brian ross on the new warning sent out, potential terrorists on the inside. targeting america's power plants, gas lines, even nuclear facilities. >>> the shark attack. a little girl in a foot and a half of water, attacked, in critical condition tonight. >>> campaign headache. new questions tonight and a new answsw from republican star michele bachmann, about her migraines and medication. does it matter if you want to be president? >>> broken promise. a worst nightmare come true for retirees, stunned after being told those promised pensions? time to give them back. >>> and to borrow a phrase, what would you do? you'll want to hear what husbands across this country told us today when we asked, would your wife do this? >>> good evening. we begin this wednesday night with that breaking news. the dangerous heat wave has now turned deadly. there are reports tonight that at least 22 people have died in the heat. this is more than 200 million americans suffering, trapped under what meteorologists are calling a giant heat dome. three dozen states already, and and the

gays through therapy to being straight is both destructive and potentially harmful, diane. >> a brian ross investigation. thanks, brian. >>> and now to dollars and cents. it is not too dramatic to say a fuse is burning fast toward financial disaster. while washington plays politics, august 2nd is the official deadline for cutting the deal on the e bt, paying our bills. but already, while they're arguing in d.c., your credit cards, mortgages and jobs are at risk. and abc's jim avila is in tonighghon what happens to you this week. >> reporter: the feinberg family sells bathroom fixtures in fort lauderdale, florida. hired two new employees this year. but their personal small business recovery is now frozen. the "help wanted" sign brought down as they wait to see if the unthinkable happens and the united states of america reaches official deadbeat status. >> we want to hire employees. we want to grow our business. we want to spend money on advertising. it's just difficult. >> reporter: in fact, the feinburgs were at a chamber of commerce meeting today, where they said two-thirds of america's s

brian ross investigates. >>> and staying together. the story of a special needs girl scout troop in texas and how they need your help. >>> good morning. president obama and top lawmakers will be back at it this afternoon trying to resolve the debt crisis. >> the president has challenged lawmakers to come up with a fresh approach to sololng this problem. karen travers is joining us with more. good morning, karen. >> reporter: good morning. president obama made it clear yesterday he wants a deal, he wants it quickly and lawmakers may have to make painful concessions but little indication that they progress was made. the stalemate over the deficit continues. today president obama sits down with deeply divided congressional leaders. he gave them a homework assignment, come back to the white house with a plan that increases the total deficit reduction from $1.7 trillion to $2.4 trillion. that figure could get republicans on board so long as tax increases aren't part of the deal. >> the house cannot pass a bill that raises taxes on job crea

we want to tell you about the reaction today from doctors and mental health professionals to the brian ross investigation you saw here last night. it is was a closer look at the company owned by michele bachmann and her husband. and brian had video taken by an outside group showing what was said to a gay client. an approach discredited by professionals and deemed potentially dangerous to those seeking help. and abc's chief investigative correspondent brian ross is back here tonight. >> reporter: diane, the leading health experts we taked to said the report showed a bad practice at the bachmann clinic, that discredited therapy designed to convert gays to straights through prayer and religion. no one at the bachmann clinic was talking. and the clinic's website, which had described it christian counseling, was no longer available online. >> the truth is god has designed our eyes to be attracted to the woman's body. >> reporter: and the undercover video shot by a gay rights group inside the clinic prompted mental health professionals to question whether the bachmann clinic receives medicaid pay

we're on the s sne in norway and brian ross is with us totoght. >>> breaking point. the fans, the air conditioners, breakiki a record at one of the country's largest utilities. will the power grids hold this weekend? we get answers. >>> the summer s srm. the unseen but soon to be felt side effect of this searing heat. fierce new breeds of mosquitoes. and why authorities are so concerned. >>> kate's tour. a royal invite like we've never seen. kate and the queen and her dress close up. our correspondent inside buckingham palace. >>> and our "person of the week." the boy, the ball that was caught and what he did next. we couldn't believe it. >> are you kidding me, this kid is going to do this? >>> good evening on this friday. and we'll get to the sweltering heat across this country in a moment. but first, that horrific story still unfolding out of norway. oslo, the city where they hand out the nonol peace prize, under siege today in t t deadly attacks, playing out one after the other. here's what we know tonight. more than a dozen dead and that number could very well go

abc's brian ross has investigated.rian. >> reporter: michele bachmann was well known to the religious right. now we're learning a lot more about her and her husband and the business that has been the family's principal source of income. on the campaign trail, michele bachmann telel supporters her husband has been the key to their 33 years of happy marriage. >> i have a very big advantage, because marcus has his ph.d. in counseling and he's a marriage counselor. >> repepter: but dr. bachmann's brand of counseling is highly controversial and could become a campaign issue. >> here's my husband dr. marcus bachmann. >> reporter: operating out of suburban minneapolis, dr. bachmann runs a christian counseling firm, co-owned with his wife michele, that at times, according to former patients, has tried to convert gay men into heterosexuals through christian prayerer >> you know, i could be straight and god would forgive me if i was straight. >> reporter: andrew ramirez of minneapolis was 17 when his family sent him to bachmann

brian ross joins us from the abc news studios in new york city. do you think the congresswoman's security was out of line. the guy that blocked my shot. we didn't show the whole tape because it goes on for two minutes. he was stalking my photographer and not letting us get pictures of the senator. the guy was really out of line. was it like that with you? >> the congresswoman's security were actually around here. i was never closer to 10 or 12 feet from her. i don't even think she knew what was going on. they recognized me and said they knew who i was. the blocking was all about me. other reporters were allowed to get close. >> why would they do that? >> she read a statement about the migraines. they are more than headaches, bill, they are migraines which can be very serious and put people out of action and my question was based on reporting that we had done in the other media had done was she may have missed some votes. headaches were migraines were so severe she may have had to miss votes. could she be entrusted with what they call the nuclear f

brian ross, abc news, new york. >>> well, families who lost loved ones in the london terror bombingshappened about six ars ago may have had their phones hacked by a britain tabloid. the latest escalation in a growing scandal over phone hackings by "news of the world." >> the london police confirmed some of its may have gotttt cash from the paper in exchange for confidential information. >>> three former pta moms from los angeles have been arrested after duping fellowarents into investing $14 million in a phony business. the alleged ponzi scheme lasted more than two years during which that time they spent a aut 3 million -- the three spent millions on vacation, cars and also gambling trips before an irate investor alerted authorities. the women are now being held on multiple felony charges. >>> attorneys name more than a dozen hihi-profile witnesses to be called in the perjury trial of roger clememe beginning later today. he is accused of lying to congress about taking performance-enhancing drugs. >>> staying with sports this morning, here's don bell at espn news with last night's hig

brian ross on the new warning out today. >> reporter: the reports of so-called belly bombs has led to an urgent alerlt for increased scrutiny of passengers heading to the u.s. who appear to have had recent surgery. >> al-qaeda has been working for a year on the eye tee of implanting bombs sleurlly inside human beings and may by now actually have done that. >> the tsa is warning tha warne surgically implanted bombs are careerly designed to get around most current airport screening machines. >> we are treating the information seriously and sharing it as a precautionary matter with our foreign counter parts. >> reporter: medical experts say there is plenty of room in the stomach area to hide a packet of ex-plo explosives the of a grapefruit. >> the surgeon would literally plant the explosive device in and mong amongst the internal organs. >> reporter: u.s. oh faikses say the implanted belly bombs are the latest demands from the master pommaker. he is seen here from the back hugging his own brother who he sent on a see which side -- the bomb ex-ploaded prematurely, smairing the saudi prin

today there were early warning signs as handlers physically attacked brian ross as he tried to ask herions. but in terms of the rest of his competition, it has become clear this week that not only will mitt romney avoid iowa in terms of early campaign states, he's also apparently avoiding south carolina. so then where was rick perry today? south carolina. forgive me, not rick perry in the flesh, but the image of rick perry, beamed into south carolina, south carolina pastors. i continue to believe that governor rick perry of texas is the dark horse in the republican race and that he has a great shot at the nomination. here is what to watch for in coming days. saturday, iowa gets to decide who gets a slot in the straw poll, a sort of scammy fund-raising things that helps the iowa republican party and doesn't help the candidates. rick perry, of course, is not a declared candidate for president, but there are signs his operatives are trying to get him on that straw poll ballot in iowa, even though he's not declared. if iowa republican party decides they want it, the rick perry noncampaign

the brian ross with those tapes. >>reporter: michelle bachmann tell supporters her husband marcus has been the key to her 33 years of happy marriage. >> i have a very big advantage because marcus has his p hd in counseling and he's a marriage counselor you. >>reporter: dr. box may be brand of counseling highly controversial. and could become a campaign issue. >> here's my husband dr. marcus bachmann. >>reporter: operating out of suburban minneapolis he runs a christian counseling firm. co-owned with his wife at times according to former patients has tried to convert gay men into heterosexual l through prayer. >> his path for if my therapy would be to read the bible. pray that the god that i would no longer be gay. >>reporter: andrew of minneapolis was 17 when his family sent him to bachmann and associates. where he says a council already working for bachmann tried unsuccessfully to save him from his sin. >> god would for give me if i was straight. >>reporter: dr. bachmann who describe homosexual as barbarian denied a

our brian ross dug into this story. >> you saw this yesterday.tions. said she was focusing on the economy, finding jobs, looking for ways to resolve the issues going on in terms of the budget but not answering this question specifically. >> folks want answers. >>> later this half hour, a freakish situation for a florida mom and her brand-new baby. the 3-month-old almost lost a toe because of a strand of hair thth was in her sock. >> those little feet, so cute. >> we're both familiar with little toes like that. this is an issue parents need to look out for. i learned about this in my baby care class. >> not something most young parents or parents of young children would think about, though. very unusual. >> very important story. >>> first, the brurul heat that is just not letting up across the south. >> nearly a dozen states remain under heat advisories from texas to virginia. several heat-related deaths have been reported. it was so hot in north carolina, 50,000 chickens died on a farm when the power there went out. here's abc's steve osunsami. >

brian ross, abc news, new york. >>> and in related news now, the tsa is installing new technology inn mind. the new scanners will show only a generic outline of a person's body instead of the image of a naked body. it will be used in about 40 major airports. the old technology had outraged somemeassengers as well as some privacy advocates. >>> the parents of a little girl attacked by a shark along north carolina's outer banks say that she's in good condition this morning. but they're still recovering from the nightmare of witnessing the actual attack in shallow water. abc's steve osunsami reports now from ocracoke island. >> reporter: it was late in the afternoon. the young girl swimming with her father in just 1 1/2 feet of water riding on a boogie board when witnesses say the shark struck, seriously wounding her leg. >> the mother yellededhat the child had been apparently bit by what appeared to be a shark. >> reporter: the 6-year-old suffered wounds to her calf and foot. they were severe enough that emergency personnel airlifted her to the only trauma hospital in the area, nearly

brian ross has a look at the tapes. >> michelle bachmann tell supporters her husband marcus has been key to her 33 years of happy marriage. >> i have a very big advantage because marcus has his p hd in counseling and he's a marriage counselor. >>reporter: dr. box map brand of counseling highly controversial and could become a campaign issue. >> here's my husband dr. marcus bachmann. >>reporter: operating out of municipal app police he rns a christian counseling firm co-owned with his wife at take place according to former patients has tried to convert gay men into heterosexuals through prayer. >> if his path for my therapy would be to pl read the bible. pray that god i would no longer be gaishtion andrew of minneapolis was 17 when the family sent him to bachmann and associates where he says a counselor working for bachmann tried unsuccessfully to save him from his sen. >> good would forgive me if i was straight. >>reporter: dr. become man described homosexual as bar bayern denied as false statement 5 years ago reports his clinic tries to than covert guys men to straight. but upped co

and abc's chief investigative correspondent brian ross has the new warning out today. >> reporter: the reports of so-called belly bombs has led to an urgent alert for increased scrutiny for passengers headed to the u.s. who appear to have had recent surgery. >> al qaeda has been working on the idea of implanting bombs surgically. inside human beings. and they may, by now, have actually done that. >> reporter: the tsa is warning that the surgically implanted bombs are clearly designed to get around mosturrent airport screening machines. >> we are treating the information seriously and sharing the information as a precautionary matter with our foreign counterparts and also, of course, the u.s. carriers that fly overseas. >> reporter: medical experts say there is plenty of room in the stomach area to hide a packet of explosives, the size of a grapefruit. >> the surgeon would open the abdominal cavity and literally implant the explosive device in among the internal organs. >> reporter: right in there? >> right in between the intestines, the liver and the stomach. >> reporter: u.s. official

id's been hearing how the culture of control by the murdoch media got out of hand brian ross who runs a t.v. network for social activists says there are parallels with some nation's wider imperial ambitions. you can make an analogy i think on an international scale between what happens in take over so the united states and britain took over iraq and what do they bring the power who they employ they employ to move close loads and i think that same thing has happened in the tabloids where you have a man's power and again some murdoch and a few of the other barons and who they hire what type of boat he they are not painting every journalist with the brush of luxury but certainly if you look at the murder whether it's on television where you've got paid verbal assassins like o'reilly and hannity and night it states i don't know about britain. it's a whole culture of power and control and deception or an agenda and that agenda i think it was the gender of the dominant powers both in britain and the united states. well we are asking what you think of tabloids tactics in getting the story an

brian ross, the abc reporter who fancies himself a real investigator lept on to the stage to confront congresswoman bachmann to demand she answer his questions, and then got up upset because her staffers treated him like the inconsiderate jerk he can be. i realize that he probably is less the cause of a headache for michelle bachmann, and more a pain in the other end of one's anatomy. reporters have a right to ask questions, but not to demand an answer and to physically invade a candidate's personal space orie fuse to accept no for an answer. no candidate is required to help load a gunpointed to his or her own head. they are free to write their stories and are not free to force a candidate to give them fouder for it. that's my view and i welcome yours. you can contact me at mike huckabee .com. she has been spenting a lot of time lately and i can't imagine why she would be doing that. i want to get right to the things i was discussing. i want to talk about when the press acts like they have a divine right to demand of you out of your schedule and time, the frustration of dealing with t

we're told by a time correspondent that two michele bachmann bodyguards actually "manhandled brian rossm around a little bit. the campaign says ross was ordered not to jump up on stage and he jumped up on stage. but the campaign is not addressing whether or not he was manhandled. >> all right. let's talk about more news with another presidential debate. this tonight. tell us all about it. >> that's right. it's being billed as the first ever presidential debate on twitter. it's going to have six candidates, i'd read off the names, michele bachmann will be there,,000 mccotter, herman cain, gary johnson and rick santorum. there's a little bit of a snafu ahead of the debate tim pawlenty was listed on a press release a few weeks ago as being confirmed as attending. i contacted the campaign today. they said look, we never confirmed to be there. i then went back to the organizers of this debate and they were like you know what, it was a miscommunication problem. >> shannon travis, thanks so much. cnnpolitics.com for the latest political news. here's a reminder to vote on the story you want to

abc's chief investigative correspondent, brian ross, has more on what led to this new security alert. >> reporter: beware of passengers coming to the u.s. who just had surgery. >> they may be on the move. >> reporter: medical experts say there is plenty of room in the stomach, to hide a packet of explosives the side of a grapefruit. >> the surgeon would open the abdominal cavity and implant the explosive device among the internal organs. >> reporter: right in there? u.s. officials say the plot is coming out of al qaeda in yemen. and the alert is for terrorists coming to mideast cities and coming to the u.s. scans could not notice a mass inside the body and determine it was an explosive. >> reporter: the detonation would come from a cell phone or a syringe. >> we're sharing the information, with our foreign counterparts and also the u.s. carriers that fly overseas. >> reporter: the al qaeda bombmaker mastermind believed responsible, is a 28-year-old saudi by the name of ibrahim asiri. he is seen hugging his brother, who he then sent on a suicide mission, with a bomb implanted in his la

brian ross, abc news, new york. >> this story really hits a nerve with the gay community. >> that's forrough therapy and prayer, called reparative therapy, is both ineffective and potentially harmful to the folks that go through that. so that's coming from some people who have really studied this issue. >> we'll see what the fallout is for her campaign. >>> congressional lawmakers meanwhile head back to the white house this afternoon for another round of debt tatas. the two sides remain deeply divided over how to solve the crisis. president obama refused to even consider a stop-gap extension of the nation's borrowing limit. republicans will not support a package that raises any taxes. >> there are allegations that two more murdoch-owned papers in britain broke the law. reporters are accused of paying queen elizabeth's bodyguards for secret information, potentially jeopardizing the monarch's safety. they're also accused of accessing former prime minister gordon brown's bank information and stealing the medical records of his seriously ill baby son. >>> it was anything but a normal commut

. >> after yesterday's rally brian ross ambushed the congresswoman trying to ask if her headaches everuse. when he was report to go the mainstream media roughed up by bachmann's body guards a claim which he admit is far over blown. joining me is author of brand new book right there. america individualism and i got my signed copy right here. >> yes, you do. >> margaret hoover. right there. former senator mccain advisors author of the book it's a sex thriller 18 acres now out in paper back. >> i can't believe you said that on television. >> we will call it a sex thriller. >> he wrote about the first president in the country who is married to a guy who cheats on her. >> i can stick to the topic of the night. impersonally obsessed with the special indignity suffered by women in c politics. i wrea write about it in a fict context i think michelle bachmann is experiencing it in a very real way. i think that it is certainly an appropriate hurdle for any one running for president to prove their fitness for office. a doctor has released a letter. she has addressed and answered the question the

. >> alex, i don't know that we know the full story of brian ross? i thought by now that video would have gained circulation. >> holding on to that to release it when the rating -- the idea there was a physical kerfuffle, is that the word? i don't know. >> kerfuffle. >> a kerfuffle. you know, sharon angell, pursued by the press, not wanting to deal with it and if not physically putting a reporter in his place. you know, again i don't think this is the tactic you want to use. she should not be on the defensive about this. this is something i think she wants to get ahead of the media cycle. >> the letter from the attending physician of congress, which the bachmann campaign released in response to the charges.oogener health. your migraines occur infrequently and have known trigger factors of which you are aware and know how to avoid. you have note needed medical attention for me regarding migraines with use of the above mentioned commonly used therapy. what caused me to think this was an issue when i found she had three different occasions that were suf

brian ross, abc news, new york. >>> and we are following a developing story in malaysia.ergarten, in kuala lumpur, taking 30 children there hostage and also three teachers. malaysian police say they are negotiating with the man. so far it's unclear who the man is or what he is demanding. >> we'll keep an eye on that story. >>> a juror in the casey anthony case is giving abc news exclusive insight into the surprising acquittal. jennifer ford says jurors were sick to their stomachs about the decision. meantime, anthony is expected to walk free later today after a sentencing hearing. ashleigh banfield reports now from orlando. >> reporter: as news of the verdict heard round the world sinks in, new details are emerging about how those jurors arrived at their decision. abc news spoke exclusively to juror number three, a 32-year-old single nursing student named jennifer ford who told us -- >> there wasn't enough evidence, there wasn't anything strong enough to say exactly -- i don't think anyone in america could tell us exactly how she died. if you put even just the 12 jurors i

. >> brian ross got roughed up a bit over the migraine headache situation. we will have mr.m, coming up. >> greta: at 11:00 p.m. eastern time. coming up, they say the white house isn't listening to arizona republican lawmakers doing things their way again. we will tell you what they are up to now coming up. and we first told you about congressman west's nasty feud with representative wasserman schulz the. but the story got a whole lot weirder. it may or may not include an apology. apology. wewewewewewe an accident doesn't have to slow you down. with better car replacement, available only with berty mutual auto insurance, if your car is totaled, we give you the money for a ca one model year newer. to learn more, visit us today. responsibility. what's your policy? backed by the superguarantee®? find a busess only& suonline.s®. on your phone. or in the book. go to superpages®. and let the good guys save the day. so delicious. i think you'll find it's the vegetables. deliciously rich. flavorful! [ female announcer ] together at last. introducing new stouffer's farmers' harvest w

he is said also to be talking with police. 7 brian ross says he was a domestic terrorist. >> turns out to be a lone norwegian arrested believed to be involved in both the bombing and the shooting. said to be in his 30's. military veteran who has grievances with the government and now talking to police kind of norway version of timothy mcveigh american military vet who blew up the federal building in oklahoma city. >> remember that bombing was on april 19, 1995. tl. >> moving on. los angeles police tonight con firment arrest of 3 people in the beating of brian stow at the giants dodgers season opener in los angeles. they are 29-year-old pl sanchez and 3 30-year-old norwood of reality. charged with mayhem, salt and battery. 30-year-old miss sanchez apparently released on 50,000 dollar bail without being charged. >> with new credible information took a new path. today the thanks to thousands literally thousands of hours of investigative work, hard work of an elite competent group of investigators we can announce the arrest of suspect ins this case. if police think it's as important to exo

. >> brian ross got roughed up a bit over the migraine headache situation. we will have mr. this program, coming up. >> greta: at 11:00 p.m. eastern time. coming up, they say the white house isn't listening to arizona republican lawmakers doing things their way again. we will tell you what they are up to now coming up. and we first told you about congressman west's nasty feud with representative wasserman schulz the. but the story got a whole lot weirder. it may or may not include an apology. we will play you the tape and let you decide for yourself. [ male announcer ] this...is the network -- a network of possibilities. in here, the planned combination of at&t and t-mobile would deliver our next generation mobile broadband experience to 55 million more amecans, many in small towns and rural communities, giving them a new choice. we'll deliver better service, with thousands of new cell sites... f greater access to all the things you want, whenever you want them. it's the at&t network... and what's possible in here is almost impossible to say. the nascar nationwide series, it

what hidden cameras reveal in our brian ross investigation. >>> jaycee's incredible journey. new details this morning about her jaycee's friend she never forgot. her first real exposure to the outside world and why dedidn't say her own name in can't tift in 18 years. >>> sister wives fight back. why cody brown and husband his spouts are launching a love bring grade. should they be left alone to practice polygamy? >>> it is a sticky steamy tuesday. all the way from the southwest to right here in the northeast. oppressive heat, humidity, sam will tell us if this heat wave is going to let up any time soon. >>> that heat not doing much for the moods of the debt limit negotiators. markets starting to get spooked, asia, europe, u.s. all falling and i lot i talked to only a real market shock would force a deal. >>> the casey verdict as she prepepes to go free this week, as you know, for the first time the jury foreman spokes out on why they acquitted. >> they were o'afraid. >>> john and the news desk. >>> the heat did one thing. that humidity something else entirely. that hot air ba

abc's brian ross broke the story of this new warning which comes just weeks before the 9/11 anniversary. good morning, brian. >> that's right, robin. good morning to you. this latest intelligence report focuses on concerns that terrorists are trying to gain recruits inside major u.s. utilities. hundreds of chemical plants, oil refineries and power plants in this country provide a tempting target for terrorists, especially if an insider helps. >> there are a lot of very sensitive facilities where someone can get a job on the inside. can get access to a control room, flip a switch, which causes an elececic power grid to short-circuit, causes a pipeline to explode. >> reporter: the homeland security intelligence report issued this week, insider threat to utilities, warns that violent extremists have, in fact, obtained insider positions. >> if someone were determined and had the right access, the amount of damage that they could inflict could affect thousands of lives. >> reporter: the u.s. was stunned last year after the arrest in yemen of an alleged american recruit to al qaeda, sharif mo

abc reporter brian ross tried to question her at that rally today in south carolina.asked her whether she missed a house vote because of this and she refused to answer. he followed her into a parking area behind the stage and according to time reporter michael crowley who watched this unfolding, the aides grew alarmed. when he made a bee line, they pounced on ross, grabbing him, pushing him. he said he had never seen a reporter treated roughly at a presidential campaign event. cnn spoke to him. >> they were man handling and pushing him. at one point looked like they were holding him back and pulling him away from her and he was trying to ask her the question. she just ignored the question. he repeated it over and over and she ignored it and got in her car and drove away. brian told me afterwards that i asked him immediately, did he think that was unusual and inappropriate to have that kind of treatment? he said that he had had that kind of treatment before, but it was by mafia people. they confirmed crowley's could of what happened. they said ross was repeatedly asked

brian did not address the threat of protests and said she didn't know why there weren't two signatures, ross thinks he knows why. >> i don't think they knew about the graphic signs or anything like that. they didn't realize that they would be protests, too. >> this local activist opposes abortion and says enter price was warned there would be protests if the contract went through. >> they'll lose tranquility. their piece. -- peace. and businesses will lose business. period. >> now, there is a legal challenge to the clinic permit from a lawyer in orange county representing a group opposed to the clinic, warning of significant, continuous protest autos folks from outside of the community are objecting to services being provided here for people here, who need care. >> well... there is yet another twist to this story. enterprise saying they know why their local office here never finalized the contract. the reason why there is only one name, they say planned parenthood revised the original contract, approved by the plan gsing commission in may to extend the lease on the parking spaces beyond ente

brian. >> stephanie gosk starting off our reporting with the wild day in london, thanks. >>> we're joined in the studio by andrew ross sorkin of "the new york times" and he wrote the book that popularized the phrase "too big to fail" about the financial meltdown and he's the new co-anchor of "squawk box" on cnbc. i know people like me have been asking people like you for days, how big does this get and what about coming to these shores? >> at the moment it's still contained in the uk. the census is it could spill over only, and i say only, in the allegations -- and the allegations are and the fbi is investigating, whether the company hacked the phones of 9/11 victims. there's a view that if that was truly the case it would change the game. the fcc could pull their television licenses, advertisers could pull their money. viewers could turn away and just the way they have, frankly, in the uk. until we get to that point it's probably contained to the london world. >> a devil's advocate question. a lot of people and some of the on-air analysts were watching and asking over and over, how could he not have known? but if yo

leader vogel strong, brian vogue wins his eighth of the season and got some help. check out cody rosslexing his gun, cutting down rickie weeks at the plate. got him. schierholtz goes the other way. in comes aubrey huff and jeff kep. nate 3 for 4 with two rbis. go to the eighth. how about a little insurance. an rbi single and the giants win it 4-2. they will try to win seat russ today at 1:00 before heading to the white house on monday. a perfect day for baseball at yankee stadium. over 100 degrees. a's down 1 in the third but josh willingham takes care of that. see ya, two-run shot off burnett. 2-1, a's. bottom of the six. oakland up two until former a nick swisher burning his old team again. and taking a beating, their old team, how about hideki matsui, the former yankee. a's beat the yankees for the first time in twelve games, 4-3, the final. >>> can you believe it's been 30 years since the 49ers won their first superbowl? last night at their facility they celebrated the beginning of the dynasty with an outdoor showing of superbowl xvii. it brought back a flood of memories for every

ross stores boosted their earnings guidance. so the concern is the strong sales may have been rooted in deep discounting, which hurts profits. but analyst brian sozzi believes margins at most stores are improving, thanks, in part, to falling prices for cotton and gas. >> i think what might be setting up-- it's not priced into the stocks yet, but what i call a retail earnings bonanza, where you are seeing the consumer continue to go along slowly, sluggishly, but costs starting to come down. >> reporter: as a result, sozzi expects retail stocks to continue to power higher. his two favorites are nordstrom and wet seal. >> nordstrom-- i like the valuation there. i think they are gaining share even from a saks. the valuation on saks doesn't excite me. on wet seal, their merchandise is very correct. some of the key competitors to wet seal, such as american eagle or aeropostale, their merchandise is not correct. >> reporter: june is typically the second biggest shopping month of the year. but some analysts think july will be a more important barometer of consumer spending. not only is it the start of the back-to-school season, there's also less disc

kind of the queen's brian may talks to us in a less than ten minutes time but first it's business up i've covered. i welcome small business report here nightly thanks for joining me ross is looking forward to expand its participation program to spur economic growth deputy prime minister english of all of laid out the new plan in an article in the bed in a sneeze paper he suggests to fully private eyes fourteen state companies by two thousand and seventeen however according to the plan the government will keep controlling stakes in infrastructure companies like a russian old railways and transnet now to discuss the issue i'm joined by barry is editor in chief of business new europe magazine thank you for coming to the program and now oh why are we seeing more companies on this product additional arrests all of a sudden yeah i mean i think this is the list for the time that expanded list in as many months i mean they coming up with more and more of the idea of the privatization was floated last year with initially ten companies but now i think we were over twenty companies i mean the number amount of money they're going to raise it's gone from someone thirty billion to