would steve jobs have done that? we'll look at that coming up. >>> then, if a body is found buried in your front yard, will you move out? maybe not if it's the long lost body of jimmy hoffa. could make that home a landmark. that and more coming up on the "closing bell." stay with us. >>> certainly it was a solid third quarter for the stock market, but then you look at energy prices and how they fared. that's a different story. >> yeah, you know, if you look at oil prices here, crude prices are still down today, but what a quarter it has been. all the worries about the tensions between iran and israel with those iran sanctions going into effect at the beginning of this quarter also helping to boost. the big story this quarter, and certainly today, has been gasoline. despite the fact that normally we see prices starting to come down during this quarter, they have actually ratcheted up the best quarter we've seen in years. today we had a huge explosive short move at the end of the day, maria, that really, really punctua

are you deciding what is happening coming down the pike >>> there is all still steve jobs products. or this to happens after he's been a year or 18 months past his death when it is his team is innovating. that is the key and their plan is done. if we get into middle of 2013. >>> will take a break. we also talk about what the future of tv and radio will be on a way we have these little things. >>> he knows everything about technology. but in using it. i'm addicted. are we smart about the stuff or stuff it more convenient? >>> it is a little bit of both. world kind of like pyramid were at the top by a small population and down the bottom you have the folks that barely understood. is not that way anymore. is the lamp it's got more near work. in this big broad base of people they're mystified by technology is not the case anymore. people use the internet but this is in san francisco everybody is online. and, the products of that much better than being transparent and intuitive. i do not have to scratch my head and figure out how to use it. >>> that makes sense. and when you go on and yo

i do not think -- steve jobs working in his career came up with stuff. i did not know that steve jobs was working in that group on the computer. we want to have space for that. we need space for innovation, it is a constant challenge. the power of the conventional is so overwhelming and the convergence is so powerful that to try to innovate is exhausting in government. let me tell you. in spite of that, i am ready for several more years of innovation. i hope you are. i hope california is. [laughter] [applause] >> for this next question, let's pretend that president obama is sitting in this chair. but pretend this is a private room -- let's pretend this is a private room. we need everyone out there to be quiet. if you were here along with the president, what are the two things you would tell him you need to make your state more competitive or all states more competitive? >> i think and i am an unabashed supporter of the president. i do not think all his policies are perfect but he has done a remarkable job of coming into an almost impossible situation in

>> they must hate iphones as much as steve jobs hated adobe and google. >> china mobile may not want to be in that camp where they have to lay out these subsidies. it's a big unknown in terms of the ability of the company to actually gain share. >> we need to find their new president, first, before -- >> that's true. >> right. missing for 11 days. >> he may not be missing. maybe just some place not known to us. >> known as missing. >> that cannot be good for the chinese consumer that reacts to thins of that nature. they've tried to not allow it to get around in china, but i believe it is getting around. >> if google -- if google -- >> if they pull back -- >> search, where's the president? nothing comes up. >> siri, where's the president? >>> facebook shares up since mark zuckerberg's interview. he called facebook stock's

this has his finger prints all over it. -- this has steve jobs fingerprints all over it. >> we should have a definitive answer on that. early indications are the new iphone will be in stores on december 21. in san francisco, j. gray, wbal- tv 11 news. >> now, your 11 insta-weather- plus forecast with a memova mar. >> our beautiful weather continues. 77 downtown at the inner harbor. 75 in columbia. i would not be surprised if we get close to the 80 degree mark as we look into the afternoon. the heat is pushing right back to the east. much warmer if you look into texas where they are in the 80's are ready. what a contrast in kansas and colorado. -- texas in the 80's already. very cool air coming in behind the latest cold front. this will move our way eventually, getting there at least by friday night, maybe into saturday as well. you can see that on the satellite picture with a lot of clouds associated with it. as the storm tracks across the east, i think a lot of it will fall apart. even though the front may move to our area, we may not see a whole lot of rain out of it. we will watch

would steve jobs have done it this way, mandy? >> that's a very good question. with the minus signs still on the board, folks, stocks well off their lows. dow was down as many as 118 points earlier, and despite today's remaining losses it's still on track for its eighth monthly gain out of nine so far this year. the s & p 500 is also about to conclude a high september and third quarter but it is limping to the finish. right now on track for its sixth loss in seven sessions and eight down days out of the past ten. here's some more stats. nasdaq also down today but it is on pace to chalk up the biggest third quarter gain of the major averages, up about 6.5% over the past three months. i'll take that any day. let's turn it over to bob and rick on these markets. bob, i'm going to get out to you first of all. so much for d cumming, right? we did it again yesterday mir reporting when we got those results from spain. are markets smooth to off their lows? >> recapitalization about in line with expectations. i think more importantly a lot of people are straight the fourt

and he mentioned steve jobs by name.advanced techs, he says we believe this little girl could be the founder of the next google. no mention of google in the advanced text. he rarely does that, because he's vetted the speech so carefully. >> i think he probably just broadened it out rather than having it google specific. what's interesting is that every turn, this party as the republicans did, went to women. it wasn't a little boy, you know, dreaming, it was a little girl dreaming of becoming the first steve jobs or the next president. the next founder of google or however he said it. the interesting part is both these parties just pounded home and you know why? because you can't win fout the female vote. >> he mentioned steve jobs and most of the work apple does is where? >> in china. >> i want to thank all of our analysts, our reporters and i want you to know that our cnn politics facebook page is -- we have the answers to tonight's question, who gave the best speech of the democratic convention? 2% say vice president b

did they mean steve jobs? >> exactly. this is supposed to be the model for the 21st century. what is the apple economy? much of the workforce is based in china, the third world countries. the jobs in the u.s., it is not all these engineering or created jobs, but basically this contingent overwork work force. this is not any sort of economic model that is going to address the severe structural economic crises afflicting this country. >> we are appointed take a break, then come back. arun gupta is with us and craig unger has just published a new book called "boss robo." when we come back, we'll hear one of craig unger's interactions with karl rove this week. stay with us. ♪ [music break] >> this is "democracy now!," democracynow.org, the war and peace report. i'm amy goodman. from tampa, florida, this is "democracy now!" breaking with convention: war, peace and the presidency. next to we will be covering the democratic nafta convention in charlotte. we are here in tampa. it is the morning after, the morning after the republican presidential acceptance address of mitt romney. our

. >> steve jobs. >> steve jobs. >> god bless the united states of america. >> god bless these uniteds. ( laughter ). >> stephen: folks, with that much in common, it's good to know they can still despise and distrust each other. folks, it's actually what they agree on that divide us the most. you see, they agree that he created obamacare. they agree that he bailed out detroit. they agree he passed the stimulus. that's where the clear choice comes. because all the republicans are saying is our country needed help, and look what balm did. obama did. well the democrats keep saying, our country needed help, and look what obama did! ( cheers and applause ) and, folks, and, folks, that vast distinction means this is not just the most important election of our lifetimes. it's actually the most important inflection of our lifetime. ( laughter ) back to you, stephen. thanks, stephen. that was good? ( laughter ) we'll be right back. ( cheers and applause ) ♪ ♪ >> stephen: welcome back, everybody, thank you very much. thank you. folks, i have to tell you as disturbing as watching the democrats d

public sector out to me people out there and whatever any help would this have happened if steve jobs still alive and we're seeing that with the snap there with the i phone five now they've already google maps narrow minded general sure that's a good because you just look a little bit but the point is. bringing up with this is happening steve jobs are alive i mean if you can never understand i mean it's kind of factual you know a bit about that yes turner for example steve jobs was alive but so you think in this one no competition for apple i think that we're seeing worthless or you don't i mean are you going to tell you don't you know there's a growing underbelly we've got a lot more incredibly intelligent branding and bizarre terms you could actually convince someone of their drinking sand when they're drinking up and they're going to get water to drink and sat. there i don't know what you're saying but let's just go on one margaret. around here are where what happened here and just well before we go there's a story out there plenty by a household that's still like that we know that

>> of course is different from steve jobs but tim cook it an awesome job presenting >> a lot of fans love this bone. wall street seems to like it and apple finished up about 9 points today. >> does the whooping cough shot re,, >> construction crews may have dug up part of something that has been dead for 11,000 years. a tooth and a job on that could be part of a prehistoric animal were found 100 ft. beneath the surface of a new trans base center job site. crews believe they discovered a tooth belonging to a prehistoric elephant. >> a construction worker actually found it on monday here at this site on beale street south of mission street. an archaeologist was summoned to and he identified it as a colombian mammoth. the tooth and part of a job piece together are about the size of a football. at one point they belong to a prehistoric elephant, a colombian mammoth that live to about 11,000 years ago. >> we have nice the national preservation >> while it is a rare find, paleontologists jim allen says it is not terribly unusual to have them leave here well before there was even a, at

neil: have or even steve jobs? >> we were different people, but we had mutual respect. i have to tell you that steve was coming in and it was clear that he was going to be part of the team and so forth. it wasn't clear, in fact, i sort of had to have that figured out. he said in a private moment, he said what you have done in the last couple of years, it is something i couldn't have done. you did a great job. and i was totally surprised by that because that's not something steve usually said. and i turned around and said that i can't do the job you're going to do. and that was also true. i think there was a mutual respect, although we were two very different people. i am a phd scientist. i tend to be much more modest. i'm not a rock star. steve was all of the other things. i am conservative and steve is liberal. and so we had this. neil: would you have been aggressive at suing the same song company and all these others -- steve jobs was very much concerned about companies ripping off a lot. >> i would have done the same thing. now, the unintended consequences, frankly, w

take steve jobs, he has not contributed, you were giving statistics about gdp, to say steve jobs or some other brilliant entrepreneurs like him do not contribute to growth of the gdp of this country or the others that is a horrible inbelievable thing to hear, it is pure dem goingry. -- demagoguery, i have no other way of saying it but that is a stupid statement. neil: for secretary of state to have a global view that the rich are not helping their countries out, and they should pay out, shows the economic ignorance. >> that is right, that highlights difference between obama and romney, obama wants to pain the picture there is a few nigh-- a finite pie, and with romney, everyone can have a bigger pie and share in it, hopefully he can make that vicible to people. whether we have the debates. neil: we'll see, wayne thank you very much. mitt romney is trying to focus more on voters, but republican saying unleashing paul ryan is the g.o.p.'s real ticket to a enough win. >> from program that brought you solyndra. comes another solyndra, we could be betting burned again. climate change. believe

steve jobs was fired at apple. and then he came changed the world. it's the genius of the american free enterprise system to harness the extraordinary creativity and talent and industry of the american people with a system that is dedicated to tomorrow's prosperity. america's been patient. americans have supported this president in good faith. but today the time has come to turn the page. now is the time to restpromise >>> do you think the majority of americans agree that it is time to turn the page? >> i think the majority of americans agree it is time to turn the page but not necessarily at the presidential level. i think most americans sat back this week and listened, heard a lot of really smart rhetoric and sit back and can't help but think to themselves the day barack obama got elected we had a republican congress that decided their answer to governing with the taxpayer dollars that paid their salary would be to say no. we have people on wall street who fairly or unfairly are sitting on millions of dollars they refuse to put back into the privat

was different without steve jobs, but tim did an awesome job presenting. >> apple announcements have been very secretive in the past under the steve jobs era, but this time a lot of features and specs actually leaked out ahead of time such as the new connector that will come with the new iphones 5, interestingly that new connector use is eight pins instead of 30 pence but it does not use the newest technology which is wireless charging or you can actually just put a phone on top of a charging pad, and you don't need to connect anything, a lot of new funds have that an apple chose not to go with that technology in this phone. in some ways, a lot of the competitors are catching up or surpassing apple in some ways. >> if anyone from apple is listening, do not make it too big that it will not fit in my back pocket, that is all that i am asking. >> they have gone longer but not wider. >> thank you. >> other bay area headlines, first from the north bay, police released this surveillance video of an armed robbery. the suspect wearing a red hooded sweatshirt and a ski mask, he goes into a sh

in the old days it was the steve job show. there from beginning to end showing off the product the demos. tim coke plays the m.c. role, he comes in and introduces the head of marketing the head software guy and they do the presentations. i think people feel pretty comfortable with him and that's more important for a business the stock is up 75% since he took over just a year ago. that's $280 billion in value he has created. >> what is it--what do you expect? there has been estimates 10 million units will be sold by the end of this calendar month today. the first day of pre-order and shipping is a week from today. what do you expect? do you think those numbers will be exceeded? >> it's hard to predict. the analysts are saying 60 million units by the end of the year. they were launching last year's phone. it was launched a little later in the year, a little ahead of the holidays. stock is at an all-time high and it looks very bullish. >> thank you for being here. it will be exciting. you can purchase pre-orders today and we shou

also steve jobs as you have never seen him before.see what we're talking about right after this. as we head to break look at this morning's early movers on wall street. now, that's what i call a test drive. silverado! the most dependable, longest lasting, full-size pickups on the road. so, what do you think? [ engine revs ] i'll take it. [ male announcer ] it's chevy truck month. now during chevy truck month, get 0% apr financing for 60 months or trade up to get the 2012 chevy silverado all-star edition with a total value of $8,000. hurry in before they're all gone! with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. take a look at the data feedback. ibm up by

what steve jobs said about marketing most do you do marketing surveys? is that now, people don't know what i wanted to we show them. that's an entrepreneurship is. they do things you didn't even know he'd needed. today's luxuries become tomorrow's necessities. today's things that are highly expensive and scarce become abundance tomorrow. and a high-tech thing today, tumor becomes cheap and available like cell phones, tvs, flatscreen tvs, 15,000 of years ago. 500 bucks today. constant creativity, people doing new things. >> lets very quickly go back to what we talked about in same symbols. would you do want to pay my taxes? dvd pay enough taxes today? >> well, i certainly pay enough to one of the things they point out in the book apprentice to the mark, "the wall street journal," the top 10 earners pay more income tax proportionately at the top% and any other industrialized country. so there is not a shortage of taxpaying. the key thing is how do you get a system that encourages more creativity to the government ends up collecting more. surveys have shown

steve jobs taught himself even then to astaire without blinking. and he stared and kept saying don't be afraid. you can do it. he said there was amazing. after awhile he said i went back to my little cubicle and sit at four nights a narrow that really is a distortion field over and over again was able to help steve push people to destruction, pushed them to enter and push them to do what they thought impossible. even with the original macintosh, the one i mentioned to you, it took a long time to boot up. it took more than 70 seconds almost as slow as a microsoft machine. so she said you've got to take ten seconds off the boot up time. he says well, steve, its elegant. i don't think i can do it. he said if you can save human life, would you do it? he said i guess so. so he goes to the white board and says there will be a million macintoshes they will be booted up and get published. if you shave ten seconds off you're going to save the equivalent of 130 lifetimes. then he looked at cannes in and said don't be afraid. you can do it. he said i went bac

. >> reporter: back in 2010, a defiant steve jobs waited weeks before acknowledging an antenna problem in the iphone 4. >> then, there are customers that are having problems with iphone 4. and i apologize to them. >> reporter: a rare concession from a man whose drive for perfection made apple number one. given how detail oriented steve jobs was, one has to wonder if something so blatantly obvious would have happened under his watch. >> i think on one hand, we can definitely assume he would have been really meticulous and found these errors. but on the other hand, this could have been his fault. he was really pushing for a separation between google and apple. >> reporter: and apple ceo today suggested that customers continue to use google maps and other rival products until apple works out the glitches in its own program. clearly a humbling day for him. >> your iphone alarm still works for "gma" in the morning. >> reporter: i'll be up early. >>> so much ahead on "world news." the political power couple and the very public breakup. tonight, what we've never heard from arnold schwarzenegg

when steve jobs was alive, you would rather own a piece of jobs. with jobs not with us, you would rather own a live symphony than a late virtuoso. second, google's pulling away from the internet competition while apple now just seems one step ahead of the sam sungs posse, a posse that's backed by google software, software that's universal liu praised. i was more worried about facebook cutting into google's business a year ago. now i'm hearing that facebook might go in against google search someday. yahoo! may be getting its focus back, but i'll believe it when i see it. bing? bing. google is the once and future king of search. third, i was worried about the overpay for the motorola acquisition, but we just got a terrific piece of research this morning. i really urge you to get it from mark m hainy at citigroup. talking about how google's gotten its money's worth from that deal and more so. finally i've been hoping that apple would find a way to assert itself into social media the way it has come to dominate the other two tech, mobile and the cloud.

no one is heir to steve jobs when it comes to brilliance and he was good friends with steve jobs ands is 80,000 strong and it gets people going about the cloud. people don't want to own the pcs. they want to own the cloud. sales force is the cloud. >> we'll see you tonight. >> oh, man, all fired up. great show, man. >> great show. 6:00 and 11:00 p.m. eastern time. don't go away. [ engine revving ] ♪ [ male announcer ] every car we build must make adrenaline pump and pulses quicken. ♪ to help you not just to stay alive... but feel alive. the new c class is no exception. it's a mercedes-benz through and through. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. through mercedes-benz when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our

called a second out to me and people out there and whatever any help with this it happened and steve jobs still alive and we're seeing that with the snap there with the i phone five now. it already does them out there and her genitals are good that's a good because you're just ok. but the point is they never bring up when if it happened if jobs are alive i mean if you could never understand i mean it's a kind of factual you know a bit about that yes no or for steve jobs was alive but so you think in this one no competition for apple i think that listing worthless for your own kind is going to tear you down or you know there's a growing undervaluation a lot more incredibly intelligent branding and bizarre terms you can actually convince someone of their drinking sand when they're drinking up and they're going to get water to sap. your i don't know what you're saying but let's assume someone margaret. around here are where what happened here and just well before we go there's a story out there what it by a household that's still like that we know that that makes a problem with the template

public sector out to me and people out there and i am whatever with this it happened if steve jobs still alive and we're seeing that with the snap to when the i phone five now it already google maps their mind at general sure that's a good because you're just a little bit scared but the point is never to bring up with if it happened if jobs are alive i mean if you could never understand i mean it's a kind of factual you don't know what would happen just over for steve jobs let them live but so you think and this one no competition for apple i think that they're seeing worthless or your own are going to tear you down or you know there's a growing underbelly we're going to bump more incredibly intelligent branding and bizarre terms you can actually. thank you sam how you know i don't know what you're saying but let's i know margaret you're around here are where what happened here and just well before you go there is a story out there plenty by a household that's still like that we know that that may have problems unemployment here just nine hundred twenty nine gave rise to this is the forc

steve jobs did the same thing he took the jobs out of china and that is a competition we have with china and how we can give them ideas in some kind of a taxation or something that is taken from us. that is the most difficult part of the entrepreneurship. >> i think your question is how can we keep mass production when the cost advantages are tremendous in places like china. >> labor costs are often about 10% of the product cost said there is a lot more that goes into it. it's also the subsidies that the chinese government is giving when they get free land and rent it is the currency issue but there are several signs. one of the r. huizenga slowly. transportation costs and fuel costs have increased and would be the natural gas in the united states of the manufacturing cost and the alternative manufacturing costs are coming down so the equation is a little more balanced. that said, in the case of apple they do their prototype manufacturing here so where the have to integrate can't design the production to make the iphone, they do that here to the offshore the mass production and that is t

. >> here i am telling you how good a job i think romney did on this thing. >> steve kroft only attacks for not following up on what he said for liberals. >> he said the republican congress, it's your job as a leader. >> he asked why did you spend a year and a half on obama care fiddling while the economy crashed. >> we didn't talk about romney's taxes but that's separate issue. >>> more stories including a major apple supplier halting eruption at its chinese factory after violence erupts. i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. there's natural gas under my town. it's a game changer. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the econo

this comes almost one year after the death of steve jobs >> i have the old iphone and it is outdated and it is time for an upgrade. i am a true apple girls so i will never stray from the apple brand. >> some people have reportedly been standing in line just to sell their spots and others to promote their own businesses. we can expect sales to take off all day and all week. >> coming up, the shuttle endeavor getting ready for its final trip over the bay area. we will have a live report from southern california coming right up. >> a dirty dilemma, what they're being told to avoid for health reasons. >> a,,,,,, (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's a kicker... again, again! oh, no you don't! take a step forward and chase what matters. >> the shuttle endeavor comes to the bay area later this morning for the only time >> it will fly over several locations before it becomes a museum exhibit. juan fernandez is that the edwards air force base wh

. >> i know steve jobs is an icon as he should be. at the democratic convention last week the details that a lot of these phones are made in china, and it doesn't look good in that respect but momentum is momentum. yeah, although that is true, a lot of these parts are made in china for the phones, but it doesn't matter. because arm pple to most voters a symbol of the brand says something about american businesses whether or not the parts are made abroad. people view apple and steve jobs as a symbol of the american success story. that is why you saw democrats and republicans bring up his name as a brand at the respective conventions in the last two weeks. >>> always good having you. >> the virgin mary depicted as a suicide bomber. that's fine. mohammed in a movie. that's fury. .. every move i make is a statement... ♪ ...that inspires me to make my mark. ♪ [ male announcer ] the all-new lexus es 350. ♪ >> leaders around the world condemning the mob killing the u.s. ambassador. the attacks on libya and egypt aren't the first violent acts

. >>> a plea hearing has been postponed for the man accuses of breaking into the home of steve jobs. today the judge granted a delay until october 27. mcfarland is accused of breaking into steve job's home on july 17 and then trying to sell some of what was stolen. he is charged with two felonies. >>> a parent of a child allegedly abused by a special ed teacher in redwood city has filed a $1 million claim. it seeks compensation from suspect alexia bogdis. she will stand trial on five misdemeanor counts. >>> police are investigating at least three incidents in which a man entered people's homes in the university village area in albany. in one case, the man posed as a maintenance worker to get into the woman's apartment, exposed himself, then ran away. the suspect is described as a white man, about 50 years old, with gray hair. >>> a controversial immigration bill, the trust act, would limit local law enforcement's ability to cooperate with federal immigration. one anti-immigration group says the measure sends a message that immigrants won't be deported if they commit a crime. >> this

the release comes almost the year after the death of apple founder steve jobs. she says is why she's been hisses greeted yesterday afternoon. >>> because i had of life on foot and its outdated. i love apple products at a time they tried and true that will go. >>> some people have been reported to been steady among justice all the spots or are doing it to promote the own businesses. in brazil and australia steve was and yet another apple co-founder steven london because that's where it first went on sale. >>> this is new york. what to the new york. that is one big line. people will be in line for a form. the soros 7038 up there. >>> would you go to our show just to get a phone? oshkosh >>> at that point it's not just about the phone is about the party. a woman has major injuries after she was pinned under and has the v that crashed into a central focal restaurant. it jumped a sidewalk and crashed into this restaurant. the 78 year-old woman was pushed from the sidewalk into the restaurant. there wasn't much traffic on the street because of a farmer's market. >>> t