Superstar Rob Gronkowski. The new controversy over women friendly doritos. We do say good morning on this tuesday, everyone and begin with your money and the growing concerns about big losses on wall street. Overnight asian markets fell following wall streets lead. At one point in japan it slid more than 7 before recovering some of that loss and Serena Marshall is looking at whats behind the losses and whats in store for today. Good morning. Reporter good morning. It was a tough day on wall street but analysts and the white house caution simply part of the ups and downs of the market. Single biggest oneday drop. Anxious traders as it plummeted 1500 points before rebounding down more than 1100 points. But before you go racing to make changes to your 401 k , that big drop isnt signaling another great recession. The stock market has gone too far too fast. It is just appropriate to hit the reset button. If we look at the results from last year, theyre way above the normal historic averages
Over alleged Sexual Misconduct. And only on cbs this morning, Oprah Winfrey reveals the newest choice for her book club. The lucky author will join us here in studio 57. But we begin this morning with a look at todays eye opener. Your world in 90 seconds. Everythings coming back. They all want to be where the action is. Americas once again open for business. Stock markets take a dramatic nosedive. We opened down over 500 points. Accuse me of illegally leaking classified information and as i didnt give him a standing ovation during the state of the union, apparently a traitor as well. Unamerican. Somebody said treasonous. Yes, i guess why not, you know. Larry nassar received a third and final prison sentence. The judge taking on another 40 to 125 years. A sheriffs deputy is dead. Three other officers injured. Out standing member of my agency. A deadly pileup in iowa on a snowy strip. The crash shutting down a highway for hours. Ive never seen anything like this. All that. Super bowl mvp
On the spot with his use of quaaludes. You gave them to other people . His response was yes, when later asked was it in your mind that you would use these quaaludes for young women that you wanted to have sex with, and cosbys answer again was yes. Its a first time glimpse into the lawsuit then filed by a Temple University employee and since then several women have made similar claims. Gloria allred represents some of the women. And this confirms the susfiction of some of the accusers that mr. Cosby did plan to use quaaludes in order in his words to have sex with young women. According to the documents cosbys lawyers insisted that the women he gave the quaaludes too knew they were taking them bruce caster said in 2005, he put in writing that they would not pursue cosby. I chose to clear him from the possibility of arrest and enable andrea constant then to use the civil courts to get some measure of punishment against cosby which she would not have been able to do if a threat of prosecut
Skies. As you grab that car door handle or maybe as you head to the bus stop. As we roll through the afternoon it is going to be a warm one. Were going for that high of 89 degrees at 3 oclock. And as we go in through the afternoon look for a gusty thunderstorm but more importantly those drenching downpours. Not everybody sees them but if you do you want to slow it down because they could produce quick rising water on poor drainage area roadways. Matt pelman the end of this humid pattern is ahead in the accuweather 7day. Details coming up. David i would not like to be doing Road Construction in this heat and humidity but the crews were out and about lots of them overnight. One of the crews was blocking the ramp from the northbound side of 95 to the westbound side of the vine street expressway. As you can see, that ramp is reopened now and ready for you. Same with the vine itself over by the schuylkill. All the crews have cleared out in both directions. They will return tonight at 11 ocl
This is how the social network will wire up the whole world. And how about this . A computer that processes a billion a billion computation, its a very Early Development in america. Varney company is about to begin. First this china has been selected to host the 2022 Winter Olympics beijing will become the first city who host both the summer and the winter games they hosted in the summer of 2008. They narrowly edged out other cities, and boston did not want it in their city. And price of barrel is down. Gas look at this 2. 66 down another penny overnight. Here is the headline triplea says 2 a gallon gas by the winter. Lower in some states. Look who is here. The former president of shell oil. All right, john listen up do not rain on my parade. Do not tell our viewers what you told them six months ago, that gas is going back to 4 a gallon this year. Dont do it. Okay stuart. I know we still have an open bet dont we . Yes, we do we do. So we shall see who collects at the end of the year. S