toshiba and sony are now in talks to merge their lcd units. sources say hitachi's lcd subsidiary, hitachi displays, is considering joining the business integration. the merged company would receive most of its capital investment from the government-backed innovation network corporation of japan, a fund that promotes business restructuring. a private research firm says that in terms of global market share for smaller lcd panels, toshiba ranks number four, hitachi six and sony seven. if the three integrated, the new company would have a share of over 20% and become the world's largest lcd maker. the three firms aim to boost their global standing and compete with south korean and taiwanese makers. >>> and now let's go to the markets. major stock indexes overseas extended their gains on wednesday. for more we're joined by business reporter yongghi kang at the tokyo stock exchange. good morning. we've seen some solid gains in global stocks. how are tokyo stocks trading this thursday morning? >> good morning to you, ai and thank you very much for th

toshiba and sony are considering a tie-up to expand business in smaller size lcd panels to capture growing demand for smartphones and other mobile devices. sources say the electronics giants are in talks over a possible consolidation of their subsidiaries that make small and mid sized lcd panels. they are planning to set up a new firm with a capital injection from the innovation network corporation of japan, a government-backed fund for promoting business restructuring. the move comes as the two makers see rising demand for panels for mobile devices amid tough competition for low priced lcds from other asian makers. toshiba and sony are aiming to produce production capacity and also likely invest in the field of electroluminsecent panels, a next generation technology, to gain a competitive edge. >>> now let's get a check on the markets. the dow fell for a fourth day in a row amid increasing worries an a u.s. economic slowdown. to see how stocks are kicking off in japan let's cross over to ramin mellegard at the tokyo stock exchange. >> reporter: good morning to you, ai. we're seeing the ni

confidence over health to greece and japan exporters are among the main advances with toyota and toshiba in the lead however the oil sector firms are weaker with impacts down around the percent and hong kong's hang seng is up almost two percent china is in. a rush or the markets will mostly start trading in five minutes before the myself the r.t.s. is already showing it's up zero point seven per cent on thursday the r.t.s. my six all pretty hefty losses obviously was down two point six percent my six almost two percent this was on the back of lower oil prices. now looking ahead into the trading session from the t.v. capital says russian markets are likely to consolidate our current levels the most rational. course of events is going to be. a little bit more of risk aversion in europe in the u.s. with regards to russia i think where more likely to see consolidation on current levels and obviously no risk taking is going to be on until the greek austerity measure vote takes place i think of the best bet is blue chip stocks the ones there are liquid because obviously we've seen a complete d

several other large companies including costco, toshiba and cigna are also facing similar suits. >>> the asian markets are posting gains today. tokyo's nikkei average rose 105 points today. hong kong's hang seng is up in late trading. in london, the ftse opened higher. meanwhile, on wall street the dow gained 76 points yesterday. the nasdaq index gained 13 points. >>> well, big city mayors are urging president obama to spend more on infrastructure. the mayors met with the president on monday and said this would be a good way to create jobs. the president himself has said infrastructure projects shouldn't be cut due to the budget deficit. >>> well, interest rates aren't expected to go anywhere when the federal reserve begins a two-day meeting today. the fed is likely to focus on how to protect u.s. banks from the financial crisis that's happening in europe. the average price of gas has dropped 6 cents a gallon in the past week. the average gallon now costs about $3.65. that is down 25 cents from early may. analysts disagree about whether the trend will continue through the summer. >>>

was almost back to pre quake levels however exporters are still under pressure with a limpets and toshiba declining around two percent homes saying it was down just a notch point one percent with the banks losing the most and finally it's moved to russia trade kicked off about an hour ago and it's all in the red they are down point nine percent my six percent this is on the back of declining crude prices mostly if we take a look at the main movers on the my sex marriage amazes dr luke or down point six percent banks are also losing point five percent that but as you can see that is up one percent. this is all on the back of the speculation of whether it's going to join us all in future projects the u.s. federal reserve held rates steady on wednesday mark rubenstein and i've seen much of paul believe the statement by fed chairman bernanke he could help lift russian markets in the coming days. as mr bernanke you see on the market that the exit from the q.e. two is going to be gradual and defend is standing ready to do whatever it takes to move this job market in this economy and haya so the

earthquake however exporters are still under pressure on the island posts is that two percent as is the toshiba on home sang sang is losing the point nine percent money driven by banks and in russia trading as property start is up from the two yes the r.t.s. is point eight percent the my six will start trading around three minutes time on wednesday there were mine against the rough was mainly driven by stronger energy in mining stocks. the us federal reserve held rates steady on wednesday mark rubenstein for metropol life c believes the statement by fed chairman bernanke he could help lift russian markets in the short. as mr bernanke you see on the market that the exit from the q.e. two is going to be gradual and defend is standing ready to do whatever it takes to move this job market in this economy. so the market can read into that and they're going to add to my contemplate their q e three or some sort of q e three so i think this is this this is going to move the markets higher i think not my child my slightly high at that particular year in the fact that the volumes are a lower during this

march earthquake however exporters are still under pressure linpus is down two point six percent toshiba two percent in the red hong kong's hang seng is losing point eight percent almost it's mainly dragged down by banks china construction bank to office and lower. tier russian trading will start in an hour both the us years and my six closed slightly up early losses on wednesday the growth was mainly driven by stronger energy and mining stocks. federal reserve held rates steady on wednesday mark rubenstein i see metropole believes the statement by fed chairman ben bernanke could help lift russia not its short. as mr bernanke you see on the market that their their exit from the q e two is going to be gradual and that the fed is a standing ready to do whatever it takes to move this job market and this economy haya so the market can read into dad's and the phantom i contemplate there a q e three or some sort of q e three so i think this is this is going to move the markets higher i think not my child but slightly higher a particular year in the fact that the volumes are a lower during this

and, not only was walmart facing one, so was costco, goldman sachs, toshiba.o, today, a lot of women decided to regroup on other ways to beat down the door, and claire shipman has those stories tonight. >> reporter: this isn't a woman you would think would need help with salary equality. with her successful morning show, she certainly didn't think she needed help, either, until -- >> i got a sense of what the guys were making on the set, and i looked around one morning and i realized i was the lowest paid on the set and, in one case, by far. >> reporter: she details her own uncomfortable, but ultimately successful, battle for equal pay in her new book, "knowing your value." she didn't wage a legal battle but engaged in hard ball negotiation. >> i think we apologize too much. we worry about whether or not we're liked by our employers. let me just tell you, men don't worry about these things when they go in and negotiate for themselves. >> reporter: and she has another tip. >> only do an ultimatum if you are ready to walk. and i was. >> reporter: her unpleasant

baikonur cosmodrome and the three crew members are all in quarantine mike fossum sergei volkov and said toshiba protocol was met with press family and friends today through the glass in what was their last public appearance the mood was light as they talked about what they will miss most about their comforts of home. in space we have a lot of different moods but think. of those disparate groups and first education and. things of course fresh fruits and vegetables are the most valuable products of yes this but home is frankly toodles the most is the japanese and to. things like such an. experience over forty scientific experiments will fill the crew's time at the i assess and as the on board physician cancer research will be undertaken by side toshi photocopy what he did give us some insight into what that will entail trying to serve. their needs. and the genesis of this whole grow cancer cells so. i'm using this is. really cancer when this crew takes off on the eight it will take them two days to duck out the i assess are you up to date on all the stories here are out for you but now it's time

as it weakened exporters gained, sony up by 3.7%, toshiba nearly 3% higher, hitch tach chi 3% higher. a strong rally for the electronics stocks in tend. notoriously volatile at the moment. charles? >> a look at what's going on in europe, just over an hour into the day's trading. in paris, the kak closed up more than 2% on tuesday. different story today, i think it's probably a fairly classic case of buy the rumor, sell the fact. clearly a perception in the markets that that confidence vote -- i said a no confidence vote, it was actually a confidence vote, of course, in the new greek cabinet would pass. so they bought on tuesday, selling a little bit, taking a bit of profits here on wednesday. all of these markets edging back. zurich smi off by about half a percent. in terms of the greek exchange, that opens in 30 minutes. we'll take you there and show you the athens general numbers as soon as trading starts. a look at the currency markets, just really relatively flat. very scant gains for the euro against the dollar after the agreement prime minister won that confidence vote. the poun

his toshiba attorneys say the prosecution testified falsely.ind bonds not guilty and throw the conviction out. >>> the twitter situation that involves anthony weiner took a new turn today. the voices calling for his resignation has a new member. a former porn star and exotic dancer. >> i think that anthony weiner should resign because he lied to the public and to the press for more than a week. >> reporter: the former porn star ginger lee had a press conference. she exchanged about 100 e-mails she says with anthony weiner from march to june, but says she didn't have a sexual relationship with the congressman. >> i did not sext anthony weiner nor did i send photos to him or receive any from him. any time that he would take our communications in a sexual direction, i didn't respond. >> reporter: he admitted sending lewd photos of himself to women. one spokesperson said he was suggestive in his e-mails to lee. >> here are some of the statements that she received about that. i have clothing demands too. i need to highlight my package. >> reporter:

when the more prominent ones get an injury and get one of these that kind of became somewhat style toshiba have that even if you had minor symptoms. i think you see a lot more guys wearing it. >> reporter: go to cbssf.com, click on "connect" to send me your good questions. >>> another california budget standoff. another deadline. so what would have happened if there wasn't a deal by midnight? something you might have loved if you're frustrated with your state lawmaker. >>> just when you thought the drama had hit a low point. we find ourselves sinking even lower. the newest member to join the anthony weiner saga. ,,,,,,,, ♪ let's go out to the dmv ♪ it's ok that we're number four hundred and three ♪ ♪ we'll find ourselves a comfy seat ♪ ♪ and watch some shows and stuff ♪ ♪ ♪ let's follow that lady with the laptop ♪ [ male announcer ] now you can watch hit tv shows on your laptop with u-verse online and on your smartphone with u-verse mobile, included with most plans. or get u-verse tv for as low as $29 a month for 6 months. in the network you can take entertainment with you. or get u-verse

costco, cigna, goldman sachs, toshiba, just some of them facing similar complaints but the court's ruling monday, a big win for corporate america. it found the 1 million women who wanted to sue walmart had too little in common to form a single case. >>> meanwhile, the fda revealed graphic new warning labels that will soon adorn packs of cigarettes including images of a baby in intensive care with the words "smoking can harm your baby" and a picture of a man with stitches running up his chest with the words "smoking can kill you." all warnings will take up roughly half the packaging and contain the phone number 1-800-quit-now. >>> first lady michelle obama visiting south africa's capital today on a goodwill tour along with her mother and daughters, malia and sasha. nelson mandela invited them to his home. >>> the fbi is doing something different, james "whitey" bulger tops the most wanted fugitive list. the boston mobster famously depicted by jack nicholson in "the departed." they have released a public service announcement across -- it's his girlfriend, catherine grieg who's known to freq

. >> now the supreme court ruling could have an impact on similar suits involving costco, toshiba, and >>> today lawmakers in greece could approve a new government that was put in place last week. that along with other steps would shore up confidence about greece's ongoing debt crisis. it's a situation in which nothing is happening easily. as karen travers reports. >> reporter: power outages rolled across greece on monday. as workers at the state-owned electricity company began a 48-hour strike. they're protesting the government's decision to privatize the utility. the latest measure to get a handle on greece's crippling debt comes after painful budget cuts and tax increases. this man said the debt measures have taken away his smile. and robbed him of his life and children's future. but european finance ministers say the greek government has not done enough. they've postponed handing out greece's latest loan installment, part of a $110 billion euro rescue package they approved last year to keep the country from defaulting on its debts. >> it's only possible to give more money and more