to evolve into a software company. and now today i m proud to say, we are a hardware and a software company. the body camera business is now on track to become a billion dollar industry. making the competition even more fierce. some players have been accused of using unfair tactics to secure contracts. from cultivating close ties to police chiefs to splurging on luxury vacations for other law enforcement decision makers. get yourself some cover. am i doing something wrong? yes, ma am, you are now. and some police departments have also come under fire. approving a no-bid process, which allows a single company to secure a body cam deal without facing any competition along the way. our model, for wolfcom, is actually honor, courage and integrity above all else. so we ll never stoop to that level. after 17 years of being in business, i ve learned something. no matter what, i m still here. you need to think of your life like an airplane. always going forward. never going back. y
are a hardware and a software company. the body camera business is now on track to become a billion-dollar industry, making the competition even more fierce. some players have been accused of using unfair tactics to secure contracts. from cultivating close ties to police chiefs to splurging on luxury vacations for other law enforcement decision makers. get yourself some cover. am i doing something wrong? yes, ma am, you are now. and some police departments have also come under fire, approving a no-bid process, which allows a single company to secure a body cam deal without facing any competition along the way. our model is actually honor, courage, and integrity above all else. we ll never stoop to that level. after 17 years of being in business, i ve learned something. no matter what, i m still here. you need to think of your life like an airplane. always going forward and never going back. you can t go backwards. go ahead and cuff him. hands up! hands to your side.
graduation. reporter: jobs has admitted he could be difficult and demanding, which was borne out by what some friends and colleagues told the fbi. one calling him deceptive and willing to twist the truth. another calling him narcissistic but adding he had far-reaching vision. far-reaching vision. that s how most of us will remember steve jobs. pierre thomas, abc news, washington. and it was interesting. i was just reading about in the book when he was interviewed as he was on his death-bed about what he thought about life after death, and he said he s 50-50 about it, he can t imagine that there s just a light switch that after you ve amassed all this information you that just turn it off. he said that s why he never put on-off switches on any of the apple devices. which i just thought was that s fascinating. even the device is kind of reflective of his life philosophy. such a fascinating guy. he really is. wow. one month after filing for bankruptcy, kodak is now phasing o
the housing meltdown took down with it countless homeowners. in fact i m probably talk about many of you. today federal and state officials announced a $26 billion foreclosure settlement aimed at righting some of the wrong. the settlement was made with five of the nation s largest home lenders. let s bring ali velshi. what will this mean for homeowners? citi group, bank of america, wells fargo and it s $26 billion and it s going to spread out the pot this way. first of all no more robo signing home foreclosure. if you were foreclosed on you may get $2,000. if your home is underwater you could get an average of $20,000 in principal reductions as long as your loan is not with fannie or freddie or backed by them. these are private loans. the lenders get immunity from future state claims. they don t get immunity from criminal investigations. homeowners can still pursue claims against the banks even if they take either the $2000 or the $20,000 in reduction. and states still ha
government. signing a bailout is at the center of negotiations between the political parties. the international atomic energy agency says it has, quote, serious concerns about iran s nuclear program. the u.n. s nuclear watchdog says it has credible information that tehran may be developing nuclear weapons. iran s president calls the report a fabrication. u.s. officials say they ll use the report to lobby for new sanctions. the vote is under a year away, but controversy is already swirling in the u.s. presidential campaign. four women accuse republican candidate herman cain of sexual harassment. cain flatly denied the accusations in a news conference tuesday saying the democrat machine was behind a ploy to derail his presidential bid. those are the top headlines from cnn. i m monita rajpal. world business today starts now. good morning from cnn london, i m nina dos santos. and a good afternoon from cnn hong kong. i m andrew stevens. welcome to world business today. t