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Wednesday, July 30, 2008

CNBC.com's News Now: Attacking Alzheimer's

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DOW 11583.69 alt 186.13 +1.63%  
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s Wednesday, Jul. 30, 2008

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TODAY'S TOP 5
Video 1 1.Karmazin on Sirius/XM

Video 2 2.Relief for America's Energy Crisis

Video 3 3.Attacking Alzheimer's

Video 4 4.Stop Trading, Listen to Cramer!

Video 5 5.State of the Airlines

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Nike Steps Aside For Speedo at the Olympics

Speedo's LZR Racer Suit, favored by many Olympic swimmers, will be worn at the games, surprisingly even by Nike-endorsed athletes. Click here to read more.

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EXXONMOBIL EARNINGS: The world's largest public company reports before-the-bell and is expected to set another record for most profits in a single quarter with net income in excess of $13 billion. Mary Thompson follows the numbers.

CREDIT CARDS AND THE CONSUMER: Last week, American Express got crushed following a disappointing earnings release. With Visa after-the-bell on Wednesday and MasterCard before-the-bell on Thursday, Margaret Brennan reports on the credit card companies, struggling with the weak consumer and economy.

ALL THE PRESIDENT'S MEN **EXCLUSIVE**: At 1010a ET, Steve Liesman sits down with three of the President's top economic advisors: Keith Hennessey, Jim Nussle and Ed Lazear. What can they tell us about the economy and how they're fighting off recession?.

CBS EARNINGS: CBS is trading near an all-time low, and investors will be asking how ad revenues are holding up through the economic downturn. CBS is more reliant on ad revenues than any other major media company. Julia Boorstin looks at the results.

HORIZONTAL DRILLING: Janet Shamlian is live in Haynesville, LA, where Chesapeake Energy shows her their new rig that allows the company to tap natural gas deposits in a way they never have before. Horizontal drilling in shale has caused a rush to develop the area in what many experts think is the fourth biggest natural gas deposit on Earth.

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