Oprah's Friends Assemble for OWN

Oprah Opens Up About Ending Her Show
Oprah Winfrey in a recent "Early Show" interview with Julie Chen. (CBS) She connects with fans and runs with some of the world's Most Powerful people. (CBS) The Kennedy Center Honors is the quintessential American award for a lifetime of artistic excellence. On Wednesday morning, "The Early Show" kicked off a series profiling this year's honorees. Among this year's honorees is the one and only Oprah Winfrey, who recently sat down with our Julie Chen for an exclusive interview. Winfrey, named ...

After Australia tour, Winfrey vacations in Fiji
SUVA, Fiji - Fresh off an Australian tour with her frenzied talk-show fans, Oprah Winfrey is taking a respite in the South Pacific Island Nation of Fiji, where the Military regime wished her "a great time." Fiji's Tourism minister said Winfrey was spending the Christmas holiday there and that officials wanted to respect her Privacy. Local media reported she arrived Thursday and that she and longtime beau Stedman Graham were to stay until Dec. 26. "We know she is here for a holiday and resp...

House sends food safety bill to president
WASHINGTON (AP) — The House has passed a sweeping bill aimed at making food safer following recent contaminations in peanuts, eggs and produce, sending it to President Barack Obama for his signature. The Legislation passed Tuesday would give the government broad new powers to inspect processing plants, order recalls and impose stricter standards for imported foods. The $1.4 billion bill would also require larger farms and food manufacturers to prepare detailed Food Safety plans and tell th...

Blackburn Fights Against Net Neutrality
Rep. Marsha Blackburn (TN), a Member of the Energy and Commerce Committee and leader against net neturality, recently gave an interview on the topic to CNBC. The FCC approved Net Neutrality rules today but Republicans like Blackburn are ready to fight back when they take back power in January. Blackburn spoke with Bloggers today about her bill -- H.R. 3924 -- that will do just that. Read an excerpt of the CNBC interview here: LL: Should the Government have the right to have such reach into the ...

CBS announces midseason changes, adds 3 rookies
LOS ANGELES (AP) — Prime-time leader CBS is tweaking its schedule to bring midseason shows aboard. Joining the CBS lineup is spinoff series “Criminal Minds: Suspect Behavior,” which will debut Feb. 16. Other newcomers are the comedy “Mad Love,” debuting Feb. 21, and the spy drama “Chaos” starting April 1. As part of the shuffle, the Tom Selleck police drama “Blue Bloods” will move to 10 p.m. ET Wednesday for four weeks beginning Jan. 19, then...

If Every Rich Person Were Larry David, I'd Feel Better About Cutting Their Taxes
The Qatar Model: A New Way Forward for the Middle East? Derek Thompson - Derek Thompson is an associate editor at The Atlantic, where he writes about economics, business, and technology. Derek has also written for BusinessWeek, Slate and The Daily Beast. Derek Thompson is a blogger at TheAtlantic.com and an associate editor for the Business Channel, where he writes about Economic Policy, technology, and the media industry. He is also a visiting research fellow at the Committee for a Responsible ...

Judge wont stop American from dropping Orbitz
CHICAGO (AP) — A judge in Chicago says he will not stop American Airlines from pulling its flight listings from the travel website Orbitz. American wants to end its flight listings on Orbitz and have Orbitz connect directly to the airline’s reservation system. A company called Travelport, which owns almost half of Orbitz Worldwide Inc., got a judge to block the airline’s move temporarily. On Tuesday the judge said he would not grant the preliminary injunction that Travelport wa...

A Single Trader, JP Morgan, Holds 90% Of LME Copper
that JP Morgan has denied it owned more than 90% of the copper positions on the LME, we suggested that this could very well mean that Blythe Master's firm could just as easily control 89.999% of the copper and still not misrepresent the truth per that non-commital Press Release. Turns out our unbridled cynicism was spot on as usual. The Wall Street Journal has just reported that in the copper market "a single trader has reported it owns 80% to 90% of the copper sitting in London Metal Exchange w...

I don't know about you but sites are loading more slowly for me already
Right now, as I sit here, I have Americablog in one tab sitting and waiting for "widget.linkwithin.com". Vagabond Scholar is in another one, waiting for "i4.ytimg.com". The article in the New York Times on how the so-called Democratic majority at the FCC sold us out on Net Neutrality yesterday won't run at all. It's waiting for "graphics8.nytimes.com". Ah, there it goes...after about a full minute. Wired.com's home page is waiting for "syndication.jobthread.com." CNBC.com took forever to load, w...

Heathrow boss gives up bonus amid snow chaos
LONDON (AP) — The boss of London’s Heathrow Airport says he will forego his Bonus this year, after the airport came under heavy criticism for snow-related disruptions. Colin Matthews, chief executive of airport operator BAA, says Wednesday he has decided to give up his Bonus and his focus is on “keeping people moving and rebuilding confidence in Heathrow.” Heathrow, the world’s busiest International Airport, has been criticized for its inability to cope with the rec...

Stocks mixed ahead of home sales, GDP reports
NEW YORK (AP) — Expectations that the U.S. economy is growing faster than first thought will be the focus of Wall Street Wednesday. The Commerce Department will issue its final estimate of gross domestic product growth for the July-to-September period. Analysts predict that the number will be bumped up to 2.8 percent annual growth from early estimates of 2.5 percent. Investors will also learn how the housing market fared in November, with the release of data on sales of previously occupied...

Allen Sanford to Undergo Examination by Psychiatrist
Accused Ponzi schemer Allen Stanford, whose attorney says he is unfit to stand trial on allegations of Fraud, will be examined by a government Psychiatrist. Federal Prosecutors asked for the examination after the court-appointed defense attorney argued that Stanford is too heavily medicated to assist in his own defense at a trial set for next month, CNBC reported. The results of the examination will be filed with the court under deal. U.S. District Judge David Hittner has yet to rule on defe...

UK minister declares war on Rupert Murdoch
LONDON (AP) — A senior British minister had to step aside from media policy issues after telling undercover reporters he had “declared war” on media mogul Rupert Murdoch. Business Secretary Vince Cable was taped by Daily Telegraph Journalists posing as constituents saying “I have declared war on Mr. Murdoch and I think we are going to win.” Murdoch’s News Corp. owns several British Newspapers and has a 40 percent stake in broadcaster BSkyB. Its bid to buy the ...

Deutsche Bank to pay over $550M in fraud probe
NEW YORK (AP) — Deutsche Bank admitted criminal wrongdoing and agreed to pay more than $550 million in connection with its participation in tax shelters that enabled the rich to avoid paying hundreds of millions of dollars in U.S. taxes, authorities announced Tuesday. Federal Prosecutors and the Justice Department’s tax division announced the deal, saying a nonprosecution agreement requires the bank to continue cooperating and to submit to the appointment of an independent expert who...

Robots gives restaurant futuristic feel in China
JINAN, China (AP) — Service with a smile also comes with a mechanical voice at the Dalu Robot restaurant, where the hotpot meals are not as famous yet as the staff. The restaurant is touted as China’s first robot hotpot eatery, where “Star Wars”-like droids circle the room carrying trays of food in a conveyor belt-like system. More than a dozen robots entertain, serve, greet and receive customers. The eatery opened this month in Jinan in northern Shandong province. The se...

Kass: Surprises for 2011
Doug Kass has been teasing Fast Money watchers, dribbling out his “Unexpected Surprises.” (He will be dropping two more per week every Monday). Surprise No. 1 : I expect a series of Populist initiatives by the current administration beginning by a frontal assault on Mutual Fund 12b-1 fees. Surprise No. 2 : The Internet becomes the tactical nuke of the digital age. Cybercrime likely explodes exponentially as the Web is invaded by Hackers. No. 3 : Scarcity of water boosts agricultura...

Hulu IPO on hold (for now)
  As Hulu executives chart the evolution of the online video service, the idea of raising money through an initial stock offering appears to be on hold — at least for now, say people familiar with the matter. The service accomplished its initial goal: to offer Web users a way to watch a broadcast television show they missed without resorting to Piracy. Last summer, Hulu launched a Subscription Service that delivers current and classic TV shows to new devices, including game conso...

If Every Rich Person Were Larry David, I'd Feel Better About Cutting Their Taxes
The Qatar Model: A New Way Forward for the Middle East? Derek Thompson - Derek Thompson is an associate editor at The Atlantic, where he writes about economics, business, and technology. Derek has also written for BusinessWeek, Slate and The Daily Beast. Derek Thompson is a blogger at TheAtlantic.com and an associate editor for the Business Channel, where he writes about Economic Policy, technology, and the media industry. He is also a visiting research fellow at the Committee for a Responsible ...

S&P; Upgrades Chinas Sovereign Ratings
In the CNBC Asia video below, Tan Kim Eng, director of sovereign Ratings at Standard & Poor’s Ratings, says China won’t be coming to international markets to sell its sovereign Debt anytime soon because it can fulfil its needs domestically. The questions on China’s finances have more to do with the opacity of the provincial governments and implicit backstops for state-affiliated finance companies that would balloon Debt levels in the event of a Credit Crisis. Tan Kim Eng b...

New York Fed To Raise SOMA Limit From 35% To 70% Per CUSIP
on holding at most 35% of any one treasury CUSIP. Sure enough, one of the paramaters of the QE2 launch included an indefinite lifting of the SOMA barrier. CNBC has just reported that the Fed will impose a new SOMA barrier of 70%. Of course, just like the US Treasury limit, this is a token number and can be removed on a whim - after all, the Fed is not accountable to anyone. We expect this new revised limit to be eliminated concurrently with the announcement of QE3 (or QE4 at the latest). In the ...

Fed's Bullard: Bond buying 'modestly successful'
NEW YORK | Mon Dec 20, 2010 7:48am EST NEW YORK (Reuters) - The Federal Reserve's $600 billion bond buying program has been "at least modestly successful" so far, St Louis Fed President James Bullard told the CNBC TV business channel on Monday. Bullard said nominal Interest Rates alone should not be used to judge the program's success. He said Economic Growth would likely be stronger next year than was anticipated even a few months ago. "I do think GDP growth will be stronger in 2011 than peo...

A Single Trader, JP Morgan, Holds 90% Of LME Copper
that JP Morgan has denied it owned more than 90% of the copper positions on the LME, we suggested that this could very well mean that Blythe Master's firm could just as easily control 89.999% of the copper and still not misrepresent the truth per that non-commital Press Release. Turns out our unbridled cynicism was spot on as usual. The Wall Street Journal has just reported that in the copper market "a single trader has reported it owns 80% to 90% of the copper sitting in London Metal Exchange w...

Census Bureau says the US population is 308.7 million, lowest growth since Great Depression
WASHINGTON (AP) — Census Bureau says the U.S. population is 308.7 million, lowest growth since Great Depression. Is an internship the new entry-level job? Did a CNBC reporter not get his contract renewed for anti-Obama statements? Click here to cancel reply. You must be logged in to post a comment. Murkowski and Obama: Best friends forever? Ask Matt Labash Vol. XLIII: Christmas in Haiti, and an essential Christmas music playlist...

Divided Federal Communications Commission adopts ban on interference with Internet traffic
Is an internship the new entry-level job? Did a CNBC reporter not get his contract renewed for anti-Obama statements? Click here to cancel reply. You must be logged in to post a comment. Murkowski and Obama: Best friends forever? Ask Matt Labash Vol. XLIII: Christmas in Haiti, and an essential Christmas music playlist...

Cuomo sues Ernst & Young over Lehman Brothers collapse. The New York Attorney General filed a civil fraud lawsui...
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