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Friday, January 11, 2008

CNBC.com's News Now

 Friday, Jan. 11, 2008
1. Countrywide Deal Sealed:
BofA steps in to buy the troubled mortgage lender while the bank's biggest rival may also be shopping around, with CNBC's Charlie Gasparino & Jane Wells.

2. JP Morgan in Talks with WAMU:
There may be more deals in the subprime sector, reports CNBC's Charlie Gasparino.

3. Stop Trading, Listen to Cramer!
Mad Money host Jim Cramer shares his thoughts on the Fed and Bank of America's purchase of Countrywide, with CNBC's Erin Burnett.

4. China Looking to Fly High
China has aspirations of creating its own Airbus, with Phil LeBeau.

5. The (Porn) Convention Next Door:
A look at how the adult entertainment industry is keeping America great, with CNBC's Jim Goldman.

Wii Options Market? It's True!

Something strange is developing around the Nintendo Wii phenomenon and it's showing capitalism at its finest......Click here to view posting.

VIDEO OF THE WEEK

Countrywide Deal Sealed: BofA steps in to buy the troubled mortgage lender while the bank's biggest rival may also be shopping around, with CNBC's Charlie Gasparino & Jane Wells.


LIVE AT THE DETROIT AUTO SHOW: CNBC is the official Cable Broadcast Partner of the Detroit Auto Show and Phil LeBeau will be live with the latest industry announcements, new auto releases and top auto industry executives.

PARTYING AT THE AUTO SHOW: To kick off the unveiling of the newest autos and industry announcements, the master minds behind the business stroll the red carpet. Jane Wells goes backstage for a first-hand look at the glitz and glamour behind the wheels.

HILLARY'S HOUSING PLAN: Hillary Clinton is unveiling her big economic plan including her solution to lift the troubled housing market with "$30B Emergency Housing Fund". Diana Olick takes an in-depth look at her mortgage saving proposals, and asks: Would the proposals have a significant impact? Is the plan even feasible in this woeful housing marketplace?

CAMPAIGNS LATEST: With the NH primaries and Iowa caucuses over, the candidates strategically push into other states as the race for the White House continues: the big push in Michigan by Romney for Tuesday's primary; Giuliani spending $1-M per week in Florida (January 29th)

NEW HOPE OF CROHN'S SUFFERERS? Biogen Idec and Elan expect to get a long-awaited FDA decision sometime Monday on whether their MS drug Tysabri can be used to treat Crohn's Disease. Approximately 600,000 Americans who have Crohn's aren't getting relief from current drugs, representing a potentially big market for Tysabri.

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