tv The News With Shepard Smith CNBC January 21, 2022 7:00pm-8:00pm EST
today because of netflix those were the best ones to buy. not the spacs. not the recent classified ipos and most certainly not crypto. i like to say there's always a mark somewhere i promise to find just for you right here on "mad money." i'm jim this is "the news" on cnbc america's urgent diplomatic showdown. >> this is not a negotiation but a candid exchange of concerns and ideas. >> secretary blinken state to state with his counterpart where things go from here. a confession in the murder of gabby petito. the final of the investigation
and authorities finally concluded she was killed by brian laundry. new research out from the cdc how vaccines but the blooosr hold up against omicron. marching to the supreme court as the justices consider the future of roe v. wade. >> in the coming months, we anticipate a monumental decision. kyle rittenhouse wants his gun back the florida governor's plan for an intellectual police unit. and medieval trick being used to get a better night's sleep live from cnbc, the facts, the truth, "the news with shepard smith. good evening brian laundrie claiming responsibility for gabby petito's death a notebook by where he died
revealed written statements by mr. laundrie claiming responsibility for miss petito's death. investigators say they met with the petito family in tampa yesterday as they prepared to close the investigation into her murder they laid out a detailed timeline of her case and focused quickly on the last person to see her alive, her boyfriend, brian. the petito family released a statement of their own after the meeting. the quality and quantity of the facts and information collected by the fbi leave no doubt brian laundrie murdered gabby. valerie castro with new details in the case. >> reporter: gabby petito and brian laundrie, there's was a relationship that would tragically end near grand teton park in wyoming last september where gabby's remains were discovered investigators saying she died of blunt force injuries and was strangled. the nation was gripped by the video when her boyfriend
returned to his home in florida with her camp van. the pair had been on a cross-country trip to a national park documenting their van life experience an encounter with police in utah indicated a intense relationship and fight between the two but they continued on their journey. the following months gabby's mom reports her missing after a final tessage, no service in yosemite may have been a ruse. the fbi said text messages sent after death are indicative of mr. laundrie deceiving law enforcement by suggesting she was alive. and brian laundry reported the disappearance on december 17th, saying he doesn't return from the hike until days earlier. up until that point they assured the public they knew where brian was. on september 19th with help from social media, investigators found gabby's remains in an area
where the white van had been caught on dashcam by fellow campers. back in florida, a manhunt under way for brian. acres of marshland and nature preserve by his parents' home were scouted for weeks reports of brian poured in from around the country on october 20th the fbi was notified by the laundrie family attorney that his parents wished to search the area themselves. within hours they located an item in the park determined to be to mr. laundrie the skeletal remains were found nearby, along with a notebook and revolver kelly, what is still unclear is whether or not brian ever discussed what happened with gabby or her whereabouts with his parents once they returned home from florida. they never spoke publicly in this case, only through their attorneys. he issued a statement saying, with today's closure of the case each family can begin to heal and move forward and find peace in and with the memories of their children kelly? >> such a sad story.
valerie, thanks, america's top diplomat and his russian counterpart agreeing to keep diplomacy alive during a high-stakes meeting in geneva, as tensions mount over ukraine secretary of state antony blinken vowing to respond to russia's demands in writing next week but he's already ruled out some of them, including the kremlin's demand to reduce u.s. troops at eastern europe and barring ukraine from ever growing the nato alliance. new satellite images from this week show russian tanks, battle groups and artillery support equipment deployed at key locations nears the ukrainian border secretary blinken doubled down on his warning, saying it's up to russia to decide which path it wants to go down, diplomacy or confrontation and severe consequences. >> we've been clear, if any russian military forces move across ukraine's border, that's a renewed invasion, it will be met with swift, severe and united response from the united states and our partners and
allies. >> meantime the united states is helping to bolster ukraine's defenses "the new york times" reports the u.s. has authorized the delivery of anti-aircraft missiles to ukraine forces, and the pentagon confirmed it's sending an aircraft carrier strike group to the mediterranean to a naval exercise amid tensions with russia the naval department said it's been planned since 2020. let's bring in michael fall, former ambassador to russia and now professor of political science at stanford. what is your read on vladimir putin? do you think he's decided yet whether or not to invade ukraine? >> no, i don't but i don't know i want to make that clear and nobody knows president biden doesn't know, the cia director bill burns doesn't know nobody knows s serg day lavrov doesn't know it's a mystery vladimir putin holds his cars very tight he has a massive capability to
invade any day he wants and he's been increasing that, particularly in belarus, as russian soldiers move into belarus, that adds another dimension and another front to this war should it happen but i don't think we have conformation yet he's made that decision. >> secretary blinken is threatening a severe response to any russian aggression into ukraine but are financial sanctions enough to deter putin? >> probably not. i applaud the administration, biden administration for laying out and i think conveying, as he did today, my guess is secretary blinken did today, as foreign minister bablavrov, the full economic sanctions there will be, it's pretty comprehensive and will cost the russia economy a lot. but remember it won't cost vladimir putin personally a lot and that's the problem sanctions take time to have
effect, even in democracies. it punishes people, punishes companies and the company's leaders say, hey, mr. president, mr. prime minister, we got to change course. russia's an autocracy, russia is a dictatorship so that doesn't happen as quickly and efficiently inside that country. therefore at the end of the day i don't think it's sufficient to stop him, and that's why i applaud, they have to keep continuing to try to find a negotiated solution. >> if you're saying financial sanctions won't stop him, then that only leaves the military response if there is an invasion >> correct but that military response will be from ukraine, not from the united states. i don't see any conditions under which the united states would or should get involved in a conventional war with russia over ukraine but i do think we should be providing more equipment it was interesting what you just reported, by the way, suggesting we're increasing our support that support is already
substantial, $650 million last year, by the way, u.s. military assistance to ukraine. i think it should be more though at the end of the day, it's going to be ukrainians trying to defend themselves against an attack we should do all that we can to help them defend themselves. >> mr. ambassador, thank you for your time tonight. a weather alert, a rare blast -- or what used to be a rare blast of snow and ice taking aim at the southeast. 12 million americans facing winter weather alerts this afternoon from georgia to virginia courthouses and schools closing in the carolinas in virginia as people braced for dangerous winter weather emergency officials are warning people to stay off the roads they say the ice may get so bad in some areas, this could knock out power. on the coast of the carolinas, utility crews standing by in case the storm hits the region's power lines. adam del rosso is tracking the storm, senior accuweather
meteorologist. what do you see, adam? >> i see a slick end of the week for many across the carolinas. the north carolina coast into the mid-state of south carolina, westward towards atlanta, the farther south you go, heavy pockets of rainfall. the problem making area, if you will, will be across north carolina, south carolina and into southeast virginia. we're expecting to let heavy ice and heavy snow ice storm warnings from myrtle beach up to new burn, north carolina get into heavier snowfall amounts and in lighter shades of blue, winter weather advisory but slick conditions as we head saturday night into saturday morning. showing the moisture continuing along the carolina coast thanks to the wave of low pressure making its way northward along the back side. a lot of cold air being drawn southward into the southeast thankfully, this is a fast-moving system by the time we're waking up tomorrow morning, it's gone. but we're still going to have
slick spots on the roads and perhaps power outages too, thanks to some of the significant icing. it doesn't sound like a lot but a quarter inch possible up to myrtle beach, wilmington, north carolina, upwards of a half an inch of ice and that's what's going to lead to many of those issues go a little farther north and west inland, where we will not see as much ice, snow will be a problem. one to three near raleigh, elizabeth city, four to eight inches of snow for us and even into central south carolina, we're talking upwards of a coating to an inch, which doesn't happen often don't necessarily know how to handle it as much so it will cause issues on the back side across the northeast, it will be frigid with temperatures in the single digits and that will head into next week bundle up. >> i'm going to sleep in the studio tonight, adam, thanks. p markets are plummeting this week which stocks were hit the hardest and where the broader
market could head from here. voting rights advocates in florida ringing the alarm after governor desantis proposes a new special police unit to oversee elections. mass freight train robberies in california. what the thieves are stealing, the mess left behind and growing call for action. ♪ limu emu ♪ and doug. we gotta tell people that liberty mutual customizes car insurance so you only pay for what you need, and we gotta do it fast. [limu emu squawks] woo! thirty-four miles per hour! new personal record, limu! [limu emu squawks] he'll be back. only pay for what you need. ♪ liberty, liberty, liberty, liberty. ♪ with his citi custom cash℠ card, only pay for what you need. dan earns cash back that automatically adjusts to where his spending is trending. just ask stepping outside his comfort zone dan... okay, i don't- i don't know where the hole for this is.
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2020 with the specter of a slowing economy and federal reserve looking to tap the brakes on that economy, you get a lot of uncertainty about what the economy looks like and what the markets could fare going into this coming year the issue is going to be whether or not if the fed does raise interest rates, whether or not that does dampen some of the demand for some of the great big growth stocks, technology and media names that have done so well arguably since the depths of the great financial crisis, going all the way back to 2009, 2010 it's been the so-called consensus trade. you will hear that a lot from investors and wall street now, the notion everybody believes certain types of stocks like the apples, microsofts, alphabets and amazons and facebooks/meta platforms of the world are the ones that will continue to always do well those are the names that have gotten hardest in the sell-off and that's why a lot of investors are worried because those names drive the overall direction of the markets. >> let's talk about some of the names hit really hard this week.
netflix spooking investors today. the stock plunged more than 20%, after reporting a slow down of subscriber results in the fourth qua quarter earnings and warning there will be far fewer subscribers. and the peloton's stock plunged 20% after cnbc reported the company is temporarily halting production of its fitness products the ceo downplaying the report saying they're right-sizing production it's been a rough week for these two at home stocks but is it good news, actually, for the broader recovery >> that's an interesting point kelly, the two stocks you mentioned, in netflix and pet owe ton -- had two amongst others, but two main massive tailwinds, real, real downdrafts for the company over the last couple of years, and that's because they were pandemic beneficiaries as people stayed home more and used their
services so their user growth surged more subscribers came in people were streaming more netflix and staying at home using their peloton bikes. now you had another tailwind in they were growth companies, one that investors put a lot of money and valuation into all of a sudden those two things start to go away but to your point, it may signal things are getting a little better but when you have netflix, which got so many subscribers during the course of the pandemic because people stayed home and peloton because people worked at home more, not going to the gyms, what happens when things start to normalize you cannot sustain the growth you saw over the last couple of years and that's why investors are getting skittish about these companies. but if you want to look at it from the positive standpoint, kelly, it's a great point you bring up if these stay-at-home naemz falter and people start to go back to more traditional names that tend to do well as the overall economy does better, like oil and gas companies, like industrial machinery companies, then maybe it does signal we're
emerging really from the pandemic and that we're just kind of rebalancing the whole market instead of some of these streaming-type names and home fitness names, we're getting back to some of the other stocks that maybe behind the whole rally, if you want to call it that, since the 2010 financial crisis. >> wouldn't that be nice dom, thanks, good to see you, done chew. the republican governor of florida, ron desantis, is proposing a special police force to oversee their elections voting rights advocates and democrats are raising the alarms they said the election police force to lead to voter intimidation under the governor's proposal, they would have 52 members including 24 sworn officers whose job it would be to investigate, doe tekt, apprehend and arrest anyone for an alleged violation of election laws the a republican candidate for go in georgia is proposing the same thing for his state former senator david perdue said he wants to create an election department division to investigate election fraud and make arrests.
this week we watched two voting rights bills crash and burn but now a bipartisan group of senators is aiming to create a more modest, slimmed-down election overhaul package that could garner enough republican support to pass. nbc's sahil kippur now who in this group are we talking about and what kind of remaining election reforms are they looking at >> the group includes moderate senate republicans such as susan collins of maine and mitt romney of utah. it also includes mod rilt democrats like manchin and jeanne shaheen they're talking about things like clarifying the 1998 electoral count act to make clear what the vice president's role is and congress's role is in counting electoral votes and looking at new laws to protect local officials from threats and intimidation and harassment that we've seen the kind of in recent months there's guarded optimism they can pull this off because there's a real bipartisan consensus amount that narrow and
limited issue of preventing future candidates of trying to steal the election republicans and democrats are quite troubled by former president trump's such attempt after the 2020 election. you see the names on the screen there, these are the type of individuals who have supported bipartisan deals in the past and one template for success here is the bipartisan infrastructure bill, which has overlapping members, which now like them, senate republican leader mitch mcconnell was sort of the on the periphery had encouraged the talks and only stepped in later, ultimately delivered 19 republican votes and that bill passed overwhelmingly. aides are hoping this will follow a similar path but there are pitfalls, former president biden is going to weigh in he's known to be quite sensitive about issues to the elections in general and suggestions that a voting rights that they feel will get results on election reform but many democrats are not quite so quick to embrace it, still stung and burned from the failure of the two major
voting votes earlier this week. >> sahil, thank you. appreciate it. we now know why the fbi raided the home of texas congressman henry quailer. a senior official tolds nbc news it was part of a federal investigation into a tie of groups of businessmen and former soviet republic of azerbaijan. congressman taylor, a democrat, recently shared as a co-chair of the azerbaijan caucus. an official said the grand jury is investigating the matter but it's unclear from congressman quailer is being investigated for any wrongdoing himself the congressman has vowed to fully cooperate with investigators. thousands of anti-abortion activists rallied in washington, d.c. for the march for life rally. many are hopeful the supreme court will overturn roe v. wade. >> your witness to hundreds of thousands going before the supreme court every year shows more than anything that i can think of, 49 years later, that
roe is not settled law >> today was the 49th annual march for life rally the landmark roe v. wade case legalized abortion across the u.s. back in 1973. this year the severe conservative majority court will determine if mississippi law banning abortion after 15 weeks is constitutional or not. the groebl semiconductor shortage crippling industries from auto to tech. now a big push from the biden administration to move production back home, but historic investment and hopes is it will create new american jobs. and remembering two legendary performers meat loaf and louie anderson both died today. thr veant eilis d legacies next. not just unpredictable relapses. all these other things too. it can all add up. kesimpta is a once-monthly at-home injection...
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a statement on his official facebook page saying he was surrounded by family and friends. the cause of death was not given. he was 74. meat loaf rose to fame in the 1970s with his album "bat out of hell" which became one of the best-selling albums of all time. he left his mark on more than just the music business. sheinelle jones has a look back on his life and legacy ♪ i would do anything for love ♪ ♪ but i won't do that ♪ >> reporter: love for the legendary rocker meat loaf who died thursday at the age of 74 the singer behind the cyclonic album "bat out of hell," one of the best-selling albums of all time and decades of movie roles. his death was announced on his official facebook page "our hearts are broken," the statement read in part the musician's wife debra, daughters pearl and amanda, and close friends were by his side in his final 24 hours.
a cause of death was not given born marvin lee aude in dallas, he had a career spanning six decades selling more than 100 million albums worldwide his 1977 debut album "bat out of hell," including the hit "paradise by the dashboard lights." ♪ i can see paradise by the dashboard lights ♪ >> reporter: -- sparking a devoted fan base he appeared in the stage and screen version cult classic "rocky horror picture show." ♪ in the 1990s he had a career resurgence with his hit "anything for you love." and in movies, including "wayne's world," "spice world" and "fight club. >> my name is bob. >> bob >> reporter: his family asking for patience and privacy, writing, we truly appreciate all of the love and support as we
move through this time of grief in losing such an inspiring artist and beautiful man from his heart to your souls, don't ever stop rocking. meat loaf not the only entertainer to pass away comedian and actor louie anderson died after a battle with cancer. anderson rose to fame in the 1980s after a stand-up appearance on "the tonight show" with johnny carson he went minnesota native went on to star in his own comedy special, host a game show and appear in many films he won an emmy for his fx show "basket" where he played the mom of twin brothers the louie anderson was 68 years old. more than 700 pages of documents from the trump white house just delivered to the january 6th committee. what papers the committee requested and what documents president trump hoped they wouldn't get their hands on. the big business of las
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president biden hailed the new manufacturing investment as a game-changer he said it could create up to 10,000 jobs and reduce america's reliance on asia's manufacturing hub. >> we are going to invest in america. we're investing in american workers. we're going to stamp everything we can "made in america. especially these computer chips. >> the president also urged congress to pass the chip for america act. it's a bill that would provide $52 billion to incentivize future semiconductor investments. the second-largest u.s. worker strike in the last two years now over that's what's topping cnbc "on the money. after ten days on the picke picket lines, more than 80,000 employees of the kroger-owned grocery stores return to work in colorado the largest grocery pain will see better pays, health benefits are part of the new contract.
neighborhood banks disappearing fast. u.s. banks post a record 2,900 retail branches last year. the record number of closures comes as customers turn to digital banking. wells fargo led the way last year, closing 267 branches. and your dirty clothes now more expensive to clean. procter & gamble set to raise prices on products like tide, gain, bounty, all raising by about 8% due to manufacturing costs, labor and manufacturing. on wall street, the dow down 450, s&p down 85, nasdaq down 385. more than 2 1/2% all three markets with their worst week since 2020. i'm kelly evans in for shepard smith. it's half past the hour. here's what making "the news" on
cnbc the 1/6 committee getting its hands on hundreds of trump white house documents, including a never-issued draft executive order that would have allowed the pentagon to intervene with the election rail robberies on the rise in california organized criminals looting cargo en masse tonight the governor's new plan to crackdown. but first marking two years since the united states detected its first covid case since that first case on january 20th, we reported nearly 70 million infections nationwide. but right now the omicron variant appears to be in retreat. the cdc's director said cases in some places starting to see steep declines >> areas of the northeast, new york, rhode island, connecticut are really starting to come down that also means that some areas are higher than they have been before but overall nationally, the case numbers are coming down, which i consider an
optimistic trend. >> it's an encouraging sign for businesses we just got a new snapshot of just how disruptive omicron has been for companies and workers the u.s. census bureau reports from late last month until early this month, more than 14 million americans stopped working at some point i was one of them. the reason they either had covid, or they were taking care of somebody who got infected meantime the cdc just announced new data on the effectiveness of covid boosters cnbc's meg tirrell now what are we learning >> kelly, the cdc presented data showing boosters increase protection against both infection and hospitalization from omicron the studies focused on the pfizer and moderna vaccines and showed for hospitalizations, two doses were 81% effective in keeping people out of the hospital from omicron, compared with 90% for delta that dropped to 57% against omicron six months after the second dose. but would increase to 90% with the booster. in terms of cases, a separate
study showed while there were more breakthrough cases among both the vaccinated and boost from omicron, the case was still dramatically lowered for the unvaccinated cdc director dr. rochelle walensky saying this further underscores the importance of getting boosted. right now the agency data shows more than half of those eligible for a booster in the u.s. haven't received one still, she said the cdc is not updating its definition of fully vaccinated to include a boost. instead of agency is emphasizing the importance of being up to date on covid vaccines. >> if you recently got your second dose, you're not eligible for a booster. you're up to date. if you're eligible for a booster and haven't gotten, you're not up to date and need to get the booster to be up to date. >> at the same briefing dr. anthony fauci weighed in on what it could like after the wave
infection should provide protection for a few months and that plus vaccinations should help cases come down to a much more manageable level. best-case scenario, he says, it stays there. worst case, a new variant comes along that even further escapes our immune protection. though the white house team emphasized with antiviral drugs and potential to update vaccines, we should still be able to manage through something like that. kelly? >> i would hope, meg thank you very much, meg tirrell. the january 6th committee going over documents from the trump white house. nbc news confirms the national archives has given the panel more than 700 pages. this comes less than two days after the supreme court rejected former president trump's request to block the records from being released no word yet on what the documents contain but we know some of the files the panels requested. they wanted presidential activity calendars and later handwritten note from january 6th, the draft text of the speech the president delivered at the rally that day, talking points from the press secretary
related to allegations of voter fraud and much more. and new tonight, politico reports it's obtained a draft executive order the president wanted to shield from the committee. politico reports the order would have directed the defense secretary to seize voting machines the order dated jandecember 6, 2020, was never issued president trump calling it a further witch hunt and take a look now at the drone video from downtown los angeles. thieves have been raiding cargo containers for months, leaving the tracks littered with piles of packages that were supposed to be delivered around the country. railroad officials say both of them were released after 24 hours and now governor newsom said he wants to change that on the statewide crackdown. here's cnbc's perry russom.
>> the images look like a third world country. >> reporter: great train robberies are a relic of the wild west and now they're back. >> i see what everybody is seeing, asking myself what the hell is going on >> reporter: last week in los angeles, two men were seen walking along the tracks one grabs a hard hat and jumps on a slow-moving train with what looks like bolt cutters in his right hand yesterday, cleanup. >> this place was filthy and it's an embarrassment. >> reporter: california governor gavin newsom says at least 280 people have been arrested so far. >> they're organized groups of folks that move from site to site, when there's more attention, bright light on one site, they move to the next site. >> reporter: even with the arrests, there are growing complaints about l.a. county's zero bail policy, where bails are set at $0 for misdemeanors and lower-level felonies
the ak tracks are used by union pacific or u.p lan fritz is the ceo. >> we're working with the district attorney in l.a. to help them see there's a need to prosecute this crime for what it is. >> reporter: earlier this month, l.a. county d.a. george gas cone said money bail is as unjust as it is unsafe u.p. sent a letter to gasquio that reads in part -- criminals boast to our officers that charges will be pled down to simple trespassing, which bears no serious consequences. a special adviser to gasquio says they hope to discuss this issue more in coming weeks. >> we're going to have a special task force assigned with u.p. and our partners in the l.a. county sheriff's department. >> reporter: lance fritz said they will add fence with raising wire and concrete barrier. he said it won't look good but be effective. >> we'll see
perry russom, thank you. kyle rittenhouse is asking the judge to give back the rifle he used in the wisconsin shooting his lawyer filed paper work where the shooting happened nearly a year and a half ago a spokesperson for his family said, quote, it doesn't belong in a museum. it belongs where kyle wants it and kyle wants it destroyed. rittenhouse said he went to kenosha to protect property from rioters. he killed two people and wounded another. prosecutors charged him with murder and painted him as a wanna be soldier looking are for trouble. but he said it was self-defense and he was being attacked. in november a jury agreed and found him not guilty on all charges. rittenhouse's attorneys also asked for law enforcement to return his clothes from the day of the shooting. a hearing on the request is set for a week from today. and video may have killed the radio star but revenge is a dish best served cold. old music is back and bigger than ever. we're talking bob dylan, james brown, the police.
according to our next guest, their growth could even kill off new music. so is that a good thing? plus, wild card weekend may have been a little boring. i don't know, the ipds were good und have no fear, the divisional rois here. 18 enter, only 4 survive what to know about the matchups next real good call! brees, pass the oats! apples and cinnamon! still got it, baby! hey, wait for the bus! [whistle] unacceptable, bus! what i do? illegal use of window! he gets fomo, fear of missing oats. penalty reversed! the result of the play is... breakfast. quaker oats, a super trusted super food. always a good call. hey lily, i need a new wireless plan for my business, but all my employees need something different. oh, we can help with that. okay, imagine this. your mover, rob, he's on the scene and needs a plan with a mobile hotspot.
the divisional round of nfl playoffs set for this weekend. the biggest stars looking to chart their path to the super bowl with a preview of the games, here's nbc's sam brock. >> the games only get bigger from here. playoff football, let's go >> reporter: the most accomplished athlete in nfl history, and the own of of seven rings, the bucs tom brady said there's no free ride to the playoffs. >> we have to play great this week. >> reporter: brady and the bucs will take on matthew stafford in the l.a. rams in a billboard-worthy matchup sunday. >> the biggest thing about going against a guy like tom is just knowing his consistency and his
ability to get his team in the end zone. >> reporter: all eight teams are trying to score a trip to the super bowl, as we're reminded of the passion that the sport inspires from fanned mode yum at at&t stadium last week in dallas, to the epic primal scream in buffalo. a shirtless ryan fitzpatrick, former bill rooting on the team in sub-zero conditions the bills and josh allen squaring off against kansas city and patrick mahomes in arguably the most-hyped game of the weekend. >> i think i just really like winning. that's pretty much the end of it. >> it's going to be a dogfight, as playoff games always are. >> reporter: the season's compelling story lines carrying into the playoffs. rams running back cam baker tore his achilles six months ago and yet defied the odds and made it on to the gridiron in time for the playoffs ♪ welcome back ♪ >> reporter: and packers quarterback aaron rodgers, a lightning rod for controversy
after misleading the public about his vaccination status, is once again a favorite to win. >> think mortality is something we all think about and how many opportunities there will be moving forward and each one is special. >> reporter: maybe the biggest surprise of the season so far, the upstart bengals, once affectionately known as the bungles, who are fresh off their first playoff win in more than 30 years for "the news," i'm sam brock. >> we will be tuning in. tonight adele's show will not go on. the superstar singer was supposed to kick off one of the most lucrative residencies in las vegas history, enearning her an estimated $2 million per show, according to billboard instead she's postponing her 24-concert tour, citing many of the same problems facing all american companies right now, supply chain delays and covid-infected staff and that's a problem, not only for caesars, where her run is scheduled, but also other
casinos up and down the strip, where residences are big business how did las vegas go from a town famous for elvis impersonator to a mecca for mega stars here's cnbc's contessa brewer. >> reporter: the world's biggest stars are flocking to the strip and they're getting paid an absolute fortune to do it. celine dion, britney spears, elton john, j.lo, just some of sin city's highest grossing residencies of all time. more than a billion dollars in gross sales combined. >> at one point a residency in las vegas was really considered one of the final stops in a performer's career but now really it's a place where people totally re-i invent themselves. >> reporter: david schwartz is an historian and professor at the university of las vegas. >> over the past years you see more and more competitions for the casinos and for headlinesers i think adele was the biggest who comes in after her i don't know but it will be a big deal when it happens. >> reporter: las vegas was founded in 1905, first casinos
opened in 1931 a decade later, the launch of the vegas strip. about that time, the concept of residency or multiple concerts at one location started to lure visitors to the desert, starting with lib aceh in 1904. >> originally it was smaller acts, maybe not so popular acts but eventually they got more popular. >> reporter: over the next decade came the legends, frank sinatra, the rat pack, nat king cole and even the king of rock and roll, elvis. >> reporter: 1980s they went through a little bit of a crisis point. a lot of entertainers were getting older, people like robert grew lay were great but not alongside madonna or pet shop boys. >> reporter: two decades later there seemed to be a paradpiem shift. >> it wasn't until the early 200s and pal see up at caesars
palace that really mega stars started to come to residencies. >> reporter: according to the box score, it's only celine dion who has the highest residency in the history of the sin city music, earning $375 million for sin city shows. >> vegas had given us, my family and i, an opportunity for me to be a mum, for them to be kids, for me to perform for my fans and practice my passion. >> reporter: instead of being in the grind of a different city every night or every couple nights, you have one place to be and a whole theater that delegated you for your residency. >> reporter: recently lady gaga reportedly earned $1 million per show how does spending that much money on a performer make sense financially for the casinos? >> when you have entertainment like we have here at resorts and you spend the money that we spend who have them here, it attracts a lot of customers. >> reporter: scott sevilla is the president of brand new resorts world las vegas, where
katy perry, carrie underwood and luke bryan have residencies this year. >> it helped put us on the map in las vegas and when the customers do come, they're spending all over the property from the rooms to food and beverage to retail it's across the board. >> adele said in her tweeted video, all of her performances will be rescheduled. sources tell me they expect that to happen soon caesars palace said in a statement, creating a show of this magnitude and complicated but when it opens, kelly, caesars says it will be extraordinary. >> somehow i don't doubt it. contessa, thank you. does it feel, by the way, like people are listening to more older songs than new ones lately turns out there might be something to that. 2021 was the first year streaming of new songs actually declined from the year before. that's according to mrc data new song is defined anything released in the last year and a half mrc data reports old songs make up 70% of the music market in
the united states that has our next guest asking is old music killing new music? ted joya joins me now, musician and author, his latest book "music: a subversive history." ted, welcome you wrote this because the perfect storm hit the music ecosystem. what's driving this? >> a lot of things happen but it's ugly if you care about new music. you mentioned more than two-thirds of the songs are old songs but looking at it another way, if youtake the 200 most popular songs right now, they only account for 5% of streaming. that's fallen in half in just three years. it's tiny. there are a lot of things happening but it's looking ugly for new music. >> and you don't think this is just a short-term trend? i have been wondering myself for years if the tragmentation of culture is contributing to this. we see people, we don't have nearly the same audience for tv shows, for instance, as we once did. is it fragmentation,
proliferation of streaming services, where now you can listen to anything that's ever been created at any time >> there are many causes but if i have to pick one, i would say the music industry has brought this on themselves if you look at the record industry and music industry, you'll find the single biggest area of investment is buying the rights to old songs. last year companies spent $5 billion buying the rights to old music. what did they spend on investing in new artists only a fragment of that. so they're bringing on a crisis situation themselves they're not nurturing and developing new talent. if you don't do that, you're just going to get more old songs in the future. it's going to be like christmas all year around. if you remember in december, we would hear holiday songs that are hold songs year after year it's going to be like that all year long. you're going to hear the same old songs in january, february, march just like you did in december it will be ugly unless something happens to change it.
>> what do you recommend new, young breakout artists do? >> right now they're struggling. they're looking for other ways of getting visibility. a record contract doesn't cut it so they want to see their song on a playlist or they want to get on the closing credits of a tv show or some workout playlist the problem is that doesn't bring name recognition i know people that will hear a song on a tv show, they won't know the name of the artist. they may like a song they workout to at the gym but they won't know the name of the song. so they need to find some other way of getting around the system because the system now isn't helping them, it's blocking them. >> and i know there are people who hope maybe web3 will be on way to change the whole model but that's a long ways off in the meantime, ted, you've certainly drawn our attention to a surprising twist of fate here and we appreciate you joining us tonight. >> thank you. >> ted joya. breaking up your sleep into two shifts, moms are used to it.
ancestors did it that way. should all of us we're going to ask a top sleep doctor about that next. and shivering and in danger, the race to save this lost dog scom a rising tide and creative reue effort that got the pup home safe. and forgot where she was. you can always spot a first time gain flings user. ♪ with her citi custom ℠ card, rashida earns cash back that automatically adjusts to where her spending is trending. just ask overly confident diy rashida... wait, was this the right wall? ...or last-minute gift shopping rashida... i'm putting a bow on it! wow... ...even sneaking away for a vacay rashida. shhh! i've earned this, okay? earn 5% cash back in your top eligible spend category, up to $500 spent each billing cycle. with the citi custom℠ card.
with no line activation fees or term contracts... saving you up to $500 a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business: powering possibilities. new hope tonight for parents with kids that have peanut allergies. a study published in the journal "lancet" found young children may be able to overcome peanut ailries if treated at an early age. the researchers gave a small amount of protein powder to a group of toddlers, increasing the amount over time after 2 1/2 years, most of the kids can eat the equivalent of 16 peanuts with no allergic reaction keep in mind a treatment for peanut allergies exist but it's approved for only children 4 and older. nationwide 2% of all children
have peanut allergies that can cause dangerous reactions. many rescue teams in england saving a dog with a drone and some sausage last week millie, the 3-year-old jack russell terrier, ran off into a marsh in the south of england. you can see her shivering there. oh her owner said she was terrified when millie stepped away a volunteer organization that helps locate missing pets and people searched for two days with no luck on the third day the group said the marsh mully was stuck in was about to flood so they came up with an idea and you see it here they sent a drone to find her with sausage attached as bait and they dangled it. it worked, sort of millie ate about half the sausage and was lured to higher ground, where rescuers knew she would be safe but then she ran off into the woods nearby. rescuers finally found millie two days later the team said she bounded over to them. perhaps she remembered the sausage or maybe she was just
happy to be back with her owner. and it's almost the weekend, that means some of us finally need to catch up on much-needed sleep. seven hours of interrupted news, in case you have kids. according to historians, our ancestors had bifurcated sleeping, meaning two sleeps he said back in the day people would typically go to sleep at 9:00 p.m. and wake up at midnight then they would stay up for an hour or two before going back to sleep and waking up at sunrise during that time between the two sleeps, the historians said our ancestors would do a number of things, from getting work done to hanging out with friends and loved ones kind of raises the question of whether we should go back to the old schedule the sleep doctor joins us now, michael bruce. he's a clinical psychologist and fellow of the american academy of sleep medicine. doctor, thanks welcome back. >> thanks for having me. >> i know people who cake up and can't fall back to sleep and
plenty wake up to nurse kids should we all give this a try? >> so i don't think it would be a great idea to give this a try for a couple of different reasons. first of all, it's very interesting research the article that recently came out about it is quite fascinating. and people even had times when they would be intimate in the middle of the night. so all kinds of different activities could essentially occur but i think once the industrial revolution came around, and thomas edison invented that thing called the light bulb, our sleep schedule got much more crunched together. and our bodies have adapted to that actually quite well in most cases but also, to be clear, there are still countries where there is a biphase of sleep, of sorts. in latin america people take lieuestia in the middle of the day. that's a methodology of biphasic sleep. and my favorite napping, i call mine a nap jit sue we will talk about that some
time but there's a lot of reasons why we could possibly not want to revert back to that entire idea of the two sleeps. >> why not this might actually give a lot of comfort to people who have trouble staying asleep for eight hours at a time. look at the whole industry built around sleep aids. are we selling people a promise they shouldn't necessarily be chasing? >> interesting question, right, is could this bring relief as an idea, right, to people with insomnia first of all, insom mia is my specialty so i think i have sort of a good handle on the thought process there. number one, we definitely describe this to people who have difficulty making it through the night, however, there's a clear biological reason sometimes this occurs however, when our core body temperature is rising, when it hits a peak, that's when we fall asleep it then falls for a significant period of time but then it comes back up. that coming back up happens around 2:00 to 3:00 a.m. and
that's when we see people waiting up a lot once we tackle the biology of it, it becomes easier to handle. >> that makes sense. really the solution is in our nest thermostats, not in medieval sleep habits. dr. brues, thank you for your time appreciate it. 35 seconds in a race to the finish tonight the fbi is closing the gabby petito homicide investigation. investigators say her boyfriend brian laundrie confessed to killing petito in his notebook in a flooded swamp. a high-stakes meeting between secretary of state blinken and a top russian diplomat today as russia amasses troops near the ukraine border. now you know the news of th fdaisriy, january 21, 2022. i'm kelly adams in for shepard smith. good night and maybe sleep twice. it becomes a step. mom, dad's flexing again. that's not all. you can extend the bed for longer stuff.
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try align, the pros in digestive health. and join the align healthy gut team up and learn what millions of align users already know. how great a healthy gut can feel. sign up at alignprobiotics.com also try align dualbiotics gummies to help support digestive health. arrator: they would call it... the heist of the century. - [women screaming] - it's one of the greatest robberies in history. - you couldn't write a better story. - narrator: a brazen attack on a huge world bank with business from boston to buenos aires. - a bank that you see almost every corner in the united states. - narrator: an armed bank robbery so terrifying, it would summon swat teams and news cameras. - they knew the whole world was watching. - what if that guard comes out and starts shooting? - narrator: but it was never what it seemed. - kelly: get them looking to the left while we're doing something on the right. - the mother of all diversions. - narrator: and while the world watches,
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