40. The mogul is out and his brother calls him sick and depraved. Plus nasas project to fly you across the country in just three hours. Only on cbs this morning jeff glor takes off on a jet designed to break the sound bare yore without a winner doughbreaking sonic boom. But we begin this morning with todays eye opener, your world in 90 seconds. People heard their house shaking. There was a loud explosion. Flames are being seen in the sky. Rescue efforts are under way after an oil rig explodes. The rig burning for hours in lake ponchartrain north of new orleans clearly visible for miles across the huge lake. Were engaging this thing, were taking it by the horns, were going to take it until the job is done. Fire Officials Say they finally feel like theyre getting the upper hand on the wildfires devastating Northern California. Were not out of the woods yet but were making tremendous progress out there. The death toll in somalia rises. Its the singest deadliest attack in somalias history.
Euro zone finance ministers are meeting today. The gathering comes amid slowmoving talks on a deal with greeces creditors. Germanys finance ministers says his country will do everything he can to keep greece in the eu. Uber trying to raise more to value the company at 50 billion. Facebook was the only other company to reach that valuation. An alibaaba buying more online retailer zulily to take its stake to 9. 2 percent. The chinese ecommerce giant not looking to acquire zulily outright. The big Global Market story leading the wall street journal, china cutting rates again. Good day. How are you . Reporter its 6 00 in the evening here and im doing well and this is the third rate cut that weve seen in six months and probably going to see more. The economy here as you guys know is slowing down but most people are getting more and more concerned that the economy is rapidly losing momentum. The april data so far has been disappointing. The trade figures as well as the inflation data out ove
Online at cspan. Org. Well break ahere, the u. S. House is gaveling in to begin their legislative work on the week. Among the bills is one that would delay the National Flood Insurance Program premium increases passed in 2012. 2012, that bill was postponed from Floor Consideration last week, reportedly due to the lack of support for the legislation. Senate passed its own version of the bill 6732 in january. Live house coverage here on cspan. The speaker pro tempore the house will be in order. The chair lays before the house a communication from the speaker. The clerk the speakers room, washington, d. C. , march 4, 2014. I hereby appoint the honorable jeff denham to act as speaker pro tempore on this day. Signed, john a. Boehner, speaker of the house of representatives. The speaker pro tempore the chair lays before the house a communication from the sergeant at arms. The clerk the honorable the speaker, house of representatives, sir, as you are aware, the time previously appointed for t
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