now, whitaker is stepping down. as ceo, he launched a restructuring program that cost plant closures and tens of thousands of layoffs. his successor is not an automotive expert either. he has experience in telecom and finance. he will be in charge if gm makes an expected ipo later this year. he will try to pay governnt loans of almost 40 billion year rose. >> we spoke earlier with our correspondent on wall street. we asked him what investors made of the leadership changes and the quarterly profit. >> washington put ed whitaker in place. it makes sense that now that general motors is getting closer to an ipo that he is leaving his post. it is getting pretty likely that general motors might actually have this ipo before the elections in early november. if the ipo is going to be successful and sustainable depends on the product quality of general motors, if they have good models. if not, general motors is going to have tough times once again. >> let us look at high tech news again. cisco systems posted a bleak outlook

whitaker. [ringing bells] [applause] >> nice. trinny whitaker, ladies and gentlemen. our sixth contestant is qualifieding for the -- qualifying for the very first time today. he's a conductor. he's been with muni 15 years, with the cable car division nine years. please welcome joseph hsu. mr. hsu, how's it going? if you weren't driving a cable car, what would you be doing? >> watching tv? >> so you can play the drums and watch perry mason at noon at the same time. sounds good to me. ladies and gentlemen, mr. joseph hsu. [ringing bells] [applause] >> joseph hsu, ladies and gentlemen. joseph hsu. now, all those six men are competing against this man, ladies and gentlemen. we left him for last simply because he was the 46th annual cable car bell ringing champion. ladies and gentlemen, he's been with muni for nine years, eight years on the cable car. let's hear it for two-time winner mr. leonard oates. [applause] go -- good to see you, leonard. up got the gloves on. i see you are ready. you and i have a city in common. where were you born? >> new orleans, louisiana. >> ne

now, whitaker is stepping down. as ceo, he launched a restructuring program that cost plant closures and tens of thousands of layoffs. his successor is not an automotive expert either. he has experience in telecom and finance. he will be in charge if gm makes an expected ipo later this year. he will try to repay government loans of almost 40 billion year rose. >> we spoke earlier with our correspondent on wall street. waskedhim what investors made washington pd itatowbereelectios cc not, ger moris s you wl s tha thhowar screase in revenue ntiod o lking atspurecdata sasin esren llt. ia w,al da. ermpymt sunc narts anor gup ennnc saspdursndxptsemdnition ssth o oofi g oyo omyt6.mily gazaonbe neurn n ogot colombi wr a radio the injured bus that happen to pass by. images from a surveillance cara inside the station showed the extent of the damage.the c't described the bombing as teorist act. police say rebels are a flock of colorful hot air ballnsootoheky above ukraine on thursday for day two the event pulled balloonists o

should be credited to ed whitaker? >> part of it. certainly the product portfolio, the new products like the cruise you mentioned. these are products that were launched or the development under rick waggner two c.e.o.s ago. but he deserves a lot of credit for focusing the mission on simplicity, keep it simple, the mantra g.m. has is deliver, sign, and sell the world's best cars. also accountability. people who don't do the job or he doesn't like, ed whitaker has been able to move out or shift or basically push out the door. >> lehrer: yes, mr. magliano, you're back now. >> good to be back. >> lehrer: david shepardson finished your sentences for you. but let's pick up on what i was talking about david right now which is how much of the positive stuff right here should be given to ed whit dismer in other words, the credit for it should be given to ed whitaker? >> i think he gets a lot of credit for pushing it through. and number one, he changed the corporate culture or start to change the corporate culture in g.m. g.m. was known for bu

. >> jamie whitaker followed by mark gleason. >> good afternoon. >> my name is jamie whitaker. i am speaking to you. i would like to thank you for the additional bike racks in the neighborhood. we appreciate them. anything to mitigate the air toxins is wonderful. main reason i came today is that we are excited to see the temporary terminal opening this week. excited to have the opportunity on the street. many of us walk. some additional eyes and ears to help keep the neighborhood safe is wonderful. if you could turn to the laptop image. one thing we are not excited to see is an additional left-hand turn at main street. because a lot of us moved here in order to walk to work, we are very sensitive to traffic changes and anything that might increase the probability of dustin pedroia injuries or deaths. and we believe the second left-hand turn is increasing the likelihood of pedestrian injuries. there are about 800 kids that are in the rankin hill neighborhood on a workday basis primarily in the day care centers connected to the office buildings. so is it important for all of us t

bill whitaker is in los angeles tonight with the latest. bill, good evening. >> reporter: good evening, russ. off-road races like the california 200 are growing in popularity. tonight investigators are questioning witnesses, trying to figure out how things at such a popular spectator sport could go so terribly wrong. fans who flock to this off-road race say getting in close to watch trucks careen through punishing twists and jumps is thrilling. last night was deadly. a driver spun out of control and plowed into the crowd. >> his truck just flipped. >> reporter: the white truck landed upside down, crushing people, killing eight and injuring two others. >> it hit. it rolled right on top and it just hit people. people flew. >> it was psychotic. people were screaming everywhere. >> one girl we knew had blood coming out of her ears, her mouth. at guy's brains got smashed. >> reporter: spectators rushed to help. the driver ran away from angry spectators throwing rocks. with the track so remote, it took emergency crews almost half hour to respond.

bill whitaker has the latest. >> reporter: the average american consumes about 260 eggs a year. now this largest-ever salmonella outbreak from eggs is making consumers sick. there have been 1300 more cases than normally reported between may and july. carol lebato ate eggs at a denver restaurant. >> the shaking. i had a fever. i had vomiting. just sick, sick, sick, sick. >> reporter: the outbreak has been traced to wright county egg in iowa, a company with a long history of environmental and labor violations. seven million chickens at the sprawling plant produce 5.5 million eggs a day. now owner jack decosta is being sued by some victims of the outbreak. the recalled eggs are packaged under more than a dozen different names. the sickening bacteria can be on the shell and in the yolk. >> they get into the flocks and the egg-laying houses by feed, by water, and by environmental contamination. >> reporter: when this outbreak started, egg producers largely were in inspecting themselves, but last month, the food and drug administration imposed mandatory controls, including random egg

bill whitaker explains. >> reporter: it's a familiar question for california shoppe shoppers... >> what kind of bag, paper or plastic. >> reporter: for many the answer is clear. >> plastic, for sure. >> reporter: but this modern-day convenience has a long shelf life, wreaking havoc on the environment because it doesn't really decompose, so california state assembly passed a bill that would ban free disposable plastic bags in supermarkets and drugstores by the year 2012. >> californiaians will singl sio the nation its commitment to wean itself from a costly habit. >> reporter: californians use an estimated 19 billion bags per year but less than 5% are recycled leaving behind 147,000 tons of waste. >> this story begins with a single plastic bag... >> reporter: the uncoming film "bag it," shows what happens when plastic enters our rivers and oceans. >> they just eat what's out there. >> reporter: they wind up killing animals and littering beaches around the world. mark gold is with heal the bay, a california environmental group that leads hundreds of beach cleanups each year. he says a sta

bill whitaker, cbs news, malibu. >> mason: and that's the "cbs evening news."ason in new york. thanks for watching. good night. captioning sponsored by cbs captioned by media access group at wgbh access.wgbh.org to walk down the aisle. >>> the marriages aren't legal but they might be soon. the gay couples already planning to walk down the aisle. >>> from a wealthy neighborhood to jail, accused of sexually assaulting boys. the additional charges this mother faces tonight. >>> hope is still alive. the efforts to find a missing east bay boy one year after he miss appeared. cbs 5 eyewitness news is next. ,, [ female announcer ] jobs leaving. a budget disaster. california on the brink. jerry brown's plan? you run for office and the assumption is, oh, i know what to do. you don't. i didn't have a plan for california. [ female announcer ] with our state in crisis,

here's bill whitaker. >> reporter: the second iowa egg producer, hillandale farms says eggs it's shippedmes since april could be contaminated with the salmonella bacteria. the cartons are stamped with plant numbers p-1860 and p-1663. what's now the biggest u.s. outbreak from eggs has put the spotlight on egg production, especially the facility with where this outbreak allegedly began, wright county egg in galt iowa. the huge seven million chicken facility is owned by jack decoster, no stranger to controversy. this year, decoster was ordered to pay more than $100,000 for ten counts of animal cruelty caught by hidden cameras. in 2000, fined $150,000 and dubbed a habitual violator of iowa's environmental laws. even with tougher new federal rules, researchers say there are too few regulators to oversee today's megaproduction facilities. >> the problem is that f.d.a. doesn't have the muscle to enforce those rules. >> reporter: the strain of salmonella linked to the eggs is showing up three times more than average, 2,000 cases so far. and for every case reported, researchers say 30 go unreport

bill whitaker, cbs news, los angeles. >> couric: still ahead here on the "cbs evening news," he lost his sight and makes just $4 a day but he wouldn't trade places with anyone. steve hartman's "everybody in the world has a story." but up next, the economy is still struggling so why is so much stimulus money going unspent? and it dominated mine. i honestly loved smoking, and i honestly didn't think i would ever quit. ♪ it was very interesting that you could smoke on the first week. [ male announcer ] chantix is a non-nicotine pill that stays with you all day to help you quit. in studies, 44% of chantix users were quit during weeks 9 to 12 of treatment, compared to 18% on sugar pill. it's proven to reduce the urge to smoke. i did have an unopened pack of cigarettes in my purse... i said, you know, "bye, i don't need you any more, you're not my crutch, i don't need a crutch." [ male announcer ] ask your doctor if chantix is right for you. and find out how you can save money on your prescription at chantix.com. some people have had changes in behavior, hostility, agitation, depressed moo

bill whitaker, cbs news, los angeles. >>> now to the gulf oil spill. federal officials say the final sealing of bp's blown out well won't begin until september, after labor day. the well has been capped with no oil leaking since mid-july but there's new evidence a great deal of oil remains deep under water. scientists have found a plume of oil half a mile under the surface, a mile wide and stretching 22 miles from the well site. some believe there's far more than that, enough to affect life in the gulf for many years to come. >> i think that the imprint of the bp release, the discharge, will be detectable in the gulf of mexico environment for the rest of my life. >> even so, today louisiana wildlife officials are expected to reopen 860 square miles of gulf waters still closed to recreational fishing. they may ask federal authorities to reopen louisiana waters to commercial fishermen. >>> it's widely reported this morning that after two years, the u.s. has finally talked israel and the palestinians into talking to each other. "the new york times" report

trini whitaker. [ringing bells]

jamie whitaker? one card. >> good afternoon supervisors. i would like to thank supervisor maxwell especially for working to improving the developer stimulus. at first i was very much against the stimulus legislation that did not have up front fee, and am pleased we did get something with 15%. this neighborhood is not really represented by a formal c.a.c. it is not part of the eastern neighborhoods, and as we all know, development is stalled. we have a lot of folks living in the neighborhood. it runs all the way up to market street. we have millennium, which is a 6-00 foot to your, one renkin hill, which sticks out like a sore thumb, and the infinite. so 1,500 additional residents have come to the neighborhood. i live at bakers towers, built in 1991, the first mid rise condominium built after the earthquake. while there are children's playgrounds planned for the trance bay transit center, that lovely park we hope to see in 2017 and a couple of other parks i will show you, the kids right now need space to run around. anything that can help to

chief executive officer edward whitaker will step down on september 1st and board member dan ackerson will take over. >>> the yen marked a 15-year high against the dollar this week. a major japanese commercial bank estimates if the dollar stands at 85 yen for a year, it will lead to the country's real gross domestic product shrinking by 0.4%. a bank of tokyo mitsubishi ufj survey says exports will decrease by 1.3% and capital investment will contract by 0.7%, compared to figures calculated at the level of 90 yen to the dollar. the bank of japan says most japanese manufacturers are projecting business forecasts on the basis of 90 yen to the dollar. the central bank is expecting the current fiscal year's gdp growth to be between 2% and 3%. however, the estimate also says that if the current level of foreign exchange rates holds firm, shrinking exports will lead to a 4% reduction in overall corporate profits. an official from the bank that conducted the survey says this will likely have an adverse effect on the japanese economy, which is now on a path to recovery based on exports. >>> 25

trini whitaker. sullivan philips. ken lunardi. and joseph hsu. come up and get your trophies. thank the judges. [laughter] now it's time for what you've been waiting for, third place, ladies and gentlemen, mr. howard woo. howard woo. again, they're not booing you. all right. mr. ken mcdonald. chief of muni operations officer, please come forward to help me present the second place trophy. second place, ladies and gentlemen. mr. frank ware. and before we announce the winner i'm going to drag this out even longer. i'm going to take a moment to thank the kind people who made the 47th annual cable car bell ringing contest possible the the vice chair of the sfmt board of directors. and friends of the cable car music, union square association, trophy masters shanghai restaurant, ghirardelli chocolatesing, and the american automobile association and the $250 cash prize, deluxe sightseeing. let's bring up gilberto gad oy with the hand-crafted bell. and the winner is -- >> mr. leonard oates. congratulations. >> leonard oates. he retains the crown. [applause] that concludes the 47th ann

ceo edward whitaker, jr., out, board member daniel akerson in, at a crucial moment, just as the companyrepares to sell its stock to the public. the rest of the economy is also on a bumpy ride. on wall street, the dow was down 59 points, failing to recover after yesterday's precipitous drop. new jobless figures showed the number of workers filing claims for unemployment rose to the highest level in almost six months. 484,000 claims last week. on the front lines in atlanta, this job placement specialist says it's the worst job market she's seen in 30 years. >> the last two years have been devastating. however, we are definitely seeing a surge in hiring. we are definitely seeing unemployed candidates return to the workforce. >> reporter: the economy is growing, but now much more slowly than even nine months ago, a trend so worrisome the federal reserve this week downgraded its estimate of the strength of the recovery. >> the rate of economic growth right now is definitely slower than many people were expecting six months ago. >> reporter: the signs of uncertainty are everywhere. mortgage r