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July 2nd, 2012
10:42 AM ET

Pepco CEO describes efforts to get power restored for customers amid heat wave

Massive power outages have left millions of customers from Georgia to Washington D.C. in the dark and without air conditioning as temperatures hover over 90 degrees.

Joe Rigby is CEO of Pepco Holdings, the power company that is responsible for providing much of the power to this area.

On Early Start this morning, Rigby says that the company's "singular focus is getting restoration done quickly and safely" and explains that his biggest worry is the well-being of customers.

Responding to criticism that the company has not responded fast enough, Rigby says that engineers needed to get the power grid's "backbone" up and running before they could "have a presence in the field."


Filed under: Weather
July 2nd, 2012
10:26 AM ET

What's trending for July 2, 2012

Trending this morning, the details of a new website "BlabberMouth.com" that has started posting names, mug shots and addresses of people who get arrested. While the site claims that its aim is to deter crime, the site's owner has said that they will remove a person's profile in exchange for a few of about $200.

Also trending, video of a nine year old ping pong trick master who can make a shot from anywhere, and a promotional video from a Chinese tourism company that pokes fun at the British royal family.


Filed under: Trending
July 2nd, 2012
10:14 AM ET

MYB: Apple settles lawsuit over iPad trademark

After two years, the legal battle between Apple and the Chinese company Proview over the iPad trademark has ended.

Apple, the most valuable company in the world, settled the case for $60 million.

Alison Kosik discusses the case and explains how the lawsuit hurt Apple sales in China in today's "Minding Your Business."


Filed under: Minding Your Business
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