new kind of businesses cropping up on ng spaces across too. and with an estimated 1000 parking lots across the country, it seems there's pnt o room for the new business model to gr. >> reporter: this afterschool childcare center opened in central tok in may. about 20 ementary school children use the center. rent is 20% cap than the standard price in the neighborhood because the center is built on ety space above a coin-operated pki lot. >> translator: having a parking lot underneath is veryuseful. a lot of parents drive their children to androhe center. some parents just drive tth nt tsee how their children e dog. rorr:iv years ago phil company, a venture firm,taed this new business. there are about 3000 ohe parking lots in central tokyo. the firm is targeting the open space above thearking lots. the company approaches each land owner and proposes construction of a buildg thas oim f thocion and also finds a tenant. to keep construction costs low, it uses recycled materials. most land owners recover their investment in about three years and get

city officials hope the new business will bo >>> the discount retail chain ross has opened a new storetown san jose. city officials hope the new business will boost san jose's stagnant economy. the 24,000-square-foot department store is the first to open in the downtown area in decades. the last major retailers moves moved out of downtown in the 1970s. the new location on south first street will provide 50 jobs. >>> rebate offers are pretty good incentive, aren't they? but sometimes you have to jump through hoops to get your money and that's what happened to a woman in stockton who bought a computer online. >> it's really frustrate, unfair. >> reporter: that's how she felt when her rebate claim was denied. her laptop purchased from fries.com came with a $50 rebate offer from the manufacturer msi corporation. >> so this is the packing slip from fries. >> reporter: the computer came with this packing slip showing what she bought, price, address, all the usual things you expect on a right. she then submitted her rebate online meeting msi's 15 terms and conditions including the original up

already, we've given small businesses eight new tax cuts, and have expanded lending to more than 60,000 small business owners. we're also investing in a homegrown, clean energy industry -- because i don't want to see new solar panels and wind turbines and electric cars manufactured in some other country. i want to see them made in america, by american workers. so far, we've provided new tax credits, loan guarantees, and investments that will lead to more than 800,000 clean energy jobs by 2012. and throughout america, communities are being rebuilt by people working in hundreds of thousands of new private sector jobs repairing our roads, bridges, and railways. our economic plan is also aimed at strengthening the middle class. that's why we've cut taxes for 95% of working families. that's why we've offered tax credits that have made college more affordable for millions of students, and why we're making a new commitment to our community colleges. and that's why we passed health insurance reform that will stop insurance companies from dropping or denying coverage based on an illness or pre-

seven days in a row we went u thursday, we got weaker economic news from the factory businesses, and that shows growth in the u.s. might have slowed quite a bit in the past couple weeks, especially the economic news the reason why the market is losing, in some points triple digits. >> thank you for that update. >>> the lower manufacturing activity in the u.s. also put downward pressure on european stocks today. inrankfurt, the dax index closed about 1% lower. the euro stoxx 50 index of leading eurozone blbl-chip stocks was down about 0.33%. in new york, stocks snapped their seven-day winning streak and had the better than expected u.s. jobs data. the dow industrials closed down at about two-thirds of a percent. on the currency markets, the dollar is trading - the roo i trading at $1.3903. -- the euro is trading at $1.3903. >>> is being called a poor stock debut for the agricultural bank of china, rising less than 1% on the first day of trading. investors had hoped for a skyrocketing ipo, and now they're offering. but now they're looking for a better performance on friday. >> the bank

ok, any other new business? hearing and seeing none, with that, i will entertain a motion to adjourn. >> second. >> all those in favor. >> all those in favor. announcer: so, what's the biggest issue in america today? i don't think we're probably ever doing enough for our environment. the war in iraq religious yahoos freedom of speech i get angry about it, but it's like... ya' know, in my own apartment. i probably believe in all those causes, but i'm...i'm not really doin' anything. director ford: good morning, everyone. i would like to call to order [inaudible] >> yes, prior to taking role, i would like to note that directors church and sartpi will not be joining us today. [roll call] mr. chairman, you do have a quorum. item three is communications, and i know of none at this time. director ford: ok, next item. >> item four, board of director's new and/or old business. [no audio] item five, executive director [no audio] >> good morning. today, we have a number of exciting things to report on. you'll hear in a mo

president, is there any additional new business? >> i was keeping notes on follow up items, and i have 3. one was something that must be useful to have some technology policy and how we direct staff as far as having the appropriate level of investigative alternatives. second is with the sewer system, it invites a discussion of police -- policy, and we need to come to grips with that more concretely. third, within the universe of our planning for the program, we have been focusing on ssip and not as much on the r & r. it may be possible to do a level of service definition for them as well, and we look forward to doing that in the near future. >> there were two elements. one was the 10%, and the other was the structure. putting it together, is there a financial plan or staging process? >> i agree, but i know that time is of the essence. given the rates and inflation taking off, i guess before we get there we will know fairly soon. >> and that is the result of the acquisition, whether you wanted to have gold rates or limit some of the

well that is business news on the way now with kenya. my. hello and welcome to business good to have you with us russia has passed a long awaited law on insider trading the new rules are intended to define illegal trading and what sort of punishment should be handed out to those who cross the line by the question or ports. and the film wall street's by oliver stone gordon gekko makes billions by insider trading but the character that told the world greed is good gets his comeuppance of the long arm of the whole finally gets his hands on the antihero and we presume strips him of his wealth and send him to prison here in russia the gordon gekko's of this world have much less to worry about until now after ten long years of talks it seems a low dedicated to stamping out insider trading is finally ready for presidential approval. and former head of the russian market regulator says this step is not only significant for the proper function of the stock market but also have implications for the whole economy which is having a little though is not e

japan's new sanctions will likely include tighter monitoring of financial transactions with iran and targeting more businesses for an asset freeze. a draft of the new penalties is expected by the end of next month. >>> the united states says its ambassador to japan, john roos, will attend a ceremony marking the 1945 atomic bombing of hiroshima. ambassador roos will be the first u.s. official to attend the memorial. >> ambassador john roos will represent the united states at the august 6 hiroshima peace memorial to express respect for all of the victims of world war ii. >> assistant secretary of state philip crowley said the u.s. government thought the ambassador's attendance was the right thing to do. hiroshima has been inviting all countries with nuclear weapons to attend the ceremony since 1998. but the united states had not accepted the invitation. in an interview with nhk last november president barack obama said he wants to visit hiroshima and nagasaki during his presidency. but observers say many people in the u.s. oppose the idea of the president visiting the atomic bombed cities. the u.s. ambassador's

ok you're up to date now on all of our top stories with the latest business news. oh welcome to the business bulletin helen naughty president dmitri medvedev wants to tap new sources of finance to diversify russia's economy he said investment along with business support services from the north to accounting other key to innovation are now joined to life from the modernization commission my office funded that tend to have clover and italian now what are the main obstacles to modernization. hello stephanie world at today's meeting of the presidential commission on more devastation has shown that when it comes to venture capital investment in russia it's easy to say what needs to be done then to make what has already been achieved so far there are at least twenty three venture funds working in russia with a total capital of two billion dollars which of course absolutely not enough for the country and building it over to the economy now the president meeting with have said that there was a lot of help to mum told me a lot of on the market and he criticised the propertie

we are on item 27, which is new business, agenda setting. comments from the commissioners? >> none, but i don't want to lose sight of commissioner bonilla's, about moving toward a committee structure. i want to direct staff that you work with the commission on directing how that will best work. >> is there any public comment on this item? seeing none, public, disclosed. -- public comment is closed. we are on item 28, communications. is there any public comment on this item? marilyn, are you coming? ok, sorry. it is hearing on top -- seeing none, public, disclosed. >> item 29? >> item 29, adjournment. >> so moved. >> yay! >> welcome to "culture wire." on this episode, we visit with one of the arts commissions very special teams. >> the asia-pacific island cultural center receives help from the census but our commission. john mean today to talk about in off festival is the executive director. welcome. i understand this is the 13th annual festival. can you tell me the name? >> the name is a celebratory name. we also celebrate what we call the asian-pacific islanders as well, i

to a fresh strategy that includes taking on hundreds of new stock brokers to help the bank win new business. the company also benefited from a one-off. under $50 million tax rebate. >>> european stock markets spent much of the date rallying, technology leading the way it after apple announced a jump in profit up 70%, the best report ever from apple. >> apple numbers were better than expected, and they went down pretty well here on the frankfurt floor. while investors focused on shares of companies that deliver for apple, like chip maker in finney and. -- like chipmaker infineon. their shares have been up, the market in general has been up, too, also driven by good numbers coming from morgan stanley. but the market also shows uncertainty. near the end of the session, some profit-taking started. >> talking about the secrets at apple. looking at the final market numbers, the dax index finished up. similar story for the euro stoxx 50, finishing in positive territory. in new york, investors listening careful to ben bernanke, beginning two days of testimony about the u.s. economy before a congres

we are on item 27, which is new business, agenda setting. comments from the commissioners? >> none, but i don't want to lose sight of commissioner bonilla's, about moving toward a committee structure. i want to direct staff that you work with the commission on directing how that will best work. >> is there any public comment on this item? seeing none, public, disclosed. -- public comment is closed. we are on item 28, communications. is there any public comment on this item? marilyn, are you coming? ok, sorry. it is hearing on top -- seeing none, public, disclosed. >> item 29? >> item 29, adjournment. >> so moved. >> yay! >> this is a dpw corporation yard. i work for the bureau of street environmental services used to be street cleaning. we are a new age. >> here we are. >> here we are. >> clean. >> these are our communications dispatchers. hi. okay, no problem. you are welcome. bye-bye. >> all the information about the location, the nature of the complaint and we dispatch it. >> near the steps. >> by new they have started a hundred calls for dispatchers. >> once a get a req

the pieceures in the news business are important ones. for another time, i think that is chinese government is good in many ways and bad in telling its own story worldwide. and i could say more, but i'm building up to what i think is the real reason for the barriers in perceptions to the press which is that the nature of reality in china now is so huge cont contradiction that by definition is going to be distorted through any kind of lens through the press. the only way to convey this is to bolster this in other kinds of ways. there are lots of ways people around the world look at the u.s. they have the whole range of signals. a good part is there are lots of other channels for understanding china. there are 1000 new blogs every day and these things make a difference. it opens every new channel of communication we can. while it is boring to say that human connections here, people have a view of the united states which is more or less accurate around the world. the reality of minute by minute changing china is matching more to what we see

>> item 11, new business. i think you have heard a lot of it. [laughter] see you on august 19. president fong: keep going. >> item 12, public comment. i think he left. president fong: paul bicharte? >> hello, commissioners. i am here to speak specifically about a port aspect, which is dry dock number one. i do not know if you are familiar with that. it is a big tin cans that is currently moored at terminal 80. i consider myself a stakeholder in the harbor. i own a barge company in the harbor and also a commercial fuel business. i really wanted to commend the port, specifically the engineering department, for thinking outside of the box. i thought i would be able to speak easily appear. i feel embarrassed. i do not know why. you were able to secure for the port a large sum of money to mediate and dispose of this drydock facility. my purpose of coming here today was to urge the commission to provide resources for the port to ameliorate that liability of drydock number one. it is a approximately 600 foot long barge that is in extremely poor condition. if it were to sink, the cost

these new ones would be powered by a budding marijuana business. >> it's 60,000-square-foot. >> reporter: eddie is one of the new entrepreneurs hoping to buy one of the $211,000 permits the city is thinking of issuing to start a massive pot grow. he even has his factory location picked out. >> security is an issue but we are establishing a high-end security facility here with infrared cameras, motion censors, on-staff guard. >> reporter: and dan rush of the united food and commercial workers union already representing 150 pot workers statewide couldn't be happier about the new businesses coming to town. >> you have some of the larger grows under contract already, we are figuring 300 to 400 jobs per larger grow and so we're looking at 1200, maybe 1500 jobs. >> reporter: it's estimated that marijuana could turn into a $14 billion a year business if it were fully legalized. but if it gets that big, there is the chance that the feds might kick the doors down and arrest people. >> we'll get to that if we need to. >> industry is expanding at a phenomenal rate. >> reporter: if this is such an e

peter nord says business has been slower since the oil spill. he is hoping news of the cap working will bring more people. >> reporter: he reopened his business after it was destroyed last january by hurricane katrina. he says he wonts won't let the oil spill get the best of him either. >>> big change tomorrow for golden gate bridge commuters. the one thing you must have to get through the car pool lane. finding room to run for overcrowded animals. how a shelter tackled the problem this weekend. >>> proving they are able. a group taking handicapped kids places they never imagined. >>> i'm meteorologist lawrence karnow. everybody will start to cool down. we will talk about that coming up. [ son ] i'm a good son. dependable. i call my mom every week. i even bought her a computer with my new citi forward card. then one day... have you seen this? she "friended" me. there's a whole album. [ laughs ] [ groans ] and started posting pictures. ♪ and tagging me. publicly. [ male announcer ] you ought to be rewarded for being dependable. the citi forward card gives you extr

representative is a need for a dozen businesses and he says because of the nobel we could still see new businesses give customers an incentive to pay with cash. the bottom line, retailers now have more flexibility. >> the decision is left up to the business not been dictated on what has to be. >> reporter: the electronic payment coalition says that flexibility comes with a price that will be passed on to consumers. the coalition represents banks and credit-card companies. >> consumers will see more fees on their checking accounts, awards cards, a regular credit cards. it also that merchants do not have to pay their fair share. >> reporter: the new law will not affect all but the card fees, those issued by small community banks and credit unions are exempt. reporting live, allie rasmus. ktvu channel 2 news. >>> the federal reserve chairman when before the congress today and said there is no quick fix for the high unemployment rate. >> a significant amount of time will be required to replace the 8 million jobs lost. >> he is predicting modest growth but calling the overall outlook unusually uncertai

we are on item 27, which is new business, agenda setting. comments from the commissioners? >> none, but i don't want to lose sight of commissioner bonilla's, about moving toward a committee structure. i want to direct staff that you work with the commission on directing how that will best work. >> is there any public comment on this item? seeing none, public, disclosed. -- public comment is closed. we are on item 28, communications. is there any public comment on this item? marilyn, are you coming? ok, sorry. it is hearing on top -- seeing none, public, disclosed. >> item 29? >> item 29, adjournment. >> so moved. >> yay! when a resident of san francisco is looking for health care, you look in your neighborhood first. what is closest to you? if you come to a neighborhood health center or a clinic, you then have access it a system of care in the community health network. we are a system of care that was probably based on the family practice model, but it was really clear that there are special populations with special needs. the cole street clinic is a youth clinic in the hea

special type of earth, the beach town buryong is drumming up novel ways to lure tourists and spur new businesses. >> reporter: buryong has 78 islands scattered off its shallow coast. known as the best beach town on the western coast, it's drawing a large number of vacationers in summer. the appeal of boryeong is not just the ocean and scenic beauty but the mud also. the mud festival is in full swing right now. the annual boryeong mud festival opened on july 17th. it runs through sunday. this year there are various mud-based events and attractions including a large bath and a sliding pool. >> fun. we're having a wonderful time. >> whoo! >> we're definitely enjoying the mud here. mud fest. >> reporter: the mud feels good. >> it's my second time going to the boryeong festival because i had so much fun last year. >> you can try for yourself. this is really fun. >> reporter: although boryeong has long been known for its scenic landscape, the city had no major industries. officials then hit on the idea of taking advantage of 800 tons of a mineral-rich mud produced each year near the beach. the festiva

news. that's "nightly business report" for wednesday, july 21st. i'm suzanne pratt. good night, everyone, and good night to you, tom. >> tom: have a great evening, suzanne. thank you so much for watching. we hope to see you right back here tomorrow evening. there is a world of investment opportunities out there. spotting them takes experts on the ground. assessing potential firsthand. templeton, a pioneer in global investing for over 50 years. gain from our perspective. >> announcer: and by exxon-mobil. this program is made possible by contributions to your pbstatio pbs station frm viewers like you. thank you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> more information about investing is available in "nightly business report's" video "how wall street works". to order this dvd, call 1-800- play-pbs or visit online at shoppbs.org.

we are on item 27, which is new business, agenda setting. comments from the commissioners? >> none, but i don't want to lose sight of commissioner bonilla's, about moving toward a committee structure. i want to direct staff that you work with the commission on directing how that will best work. >> is there any public comment on this item? seeing none, public, disclosed. -- public comment is closed. we are on item 28, communications. is there any public comment on this item? marilyn, are you coming? ok, sorry. it is hearing on top -- seeing none, public, disclosed. >> item 29? >> item 29, adjournment. >> so moved. >> yay! [beeping] voice: ready. ready. ready. ready. ready. announcer: it can be a little awkward when your friend tells you he's been diagnosed with a mental illness, but what's even more awkward is, if you're not there for him, he's less likely to recover. i'm here to help, man, whatever it takes. voice: ready. chairperson avalos: good morning and welcome to the budget and finance committee. i am joined by supervisor mirkarimi and supervisor elsbernd. will be joi

all are familiar with but i want to pick your brain a little bit about how we're doing in the news businessight now because the way things are developing, we're not doing things the way you studied journalism. we're not doing things the way i studied journalism. bloggers have a big influence. the video journalists are now rolling and most every station has them. what are your thoughts on the evolution of your former industry? >> i think the bar has been lowered. i think that when you have a professional journalist and professional cameraman or camerawoman going out to cover a story, it's better if they each focus on what they're doing versus what is happening now which is to send one person to do all duties and that's just not what brought television journalism or the journalism we knew in television, that's not what brought it to the pinnacle that it reached. so as someone who i think went through the best years of television journalism, the '70s, '80s and '90s. it's painful to watch. i'm able to watch it now because i'm retired. not that i'm home watching news but i am able to watch it if

the new business district since scrapes to school i just assume poor you can go for investors is the theory money is as safe as the next person's and that's the need to protection of the law i didn't question or moscow better than expected financial results from american companies provided much of the driving force for the markets this week under diggins head of research of forbes club explains the impact they had all russian share prices these news determined to main trend of the wall markets and most of the week markets to do with or sort of short correction and we hope that these positive trend will be continuing during the next three and the season of corporate finance results is going to be hold to the results of the second quarter of the american corporate sector so we'll be better than the same results of the second quarter last year russia is suffering from its worst drought in more than a decade in a state of emergency has been declared in sixteen agricultural regions some climate scientists believe the heat wave may be just the beginning of many years of hot dry weather. re

that's all from the business team but if you are eager to get more news right now you can always log onto our web site r t v dot com slash business. every month we give you the future we help you understand how we'll get there and what tomorrow brings the best in science and technology from across russia and around the world. join us for technology update on r g. ninety nine she. carries away the russian empires gold reserves. to save it from the soviets. five hundred tons of gold and dozens of colored. six hundred fifty million in czarist rule. the crane that is still a way to have the arrival station. a century long the way. the ministry of the golden train. they faced a. this is not a provocation but more of. a full of shit that machete first step is already assured us a pretty tree speaks they have no idea about the hardships to face. one it's the this is it all too nice and for any army the life of the usaf is the most precious thing in the world.

is losing its status around the world for astrologer joins us for the latest business news. hello and welcome to the business program. since robert dudley then head of. fled russia also dispute with the russian shareholders on. the new boss of b.p. taking office in october and in a follow twist the outgoing chief tony hayward's may return to russia as a board member. so united misread of course. robert dudley has already earned his credit for handling of the gulf of mexico oil spill the gulf represents one third of the company's oil and gas was in refineries and his experience in russia where t.v. generates about a quarter of b.p.'s revenues and she should be well prepared to take over the whole company where she's likely true means central to the peace jirga e.g. with analysts dismissing media reports that the company could sell a stake in its cash generator team t v p possibly to gas room or ross nifty to be easy cash generator on an original investment of seven billion dollars in two thousand and three b.p. has already seen twelve billion dollars of dividends officially fo

out of the shadows they'll be able to pay more taxes they'll be more productive they'll create new businessesnd they'll be able to employ more people so again there's. a lot of misinformation on the contributions of immigrants to this country and unfortunately when there is an economic crisis like the one we're facing right now immigrants are being blamed for for everything that's wrong with the structure from crime to unemployment and it's simply not for but if you take the civil rights movement there was martin luther king jr when you take the labor movement farm workers there was a cesar chavez there is not one leader in this movement and how do you mobilize and how do you get something to happen change to happen if there's not one person for people to rally behind what's so interesting is that we don't need one césar chávez we need a fall from césar chávez. and it is true latinos are on the represented politically we are fifteen percent of the population and we only have one senator that has to change this is it is incredible that the most powerful country in the world is persecuting and

new business certifies that although the pace of the u.s.slowing the economy did grow during the second three months of this year to. survey found 31 percent of businesses added workers between april, june which is the highest level is seen in three years. 39 percent of those service on the highest percent of those workers in the next three months the most since january of 2008. manufacturers did best of finance, insurance and real- estate sectors of the los slows growth and 67 percent of respondents believe the 2010 growth will be more than 2%. meanwhile president barack obama will welcome a mercury astronauts and the phoenix mercury women's basketball champions at the white house today. the president of h regulator to phoenix for the 1 w nba champions ' and will discuss space exploration with former senator john glenn who overdid the earth in the mercury spaceship's back in 1962. in the evening at president barack obama and first lady will host the broadway solute which is of course featuring music from. we will be right back with the kron