let's come back and talk lance armstrong. i want to know the moment you realized wow, he really was the biggest cheat in american sport. years ago, my doctor told me to take a centrum silver multivitamin every day. i told him, sure. can't hurt, right? and now today, i see this in the news. once again, centrum silver was chosen by researchers for another landmark study. this time looking at eye health. my doctor! he knows his stuff. [ male announcer ] centrum. the most studied. the most recommended. and the most preferred multivitamin brand. the choice is clear. and the most preferred multivitamin brand. all stations come over to mithis is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. well, dad, i spent my childhood living with monks learning the art of dealmaking. you've mastered monkey-st

but it's like, that hulking mass, lance armstrong? performance-enhancing drugs are for -- the number one thing they do is allow you to train longer and train harder, and that -- if you're an athlete, particularly an athlete who might come from a poor background and you know that taking this pill would be the difference you've having a longer career and making millions of more dollars. for a lot of athletes it's a no-brainer, and outside of baseball and cycling, it's largely unexplored because people don't want to know what the answer are. now, my own opinion about performance-enhancing drugs and the whole thing is, anybody who thinks the status quo, in terms of how they're regulated and talked about -- anybody who thinks that's a good thing to me is absolutely out of their minds. to me, the smartest people who talkbout thi are on the extremes of the seeds -- sides of the issue and the answer is in the extremes. there's one set of arguments that says, we have to take it out of the shadows, out of the closet. this is a libertarian issue

many years many of us suspected that lance armstrong in particular and many of the heroes that we look at in tour de france were using it. and we now know that lance last august actually confessed that he had. but here's the thing about lance armstrong. first of all, i wonder if he got testicular cancer because of in this drug. because it multiplies your cancer cells. and i also am very grateful that he did not have to suffer like some of your callers did by, you know, dying or losing some of his loved ones. his teammates. so it'll be interesting as time goes on to see where lance got that drug, where the professional athletes got that. and if it's so widespread, then there's lots of other ethical questions like should we let all the athletes use these drugs? but the thing that i'm most upset about is that patients, you know, were not informed. armstrong and all these great athletes were informed, and they knew the risks they were taking. but a lot of people out there are, indeed, treated like guinea pigs, and it's only the fact that they realize what the real risks were. >> host: what

lance armstrong has admitted to doping and he was stripped of his 7 tour de france titles. several other past american champions including champions of this race have also admitted doping. cycling fans say they have heard it all and hope the sport finally hit bottom and is now on the way back up. >>> reporter: the color and excitement of professional road cycling has returned to the bay area. >> i like racing better than ballgames. >> fun watching them on television but you want to see what it looks like for real. >> reporter: the amgen tour of california rolled into san jose for an individual time trial, the so-called race against the clock. but after doping scandals involving lance armstrong and other past champions, is cycling going through its own trials in the court of pub opinion? >> what can i say? lance [ bleep ] -- >> reporter: cycling fans say the scandals have affected the sport. >> it's hurting, but it's recuperating very slowly about it. >> reporter: although the crowd seemed smaller this year, tour organizers say cycling still enjoys strong fan support. but th

that's the cancer charity started by lance armstrong. nike has raised millions for that charity over the years but it says after this holiday season it will no longer make live strong apparel. nike has been distancing themselves from lance armstrong after he made the admission that he used steroids during competition. >>> a controversial >>> tonight's special report looks to the future in how we fuel our cars and trucks. the federal government has placed a premium on advanced bio fuels but bio fuels are still not available in large quantities. as ken pritchett learned that may cost oil refiners and ultimately consumers. >> reporter: swirling around in this vat may just be the future. of how you fuel your car. >> these advance bio fuels are very real and are in contention. >> reporter: simmons is vice president in emeryville that researches bio fuels. what are they? you've heard of ethenol or e85 it's a bio fuel that's made for years it is made of corn colonels. bio fuels are made of things we don't eat. think of corn husks or ag waste. h

that's the cancer charity started by lance armstrong.ised millions for that charity over the years but it says after this holiday season it will no longer make live strong apparel. nike has been distancing themselves from lance armstrong after he made the admission that he used steroids during competition. >>> a controversial plan, the bill that would give people other than doctors the ability to perform an abortion. >> and we have your bay area forecast. why shop t.j.maxx and marshalls? one. you get all the awesome brand names. two. you get them for less than department stores, and that's awesome. three. she'll think you look stylish and awesome. four. you'll actually be awesome. which is awesome. t.j.maxx and marshalls. two awesome ways to score. you walk into a conventional mattress store, it's really not about you. they say, "well, if you wanted a firm bed you can lie on one of those." we provide the exact individualization that your body needs. oh, yeah! wow. once you experience it, there's no going back. at our memorial day sale, s

lance armstrong's cancer charity. nike announced tuesday they are cutting ties with the charity.o long after this holiday season. said it will honor its financial commitment to livestrong when the deal expires in 2014. this generated a ton of money for livestrong. something like $100 million. >> out of the 500 million or so raised by livestrong to fight cancer. they are an incredible charity. done so much. rated four stars with the charity navigator so a great charity. >> really sad given that it's done so much great work. >> right. >> and it's kind of cut ties with lance armstrong. >> right. >> so you're -- you're really punishing the people that it helps. >> you can understand a little bit though where nike is coming from because the brand is so associated with lance armstrong. >> sure. >> yeah, that days after people wearing the livestrong bands, after thinks interview where he basically confessed to doping, people, you know, would comment. you should stop wearing the apparel. >> yeah. >> so you can understand where nike sort of had to make that decision. >> i went into a loca

that's the charity that disgraced cyclist lance armstrong founded. a statement, live strong officials say that while the foundation has lost corporate sponsorship, it remains, quote: deeply grateful. you will recall nike cut ties with armstrong last year after he admitted using performance enhancing drugs to win seven tour de france titles. the foundation reports selling more than 87 million yellow wrist bands bringing in more than $100 million since it began working with nike in 2004. if you have been thinking of selling your home, there is big news that might help you make up your mind. plus, you might want to start snapping up stocks on mondays, that's because once again tuesday turned out to be wall street's lucky day. and later, victims of natural disearses could be figuring out that their insurance company is paying out less even after raising rates. gerri willis ahead with what she has uncovered. but, first, dozens and dozens of building in the past, fast moving flames. that's coming up as we approach the bottom of the hour and the top of the

so it is no surprise the company is further distancing itself from disgraced cyclist lance armstrong. products for the live strong foundation at the end of the year including the yellow wrist bands that were once so popular. the charity was founded by armstrong to raise cancer awareness but he stepped down as chairman at the height of his doping scandal. nike released a statement saying in part we will continue to support the live foundation by funding them directly as they continue their work serving and improving outcomes for people facing cancer. >>> the pop culture lead, fast and furious 6 was in the driver's seat at the box office this weekend. if that pun isn't doing anything for you no worries. i have more. the action flick took a victory lap at the box office to put the pedal to the metal speeding past the competition. i'll stop. the film earned more than $120 million making it the fourth highest memorial day opening in history. meanwhile, it was a more sobering opening for the hangover 3. the final installment of the trilogy fell short of estimates earning $63 million. a hang

. >> after nine years nike key is cutting ties with lance armstrong's live strong cancer charity. it helped turn the charity into a global ban. together they helped raise more than $100 million. the company will stop making live strong apparel after this year. it dropped it personal sponsorship of armstrong last october. >>> you may not be aware of this but we actually live in one of the happenest places on earth, not disneyland, the united states. it came in six of 36 count countries rated. australia had the number one spot. now if money was the main factor then the u.s. would be on top for disposable income and total house hold wealth. instead the study took into account 11 factors including security and housing. with all of the factors weighted equally the u.s. weighed in an six. >> we're back in a moment with the sharks game. >>> this is the year. >> this is it. >> we've been staying this for more than ten years but this will be the year for the sharks. tonight game seven. >> about 30 minutes the puck will drop and the winner will move on to the conference finals. you've been

. >> nagy is ending its partnership lance armstrong is a live strong charity. said it will stop producing new live strong products after the 2013 holiday season. with strong issued a statement thanking 94 helping to raise more than $100 million to get advance of the foundation's mission. miti will continue to support live strong by funding the charity directly. >> nothing in the world could stop the wee herman's bike. this is better. it is a high-tech bicycles, it is an e bike. >> that he bike acts like a standard of bicycle with the regular pet it up with the additional motor you and ashley ourself along all the time or at any time. >> you can write these bikes for miles and miles and never break a sweat. when you're biking up hill, it will feel like you are early to lead paddling down hill. you can paddle this bike normally are used as a powered bicycle. we need a boost of power, ride wrapped up the throttle on the handlebar. >> if you're going in downtown to the wharf, you end up to now bill or russian hill and it quickly there. >> if you do not want to do a

nike cut ties with cycylist lance armstrong back in october following revelations of a doping scandal. now it's ending 9 years of supporting livestrong, the charity armstrong founded. the organization said in a statement: "we expected and planned for changes...." the group will now focus on patient-focused work. still to come, stocking up on retail stocks - should investors go upscale or the discount route when filling up their cart? but first, chuck is back for a look at why childcare businesses are facing new hurdles. that's next. it's not easy being in the childcare business these days. state budgets are cutting early- childhood education grants, often in states facing a pension crisis. hedy ratner from the women's business development center joins us today. hedy, how large a percentage of the budget that goes into running a childcare center is dependent upon state monies? - the majority of our providers, both home-based and childcare centers, utilize reimbursements from the state of illinois to support the children and their childcare centers. so it is critically important. - and

. >>> nike is cutting ties with lance armstrong's livestrong cancer charity following admission he usedrmance-enhancing drugs. nike ended its sponsorship of the athlete last year and is now ending the nine-year relationship it has with armstrong's foundation. >>> and new york's top court is hearing a dispute over starbuck's tip sharing policy. starbucks defended the policy saying its shift supervisors divvy up the tips. the suit aims to clear up a new york state labor law that prohibits managers from sharing in tips. anne mary? >> erica ferrari here in new york. thank you, erica. >>> and pushing an nfl team to make a name exchange. >>> and justin bieber gets flagged for driving habits by a former nfl star. >>> this is "the cbs morning news." you'll find reviews on home repair to healthcare written by people just like you. with angie's list, i know who to call, and i know the results will be fantastic. angie's list -- reviews you can trust. if yand you're talking toevere rheuyour rheumatologistike me, about trying or adding a biologic. this is humira, adalimumab. this is humira working t

. >>> finally, nikes ending the relationship with lance armstrong's cancer charity.company helped raise more than $100 million with the iconic yellow arm bands. things went bad for livestrong, when armstrong admitted he was on performance-enhancing drugs during his cycling career. the charity says it remains committed to helping cancer patients. >> you've got to have an organic story. you knew that when nike severed the ties with lance, they said they were going to support livestrong, and eventually they were going to just going to make it go away. they need somebody to go there with a cancer story that's compelling, but right now, there's nothing there for livestrong. >> hopefully someone will continue the good things. >>> unfortunately the heat is on and the severe weather is going to be increasing, brian. we're going to be hot on the east coast while the midwest will be dodging strong storms and possibly tornadoes later on today. that's a nice shot there in d.c., the ac will be blasting. 90s in d.c. probably in the next four or five days in a row. yesterday, we di

. >>> lance armstrong's admission he used performance enhancing drugs cost his charity a major sponsorship. nike will no longer make livestrong branded shoes or clothing, however, nike will directly contribute to the cancer foundation started back by armstrong in 1977. >>> more moms are the sole bread winners. in 1960 they were the main source of income in just 11% of households. in a new pew study released overnight that number is now 40%. most of those families are headed though by single moms. >> all right this, is a strange one. take a look. there's the jcpenney billboard, it's a new one, and it advertises a new teapot. but take another look here. that's not what most people see. they say this thing oddly looks like hitler. upon closer inspection, it still kind of does. jcpenney responded to the controversy on twitter saying it was unintended. and if they had designed a teapot to look like anything, they would have gone with a puppy. definitely a better call. >> when we did the tease, you said teapot. i thought it looked like a stick figure. >> i thought it was a teapot but when you lo

people at nike or not but we could because in the last year we had to change the name of the lance armstrong fitness facility and change the name of the joe paterno child-care center. that is true but had to take down from their web site the oscar >> guest: -- oscar pistorius commercial which had him saying i am the bullets in the gun and bursting forward. this is the problem. you build people up without any regard for who they are politically or socially or what they represent and you end up with these stories where the next cycle is how to jump on these people and demonize them and all the rest of it and for some people like joe paterno and oscar pistorius they deserve to be jumped on and criticized and all the rest of it but the fact that they were built up so high in the first place should give us pause. also gives us stories like manti t teo. was his crime? making of a girlfriend because he was a devout mormon who didn't want to tell his teammates he had never met her before and his price for that since then looks like not only will cause to millions of dollars in terms of getting draft

that was founded by lance armstrong, most notably everybody knows the yellow bracelets, but, obviouslyvestrong name and foundation continues to help those fighting cancer. also, i wanted to take a look at tiffany. it was higher than expected sales. they did very well in asia. they had their 175th anniversary. they also had valentine's day and the tie to the great gatsby movie helping it along. dagen: than. interesting article about lance arm jng strong how he's not been on an apology binge to all the people he wronged. expwressing -- interesting for that. thank you for that, noi keel. the summer driving season here. gas prices hovering at $3.62 and climbing. we head to the cme for the latest report on supplies, demand, and just what it's been up to. is it legal for health and human services secretary, kathleen sebelius to solicit donations or encourage private companies to spends money to implement obamacare? rich edson is all over that story. you will not believe what he's digging up. look at how world currencies are holding up today against the dollar. ♪ >> at 23 22 minutes past the

> this is the last year he will be associated with the lift strong and the disgraced cyclist, lance armstrongsed $100 million and nike dropped its sponsorship. >>> we saw the dream of a 12- year-old bay area boy come true. >> i am just happy. >> the unfor get about experience after he survived the boston marathon bombings. [ man ] get the 20 piece mcnuggets. what? that lovely girl, caught your eye? 20 piece mcnuggets are only $4.99. you offer to share them. that's pretty smart. [ male announcer ] 20 piece chicken mcnuggets now on mcdonald's new extra value menu. i'm going to dream about that steak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. . >>> time now 5:55, that huge dust storm in the antelo

powerball sounds like something lance armstrong gets after he drinks one of his performance enhancing drinks. the odds of winning are 1 in 175 million. there's an easier way to make that much doing nothing. it's called being a kardashian. if i won the lot i are, this is what i would buy. last night in an auction in new york city, a topless painting of bea arthur of "the golden girls" sold for $1.4 million. it was sold to an anonymous bidder. you would think the guy who paid $2 million for bea arthur' arthur's boobs would want people to know about it. that's a lot of money. the worst part is now my google search history has the words bea arthur naked in it. my kids do a search for the beach, they're going to think i'm nuts. my morning workout routine is i watch other people workout while i eat apple jacks. this is called the squat front raise. but she's in what appears to be her apartment, which will be important in a moment. play close attention here. >> okay, let's work those legs. full body exercise. we're going to do a squat and a front lift. very important. your knees are behind y

. >> nike ending it's commitment to lance armstrong's live strong cancer charity. the move ends a 9-year relationship where nike helped the foundation and made the bracelet a global symbol for cancer survivors. nike dropped it's personal sponsorship of armstrong last october. >> apple's decision to move it's flabship store into union square could spell doom for a popular fountain there. the fountain sits between the levies store on stockton includes moldings from famous san francisco sites. apple plans to move into the old space and plans submitted to the city would replace that building with a square one. renderings do not show current steps or the fountain. abc 7 news contacted apple about the project. >> wonder if they can move it. >> yeah. >> all right. >> he is spishlly on a day like this. >> by weekend we're going to be sizzling. tlk at live doppler 7 hd. you can see sunny skies around the bay area. clouds have been lingering but sunny afternoon. it's gorgeous outside. blue skies right now, clouds will increase overnight near the coast and around the bay. and

. >> nike is ending a partnership with lance armstrong live strong charity. statement by nike said it will stop producing new with strong products after 2013 holiday season. live strong issue a statement that the nike for helping to raise more than $100 million to advance the foundation's mission. nike will continue to support live strong by funding the charity directly. >> a new wall app is helping rural families through hard times. give galaxy is an iphone game where players buy goods to help feed villagers and provide them with medicine. for every dollar spent on goods and the game, 25¢ goes to someone in need for food, shelter or health care. the app is free to download and is available on i tunes. it is already been down loaded more than 50 countries. >> we will be back with more on the kron 4 morning news. >> we're back at 446 this morning. >> wal-mart officials were in a court room entering to charges that they dump hazardous waste across california. a company spokesperson pleaded guilty to misdemeanor counts of dumping pollutants from wal- mart stores

lance armstrong already lost his personal sponsorship to nike after admitting to doping his way to 7r defrance titles. >>> well, heather, are you dragging this morning? you don't seem to be. but do people at home perhaps have trouble sleeping last night? if so you are not line. there are a lot of suggestions to help you snooze. what's real and what's a myth? dr. carol ash is here to separate fact from fiction. thank you for joining us. >> sleep bingeing can help you get caught up on lost sleep. if you lose it over the weekend ask you sleep on saturday and catch up. >> we want to sleep 8 hours a week. we are trying to meet demands. losing sleep. when you sleep in on the weekend you will catch up, but it will offset your natural mod de and internal riment. sleep bingeing is great but you want to get the amount you need. >> but it's fact with an asterisk. number two, a glass of wine can help you sleep better. fact or fiction? >> that's fiction. wine will help you fall asleep initially but it will disrupt your sleep all through the night. that is fiction. >> sleeping pills do the same th

in the lance armstrong revolution, we have to ensure role models are clean. those are areas we can easily work on only because we agreed on. we felt the same about it. we are finding other areas we agree on, and it's not always easy. we've agreed that in the next two years, four years, the most important things we can do together is put most of the effort into things we agree on. there will be times, and we know it. there's going to be times in which we look at the same facts and reach different conclusions and publish separate reports and let the public decide, but, lanny, we look forward to, if you will, the bigger project of delivers whatever service level is agreed to more figurely, at a better value for the taxpayers, and those things are at the very heart of what our committee does, and then if we succeed in that, help me with postal reform. [laughter] that's why we are here together is that we can focus on what, and i know there's press here, focus on when we don't agree or you can look and realize the vast majority of the time, our committee should be

ao*eufrts the latest fallout since lance armstrong admitted to doping. sibler ship deal with armstrong last october. live strong says its charity work remains strong and its committed to continue helping cancer patients worldwide. jenna: brand-new information on the brutal murder of a young soldier in london last week. 25-year-old lee rigby served in gans and was in afghanistan and was the father of a little boy. he was repeatedly hacked by his murderers who were screaming islamist jihadi messages. one suspect has been released from hospital and is now in police custody. greg palkot has more. >> that is the latest development here. it's been nearly a week since the hacking death of that young british soldier but the investigation continues, the questioning continues. over te saw 500 police involved in that investigation, house searches, arrests, four people remain in custody, that includes the two main suspects. but as you just noted as we've learned the past 15 minutes one of those two has been discharged from the hospital, he's been basically transferre

powerball sounds like something lance armstrong gets after he drinks one of his performance enhancing smoothies. [ applause ] >> jimmy: thank you. the odds of winning saturday are 1 in 175 million. which, you know, here in california there's a much easier way to make $550 million for not doing anything. it's called being a kardashian. [ laughter ] that's right. [ cheers and applause ] if i won the lottery, this is what i would buy. last night in an auction in new york city, a topless painting of bea arthur of "the golden girls" among other shows sold for $1.9 million. painted by john curran in 1991, it sold to an anonymous bidder which is -- you'd think the guy who paid $2 million for bea arthur's boobs would want people to know about it. 9 that's a lot of money. the worst part is now my google search history has the words bea arthur naked in it. for all -- my kids do a search for the beach, they're going to think i'm nuts. this is pretty great. i stumbled on this today during my morning workout routine. my morning workout routine is i watch other people workout while i eat apple jack

financial incentive so there will always be those -- i'm sorry, but there will always be those lance armstrongstry to take an edge. >> derrick convinced the board to ban horse slaughter. >> the majority of the american people don't like the idea of slaughtering our horses. our horses are never bred to be eaten. >> welcome. >> yet, even some within the horse racing industry support horse slaughter like radio talk show host and trainer roger stein. >> it is a necessary evil. >> he breeds horses. >> i have a stallion who breeds v a year. >> three reclint showed up on the block at this auction horse. stein claims he knew nothing about it baud mitts. >> the truth is, what do you do with them if they can't race? there is a very real need for the disposal of horses that are no longer any chance of being an asset. they're liabilities. >> derrick disagrees. >> they are people that will bear the responsibility of caring for the horse or giving it a painful peaceful death. slaughter is not an alternative ever. >> i would not eat horse meat, not from the united states. >> the proposed ban comes at a time w

. >> nike is any its partnership with lance armstrong is live strong charity.y nike said it will stop producing a new live strong products after the 2013 holiday season. live strong yet issued a statement thanking nike for helping raise more than $100 million to advance the foundation's mission. nike will continue to support live strong by funding the charity ♪ [ male announcer ] wouldn't it be great if all devices had backup power? the chevrolet volt does. it's ingeniously designed to seamlessly switch from electricity to gas to extend your driving range. no wonder volt is america's best-selling plug-in. that's american ingenuity to find new roads. ♪ the 2013 volt. charge ahead of the rest in the hov lane. ♪ charge ahead of the rest in the hov lane. with stho much competition, finding the right job is never easy.. but with the nation's largest alumni network,, including those in key hiring positions, university of phoenix can help connect you to a world of opportunity.y. >> opening bell for the new york stock exchange on the west and things are going wild on w

he confessed to doping that landed lance armstrong's cycling career. and praised him as the face of the world famous santa rosa cycling scene. he led the tour of california three times. >>> drivers could have to pay a toll and another fee. the san francisco examiner reports transit officials are considering charging drivers a $3 congestion fee to enter the city. they say the fee would reduce traffic and pollution and help fund transit projects. it could also generate $60 to $80 million a year for the city. >>> time now 5:57. sal, what is happening in the south bay? >> we are looking at 280 dave and pam and it looks good. right now it's a good time to get into the valley. same thing with southbound 680 we hit an earlier crash. but that was very minor. now back to you. >>> coming up next. breaking news from east palo alto. one teenage you are was killed two others injured. what we have learned from police. >>> plus deadly tornadoes in the midwest. the horrifying scenes caught on tape. >>> good morning. temperatures either really cool or really warm today

mother put the girl in that crate because she wanted to be with her dog. >>> more fallout from lance armstrong'sng. cutting ties from live strong after a nine-year partnership. the company dropped its personal sponsorship of armstrong last yearing armstrong later admitted to using performance-enhancing drugs. nike will stop manufacturing live strong clothes and shoes at the end of the year. >>> from transfer victim to prom queen in six short works. the true meaning of boston strong. the 18-year-old high school senior suffered serious injuries to her legs. very emotional for siddy. a few short weeks ago, she wasn't sure she would make it to prom. >> when i was in the hospital, i didn't think this was possible. oh, my gosh, rehab, and i just -- and it felt more like i could do it. i feel like i'm going to cry, i'm so happy to be back, but -- see, now i'm going to start crying. it's really good to be here. >> such an emotional time. celeste, sydney's mother, lost both legs and is waiting for a pair of prosthetic legs. >> the queen in waiting tour. >> the duchess of corner wall attracting lots of at

there is a thing called a steroid performance enhancing substance used to pump up their pigs like lance armstrongthat we have to understand is that china is a little different. they imsupport. -- important. frankly china has a track record when they come into countries like canada or the u.s. the big picture is this is part of the buying of america. thaw bought -- >> 6.5. >> this will be another banner year. >> let's just tackle the objections one by one. chinese style, practices and foot safety practices. >> pete ser right. a terrible food record. that government has determined they want to do to agriculture what they did to manufacturing, which is to modernize it. they're not buying pigs with smithfield, they're buying know-how. they want their food supply chain to be better. and so with this deal, they get that knowledge to help them improve their country. the ceo of smithfields did a conference call with investors today and he was at pains to refute all the things that peter was saying. this is not about importing chinese practices into the u.s., this is about exporting u.s. practices to chin

. >>> there's more fallout from the lance armstrong doping scandal. nike will cut ties with livestrong, the cancer charity started by lance armstrong in 2004. now nike will get the contract expire and stop making livestrong gear after the hoyles. nike has helped raise about $100 million for the charity. >>> 7:45. can you spell the word parastria? do you know what it is? that was one of the words at the national spelling bee this morning. pam cook is in the studio following all of the competition and tracking our local competitors. >> yes, pretty exciting. i had to look that up, it's a political movement for reform by the communenyist report by the -- communist report. the national spelling bee going on right now. that was one of the words that opened it up this morning. the spellers are from all 50 states as well as canada, more toe rica, china -- puerto rica, china, jamaica, american sonoma and the u.s. virgin islands. the two bay area competitors are these two girls. neha told us about the word that sent her to the nationals. >> i thought, i know th

. >>> losing money today, lance armstrong's charity livestrong the charity ggest corporate supporter ke officially pulled the plug. nike was the responsibleor the sale of 87 million little yelw livestrong bracelets. saw them everywhere. at a dollar a pop, that is livestrong won't be making them again. that is shame. >>> we'll tell you who is taking on the big boys. plus, unions long suorted president obama d his health ce law but they're now doing a 180 and arguing millionsf members may have to drop their coverage. how will thatit your wallet? more "money" coming up. ♪ . we went out and asked people a simple question: how old is the oldest person you've known? we gavpeople a stier and had themhow us. we leararned a lot of us have known someone who's lived well into their 9. and that's a great thing. but even though we're living longer, one thing that sn't chaed much is the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoyll of these years. ♪ melissa: a surprising new idea for heth care that you haven't heard before. georgia hospitals

nike cutting ties with the livestrong cancer charity founded by lance armstrong who admitted he usedgs to win the tour de france seven times. >>> the death of a prominent private wealth manager at invesco roils the texas community and society in the lone start state. we'll have the details when we come back. ♪ [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ♪ [ agent smith ] ge software connects patients to nurses to the right machines while dramatically reducing waiting time. [ telephone ringing ] now a waiting room is just a room. [ static warbles ] [ telephone ringing ] all stations come over tong room mithis is for real this time.m. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. wit

. >>> this morning, nike has cut ties with lance armstrong's cancer charity live strong. it turn ed a little yellow wris band into a symbol for cancer survivors. together they helped raise more than $100 million for that foundation. nike dropped its personal sponsorship with armstrong last october after it was revealed he was the ringleader of his team's doping program. >> pretty symbolic in a whole new way now. >>> 5:19. bay area's own boston bombing survivor tells his story. >>> reunited after almost 70 years. how a world war ii era diary finally made it into the hands of its intended owner. >>> welcome back. we take you live outside to san jose. it's 5:22 right now. we're taking a look at the forecast with christina. it's going to get warm soon enough. get ready. >> bay area boy who was hurt in the boston marathon bombings got to throw out the first pitch at the a's/giants game. hern suffered hearing loss and serious leg injuries. he actually talked to nbc bay area about his recovery. >> physically, i'm doing a lot better. i get really tired easily. when i lose it, i'm

but after doping scandals involving lance armstrong and other past champions, is cycling going through its own trials in the court of public opinion? >> what can i say? lance [ bleep ] -- >> reporter: cycling fans say the scandals have affected the sport. >> it's hurting, but it's recuperating very slowly about it. >> reporter: although the crowd seemed smaller this year, tour organizers say cycling still enjoys strong fan support. but the fans have to trust that the riders are clean. >> we have always maintained the strictest anti-doping policies here. we exceed a lot of the protocols for even the european races. the sport has changed. >> reporter: the amgen tour is the biggest race of its kind in the united states and 100 california cities have asked to host a start or finish in next year's race. the fans who have stuck with the sport through good times and bad say they will be back. >> i was watching that 50 years ago and i intend to watch until i die. >> reporter: fans say they are sticking with their sport the way baseball fans stuck through their sport when it had the steroids sc

. >> i understand nike is finally cutting ties with lance armstrong's charity "livestrong"?rter: mm-hm. following his admission he used performance-enhancing drugs, nike ended its sponsorship of the athlete last year and it's now ending the nine-year relationship it has with armstrong's foundation which is widely known for its iconic yellow rubber bracelet. >> erica ferrari at cbsmarketwatch.com, thank you. >>> 5:45 now. the nation's midsection once again dealing with this. tornadoes. this time, in the north-central area of kansas, this twister near the town of corning destroyed only one home and damaged several outbuildings today. it's one of several tornadoes that struck kansas in the past couple of days. no reports of major injuries there. but i understand it's not done yet. more tornadoes today, too? >> the country's midsection that boundary between the cold air that comes down from canada and the warm, moist area coming from the gulf in the country's midsection, it could be another severe day. oklahoma may be the same spots again. and here we have some decent weather. s

even found this offering: the american century livestrong fund, a mutual fund co-branded with lance armstrong'sncer foundation. how did this get here? how do funds like these get into my plan in the first place? in seeking an answer, i came across another family of fees. it works like this: in order to get their offerings placed on employer 401(k) menus, mutual funds rely on brokers and plan administrators. in return, the brokers ask for a payment or revenue share. it's a kind of pay-to-play arrangement, or, as some say, a kickback that adds another layer of costs to retirement plans. >> a lot of people use a term like "kickback" because in some ways, it is. it's a legal kickback. there's nothing against the law about it. but it is a sort of "you scratch my back, i'll scratch yours" kind of arrangement. "if you sell our funds, "you will get a portion of the revenue we earn from selling them through you." >> this is a kind of sub-rosa part of this industry, and there's not a lot of information about it. but the fact of the matter is, as far as i know, those kind of payments to brokers for distri

nike cutting ties with lance armstrong's livestrong charity. wal-mart pleads guilty in hazardous waste cases filed in california. it will pay more than 8 m, with an m, to the federal government, is that 80 million? >> yeah, 80 million, i believe. tesla hitting a new all time high. more on that coming up in the program. 110 on tesla right now. check apple after tim cook spoke, 443, up 2 bucks. wall street journal reporting that morgan stanley's real estate unit is looking to raise 1 in 3 billion dollars. and that goes the stock, 16 cents. strong sales at michael kors and now it's down 61 to the democratic luxury maker of handbags and all. to the big board, we're down 87 points, right in line with what was expected. time is money, 30 seconds, let's get on with it. here is what else we've got for you. dr. ben carson joins us. he is back. what's he decided for his future? politics? tv? he's going to tell us. >> california's oil boom could be a bust before it starts. no less than ten bills in the state legislature to stop fracking. we'll ask our voi

after the simpson murder trial we were never shocked that michael jackson and lance armstrong weren't offenders, meet this week's cnn hero that's straight ahead. ♪ ♪ fly me to the moon a. >>> thanks for staying with us. consider this, more than 40% of young people released from california's juvenile justice system end up back in jail within a year. this week's cnn hero saw that revolving door firsthand as a corrections officer. today teresa is giving young offenders and at-risk youth in san francisco a menu of options to build a better future. >> i used to get into trouble, i was selling drugs. >> there was domestic violence in my home. i didn't see a future for myself. >> once i had a record, i felt i wasn't going to be able to get a job. i'll just go back to going what i used to do. >> you guys know better than anybody you're the ones that have to change. i worked as a juvenile corrections officer, often young people would get out ready to start a new life, we put them in the exact same environment and they would come back to jail. witnessing that over and over i could not not do so

nike is cutting ties with lance armstrong. the financial terms of its deal until it expires next year. ford f1 50 pickups with ego boost our the target of a national probe. the trucks lost power during acceleration. dole food is suspending its $200 million stock buyback program indefinitely. they are also planning to use the money to buy three new specialty refrigerator container ships. that is the latest from the fox business network. giving you the power to prosper. ♪ ♪ tracy: a five year high. the case shiller home index posted its highest level in five years. joining us now is former assistant secretary for economic policy at the treasury department at the university of maryland. back when i was a student, i learned fundamental analysis. companies made money, stocks went up. >> it is partly the economic recovery finally kicking in. consumers are more confident. they are more confident about the job situation. tracy: that is what it is about. a lot of people point to the housing market. home prices are trending higher becau

after the simpson murder trial we were never shocked that michael jackson and lance armstrong weren't offenders, meet this week's cnn hero that's straight ahead. ♪ ♪ fly me to the moon a for our families... our neighbors... and our communities... america's beverage companies have created... a wide range of new choices. developing smaller portion sizes and more.. low and no-calorie beverages... adding clear calorie labels so you know... exactly what you're choosing... and in schools, replacing full-calorie soft drinks... with lower-calorie options. with more choices and fewer calories... america's beverage companies are delivering. a. >>> thanks for staying with us. consider this, more than 40% of young people released from california's juvenile justice system end up back in jail within a year. this week's cnn hero saw that revolving door firsthand as a corrections officer. today teresa is giving young offenders and at-risk youth in san francisco a menu of options to build a better future. >> i used to get into trouble, i was selling drugs. >> there was domestic violence in my home. i

. >> earlier this year nike dropped all of their endorsements of lance armstrong in the wake of his admissioner cutting ties with armstrong announcing that it will stop manufacturing livestrong brand shoes and apparel at the end of this year. over the last decade nike has helped livestrong raise over $100 million, mostly through the sale of those popular yellow bracelets. and while it will not be manufacturing products for livestrong anymore, nike says they will continue to contribute to the foundation. >>> the first place boston red sox were back in action last night hosting the phillies at fenway. and what a great moment before the game. jeff baumann who lost both his legs in the boston marathon bombings and the guy in the cowboy hat were on hand to throw out the first pitch. he was one of the people who helped law enforcement identify the bombing suspects. he and arredondo fired in strikes together. over the years shaquille o'neal had his own shoe, his own logo and his own tv show. now shaq has his own drink. yes, that's right. shaq tweeted out a pick of his new cream soda line yesterday.

never quite as shocked again when we found out that our idols, people like michael jackson and lance armstrong with o.j. simpson is still multi generational. >> it is. the younger people remember the murder trial and all the sensation around that. when we were watching tv every day watching that trial. people of your generation, my generation remember him playing football. we remember his movies, the ads. he really is transcendent in that way. when you talk to very young people, you try to compare him to somebody now like i don't know, maybe lady gaga, to try to get across to them, this guy was a huge superstar in the '70s and 80s. hard to put it into words. he was everywhere. >> it seems a lot of us always will remember exactly where we were when we were watching that bronco chase. >> where were you? >> on the north lawn of the white house. i was the white house correspondent and with you late that night and there i was getting preempted by o.j. simpson because the whole world was watching. >> the white house wasn't quite as important that night. >> during the bill clinton administration. >>

lance armstrong lost his personal sponsorship to nike after admitting to doping for seven tour de francelaying career may be over but david beckham looking to make moves on the field. he is visiting miami where he's looking to make ownership of a soccer team. there's also a report that beckham may open up a restaurant in las vegas with gordon ramsey where ramsey will scream at people and then he'll console them. >>gretchen: let's go to maria for the weather. >> good morning. we're out here in new york city where we actually have very dense fog. that is the story of most coastal areas on the northeast. temperatures will be warming up into the 80's. we have a storm system farther west. it is quite dangerous. anywhere from parts of texas all the way up to minnesota and wisconsin. even in the northeast we could be looking at severe storms. we have all the ingredients coming together to produce a severe weather outbreak especially as we lead into this afternoon and this evening. this area shaded in red is where we could actually see very violent tornadoes, longer track and maybe ef-3 strength

following the doping scandal that stripped lance armstrong of his seven tour de france titles, nike willp promoting live strong products at the end of the year. nike helped the company raise 100 million dollars mainly with the sale of those popular yellow bracelets. >> "the washington post" a new study from the pew research center show that 40% of american households are earning more than than their husband pen it's driven by higher education rate and also women in the workplace. >> obviously more women are graduating than ever before than men and with better grades but that is besides the point. it's because a lot of men are being phased out of the work force and women are filling in the spots at less pay so they may be making more than their counterparts at home but they are not at work. so there's still a lot of problems here. >> willie and i just don't think that is right. >> i know. >> mike is offended as well. rattner has made billions off this trend so he will not get in on it. >> look at rattner. >> willie, the daily news today, anthony weiner, right here, daily news leading amon