CNBC.com's News Now

Friday, Mar. 28, 2008

1. Latest on Housing: A look at some of the bottoms on housing, with John Snow, former Treasury Secretary and James Lockhart, Office of Federal Housing Enterprise Oversight (OFHEO) director. 2. Washington's Field of Dreams: The big debut of the brand new National's baseball park, with CNBC's Hampton Pearson. 3. Employees Sue Bear Stearns: Bear Stearns employees have seen their retirement nest eggs wiped out, and now they're going after the company. Attorneys Michael Carlinsky and John Singer discuss. 4. Stop Trading, Listen to Cramer! Mad Money's Jim Cramer shares his stock picks with CNBC's Melissa Francis. 5. Trade & the Economy: Insight on global trade, with John Snow, Cerberus Capital Management chairman/ former Treasury Secretary; John Engler, National Association of Manufacturers president/CEO and CNBC's Becky Quick. Drug Companies Still "Banking" On Dems With Political Money Despite some tough talk against them from the candidates, American drug companies still see making contributions to Clinton and Obama as in their best interests. Mike Huckman blogs on who's getting the most money.. Click here to view posting.

VIDEO OF THE WEEK Bear Stearns Latest: A new deal for Bear Stearns is in place, with Andrew Ross Sorkin, The New York Times; Jason Trennert, Strategas Research; and CNBC's Steve Liesman.

UN-AUCTION: It's not quite a fire sale and it's not quite normal sale conditions, but something in between. Jane Wells details how homebuilder DR Horton is offloading homes in development by selling them on a "first-come-first-serve" basis. THE FATE OF A $5B DRUG: It's a meeting of colossal proportions. Nearly 17,000 are gathered for the American College of Cardiology in Chicago to discuss the results of the controversial Vytorin/Zetia study. Shares of Merck and Schering-Plough have fallen nearly 25% so far this year almost solely because of this study. Mike Huckman is live at the monumental meeting as healthcare professionals from around the world gather to discuss the possible implications for future prescriptions and sales of the $5 billion cholesterol-reducing drug. PURE PROFIT PRETZELS: Sauget, Illinois' Gateway Grizzlies hope fans come out to the ballpark not only to cheer on their team, but also to buy their signature soft pretzels. It's a soft pretzel baked in buffalo sauce topped with mozzarella cheese served with ranch dipping sauce. It's also a genius business proposition for this minor league team because it's sponsored by the companies who make the ingredients. Not only are J and J Pretzels and Frank's Buffalo Sauce giving the team free pretzels and sauce for the season, but the companies are also paying the team for the advertising. Darren Rovell cooks up the pure profit pretzels and details the business partnership between the team and companies. FOR THE LOVE OF MONEY: THE DEATH OF SETH TOBIAS: He was a hedge fund manager, and frequent CNBC guest, whose personal life was as volatile as the markets. Was Seth Tobias a victim of murder, or his own demons? How far will people go for the love of money? CNBC Senior Correspondent Scott Cohn reports on a death that took on a life of its own. See previews throughout the day on Monday. Get the full story at 9p and midnight ET. Portfolio Watchlist Insider Trends Financial Glossary Stock Screeners Fund Screeners Earnings Screeners

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