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tv   CNN Newsroom  CNN  January 7, 2023 7:00am-8:00am PST

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setting. what do we have? spare us the drama, harry. has harry finally -- i mean, look, when i watch the netflix documentary, i was more sympathetic to meghan than i have been heretofore. the way the media mob follow her is reminiscent of princess diana. remember that airport scene where she has the tennis racket? there is some of that going on. but if you want to escape the media, first of all, is california where you go? do you live up the road from oprah and sign a six-part netflix teal and a five-book deal with penguin random house? that doesn't seem like a couple seeking to evade the spotlight. harry has to sell a lot of books. i think he will. i think it's 1.7 million yunus to recoup what the publisher laid out. i'll see you next week. happening now in "the
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newsroom" -- >> the next speaker of the 118th congress, kevin mccarthy. >> after days of drama, 15 rounds of voting and tense moments on the floor, the house elects a speaker. >> i never thought we'd get up here. >> how the drama played out and what it means for the future of kevin mccarthy and the gop. we got our boy. >> excitement from buffalo bills players on safety damar hamlin. the latest on his condition and more on that moment when he facetimed his teammates. california slammed with heavy rain, flooding and mudslides and the danger isn't over. we're tracking the next line of storms as millions remain under flood warnings. it was really devastating and me not knowing exactly what the situation was, because all i heard was gunshots. >> shock and anger in virginia after a 6-year-old shoots his teacher. what we are learning about the moments that led up to the
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shooting. the fda grants approval for a new alzheimer's drug and it's a mixed bag of benefits and risks. could bed bath & beyond soon be out of business? "newsroom" starts right now. good morning. saturday, january 7th. i'm alex marquardt. >> imamara walker. >> historic, chaotic, kevin mccarthy of california finally won the race for house speaker after 15 rounds of voting. his supporters erupting in applause after the last vote was cast. >> zinke. >> the next speaker of the united states house speaker kevin mccarthy. [ cheers and applause ]
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. >> the deciding vote also known as the roll call started last night and ended early this morning. there were some tense moments on the house floor after congressman matt gaetz denied mccarthy the speakership by voting present on the 14th ballot as the situation heated up, mike rogers lunged at gaetz. he had to be physically restrained by republican congressman richard hudson of north carolina. >> kevin mccarthy engaged in intense negotiations and made some major concessions to secure the speaker's gavel. now he is saying it's about a commitment to the american people. >> a commitment for the future that's built on freedom where children come first and are taught to dream big because in america dreams can still come true. a commitment for a government that is held accountable. where americans get the answers
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they want, need and deserve. our system is built on checks and balances. it's time for us to be a check and provide some balance to the president's policies. [ applause ] >> so will kevin mccarthy's concessions affect republicans' ability to govern? his opponents say no. >> at some point we all have to hold hands and jump off the glitch together. you either resolution of all these issues as we move forward, we built that bond of trust and we should continue to do the things in the best interest of our country and move forward. >> as he said, it took major wheel and dealer for kevin mccarthy t o if you were like
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me watching that into the wee hours of the morning. but my takeaway was, wow, yeah. a win is a win for mccarthy. dang, a look at that, here are some of the key concessions that mccarthy this to make. put some of these conservative members, the initial hold-outs on the powerful rules committee. we know now that it will take just one member to trigger a vote to essentially oust the speaker. other concessions were -- and this is actually something that both rank and file democrats and republicans lament up here on capitol hill, that there isn't enough time to read the bills. so really holding to that 72-rule to review legislation. a typical ask for republicans is
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a pledge to rein in spending. we will see if he is able to achieve that. certainly a rock isky start. >> congress is taking a break after a crazy week. they are coming back monday. what's up next? >> reporter: one of the chief tasks now is to vote on the rules. we saw the c-span cameras this week able to get into the chamber and allow the american public to see all sorts of things we don't normally see because this place operates on rules. and now that republicans have retaken the majority, albeit small, they have to vote on a rules package that essentially guides this place. given that republicans had such a difficult time electing a speaker, i have a feeling that that rules vote may not go so smooth. we will have to see. already at least one moderate republican saying that the rules package that has been crafted, the proposal, he is not okay with it, he is not going to
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support it. of course, republicans would be hard pressed to find democratic support for that rules package. >> mccarthy has the gavel but it's a very precarious position. thank you very much. four days after cardiac arrest on the field, buffalo bills safety damar hamlin has had his breathing tube removed. what's more, hamlin is up and facetiming with his teammates, laughing and smiling, we are told, on a call with them yesterday from the hospital in cincinnati. >> such a relief to their. adrienne broaddus from outside the hospital where hamlin is recovering. hi there, what are we learning about hamlin's progress and how he is doing? >> reporter: good morning to you both. what a beautiful surprise for him to be able to join that team meeting yesterday via facetime. he is still here at the university of cincinnati medical center under the intensive care eun
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unit, in critical condition, doctors saying his breathing tube was removed and damar hamlin is not only talking, but breathing on his own. and this milestone that was reached yesterday doctors are saying goes back to what happened on the field monday might. the quick response by that medical team, the doctors treating hamlin say it is rare for someone to receive cpr so quickly. here is more of that call where you can hear the audio of those first responders responding. >> i don't like how he want down. >> we need everybody. >> we need everybody. >> we need everybody. the cot, the medics, all of you, and get woods out here. i need another medic in the back, please.
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medic in the back. bus. we are right outside the gate. >> reporter: doctors saying the outcome could have been different if things had taken a few extra minutes or even seconds. amara. >> well, i'll pick it up. it is chilling to hear that audio. of course, we expect that hamlin will be watching his teammates take on the patriots tomorrow. adrienne broaddus, thank you very much, appreciate it. the rest of the buffalo bills are trying to prepare to play that game tomorrow. a big one against the new england patriots. >> yeah, let's go to coy wire in orchard park, new york. coy, obviously, a great pick me up by seeing damar hamlin on facetime. i know you have been hearing some of the teammates. what have they been saying about that call? >> reporter: yeah, spirits are high.
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spirits are bright. that's what the players are saying. this was the third tragedy this city and this team have endured in seven months, deadly mass shooting, deadly winter storm, now their teammate nearly dying on the field, still in critical condition. players were back out on the practice field, hugging, smiling, confident to get back out there and do what they do because they got an incredible video call, a facetime from damar hamlin. here is head coach sean mcdermott with details on that uplifting moment with demar. >> the thing that makes me laugh is he did this to the guys, you know, right away. he flexed on them, i guess. he just has some staple things that they know him for and he does and he made the heart symbol probably more than anything and gave them a thumbs up. and then somewhere in the midst of that, and it was a little bit
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hard to hear, but he, you imagine, he said, i love you boys. and of course that got the guys. >> reporter: great moment. a lot of flexing. a lot of heart symbols. it was a good day. demar's childhood friend miles sander also shared about a facetime moment he had with his friend. listen to this. >> i said you know the most famous person in the world right now? he said not for the right reason. i said you blessed, bro. you don't know how blessed you are. i would love to reach out to the medical people, whoever was there on site to help my boy because, man, the whole world was scared. but his family and friends, man, i was terrified, bro. i can't put it -- i still don't know what to say. i'm just happy. >> reporter: amara, alex, demar's story continues to bring out the best of humanity.
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his chasing foundation has surpa surpassed $8.1 million. it will be emotional at the stadium when the bills take the field. >> so uplifting to hear. coy wire, thank you very much. well, compelling information from police and a crucial witness revealing new details this morning about the brutal deaths of four university students. yesterday we saw furniture from the crime scene in moscow, idaho, being loaded on to trucks and taken away. >> the father of a victim believes his daughter was being hunted, in his words, by her killer. cnn's veronica miracle has been on the scene for us as investigators try to work out exactly what happened inside the building. >> he was stalking them. >> reporter: the father of kaylee goncalves, one of the four university of idaho students killed, believes his daughter and her friends were hunted after authorities laid out the case against bryan
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kohberger. >> he was just a person looking for an opportunity and it just happened to be in that house. and that's hard to take. >> reporter: kohberger charged with the murders may have cased the scene of the crime four months before the murders according to new court documents. an affidavit released thursday reveals police started looking for a white hyundai elantra around thanksgiving, almost two weeks before asking the public for information about the car. >> december 23rd they get the cellphone records showing the owner of that car has staked out in the area of that murder house a dozen times since august. >> reporter: still no details about why the 28-year-old suspect chose this house and whether he knew any of the four victims, ethan chapin, xana kernodle, madison mogen and kaylee goncalves. the affidavit revealing around four in the morning one of the surviving roommates heard crying from xana kernodle's room and a
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voice say, it's okay, i'm going to help you. the roommate opened the door and saw a dark figure in black clothing and a mask walk past her. why did no one call 911 until noon on sunday? >> i do know that she was petrified and i think people respond a little bit different. i think she was just scared. very scared. you know, it's not like how people behave like they think they would. >> reporter: dna led police to the suspect. a knife sheath left on one of the victim's beds that contained dna similar to kohberger's father's dna found in the family's garbage according to the documents. a law enforcement source tells cnn as authorities were surveilling the kohberger family home they witnessed kohberger putting trash in a neighbor's bin and were able to extract it for dna comparison. >> the surveillance team that's watching whfrom a great distanc sees him clean the car from top
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to bottom inside and out using surgical gloves. >> reporter: in court on thursday, kaylee goncalves's father in the front row pointedly staring at kohberger. there have been a lot of questions about why a 911 call wasn't made sooner and i think this affidavit certainly raises even more questions. but i do want to emention i spak with the latah county coroner after this incident and asked if a 911 call had been made sooner could lives have been saved? she said no. veronica miracle, cnn, moscow, idaho. >> thank you for that report. now 15 million people are under flood alerts as california braces for more heavy rain and flooding next week. where meteorologists say we could see record flooding. a 6-year-old boy shot his teacher at school. what we know about how this started and how the teacher is doing. plus, the fda grants approval for a new alzheimer's drug.
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15 million people across california are under threat of flooding this weekend as another round of storms threaten the west. it's threatening to dump heavy rain. >> huge waves and powerful winds slammed into the village of capitola destroying the historic pier. at least two deaths are blamed on the severe weather. nearly 40,000 homes and businesses are still without power and crews across the state are working to repair damage from that last round of storms and time may be running out. cnn meteorologist allison chinchar joins us from the cnn weather center. allison, we are expecting round after round of rain. it's going to keep coming? >> that's it. it's the fact there isn't much of a break over the in next week or so as we experience multiple waves of moisture pushing along
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the west coast. let's look at where we have the rain. you can see pretty much from seattle all the way down to monterey, california, is where we are seeing the rain and snow in the higher elevations. because of how much rain we have had the last two weeks, any additional rain that comes town is coming down on already saturated dwroun. the red area, moderate risk, yellow, slight risk for excessive rainfall in the coming days. this will be the focus area today. still a very similar area sunday and monday. it shifts a little bit farther to the south. that first wave is going to come in today and through the evening hours tonight, mainly focused across oregon and then northern and then by sunday night we start to have our next wave begin to push in and that's going to continue through monday asf the longer-term concerns isn't just the froog on the roads but the rivers. these dots here are river gauges where we expect minor, moderate or even major flood stage in the
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coming days because take a look at this, guys. the numbers we are talking 4 to 10 inches of rain in the coming days. >> that is a lot. allison chinchar, thank you very much. and joining me to talk more about this event is daniel swain, a climate scientist at ucla. daniel, great to see you again. look, i'm from out west as well. people in california are just not used to these kinds of deluges. you say that's not what's -- not ordinary. it's the back-to-back nature of these storms, correct? >> that's right. while some of the storms are moderate to strong, the problem is the fact that they are coming back to back to back in quick sequence and not really giving the land a chance to dry out in between. so the flood risk is cumulative and even though the upcoming storms won't necessarily be stronger than previously in the same sequence, the flood impacts are likely to much worse. >> why are we seeing this amount
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of precipitation? >> well, that's a good question. right now there is a very strong jet stream really extending all the way across the north pacific ocean ending right near california. and that's essentially a storm delivery mechanism for the west coast and right now it's aimed squarely at california. this pattern has been in place since the last couple of weeks in december and looks like it might still be in place at least for the next week or so. that's a pretty extended period of very wet conditions in a place that could certainly use the rain, but there may be a little bit too much of a good thing given the flood risk. >> right. i have been watching my friends post videos and pictures about what they are seeing in their communities and it reminded me of our conversation a few months ago about a study that you were a part of that said the likelihood of a maeg a storm, which is defined by 30 days of just relentless rain or snow,
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that likelihood is going up. is that the case? is this related in any way? >> just to be clear, what we are seeing this week is not of the magnitude of the kind of extreme scenarios we looked at in our research this past summer. but that said, there are some parallels. this idea that the big risk to california, when it comes to flooding, really comes from the cumulative effect of multiple storms, one after the other, that saturate the soil and bring further heavy precipitation over days and weeks. so in that sense, this is a similar setup. and we have seen some places in this storm sequence, san francisco, for example, that has seen their wettest 24-hour periods in well over century going back to the 1800s. so we are seeing hints in recent years of some increasing precipitation extremes in california even though this particular event won't be as extreme as the kinds of scenarios we outlined in our research. it could still have major
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impacts if week, especially in northern california. >> is climate change playing a role, number one, in what we're seeing and will see in the next few days and out west in california and also when it comes to the increasing likelihood of this mega storm that you talk about in your study? >> we live in a warming world. so in that context, climate change effects essentially all weather events to some extent. the question is how and to what degree really. when it comes to extreme precipitation, we know that warming temperatures bring about an exponential increase in the water vapor holding capacity of the atmosphere. so that rises very quickly even for small amounts of warming. that raises the ceiling on how intense precipitation can become in a warming world. and so we probably have already seen about a 10 to 15% increase in that ceiling on how intense precipitation can become. so while we certainly have seen major storm sequences before we had a lot of climate change, we do believe that the likelihood
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of these sorts of extreme events is increasing and that the climate change we have seen so far has probably doubled the likelihood of an extreme flood and storm sequence in california. so this really is an important consideration moving forward in a place that has seen at least recently more drought and water scarcity than flood to be circumspect and thinking about the other side of that hydrologic coin as well. >> that's a very important warning. the extreme flooding and infrastructure unable to handle this kind of extreme weather, what should local jurisdictions and states be doing to prepare for repeated scenarios like these? >> well, in the short term there is a limit to how much you can do in the days immediately before an event like this, although there certainly are local agencies putting their flood plans into place right now. i can tell you that much. in the long term, it's really thinking about how to co-manage
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the risks of drought and flood. in a place like california, we are likely to see more of both in a warming world. it's not just getting drier or wetter, but we will see more of both kinds of ex treemgs. that sort of requires different approaches than if it were just getting wetter or drier all of the time. and so thinking about how week strategically leverage the occasional floods when they do occur to recharge groundwater, for example, or operate our existing large dams in ways that maintain safety margins during flood events and also give us more flexibility during droughts. these are the kinds of interventions along with things like restoring natural flood plains and giving rivers room to roam that are likely to be promising and are consistent with what the research suggests california's future climb is going to look like. >> daniel swain, thanks for being a part of the conversation. >> thanks again for having me. and coming up, a shooting at
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an elementary school in virginia. this time the suspect is a 6-year-old. 6-year-old student. why police say that the shooting was not accidental. - [announcer] what if there is a hearing aid that could keep up with you? this is jabra enhance select. it's a smart hearing solution that makes hearing aids more convenient and less expensive. it connects with your phone you can stream calls and music. with jabra enhance select, better hearing doesn't have to start in a doctor's office.
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a police investigation is underway after a 6-year-old boy shot a female teacher yesterday in an elementary school classroom in nuclear power plant. now, according to the authorities, the student and teacher were in an altercation when the 6-year-old student, who had the gun, fired a single shot hitting her. they say this was not an accidental shooting. >> the teacher was immediately rushed to the hospital with life-threatening injuries, but officials say she has improved since she was admitted. cnn's gloria pazmino now.
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this is simply shocking. what hor do we know about what led up to the incident? >> reporter: shocking, disturbing news out of newport news, virginia. this happened 2:00 yesterday afternoon while school was in session. police tell us, as you said, that this was during an altercation between this female teacher and they are student, a 6-year-old. that means that this was a class of first graders. that 6-year-old pulled out a gun and fired a shot into that teacher. the teacher immediately rushed to the hospital, as you said, with life-threatening injuries, and at that moment the school also began lockdown procedures to make sure that no other students or staff was put in danger. police also explaining yesterday that this shooting was contained to that one classroom and that at no moment were other students
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at risk during -- after this shooting. i want you to just hear directly from law enforcement and school officials there in newport news, virginia, yesterday. >> we have been in contact with the commonwealth attorney and other entities to help us best get services to this young man. >> i am in shock. and i am disheartened and i really feel that we need to educate our children and we need to keep them safe. >> reporter: so more questions than answers on that last point from the superintendent. we are still waiting to hear more details of the investigation to learn exactly why and how this child had a gun, brought it to school and exactly what led to this horrible episode. of course, a community that is very shaken and wondering exactly how this happened and what can be done to make sure it doesn't happen again or affect any of the students in this
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community. >> so many questions. how was this child able to get his hands on a gun and bring it to school? incredible. thank you very much. well, it's already been -- it's already two years since a violent mob stormed the u.s. capitol building trying to overturn donald trump's election defeat. >> and on the second anniversary of january 6th president biden honored the men and women who stood up to protect democracy on that dark day in 2021. jasmine wright is in wilmington, delaware, where the president is starting his weekend before heading it the southern border. who were the people honored yesterday at the white house? what was the president's message to them? >> reporter: yeah, the president gave 14 individuals who he called heroes one of the highest honors that a civilian can get, the presidential citizens medal. there two groups. law enforcement officials who responded to the carnage on capitol hill on january 6th, and then he awarded poll workers and
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election officials who in the days and weeks before really upheld election integrity. now, that included folks like capitol police officer eugene goodman, who famously misdirected rioters, luring them away from lawmakers. shea moss and ruby freeman, election workers who had been heavily criticized by president trump and his allies while they were just really trying to do their job. the president said that the country owed these 14 individuals a great debt and emphasizing the point that the threat to democracy did not just start on january 6th, but rather, there were constant hits on democracy in the weeks and days leading up to it. take a listen here. >> on this day two years ago we were reminded about the most fundamental of things. democracy itself. as i said before, we face an inflection point in our nation's
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history. on january 6th, it's a reminder that there is nothing guaranteed about our democracy. >> reporter: so there we heard from president getting to the bottom line there, although there has been progress made in the country there are threats to democracy that still exist. >> yeah, and president biden also announced that he will be making his first trip down to the southern border. what more can you tell us about that? >> reporter: yeah, all eyes will be on the president tomorrow when he leaves washington, d.c., and heads to el paso, his first trip to the border as president. it is a stop on his way to mexico where he will attend a northern american leader summit. it's a high-profile trip because when you think about all of the incoming criticism that the president and his administration has really faced from both parties on his handling of the border. that includes that latest executive action that taking increasing migrants to the country every month from certain countries abroad but also
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increasing the consequences for those who try to circumvent the rules. so the officials say that the president wants to talk to border patrol agents to see what their experience is like on the border as we see that influx of migrants, also seeing the security situation and talk about fentanyl and other drugs passing over the border. so of course this will be a high-profile trip for the president, first trip to the border since he has been in office. >> and one that many local officials i am sure will welcome as they have been calling for him to visit. jasmine, thank you so much. a new alzheimer's drug is being fast tracked by the fda, but officials warn it comes with some pretty big safety concerns. we will have the details. and cnn is looking at how rudy giuliani went from america's mayor to facing a litany of legal troubles surrounding election conspiracies. the cnn original series rudy giuliani what happened to
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the fda has green lit accelerated approval for an experimental dementia drug that appears to slow deterioration. there are so many new drugs, there are safety concerns about serious side effects. for more on that we have cnn medical analyst dr. lena nguyen with her expertise. thank you so much for joining us this morning. there is a lot to cover. it this new drug, can you tell us what it does and what some of those concerns are that people have? >> most therapies for alzheimer's disease are targeting the symptoms. if somebody has a specific symptom, that's what it helps. but this one is different because it's given to individuals early on in the course of their diagnosis and the intention is to try to prevent progression of the
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disease and try to reduce the amount of cognitive decline. and so it offers this novel therapy. there is a lot of po fence for it. but i think there is still a number of unanswered questions, including about side effects. specifically, there are some side effects that seem to be associated with this drug, brain swelling, brain bleeding. the question is, are we able to identify which patients will be eligible for it and which patients for whom the benefits outweigh the risk. another unanswered question is how it will be priced and whether medicare is going to cover it. that's something that the federal agency has yet to make a determination about. >> this news could provide a lot of hope to millions of americans. the alzheimer's association says that more than 6.5 million people in the u.s. live with alzheimer's. of course, this could give hope to their families. how big a deal is this moment, the potential of this new treatment?
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>> it offers great potential. but i want to be clear this is not a cure for alzheimer's. also this is given to people with early onset of their disease. so if somebody has more advanced alzheimer's, they are not going to be eligible for it. there needs to be much clearer definitions of who is going to be able to benefit from this drug and again we will have more research and clarity from federal agencies in the months to come. >> i want to switch to the latest on covid and we have this new variant earlier in the week, there was concern about how quickly it was spreading, now cdc is saying that it's not spreading as fast as they had initially feared. so what more codo we know about the danger of this variant? >> here we're talking about xbb.1.5, which is a derivative of the omicron subvariants. all the subvariants that are circulating are offshoots of the original omicron. you ask three questions. is it more contagious, causing more severe disease and is it
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evading the protection of our vaccines. and prior infections. in this case, xbb.1.5 does appear to be extremely contagious, which is a concern and is the reason why it's displacing the other variants. however, it does not appear to cause more severe disease and there is no indication that our vaccines are going to stop protecting us from severe illness. my takeaway here again is that people who have yet to receive the updated booster, especially if they are older individuals, people with chronic medical conditions, should get the updated booster it's worrisome a third of people 65 and older have gotten the updated booster. they are the most vulnerable. they should get that booster. for everybody else consider what your own risks are and consider taking precautions if you want to avoid covid. >> one part of the world that experts are worried about is china as they drop some of their zero covid policies and some countries are restricting travel from china as those cases surge.
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so how badly do you think the covid crisis here in the u.s. could be affected by what's happening in china and people traveling from china? >> well, i think the crisis in china is very bad. i mean, there are hundreds of millions of people who are probably infected with covid right now in that country and hospitals are getting overwhelmed there and covid hasn't really even hit the rural areas hard in china that have very limited health care infrastructure. so i think the problem there is bad. but i don't think that the travel restrictions make sense because we have so much covid all around the world and that doesn't make sense. it's a drop in the bucket to try to restrict what's happening in china from coming here. really the issue should be to try to prevent new variants from developing and also to identify these new variants as they are happening. so i hope that we will do more things like wastewater testing, including on flights that are coming from china, to see what new variants maight be sided
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there. restricting travel is not a great policy at this point in the pandemic. >> yeah, it is a very nerve-racking moment several years into this pandemic. doctor, thank you so much for your time. >> thank you. got a stash of bed bath & beyond coupons? you better use them soon. details on why the home goods retailer says it may not be able to stay in business much longer. and we know 80% % of couples sleep too hot or too cold. introducing the new sleep number climate 360 smart bed.. the only smart bed in the world that activelely cools, warms, and effortlessly responds to both of you. our smart sleepers get 28 minutes more restful sleep per night. proven quality sleep. only from sleep number.
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bed bath & beyond is warning that it may be headed for bankruptcy court. in a regulatory filing this week, the chain said it's looking at restructuring debt,
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seeking more cash and selling assets, but that there is substantial doubt about the company's ability to continue. >> and after that statement on thursday, the company's stock dropped by nearly 30%. joining us with more is cnn business reporter nathaniel myerson. so what's gone wrong at bed bath & beyond? >> we could be looking at a bankruptcy filing for this beloved chain, bed bath & beyond. it's really been squeezed by competition from amazon, walmart, target the past decade. you look at the recent sales numbers, in 2018 it was at about 12 billion in sales. tha that has plunged to 7.7 billion in sales last year. it was hit hard by the pandemic, bed bath & beyond had to close stores, and while it closed those stores, competitors stayed in business and more smohoppers shifted to them. >> i have a lot of those 20% off coupons.
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i have a huge stash in my car. what will happen to those? and did the coupon policy help or hurt them in the long run? >> we are all familiar with the those ubiquitous 20% off coupons from bed bath & beyond. we can use them for everything from, you know, kitchenware to stuff for our home. but the problem is that they actually hurt the company because people would only buy stuff from bed bath & beyond if they had the coupons. they wouldn't buy at full prices. so bed bath & beyond tried to get away from them, but they couldn't. they were kind of hooked on them. so if you have those coupons, use them now. don't wait for a potential bankruptcy filing and a liquidation. again, the novelty of the coupons kind of wore off when you could just buy stuff on amazon for cheaper prices and compare around. >> this would be, you know, bankruptcy would be an earthquake in the retail world. they are ubiquitous, iconic, you know much you go to any mall across the country, they are there. what would this mean for -- what
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would a bankruptcy filing mean for the company in particular, but the broader retail industry? >> bed bath & beyond has about 950 stores across the country and 30,000 employees. a bankruptcy would force it potentially to close all of these stores and have a huge impact on employees. there would be layoffs. but it would also really impact the broader retail sector. over the past few years we have seen more businesses shift to amazon and walmart. if bed bath & beyond were to close stores, that would just accelerate. and so the big would continue to get bigger while the middle and the smaller companies struggle, and that's what we've seen over the past decade in retail. the big getting bigger and then everybody else really struggling. >> that's a shame because i do appreciate walking into a brick and mortar store and actually just, you know, shopping around even if i don't actually buy something. nathaniel myerson, appreciate
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you. thank you. and that's our time. thank you, everyone, for watching. >> love being back with you and all of you out there, much more news ahead in the "cnn newsroom." fredricka whitfield is coming up next. take care. dry skin is sensitive skin, too. and it's natural. treat it that way with aveeno® daily moisture. formulated with h nourishing, prebiotic oat. it's clinically proven to moisturizize dry skin for 24 hours. aveeno® okay everyone, our mission is complete balanced nutrition. together we support immune function. supply fuel for immune cells and sustain tissue health. ensure with twenty-five vitamins and merals, and ensu complete with thirty grams of protein. what makes every stearns & foster so incredibly comfortable? the attention to detail, that combines time honored craftsmanship...
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just look around. this digital age we're living in, it's pretty unbelievable. problem is, not everyone's fully living in it. nobody should have to take a class or fill out a medical form on public wifi with a screen the size of your hand. home internet shouldn't be a luxury. everyone should have it and now a lot more people can. so let's go. the digital age is waiting. just look around. this digital age we're living in, it's pretty unbelievable. problem is, not everyone's fully living in it.
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nobody should have to take a class or fill out a medical form on public wifi with a screen the size of your hand. home internet shouldn't be a luxury. everyone should have it and now a lot more people can. so let's go. the digital age is waiting. ♪ hello, everyone. than