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tv   CBS Morning News  CBS  May 21, 2010 4:00am-4:30am EDT

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financial overhaul. democrats pick up four republican votes to push wall street banking reform through the senate. oil spill. just keeps getting worse. more oil from the gusher in the gulf washes up on louisiana beaches. and doping denial. lance armstrong said it before and says it again in the face of new accusations. he didn't use drugs. this is the "cbs morning news" he didn't use drugs. this is the "cbs morning news" for friday, may 21st, 2010. captioning funded by cbs good morning. i'm emily smith in for michelle gielan. wall street reform is a big step closer to reality this morning. late last night, the senate approved a major financial overhaul bill and a victory for president obama just two months after he signed health care reform into law.
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the vote was 59-39, including four republicans, for a measure that includes reform of wall street and new rules and protections for home buyers and consumers. the senate bill gives the government more oversight of the biggest u.s. banks, imposes new trading regulations on complex derivative investments, requires home buyers to prove they can pay their mortgages, and establishes a consumer protection bureau to prevent abuse by lenders. connecticut senator christopher dodd appraised the sweeping nature of the reform. >> any one of these major sections of the bill could stand almost as a piece of landmark legislation in and of themselves. whether dealing with consumer protection, too big to fail concept, dealing with the look across the horizon at events that could put our nation at economic risk. >> the senate bill plus now be reconciled with the house versi version. con congressman predicts final passage by july 4th. stockses overseas followed
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wall street's big plunge thursday. ashley morrison is here with that and more. >> reporter: good morning. well, a big selloff for stock markets in asia. the nikkei posted its biggest weekly drop in more than a year today losing nearly 2.5%. wall street today will try to recover from yesterday's big plunge. the dow fell 376 points. the nasdaq lost 94. the financial crisis in europe has investors worried about a new shakeup to the global economy. investors also reacted to disappointing employment news.labor department reported the number of people filing weekly jobless claims unexpectedly rose last week by the largest amount in three months. in washington, a new bill that's expected to pass next week could extend unemployment benefits for up to 99 weeks in many states. the bill would also extend almost 50 tax cuts that expired in january. the pill which could cost as much as $200 billion will be funded in part by tax increases on investment firms. and some u.s. based
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multinational companies. the bill would also increase taxes on oil companies by nearly $11 billion over the next decade. in response to yesterday's stock market plunge, treasury secretary timothy geithner and federal reserve chairman ben bernanke will meet with finance officials in both brirt continue and germany next week to discuss ways to restore global confidence in the economy. geithner's trip to europe will come after he and secretary of state hillary clinton meet with chinese officials in beijing on several economic and foreign policy issues. and just a lot of people are very concerned today with regards to what's going to happen to the global economy as well as what's going to happen today on wall street. >> absolutely. we'll all be waiting for that. ashley morrison here in new york. thank you. now to the oil spill in the gulf of mexico. the vast oil slick from the shattered well on the seabed has coated miles of the mississippi river delta with thick red sludge and it's only into to go get worse until the league is plugged. tara mergener is in washington with more.
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good morning, tara. >> reporter: good morning. well, a month after the disaster, there is still no fix. a live video was posted online yesterday and the picture isn't pretty. bp has until today to come up with a safer way to break up the massive oil spill in the gulf of mexico. the epa ordered them to switch to less toxic chemicals thursday because of environmental concerns. so far bp has used more than 650,000 gallons of the dispersa dispersants. >> to use the least toxic of those makes the most sense. >> reporter: bp now admits the blown out oil well is spewing more than the 20 2 10,000 gallon as day previously estimated. in fact, some scientists think the number could be as high as 3 million. the oil giant released a live video of the leak for the first time thursday, but only after repeated requests by congress. >> it's clear that they have been hiding the actual consequences of this spill.
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>> reporter: the white house is also turning up the pressure. administration officials want bp to share additional information about the spill, including the measurements of the size of the leak. >> we are asking for them to provide the data, put it on a website, update that website daily. >> it's devastating. it's heartbreaking. >> reporter: for residents in southern louisiana, all they can do is watch as thick blankets of oil creep on to shore. bp insists a mile long tube is capturing some of the oil and the company's gearing up for its next possible fix set to take place this weekend. it involves pumping heavy mud into the well to plug it up and officials hope it will do the trick. now, if that doesn't work, there is a backup plan which is a junk shot and that means shooting golf ball, rope and other debris into the leak to clog it. emily, back to you. >> it is heartbreaking. tara mergener in washington.
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thank you. the obama administration's intelligence director, dennis blair, is resigning. blair, a resigned navy admiral, was criticized after failing to prevent the attempted jetliner bombing on christmas day. sources say he learned at the white house yesterday he no longer has the president's confidence. now to iran where the mothers of those three american hikers are remaining in hopes they can convince the tehran are a real to free their children from prison. they enjoed a reunion yesterday. >> reporter: proof at last that after 9 1/2 months wait, their children are at live and apparently well. iranian state fwigs filmed the emotion al reunion no broadcasts around the world. this visit was always going to be a public spectacle. and the mothers, aware of the stakes, stayed firmly on message. >> gratitude is the biggest word. gratitude to the iranian authorities, for allowing us to
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come and visit our children. >> reporter: at a press conference, the young american hikers brought from their cells to a luxury hotel spoke about their imprisonment. >> our treatment is decent. it's really difficult being alone. shane and josh are in the room together, but i'm alone. that's the most difficult thing it for me. >> reporter: say have a voud along with shane and josh were hiking last july near an iraqi water fall close to the border with iran. iranian border guards arrested them saying they'd crossed the line. but it's a charge they deny. so far no court date has been set to hear the evidence. >> we try to stay out of the politics of this because for us we're just mothers and we just miss our children like any mother would anywhere in the world. >> reporter: but there's no way around it. about the u.s. pushing for harsh sanctions against iran for its nuclear program, the three americans appear to be political pawns on the world stage. elizabeth palmer, cbs news.
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back in this country, the fiercely competitive world of professional cycling is being shaken again by accusations of doping aimed at lance armstrong. and disgraceded tour defrance winner floyd landis is the accus accuser. sandra hus has more on that from los angeles. >> reporter: after crashing on the tour decal cal, lance armstrong got back on his bike. but his injuries finally forced him to quit just hour z after he vehemently denied the latest allegations of doping. the accusations against armstrong, who has won the tour defrance seven times, came in e-mails from floyd landis. landis, who won the tour de france in 2006 tested positive for performance enhancing drugs and was tripped of his victory. he spent four years fighting the allegations. >> did your testosterone at all? >> no. >> reporter: then he abc bankruptcily put the brakes on his defense. landis, according to the "wall street journal," sent e-mails to u.s. and world cycling officials
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admitting to using the blood booster epo to mchis endurerous, tess to ter robe and human growth hormone. he also claims that he and armstrong talked about getting blood transfusions to flush out evidence of drugs. >> i think it's disgusting for coming out now. >> reporter: the president of the international cycling union says the accusations do not taint lance armstrong's victories or career. the questions about doping have dogged the cycling world and sarm armstrong for years. in 1999, he tested positive for a banned substance, but got a doctor's note to excuse the use. >> it's his word versus ours. we like our word. >> reporter: landis is reportedly working with the u.s. anti-doping agency and claims he only wants to clear his kons shens. sandra hughes, krbls new, ladies and gentlemen before. just ahead on the "morning news," a threats thing e-mail ground as jet blue pilot. plus, cell success. scientists produce a living cell
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that could lead to a myriad of innovati innovations. it's a piece of medical equipment decadeses in the making. how some patients are moving to a whole new beat thanks to this heartfelt technological break through. that's tonight only on "the cbs evening news." [ all shouting ] guys. can i help you? i'm sandy and i heard you've been struggling with the quilt. i'm here to take you through my 1-step program to break the quilted habit. but i've always used quilted towels. quilted is towel speak for air. but viva puts 35% more towel
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red flag warnings are up in parts of southern california today as crews work to contain an 800 acre wildfire southeast of los angeles. that fire is about 50% contained, but strong gusty winds could raise fire danger in dry mountain an tez earth areas. in boston, a jet blue pilot is in big trouble this morning after threatening to crash the plane he was about to take off in. the pilot who has not been identified was taken into custody at logan airport. authorities reportedly found an e-mail on his phone warning his girlfriend he'd crash the plane if they didn't reconcile their
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relationship. the pilot was questioned pie the fbi and taken to boston hospital for psychiatric evaluation. an amazing scientific breakthrough. researchers say they've created the first ever synthetic life form. they hope it it will create life saving medicines and new forms of energy, but the development is not without controversy. randall pinkston reports. >> reporter: scientists say they have created life with a computer. they've made a cell powered by manmade dna. >> this is the first self-replicating species that we've had on the planet whose parent is a computer p. >> reporter: researchers designed the dna and assembled it with a machine. it was then transplanted into a cell and grew. >> because it's a giant philosophical change in how we view life. >> reporter: it's the brainchild of venter. he was one of the first people to decode him human genome. now his companies are working with big business to apply this new technology. right now the potential seems
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limitless. scientists believe manmade cells can be programmed to do everything from cleaning polluted water to powering your car. exxon has paid venter's company to create a synthetic algae that can be turned in to fuel. his team is also trying to design cells that can speed up vaccine production. venter even hopes one day to create new treatments and cures. >> wouldn't it be nice to have something to actually block common colds? >> reporter: influence concern this is could be dangerous and used to create new types of biological weapons. . >> it would be possible for someone to use this new technology to synthesize a pathogen. >> reporter: researchers can't predict the full impact of this manmade dna, but they hope it will change the way we live. randall pinkston, cbs news, new york. straight ahead, your friday morning weather. and in sports, grand slam homers don't get any closer than this. atlanta's amazing comeback when we come back.
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or suicidal thoughts or actions. tell your doctor right away if you have these, new or worsening depression, or unusual changes in mood or behavior or any swelling or affected breathing or skin or changes in eyesight, including blurry vision, or muscle pain with fever or tired feeling. common side effects are dizziness, sleepiness, weight gain, and swelling of hands, legs, and feet. don't drink alcohol while taking lyrica. don't drive or use machinery until you know how lyrica affects you. i found answers about fibromyalgia. then i found lyrica. ask your doctor about lyrica today. . here's a look at the weather in some cities around the country. new york, sunny, 82. miami, mostly sunny, 88. chicago, rain, 68. denver, mostly sunny, 79. and los angeles, cloudy, 77. time now for a check on the national forecast. the latest satellite picture shows the midwest is cloudy and rainy. the southeast and northwest have
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cloud cover. the southwest and texas are clear. and the northeast is clear, too. later today, the northeast is gorgeous again. the plains could see some severe weather. the midwest as well as the tennessee and ohio river valleys are stormy. the northwest continues to see rain, mountain elevations of the northwest and western rockies will see snow and high heat takes over in the southwest. in sports, a huge comeback win for the atlanta braves. in the second inning, the visiting reds joey vat toe hit a grand slam homer, at one point the reds led 8-0 and it was 9-3 into the bottom of the ninth. but atlanta scored two on a single, another on a reds error and capped it with a walkoff grand slam tipped by the center fielder's glove. that shocked everyone, includes pinch hinter brooks conrad. the final braves 10, reds 9. new to houston where the three run bomb in the first plus
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a plenty. jimenez held the astros to one hit for a 4-0 victory becoming the season's first eight game winner. in the american league, toronto at seattle, the mariners josh barred hit a sacrifice fly in the ninth to tie it and ken griffey jr. came off the bench to smack a single for a 4-3 walkoff win. and in boston, kevin youkilis hit a three run homer in the third and later and he woulded an rb chlt double. an jon lester struck out nine in a complete game red sox win over the twins 6-2. when we return, another look at this morning's top stories. and newly minted tea tea party star rand paul in the middle of a firestorm over controversial comments. (woman) dear cat.
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i think you might have hooked it up wrong, though. yea, we're getting way too many channels. no, no. that's -- that's standard. fios also comes with 11,000 free movies and shows on demand per month. ah, standard. gotcha. a certain somebody says "thank you." tell him "he's welcome," but it's still standard. he's happy to be back with his friends. is he? [ male announcer ] call now and get fios tv, internet, and phone for just $99.99 a month guaranteed for two years! this is beyond cable. this is fios. call the verizon center for customers with disabilities at 800-974-6006 tty/v. on the "cbs morning news," here's a look at today's weather. the midwest will see some
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storms. the plains will also be stormy. the southwest will bake as the heat indices rise. it will rain in the northwest and another beautiful day in the northeast. here's another look at this morning's top stories. the senate has passed a sweeping wall street reform bill that also includes new rules and protections for american consumers and home buyers. it must now be reconcileded with the house version. and with oil now clogging beaches and wetlands in the mississippi delta, the government is demanding bp find a less toxic way to break up the still growing slick in the gulf of mexico. fresh from his victory in kentucky's republican senate primary, rand paul is in hot water. paul is trying to contain political damage after suggesting that private businesses should be allowed to deny service to african-americans. later paul said he would have voted for the civil rights act of 1964. next can president felipe
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calderon has chimed in on the arizona's new immigration law. he said while immigration reform is crucial, he strongly disagrees with the arizona law which he says uses racial profiling. and actress lindsay lohan narrowly avoided arrest thursday after failing to show up for a court hearing. lohan was due in los angeles for a probation hearing from 2007 drug and alcohol arrests. aparrest warrant was withdrawn after lohan's lawyer insisted she was delayed because her passport was stolen at the cannes film festival. this morning on "the early show," we have actor ashton kutch kutcher. i'm emily smith and this is the "cbs morning news." it's rainy out there.
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good morning. i'm andrea roane. here's some stories we are following this morning. the senate passed a sweeping financial overhaul bill. the legislation aimed at preventing another financial meltdown has now merged with the house version. a key negotiator predicts it will reach president obama's desk by the 4th of july. the government is directing bp
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to use a less toxic form of chemical disperse to break up the oil in the gulf of mexico. bp admitted the well is leaking more than the 210,000-gallons a day previously estimated. a live feed shows the oil leak spilling despite capturing thousands of gallons daily. >> it is bike to work day. >> it is a little dark outside to do biking when we have these hours. we are rounding out the week in great fashion. a lot of clouds around much of the week. the rain to start things out. this is what you want the weather to be like this time of the year. dew point 54. we want to show you the satellite and radar together. in store for sunshine but a few clouds moving in. rain and thunderstorms well off to the west. we will bring a chance of rain in later. i'll talk about that but we will be in for a gorgeous end to the week and it's not bad. a little humid might be the
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only thing we can say for today. >> all right. what can you say. >> construction, construction. does the story ever change? not really. but it is friday and that's something to look forward to. on the inner loop in virginia that's where we have construction approaching the mixing bowl. follow the detour on to 395. this will be out there another half hour or so and construction at gallows road and 66. 395, smooth sailing. no problems from 95 to the 14th street bridge and maryland, the outer loop is at speed. now days it is hardly a shock to hear an nfl player is using performance-enhancing drugs. so perhaps it didn't surprise you to hear a redskin was involved in an hgh controversy but the player which has been caught in the scandal has taken many fans off guard.
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>> reporter: as mike shanahan prepared for a speaking engagement, news of moss' involvement with the doctor was just breaking. >> we will have to wait and see. >> reporter: his attorney says the drugs were intended strictly for injuries not performance enhancement. shanahan says he won't rush to judgment. >> as we talked about before, let's not think a guy is guilty just because his name has been thrown. >> reporter: the team completed the third ota session yesterday so it was mostly quiet at redskins park today but some players were working out and we were able to catch up with one. >> he was probably using it for other things. i know santana. he is a straightforward guy and i don't think he would do something like that. >> reporter: moss has been working his way back from surgery on his left knee and refused to talk about anything other than football during his
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workout. shanahan said he will talk to the wide receiver when the time is right but if he is involved. >> if somebody is guilty of somebody they pay the price and let due process take care of itself. >> reporter: dave owens, 9 news now. this is 9 news now. good morning. welcome to 9 news now. it is friday, may 21st. i'm andrea roane. devon lucie is in for howard bernstein. he will have the weather in a just a minute. angie will have the traffic but we want to start with devon because bikers are getting ready to head out on this national bike to work day. >> losing all chances of rain for the forecast. a beautiful day. even going to be the shorts and t-shirt weather by the afternoon and mid-morning. let's look at where we currently stand with our temperatures where you are. mid to upper 50s to lower 60s. officially reading at 62 at dca and looking at temperatures a little farther outside

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