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Detailed text transcripts for TV channel - CNN - 20110215:14:49:00

Is proposed cutting. check out this story on cnnmoney.com. the whackest budget cuts. you teases it before the break. 31 million dollars for a mobile drug investigative team that is supposed to operate in rural areas. problem is, it wasn t operating in rural areas, it was operating near the dea agency headquarters in metropolitan areas, so president obama is suggesting they cut that program and also suggesting a million dollars be cut for a scholarship program for olympic hopefuls. one other interesting story i found 10 million dollar study of micro nutrients that president obama wants slashed. add all of these together, it sounds like big bucks to us but the deficit is so high right now that conservatives will say there need to be more and more spending cuts. kyra? another potential gop candidate heading to iowa, right? reporter: yeah. mississippi governor haley barbour will be heading out for a lecture series and heading out to the quad cities next month. ....

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Detailed text transcripts for TV channel - CNN - 20110215:15:14:00

reporter: there are the basics, height, 5 9 , beauty and a good walk and that je ne sais quoi, like personality. if a photographer is going to meet you to cast, they need to know you have energy for a shoot, not just a pretty face that s going to give something back. reporter: so what are designers looking for? certain seasons, a designer will say, the you know, the look of the show is going to be, for instance, a sun-kissed look and we want girls with freckles and red hair. reporter: or blond or edgy brunettes. i was going to go in a casting, and my agent called and said don t go in, they want white models. reporter: yet corolla wants in and this season she a lucky one. it was a great feeling, like butterflies in my whole body. reporter: corolla walked the diane von furstenberg show. ....

Je Ne Sais Quoi , Diane Von Furstenberg Show , Red Hair , Dont Go In , Lucky One ,

Detailed text transcripts for TV channel - CNN - 20110215:15:13:00

Break moment. sure, the clothes are important, but if the wrong model is wearing them, it can be a fashion disaster. that s why casting a fashion show is so important, and if you think the models just have to be beautiful, think again. yeah reporter: the glitz, the glamor, fashion s catwalk is where the clothes come alive, and the model is key. it s almost like match making. what kind of personality does this outfit go with? reporter: a cut-throat, lucrative business where models can earn $500 to $15,000 a show. corolla is a rookie. i have to do this every day. reporter: she is on a casting call competing with 300 other girls for 35 spots. everyone s going to love you, some hate you, some dislike you. ....

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Detailed text transcripts for TV channel - CNN - 20110215:14:03:00

Money team and joining us live from new york to break down the bottom line for all of us. hi, christine. reporter: hi there, kiran. the prices of about everything is rising and many companies saying after absorbing price increases because of raw materials and because of higher labor costs around the world, that they are finally going to start passing try to pass those on to consumers. there is a freeze in mexico that could mean higher costs for tomatoes and for cucumbers and for produce. meat and dairy prices have been going up. grain prices have been soaring for about a year now. you re seeing those things go up. you could see 3% increases for poultry and for meat and see more increases 3% to 4% for cereal. cereal companies saying maybe they won t pass it on to you as higher prices for the box of cereal but it might mean fewer manufacturer coupons people are relying on to take money off a $3 box of cereal. cotton prices at record highs and doubled over the past year. a lot of diff ....

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Detailed text transcripts for TV channel - CNN - 20110215:14:32:00

A good portion of new york stock exchange right now has a lot of people from europe sitting on the board here and for a lot of people here on the floor they also say this is a really big business decision. it s really important for the new york stock exchange so merge with deutsche boerse and to move the stock exchange into the next century and we have all sorts of products that the new york stock exchange is hoping to get into. also changing gears just a little bit. we re hearing that prices at the mall are rising. christine romans was talking about this with us as well. reporter: exactly. you know a lot of us got so used to these lower clothing prices during the recession so this is going to be a real huge shocker to a lot of us who go out and shop because clothing prices expected to rise 9% to 10% by june and could rise another 12% in the second half of the year. i m talking about clothing names like nautica, nine west and why ....

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