kristen: dropout elizabeth holmes on trial debuted with two new episodes today. listen now wherever you get your podcasts and wherever you get them. we are taking a when a truck hit my car, the insurance company wasn't fair. i didid't t kn whahatmy c caswa, so i called the barnes firm. i'm rich barnes. it's hard for people to k how much their accident case is worth.h barnes. t ouour juryry aorneneys hehelpou kristen: thank you so much for joining us on this interactive show, getting answers. we took you live to downtown state tahoe -- lake tahoe where we got the latest on the caldor fire. we got the latest on conditions from drew tuma. much more coverage coming your way at 4:00. . we will be here every weekday at 3:00 on air >>> tonight, several major stories as we come on the air. president biden before the american people, saying the war in afghanistan is now over. saying, "i was not going to extend this forever war." and hurricane ida and the dangerous storms now after. still on the move. tonight, the deadly highway collapse and severe weather now headed right

. >>> plus the bombshell revelation in the criminal fraud trial of elizabeth holmes. the disgraced theranos founder is now reportedly set to claim she was the victim of an abusive relationship with her former boyfriend and sissartn. >>> as ida slams new orleans, why so much of the big easy's battered ninth ward still remains in tatters 16 years after hurricane katrina. it's monday august 30th. >> announcer: from abc news this is "world news now." >>> second to last day of august. are you ready? >> almost there. almost there. >> i don't know where there is. but we're almost there. >> time goes by fast. >> it's september before we know it. but that also means we are in the heart of the hurricane season and that is where we begin with a catastrophic hurricane unleashing destructive wi flooding along the gulf coast. >> one man was killed by a falling tree as ida pummeled louisiana overnight hours after making landfall as a category 4 storm, and it could dump as much as two feet of rain as it inches northward. this is the moment, check this out, when power went out in new

. >>> and elizabeth holmes on trial in san jose. the impact this trial is already having on silicon valley, and what's at stake as testimony unfolds. and we'll tell you about a crucial deadline hours away in the recall election of governor newsom. >>> good evening. this is nbc bay area news tonight. i'm raj mathai. we begin this week with a favorite vacation spot for the bay area. a lot of prayers at this hour that south lake tahoe avoids major damage. the entire south lake tahoe basin is under evacuation orders. let's take you out to a live chopper video now of the caldor fire. one final ridge stands behind this fire and the entire south lake tahoe region. you can see sun setting near the sierra. the fire continues to burn along highway 50. homes, businesses and other structures are gone. this is a shot near the homes at sierra at tahoe resort. some are gone while others have been saved. and that kind of hopscotching the of the fire line, we've seen this kind of behavior in the prior years. about 20,000 people were told to leave to

later on, we're live outside the courthouse as jury selection begins in the elizabeth holmes trial. >> we're going to start with the work from home darling that hit a speed bump zoom down more than 15%. the stock having its second worst day ever, following results that beat estimates but saw overall growth slow. revenue up 54% year over year. great number, but a tough comp against last quarter's 191%. you heard that right it is concerning for investors this morning guidance for next quarter, lower growth the stock already cut in half in terms of where it was trading in october of last year and, yes, a work from home darling, but now it finds itself competing with titans like microsoft and salesforce, a number of well funded startups on the other julia, i think this is a story that we're seeing play out again and again. zoom, of course, competing with teams and others, they talked about zoom phones, ring central also public is in there as well. we could talk about peloton cutting bike prices as demand wains post pandemic and robinhood, coin base up against paypal and square. it is not

elizabeth holmes duped some very important maple-— elizabeth holmes duped some very important people-— important people. yes. this is a hiuhl important people. yes. this is a highly anticipated _ important people. yes. this is a highly anticipated trial - important people. yes. this is a highly anticipated trial of - important people. yes. this is a highly anticipated trial of this i highly anticipated trial of this particular young woman, elizabeth holmes was the founder of a blood testing company, a startup called the runners. and thejury testing company, a startup called the runners. and the jury selection started in sanjose today. and it's been the subject of quite a lot of fascination. there was a book about this cold bad blood that was written essentially this particular woman was behind a company that said that amazing test could be done with a single drop of blood. and it turned out to be several concerns about the testing. an meteoric rise and fall for the company and it turned her into a young billionaire very, very quickly. the interesting thing is that as the jury select

what to expect on day one of the elizabeth holmes trial. >>> and later, tahoe burning. the new damage overnight as cabins burn and the sierra at tahoe resort in danger again. we are live at 5:00 a.m. from the fire line. >>> hurricane ida pounded the louisiana coast. it's now weakened to a tropical depression. the powerful winds reached 150 miles an hour and ripped off roofs from homes and businesses, flying debris also knocked down power lines. it could take weeks before electricity is restored. >>> a huge silicon valley scandal heads to court. jury selection starts in the trial of elizabeth holmes. >>> and changes coming to indoor dining at mcdonalds. diane king hall report from the new york stock exchange. >> technology stocks once again powered wall street to new highs on monday. the dow was the exception falling 56 points, after reaching a record high on friday. the nasdaq rallied 136, extending it's all time high and the s&p500 gained 19 points. >>> the trial of elizabeth holmes gets underway today in san jose, california. holmes is accused of defrauding investors

elizabeth holmes faces six counts of fraud. she is accused of defrauding customers and investors who believed in her medical startup company, theranos. the premise was that her company's technology could perform a range of medical tests from a drop of blood. the company at one point was valued at nearly $10 billion. it was later discovered that the technology did not work. the prosecution plans to provide witnesses who received also results from the tests. one showed a miscarriage while extreme sing a healthy princi. others received false hiv-positive -- that she was influenced by him, a claim that came as a surprise to many legal experts. >> this is a huge deal. it is an absolute bombshell. elizabeth holmes is a -- is essentially alleging a decade-long history of systematic abuse, in the form of he controlled every aspect of their relationship. amy: his lawyer because the claims outrageous and one former theranos employee told us he finds the allegations hard to believe, saying he never saw abuse. about 200 potential jurors ha

elizabeth holmes faces six counts of fraud. she is accused of defrauding customers and investors who believed in her medical company startup company. mipa' teno could for o e mpany, at one point nearly $1. it was later discovered the technology did not work. the prosecution plans to provide witnesses who received false results from those medical tests , including some who received false hiv-positive positive tests. then the defense will claim her copresident had control over her and that she was influenced by him. a claim that came as a surprise to many legal experts. >> this is a huge deal. it is an absolute bombshell. elizabeth holmes essentially alleging a decade-long history of systematic abuse in the form of he controlled every aspect of their relationship. >> his lawyer calls the claims outrageous. one former employee told abc news he finds allegations hard to believe, saying he never saw abuse. about 200 potential jurors have filled out their questionnaire. some have already been dismissed because they heard about the ca

. >>> jury selection begins this morning in the trial of elizabeth holmes. the argument the founder of theranos will make in her defense. >>> are breakthrough cases becoming more common? the new findings from ucsf, what experts are now saying about the so-called escape mutants. we'll be right back. for this multitasking, number-cruncher, time is money. so, i go to floor and decor where i get rock-bottom prices on tile, wood, stone and laminate. plus, i score free in-store design services. now that's time well spent. explore floor and decor in person or online. >>> breaking right now at 6:30, flames from the caldor fire advancing into south lake tahoe. crews up against it with fears the weather kps are about to get worse. we're following the terrifying evacuations under way. >>> we're talking about fraud and conspiracy. >> the much anticipated fraud trial for theranos founder elizabeth holmes starts today in the south bay. we are live with what to expect in the days and weeks ahead. >>> the race to rescue those trapped in high floodwaters left behind in ida's

the feds will have to prove that holmes intended to commit fraud. >> elizabeth holmes may try to portray herself as someone who got caught up in the culture of the dotcom industry in silicon valley where you fake it till you make it. >> that issue of intent is exactly the point of these allegations about balwani. if she goes with this strategy, the idea that she couldn't have possibly formed that intent because she was under his spell. balwani has denied the charges, calls them deeply offensive. that's why elizabeth holmes might, might take the stand to tip the balance between he said and she said but before all of that and before opening statements next week, jury selection 40 prospective jurors in the courtroom today. when asked if they heard about the trial nearly all of them raised their hands shep, that's not enough to get you out of jury duty only a handful have been excused. >> scott cohn, live at the courthouse. >>> cdc, a warning about the long weekend ahead why some people are being vied to put their plans on hold especially if they're planning to visit neighbors to the north.

had not heard of elizabeth holmes. uni -- you and i hope the jobs we have and they were nose is well known to us -- and theranos is well known to us. some people, they don't know anything about it. that is the jurors they are going to be looking at. emily: i never will forget the time i interviewed elizabeth holmes. we will have to dig that went out of the archives as i chart this case. that does it for this edition of bloomberg technology. make sure you tune in tomorrow. we are going to be joined by kelly steckelberg. also going us, -- running is, gary chan. i'm emily chang in san francisco. this is bloomberg. ♪ ♪ >> very good morning. welcome to daybreak australia. >> we are counting down to asia's major market open. >> good evening, i am casing haze. the top story. big tech leads the s&p 500 to its wealth record high this month. the longest winning streak since january of 2018. >>

jury selection is getting started to try elizabeth holmes on wire fraud and conspiracy charges. we will hear from a bay area law professor with a closer look at what we can expect in just a few minutes. good morning. it's 6:30 on tuesday. august 31th. >>> good morning to you. with very live team coverage on the credit, aldor fire. ann is live if state line nevada where the casinos are open for evacuees and first responderns. first, we start with mary lee with a red flag warning in effect for the sierra. >> looking at that strong on shore flow and that ocean breeze bringing cleaner and clearer skies for us. good to moderate air quality for the bay area today. as we take you hour by hour, with our air quality you can see a lot of green and that is good air quality for today. request that strong on shore flow temperatures below average. cooler compared to yesterday. mid to upper 60's to around 70. 70's for the peninsula and upper 70's to upper 80's. watching red flag conditions up in the sierra at tahoe. the caldor fire dealing with gusty winds. firefighters really up against tough

officials are expected to recommend new restrictions. >>> a slidesing development as elizabeth holmes, the founder of thernos, goes on trial for fraud. she claims she was the victim of an abusive relationship with her ex-boyfriend. the court filings claim he controlled what she ate, how she dressed and how much money she could spend. he denies the allegations. the two are accused of misleading patients and investors with their blood testing technology. >> the prosecution will try to poke holes in this defense. they're allowed to have their expert interview elizabeth holmes and the expert will say she didn't suffer from this type of abuse or this syndrome. >> holmes is also expected to claim that she suffered from ptsd following that relationship. if convicted, she could face decades in prison. >>> coming up, the heart warming end to the little league series. >>> first we check in with one of the major hospitals to see how they're coping is struggling to manage your type 2 diabetes knocking you out of your zone? lowering your a1c with once-weekly ozempic® can help you get back in it.

emily: i never will forget the time i interviewed elizabeth holmes. we will have to dig that went out of the archives as we chart this case. joel rosenblatt, thank you so much for bringing us those details. that does it for this edition of "bloomberg technology." make sure you tune in tomorrow, we will be joined by the zoom video cfo kelly steckelberg. ,also joining us is gary chan, partner of x-ray box. i'm emily chang in san francisco. this is bloomberg. ♪ ♪ and there you have it— -woah. wireless on the most reliable network nationwide. wow! -big deal! ...we get unlimited for just $30 bucks. sweet, but mine has 5g included. relax people, my wireless is crushing it. that's because you all have xfinity mobile with your internet. it's wireless so good, it keeps one upping itself. switch to xfinity mobile and save hundreds on your wireless bill. plus, save up to $400 when you purchase a new samsung phone or upgrade your existing phone. learn more at your local xfinity store today. >> the opening by the u.k. government was terrific area -- terrific

nothing to say to our cameras but allegations from federal prosecutors against elizabeth holmes are pretty loud. once a self-made billionaire and some even called her the golden girl of the silicon valley and now she is inside a federal courtroom as a defendant charged with fraud. >> it is a complicated case. >> reporter: she is the founder of this company and her former president her ex-boyfriend are accused of falsely claiming their technology could accurately perform lab tests with just a few drops of blood and today the link the jury selection process began with some potential jurors not showing up because of covid symptoms. >> that is the thing. you can't find a jury that is completely ignorant and has not heard about elizabeth holmes and you wouldn't want a jury like that but what you're looking for is a group of people who can set aside their preconceptions and be fair. >> reporter: legal experts say what is key are questions about what she knew, when she knew it, and whether she intended to deceive. she is accused of engaging in a multi-million-dollar scheme to defraud investors, d

we supposedly gay -- to summer sunday. >> the trial of elizabeth holmes set to begin today. the founder of their in ♪ oh! you're doing it wrong, man. what's wrong with action figures? nothing. capital one shopping instantly searches for available coupon codes and automatically applies them. whoa! i look good in miniature. capital one shopping. (in s.l.j. voice) what's in your wallet? hey, it's me...your skin. some cleansers get us clean- capital one shopping. but take my moisture. cerave cleansers help me maintain my moisture balance with hyaluronic acid, plus 3 essential ceramides to help restore my natural barrier. so we are cerave clean. cerave hydrating cleanser. bro, one more time. worth of drip but i'm cut from a different cloth. tell my competition lay low. jif peanut butter. that flow crazy. it's that jif'ing good, ludacris changed his flow for it. >>> hold on, everybody. >> welcome back to "gma." that is awkwafina and simu liu, the stars of the new marvel superhero movie, "shang-chi and the legend of the ten rings." and this morning, awkwafina is joining us live i

you need a jury that even if they do know about elizabeth holmes given what they know can they render a fair just and impartial verdict or approach the trial with an open mind? that's really the standard and it's especially germane to this particular jury selection because this district, san jose, this area has a lot like elizabeth holmes over 45% of this jury poll makes a household income of more than $100,000 this is a very unique highly educated lots of people in the s.t.e.m. area, science, technology and is kind of like elizabeth holmes >> yeah, i think that's very well said. so they'll get a jury and some people can say to your point they know who she is and may recognize her but they will still be sat and picked for this jury i know nobody ever likes to speculate on television but will put you on the spot. based on what you know about the case how long could this possibly go? do we have any ideahow many witnesses the prosecution or the defense plans to call? >> as a defense attorney i can tell you the federal government is very good at overkill you can expect hundreds of witness

elizabeth holmes duped some very important people-— important people. yes. this is a hiehl important people. yes. this is a highly anticipated _ important people. yes. this is a highly anticipated trial - important people. yes. this is a highly anticipated trial of - important people. yes. this is a highly anticipated trial of this i highly anticipated trial of this particular young woman, elizabeth holmes was the founder of a blood testing company, a startup called the runners. and thejury testing company, a startup called the runners. and the jury selection started in sanjose today. and it's been the subject of quite a

. >> a fight over elizabeth holmes' medical record? >>> hey everyone, barbara streisand is here tonight and we have marlon wayans here. it is a great show tonight. >>> happening now the chevron in richmond is blaming on refinery. it is not clear how much materials was burned off. the warning system was issued. that's the lowest on the scale. it does not come with any recommendations to stay indoors. we'll be right back. every single day, we're all getting a little bit better. we're better cooks... better neighbors... hi. i've got this until you get back. better parents... and better friends. no! no! that's why comcast works around the clock constantly improving america's largest gig-speed broadband network. and just doubled the capacity here. how do things look on your end? -perfect! because we're building a better network every single day. >>> long lines for covid tests. the line looked like a lot like we had at the start of the pandemic. that's the santa clara fairground in san jose. a month ago, 5,000 people were getting tested per

why theranos and founder elizabeth holmes will be in court starting tomorrow. will draw international attention. business and tech reporter scott budman. >> reporter: the trial begins tomorrow in san jose with jury selection. at issue, her intent. with hundreds of millions of investor money lost because the technology didn't work or did she intend to defraud investors, patients, regulators and doctors? elizabeth holmes and theranos with claims that machines could run dozens of critical medical tests using a tiny amount of blood got so big, hosted then vice president biden. at one point valued $9 billion, huge win for company started by 19-year-old stanford dropout. >> first thing i remember is being inspired. >> reporter: for female tech ceos like leslie, holmes was important leader. >> there are so few prominent women that investors believed in that much, that made the fall more heartbreaking for a lot of us. >> reporter: and fall was steep. layoffs, billions lost by prominent investors, and patients given inaccurate test results from theranos machines that di

. >>> and a twist in the trial of elizabeth holmes. her defense strategy revealed. what she's claiming her ex-boyfriend did. >>> and after 11:00, still 78 degrees in wall put the creek after a hot day. one more day of these hot temperatures and bad air quality when cooler temperatures arrive and the smoke moves out in the forecast when we come right back. >>> back in 2017, he was playing for california thinl rugby game, when the unimaginable happened. he was carried out paralyzed. doctors told him he would likely never walk again. the doctors were wrong and tomorrow he'll take some of the most important steps of his life to receive his college diploma. imagining this moment has motivated for him for years. >> everybody has a challenge in their life or a goal they want to achieve. and i hope when they see me walk across the stage that they see them doing the things that others told them that they couldn't do or wouldn't do. they see them overcoming the challenges they have in their lives with the goals they want to accomplish. this is going to be a huge moment for me

. >>> ahead, elizabeth holmes goes on trial, how the silicon valley entrepreneur once called the next steve jobs plans to defend herself against charges she first it is 7:18. >>> ahead a florida sheriff's tribute to a deputy who died of covid. we'll look at the toll on law enforcement, and the push now to vaccinate officers. you're watching "cbs this morning." opping malls can be a big trigger for young homeowners turning into their parents. you ever think about the storage operation a place like this must rely on? -no. they just sell candles, and they're making overhead? you know what kind of fish those are? -no. -eh, don't be coy. [ laughs ] [ sniffs, clears throat ] koi fish. it can be overwhelming. think a second. have we seen this shirt before? progressive can't save you from becoming your parents. but we can save you money when you bundle home and auto with us. but you know what? i'm still gonna get it. i brought in ensure max protein, with thirty grams of protein. those who tried me felt more energy in just two weeks! [sighs wearily] here, i'll take that! woo-hoo! ensure max pr

plus -- >> jury selection begins in a trial of elizabeth holmes. the argument the founder of theranos will make in her defense. you're watching "today in the bay." >>> breaking at 5:30, flames from the caldor fire advancing into south lake tahoe. crews are up against it with fears the weather conditions are about to get worse. we are following the latest overnight with the developments. >> we're talking about fraud and conspiracy. >> the much-anticipated fraud trial for theranos founder elizabeth holmes starts today in the south bay. we're live with what to expect in the days and weeks ahead. this is "today in the bay." >>> a very good morning to you. thanks so much for joining us. i'm laura garcia. >> i'm marcus washington. >>> the caldor fire has been ravaging the lake tahoe basin area. hundreds of people are evacuating. want to check in with "today in the bay's" kris sanchez monitoring what's been going on there. >> yeah. there was so much to monitor overnight and that caldor fire is now burning unchecked still this morning, driven by winds and

this elizabeth holmes in the us. i wonder if you could lay out for us.— if you could lay out for us. this is one of those _ if you could lay out for us. this is one of those long-awaited - if you could lay out for us. this is one of those long-awaited trials | if you could lay out for us. this is i one of those long-awaited trials of one of those long—awaited trials of corporate scandal history. elizabeth holmes was this founder, this startup called theranos which achieved an amazing market on the promise of being able to do blood tests with a single drop of blood. at a time with this health resolution was happening and it could've been an amazing idea if it could've been an amazing idea if it could've been an amazing idea if it could've been realized. and you get some huge backers, prominent former politicians, secretaries of state but ultimately the technology didn't work. the company collapsed and she is facing charges of defrauding investors and technology. worse at the stage ofjury selection investors and te

and i hold myself responsible for that. >> reporter: that was elizabeth holmes in 2016, well before her world and her company, theranos, collapsed. then the young then the youngest female self-made billionaire in the world, she graced magazine cover "game changer," wh started a health care tech company at 19 with the idea to draw and analyze blood with a tiny pinprick, turning it into a $9 billion business. john carreyrou broke the story in the "wall street journal" in 2015, exposing the company's faulty medical technology and reporting on what the u.s. attorney called a scheme to defraud investors, doctors and patients >> i'd say where she crossed the bright red line is in the fall of 2013 when she commercialized a product, a medical product, that she knew did not work >> reporter: holmes and theranos' coo were indicted in 2018 on two charges of conspiracy to commit wire fraud and multiple counts of wire fraud. both deny all charges against them but shocking new court documents reveal her defense will likely present her as a victim, claiming a decade long abusive relationship with rame

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the long awaited trial of elizabeth holmes will get underway tomorrow. she may claim a decade-long abusive relationship with her former boyfriend and chief operating officer. here is rebecca jarvis. rebecca: elizabeth holmes facing justice. >> we will change our lives and our world. rebecca: once a rising star of silicon valley with her steve jobs inspired wargo and the false promise that her company would revolutionize health care, heading to court this week. she stands accused of multimillion dollar fraud appeared the department of justice alleging elizabeth this led patients, doctors, and investors. >> no one ever called me to apologize. that is the least you can do when you mess up so badly. not ok. rebecca: holmes, who recently gave birth to her first child, continues to maintain her innocence. coming up at 7:00 a.m., we will preview her legal strategy. why she is saying she is a victim. with your gma first look, i'm rebecca jarvis, abc news, new york. kumasi: tiktok has banned challenge that a lot of people got hurt. this is what happens when you s

. >>> after months of delays, jury selection in the trial of former theranos ceo elizabeth holmes is now underway in san jose. new video of holmes walking into the courthouse today as she faces up to two decades in prison if convicted. >> a lot of people talking about this one. nbc bay area's kris sanchez is there now. kris, this is the start of the criminal trial. silicon valley, the financial world all closely watching. >> reporter: yeah. before elizabeth holmes' attorneys even get to mount her defense, covid is already playing a role in this trial. nine jurors were dismissed early this morning because they were unvaccinated. that's an interesting note. holmes did not say anything as she entered into the federal courthouse in san jose this morning to answer to those charges that she defrauded regulators, investors, doctors and patients, claiming that she developed a blood test that could test for dozens of medical conditions using just a single drop of blood. according to recently discovered documents, holmes' legal team is going to claim that her former boyfriend, also a theranos

elizabeth holmes is going on trial in charged of wire fraud connecting with theranos. it promised a giant diagnostic breakthrough but failed to deliver. jury selection is underway for a panel of 12 people out of more than 100. but theranos could make the process a challenge. the judge directed questions to the prospective jurors about what news or documentaries they had seen about the case, and whether it might influence their ability to be fair. several indicated media coverage left them with negative impressions. the judge also zeroed in on domestic violence, asking if any had been a victim of abuse. in a court filing, attorneys indicated they may allege she had been a victim of abuse. prosecutors and attorneys will be able to recheck potential jurors who filled out a lengthy questionnaire in advance to learn of potential conflict of interest. they were also given a long list of essential witnesses who include former defense secretary james mattis, former secretary of state henry kissinger, and media mobile rupert murdoch. safety is a concern in the large but packed

the criminal fraud trial of elizabeth holmes began today in san jose holmes was once breaking barriers in the medical tech world now on trial for duping investors and patients kron four's noelle bellow joins us now in the newsroom with the latest. noel. >> so now she was once the golden girl of silicon valley and now elizabeth holmes is at the center of one of its biggest scandals homes arrived to the federal courthouse in san jose. earlier this morning for jury selection she is facing 12 felony counts alleging she engineer to massive fraud scheme with her company theranos not their nose was created back in 2003 and was once worth 9 billion dollars now holmes and her ex-boyfriend business partner wani are both facing charges. they defrauded investors and patients. the promise was that the health technology would be able to screen for hundreds of diseases with just a finger. but patients who are wrongly diagnosed technology are now set to testify in this trial. and holmes is also expected to speak. >> now we're here at this point where it's it's very much a low point right now. we're fi

first off, who exactly is elizabeth holmes? what do you know about her? 19 years old she started this. 19 you know about her? 19 years old she started this-— started this. 19 years old she dro ed started this. 19 years old she dropped out _ started this. 19 years old she dropped out of _ started this. 19 years old she dropped out of stanford. - started this. 19 years old she j dropped out of stanford. and started this. 19 years old she - dropped out of stanford. and who is elizabeth holmes, i think that if the question. she is this enigma. if you are the woman who told people on stages across the world, who sat across from presidents like bill clinton at the time and former vice president, who was vice president at the time, joe biden, and touted her technology or is she the woman who we have also seen in depositions under oath with the securities and exchange commission here in the us who professes not to know, not to understand why things went awry inside of her company? admitting to mistakes. this is the question and this is the question that we hope

thanks, general. >>> coming up, the criminal case against thenos founder elizabeth holmes posh virtual receptionist. (vo) this is a place for ambition. a forge of progress. a unicorn in training. a corner to build a legacy. a vision for tomorrow. a fresh start. a blank canvas. a second act. a renewed company culture. a temple for ideas. and a place to make your mark. loopnet. the most popular place to find a space. >>> news from johnson & johnson this morning meg tirrell joins us on the squawk newsline with more. >> johnson & johnson has been working on a hiv vaccine using the same technology as the kmpd vaccine. sad news this morning, a study in africa has shown it does not work, it was 25% of preventing hiv infection in the study in africa they didn't see any safety issues and will continue testing this in a different trial, in different folks, in different geographic areas they have some hope this might work but this is just another disappointment in a long line of disappointments for trial vacc vaccines for hiv, which is incredibly difficult this vaccine used that same viral vector

>> i think that's a great question and on the spectrum elizabeth holmes is hiding things. adam neumann i mean what he did i think was l which more as a magician, don't look here, look here and mostly people looked here and he would say you know the numbers are going to be this. if you look back you could see the metrics if you are going to come and invest in what their previous projections were and what they have had and they didn't hit their projections. they never did so i think in a lot of ways yes he lied about taking money out and the truth wasn't there. some people in this defensive told us with that profitability they'd say oh there's an asterisk and i don't know whether or not i believe it is it was not outright fraud. it was just you know changing the truth and making you think something else and masterfully manipulativear whatever it was. if you wanted to invest in this company even as the private markets don't have the same roles as the public market companies bury it was a lot you could see that never lived up to what he said was going to happen before so you w

. >> thank you for having me >>> meantime, theranos ceo elizabeth holmes appearing for court. >> this will be her first court appearance in a couple of months we expect her to arrive anytime now ahead of her trial one of the most anticipated white collar trials in recent years, that starts just over two weeks from now and this is a lot of housekeeping ahead of that. elizabeth holmes charged with a dozen felony counts in connection with theranos, the blood testing startup, once valued at $9 billion, that was cheerily not what it seemed to be on the agenda today we will learn more about the complicated process of jury selection in a case that received so much publicity. holmes attorneys asked for 100 question jury questionnaire, the judge has whittled that down we may get more word on what kinds of questions they will be asked as they report for jury selection a week from tomorrow we'll also learn more about the witness list and how witnesses will be called, what kind of notice the defense and prosecution will get about what witnesses will take the stand in this -- what will be a length

elizabeth holmes was one of the most celebrated ceos in silicon valley at just 19 years old. she dropped out of stanford to found theranos, a blood testing company that claimed it could conduct tests with only a few drops of blood. more people will have access to their own health information with its propriety. every technology, the edison machine, the company's valuation swelled to more than $9 billion homes was compared to visionaries like steve jobs, that is until everything came crashing down her claims of running, you know, 300 or whatever tests from a single drop of blood seemed grossly exaggerated. when whistleblowers came forward, exposing the company's bogus claims about its technology, the feds got involved in 2018, the department of justice. charged homes in her partner, sonny bill wani, with conspiracy and wire fraud, claiming she defrauded investors and patients. jury selection begins tuesday after a three year hiatus due to the pandemic and the birth of homes, child we'll all cases really come down to jury selection in jerusalem action bought deer is an art. ktv

the fraud trial of sarah knows founder elizabeth holmes is now underway. coming up at 4 30. a look at what at metro by t-mobile... ...we don't think you should pay extra for unlimited 5g. introducing the big 5g upgrade. ditch boost and cricket... ...and save half when you switch. just twenty-five bucks a month for one line of unlimited smartphone data. with 5g access included. plus get a free samsung galaxy five g with trade in. all on the power of the t-mobile 5g network. rule your day with the big five g upgrade. only at metro. major flooding caused by ida. this is video here from jefferson parish, just outside of new orleans, showing local businesses and homes submerged. at least four people have died in the storm, and more than one million people in louisiana and mississippi are without power. still people have been flocking to gas stations trying to fuel up on fuel up their generators. foxes caroline shipley, joining us now live from crown point, louisiana and carolina. there is now a curfew in place. in the city of new orleans. yes eight pm i believe we'll be heading b

. >>> jury selection begins today for elizabeth holmes, the founder of theranos. holmes faces federal charges for knowingly misrepresenting the health tech company's blood testing capabilities. for more news download the cbs news app on your cell phone or connect to it tv. i'm elise preston, cbs news, new york. >>> it's tuesday, august 31st, 2021. this is the "cbs morning news." southern emergency. search and rescue efforts now underway in the aftermath of hurricane ida. the new threat for more than a million people who don't have power. >>> the last soldier. a striking image released as the final u.s. service member leaves afghanistan. how the government plans to help americans and allies who couldn't make it out. >>> mask mandate showdown. why the department of education is opening up a civil rights investigation into five states. ♪ ♪

we are live with what to expect on day one of jury selection and the elizabeth holmes trial. >>> the later the demand from students at a bay area university after a classmate's racist and violent social media post. >> we are on fire watch this tuesday, august 31th. >> we start with the extreme fire threat from the caldor fire in south lake tahoe. ann is on assignment. >> what are conditions like out there this morning? >> the good news now is that the fire has not reached south lake tahoe. that is where i'm standing but you can tell it's very smoky here. the area is under evacuation orders. the casinos though that you see behind me are still open. there is a lot 6 firefighters staying and other city officials that have to make sure they can still hold down the fort at this point. at last check the fire was still several miles away. we are going to get the update from cal fire in a couple of hours and get a little more information on where that fire was able to move overnight. here are the flames from sierra at tahoe yesterday. the intent flames at echo summit coming down the ridge. t

the trial of elizabeth holmes. it will bein san je couroom. th trial begins on september 8th. if convicted she is facing up to 20 years in prison. prosecutors say she orchestrated a multimillion dollars scheme >>> to the coronavirus now. a survey taken found 62% of intensive care unit nurses are burned out. we are seeing a long time impact. we spoke to icu nurses who left their front end jobs or dropped out of the possession all together. >> for seven years she worked overnight as an icu nurse. >> some nurses were working four, five, six days a week, 12 hour shifts. >> her training gave her the skills to respond to a pandemic but did not prepare her for the emotional toll. >> it takes a lot out of you. we wanted to be there for our patients but -- when we are running on fumes it is hard to do that. >> i would go straight to my room. talking to my husband i was telling him i didn't want tohedn community health seeing healthier patients during daytime hours. >> the problems we see in nursing now are not new. it is that high level that -- we had before covid has made it really ou

then elizabeth holmes facing justice, that's a question mark, we're previewing the jury selection in her criminal case to deceive investors. that's ahead. ryan payne and steve forbes are here. you don't want to miss any of what these gentlemen have to say. you're watching "mornings with maria" live on fox business. our retirement plan with voya, keeps us moving forward. hey, kevin! hey, guys! they have customized solutions to help our family's special needs... hey, graduation selfie! well done! and voya stays by our side, keeping us on track for retirement... ...giving us confidence in our future... ...and in kevin's. you ready for your first day on the job? i was born ready. go get 'em, kev. well planned. well invested. well protected. voya. be confident to and through retirement. [relaxed summer themed music playing] ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ summer is a state of mind, you can visit anytime. savor your summer with lincoln. introducing xfinity rewards. our very own way of thanking you just for being with us. enjoy rewards like movie night specials. xfinity mobile benefits. ...

. >>> mental health records of former theranos ceo elizabeth holmes could be unsealed. the request cols' attorney said they will call on a psychologist to testify about a mental disease or defect which could play into whether holmes guilty. they say they need the documents to prepare the case. a federal judge ordered holmes' lawyers to sort through the records by the end of the week. she's facing a dozen fraud charges regarding theranos. it has been delayed several times due to covid concerns and pregnancy. she could spend up to 20 years in prison. >>> google is set to make things safer online for young people. >> our business and tech reporter scott budman here to show us how. >> if you cover privacy, this is huge. if you have young people at home you are worried about where they're going on the internet and who might be tracking them. today google addressed a couple of long standing kearns. all videos uploaded by 13-17-year-olds on google-owned youtube will be private by default, which means they can only be seen by those who post them and those with permission to vie

holmes' evaluation. the information expected later today could provide details into the personal relationship between holmes and her ex-boyfriend and former company president sunny. homes' lawyers have suggested in the court filings she may have been a victim of an abusive relationship. both are now facing separate criminal trials. holmes' criminal trial is set to start next tuesday. >>> a legendary singer vincent fernandez, weeks after hospitalized for a fall has been diagnosed by the guillaiin barre system. it affects the nerves and weakening of the respiratory system. the king remains in the icu at a hospital. he's listed in serious but stable condition. he's undergoing rehabilitation treatment. >>> in less than a month you need to show proof of covid vaccination to get into san jose's sap center. beginning september 20th, everyone 12 and older going to an event is required to show they're vaccinated. the first event faked the olympic gymnastic show featuring simone biles. >>> a setback for the giants

the information that may be unsealed ahead of the upcoming trial for former ceo elizabeth holmes. stay with us. you're watching "today in the bay." >>> developing this morning new york lieutenant governor getting ready to step into the role of governor. she's scheduled to address new yorkers later today and officially become new york's first female governor two weeks from now, after governor andrew cuomo resigned yesterday amid sexual harassment allegations. >> i think that given the circumstances the best way i can help now is if i step aside and let government get back to governing and that's what i'll do. >> cuomo says his resignation was meant to avoid a long and expensive impeachment but the process may go forward and if convicted he could be barred from ever seeking state office again. >> the judge in the theranos ceo trial elizabeth holmes is considering unsealing documents tied to her mental health records. those documents may include her psychological evaluation which could be relevant if holmes' attorneys argue a mental health defense. she has pleaded not guilty to dozen

. >>> mental health records, elizabeth holmes, her request comes after holmes' attorney says they'll call a psychologist to testify of a mental disease or defect which will play whether holmes is found guilty. prosecutors agree saying they need the document to prepare their case. holmes is facing a dozen of charges. holmes disputes the charges, her trial has been delayed several times because of covid is concerned and her pregnancy and legal issues. if convictconvicted, holmes can 12 years. >>> today marks 12 years since the disappearance of hassani campbell. his case still weighs heavily in the minds of many. he disappeared in rock bridge. his foster says he took the boy and left him in his car. when he comes back, his son is gone. prosecutors arrested the foster parents and dropped the charges due to lack of evidence. agents put together an enhanced photo of campbell. scott mcgrew had been following this case for years and has this report. >> occasionally there are happy endings to kidnappings. in a couple of cases in the bay area, the child is found and reunited with families. one

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elizabeth holmes entered u. s federal court in san jose tuesday morning charged by the department of justice with two counts of conspiracy to commit wire fraud and 10 counts of wire fraud, her attorneys, but several file boxes in tow, had years to prepare as the pandemic and the birth of homes. child put the trial on a three year hiatus. no stranger to the spotlight homes became a silicon valley icon when she founded the medical testing biotech company theranos at the age of 19 and grew into a $9 billion company. but in 2015 wall street journal investigation exposed, the technology didn't work and the company later dissolved. did holmes know about these problems and deceive investors, doctors and patients? the defense will claim she's innocent. they can try to make it argument that. she had the best of intentions that big try to argue that she wasn't the scammer. she actually maybe she she was a true believer and, um, creating a new and valuable product and that she's got a little carried away. thomas ju, a law

. >>> we have new details in the upcoming criminal fraud trial for disgraced founder elizabeth holmes. a judge has ruled customer complaints and blood testing results will be allowed to used as evidence. the defense is seeking to prevent it due to missing data containing three years of blood testing accuracy and failure rate. the trial is set to begin august 31st. >>> one east bay city creating affording housing for people in the bay area. pleasant hill leaders approving a new project on lucille lane that will replace a vacant office building with three dozen multistory still family units. no timeline on when the project will be finished. >>> california's drought may lead to new measures from governor newsom. he may have to order mandatory water restrictions in six weeks time. he talked about it while touring big basin yesterday, an area you'll recall was ravaged by wildfire last year. the governor is asking for a voluntary reduction to continue to look bleak when the rainy season returns and we're hoping it returns at least in early october. >> we've got a microclimate weather alert

. >>> we're taking a look at the high profile trial in san jose of elizabeth holmes that begins tomorrow. scott budman joins us for a conversation about the impact her case already has in the silicon valley, and what's at stake as this trial unfolds coming up at 7:00. >>> and on nightly news, on the ground for the impact of ida. hospitals going dark. fears of alligator-infested waters. next with lester holt. >> tom llamas sitting in for lester holt joining us from new orleans just about now. thanks for joining us. >>> tonight, the true scope of the deadly devastation from hurricane ida revealed here in louisiana. the state of emergency after ida roared ashore as a monster category 4, causing catastrophic damage. one million people without power, including all of new orleans. the urgent search, the national guard rescuing residents trapped in homes by widespread flooding. the death toll from ida rising and stunning new images roofs ripped off homes flattened, buildings collapsed, entire communities cut off. and my conversation with one of the hero nurses who stayed behind at the hospital

. >>> and elizabeth holmes o