tom's theory? jealous rage about jennifer's old boyfriend, lost his temper, killed her, without meaning to, then got his frat brothers to help him hide the crime with the fire. gradually what emerged was a screenplay about one young man's terrible, deadly mistake. >> and for my closure, as strange as this may sound, i didn't want him to be a bad guy. this is something that happened that wasn't premeditated because in my mind that's the only way i could forgive him. >> why wouldn't you want to hate and seek out and see justice done to this person? >> because i got to live with myself every day. >> and then a decision that would come back to haunt him. tom wrote himself into his screenplay. since he was writing fiction, he says, he wanted to make a change. he didn't want it to seem like his beloved sister had a steady stream of men visiting her trailer, so he put himself in the place of scott snowden, that other boyfriend chris encountered just before jennifer's murder. >> this is someone i protect i

she said god wrote uncle tom's cabin. [laughter] foley's hopes to have eight devine friend to read after the mosul had become a bestseller and her brother, edward, warned her not to become the about its popularity, she told her friend, edward, he need not be troubled, he doesn't know i didn't write that book. [laughter] and her friend exclaimed? you didn't write uncle tom? stowe replied no, i only put down what i saw. it all came before he envisions one after another and i put them down into words. her claims about the divine office should uncle tom's cabin satisfied her own pious your earnings but raised questions about the actual background and repercussions of her landmark novel. the issues at the heart of uncle tom's cabin in the race and religion, sort of a very religious book, gender, of law, morality, democracy are just as vital today as they were in harriet beecher stowe the issues were anybody who enjoys a terrific story that tugs at the heart strings. it's funny i've been teaching an awful hard for years but eve

and in paris you could go and, um, pie uncle tom's -- buy uncle tom's candy, and there were five restaurant items in paris that were named after uncle tom's characters. if you read my book, you'll get a little bit of a taste of the impact. [laughter] >> there's a subway station in berlin called uncle tom's cabin. today. [laughter] so, david, what do your contemporary students think about this book? you've been teaching it since 1981. >> you know, it's very, very funny, but i don't know if it's true with joan and with the other professors in the audience and anyone, but i think partly it is because of feminist scholars, women scholars, but in the last, um, 30 years there really has been an increasing interest and respect for the novel. there really has been. and we no longer have to read the so-called dead white male. we can still read them and appreciate them and love them, but we can also read heavier yet beecher stowe -- harriet beecher stowe, and we can read slave narratives, and we can appreciate them. and so my students, and maybe it's partly under my own guidance, in general really, r

that's jerry's milieu, not tom's.going, quiet guy. >> through the course of the trial, capano's attorneys had hinted at an explanation for fahey's death. when debbie macintyre took the stand, they proceeded to question her as if she had been the person who shot and killed anne marie fahey. commentators would call it the "debbie did it" defense. >> i didn't think he would ever do such a thing. >> if you talked to the defense attorneys in this case, they had one shot. i think they knew they had one shot, and that was a possible hung jury, and the idea was, you present the state's case and what you have is a murder without a murder weapon, without a body and without a cause of death and you balance that against reasonable doubt. but capano, no, he wants to take the stand and tell his side of the story. and he comes up with this cockamamie explanation as to what happened. >> taking the stand against the advice of his lawyers, capano would be laying himself open to a grilling by the prosecution. capano thought he was more

you, too, tom. >> tom: good night, susie. i'm tom hudson. goodnight, everyone. we hope to see all of you again monday night. "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

tom, a lot of demand for stocks today. this was one those days that almost everything was this the green, including the dow 30 component. >> tom: yes, rare to rise ahead of a holiday, long holiday weekend, susie, we usually see volume drop off and prices weaken. strong prices all this week including this friday. so let's get to it with our friday market focus. stocks put in another strong rally. the best in a week of rallies. lets' start with today's trading of the s&p 500. the first half hour of trading was quiet, but just after 10:00 a.m. eastern time, prices shot up thanks to the strong manufacturing data. the past 90 sessions help show just how far the index has come this week. it is up more than 5.5% since last friday. the lows in march have held through to bouts of selling in june. all 30 stocks making up the dow jones industrial average are higher tonight than one week ago. caterpillar shares rallied more than 8.5% since last friday. american express jumped more than 8% and alcoa was up 7% in the past week. we menti

>> tom: the global fight against inflation. china hikes interest rates for the third time this year, hoping to slow down its red-hot economy and cool price hikes. >> susie: europe could be next, even as greece and portugal struggle with debt worries. what the interest rate moves mean for the global recovery and the u.s. economy. it's "nightly business report" for wednesday, july 6. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> susie: good evening everyone. interest rates were the hot topic around the world today. china's central bank raised its key short term rate this morning, the fifth hike since october. tom, china is trying rein in inflation. >> tom: susie, the trend of higher interest rates could continue tomorrow when the european central bank is widely expected to raise its rates as well-- the second such move this year. europe also

>> a lot, tom. the med afor cal in hot water applies to the air here, it's about 115 in the shade, luckily chase field is covered in air conditioned, that's what people look forward for to this all-star game. there seems to be a bit of malaise because the dodgers and mets cab get their act together, tickets down, television down, franchise values down. and it's not just those teams. a lot less of a number watching baseball, affects the spots. all-star game ratings last year 22% below the year before. people are hoping for a miracle for tonight's game. >> tom: how about it here, rick, because as your, do your sponsors lose much when the team and league is disappointing like this? >> well, a lot sponsors continue to commit to baseball because it is american as apple pie, the old chevrolet commercial, ta could -- taco bell sponsors this. obviously less eyeballs on the television set, less value and therefore less of a long-term commitment. people need to turn it around, and baseball clearly is enter th

i'm tom hudson. good night everyone, and good night to you too, susie. >> susie: good night tom. i'm susie gharib. good night everyone. we hope to see all of you again tomorrow night. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> be more. pbs.

this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: captioning sponsored by wpbt >> tom: good evening and thanks for joining us. a banner day for blue chips. the dow surged more than 200 points, its best one-day performance this year. at the close, the dow added 202 points, the nasdaq rose 61 and the s&p 500 up 21 points. then after the bell, susie, apple did it again, posting stunning earnings. >> susie: tom, we're running out of adjectives to describe the amazing growth at apple. it earned $7.79 a share in its fiscal third quarter, crushing estimates by almost $2. revenues also came in better than expected, up 82% to $28.5 billion. and that growth comes as consumers keep snapping up apple products. 20 million iphones were sold in the quarter, more than nine million ipads, about four million mac laptops and 7.5 million ipods. as the company said today, it "sold every ipad it could make." >> tom: they are impressive numbers, according to gba research analyst david garrity. >> these are phe

i'm tom hudson. good night everyone, and good night to you too, susie. >> susie: good night tom. i'm susie gharib. good night everyone. we hope to see all of you again tomorrow night. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> be more. pbs.... i'm your new teacher, miss stacey. she could pass for a teacher or even go on to university. our anne. diana? my little sister's awful sick with the croup. i would have been too late... you saved this little baby's life. i knew matthew was up to some foolishness. don't you like it? doesn't gilbert look dashing tonight? i hadn't noticed him. i want to wish you all the luck in the world, anne.

you too, tom. >> tom: you as well, susie. good night, thanks for joining us this evening. be right back here tomorrow. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> be more. pbs.

tom, president obama may have an answer when he makes a speech on national television tonight. >> tom: susie, the president will update the country on the status of the debt talks, but the news isn't likely to be good. lawmakers and the white house are still sparring on how to solve the u.s. debt issues. >> susie: with just over a week left to raise the debt ceiling, both senate democrats and house republicans rolled out different plans today to solve the crisis. senate majority leader harry reid is proposing a ten-year plan that cuts $2.7 trillion from the nation's debt, including $1 trillion in savings from winding down the nation's two wars and no tax increases. at a press conference today, senator chuck schumer endorsed the plan, saying it was the only viable option. >> at this point there is no alternative other than default and no basis for republicans rejecting this proposal other than that they want a default. >> susie: but house speaker john boehner says reid's plan is full of gimmicks. >> we're not making any real changes in the spending structure of our government, and it d

good night everyone, and goodnight to you too, tom. >> tom: good night susie. i'm tom hudson. good night everybody. we hope to see all of you again tomorrow night. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> more information about investing is available in "nightly business report's" video. to order this dvd, call 1-800- play-pbs or visit online at shoppbs.org.

tom, that's the date when president obama wants a debt- ceiling deal in hand. >> tom: susie, an agreement by a week from tonight gives lawmakers time to write and vote on new legislation before the august 2 deadline. >> susie: it looks like its going to be a working weekend in washington as both sides still seem far apart on an agreement. >> what i've said to the members of congress is that you need, over the next 24 to 36 hours, to give me some sense of what your plan is to get the debt ceiling raised through whatever mechanisms they can think about, and show me a plan in terms of what you're doing for deficit and debt reductions. if they show me a serious plan, i'm ready to move. >> we're in the fourth quarter here. time and again, republicans have offered serious proposals to cut spending and address these issues, and i think it's time for the democrats to get serious as well. >> tom: as the political leaders trade barbs, standard & poor's raised the pressure on both sides today, saying it could downgrade a laundry list of companies if there is not a deal on the debt limit soon. among

a store on route one called uncle tom's market. if you're ever going through maine is there. i'm sure a lot of people are very surprised and they see it. that is because that is where she wrote the book. >> well, john and i and a whole bunch of others, the 200th anniversary in june. we will stop by there. this. -- yes. >> i wonder if you could give a time line so we have more of a context when she wrote the book. the fugitive since act, the dread scott decision, john brown was causing havoc and so forth. >> rudd, what happened in 1850, the fugitive slave law, a fugitive slaves from the come to the north, if you don't capture them and help return them to the south you go sale and pay a thousand dollars fine which was a lot of money back then. really, really mad about that. her sister-in-law said, you know how to write. why don't you go back and write a novel. she said don't you know, i'm going to. and she did. but then what happens, however, is that there are a series of other laws after that. the kansas-nebraska act which opens up