>> tom foley. back into the courthouse to once again determine tom's fate. >> circuit court is again in session. >> as before, the state opened its case with the crime scene analysts. >> what is it that you found in the basement? >> on the yellow bag located inside the bag was three shotgun shells. these are phone records -- >> norris also showed the jury the foleys' home phone records from around the time dar was killed. >> there were no phone calls that either came in or left. >> your wife doesn't show pup, why not call and say, have you left yet? we're waiting for you. >> that's what i would do. >> according to detective karbo, tom didn't bother calling dar at hoax because he knew dar was already dead. then members of dar's family stepped forward, to testify that tom and dar's marriage was troubled and that tom wanted out. >> he told me that his wife is very controlling and that that was wearing on him and he did not necessarily want to stay in the marriage anymore. >> and there was more evidenc

>> risk is omni present. >> tom: and how do we deal with it? >> we first figure out what the risk could be. we review the possibility that seems the most remote, and then we seek ways first to reduce it to mitigate it and then we transfer it. when a client says that has never happened to us, that's the point where you have to then come back and say, and it never will. in the meantime, we want to have a backup plan in case it does. >> tom: there isn't much that newman does not think about and try to foresee. perhaps one of the most challenging aspects to her job is that she and her team have to learn about new businesses constantly. how does your investigative work into a client's business begin? >> we are actually show up, that really is like woody allen's comment of 99% of success is showing up. so when you visit a site, you see a great deal. if it's construction, you can see if there's protection around the elevator shaft. if it's a manufacturer, you can see what the attitude is of the workers. so showing up is a big key. >> tom: are you a pr

nice to see you again. >> good to see you, tom. >> tom: you think we're going to ends the year in the green? how much? >> the beginning of the year when we last talked in late january, our price target for the s & p was 1370. in the summer, in august, we adjusted that down to 1300. it's still the number we're can keeping. we wanted to adjust it down because even though we believe that stocks are good value, we're seeing the kind of volatility created around europe and wemented to reflect that in our price target for the s & p. >> tom: it's still above where we're trading at here on this friday. what's your anticipation for 2012? more of the same with that kind of single-digit returns? >> yes. in terms of equities. we believe we'll see economic growth better than a lot of people feel and we think that will drive corporations to continue to increase earnings. although, as we know, this late in the economic cycle, usually, the rate of growth diminishes pretty significantly and that's what we're seeing but we do expect it to be positive and we expect to see positive returns in 2012 for eq

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. thank you. captioning sponsored by wpbt >> tom: good evening and thanks for joining us. susie gharib is off tonight. it's black friday, the day many retailers hope to move out of the red and into the black. shoppers in huge numbers hit the stores early in search of bargains. consumers are expected to shell out nearly half a trillion dollars this shopping season. overall, the crowds are larger and younger, as a new generation of consumers got in on one of the biggest sales days of the year. >> reporter: the sound of early morning shoppers at a best buy in charleston, north carolina. more than 150 million americans are expected to shop at least one day this holiday weekend, spending almost $500 billion. the shopping started earlier than ever before, with some stores such as wal-mart, target and toys "r" us opening their doors even before thanksgiving d

good night, everyone, and good night to you, too, tom. >> tom: good night, susie. i'm tom hudson.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. thank you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> more information about >> be more.

this is the first time since summer, tom, that prices have spiked this high. >> tom: just a few weeks ago, susie, oil was in the $70 range. but with supplies declining, prices are going up. in new york trading, december crude futures jumped $1.21 today closing at $98.99. they climbed as high at $99 earlier in the session. >> susie: rising oil prices means rising prices at the gas pump. jeannie yurman looks at what's behind these price moves. >> reporter: forecasts for world oil demand are coming down and yet the price of oil remains relatively high near $100 a barrel. so where's the disconnect? analysts say it's a classic case of supply and demand. in this case, supply is tight. half a dozen countries have experienced supply disruptions in the past year and their output is still below normal, knocking a million barrels a day out of production. oil trader ray carbone says the mood in the trading pits is bullish. >> while global demand forecasts may be going down the oil market is fundamentally tight. we have some dwindling supplies especially in the north seas and we have potential dem

i'm tom hudson. good night, everyone. and good night to you, too, susie. >> susie: good night, tom. i'm susie gharib. we hope to see all of you again tomorrow night. ossible 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

c.. >> tom: big and broad. that describes today's stock buying, pulling the dow industrials into positive territory for the month. with november closing on a big rally, the dow gained 0.75% this month. the buying today wasn't enough to erase losses for the s&p 500 and the nasdaq. the s&p 500 lost 0.5%. the nasdaq dropped more than 2% this month. today's move had some rocket fuel behind it, thanks to the action by the central banks today, making it cheaper for cash-crunched european banks to borrow u.s. dollars. on the big board, more than 1,800 stocks were up, while fewer than 100 declined. --400 declined on the nasdaq, almost 2,000 stocks advanced, fewer than 500 fell. the financial stock sector led the way today. this exchange-traded fund follows the sector, jumping more than 6%. still, it trades below its october high, and so far this year, the financial sector is the worst-performing stock sector, down 20% year to date. it was a mix of financial companies leading the sector today. regional bank regions fina

italy was the big worry today, tom. investors fear that italy's financial crisis is getting worse. >> tom: susie, it is costing the italian government more to borrow money-- up to a new record. the interest rate on italy's 10- year government bonds are now above 7%. that's the level that forced greece and portugal to seek bailouts. u.s. investors sold stocks on worries italy may not be able to pay its debts. the dow plunged almost 390 points, the nasdaq was down 105 and the s&p fell about 47. >> susie: you might be wondering, what's the connection between italy's financial problems and the u.s. economy? as erika miller reports, there could be a big impact on the economy here. >> reporter: italy is a relatively small country, about the size of arizona. but make no mistake-- if that country defaults on its debt, there could be serious domino effects around the globe. italy is the third largest economy in the eurozone after germany and france. economist bob brusca says italy's crisis creates doubt about the future of the e

good night, everyone, and good night to you, too, tom. >> tom: good night, susie. i'm tom hudson. 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. thank you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> be more. pb] ♪ >> good morning, sir. >> inspector... >> i have a couple of questions i'd like to ask you, >> sir, if the stuff was in the wine, he'd be dead too.

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 >> tom: good evening and thank you for joining us. susie gharib will be along later in the program. two big stories in the markets today-- europe and oil. first? europe. fitch ratings this afternoon said u.s. banks have manageable exposure to europe, the analysis warns if the european debt crisis is not fixed soon, the broad outlook for american banks "will darken." fresh worries about europe's debt crisis spreading were all it took to send u.s. stocks sharply lower in the final hour of trading. the dow tumbled 190 points, the nasdaq lost 46.5 points and the s&p 500 down almost 21. trading volume picked up-- 915 million shares moving on the big board. nasdaq traded just under two billion shares. the day's other big story? the surge in oil prices to over $102 a barrel. that's oil's first push in five months above the $100

>> tom: the u.s. supreme court will take up the health care reform law, deciding if requiring people to have health insurance is constitutional, but an eventual ruling is unlikely to stop the debate. >> sometimes, the constitution rulings, if they're too sweeping, short-circuit the necessary compromises and difficulties of reaching a political equilibrium, which isn't always there, and we sometimes outsource these things to the court and don't get the answers we want, either. >> tom: and warren buffett changes his tune on technology, buying up a big stake in big blue-- i.b.m. it's "nightly business report" for monday, november 14. 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. thank you. captioning sponsored by wpbt >> tom: good evening and thanks for joining us. susie gharib is on assignment. italy's new government comes under pressure as invest

>> i think so, tom. i think it's every day you come not market and the european headlines from overnight pretty much set the course for the day. whether it is italy gok downgraded or france going to be downgraded, italy into default s merkel and germany going to be play nice. every day it is something out of europe and it puts a damper on the u.s. market, third-quarter earnings up 17% and the u. mat market in that same period down 14%. the focus is on the wrong thing t is like that accident when are you driving down the highway, you can't help but slow down and take a look ian though it increases the chances of you getting in an accident yourself it is what is happening here. we are distracted on the wrong thing. focus should be on the u.s. economy which is growing i think better than expected and the consumer come on strong, and corporate earnings which are looking very good and corporate balance sheets which are great. >> tom: are you saying buy u.s.a., made in the u.s.a. and among those stocks are you