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tom o'donnell. tom, thanks for joining us. it. this is sort of confusing breaking down german gas from russian gas problem. you could almost think that germany is bailing out a russian company. what exactly is going on here? can you break this down? ok, well indeed, thanks for having me tonight. yes, it's a, this company was the daughter of guess from in st. petersburg. but at the same time, if you look at all the infrastructure, it owned, there's deep german participation between this year, this russian company and i'm russian energy companies and german energy companies. so the whole industry is in tango very deeply. this goes back to the 1980s when the pipelines were for the oil. pipelines were 1st built through ukraine and poland and so forth from the soviet union. and now have been renewed with these north stream pipelines. this is a very deep alliance. that goes back a long time. ok. well time we also heard today russia's gas prom saying that a delivery through the pipeline will be cut by 40 percent due to complications rela
tom o'donnell. tom, thanks for joining us. it. this is sort of confusing breaking down german gas from russian gas problem. you could almost think that germany is bailing out a russian company. what exactly is going on here? can you break this down? ok, well indeed, thanks for having me tonight. yes, it's a, this company was the daughter of guess from in st. petersburg. but at the same time, if you look at all the infrastructure, it owned, there's deep german participation between this year,...
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Jun 3, 2022
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tom? >> kelly o'donnell for us tonight, kelly, we thank you for that. >>> now to tulsa police say the gunmanght one of his weapons, an ar-st15 style rifle hour before entering a hospital and killing his surgeon and three others blayne alexander is there. >> reporter: the first calls were chilling. >> we're going to have to get in this door. i don't know if it's him but i can see blood and i hear somebody moaning >> reporter: an orthopedic office on the campus of st. francis hospital in tulsa, oklahoma, now the latest scene of a mass shooting police say the gunman, 45-year-old michael louis, walked into his doctor's office armed with two guns and a vendetta police say he recently had back surgery his surgeon, dr. preston phillips. police later found a letter on the gunman laying out his clear target and motive. >> he came in with the intent to kill dr. phillips and anyone who got in his way he blamed dr. phillips for the ongoing pain following the surgery. >> reporter: after his surgery in late may, the gunman called the office repeatedly, police said, complaining of pain, even going back for
tom? >> kelly o'donnell for us tonight, kelly, we thank you for that. >>> now to tulsa police say the gunmanght one of his weapons, an ar-st15 style rifle hour before entering a hospital and killing his surgeon and three others blayne alexander is there. >> reporter: the first calls were chilling. >> we're going to have to get in this door. i don't know if it's him but i can see blood and i hear somebody moaning >> reporter: an orthopedic office on the campus of...
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joining me to break it down is tom costello, kelly o'donnell and matthew dowd. start with that economic part of the puzzle. what would an interest rate hike of three quarters of a point mean? >> i think we should probably stress the reason the fed is going to do this is because it only has one tool in the tool box to get inflation under control. and that's a hammer, only they are using a sledge hammer right now. this would be the biggest since 1994. it would mean new mortgage rates would go higher, car loans would go higher, credit card loans would go higher. if you take out a home equity line, that would go higher. all of those costs would start to grow and and grow and grow. it means companies that want to borrow money to expand, they maybe not willing to do that because everything costs more. the whole idea is slow down the pace of the economy, slow down inflation, they have a couple strange caveats here. unemployment right now is at a 50-year low. 3.6%, even as we have inflation running so hot at 40-year highs. that's really unusual. so the fed needs to slam
joining me to break it down is tom costello, kelly o'donnell and matthew dowd. start with that economic part of the puzzle. what would an interest rate hike of three quarters of a point mean? >> i think we should probably stress the reason the fed is going to do this is because it only has one tool in the tool box to get inflation under control. and that's a hammer, only they are using a sledge hammer right now. this would be the biggest since 1994. it would mean new mortgage rates would...
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. >> o'donnell: tampa bay quarterback tom brady will be missing his favorite target next season.saying he's going back to chilling out. he and brady won four super bowls together, including three in new england as patriots. that is tonight's "cbs evening news." i'm norah o'donnell here in our nation's capital. good night. ♪ ♪ ♪ >>> breaking news. a bart train runs off the tracks in the east bay forcing passengers to evacuate in the searing heat and throwing the afternoon commute into chaos. >>> on the peninsula, a brush fire forces evacuations, not far from a busy freeway. >> luckily, we don't have winds. that is really challenging us. but we do anticipate this heat to hold through the night. >>> record high temperatures across much of the bay area today, but i am tracking some relief in the first alert forecast. >> after 18 years i am not quite used to the heat. >> and one of the hottest spots in the bay area where not everyone is trying to beat the heat. >> to you actually like this weather? >> oh, yes. >> we begin with the breaking news in contra costa county. that bart train
. >> o'donnell: tampa bay quarterback tom brady will be missing his favorite target next season.saying he's going back to chilling out. he and brady won four super bowls together, including three in new england as patriots. that is tonight's "cbs evening news." i'm norah o'donnell here in our nation's capital. good night. ♪ ♪ ♪ >>> breaking news. a bart train runs off the tracks in the east bay forcing passengers to evacuate in the searing heat and throwing the...
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. >> o'donnell: tampa bay quarterback tom brady will be missing his favorite target next season.ond time saying he's going back to chilling out. he and brady won four super bowls together, including three in new england as patriots. that is tonight's "cbs evening news." >> i didn't do it, and this is the reason i'm suing my mother. >> announcer: a son denies crimes against his family. >> stole the tv out of my mom's room, hit my sister three times in the face. i was arrested, ripped out of my bed in my underwear. >> judge judy: these reports indicate that you were totally uncooperative. >> how would you react? >> announcer: did he bring it on himself? >> judge judy: how many times had you been arrested before? >> a bunch. my anger gets the best of me. >> announcer: "judge judy." you are about to enter the courtroom of you are about to enter the courtroom of judge judith sheindlin. captions paid for by cbs television distribution glenn hazelton is suing his mother, nancy hazelton, for falsely accusing him of assault and theft. >> byrd: order! all rise! your honor, this is case num
. >> o'donnell: tampa bay quarterback tom brady will be missing his favorite target next season.ond time saying he's going back to chilling out. he and brady won four super bowls together, including three in new england as patriots. that is tonight's "cbs evening news." >> i didn't do it, and this is the reason i'm suing my mother. >> announcer: a son denies crimes against his family. >> stole the tv out of my mom's room, hit my sister three times in the face....
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. >> o'donnell: tampa bay quarterback tom brady will be missing his favorite target next season.nkowski or gronk as he's known, retired today for the second time saying he's going back to chilling out. he and brady won four super bowls together, including three in new england as patriots. that is the "the cbs overnight news" for this wednesday, check back later for cbs mornings and follow us online any time, cbs news.com. reporting from the nation's capitol, i'm norah o'donnell. >>> this is cbs news flash, i'm matt piper in new york. the ntsb is heading to miami international airport after a red air flight catches fire upon landing. the landing gear collapsed as the plane was arriving from the dominican republic. three of the 140 people on board suffered minor injuries. >>> bill cosby has been found of sexually abusing a 16-year-old girl in 1995. it happened at the play boy mansion. he did not attend the trial or testify in person. and yellow stone national park is reopening, allbeit partially, record flooding pounded the area last week, most of the park should be reopened in the
. >> o'donnell: tampa bay quarterback tom brady will be missing his favorite target next season.nkowski or gronk as he's known, retired today for the second time saying he's going back to chilling out. he and brady won four super bowls together, including three in new england as patriots. that is the "the cbs overnight news" for this wednesday, check back later for cbs mornings and follow us online any time, cbs news.com. reporting from the nation's capitol, i'm norah o'donnell....
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o'donnell is at the white house. and, kelly, there's already controversy surrounding this summit >> tom, there is drama before the diplomacy officially begins in los angeles where president biden is the host of the summit of the americas a significant snub, the president of mexico announced today that he is refusing to attend because the u.s. is not inviting cuba, venezuela, and nicaragua over their lack of democratic values, but mexico says the agenda of migration and economics is too important to exclude any nation today the white house told me president biden was given advanced warning of mexico's president's decision not to come 23 heads of government are confirmed to attend, and to smooth things over, mexico's president will be invited to visit the white house in july. tom? >> all right kelly o. for us at the white house. we thank you for that. >>> we want to hea overseas now, high political drama tonight in london where prime minister boris johnson survived a vote of no confidence brought on by members of his own party over his behavior and his leadership stephanie gosk is there with details. >> reporter: tonight bor
o'donnell is at the white house. and, kelly, there's already controversy surrounding this summit >> tom, there is drama before the diplomacy officially begins in los angeles where president biden is the host of the summit of the americas a significant snub, the president of mexico announced today that he is refusing to attend because the u.s. is not inviting cuba, venezuela, and nicaragua over their lack of democratic values, but mexico says the agenda of migration and economics is too...