falconer in might be a bit gruesome. >> an abandoned bear cub has been rescued from a tree near charlie. charlie was hit by a car two weeks ago. his mother left him behind because he couldn't keep up. wildlife officials found charlie, malnourished, clinging to a tree. yesterday he underwent surgery, is now in a cast. charlie will be treated by a group called the bear league until he can be released. >> dozens of people packed the lawn at the griffin observatory to wave to space today because they were taking a snapshot of earth. it wa

. >> they were uniformly shaped like a mellon scooper thing of ground up meat with pellets in them and a bunch of pellets stuck in uniformly shaped balls of meat. >> the meatballs being tested. >> the opening ceremony for the america's cup will be held this afternoon at america's cup pavilion in san francisco on the waterfront. the startup of the quest for the oldest trophy in international sporting is in question. a jury will meet on monday to decide whether to uphold safety recommendations made by the regatta director. the recommendations would permit the use of larger, heavier wingless on the rudders to increase the stability after the accident that killed a sailor on the bay. new zealand and prada's team are protesting the changes. >> coming up open abc7 news, talk about a wrong turn. here the frantic 9-1-1 call after a sinkhole swallows a car. >> take a look at this, without any warning a giant sinkhole in toledo, ohio, swallow add car with the driver inside. you can see the car at the bottom the hole and on top of that a pipe broke when the hole opened yesterday and dumped hundre

you can throw berries in, water mellon, pineapple, makes it taste good and makes you feel like you're at a fancy restaurant, hotel or spa, whatever. i'll leave these materials for you. but those are just some of the efforts that we've engaged in. as i mentioned and i'm sure colleagues will talk more about what they're doing to increase water stations in schools. and we've had a lot of success working with organizations to institute healthy beverage policies. i do want to call out the rec and park department for really jumping on early with this and becoming soda free for their campers in the summer. and ask that staff not drink sodas in front of the children, asking children to not bring sodas to camp and not serving sodas. it is creating the environment and setting the tone. it is about offering water. it's a lot cheaper that way, too. so, just a few strategies to look at increasing water consumption. i've touched on most of thes

, wells fargo, goldman sachs, bank of america, morgan stanley, state street, and bank of new york mellon corp - in the event of another financial crisis. but the american bankers' association questions the cost of such protection, saying regulators are "under a mistaken belief that doubling capital requirements will have no impact on credit availability or the ability to hedge risk." "banks set aside money to strengthen leverage and liquidity ratios; on an overall basis, that reduces their ability to lend." "banks have enormous liquidity, plenty of capital. the problerm with lending is not so much banks as much as the borrower not wanting to take risk and borrow the money." the professor says the impact will be minimal because firms will have until the end of 2017 to adapt. "some may not be able to meet it now, but they will easily be able to do it over the next four years." "the markets will expect the banks to be in compliance much sooner than 2018. in fact, they'll expect it within the next year or two." for the next 60 days, the fdic will take comments before final approval. professo

for the most part, mellon park where there were demonstrations and people pushed to get george zimmerman quiet. there were no people there. in sanford in goaldsboro, peopl were talking. i heard loud discussions about george zimmerman's guilt and all the things that had gone on in the trial. people were definitely talking about it. one woman i interviewed burst into tears as i talked to her about the not guilty verdict. but there were no disruptions, no violence, no riots. but people were definitely emotional. >> peaceful protest is what we've been hearing. most of us watched this trial on tv. you were in the courtroom. give viewers a firsthand approach to what you saw in the courtroom. how does it different than watching it on television? >> what was different, you could feel the energy in the room. you could feel people react to this verdict. you could feel on george zimmerman's side, the relief. i saw her crying and hugging the parents of george zimmerman. you could see the relief in her, you could see it all in her face and everywhere. even in her body. i think for the attorneys of tr

up a fraction and shares of bank of new york mellon rose to $30.92. >>> tech stron and more reported lower revenues. profits fell by 34% in the quarter. textron said that there were strong orders for helicopters. shares were roughly flat closing the day at $27.74, up a penny. mattel fell by 24% in the quarter on sales declines and impairment charges. sales of fisher price brands drooped and the barbie brand continues to be in a slump, but the company did announce an increase in $500 million. shares dropped almost 7% on five times the normal volume and closed the day at $43.16. executive from smith may be feeling overwhelmed right now. choir neels chinese authorities barred him from leaving china. officials are investigating claims of bribery and corporation by employees of the pharmacy giant involving doctors, hospitals and government officials to boost drug sales and get regulatory approvals. >>> coming up later on the program, as competition among grocery stores heats up, you'll never guess what some are doing to get their hands on your food dollars but first how commodities, treas

in a new study by carnegie mellon university, 1900 customers were surveyed at a restaurant in new york city. some were given numbers on the extra calories in a meal. with those numbers in mind, they ate on average 60 more calories than the people who had the basic calorie information listed on the menu. a third of those customers ordered meals with at least 1,000 calories. what did you have? >> double cheeseburger. >> reporter: do you know how many calories are in there? >> nope. i'm just hungry. >> reporter: we were curious to know how many people read those calorie labels. >> a mocha frappe and a snack wrap. >> reporter: do you know how many calories are in there? >> honestly, no. >> reporter: of the ten people we talked to, most people saw the numbers but it didn't change their orders. this researcher believes in order to change eating habits, people need more information on how the food they eat affects their bodies. >> people who are interested in reducing their calories will be benefited by the calorie labeling. people who do not care, who only want to have their burgers and frie

the mellon mine and the milk which killed a lot of babies and you also had the fake. building products so houses were falling apart so the foundations of these houses were falling apart and of course who they are the foundations of this global fraudulent financial system but larry summers and he's in the news he's one of the people in the running for treasury secretary that not treasury secretary but the head of the federal reserve bank to replace ben bernanke he's one of the few names larry summers a billion dollar bad bet at harvard they're referring to him now as the cambridge whale which is fitting today is we have a new royal baby of cambridge. a new royal baby i read all about on frankie boyle tweet stream it doesn't seem to it's going to add any value to the u.k. economy according to frankie boyle by the way look at this photo of him this is a him looking much like the duchess of cambridge before she got the total of the baby my god these kids are all what do they feed. should be ashamed of herself look at that fat baby oh my god how did you pass that through a

republicans steve king, who suggested that the children of undocumented immigrants have cars the size of mellonsugs across the desert. he was repeatedly confronted by an interviewer, instead he took to the air waves to reiterate this is truly his stance itches yes, there's some really good kids that are a part of this. it's too into they're call in this flux we are in, but you will also be legalizing those people who are breaking our laws in a very bad way. nots just cross-ing the board. >> for more now, we're joined -- and current president and ceo of the round table. good afternoon, sir. >> are you changing the name of the show to martin danger? >> i have not. i do not engage in those activities, and i'm sure you don't, either. i'm sure you would join in the condemnation of mr. king's comments. while the party leadership seeks to isolate him, and he's been condemned by the speaker and house majority leader, all but six republicans voted for his amendment last month, which seems to reverse a decision by the also that defers the deportation of undocumented immigrants who came here as children. d

all food was eaten fresh, canned in jars for winter, in summer watermelon was kept cool by placing mellons under the bed. a magical place. to me as a child for the dark green treasure. i recommend by watermelons, especially these deep green ones, if they put the melon from the bed for children to find. and they had kerosene lamps they lit as darkness fell until in nearly 60s they also moved to town. they grow everything they ate it said citrus fruit, sugar, salt and coffee which they bought in town of few times a year. like my parents also they raised steaks and chickens and grew gardens of healthy produce that made them the best people on earth. they knew nothing of artificial fertilizer, nothing. nothing of pesticides. there was as i recall one major infestation of their garden among the tomatoes, giant tomato worms that readily picked by hand. as children we chased each other around the yard with these worms, huge and scary to see, like many of true green dragon, the largest of them even had warns. i was not afraid of them. my sister was terrified of them, which was really unfortunate f

so one of the researchers at carnegie mellon outer -- university says there are high hopes that the menu labeling could be a key tool to help combat high obesity levels in this country. unfortunately this approach doesn't appear to be helping very much, even when we give consumers what policy makers thought might help. one consumer is making an effort to eat better. >> oh man. >> all right. that is as sexy as the geraldo photo. >> how did you get a video of me eating lunch today? >> you are adorable. >> you are. i am glad you shaved. jim you have lost a lot of weight which you wrote about in your new self-help book "love your body, love yourself." >> no, it is called "getting to know me." >> what is your secret? do you read calorie labels? >> i do. a bunch of times friends and i go out on friday and guess how many calories the other will have. it is a fun game and encourages healthy eating. >> it seems not to though. >> it is one of the things bloomburg has done that does not irritate me. i like the calorie counts. it does make me not eat as much crap as i would. i thought a low mat muff

supporters of michael dell's plan include vanguard, state street, blackrock and bank of new york mellon though, of the plan are t. roe, highfields, and yacktman asset management. yesterday right here on countdown to the close closing bell we spoke to mark travis, ceo of intrepid capital. his firm owns more than a million shares of dell. he told us quite bluntly why he opposes the dell buyout plan. >> i'm voting with carl all the way, liz. you know, i think you've heard of top tick in a stock. well, to me, michael dell's bottom ticked this. he had some tax loss, the shares traded at 8 or 9 bucks, and he magically appeared and bid 13.65 with the help of his private equity friends in silicon valley. i, frankly, think they're stealing the company from liz: that's quite a statement, stealing the company from shareholders. you can see shares aren't there yet, not quite. $13.09 at the moment, moving higher by one and two-thirds on news that that vote was delayed. but fascinating to see. this is the one-month picture. if you looked at, say, for example, the five-month picture, this was a $26 st

of nonprofit or religious and it was driven more with those who really brought together carnegie mellon and the university, university of pittsburgh and pittsburgh philanthropies, on a recovery strategy and it has begun to work. we are going to reorganize the business community with keeping so we talked about in the book. it has helped and elsewhere. it hasn't helped happened the because we are kind of peculiar with what it actually is, which is our corporate presence in the way. i would argue about this with president bill clinton who was an example of the business leadership and working with the federal government with the city. >> what would you identify for them trying to erase this? artist we washington has unique set of challenges. but in general, what are these about? the mayor listened to this and says that's a great idea, i want to look at that. what is the biggest issue? >> a lot of times they distinguish between the advocate mayor and the campaigning mayor and fighting for the people. you know, you can talk about this and then, you know, whatever this is about, but for purpos

also, bank of new york mellon posting better than expected earnings in revenue. 1.8% with tech strong earnings coming out, they beat, but fell short of estimates and the street is looking at that as a wash. flat at this point. 23.73 a share. our next guest believes while washington may be dysfunctional, far from divided. mark leibowitz is the author of the book of the moment, this town, two parties and a funeral and plenty of vallet parking in the guilded capital. >> based on the initial response, i think so because in washington, i mean, even if you're infamous like i supposedly am now, there is a sheen of notoriety. if your brand is ubiquitous, you must be popular. >> you go after a lot of people personally in this book. you pull no punches. we're a business network. i was fascinated by the evolving door stuff you got into. you took a shot at orszag, for example, for going to citi, jake seward who went to goldman sachs. >> treasury, yeah. >> how much of a problem really is this? is it just an optical problem or do you think it is a real problem? >> i think that

researchers at carnegie-mellon studied more than 1,000 diners and found no differences in the food selectionsnowledge of the calories. >>> thousands of women are not getting life-saving estrogen therapy. yale researchers say widespread rejection of estrogen therapy over the last decade may have led to nearly 50,000 deaths. hormone replacement therapy fell out of favor in 2002 after another study linked it to breast cancer, heart disease and stroke. >>> 5:55. the san francisco zoo is celebrating a new arrival. here she is. a female gorilla, there she is, was born wednesday. caretakers say she is doing well. >> she weighed in at 5 pounds, 1 ounce. this is the first gorilla born at the zoo in five years. look how cute they are. >> is that mama back there? >> i think it might have been. i don't know who it was. >> they're proud whoever it was. >> they're pretty cute. >>> 5:56 now. in the next half hour, service at risk. the latest trouble for a bay area ambulance service coming up. >> reporter: developing news out of alameda county. one suspect is on the run. another shot and killed after trying

in a new study by carnegie mellon university, 1,900 customers were surveyed at two mcdonald's restaurantsomers were given extra information on the recommended number of calories in a meal. 650 to 800. but even with those numbers in mind, they ate an average 60 more calories than the people who only had the basic calorie information listed on the menu. and one-third of them ordered meals with at least 1,000 calories. >> so what do you have here? >> double cheeseburger. >> do you know how many calories are in there? >> nope, i'm just hungry. >> reporter: we were curious to know how many read those labels? >> a mocha frapp and a snack wrap. >> do you know how many calories are in those? >> honestly, no. >> reporter: of the ten people we talked to, most people saw the numbers, but it didn't change their orders. obesity researcher barry popkins supports posting calorie information and believes in order to change eating habits people will need even more information on just how the food they eat affects their bodies. >> people who are interested in reducing their calories will be benefited by th