this was related to and the that steerednager money into bernard madoff's scheme. "brave" opened with $67 million in ticket sales. the princess is the first lead disney-pixar. >> starting today, the city public schools breakfast ande lunch to students as part of summer food service funded aa federally , but so many don't know it exists. the school nutrition director is morning.s this becky, good morning. morning. >> so many students these days on their schools for important meals the day, breakfast and lunch. 57% of ouria has children eligible for free and meals. have a lot of food and security. want to make sure our kids breakfast and lunch throughout the summer. we can see the staff working to prepare meals. the nutritional standards have changed recently. there really is such an emphasis sure kids get the to reallythey need function economically and physically through the day. >> that's true. our meals for the summer provide fresh fruits and vegetables like during the rest of the year. offer cold meals because we had 22 sites around the city for anddepartment of

peter madoff is the former chief compliance officer at the private investment arm of bernard madoff's business. as part of the plea deal, the younger madoff has agreed to give up $143 billion, including all of his real estate, as well as his personal property. >>> and there is another attempt today to resolve the european debt crisis. european leaders are meeting in brussels with some pretty sharp disagreement over how to handle the situation. any breakthrough will lynn j on germany. but it's doubtful there will be one. >>> overseas markets are up today. tokyo's nikkei average was up 144 points today. hong kong's hang seng was down 96. in london, the ftse opened higher. and on wall street, the dow gained 92 points yesterday. the nasdaq index picked up 21. >>> the state of california has a new budget this morning, aimed at helping close a $15 billion short fall. the spending plan includes welfare and social service cuts. it will hinge on a governor's tax hike. >>> and alabama could see more high-tech jobs soon. airbus reportedly plans to build an assembly plant for its a-320 plane in a

bernard madoff insisted he acted oon. peter madoff will spend ten years in prison. >>> according to new census figures urban centers are growing faster than the suburbs and the growth is attributed to young adults who delayed buying a home because of economic uncertainty and the access to more potential jobs in cities. >>> google is launching its answer to apple's ipad. it unveiled next tablet computer in san francisco. the tablet is smaller than the ipad but will sell for $199. the nexus 7 has a voice operated assistant much like siree and will run on google's latest android operating assistant. i'm looking for the operating assistant that does the cleaning an vacuuming. >> is it going to be ashley for google? >> i think that is a great idea! you need to call them now! >> ashley morrison, thank you very much. >>> coming up, the first weight loss pill in more than a decade gets fda approval but it's not what without risk. this is the "cbs morning news." a party? [ music plays, record skips ] hi, i'm new ensure clear. clear

. >>> court documents show bernard madoff's brother is set to plead guilty and serve ten years in prison for his role in the multi-billion-dollar ponzi scheme. >>> european plane maker airbus is reportedly set to build its first u.s. assembly line in mobile, alabama. >>> google launched a new tablet computer yesterday. the nexus 7 features a seven-inch screen and carries a $199 price tag. >>> and if you're in the market for a wedding band, here's a unique albeit cynical idea. okay. the titanium anti-cheating ring leaves an imprint "i'm married" on your ring finger just in case your betrothed is tempted to slip it off, but, ladies, if your man needs this ring, you may already have a problem. >>> coming, up the mets slug the cubs and the rangers bash the tigers. >>> plus, one angel takes flight and makes a home run-robbing catch. your early morning sports headlines are straight ahead. >>> and our record-breaking heat wave is peaking in the middle of the country and heading for the east coast. your forecast is coming up. you're watching "early today." >>> good morning. if you're just waking

bernard madoff is serving a 150- year sentence. monsoon flooding in northeastern india has left hundreds of thousands of people cut off. and, at least 27 were confirmed dead. in recent days, nearly one million people in the state of assam have been forced from their homes. the brahmaputra river has swamped 2000 villages. rescue operations were under way, but heavy rains hampered the effort. those are some of the day's major stories. now, back to jeff. >> brown: and to some unexpected progress in the battle against europe's financial crisis. for months members of the 17- nation euro zone have struggled to resolve disagreements over bailouts and spending cuts. with german chancellor angela merkel taking a very public hard line. but at a summit today, she and others surprised most observers with new steps. those include allowing banks to get capital directly from a $600 billion bailout fund instead of getting the money through governments; creating a new banking supervisor for the eurozone and letting some troubled countries tap into

peter madoff, former chief compliance officer at bernard madoff's business. ger madoff agreed to give up $143 billion including all of his real estate and personal property. >> well, the blistering heat that has been roasting the central and western states is now spreading east today. more than 1,000 record highs have fallen in just the past week alone. the hottest spot on the globe yesterday was hill city, kansas, where it hit 115 degrees. temperatures are soaring into the triple digits again to day. heat advisories and warnings posted in nearly two dozen states. crank up the ac, folks, over the next three days. going to be rough. >> 115? >> unbelievable. just the temperature, not heat index. >> oh, miserable. >> the rest of your hot thursday forecast. we have showers in northern new england. also in south florida as well. thunderstorms around chicago. green bay and detroit. also some rain later from seattle to portland. >> 70s in the pacific northwest. triple dij agits in the fire zo in colorado. mostly 90s from the midwest to the east coast. >> this next on

the brother of shamed american financier bernard madoff has admitted to doctoring documents but said he knew nothing about his brother's multi-billion dollar ponzi scheme until he revealed it in december 2008. he will be sentenced in october. the palestinians held unesco's decision as a step forward in their quest for global recognition of an independent palestine in the west bank. in colorado, searing temperatures along with strong, erratic winds, have made battling the state's most destructive blaze in history even harder. so far, nearly 350 homes have been destroyed. more than 35,000 people have been evacuated from the state's second-largest city. today, president obama went to survey the damage for himself. >> from thousands of miles above the earth, smoke pours into the sky. colorado is burning. the flames have lived ever closer to the state's second city, colorado springs. 35,000 people have been evacuated. searing temperatures, low humidity, and whipping winds have provided the perfect conditions for this blaze. >> i was standing outside my apartment, and you could just see th

. >>> five things to know the brother of the ponzi scheme king bernard madoff is scheduled to plead guilty in new york. peter madoff is facing multibillion dollar fraud charges. the pretrial hearing in the case of the suspected fort hood gunman major nadal hasan will resume in texas this morning. he is accused of premeditated murder and 32 counts of attempted murder and could face the death penalty. >>> wikileaks founder must turn himself in to london police at 6:30 this morning. he has been seeking political aseem um. he tried to avoid extra diction to swedeon where he is wand on sex charges. >>> testimony begins in the hearing against governor haley. the statehouse ethics committee is look into allegations that she basically lobbied for employees serving in the statelegislator. she deny the allegations. and happy where the day to one of the top piece of technology. today is the iphones 5th birthday. five years ago apple cofounder steven jobs launch iphone. >> let's talk about what's going on this morning because we have had a lot going on. but now things are calling down. no more severe

sand payoff time -- time for victims of bernard madoff to get some of their money. >> they will be gettingan $400 million under. a new under most investors will get 40% of their money back. it's not clear how this will impact others of his victims. law school graduates are having a tough time finding work. according to analysis, members of the class of 2011 have little better than a 50-50 shot of landing all your job within nine months of receiving a degree. this suggests that the job market for law school graduates is worse than we previously thought. there's a career event this thursday at the sheraton pentagon city hotel in arlington. technology engineering, and security clearance talent will be there. check out my twitter for more information. that is business news at bloomberg headquarters in new york, linda bell reporting for abc 7 news. back to you. >> thank you. time for traffic and weather every ten minutes. >> let's start with adam caskey. >> training earlier than usual today. it will be later this morning through lunchtime. then we will clear out later today. you will notice big

he was at second in command at bernard madoff's investment and securities firm.e peter's crimes pale in comparison to bernie's who swindled investors out of billions of dollars. he's the first relative to ever admit wrongdoing in connection with the fraud. as part of his plea deal he agreed to forfeit a $143 billion penalty he can't likely afford to play. the guilty plea shows he enabled his brother's crime. but it does not mean he knew about his brother's ponzi cream. peter has had to fend off numerous civil lawsuits against him by madoff victims trying to recover money stolen from them. victims accuse madoff and his two sons of treating the firm as a family piggy bank. patti ann: thank you, julie. bill: she was one of the first to challenge the healthcare law the moment was signed by president obama. florida attorney general pam bondi reacts to the supreme court ruling and why she argues it is not over yet. if paula ebert had her way, she would help her child. no. no no no no no. mommy's here [ male announcer ] with everything. but instead she gives him capri s

peter madoff is the former chief compliance officer at the private investment arm of bernard madoff's business. in addition to pleading get, peter madoff will forfeit $143.1 billion in money and property and serve 10 years in prison. bernie madoff pleaded guilty in 2009 and is currently serving a 150-year prison sentence. >>> coming up, like father, like son and a touching story of a virginia deputy following in the footsteps of his slain father. >>> the controversy at the university of virginia is over and there is still a lot more work ahead. tonight, students and faculty react to the school's popular president as the university pry tries to repair its image. >>> a great atmosphere at the verizon center. the caps welcome the new head coach who used to be the captain. we're tacking about adam oates who got the word that he is entering the hockey hall of fame. talking about the hall and oates when we return.  >>> now that the university of virginia's president gets to keep her job, some people at school are look for example another kind of change and think that means more in

. >>> relief coming to some investors defrauded in bernard madoff's ponzi scheme, agreed to pay $5 millionof new york. the agreement settles a lawsuit accusing him of secretly sending client money to madoff. for a look at what's trending today, a roundup of what has you talking online. lolo jones made the olympic team. she tweets she's honored to represent the u.s. at the 2012 london olympics. the track star from des moines had to fight back surgery last august and a pair of hamstring injuries to secure the final spot on her second olympic team. >>> forget the poster and monogram china, would you ask wedding members to donate to obama. an online event registry and taking some heat for it on twitter. >>> check out this bear cub just monkeying around in a family's garage. the cub squeals as he tries to find his way down to the beam he's perched on to the barking fury of a house dog. the mama beer comes to the rescue, managing to pry open the door, looks like it there, almost too incredible to be real. we have to imagine she'll be scolding the cub for hanging out with humans. he's trying to c

he is the former chief compliance officer at the private investment arm of bernard madoff's business.ng a judge to free him on a new bond after his original $150,000 bail was revoked. zimmerman admitted to misrepresenting his finances at his first bond hearing. zimmerman is being held on murder charges in the trayvon martin death. soledad? >>> thank you very much. when the supreme court's ruling on health care broke, a little known website which is called scotus blog was the first to report that the law had been upheld at 10:07 a.m. the blog's live feed peaked at over 800,000 views during the coverage. tom goldstein and amy howe are scotus blog's co-founders and they are joining me this morning. nice to see you. you were the first to report the ruling. describe to me when you heard it come in how you felt. were you stunned? confused? what was it? >> we were a little bit surprised actually. the supreme court was supposed to issue two other decisions yesterday. and we thought that they would come down, and we'd have a little bit more time before we got the ruling in the health care case

except for bernard madoff, you've not seen any prosecutions at all, because these are the people, the very wealthy, who took even more, they control the process. they are the international financial elite. they are on wall street and in london. this is what happened. money was illegally confiscated by this international financial elite. take a look at lehman brothers, for example. they went under but the chairman walked away with $400 million. i would like to -- to know why. host: looking at a story in the wall street journal that relates to what jack was talking about, warning flags raised two years ago about the trading loss -- let's go to schenectady, new york, pamela making under $50,000. we're talking about american wealth and how it has declined. you feel less or more wealthy than a few years ago? caller: definitely less. a family of four making $20,000 a year. it is hard to live day-by-day. i have multiple sclerosis and i take medication. when i go to market, we don't get enough food for the week, so we buy the cheapest cuts of meat and it's hard to even at chew it. it has been

. >>> peter madoff, the younger brother of ponzi schemer bernard madoff is expected to plead guilty laterd for his role in that enormous ponzi scheme. mary thompson is live at the courthouse in manhattan. she has the latest for us. mary? >> reporter: david, in just about 45 minutes, it is expected that bernie madoff's younger brother will plead guilty to two charges in connection with his older brother's $65 billion ponzi scheme. that will make peter madoff the first family member and eighth madoff employee to plead guilty in connection with that decades-long scam. the 66-year-old arrested earlier this morning at his lawyer's office in new york city. he was then brought to the courthouse at around 8:30. this coming also three years to the date his brother and former boss was sentenced to 150 years in prison. a lawyer, peter madoff served as bernie madoff's general counsel and chief compliance officer for 40 years another madoff's firm. he will plead guilty to one count of committing securities fraud. and agreed to serve a ten-year prison sentence and a largely symbolic forfeiture of $143.

. >>> in the u.s., a guilty plea today for bernard madoff's younger brother. court, quote, i know my conduct was wrong and i'm ashamed. peter madoff faces ten years in prison. >>> the u.s. anti-doping agency unanimously recommended today that cyclist lance armstrong be charged for using performance enhancing drugs. armstrong's attorney put out a statement, calling the charge wrong and baseless, adding, there isn't, quote, one shred of credible evidence. >>> now, forget olympic swimming. australia penny palfrey dove into the waters off havana, cuba, today, in a quest to swim across 103 miles of shark-infechted waters to the u.s. without a wetsuit or flippers. she says it should take between 40 and 60 hours to get to the florida keys. last year, she set the record for the longest unassisted swim. she'll have a crew nearby following her. amazing. >>> and it's the 200th anniversary of the war of 1812. and what better way to celebrate than with some cake? check out this delicious-looking replica of the oldest commissioned u.s. warship, the "uss constitution." made