i'm randall pinkston in chatham, massachusetts. i will have that story. >>> i'm meteorologist lawrence karnow in the cbs 5 weather center. we started out with fog and low clouds. a lot of sunshine by the afternoon but we could have the heat up by labor day. we will talk about that coming up. ,, 3q copd makes it hard for me to breathe. but with advair, i'm breathing better. so now, i can join the fun and games with my grandchildren. great news! for people with copd, including chronic bronchitis, emphysema, or both, advair helps significantly improve lung function. while nothing can reverse copd, advair is different from most other copd medications because it contains both an anti-inflammatory and a long-acting bronchodilator, working together to help you breathe better. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if

it's back to business as usual as at a candy store in chatham, massachusetts. >> i'm glad it's gone andhrilled that the weather is as good as it is and hopefully people are still around. >> reporter: north carolina, tourists are returning to cape hatteras. there was some beach erosions on long island, but it was minor. in massachusetts, earl's punch was so gentle that officials didn't send out a damage assessment team because there was no major damage to assess. a new definition of a perfect storm. randall pinkston, cbs news, chatham, massachusetts. >>> it looks like it's about to salvage summer with a good weekend forecast. >> wouldn't that be nice? it's been a summer in the bay area, cooler than normal, but folks, some heat shortly. we did have patchy fog and some cool numbers by the coastline and the patchy fog returning to the beaches, but for the most part, right now, clear skies inland and i think that's a sign of things to come. it looks like high pressure is going to build in here ever so briefly. but enough to bring us a pretty nice weekend out of it and salvage things as far a

he is in chatham. dean, good evening. >> reporter: good evening, erica. well, they've established shelters now on cape cod, and for those others who've chosen to remain in their homes, they're being urged to stay there as this storm comes ashore late tonight. at the first drop of rain this morning, merchants on cape cod's main streets began boarding up. in chatham, sally davis protected her gallery. >> i'd rather err on the side of caution than have the whole thing go. >> reporter: hotels lost some bookings. >> we have 26 rooms and i've had eight cancellations. >> reporter: but as earl was losing steam, downtown traffic was gaining cars, a sign that most people intended to weather this particular storm and carry on with their labor day weekend. you're just going to ride it out? >> hopefully it's back to the beach. >> reporter: but they still believe this is going to be a very long night here with high winds, torrential rain, and damaging storm surges. erica? >> hill: dean, thanks. overseas, a developing story in new zealand where a powerful magnitude-seve

: here in chatham, massachusetts and all of cape cod, earl is just starting to move in for the night. the outer bands of heavy rain and winds, effects being felt at this hour. certainly will be throughout the night. the brunt of the storm will be felt most. the island of nantucket, that storm to the east of nantucket. will have hurricane-force wind gusts all throughout the tonight. more a tropical storm effect could be a warm nor'easter many are calling it. certainly nonetheless a serious storm that could cause a lot of damage, downed trees and possible power outages. many of the people who live here year round, as well as vacationers leading up to this labor day weekend opted to stay on cape cod. many of them on the island of martha's vineyard and nantucket. they will be hunkering down for the night riding out this storm. there are shelters activated in place ready in case others need to take cover. back to you. >>> and we are going to get a better look soon at the key piece of drilling equipment which caused the largest oil spill in history. bp's underwater camera today showed the w

in chatham, massachusetts, michelle franzin, nbc news. >>> doctors told her last friday they did not think officer todd would make it off the operating table alive. nicole young spoke publicly for the first time today since her husband was shot twice while trying to serve a warrant in oakland. she said he called her in the minutes after he was shot but didn't let on how bad things are. doctors say he's still under heavy sedation and will likely require one more surgery but say his prognosis is good. >> i talked to him but he is sedated. but i talk to him every day, all day. >> when he's conscious what's the first thing you're going to say to him? >> that i love him and i want to bring him home to our kids. they miss him. >> the man accused of shooting officer young, andrew barrientos is back in the bear area and he'll be in court on next tuesday. barrientos was picked up in san diego trying to cross to mexico the day after the shooting. >> the coast guard rescued seven boaters after they were stranded overnight in the bay. the boat ran out of gas around 10:30 last night and ran agrou

we find dean reynolds in chatham tonight. dean, good evening. >> reporter: good evening, erica. well, don't be fooled by the beautiful weather on the cape. they know what's out there, and they-- the word along the shoreline is "leave," and preferably "leave now." sailors were lining up to haul their boats ashore as hurricane warnings went up the flag poles along the coast. is this a potentially dangerous storm? >> absolutely. >> reporter: heavy rain and winds up to 75 miles an hour are expected in seashore areas, meaning that the two bridges on and off cape cod will be closed once the storm hits. if they close those bridges, are people marooned here? >> they'll have to turn around and come back from where they came from. >> reporter: now officials are concerned people will wait until the last minute to leave and be stuck in a traffic jam so large they'll be sitting in it when the storm hits late friday or early saturday. erica. >> hill: dean reynolds, thanks. let's turn now to our cbs news hurricane consultant, david bernard, chief meteorologist at cbs 4 miami. hurricane earl wi

for "nightline," i'm linsey davis in chatham, massachusetts. >> stay safe, linsey. we'll track the storm throughout the night on abcnews.com and much more in the morning on "good morning america." >>> when we come back, southern grub. we dig into one of the richest food traditions on earth. and that means more than just mind-bloefing barbecue. welcome to the world of lovaza, where nature meets science. if you have high cholesterol, high blood pressure or diabetes, you may also have very high triglycerides -- too much fat in the blood. it's a serious medical condition. lovaza, along with diet, effectively lowers very high triglycerides in adults but has not been shown to prevent heart attacks or strokes. lovaza starts with omega-3 fish oil that's then purified and concentrated. it's the only omega-3 medication that's fda-approved. you can't get it at a health food store. lovaza isn't right for everyone. tell your doctor if you're allergic to fish, have other medical conditions and about any medications you're taking, especially those that may increase risk of bleedin

this sign in chatham said it all. so hurricane earl is gone, having left behind clear skies and few memories. anthony. >> dean reynolds in chadam, massachusetts. hope you goat have a great weekend there. a state of emergency has been declared on new zealand's south island after a major earthquake struck christchurch. more than 100 billions were badly damaged. at a book signing in ireland, tony blair received a rude reception from protesters who threw eggs and shoes at the former british prime minister. blair's new mem wrors a bestseller, but as elizabeth palmer reports, the reviewers are divided on the man himself. >> reporter: tony blair is a man both loved and loathed. as he arrived at a dublin bookstore, police had to fight to keep his protesters away from him, while nearby, devoted fans lined up for a signed copy of his book. >> tony blair has been a great man for this country. he's a great politician. >> well, don't go out, children, because the grinning ego maniac is back. >> reporter: this memoir is an insider'

we begin with michelle franzen in chatham, massachusetts on cape cod.ichelle, good morning. >> reporter: good morning, lester. minimal damage reported and no medical emergencies. at this hour reported. it looks like the cape and nantucket really faired well through earl. in the end earl's spin no worse than a classic nor'easter. earl proving even as a category 1 hurricane, he had enough punch left to pound the coast of nantucket. the island received the brunt of the storm with earl carving its path east of nantucket. not far away on cape cod, heavy rain and whipping winds left their mark. but even the power of earl was no match for this bride and groom. margo and hugh married at the chatham bars inn, determined pot to let a hurricane spoil their special day. >> it will also be memorable. it's given us plenty of challenges, but nothing stopping us. >> reporter: or their happily ever after. >> i hope not. we had a whirlwind romance, but maybe another hurricane just throws some, i don't know, some excitement to it. there is a strange excitement with a hurr

boat owners in chatham harbor scramble to move vessels out of harm's way. all of cape cod along with nantucket and martha's vineyard now bracing for hurricane earl. locals like fred bennett are taking notice. >> you have to pay attention. i didn't get to be 74 without paying attention. >> reporter: it was calm today on the vacation island of nantucket, but earl is expected to pack winds between 75 and 100 miles per hour, a threat to trees and power lines. in hyannit, emergency crews loaded trucks trying to get ahead of the storm before it hits, but the threat of earl did not stop visitors from traveling to the island while they still could. >> i was here for hurricane bob. i think that was the last time they expected this big of a hurricane. i think my timing is appropriate. >> reporter: meanwhile, residents like howard franzblau are not taking any chances. he moved to the cape from florida five years ago. unlike many who plan to ride out the storm, franzblau is leaving. >> when you have been through a number of them, as i have, you learn to be very skeptic

we begin with linsey davis, who was up all night, weathering the storm in chatham, massachusetts, on cape cod. good morning, linsey. >> reporter: good morning, bianna. i know the sky looks kind of ominous behind me. the water has calmed down considerably. and the really good news, there's nothing but blue sky. we are starting to see sunshine come in this direction. many people are waking up here this morning saying, what storm? and i changed my labor day weekend plans for what, exactly? cape cod has weathered nor'easters much tougher than earl. the winds and waves swelled for several hours friday night, pounding the new england coast with what was billed as the roughest summer storm in nearly 20 years. just before midnight, it was downgraded from a hurricane to a tropical storm. but from where we stood, it was hard to tell. it's just a little bit after 11:30 at night. and what a difference here. the rain, the wind, the surf, all really picking up. and that's with earl still about 90 miles southeast of here. we're expecting it to arrive in about two hours and really get the brunt of i

. >> lindsay davis, abc news, chatham, massachusetts. >> a reason to be grateful this labor day weekendack there. wasn't so much. >> yeah, absolutely. right now -- yesterday about 100 miles east of nantucket. they got 40 mph winds, an inch half rain, more like a nor'easter. not bad. our weather really is going to be beautiful today. we have fog this morning. looking outside with this morning's temperatures in the 50s. we're gonna look for a warming trend for the end of the holiday weekend. i'll tell you how warm it's gonna get next. >> also next, barry zito continues his late season struggles as the giants miss out on another opportunity. larry beil with the highlights. a >>> welcome back, everybody. how about a look at lake tahoe on this saturday morning. it looks fantastic. it's going to be a great day up there today. do you know what they're talking about for next week up there? >> no. >> snow. snow! didn't have much of a summer. autumn now, winter? >> behind this little warm-up that's coming for labor day, big cooldown. big, big cooldown. >> that would be really big if we got snow.

. >> i can say, chatham represents end-users and small companies to large companies using derivatives. and that is generally the response. i don't -- i don't even know of any that would actually be running the treasury as profit centers. there probably are. i certainly don't ask a question. but this is -- this is exactly i think what she would find across pretty much all of the end-user community. that's a very fair representation. >> other questions? >> there seems to be a fair amount of diversity in this group in terms of how you use derivatives. and i wanted to just ask you a little bit about how maybe -- what sort of guidance we should give the agencies and how they should define commercial risks and for such a critical component of coming out, from the clean exemption from the msp definition, you know, commercial risk is in a sense the key to the extent there is an end-user exemption in the dodd-frank act. it is certainly one of the keys to it. do you think -- and it appears that the agencies seem to be taken the view that maybe there's a difference between financial risk of mana

i know that chatham has been -- it will be hard to exaggerate the help that chatham provided during the entire legislative process cons to provite to the chamber and understanding what is really a complex area. if we are getting anything right. we appreciate your entire team and you're leading this panel today. >> thank you very much. thank you, david. we have a great panel here today of people that are operating right at the place where the impact from the statutes will be the greatest, certainly in the end user category so what we wanted today is to have an opportunity for the people that are experiencing these changes, exactly how it is impacting them. so let me introduce the folks of the panel here. we have verrett mims. we have christine mccarthy. executive president, corporate real estate, sourcing alliance and treasury at the walt disney company and we have tammy evans, the director of global funding, investments and foreign exchange at i.b.m. and we have mitch bleske, the assistant vice president and chief investment officer and treasury manager for trustmark corporation. i woul

. >> over 75 to 100 miles an hour in chatham. not worth the risk. >> reporter: there may be a state of emergency in massachusetts but there is no real sense of urgency yet. tourists strolled ashore and peered into the distance for an early glimpse of the big storm to come. what are you doing to be prepared? >> water, candles, food, ice. >> reporter: and while those along the shore on cape cod are being urged to leave, many are staying put and looking ahead to earl's departure. you are going to ride it out? >> hopefully back to the beach. >> reporter: while early has been downgraded to a category 2 hurricane, that still makes it the strongest storm to hit new england in 19 years. >> dean reynolds on duty in cape cod this morning. thank you so much. >>> turning to more breaking news out of miami. the main airport is open this morning. it was shut down overnight after a suspicious package was found in a piece of luggage. cbs news correspondent bob orr joins from us washington with the latest. good morning. >> good morning. holiday w

dean reynolds is in chatham, massachusetts, to assess the damage there. dean, good morning. >> reporter: good morning, chris. it appears this could have been a lot worse with only a few minor power outages and some isolated flooding. it appears that earl turned out to be a very gentle hurricane. it brought rain and wind, but in manageable portions because the colder water was encountered, as it steamed north, zap ped it of its strength. while colder air sent it swirling in a more easterly direction. seas churned with 15-foot waves off cape cod in some places and winds reached 75 miles per hour, but mostly the breeze off the sea moved at a 30 to 40-mile-an-hour clip. earl drenched shoreline communities from north carolina to maine in the last 36 hours and most swimmers were kept occupant of the water due to dang dangerous rip tides, but for many the storm was weak enough to go outside and watch in person. >> really the first hurricane i've ever been in or like really even heard about. so it's really interesting. >> reporter: a beach goer in new jersey was

during obama's victory in 2008, and against him is challenger robert -- republican state senator from chatham, the seventh part of the district, and jeff parker, tea party member and independent businessman from the danville area. this race is getting a lot of national attention because republicans see periello as one of the most vulnerable democrats in congress, he represents a somewhat conservative district and he voted in favor of obama's major initiatives -- health care, capt. trade, stimulus, so on. and two years ago he was elected by the smallest margin of any congressional race in the country. they think -- the republicans are seeing this as a pickup but democrats, however, say tom perriello is a fighter, very tough campaigner and because he supported the same initiatives that he is getting support of national democrats just like national republicans are trying to taken down. in 2008, perriello, a young lawyer from charlottesville, he challenged a six-term conservative republican and beat him by 7 1927 votes. this is the closest margin of any race that year in congress. some people say