CNBC World News, May 09, 2012

New Greek Poll Looms as Government Efforts Founder CNBC.com Tsipras, riding a wave of public disgust with economic hardship in last Sunday's election, has demanded that Samaras and socialist PASOK leader Evangelos Venizelos tear up their 130-billion euro bailout deal with the EU and IMF [cnbc explains] . See all stories on this topic »

CNBC PRESENTS "J.CREW AND THE MAN WHO DRESSED AMERICA," PREMIERING THURSDAY ... CNBC.com (blog) CNBC ORIGINAL DOCUMENTARY REPORTED BY DAVID FABER ENGLEWOOD CLIFFS, NJ, May 9, 2012—With more than 300 stores, nearly two billion dollars in sales, and even the First Lady as a fan, J. Crew -- once a flailing, lackluster brand -- has become a fashion ... See all stories on this topic »

Nouriel Roubini: Spain Could Eventually Exit Euro Zone -CNBC Wall Street Journal Spain could in as little as three years be forced to exit the euro zone, economist Nouriel Roubini told CNBC on Wednesday in an interview. Greece, said Roubini, will have to exit the euro zone by next year at the latest. If Greece, along with Portugal ... See all stories on this topic »

Spain to Demand Banks Recognize More Losses CNBC.com Spain's banks have around 300 billion euros in total exposure to the building sector, including property seized as collateral, equivalent to around 30 percent of the country's gross domestic product [cnbc explains] . Of that about 60 percent is ... See all stories on this topic »

Toyota Set For Revival, but Profits Far From Peak CNBC.com “It looks like the company is staging a good turnaround from the last year when it was hit by the Thai flooding and earthquake,” Koji Endo, managing director of Advanced Research Japan told CNBC. “Analysts are predicting earnings of between 800 billion ... See all stories on this topic »

CEO 'Pay Racket' Sparks Investor Insurrection CNBC.com On remuneration, what I believe is, it has to be linked to performance," said Thiam in an exclusive interview with CNBC on Wednesday. “We're always mindful in terms that we have a very good dialogue with our shareholders. Ultimately at the end of the ... See all stories on this topic » CNBC.com

US Is Land of Opportunity - No More? CNBC.com Bremmer pointed to the discrepancy in the unemployment [cnbcexplains] rate and access to opportunities between those who have degrees and those who are not college educated. “There are folks with college degrees, and the world is their oyster. See all stories on this topic » CNBC.com

'Jeopardy!' announces broadcast order for next week's Washington 'Power Players' Washington Post (blog) As for the rest, Tuesday: NBA's Kareem Abdu Jabbar, CNBC's David Faber and Fox News Channel's Dana Perino. Wednesday: BBC's Katty Kay, talk show host Dr. Oz and Fox News Channel's Chris Wallace. Thursday: comedian Lewis Black, Chicago Tribune's ... See all stories on this topic »

Global Economy May Confront 'Perfect Storm' in 2013: Roubini CNBC.com “By the end of the year Spain is going to lose market access," Roubini said in a subsequent CNBC interview. "They're going to require a bailout. That will keep them out of the markets for a year or two. That's not going to work out – then maybe two ... See all stories on this topic »

AI pilots to continue strike despite Delhi HC order Moneycontrol.com ... angry aviation minister, and even a court order - the tussle at Air India over who gets to fly dreamliners has become a nightmare and the airline will need more than a slap in the face to wake up from it reports CNBC-TV18's Swati Khandelwal Jain. See all stories on this topic »

Stocks Off Lows, but EU Concerns Persist CNBC.com —By CNBC's JeeYeon Park (Follow JeeYeon on Twitter: @JeeYeonParkCNBC) Coming Up This Week: WEDNESDAY: 10-yr note auction; Earnings from Cisco, Activision Blizzard, NewsCorp, Priceline.com THURSDAY: International trade, jobless claims, import & export ... See all stories on this topic »

China Shares Suffer Worst Loss in Six Weeks CNBC.com The FTSE CNBC Asia 100 Index China shares produced its worst loss in six weeks, hit by weakness in growth-sensitive sectors on jitters that a possible delay to the start of the country's five-yearly congress could complicate economic recovery. See all stories on this topic »

Counterpoint: Roubini Forecast Missing Something CNBC.com (blog) Roubini, also known as Dr. Doom for his bearish tone, made headlines on Tuesday after an interview on CNBC in which he outlined the potential of a perfect storm for markets in 2013. It included a crumbling eurozone. Roubini outlined a number of ... See all stories on this topic »

Why Riverbed Remains a Good Short to $15 CNBC.com For one reason or another, the company continues to make a case against itself for why it deserves any consideration among the ranks of the top cloud computing [cnbc explains] companies on Wall Street. At one point investors weren't listening, ... See all stories on this topic »

Yen Lifts, Riskier Currencies Slip CNBC.com [CNBC] Uncertainty in Europe also lifted the safe haven yen. [Reuters] Political uncertainty in Greece also weighed on the Australian and New Zealand dollars. [CNBC] Mortgage applications in the US rose, and the dollar lifted against the Swiss franc. See all stories on this topic » CNBC.com

Has German Opposition Joined the Pro-Growth Chorus? CNBC.com German lawmakers likely will delay a vote on the euro zone's fiscal compact on budget discipline because the country's main opposition party wants to insert growth-focused measures into the pact, a coalition source told CNBC. The delay has come about ... See all stories on this topic » CNBC.com

Situation in Europe a 'Slow Motion Train Wreck': Roubini CNBC.com Speaking to CNBC in Las Vegas on Tuesday, Roubini said he expects Greece to leave the euro zone by next year. Roubini's comments come after Greek voters rejected pro-bailout parties in Sunday's elections, raising the likelihood a new government will ... See all stories on this topic »

ING to renegotiate EU restructuring deal CNBC.com We are required as the consequence of that partial annulment to go back and renegotiate that," ING Chief Financial Officer Patrick Flynn told broadcasterCNBC. The European Commission will appeal against the court ruling, a commission spokesman was ... See all stories on this topic »

Financier Loaned Chesapeake CEO Another $450 Million CNBC.com Last week, Reuters reported that McClendon had co-owned and actively invested in a $200 million hedge fund [cnbc explains] that bought and sold the same commodities produced by Chesapeake. An outcry over potential conflicts of interest in the loans ... See all stories on this topic »

"General Hospital" leads daytime Emmy nominations CNBC.com Among TV talk shows, NBC's "Today" show brought home six, including one for its coverage of the British royal wedding last year, against one nod for its ABC rival "Good Morning America", which last month knocked "Today" off its No.1 morning spot for ... See all stories on this topic »

ING Profits Mixed; CFO Says Restructuring on Track CNBC.com Headline net profit [cnbc explains] came in at a far worse-than-expected 680 million euros ($882.31 million) due to accounting charges on its own debt and legal expenses, but Flynn is confident that tough decisions made over the last two years are ... See all stories on this topic » CNBC.com

Health-Care Costs in Retirement Rise to $240000 CNBC.com Comparatively, the latest reading of the Consumer Price Index [cnbc explains] , which tracks overall inflation, was only up 2.7 percent. Those nearing retirement “must understand that the cost of health care is expected to continue rising significantly ... See all stories on this topic » CNBC.com

Green Mountain's Stiller 'Hurt' to Lose Chairman Title CNBC.com Robert Stiller has told CNBC he was stunned to be removed as Chairman of Green Mountain Coffee Roasters. "I am really shocked and hurt, Stiller told CNBC on Tuesday evening. "There were no SEC laws broken, nothing that was in violation of Federal law. See all stories on this topic » CNBC.com

HK Magnate's $250 Million Chongqing Plan Intact Despite Bo Ouster CNBC.com “We went out to dinner and a propaganda show with him one night and I saw the local people really hugging him, saying what a great job he's done, and I look at that, I look at the culture of the people,” Zeman told CNBC's The Call on Wednesday Zeman is ... See all stories on this topic »

Meet the Greek Leader Who Sent Global Markets Reeling CNBC.com In an interview with CNBC back in September, he said many of the things he said Tuesday. At the time, when asked what the solution to Greece's problem was, he pointed straight at the requirements set out by the so-called troika — the International ... See all stories on this topic »

Vastly different audiences for favorite TV shows CNBC.com NBC's "The Voice" was seen by 9.5 million, rated by No. 20. Peel away some of the numbers and the differences are revealed. Nielsen said 11.86 million "Dancing" viewers, almost three-quarters, are over 49 years old. The median age of a "Dancing With ... See all stories on this topic »

StockBrainiac.com: CNBC Presents Documentary on the Future of TV Exec Digital (press release) This movement has gotten so big that CNBC, one of the nation's leading and most highly watched news distribution channels, presented yesterday at 9pm EDT "Stay Tuned: The Future of TV," a documentary about the buzzing Internet TV sector. See all stories on this topic »

Greek Fears Nudge Up US Treasurys Prices CNBC.com The yield on 10-year Treasury notes stood near three-month lows, with yields [cnbc explains] at 1.82 percent, down from 1.84 percent in late US trade. The market backdrop was likely to support a Treasury sale of $24 billion of 10-year notes later on ... See all stories on this topic » CNBC.com

UK Keeps Shopping Amid Economic Gloom CNBC.com The UK went into recession [cnbc explains] in the first quarter of the year amid government spending cuts and troubles in the euro zone, but Sainsbury Total sales, including fuel and new stores rose a very healthy 6.8 percent, growth which pushed the ... See all stories on this topic » CNBC.com

Top mobile carrier execs touch on customer trust Computerworld The CEOs of the top four mobile operators in the US -- AT&T, Verizon Wireless, Sprint Nextel and T-Mobile USA -- gave short presentations in the late-afternoon session and then sat down for an on-stage interview by Jim Cramer, the host of CNBC's ... See all stories on this topic »

Delivering on Surplus Promise Daunting Task for Australia CNBC.com The Australian government has promised to return the nation's budget to a surplus of A$1.5 billion ($1.53 billion) as early as the next financial year, but a ratings agency, an analyst, and the opposition party told CNBC on Wednesday that it may not be ... See all stories on this topic » CNBC.com

Nothing That Happens in Vegas Will Stay in Vegas CNBC.com My CNBC colleague Jeff Cox and I are off to spend the rest of the week in Las Vegas for the Skybridge Alternatives investor summit (SALT). You'll hear about the talk on the conference panels, of course. But I'll also strive to report on the latest talk ... See all stories on this topic »

How to Trade the Falling Euro CNBC.com We've seen bounces before," he told CNBC's Simon Hobbs. "I think we'll continue to grind down here." Busch wants to wait for such a bounce, and then sell the euro For traders who don't want to wait, Busch suggests entering the trade at current levels, ... See all stories on this topic » CNBC.com

Currency futures mkt's dollar frenzy stalls RBI hand Moneycontrol.com CNBC-TV18's banking editor Latha Venkatesh explains the day's run of the rupee. Below is an edited transcript of Latha Venkatesh's analysis on CNBC-TV18. Also watch the accompanying video It was expected that when the GAAR clarifications would come ... See all stories on this topic »

US Crude Settles Near $97, Down 5th Day - US Business ... - CNBC The Federal Reserve [cnbc explains] is expected to start a ... The EIA raised slightly its 2012 world demand growth forecast by 70000 barrels per day, in a monthly report on Tuesday, but cut its 2013 estimate by 140000 barrels. Copyright 2012 ... CNBC.com Energy Business News

We Are in Age of 'Late Great Depression': Shiller - Business ... - CNBC Staff Writer, CNBC.com. The world is in a state of “late Great Depression,” well- known economist and author Robert Shiller told CNBC Monday. www.cnbc.com/.../We_Are_in_Age_of_Late_Great_Depressio...

The World's Top Frequent-Flier Awards Go To... - US ... - CNBC The annual "Freddie" awards honored the world's top airline and hotel loyalty programs on ... CNBC reserves the right to moderate and approve your comment. www.cnbc.com/.../The_World_s_Top_Frequent_Flier_Awards...

Inside Blackberry World: 'We Have an Uphill Battle' - US ... - CNBC Brian Shactman went to "Blackberry World" and asked what RIM planned to do. ... CEO Thorsten Heins confirmed to CNBC that there WILL be physical ....Global Business and Financial News, Stock Quotes, and Market Data and Analysis ... www.cnbc.com/.../Inside_Blackberry_World_We_Have_an_U...

Your Best Commodity Currency — US Business News - CNBC CNBC's new "Money in Motion" is your passport to the global forex market. ...you profit from the largest and most liquid market in the world: foreign exchange. www.cnbc.com/id/.../Your_Best_Commodity_Currency

International Paper Profit Beats On Box Sales - US Business ... - CNBC International Paper, which acquired rival packaging maker Temple-Inland Inc in February, ... News. Blog Posts. Videos. Current DateTime: 01:33:17 05 May 2012 .... Better Your Business: Smart Growth Industries | A CNBC Special Report ... www.cnbc.com/.../International_Paper_Profit_Beats_On_Box_...

BREAKING NEWS FROM CNBC'S KATE KELLY: LEGENDARY ... WHEN: TODAY, WEDNESDAY, May 2, 2012 WHERE: CNBC'S “POWER LUNCH ” ... and CNBC HD+, CNBC is the recognized world leader in business news ... www.cnbc.com/.../BREAKING_NEWS_FROM_CNBC_S_KA...

World's Biggest McDonald's a Big Ad for Obesity: UK Doctors - CNBC News. Blog Posts. Videos. Current DateTime: 06:12:49 07 May 2012 ...Warren Buffett to CNBC: Mark Zuckerberg Right to Keep Tight Control Over Facebook ... www.cnbc.com/.../World_s_Biggest_McDonald_s_a_Big_Ad_...

Meet the Greek Leader Who Sent Global Markets Reeling - CNBC News. Blog Posts. Videos. Current DateTime: 10:00:57 09 May 2012 LinksList Documentid: ... CNBC Senior International Correspondent. The man behind much ... www.cnbc.com/id/47342551

Greek Communist Leader Supports Staying in Euro Zone ... - CNBC Its leader spoke with CNBC in September about a Greek program to keep the... News. Blog Posts. Videos. Current DateTime: 03:51:51 07 May 2012 ... is not a Greek problem — it's a European problem, it's an international problem, it's a ... www.cnbc.com/id/47323787

Never Mind Europe. Worry About India - Asia Business News - CNBC The economic slowdown in India is one of the world's biggest economic stories, but ... and the Three Little Pigs · CNBC Transcript: Warren Buffett on Squawk Box ... www.cnbc.com/id/47317814

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