she tells cnbc it's all a lie. our brian schwartz is here he's the one that spoke with sharon osbourne and broke that story. the accusations and the lies just piling up it all just crumbled >> if all crumbled today after a crazy week of news involving ozy media and carlos watson. and really this has been going on with these stories. one of them as you mentioned we kind of figured out by just going back and looking at the tape and then of course "the new york times" mentioning a bunch of other really kind of blatant lies here involving ozy media and their ceo carlos watson among other executives really when you think about it. >> could these media executives be in big err why trouble? >> well, i think they could. after we wrote the story i reached out to two or three lawyers who really specialize in the securities and exchange commission, kind of dealing with them for their clients, and they basically told me this could be a big problem, not just what he said about sharon osbourne and ozzy osbourne but that being on

that's what's topping cnbc's on the money. the battery manufacturer lg chemicals agreeing to reimburse general motors up to $2 billion. the reason, to cover the cost of recalling the chevy bolt vehicles over fire risk caused by its faulty batteries. that money will cover most of the cost of fixing the cars, including replacing those batteries. >>> all amazon workers won't have to go back to work at the office in january as previously planned. now the company reports it will allow individual teams to determine which work best for them many may be hybrid. >>> heinz capitalizing on ketchup used as a costume plot for halloween. the company rolling out this special edition blood ketchup and costume kit. it's regular ketchup with special packaging. with a new tag line, if you have heinz, you have a costume. >>> on wall street, the dow down 118, s&p down 11, nasdaq down 20 >>> i'm shepard smith on cnbc. it's the bottom of the hour, time for the top of the news aspirin no longer recommended to older adults after years of it being push

a new documentary premieres on cnbc tonight it's called "generation gamble."eration of investors and gamblers. >> i could tell you with certainty that i didn't want to liveat if i did leave, i pa the only purpose for me to live was to pay off my debt so that if i did leave, my parents wouldn't have to deal with it. >> it was at that breaking point david checked into one of the top gambling rehabs in the country. how common is david's story? >> oh. all time, that's what we see it's nonstop we have so many people that are desperate for help >> this is the director of the gambling program here. >> in the beginning we saw the traditional gambler, the casino goer, the card players and i will say in the last, between five, seven years, we definitely see an influx of youngsters, ages between 18 to 35, that are heavily engaged in in online sports betting or even online card playing. >> now they're also treating people addicted to day trading and cryptocurrency, both of which boomed along with sports betting when people were stuck at home during the pandemic. dr. fong

shep >> bob pisani dropping cnbc stuff.>>> who's richer than bill gates and warren buffett combined? that's what is stopping cnbc's "on the money. elon musk's network is now $230 billion. that's as much as the microsoft founder and oracle of omaha's money put together that stat from the billionaire's from bloomberg index buffett's number 10 with $102 billion. the disney ceo is asking his deputies to explore potentially spinning off espn. that's according to reporter dylan byers. the reason -- linear television is shrinking, not growing. the report say analysts see the world where the worldwide leader as a separate business could be better for everyone. >>> and nokia, bringing back one of its classic phones fondly remembered as a brick. it will mark the phone's 20th anniversary. nokia said the updated phone will look similar and include the '90s classic game snake. it will also have that same amazing battery. nokia said it will last weeks between charge, just like the original. >>> on wall street, it's all green. the dow up

cnbc's seema modi now.ynch to the top, seema >> reporter: shep, she's a less familiar name in corporate america. they're credited her pandemi response and a rollout of a vaccine across the country while also trying to disrupt an industry that is not known for being cutting edge a number of female leaders in health care made the list this year walgreen's ceo rosalyn brewer. health care insurance carrie anthem saw the ceo as number 7 pfizer's angela wang who played a significant role in getting the company's vaccine to market and making it a financial success, also known for her promoting diversity and calling on lawmakers to address the rise of anti-asian discrimination during the pandemic. >> such a wide diversity gap there has been progress in this year's list, right >> reporter: yeah, that's right. for the first time two black female ceos, brewer and thacinda brown duckett. they're two of four black female ceos to ever lead a fortune 500 company. both known for their accomplishments in their respective in

cnbc's perry russom live tonight near boston. perry, the weather service says wind gusts are a real concern? >> reporter: yeah, shep, this is more of a wind event than a rain event for us right now we are in revere, massachusetts, as you mentioned, the north shore of massachusetts about a 15-minute drive north of boston. we were measuring wind gusts earlier today of 20 to 25 miles an hour. pretty sustained at that right now. we have a map we can show you some of the expected peak wind gusts overnight and into tomorrow we are talking 50 plus in boston proper 60 plus on nantucket and then, 70 plus in p town all the way at the top there of cape cod. tonight, they have shut down ferry service. no more ferries going to and from nantucket no more ferries going to and from martha's vineyard and previous storms from previous years that were equivalent to this with wind, that has stretched days of no ferry service. we will keep an eye on that. so, with this storm, we are expecting trees to come down, power lines to come down, power to go

on cnbc. it's the bottom of the hour.e top of the news >> more legal trouble for the former south carolina lawyer accused of hiring a hitman to kill him the new charges involving the death of his former housekeeper. >> reigning in big tech. new legislation on capitol hill that has support from both parties. >>> but first, bottlenecks and supply chain problems starting to make americans feel the pain at the pump. according to data from aaa, gas prices are higher than they have been in seven years. and rising look at these numbers. last year, the national average for a gallon of regular was $2.18. and now, it's just shy of $3.30. that's a 50% jump in just 12 months in some parts of the country, we're paying as much as $5 a gallon, like new york city and to make matters worse, analysts say they expect heating bills to rise. cnbc's seema modi on the pain at the pump as winter nears >> crazy >> you shouldn't really be paying $5 for gas. you know it's a lot >> at this midtown manhattan gas station, customers we spoke to say the

follow us on instagram and twitter at the news on cnbc.n apple, spotify or your favorite podcast platform everything you've seen me do was made possible by what you don't see. cause when you're not looking, i go to work. ♪♪ strength isn't a given. it's grown. it's earned and tested. ♪♪ we all have the strength to see what's possible. it's up to us to unlock it. tonal. be your strongest. >>> it is 5:00 a.m. at cnbc global headquarters and here is your top five at 5:00. the fda giving the green light to moderna and johnson & johnson for their covid-19 booster vaccines now it's on to the cdc. >>> former president donald trump following through on his promise to take on big tech with a social media network of his own. >>> tracking bitcoin, hitting an all-time high one day after the first crypto etf makes its wall street debut but some of the street say there'

i'm shepard smith on cnbc.e hour, time for the top of the news >>> backlash over vaccine mandates protesters taking to the streets as business leaders make a request of the white house >>> covid long haul, top doctoring reevrlg troubling details on lasting impact from the disease. >>> and crisis within facebook thousands of new documents fueling the fire engulfing the company. >>> outlines publishing article after article after sifting through what's called the facebook papers. the internal documents, the detail issues that reach every corner of fischer's operations they expose internal anger over the company's policies, problems with misinformation and the violence its accused of fanning in other countries the frve ceo mark zuckerberg is defiant in the company's quarterly earnings call today. >> good faith criticism helps us get better but my view is what we are seeing is a coordinated effort to selectively used leaked documents to paint a false picture of our dp. >> but some of the facts exposed by the docume

editor of platformer and cnbc contributor.ld uk lawmakers today when she testified that facebook is making hate worse does the company still have the ability to solve these problems that it's creating online? or have they just lost control >> well, i think there are any number of places around the world where they clearly have lost control or, at the very least, they haven't built the systems and put them in place so that they can detect surges in hate speech. in fact, as i reported today, there are a number of places where facebook, itself, doesn't even speak the language even though its users very much are using those languages to say, who knows, right we don't know. at the end of the day, hate speech is not a problem we can solve at the level of facebook it is he a societal issue but i do think there are reasons to be concerned about how this issue is playing out all around the world. >> casey, a lot of the recent criticism hinges on decisions that mark zuckerberg made, himself. what's the pressure like on him now? >> well,

follow us on the instagram and twitter @the news on cnbc. all t the baby steps. maybe it's a jump or eating something green. or taking mom to get that vaccine. ♪ healthier means bringing stuff to the folks ♪ ♪ that really need it. ♪ ♪ like help at 2 am or care that's right at home. ♪ ♪ believe it. ♪ ♪ and caring for them all means ♪ ♪ we're doing healthier right. ♪ ♪ so, let's do it all together people, ♪ ♪ 'cause this is what healthier looks like. ♪ >>> it is 5:00 a.m. in new york, 2:00 a.m. in palo alto, california here's your top five at five facebook's mark zuckerberg slamming the onslot of reports hitting the reputation of his company as investors wait to see if all of it may actually hurt earnings. >>> $1 trillion and beyond as tesla becomes the latest member of the 13 digit club, now more valuable than every other car maker in the world combined. all this as a regulatory cloud looms for musk and company. >>> former president

cnbc's kate rooney replace taxes?s this work >> the mayor is betting that miamicoin will set the city up for that lofty goal. it was born with a nonprofit called city coins. according to its founders, anyone can download the software, hop on a computer to mint those new coins the miner keeps 70% of the profits and the rest goes straight to the city's wallet. miamicoin also trades on an exchange, so people can invest in it. this one hit an all-time high of just around 5 cents. it is the first and so far the only test case of this idea. but since august the cryptocurrency has brought in just over $10 million for miami. that's more than three times what officials say they forecasted the city's mayor and a bitcoin believer, frances suarez, says at the current pace it could bring in as much as $60 million for miami and eventually subsidize or even replace taxes. but he says miami is still holding the coins in escrow for a couple of months he says they're doing more due diligence before miami can start spending these coins.

cnbc's seema modi now.she's a less familiar name in corporate america. they credited her pandemic response and a rollout of a vaccine while trying to disrupt an industry that is not known for being cutting edge a number of female leaders in health care made the list this year walgreen's ceo rosalyn brewer. anthem saw the ceo as number 7 pfizer's angela wang who played a significant role in getting the vaccine to market and hwang known for promoting university and asking them to stop antiasian discrimination. >> such a wide diversity gap there has been progress in this year's list, right >> yeah, that's right. for the first time two black female ceos, brewer and thacinda brown duckett. both known for their accomplishments in their respective industries and their efforts to try to advance women of color and paying it forward what's interesting is five of the women in the top ten took their jobs during the pandemic to join a company in the midst of a crisis with little clarity on what could happen next. "fortu

this is "the news" on cnbc the white house pushing a new spending plan. >> no one got everything they wanted, including me >> what's in, what's out, and what's it going to take to get everyone on board? >>> a large number of cops and firefighters refusing to get the shot in america's largest city. >> we will hold the line. >> the looming threat to public safety if they decide to walk off the job. >>> a criminal charge filed against the former governor of new york, andrew cuomo what we know about the sex crime-related complaint. >>> grilled on capitol hill. big oil facing hard questions from lawmakers. >> do you agree climate change is a threat to our existence >> the blockbuster hearing on climate disinformation. >> any suggestion that chevron is engaged in an effort to spread disinformation is simply wrong. >>> flight diverted after an assault in the sky >>> the hypersonic missile threat >>> and from dad biod t superspreader, the new words just added to the dictionary >> announcer: live from cnbc, the facts, the truth, "the news" with shepard smith. >> and good evening. we begin with

at cnbc global headquarters.or earnings reports from j&j, netflix and more >>> and gaming, a scathing new report targeting robinhood and competitors for what they're doing to the retail investing landscape. >>> and alibaba taking the chip shortage in its own hand. >>> face

that's what's topping cnbc's "on the money. u.s.highest level in seven years 78 bucks a barrel. the reason opec and its allies decided not to accelerate production increases. this despite rising demand and calls for more supply from the u.s. officials the rise in crude oil prices could send gas prices even higher. >>> airlines around the world expected to lose a lot less money next year. an industry group now says losses will narrow, close to $12 billion in 2022. that's less than a quarter of the losses forecast for this year the outlook for 2023 is much better they predict business travel fully recovers and airlines turn a profit. >>> hungry well, here's a new one a cinnamon bun flavored snickers bar. it's the newest flavor from mars wrigley. the company that produces snickers the only catch the cinnamon bun snickers sold exclusively at walmart starling this month >>> on wall street the dow down 324 s&p down 57. and tech got crushed the nasdaq down 311. more than 2% >>> i'm shepard smith on cnbc. it's the bottom of the hour. time f

this is the news on cnbc >>> vaccines for kids. pfizer seeks approval for younger children, but when could we start seeing shots going into little arms. >>> 18 former nba players indicted in a massive health care fraud scheme. >> in total, defendants have attempted to bill the insurance plan close to $4 million. >> the details, the charges, and how officials saythe athletes got caught >>> the search for brian laundrie his family's lawyer has a new statement on his whereabouts, as brian's father joins the manhunt. >>> walker hayes on his hit song, his brand new remix with kesha. what it's done for applebee's sales and the viral explosion that almost never happened. >> it was my daughter's idea. >>> a new cyber gang on the rise fixing our global supply chain and the big business of launching low-cost satellites in space. >> announcer: live from cnbc, the facts, the truth, the news with shepard smith >>> shots for kids here we go pfizer is officially asking the fda to approve its vaccine for children as young as 5 for a lot of parents

this is "the news" on cnbc >>> pandemic game-changers merck requests emergency use for its antiviral pill, as astrazeneca says its new drug both treats and prevents covid >>> southwest airlines cancels more than 2,000 flights. >> why didn't they cancel them sooner or try to reschedule them >> people left stranded and furious. >> i have about $4,500 charged on my card for all of the different hotels, ubers. >> what's to blame for the disruptions, and is holiday travel at risk >>> pretty incredible. it's like out of a movie. >> a navy engineer and his wife charged with espionage, accused of trying to sell nuclear submarine secrets in a peanut butter sandwich. >>> nba superstar kyrie irving said to miss hannigan games because he won't get the shot. >> not playing games. >> the fallout from the decision and how much money he can lose. >>> the fear of flooding hits china. >>> the u.s. opens talks with the taliban. >>> and the massive solar flare set to hit earth >> announcer: live from cnbc, the facts, the truth, "the news with shepard smith." >>> good evening, america could have a new an

this is "the news" on cnbc. >>> americans kidnapped in haiti. missionaries and five children taken by one of the country ice most notorious gangs. >> it is like living in a war zone. >> fbi agents on the ground as friends and family bought for answers. >> the world lost one of the greatest leaders that we have ever witnessed. >> colin powell, a four-star army general, the first black secretary of state and chairman of the joint chiefs. his life and legacy and what general powell called the one blot on his record a last-minute deal keeps cameras rolling in hole would, but for how long the terms of an agreement many union workers say is still not good enough. a new intelligence gathering cell from the biden administration the details of a plan to monitor the movements of migrants headed to america testing new york city's response to a chemical attack exploring covid misinformation in a small texas town. and a nasa mission to explore the solar system's biggest mysteries. >> announcer: live from cnbc, the facts, the truth, "the news" with shepard sm

this is "the news" on cnbc >> we are far apart. or what they consider far apart. >> democrats divided progressives and moderates facing off over infrastructure spending >> our best interest is served by passing this bill today >> the internal political standoff with the president's entire economic agenda at stake >>> policing parents growing acts of anger. >> you right there, you clown! >> forcing school boards to ask for federal help why some are comparing the aggression to domestic terrorism. >> officers? >>> facebook playing defense on capitol hill senators hammering the tech giant over accusations it put profits ahead of kids' safety. >>> the state of maine leading the charge in making companies pay for their own recycling. >> we're faced with this cost they didn't anticipate >> the groundbreaking new law and the other states that may soon follow. >>> brain surgery to treat drug addiction. the cdc's urgent message to pregnant women and the american crocodile fights its way back from the edge of extinction >> announcer: live fro

david henderson now, civil rights attorney, cnbc contributor. david, how do lawyers approach a penalty phase as compared to a trial? >> shep, you know, the trial goes in two phases first question is, guilty/innocence and if a person is guilty, you move to the penalty phase. here, especially in a death penalty case, what you want to do is provide evidence of mitigation, that there are reasons to vote for life without the possibility of parole instead of death. >> so the jury will decide behind bars or the death penalty. how does that usually play out for crimes like this one >> it's tough to tell, shep, because it all comes down to what type of evidence the jury hears from this phase of the trial. they will hear from people affected by the shooting or expert testimony in regard to what the punishment should ultimately be. punishment should ultima you have to see how that breaks out to form an intelligent juries t opinion on what's likely to happen but i can say this, more and more it's difficult to get juries to sentence a person to death when th

that's next as we approach the bottom of the hour and the top of "the news" from cnbc. you could spend half an hour preparing for the half hour status meeting. orrr... you could cancel the meeting and share updates in slack instead. it's where your whole team is in one place so everyone can stay up to date. slack. where the future works. ♪ ♪ dry eye symptoms keep driving you crazy? inflammation in your eye might be to blame. [inflammation] let's kick ken's ache and burn into gear! over the counter eye drops typically work by lubricating your eyes and may provide temporary relief. those drops will probably pass right by me. xiidra works differently, targeting inflammation that can cause dry eye disease. [inflammation] what's that? [inflammation] xiidra? no! it can provide lasting relief. xiidra is the only fda-approved non-steroid treatment specifically for the signs and symptoms of dry eye disease. one drop in each eye, twice a day. don't use if you're allergic to xiidra. common side effects include eye irritation, discomfort or blurred vision when applied to the eye, a

congrats on that cnbc honor.>> thanks, it's a lot of people at palasade capital who get that honor with me. we work hard for our clients. >> you're very humble. that list will be on cnbc.com. let's talk about it, we have the top financial adviser on the show here, kicking it off this tuesday morning. you guys have just recently launch add new small to mid cap stock strategy why, and where in particular, do you see opportunity? because even though we call it small, it's actually a pretty big space. >> it is and, you know, so this is a category commonly referred to as smid cap so you're not quite at mid cap and you have a lot of small cap stock. so it's the 2,000 stocks in the russell 2000 and approximately half of the mid cap index but the smaller mid cap companies. one of the themes you and i talked about now several times is the importance of profitability. and we're seeing that right now with rising interest rates how important that is. the companies is that right not profitable the more speculative stocks have

now the technology product editor for cnbc digital. to the pixel 6. iphone killer or no? >> no. but the reason why is not that these aren't nice phones they look very nice. i just got them. very customizable. they have as you mentioned google's new chip which enables a lot of things. the reason they're not an iphone killer just off the bat is apple is very tricky to take customers away from because they create this ecosystem of products, the apple watch, air pods, mac, ipad that are all what i call, what the industry says are sticky products you buy the apple watch and it only works with an iphone. why would you then replace your iphone with a google phone you wouldn't do that because you have the apple watch google is up against that and its own partners it licenses androids a big money maker outside of advertising to people like your companies like samsung so at the same time itio is licensing software for samsung all over the world helping android run 3 billion devices so far more than the 1 billion iphones it is now competing more

cnbc has the story of a woman who can't wait to cross the finish line.body else. >> growing up just north of boston, she was one of the fastest around >> yes, i was very proud i was a track star in high school >> running the boston marathon was the dream. but she was running with a secret >> in high school, people didn't know i had cystic fibrosis because i didn't want to be known as the sick girl going around >> it's a progressive disease. where lung function declines as she gets older right now, her lung function is at 48% >> their struggle is very internal >> jessica garden was her physical therapist for years and remembers a conversation from 2018 >> she told me her goal was to run it in 2020 so i said you know what, if you do this, you know, if we work on this and if you prioritize your health and train, i will run it with you. >> for a year and a half, she trained, but the 2020 race was delayed and then went virtual. doctors said covid was too much of a risk. >> i was just really hurt because i worked so hard >> the cruelty of cf is it's genetic. a

you can always listen to us live to on the cnbc app. we are live right after this >>> we'll reveal the chart now and its just shy of 300 bucks. the price target 380 stephanie link, you own it in fact, you bought more on friday >> i did, i trimmed it a couple of weeks ago i make great money and it's down 7% and i like cybersecurity in general and the total addressable market is $354 billion up from $367 billion this year. they're taking share because they have price performance advantage in their products. they're moving upstream to the enterprise and they're probably going to grow earnings 20%, revenues north of that free cash flow of 20% which is better than its peers where they're growing free cash flow of 15% i like it. it's expensive i don't have many of these kinds of names in my portfolio and it's a total addressable market story that i like and i hope i'm getting it on sale >> josh brown has this in his portfolio. it's crowd strike, and i want you to listen to what joe terra nova told us about a week ago or so about crowd strike.

this is "the news" on cnbc >> i see 194,000 that is real low >> the jobs report misses. hiring slows >> maybe it doesn't seem fast enough we're going to make it faster. >> cause for concern or another bump in the road? >>> the committee investigating january 6th now threatening criminal charges against steve bannon as the white house blows a hole in the former president's legal strategy >>> anti-mask protest erupts parents on both sides of the issue losing patience. growing furious. tonight, inside the fight dividing a community >>> doses of fentanyl sold on snapchat the company cracking down on drug dealers using the platform after multiple children died from taking counterfeit pills. >>> a suicide bombing at a mosque kills dozens. >>> new york city ending gifted and talented student programs. >>> and the first verdict in a college admissions scandal >> live from cnbc, the facts, the truth, "the news" with shepard smith. >>> disappointing jobs data today, proving what experts have warned the economic recovery from covid will take time and we'll face setbacks definitely

at cnbc and here is your top five at 5:00.fe this morning as the fed talks about tapering in november the concern there. more bank earnings big bank the focus once again as we await results this morning from some of the biggest names. >>> the biden administration announcing ambitious alternative energy plans with a big investment in offshore wind. cracking down on the leakers the new steps reportedly being taken by facebook page following the fallout of the revelations by a f

. >>> i'm in for shepard smith this is the news on cnbc. >>> alec baldwin pulls a trigger on a prop gun, leaving one dead, another injured. >>>ed laundrie family lawyer, offering up new information, raising new questions about what the parents knew before brian vanished >> they tried to shoot me. >> alec murdaugh, on the night he allegedly tried to orchestrate his murder. >>> americans hit with a tsunami of shortages a deep dive into what is causing our supply chain nightmare >>> u.s. intel warnings. inflation problems hit the skies, but take a look at what might be the most expensive sneakers ever sold >> announcer: live from cnbc, the facts. the truth. "the news with shepard smith." >>> good even, a deadly tragedy on a film set rocking hollywood. after alex baldwin says his hard is broken after he killed a cinematographer. an attorney says it's too early to tell if any charges will be filed. the union for prop hammers says somehow there was a real bullet in baldwin's prop gun when tiffs fired. investigators have nod confirmed that yet the shooting killed the movie's head cinematograph

david henderson is here, cnbc contributor.. they have the chance to transfer this trial to another location, knowing everybody in this town knows all about it the fact that they chose to stay here means they knew something about this process and this judge. >> is it taking longer, the process than usual for a murder case >> for a murder case, absolutely even in a state like texas, most judges would give you a day, an average to pick the jury at this rate, they have to go another week, maybe two, just to have a pool big enough to start selection. >> this isn't about familiarity with the case. it's about a perceived bias that's already engrained >> that's right, shep. basically, you have to be able to sit and be fair and impartial to participate in jury service if you're the defense, you want people who identify as law and order people the tough part is, if somebody shows up for jury duty and you ask, can you follow the law despite the fact that you have opinions about this case, they're always going to say yes. another way that

this is the news on cnbc >> my republican friends need to stop playing russian roulette with the economy. >> debt ceiling drama in d.c. as a new path forward emerges what we know about the possible deals struck and the pressure to avoid financial disaster. >>> shots ring out at a high school. >> we're freaking out, just sitting on the floor scared out of our minds. >> after a fight between students. >> just gut-wrenching. >> four people injured, one suspect arrested what police say happened >>> a war of words mark zuckerberg responds after his former employee's bombshell testimony. how the founder of facebook is defending his company. >>> the college admissions scandal that rocked the nation headed to a jury for the first time now audio recordings of the alleged mastermind at the center of the scheme. >>> student loan forgiveness gets an overhaul >>> justice department's cyber crackdown. >>> denying organ transplants to people not vaccinated. >> live from cnbc, the facts, the truth, the news with shepard smith. >> good evening. maybe on the edge of a deal tonight, maybe, to raise the fed

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