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Transcripts For KPIX CBS Morning News 20140501

Reporter annemarie, good morning. The storm system that generated killer tornados in the south drenched parts of alabama and florida before wreaking havoc on the east coast. People tried to drive through flooded streets in newark, new jersey after hours of rain from a storm that is dumping record amounts of rain up the east coast. This woman abandoned her car and walked through water up to her knees. Other drivers turned back before it was too late. I just had to back oust there before i got stuck. Reporter parts of this street in baltimore collapsed wednesday swallowing several cars. The wall, the lights, the cars, everything on that side of the street. Gone. Reporter parts rose in maryland rose so fast people got trapped and rescuers had to rescue them. Parts of alabama were also hit with torrential rain. It aint never been this bad. Reporter at the height of the storm, 5 inches of rain fell on the Florida Panhandle in just 45 minutes. Flooding sectionings of pensacola and destroying

Transcripts For ALJAZAM Real Money With Ali Velshi 20140501

Spending by consumers rose a healthy 53 . But the catch was the exports and business investments, things like snowstorm and frigid weather, those things fell off. But there is reason to be optimistic. Jobs grew by 220,000. Thats the biggest jump weve seen in five months. And a third of the jobs were added by Small Businesses, and Small Businesses are the rocket fuel of americas economy. Of all the jobs added, the biggest chunk of new jobs by businesses and construction was the second largest jobs to come. Even the Federal Reserve noted the economic pick up and Economic Activity after a sharp slow down in winter. The feds said following a twoday meeting that it expects growth in the coming months with more jobs coming online and more spending on housing. The fed feels confident enough to cut back another 10 billion. But there is still some economic problems. More jobs need to be added so the fed for the first time, for the time being is keeping key Interest Rates at or near zero. Normal

Transcripts For ALJAZAM News 20140501

Leader over a murder over 40 years ago. Pro russian separatists are tiektenning the grip on Eastern Ukraine. They hurled the rocks around the building. This is the Prosecutors Office and the crowd has taken it over within the last couple of hours. About 3,000 people are here. They have put the riot police under siege. They have been throwing rocks and stones. In many cases the riot police have their shields and batons taking from the protestor. This is an example of how the government in kiev to clansing. There is a 17 billion bailout package for the ukraine. They are raising the taxes. The gas prices are to soar by 50 and the government is freezing the minimum wage. Paul has a report from kiev. They are been working hard to look at the Economic Situation here in the ukraine and deciding whether or not not to loan the money, 17 billion could be released as early as next week. What impact will it have and the risks coming with it. There are risks. Will the ukraine be able to continue to

Transcripts For ALJAZAM News 20140502

Jail. Ready to name names the daughter of an ira murder victim says she is ready to help police in the case against the leader jerry adams. But first russias president putin criticized ukraine for launching what we calls a punitive operation in the east of the country. Kiev says its blockading the town as part of an antiterrorist operation and Ukraine Defense ministry say prorussian separatist shot down two of its helicopters in the region and prorussia groups are now occupying government offices in several other towns and on wednesday they seized government offices and prorussia separatists taken over government buildings and captured cancelled buildings and on thursday they took over the Prosecutors Office in donsq. We have two correspondents covering the story and we will bet the russia reaction and we will go to eastern ukraine, this is a moving story, jona and bring us up to date with the latest situation report. Reporter it is indeed a moving story steve and it began about 4 30 a

Transcripts For ALJAZAM News 20140501

And the final moments before a south korean ferry sinks. Teenagers ordered to stay in their cabins by the crew. Hello. At least 30 people, including children, have been killed on an air strike on a school in syria. The attack happened in an oppositionheld district on wednesday. James bays has this report. Reporter every day for three years there has been bombs and bloodshed across syria. The latest attacks should shock the world. This was the result of a Syrian Government air strike in aleppo. The rubble here was a School Building which, despite all the violence in the city, had been continuing to operate. The children had been preparing an section on the war in syria, drawing images of the violence they, themselves, experienced. Brutality no youngster should have to endure. They drew images of the future they wanted for their nation, a future they will not live to see. At the u. N. In new york, expressions of shock, deadlock around the Security Council table will again mean no action.

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