tv The News With Shepard Smith CNBC November 5, 2021 7:00pm-8:00pm EDT
growth an that is now something that peloton lacks which is why i would be a seller on next bounce if you haven't sold it already. i like to say there is 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 on monday nancy pelosi's caucus in chaos. progressives and moderates at odds as a crucial deadline looms tonight. i'm shepard smith. this is the news on cnbc democrats scramble to get the biden agenda through talk of voting on the infrastructure bill, but house progressives want more can they get anything done before they leave for recess tonight? >> americans are getting back to work. >> job creation bouncing back, unemployment going down. they're the best numbers of the pandemic but should we still be concerned? pfizer with remarkable news
on a covid treatment >> i think this medicine will save millions and millions of lives. >> a pill that the company says is highly effective. together with vaccine mandates, new hope. >> by january 4th, this pandemic may well be over at least as relates to the united states. a teacher killed. >> i just don't know why anybody would want to hurt her. >> her body found in this park now two teens charged with her death. new york's next mayor pushing to get paid in bitcoin the fbi set to crack down on unruly passengers. and aaron rodgers breaks his silence on why he didn't get the vaccine. >> announcer: live from cnbc, the facts, the truth, the news with shepard smith. good evening democracy is messy tonight especially so. what's happening in washington right now is not unprecedented but it is extraordinary to watch. the party in power at odds with
itself at issue, spending bills and the problem, democrats have not been able to come together at all and unless they do, president biden's promises could collapse. and now the time has come. tonight house democrats say they are finally set to vote on the bipartisan infrastructure bill the latest announcement after months of negotiations, infighting, delays and growing pressure to at long last deliver on president biden's agenda. speaker nancy pelosi has been racing against the clock to whip up enough votes. her original plan was to pass infrastructure and the massive social spending package today before all of the house leaves for recess tonight, but she had to delay the vote on the social spending mega bill and that is not sitting well with progressives in her caucus they are at this moment a lot of moving pieces and cnbc's senior congressional correspondent,
ylan mui is tracking the latest developments ylan, does she have the votes? >> reporter: well, if she had the votes the house would be taking the vote. right now the bipartisan infrastructure framework, sometimes called the bif here on capitol hill, still has not come to the floor even though just a few hours ago pelosi sounded determined to push it through. >> the fact is we believe it is necessary to pass the bif so that these jobs can come online as soon as possible. we have waited a while we had hoped to pass it sooner but we can't wait too much later for the legislation. >> reporter: now, the compromise that leadership had been counting on was to pass infrastructure at that and promise to pass that bigger social spending package by thanksgiving that strategy did appease moderates like representative carolyn bordeaux who were concerned about the costs and wanted more time to see the
details. >> i ran on fiscal responsibility, bipartisanship, tackling covid, addressing health care. i think the democrats need to recenter themselves around this very pragmatic message. >> reporter: but this move angered progressives who still do not want to split up these bills. they have the numbers to zisink the vote tonight and pelosi knows it. >> do you worry it looks like the democrats can't get out of their own way? >> welcome to my world. >> reporter: president biden is now getting involved, calling the head of the progressive caucus talking to her about this vote shep, this morning the president called on every member of congress to vote yes on both bills right now, but so far they're not listening. >> the clock is obviously ticking. we'll come back to you if they actually do anything covid-19 pandemic could be over in the united states by early next year. that is the brand new and
encouraging message from none other than the former fda commissioner, dr. scott gottlieb. >> the bottom line is we have an overwhelming toolbox to combat covid. by january 4th this pandemic may be over after we get through this delta wave of infection. >> music to our ears he says the end of the pandemic is in sight, thanks to vaccine mandates and new therapeutics that he says could soon become widely available and easy to use. specifically he's talking about covid pills. new today, pfizer announced its anti-viral pill cuts the risk of hospitalization or death by 89% in some high-risk adults the company's ceo told cnbc first this morning they plan to submit data to the fda before thanksgiving the announcement comes a day after the uk became the first country in the world to authorize merck's covid pill an fda panel scheduled to meet later this month to discuss whether to recommend the drug for certain americans. right now johns hopkins reports
we're averaging about 72,000 new infections a day, but that's a 55% decrease from just two months ago data shows hospitalizations and death overall are both down. day by day, more young kids are getting their first covid shots and more vulnerable americans are getting their third. as vaccination rates increase, experts say cases will continue to drop and the economy will continue to heal this morning we learned the united states added 531,000 new jobs last month, and with businesses hiring more workers, the unemployment rate dipped to 4.6% that's a brand new pandemic low, according to the labor department president biden celebrating the news today. >> america is getting back to work our economy is starting to work for more americans there's a lot more to be done. we still have to tackle the cost that american families are facing but this recovery is faster, stronger, fairer and wider than almost anyone could have predicted. >> the economy may get a big
boost from international tourists ahead of the holidays because the united states is set to lift its year and a half long ban on foreign travelers, starting on monday those tourists must show proof of vaccination and a negative covid test people crossing the borders from mexico and canada will also be allowed to super the country as long as they're fully vaccinated steve liesman is on the economic recovery, rahel solomon on the boost to travel. first our health and science correspondent, meg tirrell meg, when could americans get this pill? >> hey, shep potentially as soon as january if the fda goes by a similar timeline as it did for merck's pill which it's set to review at the end of this month. those results came in about a month before pfizer's. with the new findings today we're set to potentially have two new options to treat covid at home early in the course of the disease. both merck and pfizer's drugs
prevented all deaths and while merck's reduced the risk of hospitalization and death by 50% overall, pfizer's lowered the risk by 89%. >> this is a fantastic demonstration of the power of science. i think this medicine will change the way things are happening right now. >> now, pfizer is scaling up manufacturing and expects to produce 50 million treatment courses next year. it's ceo tells us the company is in discussions with 90 governments around the world and the pricing structure could be similar to merck's drug. pfizer says it plans to charge lower income countries less. so what does this mean for the vaccine? it's not a replacement says pfizer's ceo. >> the fact that we have a treatment is not at all a reason not to take the vaccine. in fact, we should take the
vaccine. this is for sick people. if the goal here is to prevent people from getting sick. >> a perspective echoed by many in public health while the initial authorizations of these drugs are likely to be just for people at high risk of bad outcomes, pfizer is running additional studies in everybody else so it may become a broadly available option shep. >> sounds wonderful, meg, thank you. there are more promising signs that the u.s. economy is starting to come back. businesses hired many more workers last month than the economists had predicted still, employment remains well below pre-pandemic levels. news team coverage continues with senior economics reporter steve liesman. steve, where did we see the most gains? >> so there was good job growth all around, but leisure and hospitality led the way. and you want to see it lead the way because it was one of the hardest hit from the pandemic. it tells you people are going out and about again after maybe sheltering from the delta variant. construction and manufacturing also had a good month.
that's good news for housing supply and also getting goods back on the shelves. >> but there's still millions of americans who just are sitting out this job market? >> yeah. so we're still down some 3 million workers who have left the workforce. the upside is we're filling jobs from the ranks of the unemployed they're still part of the workforce. that's fallen by 3.3 million this year. that's a good number it may be that some of those who have left the workforce, seniors and women especially, aren't all coming back. you can see here the labor force participation rate basically flat for months now. we'll have to see in coming months if they can be drawn back in with higher wages we've also lost a lot of immigrant workers that we need back in the u.s. economy. >> and, steve, wages are up, but so are the prices for just about everything >> yeah, both are up so far wage growth is not keeping place with inflation we'll have to have inflation fall if people wanting to enjoy a higher standard of living. the key is getting the virus
behind us. revving up the economic engine to full rpms so we can produce and import and ship all those goods people wanting we took a strong step in that direction with today's report. millions of vaccinated international travelers once again will come to the united states starting next week. exciting news for friends and family who have been separated since america closed its borders to much of the world last year it's also going to be a boon to industries across the country. here's rahel solomon. >> reporter: come monday morning u.s. airports will likely look and feel a lot different delta airlines reporting many international flights monday will be 100% full. the high passenger volume is expected to continue for weeks now that children can also be vaccinated, family travel is also likely to pick up, just in time for the holidays. but it's not just airlines that are benefitting from the
restrictions easing. >> the rebound is unmistakable. >> reporter: uber's ceo says that ride sharing is also strong. >> as the world is opening up, so is our business we had an all-time high in terms of gross bookings, 23 billion. >> reporter: and wall street took notice. stocks of companies benefitting from the return to international travel were higher friday. from hotels and cruise lines to airlines, ending the day in positive territory airbnb closing at nearly 13% higher airbnb's ceo, brian chesky said on an earnings call thursday that within a week of president biden's announcement, international bookings rose 44%. >> it is now 80% of what it was at its peak. it used to be half our business and went down quite a bit. now it's one-third of our business and growing again. >> reporter: and for travelers looking for more traditional lodging, hotels also appear to be part of the bounce-back. >> business travel is picking
up groups are meeting again transient demand is very, very strong. >> reporter: now, one thing that hasn't been so positive for businesses is the labor shortage, which means fewer service workers and likely longer wait times for travelers. shep >> rahel, thank you. so covid cases shall drop, the economy is rebounding and borders are opening. we've all been waiting for this moment and waiting for the pandemic to finally endi as we've seen time and time again, covid is anything but predictable. despite all this good news in, some parts of the country they are reporting sharp rises in infections for example, hospitals in colorado now have the green light to turn away patients because they're running out of room doctors can also prioritize care to those who need it the most. the data shows covid hospitalizations in colorado increased by nearly 50% over the past month overseas, the world health organization warns europe is once again the epicenter of the global pandemic. in the united kingdom, cases are
way up and they're rising in france and germany as well in fact, the german health minister says that the pandemic is, quote, anything but over uneven, unpredictable, and unprecedented. in this iowa park, the body of a teacher found two teenagersnow charged with killing her, and police say social media helped them locate the victim and start making arrests. this they call methadone mile addiction and homelessness running rampant. an inside look tonight at a humanitarian crisis playing out in boston. and the truck driver who pulled off a stunning political upset is suddenly facing calls to resign. what he wrote that has him in trouble before he even takes office ♪ ♪ ♪
two iowa high school students charged now in the murder that happened yesterday of a spanish teacher investigators say the students documented it all on social media. the victim's name was naomi graber they found her remains in a park covered with a tarp and a wheel borrow and railroad ties she suffered trauma to her head. the suspects, two 16-year-olds are being charged as adults with first-degree homicide and conspiracy to commit homicide. both are being held on a million dollars cash bond. court documents show they don't yet have attorneys nbc news is not naming or showing them at this time because of their age investigators say an associate of the suspects, that's how they put it, showed them social media exchanges that provided details on the suspects' motive and the planning and the execution of the murder and how they tried to cover it up. not just iowa, school districts
across the country are reporting a troubling series of attacks on teachers in parkland, florida, a freshman at marjory stoneman douglas high school attacked a teacher in the classroom. the 14-year-old student accused of attacking sharon cutler she teaches finance-related classes at the school. the arrest report said the student hit the teacher several times in the head and in the face, put her in a head lock and bit her pinkie finger. the student faces a felony battery charge and is on house arrest the school district has recommended that she's expelled. in peoria, illinois, a student attacked a teacher at mark bills middle school, according to a teachers union official that official says the attack was a traumatic event, but did not provide more details in order to protect the teacher's privacy. a student in boston punched a high school principal so hard she was knocked out for at least four minutes according to the
police report. that report says when the principal woke up, she didn't know where she was, was crying uncontrollably, and had to go to the hospital witnesses say they saw the student punching the principal and pulling her hair the report also states the student told police she was angry because the school staff wouldn't stop following her. the aclu of massachusetts is suing boston the group says it's representing homeless people who were evicted from what's known as methadone mile the acting mayor told our local nbc station she couldn't comment on the lawsuit the encampment has grown in recent months as the pandemic exaggerated the nation's drug epidemic boston official ordering people living in the tents on methadone mile to clear out by this past monday it's been a hub for diseases, sexual assaults and human trafficking. >> reporter: it's 9:30 at night in boston.
a glass pipe is scratched across a wall, a man preps his needle, another snorts something out of a bag. this is methadone mile, a village of addiction and homelessness tents and tarps run down the block. hundreds of people live here at least one is trying to get out. >> we can already tell not everyone from here is going to make it. some of them won't make it until tomorrow. >> reporter: jackie sierra is staring at a laptop. she's taking college courses online internet access is coming from a cell phone dried blood runs down her arm. jackie was shooting up just a few hours ago. >> i know there's got to be way out or something better. i look at everyone walking by and i don't want that to be me any longer than it has to be. >> reporter: boston police say they have gotten 1100 overdose calls since the beginning of the year 172 calls for stabbings. 12 calls for rape. >> tents and temporary shelters will no longer be permitted in the city of boston. >> reporter: on monday, city
workers started clearing tents, but they haven't gotten far. the city tried this before in 2019 boston police executed operation clean sweep. it happened after a fight involving an off-duty corrections officer. the streets are clean, but the people came back so did the tents mayor-elect michelle wu says beds are available in shelters but there are questions about safety. >> what we know has worked in the past is when individuals are connected to housing, whether that it's hotel rooms or buildings retrofit to have a hotel or apartment-like setting. >> reporter: erin splain has lived here for a year. >> i don't want to live down here i just want housing. >> reporter: she trades stolen candles for a place to sleep. >> i'm worried about my sleep. how did your mom die she died on mass av. >> reporter: jackie sierra says it's only up to her to get out
of here. on her tent it reads hated by many, loved by none. >> citizens are nervous about walking through here during the day or even at night you don't think i'm scared to be here all the time? >> reporter: jackie and erin say they have no idea where they are going to go. michelle wu is taking over as mayor in a week and a half from now and calls this a top priority it is cold out here, going down to 30 degrees overnight. we saw people staying warm by a candle. >> perry russom in boston tonight. there's new action to report on the mysterious havana syndrome today secretary blinken made his most extensive comments yet, announcing new steps that the administration is taking to figure out what exactly is going on the incoming mayor of new york city on the left here competing with the mayor of miami on the right the new friendly rivalry has the crypto world taking notice
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the state department announcing a new leader for its task force investigating havana syndrome cases his name is jonathan moore secretary of state tony blinken says he's a veteran diplomat with extensive experience in russia policy. >> we will do absolutely everything we can, leaving no stone unturned, to stop these occurrences as swiftly as possible and while i can't go into all the ways we're doing that, i want to assure you that we're pursuing every possible lead and sparing no resources >> well, the mysterious condition known as havana syndrome has been striking american diplomats, intelligence officers, government workers and their families all around the world. some have reported hearing strange sounds before suffering brain injuries, dizziness and other unexplained symptoms one of the theories is a foreign adversary is using a microwave device to either spy on or attack americans with directed energy secretary blinken says a new
technology will be deployed in an attempt to protect personnel serving overseas but didn't explain at all what this new technology is. he also appointed the former ambassador to montenegro to lead a team investigating those affected by the attacks. the man who beat the state senate is facing calls to resign ed durr is apologizing for posting anti-islamic and transphobic on his social media accounts in one post he called the prophet muhammad a pedophile and said muslims are fools in another post he called a trans person an offensive term, shim, combining she and him. there's twitter and facebook accounts that are suddenly not available. he released a statement to our
local nbc station in philly saying i'm a passionate guy and say things in the heat of the moment if i said anything in the past that hurt anybody's feelings, i sincerely apologize. as rachel would say, watch this space. one of the nfl's biggest stars spoke words today after his positive test for covid. he said he was immunized now he admits that didn't mean vaccinated and he gets a shot at explaining it all his response to critics and when he could return to the field the murder trial of ahmaud arbery officially under way finally. the defense and prosecution presenting two different explanations of what happened. and key evidence bringing arbery's mother to tears receiver live in georgia as we approach the bottom of the hour and the top of the news on cnbc.
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paycheck in bitcoin mckenzie, this feels pretty darn gimmicky can new york even pay the mayor in bitcoin or is that just yakety-yakety-yak. >> what the mayor is actually going to do is receive his paychecks normally and then convert his pay to bitcoin through an exchange. now, despite all of the logistics involved with that, it's been great pr for him in fact this whole crypto throwdown pitting the mayor of new york against the miami mayor has been generating a ton of buzz >> mckenzie, the last time we had you on is when el salvador made crypto a legal tender how's that going >> so el salvador is two months into this nationwide bitcoin experiment and it's been getting
mixed reviews. some people love it, others have had issues with the official crypto wallet. not all businesses have figured out how to accept bitcoin but the price of bitcoin has risen more than 30% since the country made it legal tender and that has been great news for the government since it carries bitcoin on its balance sheet the president says he is using the profits from the country's bitcoin holdings to build 20 new schools in el salvador shep. >> okay. we'll see what happens in bitcoin. mckenzie, thanks. peloton grinding to a halt that's what's topping cnbc's on the money. peloton froze all hiring across all departments effective right now. the news first reported by cnbc.com the stock dropped about 30 points or 35% just today it comes one day after peloton slashed its full-year outlook amid slowing demand for its fitness products we're out and about again, you know
no word on how long the hiring freeze might last. internet in space. companies including amazon, boeing and one web are asking the fcc for access to the v-band spectrum it's a frequency range that the companies hope to use to provide global broadband service from space. the companies also asking for the approval of 38,000 satellites and good grief a collectible cassette tape of a charlie brown christmas soundtrack released today. again, a cassette tape it's the soundtrack's first return to cassette in 30 years the tapes will run you about 13 bucks. according to the record label's website, only 5,000 cassette tapes are being released on wall street, the dow up 204, s&p up 17, the nasdaq up 31 i'm shepard smith on cnbc.
it's the bottom of the hour, time for the top of the news aaron rodgers speaking out. >> i realize i'm in the crosshairs. >> why he says he never got the vaccine. the treatments he says he took instead. and his message to his critics taming the unfriendly skies. the faa turns to the fbi what they're asking for to stop violent attacks on flights but first, opening statements today in the murder trial of three white men accused of killing ahmaud arbery, a black man in georgia the defense claims arbery was a suspected burglar, spotted several times on security cameras in the neighborhood, and that the defendants were trying to chase him down in their trucks to make a legal citizen's arrest the defense said one of the member opened fire with a shotgun when arbery charged and attacked them. >> travis mcmichael is acting in
self-defense he did not want to encounter ahmaud arbery physically he was only trying to stop him for the police. >> the prosecution has a different story, saying the defendants acted on assumptions about arbery when they saw him running down the street, even though they had zero proof or knowledge that he had actually committed any crime at all. >> the evidence expects to show this was an attack on mr. arbery for five minutes and the only thing mr. arbery did was to run away. >> the prosecution says there is no evidence that arbery ever stole anything, even if he was seen on security video covering the trial, here's nbc's jay gray. >> ladies and gentlemen, you have been sworn and impanelled -- >> reporter: with the controversial jury in place, 11 white members and 1 african-american, prosecutors opened -- >> stop or i'll blow your [ bleep ] head off that's what he said. >> reporter: using the
defendant's own words from a police report. >> mr. arbery was trapped like a rat. that's what he told the police trapped like a rat. >> reporter: and cell phone video from the men accused showing the confrontation the day ahmaud arbery was killed his mother, emotional, seeing the full video for the first time greg mcmichael, his son, travis, and a neighbor, william "roddy" bryant watching from the defense table, at times taking notes as their attorneys take their turn. >> this is a regular map of it. >> reporter: travis mcmichael's attorney talking about a community on edge after a rash of burglaries and home security video of arbery in his words lurking around the neighborhood. >> there was probable cause to believe a felony had been committed and that this man was attempting to escape or flee. >> reporter: describing the situation after travis and his father chased down arbery in their pickup truck. >> ahmaud arbery makes a left, not a right.
makes a left and is on travis such that travis has no choice but to fire his weapon in self-defense. >> reporter: the court hearing two dramatically interpretations of a deadly shooting framed by racial tensions in a small southern town that now has the attention of the nation. look, also in the courtroom today we saw a lot of contention between the two legal teams, both interrupting the other's open with objections at one point the defense even calling for a mistrial that was quickly denied by the judge. one reason experts say this trial, shep, could go for three weeks or more. >> jay gray, live at the courthouse, thanks. another trial we're covering, a witness testifying today that kyle rittenhouse's first victim was acting belligerently but didn't actually seem like he was dangerous. that according to a marine veteran called to the stand by the prosecution. he says he saw joseph rosenbaum
just minutes before written house shot and killed him. he testified he was telling him to shoot him but it was hard to take seriously. >> what did you think of him >> a babbling idiot. >> did you consider him a threat >> no. >> did you feel that he posed any danger to you or anyone else >> no. >> what happened when rittenhouse and rosenbaum clashed has become one of the most crucial moments of the trial as jurors try to determine whether rosenhouse was acting in self-defense rosenbaum's fiance also taking the standing she says that morning she watched a video online of him dying. >> i broke down and i can't get that image out of my head. >> rosenbaum's fiancee disclosed
he was on medication for by polar order and depression but he didn't fill their prescriptions because their pharmacy was boarded up due to the unrest state attorneys say they expect the paramedic who rittenhouse shot will testify on monday and that they'll rest their case on tuesday. aaron rodgers broke his silence today on a podcast days after testing positive for covid. the reigning nfl mvp admitted on the pat mcafee show he's not vaccinated against the virus despite previously sort of suggesting otherwise >> i have an allergy to an ingredient that's in the mrna vaccines so on the cdc's own website it says should you have an allergy to any of the ingredients, you should not get one of the mrna vaccines so those two were out already so my only option was johnson & johnson. in mid-april the j&j got pulled
for clotting issues if you remember that, right so the j&j shot was not even an option at that pointing. so then my options became what can i do to protect myself and my teammates. >> rodgers did not say to what ingredient in the mrna vaccines he's allergic. instead he says he opted for an unspecified holistic treatment but that somehow the nfl rejected that as a suitable vaccination equivalent aaron rodgers says he's been taking monoclonal antibodies, an experimental treatment authorized under experimental use. he also says he's taking ivermectin, a drug designed to treat parasitic infections but has not been proven to work in covid. >> i believe in the ability to make choices for your body, not to have to acquiesce to some woke culture or crazed, you know, group of individuals who say you have to do something
health is not a one size fits all for everybody. >> the nfl is currently investigating whether aaron rodgers violated covid protocols for unvaccinated players he will miss this weekend's packers game and potentially next week as well. more than two dozen states sued the biden administration today over a vaccine mandate under the new rules, businesses with 100 or more employees have until january the 4th to make sure workers are fully vaccinated if not, they have to face weekly testing. at least 26 attorneys general calling it a massive overreach but according to a new cnbc momentive workforce happiness survey, a majority of workers say they support the mandate 52% who work in person support it as do 58% of high drid workers and 65% remote workers that last group unaffected
because it only applies to in-person workers. bad behavior on the airlines over and over hundreds of times. flight attendants ask the faa for help now the faa is getting help of its own, and it could mean big trouble for anybody accused of acting out what would the theranos founder, elizabeth holmes, say on the stand the deposition tapes obtained by cnbc that could provide a little insight. but first, the nation bids a final farewell to colin powell, a diplomat and a warrior the son of jamaican immigrants who rose to the highest levels of government and the military and broke barriers as america's first black secretary of state and chairman of the joint chiefs of staff ♪ >> my father made a monumental
difference he lived he lived well. >> colin powell's legacy of service to the country he loved will long survive his passing. from rescuing fellow soldiers while in combat to presiding over the rollback of aggression in the middle east to orchestrating after 9/11 a global alliance against al qaeda to modernizing the practice of diplomacy, he devoted the full measure of his energy and skills to advancing national interests and to the common good >> colin powell was a great leader because he was a great follower he knew you could not ask your troops to do anything you were unwilling to do yourself >> we're all human some people we like better than others but if you're in charge, you can't show it. and colin would always ending that comment by saying we all need to treat everyone with a little bit more kindness than we think they deserve because we
don't know what's going on in their lives. >> his zest from life derived from his endless passion for people he was genuinely interested in everyone he met. >> the figure who almost transcended time for his virtues were homeric, honesty, dignity, loyalty, and an unshakeable commitment to his calling and word >> to honor his legacy, i hope we do more than consign him to the history books. i hope we recommit ourselves to being a nation where we are still making his kind. colin powell was a great lion with a big heart we will miss him terribly. meet chef clem, owner of doughn't be sour, a sourdough doughnut company. she was flying back from a conference, when she got a text: she needed a bigger fridge asap if she was going to fulfill her orders. so she used her american express business platinum card®
pledges to address climate change the climate activist, greta thunberg, slammed the conference as a bust. >> it is not a secret that cop26 is a failure it should be obvious that we cannot solve a crisis with the same methods that got us into it in the first place and more and more people are starting to realize us. >> thunberg led about 25,000 protesters outside the climate summit today the demonstrators calling on politicians and business executives to do more to address climate change they used this broken chunk of an iceberg to make their point it originally weighed four tons but as you see the ice is melting away outside the conference climate activists say it's symbolic of the race against time to slow down global warming. the faa asking the fbi to help them crack down on unruly behavior during flights. the agency has given the feds 37 cases to review for prosecution. in a statement, the head of the
faa wrote let this serve both as a warning and a deterrent. if you disrupt a flight, you risk not just fines from the faa, but federal criminal prosecution as well. faa officials say they have opened a record number of investigations into unruly passenger reports. already this year they say they have initiated 950 a nearly 420% increase from last year's total most of the reports are related to wearing masks week nine of the elizabeth holmes fraud trial exposing a side of silicon valley that outsiders rarely get to see. just how reckless investing in startups can be. one investor testifying that he asked the company for audited financial statements theranos never gave him any, but he still invested $6 million anyway another said his firm invested $5 million, even though it didn't understand at all how
the theranos' technology worked. maybe because it didn't. the investors say they believed the data provided but they were often given false information. it also came down to holmes' charisma he was touted as a visionary, like steve jobs, who created a sense that investing in theranos would be exclusive and elite cnbc recently got our hands on taped depositions that could offer clues as to how she might testify if she takes the stand here's cnbc's yasmin corum. >> she was the world's youngest self-made female billionaire who was never at a loss for words. as you'll see in this nearly four-hour deposition obtained by cnbc, it was a much different elizabeth holmes who hardly said anything the date, june 27, 2018, just 12 days after holmes, the founder and ceo of theranos and company
president were indicted on charges of fraud and conspiracy to commit wire fraud both have pleaded not guilty. >> no. >> listen as holmes repeatedly takes the fifth on advice of counsel while being deposed by an attorney representing late-stage theranos investors who sued her, the company and balwani. >> are you going to follow the instruction not to answer? >> yes i'm going to follow my counsel's instruction. i'm following his instructions. >> same instruction. >> and same response. >> holmes won't even acknowledge it's her when appearing on "mad money. >> do you recognize you on that video? >> same instruction. >> reporter: that lawsuit ended with a confidential settlement if holmes does take the stand in her own defense, she won't be allowed to take the fifth and will likely face a barrage of questions from prosecutors about what she told investors and patients, questions she answered in detail in this s.e.c. deposition from 2017 >> did you ever tell investors or potential investors in 2013
or 2014 that theranos had developed proprietary devices that would conduct all of the blood tests that a central lab could conduct using a few drops of blood and that they were ready for patient testing? >> i don't know that we said it in those words but generally that was what we were working to do going into the fda in that time frame. >> reporter: the defense has signalled it's her ex-boyfriend who's to blame which she stronglydenies in 2017 holmes is seen acknowledging at the end of the day she was the one in charge. >> were you the decision-maker on behalf of theranos and did you sign the walgreens contract or the amendment >> i did i signed many of the walgreens agreements i don't know if i signed all of them and yes, i'm the ceo i'm the ultimate decision-maker for the company. >> attorneys for holmes did not respond to cnbc's request for comment on these tapes or
whether she'll take the stand. so the question remains will elizabeth holmes testify sources i've been speaking to say knowing holmes, she's very eager to tell her side of the story. >> yasmin, thank you we've been warned. shop early, ship your packages now, avoid the supply chain pain so how real is this problem? well, we take an exclusive behind-the-scenes tour of a u.p.s. facility to find out. a celebration 26 years in the making the parade, the party, and the concert taking over the streets of atlanta tonight the best things america makes are the things america makes out here. the history she writes in her clear blue skies. the legends she births on hometown fields. and the future she promises. when we made grand wagoneer, proudly assembled in america, we knew no object would ever rank
is on. 50 days from today disruptions in the global supply chain could lead to a shopping nightmare for many of us experts are warning us all to buy gifts earlier than ever to make sure they arrive on time. of course that's pushing domestic carriers like u.p.s., fedex and the postal service to take major steps to meet the increased demand with an inside look at one of the biggest package cuouriers in the country, here's vicky nguyen. >> reporter: the entire supply chain is stretched. >> slowing down businesses and shoppers from coast to coast. >> the white house looking to relieve a major backlog. >> reporter: add jammed up supply chains and our shipping systems will be tested holiday shipping demand will exceed capacity by four to five million packages per day this year the u.s. postal service, fedex and united parcel service will be under pressure to deliver like never before. so how will they manage? we got an inside look at u.p.s
right now i'm here in atlanta at what u.p.s. calls a superhub there are seven of these facilities worldwide that work to process packages 24/7 today we're getting a behind-the-scenes exclusive look at how u.p.s. is gearing up for unprecedented demand this season with me now is bill, the president of worldwide sales bill, talk about why this facility is so important during the holidays. >> all of our facilities are important. this one is automated a facility as we have anywhere in the world. >> reporter: 3,400 employees work here. it's the size of 21 football fields and on an average day, they process 900,000 packages, a number that rises to 1.4 million a day during the holidays. the packages arrive from all over the world in tractor-trailers they're placed onto these conveyor belts, and then the packages zip around the facility on 18 miles of conveyor belts, making their way through these scanning stations which will
eventually direct them down these chutes to be sorted for delivery for larger things -- >> this is an autonomous vehicle we use within the building to move our largest, most irregularly shaped packages. the ones that don't fit on belts. >> reporter: all of it monitored by a team of staff members inside this high-tech control room. >> this is the heartbeat of u.p.s. operation in the southeast united states. you can see we've got over 500 cameras cameras. >> reporter: because the robots aren't perfect, you need people to dispatch employees to clear package traffic jams next the packages make it back onto one final conveyor belt where employees load them nto one of these familiar brown trucks where waiting drivers begin with a daily pep talk. >> happy tuesday great job yesterday. no injuries, no accidents. >> reporter: finally, they head out to deliver our packages. >> what did you learn from the pandemic that you're applying to
this season? >> one thing we learned is that hiring is important, so over th summer of 2020 we hired 40,000 employees to help us with that massive surge of e-commerce. >> reporter: seward says u.p.s. is trying to get us to shop earlier in the season to spread out the shipping demand. the company working with some of the largest retailers to start their big sales sooner. >> many, many of our biggest customers are running campaigns to have shoppers shop and buy early. >> reporter: to get your packages delivered by christmas, go to their website and enter the zip codes of where your boxes are heading to get the most accurate estimate they have set wednesday, december 15th as their deadline for ground shipping. bottom line this year, shop and ship now shep, many people are saying this just might be the year of the gift card. they are easy to include in a letter, you can send them electronically these days. if you go that route, look at
small businesses, shop local that can provide a huge boost. shep, back to you. >> vicky, thank you. there's a party raging in hotlanta hundreds of thousands of braves fans lining the streets to celebrate the team's world series win >> mvp mvp! >> schools closed in the atl people took off work, all to see the team that won the city its first world series title in 26 long years the parade started near the braveser former stadium in downtown atlanta and moves quickly through the streets. in cobb county players took to the mic to thank the fans. >> i've been asked a lot over the last few days since we won has it hit me yet and i kept saying, no, i'm just numb. but today, it's hit me we're world champions forever.
>> hometown hero, freddie freeman. he played what could be his last game with the braves on tuesday, 7-0 over the astros to win it all. he's now headed to free agency 40 seconds left on a race to the finish time is running out for house democrats to pass an infrastructure bill tonight. house speaker pelosi vowed to move forward with the vote, but we're still waiting. and now you know the news of this friday, november the 5th, 2021 i'm shepard smith. follow us on ig and twitter @the news on cnbc listen to ourpodcast and don't forget to change the clocks this weekend. spring ahead, fall back, so back on hour sunday at 2:00 a.m i'm sad to have the day end so early.
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