tv CNN Newsroom CNN March 29, 2023 6:00am-7:00am PDT
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♪♪ alex! mateo, hey how's business? great. you know that loan has really worked wonders. that's what u.s. bank is for. and you're growing in california? -yup, socal, norcal... -monterey? -all day. -a branch in ventura? that's for sure-ah. atms in fresno? fres-yes. encinitas? yes, indeed-us. anaheim? big time. more guacamole? i'm on a roll-ay. how about you? i'm just visiting. u.s. bank. ranked #1 in customer satisfaction with retail banking in california by j.d. power. make on time payments. cf 30 point bump in their credit score, on average, download the app today. cnn presents a max original heaven's gate sunday at 10 on cnn. very good thursday morning to i'm jim sciutto, everyone i'm jessica dean and we are following several major
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stories this morning. first in nashville. new details about the shooter who killed six people at a christian elementary school. and we've determined that audrey about seven firearms. from five different local gun stores here legally. ah they were legally purchased. three of those weapons were used yesterday, but parents felt that she should not own weapons. they were under the impression that was when she sold the one weapon that she did not own any more. i said thursday. of course it's wednesday. the parents of audrey hill hill also gave critical insight into hail state of mind will be live in nashville with details just ahead. plus an unprecedented ruling and a new setback for trump's legal team. a judge has ordered former president vice president mike pence to testify. federal grand jury is now getting a chance to ask pence about his conversations with the former
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president. in the days leading up to january, 6th. we begin this morning, though, in nashville, where cnn's carlos suarez has been following all of the developments in the last 24 hours, carlos water investigators focusing on as we start today. well jim and jessica. good morning. no doubt , authorities here in nashville are still focusing a part of their investigation around the 28 year olds. social media yesterday, the chief of police said that investigators were still going through cell phone records, and they are no doubt still trying to learn more about what they're describing as an emotional disorder that the shooter was being treated for the new york times this morning is reporting that a college teacher at no c r at school. that's an art school here in nashville. said that about six years ago, the 28 year old was a student in her class. the teacher went on to describe essentially the 28 year old as
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having had some sort of emotional breakdown in class. now we're part of the article reads quote colony that's the college instructor recalled that the students difficult first day of class. it was the first students first day at the college and miss colony notice that the student was beginning to cry in the front row, the student miss colony said, was having difficulty creating a password for the online student portal. now the instructor goes on to tell the new york times that in the time since the 28 year old was a student in her classroom. the shooter apparently had posted on social media about grieving the death of a partner and that sometime after that had asked to be, uh, had asked to be identified rather with male pronouns. jim and jessica. tell us more about what we're learning about folks inside that school, including teachers and their interactions
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, maybe even confrontations with the shooter. yeah, james, so we're getting a little bit better idea a clearer picture of some of these encounters that have been inside of the school itself. we now know that it appears that the head of the school katherine coots, the 60 year old may have at some point either made her direction towards the shooter. because of the way that her body was found . police did not want to confirm exactly whether she tried to stop the shooter. but they said that based on the location of ms koontz's body, they do believe that some sort of encounter did take place as that shooting progress. we also know that 61 year old mike hill, he is the custodian. we're told he was most likely the first one to die. because he was at the front entrance of the building where the shooter first made entry. we're told he was inside of those two glass doors that were
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shot out, and they believe he was killed almost instantly now the cnn affiliate here in nashville, reports that hill leaves behind seven children. and 14 grandkids. jessica and jim. mm. human tool heartbreaking. yeah. carlos suarez for us in nashville. thanks so much, and he talked a little bit carlos did about the victims were learning new details about some of them. he talked about 61 year old mike hill, a beloved custodian at the school who was known to the kids as big mike, like carlos said he was a father to seven children. a grandfather to 14. his family says the faculty and students at covenant quote filled him with joy for 14 years. all those poor families left behind among those killed as well. school head katherine coons, substitute teacher cynthia peak. she was just there for that day. and those nine year olds those little girls, haley scruggs,
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also a little boy, william kenny , the family of nine year old evelyn dick cows, released a statement saying, in part our hearts are completely broken. we cannot believe this has happened. i can only imagine her pastor had this to say this morning. she's amazing, shining light. um, i know her family is going to want to tell her story at some point. and right now we're giving them time to grieve and to be surrounded by their family and friends. i think that our children deserve to be able to go to school. and come home in the afternoon. i don't have all the answers. um it's this happens all over our country and we've seen it. but then when it happens in your neighborhood and your backyard um, we we've got to find a way to do better. yeah well, that last point clear call for change. congress and congress. hearing a call from president tried to take action specifically on assault style weapons. like one of those used
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in the shooting on monday, president biden has reignited his call for a total ban. republican resistance continues to stand firm. we can pass all the laws we want, but somebody's gonna three d printed books. somebody's going to get ammonium nitrate like they did in oklahoma and completely evil didn't have a assault weapon. look at the murder rate in some very poor areas of chicago. they're not using a r fifteens are using handguns, so ultimately we need to stop the violence by making sure we take violent criminals off the streets and addressing the mental health issue that we faced. a whole control. with me now is democratic senator chris van hollen, maryland senator thanks for taking the time this morning. ah might have an audio problem. want to try again? jim
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good to be with you. sorry about that. no problem. i do the same thing all the time. first you heard what republican lawmakers said in response to this. it's familiar. frankly, we hear similar after the many, many other shootings we've seen in recent years. what's your response? well, jim, this is a national disgrace. united states is unique in having this problem . these mass shootings, the daily toll of gun violence. and there are things we can do. president biden absolutely right that we should reinstate the ban on semi automatic assault weapons. we had that in our country decades ago, we can do it again. we should also look for some of the things congress is prepared to fund for states and one of the big issues. in this terrible shooting in tennessee was the absence of red
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flag laws there had been red flag laws proposed in the state legislature. they were they were not down, but that could have provided the kind of warning in this situation to prevent the shooter from being able to get a gun. so there are a number of things we need to do on an urgent basis at the national level, and certainly at the state levels as well as well. sad fact is, don't have the votes right to move on. things like the president has called for reinstating the assault weapons ban. in private. we hear their public comments in private . do any of your gop colleagues expressed any willingness to negotiate on guns? some of them sometimes, but they seem to have gotten in this mindset. where they have this automatic response. this automatic refrain . we're hearing it right now. you just played some clips that
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shuts down the conversation and what we need is continued pressure and it is. you know, we just passed the anniversary of the march for our lives, a student movement that has made some marginal small progress and we did pass, of course, the safer communities act, but what we're witnessing in tennessee and other places around the country just shows how far we still have to go in passing common sense gun safety laws. for folks who are watching at home right now. this is familiar territory, right? they've seen this before. i've seen it before. you've seen it before. republicans and democrats. i think about my kids, and i'm sure many folks watching here think about their kids in the wake of anything like this. is there anything to give folks hope? that this time will be different or any time will be different. well i think the hope here is that on occasion in the
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past when there has been a national uproar and national outrage about the lack of progress at the national level on gun safety there has been some action in congress again. the safer communities act was a small step, but it was a meaningful step, especially in the area, providing more funds from mental health and aimed it at school students and others in the community. but without these other measures that president biden, myself and others have called for i fear that we're just gonna we're going to see this. repeat itself over and over again. so, um small steps hopefully can add up to bigger and faster steps, but it the public content needs to really be engaged. you know, the student movement did help bring about some changes in the laws, both in in florida after the
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terrible shootings in parkland and at the federal level, but we need folks not only to be outraged about what's happening as we all should be. but really decide to make this a voting issue. i mean, this has to be an issue that people died. is a priority when they go to the polls. i want to ask you about banking. your key member of the senate banking committee got a lot of attention. yesterday we heard top banking regulators take the stand yesterday. uh they blamed bank management for the failures of silicon valley bank and others did. the regulators failed to. well, jim , i'm listening to all the testimony here, and there's no doubt that the bank executives are the primary culprits here. they obviously took a lot of risks. they shouldn't have. it turns out from the testimony, the fed regulators weren't monitoring. uh silicon valley
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bank. they were very worried about it. they had provided certain directives. to the bank . um and then the question is could they have taken more recourse earlier, but the reality is, we're still getting to the bottom of this. i hope there's going to be emerging bipartisan consensus that at the very least, we need to change our laws so that we can call back. uh any of the games compensations, you know, from the chief executive officer, top executives that they were they cashed in just before. the bank collapsed because of their own incompetence. so we have some laws in the books to reclaim those monies from the very big banks. but there is a loophole here that i and others are working to close right now. beyond that, if i can just quickly do you believe there should be criminal consequences as well. well there's certainly should be an investigation, and i believe the justice department
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the fbi will look into whether or not there was insider knowledge of what was happening in the people cashed in, for example, the ceo sold $3.6 million of company stock. uh 10 days before the crash. now if you can, if they can demonstrate that he sold that, you know, knowing based on inside information then clearly there's criminal culpability. but jim, i think, regardless of whether or not there was criminal culpability here nobody should be able to profit. it from their own mismanagement. and that is why we need these clawback laws in place for banks the size of silicon valley bank and other size banks, not just executives at the very biggest banks. senator chris van hollen, van holland. thanks so much for joining us this morning. good to be with you. thanks. telecom it's time to testify. why mike pence is being told to testify
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and conversations he had with then president donald trump in the build up to january 6th and where he could still draw the line. that's next. plus, cnn is live near the front lines in ukraine, where the anticipation for tanks from western allies runs high, the latest movement there, as the ukrainian president sends his own invitation to chinese president xi jinping. and several high profile fox news hosts could be headed to the stand. why both fox and dominion voting systems. i want the likes of tucker carlson and sean hannity to testify and how likely it is. we'll actually see that happen. that's coming up. i think i changed my mind a about these classes. yeah, it happens.. that's why vision works giveses you 100 days to chchange your mind. it's sisimple. anything ee i can help you with. like what? vision works see the difference. back when i had a working circulatory system, you had to
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reporter katelyn polantz joins us now with more so katelyn polantz pence does not have to answer questions about his own actions on january 6th when he was presiding over the certification. but what does he have to testify for the special counsel here? well what is so contested here in this court case was whether or not mike pence would have to share those one on one phone calls that he had with donald trump. no one else on the call, but those two men leading up to january 6th and our sources are telling us that the judge's order in this case on monday is that pence must testify about those things , partly because the judge found that what mike pence will have to discuss to the grand jury in this criminal investigator. nation in dc in federal court are moments where donald trump may have been acting corruptly or even potentially illegally, so that's what mike pence is going to have to talk about. even if there are certain things he might be able to decline to
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answer because the judge is giving him some protections as a quasi member of congress of but the vice president who was overseeing the senate on january, 6th specifically. but one of those phone calls between him and trump has been hotly pursued by a lot of investigators. we've never heard from pence under oath on it before it was that heated phone call between between him and donald trump. the morning of january 6th. here's what other witnesses had to say. when they remembered that call for the house january 6th investigators but at some point it started off. as a calmer tone and everything and then became heated. the conversation was was pretty heated. so as i was dropping off the note, um i my memory. i remember hearing the word wimp either. he called him a wimp. i don't remember if he said you are a wimp. you'll be a womp womp is the word i remember . i apologize for being impolite . but do you remember what she
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said her father called him. the p word. pence in his book previously wrote that wimp was the word that donald trump used there that he would be remembered as a wimp. but of course, he's never said that under oath and we do have to wait and see how pence is going to respond to this court decision. he is making public appearances this week, including in iowa and on cnn. alright katelyn polantz with the latest reporting there thanks so much for that, and joining us now to talk about all of it is cnn political commentator bakari sellers, former democratic south carolina state representative and sarah long well executive director for the republican accountability project, and publisher of the bulwark. good morning to both of you. thanks for being with us this morning, sarah, let's start with you. we now know that pence will be required to testify. this news is coming. as we noted, while he's in iowa, not officially announced as a 2024 candidate just yet, but clearly his guys are looking are there and he is physically in iowa, which tells
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us a lot. how critical will his testimony be? and what kind of an impact is this going to have on the 2024 race and how he might try to handle all of these issues at once? yeah, well, it would be very critical and look, the reason that mike pence hasn't wanted to testify and he's been fighting it so hard is that he's under the impression that there is an appetite for mike pence to, you know, mike pence run in 2024. he's wrong about that. you know, i talked to voters trump voters, republican voters every week and focus groups. and there is very little appetite or interest in mike pence. in fact, he's kind of in the sour spot with voters where they either don't like him because they don't think he stood up for donald trump. or they think he was to sink a frantic to donald trump. and so what? mike pence. i think really needs to do here is focused on what's best for the country, and that means going in testifying, telling the truth and ultimately doing what he can to block
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donald trump from becoming president again in 2024. that is a service to the country, much more than a mike pence 2024 presidential campaign. mccurry and any decision on indictments regarding trump's role in january 6th or attempts to overturn the election in the state of georgia. it's going to come in the midst of the presidential race and the presidential race is already underway. trump has announced. we've already seen him predict violence in response to a possible indictment in new york , and perhaps we can show the picture again of him with that baseball bat. what kind of reaction does the country need to prepare for? if trump is indicted for his role in january six, or the efforts to overturn the election in georgia, which arguably more serious charges? yeah i actually think he has more criminal exposure in georgia, as well as with the classified documents in the special prosecutor than he does with the efforts to of january 6th and the insurrection and i think that the department of justice and merrick garland are
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going to have to make a tough call. um they're going to have to rely on the overarching principles of our democracy. and that is that no one is above the law. this is gonna be a very, very, very difficult decision for him to make because as you say, jim the country may tear apart at its seams. i think we're stronger than donald trump, i think was stronger than donald trump and indictment of donald trump, and i think we can stay together. however they're going to be people out there that are royally mad and upset, thinking that we're persecuting someone who they adore. um he got 74 million votes. um, and so i think that that is something that will weigh heavily on the department of justice. as we go through this process and the district attorney in fulton county, but at the end of the day, i think they fall back on the overarching prints. double, which is that no one man is above the law. yeah sorry. i like to stay with you for just a second. you mentioned that all the different cases. there's so many investigations swirling around the former president right now, but he came out. he said that in this one in manhattan, the manhattan d a s
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potential case against him or the potential indictment against him. he thought he'd be arrested last tuesday that never came to be, but yet we talked about it for a whole week. he was able to go to waco, texas, and say that he was a victim that he's being persecuted. is this just another example of him? i'm kind of playing everything to his strengths, inserting himself back into the conversation. and how do you think he continues to deal with that moving forward in this race? so i don't give trump that much credit being this, um , genius that's able to manipulate everyone around him and take these moments and utilize them to this advantage. i think that he's a sociopath. and i think that what you're starting to see is that behavior as he has his back against the wall. you know, i'm not sure how strong the cases in manhattan um , but again no one man is above the law. but i think that as as
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the pressure begins to squeeze donald trump his back gets against the wall with that type of psychopathy. no telling what this man may do, sarah just quickly before we go. you talk to focus groups all the time is trump still the most likely republican nominee for 2024. well, here's the thing. so republican voters there's a big chunk of them that do want to move on from donald trump, and they've really identified ron desantis as the person they're most interested in. moving on to. the problem is that the relationship with ron desantis is quite shallow. um and as they start to see more and more of him, you see that some people say maybe he's not as good as i thought he'd be. and one of the interesting things is we always ask them if it's not ron desantis. if you decide you don't like him. he flames out for some reason. what do you do? do you look for somebody else in the field? or do you go back to donald trump? and they usually say back to trump and i think that's one of the things that gives him a lot of strength because the relationship between voters and trump is very deep. sarah long, well, resellers. thanks so much for both of you. thank you.
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please don't miss former vice president mike pence will join wolf blitzer on cnn prime time for a wide ranging interview on his own political future. the multiple investigations surrounding former president trump as well. that's tomorrow. nine. p.m. eastern time. and this just in to cnn as drug overdose deaths hovered near record levels in this country. the fda has now approved the first over the counter version of the opioid antidote, narcan. the nasal spray will come in a package of 24 mg doses in case the person overdosing does not respond to that first dose. the product can be given to anybody, including children and babies. opioid deaths as a reminder are the leading cause of accidental death in the country. the numbers are just astounding. well still ahead. president biden prepares to lead key allies in the second summit on democracy right as tension is percolating with israel's prime minister. over moves there that some see as antidemocratic. we're going to live at the white
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. fuller stronger, healthier hair guaranteed bella hair .com. i'm jeremy diamond at the white house. and this is cnn. right now. president biden preparing to defend global democracy amid political turmoil around the world as a co host the second summit for democracy this morning, the president's focus, expanding diplomacy and bolstering democracies around the world amid growing influence from countries like china and russia. the event comes amid another political crisis that the one in israel over the prime minister's effort to overhaul the judiciary something president biden as well as many senior israeli figures have strongly criticized cnn's arlette signs now from the white
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house are let top leaders in israel they're in talks, perhaps to put these reforms not just on hold, but maybe walk them back a bit. i wonder, how is this impacting the conversation? because we know president biden has publicly encourage netanyahu to yahoo to pull this back. yes he has gym and this issue regarding these judicial reforms in israel has already come up during this summit a bit. earlier today, israeli prime minister benjamin netanyahu addressed the summit, where he talked about those disagreements that have existed between the us and israel, but also said that he did not appear to be backing . there is a way to strike a balance amidst all of the concerns playing out in israel at this moment, this all comes as just yesterday, president, president biden revealed deep concerned it expressed his own criticism of this proposal, saying that he does not want
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israel to go down this path that he hopes the israeli prime minister will walk away from pursuing these judicial reforms . it really reflects a very rare moment whether us is weighing in on another of country. trees domestic affairs, but especially when it comes to a key ally like israel. so much of these conversations so much of expressing concern about these reforms had been done behind the scenes until president biden brought his own viewpoint out into the open just yesterday. now the president is expected to speak in the coming hours at this democracy summit, a gathering of about 120 world leaders where the administration is hoping they can put the strength of democracies. on display, of course, that has been to a centerpiece of president biden foreign policy in his first two years in office, trying to argue that democracies need to remain strong at this time. so in just a short while we will hear from the president as this democracy summit plays out over the next
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two days. quite a global background with everything that's going on for this democracy summit. alright, arlette signs at the white house for us. thanks so much. well the head of the iaea is back in ukraine this morning inspecting the nuclear power plant in zap erica. for the second time, the nuclear watchdog is pushing for a safety agreement between ukraine and russia, calling the situation in separate, very dangerous and unstable. not far from there in the occupied city of melilla, topol residents were woken up early this morning by powerful blasts there about 10 strikes, knocking out power too much of that city. that's according to ukrainian forces. cnn's been wiedemann is near the front lines in eastern ukraine been walk us through what you're seeing today. well what we're seeing is that the fighting in this city of mahmoud continues to be intense. russian forces have been trying for seven months to take bomber. the
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ukrainians say the lines have stabilized. but one interesting thing we heard today from yevgeny precaution who is the head of that private military company, wagner, the russian company. he said that he he said that, of course, the ukrainian forces have been battered in baku mood, but he acknowledged that the wagner group has also been battered as well. they're both sides have invested a huge amount of material and manpower in that city, and it seems that it is at this point. it's something of a stalemate not to the south of there in the town of abdic abdic, which is very close to the part of the donetsk region occupied by the russians . the situation continues to be dire. we heard we're hearing that there have been evacuations there. but like mahmoud, it seems there's a stalemate there as well. jessica jim. we saw the
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chinese president visit the russian president in moscow last week certainly show support in the midst of the ongoing war there. we know the ukrainian president has sent his own invitation to the chinese president. do we know where that stands and what's the intention? well we haven't heard from the chinese. it's certainly an interesting move by president zelensky. he says that before the war he was in contact with the his chinese counterpart, but since then hasn't heard directly from him keeping in mind. of course they had last week there was that very high profile visit by the chinese president to moscow. china has put pour forth sort of a program peace proposal . i suppose we could call it now the united states and other western powers fairly were fairly dismissive of it, but ukraine itself has not dismissed it. and it does seem that zelinsky is keeping all his options open. as far as the
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chinese go, jim jessica then. wittmann. good to have you on the ground there. please keep yourself and your team safe. dramatic new video of the moment of fire was set at a mexican migrant center 38 migrants dying in that incident, how the guards there responded. we'll have more on that next. allergies don't have to be scary . spraying flonase daily gives you long lasting, non drowsy relief felonies all gd. viously, we got termites. first thing is, you got know what they're biting on. i told pro organ pro. i got thisget a termites don't call any pro. call the organ, pro organ the best in pests where you're going . you must know where you've been every mile marks a moment in history. for 75 years, sherm
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good morning, everyone we do begin with breaking news. joining us now are two lawmakers from different sides of the aisle also live in ukraine. dr sanjay gupta, clarissa ward, palestinian denmark. one of the most extraordinary media trials in modern memory, dominion voting systems big defamation lawsuit against fox news is now moving towards a trial. details emerging about who might be called to testify, including some of the network's most recognized and promised host.
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let's bring in cnn senior media reporter oliver darcy to discuss all of this first off oliver. who can we expect to see on the stand if this does go to trial? yeah this is shaping up to be one of the most high profile media trials in recent memory. and really, you're expected to see some of the biggest stars in right wing media potentially at this trial, and that includes fox news ceo suzanne scott, the network president, j. wallace as well as host sean hannity, tucker carlson, maria bartiromo , brett baer. basically anyone who is anyone over at fox news could be potentially called to the stand in this trial. if it goes to trial and two weeks. so another potential target for prosecutors, of course. rupert murdoch, the man who pulls all the strings in the business, as the judge sewn any indication of how he would rule on his potential testimony. that's exactly right. jim fox corporation, for obvious reasons doesn't really want rupert murdoch to take the stand, and
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they've already argued against it. but the judge isn't buying those arguments. and he said in court yesterday at a virtual hearing that that he doesn't think it's an inconvenience for murdoch to travel based on murdoch's previous behavior. i'll read to you what he said. he said at one point, i think he recently got engaged on st patrick's day, and he said he looks forward to traveling between his various residences in montana and new york. in london. and of course, while murdoch is 92 years old, jim, we have seen them in public. he was just at the super bowl, for instance, with elon musk. so the judge not buying the idea of the notion that murdoch is not able to travel to wilmington's for this potential trial. that was quite an answer from the judge. it must be it sure was. and obviously we're talking about all these hypotheticals who might testify how this might work. but in the end, oliver how likely is it that this actually gets to a trial? it's possible. i mean, of course, until the clock strikes midnight. it's possible that the site, both sides will somehow reach a
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settlement out of court. both sides have at the moment they've asked the judge to rule in their favor, declare them the outright winner ahead of a jury trial and saying we don't need to go to trial just declares the winner. we've proven our case that's unlikely. it's a very high bar, so that's unlikely the judge is likely to allow this to move forward to trial in mid april, and we'll see if the two sides reach a settlement. but right now. all things are pointing toward some of these big names, potentially taking the stand in a trial. um quite a moment in court. oliver darcy. thanks so much for covering. some dramatic new video to show you this morning, you'll see the moment a deadly fire began to spread at a migrant detention center. this happened monday in juarez, mexico, near the el paso border crossing, and we do want to warn you. this video is disturbing. cnn's ed lavandera has more. this dramatic video captured what appears to be the beginning of the fire that spread through
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this mexican migrant detention facility in juarez late monday night, you can see flames and smoke filling the detention area in a matter of seconds, migrants scrambling for their lives and several mexican immigration officers walking away from the area while migrants were left locked in the cells. eventually thick smoke fills the area, making it impossible to see anything else outside. witnesses described hearing migrants screaming for help as fire spread through the detention center. rescue workers responded , pulling people from the smoke and flames. this woman says there was smoke everywhere. everyone was running for their lives. but all the men were left locked inside and the door to let them out was never open. at least 40 people died. 29 others were injured in the blaze. e. protester mexico's president says the migrants started the fire when they found out they
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were being deported. the president says they protested by setting fire to mattresses inside the building where they were being detained. the video from inside the detention center doesn't clearly show how or who started the fire, but several mattresses can be seen on the ground by the steel jail bars. mexico's national migration institute in attorney general are investigating the cause of the fire. as many questions remain, showed up when the fire had already started just flaming and more than anything that take away was the screaming of people still inside. you don't sound convinced that it was the migrants that started this fire coming to me and letting me know that they believe that someone else outside the building started the fire. they were locked inside a room. which they should have never been, um, locked in. this woman who cried as her husband was taken away by ambulance said he was grabbed off the street into that juarez
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and taken to the migration center. grabbed him on the street for no reason. immigration advocates say this deadly fire fuels concerns along the border as migrants continue to flow through mexico. trying to reach the u. s. you have migrants that are just desperate and frustrated. that was lavandera for us. thanks so much for that reporting, ed. still ahead, apple has announced an easier way to pay why we're seeing a rise in the buy now pay later trend. and what that means. next time you check out. mm bunch of guys made up work way back when. felt free last teams with more. working is deader than me. your 60. hi i
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at just 7 99 a month 775383882 or visit homeserve dot com. jessica schneider at the supreme court, and this is cnn. by now, apple pay later that is the brand new option now available to shoppers who may be feeling inflation sting platform, apple says now allows buyers to pay for things in installments. but there are racing and business reporting. nathaniel myerson joins us now the first obvious question is, is this with or without interest? so jim apples jumping into the growing buy now pay later trend and these, this
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is a program without interest and without late fees, more customers are turning to it and more businesses are rolling it out. the apple program you can pay in four installments over six weeks for just about anything and the loans range in $50 to $1000. and so, nathaniel . this trend this buy now pay later. trend is growing. why why is that? and what are people using it for? so shoppers right now are squeezed by inflation and they're looking to spread out their purchases, not pay everything all at once more retailers have rolled it out. i'm just if you go on any major retailer's website right now, you'll you'll see the option you can use buy now pay later for clothing for furniture, electronic and increasingly, shoppers are using it to pay for groceries we've seen about a 40% jump in buy now pay later for groceries during the first two months of 20. 23 compared to a
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year ago, and that's because grocery prices are up double digits and shoppers are feeling the pain from that. so the fact that there's no interest that i've obviously takes away one of the risks inflating the actual cost, but what are other risk for consumers? so some of the services jim do charge late fees . so if customers miss one of the payment installments, they're going to get hit with a late fee and we see late fees growing on these buy now pay later services. the other real concern is that it's going to encourage overspending among shoppers who don't have the funds to pay it back, particularly on their debit cards. so you look at the profile of who's using buy now pay later services about 25% of users don't have any emergency save. things are non retirement funds. so these are folks who are really financially strapped and may not be able to pay it back. yeah something to certainly consider. alright. nathaniel myerson. thanks for explaining it all to us. we appreciate it. alright it wasn't
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exactly exactly ocean's 11 1 of my favorite movies, but an employee is accused of a casino heist. a big one in colorado. sabrina eddie is facing theft charges after video surveillance caught her taking half a million dollars from the company vault. the cashier told police though she got a call from someone identifying himself as the head of operations, saying the casino was having trouble with an equipment order and would be in breach of contract if she did not deliver money to a lawyer. she's saying she did nothing wrong. and she just thought she was following orders. we'll see what the what the truth in depth being jim still ahead what officials are saying about how the nashville shooter legally purchased those guns involved in monday's deadly shooting. next we go live to nashville. we founund the right model. w what would make you feel comfortable
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