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tv   CBS Evening News  CBS  March 10, 2025 4:00pm-4:30pm PDT

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so for an example, with my bronzer, i would usually blend it like this and keep it on this upper part of my whole cheek. see how that's all warmed up? and with contour, i'm going to be a little bit more specific about how and where i blend it out. i don't want this to be over top my cheekbone. i want it to sit right underneath. once they're both blended out, looking head on, you can see this side has a lot more shadow. it has a lot more definition to my cheekbone. you can see separation here, whereas this one is still kind of the same shape but definitely a little bit warmer. [cheering] drew: as always, we make it for you, so take it with you. [cheering] [audio logo] [audio logo] [ringing] >> john: ask not for whom the bell tolls. >> maurice: it tolls for thee who owns stock. ♪ ♪ >> announcer: from cbs news headquarters in new york,
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this is the "cbs evening news." >> john: good evening. i'm john dickerson. >> maurice: i'm maurice dubois. >> john: most americans own stock either directly or through retirement accounts and those accounts took a beating today, as stock prices plunge. >> maurice: the dow at one point was down nearly 3% before recovering some and closing with a loss of just over 2%. >> john: the broader based s&p 500 fell nearly 3%, and the nasdaq, heavy with tech stocks, took a 4% nosedive. >> maurice: investors were dumping stock amid a world of worries including inflation, the president's refusal to rule out a recession, and his escalating trade war. cbs money watch correspondent kelly o'grady joins us. kelly, what's going on? >> it is one word: uncertainty. today's sell-off would've been eye-popping alone but it follows on a roller coaster ride last week as well.
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fears of a recession sparked a major sell-off in stocks following comments from president trump. in an interview with fox news, the president would not rule out the possibility of a recession but admitted this is a "period of transition." >> are you expecting a recession this year? >> i hate to predict things like that. >> the tech sector took it hardest. the magnificent 7 stocks, once the stars of the bull market lead declines as investors sold off in search of safer investments. elon musk's electric car company tesla had its worst day in four and a half years. the stock fell 50%. losses went beyond tech stocks into retail, communications, and the banking sector. while the white house did not take questions, they issued a statement setting apart the sell-off was a "strong diversions between short-term animal spirits of the market and what we're actually seeing unfold from businesses." >> john: and kelly o'grady joins us now. let's unpack the jargon from the white house. what are they saying about
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animal spirits and the regular business that's going on? >> sure, look, animal spirits. it's just an investor term. it's fancy for saying you're trading on vibes, not performance. but basically what the white house is saying is the market is not the economy. the truth is the data doesn't say we are in a recession yet. you'll talk to a lot of analysts and they say look, the tech stocks, they've been overbought. what you saw today was sort of a rebalancing. what investors also tell me is that consumer sentiment around what's happening can impact how they spend, and investors are worried that all this chaos is going to precipitate a world where businesses and consumers are sort of in an economic paralysis and they just spend less. >> maurice: very quickly, kelly, what are you expecting next? >> a lot of data and more inflation data, interest-rate decision, and more gdp data. that is important, maurice, because two quarters of negative gdp equals a recession and that's when we worry. >> john: all figures will have you back here to talk about. thank you.
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>> maurice: in the trade war, canada and china fired the latest shots today. the province of ontario put a 25% surcharge on electricity to michigan, minnesota, and new york. ed o'keefe will have more about that from ottawa. >> john: but first, china slapped an additional 15% import tax on american farm products including pork, poultry, beef, and soybeans. lana zak is in the heart of farm country: mount vernon, iowa. >> these are all beef cows. >> reporter: tim keegan calls himself a pretty basic iowa farmer. his family's been working the land in mount vernon, a few hours east of des moines, for generations. their livelihood comes from corn, soybeans, and a small herd of 150 cows. how high are the stakes for you? >> it's tough, because within agriculture, i mean, we essentially get one chance a year to raise a crop and market that crop and sell that crop. >> reporter: you don't have five different harvests? >> no, it's not like we are
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a factory where we can make widgets every day and we can make a change and they come out cheaper or different. we are forced to be a lot more forward thinking, the nature of our business. >> reporter: china is the largest overseas market for many u.s. farm products. last year, the u.s. exported nearly $13 billion worth of soybeans from farmers like keegan to china alone. another 1.5 billion in beef. import tariffs up to 15% from china are hitting cash crops. >> i think people within agriculture are hoping that some of this, these tariffs and stuff, will be short-term from a negotiation standpoint. if they are long-term, they will have some pretty big impacts within the industry. >> 41 years later, we are still here. >> reporter: but mount vernon's mayor thomas wieseler says even short-term tariffs could send shock waves through the economy. >> we need them to be successful on every level. we need a thriving agricultural community. otherwise there is a gap in what we can provide to our citizens here. it will ripple down through our main street, through our
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community, and it will affect local leadership. >> reporter: i'm ed o'keefe in ottawa. today canada's largest province, ontario, added a 25% tariff on the cost of electricity wired to about 1.5 million customers in minnesota, michigan, new york. >> believe me when i say i do not want to do this. >> reporter: ontario's premier doug ford repeating a message he first told cbs news last week. >> i feel terrible for the american people because it's not the american people who started this trade war. it's one person who is responsible. that's president trump. >> reporter: most canadian imports are facing a 25% tariff and president trump is threatening others, on canadian dairy and lumber, that could start next month. the on-again, off-again tariffs anger canada's new leader. >> these are dark days. dark days brought on by a country we can no longer trust. >> reporter: mark carney,
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a harvard-educated economist who once worked for goldman sachs, will succeed justin trudeau after a race that centered around trump's tariffs and threats to make canada the 51st state. >> the americans want our resources, our water, our land, our country. [booing] think about it. if they succeeded, they would destroy our way of life. >> reporter: francois-philippe champagne is canada's minister of industry. >> i think there's a better understanding from the american people that tariff on canada's is like attacks on americans. >> reporter: you've been involved in u.s.-canada relations. >> ten years. >> reporter: has it ever been this salty? >> never. it doesn't need to be that way. >> maurice: ed o'keefe joins us from ottawa. ed, what we expect the canadians to do in response? >> reporter: today the head of ontario didn't rule out potentially cutting off the electricity that he sends to minnesota, michigan, and new york if this continues. that obviously would be a big
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pain point. what we don't know is how the cost of this is going to be felt by american households. arguably the longer this goes on inevitably the price will be there and we'll see about other tariffs canadians might put in place, retaliating on the ones we are putting on them. >> john: ed, normally we see you from the white house. what is the white house saying about what people should think about these economic difficulties? >> reporter: in part, they are cleaning up the unclear message or the mixed message from the president over the weekend about whether or not he can definitively rule out a recession, which he could not. but they argue short-term stock market pain is designed to readjust the american economy for long-term gain felt more by the working class. so we should point out over the weekend, the tariffs got a big endorsement from former credit, head of the auto workers union, saying tariffs are a good thing because it's going to help boost american manufacturing. we'll see with the political pain looks like alongside the economic hurt many are feeling. >> maurice: we will. ed o'keefe, north of the border
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tonight in ottawa. >> john: some of the top stories from around the world. in washington, black lives matter plaza is being dismantled. the street mural dates back to the protest after the 2020 murder of george floyd. mayor muriel bowser agreed to remove it after republicans in congress threatened to withhold funding from the sitting. >> maurice: the gutting of usaid's is over. secretary state marco rubio says the 18% of foreign aid programs that survived will be absorbed by the state department. >> john: doctors say pope francis is no longer in imminent danger of death. the pope, who is 88, has been in the hospital for more than three weeks for treatment of pneumonia. >> maurice: and a fiery collision off the east coast of england today. a portuguese cargo ship carrying sodium cyanide hit a u.s. tanker loaded with military jet fuel. dozens had to be rescued. jet fuel has spilled into the sea. ian lee is at the scene for us. >> reporter: right now the
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coast guard is still battling fires on those ships just over the horizon. the company operating the u.s. flag, stena immaculate, says their crew is safe but the operator of the portuguese flag solong says one person is still missing. environmentalists worry that a mixture of jet fuel and ship oil and sodium cyanide in the water could have a deadly impact on wildlife. >> john: ian lee reporting. >> john: still ahead here on the "cbs evening news," lonnie quinn with a tornado warning tearing through a neighborhood near orlando. >> john: and we'll have these stories. >> reporter: i'm mark strassmann in boston. instead of going to the hospital, what if the hospital came to you? what's old is new again. house calls. why that approach works for the patient and the hospital, coming up on tonight's "eye on america." >> reporter: i'm holly williams at the superhuman center. they are rebuilding bodies here shattered by vladimir putin's invasion of ukraine. that's next on the "cbs evening news."
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and bacterial infection between the anus and genitals, both which may be fatal, severe allergic reactions, dehydration, urinary tract or genital yeast infections, and low blood sugar. stop taking and tell your doctor right away if you have nausea, vomiting, stomach pain, tiredness, rash, swelling, trouble breathing or swallowing. tell your doctor about lightheadedness, weakness, fever, pain, tenderness, redness or swelling between the anus and genitals. ask your doctor about farxiga today. ♪ far-xi-ga ♪ (♪♪) okay everyone, our mission is to provide complete, balanced nutrition for strength and energy. yay - woo hoo! ensure, with 27 vitamins and minerals, nutrients for immune health. and ensure complete with 30 grams of protein. (♪♪) ♪ ♪ >> john: u.s. and ukrainian officials hold talks in saudi arabia tomorrow on ending the 3-year-old war in ukraine.
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>> maurice: secretary of state marco rubio heading the u.s. delegation suggested ukraine will now have to agree to let russia keep some of the territory it seized. >> john: ukrainians have already paid a heavy price defending their freedom. holly williams is in lviv. >> reporter: vladimir putin's invasion of ukraine has ripped this country apart. in three years of war, its estimated 50,000 ukrainians have lost a limb, perhaps many more. andrii solomin was an infantry company commander. who lost both his legs to a russian drone last year and is still practicing on new prosthetics. he told us he volunteered to fight the same day russia invaded in 2022. you've made an enormous sacrifice for your country. was it worth it? >> yes. >> reporter: why? >> [speaking in a global
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language] >> reporter: "to be honest," he told us, "freedom is expensive." president trump says he wants to end the war in ukraine to stop ukrainians dying. do you believe him? "i'd like to but he reminds me of a show man," he told us. "his words rarely correlate with his actions." at the superhuman center in western ukraine, most of the patients are soldiers who fought to defend their country and paid with their flesh and blood. the center is partially funded by millions of dollars in private donations from the u.s. and used to receive money from usaid until that was cut by president trump. they told us they are grateful for all of it. we first met denys keivenko nearly two years ago just after he lost both legs and an arm to a russian antitank rocket. now fitted with high-tech
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prosthetics, he's training to be a psychologist. if russia agrees to a cease-fire deal, do you trust vladimir putin to stick to his word? >> [speaking in a global language] >> reporter: "of course not," he told us. "he will build up his forces and attack again." ukraine's recent history, invaded and reinvaded by russia, may be a warning to anyone trying to negotiate with vladimir putin. >> maurice: and holly williams joins us now from lviv. you've been there many times since the war began years ago, most recently in january, what changes are you noticing? >> reporter: there's been anxiety here for months about what president trump might do but many ukrainians feel as if their world has been turned upside down. not only has the u.s. suspended the delivery of military aid, president trump called their elected president a dictator and gave him a very public dressing down at the white house. >> john: holly, tomorrow zelenskyy is in saudi arabia for talks with the u.s.
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what are ukrainians hoping to get out of those conversations? stressed over the weekend that his country has always wanted peace. they never wanted the invasion in the first place. but going forward, ukraine doesn't want to be pressured into a cease-fire deal that rewards vladimir putin with territory and then allows him to invade all over again in a few years' time, because that has happened before, and to stop it happening again, ukraine wants security guarantees including from the u.s. >> maurice: holly williams in lviv tonight. thanks so much. >> john: an ef2 tornado touched down in central florida near orlando. it was on the ground 5 minutes. >> maurice: one house collapsed, several others were damaged but there were no reports of death or injury. lonnie quinn, are we looking at more tornadoes this week? >> maurice, there is a risk for tornadoes. i'm going to talk about all sorts of events all related to one system. it's the latest atmospheric river that's flowing into california. tonight into tomorrow,
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los angeles could pick up about half an inch of rain, not going to cause too many problems but boy, does that system blow up as you get into thursday. a lot of rain, flooding could be a problem for los angeles and also the mountains pick up huge snow. three, four, may be up 6 feet of snow which will really help the drought in california. that line pushes into texas and oklahoma. thursday, friday, saturday, big fire risk. dry conditions. they are not getting rain, only wind. could be 70 miles an hour. the tornado risk from louisiana to iowa. saturday in the tennessee valley. the one story i want to leave you with for today, we all know wintertime people had to miami to find warmth. miami, hottest spot in the country, 89 degrees. second warmest spot, nebraska at 84. gentlemen, it's all yours. >> john: wacky. lonnie quinn, thank you. >> maurice: they are caught in the middle of the battle of the federal budget. >> john: how a government shutdown could affect people who
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>> john: if congress cannot agree on a spending bill by friday and the government is forced to shut down, he could have an impact on health care programs that benefit tens of thousands of people. the programs allow patients to get the medical treatment they need at home rather than in the hospital, but they rely on reimbursements from medicare and medicaid which could be disrupted. mark strassmann has tonight's "eye on america." >> reporter: what's old is new again in boston health care. housecalls by nurse paramedic ben coburn. we tagged along as he treated james edwards, a 57-year-old patient with congestive heart failure, encouraged by the hospital to recover at home from shortness of breath.
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>> i've seen the nurse twice a day every day that i've been out of the hospital. >> reporter: you have monitoring equipment? >> yes. >> reporter: if there was an issue, they would hear about it at the hospital? coburn goes house to house, patient to patient, part of a medical mobile program growing nationally to treat patients at home. medicare, medicaid, and some private insurance carriers pay for it. nationally there are more than 380 approved hospital at home programs in 39 states. in overcrowded hospitals, those programs can help free up needed beds, a chronic issue in facilities such as mass general brigham. >> the whole idea of home hospital is that you're making patient the center of care. >> reporter: why go to the hospital when the hospital can come to you? >> basically yeah. >> reporter: when you first started, was it a hard sell? dr. stephen dorner sees over the program. the care is voluntary and the program treated nearly 3,000 patients last year.
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patient outcomes are at least as good? >> they're better. lower 30-day readmissions, lower rates of complications, lower rates of mortality. >> i'm glad that you're feeling so much better. >> reporter: why is that? personal care in a familiar setting. a mind-body connection. dr. lauren doctorov is treating frank storace for a urinary tract infection. >> if you're feeling more comfortable and less anxious and you're sleeping better, you're going to recover faster and better. >> reporter: the number one goal is to get better. >> absolutely. >> reporter: have you? >> yes. probably better now than i was 20 years ago. >> reporter: critics such as national nurses united, america's largest union for registered nurses, raised concerns about continuity and quality of care and cost. but if congress lets medicare and medicaid payments for the program lapse, dorner says patient care could suffer. >> it's a critical part of the answer to overcrowding. >> we would much rather meet
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patients where they are in their homes than in the hallways of the emergency department. we know it's not the best way to receive care. >> reporter: james edwards spent eight days recovering at home rather than in a hospital bed. >> i have my dog here. i have my friends, and i have the nursing staff that comes over and sees me. >> reporter: the best of both worlds. hospital care in 2025. it can be a homecoming. for "eye on america," mark strassmann in boston. >> john: in tomorrow's "eye on america," we take you to missoula, montana, where a special lab is doing cutting-edge research into mega fires. what is learned there could save lives and property. and it ain't over tonight until maurice and i tell you about yogi berra's roommate. that's next. >> announcer: this portion of the "cbs evening news" is sponsored by airsupra. visit us at airsupra.com. airsu.
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i stopped hanging out with the guys because i didn't want to hear the wise cracks. i started taking nutrafol because i had seen that it worked with my friend. nutrafol really takes the time to do the research, to do the clinical studies, and i really respect how it works from the inside out. nutrafol was able to bring my hair back to life and it keeps getting thicker and fuller. it felt real good to ditch the hat. hair growth starts from the inside at nutrafol.com. >> maurice: finally here tonight we note the passing of art schallock, former pitcher for the new york yankees until his death last week at the age of 100, the oldest surviving major leaguer. >> john: schallock, a decorated world war ii vet, was a one-time roommate of yankee catcher yogi berra. despite berra's penchant for malaprops, schallock says he was sharp as a tack, able to brief schallock on every header in the league.
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>> maurice: schallock returned the favor by making daily trips to the newsstand. >> john: with schallock's death, the oldest surviving major leader is 100-year-old bill greason who played for the birmingham black barons of the negro leagues and the st. louis cardinals >> all-time record for baseball longevity is held by silas simmons who played in pre-negro league days and lived until 111. >> john: which brings to mind a yogi-is. "i always thought that record would stand until it was broken." >> maurice: and now it's over, the cbs evening news. i'm maurice dubois. >> john: i'm john dickerson. see you on "cbs evening news plus" streaming on "cbs news" 24/7. >> maurice: have a great night. we'll see you tomorrow.
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♪ ♪ >> john:

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