On Thursday’s NewsHour…
GM POSTS BEST PROFIT IN 6 YEARS | General Motors went bankrupt a year ago and has completely come out of the red with a profit for the second straight quarter. The company made more than $1.3 billion from April through June and Thursday the company’s CEO, Ed Whitacare, announced he will be stepping down on Sept. 01. Jim Lehrer will talk to http://apps.detnews.com/apps/blogs/autosblog/index.php?bloggerid=65“>David Shepardson from Detroit News andhttp://www.ihsglobalinsight.com/AnalystBio/AnalystBioDetail82.htm“> George Magliano of IHS Automotive about the company’s turnaround.
HOUSING MARKET VIEWS ACROSS U.S. | Foreclosures have gone up 9 percent from June and 6 percent from July 2009 according to the foreclosure listing firm RealtyTrac Inc. However, Marketplace’s Jeff Horwich says despite the bleak numbers there are signs foreclosure rates could ‘ease up’ soon.
CYBERSECURITY SERIES: ONLINE CRIME | Spencer Michels wraps up his coverage of cybersecurity. This time he looks at online crimes.
KHADR TRIAL UNDERWAY IN GUANTANAMO | The trial began for Canadian citizen, Omar Khadr, who is accused of throwing a grenade that killed a U.S. service member. Khadr was 15 -years-old at the time of his arrest in 2002. This is the first trial in Guantanamo Bay under new rules from the Obama administration. Margaret Warner talks to http://www.thestar.com/comment/columnists/296383“>Michelle Shephard of the “Toronto Sun” about the opening arguments.
CHINESE INVESTMENT IN GREEK INFRASTRUCTURE | Paul Solman examines the good and the bad of Chinese capital flowing into Greece. This is all part of his ongoing coverage of Making Sense of Financial News.
Thursday’s anchors are Jim Lehrer and Jeffrey Brown. Hari Sreenivasan will have the day’s other top news stories and look at features on the Web. On Paul Solman’s Making Sense Page, you can find all of his reports from Europe and more follow ups on the 99er’s, those who have been out of work for 99 weeks. Plus in the Politic’s Unit, an interview with historian Richard Norton Smith on tensions with the democratic left and democratic presidents.
Also, there’s more from Spencer Michels’ cyber security series including a breakdown of the digital loopholes that allow online banking fraud.
We hope you’ll join us.