saturation event. legal jeopardy? former president trump stumped in iowa with his former victor set to talk to prosecutors about their hush money investigation. plus roman catholics mark a milestone. it s been ten historic years since francis became pope. and later, they are on the frontline in ukraine s fight to preserve its culture. why the show goes on, despite russia s war. why is it so important to step in? translator: we want the world to see that ukraine also has its own incredible culture. announcer: this is the cbs weekend news from new york with gent duncan. the debate over the collapse of the silicon valley bank intensified hours after markets opened worldwide, and as companies braced for payroll challenges on monday. biden administration officials expressed confidence that the u.s. financial system remains safe skpp sound and that depositers should not be worried about losing their money. skylar henry is at the white house tonight with the latest.
looked ed like a little army t was loading up into the vehicle. who this group is and their motives. the january 6th committee set to hold its second public hearing tomorrow on its investigation into the deadly insurrection. the main points they re expected to zero in on as they make their case to the american people. i know you feel the rising costs all around you. listen to this, what was once a hobby for some is a cnecessity for many now. how couponing is helping many families stay above the water in these tough economic times. we may soon finally learn if there is anyone or anything else out there. why nasa is going in search of ufos and what they re hoping to find. we re so gratful you re starting your sunday and your week with us. it is june 12th. great to be with you. good to have you here, boris. always good to be with you. even when we re talking about some of these stories we have to talk about today, namely this developing story out of idaho we have bee
offended the movie theater industry. so you can bet that hollywood studios are looking at this and celebrating this, theater owners are celebrating this. the question is, with all the turmoil now in hollywood with the strikes on the actors and the writers, whether this will be one of the last big box offices until that is all resolved. i want to move on to twitter because, okay, what is going on with twitter? elon musk announced big changes. is he killing the bird, the twitter bird? it seems as he is killing the bird or throwing it out of its nest. he is saying that he is going to replace the twitter bird logo or the name, twitter, with x, which he is hyping as this company that will literally do apparently everything whether it s banking, online communication, artificial intelligence. that s what he s saying.
movie theater industry desperately needs as you see the buzz behind me just ahead of these showings coming up. success for these two films is crucial, especially now given the fact that there are writers and actor strikes taking place at the same time. just a giant blowout party with all the barbies and planned choreography. you should stop by. reporter: this weekend, millions will be taking barbie up on her invitation, stopping by theaters for showings of her blockbuster movie and for the epic historical drama oppenheimer. i don t know if we can be trusted with such a weapon. the barbenheimer sensation right now that s going on, i think back-to-back films, just like two completely opposite, polar opposites would be really fun to watch. it was very colorful. like the promo, mattel went all out. it was lit. y all should go watch it. reporter: industry analysts call it the barbenheimer craze. two major movies debuting on the same weekend. this weekend is one of the
history, and it could be one of the top-grossing weekends ever. reporter: industry analysts project that barbie and oppenheimer could propel the overall take at the box office for all tickets sold to over $200 million, or even close to 300 million just this weekend. many moviegoers aren t opting to just one of the films. we ve got people not only buying tickets for just one or the other but also buying tickets for both movies. reporter: it s a hollywood-style comeback story for the movie theater industry, which was devastated by the covid pandemic. in the year of 2020 when the pandemic essentially shut down theaters in the middle of march, the box office basically went to zero. reporter: the openings come as hollywood actors and writers are on strike at the same time for the first time in more than 60 years. analysts say the strikes aren t likely to affect the popularity of either of these two movies because the actors had previously been able to go out and do publicity c