i'm kelly wright.ou now back to bulls and bears. ♪ . >> brenda: no big pop for facebook stock. its opening day failing to live up to the hype. why is gary b saying this chart is good news for all of us? gary b? >> well, brenda, i think it showed a little insanity, if, close as you're going to get to insanity with the facebook ipo. it opened at $38. i thought there was a possibility it could end up in the 90 range, i mean, that's how, you know, much people wanted to own the stock at least the retail investor. thank god, it ended the day just above the $38 range. i think that showed, people are kind of waiting to see where it settles down, i think that's smart, good. anti-bubble, which is we want at this point. >> brenda: scott, you're not so clear that it's such a good thing that everybody's not partying like it's 1999, huh? >> no, it's not, brenda. i kind of was until the stock didn't go anywhere, you mentioned it, everybody was into this stock, brenda and nobody made any money on it other than wall st

joining us live from washington with more details on this is kelly wright. hi, kelly. >> good morning to you. heads will begin to role as you mentioned at jp morgan. the company's $2 billion loss could begin as early as today. as the fallout continues jp morgan ceo is trying to control the damage acknowledging the company's loss but stating everyone in business makes mistakes. diamond says jshg p morg-- jp mn has done nothing wrong. >> we know they were sloppy and know we were wrong. regulators should look at something like this. we are open to regulators and they will come to their own conclusion. we plan to fix it learn from it and be a better company when it is done. >> dimon supports 70 percent of the dodd that's the 2010 law that is passed for banks. there is a need for congress to exercise more regulatory control. >> i think what it points out is there are no rules of the road for hedging order ri tives. this needs to happen. the bill provide for it but it hasn't taken place. i have considered it an enormous loss in a high profile very good investment b

that's going to do it, and jam jamie coley and kelly wright are standing by and the latest from the g8 summit. stay with us. >> kelly: fox news alert. we're awaiting a white house briefing, g8 leaders right now, a brand new hour. i'm kelly wright. >> jamie: everyone seems to have powerful spirits during that. and leaders at the g8 summit growing threats of iran over the nuclear program and president obama announcing today that each of the g8 leaders must be committed to eliminating any fears that i ooh ran may be building a nuclear bomb and all are in agreement that tehran needs to disclose more about its nuclear ambitions. >> we are unified when it comes to our approach with a run and all of us agree that iran has the right to peaceful nuclear power, but that it's continuing violations of international rules and norms and it's inability thus far to convince the world community that it's not pursuing the weaponization of nuclear power is something of great concern to all of us. >> jamie: there are concerns, as we know for years and years, john bolten, former u.s. ambassador to the unit

that's going to do it, and jam jamie coley and kelly wright are standing by and the latest from the g8. >> kelly: fox news alert. we're awaiting a white house briefing, g8 leaders right now, a brand new hour. i'm kelly wright. >> jamie: everyone seems to have powerful spirits during that. and leaders at the g8 summi

and as kelly wright explains, new reason for the memorial tonight. >> this weekend, americans taking cause, paying tribute to fellow citizens who made the ultimate sacrifice. on this memorial day, the iraq war is over and as the afghanistan war is winding down, a u.s. sailor's death marking a sad milestone. petty officer, ryan wilson, of california is the 3,000th death among coalition forces made up of 50 countries serving together. since october 7, 2001, nearly 2,000 americans have parished there. lance corporal shaun adams says she one of the lucky ones. he lost both legs. he got a down home welcome home friday. >> i went to afghanistan, i fought for myself, my family, and my country and now i'm fighting for my life. >> training ground for these troops is in texas, headed to afghanistan in the fall. >> you'll never be able to train perfectly. anything can happen. the more you train, the more prepared you will be. >> an american flag placed on every grave. this country's greatest generation honoring the fallen at war memorials across the nation's capital. >> we have to love our warr

hi, everybody i'm jamie colby. >> kelly: i'm kelly wright.elcome to a brand new hour inside america's news headquarters. investigators accusing the f.a.a. of dragging its feet by not seriously addressing complaints made by whistleblowers out there. among the accusations, air traffic contollers playing games and taking naps on the job and even leaving work early. peter doocy is live with more details on this disturbing story for people who like to frequent the friendly skies. peter? >> and kelly, the f.a.a. has one of highest rates of whistle blowing filings of any executive branch agencies. >> there have been 178 whistleblower filings since 2007. 9 of them were tied to aviation safety and now the u.s. office of special council protects whistleblowers, too many complaints he department of transportation, pay attention to the seven most recent. and first helicopter improperly retrofitted and air traffic contollers sleeping in the control room and using personal electronic devices and small planes from new jersey's teterboro airports flying too

foxes kelly wright has the latest from the campaign trail where the same-sex marriage debate continues to dominate the headlines. >>> president obama basked in the glow of supporters in new york, touting his position in favour of same-sex marriage outside the big apple, several democratic senators up for re- election refused to endorse it, a sign the road to re-election could get bumpy. >> president obama's motorcade zipped through the seats of manhattan from one -- streets of manhattan from one glitzy fund raidser to the next. the new york cbs poll has mitt romney ahead of the president by 3 points the poll was taken after the president made public his support for same-sex marriage which he defended monday as a civil rights issue. >> that is how we achieved women's rights, that is how we achieved voting rights, that is how we achieved workers rights, that is how we achieved gay rights. >> but 67% question his motivation, saying he did it for political reasons. only 24% said it was mostly because he thinks it is right. some are seeing warning signs within the president's base. >> in ot

kelly wright live in our washington newsroom with the very latest. hello, kelly. >> good morning to you as well. justice department say it's the bomb that more than likely would have worked but there were some slight issues that al-qaida still needed to work on. authorities never believed the u.s. was ever in any real danger. however, counterterrorism officials say the device was likely a refinement of the underwear bomb similar to the failed christmas underwear bomb attempt over detroit in 2009. the device was recovered from a raid on an al-qaida in the arabian peninsula camp. officials say the device is being analyzed in quantico. >> it is an opposition and our experts are analyzing the device to see exactly what it consists of, what the danger is from it and what threat it would pose because it cannot be detected. how is it similar to, how is it varied from previous devices? >> counterterrorism agencies believe the device is the hand of the one of the best bombmakers working today because he's perfected the use of nonmetallic explosives hard to det

and kelly wright live at the white house this morning with the details. well. the president said over the weekend that memorial day is more than just a three-day weekend, he wanted to talk about the brave men and women who have served in harm's way paying with the ultimate sacrifice. having said that, the president and the first lady will actually be speaking or he will be speaking at the memorial day ceremony at arlington national cemetery to lead the nation in remembering the brave men and women who made the ultimate sacrifice while serving in the military. arlington national cemetery is where many of the military heroes are buried. president obama attending today's solemn but traditional ceremony. they'll be paying a solemn tribute to unknown heroes who served and died during the war. afterwards, the president along with vice president joe biden will visit the vietnam war memorial. the president will deliver a keynote address during a ceremony commemorating the 50th anniversary of the vietnam war. over the weekend, president obama in his weekly address

kelly wright is live with more. tell us all about this. >> good morning to you as well.ty is dead. he was the only one known in the terrorist bombing in 1993. they claim libya's late dictator moammar qaddafi as well as syria and iran were involved in the bombing. megrahi was diagnosed with cancer he was released from jail only to receive a sehero's welce back in libya. all of this causing outrage for the families of bombing victims. aboard the flight was 36-year-old tom amevid. he talked about his death and rolling in the bombing. >> he carried out orders. there were more people involved, qaddafi's right-hand man in the intelligence. he's the key. >> a relative as well as qaddafi. >> he knows what happened in pan-am 103. he knows the other individuals involved and other countries involved. there's no question in my mind iran and syria had been involved. i don't know if our government or the british got. has the stomach to find the truth because it might go to the door of iran. >> pan-am flight went down killing all 259 people on board mostly americans plus 11 people on t

joining us live with more on that is kelly wright. >> good morning to you.ormer massachusetts governor mitt romney on board his charter plane monday. he responded he was looking forward to a good day telling the reporters he was excited about winning the nomination tomorrow. he wanted to say i have been thinking about memorial day all day going to be a big day tomorrow forum an he is looking forward to texas. his focus was on memorial day. monday both men sharing their views on america's military as the sacrifices men and women make to their nation. he discussed the world's instability. >> one is to follow the pathway to europe to shrink the military smaller and smaller to pay for our social needs. commit america and strongest with no comparable power anywhere in the world. oo (applause) >> we choose that course. >> in our democracy we can debate and disagree even in a time of war but never let us use patriotism as a political sword. patriots can be for a war or oppose a war whatever our view let us always stand united in support of our troops when we place

kelly wright is live with all of those details. >>> president obama and first lady michelle obama will attended ceremonies they will help lead the nation remembering the brave men and woman who made the ultimate sacrifice. the tomb of the unknown honoring those who serve and die. the war memorial acknowledging the veterans who served in vietnam while being vilified here at home. the president said they deserve to be honored and respected. president obama in his weekly address call on all americans to help veterans and their families. >> we have to serve them and their families as well as they defshed sus combiering for wo - served us by caring for their families. >> the man who wants to become president governor mitt romney will join senator john mccain a former pow at the vietnam war for a memorial day ceremony in san diego. john mccain other veterans of the vietnam war are remembering this day with honoring those who served in the vietnam war. >> thank you very much kelly. appreciate it. >> it is time for the top 5 at 5:00. top five stories making news tu hour. for the latest on the

i'm kelly wright.licans may be refusing to sign on the dotted line for anti-activist groefr norquist. our political panel will weigh in.

i'm kelly wright.licans may be refusing to sign on the dotted line for anti-activist groefr norquist. our political panel will weigh in. >> jamie: keeping an eye on subtropical storm beryl closing in on parts of the east coast and there are signs

the and kelly wright and jamie colby standing by, taking it from here. have a great day!in the skies when you're flying or are their parties going on in the control tower? there's a new report by a government watch dog putting the f.a.a. in the

. >> kelly wright thank you for joining us this morning. patty anne? >> -- patty ann?> ron paul calling it quits for his presidential campaign. the republican congressman telling supporters in an e-mail he will no longer spend money in states that aren't holding primaries yet. he praised them for supporting mitt romney and urged them to continue to do so. he will have a conference call to go over their plan. >>> a long time new jersey airport security supervisor is known as jerry thomas. jerry thomas is dead. his real name is nigerian. he used a fake id to hide his immigration status. he worked as a security supervisor at newark international for 20-years having passed background checks and everything. we will have this story in a live report later in the show. >>> an al qaeda affiliate in yemen is releasing an english training manual. telling wannabe terrorists not to leave their home for a week so they can understand what terror camps are like. they said to image virgins waiting for them in paradise when they feel afraid. it is written by a man who is known to spread

kelly wright is in washington for us this morning. >> good morning to you. the sparring between bin laden and president obama and mitt romney. it could be a tough election battle. duri president obama pushed back on charges he is politicizing osama bin laden's death. the president taking aim at his remarks presumably toward mitt romney for appearing to flip flop on whether he would have taken out the terrorist. >> as far as my personal role n and what other folks would do, i just recommend that everybody take a look at people's previous statements in terms of whether they thought it was appropriate to go into pakistan and take out bin laden. i assume that people meant what they said when they said it. >> on the campaign trail romney fought back and said he would have ordered the hit even jimmy carter would have. >> would you have gone after bin laden? >> of course. >> you would have given the order, governor? >> is the criticism from the obama campaign not fair? >> all of this stemming from a campaign ad that was made for the president talking about the bin

kelly wright. news. >>> afghan authorities reporting 8 civilians killed during an air strike by u.s. nato coalition, victims include a man, women and their 6 children, the coalition is aware of the allegation and now investigating. earlier this month the afghan president warned civilian casualties caused by nato air strikes could undermine the partnership agreement re¢ly signed by the u.s. >>> a strong statement by u.s. secretary, hillary clinton, condemning the weekend massacre in syria. two days after the bombardment of a string of villages in the same region, more than 90 people were killed including 32 children. syria denies government troops were behind the attack which came a short time after demonstrations against the president's regime. >>> one of the serious films of all time was filmed near georgetown. now they have another connection to the exorcist. >>> new details about the suspect in a little boy's disappearence more than 30 years ago. stay with us, fox 5 morning news sunday will be r

i'm kelly wright. a big weekend for our nations heros as we honor the sacrifice of our brave men and women in uniform this weekend. fleet week in new york this week. here is the sight of the majestic vessels rolling into the harbor. the usswass we find our own anna with the job of the day. >> tough assignment today, right, kelly. we are on the flight deck of a multipurpose amphibious assault ship. the largest ship docked here for fleet week 2012. on wednesday, 22 vessels made their way up the hudson river and now 6,000 men and women in uniform from u.s. and coalition forces are roaming new york looking for a good time of course, and getting out there and getting involved in community outreach projects as well. the united states chief of naval operations even up for fleet week highlighting his trip with a special reenlistment for 25 sailors, marines and coast guardsmen. we talked to the cmo. >> to do it here in new york city 11 years after 9/11 the police where so much of our country has embraced securi

. >> kelly: i'm kelly wright have a great day. >> jamie: jamie colby, take care, bye-bye. [ music playskips ] hi, i'm new ensure clear. clear, huh? my nutritional standards are high. i'm not juice or fancy water, i'm different. i've got nine grams of protein. twist my lid. that's three times more than me! twenty-one vitamins and minerals and zero fat! hmmm. you'll bring a lot to the party. [ all ] yay! [ female announcer ] new ensure clear. nine grams protein. zero fat. twenty-one vitamins and minerals. in blueberry/pomegranate and peach. refreshing nutrition in charge! it's trident gum. you open it up. pop it in. and all of a sudden, things are happening. it's like this smile for your brain that starts in your mouth. it tickles up your spine and punches you in the face. a good kind of punch. one that lights the fuse that starts the day you didn't see coming. ♪ you follow thafeeling and every chew takes you somewhere new. so yeah, maybe it's more than just a little piece of gum. trident. see what unfolds. woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate i

kelly wright. what do we know about the plot? what are we learning?d division of fbi released news release. the five individuals under arrest had a intricate plot to use smoke grenades to distract police in order for coconspirators to topple financial signs on high-rise buildings in downtown cleveland that was part of their plot according to the complaint. the plot later developed using explosive materials such as constructing two improvised explosive devices using powerful c-4 explosives. they were to be placed on target of and remotely detonated. they discusses various individual targets in and around cleveland over the several months. the final plan the route 82 northfield high-level bridge as being designated target. it that causes brexville and cuyahoga hills. the three of the men arrested are self-proclaimed anarchists who form understood a small group and considered carrying out these plots. bill: wow! was there ever any danger to the public, kelly. do we know that yet? >> the word we're getting from fbi right now says the public was never in a

kelly wright is live in washington and i think we can all kind of guess who that constituency is. >> good morning, juliet. hope you're doing well. steve and brian, welcome back. president obama and former governor mitt romney are two men locked in a race to win the white house, as you know, two very different men with very different views of what america needs in moving forward as a great nation. on memorial day, both men shared their views on america's military and the sacrifices men and women make in defending the nation. romney broadening his comments discussing global threats to american security saying he has the better choice for america's military. >> we have two courses we could follow, one is to follow in the pathway of europe, to shrink our military smaller and smaller to pay for our social needs. the other is to commit to preserve america as the strongest military in the world second to none with no comparable power anywhere in the world. we choose that course. >> let's resolve that in our democracy, we can debate and disagree even in a time of war but let us never use pat

bill: kelly wright in washington.k to -- we'll talk to john owens who lost his brother on 9/11. we'll get his reaction. martha: the white house is defending comments from joe biden on same-sex marriage that raised a few eyebrows. here is what the vice president said on "meet the press." >> i'm vice president of the united states of america. the president sets the policy. i'm comfortable with the fact that men marry illegible men, women marrying women are entitled to all the civil rights and civil liberties and i don't see much of a distinct beyond that. martha: well, that the jumping off point. doug schoen joins me, a former pollster to bill clinton. taught were jonathon morris is a roman catholic priest. the white house walked it back trying to broaden out the statement. is this a joe bidenism we heard or is this a way to get the message out that the door is open. >> it's saying the door is open, conservative catholics, african-americans and hispanics that the president hasn't gone as far as the vice president did. i

foxes kelly wright has the latest from the campaign trail. >> reporter: president obama basked in the glow of supporters in new york, out thing his position in favour of same-sex marriage but outside the big apple several democratic senators up for re- election refused to endorse it, a sign the road to re-election could get bumpy. president obama's motorcade zipped through streets of manhattan yesterday from one greater number of witnesses ski fundraiser to the next according to -- glitsy fundraiser to the next. according to a poll, romney is ahead by 3 points the poll was taken after the president made public his support for same-sex marriage he defended on monday as a civil rights issue. >> that is how we achieved women's rights, voting rights, that is how we achieved workers rights. [ applause ] >> that is how we achieved gay rights. >> 67% question his motivation, saying he did it for political reasons. only 24% said it was mostly because he thinks it is right. some are seeing warning signs within the president's base >> i think there is lots of opposition you look at poll numbers

thank you kr-fp, kelly wright in d.c.remember, bernie madoff, biggest convicted swindler of all time. a couple busted after 12 years on the run. we'll tell you why they've been dubbed the mini madoffs. and tinseltown in the military training field. how hollywood is preparing to help our troops get ready for combat. a party? [ music plays, record skips ] hi, i'm new ensure clear. clear, huh? my nutritional standards are high. i'm not juice or fancy water, i'm different. i've got nine grams of protein. twist my lid. that's three times more than me! twenty-one vitamins and minerals and zero fat! hmmm. you'll bring a lot to the party. [ all ] yay! [ female announcer ] new ensure clear. nine grams protein. zero fat. twenty-one vitamins and minerals. in blueberry/pomegranate and peach. refreshing nutrition in charge! jon: here are developing crime stories we are following on "happening now." the f.b.i. catches up with a tpaoupblg till couple on the run for 12 years. nelson and janet hallahan known as the mini madoffs bust ned a

kelly wright watches that from washington. get him. >> reporter: good morning to you. nato and afghan forces identify this al-qaida guy, this figure. a press release was issued was responsible for commanding foreign insurgents in afghanistan and directing attacks against nato. they were spotted in a kunar province. they state that after insuring no civilians were in the area the security force ordered a precision air strike that killed both men. nato says no civilians were harmed as well. bill. bill: kelly, this air strike, could it have come from a clue that was left behind by the osama bin laden death? that was what, 13 months ago now? how is that possible? >> well, bill, you may recall that when osama bin laden was killed the u.s. navy seals team also uncovered a treasure trove of information that was stored inside osama bin laden's hope. some of that information show osama bin laden's growing concerns about air strikes. according to the combating terrorism center at west point letters seized from osama bin laden's compound

kelly wright live in washington with more. because this is just the beginning, kelly. >> you're right. one family member actually called it -- said they were having jihad in the courtroom. speak of khali shaikh mohammed, the mastermind of the 9/11 terror plot and our other guantanamo bay detainees. they're facing 2,976 counts of murder and terrorism in the 2001 attack that sent hijacked jetliners into the world trade center and the pentagon. the charges carry the death penalty and the behavior of the defendants outraged relatives of 9/11 victims who watched the proceedings on closed circuit tv from military installations around the united states. the arraignment hearing should have taken just a couple of hours. instead, it lasted for 13 hours. the defendants appeared to make a concerted effort to disrupt or stall the proceedings. at times, they knelt in prayer, ignored the judge and refused to listen to arabic translations over their headsets and they took meal breaks. pentagon defense counsel created a stir over decision to we

ceo gary kelly, ceo laura wright, very involved, as well as some others on the trading mandate.uthwest since 1991. he only made one other stop between college and there. so more than a 20-year veteran of the company. has done a number of things but in the last i think eight years he's been in this department working on the fuel hedging efforts. the treasurer who actually designed this program, scott topping, went to hawaiian holdings end of last year. chris is now essentially taking over the mantel. >> joe, what do you do based on the experience that southwest has had in successfully hedging the industry? >> and they have. they've been great at it. it's been known over the past four, five years. southwest from a price standpoint has underperformed some of the larger carriers like ual and delta. that's the place that you want it to be. listen, southwest is closer to its march 2009 low right now than it is to the high that it made 12 months ago. >> kate, great story. >>> coming up on the halftime report, we've got the gaming trade next. choose control. introducing gold choice. the

wright. >> reporter: the crowning night on american idol. >> philip fill ipds! >> reporter: a moment for philip philips to savor for sure. when it comes to fame and fortune, carrie underwood, kelly and jennifer hudson seem to be the exceptions. we set out to do a where are they now piece on past idol contestants. >> working at subway, working at hooters. we had someone addicted to cocaine. one contestant talks about how she got requests to sing at funerals. before american idol, justin was performing on broadway in new york. now he's doing regional theater in atlanta. casey abrams is now a spokesperson for inflammatory bowel disease. julia dim ato was a hair dress ner connecticut before idol. post idol, she's back to cutting hair. san jaya stood out for his hair dos, he came in seventh. and now? >> now lives in an apartment working as a bartender, and sings karaoke songs. >> he hasn't let go of the dream altogether. today we found him writing songs for his new band, but it's a come down. >> an experience like american idol, you're so consumed by everything that's going on, you don't have time while it's happening to really process it. soon as you get cut, everything hits you at

wright. >> cadet squadron 18. >> joseph edward. >> paul. >> jacob joseph allen. >> dale michael. >> kelly ann. >> willis ryan brown. >> troy. >> kurt. >> douglas. >> rock. >> michael jeffrey hester. >> kyle david. >> rocco francis. >> christie miner. >> richard stewart. >> michael adam. n> kelly an >> joel david short. >> bradford smith. >> craig. >> grant tyler swanson. >> aaron david. >> jonathan fill up. -- still up. >> take lead morgan williams. -- a: morgan williams. >> richard paul yielding iii. >> eric david. >> cadet squadron 19. anthony joseph. >> jonathan alexander davis. >> megan elizabeth i's week. >> -- i is lead. >> amanda michele lse. >> colton james floyd. >> eric matthew. >> caitlin elisabeth glitz. >> chad mossi -- morrison henning. >> alexander james william george hutchinson. >> blake james little. >> maxwell william pitt >> can get -- william. >> kenneth dwight. >> kate nicholas montgomery. >> and zachary james. >> sadra. >> dakota michael. >> robert michael stevenson. >> bennett. >> ellison -- alison. >> grace margaret. >> emily clear ovens. >> hector jose. >> mary catherine. >> james michael. >> have their ca