an update on one of the biggest names in college basketball after a run-in with the law. and later, mixed messages on the state of the u.s. economy. empty malls but americans still spending. inflation high, but dropping with less credit available. cost of living has really increased a lot, so it s getting a little harder to do things that, you know, i would typically do. announcer: this is the cbs weekend news from new york with jericka duncan. good evening and thanks for joining us on this father s day. tonight we begin with a new diplomatic push aimed at cooling tensions with china. secretary of state antony blinken arrived in beijing sunday for two days of high-stakes talks. it s the first u.s. diplomatic mission there in five years. cbs s margaret brennan is traveling with the secretary in beijing and leads us off tonight. reporter: jericka, after more than 5 1/2 hours of intense and very direct talks between secretary blinken and his chinese counterpart, ther
we re a worker co-op, which means all the members and owners of the business work in the business. reporter: kirk vartan started the business, and six years he turned it into a co-open by selling the business to his staff as a leveraged buyout. the employee/owners are now paying back the business loan with the profits of the company and they all run the shop as a board of directors. we created our first pto policy. we created a 401(k) plan for our team. we have a family leave plan. it s not just it s our baby. reporter: this was collin webster s first job when he turned 18 ten years ago. he now chairs the board. there s a stigma against people that work in the service industry. i tell people, no, i own a business and i make money while some of my friends went to college. reporter: it s not a new business model, but it is getting a lot more attention after the pandemic wiped out many small businesses. the bill to start a co-op passed unanimously and became law in californi
camp saying on sunday he is not going to vote on this bill. not one of the people jumping up and down saying this is over. i don t think it is. come back after christmas, try to figure out what manchin can vote for. there is reports out tonight that said he can vote for universal pre-k. he thinks he might be able to vote for expanded obamacare and maybe he can vote for hundreds of billions of dollars for this climate deal. so to celebrate now, let s celebrate because it s christmas so there is no build back better. i think after the first of the year we have to be very much aware that democrats are going to stick with this i think until they pass something because it s what they do. brian: in a way. i know this. for some reason they didn t come together when he said i will not fund the child tax credit. the family leave plan and the child care. and he said i m not going to do it because you are not telling the truth. you are making believe this end of the year instead of projecting i
republicans. or a paid family leave plan despite the fact that the u.s. is one of only seven, count them seven, when she s in that big world of ours that does not at least offer paid leave to the mothers who just had babies. so manchin and sinema, have although apparently the vulnerable house democrats worried, president biden s approval rating has taken a dive during these ugly public negotiations. you probably know that. but it does also remind you that before january 6th donald trump lowest approval reading was not before his impeachment rating, it was in december 2017. what was going on then? republicans were negotiating their wildly unpopular tax cuts, because nobody likes watching the sausage get made. listen, i think it s fair to say any of the compromise along the way only serves to make the
madingly fashion chipping away demanding their party do increasingly less and less for no discernible reason other than an ideological version to spending money to make material conditions better for people and/or perhaps a desire to please their corporate donors who don t like some of this stuff. that brings us to our current moment. democrats have unveiled their newcomb pro mice bill thanks to manchin and sinema it doesn t contain some of the most broadly popular proposals democrats have floated, for instance, letting medicare negotiate drug prices. it estimates it would save less money for the government, fiscally responsible, save $450 billion over ten years and, i don t know, is it popular? favored by 83% of americans, 95% of democrats, 82% of independents or a paid family