captioning sponsored by macneil/lehrer productions ifill: good evening. i m gwen ifill. president obama calls for a health care summit: bipartisan solution or party politics? brown: and i m jeffrey brown. on the newshour tonight, we look at the latest jockeying over policy and power after some conservatives rallied around sarah palin at this weekend s tea party convention. ifill: then, nearly one month after the quake hit, a report from haiti on the ongoing struggle for survival. brown: and ray suarez gets two views on what it will take to rebuild haiti s government. ifill: making a list and checking it twice: betty ann bowser looks at one way to cut health care costs. in michigan they had a two-third reduction in within a year, saved 600 lives an 2 $am dollars. brown: and more than just a football game, as new orleans celebrates a super bowl victory. we play for so much more than just ourselves, we play for our city. ifill: that s all ahead on tonight s pbs n
captioning sponsored by wpbt tom: mounting debt problems half a world a way weigh on wall street again today, sending the dow to close below 10,000 for the first time this year. the concern, out of control debt in greece, and new worries in spain and portugal. susie: o how do those i.o.u.s in the mediterranean affect your investments, and the still fragile world economy? you re watching nightly business report for monday, february 8. this is nightly business report with susie gharib and tom hudson. nightly business report is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. susie: good evening, everyone. a disappointing day on wall street as the dow closes below the 10,000 level. but tom, traders and investors were talking more about the markets in greece. tom: u.s. stocks have been down three of the last four days, and in athens the markets were down for the 4th straight day on worries about
the automaker is expected to unveil a fix for the prius problems today. that is one of the most popular vehicles. toyota shares more than 3% last week. and then a new ceo, john bane will head up the small business lender. and john thain left the firm amid the outrage over bonuses that he spent redecorating his office. and first american state bank of minnesota collapsed over the weekend but will reopen today under new ownership. 140 banks failed last year. and let s take a look at the markets. the dow industrials coming off the longest streak since losses. we are back below 10,000. and the nasdaq is off just a fraction, and barely below the
today and many made a strong case for bringing thain in because he s known for turning companies around, brought them into the 21st century, so to speak, went to electronic trading, started to maybe do it at merrill lynch and then the financial system blew up and he was able to orchestrate a sale of merrill before arguably that company could have went under. he got them out of it. jenna: but he was criticized for big bonuses and redecorating his office with major money. are there some things we should be concerned about here? apparently the board discussed all that and took it into account and still thought this was the best person for the job. jeffrey peeker who used to be at merrill lynch was the ceo at cit, they knew he was leaving for a while, they had been searching for something like four-months and they came to the conclusion that thain was the right guy for the job. it was like sean payton going for that kick at support bowl. it s a sports analogy if we can. he s a genious, i
jon: happening now, in the top box senate democrats are looking to push through a jobs bill this week. the bill would extend unemployment benefits for people whose payments have already run out. in the middle box, new threats from north korea that, rogue nation now warning the south any attempts to bring it down would draw strong measures from its military. the tough talk comes ahead of new rounds of diplomacy. in the bottom box a new job for former merrill lynch ceo john thain. he has been tapped to head cit group. you might remember thain brokered the merrill sale to bank of america at the height of the credit crisis in 2008 but he came under fire for having paid out billions of dollars in bonuses to merrill employees before the deal actually closed. jenna: at fox we re on the job hunt for you, millions of americans are relying on part-time work to make ends