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Detailed text transcripts for TV channel - CNN - 20120106:09:09:00

learning the code. we are all using phones and computers. we have to understand how they work. it s a better way to live your life, understand what you re using. reporter: a great resolution as we enter 2012. you passed with flying colors. reporter: he has to say that. he s sitting right there. watch out, mark zuckerberg. maggie lake, cnn, new york. staying with technology, the former ceo of the optical equipmentmaker olympus has abandoned his fight to get his job back. michael woodford who was sacked in october after he blew the whistle on a billion dollar accounting fraud plans to sue the company for his unfair dismissal. he flew into tokyo to rally support for his reinstatement. wolfford says olympus big japanese shareholders let him down. he has harsh word for the company s president. if that had been in any other capitalist market in the world,

Transcripts For CNNW World Business Today 20120106

india, ford s allen moulally. caution has crept in before the week is out. european markets are marginally out, asian markets are marginally down. futures are flat. the predicted number of new jobs is around about 150,000. many say that is better but charles still not good enough. no. i think that s very much going to be what is dominating investor thought really all way around the globe. we are seeing this slight rebound here in europe. there was a bit of a sell-off, i think perhaps in anticipation of a strong nonfarm payroll. maybe as many as 90,000 jobs being created. that s the whisper number on wall street. as that number goes down to more than 150,000, which seems to be the consensus, there s less prospect of u.s. interest rates being moved up soon and perhaps there s pressure on the euro. there is a lot of worry out here behind all of this. we re still worrying about banks. .only credit rights issue a couple of days ago is still being talked about in the markets be

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