tv The News With Shepard Smith CNBC December 3, 2021 12:00am-1:00am EST
well, it's a great business. having all five sharks get in the deal together was amazing for it to ever happen. that's tremendous for us. bull market somewhere. i'm ji five cases of covid omicron variant detected in new york details of the spread and the new restrictions this is the news on cnbc president biden outlines his battle plan. >> science and speed not chaos and confusion. no shutdowns, no lockdowns but five key actions that every one is being asked to take over the winter more cases of the new variant found in the u.s we go back to where it was first detected and meet a south african virus hunter
>> is it spreading faster, and the answer to that is yes. >> the early observations and what they mean for your vaccine status an arrest in shooting death of a shooting music industry legend's wife. what we learned about the home invasion 20 years ago today enron files for bankruptcy >> a fraud that's driven from the top of the company business executives became household names. prosecutors became celebrities where are they now a second person backs alec baldwin's claim that he didn't pull the trigger debt collectors have a new way to track you down. and zeno bot, living robots that can reproduce good advantage with science and speed, not chaos and confusion. that's how president biden says america needs to fight covid this winter. he outlined his new pandemic
strategy today as u.s. health experts confirm more new cases of the omicron omicron variant reimbursing americans for at home rapid tests new testing requirements for travelers coming from other countries. expanding access to booster shots for all adults and the opening of more vaccination sites targeted toward families president biden insists his strategy does not include any l lockdown or new vaccine mandate. >> my plan i'm announcing today pulls no punches in fight against covid-19 and should unite us experts say the cases continue to rise in the weeks ahead this winter we need to be ready. >> the new york governor called a news conference to announce researchers identified five covid omicron cases in the state. many of the details are still unclear. the government says the cases appear to be mild but she says this was expected and should not
cause any alarm. earlier today researchers identified single cases in minnesota and colorado health officials in minnesota say a man tested positive for the new variant after traveling to new york city last month. they say he attended this anime convention the governor urged everybody who went to that kmps to get a covid test right away. in colorado, health officials say a woman tested positive for the new variant after she traveled to several countries in southern africa. we have coverage from all angles tonight. in a moment meg tirrell but first to kayla break down the president's new plan for us. >> the white house's plan is aimed at limiting the omicron cases coming into the u.s. and decreasing delta wave hospitalizations the administration is telling pharmacies to schedule family vaccine appointments demanding private insurers pay
americans back for rapid tests and deploying crews from the pentagon and fema to assist in hot spots. extending a requirement for transit until mid-march. they expire after nine months when immunity wanes. a senior administration official says one reason the white house stopped short of quarantines and arrival testing, it's too hard to implement without all states on board press secretary acknowledged legal challenges >> we've taken a number of steps that are not intended to be controversial or divisive but
still maybe perceived that way but most important factor is what will be most effective. that's what we really base our decisions on >> on that note the administration's vaccine mandates have run into fresh legal obstacles this week and some gop senators have threatened to shut down the government if they are not over turned >> thank you more on that possible government shutdown in a minute meg is tracking the new covid omicron cases in the united states and around the world. what do we know now? >> at this point all of the cases in the u.s. now, at least eight confirmed appear to be mild some were fully vaccinated with one with a ecent booster shot and among the first three cases they have recovered or recovering health officials warn about reading too much into a few case reports. we are starting to learn more out of south africa where cases are rising rapidly researchers there today say data show a threefold increase in the
risk of reinfection compared with prior variants meaning more people who already had covid are getting it again with omicron. we spoke with dr. kareem about what what things look like on the ground >> is it spreading faster? the answer to that is yes. we have data for about seven days the doubling time with this variant is faster than the doubling time that we've had in south africa with the delta variant and the beta variant >> whether omicron is more severe, he says it's too early to tell. they have seen more younger people, including children get hospitalized he cautioned against drawing firm conclusions at this point >> at this stage, it does not -- it's not clear whether there's more severe disease in children. it seems more that we are seeing
more children because the virus is spreading faster and the clinical profile of the patients seems to be similar to what we saw under the delta variant. >> he thinks it's likely we will see more breakthrough infections with the vaccines but he expects them hold up well against severe disease. he does think omicron will require updated vaccines the same way we do for flu and he warns if we need new shots, the world should strive for equitiable distribution this time around. >> thank you an all too familiar crisis playing out on capitol hill again. the federal government set to s shutdown tomorrow at midnight. the house of representatives passed a short term deal but some senate republican were threaten to hold up the bill over president biden's vaccine mandate. there's a major and promising development.
>> reporter: it's not done until it's done but optimism is growing that the senate could vote on that government funding bill as soon as tonight. chuck schumer told reporters it's looking very good i talked to the number two democrat in the senate who said they are nearing an agreement with those conservative senators who were tlehreatening to draw this out the senators would vote on the bill before tomorrow's midnight deadline in exchange for a separate vote that would prohibit federal agencies from spending many unto put the vaccine mandates in place. here is gop senator mike lee earlier today. >> i want to be very clear, i don't want to shut down the government the only thing i want to shut down is congress funding enforcement of an immoral, unconstitutional vaccine mandate. >> democrats warn if congress misses the deadline and the
government does shut down, republicans will bear the blame. >> a few individual republican senators appear determined to derail there important legislation because of their opposition to the president's live saving vaccine guidelines critical to healing our country in the middle of pandemic. let's be clear, if there is a shutdown, it will be a republican anti-vaccine shutdown. >> reporter: many republicans were not on board with this plan either i talked to several gop senators who say they oppose the vaccine mandate as well but this wasn't the right time to make that point. the good news is that both parties are confident they will have the votes to pass the funding bill when ever it comes to the floor the bad news is that this only funds the government through february 18th. we can do this all again in 2022 >> very familiar we should know in the next 24 hours whether prosecutors plan to charge the parents of the 15-year-old who shot and
killed four students in oxford high school north of detroit the county prosecutor says she hopes to make an announcement by tomorrow yesterday the sheriff said the suspect's father bought the gun on black friday. he says the student who brought that gun to school brought it to school days later and killed four of his classmates and hurt seven other people we're learning more about the moments before the shooting. the sheriff said two different teachers reported the student's concerning behavior. once the day before the shooting and once the day of. he said those reports led to meetings with school officials, including one with the suspect's parents on the day of the massacre the sheriff also said more than 60 schools in that area closed today because of threats investigators are working to learn who made the fake threats and they will seek criminal charges. >> if you're making threat t
we're going the find you it's ridiculous you're inflaming the fears and passion of parents, teachers and the community in midst of a real tragedy. >> he estimated they got hundreds of threats and did not find one of them credible. the trial of jussie smollett testimony from a man who said he was hired to stage a hoax attack on the actor defense attorneys outlining their case for why the innocent involving a noose, bleach and racial slurs were real the international olympic committee giving another update on chinese tennis star but the women's tennis association says it's not enough. now the chinese government and a tennis icon are weighing n major league baseball players are locked out negotiations on the new deal are under way but considering what we have learned about the length of the latest meeting, things are not good
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only at t-mobile. the prosecution in the trial against actor jussie smollett said moments ago it plans to rest its case. the former empire actor is accused of staging an ae anti-racist gay attack against himself. they have been arguing from the beginning he was actually attacked they say two brothers who claim smollett hired them to stage it are scammers who were looking for money. the defense got their chance to question both of those brothers today. cnbc with the testimony. >> reporter: it's actor jussie smollett against two brothers who say the former empire star paid them $3500 to stage an attack the second brother taking the stand today. testifying smollett had this
crazy idea of having two maga supporters attack him after he got hate mail at the tv studio in chicago he testified smollett wanted him to put the noose around his neck and pour the bleach on him police later finding smollett with a rope. >> you want to take it off or anything >> i do. i wanted you to see. >> reporter: he says the actor gave him a $100 bill for supplies he wanted the attack to look like a struggle and make it appear he fought back. today in cross-examination, smollett's legal team says the 2019 attack was real adding the brothers are saying the attack was staged because they did not like smollett and tried to make some money smollett's attorney accusing the brothers of trying to get the actor to pay them $1 million each to not testify. when asked if that was true, abel responded, no, sir. abel says smollett wanted to be attacked to create media attention. >> i was talking to a friend and i said i want them to find them.
>> reporter: abel testifies he text smollett the next day bruh, say it ain't true. i'm praying for a speedy recovery just as smollett told him to. >> reporter: the judge was making faces at them when they made objections. the judge said, nope not going to happen. no mistrial. this is day four of the trial and the judge says this could continue into next week. the biden administration announcing it will restart a controversial trump era border policy next week under the remain in mexico policy, migrants who are seeking asylum need to wait outside the united states for their imbrags court hearing. president biden ended that policy after he took office and he called it in humane it can and missouri officials sued and the federal judge ordered the biden administration to restart the program while the lawsuit plays out.
the u.s. reached a deal with mexico to start with migrants again. there's a new commitment to wrap up legal proceedings there's a second video call helped with peng they say she's safe and well but they didn't provide an image or video as evidence. in state the ioc wrote we are using quiet diplomacy which given the circumstances and other organizations is indicated to be the most promising way to proceed effectively in such humanitarian matters the u.s. tennis association is suspending all tournaments in
20 years ago today, corporate america changed forever. enron filed for bankruptcy december 7th, 2001 the company shares morts more than $90 each. just before they filed for chapter 11, they traded for 26 cents. it made household names after previously obscure business executives and made the careers of the team that prosecuted them scott reports how they all got
started. >> reporter: december 2nd, 2001, the day of the bankruptcy was a sunday the very next day, 4,000 enron employees were thrown out on the street behind me more than 20,000 had their careers uprooted many lost all their retirement savings. the people at the top lost their dignity. some went to prison. for the man at the very top, it was a sudden and total fall from grace. ken lay was more than just the founder of enron he was a local hero in houston politically connected. many expected he was bound for washington but not like there. >> i'd say you were a carnival barker except that wouldn't be fair to carnival barkers >> reporter: indicted on ten felony count, he said he was shocked when hef was convicted o all of them. >> i believe i'm innocent of the charges against me. >> reporter: six weeks later he died of a heart attack wiping out his convictions. in a statement provided to cnbc
on the 20th anniversary of the bankruptcy lay's son and daughter focused on what he built the model was simple hire the smartest people, give them capital and manage the back off so they can build new markets. jeff skilling created the business model his sudden resignation raised some of first suspicions released from prison in 2019 after serving 12 years frr fraud, conspiracy and insider trading, today he's back in houston working on a high-tech start up in the energy industry and volunteering he declined to comment andy fastow, the former chief financial officer who cooked off the most notorious off balance sheet deals and got rich in the process would plead guilty to two fraud count, testify against his former bosses and serve five years in prison. in statement he says he believes what he did was wrong, unethical
and illegal. he's ashamed and embarrassed takes full responsibility and he apologizes today, as scene in this video, he gives speeches on business ethics his message, even though companies may believe they're following the rule, the same misleading deals he did at enron is common in business. >> you can follow all the rules and still be committing fraud. >> i would say he's rationalizing. >> reporter: the first head of the justice department's enron task force would go onto head the doj criminal division. today she's a white collar defense attorney >> there's still accounting fraud going on what's rare to see especially in established large companies like enron is a fraud that's driven from the top of the company. >> reporter: deputy director became white house counsel under prosecute obama. overseeing it all, then deputy
attorney general, james comey. some critics say the task force created as the bush administration was facing political fall out over the president's ties became a self-fulfilling prophesy unfair to many of those convicted. the one that put accounting firm arthur anderson out of business was over turned on appeal. what about this place. houston, which lost a lot of its swagger 20 years ago today it's more than recovered there's been a few mentions of this anniversary on local news there's now a whole generation that knows next to nothing first hand about what happened in the building behind me and the massive impact it had worldwide. >> live in houston fears of war between slrussa and ukraine. secretary of state blinken meeting with his russian counter
part russia's foreign minister came with threats of his own. no shutdowns, no lock outs that's from the president today as more cases of omicron are detected in america. the international reaction more veer the restrictions being rolled out and how they could impack your travel plans as we approach your travel plans as we approach the bottom of the hour a t ♪ limu emu... & doug ♪ ♪ superpowers from a spider bite? i could use some help showing the world how liberty mutual customizes their car insurance so they only pay for what they need. (gasps) ♪ did it work? only pay for what you need
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you think of is traditional. words like this mural of charlie brown sold for $4 million. or this picasso that went for 20 mil. nonfunctionable tokens or art that's purely digital. it's the latest to lure in the crypto world in miami beach. >> reporter: known for attracting the whose who of art collectors with the rise of nft this year, investors have went on the city to network and spend some of those gains on digital art >> we met lot of younger collectors
>> reporter: nfts put the power in the hands of artists like him. it's first time he's opinion able to make a living. there will be pockets of nfts that are over hypes and over valued but predicts the digital market will eclipse traditional fine arts within five years. >> speed of development and innovation and how the technology has unfolded, you see something like this every hundred years. there's nearly 200 other block chain events in the city this week over in wynnwood, crypto investors are more focused on rubbing elbows than buying art some see this boom as the next big gate way for the industry. >> we all have some basic understanding of art we don't all have some basic understanding of crypto currency and pblock chain. miami is one of handful of
cities looking to become the crypto currency capital of the u.s. it's got its own crypto currency, miami coin that openness made this a hot spot for conferences it's convinced some start ups to move here. >> live in miami beach your next friend request on facebook could be a debt collector and that's what's topping cnbc on the money. the consumer financial protection bureau updating how collection agencies can chase down unpaid debt they can slide into your dms they allowed to directly message people on social media platforms. there are some guidelines. message s have to be private and they must identify themselves and offer you way to opt out the collection industry praising the move while consumer advocates fear people will fall prey to illegal scams. ford motor company announcing today that the f-series pick up is america's top seller it's a title that the truck has now held for 40 years since
1981 it was a tougher accomplishment this year with chip shortage that employe slowed production bk celebrating the 64th birthday of its signature burger tomorrow and saturday customers at participating restaurants can buy a whwhopper of the original price of 37 cents only if you're a member of the loyalty program. the dow bouncing back in a big way. the dow up 618 s&p up 64. nasdaq up 127. i'm shepard smith on cnbc. it's the bottom of the hour. time for the top of the news russian troops mass on ukraine's boarder. concerns that putin will order an invasion. how the secretary of state is now responding new testimony in the
ghislaine maxwell trial. what a key witness said he saw happen inside jeffrey espepsteis mansion. countrying cracking down on different rules as they race to contain covid omicron. in greece, anybody 60 and older who refuses to get vaccinate bid next month will get fined. the fee more than 100 bucks every month. the money will go do the greek health system. in germany they are planning to ban unvak siccinated people frol non-essential businesses unless they recovered from covid. germany will make vaccines mandatory as soon as february. south korea will require international travelers to quarantine for ten days starting tomorrow that new rule applies to everybody vaccinated or not. france is ramping up the booster shot campaign. health officials will open 300 new centers. a booster will be required for anybody looking to go to a
restaurant, bar or gym japan just called off its ban on all new incoming foreign travelers. that move comes just a day after government officials announced that policy. critics say the travel rules were an over reaction. india was scheduled to resume international flights starting in two weeks but that plan just got scrapped initials say they are reversing the decision because of concerns about covid omicron. as scientists work to learn more about in new variant, some businesses are once again cancelling and postponing big in person events. the travel industry gearing up for more possibly set backs when america's new travel rules go into effect. here is seema. s >> just as travel was about the take off, the e amemergence of omicron planning to up end plans. countries unveiling new restrictions and in some cases
holding off on big vents just today japan cancelling the skating final. so far europe seeing a sharp drop in the number of travelers checking into hotels >> the occupancy decelerations we have seen in europe have been very pronounced. >> reporter: the travel institute says they are hearing americans show more caution, taking a wait and see attitude towards booking interflnational trips. >> i'm scared because thinking if there's going be another lock d lockdown or the flight get cancelled, how i'm coming back i'm not comfortable. big cities that were depending on a rebound may not see as big of a push as anticipated >> the impact on international travel will hit the gateway ci cities foremost. >> reporter: executives remain optimistic that travel will continue to recover. it may take a bit longer
>> i think this will be three steps forward, one step backwards. delta was two steps forward and one step back and the next variant will be four steps forward and one back. >> reporter: the variant also raising questions about larger global conferences slated for january. the world economic forum in switzerland, consumer electronics show in las vegas that attracts 150,000 people, a spokesperson for ces says they are watching omicron closely >> thank you america's top diplomat sending a direct warning to russia if you invade ukraine, there will be severe costs and consequences secretary of state tony blinken meeting face-to-face with russian foreign minister today in sweden. the meeting comes as russia masses troops along the ukrainian border more than 90,000 troops. this is video of a russian military trial near the border this week. moscow denies its preparing to attack the kremlin insists this was a
regular winter military exercise take a look at this map. the military times reports it received this assessment from the ukrainian military about what an invasion would look like the red blobs are where russian troops are deployed. the secretary blinken said he has a serious and sober conversation about what will happen if russia does not back off. >> i made very clear our deep concerns and our resolve to hold russia responsible for its actions. it's now on russia to deescalate the current tensions by reversing the recent troop build up returning forces to normal peacetime positions and refraining from further intimidation and attempts to destabilize. >> none of that has happened yet. moscow has accused ukraine of its own military build up. they have been locked in c conflict since russia invated crimea in 2014
just last week the ukrainian president claimed a group of russians and you kukrainians we plots a coup michael, thanks. severe costs and seqconsequence is that enough slow down putin >> i don't think he wants to invade.wants to achieve the psychological effects. he wants us to be intimidated and be scared of what could happen and not bring ukraine into nato. he's trying to say, if you start bringing in this country, which is so close to russia and its heart and soul and history into the western alliance set up against the soviet union, i will do things that i will make you speck speculate and imagine. i think he's sending a message on what he could do, not what
he's doing >> while they were doing it, they said they weren't doing it and now they own crimea. i know they needed a warm water port there but who's to say he'd stop nfor anything >> that's a good point there will be serious consequences even if we're not going the fight over ukraine, we can really drive their economy into the ground collectively with western europe over these kinds of agraggressions. the russian economy hasn't grown in a decade. in this last eight or nine years he hasn't achieved the economic growth i seriously doubt that he wants major sanctions applied against this country that's what blinken is threatening. >> israel urged them to stop the
talks. the idea of talking with iran is just sort of silly at test and maybe enabling at worst. it's not realistic to expect them to come ply if we have been out of it for three years. every seng l day we wait, iran will keep doing more unacceptable things. >> thank you a second person has come out to claim that alec baldwin did not pull the trigger on the rust movie set. first was baldwin. the second is the assistant
director a guy named dave halls his attorney told good morning america what her client said happened on the set. >> the entire time baldwin had his finger outside the trigger guard parallel to the barrel and he told me since day one he thought it was misfire >> yesterday cbs news released a promo from baldwin's first interview. he said he would nef pver point gown at somebody and pull the trigger. he said somebody handed him the gun and home him it was cold, meaning no live bullets. police say a real bullet lit the -- her and killed her police have made an arrest in the deadly beverly hills home i vags police say they caught the suspect after he shot himself in the foot while he was robbing another home they say his name is ariel
manor. a 29-year-old parolee with an extensive criminal record. he brought into the house of jackeline avant. they say he drove to another home police say that's where he accidentally shot his foot within ar-15 they say no one else was hurt and his motive is still unclear but they believe he was acting alone. the trial of ghislaine maxwell continues. what he said he saw inside those walls. next with us, julie brown. the reporter credited with breaking the story wide open affordable housing why the end of the mortgage bail
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jeffrey epstein's long time housekeeper on the stand today he worked for epstein for a decade and said he saw women at the house hundreds of times. he said they were topless three quarters of the time he testified they were usually in their 20s or late 20s he recalls two under age girls one of them he identified as jane he was on the stand the past two days and described being sexually abused by epstein and maxwell. he estimated she was 14 or 15 years old at the time.
he described remember you see nothing, hear nothing, say nothing. you should never look at especially teen's eyes and never disclose their activities. julie, you have been covering this trial from the courthouse this testimony today showed really how intertwined maxwell and epstein's lives were >> right i think today we got sort of more of a narrative of exactly how his household ran and what kinds of visitors they had and how maxwell ran this household she did the hiring and firing and seemed to pull a lot of strings even at up with point directing employees to complete tasks in a 58-page booklet that she put together.
>> how damaging is the inconsistencies in the trial >> it's very early on. maxwell has hired herself a team of really aggress ive attorneys. one of them was good at pointing out the inconsistencies between the testimony or the information that she gave authorities a year ago and how it differed from the testimony that she gave in court on wednesday >> you probably know this case much better than most. was there anything presented in the trial that surprised you >> i think over all, so far, i'm surprised that the evidence or the testimony isn't more
damming. they really haven't, as of yet any way, tied maxwell to this trafficking. what they have done is indicted epstein and he's dead. i think to some degree the elephant in the room is epstein and most of the victims are saying he's the one that abused them perhaps the oh victims will provide more evidence of maxwell's involvement. i think because the witness yesterday had so many inconsistencies, i think that played into the defense story a little bit
we got three more victims that will testify and we had an expert on today that testified about grooming and about victims who give inconsistent stories sometimes. i think that help mitigate the problems that they had on wednesday. >> julie brown from the miami herald thank you. there's a new wrinkle in the red hot housing market hundreds of thousands of americans are at risk of losing their home due to foreclosier. the reason, the vast majority of those in pandemic mortgage bail out programs are coming to an end at the end of their terms but there may be a silver lining unlike the sub prime mortgage crisis back in 2008, this time around some could be able to sell their homes and bring new supply to a very tight housing market some could avoid a huge amount of debt. >> the vast majority of
borrowers were under water that mean they owed more than their homes were worth that's not the case this time around soaring home prices up nearly 20% from a year ago have given troubled borrowers tremendous home equity. they are sitting on sizable cash close to three quart ers of the borrowers who went into foreclosure have more than 20% equity and just over a quarter have more than 50% >> do we know how many home we're talk about here? >> out of the nearly eight million borrowers who went into a bail out, more than 75% are making their payments or refinance in order to be able to afford them. there's about 264,000 homeowners who expired from their forebearance terms and are delinquent 38,000 more have received foreclosure notices. that's about 300,000 homes
the majority of which likely sitting on that sizable equity >> i guess these borrowers would be able to sell their homes and make a profit. are we already seeing that happen or no >> these homeowners may now be in a good position to sell especially given how hot and lean the housing market is right now. these are also likely lower priced homes which the market desperately needs but they are not all listing their homes as fast as you might think. we spoke with a housing counselor in new york whose been working with some of these borrowers. >> they may have equity but then it's matter of where are they going. where are they going go? where will they purchase things are so expensive. the market is high right now to purchase and to rent to. that's a big problem >> rents especially for single family homes are soaring along with home prices this all means more homes could come to market for either owner
where's mom? she said she would be home in time for the show. don't worry sweetie, she promised she'd be here for it. oh! nice shot! thanks! glad we have xfinity. with wifi speeds faster than a gig. me too. [claps] woah! look! [chuckles] mom is on tv! she's amazing! [screams and laughter] yeah! xfinity brought us together after all. get started with xfinity internet and ask about wifi speed fast than a gig. click, call or visit a store today. the robots are alive and they are making babies, sort of. the scientists who created the first living robots say they can
now reproduce in a way plants and animals do not the researchers who made the robots call them xenobots be they used frog stem cells to create them. the microscopic bots look a lot like little pac men. they round up loose cells to create clusters. then those clusters become living robots of their own protection researchers say their findings could lead to big advances from rounding up micro plastics in the ocean to finding cancer cells in people. michael levin is one of the authors of this study. thanks so much these living robots have no brain or digestive system. why are they considered robots and how could that be programmed tosoever problems? >> they contain only skin although we could add other components, other cell types,
muscle and various things and they are robots because their behavior is definable by an artificial intelligence algorithm developed at the university of vermont by our clb raters and the ai is helping us to define the stimuli that you have to give to the stem cells to make them assemble into synthetic machines with useful functions. >> just incredible the co-author of this study said the cells can be used as building blocks like a lego. what can be built? >> all kinds of things there's two basic areas of impact of this technology. one is as we get better at telling cells what they should be building, we can make useful synthetic machines they might be doing useful things in thecleaning out the environment. the other big application of this technology is that by learning how it is that we can convince a group of cells to build specific structures, we
could really advance all of regenerative medicine. all of the problems of birth defects, traumatic injury, cancer, aging, all of this hangs on the ability to tell cells what they can be building. >> not to be a nay sayer at all but any concern that technology like this could lead to problems rather than solutions? >> this kind of technology is a very safe well contained form of system in which we can really understand how to manage the things that already we have lots of examples that are growing out of control we know viruses, bacteria. all sorts of things in our environment. this is frog skin. frogs sheds their skin into lakes all day long and these things have a lifetime of about one week after that they biodegrade it's really safe technology. it gives us the opportunity to understand how to program cells to do all of the things we need them to do >> michael levin with a look to the future thank you so much.
it's official tonight, major league baseball has entered the first lockout in more than three decades. no work out to team facilities, nothing. collective bargaining agreement expired last night after owners and players union failed to reach a new deal the lock out is bad for baseball >> it's not a good thing for the sport. it's not something that we undertake lightly. we understand its bad for our business we took it out of a desire to driver the process forward to an agreement now. >> right now neither the league nor the players union seems likely to budge. espn reports the last meeting between the two sides lasted seven minutes. at the heart of the disagreement here is money. despite large contracts for stars, the regular players say they feel their earning power has been marginalized but team openers don't want to change the current economic structure clock is ticking for both sides
to reach an agreement before the start of the season. 118 days, 4 hours, 3 minutes, 16 seconds to go. after almost two months, one of the nation's highest profile strikes could come to an end the union representing 140 kelloggs workers in four states announced it reached a deal with the cereal maker it could give temporary workers a path way to permanent positions. anyone who hasworked for four years can move into a lie higher pay level. permanent workers get better retirement benefits but there's no guarantee the workers will vote in favor. in statement the union didn't praise the agreement as most unions do. emphasize members will have the final say. a vote on this deal set for sunday 60 seconds left on a race to finish senate majority leader chuck schumer said the senate could vote tonight to prevent a government shutdown. time is running out.
funding set to run out tomorrow at midnight. five cases ofomicron covid variant detected in new york four of those in new york city one in long island it comes after cases were also discovered inmen mn, colorado and california president biden laying out a new plan to fight the pan demonstrate basic during the winter it includes vaccines and booster out reach and insurer funded protesting now you know the news of this tuesday december 2nd, 2021 what's that? thursday did i say tuesday? thank god it's thursday. this has opinbeen a long week ad 'lha torw ghmuch news which
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only pay for what you need. kevin o'leary here. everyone knows i love making money. you're talking to mr. wonderful here. i know money, money, money and money. but there's nothing i hate more than fighting over it. i want my money back. my friend is delusional. announcer: this is money court, where entrepreneur and investor kevin o'leary rules on real financial disputes... we can sell it right now, for $1.1 million. no. ...with real money on the line. -$50,000. -$100,000. -$150,000. -a half a million dollars. -for two million. ¡ay chihuahua caramba! announcer: and because all litigants have signed a contract agreeing to abide by the verdict, this court's decision is binding. i'm your best friend right now. announcer: advising kevin are two legal strategists--