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tv   The News With Shepard Smith  CNBC  January 26, 2022 4:00am-5:00am EST

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plan to file charges against him for a third time in the nona dirksmeyer killing. that's all for this edition of "dateline." i'm craig melvin. thank you for watching. n "mad money." ♪ ♪ russians an invasion could change the world i'm shepherd smith this is the news on cnbc on the edge of war, russia ramping up military drills, america readies thousands of troops tonight, new reporting from the front lines inside ukrainian trenches the fda backtracks on two popular covid treatments. >> it's really a reckless decision to be able to take this option away from patients. >> the backlash and why the fda says it pulled the plug.
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a new party during lockdown revealed at 10 downing street. this time a birthday bash for the prime minister himself now british police launching their own investigation. >> in relation to potential breaches of covid-19 regulations. put down the pencil, pick up the laptop the s.a.t. going all digital the major changes announced as more schools get ready to scrap the test altogether. market swings ahead of the fed's big meeting. a controversial first of its kind fee for gun owners. and the baseball hall of fame reveals the class of 2022 >> announcer: live from cnbc, the facts, the truth, the news with shepherd smith. good evening the white house says a russian invasion of ukraine remains imminent, and president biden suggested today that u.s. troops could be on the move soon. the new announcement comes as
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russia ramps up military forces near ukraine and conducts military drills. this new video of russian crews driving around and testing short-range ballistic missile systems. president biden warning russian president vladimir putin that an invasion would have dire consequences, not just for russia but the whole world. >> there will be enormous consequences if he were to go in and invade as he could the entire country, not only in terms of economic consequences and political consequences, but there will be enormous consequences worldwide this would be the largest as if you were to move in -- the largest invasion since world war ii it would change the world. >> the pentagon preparing more than 8,000 troops for possible deployment to eastern europe today the defense department told reporters that number could grow in the days and weeks ahead. president biden insists no american forces will be deployed
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into ukraine itself. but the u.s. and its allies continue to ship weapons and military aid into ukraine to help the country bolster its own defenses today an american plane brought in antitanker missiles and other hardware our reporter is on the ground in kyiv. >> reporter: shep, what we just saw in the last couple of hours, ukrainians greatly taking receipt of the second aid shipment the first came on saturday these are actual weapons that will kill people it's one of the reasons why it look like the biden administration had kind of been delaying on signing off on this 2$200 million package some are somewhat skeptical it will be all that useful.
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certainly very high-tech, very expensive equipment, but only when it comes to fighting against ground forces,n tank, bt hours and days of the possible impending attack, officials believe it won't be on the ground, it would be surface to surface attacks or airthese a an a a a a antimissiles it ice because the military has such an overwhelming force on the air and in the sea they'll make a meal of ukrainian forces before they even put boots on the ground in this country that's why ukrainians are putting a little bit of hope in tomorrow's negotiations with the so-called normandy 4 or normandy format they're going to be meeting in paris. this is one of the rare opportunities when ukrainian diplomats are actually going to be involved in negotiations about the fate of their own country.
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>> thanks. former ambassador is with us the white house says an invasion is imminent. has enough been done in your estimation to prepare for what happens diplomatically or militarily if that does happen >> i think so. i think we've spent the last few weeks, next, a couple of months to bring the nadeau alliance together around a very clear set of policies possible short ot o becoming part of an invasion ourselves. we're involving forces toward the east and helping ukraine represent themselves, and we're putting together sanctions in case russia should act against ukraine. we've also opened up a different
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track to see if there's another way out. the choice is really for russia and the united states and its allies and europe stand as one, no matter which way russia chooses to go. >> we heard from the administration all our standing is one, but when you look at the facts, it's hard to say that germany and, frankly, in some ways france there's no light between them as the question was put today. do you see this holding together because if there's an invasion, pressure on everybody will mount. >> yes, i do think it's going to hold together because ultimately the reason this alliance has survivedd for now over many circumstances is separately and we're much better of there's a fund me amental that we swim together or swim off there are differences in our country. there are debates, questions about what the right strategy
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is, but once the chips are down, once the people are sitting around that table at the north atlantic council in brussels or wherever it is they're gathering, they need to be united, the need to stand together as one is there and the debate will be over until the next phase of this conflict. >> ambassador ivo daalder, thank you. our sister network "sky news" takes us into the trenches coming up. were you worried that wall street would calm down after yesterday's wild ride? jim cramer said the markets needed to test the bottom. well, they did then the dow mounted a massive comeback for a second day in a row. the dow closed down just 67 points after falling more than 800 earlier in the session today. the nasdaq didn't do quite so well the tech-heavy index fell by
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more than 300 points and has been negative 5 out of the last six sessions all of this volatility as the federal reserve began its two-day policy meeting today the key item on the agenda, feeding back inflation they signaled they would raise interest rates in march. that would be the first rate hike in more than three years. the rate right now is just above zero sara eisen from ""closing bell." >> another tumultuous day that started with a stumble found a stunning midday comeback and retreated again at the close the tech-heavy nasdaq lost 2.3%. names like amazon, nvidia, all driving. investors are preoccupied by the
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u-turn we're seeing from the federal reserve. that's if the fed takes away interest rates all the investments that worked best over the last two years when the fed was in generous mode are unraveling. think bitcoin, meme stocks like gamestop, and, yes, technology, which was the darling of the market it doesn't look like it's improving tomorrow microsoft is showing strong growth, but not enough for a picky market the stock fell more than 5% after hours. so it looks like microsoft could determine the direction. it's come back a little bit. >> we watched on the day, sara, as the dow mostly recovered, a mostly swing day what was that about? >> fully recovered, added 200 and then lost it in the close. this is tremendous volatility, the likes of which we haven't seen in years. ultimately it faired better
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because it does include internal and bank stocks, which did well today and got a lift from two earnings winners, which is american express americans are spending more on their credit card than traveling. and ibm, that company tries to turn around its cloud business there are some bright spots in the market. >> bright spots we like. sara eisen from ""closing bell." thank you. americans should no longer use two popular antibody drugs because they no longer protect from the covid variant they're made by regeneron and eli lilly. officials say they could reauthorize them if they prove to be effective against future variants millions have already received
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it and several have made it the focal point of their responses governor desantis calls this move to halt the drugs sudden and reckless. >> this is not the way to help people in our view people have the right to access these treatments, and to revoke it on this basis, it's fundamentally wrong and we're going to fight back. >> florida has shut down all 2,0 a poichl of its antitreatments meg, break down the data if you could. are these antibody drugs effective at all >> they were against previous variants, but once omicron came out, it's clear they don't work against it analysts came to this conclusion indep independently. as rejgeneron put it in a
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statement, its drug does not work on lab tests and it's not going to work with people infected with this variant eli lilly adds its own studies that, quote, its drugs are not effective in treating the omicron variant. they say it doesn't make sense to continue using these drugs. omicron makes up 99.99% of the cases in the u.s the fda says it could allow use of the drugs again in the variant shifts we've seen this do it before with the eali lilly drug. both companies say they've gun work on next generation drugs that will work against omicron and other areas of concern they near the process of beginning trials, but eli lilly says application for its new
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drug is ongoing. for now it means treatment options are limited. there's still one antibody drug for treatment as well as the antiviral pills from pfizer and merck. >> and pfizer is starting trials for a drug that targets omicron. what do we know? >> from the time omicron was identified, we know the company was working on a drug in case it's needed it now they've started it and now they're starting clinical trials they're trying it in three ways, as a primary and boost for people not yet vaccinated and as a third or fourth dose for people who got the original vaccine. they're testing a fourth dose of the original vaccine as well all of this should provide inform authentication can bring to the fda and other agencies to figure out the next step. >> thank you. a first-of-its-kind gun law
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proposal it won't take guns away, but it will cost them the new idea being considered by lawmakers in california that has critics vowing we'll see you in court. >> michael avenatti, first he represents stormy daniels in a case against the former president. now he's on trial accused of stealing from her, and today he made a big decision about his defense. and the numbers are out. the rise in home prices and the cities that will do the most damage to your bank account.
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sdwloo san jose could become the first city in the united states to require gun owners to buy liability in san jose could become the first city that forces gun owners to buy insurance.
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it would force gun owners to pay $25 per household each year. people who don't pay their guns will face an unspecified fine. it's part of a gun controlled plan the mayor released last june that was weeks after a gunman opened fire at a san jose rail yard he killed nine people. say taxi constitutional right is illegal. scott cohn now with reaction to the proposal. >> san jose is one of the hundreds of american communities rocked by mass shootings but gun rights activists say taking a constitutional right is ill illegal. mayor sam scott cohn now with reaction to the proposal. >> san jose is one of the hundreds of american communities rocked by mass shootings nine people killed and the gunman taking his own life had at a municipal transit rail yard last summer and that's in america's tenth largest city for san jose mayor sam liccardo
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said enough is enough. we must do whatever we can within our power to prevent another family from experiencing yet another devastating loss >> his local solution, require all gun owners living in the city to carry liability insurance and require them to pay an annual fee to support a new non-profit organization aimed at reducing gun violence liccardo likens the insurance provision to the requirement that car owners carry auto insurance, and the new nonprofit funded by gun owners can help reduce gun violence, but gun rights advocates are vowing to challenge the ordinance in court >> most importantly, they will not stop gun violence. >> the city council has received dozens of letters and messages ahead of the meeting many calling the ordinance unconstitutional this is an attack on our second amendment right to own firearms and doesn't stop gun violence, one wrote. instead, go after the people who commit gun violence. >> that is the tone of the vast majority of the messages sent in
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city hall ahead of tonight's debate that the ordinance woul penalize abiding gun owners and would not solve the problem. the mayor says people can qualify for lower premiums by adopting commonsense measures like gun locks, and he says the nonprofit will help educate against gun violence his city council could approve this measure as soon as this evening and it almost certainly, shep, will not be the last word. >> scott cohn live tonight in san jose >> a second police officer in new york city has died days after a gunman in harlem shot him and at the same time killed his partner. the police commissioner said he died today after he was seriously hurt in the shooting on friday. his name, officer william wilbert mora the police commissioner says mora is a three-time hero for his service, for sacrificing his life, and for donating his organs nypd officials say officer mora and his partner officer jason
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rivera responded to a call at a harlem apartment a woman was asking for help for her adult son. they say when the officers got to the apartment, the gunman threw open a bedroom door and shot the officers in a narrow hallway. a third officer shot the suspect and he tried to leave the apartment. the alleged killer died from his injuries yesterday we're in the middle of a national blood crisis, yet rules that doctors call outdated are preventing some people from donating now calls for change, but those same doctors calling for change say it could be too little too late. and new hope for novak djokovic in his bid to play in the french open. the rules kept the tennis great off the hard courts down under, but a loop hole at roland-garros could put him back on the clay
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a blood shortage is hitting crisis levels from coast to coast. the red cross reports the shortage is forcing doctors across the country to decide who will get blood transfusions and who will have to wait. the organization says it's seen a 10% drop in donor since the pandemic started and it's calling on everyone who can donate to do so. but the federal government still requires sexually active gay and bisexual men to abstain from sexual activity for 90 days before they're allowed to donate blood. the fda originally created the restrictions during a time when hiv was not well understood at all. of course, that's changed, but the policy has not and critics to the ban also points to the cdc rules that require every blood donation to go through screening for infectious diseases, including
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hiv. cnbc's valerie castro with the renewed calls for the fda to scrap the restrictions >> now is the time to sign up, make an appointment and donate. >> while the red cross begs for blood donations, law makers doctors and civil rights groups are calling on the fda to change its guidance on social media, representative richie torres an openly gay congressman from new york has called on the fda to respect the authority on science and end its discriminatory ban. >> it's rooted in some really bad, bad stigmas and stereotypes. >> once a lifetime ban in recent years the fda has rolled back the timeframe for gay and bisexual men from donating blood to three months, but glaad, an advocacy group for the lgbtq community says it is not rooted in science >> i think the fda is not modernizing quick enough to understand that it's the important thing to measure here is risk, and not identity. >> i see this policy, and i'm just truly baffled by why this discriminatory and unscientific policy is still standing
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>> dr. monica hahn is among hundreds of physicians who wrote an open letter to the fda in 2020, urging a change, citin current blood testing advancements >> we can accurately detect the presence of hiv in patients about ten days after hiv transmission occurs. so, again, really no scientific reason backing up a three-month policy >> in a statement the fda says it has been actively engaged in re-examining the issue and considering the possibility of pursuing alternative strategies. one of those is the fda-funded advanced study, a risk-based assess meant of donors, but there is no timeline for when it will be completed. >> i think it's buying them time, and what we don't have right now is time because we're in a blood crisis. >> the new york blood center is another large organization also dealing with the drop in supply and donors they tell us that blood drives typically held at schools have been canceled given the surge in omicron and winter weather like what the northeast could
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experience later this week always makes an impact shep >> valerie castro, thank you an experiment to provide employees with healthcare, but in this case the customers are footing the bill their reaction may surprise you. and boris johnson, will his time as prime minister end as early as tomorrow? a make-or-break report into his lockdown scandal set to be revealed as british police get called in for a brand-new investigation. the very latest from number 10 downing street as we approach the bottom of the hour and the top of the news on cnbc. hey, do you know if i work sunday? sure do! clover does that. who are you? he's from clover. clover does that so i can do this. i like that green. chef, can we hire another hostess? umm... psst. yeah.
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i was gonna add an exclamation point. and one chicken salad. anything else? yeah, do you also take orders online? yeah, we do that. yeah, we do. thank you. clover does that. this is really good. secure payments, the tools you need, people who can help, we do that. talk to a clover business consultant today
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we've been reporting on inflation and rising prices on this newscast for months now costs up at the grocery store and at restaurants a little tart -- i should say, at little tart bake shop in atlanta a croissant now costs 16 cents more than it did a month ago, but inflation is not the reason the owner says she's raising prices to help cover the cost of health care for her workers and as it turns out her experiment is working and other shops are taking notice. here's cnbc's kate rodgers >> in july of 2021 sarah o'brien posted an image to instagram she feared would blow back on her small business, little tart bakery in atlanta. it alerted customers it would
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be adding a 4% fee to all transactions to help cover employee benefits including health insurance and sick leave. while she'd offered insurance for years, the benefit became more essential in the wake of the pandemic and she wanted to expand the program in the face of higher costs while ensuring customers knew where the fee was going. >> all these people that you get to see all of the time who know exactly what your coffee order is and know what your kids' favorite cookie is and this place you love so much is so great because of them, that's going to help cover their insurance. >> not only did customers understand, o'brien says they've been wonderfully supportive. the expansion also helps to retain staff at a time of historically high turnover. >> how do you make it so it's a career how do you professionalize this thing that sometimes people think it's a stop-gap job. >> at japanese restaurant kokoro in colorado, costs are also going up for diners. while not itemized, the owner
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says prices have gone up to help cover high wages, health care costs, and paid time off, all key as covid continues on. his payroll has increased by $200,000 in the last year. customers have taken note and continue to support the business >> when you have a direction conversation and you say these costs are about taking care of our employees and making sure that everyone is in a healthy situation and they're able to take the time off that they need, people have been pretty understanding. >> the results of the little tart bake shop speak for themselves o'brien says she's hung onto about 75% of the same team she had pre-pandemic at a time when labor is tough to come by. she's hoping to one day be able to fully cover health insurance and paid time off for their workers. >> shep? >> kate rogers, thanks no letup in the cost of buying a home, and that's what's topping cnbc's "on the money."
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home prices are still soaring. costs are homes up 18.8% year over year in november. that's according to the s&p core logic case-shiller national home price index. the national market typically cools off in the year. phoenix, tampa, and miami leading the way all with 26% the top 20 metropolitan areas all posting double digit price gaps growing online sales causing a big headache for retailers on average, nearly 17% of total merchandise purchased online last year will be returned, they say. that from a national retail federation and realty or i should say retail survey returns tend to be higher for purchases thrown onto a virtual card the total cost of unwanted stuff expected to top $761 billion companies decide whether they can resell the goods, write them off, or take the loss. and just when super bowl fans won buffalo, shake shack gives them a shot at two more.
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the restaurant chain offering new menu items right before the big game a buffalo chicken sandwich and buffalo spiced french fries with cheese you can score the sandwich and fries nationwide starting on friday on wall street, the dow down 67, the s&p down 54. the nasdaq down 316, off more than 13% just this year. ♪ >> i'm shepard smith on cnbc it's the bottom of the hour. time for the top of the news on the front line with the ukrainian army outgunned and outmanned by russia. an up-close look at why they fight and the foreigners joining them in the trenches. no more scantrons. the s.a.t. is going digital. the other big changes to the college admissions test. and you probably never heard
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of her, but right now she might be the most powerful woman in the united kingdom her name is sue gray she's a civil servant who oversees the british government's ethics investigations she's completed an investigation and now a report into the alleged parties held on number 10 downing street over the next two years, that report expected to be published tomorrow at the time of the event the uk government had imposed strict covid restrictions on gatherings a dam,ing report could lead to a no-confidence vote in parliament that vote could push the british prime minister boris johnson out of power today london's metropolitan police launched its own inquiry into the alleged parties at downing street the chief of police says they're looking at whether those events broke any covid rules. today boris johnson said he's open to the police investigation. >> i welcome the decision to conduct its own investigation because i believe this will help to give the public the claire
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fit needs and help to draw line under matters. >> boris johnson's troubles do not end there. there's now word of yet another lockdown party a birthday bash for the prime minister himself itv news in britain reports his wife helped organize a surprise get together for him in june of 2020 at that time large, indoor gatherings were banned downing street says his staff gathered briefly to wish him a happy birthday they say johnson was there for less than ten minutes. sam coates joins us from outside number 10 downing street he's the political correspondent for our sister network "sky news." sam, sue gray has received new information as part of her investigation. >> reporter: yes sky news understands that sue gray's probing parties in lockdown has received photographs given to her by boris johnson's officials showing him at events with wine bottles, people gathering close together which apparently breached the tight covid lockdown rules that were in place at the time. that being confirmed to us at sky news by two sources.
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it's got into sue gray's report, and we wait in the next few hours and days for the conclusions of that report >> do we know if this yields the prime minister's fate one way or another? is that how his party is going to assess it >> reporter: we know that sue gray's report will be one of two or three things that determine whether or not boris johnson stays in office. if the conclusion of that report which we might not ever see and the conclusions are so damaging he can't continue in office, he'll be slung out by his own conservative m.p.s and then there's the new revelation today of police investigation into what went wrong. did they break the law in the building behind me if the police find that boris johnson personally break the law then that could be a tipping point, but the question also is whether there were just too many scandals dogging boris johnson at the moment and it might just be that boris johnson's m.p.s
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decide that all of this is too much and he'll have to go before the next election. >> novak djokovic could defend his french open title even if he's not vaccinated against covid. it initially appeared that the number one men's tennis player would bebanned from playing at roland-garros after the french parliament approved more covid restrictions just last week. under the new law that took effect just yesterday only vaccinated people are allowed. anyone that shows proof that they tested positive within the previous six months is exempt from having a vaccine pass that means djokovic could play in may he said he tested positive for covid in december. last year officials deported djokovic saying his presence could stir up antivaccin sentiment in the country they kicked him out a day before the tournament got urn way in melbourne. djokovic has said he will not give public statements until the end of the australian open, so
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this sunday at the earliest. president biden making it clear today he does not plan to send any u.s. troops into ukraine itself that means ukrainian soldiers on the front line would likely face the full might of the russian war machine alone largely. our sister network "sky news'" stewart ramsey visited the frozen trench in eastern ukraine. there we found two englishmen who joined the ukrainian military and they're staring down a possible invasion. >> reporter: through snow-filled trenches, they make their way through the most exposed areas in near silence. the front lines of this conflict in ukraine are fixed, but the fighting is a constant it is very dangerous and it certainly feels it they've been in these trenches for years. whatever the rising tensions outside, nothing here in the mud and snow actually changes. although an invasion could have changed everything
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this brigade guards the southern flank of the iranian army's front line with the russian-backed separatists in the eastern portion of the country. there are two protracted soldiers foreign fighters have joined up. pena are from england. >> this is my old position back in 2019. >> reporter: both say they've started new lives here, which is why they're fighting >> the tree line over there is the enemy position >> i'm married and ukrainian and i've got every right to be here, and it's taken me a long time to integrate here so the guys know i'm not a war tourist or a war junkie, and i' with an organized duty and a contracted soldier even though i'm not sitting around and going to go home at the end of it, i've been here. my family is 15 kilometers i can hear the shelling from my front room.
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>> reporter: sean is a section commander here, but he's realistic about what mali ahead. >> if they come across the border, we don't have guns, air superiority, we don't have a naval fleet, but ukrainians fight, so we'll give them a bloody nose, that's for sure >> reporter: johnny wood is on his third rotation. >> i think all the west needs to do is support them politically give as much political support as they're doing and just give them the weapons they need to defend themselves and to defend their country. >> reporter: the ukrainian army has improved a lot since 2014, but it's infinitely outgunned by the russians chl
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there used to be a brigade o foreign fighters and that's been disbanded and they've been assimilated into the ukrainian army however, it's quite clear that volunteers do want to come from as broad as this whole incident has grown. we understand a hundred vets from the united states are on the way and do training in kyiv before they come to the front line >> the british prime minister like many others is warning that an invasion would provoke a bloody battle akin to the chechen worry with thousands killed and whole communities destroyed. on the shores of the sea lies this town, destroyed in the fighting and abandoned in 2015 scenes like these are exactly why embassy staff are being evacuated. this could so easily happen again and likely will if efforts to reach a compromise fail we are right on the edge now. >> stewart ramsey from "sky
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news" report for us tonight. three stories from around the world we're watching now in mexico, protests after two journalists were killed in less than a week in tijuana the most recent lourdes maldonado lopez found shot to death inside a car on sunday she was known for covering corruption and politics in tijuana. that's according to a press organization called article 19 at a press conference three years ago she told the country's president she feared for her life and asked for help, and last monday a photographer known for covering crime scenes was shot and killed outside his home no word on whether the two killings are related. in cameroon, at least eight people killed in a stampede before a soccer game it happened yesterday as the crowd tried to get into the stadium. for the first time in 50 years, cameroon is hosting the africa cup of nations, a soccer tournament for african teens cameroon was scheduled to host in 2019, but instead the tournament was given to egypt over concerns that cameroon just wasn't prepared. as of now three more games are scheduled for this stadium where the stampede happened. and in parts of greece and
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turkey, snow and ice stranded thousands of drivers the blizzard started late on sunday, we're told, an continued for more than 12 hours. many people forced to spend the night in their cars while others abandoned them and walked home soldiers distributing food and blankets to the stranded in athens, the government reports it's evacuated about 3,500 people last night. the government fined the company that maintains the roads there and ordered it to pay each impacted motorist the equivalent of $2,200. you've heard the warnings, get ready for the worst tax season ever. coming up, hear the story of one woman who knows just how bad it can be. plus a toddler thrust into the arms of a police officer the child not breathing, her parents screaming for help what the officer did next with the child's life in his hands.
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with no line activation fees or term contracts... saving you up to $500 a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business: powering possibilities. michael avenatti, the ce michael avenatti, the celebrity lawyer who skyrocketed
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to fame representing stormy daniels when she sued the the then president donald trump. now avenatti is on trial himself, and today we learned he'sdefending himself in federal court. avenatti is accused of defrauding the adult film actress. prosecutors say he cheated stormy daniels out of 300 grand that she was supposed to get from her book deal he's accused of using it to pa for a ferrari, hotel stays, dry cleaning, and to make payroll at his law firm. the feds say avenatti lied to stormy daniels and told her the book publisher never even sent the money. the attorneys made opening statements yesterday, and today a judge granted his request to represent himself for the rest of this criminal trial it's happening in manhattan. fo avenatti pleaded not guilty and
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says he's completely innocent of the wire fraud and identity theft charges against him. put away those number 2 pencils once and for all and forget all about filling in your answer bubbles completely because the s.a.t. is going digital, and that's not the only major change at the college announced just today the new test will take about two hours now instead of three calculators to be allowed in the entire math section. math problem, they say will be less wordy and reading passages will be shorter. college board officials say it's all part of an effort to make the s.a.t. easier to take and easier to give the new exams scheduled to roll out year after next, but ther as here's cnbc' changes come as many colleges are shifting away from standardized tests lots of schools have made test scores optional for admissions here's cnbc's perry rossum the new s.a.t. pops up on the screen where you click on the answer there is a reference sheet and calculator on the top right with a timer in the middle.
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. >> we're trying to make it the least stressful option possible. >> reporter: the test will be taken on a laptop or tablet and the results come back in days rather than weeks, and it will be on the 1600-point scale and taken at a test center at schoole as the they can't toggle to another screen or google or message a friend and there's nothing they can do >> natalya is part of the pilot program. >> it was very concise, and it was easy to understand i thought the new digital version was very practical. >> the changes come as the s.a.t.'s future is in question the "l.a. times" reports tomorrow the board of trustees at california state eun letters will debate on whether to permanently end testing requirements >> there's really no need to take the test for most students. robert schaefer is with fair test, a group looking to end
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flaws with standardized testing. s schaefer says 1,800 colleges and universities do not require s.a.t. scores for next fall. >> it underestimates the academic abilities of young women and overpredicts for men underpredicts for kids whose first language is not english. a growing percentage of college, and it underpredicts for students age 25. >> reporter: if a student does not have a laptop or computer to use, it will be given. if the computer crashes, the timer is stopped and the work is saved as well. and we are a ways from this happening in the u.s march 2024, more than two years away >> perry rossum, live tonight. thank you. throughout the pandemic congress issued a series of economic benefits from stimulus checks to tax breaks the lawmakers say they've been critical lifelines for many american, but the benefits are also causing serious headaches for the irs. last night we reported on how the agency's dealing with outdated technology, staff shortages, and major backlogs.
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tonight we're sharing the story of a woman still waiting for her tax refund from last year. is cnbc's ylan mui on what could be the worst tax season ever. >> the bill as amended is passed. >> reporter: it was supposed to be good news, a new tax break passed by congress last spring that made thousands of dollars of unemployment benefits tax-free before alicia holiday in ohio, it was the start of her tax nightmare. >> there's no point in calling anymore. they're just going to tell me the same thing it's processing, it's processingan amended return and waited and waited and waited nine months later still no cash. >> they all told me that nothing is wrong and i >> reporter: holiday thought she did the right thing. she filed her taxes to cover her wife and two kids.
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when college changed the rules a month later at first she was thrilled instead of owing money to uncle sam she would be getting $2,200 and she filed an amended return and waited and waited and waited nine months later still no cash. >> they all told me that nothing is wrong and it's still processing and holding up all of the money that, you know, my wife and i are on you know, need to get a second vehicle and things we need for the home. >> typically, the irs receives $35 million calls during the tax season last year it got 119 million experts say the system is simply overwhelmed. once you're in this endless loop of communications, et cetera, it's very difficult to call and get resolution in that process, and you're going to just need to have extraordinary patience. >> reporter: but holiday feels hers has just about run out. >> it's really hard to place blame on something because i do have a heart, but it's kind of, like, you have a job, get the job done, or hire more people to get this stuff done because it's not fair to the people who are doing what they need to do by the time frame it needs to be done, and i feel like we're being penalized for it. >> reporter: generally you don't have to wait for last season's
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tax results to get resolved beforea hero you fil aftere thie but, shep, there are exceptions, and there is a risk you could get buried in the backlog again. >> ylan mui, thank you a los angeles police sergeant hailed as a hero after he saved a choking toddler's life he noticed a man trying to flag him down and he got out of his car and he found an unresponsive girl -- >> please! i don't know what's wrong with her, officer, please please please please please >> it happened last week near echo park in los angeles this is body cam footage from the incident you can see the man carrying his daughter limp in his arms. [ screaming >> please, officer, please >> her mother, screaming for help she's not breathing. but then the officer starts giving the girl back thrusts and
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that dislodged whatever was caught in her throat >> no! >> please! officer, please! >> please! please >> i don't know, baby! i don't know >> she was in the car with me! please, just -- it's okay mami, it's okay, my love what does she have what does she have, mami open >> something came out. something came out >> something did come out. the officer hands the little girl back over to her parents. the lapd reports the medical staff treated her at a hospital and that the little girl is going to be just fine. well, after $10 billion and a 1 million-mile journey, the james webb space telescope has arrived at its designation now nasa's next trick, getting it to open its eye. and tonight's baseball hall
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of fame just inducted one, one player, while potentially shutting the door on some of the sport's biggest names. that so i can do this. i like that green. chef, can we hire another hostess? umm... psst. yeah. i was gonna add an exclamation point. and one chicken salad. anything else? yeah, do you also take orders online? yeah, we do that. yeah, we do. thank you. clover does that. this is really good. secure payments, the tools you need, people who can help, we do that. talk to a clover business consultant today
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>> we're one step closer to uncovering mysteries of we're one step closer to uncovering mysteries of the universe, that quote from the nasa administrator bill nelson as the james webb telescope reached its final destination about a million miles away from earth. nasa says it's the most powerful telescope ever it took thousands of scientists and almost $10 billion to make it launched christmas morning for what nasa called one of its most ambitious missions yet. scientists set to harness its power to peer to distant, objects to better understand the early days of the universe mike menzel now, nasa emissions systems engineer working on the telescope. mike, thanks so much all of the components were
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folded into a rocket and unfurled in space. that had to be incredibly difficult and are you surprised how smoothly this has gone >> well, we were a little surprised and we were definitely relieved we all knew the risks of the mission and we worked hard to prepare for it tests, analysis, you know, what-if simulations to simulate what kind of problems we would have, and we were all very gratified and relieved to see it go as smoothly as it did >> how quickly could photos and data start to be analyzed here when can we see something? well, you'll be seeing something probably in the early to late june time frame. between now and then, we're calibrating instruments. everything has unfolded and everything is assembled and we have to turn on the instruments, calibrate them, align our telescope, focus it and probably in the early to late june timeframe you'll see the first images >> guessing some people are going, wow $10 billion, there are a lot of other ways to spend that money to them, you say what? >> well, look. you know, it's a fundamental part of the human condition to
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ask questions and explore, and telescopes like james webb are going to put us on the verge of answering some of our most -- some of our oldest and most fundamental questions. how did we come to be? how did our sun and galaxy form? are we alone in the universe you know, for $10 billion to start answering those most fundamental questions to me is well worth it. in fact, it's inevitable sooner or later you'd have to do this you can't look at the night sky and not try to find out what the farthest thing out there is. >> well, good luck all the best can't wait it see the pictures mike, have a great night thank you. the boston red sox slugger david ortiz elected to the baseball hall of fame. it happened just last hour but two other controversial
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legends, roger clemens, barry bonds denied entrance to the cooperstown. he got 75% of the votes needed to been shrined. david ortiz is widely regarded as the greatest clutch hitter of all time and he reached hall of fame despite a positive test for performance-enhancing drugs back in 2003. if a veterans committee votes them as for bonds and clemens they're not as fortunate they rejected the stars on their tenth and final year on the ballot their only way in now would be if a veterans committee votes them in. bonds' and clemens' career both tainted with steroids. in a statement clemens wrote in part i didn't play baseball to get into the hall of fame. i played it to make a difference in my family and he put that in the rear-view mirror a long time ago. among the first timers, alex rodriguez and jimmy rollins received the most votes. 65 seconds on a race to the finish the white house says a russian invasion of ukraine remains
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imminent today president biden suggested the united states' troops could be on the move soon as the pentagon prepares more than d p 8,000 service members fo possible deployment to eastern europe british police are investigating alleges parties during lockdown at prime minister boris johnson's official residence at 10 downing street we're awaiting the release of the ethics inquiry and the fda has revoked it emergency authorization are for covid antibody treatments made by regeneron and eli lilly they are not effective against the omicron variant and now you know the news of this tuesday, january 25, 2022 i'm shepard smith. follow us on the gram and twitter on the news at cnbc and listen to the podcast wherever you get yours and we'll see you back here tomorrow night
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it is 5:00 a.m. on cnbc. here's your top five at five could it be another in thing futures are higher across the board in what has been one of the wildest weeks ever. the fed meeting today. nobody expects a rate hike now, but will they all but scream with what's going to happen in march? dennis lockhart is here. microsoft to the rescue. shares are higher after earnings we speak with one top-ranked analyst on where it goes from here. plus, could it be the mo


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