tv The News With Shepard Smith CNBC July 22, 2021 4:00am-5:00am EDT
case, for the rest of her life. that's all for this edition of "dateline." i'm craig melvin. thank you for watching. [theme music] hell on earth and then some. extreme weather no longer a question of when but where i'm shepard smith. this is the news on cnbc >> extreme weather sweeping the globe. america, europe, and now asia. rushing waters trap and kill people on the subway city streets transformed into raging rivers. tonight, the worldwide impact. shots ring out in milwaukee. across the country, many fearful of a rise in crime the man hoping to be new york city's next mayor joins us
eric adams on his plan to stop the violence mandates and restrictions, cities debating new rules as the pandemic surges. we visit a hospital about to reopen its covid icu the alarming difference this time around. we want to do our job. >> a giant step backward the republican minority leader threatens to pull all his selections to investigate the capitol insurrection after speaker pelosi rejects two gop members. harvey weinstein back in court. american olympians sidelined with covid and acid shooting lobsters >> live from cnbc, the facts the truth. the news with shepard smith. >> and good evening. across three continents, cities are either on fire or under water. if the summer feels apocalyptic, for many, it is.
in china, at least 25 people are dead after the heaviest rainfall in 1,000 years in the u.s., more than 70 wildfires burning in the west. fueled by record heat and drought. streets in germany swallowed by torrential floods. forest fires, and a heat wave ravaging some of russia's frozen tundra climate experts say this is a crisis that demands attention right now. but covid has made that difficult. it's an excuse that climate envoy john kerry says can no longer stand >> i am very sorry to say the suffering of covid will be magnified many times over in a world that does not grapple with and ultimately halt the climate crisis we don't have the luxury of waiting until covid is vanquished to take up the climate challenge. >> speak to renowned climate expert andrew desler about the extreme weather. >> but first, to central china the latest region to suffer
mightily record floods displaced 1.2 million people there a normal year's worth of rain in just three days. officials say at least 500 people were trapped inside subway cars during the flooding. terrifying videos from inside. look at this showing people neck deep in water. local media in china reporting rescuers had to cut open the roofs just to pull people to safety officials say at least a dozen people died in the subway. cnbc's eunice yun begins our coverage from beijing. >> this is the result of the heaviest rains to hit central china in 1,000 years avenues barely recognizable. with traffic the city's 12 million have never seen. social media videos capture the rush hour that broke records four months of rainfall from 4:00 to 5:00 p.m. tuesday, when residents braved floodwaters in human chains
by car, and then by subway, after bus services stopped but within the hour on this subway line, calls for help. mayday, mayday, a man cries. flood barriers at subway entrances breached ten minutes later, all carriages halted the water is up to our waist, a passenger narrates in another subway car, tempers flare as fears about oxygen levels rise. along with the floodwaters stop talking, he shouts. outside, rescuers show up. among tens of thousands sent here by president xi who called for authorities at all levels to pitch in into the night, they rescued trapped school children, restored power, and moved residents to safety. throughout the province of hunan troops focus on breaches and
potential mishaps like this explosion at the aluminum factory. for now, back in the subway, a woman breathes a sigh of relief. firefighters have arrived, she says we're saved. local authorities estimate crop damage at $83 million so far with economic losses only expected to grow as heavy rains continue to pound the area for another day. shep >> eunice, thanks. >> four corners of the earth, there are disasters. let's turn to andrew desler, climate scientist at texas a&m andrew, how much is climate change exacerbating the intensity of these floods and the heat and the fires >> yeah, i mean, climate change is now a factor in every single weather event that occurs. and it's making heat waves worst. it's making intense rainfall worse.
it's causing sea level to go up. it's acidifying the ocean. it affects everything we experience now >> you have said recently that these disasters have you wondering if the climate models on which we have all been relying are wrong. what did you mean by that? >> you know, i think if you describe to me what's going on now a few months ago, i would have said you're crazy >> just a few months ago >> yeah, it sounds like a distopian sci-fi novel you kind of look around, you look at the pacific northwest heat wave. that is far greater than anything the models predicted. now, maybe that's just a very unlucky event and more research will be done on that, but you know y think the models do an excellent job on the global climate. as far as predicting extreme events, you know, it's looking like things are actually going to be worse than our worst case analysis i have to say, for decades people called climate scientists alarmists. you know, i think in the future, that's going to end up being a really sad commentary on inaction in the face of really strong science
>> to that point, if the models are indeed not capturing how bad all of this could get, are our cities prepared? >> yeah, you know, i think regardless of the extent to which climate change is affecting these events, the most important lesson that everybody should take from this is that this is just a small preview of what's coming. and our infrastructure is clearly not capable of handling this you look at the heat wave in the pacific northwest. you look at the floods in china. and europe and i mean, if we don't stop climate change from warming, if we don't take action, it's going to be an incredibly expensive, painful experience, as we have to rebuild trillions of dollars of infrastructure to handle a world with bigger heat waves, higher sea level, more intense rain events. it's going to be very painful and very expensive >> andrew dessler with a look ahead. >> covid watch more local leaders are starting to bring back mask rules
one of the latest is in pasadena the city in california will soon require everyone to wear a face mask indoors, vaccinated or not. officials there also working on a policy that would require city employees in pasadena to get a covid shot new york city just announced it will now mandate vaccinations or weekly covid tests for all public health care workers but mayor bill de blasio says he has no plans of asking people to mask up indoors, at least not now. >> if you're talking about fighting covid and the delta variant and winning this battle once and for all, a mask is like a peashooter and the vaccine is like a cannon. the vaccine is what actually wins >> to encourage people to get the vaccine, the republican governor of missouri announced a vaccine incentive program today. get this, he says the state will give 900 vaccinated people there $10,000 each
>> we encourage all missourians to consider getting vaccinated as almost all new covid hospitalizations can be attributed to unvaccinated individuals. >> and in south carolina, the covid icu at lexington medical center closed about four months ago. they didn't need it anymore. now they do. state health officials say they're considering reopening it the number of covid patients there by way of example increased from zero to eight in one week one doctor says it's almost like he's waking up from some kind of dream. there aren't still nearly as many patients as last summer, but the numbers are rising and fast, and the main difference between then and now is the age of the covid patients. health care officials now say they're treating much younger people in west columbia, here's allison barber >> while we were on that icu floor, a ninth covid patient arrived needing intensive care
of the nine that were in the icu when we were there, all but one of them were unvaccinated. in the first room, there was a 26-year-old directly across from him, there was someone in their 40s. in the room next door to that person, there was a patient in their 30s. all of them on ventilators we met one man who spent nearly two month in this hospital he was in the icu on a ventilator at one point, did not think he would survive. he was eligible to get vaccinated months before he got sick, but he didn't do it. he thought the vaccines were too new. it's a decision he says he regrets every day. he's hoping if people won't listen to their doctors, they'll listen to him. >> i would tell them go ahead and get the vaccination because the covid is for real. like, it had me on my dying bed. and i didn't know whether i was going to make it back or not >> we also spoke to one patient
who was a breakthrough case. she was fully vaccinated but got covid-19 and ended up in the hospital she has multiple sclerosis, ms, she tells us she thinks had she not been vaccinated, she would be a lot sicker, maybe in the icu. statewide, hospitalizations have increased by 103% because of covid-19 in less than a month. shep >> ellison barber from south carolina big picture now, the united states will keep its borders with canada and mexico closed to all non-essential travel, at least for another month. that's the word today from the department of homeland security. in a tweet, the agency wrote, the moves aimed at slowing the spread of covid, including especially the delta variant the announcement comes just days after canadian officials reported they would soon let fully vaccinated americans into canada crime in america tonight, the man who hopes to be the next mayor of america's largest city, eric adams' plan
to tackle crime in a place where he says lawlessness has become the norm coordinated attacks on retail stores. groups of thieves clearing off shelves, making a clean getaway. now businesses finding creative ways to fight back and a settlement an enormous one with companies accused of fueling the opioid epidemic the landmark $26 billion payout and importantly where that money is going >> announcer: the facts. the truth. the news "the news with shepard smith" is back in 60 seconds
the shootings as the united states is on track to have the deadliest year of gun violence in decades in new york city, shootings are up about 22% from the same time last year. and up more than 100% from the same time in 2019. that's according to nypd data. but it's not just shootings. murders also up by 3% from the same time last year and more than 38% from the year before. last week, during a news conference on gun violence, the democratic nominee for mayor of new york warned of rising crime in nyc and said, quote, we have surrendered our city eric adams now the brooklyn borough president, former police captain himself. sir, thanks so much for being with us. crime is obviously up across the country. it's up across the city. you have called new york city a place where lawlessness is the norm should you become our mayor, what do you plan to do about it on day one >> we want to really look at in particularly certain communities where we have normalized just
the lawlessness that you're seeing on so many different levels and it's just about being good neighbors again. how do we insure that we deal with some of the quality of life issues that we're facing everything from the gun violence that you're seeing, really being generated by gangs in our city, we're going to use precision policing, zero in on the gang members, and really partner with our local district attorneys so that we can stop seeing this commit crimes with revolving door of criminal justice system where people commit crimes with guns and they're out the next day that's just unacceptable and it really hurts the quality of life in our city. >> you know, our city has problems like cities all over the country. one with which i know you're familiar is washington square park i happen to live in that neighborhood during the pandemic, a lot of homeless people started sleeping there, some gangs ended up there. now there's a series of parties that spring up with people from all over the city. it's fairly well out of control as the city has admitted if you come in with a long arm
and show these scenes of clearing people out, that's no good so what do you do? where's the nuance >> great question. and you're right and sometimes when people talk about just using the washington square park issue, it's just for the affluent new yorkers who live around the park that's just not true i walk through the park the other day, and i'm often there, and my son and i, as we walk through, someone was injecting themselves with heroin right there in the park. that is not what our parks should be made of. so first thing we should do, we should temporarily close down the park to do a massive cleaning then, before closing the park down for a period of time, two weeks, to clean the park and get it back in order, prior to doing that, we should go there on the ground, interact with people, and give them the services they need those who are homeless, let's find housing for them and wrap-around services those who are drug users, let's get those who deal with mental
health illnesses and other issues that people are facing and give them the support. let's spend some time really giving the services in the park, close it down, clean it, and then reopen the park with a clear set of guidelines and rules. >> you have met with the president on gun violence. 376 shootings, mass shootings across the country this year alone. the gun violence problem, is there a way to solve it in this country under the current political climate? >> yes we have in america some of the finest law enforcement entities on the federal, state, and city levels what i shared with the president, that we need to do the same thing we did when we saw world trade center attacked with terrorism we need to do the same with guns and gangs. share the information and zero in on it we have to be honest we have ignored the handgun crisis that is predominantly in black, brown, and poor communities. we went after assault weapons,
but we did not deal with the handguns that was a big mistake let's stop the flow, let's go after illegal dealers, and let's zero in on gangs across our country, specifically, in general, but specifically here in new york city >> eric adams on crime in america. thank you. governor gavin newsom in california cracking down on crime at retail stores the governor signed a bill today. it would allow special task forces to focus on the problem the move comes after several viral videos that you probably saw showing people smashing store windows and shoplifting in the middle of the day. with how business owners are now responding, here is jacob ward >> in california, a pack of thieves flees with armfuls of stolen merchandise, security tags still attached. in washington, a coordinated attack on store shelves. in new york, another group strikes. >> turn around on your face. >> this isn't just shoplifting >> this isn't candy bars this is hundreds of dollars of merchandise.
>> yes, but we're really seeing the growth of organized retail crime. they prey on vulnerable folks. they'll go to a juvenile, a homeless person. they'll say here's $100, here's a list of things we need you to go in and steal. >> criminals often resell stolen goods online or return them for gift cards in san francisco, we filmed thim open market where stolen items are offered up every morning a report found $700,000 per billion in sales is lost to theft. less than a tenth doesn't sound like much, but when some items are sold at cost just to bring customers in, it's a big number. if you're a national retailer facing a shoplifting epidemic, what do you do in san francisco, six target stores are going to try to reduce their exposure by limiting their operating hours walgreens blames this sort of theft for closing 17 locations in the last five years retailers have reported a
roughly 60% increase in dollars lost since 2015. they point to several factors. reduced staffing during the pandemic and low morale. new hands-off store policies and lower penalties. california, for instance, raised the threshold for a felony charge from $450 to $950 in stolen goods >> some people calculate, hey, i don't want to go over the $950, so let me steal $949 worth of property >> san francisco's police chief says that means the stores have to be willing to detain someone. >> if it's a felony, our officers can take action but if it's a misdemeanor, that arrest has to be a private person's arrest. >> retailers now keep even low-cost items under lock and key. customers are forced to buzz associates for everyday items from toothpaste to hair products to that six-pack of beer >> is organized retail theft a big enough deal that it's going to change these stores, do you think? >> a lot of retailers are seriously thinking closing or
curtailing hours in a lot of different markets, in large part because of theft, and something that may seem innocuous is not it's scary and detrimental, extremely expensive. i don't like this, pull out my phone, i'm going to order somewhere else >> shep, industry experts tell me that retailers have in fact been experimenting with facial recognition systems and have used the technology to identify roving groups of thieves who go from store to store. in fact, one experimental system gives you and i a choice as customers. we can press a button to buzz over an associate to open a case or scan our own features into facial recognition now, it's important to note that retailers are not currently deploying that technology, and that is because these experts say they are worried that surveilling their customers may actually drive them away and it might cost retailers more than shoplifting has.t
>> jacob ward, thank you our crime in america series continues tomorrow night, including local reporting out of philadelphia with over 300 homicides in philly this year, we'll hear from grief counsellors who say their demand is up sixfold. and >> and a person who in 1992 negotiated the truce between the bloods and the crips, how to work to de-escalate situations before they turn violent, tomorrow night the committee to investigate the attack on the capitol falling apart. two of the republican picks rejected both parties trading blows as we hear from the only republican who is actually onboard. and some of the richest men in all the world have reached space. but thanks to a brand-new proposal, return trips may cost quite a bit more
team usa is ready for the olympic games... ...and so are mike and eddie! show me the olympics. they easily catch every single event with the award-winning xfinity voice remote. show me bmx racing! show me swimming. track and field. shot put. skateboarding. water polo. climbing! discus. surfing. dressage. dressage? it's horse dancing. magnificent. with the best of the olympics, and everything else you love, it's a way better way to watch! cheer on team usa with xfinity x1. say "show me the olympics in 4k" so you can watch in stunning 4k ultra hd.
in washington, the house speaker, nancy pelosi, today rejected two trump allies from serving on the january 6th select committee to investigate the capitol insurrection and now, the house minority leader, kevin mccarthy, is threatening to pull all his appointees and boycott the whole process.e vetoed gop representas ji speaker pelosi vetoed gop representative jim jordan of ohio and jim banks of indiana on january 6th, both congressmen voted to overturn the election results. even after trump supporters stormed the capitol.
today, leader mccarthy called speaker pelosi's veto an egregious abuse of power >> this panel has lost all legitimacy and credibility, and it shows exactly what i warned in the beginning of january, that pelosi would play politics with this. >> congresswoman liz cheney, speaker pelosi's republican appointee to the committee, blasted leader mccarthy's comments and defended the speaker's decision to block the appointees >> the rhetoric we have heard from the minority leader is disingenuous at every opportunity, the minority leader has attempted to prevent the american people from understanding what happened. to block this investigation. the idea that anybody would be playing politics with an attack on the united states capitol is despicable and is disgraceful. >> of course, house republicans stripped congresswoman cheney of her leadership position a couple months ago after she called out the former president's big lie over the election.
sahil kapur, they're fighting, so now what? >> shep, the reality of this situation is that this january 6 committee is going to begin its work and have its first hearing regardless of how this all shakes out speaker pelosi had vetoed two of kevin mccarthy's picks for this committee, and mccarthy has threatened to withdrawal all five of them unless one of them backed down, the committee is going to have to move forward with only the eight of speaker pelosi's choices which includes seven democrats and one republican in liz cheney at the end of the day, the strange reality of the situation, shep, is both parties are getting essentially a bit of what they want here. democrats wanted to do a serious investigation of the january 6th attack focused on that event without trump allies there to run interference on his behalf republicans had never been that enthusiastic about investigating that attack for the politically awkward fact it was supporters of donald trump who ransacked this capitol
they can move on, as kevin mccarthy suggested, to investigating other things, other forms of violence such as antifa and those associated with the political left, which they're more enthusiastic about doing. speaker pelosi's eight leaders have a quorum to continue this panel and begin work next week when it will hear from police officers and d.c. metro police and the capitol police who were defending against the attack >> sahil kapur, thank you. a state of emergency, a dangerous virus. a ban of spectators. not ideal conditions for any event, much less the opening ceremony how olympic organizers plan to pull it off. plus, another day, another team usa athlete tests positive for covid. we're live in tokyo with the latest, as we approach the bottom of the hour and the top of the news on cnbc.
- that moment you walk in the office and people are wearing the same gear, you feel a sense of connectedness and belonging right away. and our shirts from custom ink help bring us together. - [narrator] custom ink has hundreds of products to help you feel connected. upload your logo or start your design today at customink.com the biggest names in the business talking crypto. and that's what's topping cnbc's on the money >> tesla's elon musk and the square ceo jack dorsey, and ark's cathie woods discussing cryptocurrency at the b word conference some highlights include dorsey saying he thinks bitcoin will be the currency of the internet at some point cathie woods predicting apps will be built on top of blockchains like bitcoin and elon musk addressing accusations he's manipulating prices >> i might pump but i don't dump i would like to see bitcoin succeed.
>> house democrat taking aim at the billionaire space race with taxes. earl bloo oregon's earl bloom talking about carbon emissions or space tax act. it targets flights other than space research and aimed to charge a 10% per passenger tax, similar to those with airline tickets. >> and baby showers reimagined for the business world get this entrepreneurs are now throwing business showers for their new ventures the goal -- to build community support for their new endeavor, whatever it may be one company even offering a virtual kit called "start-up stork" to help you plan the bash congratulations, you're having an llc on wall street, the dow up again. 286. s&p up 36. and the nasdaq up 133.
i'm shepard smith. on cnbc. it's the bottom of the hour. time for the top of the news the new bill inspired by britney spears lawmakers from both parties taking on conservatorships but can they actually pass legislation that can help? inside a booming market for trading cards. see the tiny pieces of paper worth millions and the collectors willing to spend big. and let the games begin. even as another u.s. athlete tests positive for covid >> team usa men's volleyball player taylor krab could miss the games after he teste player taylor crabb could miss the games after he tested positive for covid the 29-year-old got the diagnosis shortly after he landed in japan. we don't know whether he was vaccinated but crabb joins three other u.s. athletes who tested positive tennis star coco gauff, kara ka. the cases come as cases continue
to rise in tokyo tom llamas is there for us thi eaker, and katie lou samuelson the cases come as cases continue to rise in tokyo tom llamas is there for us this morning. tom, covid continues to be a problem at the olympics. >> it does, shep great to be with you tonight more than 80 people involved with the olympics here in japan have tested positive for covid-19 here in tokyo or somewhere in the country and shep, i don't know if you shoot skeet, but if you do, there's no chance you could beat britain's amber hill she's ranked number one in the world, and she tested positive for covid in her home country so she's not going to be able to make it to tokyo this no doubt is still looming large over the tokyo games this as tokyo itself is dealing with a 150% increase in new infections week to week. one of the experts that advises this rate, they'll have about 2600 new the tokyo government said at this rate, they'll have about 2,600 new infections in two weeks. so people in tokyo are very concerned about covid. part of the problem, only 23% of them are fully vaccinated. so a lot of the frustrations
that people in japan have for the government about not rolling out the vaccine fast enough has been projected on the olympics i have been around tokyo i'm out of quarantine. i asked people, are you excited about the olympics they tell you straight to your face, we're not excited. we're very concerned we're going to watch on television but we're not happy the olympics are here, but the train has left the station competition has started here in tokyo, and the big news team usa softball starting strong, beating italy 2-0. i spoke with cat osterman. she pitched a shutout. she said it was weird to take the mound and look out and not see her family in the stands, but they're so happy to be here because softball hasn't been in the olympics since 2008. they were proud to represent team usa and had a disappointment last year when the games were postponed team usa soccer, women's soccer, a different story. a really rough outing. they lost to sweden, their archrival, who you may remember knocked them out of the quarterfinals in rio they lost 3-0. they said they know they have to do better.do
they just weren't ready. the commentators said they looked sluggish. they're the world cup defending champs i'm sure they'll be able to come back >> a new streak begins now tom llamas, thank you. >> for the first time, team usa will have two flag bearers at the opening ceremony one will be the women's basketball star sue bird today on the "today" show, she spoke about what it means to carry the flag >> i have been asked what my favorite olympic memory is of course, winning gold medals is number one, but outside of that, and it's my answer, true to form, i swear, is when dawn staley, who is now a coach, in 2004 got selected to be a flag bearer, because in my first olympics, we got to be at the front of the line. >> sue bird set to share the honor with eddy alvarez. he won a silver medal in the 2014 winter games in sochi as a speed skater it comes as first lady jill
biden landed in alaska before heading to tokyo here she is. she's scheduled to lead the u.s. deligation so far, olympic organizers have not revealed very many details about the opening ceremony, but one thing is crystal clear the pandemic will be front and center on friday, the world will finally come together for 2020's olympic opening ceremony even though the venue will be largely empty. after a billion dollar makeover to increase capacity, tokyo's historic olympic stadium will host fewer than 10,000 people. most of them dignitaries, sponsors, and vips in keeping with tradition, the white house says the first lady, jill biden, will attend. just as she did in 2010 at the vancouver games. but this time, she's going solo. >> you really have to be mentally prepared to go. >> so are many athletes. their friends, families, and fans not allowed to cheer them on in person >> that one will actually make me cry >> it's awful that we're not going to have fans
we're not going to have that experience >> team usa will once again wear ralph lauren, only this time they get a new accessory during the ceremony, organizers say they will pay tribute to those who died in the pandemic but most other details are still top secret we do know this year's theme united by emotion. and officials promise the 2020 games will be more inclusive than ever before >> we are -- >> united by emotion >> instead of one flag bearer, most countries will have two a man and a woman. >> in japan, it's very cognizant of the inequities that have been accentuated in our pandemic world. in japan, as elsewhere, and they're very intent upon trying to deal with these inequalities. >> whether rio, london, beijing, or athens, host cities fill the ceremonies with celebrations of their culture.
tokyo should be no different that could include japanese icons like super mario and hello kitty. both made cameos in 2016 as rio handed the baton to tokyo. >> since 1964, japan and its sort of global soft power has come to be defined less by kimono, less by these traditional arts and crafts, more by animation and j-pop and you're going to definitely see more of that >> for hundreds of years, the olympics have endured through challenging times. and organizers say they're hopeful they will again. and the summer olympics in tokyo just about a day away, you can watch the games across all of our nbc properties including ones i'll be hosting in primetime starting monday night right here on cnbc havana syndrome. figuring out who and what is behind it.
♪ ♪ the disgraced movie mogul harvey weinstein pleading not guilty in a los angeles courtroom today to four counts of rape and seven counts of sexual assault weinstein appeared in a wheelchair, his hands shackled to the arm rest. he's already serving 23 years in prison after a jury convicted weinstein of rape and sexual assault in new york. his lawyers tried to stop the extradition to california, but they lost a lengthy court battle and weinstein arrived yesterday in l.a. on this private jet. >> drug companies settling for a landmark $26 billion to resolve nearly 4,000 opioid crisis lawsuits that deal with the country's
three largest drug makers or distributors, i should say, mckesson, cardinal health, and amerisource bergen, it's expected to pay a combined $21 billion, and then the drug maker, johnson & johnson, $5 billion. state and local governments accuse the companies of fueling the opioid epidemic, which has killed half a million americans over the past two decades. deaths from opioid overdoses reached a record high last year. here's cnbc's meg tirrell. >> a group of state attorneys general calling the deal the second largest cash settlement in american history. behind the landmark 1998 settlement with tobacco companies, for more than $200 billion. >> these companies continue to profit off the misery, the death, the destruction nationwide, and today we put an end to it. >> the deal doesn't cover purdue pharma and its billionaire owners the sackler family, negotiating a separate settlement as purdue goes through bankruptcy or a number
of other companies also facing opioid litigation. it's not a completely done deal yet. while at least 14 states express support for the settlement, all states have 30 days to sign on, and then another few months to convince counties and cities within their states to join as well the more that join, the larger the payout overall if a certain threshold isn't met, the deal may fall apart none of the companies in the settlement admitted wrongdoing north carolina attorney general josh stein said they expected more than 40 states would ultimately sign on and unlike in the tobacco settlement, which saw the money put to other uses in states, this deal is designed to address the opioid crisis. >> the $26 billion agreement will bring desperately needed resources home to each of our states an estimated $750 million here in north carolina. to help people struggling with opioid use disorder find hope, freedom from addiction, and happiness. >> not all states are onboard,
though washington's attorney general this afternoon rejecting the deal, saying it's not enough money for the state. and they think they can do better in court. their trial against the three distributors is set to begin in september. shep >> meg, thanks as expected, senate republicans have blocked a vote to start debate on a massive infrastructure package gop leaders demanding more time for a bipartisan group of senators to finish the infrastructure bill, but the senate majority leader chuck schumer says the senate has already waited long enough and it's time to get this ball rolling. cnbc's senior congressional correspondent ylan mui now what happens next? >> well, shep, they keep talking. even though that vote did fail along party lines, every republican opposed it, democrats voted for it, the vibe on the hill was still pretty positive you could even see democrat mark warner and republican susan collins chatting and laughing on the senate floor while the vote was taking place they're two of the senators who
have been deeply involved in negotiating this agreement and just moments after the vote failed, the bipartisan group released a statement saying they have made, quote, significant progress in their discussions and that they're optimistic they can advance this historic bipartisan proposal to strengthen america's infrastructure and create good paying jobs in the coming days republicans said that could be as soon as monday, but they just weren't ready today. >> there's no outcome yet. no bipartisan agreement. no text. nothing for the congressional budget office to evaluate. and certainly nothing on which to vote. not yet. >> and even though he pushed ahead with the vote, senate majority leader chuck schumer tried to lower the stakes. >> i have been very clear about what this vote is. this vote is only the first step in the legislative process on the senate floor
this is not a deadline to have every final detail worked out. it's not an attempt to jam anyone >> now, this all went down while president biden was on his way to ohio to drum up support for infrastructure white house press secretary jen psaki did downplay this procedural delay as just part of the legislative process, and when president biden was asked if he thinks he'll be able to get a deal, the president was confident and responded, yes, we will >> ylan, thank you there is one issue that is gaining bipartisan support on capitol hill and that's conservatorships. catapulted into the spotlight by the free britney movement. charlie crist and republican congresswoman nancy mace unveiled a new bill called the free act they say it would give more protections to people under conservatorships lawmakers from both sides of the aisle have weighed in on britney spears' guardianship, including republican senator ted cruz, who says he's unequivocally in the
camp of free britney and democratic senator elizabeth warren who called in the federal government to provide more data on conservatorships. this all comes after last month britney spears testified in court that her situation was abusive, and that she wanted her dad's control over her life to end. david henderson now, civil rights attorney, former prosecutor, cnbc contributor david, legally, what sort of impact could this free act have on britney's case specifically >> well, shep, it's not going to have much of an impact on britney's case, and honestly, britney doesn't need it. the whole reason she's able to get the ball rolling is the reason why, but the name here says it all. freedom and right to emancipate from exploitation is what free stands for what it's going to do is gather more information about who's in a conservatorship because we don't know much about it people will have the right to have a public guardian appointed instead of a private guardian with a vested interest in their case they're also going to have the right to have an independent case worker evaluate what's going on
>> not for britney but for others and for the future, this could have a real impact >> it really could, shep you know, it's hard to think about why everyone would rally toward supporting britney if you assume this is just a case about a pop star but it's grown to be much more than that and it's almost like a choose your own adventure novel why you want to support the free britney movement, which gave rise to this >> go ahead. >> no, no. >> i was just going to say, maybe it's because so many of us were in on it. whether over the decades we read all of the clips, read all about her life and laughed and talked about it, or like i used to host a newscast on another network, and night after night, we had a segment, america's brit brit tonight. and we would lay it all out, and in hindsight, it's embarrassing and i wish it had never happened we all understand better now you know, you worry about people in this sort of a situation. how do you get out of it i don't understand it. >> shep, that's a good point i think that's part of the
reason why we have this act, because if you look at britney's case, the only reason i think we know about this at all is because it happened during the pandemic if this hadn't been during the pandemic, the lawyers and judge would have cleared the court we wouldn't have heard anything about it i agree with everything you just said, and also, most of us fear that one of our parents will be elderly one day and we worry about how their needs will be provided for this hits at the heart of the issue. >> at the vulnerable here and everywhere david, always good to talk to you. thank you. >> likewise. a cia task force is now investigating the havana syndrome and the leader of that task force is a veteran officer instrumental in hunting down and finding osama bin laden. nbc news confirmed that news today. this person who is still under cover is a ten-year veteran of the cia's counterterrorism center as many as 200 americans have reported cases of this havana syndrome in every continent except antarctica.
symptoms of brain injuries and vertigo or a piercing or grinding noisee trading card mas hotter than ever a tiny piece of cardboard worth $1.5 million the trading card market is hotter than ever up next, a world famous dj shows us his rare collection, and you'll meet a family of five spending thousands of dollars a month on their hobby and some fresh content for your worst nightmares. the vinegaroon part scorpion, part spider, all evil, currently taking a break from the eighth circle of hell to visit our parks and spray acid from their tails. thanks so much
every day in business brings something new. so get the flexibility of the new mobile service designed for your small business. introducing comcast business mobile. you get the fastest, most reliable network with nationwide 5g included. and you can get unlimited data for just 30 dollars per line per month when you get four lines- or mix and match data options.
the market for trading cards is booming right now ebay reports people have already spent more than a billion dollars just this year company officials say about 139 cards are sold every single minute and when you do the math, that's more than 8,000 an hour. and a whopping 200,000 cards a day. trading hands online marketplace. collectors with both big and small budgets treating them as investments, with some of the people behind the trading card boom, here's cnbc's andrea day >> trading cards from pokemon to baseball are skyrocketing in value. some of the tiny pieces of cardboard far outpacing the stock market, and collectors from moms to superrich deejays are cashing in >> i pick up my phone, and i'm on ebay and i'm scrolling through. >> deejay and music producer steve aoki says he was card obsessed as a kid and during the
pandemic, he got back into it. >> i'm still heavily involved in buying and not really selling so much >> how much have you spent so far? >> oh, already over a million. >> the famous deejay turned card head is so into it, he's taken a job at ebay promoting the company's trading card marketplace. >> my top dollar was this card right here it's called the illustrator. this is the most desirable rare pokemon card ever. i bought this for $420,000 this thing is 100% over $1.5 million. >> am i a bad mom because i think i threw out my kids' pokemon card collection? >> my parents threw out all my cards. i think you're one of, like, a gazillion moms >> not this mom of three >> we keep our cards in closets, under beds, in binders you can definitely tell we're a card collector family. >> jenelle started collecting a
few years ago. when her husband had trouble finding cards at stores, she was bit by the collecting bug. >> one of our most prized possession cards we got out of a $10 pack was a luka doncic rookie card that now sells for $800 >> that's a 7,900% increase on her original investment, and it sparked even more collecting >> we spend about $1,200 to $2,000 a month on cards. my goodness, that's a lot of money. >> the boxes of cards, she says, an investment for her children >> holding on to some of these sealed boxes for my kids in the future will definitely be an asset for them >> here's the kobe >> for collectors on a budget, alternative asset investment websites like rally are making it easier to get in on the action brad sherman signed up with the company that sells equity shares of coveted items, like classic
cars, rare timepieces and trading cards. >> fractional share opportunity is a great way to invest and not take on the risk of owning the whole thing. >> he and his two kids recently purchased two $25 shares of this original pokemon card set. current value, around $125,000 >> it's very fun to do it with my dad >> and dad's hoping the passion for pokemon turns into a valuable lesson. >> i hope to teach him that a $25 investment in a very rare pokemon set that could be worth five times the investment. >> and shep, talk about investing. you know, steve's pokemon cards we told you about earlier? he's so sure those are going to skyrocket in value, he's not storing them at home he's got them all locked up at a top-secret vault off site, just like a picasso or something. >> that's a lot of fun andrea day, thank you. first murder hornets, then brood x cicadas, the once in a 17-year pest that tortured the
northeast. and then the smelly sex crazed salt shakers of death, but they all pale in comparison to this thing, the acid squirting land lobsters from hell that's what one reporter called them vinegaroon is the official name. when prompted, they shoot a vinegar like acid out their tails. most recently spotted in big bend national park in west texas. vinegaroons are nocturnal, live mostly underground, so it's rare they make human contact. but when it rains, they come out of their burrows looking to eat and mate maybe the park service says they're relatively harmless unless you annoy them 60 seconds left on a race to the finish extreme devastating weather sweeping the world at least 25 people dead in china
after the heaviest rainfall there in 1,000 years a fourth u.s. athlete has tested positive for covid just before the tokyo olympics opening ceremony nbc news confirms u.s. men's beach volleyball player taylor crabb will miss the games after he tested positive when he landed in japan. house minority leader kevin mccarthy threatening to boycott the committee to investigate the capitol insurrection after speaker pelosi rejected two of his appointees and now you know the news of this wednesday, july 21st, 2021. i'm shepard smith. follow us on instagram and twitter @thenewsoncnbc and follow your podcast on your favorite podcast platform
- [narrator] as you get ready for what's next, custom gear from custom ink can help make the most of these moments. we've developed new tools to make it easy for you. custom ink has hundreds of products to help you feel connected. upload your logo or start your design today at customink.com it is 5:00 a.m. on cnbc. here is your top five at 5:00. the rebound rolls on stocks looking at more gains as markets up on the week even after the monday meltdown maybe it is solid earnings numbers have been strong today, you will hear from at&t, intel, twitter and many more it's a bitcoin bounce on comments from high profile supporters but covid concerns remain around the world with las vegas sands running into trouble i