>> simon: how you doing, man?l nhial: been a long time. >> simon: we visited the lost boys from time to time over the last 12 years, wanted to be there for the moments they never could have imagined... >> i hereby declare... >> i hereby declare... >> simon: on this day, abraham was one of 92 people from 37 countries to get a new piece of paper... >> congratulations, you are a united states citizen. >> thank you. >> simon: ...a lost boy who now belongs somewhere. do you think of yourself as an american? >> yel nhial: yes. this, this home for me. >> simon: abraham is so proud of his american passport, he carries it with him wherever he goes. >> yel nhial: the only papers we have are from america. >> simon: are you telling me that that passport in that jacket pocket of yours is the first identity paper you've ever had? >> yel nhial: this is it. >> simon: before that, you had no document at all. >> yel nhial: no. >> simon: joseph still hasn't gotten a passport. his driver's license was stolen from him in kansas city.

. >> simon: when pope francis first stood on that dock overlooking st. peter's square, few were watching him more carefully than the nuns, especially nuns in the united states. will the new pope follow his predecessor benedict whose enforcers of church orthodoxy investigated american nuns for insubordination at the very same time that the pedophilia scandal raged? this is the same group, is it not, that ran the inquisition? >> the same office under a different name. that's right. >> rose: the government of ghana and all school-aged children. >> very well done. good to be here. >> rose: how do you find a balance in all of this-- father, chairman of a major company, a foundation, and then all these other ventures? how does the balance come to you? >> i don't mow the lawn. ( laughs ) >> stahl: babies don't do much, right? well, years of research on infants as young as three months is proving that notion wrong. >> up goes the curtain. >> stahl: here at the yale infant cognition center, psychologists are observing everything from altruism to selfishness, bigo

simon? >> let's talk about boeing. shares of boeing up 42%. the last week obviously wasn't such easy going, however. the stock fell sharp friday when reports came out that a boeing plane owned by ethiopian airways had caught fire at hondon's heathrow airport. today, however, you have the bounceback. it is the top gainer in the dow. phil lebeau is live in chicago with brand new information on what might have gone wrong. phil, over to you. >> and it's still being investigated, simon, but the area that the investigators are looking at, as you take a look at this dreamliner here, right back here, right above this dore right here just above the final rows of seat, and back in that area there's a lot of wiring and there's a component back there called the emergency locator transmitter. essentially this is all plugged in, in every single airplane and it goes off if there's a crash, and they are looking at that as a potential source for location where the fire started. doesn't mean it was a bad tran

professor simon, let me ask a follow-up. i want to get an idea of what a system you are advocating would look like. let's say you have arraignment for somebody in a case alleging violence. maybe an armed robbery or sexual assault of some kind. are you comfortable with someone having a right to be released on their own recognizant under the theory that the police should do their work and make sure that person doesn't commit other offenses? and that it's not legitimate to make that consideration at the time of a bail assessment? >> i think that is my view, i think through slow steps we accumulated a system that has a ton of minor offenders and not able to accused in that way. and the right of the constitution and the rights we have made up for the mistakes made. we have to toss out the low-level crimes not just in the city but many parts of the state. and with that bandwidth of focus, we focus on the areas and a activity and crime and less on locking people up. in either case we are punishing the people ahead of their trial. a

. >> hi, i'm scott simon of npr. >> reporter: for millions of listeners, scott simon is the saturday morning voice of national public radio. but in recent days, he's been at his mother's bedside at chicago's northwestern memorial hospital. >> looking -- i don't want to say just death in the eye, but life in the face. >> reporter: with her permission, he took to social media, tweeting updates to his 1.2 million followers. >> i love holding my mother's hand. i haven't held it like this since i was nine. why did i stop? i thought it unmanly? what crap. >> reporter: simon's mother patricia lost her battle with cancer overnight. he previously interviewed her for the npr series story corps. >> my name is pat lyons, simon, newman, gelman. >> way to go. >> oh, boy. what a monogram that is. >> reporter: in her day, she was an unconventional mother. a model and a showgirl who appeared at chicago's chez paris nightclub. thrice married, once to scott's father, a comedian. >> if you say anything that is remotely funny, people say, that's your dad talking. actually -- >> reporter: it was your mom?

simon? >> okay. let's run through some. other hours this lunchtime. bank of america posting a 70% jump in its quarterly profit held by higher stock trading and lower expenses, importantly cost control a key issue. the stock is slightly higher on the day, as you can see, but up 24% so far this year. kayla tausche has more on b of a's big day. kayla, over to you. >> still corporate news happening for you and we have it all for you. bank of america, it cut more costs and released more loan loss reserves than expect the and also posted its first post-crisis quarter that didn't see the bank's bottom line erased by pesky legal costs and managed to best its peers in some cases like mortgages and jpmorgan and citigroup, the ceo this morning said the pipeline is down only slightly and won't see the impact that its peers will. trading another boost to earnings. the best quarter for equities trading in more than two years. big hires paid off in cash equities and thompson attributed weakness to the end

sister simone will join me.ext. >>> i feel i have many >>> i feel i have many weaknesses and problems. i am a sinner. those are not my words. and no, they are not yet the words of anthony weiner. but they were spoken today by the pope of the roman catholic church. in an extraordinary 82-minute exchange with reporters on the plane back from rio to rome, where more than 3 million people attended a papal mass on copacabana beach, the pope answered a range of potentially difficult questions with ease, including one about the existence of a so-called gay lobby of cardinals operating inside the vatican. previous popes have of course been judging gay people and judging them harshly. in 2005 pope benedict signed a document that said homosexual men should not be priests. when asked today about a monsignor in the vatican who was suspected of being involved in a gay tryst, the pope said that case was investigated according to canon law and no such evidence was revealed. but the pope made a very important distinction about

sister simone, what's your reaction to that?, i'm not sure that we feel we're more important in the church. i think the pope's statements evidence, one, that he node that women are smart, are educated, have a lot to offer, and commented on many roles that women could play in the church. i think on the issue of ordination, however, he did say that that door is closed. but just on sunday we had the reading from the gospel of the story of the man who went and pounded on the door of his neighbor and kept pounding until he got what he wanted, which was food for another person. and so i sort of feel like, well, if the door is closed then maybe that alludes to the scripture where we just keep pounding long enough and jesus said it's like prior if you're annoying enough, if you're persistent something good will happen. >> father martin, just picking the words apart, as we do with popes, i'm reading -- and this may be a translation issue. but he said the church has discussed the ordination of women bishops and has decided against it. is

what crap. >> reporter: simon interviewed her for npr. >> simon newman gilband. >> way to go. >> whatay she was an unconventional mother, a model and a show girl who appeared at chicago's chez paris nightclub, twice married, once to scott's father, a comedian. >> if you say anything that is remotely funny, people say, oh, that's your dad talking. actually -- >> reporter: it was your mom? >> it was my mother. >> reporter: simon remembers a woman who never forgot a name and always sent a thank you note. reaction to his tweets has been overwhelming and mixed. is it weird to tweet from your mother's death bed? no, it's real and moving and lovely. thank you npr scott simon for sharing your love. some things are best left untweeted. i love scott simon but i disagree with him tweeting during his mother's death. >> reporter: perhaps your mother's helping to teach us we shouldn't be so afraid of it. >> somewhere my mother has always said, there is a message. i am getting a life's lesson about grace from my mother in the icu. we never stop learning from our mothers, do we. >> reporter: a lifeti

we're back with lanny davis, jennifer stefano, and mark simone.nny, let me begin with you. now that they've fingered wilkins, several people have, what advice would you give them? >> even the chairman, the republican chairman did not say larry, you're incorrigible. they said the office -- someone in the office there are 1500 people and now you're fingering someone who wasn't fingered by anyone. you just made that up. so please, let's at least stick to the facts. you're my old friend. you're better than that. >> no, but i think -- i don't agree. >> well, it's a fact. they never fingered -- the general counsel. they said the office of the general counsel. >> if you read peggy noonan -- i can't spend the whole time on this. but if you read peggy noonan's thing, she said -- i'm going to read this, darn it. this is this guy lerner's senior adviser. okay? and this is the transcript. reque did lerner say whether she agreed or not? "she said it should go to the chief counsel." question, "the irs chief counsel?" answer, "the irs chief counsel." now, that's

now facing terminal cancer and given only months to live, the twice divorced and childless simon has chosen to leave his entire fortune to charities he has long supported. >> he has not shied away from picking philanthropic cause that is reflect who he is as a person of ideas. >> reporter: those causes include peta, which has named its headquarters after simon. several dog rescue organizations, and the anti-whaling group sea shepherd for whom he purchased a state-of-the-art ship. at a peta event he criticized the use of sea mammals as entertainment. >> their shows, in my professional opinion, are crap. >> reporter: others among the super rich have chose tony leave the bulk of their fortunes to charity. famous last names like turner, bloomberg, rockefeller, allen, lucas, gates, buffett, and zuckerberg. sam simon is not quite in their financial league, but he is leaving it all and it's plenty, a legacy like that of the simpsons to extend well into the future. mike taibi, nbc news, los angeles. >>> in a moment, a new treat making a difference in the lives of the less fortunate. >>> in o

dan simon at sfo for us.g up next, cnn pop, including a look at pop culture stories making headlines, including which cnn anchor was named one of the 50 most beautiful people on capitol hill? who could that be? he knows who he is. >>> first, actress and singer katharine mcphee explains how a small gift can make a big difference for people in africa. here's today's "impact your world." >> hi wp i'm katharine mcphee. we can make an impact on malaria. i have a personal connection to west africa. i had the opportunity to build a preschool. the school master, wonderful woman there, she'd come down with ma lair wra. i had gotten together saying i would love to get to africa and see what we can do for her and all the people she worked so hard to help. every minute a child dies from malaria. it's something that doesn't need to happen. it's something that's curable, preventable. it's nothing we would ever have in the united states. but it's something that really is devastating to our lives. there's so much to be done

currently talking with author and historian simon sebag montefiore. we have been talking about his most recent nonfix fiction book jerusalem the biography. you mentioned your writings on russia and your family. what influence does your family have on your russian history books? >> i think that my father's family. they are from jews ofityly. from the arab world. jews from the arab world the mediterranean as opposed to germany and russia my mother's family is from ukraine and russia. so i am fascinate with the russia and the soviet period as well. what can we learn about the future dictator and stalin about his youth. >> it is all about such fun to and. young stalin. had missed the revolution. in fact. th is like sort of the butch cassidy sundance kid combined revolution and he have a specialists in fascination and bank robberies and 1907 bank robbery. made the headlines all over the world. it was like butch cassidy. tablisi for now. many were kill in the bank robbery and they got away with the equivalent of $20,000,000 to fund the party. and the intere

our dan simon is there at the san francisco international airport. a witness, his name is anthony casterani saw the plane as it approached san francisco's international airport. he talked to cnn moments ago. listen closely -- okay. we'll hear from him in just a short time here, but you heard what dan said. they're going to update people as often as they can, at least once every hour on the situation there in san francisco. let's listen to that eyewitness now -- >> actually looked like it was coming in very nicely. it was pitched up nose up maybe about three degrees. and as it was coming in, it came in. it touched down on the runway a little earlier than i've seen most planes coming in and touching down. but the moment it touched down, the nose was still pitched up. the nose wheel never hit the ground yet. and where you typically see smoke from the wheels coming down on that initial touchdown, there was a larger plume of white smoke. you heard a pop. and then you immediately saw a large, brief fireball that came out from underneath the aircraft. at th

cnn's dan simon still there, dan, a long day of reporting what is the latest? >> well, hey, john, i think sometimes we in the media can be guilty of over using phrase it could have been a lot worse. but in this particular case, i don't know how there's any other way to say it. i mean, you look at that wreckage and the fact that all the people walked away, you know, what more can you say? two people confirmed dead, according to the south korean transport ministry, the two people who died were both chinese passport holders. and according to san francisco fire officials, they were found on the runway, which begs the question, were they ejected when the plane hit the ground or were they somehow able to evacuate and gave in to injuries. at this point, we do not know the answer to this question. we have been talking about the injured all afternoon long and all evening long. we know that nine bay area hospitals have taken in the injured. 49 people said to be in serious condition. if you look around where i am here at the international terminal, you can see, that here

we're trading the action with josh brown, stephanie link, simon baker, joe terranova. josh, this all hinges on bernanke tomorrow, doesn't it? >> i have to disagree. i think what the market is telling you, first of all, look how we're being led, small caps over large caps, growth over value. the wilshire 5,000 yesterday hit an all-time high. what you're seeing here is the market coming around and agreeing with the fact that we could see an actual economic expansion and not another six months of fed-driven trade. so obviously bernanke can move the market in one direction or the other. but people are getting comfortable with the prospects of a better economy and the narrative is shifting from oh, no, he's going to buy less bonds to, hey, if he buys less bonds, it means things are getting a little bit better. >> i think part of the market think that is he's not going to taper in september. i think that's what they took from last week. whether right or wrong, there are people who are betting that -- >> scott, let me follow up. >> that's one of the reasons we've had this mov

>> simone: ms. jerome is out of town. >> spinelli: ah, drat! [ chuckles ] >> simone: i'm ms.erome's assistant. perhaps i can help you find what you're looking for. >> spinelli: perhaps you can. >> ava: silas, we have to stop meeting like this. >> rafe: your dad isn't danny's grandfather? >> molly: no. i'm sorry. i thought you knew. sam, kristina, and i all have different fathers. that's why my dad isn't a potential donor match for danny. >> rafe: so, then, who is sam's dad? >> alexis: we will find a match. >> sam: yeah, we have to, mom. there are no other options. >> alexis: all right. i've taken heather's sample to the lab. they're collecting franco's. and after that, we've tested every surviving family member. >> sam: not everyone. >> alexis: who? who did i forget? >> sam: someone who is not on the list. >> alexis: who? >> sam: my father. ,, [ both laughing ] ♪ hi, i'm snuggle. ♪ snuggly softness your family loves. i get laundry cuddly, and fresh for 30 days.

david carr, david simon, thank you.g up, chefs gone wild, my pals mario and eric. >> we have a chilly pepper made with ants. >> made with ants. >> totally. you're not loving that, are you? >> no. [ laughter ] [ male announcer ] this is kevin. to prove to you that aleve is the better choice for him, he's agreed to give it up. that's today? [ male announcer ] we'll be with him all day as he goes back to taking tylenol. i was okay, but after lunch my knee started to hurt again. and now i've got to take more pills. ♪ yup. another pill stop. can i get my aleve back yet? ♪ for my pain, i want my aleve. ♪ [ male announcer ] look for the easy-open red arthritis cap. >>> all right. what do you think? >> oh my god. >> that's delicious. >> it's good, right? >> hold on. >> hold it, hold it, hold it, hold it everybody. it's going back. it's supposed to be in your belly. >> i could watch that all day. i'm anthony bourdain guest hosting for piers. that is reeking havoc on the chew. he's an author and one of my favorite chefs and here

dan simon joins us live from the airport. what is the latest there. dan. >> reporter: hi, fredericka. it's been a little more than 24 hours since this crash happened and the investigation appears to be well under way. investigators have been out to that scene trying to figure out any type of clue to determine what may have heaped here. we know, as you reported, the flight data record have been sent to washington and appear to be in good shape. hopefully data is currently being extracted from the recorders. at this point, nothing has been ruled out including pilot error. we know the ceo of the airlines say it appears there was no mechanical issue or problem with the engine either. survivors and witnesses say it appears the 7-year-old aircraft was flying too low as it approached the runway and the tail hit the sea way before it spun out of the control. the tail was detached from the airplane along with destabilizers. technology called ils helps tell pilots where the runway is, it wasn't operating at the time of the crash and not sure if that played a ro

david carr, david simon, thank you. coming up, chefs gone wild, my pals mario and eric. >> we have a chilly pepper made with ants. >> made with ants. >> totally. you're not loving that, are you? >> no. [ laughter ] announcer: announcer: sunday's your last chance to save big during sleep train's triple choice sale. for a limited time, you can choose to save hundreds on beautyrest and posturepedic mattress sets. or choose $300 in free gifts with sleep train's most popular tempur-pedic mattresses. you can even choose 48 months interest-free financing on the new tempur-choice with head-to-toe customization. the triple choice sale, ends sunday at sleep train! ♪ sleep train ♪ your ticket to a better night's sleep ♪ >>> all right. what do you think? >> oh my god. >> that's delicious. >> it's good, right? >> hold on. >> hold it, hold it, hold it, hold it everybody. it's going back. it's supposed to be in your belly. >> i could watch that all day. i'm anthony bourdain guest hosting for piers. that is reeking havoc on the chew. h

simon ole sung city, arizona. you call and karl rove and bernie gold better berg are not black, therefore you can only assume the difficulties of being african-americ african-american. bill, you're exactly right about black children, it is shameful our leaders have done little to encourage the restoration of the black family. kelly herbst in wisconsin, you are blibd to your own sex iism. sorry you can't handle the truth. the problems all begin out of wedlock pregnancies. only one person at a time can stop that. my heartbeat faster and tears ran down my face as i listened to your talking points. i want to be able to read them over and over.

simon's question of the tool that could have a discriminatory component. >> i want to add in there, thank you, matt, to add to what the district attorney is saying. we are currently evaluating our instrument and the half of dozen factors includes a current charge, felony, and the unemployed, drug abuse and having an opinion case. which i think is perhaps much different than say 10 years ago. and we are validating this information now in terms of comparing it to the mounds of data we have, if anything, any volunteer researchers out there. who want -- it really requires a lot of work and scrutiny. but i think it echoes what the district attorney is saying. we are mindful of the jails have been disproportionately african-american, hispanic, we are mindful the fact it's been really poor folks we have been dealing with. and it's obviously that our basis, our history is coming from the social service side. but i want to reiterate that those are the factors that the risk assessment tool is starting to look at and zeroing in on pretrial release. >> professor simon, historically ini in california

you know scott simon. >> i do.eacefulness. >> his mother was beautiful, really beautiful. >> he's a great guy. >>> ahead russia's prlt hat its shares of problems. his crazy photos are catching up with him. we'll show you the backlash against putin. you're watching "cbs this morning." [ male announcer ] this is bob a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for patients with afib not caused by a heart valve problem that doesn't require routine blood monitoring. like warfarin xarelto® is proven effective to reduce the risk of an afib-related stroke. ther

>> yes, that is right, simon.s, because one of the data points get to the conversation that you and i have had for several weeks running whether or not the tape ser built into the market. this is what the expectation is for from the fed survey. on top the june survey and on bottom is the july survey, and when does it start? we had it in december and now it is october if it does come upper hoo. and october is the new tapering and came back by a couple of months. how much taper? $19 billion is the number. and how about when they will finally stop qe? it had been in june and now it is actually ahead in july, and just the a.j., but around the summer of 2014. when will they finally raise the interest rates, second quarter of 2015, and in the june survey, no change here. i want to get to what simon is talking about and the expectation of interest rates on the 10-year yield and you can see here, it is up, up, up and away here, and 2.1% in april when things were not looking so great, and 2.11 and 2.73, and all of this is

>> dan simon, thanks so much in los angeles. appreciate that. >>> so rallies indeed held all over the nation and other cities, including washington, d.c., chicago, atlanta and orlando. many of the people brought hoodies in honor of trayvon martin. the organizations were run by reverend al sharpton's action network. >>> a fun ride turns tragic at a six flags over texas. a woman died after witnesses say she tumbled off a roller coaster as it went around a turn. six flags confirms that she died while riding the texas giant last night, but they have not revealed any more detail than that. a spokeswoman said today it would be a disservice to the family to speculate about what happened. one man in line described what he saw. >> the man was sitting next to a woman, and they were both saying, let me out, let me out, my mom fell off, my mom fell off, i need to go find her. and the park workers were kind of taken back by it and didn't know if he was being serious or not. once they realized he was being serious, then they rushed to the vic

david carr, david simon, thank you.ne wild, my pals mario and eric. >> we have a chilly pepper made with ants. >> made with ants. >> totally. you're not loving that, are you? >> no. [ laughter ] ♪ ♪ ♪ [ male announcer ] if you can't stand the heat, get off the test track. get the mercedes-benz you've been burning for at the summer event, going on now at your authorized mercedes-benz dealer. but hurry, offers end july 31st. first wait till summer. then get the cars ready. now add the dodge part. ♪ ♪ the dodge summer clearance event. right now get 0% financing for up to 72 months and no payments for 90 days on all dodge vehicles. >>> all right. what do you think? >> oh my god. >> that's delicious. >> it's good, right? >> hold on. >> hold it, hold it, hold it, hold it everybody. it's going back. it's supposed to be in your belly. >> i could watch that all day. i'm anthony bourdain guest hosting for piers. that is reeking havoc on the chew. he's an author and one of my favorite chefs and here with another one of my favorite

dan simon, if you're with me, help me. we still talking about 60, upwards of 60 unaccounted for or 4 unaccounted for? because i'm still confused and unfortunately dale connors didn't stick around for questioning. it seemed a little uncertain to me. maybe, richard quest, were you listening carefully to those numbers? >> all right. let's go through these numbers and check them with each other, wolf, as we go through them. 307 souls onboard. that's the phrase that the aviation industry uses to describe people on an aircraft. 307 souls onboard. 181 transported to hospital. of that 181, 49 are serious, and 132 walking wounded. so we've got 181 taken to hospital. 123 are in the terminal and they remain in the terminal. there are two fatalities which the gentleman who forgive me, i didn't hear his name, but the gentleman said he added it up for us. he said it comes to 306. >> it makes 306 when you include the two fatalities. >> correct. 306 including the two fatalities. we know there are 307. it would appear, i mean, one hesitate

but simon hasn't fallen silent.oday, with scott simon. >> the long ago host of weekend today has been a constant on social media tweeting from her bedside. >> i love holding my mother's hand. having held it like this since i was 9. why did i stop? i thought it unmanly? what crap. >> through these short messages simon now shares these deeply personal moments with his 1.2 million followers on twitter. >> why share such a personal moment with the rest of the world? >> because i think my mother has a lot to say to a lot of people and i'm not embarrassed to share it. >> reporter: but it is his mother's life that simon wants us all to celebrate. >> i think it's nice that people will know what patricia simon said because she poured everything into me. >> while many look at social media as anonymous and impersonal, he uses his 140 characters to help himself and others cope with grief. >> he is not just posting into the void his feelings. he is really sharing them with an audience responding to him and he is feeling that and

we're trading the markets today with john and simon and stephanie and joe. as i said, a defensive tone today. what's the best strategy with so much going on? >> the best strategy is completely ignore the tape. are you not making a decision based on what we're seeing. there are weakness but as you cited before, correctly, there is a lot ahead right now. we also have the month of september coming and we have the back to school season, so you're going to be making your decisions once you hear what comes out from the ecb and what comes out from the fed and then obviously what the labor report is on friday. i am remaining committed to being long risk assets because i believe we have seen enough earnings growth, not too impede the appreciation we have had since the end of june. >> are you buying stocks today? >> i am doing nothing. today is not a day to do anything. nothing at all. >> you are remaining long. >> i am remaining long and financials weak today and i am still long and morgan stanley, goldman sachs, american express, i believe in the longer term story.

dan simon, fascinating reporting. the injured crash victims taken to san francisco general hospital, number one trauma center, five patients remain in critical condition, one survivor received minor injuries describing the moment of the crash. kyung lah joins us live from san francisco. the latest there? >> reporter: onjohn, the latest right over my shoulder. the hospital pio is briefing report reporters, she's gone up slightly in number of patients, being 53. split half and half between number of children as well as numbers of adults. seven patients, though have now been released. we actually got to speak with one of those patients who has just been released. he still had blood on the back of his shirt. you can see a cut on his ear. and he was talking to reporters explaining what it felt like at moment of impact. >> it like six flags show, right. >> tied up to your chair and again skipping on the run swai and i thought we'd go up for and start flying again, provide another landing but we went back down. fell like slo

simon hobbs joins us now. simon, we have about ten seconds to go before the close in europe.e, the periphery more broadly was the talk about what was happening in spain over the weekend suggests there could be pressure coming from these markets once again. >> the european markets are closing now. >> yes, kelly, i think that's very true. there is without any question a deteriorating political backdrop in europe. as far as the markets are concerned today, it's not a huge loss overall. yes, it's red, but they're not that deep given that we've falling here on wall street as well. interestingly, if you looked at sectors that were trending, the clear sector is basic resources. rio tinto still going forward. we've had this discussion time and time again on the program. we've also seen precious metals higher today. let's have a look at some stocks and you will see what i mean. some decent gains but bear in mind basic resources has been a lousy performer so far this year. whether it's short covering in front of bernanke tomorrow, i don't know. let's look at the basic resource sector.

simon baker? >> all right.ort time ago and the people have spoken, and the doc won the debate on zynga. >> dr. j is the winner. that does it for us. catch more "fast money" tonight at 5:00 p.m. follow me on twitter@scottwapnercnbc. have a great rest of the day. "power lunch" starts right now. >>> indeed it does, scott, and we begin with breaking news. welcome to "power lunch," everybody. i'm tyler mathison with sue herera and we begin with the news of the president set to give a major speech on the economy any moment now. it's the first in what is to be a series of back-to-back speeches over say the next 48 hours. the president laying out his agenda to fire up the u.s. economy. it comes on the heels of a new nbc poll that shows that only 45% of americans approve now of his performance. >> john harwood, of course, is with us from

simon hobbs covers that beat for us.s here first with a new report. >> we can get you ahead of it now with an analyst who has proprietary access to data on millions of future hotel bookings. patrick scoles can see what the ceos see now before they officially tell the market over the next couple weeks. welcome to the program. >> thank you, simon. >> the shocking truth remains within group bookings. what are you seeing? >> what we're seeing is very weak short-term group bookings. basically what we call in the quarter for the quarter group bookings. it's been extremely soft. >> how bad is it? >> we look at the pace of bookings. the number of reservations booked in june and early july for stays in the rest of the summer and september for groups specifically down nearly 20%. >> wow, from a very low base anyway because they have been the last to recover. >> the base was okay to start with. >> okay. >> but i will say there are certainly areas of strength, certainly the individual business traveler and the transyant business is

alternatives to rehabilitative programs to more comprehensive case management and finally jonathan simon is adrian craig in professor of law, teaches courses on criminal laws, criminal justice, law and consulted culture and law risk and studies. his book includes parole and the social control of the under class 1890-1990 how the war on crime transformed american democracy and created fear. welcome our panelist. [ applause ] >> i'm going to start with catherine mccrack in, the organization on juvenile and criminal justice has done extensive reach on the bail system and pretrial detention. is the system currently working would you say and what reforms would you support? >> thank you for having m e here today. the center for criminal justice has released a report last year that did examine the bail industry particularly around the lobbying effort. i want to talk a little bit about the criticisms of the commercial bail industry that has been reoccurring over the years and these date back as far back as to the 1920s that the commercial bail doesn't just a minute, discriminate those who can't

for "nightly business report," i'm simon hobbs. >> that's nig"nightly business report" for us. have a great 4th of july. i'm susie gharib, thanks for watching. >> i'm tyler mathisen, have a great 4th of july. we'll see you here tomorrow for the big jobs report. >>> "nightly business report" is brought to you by -- >> sailing through the heart of historic cities and landscapes on a river you get close to iconic landmarks, to local life, to cultural treasures. viking river cruises, exploring the world in comfort. >>> hello and welcome to "newsline." it's friday, july 5th. i'm catherine kobayashi in tokyo. egyptians are expecting upheaval and call for nationwide

for "nightly business report," i'm simon hobbs. >> that's nig"nightly business report" for us. have a great 4th of july. i'm susie gharib, thanks for watching. >> i'm tyler mathisen, have a great 4th of july. we'll see you here tomorrow for the big jobs report. >>> "nightly business report" is brought to you by -- >> sailing through the heart of historic cities and landscapes on a river you get close to iconic landmarks, to local life, to cultural treasures. viking river cruises, exploring the world in comfort. (peter sagal) the constitution puts limits on the power of government. but what happens when the law of the land... i think the federal government has just grown too big for its britches. ...conflicts with the law of a state? everything you just showed me is in violation of federal law. under the laws of the united states i'm a criminal deserving of the death penalty. (peter) coming up on "constitution usa" with me, peter sagal. (woman) major funding for "constitution usa" with peter sagal is provided by-- u.s. bank wealth management... helping clients grow, preserve, an

for "nightly business report," i'm simon hobbs. >> that's nig"nightly business report" for us. have a great 4th of july. i'm susie gharib, thanks for watching. >> i'm tyler mathisen, have a great 4th of july. we'll see you here tomorrow for the big jobs report. >>> "nightly business report" is brought to you by -- >> sailing through the heart of historic cities and landscapes on a river you get close to iconic landmarks, to local life, to cultural treasures. viking river cruises, exploring the world in comfort. was produced in high definition. ♪ ♪ ♪ >> and their buns are something i have yet to find anywhere else. ♪ >> i'm not inviting you to my house for dinner. >> breaded and fried and gooey and lovely. >> in the words of arnold schwarzenegger, i'll be back. ♪ ♪ joo you've heard of a connoisseur, i'm a common sewer. >> you had

>> simon leading our team on the ground in san francisco international. we will stay in touch. the animation is based on what we heard from the eyewitnesss and the like. the nose is up, the plane hits the rocks before making the run way. spins out right there and again, if you show it again, show it one more time as you could come in here. there's the bay, plane, too low, too soon t tail comes off, the fin and the horizontal stabilizer comes off. witnesses say there was a slight delay before the fire became worse. that period of time key to the evacuation. a number of people watching the landing. anthony said before touchdown, it was clear something was horribly wrong. >> when it was coming down, it looked like it was going to touchdown, all wheels were down and there. and at the time that the airplane touched down the nose wheel and the nose were still flared up. and it was up about 3 degrees and when it came -- when it came down, you just i -- one looks for the puff of smoke from the wheels, i did not is see a puff of smoke, i saw a lot of billowing of big white smoke prior t