rebecca jarvis shows us how other companies are expanding the social network one app at a time. millennial voters on the fence. will the young turn out for president obama as they did four years ago. terrell brown sounds them out. thediamond jubilee as the matish begin to mark queen elizabeth's 60-yearlong reign. charlie d'agata has some of the pomp and circumstance. captioning sponsored by cbs red s is the "cbs evening news." >> dubois: good evening. i'm maurice dubois. the blind chinese dissident chen guangcheng has landed at newark airport just outside new york city. his departure from beijing marked a sudden end to a diplomatic stalemate and an apparent positive turn in u.s.- china developments. elaine quijano is watching developments tonight here in new york. elaine, good evening. >> reporter: after a 12-hour flight from beijing, chen guangcheng headed here to new york city. his arrival here marks the end of nearly a month of uncertainty and a high-profile test of u.s.- china relations. supporters cheered as chen arrived at new york university. >> i am very gratified to see

rebecca jarvis shows us how other companies are expanding the social network one app at a time. millennial voters on the fence. will the young turn out for president obama as they did four years ago. terrell brown sounds them out. and diamond jubilee as the british begin to mark queen elizabeth's 60-yearlong rein. charlie d'agata has some of the pomp and circumstance. captioning sponsored by cbs this is the "cbs evening news." >> dubois: good evening. i'm cube cube. the blind chinese dissident chen guangcheng has landed at newark airport just outside new york city. his depart infrastructure beijing marked a sudden end to a diplomatic stalemate and an apparent positive turn in u.s.-china developments. elaine quijano joins us from new york. >> reporter: after a 12-hour flight from beijing, chen guangcheng is now on american soil. his arrival here marks end of nearly a month of uncertainty and a high-profile test for u.s.-china relations. just before noon in beijing today, the blind activist was told to pack his bags with his wife and two children. chen did not know until his arriv

rebecca jarvis has new evidence. and the life and times of mike wallace memorialized today. >> mike loved being mike wallace. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: and this is a special western edition. good evening. president obama addressed the nation tonight from afghanistan. he made an unannounced trip there today to mark the first anniversary of the death of osama bin laden and to sign a security agreement that pledges continued u.s. support for afghanistan after u.s. troops leave. the president met with some of those troops at bagram airfield, telling them the battle isn't over yet but "there is light on the horizon." norah o'donnell is at the white house tonight. >> reporter: the president said tonight this new agreement with afghanistan will help them chart a clear path to fulfilling their mission to ending america's longest war, a war that has claimed the lives of nearly 2,000 americans. as the president said tonight "this time of war began in afghanistan an

rebecca jarvis has new evidence. and the life and times of mike wallace memorialized today. >> mike loved being mike wallace. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. president obama will address the nation shortly from afghanistan. he made an unannounced trip there today on the first anniversary of the killing of osama bin laden. mr. obama and the afghan president signed a security agreement that pledges the support of the united states through 2024. then the president met with u.s. troops at bagram airfield, telling them the battle is not over yet but "there is light on the horizon." norah o'donnell is at the white house tonight. norah? >> reporter: and, scott, the president's advisors admit it is no coincidence the president chose this day, the anniversary of osama bin laden's death, to have the president travel to afghanistan and to announce this plan that will help end the war in afghanistan, a war that has cost the lives of nearly 2,000 americans. ai

. >> i'm rebecca jarvis. by the way, here's something all the workaholics should know. a vital link between happiness and wellness. more and more doctors are prescribing a vacation from work and what ails you. get away. >> yes. speaking of work, do you wonder why you're not getting ahead on the job? it could have everything to do with your boss's wife, we're told. we're try to explain why. >> all right. >>> plus, the hit song that's become the new pickup line. by the way, it apparently works. that and other stories "behind the headlines". >>> first our top story this half hour. prince william and kate one year ago, 2 billion people around the world celebrated their marriage. since then their popularity has only grown. they're britain's most famous couple. they've been credited with re-energizing british monarchy and they're taking a starring role in the queen's diamond jubilee. let's go to charlie d'agata at buckingham palace. >> reporter: good morning to you. i've been here for more than 20 years now. i've never known the royal family to be this popular. in fact, they'

. >> i'm rebecca jarvis. and this is "cbs this morning: saturday." >>> khalid shaikh mohammed is among five men who will be arraigned in cuba. >> the mastermind of the 9/11 attacks faces military justice. >> this morning ksm will appear before a military judge to face 2,976 charges of murder in the worst terror attacks ever on u.s. soil. >>> american and chinese diplomats are working on a deal to allow chen to study abroad and take his family with him. >> new york university announced chen has a standing invitation to become a visiting scholar at their school of law. >> the diplomatic chess match to get chinese dissident chen guangcheng to the u.s. may be clearly complete. >> what chen guangcheng has done single-handedly and seeking american help has pushed human right back up to the top of the agenda. >> it's a great day. >> 48 philadelphia transit workers catch the money train, riding home with $107 million. >> there were shouts, there was laughter, and i saw grins, wide like i never saw before. >> i give y

. >> i'm rebecca jarvis. these are a few of the stories we'll be bringing on you "cbs this morning: saturday." countdown to zero at cape ka nall nav ral but the rocket never left the launch pad. >>> chen guangcheng has left china, on his way to u.s. after creating a diplomatic crisis for two countries. >>> after weeks of hype facebook's stock fell flat on its first day of trading. the social networking site closed just 23 cents above its offering price. >>> first graders in ohio are learning to read write and tweet. should they learn to make friends on the playground before they meet online? captioning funded by cbs >>> that music doesn't get you going, not sure what would. >> happy saturday everybody. we begin with this morning's failed attempt to launch the first private spacecraft to the international space station. it happened before dawn at cape canaveral in florida as the countdown reached zero. >> three, two, one, zero and lift-off. we've had a cutoff. lift-off did not occur. >> even the announcer was

i'm jeff glor. >> i'm rebecca jarvis.> next time you go to the doctor think twice about yurpd going a costly procedure because you might not need it. five tests you may not need. >> and you know when you look at your outlook box and that number keeps climbing, the number of e-mails you have? you stress just thinking about your work e-mail? i certainly do. >> yeah. i was away on a hike for a story for like six hours this week. get back, and it's insane. >> it is insanity. >> we have tips on how to take an e-mail vacation and not be forgotten at the office. >> we'll take a close look at canada's new $20 bill. why some people say it's just a bit too racy. that and other stories "behind the headlines". >>> first, the art world is buzzing about a young painter from australia. her works are being exhibited all over the world, selling for thousands of dollars. did we mention she's young? five years old. charlie d'agata is in london with more on this child prodigy. good morning. >> reporter: good morning to you, jeff. if you've e

rebecca jarvis joins us with those answers just ahead.time for this morning's "healthwatch." here's dr. holly phillips. >> good morning. in today's "healthwatch," the best time to brush your teeth. most of us know to brush our teeth at least twice a day, but depending on when we brush, we might be doing more harm than good. research shows brushing too soon after eating or drinking foods high in acid, such as soft drinks, wine or citrus fruits, can damage our teeth. acid can erode the thin coating of enamel on the teeth, exposing the dentin below it. volunteers were followed for three weeks while they drank diet soda. researchers found an increase in den tin loss when brushing 20 minutes after drinking soda but far less when they brushed 30 or 60 minutes later. so, to keep your teeth in tip-top shape, dentists say to brush for a full two minutes after breakfast and before bedtime but hold off for at least half an hour after eating acidic foods. i'm dr. holly phillips. >> announcer: "cbs healthwatch" sponsored by advil. make the switch now.

rebecca jarvis is here with a look at that. >> good morning to you.ecutives have been traveling the country trying to convince investors that the company can make money. now, we know it's a powerful way to stay connected to friends, but the question is, how does that translate to profits for businesses? >> everything on that? >> reporter: you may already "like" quiznos but if you "like" the company on facebook, you get a free sub the next time you order a meal. why would you give away a $5 sandwich because someone gives you a thumbs up on facebook? >> builds an online loyalty basis. we have 600,000 people on our face page. that allows us to communicate back and forth sometimes on a daily or weekly basis. >> reporter: greg mcdonald is the ceo of quiznos, trying to make advertising enter active like a facebook "like" button. is one who "likes" you on facebook more valuable? >> they've opted in and selected in to want to know more about quiznos that allows us to engage and tell them more about the brand, which is really, really important to us. >> report

economy as well and rebecca jarvis has more about these mixed economic signals. >> reporter: while the.s. economy is adding jobs, it's at the slowest pace in five months. business investment and construction spending are also weak. >> the unemployment path is not improving as quickly as i think that it should. >> reporter: chicago federal reserve president charles evans says this economic soft patch probably won't deepen but things aren't going to improve quickly, either. >> what we need to do is to get people to increase their entrepreneurial activities so that there's hiring that would increase demand and things would pick up much better if they did. >> reporter: nearly 70% of the nation's biggest companies reported better profits than expected in the first quarter of this year. but much of those gains are due to cost cuts. big business is still very worried a deepening recession in europe could spread here. economist richard bernstein. >> i think most americans view our economy with kind of blinders on and they think that we're the only economy that's got trouble and they don't real

rebecca jarvis knows why.y not know about that is really a huge problem >>> a deadly collision in philadelphia. take a look. a tour boat midstream was run into by a barge nearly two years ago. awful sight. video just came out. in the video, you can see a crew member jumping off that duck boat just before impact. welcome back to "cbs this morning," i'm jeff glor. >> that's tough to watch. >>> identity theft has become top consumer complaint in the u.s. with about 10 million victims every year. >> and more children than ever are becoming victims. rebecca jarvis says that's one of the five things you need to know about i.d. theft. good morning. >> good morning to you as well. >> so, the first thing off the bat is parents just need to be aware. >> they have to be aware and they have to be aware that kids under 19 years old are a big target of identity theft. 8% of the identity theft that happens in this country is impacting people under the age of 19. why is that? well, it's because they don't really have a lot of

here with all of that is rebecca jarvis. good morning. >> good morning. >> first of all, this report expected later today. what is the expectation? we know march fell a little short. >> march fell short. april is also expected to show some sluggishness in the overall hiring environment. we expect to learn today 160,000 new jobs were created in this economy, which is fewer than what was created over the winter. there's still some momentum there but the pace is slowing. >> what is it, people speaking out about this so-called fiscal cliff that we may be driving towards. put that in context for us. what's the main concern? >> not just people, but every ceo i speak to, lawmakers are talking about this. i spoke earlier this week with the president of the chicago federal reserve. this fiscal cliff we're approaching at the end of year happens, if congress fails to act. if congress doesn't act, the bush tax cuts expire. the payroll tax cuts expire. in addition to that, the extended unemployment benefits expire for those who have been

rebecca jarvis knows why.ow about that is really a huge problem ,, when i take a picture of this check, it goes straight to the bank. oh. oh look the lion is out! no mommy no! don't worry honey, it only works on checks. deposit checks from your smartphone with chase quickdeposit. just snap a picture, hit send and done. take a step forward and chase what matters. >>> a deadly collision in philadelphia. take a look. a tour boat midstream was run into by a barge nearly two years ago. awful sight. video just came out. in the video, you can see a crew member jumping off that duck boat just before impact. welcome back to "cbs this morning," i'm jeff glor. >> that's tough to watch. >>> identity theft has become top consumer complaint in the u.s. with about 10 million victims every year. >> and more children than ever are becoming victims. rebecca jarvis says that's one of the five things you need to know about i.d. theft. good morning. >> good morning to you as well. >> so, the first thing off the bat is parents just

rebecca jarvis is there. good morning. what do you think stockholders want to know from the ceo? >> reporter: it focuses on the ceo himself, jamie dimon, and what he knew about this $2 billion loss. was he asleep at the wheel as the company took on risky bets that amounted to this loss or was he knowingly standing by as the company was assuming risk? that's the number one thing shareholders attending this meeting today tell me they would like to ask about. whether or not they're going to get an answer that they are happy with is a much different question. and frankly if you look at what's been happening over the course of the last couple of weeks, and in addition to the course of time since the $2 billion loss was announced last thursday, most of what we've heard from jamie dimon, the ceo, focuses on that response of i wasn't as aware as i should have been. this was a silly mistake. >> in the wake of that shareholders might be calling for a change in the way that the company management is structured. >> reporter: that's right, erica. this is the thing. these meetings are fairly r

rebecca jarvis knows why.ow about that is really a huge problem you should know about. >>> good morning. right now we are essentially rain free. coming in from the west we are going to see some moisture in a rapid hurry. i think this action -- that's a beautiful line. we're going to add some showers. look at the forecast through the day. a high of,,,,,,,,,,,, >>> a deadly collision in philadelphia. take a look. a tour boat midstream was run into by a barge nearly two years ago. awful sight. video just came out. in the video, you can see a crew member jumping off that duck boat just before impact. welcome back to "cbs this morning," i'm jeff glor. >> that's tough to watch. >>> identity theft has become top consumer complaint in the u.s. with about 10 million victims every year. >> and more children than ever are becoming victims. rebecca jarvis says that's one of the five things you need to know about i.d. theft. good morning. >> good morning to you as well. >> so, the first thing off the bat is parents just ne

rebecca jarvis is here for a broader look. good morning. >> good morning. >> put this in context.nificant coming as it does with this particular bank? >> first of all, this particular bank managed to stay out of trouble throughout the financial crisis. jpmorgan changed to turn a profit in the financial crisis so $2 billion in losses is a significant amount of losses. the other component of why this is important and important timing is we have reached a crucial moment in financial regulatory reform. regulators are looking at wall street right now and saying are these banks still able to take on the type of risks that would destabilize the system, that would allow for wall street to have all of the upside but still keep main street with the downside risk because ultimately here washington, d.c. is on the hook. the fdic insures these banks like jpmorgan, bank of america, citi, if they fail. i'm not suggesting that they would. if they were to fail, we as taxpayers, would be holding the bag so that they could bail out their depositors. >> my impression is jamie dimon is saying that we

rebecca jarvis has new evidence.and times of mike wallace memorialized today. >> mike loved being mike wallace. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. president obama will address the nation shortly from afghanistan. he made an unannounced trip there today on the first anniversary of the killing of osama bin laden. mr. obama and the afghan president signed acu

rebecca jarvis is there. rebecca, good morning. >> reporter: good morning, charlie. >> what do the shareholders want to know about jamie dimon? >> reporter: i think what they want to know is about jamie dimon himself. what was his role in the $2 billion loss? was he at the wheel or, worse, was he aware and knowingly complicit in the risk that the bank was taking on, and that's where shareholders who will be in that meeting in the building behind me later today, they tell me that that's where they're going see the sparks fly in the meeting today because they want answers and so far they're not content with what they received. just a handful of days ago, jamie dimon was calling this loss, which hasn't become a $2 billion loss, he was saying it was the tempest in the teapot. and as we receive obviously, it was much greater than that. and they want to know as the leader of this company, whether or not his awareness of what's taking place is there and is sufficient to continue into the future. now, nobody at this p

rebecca jarvis is here with the latest. good morning. >> reporter: good morning to you. these are the biggest losses on one risky bet at a bank since the financial collapse. and the scale of the surprise could have sweeping consequences for banks around the globe. >> we took far too much risk. the strategy we had was barely vetted, barely monitored. it should are never happened. >> reporter: that's the ceo of the biggest bank in the country on damage control. jamie dimon is trying to spread the message that jpmorgan chase's $2 billion loss is not systematic and won't put his company on life support. but he admits jpmorgan's credibility has taken a hit. word that a complex trade, reminiscent of those that contributed to the financial crisis, went bad at jpmorgan, caused the bank's stock to plummet more than 9% friday. wiping out $15 billion in shareholder value and sparking memories of the 2008 bank bailout that put taxpayers on the hook for $700 billion. michigan senator carl levin leads the committee that investigated the financial crisis. >> these are the kind of pets

. >> rebecca jarvis is here to tell us what's going on with the most talked about ipo in years.at's going on? >> i think what's going on ultimately here is an oversupply of shares. there wasn't the demand that was anticipated from institutional investors, and those are the investors that buy into these ipos and keep the price afloat so that the retail investor, people like you and me, can buy it and can feel safe, comfortable, and is a stock that can continue to grow. if you think about it, it's very in the housing market there are too many home on the market and there's not the doond demand and prices have dropped so it's very similar in that respect. >> what about questions about the economic model of facebook and whether they'll be able to monetize the fact that they're going to have 1 billion people? >> that's the long-term story here. the long-term question with facebook is can they figure out a way to grow their advertising base because right now 85% of their sales come from advertising and growing their user base is not enough to say to advertisers, would-be marketers, he

rebecca jarvis visits a first grade class in ohio where kids are using twitter to learn to read.ing: saturday." >> maybe it helps with their math skills. you're limited to 140 characters. >> i don't know. i think kids are already leshing too good to be forgotten, instead of writing out the word "to" they're using the nbdz. charlie, do you like teaching the kids on tweeting? >> i don't mind that as long as they don't lose an appreciation for language. >> that's what i worry about. i think it's being lost. >> maybe we should talk to a man who has a degree in english literature next? he could probably speak better than me, hugh dancy, called a quintessential british leading man. his new film is set in the 1800s with a topic some people don't even like to talk >>> don't stop. >> i think you're enjoying yourself too much. >> it makes your hand feel all warm and tingly. i feel it right down to the bone. >> oh, really? >> turn it back on. please. >> warm and tingly is right. the new romantic comedy "hysteria" stars hugh dancy aa young doctor in the 1880 s. >> he's currently on broadway.

rebecca jarvis is with us for more. good morning. >> good morning to you. since facebook debuted as a public company on friday, it's been a case of murphy's law. whatever can go wrong, has. from trading glitches to shareholder misconduct, it has lost millions. >> as facebook continued its nose dive on wall street tuesday, allegations emerged that some of the very banks selling the ipo privately told certain clients the social network wouldn't grow as quickly as forecast. the securities and exchange commission and wall street watch dog finra are investigating the matter. while regulators in massachusetts have subpoenaed morgan stanley. >> there are issues we need to look at, specifically with respect to facebook. >> reporter: sources close to the situation allege analysts at morgan stanley, jpmorgan and goldman sachs, the lead banks on the deal, cut facebook's revenue forecast just days before it went public. but only shared the iformation with a select few. at the same time, morgan stanley increased facebook's offering price and the size of the deal, signal

. >> rebecca jarvis is here to show us exactly what is going on and what this all means. rebecca, good morning. >> good morning to you, erica. there's adage on wall street, sell in may and then go away and so far this may there's been a lot of selling. the dow fell 1.3% yesterday. meantime, the broader market is on track for its worst performance since september with s&p 500 down almost 6% this month. numbers like these are alarming for investors and veretirement savings and it implies a weakness in the global economy. at the root of that weakness is what's happening across the atlantic with our biggest trading partner, europe. at least nine european countries have double dipped back into recession including the united kingdom, spain, europe's fourth largest economy where the banks are in serious trouble, and a quarter of the population is unemployed and greece whose upcoming election will likely determine whether or not the country even stays in the european union. now back on u.s. soil, the real estate market is still faltering. contracts to buy previously owned homes un

rebecca jarvis is here with those numbers. the numbers were actually worse than expectations? >> they were worse than expectations. we saw 115,000 new jobs created in the month of april. the winter was much stronger, upwards of 200,000 jobs were created on a monthly basis. now, that 115,000 level, not what we want to see. that 8.1% unemployment rate, why would the number tick down to 8.1%? well, because people are leaving the workforce. they are no longer actively participating in looking for work and as a result of that, they are not accounted for in that unemployment number. >> when people look at the economic recovery, they talk about two things, consumer demand and then they talk about uncertainty on the part of big business decisionmakers. are they expecting congress to act as it looks as this physical clip? >> they are expecting congress to do more of what it has done, which is not act. when it comes to that fiscal clip, if congress doesn't ac, there are things that will happen inevitably. the bush tax cuts expire at the end of this year. the temporary payroll tax cuts e

rebecca jarvis joins us now. good morning. >> charlie, good morning to you. this is a question of whether facebook continues to trade on the nasdaq or move to the nyc. that's just smoke and mirrors according to my sources. changing to a new exchange would make zero difference to facebook's stock price. they failed to disclose to all investors that facebook was xperiencing a "pronounced reduction in revenue growth." sources tell me it will be difficult to prove that because the laws about selective disclosures are not clear cut and because facebook did issue public documents before the public debut, this signaled that the social network's growth was slowing. facebook, morgan stanley say these are meritless claims and it's common practice on wall street for banks to selectively share information with big clients before an ipo. you might be asking yourself how can this happen? why would big investors get different information than you or i would? the answer is that big investors pry to an ipo meet with a company and the firms who are selling it and in those meet

rebecca jarvis visits a first grade class in ohio where the kids are using twitter to learn to read.g saturday. >> maybe it helps with their math skills, limited to 140 characters. >> i think kids are learning too good to be forgotten instead of writing out "to" they're doing numbers. do you like this tweeting? teaching the kids on tweet -- on tweeting? >> i don't mind doing that as long as they don't lose an appreciation for language? >> yeah. >> that's what i worry about. i think it's being lost. >> maybe we should talk to a man who has a degree in english, literature. >> you. >> better than i. hugh dan been called the quintessential leading man, set in the 1800s with a topic some people don't like to talk about even today.,, when i take a picture of this check, it goes straight to the bank. oh. oh look the lion is out! no mommy no! don't worry honey, it only works on checks. deposit checks from your smartphone with chase quickdeposit. just snap a picture, hit send and done. take a step forward and chase what matters. ♪ stream, stream, stream... ♪ strea-ea-ea-ea-eam ♪ stream, strea

rebecca jarvis says so far he's getting mixed review. >> part of the reason for this scrutiny is the stakes are so high for this ipo. of the last ten consumer internet companies that have gone public, just three are worth more today than when they made their debut as public companies, so the pressure is on to see if facebook can escape that trend. >> mr. zuckerberg, do i have your full attention? >> no. >> reporter: but now the world's attention has turned to mark zuckerberg. everyone from investors to users are watching for details, as zuckerberg's notoriously private company goes public. monday kicked off facebook's so-called road show where company execs try to share shares to investors. no one knew if zuckerberg would show up. when he did, he made an entrance. in a sea of suits, zuckerberg appeared in his trademark hoodie. according to one report, seemed visibly nervous. still facebook is confident in selling the zuckerberg brand, hoodies and all. >> every product experience you have is social and that's all powered by facebook. >> reporter: that's the message of the 30-minute pr