john blackstone has the story. >> reporter: more than 30,000 people cross the u.s.-canadian border here in blaine, washington every day. for most travelers it's a trouble-free experience. but for some canadian businesspeople that seems to be changing. >> doesn't look like i'll be entering your country for --

john blackstone spoke to some people who've had enough. >> reporter: as the cost of living soars in sangan sweet plans to make a few dollars with a garage sale before moving out for good. >> i've been in san francisco since the '70s. and it was a wonderful place to be, you know, in my 20s and 30s and 40s. but now that i'm in my 60s, i mean, i can't even afford a cup of coffee anymore. >> reporter: now that rebecca worth and her husband have a new baby, they need a two-bedroom apartment. but they can't find one they can afford. >> a lot of our friends have moved deeper into the east bay or to l.a. or portland. >> reporter: the fair market rent for a two-bedroom apartment in san francisco is $3,100 a month. the median home price is $1.6 million. in san francisco a family of four with an income of less than $117,400 a year is considered low-income by federal housing authorities. compare that to houston, where low-income families earn slightly less than $60,000. san francisco's wealth largely built on well-paid tech industry workers is leaving virtually no part of the city untouched by deve

john blackstone is there. >> reporter: firefighters in northern california endured back-breaking work as they rushed to contain the unrelenting county fire in 90-degree heat. it's got to make your work tougher too. >> it does, but at the same time, we have our built-in air conditioners as we're sweating like you probably are. >> reporter: and they're trying to keep the massive fires away from homes. firefighters set this area to burn off fuel on the ground. this is part of the band of containment that will eventually stop the fire. it's lrds scorched nearly 0,000 acres and threatened more than a thousand home and businesses and we're only days into the official fire season. >> it's pretty much fire day every day these days. >> reporter: cal fire's jeff adams says this new reality is taking its tolls on thousands of firefighters in what's shaping up to be one of the record-breaking years. >> it causes chaos in their home life, and doing it year in and year out, it causes fatigue. >> reporter: in colorado firefighters are battling nearly a dozen wildfires including a fast-moving blaze n

john blackstone is there. >> reporter: fire-fighting helicopters flew into thick smoke from a wildfire burning acres in sacramento. nearly 3,000 firefighters have been working around the clock building backwalls in an effort to keep the flames at bay. the wildfire is threatening more than a thousand homes and buildings. hundreds of residents were told to evacuate. >> it's a little nerve-racking because grass fires move so fast. >> reporter: the fear now is that the fire could take over a mountain highway used by travelers to get to lake berryessa, a holiday destination. >> we have had zero launches, zero rentals, zero commerce. >> reporter: wildfires also continue to rage in colorado where the spring fire alone has devoured an area larger than the city of detroit as well as destroying more than 100 homes, and in utah they're urging more residents to leave. back here in california's yolo county, chris turkovich worries about his family's vineyard. >> the grapes will absorb some of that smoke, and that's a big problem. >> reporter: persistent heavy smoke is blanketing the mountains here,

. >>> and coming up on "cbs this morning," john blackstone takes us to a silicon valley company that's about to make flying cars a reality. i'm anne-marie green. this is the "cbs morning news." that's about to make flying car as reality. e i'm anne-marie green. this is the "cbs morning news." ♪ [engine accelerating] ♪ get outta the way! ♪ they've gone wild! ♪ saddle up! ♪ toyota. let's go places. and i am a senior public safety my namspecialist for pg&e. my job is to help educate our first responders on how to deal with natural gas and electric emergencies. everyday when we go to work we want everyone to work safely and come home safely. i live right here in auburn, i absolutely love this community. once i moved here i didn't want to live anywhere else. i love that people in this community are willing to come together to make a difference for other people's lives. together, we're building a better california. >>> our top stories this morning. president trump attends the second day of the nato summit in brussels. yesterday the president blasted allies over defense spending and questione

cbs corresponded john blackstone shows us for the past nine years, developers have been working quietly on the project at a secret silicon valley location. >> reporter: marcus lange called his invention a personal aviation vehicle. an electric aircraft so easy to fly, he says, you need little training, and no pilots license. >> when you press the thumb stick, to climb with this, you have absolute full control. >> reporter: lange gave cbs this morning and exclusive tour of the secret silicon valley facility with a crafty calls black fly being built. his breakthrough invention, >> what we will do is we will reverend it up. >> reporter: is a small but extremely powerful electric motor. >> this could produce 130 -- >> reporter: lange claims the eight motor singleseat aircraft is actually -- has actually flown thousands of miles in test flights controlled from the ground before they ever put people in the cockpit. >> we first flew 10,000 miles, we did 1000+ flights. all autonomous. and, we had a payload of 200 pounds. >> what are the safety features? >> you have to start off with the technol

john blackstone is there. s> reporter: today firefighters in northern california endured back breaking work as they rushed to contain the unrelenting county fire in 90 degree heat. got to make your work tougher. >> it does but at the same time too we have our natural built in ouc. as are you probably sweating like we are. >> reporter: right now crews are fighting fire with fire to keep the massive inferno away from igmes. rois is an area that was burned intentionally, firefighters set y, alight to burn off fuel on nde ground. this is part of the band of containment that will eventually stop this fire. it's already scorched 90,000 acres and threatens more than a thousand homes and businesses and we're only days into the official start of the fire dason. >> it's fire season pretty much every day in california these days. >> reporter: cal fire's jeff adams say this new reality is taking a toll on thousands of firefighters in what is shaping up to be one of the busiest years on record. >> bringing these men and wo

john blackstone shows us who rules the roost in silicon valley. >> they're fun, they're funny to watchnk it is a stress release. >> reporter: scott vanderlip's chickens make themselves right lv home. >> are you going to come in the guse? >> reporter: the software engineer believes he's found the perfect antidote to computers and code, and has the big data to prove he's not alone. >> there are thousands, maybe 10,000 chicken coops in silicon valley. i mean, there are... , reporter: 10,000! >> ...there are a lot of coops. >> reporter: online, companies are hatching plans for do-it- -ourselfers to build stylish backyard coops. but in the million-dollar backyards of silicon valley, the coops and the chickens are really something to crow about. ( chickens clucking ) an she is a giant blue cochin, me of my favorite breeds. i built this... this coop oopecially for them. >> reporter: this is not your average chicken coop. >> no, no, it's not. and it's right off of my kitchen, and i wanted something beautiful. >> reporter: laura menard's custom-built chicken coops have antique stained glass win

. >> i'm john blackstone. flies has been around for as long as most of us can remember. now a silicon valley company says that dream is about to become a reality. we'll show you people flying around in this coming up on "cbs this morning." >> i don't know if i'm ready for it. >>> if you're on the go subskrip to our cbs this morning podcast. hear the day's top stories and what's happening in your world in less than 20 minutes. how is that for a deal? you're watching "cbs this morning." l. you're watching "cbs this morning." they appear out of nowhere. my secret visitors. hallucinations and delusions. the unknown parts of living with parkinson's. what plots they unfold, but only in my mind. over 50% of people with parkinson's will experience hallucinations or delusions during the course of their disease. if your loved one is experiencing these symptoms, talk to your parkinson's specialist. there are treatment options that can help. my visitors should be the ones i want to see. oh, look... my visitors should be t

>> golodryga: john blackstone in yolo county, california.ell, we have an update tonight on a man and a woman who became critically ill in britain last saturday under mysterious circumstances. it turns out they were poisoned sb the town of amesbury by the same nerve agent used on an ex- russian spy and his daughter, enst seven miles away. charlie d'agata is following it all. >> reporter: british media have heentified the victims as dawn sturgess and charlie rowley, fighting for their lives. tonight, scotland yard confirmed what many had feared. >> following the detailed analysis of those samples, we can confirm that the man and woman have been exposed to the nerve agent novichok. >> reporter: the same nerve agent used to poison double agent sergei skripal and his daughter yulia in march, an attack britain blamed on russia that triggered international condemnation and eventually led to the expulsion of hundreds of u.s., british, and russian diplomats from both sides of the f ght. u.ramedics rushed to this home on saturday morning after receivi

john blackstone has the story. >> reporter: more than 30,000 people cross the u.s.dian border here in blaine, washington every day. for most travelers it's a trouble-free experience. but for some canadian businesspeople that seems to be changing. >> doesn't look like i'll be entering your country for -- well, maybe never and certainly not for a long time. >> reporter: banned for life. >> banned for life. >> reporter: sam zaimer is a vancouver, canada-basedle fve0 . recent he put a few hun thousand dollars into legal american cannabis companies. in may, when he attempted to drive across the border, he was flagged for secondary inspection and questioned for four hours. >> to my shock and horror i was told that i was deemed to be inadmissible to the united states because i was assisting and abetting in the illicit trafficking of drugs. they never asked whether i'd consumed marijuana. the only thing they're interested in is that i've been an investor in u.s.-based cannabis companies. >> reporter: what's it like to be banned, banned for life from the united states? >> i

john blackstone has the story. >> reporter: the las vegas that most visitors see is glittering and opulentty where there seems to be more than enough of everything. especially food. in a lavish banquet room at the aria hotel lunch is being served to 1,300 people atengd a conventi convention. but away from the vegas strip -- >> get ready to open up the doors and feed the masses. >> reporter: the dining room at catholic charities serves those who don't have enough food. >> we serve a free meal to anyone who needs it. >> reporter: deacon tom roberts is ceo. >> there's probably more food consumed in las vegas per capita any other placeth world. and here we serve 1,000 people every day in this kitchen. the numbers frankly are the leftover food from mgm's las vegas hotels has been used to feed pigs. yal masadiki is vice president of sustainability for mgm resorts. >> a better use is to feed people. >> but there are some challenges to doing that. >> sure. the process to collect surplus banquet food is complicated but we think it's something worth figuring out. >> reporter: complicated because foo

john blackstone, cbs news, yolo county, california. >>> these california newlyweds found a silver lining in the smoke from the county fire. they used it as a backdrop for this photo. it was taken saturday night at the table ranch vineyard in yolo county 10 miles from where the fire started that day. >>> firefighters in colorado are battling nearly a dozen wildfires including one that's destroyed at least three homes near aspen. officials say it was started at a gun range by two people firing tracer rounds. they have both been charged with arson. >>> california lawmakers and immigrants rights activists are celebrating a ruling upholding two of the state's sanctuary laws. the trump administration wanted to overturn a law limiting the ability of law enforcement to cooperate with immigration officials. yesterday a judge denied that request. he also said that he will not stop the law allowing the state to monitor certain immigration detention facilities. the judge did put the brakes on another law that prevents employers, however, from cooperating with i.c.e. without a warrant. >> we were dis

well, john blackstone visited a secret facility in silicon valley where they are working to make the dream of flying cars come true. >> reporter: marcus lange named his electric-powered aircraft black fly. it's easy to fly, he says, and requires no pilots license. >> when you press the thumb stick to climb with this, you have absolute full control. >> reporter: at the silicon valley headquarters of his company called opener, lange showed us his first flying machine. >> there is nothing fancy here. the pieces here is styrofoam. >> reporter: mate have been crude, but it got off the ground back in 2011. invention.success was his >> what we're going to do is just run -- >> reporter: a small but extremely powerful electric motor. thinking can produce 100 -- >> reporter: someone else seems to have been blown away by lange's invention, larry page, the billionaire co-founder of google, who became the major investor in opener. page has also invested in two other ventures developing flying cars. even uber is promising flying taxis in a few years. but lange's blackfly seems to be set to be the

instant gratification. >> john blackstone, colorado, california. >>> the company behind this is calledopener, and just in the last hour or so opener revealed that his major investor is none other than larry page, cofounder of google. >> it looks like a giant drone, but everyone i know who has owned a drone has crashed it. so, i guess it is safety, safety, safety. >> a lot of the features in this are like those that are in self driving cars, to help you do things without having to control them. that is one of the magical parts about it. >> no pilots license or training -- just a joystick. >> off you go. >> i want to be the first on the block. if i can afford it, right? >> give it a try, suv. >> thank you john, i appreciate it so much. ♪ >>> paul is here for look at the weather. >>> it makes you wonder, if you are the parent of a six or seven-year-old, will he be driving a car when they get their license? or, perhaps something else. around here, our weather is driven by something new, tropical moisture. you notice the cloud cover, let's look at the highs, which made it to the 90s inland,

john blackstone is in yolo county near sacramento, john, good morning. >> reporter: good morning.ighters from across much of california have come to battle this blaze which is now entering its sixth day. so far, it's about 27% contained. but there are fears shifting winds and triple digit temperatures by this weekend could make things worse. fire crews in rural northern california are tackling steep and rugged terrain to battle the county fire. the inferno that began on saturday has now burned through more than 86,000 acres. daniel sanchez is with cal fire which is directing nearly 3,000 firefighters working to control the flames threatening more than 1,000 homes and buildings. >> as it tibs further, it's going to be harder and harder. there's no roads so bulldozers are cutting their way in, trying to finish it off. >> reporter: thick smoke made flying especially challenging for helicopters assisting firefighters from overhead. in colorado, basalt, near aspen, they shuttled lake water and retardant over the lake christine fire after shifting winds caused the flames to explode abov

john blackstone, kpix5. >>> still to come, we'll take you inside a unique bay area summer camp. >> it's called inclusion films and it's giving kids with autism and intellectual disabilities a ticket to hollywood, the famous name behind the groundbreaking program. >> a call of fire causes an animal sanctuary to make a preemptive strike, its big purchase from a local fire department. >> a golden glow to close out sunday evening with beautiful blue skies around the bay area, the forecast coming up after the break. i, i think i'm as ready as i can be. i'm ready. but, clearly, i'm a little nervous. there are so many expectations. like, on the sticker, "city mileage this, highway that." uh, that's a lot to live up to. but i heard no gas gets better mileage than chevron with techron. yeah, no better mileage. it's proven. so that's a confidence builder. it's proven; no gas gets better mileage than chevron with techron. care for your car. so much for my new car smell, guys. this one was spotted taking advantage of a fan in the town of ajo. that's about 40 miles from the m >>> you know it's hot i

john blackstone shows us the high stake standoff over one scenic stretch of coast. >> in california, law, the state's entire coastline is open to the public. but at this beach near santa cruz, there's a locked gate and the key costs $100 a year. the battle to keep california's beaches open coming up on "cbs this morning." >>> if you're on the go, subscribe to our cbs podcast available on apple's podcast app or wherever you like to download your podcast. hear the day's top stories and what's happening in your world in less than 20 minutes. you're watching "cbs this morning." teach them to smile, and they'll smile at the world. teach them to love themselves, and they'll love others. teach them they are special, and you'll be amazed by what they do. alcohol based mouthwash burns. and that could leave you with... burn face! but colgate total mouthwash is different. it kills 99% of germs without the burn of alcohol! kill germs without the burn. try colgate total mouthwash today! alice loves the smell of gain so much, she wished it came in a fabric softener too. [throat clears] say hello t

john blackstone reports. >> reporter: firefighting helicopters flew into thick smoke today, battling's burned more than 80,000 acres in three rural counties west of sacramento. nearly 3,000 firefighters have lighting backfires and building a containment line. in an effort to keep the flames at bay. the wildfire is threatening more than 1,000 homes and buildings. hundreds of residents were told ev >> it's a little nerve-wracking because grass fires move so fast. >> reporter: the fear now is that this fire could overtake a mountain highway that's used by travelers heading to nearby lake berryessa, a popular holiday destination. intense smoke has already snuffed out 4th of july celebrations here. >> we have had zero launches, zero rentals, zero rusts. >> reporter: wildfires also continue to rage in colorado, where the spring fire alone has devoured an area larger than the city of detroit, as well as destroying more than 100 homes. and in utah officials ordered more residents to leave as firefighters struggled to contain fast-moving flames east of salt lake city. back here in california'

john blackstone has the story of one mentor who did a lot more than help a young man become a cop. >>father was incarcerated. he wasn't there. actually incarcerated a couple months before i was born and was in for a little over ten years. >> reporter: for daniel rodriguez it could have all turned out differently. at an early age lessons in law and order turned into motivation. >> there was no resentment about law enforcement? >> no. honestly, no. never once did i feel resentment. i knew they were doing their job, and even then when he was arrested they would come and talk to us and comrt to them. >> reporter: as a teen he joined the police explorers program for aspiring officers in garden grove, california south of anaheim. >> some kids run into trouble. you were running away from trouble. >>ee. i was trying to. i think i needed somebody to vent to about things and just made me feel so much better to be able to to go home and talk to someone about .>> rep teo me out to be a good listener. >> daniel in his mind selected me, and i had no choice in it. it's step up and be that person in

as john blackstone reports, they're not smoking pot, they're investing in it. >> reporter: more thanu.s.-canadian border here in blaine, washington every day. for most travelers it's a trouble free experience. but for some canadian business people, that seems to be changing. >> it doesn't look like i'll be entering your country for, well, maybe never and certainly not for a long time. >> reporter: banned for life. >> banned for life. >> reporter: he's a consumer venture capitalist who has been investing in tech telecoms for over 30 years. recently he put a few thousand dollars in legal cannabis companies. in may, when he attempted to cross the border, he was flagged for secondary inspection and questioned for four hours. >> to my shock and horror, i was told that i was deemed to be inadmissible to the united states because i was assisting and abetting in the illicit trafficking of drugs. they never asked whether i consumed marijuana. the only thing that they're interested in is that i had been an investor in u.s.-based canada's companies. >> reporter: what's it like to be banned for

john blackstone shows us how the plot unfolded. >> reporter: actress daisy mccracken played dawn in filmhalloween: resurrection," but it was her kidnappinthat was a real horror. jones and amber neal showed up at mccracken's house. when they arrived stewart allegedly pistol-whipped mccracken. and then placed black hoods over the two actors' head and drove them to their house. once there they stripped capone naked, starved him and forced him to stay in a bathtub for 30 hours. during that time jones and neal allegedly forced mccrackin to provide them with a $10,000 check for capone's release. they then allegedly took fivs onunmema where she was >> rr:oment when one of the alleged kidnappers were rearrested. police surrounded amber neal and took her into custody. the video caused a stir online. forcing an explanation from the lapd. although we're limited in what information we can release, we can confirm this individual was arrested. neal, jones, and stewart are charged with up to 17 felony counts and could each face life in prison. >>> a legal battle escalates after a fertility clinic in oh

john blackstone got a first look at the new technology that may have us airborne sooner than you thinkamed it blackfly. it's easy to fly, he says, and requires no pilot's license. >> when you press the thumb stick to climb with this, you have absolute full control. >> reporter: at the silicon valley headquarters of his company call opener, lang showed us his first flying machine. >> there's nothing fancy here. the core of these pieces is styrofoam. >> reporter: it may have been crude, but it got off the grown back in 2011. the keys to success was break tlooin venhrough inventiol but extremely powerful electric motor. >> this can produce 130. >> reporter: someone else seems to have been blown away by lang's invention. larry page, the billionaire co-found over google who became the major investor in opener. page has also invested in two other ventures developing flying cars. even uber is promising flying taxis in a few years, but lang's blackfly seems to be first of these vertical takeoff craft that people can actually buy, with plans to have it on sale by next year. >> price of a luxury

john gray of blackstone, david rubenstein of carlyle and howard marks of oaktree >> which of those are most interested in hearing from? >> which of the private markets people >> griffin >> well, john gray has a new role within blackstone he was promoted to president i'm interested to hear how he plans to navigate blackstone he has a real estate background. how will he use that as blackstone's president the guy operating the company and obviously it's a very interesting time to take the helm of the biggest privatity equie -- private equity guy in the world. he's now the guy, not the guy behind the guy he's the guy >> he's the guy. he has some people to report to, but he's the one keeping the trains on the tracks >> there we go big day. get ready. >> big day >>> could be a good day for your money and markets. futures are not soaring, but they are higher now. dow futures indicated up 28 points nasdaq is what everybody is watching yet another new high nasdaq stocks up a couple percent in a couple weeks. let's bring in chad morganlander from washington crossing advisers their firm eventuall

david faber interviewed john gray from blackstone and asked him why has the stock not appreciated moret gives if there are so many wonderful things, why doesn't wall street appreciate it? >> there are three great mysteries in the world one is what existed before the big bang nobody knows second, is there an afterlife and what is it like if there is, nobody knows and third, why do equity firms not trade at a higher price. to me, those are the three great mysteries of the world the answer to the first two, i don't know i'll tell you why they don't trade as well as we'd like them to it's been a business when you say to your investors when the business first started, pay us a small management fee to cover our costs but give us 20% of the profits. that was an enormous change in the world of money manage. for 200 years, you got a fee when the money was managed and didn't get a piece of the profits. private equity people said give us 20% of the profits so that's how our business has been grown and why people give us money, because they want us to be incented to get this high. when you're publ

blacksto blackstone's president john gray said this morning that this was the best earnings quarter in years that the firm has had. yet the stock is trading lower today. down 1.73% >> leslie, thank you erin, what do you think of this space. >> jonathan gray also said he thinks the economy is stronger than people realize. he said he's getting concerned about inflation, but for the economic growth picture he thinks it looks good blackstone deployed about 8$8.4 billion. so they're starting to draw down some of that dry powder, that 8 billion of dry powder. they're starting to see opportunities. one thing they highlighted they're focusing on is gobbling up warehouses as they see more and more online sales, they're seeing more demand for warehouses to store these goods before they go to the final point of sale. these using, i think, being smart in terms of how he's thinking about the macro picture. i think that private equity, you think about potential -- if you think about potential defensive plays, i think private equity plays well into that >> heck, forget defense, let's play offense the

can provide a good sense of what's going on globally on the macro side of things we've got john gray from blackstone but not really in this kind of format, especially since he's been president of blackstone. i'm really interested to hear what he says about what's going on with the trade war. it's the right time of year for some of these people >> i have ken griffin tomorrow so i'm excited about him, but i'm also really excited about bannon steve bannon, after the news of what happened in helsinki yesterday, plus he's a boitcoin investor >> he is the closing keynote >> i can't wait to hear from rubinste rubinstein his lawyer has been involved in politics how does that get you to this position, what does he see now, because he has made some impressive calls in the past in 2006 he was worried about how the market was going sure enough, his comments foreshadowed a lot of what happened in 2007 >> with people like that, you keep hearing about all the uncertainty. if you can have a whole day where you listen to all these smart people, griffin, rubinstein, gray, bannon, and kind of get a sense of what they'

the rest of the day encompasses three notable titans john gray of blackstone, david rubin stone of carlyle, and howard marks of oaktree. four investors will provide their best stock market picking ideas and the event will end with steve bannon who served as white house chief strategist for president trump. >> i will say it again, is a big bitcoin believer >> and ken griffin historically has not been >> maybe we'll ask about both of those things >> it's been interesting watching the bitcoin debate between traditional investors and maybe more tech savvy and newer investors. >> it has also become political. >> that's how it was founded, under the idea that there is no central government controlling it and there is a bitcoin panel today to discuss those things. the debate between bitcoin and blockchain institutionalized investors have a mosh open-mindedness towards blockchain than bitcoin. >> leslie picker, thank you. >>> japan and the eu signing a trade pact that would cover one-third of the global economy, elieliminating nearly all tarifs between the two. let's bring in robert holleyman, for

so we'll hear from blackstone's president, john gray, and parlow's founder a week from today where thisl be a key part of the conversation. >> that will be a fascinating conversation leslie, thank you for that >>> the nato summit kicking off on a contentious note with president trump starting a fight with germany on energy the president criticizing germany for striking a gas deal with russia. now, according to eurostate, the statistic agency, russia is responsible for between 50% to 75% of germany's total gas imports. so does president trump have a point? bob mcnally is founder and president of the rapid energy group. and also served as senior director for international energy on the national security counsel under president george w. bush. it's good to see you today bob, when we're talking about germany's relicense on russia and europe's reliance overall, do they have a problem on their hands? >> they do in raises nordstrom today, president trump tapped in deep and broad currency of discontent with germany's dependence on russia germany gets about half of its gas, 55%, in 2017 from rus

particularly will regulate those cryptocurrencies john >> powell very much staying in his lane today as well, steve, thanks >>> and coming up, blackstone'sresident and chief of rating officer jonathan gray is sitting down with us stay with us to buy or sell?be time with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today. fidelity. overwhelming air fresheners can send you running... so try febreze one. with no aerosols and no heavy perfumes. so you can spray and stay. febreze one. tap one little bumper and up go your rates. what good is your insurance if you get punished for using it? news flash: nobody's perfect. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. switch and you could save $782 on home and auto insurance. call for a free quote today. liberty mutual insurance. ♪ liberty. liberty. liberty. liberty. ♪ >>> amazon wrapped up the fourth annual prime day after some glitches it was the biggest shopping day ever shares hitting an all-time high today. the market kept crossing