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Transcripts For KQEH Nightly Business Report 20110716



this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt susie: good evening everyone. just one more week until an important deadline, july 22. tom, that s the date when president obama wants a debt- ceiling deal in hand. tom: susie, an agreement by a week from tonight gives lawmakers time to write and vote on new legislation before the august 2 deadline. susie: it looks like its going to be a working weekend in washington as both sides still seem far apart on an agreement. what i ve said to the members of congress is that you need, over the next 24 to 36 hours, to give me some sense of what your plan is to get the debt ceiling raised through whatever mechanisms they can think about, and show me a plan in terms of what you re doing for deficit and debt reductions. if they show me a serious plan, i m ready to move. we re in the fourth quarter here. time and again, republicans have offered serious pro ....

United States , New York , Emory University , United Kingdom , District Of Columbia , Freddie Mac , Kurt Reiman , Garry Niemeyer , Suzanne Pratt , Tim Cronin , Tom Hudson , Ted Cronin , April Klein , Anna Olson , Rupert Murdoch , Susie Gharib , Vincent Smith , Ben Bernanke ,

Transcripts For KQED Nightly Business Report 20110716



this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt susie: good evening everyone. just one more week until an important deadline, july 22. tom, that s the date when president obama wants a debt- ceiling deal in hand. tom: susie, an agreement by a week from tonight gives lawmakers time to write and vote on new legislation before the august 2 deadline. susie: it looks like its going to be a working weekend in washington as both sides still seem far apart on an agreement. what i ve said to the members of congress is that you need, over the next 24 to 36 hours, to give me some sense of what your plan is to get the debt ceiling raised through whatever mechanisms they can think about, and show me a plan in terms of what you re doing for deficit and debt reductions. if they show me a serious plan, i m ready to move. we re in the fourth quarter here. time and again, republicans have offered serious pro ....

United States , New York , Emory University , United Kingdom , District Of Columbia , Freddie Mac , Kurt Reiman , Garry Niemeyer , Suzanne Pratt , Tim Cronin , Tom Hudson , Ted Cronin , April Klein , Anna Olson , Rupert Murdoch , Susie Gharib , Vincent Smith , Ben Bernanke ,

Transcripts For KQED Nightly Business Report 20110716



this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt susie: good evening everyone. just one more week until an important deadline, july 22. tom, that s the date when president obama wants a debt- ceiling deal in hand. tom: susie, an agreement by a week from tonight gives lawmakers time to write and vote on new legislation before the august 2 deadline. susie: it looks like its going to be a working weekend in washington as both sides still seem far apart on an agreement. what i ve said to the members of congress is that you need, over the next 24 to 36 hours, to give me some sense of what your plan is to get the debt ceiling raised through whatever mechanisms they can think about, and show me a plan in terms of what you re doing for deficit and debt reductions. if they show me a serious plan, i m ready to move. we re in the fourth quarter here. time and again, republicans have offered serious pro ....

United States , New York , Emory University , United Kingdom , District Of Columbia , Freddie Mac , Kurt Reiman , Garry Niemeyer , Suzanne Pratt , Tim Cronin , Tom Hudson , Ted Cronin , April Klein , Anna Olson , Rupert Murdoch , Susie Gharib , Vincent Smith , Ben Bernanke ,

Transcripts For KQEH Nightly Business Report 20110715



captioning sponsored by wpbt tom: good evening and thanks for joining us. almost $7 billion in sales equals another blockbuster quarter for google, a blowout beginning to earnings for technology companies. susie, internet search and search advertising continue driving the big profits at the web giant. susie: tom, google s earnings surged almost 40% and google stock soared as well, up over $60 or 12% after the closing bell. google earned $8.74 a share in the second quarter, about $1 more than analyst estimates. google continued its hiring blitz, adding 2,400 employees during the quarter. paid clicks, or the number of times internet users clicked on the company s ads, rose 18%, in line with estimates. tom: morningstar s rick summer thinks google should be a core holding for investors and he s looking for $720 per share. they re still hitting the cover off the ball with their existing business. generating so much free cash flow that they could easily invest hundred ....

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