Nightly Business Report (NBR) - 2005-06-01

Name: Nightly Business Report (NBR) - 2005-06-01
Uploaded: 2025-12-29
Duration: 1618 s
Channel: malgent
Description: Read a transcript preview of “Nightly Business Report (NBR) - 2005-06-01” from malgent, uploaded on 2025-12-29.

Channel: malgent

Uploaded: 2025-12-29

Duration: PT1618S

Read a transcript preview of “Nightly Business Report (NBR) - 2005-06-01” from malgent, uploaded on 2025-12-29.

Transcript preview

Language: English (original, YouTube automatic captions)

[0:00] Oregon.

[0:01] [music]

[0:04] >> The nation's top financial cop is set is

[0:07] stepping down. SEC Chairman William

[0:09] Donaldson surprised Wall Street today

[0:10] with his resignation. A look tonight at

[0:13] what his departure could [music] mean to

[0:14] Wall Street.

[0:16] >> A communications glitch ends trading

[0:18] early here at the New York [music] Stock

[0:20] Exchange. Trading was halted just 4

[0:22] minutes before the traditional 400 p.m.

[0:24] closing bell. At [music] that point, the

[0:26] Dow was up 81 points. Then a triple

[0:29] threat driving sales lower to Detroit's

[0:31] big automakers. We'll look at what GM,

[0:33] Ford, and Chrysler plan to do to boost

[0:35] sales after today's lackluster May

[0:37] results.

[0:38] >> And these homes were built by the

[0:40] hottest home builder in America. We

[0:42] talked [music] with Robert Tol, the

[0:44] chairman of luxury home builder Toll

[0:45] Brothers.

[0:46] >> I'm Paul Kangas. [music]

[0:48] >> And I'm Susie Garov. This is Nightly

[0:49] Business Report for Wednesday, June 1st.

[0:52] Nightly [music] Business Report is made

[0:54] possible by

[1:01] Objective Financial Advice. It's right

[1:03] for any nest egg, regardless of size. AG

[1:06] Edwards for 118 [music] years. Fully

[1:09] invested in our clients. Franklin

[1:12] Templeton Investments providing a unique

[1:14] perspective [music]

[1:15] through the specialized investment

[1:17] expertise of Franklin Templeton Mutual

[1:19] [music] Series and Fiduciary Trust.

[1:22] Franklin Templeton Investments gained

[1:25] from our perspective. Additional funding

[1:27] provided by the National Association of

[1:30] Realtors.

[1:32] This program was made possible by

[1:35] contributions to your PBS [music]

[1:37] station from viewers like you. Thank

[1:40] you