stocks stocks slide, wall street suffer their deepest losses of 2013. why good economic news caused a slump. flood emergency. as many as 100,000 people could be forced to evacuate as rivers rise in western canada. >> it's back-to-back titles for the heat. the 2013 nba championship presides once again in miami. >> the heat repeat. lebron james and the miami heat score dramatic game seven victory to claim their second straight nba championship, setting off a celebration in south florida. daddy loves you. daddy loves you. >> and thanks to a medical breakthrough, this little boy is able to hear the sound of his father's voice for the first time. captioning funded by cbs

this is the "cbs morning news" for friday, june 21st, 2013. good morning. good to be with you. i'm anne-marie green. well, it's first day of summer, but investors are feeling a chill go down their spines. wall street taking its first big lurps of 2013 this week. on thursday the dow jones industrial average fell 353 points. that wiped out six weeks worth of gains and was the biggest loss since november 2011. the nasdaq and standard & poor's also lost 2% each, and the slide could continue today. cbs's "moneywatch's" ashley morrison is here in new york with more. good morning, ashley. >> good morning, ashley. well, asian stocks were mostly down with the exception of tokyo's nikkei which added more than 1.5%. the slump really began on wednesday after federal reserve federal chairman ben bernanke said the central bank would

start winding down its economic stimulus program later this year. just how far stocks will slide remains to be seen, but while all this volatility has spooked some investors, financial experts say what we're seeing isn't all that new. wall street investors got their bells rung on thursday. blue chip stocks falling more than 350 points on disappointed economic news out of china, and that loss coming on the heels of another triple-digit selloff on wednesday that was largely triggered by this. >> we would continue to reduce the pace of purchases in measured steps through the first half of next year, ending purchases around midyear. >> ben bernanke's announcement that the federal reserve is planning to stop buying up $85 billion worth of bonds a month. that program has kept interest rates low and encouraged spending and hiring. >> the message that we're getting out of washington is that slowly but surely the infusion of capital's going to have to stop at some point, albeit slowly. the faucet will turn off slowly,

and it's time to see if our economy can stand on its own. >> that would likely mean mortgage rates will continue to rise. after hovering near historic lows since the end of the recession, rates have ticked up since the beginning of the year and that could slow the housing recovery. >> once we see the rates start to move and we're starting to see it, there might be a little bit of a panic there that you're missing out on opportunities. >> but the reason for fed's decision to stop the bond buying program is improving economic data. ben bernanke says he's expecting the economy to grow. experts say it's a by-product of a brighter economic future. >> we love this. this is what we live for. when you have these kind of -- this kind of volatility, this is a dream for us. that's why you're in the business. >> this is when you make your money. >> exactly. >> the dow is still up about 12% since the beginning of the year, so many investors are looking at this week's selloff as an

opportunity to snatch up stocks at a discount. anne-marie? >> ashley morrison, thank you. well, today president obama will nominate a former bush administration official to be the new director of the fbi. if confirmed by the senate, james comey will replace robert mueller. comey is best known for a stand off with the bush administration over the warrantless wiretapping program. and this morning we're learning more about the government's far-reaching nsa surveillance program. two in documents published by the "washington post" and britain's "guardian" indicate that nsa can keep copies of communications about citizens indefinitely. obama administration officials say information gathered on americans is destroyed. today president obama meets with the federal privacy and civil liberties oversight board that reviews anti-terrorism programs. >> and house leaders on both sides of the aisle are blaming each other after the house

rejected a half trillion-dollar farm bill. the vote was 234-195. the five-year measure would have cut $2 billion a year from the food stamp program. it would have also allowed states to impose new work requirements on food stamp recipients. and senate leaders appear to have reached a compromise on immigration reform. the deal involves tough new border security but would also eventually grant citizenship to millions of immigrants living illegally in the u.s. but the deal is likely to face stiff opposition in the house. susan mcginnis is in washington. susan, good morning. >> anne-marie, good morning. senate approval of this bill is far more likely this morning now that two republican senators came up with a plan for what's being called a border search. the question is will there be enough republican support to get it through the house. republicans and democrats have reached a deal that helps clear the way for a vote on comprehensive immigration reform within the next week.

>> to get comprehensive immigration reform right, we've got to first secure the border. >> republican senators john hovin and bob corker brokered the deal that would northeasterly double the order of border patrol agentsing double the border to nearly 700 miles and include high-tech drones including cameras and surveillance. after these steps are taken, then the estimated 11 million undocumented immigrants could eventual lie receive citizenship. >> this amendment, the work from these two guys brought me into this process. >> senate democrats believe the bill will pass with more than 70 votes. they hope there's enough bipartisan support to convince their house colleagues as well, but some of the house members we spoke with are still not convinced. >> regardless of what the senate does, the house is going to work its will. >> virginia congressman bill

good low says he doesn't believe it's going to stem the flow of immigration. vice president joe biden believes it's the right thing do. >> it's long past time we confirm the fair unfettered past for citizenship for some 11 million undocumented immigrants in our midst. >> he also says it's good for >> our economy and foreign policy. now, the extra manpower alone the border alone will cost an estimated $30 billion. anne-marie? >> susan mcginnis in washington. thank you, susan. the food and drug administration has approved the unrestricted over-the-counter sale of the morning after pill. the bill lifts all age requirements for the contraceptive. until now customers could buy a prescription if they were 17 or older. taken within 72 hours of intercourse, plan b one step can cut the chance of pregnancy by up to 89%. and a just released report from united nations finds that

violence against women is a global health problem of economic proportions. the u.n. says about a third of women around the world have been physically or sexually assaulted by a former or current partner. 600 million women live in countries where domestic violence is not a crime. and coming up on the "morning news," a return to a deadly disaster. we'll get an update from the residents of moore, oklahoma, one month after a massive twister tore through their town. this is the "cbs morning news." tore through their town. this is the "cbs morning news." deadly disaster. ♪ [ jen garner ] what skincare brand is so effective...

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♪ uh! i just want to celebrate [ male announcer ] every time you say no to a cigarette you celebrate a little win. nicorette gum helps calm your cravings and makes you less irritable. double your chances of quitting. torrential rain triggered massive flooding in the canadian province of alberta. as many as 100,000 people may be forced to flee to higher ground. this is what it looks like 50 miles west of calgary. roads and bridges were washed away. at least one person is missing. more than 3 inches of rain could fall in the next two days. and more than two dozen wildfires are burning in the west. hot dry, windy weather is

fueling fires in eight states. conditions are made worse by more than a year of drought. one of the biggest wildfires is in gila national forest in new mexico. 57 square miles have burned since it started by lightning almost two weeks ago. one month ago this week a tornado with 210 m.i.p. winds ripped through the city of moore, oklahoma, just outside oklahoma city. 20 people were killed. it ripped through an area 17 miles long, more than oned my wide. mark strassmann went to moore to see what has happened since then. >> this was the nursery. you can actually see where it's peeled the roof off. >> reporter: john fisher's family has been uprooted for a month now. the f-5 tornado here left their home a total loss. what has been the hardest part? >> not being able to give myself the time to sit down and process everything that's happened. right now family comes first and getting them squared away is what's most important. >> reporter: the fishers are among 3,000 displaced people in moore. more than 17,000 homes and

buildings here were damaged or destroyed. the city of moore has cleared 59,000 tons of debris, but another 90,000 tons remain. >> unbelievable. >> reporter: barbara garcia's home of 45 years is rubble. we first saw this 74-year-old three hours after the twister hit, searching for her schnauzer bowser. suddenly there he was. >> oh, oh. >> reporter: your house had fallen down, but your house meant much less to you than bowser. >> i'll take that. >> reporter: every time. >> every time. >> reporter: more than 4 million people have sen the cbs news reunion video online. many have given to the fund that has raised more than $61,000 to build garcia a new home in moore. she had no insurance. >> even though i've lost, i have gained so much. this has shown me how many good,

good people are out there. >> this is what we own. >> reporter: john fisher and his wife afton also plan to keep their family in moore. moore's had four major tornadoes since 1999. why would you rebuild in moore? >> it's our home. if you've seen the community and how they come together, who wouldn't want to live there. >> reporter: by august moore officials hope to have all the debris cleared, and then the rebuilding can really begin. mark strassmann, cbs news, moore, oklahoma. well, straight ahead, your friday morning weather. and in sports lebron james delivers the ultimate performance with everything on the line in the nba finals. ultimate performance with everything on the line in the nba finals. i got to gauge whether or not the projects will be done in a timely fashion and within budget. angie's list members can tell you which provider is the best in town. you'll find reviews on everything from home repair to healthcare.

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here's a look at today's fast in some cities around the country. new york, mostly sunny today, but thunderstorms in miami. chicago, thunderstorms as well in the afternoon. partly sunny in dallas. los angeles, partly sunny with a high of 79. time now for a check of the national forecast. on the first day of summer, thunderstorms and possible hail will stretch from the northwestern plains to the great lakes. showers and thunderstorms will soak florida and the gulf coast. the northeast will be sunny and pleasant. well, back-to-back championships, that sounds pretty good to lebron james and the miami heat this morning, especially when you consider what they had to go through to earn that distinction.

the heat and san antonio spurs battling in a game seven to decide the nba finals last night. james would play his best down the stretch in another closely played game. he hits five three-pointers and finishes with 37 points and with the heat holding a two-point edge late in the game, james delivers a dagger. he hits a jumper to make it a four-point game and the spurs just couldn't come back. the miami heat win their second straight championship with a 95-87 victory, and lebron james named the mvp. >> last year when i sat up here, i thought it was the hardest thing i've ever done. this year, i was absolutely wrong. this was the toughest championship right here between the two. >> san antonio's center tim duncan had a chance to tie up the game late in the game, but he missed a layup.

the four-time champion said the game seven loss will haunt him. >> made some bad decisions, missed some shots. i don't really know what to say. just kind of credit to the miami heat. >> happy heat fans poured out of american airlines arena partying into the florida night and into the morning, no doubt. well, in baseball the san diego padres turned some great defensive plays against the dodgers. in the seventh chris denorfia goes over a wall and into the stands to make a foul catch, and in the second inning amarista makes a diving catch. the defense helps the padres to the 6-3 win. but the best catch of the day belongs to this minnesota twins ball boy. he makes some good air to make a leaping catch and also protects some fans behind him with a line drive.

look at that. i expect to see him in a uniform later on. when we return, an emotional journey. we'll watch a little boy hear his father's voice for the very first time thanks to a groundbreaking device. ce for the very first time thanks to a groundbreaking device. before they can attach. the leading brand kills, but doesn't repel. a tick that isn't repelled or killed may attach and make a meal of us. get veterinarian recommended k9 advantix ii! for dinner? two juicy sirloin steaks for dinner. plus our amazing texas cheese fries to share. all part of our 2 plus 1 equals $20 dinner deal only at chili's. more life happens here. mornings are a special time for the two of you...) and you can make them even more special... with fancy feast mornings. mornings are delicious protein-rich entrées... with garden veggies and egg. each one perfectly designed... to start her day with a little love. fancy feast mornings gourmet cat food.

the best ingredient is love. why a passenger had to slamn the brakes for the driver! plus: dow drops. wall street tries to recover after its biggest sell-off of the yea what has investors so skitt and too hot for the spurs! miami takes game 7 of the n championship! who helped lead the team to victory. join us for kpix 5 news this morning... beginning at 4:3 good morning. it's friday, june ,,

here's a look at today's forecast in some cities around the country. washington, partly sunny today. atlanta, afternoon thunderstorms. same for st. louis. 92 the high there. denver, partly sunny. seattle, occasional showers, 66 the high. at least one person was killed in the biggest anti-government protest yet in brazil. more than 1 million people rallied in at least 80 cities last night. the protest began about a week ago over an increase in bus and subway fares. a toddler in north carolina has just started doing what many of us take for granted. hearing sounds. as dr. jon lapook reports, the boy was implanted with a device last month. >> daddy loves you. >> reporter: this is 3-year-old

grayson clamp hearing his dad for the very first time. >> daddy loves you. daddy loves you. >> reporter: it's just moments after doctors turned on his new hearing system. nicole clamp is grayson's mother. >> overwhelming joy to see your child hear for the first time. i don't think i have any other words that could adequately describe what that felt like. >> reporter: grayson was born completely deaf because he lacks the sound that sends messages from the coke kwee ya to the brain. doctors had to bypass the body's normal hearing pathway. the device threads sound to his skull. they plant an implanted electrode that sits in the area of the brain stem that processes the hearing. dr. craig buckman performed the surgery.

>> he responds to things like music, responds to voices. teachers have noticed some changes and they actually have noticed he's started to use his voice a little bit. >> reporter: the procedure was approved for adults in 2000. it's most responsive in children and grayson was the first child to receive it. dr. buckman says the device may work better on younger an more adaptable brains. >> we know that children's brains are much more plastic. they're able to tolerate many more things. we thought children would be able to use the information in a better way. >> daddy loves you. >> it just melts my heart to hear his voice. any mother longs to hear a child's voice. for him to feechbl start using it is just so amazing to me. >> we're told that that sign that grayson was making when he heard his dad means voice. doctors hope that grayson will have normal hearing, but it will take time for grayson's brain to figure out how to interpret the new input he's receiving. as his mother told us, he doesn't quite know yet what to do with all that sound. dr. jon lapook, cbs new, new york. coming up after your local news on "cbs this morning," more on grayson's surgery and his

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whoa, whoa, whoa. >> evacuees have returned to their homes following a massive explosion at a warehouse fire in quebec, canada. the fire at the site burned for hours. witnesses say there were two explosion about an hour apart and the cause for the blast is under investigation. when actress angelina jolie disclosed last month that she underwent a double mastectomy, it put the struggles of breast cancer patients in the forefront. here in new york a designer has been helping women feel good about how they look post-surgery. alexis christoforous reports. >> this is the first swimsuit that started it off. >> reporter: patricia brett designed a sim swut for women

after surgery. she understands the challenge firsthand. brett's family carries the brca 1 genetic mutation which dramatically increases the odds of breast cancer. >> i have that mutation, and ten years ago at the age of 39 i had a risk-reducing bilateral mastectomy. >> reporter: brett had difficulty finding swimwear. >> most of the swimsuits were matronly. it had a skirt on the bottom and loud floral prints. >> reporter: she decided to make them herself. she named her company veronica brett after an aunt who died of breast cancer. three years later the suits are selling out. brenda o'brien discovered the line after having breast cancer and a double mastectomy. >> it was like a dream come true because i knew when i first put it on, there you have it. it fit. it covers everything. >> each suit comes with pockets for inserts, they have wide straps and come high under the

arms to cover scars but without looking frumpy. >> that was really my goal to lufl beautiful, sexy, and sophisticated so a woman could forget about breast cancer and look as she did before. >> reporter: brett sells her suits in boutiques and on the website shopbop and soma.com. she says it's the hardest job she's ever had but also the most rewarding. alexis christoforous, cbs news, new york. barbra streisand has been entertaining audiences for decades, but last night she delivered a unique performance. ♪ on a clear day >> the 71-year-old sang to an audience in tel aviv. it was the first time she had ever performed in israel. streisand who's jewish called it a special show and said she felt a special connection to her roots. during her visit she also sang at a 90th birthday for israel president peres peres.

coming up after your local news on "cbs this morning," we'll go behind wall street for the drop in the market. plus, we'll show you a new exhibit at the jfk museum about the president's final months at cape cod. and actor charles grodin stops by the studio. that's the "cbs moring news" for this friday. thanks for watching. i'm anne-marie green. have a great day. -- captions by vitac -- www.vitac.com

and i'm brian hackney. frans the mo >> your realtime captioner: linda marie macdonald. good morning, everyone. it's friday, june 21. i'm michelle griego. >> happy friday. i'm brian hackney. frank has the morning off. time now is 4:29. do we have lawrence out there? we do. >> hi, lawrence. >> i am here, folks. >> where are you?

>> i'm at the fair. yes. just barely made it but i want you to see the ferris wheel closed so far but we have all the food putting it together, popcorn behind me, all kinds of stuff and we are going to have a lot of fun out here today. the weather is going to work out nicely. chilly in spots in the 40s and 50s. but we have some major in the weather coming up. we'll talk about that coming up. >> he was racing over there because he got caught in a backup on the lower deck of the bay bridge. there's a lot of overnight roadwork over there. we just checked in with caltrans and four or five lanes are blocked on the lower deck eastbound 80 from the center anchorage to the metering lights. for roadwork on the upper deck, as well. it is a scary scenario. a bus running out of control through a city park. that's exactly what happened in san francisco's panhandle where the bus hit a car and pushed it across the park. it's unclear who caused