white sox up 4-3. where is mariano when you need him. last chance for the yankees. derek jeter at the plate comes close with a man aboard. that would have been a came-running home run. the white sox put it away. yankees winning streak wins at five games as dave robertson blows the save. giants host the reds. scoreless in the firstç buster posey going to try to score from second. he slides in safely. pigan out trying to take third. giants go up 2-0. starting pitcher, baumgartner gets the eighth strikeout of the game. he goes the distance for a one-hit shutout. the giants are dealing, beat the reds, 5-0. they have not allowed a run in four consecutive games. four straight shutouts. the first team since the 95 orioles to allow runs in four straight games.
congressman, darrell issa also passed a resolution to pursue civil action against the attorney general which could lead to a lengthy court battle. holder had previously announced he will step down at the end of this year. the wall street journal reporting that jpmorgan chase is coming under new scrutiny from regulators. oversight officials are asking to review the firm s internal risk models to gauge the possible effects of another significant loss. no reports suggest the bank s losses may rise to as much as $9 billion. more than four times the original estimate. more details expected when the bank releases its quarterly earnings on july the 13th. still ahead here on way too early this morning, we call this two teams, opposite directions. the san francisco giants toss another shutouts and the dodgers lose their fifth in a row to surrender first place to their no-call rivals. highlights for the night in baseball ahead in sports
hotels and other sites killed almost 7,000 people. mallika kapur joins us live from mumbai. first of all, tell us, i know there was a lot of people during rush hour. what do we know about this? what are you seeing? reporter: the explosions took place in three areas, three very, very busy commercial areas. they took place a little over an hour ago, three of them within 15 minutes of each other. we have heard from the prime minister just a few minutes ago, and he has confirmed there were three improvised devices used, and those are the ones that set off the blasts. before that was, they were still not sure what had caused the blasts. there was lots of speculation. but they say they were improvised devices that were used. there is a sense of fear in the streets at the moment. people still waiting to find out how many people have been injured, how many casualties. there are various reports at the moment because it s just been about an hour since these explosions took place. som
ronald reagan tried to lower the cost of living adjustments for social security. the entitlement programs that make up our safety net for the truly needy have worthy goals but there s only one way to see to it that these programs really help those whom they were designed to help and that is to bring their spiraling costs under control. you know what? didn t work. and the backlash was harsh. democrats gained 27 house seats in the 82 midterms in part because of a surge in elderly support. or go to 1995 when newt gingrich led the crusade to lower medicare spending eventually triggering two government shutdowns. the whole issue, the whole issue over this next month is how much reduction in medicare growth and spending versus how big of a tax cut. we know how that played out. in the wake of the shutouts the voters spoke and re-elected bill clinton. or how about 2004, george w.
gulf. even their contract writing has allowed us to lose tens of billions of dollars of revenue and never get it back. today if you asked mms how much revenue they were supposed to get from a particular well, they couldn t tell you. they have to rely on the oil companies to tell them how much they re going to get. there s been a specific series of questions about the safety equipment required in the gulf of mexico when compared to the north sea. which has higher standards and different devices that are mandatory if you want to do deep-water drilling in the north sea and are not mandatory in the gulf coast. do you view the failure for mms to mandate that type of equipment as part of this culture of looking the other way? or weak enforcement? absolutely. first of all, the fact that they simply said you had to have two shutouts, in other words, redundant system, without specifying one. even after a 2003 report that called into question the so-called deadman switch,