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tv   CNN News Central  CNN  May 1, 2023 8:00am-9:00am PDT

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an accused mass murderer on the run. hundreds of officers are search issing for this man suspected of killing five of his neighbors including a 9-year-old boy, and what is being said about the manhunt this morning. what is happening with your money after the second largest bank failure in u.s. history. cnn is live in saudi arabia where a ship carrying americans
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fleeing the banks of sudan has just docked. these stories and more coming into "cnn news central." this morning, a manhunt across the state of texas for the man accused of shooting and killing four adults and a 9-year-old child. officers say that the incident was sparked all because someone simply asked him to stop firing his gun because a baby was sleeping. a $90,000 reward is being asked for his arrest. there is a huge number of officers searching for him but right now, josh campbell, we are hearing zero leads? >> yes, that is right. federal, state, and local officers are fanning across southeast texas, north of houston where on friday,
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authorities say that the man, the 38-year-old francisco oropeza conducted this brutal killing of five of his neighbors, and now they were originally able to track the cell phone. he discarded the phone, authorities said, and no leads but an $80,000 reward right now leading to the capture. and now, to walk you through the events. witnesses say friday, neighbors went over to the suspect's home, because they kept hearing sound of gunfire and they asked him to shoot on the other side of the house, because there is a baby here being disturbed by the ear-piercing gunfire and rather than stopping shooting, the suspect charged into the home of the neighbors and opening fire and killing a woman in the doorway and three other people and then killing a 9-year-old boy. one man inside of the home who was able to escape, he lost his wife. he lost his child in the killing, but he spoke in an emotional press conference describing what the incident was like. have a listen.
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>> translator: one of the people who died saw when my wife fell to the ground and was dying. she told me to throw myself out of the window, because my children were already without a mother. so one of us had to stay alive to take care of them. she was the person who helped me throw myself out of the side window, but she still failed. she died. >> again, sara, $80,000 is the reward and authorities are saying anyone with information call the police. don't approach this person, he is obviously being considered armed and extremely dangerous, and told authorities are going door-to-door to ask the neighbors if they have any ring doorbell camera footage or anything to piece together what the time line and movements were and hopefully to identify where he is right now, sara. >> josh campbell live for us on that horrible, horrible killing there in texas. john.
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>> thank you, sara. some dramatic moves overnight after the second largest bank failure in history. the regulators seized assets of the first republic bank and the billions of assets and then jpmorgan stepped in as a buyer, and the first republic bank to fail, and it is the second largest since the 2008 financial crisis and the third u.s. bank to fail since march. cnn's vanessa is there. >> yes, and this morning as it failed, it is opening this morning as a jpmorgan chase bank. we are learning new details from ceo jamie dimon on how this deal came together on a media call. late yesterday, they made a bid to buy first republic bank and it was a competitive bidding
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process, and the bidding closed at 4:00 p.m., and jpmorgan was the winner. then it took 800 jpmorgan employees and others at the fdic and treasury to close the deal, and the fdic announcing deal this morning. as part of the deal, and the main thing that the customers want to know is if their money is safe, and yes, as pa rt of the deal, jpmorgan has assumed $92 billion in deposits as well as $173 billion in loans and to close the deal, jpmorgan paid the fdic10.6 billion. but the question here is if this is the last of the bank failures we are going to see, and remember, this is one of three that has happened in seven weeks or more to come? jamie dimon addressed it on the media call this morning. >> this is getting to the near end of it, and this is going to establish everything, and the american banking system is extraordinarily sound. obviously, going forward, you
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will have recessions, and you know, rates going up and stuff like that, and you will see other cracks in them is, but it is to be expected. the system is very, very sound. >> reporter: now, jamie dimon also saying that he does not believe that this deal will impact a recession in any way. he also said that he did not close this deal to stave off a recession, but if you remember, jpmorgan led a $30 billion cash infusion with other deals just a few weeks ago with first republic bank, and he didn't want it to come to this, but that $30 million was to buy some time, but jpmorgan making the purchase. >> this is huge sums is of money, and right now, the market seems to like it, and vanessa
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yur yurkevch, thank you. >> and can the roots be spread to silicon valley, and more specifically, the failure of svb. and now, the silicon valley customers has led to this, and first republic bank's is focused on the coast and silicon valley, and palm beach, florida, and greenwich, connecticut, and no problems there, but many of the affluent customers held large balances there, and that meant that 2/3 of the deposits were above what the fdic insures as of the end of 2022. then after svb failed, the customers got spooked and started to pull the money out fast, and first republic said that customers had pulled $100 billion of deposits out in the first three months of the year, and that happened after as vanessa was talking about 11 ot
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other banks had come together to give first republic a $30 billion lifeline, but it did not save them. and the deposits were down, and then around the 1st of march, the stock were trading around $30 a share, and then went down to $4 a share, and that made it clear that the first republic's fate was sealed. sara? >> it is rough and we will keep it going with the state of the union and chief political correspondent dana bash who is here in person, live. >> good to be here. >> so good to have you in person. after the silicon valley banks collapsed, the lawmaker held some very heated hearings, and in the background of the failure now of first republic bank, there is this fight over the debt ceiling. what are you hearing? are they going to be coming together to get this done or let somebody further hurt the economy? >> it is the question. if you were to watch "state of
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the union" yesterday, you would have said, wow, this is never going to be done, because you on one hand bernie sanders saying that we can negotiate on the spending cuts maybe, but we won't negotiate on the debt ceiling. on the other side, the republican whip tom emmer who helped to muscle through narrowly the republican plan which has $4 trillion of spending cuts last week saying that we won't let the nation default on the debt, but we are not going to deal with what the democrats want to deal with. so, that is where they are publicly. this is to me sort of exhibit a of why people are so fed up with washington. i know that there is exhibit a-b-c all of the way to z, but this is important. especially now, and especially reporting on the failure of this bank, because people don't want more chaos and disruption at all in their wallets and in bank accounts. so they are saying, and talking
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past each other, and doing it to posture. eventually, it is hard to imagine that they will not find a way to, for both sides to claim victory and both sides to figure out a way to make sure that the nation doesn't default on its debt. it is going to be ugly, and it is ugly now, but i mean, you heard dick durbin with john berman on the show. >> we will hear from him just now, and dick durbin, the senator from illinois, he was asked about the fight, and this is what he said. >> in your heart of hearts though, you do suspect they will talk at some point? >> history says that finally people come to their senses, but i don't want it to be at the expense of the working families and businesses across america. >> so, finally people come to their senses, and the first part of that was what you just talked about. maybe for the base, this yelling and this we are not compromising works, but when it is coming to nitty-gritty and getting it done
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and it sounds like behind the scenes, there is some talking going on, maybe? re is acknowledging that there is talking that has to go on soviet days when they have to acknowledge the size and shape of the table to sit down, and we are ki this they are still showing their various constituencies that they are staking out the positions that they want. so, they are not at the place where they are sitting down at a table like this. i'm not saying that right now that something wild will not happen in washington. i mean it was 2011 that they did not allow america to default on the debt, but they came so close that the rating got a downgrade which had never happened in america's history. >> yeah, yeah. >> and so, look, the thing that people need to know is that despite the sort of the frankly
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pandering on both sides is that they understand the stakes, and the stakes are incredibly high when it comes to the financial stability of the american economy and of voters and their pocketbooks. >> this is money that has already been spent. >> that is so important to repeat. >> and so if i go with the credit card and i spend a ton of money, and i go, you know, what i don't want to pay this right now, i am hit with all kinds of fees and it is messing up my credit, and same thing with the united states it turns out. >> and what the republicans are doing is to use the threat of default as leverage, which is, you know what, that is happening in washington all of the time. and you are using a must-passed piece of legislation for leverage of what you want. so that is what we saw last week, the white house had said, show me where you want to cut, republicans. they did it. large cuts and dead on arrival and no question about it. but now they have they have sort
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of, again, positioned themselves to inch back to some kind of -- and this is actually let me say this, because it is so complicated for a lot of people. when you hear the democrats saying that we won't negotiate on the debt ceiling, because it is as you said, bills that have already been, the money has been spent and these are the bills that we have to pay. what they are likely going to do, which is what dick durbin told john berman is to have a negotiation on the budget which is going forward and how the money is going to be spent so that probably all sides will be able to claim victory at the end. >> dana bash, congratulations on the new show. >> thank you. >> and thank you for coming on. >> i love to be here. >> we will have you back, right? right, john? >> dana bash in "cnn news central" right here. and now, ukraine and russia clashing overnight and including
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targeting bakhmut. and now, waiting for the mississippi to crest. with tear gas and police clashing in paris. this is the largest may day demonstration that the country has s ever seen. we are there live. back when i had a working circulatory system, you had to give your right arm to find great talent. but with upwork, there's highly skilled talen
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all right. t this morning we are seeing the escalating clashes of the police and protesters in paris. one officer hit by a molotov cocktail and suffering burns according to the police. the riot police have been using water cannons to disperse the protesters and thousands are taking the streets to be the largest may day protest that france has seen in years. the demonstration over labor rights is coming after months of president macron's overhaul of the pension system there which is raising the retirement age by two years. our melissa bell has been on the streets of paris where it is all happening. melissa, if you can hear us, give us a sense of what is going on around. >> reporter: john, an idea of what the plaza is looking like right here. this is the black bloc protesters which is making it to the end point of today's march, the unions and the tens of the thousands of more peaceful
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protesters are following, but here, for the last hour, john, it is the latest battles of riot police and the far left members of the black bloc who are determined to seek confrontation with them. they are using water cannon and an awful lot of tear gas. what is remarkable about the may day protests compared to the other protests that we have been seeing in the last few weeks, john, it is not just the number of the black blocs out there on the streets which are much more substantial than what we have seen in the last few months, but the presence on the streets is some 12,000 policemen out posted to keep the peace, john, because the authorities knew to expect the worst. partly, it is because the reform has gone through, and the pension raise will be raised from 62 to 64, and it is a fact that the french will have to incrementally have to work longer than before, and because
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it is traditionally a day of protests, the authorities thought perhaps it would be a more protests today and longer in hours, and that is how it has played out, john. >> melissa bell on the streets, and thank you to you and your team, and stay safe there. sara. >> yes. in some places,s communities ar planning for snow melt. in some places in downtown davenport, iowa, they are preparing for flooding, and the quad cities is preparing for 24.6 feet of water. that is record-setting crests. and adrienne, how are the people holding up there? they have been dealing with this for some time.
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>> they v and have, and history sometimes, sara, it is the best teacher. this is what we are looking at, which is river street, and literally it is looking like the river. to the right, it is the venue which has a barrier around it, and those are the sandbags, and you will see it in the downtown area. we have returned to a bar we visited thursday night which was open for business sunday, and james perez who we spoke with told us that the efforts are working and are confident that the sandbags will hold. take a listen. >> this time around, this time around, we knew ahead of time of what to do. so, i don't know, i just kind of take charge, an bobby let me take charge, and soy took all of the volunteers who were not sure what to do, and organized them into, you know, >> a team. >> a team. thank you. teamwork. so, yeah, i probably laid about
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90% of these by hand, but it wor worked. >> reporter: and sara, for the mostpart, people are trying to make the best of what could be a really bad situation. one of our after 23filiates sha some video from one of the communities where they were using canoes and are optimistic that they survived the flooding of 2019, and taking with it. stride, sara. >> the mighty mississippi brings beauty, but also destruction so often. adrienne broadus, thank you. it is a train going behind her earlier, and then a stream of ducks there, and quite a scene there in davenport. still, still, still. and now, a growing push to
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embrace changes to how they report their financial disclosures, and this is not coming out of left field. there is a failure of justices to disclose real estate and other deals. and now, the senate is holding a hearing on this very issue, and now coming up next, why the chief justice says he is not going to be testifying. and how the stave off a major strike in hollywood for the writers who are staging a walk-out that could happen in a mat per of hours coming up. when it does, aspepen dental is here for you. we offer the custom dental trtreatments you need, all ununder one roof, right nearby. so we can brbring more life to your smile... and morere smile to your life... affordably. new patients without insurance can get a free complete exam and x-rays, and 20 percent off treatment plans. schedule your appointment today. i'm christine mahon.
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committee will hold a hearing for supreme court ethics after a series of revelations that some justices failed to disclose gifts that many believe could lead to potential conflicts of ethics. democrats are calling for reform, but all nine justices say no to changes needed to be changed for the current guidelines. chief roberts said he will not be testified tomorrow. what can we expect? >> well, criticism of that, sara, and more of a push from the democrats and some republicans to get the nine supreme court justices to
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prescribe to a more robust code of ethics. so far, the democrat chairman dick durbin is quite outspoken, but last week, independent senator angus king, and lisa murkowski also enacted a bill to have them enact their own code of conduct within a year. and chief justice roberts is saying that more needs to be done, and not only declining to appear at the hearing but he submitted a letter saying that all of the justices are already doing more than enough. so he wrote this to chairman durbin last week. he said that the undersigned justices today reaffirm and restate foundational ethics principles and practices to which they subscribe in carrying out the responsibilities as members of the supreme court of the united states. this statement aims to provide new clarity to the bar and the public on how the justices address certain recurring issues and seeks to dispel some common misconceptions. then the statement went on to
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state which rules they follow, but they cannot disclose everything because of security concerns, and so there are many in congress to ask if they have enough of a ethics code especially with the recent revelations of justice thomas for example accepted luxury trips and that property deal with the mega donor and never disclosed these deals. >> yes, that can create a trust deficit with the public, and i wanted to ask you about something else, justice alito telling "the wall street journal" that he has a pretty good idea of who leaked the draft opinion in the dobbs case. what more are we learning there? >> yeah, a stunning statement for sure, sara. he did not give any more details, and he said that he didn't exactly have enough proof, but what justice alito said that he believed it is somebody who did not want to see "roe v. wade" overturned, but that is what happened, and threw
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cold water on the theory that it was someone from the conservative side, and if it was a conservative, maybe trying to lock in the 5-4 vote to lock in the overthrow of the "roe v. wade." he said it is infuriating to me, and it made us targets of the assassination, and would the five of us do that to ourselves? it is implausible, and pushing back on that theory. he said that leak did lead to a pervasive atmosphere of suspicion and distrust which has been mostly dispelled, but it is a tough time for the justices as well. >> it is amazing that quite a few people did have access to the draft. thank you, jessica snchneider there in d.c. and tonight, most of the writers of television could be shutdown. and 90% of the writers for
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television and streaming shows could be shutting down tonight if a deal is not reached. oliver darcy is with us, and what are the sticking points here? >> yeah, john. hollywood is holding its breath, because it would be a major disruption to the work flow if a deal is not hashed out in the next fou ew hour. some of the sticking points is how tv consumption has changed over the years with the streaming era. so, writers are saying that, you know, shows that are on the streaming services like netflix, they are usually shorter, and not the 20 episode seasons any more, and maybe 10 episodes and so writers are hired for the shows and less work available, and it has to do with the residual fees. so if you have a show like "lost" or "house" and the shows would be reair on the broadcast cable networks for some time, and they would earn the residual fees as result. they are saying that residual
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fees that kept them going between the jobs are not as common anymore, and that is something that they wanted to see addressed in a deal. so there are some sticking points as it relates to how consumption has changed since the two sides first hashed out a contract many years ago. this is the first stoppage of work in really 15 years, major stoppage of work in hollywood. what you would see, john, is the first impact the late night comedy shows, and i would expect that those would immediately start playing reruns in the days and weeks ahead, but if the deal is not hashed out, and this is dragging on for some time, shows that were set to premier in the fall could also be pushed back. so a lot is going to hang in the next few hours, john. >> and there have not been many signs of progress yet. oliver darcy, great to see you. thank you very much. kate? >> new numbers are coming in to show how deadly the conflict in sudan is becoming. we are seeing more and more people, including the americans,
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learning that a former u.s. marine was killed in ukraine on the outskirts of bakhmut. he was 26 years old, and his mother is telling us that he was killed by a mortar blast, and he was working to help evacuate the civilians from the city, and that is where the fighting is taking place in the last several
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months, and there is fierce resistance in that city where the american was killed. overnight, russia launched a new round of missile attacks in ukraine including bakhmut. and this is a strike on the ukrainian forces. watch this. gee. east of there, five children were killed and another person killed in this attack. nic robertson is there, and nic, russia has launched a series of missiles there, and they say they have hit the targets, but what are you seeing on the ground, the reality there? >> yeah, we know that russia has pretty much zero credibility,
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and their claim might be believed by russians back home, but here, it is not holding water at all. the ukrainian officials say that there were 18 russian missiles fired here, and 15 were taken down, and we heard the siren here in kyiv last night, and some people took to the metro station to take shelter, but a lot of people carried on their lives as normal, because the air defenses in kyiv in the last few days have been 100% successful, and they have taken down all of the incoming my missiles missil when russia says it hits the targets, well, if they have hit the schools and the apartments, and the 34 civilians and 5 of them children, is that what the russians say is their target? so they seem to be zero credibility in the forces in bakhmut, and that is a really
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close strike to where that camera was positioned with the ukrainian forces. and looking at the other video today, you can see that the soldiers are so close to each other, and the ukrainians are literally looking at the apartment window, and it is the russian forces, and it is toe-to-toe there. the town is pretty much destroyed now, and the ukrainians are refusing to give in. there are a few kilometers that they control and refusing to give in on that, and it is appearing that they are taking greater losses than the russians in terms of the territory, but they are inflicting greater losses on the russian side, so it is clear why they don't want the give up the fight easily there. they may not give up the territory, but they are giving up loss on the russian side which they say is to their advantage. >> thank you, nic. john? >> the u.n. refugee agency says
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as many as 200,000 people may flee susan because of the conflict there. and an estimated 73 million have already fled. we are show some who have boarded a tugboat to get to the red sea, and they are boarded on a bigger saudi sea. the consul in jeddah say that over 100,000 americans have evacuate and this morning, americans have reached the shores of jeddah and kylie atwood is at the state department, and give us an update on the effort to get the americans out. >> yes, john, over the weekend, two american-organized convoys leaving khartoum on the long treacherous journey to the port sudan and that where the americans were then able to get on efforts to get them over to jeddah. what we know according to the u.s. official at the embassy in
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jeddah is that there were 100 americans as you said who arrived on a u.s. naval ship from port sudan over to jeddah just this morning. so, that is significant, because this is the first u.s.-government organized convoy that actually brought the americans out of khartoum to a place to safely get out of the country, and obviously after quite a bit of pressure on the u.s. government from americans in the country saying that the u.s. government was not doing enough, and what they had been doing is referencing them to the convoys led by u.s. allies, and flights out of the country by the u.s. allies, but these are the first two u.s.-government organized convoys for the american citizens and locally-employed staff in sudan and other citizens in allied countries. we will watch to see if there are further convoys that the u.s. government actually organizes to get more americans from khartoum to port sudan or to places where they can safely get out of sudan.
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what we don't know is exactly how many americans were on both of these u.s. convoys. what we are being told by the state department is that 1,000 americans have been, have gotten out of the country, and those efforts have been facilitated by the u.s. government, and they have been involved in the efforts, but they also say that thereare less than 5,000 americans who have asked to leave the country, so we will see how the demand ends up over the next few days, and if there are further u.s. convoys that are needed. john. >> thank you, kylie, for your reporting. keep us posted on this. ed sheeran is back in a u.s. courtroom in the battle to prove that one of his smash hits did not copy a marvin gaye classic. . i would hahave hired actually talented people from all over the world.
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michael j. fox is speaking very candidly in a new interview about living with parkinson's disease. fox is 61 years old, he is a been battling this horrible disease for 30 years. he tells cbs news he doesn't expect to live to see 80 years old. despite all of that he says that he is fighting still to remain positive. listen to this. >> i recognize how hard this is for people and i recognize how hard it is for me but i have a certain set of skills that allow me to deal with this stuff and i realize with gratitude optimism is sustainable. if you can find something to be grateful for, then you find
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something to look forward to and you carry on. >> fox also revealed that he recently underwent spinal surgery and said it was a benign tumor, which affected how he walks and in a sign of how tough things are getting for him, michael j. fox says that he suffered two broken arms, a broken hand and broken bones in his face because of taking several falls recently. sara. >> he is an inspiration. singer ed sheeran is back in court this morning as he fights a lawsuit accusing him of taking key parts of his grammy-winning song "thinking out loud" from the marvin gaye classic "let's get it on." chloe melas joins us outside the courthouse. last week you got to hear him play the guitar on the stand. >> reporter: sara, i heard him play the guitar again. ed sheeran is in the courthouse right behind me, he just took the stand about a half hour ago and his testimony is expected to take most of the day.
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so he has his guitar behind him because he is trying to prove his point that the chords in "thinking out loud" are not similar and not an exact replica of marvin gaye's "let's get it on." i want to remind everyone exactly what we're talking about here because we have heard from musicologists who have taken the stand talking about the melody, the rhythm of the song. take a listen a little bit of each song. ♪ darling, i will be loving you ♪ ♪ until we're 70 ♪ ♪ let get it on ♪ ♪ let's get it on ♪ >> reporter: so katherine town send who is the heir to ed town send who co-wrote that song with marvin gaye is back after having a medical issue, back in the
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courtroom today. we saw ed sheeran walk up to her give her a hug and exchange pleasant tree. as he was walking into the courthouse i screamed out what do you have to say to your fans who have been supporting you and he turned and looked at me and said "thank you." this is a very high profile situation, ed sheeran has previously won a copyright infringement suit last year with a different song, he has settled on another one. it is common for celebrities to find themselves in the courtroom, taylor swift and others have been sued before and some have been successful, some not, some do settlements right before and clearly both sides are really standing their ground with their own conviction and it's going to be up to this jury. one of the things they are talking about today i just want to tell you quickly is the performance that ed did in zurich, switzerland in 2014 where he plays "thinking out loud" then switches over to marvin gaye's "let's get it on."
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that will be interested from the townsend side cross-examine him about that performance. >> i'm sure it is evidence it will be used in this particular case. chloe malice, thank you for joining us from outside the courtroom. while we are on the subject of music. >> muzak. >> former first lady michelle obama on stage with bruce springsteen during a concert in barcelona on friday. ♪ glory days ♪ ♪ glory days ♪ ♪ >> so look at that. >> she's killing that
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tambourine. >> that is michelle obama. >> in the cool cargos. who is next to her? >> patty, bruce springsteen's wife and over here not seen anymore is cape capshaw from "indiana jones and the temple of doom." >> fame. >> fame. and they are all singing "glory days." let's a pretty august backup group you have. >> i was thinking of something funny about this. when you're thinking about "glory days." michelle obama is living her best life right now. >> she truly is. >> there is a lot of leather going on and i'm very supportive of it. >> i am, too. i have always wanted to be a backup singer always. anywhere. >> apparently anyone can go up on stage in a bruce springsteen concert and sing backup. >> can you play the tambourine? >> it's harder than it looks. more cowbell. no? >> no place for the triangle up
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there. >> i'm just going to -- i'm going to stick to watching and applauding from the audience. >> excellent. >> we will let them play you out. >> thank you for joining us before kate starts singing. this has been cnn "news central." "inside politics" is up next. ♪ ♪ glory days ♪ ♪ glory days ♪ [ applause ] the day you get your clearchoice dentalal implants changes your struggle with missing teeth forever. it changes how you eat, hoyou feel, and how you enjoy life. it changes your smile and how others smile at you. clearcice network doctors have changed over 100,0 lives with dental implants, d they can change yours, too. because a clearchoice day changes every day. schedule a free consultation.
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