mr. thorning-schmidt to congratulate her. mr. thorning-schmidt has vowed that, as prime minister, she will roll back some of the elements of denmark's tough immigration laws. the victory of the red bloc means the end of an era in which a center government has to rely on the votes of the right-wing populist people's party, which used its weight to push for tighter border controls and stem the flow of asylum seekers. thomas buch-andersen. >> you've been watching "newsday." >> just trying to give you a quick reminder of our main news, and that is that global markets have reacted positively after five central banks said that they will help support commercial banks exposed to european debt. the banks will provide extra loans in u.s. dollars to commercial banks to make sure they have enough funds available to repay debt on time. well, from singapore and from myself in london, thank you very much for watching "bbc world news." there is, of course, more on our website. >> make sense of international news at bbc.com/news. >> funding was ma

mr. joseph schmidt -- please come over here -- mr. joseph schmidt, who is a true san franciscoan in the fact that he's generous and in good times and in bad, everybody loves his chocolate. if you haven't had his chocolate, you don't know what you're missing. he for this occasion built and carved himself a coit tower out of white and bittersweet chocolate which is on display in the tower when we open the tower today. thank you, mr. schmidt, for doing that for us. in addition, mr. pll schwab donated $25,000 worth of graphic artwork design. this banner is made for this occasion only. we will give out free posters of this design today and that will be available for you. we also have half a dozen city guides here today to do commemorative tours of the tower the you can ask any question you have, no matter how esoteric, and they'll be able to answer it. also we will have jail productions, down here, to perform ragtime music. also, again, lots of history going on today, mitch morea zachaim, the author of the most influential book every writte

mr. schmidt. he has served as executive chairman of google since april of this year and from 2001 to 20011 was the chief executive officer of the company. we will introduce our second panel before they testify but i would now turn to senator feinstein who would like to make remarks in order to introduce our witnesses from california. >> thank you very much, mr. chairman. i really appreciate this very special privilege. the three gentlemen you're going to hear from today come right from the heart of the san francisco bay area. i have known the chairman of google for many years. i've always known him as a fourth right forthright man filled with integrity and has been at the helm of a number of america's most innovative companies. he has been with google since 2001. he has helped google grow from less than a thousand employees to 28,000, 13,000 of whom are in california. it's a 45% growth in employment even in the most difficult times of the past two years with 5,000 new hires in california in about

mr. schmidt at his word when he says that google is run on a set of principles such as solving the problems a consumer has. now, should federal regulators be willing to take a for-profit company at its word that it's acting benevolently, especially when you consider that google has been found to have violated consumers' privacy by the federal trade commission in packaging the buzz product with begun j mail or google has been involved in the pharmaceutical settlement that mr. cleland mentioned? google's record is not spotless. so i guess my question is when you say they are acting with consumer interests in mind, are you positioning them different than other companies at large? >> guest: no, and you make an important point. you know what can google's doing is precisely -- well, it's not precisely, but it's very similar to what other companies that facilitate search do. they sort of recognize certain principles that they all try to abide by. now, it's appropriate to go and examine what is going on with their decisions on search, and that's what the federal trade commission's doing. but i thin

mr. schmidt george to be bush to clear the capture of merrell noriega was the ultimate objective.the united states has deployed military force with the objective of killing or capturing an individual, one man dead at -- one dozen times since 1885. "wanted dead or alive" is a history of the strategic man hunts. it is a reasonable question to ask but with bin laden dead why should we care of the pursuit of geronimo? and more than 80 years ago what does that have to do with our lives today? and then to be a corrective to u.s. policy makers as colin powell noted reflected on of the hon for noriega "the president has to rally the country behind his policies. when that is more, it is tough to arouse public opinion against abstractions. but beyond that tendency to personalize conflict american sensitivity to non combat casualties and the individuals levying road states or terrorist networks have been magnified by the evolution of technology especially the growth of the international media and the infusion of weapons of mass destruction and dual-use technology you. the same time the abili

mrs. thorning-schmidt to congratulate her. she vowed as prime minister, she will roll back some of denmark's tough immigration laws. it means the end of an era in which the government has to rely on the vote of the right wing pop list danish people's party which tightens border controls. >> you're watching "news day." still to come on program. drone attack. the u.s. military said it believes it killed the head of al qaeda's operations in pakistan. >> near benghazi, a welcome to western visitors since gaddafi's downfall. >> rescue teams in south wales are still trying to reach four miners trapped near nearly 300 feet below ground in the swansi valley. it's thought the men became trapped in a section of the mine. our correspondent, jordan davis, is at the scene with the latest. >> ambulances. search and rescue, four-by-fours. heavy duty vehicles with pumping machinery. brought in from across the border from gloucester to try to remove this water that filled the mine. these four men have been trapped in the mine for 18 hours now.

mr. schmidt, i think, explained a little bit. they actually run live tests with us as their guinea pigs. they will do side by side and do you like this or like this? i think -- i'm not sure i understand -- >> ok. you worked on microsoft and you know that as part of the settlement to comply with one of the settlements that they formed a technical committee to review this and you said that would be regulation and i said what they did voluntarily and after that, we kind of lost the strain of what we're talking about i think. >> i'm sorry, senator, i'm sure that was my confusion. let me try again. in short, i think google already changes its algorithm 500 times a year. i think a technical committee would be too slow to keep up with the technical changes in the market. >> thank you. thank you ms. chairman. >> i understood his testimony to be that he felt that google did have a special responsibility by virtue of its size and i wanted to just express my appreciation for as i acknowledgment and receptivity to do better. mr. barnett, you

mr. schmidt deserve tremendous credit for highlights of issue that consumers care a lot about, and, you know, helping to clarify what's going on in the market president >> host: david balto, former policy director of the bureau of competition for the federal trade commission during the clinton administration, and a long time anti-trust attorney. thank you for being on the communicators. gautham nagesh is our guest reporter, a technology reporter for the hill newspaper. thehill.com is the welcomes. hillican valley 1 where you find his materials. thank you, gentlemen. >> guest: thanks. >> guest: thanks. >> the head of the training mission in afghanistan says several local police officers sacrifice the themselves in order to stop suicide bombers on the day the u.s. embassy was attacked. lieutenant general david caldwell spoke. commanding general of nato training mission in afghanistan and commission command in afghanistan. general caldwell assumed duties in 2009 with his afghan ministry of defense in the ministry of the interior. now, nearly 22 months laird, joining us from kabul to update us o

mr. schmidt. what was the point of the billboard? why did you put it up? >> sure.rents have no idea that cheese can be the reason for their kids' weight problems. cheese is 70% fat for typical cheeses like cheddar cheese and also as high or higher in cholesterol ounce per ounce compared to steak. the dietary guidelines said, if there's one thing to do to get healthier, we've got to cut back on saturated fat and the number one source that they quoted or cited was dairy products, including cheese. so our goal is to get attention. >> let me take it a step further. why spread this message on the $3500 a month billboard on highway 41, heavily trafficked by packers fans. aka, cheese head. why that billboard? >> because people haven't gotten that message so far and it's essential that they do. back in 1909, back when people ate 3.3 pounds of cheese a year. less than 4 pounds a year. today we're at 34 pounds a year every person every year. the point being, where are we putting those 30 extra pounds of cheese. parents haven't gotten the message. one in 3 kids is heavy and o

mr. eric schmidt. he has served as executive chairman since april of this year. from 2001 to 2011 was the chief executive officer of the company. we will introduce our second panel before he testifies. >> i really appreciate this very special privilege. the three gentlemen you will hear from come from the heart of the san francisco bay area. i am now the chairman of the goal for many years. he has a long history in silicon valley and at the helm of a number of america's most innovative companies. he is them with google since 2001. he is helped it grow from less than 1000 employees to 28,000, 13,000 of whom are in california. it is a 45% growth even in the most difficult times of the past two years with 5000 new hires in california. under his leadership, google has been helping business throughout the golden state. it provided 15 billion in economic activity. the ceo is from san francisco. this is a price comparison website company. it allows people to search for projects in see available online prices for the projects. he has extensive experience in in internet a

mr. schmidt deserve a tremendous amount of credit for highlighting an issue that consumers really care a lot about and, you know, helping to clarify what's going on in the market. >> host: david balto, former policy director of the bureau of competition for the federal trade commission during the clinton administration and a longtime antitrust attorney. thank you for being on "the communicators." gautham nagesh has been our guest reporter, he is a technology reporter for "the hill" newspaper. the hill.com is the web site, hilicon valley is where you can find gautham's materials. thank you, gentlemen. >> guest: thanks. .. finish assumption that a politician or a ceo is saying something, they are not telling you the truth. they may be telling you the truth but the burden should be on them to prove it. >> he's an eagle scout, editor of "mother jones" magazine, directed and produced three of the top 10 grossing documentaries of all time. and also a best selling author. his latest, is here comes trouble. sunday on in depth your chance to call, e-mail and tweet michael moore. >> the c-span net

mr. schmidt deserve a tremendous amount of credit for highlighting an issue consumers care a lot about and helping to clarify what is going on in the market. >> david balto former director of the bureau of competition during the clinton administration and a longtime antitrust attorney, thank you for being on "the communicators." gautham nagesh has been our guest reporter. thank you, gentlemen. ♪ >> spent this weekend in charlotte, north carolina. throughout the weekend, the history and the literary life from the site of the 2012 democratic national commission. the charlotte banking industry and how the south was created in american popular culture. also, a visit to learn about the relationship between independent bookstores and publishers. on american history tv, tour the birthplace of james polk. a discussion with the charlotte civil rights leader on his experiences during the 1960's went counter sit-ins. visit the gold mine where gold was first discovered in america. that is this weekend on c-span2 adnd 3. >> this form and outlines the way for for the joint debt reduction committee and u

. >> the chairman of the subcommittee asked eric schmidt yesterday about whether or not who will exhibits bias in its rankings. here is mr. schmitz answer. >> with respect to the question of rankings, it is ultimately a judgment what comes first or second. in our case, because we have so many things to rank, it would not be possible for me to explain to your satisfaction or to my own 11 link about this testimony and in my testimony was one higher or lower. it is a complex formula involving influence and who points to whom and the way it is expressed and so forth, using a proprietary algorithm google has developed which you are very proud of. it is the best we can do, and i want to say right up front that we do occasionally make mistakes. >> that was a very complicated answer when it could have been simple. that have admitted that they put certain things like global finance and google maps number one. so they have decided, and some of their executives have said, it is only fair, we created it. the problem is that 34% of the business goes to the first links. they have already said that in some instances, they have chosen t

mr. snow, i understand that medco, the special me schmidt co has -- the special chic -- niche you have in north carolina is in the specialty drug industry. >> we are a full-service -- we do not have a specialty angle. >> you are denying what some people have told us? >> i do not believe we have a specialty pharmacy and carolina. >> if you do, and the testimony is correct that this combination will give more than 50% control over the specialty market, would that be a relevant consideration, as far as you're concerned? >> it would be. but the facts on this are in the space broadly there are 48 competitors today. in the specialty space, there are hundreds of competitors. if you look at the specialty space, look at the disease level. >> i am not looking for a treaty's on the way the industry works. ms. kendrick, let me pull out the specialty drug. here, assumed the combination of these companies and is up with more than 50% of the specialty drug market. how is that likely to play out before the ftc? >> first, we have to decide -- the ftc has to look at as the market for antitrust purposes. 50