. >> caller: i wanted to ask you about peabody energy, btu. >> don't like peabody, don't like the coals. i own the fact that i liked peabody at one point and then i said hate it. and i've hated it now forever. let's lighten up, everybody. peter in texas. peter. >> caller: ba-ba-ba bah-boo-yah, cramer. >> nice. >> caller: i wanted to thank you very much for helping me make all this money. but on mastercard, should i hold what i have or still buy some more? >> mastercard was one of the stocks i said would be the canary in the coal mine. i thought that would rally even in a bad market. the stock did go higher today. it's one of the few that go higher. when the market is better that means it's going to go even higher. i do not want you to sell mastercard. i'm going to dan in rhode island. dan. >> caller: hey, a big rhode island boo-yah to you, jimmy. and a bruins boo-yah as well. >> i like the bruins. >> caller: bruins are going to kick butt tonight. listen, what do you think about biopharma? they have a lot of -- and they're also affiliated with astra zeneca and also with onyx who you've h

you have nine peabodies. your current show is moyers and company on american public television.ou also have a front line documentary. these are people you've been following since the 1990s, correct? >> yes, my producers inspired by my wife, it was her idea, had been following these same two families ever since the bread winner in each family, the top bread winner, lost their good factory job. they had been struggling ever since courageously but against great odds to try to find their place in the new global economy. >> stephen: okay. it's called two american families. it airs july 9 at 10:00 p.m. on front line on pbs, correct? >> correct stephen: all right. now why do we need a middle class? do we need one? >> it's where most of us can go stephen: we can go to the upper class or the lower class. there are two other class categories open to americans. >> and that's what's happening. the middle class which is the strength of a democracy because they have economic security and a belief in the future, they believe in democracy, they're falling through the cracks. >> stephen: but the

allergen, boeing and peabody energy.e back in two minutes. >>> well, there is a selloff to start the week continuing last week's declines. right now the industrials off 142 point at 14,657 and nasdaq down to 3316 and the s&p 500, the biggestlouser among the major indices down. michelle with us and josh lipton and joe greco with meridian equity partners. let me start by asking you, what is the market telling you about today and more particularly in the last hour or so? >> it seems like a lot of people, in the last hour is a lot different than today because we obviously started off today chasing the asian dog there and heading lower, and about an hour or so ago dallas fed president fisher says i'm not worried bip flakes. i think you've got to read too it a little bit. people can't pay more if they are not working and the unemployment rate he doesn't see improving any time in the near term. that's what i think is there and that's really a negative comment even though the market needs europe up. >> josh lipton, most sectors

at the close, the cliff's natural and peabody lost 7%. alpha natural down 8, and consol energy off by 6%. >>> allergen also having a rough day. their treatment for dry eye syndrome could face competition sooner than expected. a generic version of allergen's drug, it's second biggest revenue producer could be approved without a requirement for testing in humans. shares finished the day down more than $10 a share to 81.99. worst performing stock of all 500 in the s&p 500. different story for isses pharmaceuticals, that stock dropping from results of its cardiovascular drug. the drug could help lower diabetic's risk for heart disease. shares of isses up 29%, to $28.42. and there's a deal in the health care sector. tenet is buying vanguard health systems for about $1.7 billion. the acquisition will expand tenet's reach into new markets as more people gain insurance coverage. both stocks closed hire, tenet up 4% to $43.73. vanguard sored 67% to $20.70. >>> how much you pay for a hospital stay or a doctor's visit could be changing. some employe

due some draws after the government crowded them out in the two thousand and eight bailout and mr peabody went on a limb and to claim investors should dump city shares thanks to some stacked a one way bets on the greenback s. and p. revealed its two thousand and eleven call on all salmon citing monetary credibility which we find and credible and it's emma sullivan of micro ventures and didn't hesitate to speculate on the future of crowdsourcing we just have to get the f.c.c. in tono and dusty in here behind the cloak of fear engulfing the begs to reach a startling conclusion thank you so much for launching today show i'm perry and boring and this is our interest to have a great night. wealthy british style. markets why not come to. find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune into kinds a report on our. to get. to go.

just after the government crowded them out and the two thousand and eight bailout and mr peabody went on a limb and to claim investors should dump the city's shares thanks to some stacked a one way bets on the greenback s. and p. revealed its two thousand and eleven call on of all spam fighting monetary credibility which we find and credible and it's emma sullivan of micro ventures that didn't hesitate to speculate on the future of crowdsourcing we just have to get the f.c.c. in tow now and just steam here behind the cloak of fear engulfing the vegs to reach a startling conclusion thank you so much for watching today so i'm perry and boring and this is an interest to have a great night. wealthy british study on the sun. spot on to basically explain the different. markets why not. find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune into cars report on our. download the official application here so choose your language stream quality and enjoy your favorite. if you're away from your television or it

due some just after the government crowded them out in the two thousand and eight bailout and mr peabody went on a limb and to claim investors should dump city shares thanks to some stacked one way bets on the greenback. revealed its two thousand and eleven call animal spam citing monetary credibility which we find and credible and it's tema sullivan of micro ventures that didn't hesitate to speculate on the future of crowdsourcing we just have to get the f.c.c. in tow now and just steam peered behind the cloak of fear engulfing the begs to reach a startling conclusion thank you so much for launching today show time perry and boring it this is going to interest have a great night. wealthy british style. pastime. market why not. find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into kaiser report on our. preparations for the first woman cosmonaut was strictly classified. even her own mother knew nothing of the imminent extraterrestrial voyage during her second dog which there was a terrifying and unex

programas como twenty twenty, y sixten minutes, y ha sido merecedor de numerosos premios poelleter, peabodyl investigaciÓn sobre la industria del tabaco en estados unidos en los aÑos 90, fue llevada al cine en la pelÍcula de the insider en la cual al pacino lo interpretÓ. hoy bergman aborda un tema para nosotros el univisiÓn no es nuevo, del cual hemos reportado, y ahora tenemos el privilegio de tratar con mÁs profundidad. veamos. ♪. >> mÁs de medio millÓn de mujeres trabajan en los campos de estados unidos, la mayorÍa son inmigrantes indocumentadas. esta es la historia sobre el precio que muchos pagan para conservar esos trabajos y mantener la comida en nuestras mesas. >> la persona que nos ofreciÓ el trabajo, Él le dijo a i papÁ, pues no tengo trabajo para usted, pero dijo, pero para sus hijas sÍ tengo trabajo. entonces ya desde ahÍ empezÓ cuando estÁbamos en el... empezaban a acosarnos horriblemente, nos miran como que ellos son los dueÑos de uno, ir a la hora que ellos quieran tenerlo a uno, lo pueden tener. >> no se habla en inglÉs, no tengo papeles para trabajar, asÍ que pues tengo qu

since the first trade this morning, we could look at, for example, peabody. they were all down.hen the president spoke. they have moved higher off of the news of the president's plan for energy. he laid out sweeping initiatives. peter barnes, though coal companies must have liked what they heard. peter: that is right. let's clarify what the president said today and what he wants to do here. he is issuing a memorandum to the epa to start a process for a rulemaking. the epa is not proposing any new rules today. the president is trying to get buy in from the various stakeholders. he wants industry support. this will take a lot longer then maybe investors were expecting. there could be lawsuits that block this. that is one concern here at the white house. and, of course, there could be interference from congress. take a listen. >> if the white house moves forward with this war on jobs and raises the cost of energy, that would almost assuredly raise the cost of doing business. that would likely put jobs, growth and the future of american manufacturing at risk. >> do not bet against a

the price peabody energy a positive outlook. nicole, what happens?reporter: we are watching when ceo that is actually warring that australian, over there, major coal shipper is in danger of production moving to lower-cost countries. you're seeing the competition heating up. we did see this group very volatile based on the president's plans. the administration's plans. if they thought it would move away. instead it was just more requirements. a good way to put it. you concede. trying to squeeze out gains. for the rest of them, walter energy as one huge. up 11%, now it's down to%. once this group very closely. liz: and we will. we are also watching volatility overall. we need to tell our viewers that it is plummeting today. that means their is a bit more, and the markets. traders are not feeling call. they are jittery because there's so much action from everything regarding the precious metals to what is happening. ben willis, let me get to your perspective, which is always very unique. you look through a different prism. other colors you are seeing fo

peabody's been crushed and i'm tired about their debt position. i don't trust coal.people choose to ignore the coal trade. inventories have gotten lower, the rails, can take coal to ports where it can be shipped overseas. these companies do not have enough business although i do love union pacific. then there's the apparel business. part of the business that i'm worried about could be china. coach can make up for what i bet will be a slowdown in china. we know yum brands, a health issue there, but worrisome given how much they love kfc. question is, will starbucks see the same thing? last time, chinese business was incredibly strong. it was blowing. now, we'll need to wait to see if that's the case. there are many reasons why, china does produce more than it needs. it hasn't shut down and turned out coal to import. i think you'll see that weakness where the concern is copper. it's a fiasco. don't know where to put the copper either. china is the reason freeport mcmoran can't compete. sell, sell, sell. that's what offsetting weakness, but in a true chinese clause, wha

joining us tonight david resnik from the law firm nixon peabody, attorney mitch epner from willk oslander full hour. hitch lowry, editor of the national review magazine. >> at least can you say national review. >> and the author of the "lincoln unbound." i have been a contributor and have been many years. mitch, what do you make of this decision? patent law change now from this decision in the biotech area? >> yes. this is a big deal if you are in the genomics field, if are you in the diagnostics field, if are you in the field of putting together human genome testing with pharmacology, in other words, personalizing medicine. all of these things are very challenged today and i would say that it is, as you said, going to be much more difficult for capital raises in this area because investors will be very nervous that they will ever be able to recoup the enormous sums of money. >> it's the recouping of the money that really matters. david resnik, welcome to the show, my own sense, i am no expert on gone, i do know something about finance. in recent years, legislatures and courts have been c

. >> shepard: does this mean that they have to prosecute him for he is peabody nawj. >> it does.ay it works whatever charges are decided upon the justice department and they choose to expedite snow den on those charges, they have to prosecute him on the u.s. on the very same charges. they can't do a bait and switch. this may explain why it's taken a few weeks for this criminal complaint to be put together, shep. >> it's sealed. what's the thinking on why they sealed the complaint? >> that's sort of the interesting elements of the story. it's very traditional in these federal cases when you put a federal complaint into court that it is under seal. you see it a lot in terrorism cases simply because the government doesn't want the suspect to know what the charges are and the strength of the case because they might flee. but, of course that is kind of -- you know, the horse is out of the gate so to speak. it doesn't apply in the snowden case. is he already out of the country. this is really a standard practice, there is no specific secrecy attached to it. >> shepard: all right, cathe

produced the "electricity freedom act" include representatives of - hold your breath - exxonmobil, peabody energy, and koch industries. now alec doesn't like all this to be publicized. it doesn't like exposure to sunshine at all. in fact, they've recently begun including fine print on their materials saying they believe the documents are, quote, "-- not subject to disclosure under any state freedom of information or public records act." got it? take another look -- "-- not subject to disclosure under any state freedom of information or public records act." so, when your elected legislators are meeting with corporate lobbyists behind closed doors, alec thinks you - the public, the voter - have no right to know what they have done or even talked about. that's not all. alec thinks that even the name "alec" has gotten far too much attention. so it's come up with a new strategy, described recently by its chief frac flack in a memo to its members. quote -- "you may have noticed we are limiting the use of the acronym 'alec' over the last year, the word 'alec' has been used to conjure up images of

is tom goldstein, co-founder of the scotus blog, website that covers the supreme court that won a peabodyn excellence in electronic media this year. first blog to win that award. mr. goldstein lectures at harvard and argued 28 cases before the supreme court. tom goldstein, thank you for being with us. >> merry christmas. thanks to governor perry for letting me get that off my chest. >> i know you've been held back by the threat of the gestapo, right? there's no way to know if monday is going to be the day. what is your thinking about whether or not it's going to be the day? >> i think this one probably will go to the bitter end the justices heard argument as you described it in march. they don't give us any heads-up, but it's likely to be such a big fight particularly when you have two cases on such a historic question as same-sex marriage that some time in the next two weeks it's going to happen, but monday might be a little ambitious. it could happen for sure. >> what do you expect to be the outcome of these cases? do you expect they'll be decided at the same time, we'll hear about both

peabody, consol energy.that they may let an epa emissions regulation and weak sentiment about china, iron ore, u.s. steel and oh, having trouble as president obama tries to move ahead there with the carbon emissions issue, so that's why some of the coal stocks are getting hit. other laggards in the materials, freeport mcmoran, u.s. steel, archcoals as well and here the biggest droppers are money managers, genworth and invesco, e-trade with a good week last week along with schwab group as well. see them moving a little bit lower. on the plus side, utilities in and out of green all afternoon. nrg, public service, pse & g, our provider in much of northern energy and modest gains there. >> folks. >> very interesting on the point about the utilities. dave lutz earlier on, the last ten summers have been dominated by utilities and technology as well which is kind of a weird pairing and nonetheless, thank you. >> next up, a housing bull turns bearish. kind of, and that red panda by the way, he was found rusty is oka

best buy, netflix, micron, hewlett-packard and game stop, clf, peabody, u.s. x. >> as we know investing in start-ups is not just for venture capitalists anymore. some of the largest companies are trying to get a piece of that action, as well. julia boorstin with details on that. >> reporter: bill, since may, three major corporate vcs have launched, ge, microsoft and bloomberg, more than 750 companies had corporate vc units. the numbers have grown since then. now the first quarter, corporate vcs were involved in 17% of all deals contributing nearly 8% of all vc dollars according to price water house coopers. now, many corporate vc arms like city banks, cnbc's parent comcast and microsoft, looked to invest in innovators in their space to form strategic alliances. while others like google's venture, targets from their assets. >> during the last three months, april, may and june, we've had our top ten selling days at the center on ebay and three of those occurred this week. so we know that there's tremendous demand coming out of the united states public looking fo

and peabody energy and cliff natural resources, down 31% and 27% respectively.'ve been underperforming the broader market, hurt by demand, especially in coal use. as well as poor pricing. and the federal reserve is looking to cut back on the bond-buying program. this kept interest rates low. well, after benefitting the low-rate environment, investors are betting that homebuilders will be hurt when interest and mortgage rates start to rise. you can see d.r. horton is one of those trading to the downside as well, since the all-time high. there are a few more -- or i should say there are more than a few firms weather this market pullback fairly well, including micron technology, amidstrong demand for its memory champions and after posting its first quarterly profit in two years. back to you. >> all right. breaking news we want to get to on microsoft and oracle. and to jon fortt we go with that story. over to, jon. >> yeah, maria, as we had been expecting, microsoft and oracle announcing a big partnership for the cloud. it's relevant a little bit sooner than i and s

>> btu, for instance, peabody, just smashing through the 52 week low, not in a light way, not just like 15 or 20 cents, like hammering through it by better than a buck. down to the mid-14s. i got to play at that level, so, yeah, i am buying a little down here to see if they get a dead cat bounce at all. >> do the top trades and focus on technology and not three but six. apple, google, facebook, intel, ibm and sysco. talk about apple first. weiss, breaking below $300. three handle today. >> the trading range is 400 to 450. those are the old rules. we have seen the galaxy have disappointing sales and other indications that the smartphone slowdown, so apple still late to the party for the new product and new product drive sales and i think it is okay here with the risk reward favoring slight upside but i am actually thinking of buying it and i haven't pulled the trigger. >> street fight today and jeffries cuts the price target and bmo raises the price target. >> we saw some last week more out of frustration. i don't think if you don't have these great products, these wow products, and you

>> peabody. >> it is very stressful.g recording, some of the schools demand, but it's good. utt a very good experience. >> and you got great training for that, audition after audition. what will we be hearing? >> i will be playing the second half of this piece. >> thank you. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ >> amazing. thank you very much. lets bring everybody back in if we can. our thanks to the talented musicians of the maryland classic youth orchestra. congratulations to you, all, and thank you for truly making our day. what a treat this sunday morning. now back to news 4 today. enjoy the rest of your sunday, everybody. >> thank you. >> fantastic. thank you. >>> an early morning celebration on the runway. an historic flight touched down on the runway al dulles. >> i'm richard jordan. >> and i'm erika gonzalez. happy father's day. go get that gift. >> chuck bell, first check of the forecast now. we knew this morning, a state of the art solar plane at dulles airport about to go on display. you can see it. details from chuck a li

also looking at peabody, stock down over 7% as analyst said they're cutting back on coal buying and not> we're in global sell off mode. naft, with markets in china down over 5%, stops down 1.2 and ten-year treasury yields reached the highest levels in nearly two years. we'll tell you what you need to know to get through all of it. >> we'll start with the markets in china fears over the state of the economy there, what it means for the rest of us may not big reason for the plunge in u.s. markets today. our chief international correspondent can explain just what happened in shanghai over night. >> if you're just waking up on the west coast, show what you happened in shanghai. the stock market got hammered, fell by more than 5% because of commentary in the papers over the weekend and most of the newspapers are backed by the government and voices of the government and basically made it clear the central bank of china intends to keep money tight. there is a new sheriff in town and you should get used to a new monetary policy. that being said, take a look at what happened to shibor, the shang

>> general peabody has been repairing the levies and using the funds that have been appropriated during the supplemental rapidly, and so i think it's recovering very well. right now, there's heavy flows, heavy waters down in the lower mississippi, and not -- has not been significantly impacted from the damage that we had from 2011. >> excellent. finally, in october 2012, there was lock hours of operation due to stagnant funding and the need to address a growing list of maintenance projects. currently, is it -- is it currently possible for the corp. to accept non-federal funds to increase hours of operations of corp. operated locks? >> we're looking at that specifically as how to address that, the concern where we have for what i call levels of service. if you have over a thousand lock cartilages a year, we'll continue to provide the 24/7 service folks are used to. if there's less than that, we reduce the levels of service on the graduated scale. we've got a team trying to figure out how to pull together the public-private partnership on how to transfer some of the lockage responsibiliti