Obama's Small Biz Push
Airtime: Thurs. Aug. 19 2010 | 12:15 PM ET
President Barack Obama encourages passage of the small business bill, which is currently stalled in Congress.
Airtime: Thurs. Aug. 19 2010 | 12:15 PM ET
President Barack Obama encourages passage of the small business bill, which is currently stalled in Congress.
Toyota announced a fix for about 2.4 million of its 8 most popular models involved in a safety recall and sales and production suspension. Jim Lentz, president of Toyota U.S.A., discusses the fix with CNBC’s Phil LeBeau.
Discussing a turnaround in business aviation, with Edward Bolen, National Business Aviation Association.
Daniel Sparks, former head of the mortgages department at Goldman Sachs, delivers his opening statement before a Senate panel that alleges Goldman profited from the housing meltdown and made billions at the expense of clients.
Insight on the Fed’s decision, with Ken Volpert, Vanguard principal, and William Gross, PIMCO co-CIO & founder.
Automakers Renault, Nissan and Daimler agreed to swap stakes in a bid to increase scale and share costs Wednesday. “There’s a demand for premium small cars growing, so we definitely want to participate and we want to do that successfully,” Dieter Zetsche, chairman of Daimler told CNBC. Carlos Ghosn, chairman and CEO of Renault-Nissan, also spoke to CNBC.
Resistance to Basel III reforms is misplaced and creating a more resilient global system of regulation was crucial, European Central Bank President Jean-Claude Trichet told CNBC.