in this edition, scott pelley reports on hard times in a small midwestern town, and later, bob simon's story on a yonkers, new york, bakery that became a role model for social activism and small business success. we begin with the plight of wilmington, ohio. when president spoke of "the winter of our hardship" in his inaugural address of 2009, no one understood it better than the people in wilmington. they were in the grip of a brutal series of layoffs at dhl, the air shipping company, at a time when claims for unemployment benefits in the u.s. were the highest in nearly 30 years. in december 2008, just before all the speeches and parties of inauguration day, scott pelley headed to ohio to find out what questions the families in wilmington were asking. >> are we going to lose our home? you know, are we going to be able to pay our property taxes? what are we're gonna do for insurance? what are we're gonna do for food? you know, and these are questions that you'd never think that you'd ask yourself, you know. and now they're discussions in the home. >> bear hug, big. >> [grunting] i love

. >> i'm bob simon. >> i'm lara logan. >> i'm scott pelley. those stories tonight on "60 minutes." [ male announcer ] what are happy kids made of? bikes and balloons, wholesome noodles on spoons. a kite, a breeze, a dunk of grilled cheese. catches and throws, and spaghettio's. that's what happy kids are made of. campbell's. it's amazing what soup can do. amyblue shirt: we do.u have all the popular smart phones? that's what happy kids are made of. amy: at&t? blue shirt: yes. amy: sprint? blue shirt: mhmm. amy: verizon? blue shirt: got it. amy: do you make commission on this? blue shirt: no. amy: do you have all the plans? blue shirt: we do. amy: does this make my head look big? blue shirt: no. amy: can you activate all of these? blue shirt: yes we can. amy: can you transfer my contacts? blue shirt: yes. amy: are you sure? blue shirt: yes. amy: i'm pretty popular. blue shirt: no problem. amy: you're good. what number am i thinking of? blue shirt: nine. amy: yes. vo: save up to $50 on samsung smart phones. only at best buy. (music throughout) why

i'm bob simon. in this edition, we're going to visit with a driving force behind the resurrection of chrysler. and later, hunt for the most expensive food in the world. but first, we begin with a story about the rapidly growing trade in fake stem cell cures. many people with incurable illness look forward to the promise of stem cells. stem cells have the potential to turn into any kind of cell, and in theory, they could repair damaged cells. scientists tell us that we are years away from realizing that dream. but conmen have moved in to offer the hope that science cannot. just look online and you'll find hundreds of credible-looking websites offering stem cell cures in overseas clinics. as scott pelley reported in january 2012, the 60 minutes investigation found something even more alarming: illegal stem cell transplants that are dangerous and delivered to your doorstep. >> i know you're tired. >> adam and brandon susser are 11-year-old twins. adam has cerebral palsy, his brain was damaged by a lack

i'm bob simon.s edition, we meet the scientist whose work could change the world as we know it. and visit with a doctor who has revolutionized medicine. back in 1989, the scientific breakthrough that could solve our energy problems seemed at hand. it was the announcement of cold fusion nuclear energy that can work at room temperature on a tabletop. it promised to be cheap, limitless, and clean, and end our dependence on fossil fuels. then just as quickly as a find was reported, it was discredited. cold fusion became a catchphrase for junk science. yet, as scott pelley reported in april 2009, 20 years after being thoroughly debunked, for some scientists, cold fusion was suddenly hot again. >> we can wield the power of nuclear physics on a tabletop. the potential is unlimited. that is the most powerful energy source known to man. >> michael mckubre says he has seen that energy more than 50 times in cold fusion experiments he's doing at sri international, a respected california lab that does extensive

i'm bob simon.is edition, we visit with a trio seeking to make a difference by offering a helping hand to those in need. we begin with nicholas negroponte, a professor at mit. he's the founder of a nonprofit organization called one laptop per child. his vision is for every child to have a laptop computer, and with it, the possibility of a better future. he recruited a cadre of engineers and programmers who created the low-cost xo laptop. it costs less than $200 and is designed to be used in some of the most impoverished places on the planet. as lesley stahl reported in may 2007, negroponte's dream was ambitious. to understand it better, let's go back to where that dream was born: cambodia. >> the idea came to him in a remote village called reaksmy, a four-hour drive on a dirt road from the nearest town. it's as far from mit as you can get. they don't even have running water. >> [bell being struck] >> stand by. >> negroponte and his family founded a school here in 1999, putting in a satellite dish an

i'm bob simon. in this edition, we turn our attention to some foreign intrigue.irst, a story about a mysterious computer virus that struck an iranian nuclear plant. later, the report of how american agents hunted a notorious arms dealer. and finally, an account of a chinese-american spy trying to steal u.s. military secrets for china. we begin with the story of stuxnet, a computer virus considered to be the world's first destructive cyberweapon. it was launched several years ago against an iranian nuclear facility, almost certainly with some u.s. involvement. but as steve kroft reported in march of 2012, the implications and possible consequences of this new kind of warfare are now being studied intensely. >> i do believe that the cyber threat will equal or surpass the threat from counter terrorism in the foreseeable future. >> there's a strong likelihood that the next pearl harbor that we confront could very well be a cyber attack. >> we will suffer a catastrophic cyber attack. the clock is ticking. >> and there's reason for concern. for more than a decade, the

i'm bob simon. in this edition, we look at the life of tech titan steve jobs, the cofounder of apple, and we also examine the unexpected impact that one of his inventions, the ipad, is having on children and parents living with autism. in 2004, jobs asked walter isaacson, a former editor of time magazine, if he would write his biography. isaacson thought the request premature since jobs was still a young man. what he didn't know at the time, and only a few people did, was that jobs was about to undergo surgery for pancreatic cancer and was feeling his mortality. in 2009, with jobs already gravely ill, isaacson began the first of more than 40 interviews with him, the last being conducted a few weeks before his death. as steve kroft first reported in october 2011, the result was the best-selling book of the year. >> when walter isaacson first began working on the book-- which is published by simon & schuster, a division of cbs--steve jobs' wife, laurene powell, told him, "be honest with his failings a

i'm bob simon. in this edition, we look at three groundbreaking approaches to education. first, we visit the seed public charter school, the nation's first urban public boarding school. later, we meet some unlikely students who are getting a liberal arts college degree behind bars. and finally, we go to the harlem children's zone under the leadership of geoffrey canada. we begin with seed, one of the most successful and innovative charter schools in the country. it was started in 1998 in southeast washington, d.c., where some of the nation's most troubled schools are located and where most students don't finish high school. but as byron pitts first reported in 2010, seed students are different. most graduate and go on to college. admission to seed is by lottery, open to any family in the district willing to take a chance. >> girl 41. >> yeah! >> this family was one of the few who won the lottery, a $35,000-per-year education paid for by private and government money. >> boy 12. >> yay! >> only 1/3 of the over 200 or so kids who applied heard their number called. with the c

last night on "60 minutes" bob simon looked at israel's game-changing technology. >> reporter: over thently the only thing civilians could do is run for cover, but in the latest round of fighting between israel and hamas late last year some stopped running and tried to get good picture because this time when hamas fired rockets, iron dome fired missiles to inder september them in the sky before they could do any damage on the ground. you're looking at an iron dome missile on its way. you can't see the hamas rocket it's going after, but watch how the missile will adjust its course to get close to the hamas rocket and blow it up. at night the images of iron dome are even more spectacular. this video was taken at a wedding in southern is rile. a squadron of iron dome missiles could be seen. the wedding music played on de despiedde despite the background. >> do you think they feel safer today than they did six months ago? >> by far. we interviewed him just before israel's recent elections. >> now people are not running to shelters so much. they're staying in cafes. >> i don't think so. prob

they're one of the smallest buses and last month one of the largest buses and along with the tours, is bob simonere a radio personality and a spanish language media down here for a long time and you thought it was an important thing to do. this isn't just a tour. people actually can learn a lot about the border doing this. >> when you come down here, you let the border speak to you and make your mind up and go beyond the crime of illegal substances and guns and people and we how we're next door neighbors, mexico, and you can see that the consumers from mexico spent 7 million dollars a day in the state of arizona and includes tax revenues and you can see what importance they have to places north of arizona as consumers. and how they're coming from mexico all winter long and how important it is for us to go to the south and spend money there. you see a link far beyond the headlines of the illegal activity that goes on. and we're going to talk to the border patrol and can't go on record, but when you talk to the border patrol union they can go on record and tell you, they believe it's a good idea o

simon? >> thank you, bertha. . bob, are you impressed? >> well -- >> a round of applause. >> they are. ering, because there are military people coming on the floor. i think one of the old members are retiring. simon, this is one of the great old traditions on the floor. one of the members been here for a long time is retiring. the whole floor basically stops, comes over and says hello to everybody and congratulates them and gives them -- there you go. some of the old members retiring. and a lot of these people have been here for 40 years. and not as many as they used to be. when one of them leaves, it is kind of a big thing here. probably several hundred people all gathered around talking about what's going on. let me move on and talk about the markets. take a look at dow industrials. about 30 points and if you wonder why it happens, no particular news out there but we did get action in spiders and triple qs. those are etfs, fast money people use. it did spike up. there was some buying that happened quite simply. a lot of people come in. short the market early on and when the market doe

bob. >> and it is just as good as hollywood on the west coast. any time there, simon. very much. 1300 investment advisers at largest conference in the world. i caught up with tom from etf trends. there is a lot of interest in investing outside of the united states. >> overseas, fixed income. huge on inflation. huge on currency. a lot of choices here in the u.s. but when you look overseas, you not only get diversification and yield but protection against fallen currency in the u.s. >> he tells me there's been huge inflow niece the wisdom tree. j pan hedged equity etf. symbol is dxj. they hedge out currency risk of a declining yen. international bond funds like the wisdom tree emerging markets of local debt. symbol is eld p. they also hedge currency risk, have also seen inflows. etf providers are jealously eyeing $2.7 trillion sitting in money market funds. some of which he thinks might end up in actively managed etfs. >> that could affect the dollar per share price. over at pimco and goog enheim that can help you maybe guide through those pit falls that could down the r

today we had a great interview with simon and bob lutz.hings bob lutz said today. one of the things that stuck out in my mind when there were questions about the weakness in europe, it isn't only gm, it's cokeca-cola and caterpillar, he said we're getting more interest rate because we're buying securities in europe. the interest boys told me they don't know which way is up. you could call it a worry but i don't think so, that's too conventional. is it a wall of uncertainty, maybe, but i think it's a wall of weakness. now look at the list that traders are talking about, that trade interest rates. they're saying the one area is central banks, they play a prominent role, think how many billions a month our central bank is pushing to buy treasury securities. also think about the economy in general and not just in the u.s., but of course around the globe, and last but not least, logistics. why are logistics important? because so many investors and central banks outside of the ones of country of origin have so many positions in each other's gove

simon, cnn, san francisco. >> want to bring in mayor bob filner, the mayor of san diego, a city where governor perry has donewhat is your reaction to this ad campaign? do you dismiss it, as we heard from the governor? >> we take it seriously. it shows the allure of california when he's coming as a tourist. so we welcome his money. even if you take the governor's arguments at face value, which i don't, it's only part of the story. we have an incredible innovative economy in california, unparalleled lifestyle, quality, education, spectacular beaches and climate. i mean, you've got to include that in the quality of life attraction that the governor has. even at taking it at its own value -- and it's a challenge for us and the governor of california and i working on streamlining regulations, but what he's saying is that he's going to sacrifice the long-term investment in our environmental protection and in our quality of education. that's how you keep all that stuff low that he's talking about. you're sacrificing that for a short-term corporate gain. that is not the way the future of our state should be expresse

night, and company ceo bob iger announced that major news right here on "closing bell" yesterday about its recently acquired lukas films. let's listen again. >> larry kazden and simonng on films derived from great "star wars" characters that are not part of the overall saga, so we still plan to make "stars stars 7," " 8" and "9" starting in 2015, but there are going to be a few other films released in that period of time, too. >> so with everything seemingly going right for disney, is it time to buy, or is it too late? let's start talking numbers. on the technical side is the managing partner at bell point. on the fundamental point it's steve cortes founder of veracruz and cnbc contributor. did i read this correctly, you shorted disney? >> listen, it's not easy to fight a stock that has it at an all-time high but this has gotten very frothy. as a disclaimer i have to admit that i took the disney cruise with my kids a few years ago. let me tell you something it was hell on the water. got the norovirus. i would rather have been on the endurance stuck in the ice than on that boat, but aside from that, i do have real world reasons outside of my own experience to fight

bob can retire at a more appropriate age. it's not rocket science. it's just common sense. from td ameritrade. >>> welcome back. carnival cruise giving an update to the media in mobile, alabama. simonthe latest. >> i'm afraid it's more bad news effectively, maria. carnival's svp of marketing terry thornton says it's going to take seven to ten hours in order to dock the vessel, so that leaves it possibly as late as 2:00 a.m. eastern, after 2:00 a.m. eastern. the reason for that, he says, as we were talking about earlier, by far the biggest ship ever to dock in mobile and the terrain is very tricky to get it through. they say that they have 200 people already at the facility in order to help people disembark and one of the major problems they have is the result of losing power, there's only one functioning elevator on the ship on emergency power. therefore, it will take four to five hours to disembark the 4,000 plus passengers and crews. passengers will have to carry their own luggage, but there will be crew at every stairway in order to help them down each of those flights of stairs. paperwork is taking place on board the ship now in order to speed death embarkation, mainly customs,

bob iger's interview with our own julia boorstin. >> in fact, we are working on a few stand-alone films. larry kazden and simon ginberg are working on films derived on "star wars" characters that are not part of the overall saga. we still plan to make "star wars" 7, 8 and 9 over roughly a six-year period of time. there will be a few other films released in that period of time, too. >> it is amazing, jim, because this was an acquisition done just in october. they're monetizing this thing left and right already. >> look, the big controversy last quarter was, espn not so good. that turned out to be false. did they buy this. he said, trust me, it's going to be marvel. people didn't trust him. why they didn't trust him, i have no idea, since he's completely bankable. but he had just bought the thing. now he's got a clear path. in the meantime, geez, the theme parks are booming. it's doing great. shanghai numbers. everything that was disappointing in the previous call that drove the stock down from the low 50s to the 40s, he corrected, and i think this is a story that is going to get better and better as the year un