we may end up in the hudson. >> all right. cactus 1549 it's going to be runway 1-3. >> unable. >>> just north of the george washington bridge with the hudson river. he passes the bridge just to the east and continues due south. >> i looked out the window and saw that we were below the roof tops of manhattan, and i thought this is not a good sign. we are not making newark. >> did sully look at you and say we're going in the water or did you both know that's where you were going? >> it was the only option we had. we were not going to make it to an airport. that was the only open spot we saw. >> if a pilot is forced to ditch, the faa has recommendations of how to do so. it comes down to wind and waves, or swells. >> in a perfect world, how would you land on the waves? >> depending on the wind and water, i would want to land parallel of the swells. you want to land on the top. you never, ever want to be able to -- this is a cross swell where you'll perpendicular in the water this way. >> what might happen? >> land in the face of t

but going back to the kaiser report time now to go to new york and speak with dr michael hudson dr hudson welcome back to the kaiser reports thank you very much all right dr michael hudson let's get into grace and your thoughts on greece what's happening well it says if finances become the new mode of warfare there the financial times reported that one parliament passed the agreement to surrender to europe it was done to the smell of tear gas in the sign of sirens and the wall street journal had a very interesting article saying well now it's time for them to us the parthenon sell off the greek islands this is what in the past you need an army to achieve what today is being done now financial aid so finance and bankers are the new army and instead of an army coming into seize the land which involves people dying you simply have the i.m.f. representatives and you buy out of the socialist party and tell them look just surrender give us your land give us your property this is phase two of the financialization progress program and i can't believe that this is going to actually succeed if a co

he look occupant his cockpit window and it all pulled together, a clean strip of the hudson river.arine craft new york barges, fuselages, gauged by him, all lined up. it worked. the plane landed successfully in the hudson river without major damage to the plane and without the loss of a single life. sullenberger's actions that day surely embodied the americ spirit, which inspires our nation. the president of the carolinas aviation museum where the airplane is now exhibited said this about planplane, the pilo and the performance -- sullenberger threal mccoy, genuine hero? >> oh, he's a genuine hero. everything in focus and brought that ane in with almost he was worshipped for. that he's is the kind of hero americans have been looking for in various was of @@life, and really just performedí it was absolutely amazg what nobody could believe he was able to do that. >> do you feel that this plane ought to be in the smithsonian nonumber one -- >> is it smithsonian? kind of lost where the -- >> i'm surised one of politil parties haven't john glen r for the senate after he became the firs

this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> susie: good evening everyone. interest rates were the hot topic around the world today. china's central bank raised its key short term rate this morning, the fifth hike since october. tom, china is trying rein in inflation. >> tom: susie, the trend of higher interest rates could continue tomorrow when the european central bank is widely expected to raise its rates as well-- the second such move this year. europe also has a growing inflation problem. >> susie: should american consumers, businesses and investors be concerned about those higher interest rates? suzanne pratt reports. >> reporter: for many of the world's largest economies, this is the direction that interest rates are going. central banks in china and europe are hiking rates to battle inflation pressures because that's their primary agenda. but, higher rate

"don't go to the hudson river. go to the upland and work by gravity." and that's what new york city did. they first went to the hudson highlands, but 150 years later, it went to the delaware highlands. and really diverted the water that normally went to philadelphia to new york city. i don't think they anticipated that. narrator: the majority of new york city's drinking water comes from watersheds in upstate new york. a watershed is the area of land where water from rain or snow melt drains downhill into a body of water. mountains act as a funnel to feed rivers and lakes. and in this case, reservoirs. in the new york city system, water is collected and stored in 19 reservoirs, which can hold more than a year's supply -- over 580 billion gallons of water. almost all of the system is fed by gravity, without the use of energy-consuming pumps. valves open to regulate the flow into the 85-mile-long delaware aqueduct -- the longest tunnel in the world. at hillview reservoir... the water is partitioned into another giant tunnel system. where it travels deep be

matt cain was pitching when orlando hudson -- 5 rbis for hudson in the last two games. andrea torres. eli whiteside to score at three. it stays that way with a runner on third. chris stewart, question, emmanuel burriss scores. mc hammer bobblehead day at the coliseum. he threw out the first pitch. 80s all weekend long. gio making his first start of the 2nd half, struck out eight in 7 shutout inning. he got all the run support he needed in the first inning. grand slam off pineiro. still in the first, weeks singles up. huge weekend for weeks. as win 9-1, take three out of four from the angels. >> wow, got to love clark. and mc hammer looks good. >> doesn't he. can't touch this. ,,,, meet beth, nursery school teacher. lights, camera, activia it's the best job in the world. my students are amazing. but to be there for them, you've gotta feel your best. kids can tell. that's why i love eating activia every day. so delicious activia helps me feel good inside. which helps me be my best... positive, cheerful and on top of things. help regulate your digestive system. love how yo

. 7th inning, andres torres, past a diving hudson, off matt latos.at three. the score stays that way until the 11th inning. emmanuel burriss score as go ahead run. brian wilson got the save. mc hammer bobblehead day at the coliseum. three out the first pitch. it was also '80s weekend. gio gonzalez making his first start of the 2nd half. he struck out eight in seven shutout innings and he got all the run support he needed in the first inning. jackson hits a grand slam off pineiro. still in the first, weeks singles. the 8th of the inning, a huge weekend for weeks. he reaches base -- times. they take three out of four for the angels. how about the boys in nascar. kyle busch lost control into the real. finished 36th and dropped to 5 5th in the sprint cup standing standing. carl edwards is the new points leader. jamiel weeks has a lot of history and he's red hot for the a. >> i don't know if clark would say yes, but can't you see batista, o'donnell, clark, on the cbs 5 golf tournament? he would have a blast with you guys. >> or take him fishing. i think y

facing orlando hudson in the third. he regrets this decision. hudson with a three-run bomb.line, 3 2/3, 8 earned, giants lose 11-3. a's a winner last night, today a scheduled double-header with the angels. game one, angels a 2-0 lead, aybar with a solo shot. 3-0 angels. now 4-2 l.a. in the 9th. tying run at the plate. crisp swings and pops it up, tough play before aybar on the mound, but he makes the play. game two, a's looking for a split. this game would go extra innings. scott sizemore, a chance for a hero. he delivers a two-out rbi base hit to right center and the a's walk off with a 4-3 win. they're now 4-1 at home against the halos. >> yeah, i got a good pitch to hit that first one, fouled it straight back. then got down 0-2. after that, just battle mode and he left a curveball up and i put a good swing on it. down the gap. of the claret jug. your leader is northern ireland's darren clarke. the last time he contended for a major was ten years ago. he misses by inches for eagle on 7. he's five under par heading into sunday. >> i am older, so i'm supposed to be wiser. i'

hudson and bellamy got engaged in april.even-year-old son, chris robinson of the black close. >>> and it's the end of the road for the 168-year-old british tabloid news of the cold world. final edition hit stands today and hundreds of people are now out of work. elizabeth palmer tells us controversy continues to grow, even as the publications pages disappear from the racks. >> reporter: rupert murdock arrived in london reading a copy of his now notorious paper. then smiled for the cameras as he headed out for dinner his british ceo. this is damage-control by a man who knows well how to manage his message. the phone hacking scandal has cost him one of his most profitable papers. yesterday evening staff leaving the news of the world for the last time put a brave face on the murdock decision to shut is it down. the news of the world was the best selling newspaper in britain. a cheeky blend of skin, scandals and got you journalism squarely aimed a british working people who enjoyed see l powerful taken down. but not families tou

this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> susie: good evening everyone. late today, the aaa credit rating of the united states was officially put on notice. moody's investor service placed the government's bond rating on review for possible downgrade. without a debt deal on capitol hill, moody's points to a "small but rising risk of a short-lived default" tom, that warning comes as the federal reserve says its ready to add more fuel to the economy if the recovery runs out of gas. >> tom: susie, fed chairman ben bernanke made that pledge during his semiannual congressional testimony today. that helped investor confidence, at least initially. stocks rallied sharply during the chairman's testimony but backed off those highs as the day wore on. by the close, the dow was up just 44 points, the nasdaq was up 15 and the s&p 500 gained four. >> susie: when it comes to

especially areas from new york city northward up through the hudson valley. downpour after another in the catskills. today some of those storms will still be around but the concentration won't be quite as great. still kind of humid out there. until we get the drier air in we'll have the chance of some showers. right now the only wet weather just some sprinkles coming out of the mountains of west virginia into the northwest portion of west virginia. we're fine from philly northward. dry for all of new england. there may be thin clouds. when the sun is out you'll feel it today. it's going to be warm. temperatures are going to jump. up into the 90s in most areas. d.c. expecting about 92. if you get clouds in the morning it's actually good. maybe that'll keep you a little cooler. buffalo, great. pittsburgh. all of upstate new york and new england, you're fine. with the moisture lingering in the i-95 corridor a 30% shower of storms from boston to hartford. d.c., a chance of a storm. here's your fourth of july forecast if you're joining us from the southeast. most

so that we can prevent any future shootings. >> that was ander hudson reporting. >>> an overnight shooting in san jose has sent three people to the hospital. officers were called to jeannie avenue on the city's east side, just after 11:00 last night. that's where they found two adults and a teenager who had been shot. san jose police are now investigating to determine if that shooting was gang-related. >>> tickets are planned this afternoon against u.s. airways at san francisco international airport. protesters want the airline to meet with the naacp about the deshawn marvin case. last month, marvin was removed from a flight and arrested after he allegedly refused to pull up his sagging pants. well, the naacp claims that this was a case of racial profiling. >>> get ready for longer waits at the courthouse. this morning, 200 superior court workers in san francisco received pink slips. and the layoffs are because of state budget cuts, which are expected to affect courts in other counties as well. and hardest hit will be the civil court. this will likely mean longer waits for procedures like

this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt >> tom: good evening and thanks for joining us. "come to the white house on sunday and bring your bottom line." susie, that's the message the president had for congressional leaders today on the negotiations to reduce the deficit. >> susie: after today's meeting, president obama said all sides agree on the need to raise the debt ceiling, but tom, he noted the parties are still far apart on a wide range of issues. >> tom: and on some of those issues, the president may be far apart from his own party. darren gersh reports. >> reporter: after what he called a constructive meeting with congressional leaders, the president declared it was time to start the hard bargaining needed to get a deal. >> everybody acknowledged that there's going to be pain involved, politically, on all sides. but our biggest obligation is t

this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt >> susie: good evening, everyone. american investors got an early start on fourth of july fireworks sparking a stock market rally. tom, investors were encouraged by a report showing u.s. manufacturing is still healthy even though the economy is weak. susie, the major stock averages posted strong gains for the fifth day in a row. the dow rose 168 points. the nasdaq added 42.5 and the s&p 500 was up 19. those numbers helped stocks post their biggest weekly gain since the bull market began more than two years ago. the dow was up 5.4%. the nasdaq added over 6% on the week. and the s&p 500 tacked on 5.6% since last friday. >> susie: so far it looks like the second half of the year is off to a good start. darren gersh reports. >> reporter: just like the traffic heading for the beach, the economy in the second half of

this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt >> tom: good evening and thanks for watching. we're a few hours away from an important deadline-- july 22. that's the date president obama originally wanted to have a debt-ceiling deal hammered out. but, susie, it looks like that's not going to happen. >> susie: tom, democratic congressional leaders are at the white house tonight meeting with the president. house speaker john boehner thinks a majority of house republicans will end up supporting some kind of compromise to avoid a government default. >> tom: despite boehner's predictions, the only thing that's certain about the borrowing limit fight is, right now, there's no final agreement in place. but as darren gersh reports, behind the scenes, there are signs progress is being made. >> reporter: listen hard and you'll hear a new tone in washington. there's a

he was the sweetest man in the world. >> bill: you did a movie with rock hudson.tain. >> bill: hudson, obviously made headlines he had aids and then he was gay and all of this. did everybody know he was gay in hollywood? >> i imagine they did. >> bill: you didn't know? >> i knew. he had his coterie of boys around lunch hour and everything else. >> bill: he didn't make any effort to hide it? >> no. >> bill: when you were watching him with doris day and these classic movies. everybody is believing they are the american quintessential couple. >> isn't that wonderful? >> bill: a good actor, i guess. john wayne, you were never in a movie with john wayne, you knew him. own hollywood? >> when he said jump, people said how high. he was that big. we were in the polo lounge together and he looks at me and said how come we never worked together? i said because you are afraid to work with good actors. >> bill: did he shoot you? how did he respond to that? >> he laughed like crazy. >> bill: one of the movies that everybody remembers you for is the dirty dozen. >> this war was

this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> tom: good evening and thanks for joining us. u.s. markets see-sawed today in reaction to a whirl of events around the world, susie. >> susie: tom, let's start with the federal reserve-- released minutes from its june meeting. with policymakers hinting they're open to a new round of stimulus, or so-called qe3. a warning from president obama that if lawmakers fail to reach a debt agreement, he cannot guarantee social security checks will go out on time. and moody's investor's service downgraded ireland's debt to junk status, saying the country might need bailout. >> tom: those developments, plus continued worries about europe's debt problems spreading to italy led to a volatile day of trading on wall street. as the dust settled, the dow lost almost 60 points, the nasdaq fell 20 and the s&p 500 down about six points. the

this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt >> tom: good evening and thanks for joining us. wall street put the wraps today on a rocky second quarter. stocks were buffeted by some major headwinds. from japan's earthquake and tsunami in march to the continued unrest in the middle east and europe's ongoing debt woes, as the quarter comes to a close, susie, investors had their hands full. >> susie: still, tom, u.s. stocks closed out the last trading session of the second quarter with more buying. the dow rose 152 points, the nasdaq added 33, and the s&p 500 was up 13. the rally over the past couple of sessions helped the dow turn positive on the quarter-- it was up a fraction, but the nasdaq and the s&p slipped slightly. >> tom: the best stock sector for the second quarter during all the volatility was healthcare-- that group was up over 7%. and the worst--

this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> susie: good evening everyone. it was a day of watching and wondering on wall street. watching for progress in washington on debt talks. and, tom, wondering what would happen to financial markets if there's no deal by president obama's friday deadline. >> tom: susie, so far the u.s. stock market has been fairly resilient, supported by a steady stream of strong corporate earnings. after yesterday's huge rally, the dow dropped only 15 points today. the nasdaq lost 12 and the s&p 500 slipped almost a point. >> susie: still, many experts say investors should brace for a wild ride if lawmakers are unable to reach a deal and the u.s. defaults on its debt. erika miller reports on just how violent that reaction might be. >> reporter: in midtown manhattan, the national debt clock looms, highlighting the amount of money owed by t

this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> susie: good evening everyone. just one more week until an important deadline, july 22. tom, that's the date when president obama wants a debt- ceiling deal in hand. >> tom: susie, an agreement by a week from tonight gives lawmakers time to write and vote on new legislation before the august 2 deadline. >> susie: it looks like its going to be a working weekend in washington as both sides still seem far apart on an agreement. >> what i've said to the members of congress is that you need, over the next 24 to 36 hours, to give me some sense of what your plan is to get the debt ceiling raised through whatever mechanisms they can think about, and show me a plan in terms of what you're doing for deficit and debt reductions. if they show me a serious plan, i'm ready to move. >> we're in the fourth quarter here. time and again,