alison, thank you very much. facebook stock offering is more hype actually than history, and perhaps it's being reflected in trading so far today. want to bring in ali velshi. ali, some of this frenzy that all the hype seems to be fizzling a little bit. do we know why? >> so alison was saying that it's possible that the underwriter, morgan stanley, couldn't find enough buyers. remember, there's always a buyer at some price, right? enough buyers at the price they wanted. christine romans has been pointing out that this thing was priced -- there was a $28 to $35 range and then facebook upped it to $35 to $38 and they came out at the high end of the range which many people have said unlike google when it first came out, this is priced to perfection, which means this is priced so that facebook will perform at the rate of growth it's had for some years out and there have been criticisms that maybe it can't do that, specifically, fred, because of the move toward mobile devices. every time i put this up on tv i get twee

alison kosik haa some easy your informatiin is compromised.ly 1.5-million credit e - carddnumbers fom a major payment processor. portunately, the thieves pidn't get any cardholder security numbers .but one thing is almost certain: there will be other bbeaches.here are some ways to protect yourself if hackers get holdd of your information.we spoke to lynette khalfann-cox, a personal financeeexpert and &pauthorrof "perfecttcreddt"... and sse says the first thing you should do is contact each experiann equiiax and reporting &ptrans-union.theyy an put frau alerts n your credit reportt so no one else can open accounts or take out loans in yyur ame.next -- you should file aapolice rport.this is a theft, and i's erious one, so the police need to know about it.and that police report will serve as proof for come up.also -- consider a &pcredit monitooing ssrvice -- at least for the next few months or ayearryour bank $11--ucks aamonth.and besides actively monitooing your credit reports 24-7 -- t'll &pgive you piece of mind hat your finances are protected

and if you're one of them, alison kosik has some your wook day. 3 --reporter pkg-as follows -- chances you're one f the dissatisfied at work. we'd e all like more money or a betterrtitle, but havvng a job puts food n the table... and there are still more than 12 million amerrcans out of work, who'd love to havv your position.so while many workers aren't happy -- 70% are so you better make the most of - it.money maaazine came up with some easy tips to help you get bacc your spark... first -- advance the biggest ball.if you feel like you're treading water with all of the taskssin front of you - decide what's most important and get it done. &pthe most satisfaction after completing meaningful ppojjcts. next -- own your peesonal growth.to make it to the nnxt level -- you're going to need better skills.so try and design projects that help you get that experiencc, and use it to yoor advantage in the future.also -- create a so- &pcalled "politics ree" zone. negativity is contagious in the workplace, o try and bring annuppeat attitudeeto yoor team.and finally -- use these days, a lot of employe

as alison kosik explains... verizon is making ccanges to going to cost you.orter pkg-aa follows --still using to power your smarrppone?well, your data mighh be running out. verizon wireless is gettingg &prii of unlimited plans.last summer-- the company stopped offering unlimited data to wireless conference-- verizon's c-f-o announced plans to ditch unlimited data entirely. that means beginning this summee, when unlimited data plans go to upggade their phones, they will be forced into a "tiered daaa plan."sprint is now the pnly national carrier with to offerran unlimited plan.the major wireless companies are scrambling to generate more revenue because their costs are rising .for example-- verizon is moving to a 4-g petwork to keeppup with demand. the upgrade will make phones faster-- but it also costs more money.so verizon is turning to its customers tt help pay for it. but don't just yet-- there may be annup- side..ou'll be able to share yyur ata allowance with -fami differenn evices.so if you have a phone and a tablet-- youucan put them both on one plan.no p

alison kosik is at the nasdaq market site where the buzz is building. hi, alison. >> yes. consider this the super bowl of market events. facebook will open up its shares to the public for the public to buy today. in the next couple of hours. there's been a lot of hype with this. the question is will facebook live up to the hype? i'm going to talk about all of this in a bit with you. >> can't wait. thank you. we want to get right to this big break in mississippi. police have now arrested a suspect in the killing of two motorists both alongside desolate stretches of highway. authorities warned shooter could be posing as a cop. ed lavandera is in dallas. ed, what was the key break in the investigation and who is the suspect? >> reporter: well, according to mississippi authorities, tuesday authorities in the northwest corner of mississippi south of memphis, tennessee, get a call of a disturbance in an apartment. when they get there, they find a woman who is alleging she's been raped by a 28-year-old man by the name of james willie. as investigators are handling that scene and

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alison, we talked about the shareholders.i mean do we even know if our money is safe? >> right now it really should not have any effect on jpmorgan's retail operations meaning the bank account and chase for example, look, this is a big loss for jpmorgan financially and for its reputation. but it should be able to absorb at least the financial part. but i think the bigger part of this is the bank really is not to build up customers' confidence and even bigger impact you may see if you are invested in the financial sector, if you let's say have a 401(k) that has some of thefs banks like jpmorgan chase, bank of america, these banks, these stocks have been hit hard. you look at jpmorgan shares, shares have plunged 12% between friday and yesterday, so this is an interesting turn of events for financials because they had been one of the best this year but may be under pressure, there are going to be stronger calls for tougher regulation. >> what do we think the feeling is on wall street? you've got big headlines. $2 billion loss. i

alison, let me get to you first of all.t is it going to take for the individual investors, the moms and pops and retail guys? what are they waiting for? >> i think they need to see a continuation of a good market environment, not very much volatility. volatility speaks to risk and reminds people that they can suffer from pretty dramatic losses which they did in 2008 and i think people need to feel better about what is going on economically and politically. >> do you think this has to do with people not relying on their house as a nest egg? they could use their house as an atm and put their money in stocks or whatever they wanted to. they cannot do that anymore. >> in the past, in 1987 and in the past when we've had market corrections, the market came back. the market came back but not in the same degree. there were other assets that they owned that continued to appreciate and i think americans no longer feel that their home is an appreciating asset. at the same time, they are worried about their nest egg and retirement savi

alison burns reports, congress and federal regular raters are investigating. alison? >> reporter: there is more fallout had morning here on capitol hill. two congressional committees now say they are examining facebook's ipo, congressional staffers seem to be in the initial gathering page. morgan stanley gave information to favored clients about facebook's financial information. richard bloomenthal said this morning that congress needs to -- needs to make sure the ipo process is more transparent and works force everyone, not just insiders. >> there may be a need to change the law so that the playing field really is fair and balanced and everybody gets the same information at the same time. >> reporter: several lawsuits were filed yesterday against facebook and the banks involved. the companies insist they did noththing illegal. reporting live from washington, d.c., aim -- alison burns, ktvu channel 2 news. >>> 7:17. there's more possible fallout. there is a report that facebook is in talks with the new york stock exchange to have its stock lifted there -- listed there

. >> brian and alison a michigan couple went a little above and beyond.y gave something beyond something little. this was shot at field it stone winery. brian and alison gave each guest a bottle of wine they bottled with a label that they designed and created specifically for their guests. >> oh, that's pretty cool. >> was it a nice rose? >> they had a red, a white, and a white merlot, which is like a rose. >> they even corked the bottle and made this a really interesting, fun treat for all the people who came and experienced their special day with them. >> right. >> how were they able to do this? did they call up awe winery that allows people to do this? >> apparently fieldstone winery made the wine for them over the course of a few months. then in the video, they're the ones who are actually putting the wine in the bottles. >> this is a good idea. a lot of times the wedding favor is like something stupid, coasters or like a picture frame. this, at least it's something that i and many others would indulge in and enjoy. >> that is a really, really clever

alison singer knows this difficulty firsthand. she is the parent of an autistic daughter, jodi, also co-founder and president of the autism science foundation. she joins me this evening to talk about her experience. also joining me tonight a remarkable group of scientist gerald fischbach is the scientific director of the simons foundation, uta frith of cognitive development at the university of college, london institute's cognite neoscience. matthew state is the donald j cohen professor of child psychiatry, psychiatry and genetics at the yale school of medicine. and once again my cohost is dr. eric kandel, a nobel laureate, professor at columbia university and howard hughes medical investigator. >> autism is a developmental disorder that manifests itself as a disturbance in social interaction. people with autism don't o appreciate that other people have minds of their own. so they find it very difficult to put themselves in another person's position to reali thehave their own aspirations, their own ambitions, their own ideas about

there was definitely something up with the trading, as alison said, at nasdaq. you know, for us old-timers, that didn't used to happen. >> no, there's no question about it. thank you for including me in that group of old timers. that was really sweet of you, ali. but what was fascinating was to be here on the floor of the stock exchange and to watch what was going on on friday and see the traders literally huddled around their the terminals, watching that penny point move. and you could see it that the action was in there. as we've talked about, underwriters come in to make sure that that stock didn't go below $38 a share. that was their job. that's what they were supposed to do. and they did it effectively. day traders were coming into this stock and hammering it and pushing it. there was a lot of short covering at the end of the day, which is it's interesting to the see so much activity in facebook stock and its first day. get a load of this. 567 million shares traded on this first day. only 421 were offered. compare that to 1.1 billion shares that traded on t

alison burns. >>> it's day four of jury deliberations in the john edwards' trial.y are considering six felony charges. the jury ended its third day of deliberations late yesterday making little progress in reaching a verdict. edwards' is accused of soliciting money from wealthy donors to conceal his mistress and love child during his 2008 presidential bid for the white house. >>> prosecutors plan to wrap up their case by the end of the week or early next week. the defense says it will need 7- 8 days to present its case. time is running out in the trial. the judge says if it does not end by june 8th he may have to recess for an entire month due to scheduling conflict. >>> fire investigators investigating a house fire in clayton that sent three people to the hospital. this one started around 6:00 last night in the home of the 6800 block of four oaks lane. a couple and their adult son had to be rushed to the hospital. >>> it could be less crowded when you walk or bike across the golden gate bridge today. the sidewalk on the west side of the bridge is scheduled to reop

alison kosik live at the crazy nok stock exchange. go figure. >>> a geek alert.a commercial spacecraft has linked to the international space station. the brdragon capsule, i've hear heard that there may actually be underwear onboard for the astronauts onboard the international space station. and you are ourive a -- our aviation correspondent. >> i'm going to side step that saying they have a lot of supplies including some personal things. there's a bunch of stuff, cargo heading up to the international space station. but this is an historical flight. first cargo flight by a private company. it's founded by a billionaire, head of tesla motors. there were tear cheers, not like the ones behind alison, but chaers out in california when the capsule was grabbed by the robotic arm of the international space station today and did that birthing move. got hooked up to the space station itself. they'll probably open up the door and start removing the cargo tomorrow. >>> speaking oof awesome hook-ups a sea of yuuniforms in new york city. who better to report on this than rich

alison?porter: tori, republican presidential candidate mitt romney says president obama should take a more aggressive stand and help arm syrian rebels. united nations observers say 13 more bodies were discovered today, bound and shot. world leaders are grappling with how to deal with syrian president, bashar assad, after the massacre in houla. mostly women and children were killed at the hands of pro- assad forces. u.s. and a dozen other countries have expelled syrian diplomats. now the u.s. is tightening economic sanctions but there are no plans for an intervention. >> there's concern that further militarization could lead to more chaos. >> reporter: republicans are divined about how to deal with it. the united states security council meets again today. alison burns, ktvu channel 2 news. >>> 8:16. a disney cruise ship helped rescue four cuban men spotted 0 -- spotted on a raft spotted -- on a raft spotted near florida. they gave them food and water. and now the coast guard is working to help

alison burns. >>> 6:16. northern italy thousands of people slept outside in their cars or in tent camps after a deadly earthquake there. aftershocks continued overnight following sunday's magnitude 6.0 quake that killed seven people. today crews are inspecting buildings, schools, and homes that were left weakened. many historic buildings were destroyed. it may take days to add up all the damage. >>> three climbers are dead. two others still missing after climbing mount everest over the weekend. the climbers were descending from the summit on saturday. they were believed to have died from exhaustion and altitude sickness. the weather start well but a sudden wind storm hit the mountain as they were coming down. >>> in vallejo a man was shot and wounded yesterday as he was pumping gas at a gas station. it happened at the bond fair market gas station on sacramento. that sacramento street. the 27-year-old victim told police he never heard the gunfire. that is according to the times hearld. a friend drove him to t

the nato summit wraps up today and alison burns reports world leaders are charting the plan to get out of the war in afghanistan. alison. >> reporter: pam, the news out of the summit today will be formal endorsement of a plan to hand over combat operations to afghan forces by the middle of next year. now this is a look at sot- called class photo of the 60 nato leaders at chicago's soldier field. they have agreed on a plan to end the war by 2014. france says it's pulling troops out early. president obama assured the president of afghanistan in a private meeting afghans would not be abandoned. >> we still have a lot of work today and there will be great challenges ahead but we are confident we are on the right track. >> afghanistan indeed, mr. president, as you have very accurately put it is looking forward to an end to this war. >> reporter: during that meeting karzai thanked americans for your taxpayer money and said he looked forward to the day when afghanistan is no longer a burden on the international community. the warning from the top u.s. commander in afghanistan sat the nato sum

alison burns ktvu channel 2 news. >>> time now 5:15. jp morgan chase ceo jamie dime has agreed -- diamond has agreed to testify. we are not sure when he will go before the senate banking committee. but diamond's appearance will follow a set of hearings on the bank's trade and efforts to implement wall street reforms. those hearings are scheduled to end on june 6th. >>> a little warning for you on the story. a teenager in michigan got a big surprise when he stopped off at an air byes for a sandwich. he found part of a finger. pieces of finger got into the teenagers meal. arabis apologized and promises a full investigation. >> we have to do more research and investigation on how that happen. >> i think they will be doing more investigation. the michigan health department has allowed the restaurant to reopen after talking to workers and conducting an inspection. >>> berkeley city leaders have hired a communications company to review the media policies. that is after meehan sent a officer to a reporters home. >>> time is 5:17. bart police a

allison co alison kosik is in new york and i hope this is a sign it is on the mend. >> we just hope itticks. the housing sector, brooke, actually make up a huge part of the economy and we are not going to see a full, sustainable recovery until the housing act gets it together. there are signs the tide is turning for housing. existing home sales showing they hit a two-year high in april and these sale numbers are really important because they make up the big bulk of the housing market. we're also learning that prices overall are rising, too. they're up 10% from april of last year. what it shows, brooke, the housing recovery is happening and housing is finally finding its footing. >> what are the cities, alison, where this is most successful and the housing markets are bouncing back. >> these are where you saw some of the markets hit bottom. in madera, california, medford, oregon, 20% increases in prices are expected. i know you want to go to see the full list. a lot it happening because those places got hammered during the recession. places like madera fell 300% below their peak. a home

cnn's alison kosik is joining us now. >> i sat down with one of the victims of the bombing. the flight that went down over lock i lockerbie, scotland, was 29 years old at time. he was working for goldman sachs in london. that's when he was home for the holidays. his family have followed each and every twist of the investigation to bring al megrahi to justice, demanding more information. when they heard the news about al megrahi's death, they had mixed feelings, they said it is a step forward, but the sadness is still there. >> miss him a lot. good kid. would have been a contributing member to society. i'm very sad about that. sad for him. we're hurt, he's gone. all the other people -- just think, one family, lost five members of a family. unborn children. so sad. >> boy, that is powerful. so despite al megrahi's death, alison, it seems a lot of questions remain about the attack, the aftermath, those involved, right? >> reporter: you're right about that. mark's parents told me that they believe others are still out there responsible. they told me they feel it's disgraceful th

ali velshi, erin burnett, alison kosik are all standing by live.have ruled cuba for half a century. anything wrong with giving another visa toeo

alison burns is in our washington, d.c.sroom with a reason -- with the reason why some critics say he missed an opportunity here. alison? >> reporter: let's take a look first at his arrival 25 minutes ago. he has a full schedule after his all-night flight from kabul. president obama's speech in afghanistan was frustratingly short on specifics about how to prevent the country from reverting to chaos after u.s. combat troops leave in 2013. president obama used the trip to sign an agreement with hamid karzai to continue to cooperate in counter terrorism efforts but the deal did not include specifics about how many money or u.s. might commit. >> we've made it clear they can be apart of this future if they break from al qaeda, denounce violence and abide by the afghan laws. >> if we're willing to stepdown and break the alliance with al qaeda when we have 100,000 troops there, as we engage the troops, why should they be willing to engage us? >> reporter: there was a car bombing after the prod's -- after the president's departure.

ali velshi, erin burnett, alison kosik are all standing by live.have ruled cuba for half a century. anything wrong with giving another visa to someone named castro? >>> an urgent hunt for a man who pointed a rifle at a school bus. i'm wolf blitzer. you're in "the situation room." [ closing bell ] >>> the markets on wall street are now closed and while investors made a frenzied rush to get their hands on wall street's hottest new stock, the passion quickly cooled down. let's go straight to cnn's allison coison kosik over at th for us. walk us through this ride for facebook today. >> reporter: you know, let me start with the positive here. i just heard you talking about that. yo

alison kosik is at the new york stock exchange with details for us. hi, alison. >> hi, carol.ase a new smartphone next year. we began hearing the rumors a month or two ago about facebook possibly doing this. we're getting more details from the "the new york times" and some include that facebook looks to be poaching or hiring some former apple engineers who worked on the iphone. now, facebook, it's not saying much at this point except for saying, you know what? working across the entire mobile industry with operators, hardware manufacturers, os developers and critics are saying, not a great idea. they're saying that facebook has no experience in the hardware business and they say there are many ways for this whole thing to go wrong. carol? >> yeah. but it could be a good idea in the end. you don't know how it will turn out. they don't know how it turns out. >> think about eight years ago when mark zuckerburg said i want to make it the facebook. look how famously popular it's begun. critics are saying there's competition out there. look at google. they bought motorola mobility a

alison? >> reporter: tori, president obama's top counterterrorism adviser went on tv this morning and said we no longer need to worry about the man who planned to blow up a u.s.-bound plane but would not say if he had been capture order killed. the bomb that was seized is an upgrade of the underwear bomb that failed to detonate over a plane in the united states in december of 2009. it's believed to have been built by al qaeda's mastermind bomber. secretary of state hillary clinton says it's a reminder al qaeda is not giving up. >> they keep trying to devise more and more preverse and terrible ways to kill innocent people, and it's a reminder as to why we have to remain vigilant as home and abroad. >> reporter: the bomb did not contain metal and likely would not have set off airport metal detecters and it's not clear if the body scanners in use in u.s. airports would have detected it. members of congress are already calling for new scrutiny of our airport security. reporting live from washingt

alison kosik at the new york stock exchange. hey, alison, obviously a big week for the stock market, but for facebook, a crazy week. i guess it's been kind of messy. >> it really has been messy. what facebook has been doing all week. they plunged, shares, on monday and tuesday. shares were up on wednesday and thursday and today they are down 3.5% trading at $31.87. so that's clearly below the ipo price of $38 when facebook made its public debut on friday. overall facebook shares are down 15% from that public debut. you know what's happening today? today investors really don't want to hold onto this stock. many car it risky. we're going into a long holiday weekend. there's a lot of concern weighing on the markets about the european debt crisis, so a lot of investors are really just selling today at least selling facebook shares specifically, not wanting to hold onto it. >> what about the technical error that some companies say cost them some money. can they actually get it back? >> that's really the next sort of layer of this ipo

alison kosik is at the new york stock exchange to explain.f. essentially that is when all of these legislative measures kick in at the same time. in this case, it would be higher taxes and spending cuts. this would take effect in january of next year. what it essentially means is that $500 billion would literally be pulled out of the economy next year. in fact, the congressional budget office says it's going to be so bad, we could go back into a recession. let me run through what could happen all at once. for one, those payroll tax cuts we've been having lately, they expire next year. so do extended unemployment benefits, the bush tax cuts would expire. $1 trillion in spending cuts will also kick in. now all of this is going to happen automatically unless congress does something. but at the same time, critics say, you know what? congress just can't extend everything until eternity because that could add up to $7 trillion to our debt over the next decade, hurting the economy in the long run. here is the real kicker, carol. lawmakers aren't exp

i want to bring in alison kosik at the new york stock exchange. is a problem for him. how did this happen in the first place? >> that's what everybody is asking, suzanne. this is an established company, as you said. everyone is scratching their heads. then you add to the fact this this fake computer science degree, it was everywhere. it was on yahoo!'s bio and then on these s.e.c. regulatory filings and the problem with this is when you lie on an s.e.c. filing, guess what? it's illegal. ceos, they personally certify these filings, that they're accurate, and thompson signed off on it. what this could do is carry a penalty of 20 years in prison for a $5 million fine. at this point yahoo! said let's get thompson out. one top executive at yahoo! told cnn there was just a loss of confidence in thompson after this whole resume scandal broke. you know this, it's real hard to lead when you don't have the people behind you. yahoo! has had four ceos in five years. yahoo! is having a rough time of it, to say the least. >> absolutely. and how is thompson doin

alison? >> reporter: dave, president obama reportedly raised a million dollars in the first 90 minutes after his announcement yesterday. the obama campaign seems to think this is a winning issue. the campaign tweeted out the word "mystery" last night and when you -- "history" last night and when you click on it, it's president obama's quote that same-sex couples should get married. republicans say it will help mitt romney with social conservatives. >> the president, i think, has handed to mitt romney, the one missing piece in his campaign and that is the intensity and motivation that mitt romney needs among social conservatives to win this election. >> reporter: overnight, the republican house struck back passing a bill that reinforces a federal law key fining marriage as -- defining marriage as between a man and a woman. nancy pelosi is holding a news conference this hour. we'll see what she has to say about it and have that for you during my next update. reporting live from washington, d.c.