on the day she was discovered, pearson remembers receiving a phone call.uldn't believe the news after 18 years and assumed it was a prank because the homicide cold case unit had just re-opened jaycee's case. >> had just been in contact with her mother a few weeks prior to her recovery just by coincidence. >> reporter: he declines to comment on his conversations with jaycee, still feeling a need to protect her privacy. >> but i think it needs to be her story to tell. >> reporter: pearson didn't indicate if he plans to read jay city's book but he was well aware of the -- didn't indicate if he plans to read jaycee's book, but he was well aware of the sellout. koula gianulias cbs 5. >>> president obama walked out of today's meeting on the debt ceiling on the day that the government faced the threat of losing its top-notch credit rating. that's according to republican house majority leader eric cantor who tells reporters before leaving the meeting the president said, quote, don't call my bluff. i'm going to the american people. then he pushed himself away from

verne pearson believes the garridos targeted other young girls including garret. >> it is inescapablere are numerous additional victims of phil and nancy but in particular phil. >> pearson sees garrido as a master manipulator and believes that the convict is at least as intelligent as most of the psychiatrists and psychologists who have assessed him. the d.a. also says that garrido is probably just as knowledgeable about their testing procedures as the doctors that he faced. >>> san jose state university will have such a big freshman class this semester that there is a scramble to find places for them to live. in fact, more than 200 students may have to live at nearby hotels this fall semester. now, contributing to the problem is a new policy at san jose state university. incoming freshman who live more than 30 miles from campus are required to live on campus. now, there isn't enough room for everyone. >> san jose state is very fortunate in that we'll be welcoming 4,000 freshmen in fall 2011 but these a huge increase from 2 ,700 in the year previous. that means we have a ton of demand

back to you. >> hampton pearson, hampton, thanks so much. have a great weekend. >> you too. >> thanks. >>> a health warning this morning. new studies indicate that being admitted to the hospital in july may increase the duration of a patient's stay in the hospital, and increase a patient's risk of death. a study by researchers from the university of san diego found that during the month of july, there is a 10% increase of lethal medication errors at teaching hospitals. dr. steven hopping joins me now this morning to talk more about this problem. good morning. this is alarming. >> hi, eun. >> hi, nice to see you. this is alarming. why is there this increase in mistakes at teaching hospitals for the month of july? >> well, i think this has been suspected all along. this study is very interesting. i mean, we have great teaching hospitals here in washington and they've saving lives every day, but studies have shown that during the month of july, when students now become residents, they're responsible to nurses, to handling emergencies, to making

3bbll pearson joons us live from pensacola florida ith more.bill?ghh nnw (since thee may delay the launchh --possible auuchhmay delayy the now (siice they 3 may deeay the launch) --possibbe optioos for launch if it's delayed. --the hhstoricc 33 natureeof the flight (bill has spoken wwth a flight (bill has spokennwith 3 flight (biil has naaure of the --the historic nature of tte flight (bill has 3 spokkn with a numbee ofpeople there for number ofspokee with a flight (bill has nature of the ---hh historic 3 natuueeof the flight (bill has spoken with a number ofpeeplee there for the collr aad flavor of the event.) still to come.. 3 maryland is getting fatter! says we rank in the country for obesity! youure watching - fox 45 mornnng news.. all pocal.. all morning. 3 ((break 3)) hé (28:01)we love our olish &ppausages we love corn beef lake trout trouubut mayye eatiig seconds -3pnd thirds of that stuff... was a bad idea.a new report shows we're getting fatter 26th most obbse state in the natiin. 3 kelly o'connor,,a ieticiann with mercy medical center is h

. >>> i'm hampton pearson with the cnbc market wrap and here is how the stocks are doing today.e day rally under way. right now the dow is up over 200 points and the s&p up 21 points and the nasdaq up more than 59 points. network equipment maker cisco systems will layoff about 9% of the workforce by august. the computer networking giant says the move is to cut costs and raise profits. >>> american express is hoping to cut into groupon and social deals by launching a facebook app that offers personalized e coupons based on profile information, and amex holders will click on the deal and charge it to their account. that is first from cnbc, first in business worldwide. ezra, back to you. >> thank you, hampton. >>> if a debt deal is going to work, it has to satisfy two constituencies, wall street and washington washington is worried about the details, how much of it is taxes and how much in spending, and are the poor protected? are the rich protected? if it does pass, the people who passed it survive the next election in wall street is worried and the big picture, does it cut the de

. >>> i'm hampton pearson with your cnbc market wrap. the dow jones industrial slumping 43 points.&p up a point. the nasdaq adding 24. a couple of solid session rallies this week, leaving the markets in the green with the nasdaq looking especially strong on the back of robust earnings in the tech sector. in techs today, chip maker amd surged on an upbeat forecast. that gave intel a boost as well. microsoft higher after beating earnings expectations last night, and apple said to be considering putting in a bit for hulu.com. ge finished lower despite a 21% jump in profit. mcdonald's hit an all-time high after earnings showed stronger-than-expected sales growth in all regions. it was caterpillar dragging on the dow after missing profit expectations despite beating on revenue and raising its full-year outlook. that's it from cnbc news in business worldwide. now back to "hardball." >>> extreme. it's literally like hell on earth. >> a lot better than a blizzard, but still not good. >> really, really hot. >> very, very, very hot. >> welcome back to "hardball." i just read a provocative pi

if you read paul pearson and jacob after's book there have been global development on this kind of thing but to the rest of the world this is not the case. only in america do we have this degree of inequality. the next phase of the class war is what you see in wisconsin which is the attack on public unions to stand up for working people of corporations having power in the system, the only people who can oppose them are public unions so they are going after public unions. obama refuses to recognize this fact. he have all this why don't we get along stuff, why can't we be friends. the fact is we can't. if one side is fighting a war and the other side has their hands tied behind their back that side will do really well. we see that in the notion in washington that the only person talking about sensible governance is paul ryan. he is not talking about sensible government in washington. he is talking about what the conservative media pretences sensible government. the fact is if you take his own numbers, using this as an example take paul ryan's own numbers he does nothing about the deficit f

. >>> i'm anthony pearson with your cnbc wrap.up rally on strong corporate earning and a bipartisan plan to lower the deficit. the dow jones industrial soaring 202 points. the s&p 500 jumping 21. the nasdaq surging 61 points. coca-cola, ibm, wells fargo, harley davidson, gist a few of the big names moving higher today on better than expected quarterly earnings. but we also had goldman sachs falling far short of estimates on sharp drops in trading revenue and bank of america posting a loss that $8.5 billion settlement wouldn't work with investors. gains accelerating after president obama backed the gang of six proposal that would cut the deficit by more than $4 trillion, and two big names reporting after the closing bell. yahoo! delivered and apple's earnings, blowout results again last quarter boosted by soaring sales of the ipad. that's it from cnbc, first in business worldwide. now back to "hardball." >>> no, no, no. oh. oh. . >> welcome back to "hardball." 9 scene earlier today. it wasn't quite caught by the camera but a protes

. >>> hello, i'm hampton pearson with your cnbc market wrap.he stocks are doing today. so far, easy to be green on wall street. right now the dow is up 151 points, and the s&p up 18 and the nasdaq up 20. now, after two-week steady decline applications for unemployment benefits are back up and this time jumping by 10,000. checks in the mail for homeowners who were overcharged by countrywide home loans to pay out as part of the $108 million settlement with the federal trade commission. and if you are addicted to angry birds on the smartphone, you can soon get your fix on your living room tv. a box set with the game and the controller will be released next month ain retail for $100. that it is for cnbc, first in business worldwide. richard, back to you. >> thank you, hampton. >>> whenever we leelect a president or governor or even a mayor, the question comes up, public or private? for some, it is a touchy subj t subject. here is mayor rahm emanuel and governor chris christie and others facing the same question. >> my children are not an instrument

. >>> i'm hampton pearson with the cnbc market wrap.at how the stocks are dwoing on the final day of the trading day. it is a mixed day with the averages. the dow is down 63, almost 64 points and the s&p down less than a point and the nasdaq is up almost 22 points. now, some borders bookstores have started to clear the shelves today with going out of business sales. the 40-year-old book giant has decided to liquidate after a potential private equity bid fell through. >>> and now american airlines has a way to use randomized boarding and randomly assigning the travelers without elite status to boarding groups shaved 25 minutes off of average boarding times. that is it for cnbc, first in business worldwide. martin, back to you. >> thank you, hampton. >>> and now for the 2012 race for the white house and ges who is back and making the rounds? that is right the donald and former and possibly future candidate donald trump took to the airwaves on thursday to let the world know what he thinks of the gop field. asked about congresswoman michele

. >>> i'm hampton pearson with your cnbc market wrap. stocks ending lower but off session los. industrial falling 94 points. it had been down about 170 points around noon. the s&p 500 sliding 10. the nasdaq giving up 24. >>> one investor telling cnbc today that it wasn't like uncertainty hi gone away over the weekend. ongoing european debt concerns and a lack of progress in the debt ceiling talks here at home all weighing on stocks today. >>> financials under pressure after barclay the cut its price targets on citigroup and started digging in stress tests on european banks that came out last week. >>> kniss corp. continues to slide with the phone hacking scandal expanding over the weekend, and ibm posting quarterly earnings after the closing bell. share, climbing in after-hour trading on better than expected results and an improved forecast. the tech giant reported double digit increases for hardware, software and services. >>> that's it from cnbc, first in business worldwide. now back to "hardball." >>> welcome back to "hardball." michele bachmann's political star rose in minn

let's check in with cnbc's hampton pearson. live with more on that and the rest of the day's business headlines. hello, hampton. >> good morning. we have stocks trading in the negative range, the dow is down 8, the nasdaq is up 3, the s&p is down 3. factory goods orders went up in may, but fell slightly short of market expectations. the commerce department says orders for manufactured goods climbed by 0.8 to just over $445 billion. analysts were looking for a 1% hike. the gain was broad-based. capital investment on equipment by business was strong, more evidence the economy may be moving past the so-called soft patch that slowed growth in the spring. the deal of the day moving markets, southern union company. the stock up over 3% after pipeline operator energy transfer equity raised its bid by 21% to $5 billion to buy the rival firm. that's about $1 billion more than another competitor, william's companies. last week, we saw the dow go up about $648 points, or 5.6%. the best week in two years. among the catalysts, a strong earn

. >>> i'm lampton pearson with your cnbc market wrap -- ishs solid gain ace cross the board. dow jones industrials soaring 152 points. the s&p 500 surging 17. the nasdaq adding 20 points. investors focusing on strong corporate earnings and upbeat reports on mid-atlantic manufacturing and signs of progress on u.s. and european debt deals. banks were big gainers for the second day in a row as washington inched closer to ta deal on raising the debt ceiling and cutting the defendant sit. meanwhile, overseas european shares closed it's a two-week high after euro's on leaders gave a response to the debt crisis in greece, and boundsing back in positive territory showing negative growth last month. they liked what they saw from at&t, morgan stanley, nokia and travelers to name a few. microsoft, bet tlaern expected revenue delivered after the closing bell. that's it in cnbc first in business worldwide. now back to "hardball." >>> welcome back to "hardball." congresswoman michele bachmann is back in the headlines after it was reported earlier this week she siffers from migraine headach

. >>> i'm hampton pearson with the cnbc market wrap.s a look at how the stocks are doing with 15 minutes left in the trading day. mostly in negative territory and the major averages the dow is down 107 points and the s&p down almost 12 and the nasdaq down about 23 points. drug companies are getting the green light for this year's flu vaccine, and the fda just approved the flu shot which is ready for the fall. and a new study on retirement savings like 401(k) plans highlight some gender differences in the report. women at almost every income level were more likely to participate in the 401(k) plans than the male colleagues, but while the women are saving more, they are making less than men whose account balances are higher. that is it from cnbc, first in business worldwide. ezra, back to you. >> back in april, house democrats played a bit of a trick on the republicans. this is during the budget battles and in the republican study, this is the ultraconservative wing of the republicans, wanted their budget which is far more draconian than

if you read paul pearson, this is all purpose.here have been global development that have effects on this kind of thing but the rest of the world is just not the case. it's only america where we have this degree of inequality. it's been purposeful. the next phase of the concern class or is what you see in wisconsin, which is the attack on public unions as the last voice to stand up for working people. with the corporations having power in our election system from the only people who can conceivably oppose them are the public unions. that's why they're going after the public unions. obama refuses to recognize that fact. he has all of us why don't we get along stuff wrecks why can't we be friends? and the fact is we can. if one side is fighting a war and the other side has got their hands tied behind the back. that site is going to do really well. we see that in the notion in washington that the only person talking about sensible governance with regard to the budget is mr. paul ryan. mr. ryan is not talk about sensible government. h

private michael pearson who left his job with a furniture company, this man was only 21 years old at the time of his death. joining us now on the phone is kris gutierrez, live outside fort hood with the latest on the arraignment. >> reporter: i should point out we are waiting for the escort on to the post. our satellite truck had to go through a separate security sweep and that's why we're forced to join you on the telephone this afternoon. i want to give you a quick update. now we are hearing a report that nidal malik hasan's lead attorney in this case could withdraw from this case. we called galligan a short time ago, he would not confirm or deny these reports. all he's telling us at this hour is he'll answer all our questions after this arraignment. that is a huge development we are following closely this afternoon. you menned there were a lot of witnesses back on november 5th 2009. in fact last year there was an evidentiary hearing that took nine days in which 56 witnesses describe in great detail what you already have, what allegedly they saw happen, that hasan pulled out two ha