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Transcripts For CNNW CNN Newsroom 20120804



rob, help me out here. what s going on? they re filing out, don. they ve just suspended festivities at lollapalooza because of the line of storms that s moving in the last couple years we ve had a rash of accidents and unfortunate events with concerts and outdoor venues during summer time severe weather events like we re having right now. that s what s happening out at lollapalooza. we have another tower cam showing michigan avenue outside of our cnn bureau there in chicago. traffic at a standstill there as skies are darkening and things are getting a little more ominous. let s show you the radar and show you this nasty line of storms which has been producing damaging winds from davenport, iowa and east into northern illinois. it s about to slam into chicago. already some of the western suburbs reporting 60 and 70-mile-per-hour winds. that yellow box you see there is a severe thunderstorm watch box. it s been posted. that s in effect for the next couple hours and will ....

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Transcripts For CNNW CNN Newsroom 20120803



sure the american workers of today and tomorrow have the skills to succeed in america. that means better schools, better job training programs, but we cannot continue to allow hur schools to perform at the bottom of the world. with to have bring our schools to be the best in the world. i did it. we can do it in my state. we can give our kids the competitive future they need with great schools. [ applause ] number three, we have got to have trade that works for america that means that people cheat like china has cheated we don t let them keep doing that and we also open up new markets to sell our products to new places listening to mitt romney in las vegas talking about how he would be a better steward in dealing with the economy. want to listen in to president obama now speaking at the same time from the white house. thank you so much. thank you. everybody please have a seat. have a seat. well, it is great to see all of you. and i hope you guys are having a wonder ....

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Transcripts For CNNW The Situation Room 20120803



you re in the situation room. it s part economics snapshot, part political football and there s only three more jobs reports coming out before the november election. the latest one released today has something for everybody. the labor didn t reports better than job gains in july. the unemployment rate still picked up a notch. dan, how does all this play out on the campaign trail? reporter: for mitt romney it allows him to say see, i told you so. unemployment still going up. it s still above 8%. what the president is doing is not working. the president was putting the spotlight on what he says is working even though he admitted there s still a lot of pain. thank you everybody. reporter: surrounded by a group of hand picked middle class and workers, president obama defended his policies and emphasized gained in a struggling economy. 163,000 jobs created in july. 1.1 million so far this year. 4.5 million over the last 29 months. those are our neighbors and family ....

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Transcripts For CNNW CNN Newsroom 20120803



breaking down the july jobs report this hour. i want to get to t employers added 163,000 jobs in july, much better than the 95,000 that economist also predicted. the unemployment rate rose to 8.3%. the latest political spin as president clinton and mitt romney weigh in on this report. go beyond the numbers to find out what the report says about the state of our economy. we are also going to see how wall street is reacting. president obama and mitt romney did not waste any time giving their take on the jobs report. romney is on the campaign trail r he is in vegas. president obama had a meeting with middle class families at the white house. romney points to the 42 moments with unemployment above 8%. he said the jobs report is more proof that the president s policies are failed. well, we continue to have 23 million americans out of work or have stopped working for look or underemployed and see job numbers bounce around month to month to month butno question that we now h ....

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Transcripts For CNNW CNN Newsroom 20120802



breaking class ceilings at work. for now, i ll just say the key is the boss wife. we begin with the government trying to figure out why three planes at washington s reagan airport came close to crashing right into each other in mid-air. the incident occurred tuesday when air traffic controllers were making adjustments for landinand departing aircraft because of bad weather. athena jones at reagan national for us. so, how close of a call was this? good morning, kyra. it was a pretty close call. we re talking about seconds here. one of the airplane as was about half as far away as it should have been, the other one was a little bit further from that third plane. this all happened on otuesday afternoon after about 2:00 p.m. there was a heavy rain storm and air traffic controllers decided to change the direction of the planes were taking off and landing. they were taking off and landing on runway one and going from south to north and decide to take off and land on runw ....

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