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NBC Nightly News-20111106-23:52:00

we gave everything we had to this company and there were weeks without pay and we still came in every day. >> reporter: untouched for two years, a liquidator was about to ship the equipment to a company in pakistan. then with just three weeks to go, local residents and cousins chuck and paul moody bought the mill. >> people are tired of hearing we can't do it. it is going overseas. we can do it. >> right now they have 35 workers. the goal is to raise that to 50 by year's end and to double that number in 2012. why would the moodys, who know nothing about the business, with family money on an abandoned blanket factory. >> probably stupidity more than anything. >> reporter: but they're not quite the novices they claim to be. chuck is a retired dairy queen executive. >> want it looped over. >> reporter: paul, a lawyer and former business owner. >> are we doing okay? >> reporter: they didn't know how to make blankets, but they knew who did and most of their first hires were former workers like jenny jones and mary

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NBC Nightly News-20111106-23:53:00

boudreaux. >> we need their expertise and their guidance and stewardship. and they needed somebody to step up and say, you know what, this thing is worthy of saving and bringing back to life. >> it is great having a job again. >> is that emotion or are you trying to pick your words carefully? i can't tell? >> it is emotion. i love having this job. i love being here. >> reporter: in a still struggling economy, once old american company coming back and putting people back to work. brian shactman, cnbc, fairbault, minnesota. after missing several performances with an undisclosed illness, singer andy williams, most famous for "moon river", says he's battling bladder cancer. the 83-year-old williams announced his diagnosis during his annual christmas show in missouri. up next here tonight, extreme makeover, kensington palace edition. do you have an irregular heartbeat called atrial fibrillation, or afib, that's not caused by a heart valve problem? are you taking warfarin to reduce your risk of stroke caused by a clot?

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NBC Nightly News-20111106-23:47:00

double by the year 2015. and now what may be the most intriguing development in years. it comes from the famed mayo clinic, where researchers have found that cleansing the body of certain cells can delay those pesky markers of aging like wrinkles and sagging and possibly be used to postpone age-related diseases like alzheimer's and dementia. the experiment was done with these two mice. while they look different, one is scrawny and haggard, the other plump and vibrant, they're the same age. >> what we have done here is identify a group of cells that really seems to contribute to age-related diseases and that if you work to remove those, clear them, that that would have some health benefits without having too much health risks. >> reporter: it is a far cry from remedies of centuries past, eating organs of young animals, getting transfusions of blood from younger men, searching for a fountain of youth. but anti-aging experts say this

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NBC Nightly News-20111106-23:51:00

back now with a neighborhood revival at an american factory that not so long ago appeared headed for the history books, like so many others. closing up shop after more than 150 years. we oetur report tonight from cnbc's brian shactman in minnesota. >> reporter: with 80-year-old machines and one 76-year-old expert on site -- i li >> i like to see the place go again. >> reporter: the fairbauld mills when opened in 1965 is literally weaving its way back from oblivion. >> when they shut the doors here, i was devastated. to drive by here every day and see this beautiful place closed, it was so hard for me. >> reporter: jenny jones and 100 others lost their jobs when the company closed in 2009, a victim of poor management and a weak economy. >> it was hard here before.

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NBC Nightly News-20111106-00:37:00

minister george papandreou barely won a confidence vote. the opposition is calling instead for elections which could delay greece's desperately needed multibillion dollar bailout by europe. >> you couldn't make it up if you put it in a novel. no one would believe it. that will reflect on markets and trading and nervousness, particularly within the banking system. that's the really dangerous bit. >> reporter: the spectre of greece defaulting, leaving the eurozone has rattled world markets. some see it as precipitating a second global recession. >> if they don't do something fast, all hell will break loose probably. >> reporter: and if you think the u.s. isn't affected, on the day papandreou considered putting the bailout issue to a risky vote, u.s. stocks slumped. when he changed his mind, they bounced back. as of now, he remains in power with the hope greece's parliament will approve the bailout. another looming question is, will greece be able to continue to enact the necessary austerity measures like raising taxes,

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NBC Nightly News-20111106-00:35:00

there is more face time. since bank of america tried to impose a monthly debit card fee, 650,000 americans have switched their checking accounts to credit unions. that's more than all of last year. in a credit union in new york city today, there was a steady stream of new customers like kim gallagher. >> i watched one bank rep hug two different people today. >> thank you, mary ann! >> reporter: gallagher owns a pet grooming business just up the street. she's pulling all of her business out of chase and depositing her money here. >> i feel empowered. the guys that work here, the people that work here are my neighbors. they know my business from walking by it. >> reporter: so credit unions may sound great, but there is a catch. big banks have branches and atms all over. if credit union customers use one of these they'll face additional charges. credit unions also have fewer products, and business transactions can take more time. for the moment, the increase in their customers is not large

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NBC Nightly News-20111106-00:58:00

among us. >> reporter: and, as a writer who regularly put his own views on display, he learned about himself, too, in front of our eyes. >> but i do care. i care a lot. >> reporter: a self-described lifelong liberal, he entered world war ii as a passivist. but, after seeing the horrors of the concentration camps, he came to believe, as he told tom brokaw, that some wars are necessary. >> the germans had been wrong in starting it. and i decided i had been wrong in objecting to the war. >> reporter: and when his essays outraged some, comments critical of homosexuals or dead rock star kurt cobain, he apologized and and meant it and carried on. >> i know i've been terribly wrong sometimes. but i think i've been right more often than i've been wrong. >> reporter: a voice for the thoughts of every man, silenced as he knew it would be. >> i wish i could do this forever. i can't, though. >> reporter: but a voice as memorable as that ticking clock, the last few minutes for three decades his. mike taibbi, nbc news, new york.

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ABC World News With Diane Sawyer-20111105-00:59:00

today. tonight backlash against big banks is sweeping the nation. a solar company losing millions tells abc 7 news why it's not next solyndra. >> good evening, i'm carolyn johnson. >> the move smt challenging for businesses both big and small. >> the chamber of commerce is frustrated with how the mayor is handling this and there is concern about how much these protests are costing the cash-strapped city. laura anthony is live. >> well, within just the past hour, the city put out what they're saying are exact figures as to how much the police action cost the city last week, $1 million, and police, pub lirk works personnel that. ask z not

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CBS Evening News With Scott Pelley-20111105-00:30:00

that and more at 6:00. >> see you at 6:00. "cbs evening news with scott pelley" is next. >> caption colorado, llc comments@captioncolorado.com ley: tonight, one of the women accusing herman cain of sexual harassment says it happened more than once. >> she made a complaint in good faith about a series of inappropriate behaviors and unwanted advances from the c.e.o. >> pelley: jan crawford has the breaking news. congresswoman gabrielle giffords reveals what she remembers of the shooting and her reaction to learning that others had died. lee cowan has her story. new unemployment numbers are out today. anthony mason tells us what they say about where the economy is headed now. and "on the road" with steve hartman. tonight, proof that an elephant never forgets. captioning sponsored by cbs this is the "cbs evening news" with scott pelley.

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NBC Nightly News-20111105-00:55:00

it was another busy week around here. while we were busy covering the big stories as always happens a few things got by. so in the waning minutes remaining in our broadcast week as we go down to the wire on a friday night, tonight we look at what else we learned in this first week of november. >> food fight! >> reporter: whatever actually happens at college, new research is casting doubt on the notion

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