captning sponsored by wpbt >>aul: when it comes to foreclosure preventionthe administrationays there's too much foot dragng. now it's phing the nation's biest mortgage servicers to do bettery working out half a million troubledoans by november. >> suzanne: reforming alth care and fding medicare will go hand in hanon capitol hill. tonight, we talk micare and health reform with theaiser familyoundation's tricia neuman. >> pl: i.b.m.'s doing it. sprint and amazon to but does the recent jump in deals mean m&a is ck on wall street? yes,nd no. >>uzanne: then, we head to china where motorola'saking its cues dectly from the consumer and trying to boo its share of the cell one market. >> pl: i'm paul kangas. >> suzanne: and m suzanne pratt. susie gharib is off tonit. is is "nightly business reportfor tuesday, july 28. "night business report" is made possible by: th program was made possible by contributionso your pbs station from viewersike you. thank you. >> suzanne: good eveni, everne. the beatenown u.s. housing rket may be showing signs of stilization. the s&p-case shier index of home prices

caioning sponsored by wpbt captned by media acss group at wgbh access.wgbh.org ed mapp grew up going to the movies. i think ck on my childhood and member how important movies were toe. at thatime, it was the only wato see the outside world. ed decid to be a professor - an expert on the impact the media. today u have television. people he at least one tv set inheir home. whatever messages cong on that screen is being extended to the eire family. now that'awesome. it can baffecting our country anculture foyears to come. that's o of the reasons why puic televisn is so important, because it does assume that responsibili. ed includ his public television stion in his will. consid joining the community people who want public television to spa generations.

thank u. ptioning sponsored by wpbt captned by media access group at bh access.wgborg

captning sponsored by wpbt >> susie: the fed'reputation has been tarnished so sa a key report on reforming financia regulation. it co-author, william donaldson, ss a systemic risk gulator is needed now and it ouldn't be the federal reserve. >> they were buying corpse when they thought they were buying a bab >> jeff: he's talking abt scams touting moy making opportunities in the worless shares oold g.m. mingp, an investor alert. >> susie: tonight's stet critique guest says wal-ma's not e only retailer cashing in on the recession. he'satrick o'hare, chief market analy at briefing.com. >> jeff: then, ilooks like moreeople are paying their credit cards on me. americ express and capital one both report delinquencieare wn. the newselped stocks surge as the dow addeover 250 points. >> susie: i'm susie ghib. >> jeff: and i'meff yastine. paul kangas is off tight.

captning sponsored by wpbt 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. "

captning sponsored by wpbt ( willie nelson singing ) >> ♪ on throad again.ust can't wait to get on th♪ ♪ road ain. >> paul: no more waing for general tors. the american icon is on e road again, emeing from bankruptcy after just 40 days. >> at the new g.m.e need to makehe customer the center of everything. and we're gog to be obsessed th this. because we don't get this right. noing else is going to work. it's that simple. >> susieg.m. c.e.o. fritz heerson tells us about the automaker's second cnce. and what american consums can expect frothe new g.m. >> pau tonight's market monitor says thetimulus package is finally startg to goose the economy. he's roberdrach, editor of the drach weekly research repo. >> susie: en, wall street's gearing up for a flood of earnings from the nation biggest banks. coming u a preview of what to exct, and what investors should look for. >> paul: i paul kangas. >> susie: and i'm susie arib. this is "nhtly business rert" for friday, july 10. "nightly business report" is made possibley: this pgram was made possible by contributions t

captning sponsored by wpbt >> susie: good ening, everyone. another sharp drop in oiprices today-- th are now at $62 a barrel. the past week alone, they'v mbled 13% on growing concern an economic recovery is far away. the latile ups and downs in the new york oil markets are tting attention in washington. regulators are trying to fige out whher wild swings in prices are a result of bets de by speculators as darren rsh reports, the commodity futures tradin commissionays it's time for some answers. >> reporr: if you buy crude by the tanker or fuel by the truckload, regulators say yo have physical demand for oil, a real need to ptect your business by ading in futures rkets. the commity futures trading commsion is considering stcter trading limits on everyone who h a financial need for oil, meaning instors and speculors. c.f.t.c. commissioner ba chilton says t idea is to limit the ability of anyne trader to pu around energy pres. >> this is an effort to sure that peoe are paying a fair price for commodities. it's not ourob to pick a high ice or a l