. >>> major funding for "religion & ethics newsweekly" is provided by the lilly endowment, an indianapolis based private family foundation, dedicated to its founders and christian religion, community development and education. additional funding provided by mutual of america, designing customized, individual and group retirement product. that's why we're your retirement company. the estate of william j. carter. the jane henson foundation and corporation for public broadcasting. >> welcome. i'm bob abernethy. it's good to have you with us. several major decisions from the supreme court this week. five of the nine justices voted to uphold president obama's healthcare law, saying the law's individual mandate is legal. religious groups were divided over the legislation. some had called healthcare reform a "mol imperative" while others worried the law would allow federally funded abortions. faith communities had also lobbied hard around arizona's immigration law. on monday, the court struck down three parts of that legislation. but, it left in place the requirement that local police check the i

pond now golden gate park lilly pond is over run. the frog, living in aboundance under water must -- abundance under water must be removed. >> many are released by misguided humans and when they are released they are subjected to environmental perils that cause them to starve. >> nature is beautiful no matter how you look at it as long as you get the values out of it. >>> the city plans to drain the pond aat the cost of $100,000. but removing the frogs are not that simple. environmentalists are worried they will move to another pond. this pond is a visual reminder of what can happen when people grow tired of pets and release them. >> reporter: fish and game officials plan to remove the frogs by this fall and that is when the city can restore this pond. live in san francisco, sal castaneda, ktvu channel 2 news. >>> a police dog helped chase down a suspect today after authorities discovered a large marijuana grow. state fish and game and officials found athe farm in the san jose -- found the warm in the san jose foot hills. police dog

the suspect, lillie foots-wilson, is expected to appear before a judge today.ficer puts his car between a wrong way driver... and dozens of innocent commuter. commuters.the officer had just pulled over a truck when he saw a car going the wrong way drive past him.so the officer took off after him... and managed to get ahead of the car. he then turned his car in front of the driver... and stopped him cold.the wrong way driver was confused... but otherwise okay. two shoplifters are caught grabbing clothes and dropping their baby! police say two sisters allegedly tried to steal some clothes at a walmart and were caught on tape. officers say when the women were stopped by store security... they bolted... leaving behind a one-year-old baby in a shopping cart. "once they were approached, they, you can see on the video clearly that the one girl, the actual caretaker of the child, takes off running." running.""when the loss prevention officer asked her, 'are you going to come get your child?' she said, 'it's not my child. it's not my child.' and she continued to leave,

. >>> major funding for "religion & ethics newsweekly" is provided by the lilly endowment, an indianapolis based private family foundation, dedicated to its founders and christian religion, community development and education. additional funding provided by mutual of america, designing customized, individual and group retirement product. that's why we're your retirement company. the estate of william j. carter. the jane henson foundation and corporation for public broadcasting. >>> welcome. i'm bob abernethy. it's good to have you with us. religious groups are among those expressing sorrow and outrage over the shooting massacre at a colorado movie theater on friday. president obama called for a day of prayer and reflection for the victims and their families. in other news, as the international community continued to wrestle over a response to the growing violence in syria, religious leaders intensified their calls for more humanitarian aid and an end to the crisis. a catholic archbishop inside syria urged world leaders to "speak with one voice" in order to bring about peace. meanwhile, the

lilly leadbetter, equal pay. three republicans voted for it in the house.ttempted to raise the debt limit to maintain the full faith and credit of the united states and not a single republican met the responsibility of meeting that requirement. resulting in negotiation which brought us to the brink of disaster causing america's credit rating to be lowered for the first time, but it wasn't until later. folks, it wasn't until later that we learned this was a plan. obstructionism was a plan from the outset. according to the recent book, by the respected author robert draper, he stated in a meeting the night of inauguration and according to draper and republican leaders with kevin mckarthy and they gathered and mccarthy in the book is reported to have said if you act like you're a minority, you're going to stay a minority. we've got to challenge them on every single bill and challenge them on every single campaign. newt gingrich who was also there said and he was prophetic, you will remember this as the day the seas of 2012 were sewn. well, there were seeds of

. >>> major funding for "religion & ethics newsweekly" is provided by the lilly endowment, an indianapolis basededvate family foundation, dedicated to its founders and christian religion, community development and education. additional funding provided by mutual of america, designing customized, individual and group retirement product. that's why we're your retirement company. the estate of william j. carter. the jane henson foundation and corporation for public broadcasting. >>> welcome, i'm bob abernethy. it's good to have you with us. thousands of political leaders, doctors and activists gathered in washington this week for the biannual international aids conference, held for the first time in the u.s. in more than 20 years. at a georgetown university summit timed to the conference, religious groups highlighted the role of faith-based efforts in combating the disease internationally. mega church pastor rick warren urged churches to work with diverse coalitions in the fight. >> i don't have to agree with everything you do to work with you on things we can work on. >>> widespread mourning

plus eli lilly's ceo.d, squawk will be right back. [ female announcer ] want to spend less and retire with more? then don't get nickle and dimed by high cost investments and annoying account fees. at e-trade, our free easy-to-use online tools and experienced retirement specialists can help you build a personalized plan. and with our no annual fee iras and a wide range of low cost investments, you can execute the plan you want at a low cost. so meet with us, or go to etrade.com for a great retirement plan with low cost investments. ♪ >>> he's a titan in business and finance. sandy weill joins us for the rest of the show. it's an exclusive interview you wouldn't want to miss. >> and the latest quarterly earnings this hour. the soft drink pepsi. and eli lilly joins us as the second hour of squawk starts right now. >>> good morning, everybody. welcome back to "squawk box" on cnbc. i'm becky quick along with andrew ross sorkin. joe is on vacation this week. >> nasdaq is under pressure because of the miss from a

be in a parade, try it out. >> did lilly use this one? >> good girl, hodi!rsonalize these with little stars. >> that was fun. >> the party's starting, guys. . >> what is michael doing down at this end? >> michael is a still walker. >> look how cute! >> you have two cans of tomato sauce. puncture the sides of the can, pour out the sauce. dry it, paint it and put ropes between it. and you have made stilts. they're very solid because you didn't take the top of the can off. we can walk on that. this makes a great game. you can do races in the backyard. >> just have your band-aids available. when they get hurt. >> is this a bowling game? >> this is the patriotic version of bowling. it is called rocket launch. here's your rocket. hoda, here is yours. these rockets are made out of little children's socks. you use a funnel to fill them with 1/2 cup rice. then you tie them with ribbon and elastic band. the idea is, you get three tosses and see who can hit the cans down fastest. >> oh, wow! >> i thought you were supposed to toss it. >> i did! >> you threw it. that's a

so the first law he signed was the lilly ledbetter fair pay act to help ensure that women are paid theame as men for doing the exact same work. because president obama knows that fairness for women means a stronger middle class for america. [ obama ] i'm barack obama and i approve this message. >>> welcome to the fox saturday baseball post-game show. with kevin millar, matt vasgersian. we just got through watching the new york mets with the road winner. dodgers sleepy bats continue to be a problem in los angeles. >> is it a problem. they have to continue to get a bat. get creative. mattingly might make a comeback, too. you never know. >> i heard you. kristin davis with ike davis wid one of the mets' heroes. after the win he spoke with ken rosenthal. >> kenny: ike davis, three-run homer. they walked david wright to get to you. some players get motivated when that happens. what was your mind set? >> player: hopefully, i want to get a run across the board and stop doing it. david is our guy, having a great year. walking him is not the worst idea. especially to get to me. i'm hitting .200.

. >> now he is living with lilly, she grew up helping him.ly helped push david towards college, but in second grade, he was referred to a specialist because he was failing in school. being diagnosed, and put in special education helped david get the support that he needed. jerry helps him learn not to obsess over the small things, and some basic social skills. >> standing in line, standing up and looking to someone and you talk to them, giving people their space. >> it has devices in here to keep the current flowing. >> sunday davis says that he would like to invent a machine that would generate clean energy. but for now he says >> it is amazing that i am here. and i'm amazed by myself. because, despite my disability, i have risen above everything. >> david will need a lot of support to get through college, and if you would like to help him and other low-income kids like him, consideration to the students rise in the most callous of funds, go to students rising above dye packor and you can get updates on all the kids you have helped to send t

so the first law he signed was the lilly ledbetter fair pay act to help ensure that women are paid the same as men for doing the exact same work. because president obama knows that fairness for women means a stronger middle class for america. [ obama ] i'm barack obama and i approve this message. ♪ ♪ [ male announcer ] everyone likes a bit of order in their life. virtual wallet helps you get it. keep track of spending, move money with a slide, and use the calendar. all to see your money how you want. ♪ . >>> pepco's president is aware of the frustration and anger of residents. this is what they dealing with tonight. more than 44,000 outages in the district and about 120,000 in montgomery county and more than 37,000 in prince georges county. and tom fitzgerald is where many of the largest trees came down. tom? >> reporter: we spoke to the pepco president a short time ago. and they started with 443,000 people in their service area without power. they got that down now to about a little over 200,000 folks still estimate it's going to be friday night before everyone they expect to be fully

lilly ledbetter equal pay, three republicans voted for it in the house.we attempted to raise the debt limit to maintain the full faith and credit of the united states, not a single republican met the responsibility of meeting that requirement, resulting in a negotiation that brought us to the brink of disaster, ultimately causing america's credit rating to be lowered for the first time. it was not until later that we learned this was a plan, obstructionism was the plan from the outset. according to a recent book by robert draper, the author stated in a meeting the night of inauguration, according to draper, republican leaders from paul ryan to eric cantor to kevin mccarthy, mccarthy is reported to have said if you act like you are a minority, you are going to be in the minority. "we have to challenge them on every single bill and challenge them on every single campaign." newt gingrich, who was also there, said, and he was prophetic, "you will remember this as the day the seeds of 2012 were sewn." mitch mcconnell said, "the single most important we want to

wrap >>> and frustrating trouble from a lilly pond. hi parents, big year for spelling.l n-e-e-d. ♪ pens and markers, paper wide ruled. ♪ ♪ hoodies, sneakers, tape, sticks of glue.♪ ♪ large boxes pencils, highlighters. ♪ ♪ sneakers and t-shirts. ♪ notebooks and jeans, ♪ notebooks and jeans, ♪ notebooks and jeeeeans, yeah! ♪ ♪ notebooks and jeans! announcer: school takes a lot, target has it all. >>> stocks on wall street flipping between small bans and losses in early trading today. ibm, wall green, ebay, and other companies rising after reportedly strong earnings but make reports came in less than expect the. >> the dow is up 22. the nasdaq is up 24 and the s&p is up 3. >>> this morning, the labor department announced 386,000 filed for unemployment when fits. that's 378,000 more the wok blood pressure. >>> apple is being ored cash cash ordered by the -- by moon that he it not infringe on their design. so they are asking to put a sign in front of their yard that says it was wrong to pattern against their reships. >> translator: whatever that means (. >>> last night, elia

so the first l he signed was the lilly ledbetter fair pay act to help ensure that women e paid the samee exact same work. because president obama knows that fairness for women means a stronger middle class for america. [ obama ] i'm barack obama and i approve this message. >> as we head into the frth of july holiday, and numbmber of the week is $3.46 billion. the number of dollars spent on imported u.s. flags. most of them come from china. the u.s. exported about $663 million of americican flags. about $80,000 crossssed the bordeder last year. we hope younjoyt waving your fourth of ju flathis holidaday.. we hope you join us next sunday. i'm rebebecca cooper. [ wife ] your dad's really giving him the business... the designated hitter's the best thing to happen to baseball! but it's not the same game! [ wife ] wow, he's really gonna get us a good deal. it's better! no it's not! the pitcher comes up and he's out! [ dealer ] he can bunt! whatever. but we're good with 0% apr for 60 months? oh yeah, totally. thank you so much. that must've been brutal. [ male announcer ] the volkswagen autoba

the first bill the president signed was the lilly ledbetter law so that women -- [ applause ] so that women could fight back when they weren't paid the same as men. thanks to president obama, don't ask, don't tell is history. so is the war in iraq. and so is osama bin laden. and that's just some of what he's done. he saved the auto industry. he signed the anti-nuclear proliferation treaty. expanded oil production. made record investments in clean energy. doubled fuel efficiency standards. put hardworking immigrants on the path to hope and is restoring our reputation around the world. that's why it drives me crazy when people say, what has he done? none of these things were politically popular to do, but they were all the right things to do. and i know for me, i spent the last ten years in new york city fighting for education reform. and improving our schools. because i really believe that education is the most important long-term issue that we face as a country. and president obama has been way ahead on that. an economic issue because the countries that out-educate us today will out-c

so the first law he signed was the lilly ledbetter fair pay act to help ensure that women are paid the same as men for doing the exact same work. because president obama knows that fairness for women means a stronger middle class for america. [ obama ] i'm barack obama and i approve this message. >>> patience wearing thin very quickly for a lot of drivers in bethesda today. traffic signals were out at hundreds of intersections like this one at wilson lane and st. elmo avenue. many homes were damaged by fallen trees. this huge old oak tore the porch off the house and crashed into the roof, right into the bedroom. >>> another night of concern over the weather in richmond. the national weather service issued a tornado warning for the area after someone spotted a funnel cloud about seven miles outside the city. >>> coming up next, news 4 at 11:00 continues with more on the widespread damage throughout our area. more than a million without power right now. meteorologist tom curine joins us with how many days they'll have to endure dangerously hot temperatures. >>> gas lines, people waiting

so the first l he signed was the lilly ledbetter fair pay act to help ensure that women are paid theng the exact same work. because president obama knows that fairness for women means a stronger middle class for america. [ obama ] i'm barack obama and i approve this message. >> we arewo people who have suffered. she has suffered a loss i in her fafamily. >> is the northern ireland deputy minister mark mcginnis. this week he shook hands with the queen. he is a former ira commander. the irate assassinated the queeeen's cousin. an amazing moment. >> an amazing moment. it is hope, hopee everywhere. open the middle east. let this be an inspiration. i will say a word for the queen. she has never been o on my dance card but i have to admit this is a woman who shows sense of leadership and h histo and a sense of magnanimity. it was the ira that killed her favorite cousin. >> who wasesponsible essentially for her marriage to prince philip. >>>> it is an historic moment. i agree with mark. it tells us that it is still possible for people far apart to come together. it can happen there why can

that was the case for lilly ledbetter. have you heard of the famous case?for those of you who haven't heard it, worked for the tire and rubber company for 20 years in a supervisory on the floor someone go to a letter in bad you didn't know this, but you're making significantly less than the guys who had the same job. so she sued guccione her case in the court, brought to the supreme court. the supreme court turned it down and said, you didn't file a case after 180 days, which was the rule. of course she didn't know until 20 years later and is cumulative. so the first bell that barack obama sign in to was the lilly let other fair pay act. so if you don't know, you can't challenge anybody. and so i think some might help you create dio for more employers who write the public information analysis sometimes women, studies have shown, don't negotiate as well or it's tough salary and creases for promotion. and sometimes we may even have to train people. or something that holds you back. of course sometimes you can't ask for a raise because you are afraid you might

candidly, i like eli lilly. you'll get better stock performance at this point. like the stock, herk merck is monster. but eli lilly has better upside. >> the ten-year, millions of investors get up and they still buy a treasury rather than buying a stock that gives you 3% more. >> it gives you 4%, assuming that the stock doesn't go anywhere. you take on tremendous market risk any time you buy a stock. so i think the market is really trying to tell you, there's so much uncertainty out there. people would rather be in treasuries than the u.s. equity market. the fact that we held 1325 now at least for now is somewhat encouraging. >> what are you doing when it comes to the defensive plays? >> i continue to own merck, i don't plan on selling it. and i don't think you have to chase it here. to guy's point, trades at a of 11 pe. i think this is a late call. of this the low call on the street as far as the target of 34. now the high call on the street at $50 on the target. so today's upgrade, while it fits very nicely for merck today, i don't think you need to chase it.

so the first law he signed was the lilly ledbetter fair pay act to help ensure that women are paid the same as men for doing the exact same work. because president obama knows that fairness for women means a stronger middle class for america. [ obama ] i'm barack obama and i approve this message. . >>> glaks co smithkline will pay $3 billion to settle a fraud case. they promoted two drugs for unapproved uses and failed to disclose safety info about avandia. >> we are determined to stop practices that violate the public trust. >> the company agreed to be closely monitored by u.s. government officials for five years. >>> investigators are trying to figure out what sparked a fire on a bus on new hampshire avenue in silver spring. we're told the bus did not have any passengers at the time. no one injured. that accident did cause traffic delays, though. >>> two pilots who escaped a naval jet just seconds before it hit an apartment complex will -- crash into an apartment complex in virginia beach back in april. that jet had just taken off from the naval air station oceania. the two man crew

so the first law he signed was the lilly ledbetter fair pay act to help ensure that women are paid the men for doing the exact same work. because president obama knows that fairness for women means a stronger middle class for america. [ obama ] i'm barack obama and i approve this message. ♪ ♪

lilly lead b lilly leadbetter, ledbetter, not a single republican met the responsibility of meeting that requirement. resulting in a negotiation that brought us to the brink of disaster, all of the money causing america's credit rating to be lowered for the first time but it wasn't until later, folks it wasn't until later that we learned that this was a plan, obstructionist was a plan. a book from robert draper, he stated, in a meeting the night of inauguration, according to draper, republican leaders from paul ryan to eric cantor to mccart three, he said, if you act like a minority, you're going to stay a minority. we've got to challenge them on every single bill and challenge them on every single campaign. newt gingrich, who was also there, said -- and he was pro thetic. he said, you will remember this as the day there were seeds of sewn. well, there were seeds of destruction. later, mitch mcconnell said it out loud when talking about lessons he learned from history, he said, the single most important thing we want to achieve is for president obama to be a one-term president. not to ge

♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ >>> major funding for religious and ethics news weekly is provided by the lillyundation dedicated to its founders' interest in religion, community development and education. additional funding also provided by mutual of america, designing customized, individual and group retirement products. that's why we're your retirement company. the estate of william j. carter, the jane henson foundation and the corporation for public broadcasting.

so the first law he signed was the lilly ledbetter fair pay act to help ensure that women are paid theame as men for doing the exact same work. because president obama knows that fairness for women means a stronger middle class for america. [ obama ] i'm barack obama and i approve this message. good day for tiger. first tiger won arnold palmer's tournament. then jack nicklaus's. and tyiger won his own tournament. third win of the year. 74th tour victory. past nicholas on the all time tours win list. out out to congressional. the putter worked on nine. ten-foot birdie good. he and the co-leader would bogey 16. head to 17 tied. that's vanpelt's approach. here is a hint. out of camera range. not a good shot. he would bogey 17. tiger wins his tournament at eight under. two strokes ahead. takes home a trophy. much more from him in the tournament coming up on sports final. let's go to baseball, atlanta braves hosting the nationals. a fan with a fan is a fan with a plan. say that ten times fast. ryan zimmerman's slump. ancient history. four runs batted in. including the solo in top of the fif

. >> susie: also tomorrow, we'll be watching for earnings from major drug makers like eli lilly and bristol myers squibb, and we will talk about the outlook for airlines' profits and ticket prices. >> tom: even though apple wasn't as profitable as some analysts expected last quarter, the company's success is another lesson in the power of brands. a strong name brand can be a strong contributor to the bottom line, even for those borrowing the brands of others through licensing deals. here's rick horrow with tonight's "beyond the scoreboard." >> reporter: crazy about your favorite sports team? can't resist the urge to buy every product with their logo on it? you aren't the only one. one of the benefits of being a strong brand is the ability to license your logo to manufacturers for the opportunity to make a lot more money. the sports and collegiate licensing business is a $21.7 billion worldwide industry, generating over $1 billion in royalties annually. companies of all sizes have gotten into the licensing game. walmart, the world's largest retailer, has a deal with nascar to manufacture mer

. >> reporter: in silver spring, maryland, lilly goldsmith withhold up to learn her friend across the street, died when a tree came crashing through her bedroom. >> horrible. i'm still shaking. >> reporter: the extreme conditions impacted millions in nine states from the northeast to the midwest. monster storms in ohio tossed trampolines into trees, power oines on to streets, leaving people trapped in their cars. parts of this 200-year-old church in somerton were ripped to shreds. >> took the roof off the church, eamaged a couple of houses. >> reporter: the damage so hivere, ohio, virginia, west virginia and washington, d.c. arclared states of emergency, nll this on top of the sweltering heat, with temperatures across the region te egren today nearing 100 degrees. around the nation's capitol, 1.5 million people were without power, hotels are filling up, daanda atkinson booked a room for her toddler, sister and two dogs after learning her electricity could be out for a week. e> it seemed to be getting already very warm at about 8:00 o'clock this morning in our house so it seemed like i

so the first law he signed was the lilly ledbetter fair pay act to help ensure that women are paid thes men for doing the exact same work. because president obama knows that fairness for women means a stronger middle class for america. [ obama ] i'm barack obama and i approve this message. >>> just 25 days to go until the start of the summer olympics in london and tonight an unprecedented tiebreaker has been called off. after that extraordinary third place finish that not even a photo could call americans jeneba tarmoh and allyson felix were competing for a spot on the u.s. track and field team. they had agreed to go head to head tonight but earlier today tarmoh changed her mind. she feels she won the first time so felix will run the race in london, tarmoh will go but as an alternate. the two women, who are training partners, say they are still friends. here is the true olympic spirit. the 2008 olympic all around champion nastia liukin slipped on the uneven bars over the weekend falling face down on the mat but picked herself up and finished the event then got a standing ovation. in th

. >> last night in a pitch plaque neighborhood, we found luis and lilly bracing for high temps and high humidity. >> staying really still and hope a little breeze cools you off. it seems to work. actually, we've been most confirmed about our dogs, pets. >> friday night's 91-mile-per-hour winds left a trail of destruction in their wake. over hundreds of miles, massive trees are down. with them an entire network of power lines. >> no one predicted that this storm would be of the magnitude it was or of the violence that it was or cause the number of power outages that it did. >> in hard hit maryland, crews have been working around the clock to restore power. it could be a long, hot independence week with no relief. >> july 6th, that will represent restoration for the vast majority of our customers. at least 90% of the customers will have their service restored by friday evening. >> that means some customers could spend five more days without power. with no air conditioning, no ice, no fans, communities opened cooling centers like this one in arlington, virginia for anyone seeking relief an

so the first law he signed was the lilly ledbetter fair pay act to help ensure that women are paid theame as men for doing the exact same work. because president obama knows that fairness for women means a stronger middle class for america. [ obama ] i'm barack obama and i approve this message. >>> welcome back, everyone. i'm jim happenedly at 4:30. i'm pat lawson hughes. recovery is inching along. hundreds of thousands of residents are still without lights or air conditioning. right now pepco is reporting nearly 230,000 outages, dominion reports 160,000 outages in northern virginia. no investment. k has about 3900. in maryland bge reports about 67,000, and first center reports 4500 people still without their electricity. utilities say it may take up to a week still to restore power to everyone. as for getting around to help driving leaving the district, hov restrictions in montgomery county are suspended. hov restrictions have also been lifted on i-66 web, but only inside the beltway. this is a mass i have been storm that left destruction not only in the washington area, but along the

so the first law he signed was the lilly ledbetter fair pay act to help ensure that women are paid the same as men for doing the exact same work. because president obama knows that fairness for women means a stronger middle class for america. [ obama ] i'm barack obama and i approve this message. ♪ ♪ [ male announcer ] everyone likes a bit of order in their life. virtual wallet helps you get it. keep track of spending, move money with a slide, and use the calendar. all to see your money how you want. ♪ >>> the state department is monitoring the investigation into the death of an american journalism student in mexico. armando montag in a was an intern in mexico city. his body was found early saturday in an elevator shaft in an apartment building near the play where he was staying. he was a recent graduate of grenl college. after his internship he was set to start a adjournism internship in spain. the circumstances of his death are under investigation. >>> the military is grounding firefightering plains after a c-130 plane crashed last night. it had been helping to battle the wildfires i

so the first law he signed was the lilly ledbetter fair pay act to help ensure that women are paid the same as men for doing the exact same work. because president obama knows that fairness for women means a stronger middle class for america. [ obama ] i'm barack obama and i approve this message. going all these days without electricity and air conditioning isn't just frustrating for senior citizens, this heat can be dangerous. month gonalry county executive visited a home for senior citizens this afternoon, talking to people who are living without power and relies on fans. senior centers, nursing homes are on the priority list for restoration, but leg get believes more needs to be done. >> it's not enough given the number of nursing homes andaged people we have in the community, that you simply need to bring in more crews in order to help. >> ike leggett says pepco's estimate, he's call it, quote, unacceptable. >>> as you've seen, downed trees have damaged homes. >> and the cleanup can be costly. tissue al thompson is here with who -- >> everywhere we went, we saw huge downed trees. t