macarthur undation.]

. >> funding for this presentaon was made possie by the freeman undation of new york, stowe, vermont, and honolu, the newman's o foundation, and the john d. and catherine t. macarthur foundation macarthur foundation

as americans save more and chinese are able to spend re, we can put growth on a mor sustainable undation because just as china has benefid from substantial investmentnd ofitable exports, china can also be an enormoumarket for americ goods. >> paul: with at, president obama kicked o two-days of strategic economicalks with the chese. he says our relationshipill shape the 21 century. >> suzanne: up, and away. the dohas tacked on almost 40% since march. but wi the economy still in cession, many on wall street are wondering if stos have gone too f too fast. >> paul: from the failure of lehman brothers tohe demise of beartearns. congressants to know how, and why, the financial crisi happened. we talk to a member ofhe new financial isis inquiry commsion, former u.s. senator bob graham. >> sanne: then, verizon dials up weak results. the telecogiant posts a big drop in profits. and ramps up layoffs, now cutting 8,000 jobs ts year. >> paul: i'm pl kangas. >> suzne: and i'm suzanne pratt. susie gharib is off toght. this is "nigly business repo" for monday, july 27th. "nightly businesreport" is me p

. >> suzanne: my guest ts eveng, tricia neuman of t kaiser family undation. paul: big blue is getting a little bigger. i.b.m. today saiit's paying just over a billion dollars r buness analytics software maker s.p.s.s. software. the $50 a share all-ca deal has manyn wall street hoping for a return tthe boom days in e m&a market. but as scott gurvey repos, the jump ideals may be just a case of opportunity knocking. >> reporter: i.b.m. bbles up s.p.s.s. spri swallows virgin mobile. agilent gulps downarian, and that's justwo days of headline m&a activity. from amazon anzappos-- to bristol-mys squibb and medare- mergers and acquitions seem to be breaking out all over wall stre. omas burnett of wall street access says that's a sn of a change in outlook >> corporate boardooms are beginning to seehat we're through the worst ofhe overall economic recsion and that going forwarit looks like we can envisionrowth. it may not be this quart, next quarter or ear in 2010, but going foard we're through the worst and thgs are going to start to get better. >> reporte but if conf

the newman's own undation and e john d. and catherine t. macarthur foundation macarthur foundation >> millions fled to pakistan paws bloody campai to eliminate the tiban, but now some are headinhome. what will they find ther if some pters of the president of zimbabwe support to try edit constitution trade and welcome inheritae -- is support -- w [unintelligible] welcome to bbc wor news, broadcastn pbs in america and around the globe. comingp later, living lighter and spending less -- amecans taking community living mainstream. the powe is in those polls and how mh ago you have in your legs. invation that is the enbike. >> in theory, i is with the fighng is all abt, but this is the acid test on a massive scale. arnd 2 million peoe fled eiromes in pakistan's swat valley as the mility fought to clear thtaliban and make it a place where people could live in peace. now, the army has declaremost of the valley fe and is urging those millionto go home. but man aresing. they did not bieve the taliba are really gone we have th report from islamabad o

with a discsion of the nation's medire program is guest tricia neuman, direor of the kaiser family undation's medicare policy project. tricia, welcome. >> thank you vy much. >> suzan: well, medicare as you know turns 44this week an i guess bihdays are alwa a od time to take stock so i want task you, let's begin with, do you thinkhe medicare ogram is successful? >> i tnk medicare has been enormously successful. if you think about the stt of the proam, at that time, ls an half of all seniors h health insurance. so tod, all seniors have health insurance. they c get coverage thout rega to any health problems or without regard to their inme and by andarge, niors are very satisfiewith the program. it's a veryopular program, so, yes, i do thi it's been quite suessful. >> suzan: clearly, funding is one of the maj challenges facing the program. what are some the other challenges, though, that they're going to be dealing with >> wel actually benefits are a real pblem. medicare is actually less nerous than most large employer plans. so one of the issues i finding a way to improve benefit so that seniors

funding was made possie by the freeman undation of new rk, stowe vermon and honolulu. thnewman's own foundationnd the john d. ancatherine t. macahur foundation. >> openinthe way to a new deal -- america and russia agree to cuttrategic nuclear weapons. >> we resolved to reset u.s.- russian relaons. this starts with the reduction of our own nuclr arsenals. >> hundred a arrested in china after the riots in xinjiang. least 156 are killed. hinese officials say th city is under control, but they have not stopped with the troops. they close down the inrnet. >> what is the plan now? as of honduranilitary makes it cle, the exiled present is not welce. a warm welco from bb world news, broadcast on pbs in america and are on the globe. coming up later, architect of the vietnam w and champion of th poorformer.s. defense secretary robert mcnamara dies at age 9 ndon landmark it'a new installation andhe pubc get an hour of fame. >> rack obama came to oice talking of pressing eeset button onelations with moscow the start of h two-day summ with the president, dimitry medvev, we have see

entering this sector which is as i said,il prepared to hand the current sector, it is going to in undate and overwhelm our social system in the next few years. >> as the congressman pointed out. 1-ten thousand was the incident of autism in 1980. that remained more or less constant until the end of the 80s. >> part of it was lack of looking for it. the cdc was doing next to nothing to find out who had it. >> today it's be difficul >>> with regard to an autistic adult, the iq of the standardized literature view of the separation point of an autistic versus a nonautistic child is around 50, below 50. sometimes even those below 50 will have an extraordinariy talent like the piano. correct? you seen that? >> i guess one of the points we are trying to make at the autism society of america is that we believe that autism is treatable and that virtually everyone with autism has the strength that can be developed that could have them function into fairly typical way in the conventional population. it's a matter of finding what those strengths are and developing them and working with the child to e

sloan undation.ology, and improved economic performance and fincial literacy ithe 21st century. and with the ooing support of ese institutions and foundations. and. this proam was made possible by the corporation for public broadcasting. and by cntributions to your pbs station from viewers le you. thank you. captioning sponsored macneil/lehr productions captioned by media access group atgbh access.wh.org no

when the web site opened yesterday, it was in undated with 4 million hits in the first hour and a half, so many it crashed. fans were crying but city officials showed little sympathy. >> if you do not have a ticket, not only will you not be allowed at these venues, you will not be allowed in this area. >> reporter: predictably if tacky the tickets are the hottest item in town, going for up to $10,000 on ebay, even though the memorial site clearly states tickets are nontransferable. resale not permitted. policeman to cordon off the staple center and urge nonticketed fans to stay home, but just in case this cash strapped city will tap emergency funds to pay for police and crowd control. some maxed out taxpayers are asking why the public must pay for a private service. >> i did place a call to try to speak to some representative of the jackson appeal to see if i could reach out to their family and friends and see if there were people there interested in making a contribution. >> reporter: nature abhors a vacuum. >> and so do michael jackson fans. in the absence of real information about t

theongoingpolitical turmoile, we joined by shin molavi, an expert on iran and fromhe american fello undation. he joi us from washington. welcome to the prgram. >> thankou. >> how signicant were today' demonstrations compared t tho that folwed last month disputed elections >> well, i think these were significant, martin, because today was t 40th day afte the killing of ne alla sultan. yo recall the woman that w shot, she became a symb with the brutality in which they were me so it w significant religisly because 40 days after a death in shia islam is knwn as the arbien and mourning ceremonies take place. but i think it was so signifint just because it took place a it shows that protes are coinuing, despite he enormous brutality that is being agnst the iranian people. do i think that has enormous significance as well. >> do youthink that these anti-governnt protests are likely to continue, prhaps even intensify? >> i think the level of anger is so gh, parcularly sense we're heang about all of these new revelatns eerging from how many of the protesters that were imprison were treated, this mass

plus an undate on local students quarantined in china. we have those stories right after the break.  >>> new and alarming predictions about the swine flu. health officials warn it could make up to 40% of americans sick over the next two years. the prediction is twice the number of people that normally get the flu. officials say the projection would drop if a vaccine is successful. meantime the global health community is racing to get the vaccine ready before flu season. the world health organization has been promised 150 million doses. they say the first vaccine should be ready by early fall and the virus is still spreading. >> the spread of this virus continues as you see 160 out of 193who member states now have cases. so we are nearing almost 1- almost 100% but not quite yet. >> once a vaccine is ready the first doses will be given to the least developed countries. >>> the swine flu linked to another death in maryland. an adult from the eastern shore. this victim didn't appear to have any underlying medical condition. fou

while there are undated the state-run tv claims he's a recent photos of the leader inspect one of his country's army navy. this after reports we first broke your "fox report" last weekend saying the 67-year-old leader was diagnosed with cancer and has only five years to live. speculation had been running high because of kim jong-il god -- gone to appearances at recent events jaculate has classes on some of the most fought over land and history, and when she pride on the road to change a nation. just two stops as we go around the world in 80 seconds. >> u.s. bank: hundreds of protesters clashing with israeli troops while demonstrating against a massive security barrier. the barrier cuts through villages and fields the palestinians say belonged to them. the protesters hurling rocks at the soldiers who responded by firing tear gas into the crowd. >> china: dozens of students from the uk quarantines in a hotel after several were diagnosed with the h1 and one virus commonly known as swine flu. one american tourist says people from the u.s. spain and other countries, are also being held in

over the years i save many such cards, a fraction of all of the ones but since they are undated i cannot tell will now which came first. no matter they were a beam of attention from the top. then i go on to give the back story of meat and taking a sensor 1970 and the introduction, at 44, bills age when he accepted my article, he was conscious of the passage of time. in the early sixties a younger colleagues at and on one of his interviews. bill was in fine form like a jet with a switchblade. the reporter save his toughest question for walking out could store and bill smartly enough to decide. when the door closed he turned to rickenbacher and grant, i could keep this shit up until i and 40. [laughter] he kept it of much longer the even sensing when he is no longer an infant had of the blue here came a kid pulling the same stunts he had pulled in college only he was doing and high school. the old man thought maybe i found another me. now the rest of the book and the next 40 years of my life have three movements. which are already there the first of the movement's is a portrait, a portrait

>> caller:e'd like to know about undation coal holding >> we've got peabod btu.n hideously. peody energy, that's yr quality play. i'd rather see new that. let's not mess with less quality. if you want to go one notch down because you wan a $14 stock, we'll go with arch coal. i'm sorry. th're all better than foundation. yoknow what, i d want your family in that bad coal compan now, of cose, coal foundation ceo will sayit's go. one says i work ery day for aad company becaus that's not the way it's done in america. let's goto kim in pennsylvania. caller: jim, big boo-yah from pennsylvania. >> boo-yah. either fro pirates or phil boo-yah. >> caller: my questi is on ppg. on your entry point of $45. sinc i'm long over ten yearsi want quality companies. can you jump in on t dip. >> bought some todayor my charitable tst. it hit that mac level. hi yielder. terrificeo on two weeksago. 's tking about 15% business in cha. they have a ding business. i looked at the some of their sunges this weekend at the aforementioned ctco. i think you have a winner. ppg. and i wa you buy mo

we have a lot of these progra abro juices partly fromur donors and undation support we've t gotten a lot of suppordirectly from the foreign vernments althoh we've gosome partial support. >> charlie: what aut the mid east d the arab rld? >> we are hing to getore action going to the middle east. we've g a number of interesting progra, our divinity school has some terrific invvements with muslim clerics. we've built a fabulous enterprise called the comm word whi is a christian dialogue. then ofourse on faith and globalization, where it is looking worldwide at religious conflict andhow can you use region for a force for grin in the world as oppos for force for -- christian musm conflict and of course he'seeply involved in the middle east. and he's, y know, he's heing us push the envelope in the middle east as well. we're talking wi several universities in the middle east abt potentially partnerships too in theciences and engiers. >> charlie: nd africa? >> africa we've got quite a lot ofapacity blding ograms going on. we have a proam, we have some programs that work with developing capaci

and theational science undation.upporting edution and research across allields of scnce and engineering. and with thongoing support of thse institutions and foundations. an.. this prograwas made possible by the corporation for publibroadcasting. and by contributions tyour pbs stationrom viewers like you. thank you. >> hrer: the senate judiciary committee compled its questioning today of u. supme court nominee sonia sotomayor, and even so of her critics acknowledged confirmation by theull senate is etty much assured. newshour congressinal correspondet kwame holman s our lead story report. >> repter: on this third and finalay of the questioning, judge sotomayor w praise from several republicans-- ang them,outh carolina's ndsey graham, who has said he mit vote favor of confirmation. today, he had a hoful appraisal of sotayor as he talked about how she mht hdle a gun rights case if it comes before the gh court. >> i don't know howou're going to come out othat case, because ihink, fundamentally, judge, you're able, afterl

and with the ongoing suprt of these institutions and undations. d...is program was made possle bythe corporation for public broadcaing. and by contributions tyour pbs station from viewers like u. thank you. >> lehre major hospital oranizations joined the effort today to cut medical costs. itas the latest move to help pay for sweeping reform of the health care system. betty ann bowser haour lead story report. >> reporter: vice presidentoe bideannounced the deal in washington todawith admistration officials and leers of the nation's three largestospital groups by his side. >> those o don't have insurance because they' lost their jobs or havbeen denied coverage becaussomeone in the family has a preexistg condition are throwin themselves at the mercy the peopleho represent the major hospitals in this-- inhe united states of america tay. and, as a result, ouhospitals are crackinunder the weight of providing quality heah care for amicans who lack iurance. >> reporter: under t reement, the catholic healt association of the united states, the american hpital a

and thnational science undation. supporting educion and rearch across all fields of science and engineerg. and with the ongoingupport of these institutions an foundations. d... this pgram was made possible by the corporation for public broadcasting. and byontributions to your pbs station from viewers li you. thank yo >> lehrer: geral motors tered a new era today. the reorganized au maker officially ended its journ through bankrupt. judy woodrufhas our lead story report. >> reportergeneral motors erged from the chapter 11 bankruptcy process ter just 40 days, andfter leaving behind billions of dollars in deb. wyers labored through the night with a stack of lel documents twoeet high. they cleared the way tsell theadillac, chevrolet, buick and g.m. brands, and other sets, to a "new g.m." witthe vernment as majority owner. the company is shedding huer, saturn, saab, and ntiac, which are being ld or closed down. in detroit, g.m. chiefxecutive fritz hendson said it's a more streamlined companyith a "rare second chance". >>

and with the ongog support of thesinstitutions and undations. and...s program was made possibl by the corporation for public broadcasting. and by contributions toour pbs ation from viewers like you. thank ou. captioning sponsored by macneil/lehrer oductions captiod by media access group at wgbh acceswgbh.org 1

why is she stepping g do an acacally chris says wre getting undated a abo e e-mlsls something i jususttmamailrom the national director ofof the tional urban leleag policy institute, so mamayb i i'll tryd clear up what i said,, althoughi stand by .. >> s sta b by it. >> i stand b by what i meant, atat'sor sure. we're going to t try get ananswss as well whh nbc's's andreamimitcll frfromhehe govern governor's hometown n w wasla, alaska, anand anany fair's" todd purd pupuum who details the strtraid relationship w wh h thmccain campaiaignlllltraight ahead. experienence theound of dazazzlinwhe teeth... thisterine® whitening vibrant white ririe. who else coulde you extra ititeng power, kill breath germs, anand even prevent stains? liststerine® whitening® vibrant white. rinse your way tohiter teeth. you have questions. who cagive you the financial adceou need? wherwiwill y find the stability y and sources k kyou ahead of this pipidly evolving world? these are tough h estion th's why we brought toth two of the most werful names in the i indusy.y. introducing momorgan snley smith barney.. here to