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i'm susie gharib. goodnight, everyone. and good night to yo paul. >> paul: gdnight susie.aul kangas wishing all of you the best of goo buys. "nightly business reportis made possie by: this progr was made possible by contributionso your pbs station from viers like you. ank you. captioning snsored by wpbt captioneby media acce group at wgbh access.wgbh.org Ü
i'm susie gharib. goodnight, everyone. and good night to yo paul. >> paul: gdnight susie.aul kangas wishing all of you the best of goo buys. "nightly business reportis made possie by: this progr was made possible by contributionso your pbs station from viers like you. ank you. captioning snsored by wpbt captioneby media acce group at wgbh access.wgbh.org Ü
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Sep 11, 2009
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i'm susie gharib. goodnight, everyon and good night tyou, paul. >> pau goodnight susie. paul kangas wishing all of you the best ofood buys. "nightly business rert" is made psible by: this programas made possible by contributions tyour pbs station from viewe like you. thk you. captioning spoored by wpbt captioned media accessroup at wgbh cess.wgbh.org Ü
i'm susie gharib. goodnight, everyon and good night tyou, paul. >> pau goodnight susie. paul kangas wishing all of you the best ofood buys. "nightly business rert" is made psible by: this programas made possible by contributions tyour pbs station from viewe like you. thk you. captioning spoored by wpbt captioned media accessroup at wgbh cess.wgbh.org Ü
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Sep 17, 2009
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i'm susie gharib. goodnight everyo, and good night you, paul. >> paul: goodnight, susie. i'm paul kangas wishg all of you the st of good buys. "nightly business rert" is made psible by: this program was made ssible byontributions to your pbs statiofrom viewers like you. thank you. ptioning sponsored by wpbt captioned by media accessroup at wgbh cess.wgbh.org
i'm susie gharib. goodnight everyo, and good night you, paul. >> paul: goodnight, susie. i'm paul kangas wishg all of you the st of good buys. "nightly business rert" is made psible by: this program was made ssible byontributions to your pbs statiofrom viewers like you. thank you. ptioning sponsored by wpbt captioned by media accessroup at wgbh cess.wgbh.org
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. >> sus: and i'm susie gharib. thiss "nightly business report" for wednesday, sepmber 16. "nightly business report is made possle by: this program wasade possible by contributions to your p station from viewers like yo thank you. >> susie: od evening everyone. finally it's her the "gang of six" unveiled toy its long- awaited health care bill this $856 billion propos from three democrats and three republicans on theenate finance committee calls for insurance coverage forll americans. it does t include a public health insurance option. but spite the group effort and months of negotiations, the ll has no repubcan support. stephanie dhue rorts. >> rorter: senator baucus called his hlth care reform plan a good beginng. the proposal wouldequire most indivials to buy health insurancor pay a fine. insurers would not be ab to deny or cancel covage for sick people. >> it's common sense bill that can pass the sene. >> reporte the proposal has subsidies for lor income americans to pay for coverag while there is nmandate on employers to provi coverage, compies with more than 50 workers
. >> sus: and i'm susie gharib. thiss "nightly business report" for wednesday, sepmber 16. "nightly business report is made possle by: this program wasade possible by contributions to your p station from viewers like yo thank you. >> susie: od evening everyone. finally it's her the "gang of six" unveiled toy its long- awaited health care bill this $856 billion propos from three democrats and three republicans on theenate finance committee calls for insurance...
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. >> susie: and i'm susie gharib. this is "nightly business report" for friday, september 11. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. >> susie: good evening, everyone. wall street is readying for a visit from president obama. >> he'll be on wall street delivering a major address about the financial crisis on the anniversary of the collapse of lehmann brothers. it's the event that many believe triggered the greatest economic crisis since the great depression. tonight, the president's top economic advisor, larry summers, updates us on where things stand with the economy and the nation's financial system. washington bureau chief darren gersh met with summers and asked him how we're doing one year after lehmann? >> after lehmann, the economic discussion was whether the recession would turn into depression. today the economic discussion is when the recession is going to end, and most experts are looking for significant economic growth in the third and fourth quarters of the y
. >> susie: and i'm susie gharib. this is "nightly business report" for friday, september 11. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. >> susie: good evening, everyone. wall street is readying for a visit from president obama. >> he'll be on wall street delivering a major address about the financial crisis on the anniversary of the collapse of lehmann...
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. >> susie: and i'm susie gharib. this is "nightly business report" for monday, september 14. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. >> susie: good evening everyone. president obama delivered a stern warning to wall street today: "we will not go back to the days of reckless behavior." those harsh words came on the eve of the one-year anniversary of the financial crisis, when lehman brothers collapsed. speaking at federal hall in new york's financial district, the president said the economy is beginning to recover. but he cautioned "normalcy cannot lead to complacency." he urged wall street to embrace his plans for overhauling financial market regulations. >> these reforms are rooted in a simple principle: we ought to set clear rules of the road that promote transparency and accountability. that's how we'll make certain that markets foster responsibility, not recklessness, and reward those who compete honestly and vigorously within the system, instead of those who try to
. >> susie: and i'm susie gharib. this is "nightly business report" for monday, september 14. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. >> susie: good evening everyone. president obama delivered a stern warning to wall street today: "we will not go back to the days of reckless behavior." those harsh words came on the eve of the one-year anniversary...
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i'm susie gharib goodnight everyone. and good night to you paul. goodnight susie. >> paul: i'm paul kangas wishing all of you the best of good buys. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> announcer: outdoors maryland
i'm susie gharib goodnight everyone. and good night to you paul. goodnight susie. >> paul: i'm paul kangas wishing all of you the best of good buys. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> announcer: outdoors maryland
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i'm susie gharib. goodnight everyone. and good night to you paul. goodnight susie. i'm paul kangas wishing all of you the best of good buys. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> announcer: this program is made by mpt, to serve all of our diverse communities, and is made possible by the generous support of our members. ♪ so get ready, ready, ready cuz here we come ♪ >> get ready for one of the hottest new shows on pbs. these women can sing up a storm, and artworks sits down for a chat with the ladies known as 3 mo' divas! [captioned by maryland public television]
i'm susie gharib. goodnight everyone. and good night to you paul. goodnight susie. i'm paul kangas wishing all of you the best of good buys. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> announcer: this program is made by mpt, to serve all of our diverse communities, and is made possible by...
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i'm susie gharib good night, everyone, and good night to you, paul. >> paul: good night, susie.s, wishing all of you the best of good buys. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> announcer: outdoors maryland is made by mpt, to serve all of our diverse and is made possible by the generous support of our members. >> narrator: coming up... by chesapeake wa
i'm susie gharib good night, everyone, and good night to you, paul. >> paul: good night, susie.s, wishing all of you the best of good buys. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> announcer: outdoors maryland is made by mpt, to serve all of our diverse and is made possible by the...
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susie gharib is on assignment. this is "nightly business report" for thursday, september 24. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt >> suzanne: good evening, everyone. the group of 20 begins its two- day meeting in pittsburgh tonight with a search for common ground and questions about how much they'll actually get done. the leaders of germany and france continue to call for tougher regulation of the financial industry. president obama, who is hosting the gathering, is expected to push for a re-balancing of the global economy. joining us know with a preview of the g-20 agenda is washington bureau chief darren gersh. welcome. >> hey, suzanne, how are you. >> good, thanks. talk about the rebalancing of the global economy. exactly what does the u.s. expect to happen? >> well, rebalancing is kind of a code word. basically what it means is that the united states wants to get a new position where we are borrowing less from the rest of the world an
susie gharib is on assignment. this is "nightly business report" for thursday, september 24. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt >> suzanne: good evening, everyone. the group of 20 begins its two- day meeting in pittsburgh tonight with a search for common ground and questions about how much they'll actually get done. the leaders...
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i'm susie gharib. good night, everyone, and have a great weekend. you, too, paul. >> paul: and you, as well, susie. i'm paul kangas, wishing all of you the best of good buys. "nightly business report" is made possible by: caption test caption test caption test caption test this program was made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org we are pbs. >> we are pbs.
i'm susie gharib. good night, everyone, and have a great weekend. you, too, paul. >> paul: and you, as well, susie. i'm paul kangas, wishing all of you the best of good buys. "nightly business report" is made possible by: caption test caption test caption test caption test this program was made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org we are pbs. >>...
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. >> sie: and i'm susie gharib. this is "nhtly business rert" for friday, september . "nightly busins report" isade possible by: thank you. captioning snsored by wpbt >> susie: od evening, everyone. world leads have wrapped up thr meeting in pittsburgh with a pledge to sustain thei economic smulus programs until a durable recovery is secud. the 20 leaders warned, as econom recovery takes hold, a sense of normalcy shou not lead to compcency. but as darn gersh reports, critics say the leers record oninancial regulatory reform does not match their rheric. >> reporter: the predent declar the g20 summit he hosted a sucss, saying it had la the groundwork for long- term prosperity. >> today, took bold and concerteaction to insure that prosperity, and forge a new frameworfor strong, sustnable and balanced growth. >>eporter: g20 leaders also agreed to clamp down opay packages for bankers, endoing les to tie compensation to long-tm performance. th also pledged to eliminate suidies for fossil fuels that contrite to greenhouse gas emissions. they also agreed to revi g20 mber nation
. >> sie: and i'm susie gharib. this is "nhtly business rert" for friday, september . "nightly busins report" isade possible by: thank you. captioning snsored by wpbt >> susie: od evening, everyone. world leads have wrapped up thr meeting in pittsburgh with a pledge to sustain thei economic smulus programs until a durable recovery is secud. the 20 leaders warned, as econom recovery takes hold, a sense of normalcy shou not lead to compcency. but as darn gersh...
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. >> suzanne: ani'm suzanne prat susie gharib is on assignmt. this is "night business reportfor tuesday, september 22. "nightly business report" is made possibley: thisrogram was made possible by contributions tyour pbs station from viewers le you. thank u. >> suzanne: goodvening everyone. one-sih of the economy is getting a make-or today on capitohill. the sete finance committee has taken up an historic rorm of the nation health care system. and before it was even out o the starting gat it was already being changed. senatomax baucus, the author of the bill s agreed to scale back the t on so-called gold- plated health insurance policies. but darren gersh reports, a key concern remains homuch the erage american will have to pay to buy covage. >> reporter:rom the very beginning, the hard work othe senate finance cmittee came down to balaing the cost of panding health care coverage with affordability strikinghat balance is the job of committee chairman ma baucus. >> no one should go bankrupt cause they get sick. this bill would fix that. >> reporte
. >> suzanne: ani'm suzanne prat susie gharib is on assignmt. this is "night business reportfor tuesday, september 22. "nightly business report" is made possibley: thisrogram was made possible by contributions tyour pbs station from viewers le you. thank u. >> suzanne: goodvening everyone. one-sih of the economy is getting a make-or today on capitohill. the sete finance committee has taken up an historic rorm of the nation health care system. and before it was even...
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, paul, r having me >> my guest, markleibovit of vrtrer.com. >> susie: that "nightly busine report" for friday, seember 25. i'm sie gharib. good nighteveryone, and have a great weekend. u, too, paul. >> paul: and you, well, susie. i'm ul kangas, wishing all of you the best of gooduys. "nightly business reportis made possie by: this pgram was made possible by contrions t captiong sponsored by wpbt captiod by media acss group at wgbh access.wgbh.org we are pbs. >> we are pbs.
, paul, r having me >> my guest, markleibovit of vrtrer.com. >> susie: that "nightly busine report" for friday, seember 25. i'm sie gharib. good nighteveryone, and have a great weekend. u, too, paul. >> paul: and you, well, susie. i'm ul kangas, wishing all of you the best of gooduys. "nightly business reportis made possie by: this pgram was made possible by contrions t captiong sponsored by wpbt captiod by media acss group at wgbh access.wgbh.org we are pbs....
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. >> sus: and i'm susie gharib. this i"nightly business report" for monday, septber 28th. "night business report" is madpossible by: th program was made possible by contrutions to your pbs station from viewers like u. ank you. >> susie: good evening everyone. a flurry of meers and deals todafrom some of the nation's laest companies. xerox, abbott labsjohnson & johnn, and others announced transactions worth $13 billi. the most talked about ontoday: xerox. it's paying almost $6.5 llion in cash and stock for "affiliad computer services," a provider of mputer services fobusinesses. the acquistion is xerox' bigst in its 103-yeahistory, and a bold move by the cpany's new c.e.o, ursula bus. when i talked her a short while ago, she explained w the merger is a "gamchanger" for xex. a.c.s. is the world'sargest diversified busiss products firm in the world. xerox captain largest documen firm ithe world. these two sets ofapabilities put togeer makes us a powerful match for anybody out there with a leing company for document and business-process managent in the world. >>s. burns, as you
. >> sus: and i'm susie gharib. this i"nightly business report" for monday, septber 28th. "night business report" is madpossible by: th program was made possible by contrutions to your pbs station from viewers like u. ank you. >> susie: good evening everyone. a flurry of meers and deals todafrom some of the nation's laest companies. xerox, abbott labsjohnson & johnn, and others announced transactions worth $13 billi. the most talked about ontoday: xerox. it's...
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. >> susieand i'm susie gharib. this is "nightly busines report" for thuray, september 17 "nightly biness report" is made possible by: this program was made ssible by conibutions to your pbs station from viewers likyou. thank yo /& >> susie: good evening eveone. the stock market is a roll. the s&p 0 index has skyrocketed almo 60% just since rch. the major stock inxes edged lower today but so market experts are predicting t rally will continue. why is this momeum happening now, especially since septber is notoriousor market correcons and crashes? suzanne pratt ecked in with thpros. >> reporter: there a only 9 trading ys left inhe month. and thseptember selloff has yeto materialize. all summer many investnt pros argued stocks had goneoo far too fast. they said a signifant pullback woulhappen before the leaves were off the trees. ile fall is barely here and many investors are sti skeptil about the market's momentum, others wondeif now is a time buy or sell. andrew burkly of bro brothers harrim remains bullish edicting t
. >> susieand i'm susie gharib. this is "nightly busines report" for thuray, september 17 "nightly biness report" is made possible by: this program was made ssible by conibutions to your pbs station from viewers likyou. thank yo /& >> susie: good evening eveone. the stock market is a roll. the s&p 0 index has skyrocketed almo 60% just since rch. the major stock inxes edged lower today but so market experts are predicting t rally will continue. why is this...
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. >> susie: and m susie gharib. this i"nightly business report" for friday, ptember 18. "nightly business repo" is made poible by: this program was made ssible by contributionso your pbs station om viewers like you. thank you. ptioning sponsored by wpbt >> susie: good evening, everyone. an important devopment tonight for millions of ericans who invest imoney market mutual funds. after today, t funds will not havehe backing of the government. the u.s. treasury created th guarantee a yeargo to reassure instors their money was safe after the sharesf one of the tion's largest funds broke t buck, falling below e sacred one doll level. erika miller takes a look how the expiration of is program could fect investors. >> reporter: if you ha money invested in a money mark mutu fund, chances are you are earning next tnothing. the average annual tot return for these funds isust six tenths of a percent,ccording to imoneynet. and after today, the tasury department will end its ar- long grantee of eligible money market mutual funds. financial planner acy francis says most peop have bet
. >> susie: and m susie gharib. this i"nightly business report" for friday, ptember 18. "nightly business repo" is made poible by: this program was made ssible by contributionso your pbs station om viewers like you. thank you. ptioning sponsored by wpbt >> susie: good evening, everyone. an important devopment tonight for millions of ericans who invest imoney market mutual funds. after today, t funds will not havehe backing of the government. the u.s. treasury...
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susie: and i'm susie gharib this is "nightlyusiness report" r wednesday, september 30. "nigly business report" is made possible by: this program was madpossible by ctributions to your pbs station fr viewers like you. thank you. 7//& >> susie: od evening everyone. ken lewis is stepping downs c.e.o. of bankf america. a surprise announcement lat today lewis told the board o e banking giant he'll be retire at the end of t year. he's leaving after a tenur rked and marred by the bank' rchase of merrill lynch january 1. lewis and b.o.a. havcome under fire sce it was learned merrill gave billions ofollars in bonus to employees while getting bailout money fromhe government. lewis says he's confent in leaving now, becse b.o.a. is ready meet the challenges of a global economy. the bank says lewiwas a key ayer in establishing it as a global fincial franchise and now itill look for a suessor. joining now on the phone for the test analysis ofewis' retirement from b.a. is dick bo, bank analyst at rochedale securities. her heo. >> susie why now? why the timing of today's departure? >> i
susie: and i'm susie gharib this is "nightlyusiness report" r wednesday, september 30. "nigly business report" is made possible by: this program was madpossible by ctributions to your pbs station fr viewers like you. thank you. 7//& >> susie: od evening everyone. ken lewis is stepping downs c.e.o. of bankf america. a surprise announcement lat today lewis told the board o e banking giant he'll be retire at the end of t year. he's leaving after a tenur rked and...
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m susie gharib od night, everyone, and good night to you, paul >> paul: good nit, susie. wishing all of you the st of good buys. "nightly business repo" is made posble by: this program wasade possible by contribions to your pbs statiofrom viewers like you. thank you. captioning snsored by wpbt captioned by media access gro at wgbh acce.wgbh.org >> we are pbs. sturbed. i can't go back. hey. ye. [ laughs ]
m susie gharib od night, everyone, and good night to you, paul >> paul: good nit, susie. wishing all of you the st of good buys. "nightly business repo" is made posble by: this program wasade possible by contribions to your pbs statiofrom viewers like you. thank you. captioning snsored by wpbt captioned by media access gro at wgbh acce.wgbh.org >> we are pbs. sturbed. i can't go back. hey. ye. [ laughs ]
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susie gharib is on assignment. this is "nightly business report" for wednesday, september 23. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. 7//& >> suzanne: good evening everyone. the federal reserve is upbeat about the economy but policymakers today kept interest rates at historically low levels again. at the close of its 2-day meeting, the fed said "economic activity has picked up". but it went on to say that activity is likely to remain weak for sometime. on inflation policymakers don't seem worried. on rates, look for those to stay low for an extended period. the fed also stretched the timetable for its debt buying programs, including mortgage backed securities. it will now remain in that market through march of next year. joining us now to help read today's fed tea-leaves is michelle girard, senoir economist at rbs and mike holland of holland and company. welcome to the program. >> good to be here, thanks. >> what is your assessment of the fed's state today? it seems to
susie gharib is on assignment. this is "nightly business report" for wednesday, september 23. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. 7//& >> suzanne: good evening everyone. the federal reserve is upbeat about the economy but policymakers today kept interest rates at historically low levels again. at the close of its 2-day meeting, the fed said...
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. >> susie: and m susie gharib. this is "nightly busins report" for wednesday, september 9. "nightly biness report" is made possible by: this progr was made possible by contributions to yourbs station fr viewers like you. thank you. od evening, everyone. president obama ells out his vision for national hethcare tonight. he will deliver a spch to a joint seion of congress to explain the need to overul the tion's health care system. s address comes after weeks of rowd town hl meetings acss the country where american voters spoke out against reform. shington bureau chief darn gersh joins now with more on what expect. >> reporter:he president ans to take the health care debateack to basics his speech tonight. the president's al tonight is to remind americans confus by the debateso far, of the key reasons hes pushing for health care refor toppinthe list is extending coverage, says white house adviser lody barnes. >> we know that 14,000 peoe a day are losing theiroverage, and he wantsot one more american to be among tm. secondly, that for those who don't have coverage right no he
. >> susie: and m susie gharib. this is "nightly busins report" for wednesday, september 9. "nightly biness report" is made possible by: this progr was made possible by contributions to yourbs station fr viewers like you. thank you. od evening, everyone. president obama ells out his vision for national hethcare tonight. he will deliver a spch to a joint seion of congress to explain the need to overul the tion's health care system. s address comes after weeks of rowd...
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>>usie: yes, absolutely. >> susie: that "nightly busiss report" for friday, september 18. i'm sie gharibgood night, everne, and have a great weekend. you, too, paul. >> paul: and you, as wl, susie. i'm paul kangas, wishi all of you the st of good buys. "nigly business report" is made possible by: this program was made poible by contrutions to your pbs statiofrom viewers like you. thank you. captioning sponsoredy wpbt captioned by media access group awgbh access.wh.org we are pbs. >> we are p.
>>usie: yes, absolutely. >> susie: that "nightly busiss report" for friday, september 18. i'm sie gharibgood night, everne, and have a great weekend. you, too, paul. >> paul: and you, as wl, susie. i'm paul kangas, wishi all of you the st of good buys. "nigly business report" is made possible by: this program was made poible by contrutions to your pbs statiofrom viewers like you. thank you. captioning sponsoredy wpbt captioned by media access group awgbh...
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gharib goodnigheveryone. and od night to you paul. goodnight susie. >> paul: i'm paul kangas wisng all of you theest of good buys "night business report" is made possible by: is program was made possible by contributions to yo pbs ation from viewers like you. thank you. captioning snsored by wpbt captioned by media access gup at wgbh acss.wgbh.org
gharib goodnigheveryone. and od night to you paul. goodnight susie. >> paul: i'm paul kangas wisng all of you theest of good buys "night business report" is made possible by: is program was made possible by contributions to yo pbs ation from viewers like you. thank you. captioning snsored by wpbt captioned by media access gup at wgbh acss.wgbh.org