penney. june sales were disappointing. the company cut its quarterly earnings estimate, and the stock fell more than 1%. this jump in june came when penney's announced the head of apple's retail business, ron johnson, would be joining it as c.e.o. this fall. "the wall street journal" reports his role will be limited initially to marketing and merchandise at first. teen retailers heated up. zumiez shot up 10%; american eagle and aeropostale gained at least 6% each. this final note on retailing-- credit and debit card processors visa and mastercard added about 2% each. visa expects revenue to grow about 10%, despite the federal reserve's new cap on what banks can charge retailers for accepting debit cards. customer services firm apac will be going private. a private investment group of j.p. morgan will buy the firm for $8.55 per share, a big premium over last night's price, sending shares rocketing up more than 55%. volume exploded, too. and that's tonight's "market focus." >> susie: the nation's housing crisis is creating a

i stole this from penney's. this from penney's.awer, i pick things out that i want and then i go into the back to try on and the ones that i want i tear the tabs off and wear them. i may have two or three bras on at one time. i put my clothes over them and walk out. >> after bragging about her skill at stealing lancaster gets down to business. >> so what do you want? >> as many trazodone and whatnot as you can. >> she was repeatedly stealing drugs from the nursing home. she would take it from patients' trays. >> what i did is a patient went to the hospital and they had a cart of them and i just took the cart. >> she would take it from the narcotics cabinet, in any way, shape, or form that she could. >> is that enough? because i need to save some for me. >> yeah. these in here? >> yeah. they're 150 apiece and that should knock you out. don't do more than two of them. >> don't do more than two? all right. >> because you're not used to it. i can do two. >> just take one to help me sleep? >> if all you want is to help you sleep you cou

around the world -- the penney has dropped. shareholders have dropped off about $2.5 million of the value of shares. in terms of advertising in the u.k. for these newspapers, especially "news of the world," have been dropping off. ford, the british arm of general motors, and mitsubishi. it does seem like the age we are living in now -- is companies want to show they are showing social responsibility. news corp., the global empire, makes $3 billion per year and earnings. the u.k. newspaper side only represents 4%. take a listen. >> even with a sustained withdrawal of advertising revenue and a loss of readers, the entire group can probably handle that from a financial perspective. however, the knock on effect of this is substantial. clearly creates concern among investors about the ways the company is handling this, the systems and control, the quality of the governance. that hits the share price. that wipes off billions of dollars of value from the company. >> we just had some news that the mobile phone company, 02, has also pul

every penney penny borrowed to create, stimulate jobs, they said. we're going to redon't our infrastructure, they said. it with a not done that way. it was social spending overwhelmingly. and it didn't create growth and economics -- in the economy. so i'm -- and then another reason we have the debt is because the baseline spending was surged under the democratic leadership and president obama. non-defense -- defense department has gone up 3% or so the last couple of years in spending. non-defense discretionary spending, the things that we do, like energy programs and road programs and aid and grants and things we spend around, that went up 24% in taboo years. -- in two years. t-and we're having a dropoff in income a dropoff in tax revenue revenue, and we increase spending dramatically. we never had 10% -- 12% increases in spending a year. and hold your hat. the budget that the president submitted to us in, what, i believe february of this year, several months ago proposed increases for the education department of 10.5% proposed increases for the sta

it protects social security and medicare without raising a single penney of revenue and most importantly it is a long-term strategy to safeguard the economy and give the markets when they need. it would not put us through all this again in a few months, and with even less certainty of achieving compromise than now. british prime minister david lloyd once says, "there's nothing more dangerous than to leap a chasm in two jumps." that's really true. congress has a duty to do what it takes to avert a default in one swift leap. it will take political courage. i urge all my friends, democrats and republicans, to join hands. we can take courage from one another and make that leap together. because if we don't clear this chasm, our nation's economy will go over the edge with us. madam president, i would note the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: mr. mcconnell: madam president? the presiding officer: the republican leader. mr. mcconnell: i request the quorum call be dispensed with. the presiding officer: without objection. mr. mcconnell: yester

they said it is wrong, but if they issued them today, there has to be our and take every petite -- penney. thank you. i've been trying for two years to get on this thing. host: thank you for your persistence. two concerns about benefits people here he legally can collect. what is the real situation? guest: if they pay into the system. host: health insurance? guest: under the health bill they will not, but in new york, the city i represent, we have public hospitals. if somebody is hurt, we take care of them in public hospitals. so, you end up paying in a sense because we take care of everyone. we are not going to let somebody die on the street, or give the baby on the street. honda -- under the health insurance plan, it does not cover in legal immigrants. host: the first, it was the rolling back of the bush era tax cuts. you commented on that earlier. i will use that as a segue into this your proposal, wanting to know how you feel about a transaction tax for certain stock trades on wall street? guest: that always comes up as a possibility. i think everything is to be put on the table, but