i'm suzanne pratt. goodnight everyone and have a good weekend-- you too, tom. >> tom: good night, suzanne. i'm tom hudson. goodnight, everyone. we hope to see all of you again next week. "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

suzanne somers.ave been with her many times over the years and she has one place many americans are turning to these days for medical information. she is a former sitcom star, tv pitch women and, yes, a household name. suzanne somers and her best-selling book is suggesting alternative cancer treatments and is causing controversy and some say confusion. what she calls real breakthroughs some doctors are saying are just dangerous. suzanne somers recent book "knockout" she claims can cure cancer without chemotherapy and radiation put her in the crosshairs of controversy. so "dateline" decided to learn more starting with what dr. somers considers the most extraordinary. >> i believe one day he will be -- >> reporter: houston doctor says he's curing pediatric brain tumors with antineoplasten. proteins he discovered in 1967 that can turn cancer cells off. >> nobody in the world was able to do it before. >> reporter: and you are. you are the only man in the world that can save these kids with these tumors.

suzanne pratt reports. >> reporter: ask most wall street economists if the u.s. has an inflation problem and the answer is pretty much no. ask that same question of americans filling up their gas tanks or buying groceries and you get a much different take. >> like cereals, for instance. it's a joke. i used to buy cereal. it's just, everything it going through the roof. >> the prices are ridiculous. i mean like orange juice, milk. >> reporter: the disconnect between main street and wall street is simple. consumers pay most attention to the cost of everyday items. economists follow data that tracks a large basket of goods at both the retail and wholesale level. as it turns out, wholesale prices warmed up in january due to a big jump in energy, pharmaceuticals and plastics. but economist neal soss says there's little evidence producers are passing those higher costs onto consumers, other than at gas stations or for some select food items. >> my own expectations are that we are not going to see inflation accelerating in any important way over the next visible horizon

i am suzanne gamble. i am a resident at sacramento. this building went up for sale a couple of years ago, and i am understanding housing authority has some obligations, as we probably all know from the federal court. the notice that was posted on the for sale sign for this meeting was the first notice i received about this project. i live in the subsidized cousin. -- housing. the parking lot is a parking lot. cars are going to be taken out of that parking lot and put out on the street. i do not think that, other than subsidized housing with rent- controlled -- you guys, from my understanding -- there are too many cars on the street as is. this is a parking lot. more cars are going to go out on the street as a result of that. the other that i want to bring up is the sign for this hearing is in english only. the majority of the residents that live next door that would be most affected are russian, chinese, korean, and mexican. many russian, chinese, and korean. not so many mexican. but it is all in english. i know that when i go down cle

suzanne pratt talked with some wall street pro's to get answers about where stocks are headed from here. >> reporter: t-shirts in february in new york city? that's as believable as a doubling of the s&p 500 in just two years. both however are true. you might be one of those who credits unseasonable temperatures on global warming. as for the run-up in stocks, strategist gary thayer credits the economy. >> the wounds of the recession are starting to heal. and, i think investors are feeling more optimistic about the prospects for the economy going forward. >> reporter: the question now is whether that optimism is getting overdone? after all in recent weeks investors have been snapping up stocks in nearly all shapes and sizes. since january, the s&p 500 is up more than 6%. so, too, is the russell 2000-- a closely watched measure of small stocks. but just because the market has gained a lot of ground in a short time, doesn't mean the rally will soon end. experts say don't forget corporate profits are solid. >> we would be concerned about the market if the prices were moving ahead of earnings

yes, i absolutely do, certainly in this area. >> reporter: suzanne pratt, "nightly business report," tarrytown, new york. >> tom: at the end of last week we saw the equity markets hit post recession highs, but we've seen a couple days of selling since then. let's get you updated now in tonight's market focus. we saw the second day of stiff selling of stocks as energy prices continue climbing. we start with the past five sessions for the s&p 500. with today's drop, just .6%, it's down more than 2.5% since last week. let's pull out to the last 30 sessions, with stocks coming well off their highs last week, dropping to the lowest level since the first week in february. the only major sector to find more buyers than sellers? energy. the energy select e.t.f. added 2%, rising to a new high on strong volume. as it continues to break out. chevron and exxon were the two best gainers inside the dow. both hit new highs. how about cabot oil and gas? it was the best s&p 500 stock, jumping more than 12%. it raised its production outlook this year. now, as suspected, hewlett- packard was among the

suzanne pratt reports. >> reporter: it's billed as a merger of equals, but no matter how you look at it, the deutsche borse is buying the new york stock exchange. yes, today's news conference took place simultaneously in germany and in new york. still, deutsche borse chief executive reto francioni kicked it off. >> the combined group will lead the way in global capital markets and set the standard for growth, quality and market reach. >> reporter: francioni will be chairman of the new company while n.y.s.e. euronext c.e.o. duncan niederauer will keep his title. and it was up to niederauer to handle some of the more prickly questions from the media. how long before you get a name? >> somehow, i knew that would be the first question. we hope not to delay the decision too long, but i can assure you that no name has been chosen. but reto and i have committed to one other that in the next month or two we can put some alternatives in front of our board, our respective boards, and make a decision. >> reporter: both german and american executives repeatedly highlighted some of the reasons fo

suzanne pratt reports. >> reporter: for u.s. investors, the heap of geopolitical worries is growing. first it was sovereign debt problems in europe. and, now add a political crisis in egypt to the list. aladdin capital's scott macdonald says egypt might be one of the most important stories this year, with implications for markets around the world. >> it could be. if things really go off the rails in egypt it will dominate the political and economic landscape in the middle east and unfortunately the middle east still retains a high degree of importance. >> reporter: so far though the collateral damage to global markets has been modest. yes, u.s. stocks sold off on friday. and, today oil prices surged on concern that unrest in egypt will halt oil flows in the suez canal. market strategist nick colas say equity investors here are taking a wait and see attitude toward egypt. >> for the moment i think the fundamentals, particularly the liquidity situation in the u.s., trumps almost everything else. money is still very cheap, interest

and i had sung his first two songs that he'd written-- suzanne and a song called dress rehearsal rag.i don't sing. "i don't sing. "i don't-- i'm not-- i don't have a professional voice." and i said, "leonard, you have a wonderful voice. come on." so i brought him down to-- was it town hall, i believe-- and i kind of pushed him on the stage, and he stood up and started playing suzanne. he got so scared in the middle of the song that he turned and stopped and walked offstage. and i said, "oh, leonard, i'll go back with you and sing." and so i did. it was the beginning of what i think is an illustrious and very fine musical career that he's had. and i think he's turned into a splendid singer. in--in recent times, you've been traveling with the wildflower tour. and that's something you've set up. you've--you're joined by janis ian and roger mcguinn and richie havens. and tom paxton and leon redbone has been with us. i started this because-- i started my label called wildflower records, and i thought, "what could i do that would be fun "that would draw some artists together "who have the s

. >> reporter: that $40 withdrawal over the martin luther king weekend was the gateway into suzanne adam'spersonal account. a skimming device that records the information on a credit or debit card had been placed on the atm, it didn't take long for the suspects to start spending adam's money. the bank got suspicious and called the supervisor. >> asked me if i took out $500 cash from my checking or savings, i said i had not. they asked me if i spent $385 at a sports bar in france, i had not. >> reporter: adams wasn't the only customer hit and this is a federal investigation covering multiple municipalities. >> it's kind of scary to know the white-collared criminals are out there. >> reporter: for right now, suzanne adams will be doing her banking the old-fashioned way. >> i'm not using an atm for a little while. >> reporter: but if you do plan to use an atm, use familiar machines that make it easy to notice changes or identify attached devices, protect your pin, place your hand over the key pad and inspect the scanner and keep an eye on your statements. heather holmes, ktvu channel 2 news.

. >> reporter: that $40 withdrawal over the martin luther king weekend was the gateway into suzanne adam's personal account. a skimming device that records the information on a credit or debit card had been placed on the atm, it didn't take long for the suspects to start spending adam's money. the bank got suspicious and called the supervisor. >> asked me if i took out $500 cash from my checking or savings, i said i had not. they asked me if i spent $385 at a sports bar in france, i had not. >> reporter: adams wasn't the only customer hit and this is a federal investigation covering multiple municipalities. >> it's kind of scary to know the white-collared criminals are out there. >> reporter: for right now, suzanne adams will be doing her banking the old-fashioned way. >> i'm not using an atm for a little while. >> reporter: but if you do plan to use an atm, use familiar machines that make it easy to notice changes or identify attached devices, protect your pin, place your hand over the key pad and inspect the scanner and keep an eye on your statements. heather holmes, ktvu channel 2 news.

my name is suzanne from the save the boat house coalition. we have the support of not only the stow family descendants, as well as the golden gate audubon society and the sierra club. why? they know that our position is the correct one for taking care of the park and preserving it for everyone. the bid and selection process was completely unjust. the panel was handpicked by the staff and full of insiders. the community representative position that was promised never occurred. a sunshine ordinance violation with regards to the issue was issued last year. the lease ignored community will, revenue, committing the park to spending money it does not have on the boat shack, lighting, fire code upgrades, etc. the lease is full of holes and needs to be reviewed more carefully. the nomination is pending at the historic preservation commission. if you vote to approve this lease, the boat house interior landmark -- the lease would be largely nullified based on the fact that the lease calls for the gutting of the entire top floor of the boat house. it wa

i'm suzanne shaw.california, public school teachers become permanent after just two years of work. though most teachers do an admirable job, those who under-perform are protected by tenure. low achievement is no grounds for dismissal and low performing teachers often stay on the job. public education needs reform at all levels. we believe that includes tenure reform. the guaranteed job regardless of performance must go. there has to be accountability. students deserve the most

i'm suzanne shaw. public schoolteachers become permanent after just two years of work. and though most teachers do an admirable job, those who underperform are protected by tenure. low student achievement is no grounds for dismissal. so low performing teachers often stay on the job. public education needs reform at all levels. we believe that includes tenure reform. the guaranteed job regardless of performance must go. there has to be accountability. students deserve the most inspiring teachers we can find. nbc bay area has advocated holding administrators and parents accountable. so let us also evaluate teachers, at least in part, by whether their students learn. join the debate a nb nbceditorials.com.

i'm suzanne shaw.ilicon valley index, a sobering new report on the region's economy, concludes even with a rebound in the private sector, public sector problems will hurt our prosperity. we spend far more than we take in. demand is up, food stamp, medical, pension, you name it. even though the government cut thousands of jobs, the gap between revenue and spending is growing. nbc bay area believes we have to

suzanne pratt spoke with scott eden, a reporter at thestreet.com. she began by asking him about the likelihood the canal will shut down. >> diminished, there is going to be any kind of closure, but other people i talked to say the situation is so volatile, it is hard to say that the risk is gone completely. especially when you consider labor shortages that are starting to -- there is evidence that some tug captains are not going to work. at least according to one person i talked to who works for a major multi-national oil concern. the risk, i think, is still out there. >> so let's bring up the chart of the four of the oil tanker stocks we're going to talk about. nordic, american tanker, overseas ship holding, general maritime, and frontline. what would -- i know it's unlikely, but what would a closing of the canal mean for this sector? >> well, rates would almost ainsuredly go higher. they would have all of the sort bargaining chiption bargain their corner. they would hold all of the cards, so they would convince oil companies to drive rates higher.

. >> reporter: suzanne fratus is writing a book about lyme disease. >> she has educated doctors. she has gone to congress to the any. h. she has put out the newsletter. she started patient support groups. she went to nih. she has been involved in everything. >> reporter: while phyllis' own battle with the disease was helped by antibiotics she is not cured and much work needs to be done for protecting future generation. so for doing something to help educate and eliminate the effects of what can be a crippling disease, this week's jefferson award in the bay area goes to phyllis mervine. kate kelly, cbs 5. >> to learn more log on to cbssf.com, click on the cbs 5 at the top of the page and then jefferson awards. >>> well, i think men are going to like this story because coming up, scientists made a surprise discovery. the possible cure for baldness. when we come back. accidentally found a cure for ,,,,,,,,,,,,,,,,,,,, >>> researchers studying stress hormones may have accidentally found a cure for baldness. scientists at ucla were investigating how stress affects mice. they treated t

acknowledge jenny horn, rose mary jacobs, and i thank you, mary grace cohan, patricia gray, nancy, and suzannewho helped us this year in choosing our fabulous teachers and principals. they deserve a round of applause. in addition to everything you are receiving, you are also getting certificates of honor from our major, from a single woman, senator, and supervisor duufty, so all of your guests are in your back acknowledging the fabulous work you have done. when we started this program, we wanted to be able to a knowledge not just one teacher, but a teacher for everyone because we have so many fabulous features, so it is too difficult to choose one. when i say she is representing september, she is actually representing the entire year this year as a teacher of the year. trudy osmond is our kindergarten teacher. [applause] that a-ha moment when children realize that they can be brave and accomplish those tasks that they did not think they could do or want to do with just a little encouragement and cheerleading from their teachers. students come and go, and many leave their footprint on your hear

i'm suzanne shaw.ia, public school teachers become permanent after just two years of work. and though most teachers do an admiral job, those who underperform are protected by tenure. low student achievement is no grounds for dismissal. so low performing teachers often stay on the job. public education needs reform at all levels. we believe that includes tenure reforms. the guaranteed job regardless of performance must go. there has to be accountability. students deserve the most inspiring teachers can with find. nbc bay area has advocated holding administrators and parents accountable. so let us also evaluate teachers. at least in part by whether their students learn. join the debate at nbc editorials.com. >>> good evening, and welcome to "sports sunday." i'm laurence scott. tonight we've got the latest from pebble beach after a beautiful weekend where a new star was born. and the stars you have loved for years were doing things they've never done before. a landmark day for actor bill murray, bringing

are you in for suzanne? kinda have to be. you didn't put your hand over the phone. oh, right.me. gimme. sorry about that. my brother's kid. yeah, dumb as a stump. (doorbell rings) hi. yeah, i'm not sure i have the right address. no, you got the right address. charlie, it's for you!

i'm suzanne shaw.ilicon valley index, a sobering new report on the region's economy concludes that even with a rebound in the private sector, public sector problems will hurt our prosperity. we spend far more than we take in. demand is up. food stamps, medical, pensions, you name it. so even though local governments cut thousands of jobs, the gap between revenues and spending is growing. nbc bay area believes we have to restructure the tax code so it's fair to individuals and businesses. we have to decide what kind of government we're willing to pay for, and what we're willing to live without. the sooner we get to work, the better. join us, nbc editorials.com. >>> breast milk is always best for baby, but maybe not when it's purchased on the underground market. vicky nguyen reveals a side business where mom's milk is a risky proposition for the youngest consumers. monday at 11:00. >>> good evening, and welcome to "sports sunday." we're going deep with the latest from spring training. here is your batter

i'm suzanne shaw. ordinary people, you and i, remain the primary source of bay pollution.m our cars leaking oil to our lawns leaki ining fertilizers. in just one day along san francisco bay, crews cleaned up 130 tons of waste, mostly plastic. 90% of the trash in our streams like styrofoam does not biodegrade. and now two dozen such waterways violate federal law. so want to make a difference? don't litter. carry reusable bags. take medicine, paint and other toxics to disposal sites. nbc bay area believes it's up to us to save the bay. find out how to volunteer for cleanups andpl ngtians. nbceditorials.com.

. >>> in news of the world tonight, at the united nations today, suzanne rice killed a resolution entices really- palestinian conflict. 14 members voted in favor of it. bryce said the administration does not believe the resolution would help the con flick. >>> people lined up to vote in presidential elections and results are expected on sunday. the president has ruled the central african nation for 25 years and is asking for another 5-year term. he's facing several opposition, one candidate offered protests if he loses. >>> in usa -- no remains of a diver attacked by great white sharks. the captain saw two great whites drag him away. 19 people have been killed and 53 others survived shark attacks in south australian waters. >>> delta airlines has been hit with a $2 million fine for not adequately helping handicapped passengers. it's the biggest non-safety related penalty ever imposed by an airline. in a statement, delta said it takes the responsibility of serving customers seriously and has now made changes. southwest airlines today said it is racing fares by $10. the company needs the mo

. >>> in news of the world tonight, at the united nations today, suzanne rice killed a resolution entices really- palestinian conflict. 14 members voted in favor of it. bryce said the administration does not believe the resolution would help the con flick. >>> people lined up to vote in presidential elections and results are expected on sunday. the president has ruled the central african nation for 25 years and is asking for another 5-year term. he's facing several opposition, one candidate offered protests if he loses. >>> in usa -- no remains of a diver attacked by great white sharks. the captain saw two great whites drag him away. 19 people have been killed and 53 others survived shark attacks in south australian waters. >>> delta airlines has been hit with a $2 million fine for not adequately helping handicapped passengers. it's the biggest non-safety related penalty ever imposed by an airline. in a statement, delta said it takes the responsibility of serving customers seriously and has now made changes. southwest airlines today said it is racing fares by $10. the company needs the mo

i'm suzanne shaw. ordinary people, you and i remain the primary source of bay pollution. from our cars leaking oil to our lawns leaching fertilizers. our run-off flows into bay. in just one day along san francisco bay, crews cleaned up 130 tons of waste. mostly plastic. 90% of the trash in our streams does not biodegrade. now two dozen waterways violate federal law. want to make a difference? don't litter. carry reusable bags. take medicine, paint and other toxics to disposal sites. nbc bay area believes it is up to us to save the bay. find out how to volunteer for clean-ups and plantings. nbceditorials.com.

. >> martin tolchin is the founder of the hill newspaper and a co-author on with his life suzanne tolchin of the new book, "what is happenening to news" 11. where did you get the name for your book? >> oshawa is a chicago term. and it describes payoffs to the rich and powerful. and how does that tie into washington? >> washington is full of rich and powerful. but we talk about a usb the christmas turkey. now it's earmarks. now it's privatization. outsourcing, the contracts, and the hundreds of millions in the case of halliburton, a billion dollars. and these go without bidding to people who are very, very well-connected politically. that's what this book is about. we have no problem with cronyism as long as the crony is competent. we have no problem with a marked as long as the earmarks of the projects are worthy. but a great many other cronies are not competent. heckuva job, brownie. and a heckuva lot of the projects are not worthy. bridge to nowhere, which, of course, was not built your the theme of our book, from jake harvey who said there aren't many definitions of politics to the art

i'm suzanne shaw.rdinary people, you and i, remain the primary source of bay area population from our cars leaking oil to our lawns leaking fertilizer. our runoff goes into the bay. crews cleaned up 120 tons of waste, mostly plastic. most does not biodegrade, and now it violates federal law. so, want to make a difference? don't litter. carry reusable bags. take medicine, paint and other toxics to disposal sites. nbc bay area believes it's up to us to save the bay. volunteer for clean-ups and plantings.

suzanne's original document and the -- documentary provides a look and takes you to the mansion, the west wing, the oval office, the lincoln bedroom, and focuses on the president and first families who it was how it looks today. there are interviews with president obama and the first lady, comments with george and laura bush. inside the white house, america's most famous home. that is on monday. >> former president george h.w. bush received the medal of freedom. president obama held a ceremony at the white house. it runs about 45 minutes. ♪ >> ladies and gentlemen, the president of the united states and mrs. michelle obama. ♪ >> thank you so much, everyone. please be seated. welcome to the white house. some of you have been here before. [laughter] this is one of the things that i most look forward to every year. it is a chance to meet with and, more importantly, honor some of the most extraordinary people in america and around the world. president kennedy once said during a tribute to the poet robert frost that in nation reveals itself not only by the men and women it produces, but b

particular the dimare co-chairs for the tireless dena bunas and david myers and the wonderful director suzanneho did magic with planning and logistics for tonight's event. i also want to thank the foundation sponsors and friends who made the work of the foundation possible and help us put on tonight's event. we have the hill, ceq roll call, the u.s. chamber of commerce, ford motor company, api, also the evelyn y. davis foundation, toyota, aarp, the comcast network catcem, many thanks to sydney wilkinson, the cartoonist for the philadelphia daily news, for providing the cover art for the program, and to bloomberg television for the lifetime achievement award video. and of course, the mandarin oriental hotel and the great staff to have accommodated our needs and are serving you tonight. i encourage all of you to stay after our program for the hill's after party. you will get a special bipartisan treat them, too, that is the second amendment. it's a second because the plan old amendment, disbanded and came back together. they will be in the house. the future the congressman collin peterson and ho

and the picture shows you the man with a wounded forehead, according to suzanne hito she made this statement in terms with her children, the same thing, being physically abused and physically asalted -- assaulted by the police. the natives of rapa nui were completely taken by surprise in terms of the action taken by the police forces of the chilean government. mr. speaker, this past thursday, last week, senator daniel akaka and i issued a joint letter to the governor of chile expressing our concern of the situation unfolding in rapa nui or easter island. the failure of the ministry of interior to seriously consider the legitimate landownership claims of the people of rapa nui, the claims of criminal prosecution, rapa nui political leaders for their involvement, peaceful demonstration and the ongoing disproportionate use of force by the chilean special forces against the people of rapa nui. mr. speaker, the point is this is the year 2011. and this type of treatment should not be happening. but unfortunately, mr. speaker, it is happening. as i stated before, chile's current relationship with e

particular the dimare co-chairs for the tireless dena bunas and david myers and the wonderful director suzanne puron who did magic with planning and logistics for tonight's event. i also want to thank the foundation sponsors and friends who made the work of the foundation possible and help us put on tonight's event. we have the hill, ceq roll call, the u.s. chamber of commerce, ford motor company, api, also the evelyn y. davis foundation, toyota, aarp, the comcast network catcem, many thanks to sydney wilkinson, the cartoonist for the philadelphia daily news, for providing the cover art for the program, and to bloomberg television for the lifetime achievement award video. and of course, the mandarin oriental hotel and the great staff to have accommodated our needs and are serving you tonight. i encourage all of you to stay after our program for the hill's after party. you will get a special bipartisan treat them, too, that is the second amendment. it's a second because the plan old amendment, disbanded and came back together. they will be in the house. the future the congressman collin peterso

please call maw suzanne in the lobby for a book signing.[applause] [inaudible conversations] [inaudible conversations] >>> americans for tax reform president grover norquist joins the penalty party activists for a discussion on cutting federal spending. this event was held before president obama released his budget to congress last week. hosted by the conservative political action conference or cpac is 50 minutes. >> it is an honor to be here today among an amazing panel of individuals who are committed to scaling back the size and scope of the federal government. what i'm here today to talk about in particular is a project that is new to us as an independent institute. it's called mygovcost.org. i and ritual to check it out. what we have produced is called a government cost dhaka later and what it does is enables you to come in and find out exactly how much federal spending programs are costing them personally. so not only can they find out the true cost of federal spending programs, break them down by issues and various different budgets