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Friday, June 20, 2008

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  Friday, Jun. 20, 2008

 
 
TODAY'S TOP 5
Video 1 1. Auto Industry Credit Warning

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Video 4 4. Stop Trading, Listen to Cramer!

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VIDEO OF THE WEEK

Tiger Out for the Year: Tiger Woods today announced that he's having season-ending surgery, and CNBC's Darren Rovell takes a look at the impact this will have on the companies Woods endorses..

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Tune In to CNBC Tomorrow!

THE GREAT TOMATO SCARE: The FDA still hasn't nailed down the cause of the massive tomato salmonella outbreak and it's squeezing the nation's $1.3 billion tomato industry. Florida, the #1 grower, produces nearly half the tomatoes in the nation, but part of the state has not been cleared yet. We spoke with one distributor who used to send out 20-30 trucks a day. Now he's sending out two. California (#2 in production) has been cleared by the FDA. Although its season hasn't even started yet, the $400 million industry there is still suffering guilt by association. Jane Wells reports.

SOLVING THE OIL CRISIS: Energy ministers and corporate leaders from around the world are gathering in Saudi Arabia this weekend to discuss solutions to the skyrocketing oil prices. Saudi Arabia initiated the meeting amid increasing criticism it hasn't done enough to help tame prices. The Saudis now say they will increase oil production. Will other OPEC nations follow their lead? Will any of this make a difference? Melissa Francis is on the ground in Saudi Arabia.

PRESCRIPTION FOR SUCCESS: From drug store to dominant healthcare provider: that's the jump that Walgreens and CVS are both trying to make, and the two are in competition to stake the claim. On the day that Walgreens releases earnings, Bertha Coombs takes a look at how both companies are trying to make the jump?

PUTTING PRICES IN PERSPECTIVE: You haven't lost what you think. New stats and data from Professor Case (co-author of the Case-Shiller home price index) show how the housing crisis is only a crisis for recent buyers. If you've owned your home since 2000, you're probably still sitting on healthy profits. Diana Olick explains.

 
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