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tv   The News With Shepard Smith  CNBC  November 19, 2021 7:00pm-8:00pm EST

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williams-sonoma. again, stock down, opportunity take a look at that chart. and that's a wrap on an incredible week out west there's always a bull market somewhere. i'm jim cramer, see you monday back east. the news with shepard smith starts now elizabeth holmes, the theranos founder, on the stand in her criminal trial right now. and kyle rittenhouse learns his fate i'm shepard smith, this is the news on cnbc >> we, the jury, find the defendant, kyle h. rittenhouse not guilty. >> reaction to the acquittal the white house's statement, and the reason that rittenhouse took the stand. the president's massive social spending package clears the house. >> we'll be telling our children and grandchildren that we were here this day. >> the roadblocks ahead, and why it's too early for democrats to celebrate.
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a new search for jimmy hoffa's body the union boss vanished more than 45 years ago. now a fresh tip. >> you said there was a place under the pulaski skyway and that's where we would dump bodies. >> that sent the fbi digging. a travel surge putting the travel industry to the test. could crushing labor shortages and bad weather prove too much to handle? elizabeth holmes takes the stand in her own defense new covid lockdowns abroad raising concerns and the great zebra mystery unfolding in maryland. >> announcer: live from cnbc, the facts, the truth, the news with shepard smith good evening it was a verdict that sparked mixed emotions across the nation, from kenosha all the way to the white house kyle rittenhouse, not guilty on all charges. >> we, the jury, find the
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defendant, kyle h. rittenhouse not guilty >> members of the jury, are these your unanimous verdicts? >> rittenhouse breaking down, sobbing, clutching his chest, slumping to the defense table after the jury decided his fate. behind him in the courtroom, rittenhouse's mother reacted with a look of sheer relief. not far away the loved ones of the men rittenhouse killed had a look of pain, shock, disappointment rittenhouse was 17 years old when he brought an ar-15 to kenosha last summer. riots and racial justice protests were rocking the city after police shot a black man named jacob blake. rittenhouse says he was there to clean up graffiti, provide medical aid and protect property from rioters he ended up shooting three men, killing two of them. rittenhouse testified that the three protesters attacked him and that he shot them in self-defense here's drone video of the first
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shooting when rittenhouse gunned down joseph rosenbaum. he claims rosenbaum charged him from behind and tried to take his gun. rittenhouse testified that protesters chased after him and that he had to shoot and kill this man, anthony huber, after rittenhouse fell and huber hit him with a skateboard. then he shot and wounded a third man. he had a pistol in his hand. grosskreutz considered rittenhouse an active shooter. the case has divided americans largely along political lines and ignited a national debate about vigilanteism, gun rights and self-defense in the end the jury acquitted rittenhouse on charges ranging from first-degree intentional homicide to reckless endangerment jay gray is live in kenosha on our top story tonight. jay. >> reporter: hey there, good evening, shep. when that verdict was announced, the courthouse steps were filled with protesters. some here to support kyle
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rittenhouse, many more, though, wanting to see him spend the rest of his life in jail take a look now outside the courthouse it is for the most part empty. certainly more media here than protesters at this point still, the fallout from this verdict continues, including from the families of those shot. they are not happy with the verdict at all in a statement, the parents of anthony huber wrote we are heartbroken and angry that kyle rittenhouse was acquit in his criminal trial for the murder of our son, anthony huber there was no justice today the defense attorney for rittenhouse telling reporters today that they decided to put rittenhouse on the stand and that it really wasn't a question as they were moving forward. >> we had a mock jury, and we did two different juries, one with him testifying and one without him testifying it was substantially better when
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he testified to a marked degree and that sealed it. >> the spokesperson for the rittenhouse family tells fox news that he's happy kyle can move on with his life and that kyle told him thank you, via text the trial has been a political flash point since the start. republicans in congress applauding the verdict, while president biden, who during the 2020 campaign, suggested that rittenhouse was a white supremacist was asked whether he stood by that comment. >> well, look, i stand by what the jury has concluded the jury system works and we have to abide by it. >> reporter: and look, while this was the largest hurdle, shep, the legal fight for rittenhouse is not over. there has been at least one civil suit filed in this case. >> jay gray, thank you david henderson is with us now, civil rights attorney, cnbc contributor. david, you've said you weren't surprised by this outcome. the defense attorney suggested the prosecution made several
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mistakes do you agree >> absolutely. this case was full of mistakes from the prosecution's point of view and began with the failure of leadership. somebody has to take the tone of the courtroom. the defense led this case from the very beginning and the prosecutors fell in sync with them. >> the defense attorney said kyle rittenhouse taking the stand was a no-brainer after conducting mock juries spent a lot of money on this clearly. how critical was this testimony? >> that goes along with your first question it's critical because they were well prepared. if you observed the way the prosecution was presenting the case, it was like they were making it up as they went along. kyle rittenhouse confessed on the stand to a higher level offense when he shot and killed roefbbaum than what the prosecution charged him with. >> the white house said the president along with many americans, that the president was angry and concerned.
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do you share those sentiments? and maybe as a side note, is it appropriate for the president to be weighing in like that after a jury has just spoken >> you know, shep, i think it's dangerous for the president to weigh in on jury verdicts except that what's unique about this verdict is that i do think it contributes to public safety and not in a good way. i think at these protests you've had a lot of people showing up armed with assault rifles. we worked on some of these protest cases down here in dallas, texas, and it happens at every protest. you have a situation where people are bringing in guns and protesters are also starting to bring in guns under situations where emotions are high, circumstances are very volatile. in that regard evening it's good for public officials to try to keep everyone safe. >> david henderson, thank you. another stunning development in a case we've been closely following. in just the last hour, the theranos founder, elizabeth holmes, took the stand it was one of the most
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surprising and dramatic moments of an already spectacular trial. prosecutors had just rested their case today they're accusing holmes of defrauding investors, doctors and patients by lying to them about how well her blood testing machines worked. it turns out they didn't work at all. but that was it about theranos what was it about theranos that convinced so many seasoned silicon valley investors to pile millions into the company? they say it all came down to the zeal and master marketing of holmes herself now she's on the stand cnbc's scott cohn is outside the courthouse in san jose everybody wondered if she'd testify and now we know. >> yeah, we know and we found out a lot sooner than pretty much everybody thought, exempt for the defense, which has been keeping things so close to the vest and now that zeal and master marketing is on display. the jury, seeing elizabeth holmes maskless for the first time in 11 weeks of testimony, talking very confidently about
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those early days and how she was able to attract some big-time investors. don lucas, the big venture capitalist in silicon valley, larry ellison, the co-founder of oracle, attracting three rounds of silicon valley funding for her idea before she was 24 years old. under friendly questioning from her defense attorney, one of her against attorneys, kevin downey, she talked about the early days of theranos. how she dropped out of stanford at 19 years old after doing some research on microfluidics which became the basis for her invention. initially she thought of a pill people could swallow that would send out data in realtime over how somebody was doing healthwise then it turned into a patch. ultimately after dealing with pharmaceutical companies and talking and doing more research, the idea of this microblood testing device, which ultimately did not work again, by the time she was 24 years old, she had contracts
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with big pharmaceutical companies. pfizer, glaxosmithkline, bristol-myers squibb all of this now on display for the jury as they get a sense of the elizabeth holmes that dazzled wall street, dazzled investors and dazzled silicon valley a lot more to come next week, including potentially some pretty rough cross examination. >> scott cohn live at the courthouse, thank you. every american adult can now get a covid booster shot that's the brand-new official recommendation from the cdc director dr. rochelle walensky signed off in the past hour the cdc advisory committee voted to endorse boosters. the decision comes after weeks of debate about who actually needs boosters until now the guidelines have been, frankly, complicated many states already expanded eligibility on their own ahead of the holidays, but the cdc's
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new recommendation streamlines its guidance anybody age 18 and up can now go out and get boosted. airports nationwide are bracing for the first major test since the pandemic started, as americans get ready to fly for thanksgiving tsa expecting to screen about 20 million of us over the next ten days they say that's almost back to pre-covid levels in 2019 what's still to be known is whether tsa and airlines can handle the crush of people this year staffing shortages have thrown a wrench into airline schedules delaying and cancelling thousands of flights. adding to the threat here, the weather. storms on the horizon set to hit the northeast and midwest. major city hubs including chicago, new york, boston, could face travel delays seema mody is live at laguardia. seema, are they ready? >> reporter: shep, airlines are introducing new tactics to avoid having to cancel flights and
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preventing a repeat of those nightmare situations earlier this year when bad weather and staff shortages led to mass cancellations. american airlines offering a flied atent ans 50% more pay jetblue giving a $1,000 bonus for those who don't call out for work and southwest air providing employees 120,000 frequent flier miles. >> this of course doesn't guarantee there won't be staffing issues, but it shows that airlines are doing what they can to try to move the needle, even if it's just a little bit to make sure they have the staff in place to handle the busy holiday season >> it's not just the airlines, airports are on watch too. data provided in october shows 60% of tsa workers are vaccinated against covid-19 ahead of monday's deadline questions circulating around whether there will be enough agents the tsa administrator promising there won't be any disruptions, but that people should head to airports early. >> everybody wants to travel and everybody wants to have a good
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experience i think patience will be key to that >> following mask rules and civility, flight attendants have had a tough year the faa won't just issue fines for bad behavior but also seek criminal prosecution. >> seema moda live at laguardia. fears are growing tonight for peng shuai she accused a chinese official of sexually abusing her. now the white house is involved and turning up the pressure on china. europe is now battling an aggressive new covid wave. now a new lockdown and the possibility of more to come. one nation taking a dramatic step to get people vaccinated, whether they want to or not. supply chain pain hitting every aspect of american life, including our food banks how the problem is making it harder to feed hungry americans. ♪ i see trees of green ♪
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more on the missing tennis star peng shuai. a reporter from chinese state media showed images on twitter claiming to show peng with a cat. the reporter claims it came from a wechat message shared by a friend of hers, but nobody, including this news organization, has been able to verify whether they're real. that's why we're not showing them here. people who have tried to reach peng say they have yet to hear from her and china is facing growing pressure from the white house and the united nations they're calling on chinese officials to show verifiable proof that she's safe. the head of the women's tennis association also turning up the heat on china. he says he's ready to pull all wta tournaments out of the country if peng is not founding, even if that means losing out on hundreds of millions of dollars. >> we're definitely willing to pull our business and deal with all the complications that come with it because this is certainly -- this is bigger than
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the business the voices of women need to be respected and not censored. >> that from cnn last night. meanwhile the international olympic committee is staying silent on the situation. the beijing olympics scheduled to begin in less than three months in a statement, the ioc wrote in part experience shows that quiet diplomacy offers the best opportunity to find a solution for questions of such nature this explains why the ioc will not comment any further at this stage. quiet diplomacy. peng has not been seen or heard from since she claimed she was sexually assaulted by an official with close ties to the chinese president, xi jinping. in a since deleted post she alleges the former vice premier forced her to have sex after repeated refusals. she also acknowledged that she's developed feelings for him after that alleged assault chinese state media released an email claiming to be from peng
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and says she was safe and walking back her sexual assault allegations, but tennis officials say they do not believe she wrote it. european nations are returning to lockdowns and tightening restrictions. local officials say they're trying to fight off another deadly covid surge financial markets winced today after austria announced it will ream pose a nationwide shutdown. it's scheduled to take effect on monday austria also announced a covid vaccine mandate for all adults starting in february it's the first mandate of its kind in all of europe. in germany, chancellor angela merkel just approved new restrictions for unvaccinated people cases there hit an all-time high yesterday. and today the health minister stopped short of ruling down a lockdown across the eu, daily infections have skyrocketed over the past couple of months cases have increased more than 300% since late september, from johns hopkins. the w.h.o. once again calling on
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europe as the epicenter of this pandemic nbc's keir simmons in london tracking this covid wave. >> reporter: austria will lock down for ten days, maybe even 20 days such is the concern in austria now about the rising numbers of infections and this lockdown is not only for the unvaccinated, it applies to everyone in austria countries across europe, shep, will be watching, particularly in germany where concern is heightening as the numbers are rising there could be a national lockdown in germany too. but nowhere as tough as austria, which is now bringing in a vaccine mandate. the chancellor of austria saying all people should get the shot, saying it is the only way to beat back the virus and saying, quote, we don't want a fifth wave we don't want a sixth and seventh wave we don't want to have this discussion next summer
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noen opponents in austria are vehemently opposed to it, one saying that austria has become a dictatorship a protest is planned for saturday shep. >> keir, thanks. a group of crypto investors trying to score a first edition print of the u.s. constitution why the bidding war did not go as planned or as we reported here last night. zebras on the lam, out and about avoiding capture for more than two months. every plan to lock them up a ile. so we're there to find out why no here' yrizi. ♪ things are getting clearer ♪ ♪ yeah i feel free ♪ ♪ to bare my skin, yeah that's all me. ♪ ♪ nothing and me go hand in hand ♪ ♪ nothing on my skin that's my new plan. ♪ ♪ nothing is everything. ♪ woman: keep your skin clearer with skyrizi. most who achieved 90% clearer skin at 4 months had lasting clearance through 1 year. in another study, most people had 90% clearer skin at 3 years.
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and skyrizi is 4 doses a year, after 2 starter doses. ♪ it's my moment so i just gotta say ♪ ♪ nothing is everything. ♪ skyrizi may increase your risk of infections and lower your ability to fight them. before treatment, your doctor should check you for infections and tuberculosis. tell your doctor if you have an infection or symptoms, such as fevers, sweats, chills, muscle aches, or coughs or if you plan to or recently received a vaccine. ♪ nothing is everything. ♪ woman: talk to your dermatologist about skyrizi. learn how abbvie could help you save. small businesses like yours make gift-giving possible. woman: talk to your dermatologist about skyrizi. now, comcast business has an exclusive gift for you. introducing the gift of savings sale. for a limited time, ask how to get a great deal for your business. and get up to a $500 prepaid card with select bundles
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when you switch to the network that can deliver gig speeds to the most businesses. or get started with internet and voice for $64.99 per month with a 2-year price guarantee. give your business the gift of savings today. comcast business. powering possibilities. zebras on the loose in maryland officials there say the zebras escaped from a farm more than two months ago and nobody has been able to catch them. they have tried all kinds of things, including an attempt to honey pot them with, well, more zebras that didn't work their owner facing three counts of animal cruelty for failing to
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provide adequate shelter according to court records, he has not entered a plea the dazzle, however, that's what a group of zone ras is called, has gained celebrity status. several social media accounts have popped up imitating the animals. perfect day outside, loves hope everybody had a great day #weoutside one even compared them to bigfoot. cnbc's perry russom headed to maryland to find out why nobody can catch this dazzle of zebras. >> reporter: between the sun drenched hills of prince george's county, we go on safari searching for the equines. neighbors tell us the zone ras come to this specific area to eat at dusk. >> there's a sooeb are in my backyard. >> i just couldn't believe it. >> i'm like right, zebra. >> we saw three. >> i had my daughter grab a camera, grab a camera, film it, film it are you lorolling?
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>> we have lost our minds. >> reporter: zebras, walking along the curlings backyard. >> my wife called me and i thought, okay, they have been in the house too long. >> reporter: in august three zebras escaped near the curling's home one was found dead, trapped in a snare. more than two months later, the zebras are still running free. the county hasn't been able to catch them. >> i hope they never catch them and we become a zone ra sanctuary. >> reporter: time is running short for the animals. when the snow kills the grass, it also kills their food source. >> are you surprised they haven't been captured? >> not at all. >> reporter: zebras can run up to 40 miles an hour. >> the biggest challenge is their natural prey instincts will kick in so they'll run away from anything that we're naturally going to try to rescue them with. >> reporter: could a rogue zebra population start to form in maryland >> i would say there's a very minimal chance. >> reporter: to the people out
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there trying to get an upclose look, what would you tell them >> i would recommend not doing that that's just causing stress on the animal which will further away the chance of rescuing these animals. >> on the bingo board, zebras in your backyard, check. >> reporter: this story has been going on for two months. what do you hope happens >> that they catch -- not catch, rescue the zebras from their situation and make sure that they're someplace safe. >> reporter: with leaves on the ground, snow close behind, that means definitely not here. for the news, i'm perry russom. >> russ om on the zebra beat. another record-setting year for california wildfires now one man indicted for intentionally starting not just one of them, and his alleged target, crews on the front line. what the hell happened to jimmy hoffa? it's one of the biggest unsolved mysteries of the mob now a new search in a landfill
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in new jersey, after what one investigative journalist calls the most convincing tip yet. that's next, as we approach the bottom of the hour and the top of the news on cnbc. to make progress, we must keep taking steps forward. we believe the future of energy is lower carbon. and to get there, the world needs to reduce global emissions. at chevron, we're taking action. tying our executives' pay to lowering the carbon emissions intensity of our operations. it's tempting to see how far we've come. but it's only human... to know how far we have to go.
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for about half an hour last night the people who contributed $47 million in an attempt to buy a version of the u.s. constitution had no idea what happened to their money.
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they're called constitution dao, cryptocurrency investors who pooled millions of dollars to buy a first edition copy of the constitution they watched two bidders in a fight to win the auction at sotheby's, david and brooke. now we know they had no idea which bidder was their bidder. chaos on twitter, youtube and the messaging app discord among all the members. is david our guy who's our bidder is brooke ours the uncertainty led to confusion in the news media too. it was publicly known that the group raised $47 million and the final sale price was $43.2 mill. outlets like coin desk and this newscast incorrectly reported that constitution dao had won. they didn't. after it became clear they didn't win, the group explained they stopped bidding because proper care and maintenance of the constitution requires a reserve that is needed to circle, store and transport the
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document and we calculated the absolute max we could go to and the opposing bidder passed that max. today it was revealed that the winning bidder was chicago hedge fund billionaire ken griffin griffin says he plans to lend it to an art museum in arkansas mackenzie is with us now there was so much confusion. last night at this time i was reporting -- well, 20 minutes later than this -- that they won it it said that they won it they didn't win it what happened? >> so the emotional whiplash that we saw last night, shep, is absolutely one of the downsides of trying to pool together and coordinate a group with no central figurehead that consists of more than 17,000 strangers around the world, many of whom are new to this whole dow thing. while constitution dao does have a team of 35 peopleorganizing the effort, really what bonds these investors together is a
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shared online bank account and a few messaging platforms. there was also a particularly confusing chain of custody where it was unclear who actually owned the document if they won but all of that said, you still have to recognize how powerful daos can be. the fact that it had a massive amount of capital so fast, $47 million in a week and this happened with little to no formal oversight, that's huge, shep. >> what happens to all the money they brought together? >> yeah, great question. so two things are going happen supposedly those that donated money to the collective are being told that they can get their crypto back if they want it minus a transaction fee. organizers of constitution dao said that they'll sort out the logistics once they get some sleep. no word on that yet. and f those who decide to leave the funds in the crypto wallet, they will vote on what to do next, like potentially bid in another historic auction >> why not
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thank you. oil prices slide on news of europe's covid surge that's what's topping cnbc's on the money. oil prices fell hard sitting a seven-week low driving the decline, concern in europe's new covid cases and new lockdowns will slow demand and threaten the economic recovery the u.s. and other nations also considering tapping the oil reserves to ease the pain at the pump gas prices at a seven-year high. hulu with live tv going up in price the popular subscription service will jump five bucks to $70 a month starting next month. but more to watch. the bundle will now include disney plus and espn plus. and the most wonderful time of the year is already here at macy's they're unveiling their iconic holiday windows at the flagship store in midtown manhattan taking center stage this year, tiptoe, a bright-eyed, blue reindeer the windows to remain on display
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through new year's. on wall street, the dow down 269. s&p down 7 the nasdaq up 64 and closing above the 16,000 mark for the first time i'm shepard smith on cnbc. it's the bottom of the hour, time for the top of the news the house passes president biden's build back better act. house speaker nancy pelosi calling it the biggest hurdle for democrats, but there might be a bigger one coming u.s. food banks struggling supply chain bottlenecks and inflation causing prices to soar what's being done to help hungry american families. but first, the search for jimmy hoffa's body reignited after a deathbed confession. >> it's one of america's enduring mysteries where's jimmy hoffa? the infamous union boss last seen in 1975 and declared dead in '82, his body never founding.
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every decade new reports sufrfac and new searches are conducted, all dead ends. this time people close to the case for years says this feels different. the newest search site, a landfill in jersey city under the pulaski skyway a general area investigators first visited back in '75 but they didn't know, they say, exactly where to search. now the fbi confirms it conducted a forensic survey there at the end of october. now, the tip came from a man who reportedly gave a deathbed confession in which he said he buried hoffa's body at that landfill local coverage now from nbc 4 new york and their reporter, chris glorioso in new jersey city. >> last month the fbi obtained a search warrant to conduct a site survey under the pulaski skyway. >> reporter: in the 1970s a landfill under the pulaski skyway had reported ties to organized crime.
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this man said his father co-owned that dump and in 1975 buried jimmy hoffa in a metal container. >> so you're saying your father buried jimmy hoffa >> yes my dad later in years, he said that he couldn't fit in a drum body first, feet first. >> reporter: he told his dad's alleged story in a series of fox nation segments with reporter eric shawn, and independent investigative journalist dan muldia just last year he signed a sworn statement about the disposal of hoffa's body in a spot just off the landfill property. the fox nation team used a ground-penetrating radar device and says they detected what may be metal drums. >> is that metal >> it's definitely metal. >> reporter: jimmy hoffa was last seen alive in 1975 at a popular restaurant in bloomfield township, michigan he was scheduled to have a meal with two mobsters who never
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showed up. since his disappearance, for decades tips have led federal investigators to dig up other reported burial sites but no luck finding a body. dan muldia has been on six of those diggs and he was the first to get the tip from coppola who he said was the most convincing yet. >> he said under the pulaski skyway is where we would dump bodies and so that's -- that was the baseline for which the fbi is operating. >> reporter: in an official statement from the fbi, the agency said data is currently being analyzed, but no word yet on whether any actual material was removed from the site here in new jersey. shep. >> chris, thanks a former college professor indicted for starting four wildfires over the summer, putting firefighters in severe danger gary maynard used to work at santa clara university and sonoma state prosecutors say he intentionally started some of the fires behind
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the lines of the dixie fire, threatening to trap firefighters on the ground there. they say he started the cascade and everett fires back in july, and then the ranch and conard fires in august. he has been linked to but not charged in connection with the moon fire. an attorney for maynard says his client denies the charges and will plead not guilty. investigators say among the evidence that helped track him down, tire impressions near the everett fire that match the tires on his car then they say a tracker on his car placed him near the ranch and concord fires a few weeks later. house democrats have finally delivered and passed president biden's massive social spending package. >> the build back better bill is passed >> well, despite all the cheers and celebration, it is not a done deal, not yet the bill now goes to the u.s. senate, where it faces an
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uncertain future two moderate democrats, senators manchin and sinema, have been speaking out and raising concerns about that spending plan either senator could single-handedly kill the bill or demand big changes today president biden acknowledged that he does not know how long it will take for the bill to reach his desk for a signature. >> i don't know. it's going to take a while to get through the senate, i think. it will probably be after thanksgiving i will sign it, period. >> speaker nancy pelosi told reporters today that getting the bill to the senate was the biggest hurdle democrats needed to clear cnbc's congressional correspondent, ylan mui now. there's still a long road ahead, ylan. >> reporter: absolutely, shep. democrats in the house spent months hashing out the details of this 2500-page legislation. no surprise they wanted to take a victory lap today. but over in the senate, they are just warming up. some of the key issues include paid family leave. it's in the house bill that senator joe manchin is still not
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on board medicare coverage. senator bernie sanders wants to expand it to dental care and eyeglasses, not just hearing aids immigration, unclear if including it will even fly under the senate's arcane rules. and a tax break that benefits the rich, lifting the cap on state and local tax deductions that already cost democrats one vote in the house this morning the margin of error in the senate is zero every republican will vote against this bill, which means all 50 democrats have to support it now, the white house says that senior staff are staying in touch with both manchin and senator sinema about their concerns and they have been touting numbers from the congressional budget office that they say shows the social spending package is fully paid upon there is debate about whether that's true but democrats are hoping it will sway moderates who were worried this bill could stoke inflation. sinema said the recent run-up in prices justify why she has been concerned about high levels of spending that are not targeted or are not efficient and effective. the senate will be on recess for
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thanksgiving next week and lawmakers will have a full plate when they get back there's the defense bill, funding the government, the debt ceiling. still majority leader chuck schumer wants to pass this package by christmas shep, it seems every time they set adeadline, they miss it. >> ylan mui, thank you food banks across the nation are facing yet another crisis just before the holidays organizers say supply chain issues and inflation have led to a drop in donations. they say that forced food banks to buy more items on their own at higher prices and of course since the pandemic hit, more people have been leaning on them for help the american farm bureau just released new numbers on the average expected cost of a thanksgiving meal this year. the price of a turkey alone increasing a whopping 24%. last year the average cost of a bird at 16 pounds was $19. the same bird this year, nearly $24. cnbc's valerie castro now on how some food banks are preparing to
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keep families fed over the holidays >> we need 13, 13 cases of roasters. >> reporter: workers are busy at the community food bank of new jersey as the thanksgiving holiday quickly approaches but providing for those who are food insecure has taken on new pandemic-related challenges. >> shortages of products because of manufacturing issues and logistics issues and now that continues, but we have the added extra barrier of inflation. >> reporter: carlos rodriguez, president and ceo, says this year the organization has had to buy 30% of the food it distributes, up from 10% just to meet demand. >> before the pandemic, our biggest year right before, we supported enough food for 50 million meals. we're on track this year to distribute 93 million meals. >> reporter: on friday morning, the warehouse in hillside received a shipment of turkeys and roasters they'll go to hundreds of partner organizations around the state, like the center for food
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action in inglewood. >> we have staples that everyone gets. >> reporter: patricia is the executive director there she says even with the help from cfb and other donations, need greatly exceeds the supply. >> we're still short about 500 or 600 turkeys. >> reporter: besides a holiday meal, the center provides food on a daily basis clients drive up to collect food boxes and espy says some of the people they help now are those who made donations in the past. >> the numbers have jumped tremendously from about 1,500 a month to 4,000 a month of households that really are in desperate need of food assistance. >> reporter: feeding america says one in five people turn to a charitable food organization last year for support and those numbers are unlikely to change any time soon. the people at the community food bank of new jersey say they're expecting supply issues to affect them for at least the next three to six months they along with other food banks
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around the country are collecting turkeys this weekend to make sure everyone has a thanksgiving feast shep, they want to reminding people that even though this is the season for giving, they need donations year round. >> thanks so much. opening a home is a major milestone if you can afford it some families are further from that goal than others. now a new startup is working to make homeownership more accessible. plus amazon ramps up for the holidays what the retail giant is doing to t tryo ensure that your gifts make it on time. tv: mount everest, the tallest mountain
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on the face of the earth. keep dreaming. [coins clinking in jar] ♪ you can get it if you really want it, by jimmy cliff ♪ ♪ [suitcase closing] [gusts of wind] [gusts of wind] [ding]
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opening a home, it's always been a classic part of the american dream, but for so many people it's really out of reach. according to census data, minority families have even farther to reach 44% of black americans own a home hispanic americans 48% both groups far behind whites. more than 70% own a home one of the biggest hurdles, saving enough money for that down payment one entrepreneur knows the
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challenges all too well. he says he's working to change things for families who want to buy a home here's cnbc's andrea day. >> when granny passed away and passed along her home, it was an absolute game-changer. >> reporter: this is the home alex lofton said literally changed the course of his life. >> my mom was a fourth grade schoolteacher. my dad was a social worker i won the lottery of love but money was tight. >> reporter: they always had money for renting but not enough for a down payment on a house. when his grandmother left her home to the family, that was a major turning point for the next generation. >> it gave my parents and family a sense of stability, financial stability, and freedom to do what we wanted to do with our lives. >> reporter: the home transforming his family's life and making a big impact. >> that was the moment where our parents could be the bedrock for our family, extended family. it sending me to college. >> reporter: and when he graduated from stanford university, he created a startup
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designed to help make homeownership more accessible to families like his. it's called landed and helps essential workers like teachers, nurses and firefighters afford the down payment to own homes. >> we're trying to replace the bank of mauchl and dad that most people need to have to buy a home. >> reporter: his company bridged the gap for brian and valerie munoz. >> the scary part was coming up with that initial down payment and that was defeating. >> reporter: the family of five stuck renting for years and desperate to buy he's a school principal and she teaches fourth grade. >> it was looking like it maybe wasn't going to happen. >> reporter: until they heard about landed and got the company's help with a down payment. >> i don't even know if i still believe it to be quite honest with you, we pinch ourselves every day. >> reporter: so how does it work landed can provide up to 15% of the home's purchase price. for example, if thehome costs $500,000, landed can kick in 15%, or $75,000 for the down
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payment. but it's not free money. home buyers have to pay it back within 30 years, plus or minus the percentage of the home's change in value. so if the home appreciates, landed makes money along with the homeowner. if the value drops, landed loses money as well. >> our down payment program is a partnership. in exchange for getting exchange on the front end for a down payment, you're sharing in part of the chamber of commerce in value of your home >> there's tons of programs to help you get into your dream home. >> reporter: elaine king is a financial planner and says moderate and lower income families should look into the kmupgt community reinvestment act or cra for mortgages. >> they are required to get it by law and some of the benefits are lowering your down payment, lowering your interest rate, sometimes even waiving that required insurance if you don't have the 20% down payment. >> reporter: and, shep, elaine's
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best advice, make sure to ask about cra loans and other government-sponsored programs. they're not always advertised but can help make buying a home a reality. for more information, check out the housing and urban development website. that's you can see what's available in your state shep. >> andrea, thanks. new right now. just moments ago elizabeth holmes, the theranos founder, wrapped up her testimony in her criminal trial in san jose, and our scott cohn caught her out the way. look. >> how does it feel to finally be able to tell your side of the story after all of this time >> are you nervous at all about answering some of those tough questions yourself >> do you feel like you have a lot to overcome given what the government has been saying over the last 11 weeks? you have quite a task ahead of
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you, don't you >> there is a lot of explaining to do. she had plenty to say when she was out trying to sell this product, not so much anymore scott cohn is live with us now outside the courthouse scott, what happened in there? >> reporter: well, you know, it was -- this is probably the easy part for elizabeth holmes, shep. she was on the stand for about an hour answering frepgd ly questions from her defense attorney, kevin downey, about the early days of theranos about the idea that she had while a sophomore at stanford, dropping out of college at age 19, to start this company. before she's 24 years old getting three rounds of silicon valley funding from some big, big players. but the government, as i alluded to in the question to her, for the last 11 weeks has been painting a picture of someone who was essentially a liar, lying to investors, doctors and patients so she's had the chance now in the last hour or so to be able to get a feel for it, the jury has gotten a chance to get a
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look at her, again, without her mask for the first time in 11 weeks. they were very attentive during they are questioning but it gets tougher for her from here she'll be back on the stand next week and with the holiday possibly into the next week. the cross examination from the government is, count on it, going to be brutal shep. >> scott cohn working that trial for us scott, thank you. speed, agility and attention to detail. sounds like the makings of a great ballplayer, right? well, that's what amazon officials say they have been working on with their delivery drivers and warehouse employees. the company ramping up for a holiday rush, annd they're aimig to get all your packages delivered securely and on time. >> reporter: this is the last stop your holiday package will make before it's delivered amazon delivery stations like this one in central new jersey have increased by more than 300% since 2019 as the company races to keep up with pandemic-fueled online buying. the blue vans, officially known
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as delivery service partners, lining up a week before black friday, gearing up for the avalanche of online buying holiday e-commerce is forecast to be a record $212 billion this year. >> it's their super bowl and they are really excited to be out on the road to deliver to customers. >> reporter: this site can handle 50,000 packages daily for one or two-mile delivery speed increasingly important and so is size these delivery stations are about a third of the square footage of the large fulfillment centers the company is nope for. but large items we all buy online, as amazon delivers more of its own packages. now almost three out of four are self delivered compared to less than half before the pandemic. >> what we're doing is increasing the capacity that we can handle different package sizes. so whereas perhaps in previous years we handled medium-sized packages, now we have a network with wreck do the extra large packages and we're able to provide delivery to our
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customers for packages of all shapes and sizes. >> reporter: amazon invested a billion dollars in its blue van network this year, including in the routing technology drivers use on the road with the goal of faster and more efficient delivery >> the routing is done by amazon what we need to do is stay focused. the technology that they provide is amazing what we just need to do is just get the drivers and the vans, the routes are great where drivers go to the same areas again and again. >> we continue to improve the amount of times drivers go to the same neighborhoods these enable our routing technology to get smarter as drivers visit these addresses. we're able to teach the tech how to help them navigate better. >> reporter: amazon says customer service will be an even bigger focus this year that includes talking to customers on the route and that all-important package placement, whether you want it at the front door, the back door or maybe even hidden to avoid porch pirates. shep. >> frank, thanks.
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like everything else, the thanksgiving national dog show was hit by covid this year, though, it's pack in full force and adding something new to the mix john who is co-hosting the big show will join us live, next we believe the future of energy is lower carbon. and to get there, the world needs to reduce global emissions. at chevron, we're taking action. tying our executives' pay to lowering the carbon emissions intensity of our operations. it's tempting to see how far we've come. but it's only human... to know how far we have to go. at vanguard, you're more than just an investor, you're an owner with access to financial advice, tools and a personalized plan that helps you build a future for those you love. vanguard. become an owner.
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♪ ♪ xfinity rewards are our way of thanking you just for being with us. enjoy rewards like getting illumination's minions movie on us. xfinity mobile benefits. exclusive experiences, like the chance to win tickets to see watch what happens live. andy cohen: hey! it's me! and tasty recipes from bravo's top chef cheftestants
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that'll have you cooking like a pro. the longer you've been with us... the more rewards you can get. join for free on the xfinity app. our thanks. your rewards. thanksgiving less than a week away and so is a favorite furry holiday tradition, the national dog show. nearly 200 breeds and varieties competing for this year's grand prize. $20,000 and the title best in show he's last year's winner, claire, a 3-year-old scottish deer houn. this week's competition is open to the public once again as long as you're vaccinated, or you can watch it when it airs on thanksgiving day starting at noon on nbc. actor john hurley is co-hosting the event john, the show is getting a full crowd. that must help things. >> well, it's nice to have our crowd back with live people and
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a beautiful audience, but we'll also have our normal crowd of 30 plus million people watching the show it's become the most successful show on television right now i tell you, we all have to scratch our heads to say how did this happen? it was 20 years ago that we began this journey and it was a little gap in between the macy's thanksgiving day parade and football john miller at nbc sports, god bless him, went in there saying we're going to do a dog show in that two-hour slot after having watched "best in show" the movie and that's how it all began. >> it's a winner winner for a turkey dinner. there's a new breed in the mix this year? >> yes believe oit or not, the beaver terrier. there it is. it's kind of like a little yorkie but it underscores the fact that when we started 20 years ago, we
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had 160 different breeds we have almost 210 now so part of the evolution has been introducing new breeds to america and hopefully they take one of them home with them and adopt it in a special style for their own -- the way their lives are. we always love introducing new dogs. >> john, i hear there's a new show especially for kids >> you know, this is fun every year we have a 12, 13, 14-year-old handler that kind of works its way into the mix the crowd goes nuts when we have a young handler. so the idea has evolved that we need to have a junior form so we're going to have a junior show as well we're going to be filming it actually going to be presenting it following the show and it will be streaming there on thanksgiving day but it's going to be -- these kids love -- first of all, they love the dogs that they are
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handling, but they're also developing a sense of internal discipline and fairness and so it's a wonderful thing. >> john o'hurley, can't wait to see it after the parade and before the game on nbc thanksgiving day john, good to see you. >> you as well. americans eat about 46 million turkeys every thanksgiving, but the two that we introduced you to yesterday obviously will not be among them president biden pardoned both peanut butter and jelly today. by the power invested in him it was his first presidential turkey pardon. mr. biden joked the two turkeys will help build back the bu butterball ja gobble, gobble they will head to purdue university, an educational tool for students. 70 seconds left on a race to the finish kyle rittenhouse found not guilty of all charges against him. he collapsed in tears in relief. the jury acquitted him in the shooting of three men during racial justice demonstrations
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and protests in kenosha last summer u.s. adults, all of them, are now eligible to get covid vaccine booster shots. just last hour the cdc director officially endorsed extra doses of pfizer and moderna vaccines. and house democrats today finally passed president biden's massive social spending package, but it faces an uncertain future in the u.s. senate where two senators could make massive changes or ruin the whole democratic party and now you know the news of this friday, november the 19th, 2021 i'm shepard smith. follow us on instagram and twitter @the news on cnbc and stintohe podcast on apple, spotify or your favorite platform we'll see you back here on monday somethin s missin my symptoms were keeping me from being there for her.
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become an owner. vanguard. narrator: in this episode of "american greed"... christopher duntsch is a young spine surgeon with a big salary and an ego to match. they thought they had a young, hot neurosurgeon, with cutting-edge skills and excellent training. narrator: but instead of helping patients, he hurts them...badly... kirby: i mean, it was -- it was the worst. i mean, i've never seen anything like it. narrator: ...leaving one after another maimed... paralyzed...even dead. first thing i remember is not being able to move. what was going through my head at that time was, uh, "what did he do to me?" narrator: and yet this killer surgeon keeps on operating.


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