tv The News With Shepard Smith CNBC July 15, 2021 7:00pm-8:00pm EDT
themselves you see, the price of freedom is a lot higher than the price of vaccines i like to say there's always a bull market somewhere. and i promise to try to find it just for you right here on "mad money. i'm jim cramer see you next time. the news with shepard smith starts now covid is surging l.a. county reinstates indoor mask mandates for everyone i'm shepard smith. this is the news on cnbc an urgent threat the surgeon general ringing the alarm, not about delta but vaccine misinformation >> this is avoidable illnesses and death. >> as we see the effect first-hand >> i wish i would have made better choices for her >> the assassination plot in haiti delivers another shocking curveball. some suspects arrested once trained by the u.s. military >> plus, meet a man who spoke
directly with the alleged mastermind of the attack >> parents, check your bank accounts today, millions of american families get direct cash deposits >> this can be life-changing for so many families >> the impact and the pushback >> i developed depression, anxiety. >> lives upended families left for broke. a cnbc investigation of stolen unemployment money during the pandemic >> wildfires force more evacuations in the west. the tiger king wins a battle in court. and the mysterious illness killing birds in america >> live from cnbc, the facts the truth. the news with shepard smith. >> good evening. we have a new timeline for when kids under 12 could get a covid shot early to mid winter. that's new, and according to an fda official today, who signaled that's when the agency could give emergency use authorization for young kids
the fda facing pressure, as new cases rise, including in los angeles county, where health officials just announced they'll once again require everyone to wear masks indoors nationwide, average daily infections have more than doubled since hitting a pandemic low less than a month ago. that's from johns hopkins. the data shows hospitalizations are rising as well, and now, so too are the lagging indicator, deaths they have increased by more than 25% in the past ten days health experts attribute that in part to the highly contagious delta variant and low vaccination rates. today, the united states surgeon general, vivek murthy, used a health advisory, calling out tech companies, health care workers, and everyday americans to do more to fight misinformation about covid and vaccines the surgeon general describes it as an urgent threat to public health >> during the covid-19 pandemic, health misinformation has led
people to resist wearing masks in high-risk setting it's led them to turn dow treatments and not get vaccinated this has led to avoidable illness and death. health information has cost us lives. >> a local news station in arkansas spoke with one woman who says she did not get a vaccination for herself or her 13-year-old daughter because of misinformation about the shots and now she admits that was a mistake. she says she spent am much of the past 12 days inside a children's hospital, watching her daughter hooked up to a ventilator, struggling to breathe, and struggling to beat covid. >> it's very hard to see her in this situation it's very hard not knowing if she's really going to come home anymore or not it's heartbreaking i wish i would have made better choices for her. >> i just had a false sense of security that it was just, like, the flu. and it wasn't that serious and obviously, it is that
serious. it's very serious now, i see >> she says the hardest part of watching her daughter suffer is knowing all of it was preventable. and that's why she is urging all americans to get vaccinated. in a moment, we'll hear from the former fda commissioner, dr. scott gottlieb first, our senior health and science correspondent, meg tirrell. what more do we know about when shots could be available for young kids >> well, shep, we're learning tonight the fda would aim to move quickly to full approval of the vaccine for kids that's according to an official from the agency who acknowledged that the move could alleviate hesitancy for some parents worried about a vaccine cleared only for emergency use the timing reported by nbc news tonight aligned with a timeline given by pfizer for when it expects to see results from clinical trials of its vaccine in kids. and filed with the fda september for ages 2 to 5 and 5 to 11, and november for those as young as 6 months.
pfizer has been the most advanced in trials for kids with moderna following close behind no word on when full approval could come for adults, a question that's taken on increasing urgency amid the spread of delta and flagging vaccination rates. doctors argue it would pave the way for more employers and schools to feel comfortable mandating the vaccine. i asked about this at a recent white house covid briefing, and the response was, it's in the hands of the fda, which is working on an expedited timeframe. dr. fauci added, there's so much strong data supporting the vaccines, hundreds of millions of doses administered, he said he hopes people don't wait because of this. >> and meg, you also have news on the possibility of booster shots. >> yeah, so remember that back and forth last week when pfizer suggested a booster would be needed and the fda and the cdc came out just hours later saying no, not at this time well, now we're seeing the cdc's advisory committee on vaccines
planning to meet to discuss that very topic next week specifically, additional doses for people who are immune compromised. these are folks who make up almost 3% of u.s. adults, who have had organ transplants or are in cancer or other immuno suppressive treatments or living with hiv the vaccines may not work as well for them. and this is the population for whom other countries like israel and france have announced plans for boosters already shep >> meg, thanks let's turn to dr. scott gottlieb, former fd ark commissioner and author of the book "uncontrolled spread. he also is on the boards of pfizer and alumna and is a cnbc contributor. thanks los angeles county, the most populous in the country, going back to mandating masks for everyone indoors, vaccinated or not. right thing to do or no >> i think in places where you have dense spread, it's prudent to take public health precautions. the bottom line is most places are unlikely to do that. i think los angeles is likely to
be the exception here. and most of the spread that we're going to see over the next couple months is going to be against the backdrop of no public health precautions or limited precautions. i think individuals in these hot spots around the country who are vulnerable are going to have take measures into their own hands and take precautions if they think they're at risk because a lot of spread is happening in states that have already affirmed they're not going back to mask mandates or any kind of ordinances shutting down businesses where spread might be occurring this is likely to spread unabated and really the only wall that's going to be a wall of immunity we get through vaccination or through the natural immunity acquired through continued spread >> we continue to hear from people, some people who are hesitant say look, i want complete approval from the fda when they approve this, not special authorization, when they approve it, maybe i'll get the vaccine. is the fda making a mistake by moving slowly on that? >> well, look, i'm not sure the fda is moving slowly my prediction always was it would take the fda about three
months from the time the applications were submit today the agency to issue a full approval pfizer submitted its application the end of may moderna submitted it in early june we're coming up on about three month as we enter the end of august i think the timeframe is still likely to hold you're likely to see the fda approve those vaccines around the three-month threshold. that was always my assumption based on just understanding the fda process. >> the fda said today that vaccines for kids under 12 expected like early to mid winter that's a long way out. are you worried about the threat to kids between now and then, especially in school >> well, look, the best protection we can afford kids is by controlling the spread of the infection in adults. what we have seen in other countries is when the rate of infection goes down in the adult population, the rate of infection goes down in children as well. if we can control the infection in the adult population, children are going to be less vulnerable the vaccine for children under the age of 12, so the vaccine being formulated for children ages 5 through 11, is a
different vaccine in so far as it's a different dose. the dose that the adults are using and a dose that are being used in children above the age of 12 is a 30 microgram dose the vaccine pfizer is formulating for children ages 5 through 11 is a 10 microgram dose that's going to go through a separate evaluation process. fda typically views children 12 and above as little adults they'll use that as a barometer for how it's likely to perform in children. below the age of 12, fda does view the biology differently and they'll put those through a different evaluation process >> finally, there cdc said today, yes, we're considering booster shots for immunocompromised patients it was just one week ago the same cdc said it was too early to start talking about boosters for anybody. the messaging here is frankly quite inconsistent is it concerning >> well, look, i think the bottom line is we're going to be boosting some portion of the population anyone who gets a vaccine now,
that vaccine is going to protect them through the fall and winter anyone who got a vaccine over the summertime, most people got vaccines in april and may, when the bulk of the population got vaccinated those are likely to be durable through the fall and into the winter, especially considering many of those individuals were younger individuals who would get a more robust response we have vaccinated 1.34 million residence of nursing homes in december and vaccinated mest of the population under the age of 65 in january. our most vulnerable citizens were vaccinated early. what we're seeing in the data coming out of israel is the d durability of the vaccines isn't as long as we might have predicted at the outset. you see some decline in durability over time, particularly among older individuals. i think considering boosters especially in the older, more vulnerable population is something we have to do. other countries have already announced they're doing it, israel has, france has, the uk is boosting the population above 70 and walking it down to younger ages
i think we'll get there in terms of boosters particularly for the older population that was vaccinated in december and january. it could be you get a durable response once you get the third dose >> my father is 93 he lives in mississippi. and the health professionals down there just warned everybody who is older, wear a mask all the time when in crowded places. is that sort of thing coming to other areas, or is that specific to areas like theirs where vaccination rates are low? >> look, some parts of the country, i'm in connecticut right now, well over 60% of the population has been vaccinated you had a lot of prior spread, so a lot of immunity in the population you're likely to see lower infection rates, even with the delta variant, where you have seen a lot of spread and vaccination rates are high but in parts of the country where vaccination rates are low, and you haven't seen a lot of prior spread, so there's not a lot of immunity in the population, this delta variant could spread quite rapidly, and we'll see further spread we haven't seen the worst of the spread of the delta variant yet. if you're are in those parts of
the country and you're vulnerable, you need to take precautions. you're not going to see local officials implementing public health precautions against a backdrop where vaccines are available, a lot of people have had the opportunity to get vaccinated, so i think that's going to make public health officials and local officials more reluctant to implement the measures you're seeing los angeles take now >> dr. scott gottlieb, thanks so much >> millions of american families are receiving hundreds of dollars in their bank accounts today. courtesy of the federal government and the taxpayers. the funds marking the start of a new monthly child tax credit it was a cornerstone of president biden's covid relief package. he touted the payments as a giant and historic step, as he put it, ending child poverty in america. >> give you a sense of how transformative this is, this would be the largest ever one-year decrease in child poverty in the history of the united states of america as we begin now. historic reductions in child
poverty among white, black, and latinos and aapi communities >> the monthly payments are up to $300 per child. and they're expected to help families pay for things like day care, doctor visits, food, clothes, and school supplies but the credits are set to expire at the end of the year, and critics argue they're too expensive and might discourage people from mui is in washingt. what are you hearing from families >> well, shep, this is a very big experiment it's the first time you can get cash from a tax credit in advance and sent straight to your bank account every single month. >> i say $550 from irs i was so excited i was like, yes! >> she lives in shack with her two little girls and with her husband. another baby is on the way hers is just one of the 35 million families who got their payments today in total, roughly $15 billion went out the door.
democrats are trying to make sure voters remember that when they go to the polls in 2022, through campaign videos like this one and they're already promising to extend the payments for years to come if not make them permanent. >> to quote our dear friend, former senator and current president joe biden, this is a big f'ing deal one of the biggest f'ing deals that's been passed in decades and decades. >> the republicans warn the cash could actually discourage people from getting a job senator marco rubio said, the biden child allowance is antip-work, and it certainly isn't pro-family no one should be fooled. >> but she says that washington politicians don't understand how far she can make her money go. >> i'm putting a smile on my child's face when i'm able to go buy her shoes. i'm putting a smile on my child's face when i'm able to buy her mcdonald's when i can't afford it because it puts me a little over my monthly debt. $550 seems like it may be
nothing to them, but to a family like mine, it's something huge >> shep, today, she was able to pay her light bill and then went to target to stock up on groceries. >> thank you >> some of the suspected assassins in haiti were in fact trained by the united states military what the pentagon is saying. >> plus, a florida doctor alleged to be the mastermind of that attack. tonight, our conversation with someone who attended the meetings with him months before. >> he was accused of exual harassment by numerous women now, investigators are set to question the new york governor, andrew cuomo >> and america's new cy cyber bounty how the state department is offering big money to anybody who can help bring hackers to who can help bring hackers to justice. ♪ ♪ ♪
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some of the colombian commandos accused of assassinating had president of haiti trained in the united states they participated in u.s. military training programs when they were still active soldiers in the colombian military. more than a week after that assassination, the burning question remains, why? the answer so far has been convoluted haitian police say this man, a florida-based doctor and pastor, named christian sanan, was one of the masterminds of the operation. they claim this man planned to seize power after sending a hit squad of foreign mercenaries to gun down the president in his home "the new york times" reports in months leading up to the assassination, the doctor held meetings to discuss the future of haiti with some of the key players who are now under investigation, including the owner of a south florida private security company, who allegedly hired that hit team. i spoke with a man who was in some of those meetings
he's a retired economics professor in south florida and says there was no indication at all that the doctor planned to launch a coup. he says the doctor wanted to become a leader in haiti and was interested in the professor's economic development plan for the country. >> my understanding was that he wanted to become the prime minister of haiti. >> what was your impression of him? >> he was -- he's a very amicable person. well spoken. he was a gentleman as far as i'm concerned. >> about a decade ago, he posted videos on youtube calling for a change in leadership in haiti. look >> well, we had a sound bite there, but it wasn't available we have not heard from the doctor to get his side of the
story since his arrest >> investigators are set to question the new york governor andrew cuomo this saturday, regarding sexual harassment accusations against him. a source familiar with the situation tells nbc news two outside lawyers with the new york state attorney general's office will do the questioning several women have accused governor cuomo of sexual misconduct or harassment, including suggestive comments and unsolicited kiss on the lips and groping. governor cuomo has denied all allegations and has apologized for times that he said he unknowingly made women feel uncomfortable. a senior adviser told "the new york times," which first reported the news, we have said repeatedly that the governor doesn't want to comment on the review until he has cooperated no word on when the investigation will end, but the findings are set to be released in a public report >> dozens killed as floodwaters rush into germany and belgium. families rescued from roofs. rivers overflowing banks, and sewage flowing in the streets.
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veterans are pushing for access to weed as well. right now, doctors at v.a. hospitals cannot legally recommend medical marijuana to vets even in states where it's already legal. but veterans say medical cannabis saves lives and that they deserve full access like everyone else. so one group of vets in hawaii decided to sow their own greener pastures here's hallie jackson. >> on a spectacular stretch of land by the north shore of oahu sits this farm its exact location not publicized for security reasons. because inside these greenhouses sit 400 cannabis plants, grown by veterans for veterans so each of thee plants belongs to somebody. is that what these tags are on the bottom >> that's correct. yes. >> jason hanley runs this farm where people grow their own medical marijuana. a lot cheaper than if they had to buy it somewhere else >> how many of those patients that you serve are veterans, would you say? >> i would say about 50% >> that's a lot.
>> a lot of veterans >> these ten plants belong to gemma, a retired air force staff sergeant stationed in new york when 9/11 happened deployed to the world trade center almost immediately after the towers fell. >> about seven or eight of us got really sick, and i'm still the last survivor out of the group. >> it is stage four kidney failure in both of your kidneys. >> oh, yeah. >> what does that do to you? >> i vomit a lot i get weak stomach pains that can kill. >> osbourne was losing weight fast, in pain constantly, when she was persuaded to visit hawaii >> so what happened the first time you smoked cannabis to try to alleviate your symptoms >> i got really, really high so -- and that's important i got -- so i didn't feel the pain >> where would you be if you hadn't found this farm or cannabis >> close to death. closer to death. >> cannabis works for osbourne, and other vets like her.
problem is, they can't get it from the v.a it's against the law for government doctors to recommend it because marijuana is still classified as a schedule 1 controlled nar caughtic. that means right now, even in the 36 states plus d.c. where medical marijuana is legal to treat conditions like chronic pain, vets can only access it if they find it on their own and pay if it out of pocket. now a new push in washington hopes to change that >> when they say how come the v.a. can't do it, it's a affordable ixue. >> tim coin leading the way. >> might be a veteran saying i have chronic pain issues but opioids are dangerous. marijuana is better to manage it, but the v.a. hospitals, even in the states like virginia who allow use of marijuana for medical purposes, they can't offer it >> leah is still suffering with ptsd after 14 years in the navy. >> we should have a choice we dont want to take pharmaceuticals, we shouldn't have that be our only option to
pain are pharmaceuticals >> they tell nbc news the v.a. does not have a position on bills to authorize cannabis use for vets the v.a. pointing out its providers cannot help patients get it, but veterans will not be denied benefits for marijuana use. some vets are fighting the country they fought for, but that's not how osborne sees it >> i always tell people that's the best job i had >> in the air force? >> the ars force >> you just want to see them open the door to something that has been stigmatized for a long time, that you found is almost a miracle plant for you. >> absolutely. not almost it is. >> so part of the reason why some vets argue this is so important is because it expands the tool kit for their doctors right now, there are only two drugs approved to treat ptsd a new one not in nearly two decades. some advocates are saying this might be the time to at least open the door to something new something that they say works. shep, back to you. >> thank you >> the big easy is bouncing
back our american comeback series heads to new orleans, where a city built on tourism is welcoming people home. when hackers attacked the colonial pipeline, small mom and pop gas stations took a huge hit. and it was more than just the pumps running dry. now the little guys are fighting back that's next, as we approach the bottom of the hour and the top of the news on cnbc. ♪
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weighs in on the wild residential real estate market that's what's topping cnbc on the money >> the residential real estate market is on fire, and has been since lockdown, as more and more people move out of cities and into the burbs closing bell anchor sara eisen spoke with the treasury secretary janet yellen today she says we're not seeing the same type of housing bubble that infamously popped in 2008. but she did reveal what she's worried about. >> i do worry about affordability and the pressures higher prices will create for families for their first time home buyers or have less income. >> it's getting expensive. >> the new york giants running back saquon barkley cashing in on crypto. he's taking 100% of his end endorsement money in bitcoin
the 24-year-old has deals with nike, pepsi, toyota, and lots more barkley reportedly makes more than $10 million a year in marketing money. >> kn coca-cola now changing the flavor of one of its sodas again. the company revealing the taste of coke zero, the diet spin-off meant to resemble the classic coke taste officials say the change optimizes existing coke zero flavors and ingredients. whatever that means. some coke zero drinkers say they're a bit nervous. sort of a flashback to 1985 when the company's new coke debacle when they introduced the first formula change in 99 years the outrage bubbled over and the recipe tweak fizzled we'll see if the changes here are celebrated this time on wall street, the dow up 54 the s&p down 14. the nasdaq down 102.
i'm shepard smith. on cnbc. it's the bottom of the hour, time for the top of the news >> more than 50 people dead, dozens more missing, as torrential rains turn streets into rivers across western europe the tiger king scores a legal victory after a court rules the former reality tv star must be resentenced. >> and a new program that will pay big money to people who track down hackers >> the white house says it will offer up to $10 million in reward money for information identifying state-backed foreign hackers who attack u.s. infrastructure the white house is also launching a new task force aimed at curbing a recent rise in cyber hacks. officials say they're hoping to get more money back from past ransom attacks, just like they did with almost all of the $4.4 million from the colonial pipeline hack back in may. but there's another story there. gas station owners whose businesses were crippled by that attack say they aren't getting
back any of the thousands and thousands of dollars they lost when the pipeline shut down. cnbc's senior washington correspondent, eamon javers spoke with an owner who is now part of a group suing colonial >> i'm losing customers. i'm losing business. >> that's what ahmad, who knows by eddy, told his supplier when his gas pump ran dry after the colonial pipeline ransomware attack he manages an ez mart in wilmington, north carolina, where he sells gas and runs a convenience store. for eight days he had nothing to sell his customers at the pump >> when the gas is up, they didn't even blink. >> ez mart is the lead plaintiff in a class action complaint filed against colonial last month. they saw their sales drop nearly $8,000 in may, the same month ransomware gang dark side attacked the company >> the claim we seek to advance on behalf of the class is one of negligence that is this company was using
legacy system, allowing remote access without multifactor authentication and had many warnings that this could occur. >> this is one of the attorneys representing the plaintiff in the complaint, which alleges colonial fails to properly secure the pipeline, resulting in fuel shortages for more than 11,000 gas stations. in a statement, colonial tells cnbc it can't comment on pending litigation, but said the company worked around the clock to safely restart the pipeline. but its colonial's planning prior to the cyberattack that is central to the allegation of negligence, an issue that came up in a congressional hearing with the ceo >> did you have a plan for cybersecurity response that included guidance about ransomware >> senator, specifically, no no discussion about ransom and action to ransom >> the colonial case, unlike most cyber breaches which deal with stolen data, involves physical damage, and that
presents new legal questions >> the hackers, who are the bad guys, those are the criminals, but the question that's raised with this is what liabilities, what responsibilities does colonial have? colonial pipeline is the primary target, but other people are impacted by it >> and that's a question many companies are asking as virtually every industry from meat packing to i.t. software faces the threat of a ransomware attack at the ez mart, eddy says it took about a month for his customers to return, but business is now back to normal >> now, shep, this proposed class action complaint was filed in the northern district of georgia on june 21st colonial has until august 24th to file a response and pleading, and a judge will still need to determine if it meets the criteria for a class action. if the case moves forward as a class, it could be a years long legal fight. >> it will cost a lot of money too. >> these guys have had a rough
time >> clearly, they have. you shut down, what do you do? thanks >> you bet >> at least 60 people are confirmed dead after a once in a century storm triggered devastating flash floods in western europe and we just got word, more than 1300 people are unaccounted for. officials in germany now declaring a state of emergency, as heavy rain turns streets into flowing rivers researchers using these -- or rescuers using these helicopters to pull up families trapped on their roofs. the german army announced its deploying some 200 soldiers to assist in the operation. this drone video shows the extent of the damage the rushing water swept away cars, even knocked down buildings. a similar story in belgium, where some homes are too dangerous to stay in local officials are now asking residents to get out and move to higher ground. international coverage now from our sister network, sky news, and their reporter, michelle
clifford, in schuld, germany >> nothing could have prepared the residents for what happened here for the torrent of water that engulfed and destroyed their properties the water has receded now, but it's left much of the area in ruins. andreas had to wait hours to learn his indoors were safe. >> overnight, we were upstairs and it was dark because there was no light, no power and yeah, there were no phone connections. we tried to reach them all night and it was very hard to get them >> the house they have lived in most of their lives is uninhabitable. every floor destroyed and every neighborhood confronted by the same awful reality people here have expected flooding, but say they never imagined the sheer force of the water that burst through their village. destroying homes and businesses, and leaving hundreds here without power, gas, electricity, and clean water. but the rain and the floods have impacted way beyond this corner
of germany homes in eastern belgium are also under water after record levels of rain some properties are now too dangerous to stay in >> luckily, i have my sister, but now we have been told our house could collapse, so we have had to leave >> letitia shows us how far the water rose inside her property eventually, her family were forced to leave. >> around 4:00 a.m., the water started rising from over there i told my partner, and we were able to move the car out and quickly move a few things upstairs but then we had to go as the water rose so quickly inside the house. as we left, the water was up to here on me >> roads and transport links have been affected across a wide area and with already soggy ground, the worry is about more rain to come and what that could mean for many thousands of people michelle clifford, sky news, germany. >> the national interagency fire center has now declared the
united states at its highest level of fire activity the earliest such designation in the fire season in a decade. that means the more than 71 large wildfires burning might exhaust the nation's firefightering resources because at least 80% of wildland firefighting crews have already been deployed. there's a new wildfire erupting in northern california's beaut county officials say the dixie fire, as they have named it, started the day before yesterday and is zero percent contained. the yare caw just about ten miles outside the town of paradise that was the flash point of the deadliest wildfire in recent history, when the camp fire killed 85 people and destroyed that town. the red apple fire forcing evacuations for people in 1500 homes in washington state. officials say it may have been sparked by an illegal burn the sheriff's office says it searched a home where they believe it started and the bootleg fire in oregon still the largest in all the
country, now about 300 square miles, about the size of the five boroughs of new york city it's listed as just 7% contained, and fire officials say they expect it to keep burning for weeks. >> well, our american comeback series is in new orleans tonight, where almost a third of all businesses are small businesses since covid started spreading in the u.s., the number of small businesses in new orleans has dropped by nearly half that's from the city's business alliance last year, local officials estimated new orleans lost about $125 million per week in tourism revenue alone. but now, the local economy is bouncing back. cnbc's andrea day spoke with three entrepreneurs in new orleans about how they're adapting during the pandemic and making an american comeback. >> the one word that best described the past year is hell. >> for me, it's aspirational >> for me, it's patience >> this is new orleans,
louisiana, where three small businesses are making a comeback >> we were banking on tourism. >> but when covid hit, everything loretta harrison was banking on to fund her restaurant and candy business disappeared. >> we flatlined. there was no business. >> to bring it back to life, she started cooking for an organization that provides food for people in need >> it helped us to stay afloat >> a lifeline for loretta, until this >> good morning. >> a post on tiktok that went viral. >> it was a customer who came in, and she said, i heard all this talk about loretta's praline beignets >> you saw us on tiktok. it turned into a lot of sales. lines out the door my advice to others, small business owners, don't quit. >> from downtown up, to new orleans' first black-owned yoga studio, magnolia >> when i couldn't see my
community, i felt like i was melting. >> with members not allowed in the studio, revenue dried up, so she jumped into action, virtually. >> we just shifted it to now doing formal classes with them online it kept us alive >> and members are now back at the studio >> we're growing slowly but surely >> not far away is outdoor venue space, culture park. >> we survived katrina, we survived a pandemic. >> with big events cancel, nathaniel's business was tanking. >> it was sad. it was frustrating >> to stay afloat, he started renting the space out, one family at a time >> we did small gatherings, small birthday parties with live bands. they could bring lawn chairs out and hear live music. >> when the city reopened, business boomed. and out of the chaos - >> thank you >> -- major life lessons >> you have to think outside the box. >> don't take anything for granted. >> preparation is very important. the future is so bright. this is an illuminating time >> if you're able to approach
opportunity, you will survive. >> the future is stronger than ever >> talk about strong, loretta says that one post that went viral on tiktok is still to this day bringing customers in to her store with lines out the door. but don't even ask her for one of her famous recipes. she says to get that one, you'll need a very big check. shep >> just go shopping. thanks very much, andrea >> well, emv chips, those are the tiny little chips in your credit card. and they're causing big problems actually, they're not the problem. it's a lack of them because thousands of people on unemployment got their benefits on debit cards that don't have those chips. and a wave of fraud and theft followed our cnbc investigation next. plus, they said they tracked them down and they did multiple people arrested by british police for posting racist messages about soccer players. and the search is not over
danny fenster, the u.s. journalist detained in myanmar had a court hearing today. we reported on the 37-year-old arrested at myanmar's airport in may. at the time, he was about to board a flight to the u.s. he's the manager editor of frontier myanmar, and he faces an incitement charge that carries a penalty of up to three years in jail. his family says he's innocent. they tell cnbc his hearing was virtual today. the u.s. was not granted access, but his lawyer was the family says fenster has covid symptoms and they're pleading with the military to release him on humanitarian grounds. his next hearing is scheduled for july 28th. police in england have arrested five people for online racist messages directed at three black soccer stars after the european championship final. last week, jaden sancho, marcus rashferred, and saka missed their penalty kicks in a shootout against the italians.
a wave of online abuse followed with racist messages posted on their social media accounts. a mural of rashford was also defaced after the loss, but fans came the next day to cover the racist graffiti with paper hearts and messages of support the uk prime minister, boris johnson, says people guilty of racist online abuse against players will be banned from all future matches local officials say they're working closely with facebook, instagram, and twitter to tackle what they say is a significant number of reports of racist abuse. amid the pandemic, a wave of unemployment made jobless benefits a prime target for fraudsters according to recent data from the labor department, improperly payments amounted to $39 billion. the bulk of this fraud involved identity theft but more than 100,000 americans reported a different kind of scheme transaction fraud. that's when criminals steal unemployment benefits from people's accounts.
a cnbc investigation revealed that a cost-saving but outdated technology is fueling this type of theft here's cnbc's leslie picker. >> when schools and venues shut down during the pandemic, performer and part-time music teacher moon found himself out of work. those benefits were a lifeline until october when he found out all but a few dollars were stolen >> my am tire account was cleared out. >> without those funds, he becametemporarily homeless living in his car for weeks. >> to sleep, i would usually kind of lay against that side of the car and lay my legs over the center console >> moon and millions of other unemployed americans receive their state benefits through debit cards like these, but they lack chips, a common security barrier against fraud. still 45 states plus d.c. use debit cards. mostly without chips, although many also give recipients a
direct deposit option. our investigation found that states like california and nevada saw an outsized share of stolen benefits during the pandemic because they had a greater reliance on chipless debit cards. >> a card without a chip, that's really easy to copy. >> criminals can then take the duplicate card to an atm for cash, according to cybersecurity experts, such as ibm's charles henderson. >> it's just a matter of picking up a reader writer and duplicating it, just like a photo copy >> i would presume it would be impossible to replicate a card with an actual chip on it. >> it is extremely expensive and cost prohibitive for criminals to manufacture a card with a chip in it >> a big reason why these cards had a lower level of security in the first place comes down to cost california hired bank of america years ago to distribute unemployment insurance on its behalf their contract shows that the state only requested cards with magnetic stripes not chips. california recently extended its
contract with b of a, although the bank tells cnbc it would like to exit this business as soon a possible. that's because the bank says it's lost hundreds of millions of dollars in 2020 alone due to transaction fraud in state benefits >> i was shocked i couldn't believe it was happening. >> single mom vanessa experienced this fraud first-hand and blames the bank and the lack of card security. >> i had to actually break my son's piggy bank to have my son say he knows i'm stressing, that i'm struggling, that was the heartbreaking moment rivera along with candice and moon are part of a class action lawsuit against bank of america, alleging the firm failed to fully investigate their fraud claims and quickly credit their accounts when the funds were stolen together, they say they lost more than $10,000. >> i developed depression, anxiety. >> cool was at the grocery store trying to buy food for herself and her toddler when she discovered the missing funds >> i was sobbing i didn't know what to do because that was her life at that moment, and it was a really
scary moment >> b of a said in court documents from october 2020 through march 2021, about 255,000 fraud claims were filed, of which the firm approved repayments to about half in a statement to cnbc, b of a said its number one goal has been to insure legitimate recipients could access their payments >> what was going on was really exhausting >> after months of back and forth, bank of america gave moon, cool, and rivera credit for their missing funds, but they say their lives had already been upended >> this is people's lives you're messing with this is my life that you're messing with this is his life, her life i feel very, like, punched in the gut. >> amid our questioning over the last few months, bank of america and the state of california told cnbc they're in the process of transitioning to chip-based cards, pending california legislation would also add a direct deposit option for these benefits, shep >> i thought everybody had chips by now >> so did i. i have a chip in my cards.
>> i probably chipped my brain >> just the gift cards that's the last remnant aside from these >> great to see you in person, and one question, though do other banks provide unemployment services? >> it's a good question. we called the three other banks that do provide these benefits, including u.s. bank, comerica, key bank only key bank responded, declining to provide any further commentary on fraud incidents due to ongoing investigations. and as bank of america looks to exit this business, it recently seized work with states like iowa, kansas, nevada, and maryland >> all right leslie pickeric thank you. a man from iowa found with a rifle, cope, and handgun in his hotel room in chicago was not planning an attack at all. he was just planning to propose to his girlfriend, according to his lawyer cops arrested keegan castile on july 4th an a housekeeper led them to his room where they found loaded guns and five ammo clips. the mayor and the police
superintendent said he may have been planning an attack on a busy navy pier 12 stories below, but prosecutors haven't shoeb proof of that. his lawyers say that city leaders were trying to distract from the crime wave hitting the city and the increase in violence was actually the reason castile felt he needed to carry guns in the first place, as he went to propose to his girlfriend mm-hmm he said that the permit for the guns was from iowa, but it's not legal to carry them in chicago he's now facing two felony counts of aggravated unlawful use of a weapon and was released on bond. as castile left the jail, his girlfriend got out of an suv and he proposed. >> a mysterious disease is targeting songbirds in at least ten states hundreds and hundreds of the birds are dying. hundreds more showing eye injuries or nerve damage what fish and wildlife divisions are telling residents to do immediately. and some call him tiger king others, joe exotic
but we'll be all calling him a free man soon? a new ruling about his prison sentence, next ♪ ♪ ♪ hey google, turn up the heat. ♪ ♪ ♪ t-mobile is the leader in 5g. we also believe in putting people first by treating them right. so we're upping the benefits without upping the price. introducing magenta max. now with unlimited premium data that can't slow down based on how much smartphone data you use. plus get netflix on us, and taxes and fees included! you won't find this with the other guys. in fact, you'll pay more and get less. right now, pay zero costs to switch! and bring your phone -- we'll pay it off!
tiger king, he rose to fame in a popular netflix documentary that we all watched during covid, and fell to earth when he was convicted of murder for hire now, the tiger king could be out of prison far sooner than first expected a federal appeals court ruled just yesterday that joe exotic, legal name joseph maldonado passage, may be getting a shorter prison term. earlier last year, a judge sentenced him to 22 years in a federal lockup a jury convicted him on two counts of murder for hiel against carole baskin, and multiple counts of animal cruelty. an appellate court has now ruled the murder for hire conviction should be grouped together, and that ruling reduces the sentence under the guidelines so now, the trial court will have to resentence joe exotic, no word yet on when that will
happen take down your bird feeder that's the message from the massachusetts division of fisheries and wildlife, as a mysterious deadly disease ravages the local bird population birds like these, grackles, cardinals, and blue jays all affected the disease causes crusty and swollen eyes which makes it difficult for birds to see and also causes neurological issues like flying erratically. scientists haven't figured out what causes this, but it appears to be spreading. there are reports of infected birds in at least ten states officials recommend you take down your bird feeders and bird bath and report any sick or dying birds to local wild' life authorities. >> three yankee pitchers have tested positive for covid. that's according to yankees general manager who said they were all fully vaccinated. he said three more players also tested positive by rapid test. they're now waiting for results
from labs. in a statement, the league said the game was postponed to allow for continued testing and contact tracing. this isn't the first time the yankees have dealt with breakthrough infections. in may, nine players and coaches tested positive despite the fact they were fully vaccinated >> an 18-year-old now set to be the youngest person to fly in space. physics student oliver damon slated to ride along with jeff bezos, his mother mark, and pioneer wally funk on blue origin's new shepherd rocket set to launch next week. damian is flying in place of the anonymous $28 million auction winner who can no longer go because of what we're told is a scheduling conflict. no word on what that could be. blue origin says the teenager's father bought the seat for him >> 65 seconds on a race to the finish the fda signaling it could give the green light for kids under the age of 12 to start receiving one of the covid vaccines by early to mid winter. right now, only americans 12 and
older can get the shot millions of american families received their first monthly child tax credit in their bank accounts today. that's thanks to the covid relief package eligible families are receiving up to $300 per child >> and the new york governor andrew cuomo is set to be questioned by investigators on saturday in a sexual harassment probe new york's attorney general is leading the inquiry. the governor has denied any and all wrongdoing >> and now, you know the news of this thursday, july 15th, 2021 i'm shepard smith. follow us on instagram and twitter @thenewsoncnbc and listen to and follow the news on podcast on apple, spotify, and your favorite podcast platform for now, forget the podcasts settle in for in 90 seconds it's "shark tank. when technology is easier to use... ♪
dad, why didn't you answer your phone? your mother loved this park. ♪♪ she did. ♪♪ >> welcome to the shark tank, where entrepreneurs seeking an investment will face these sharks. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪♪ ♪ hey, sharks. my name is tony gauthier. i am scott hoag. and i'm wesley osaze. and together, we are the owners of... all: spretz!