resolved. we have been on this problem now going on 25 days. there are many different fronts on this battle. we re fighting them on all fronts and we are resolute in our effort to do everything we can to bring this problem under control. reporter: in another development today, the secretary for homeland security, janet napolitano, said that she wants assurances from bp that they are going to spend beyond the $75 million federal cap on what they might otherwise have as a ceiling on what s happening in the gulf. the company says it will pay all legitimate claims. the secretary of homeland security is looking for future clarification, exactly how big a check bp here is going to be willing to write. juliette. also what their definition of legitimate might be. thank you very much. appreciate it. financial news now, if you re in the market for a new home, it may be time to start looking.
tell us what s inside cargo containers. what i ve done here is developed a way for the united states department of homeland security to verify the contents of cargo containers and depending on the contents of that cargo container, it would emit a specific radiation signature. reporter: all of this by intel, whose ceo tells us that his company is investing $100 million per year on education. we ve trained 7 million teachers around the world. that was the start of our program. it was the idea about how do you integrate computer technology internet into the classrooms? how do you get a better quality of math and science education? how do you use modern technology to help the teaching process? reporter: these types of investments are paying off. over 40% of the students here are americans. but there is no denying this is a multi cultural event. 59 different countries represented here. more than 1600 kids competing for $4 billion in prize money. the top winner leaves san jose
homeowners defaulted again after nine months. it s understandable in this economy, could that lead to another housing crisis? laura ingle is live. it doesn t seem like it seems like it s a no brainer. the economy is still rough. they still want make the lower payments. it is so tough for so many people. experts say that any drop in foreclosures is positive, but that the recent dip should not be seen as a trend. these new figures we re talking about come from realty track, which is a company that collects foreclosure data nationwide. reps say this one month figure really doesn t speak to the rough days expected to come. and remember, in april foreclosures were down 9%. many desperate homeowners are struggling to hold on to their properties through these loan modifications, which experts say adds up to a short-term solution for a problem that s overreaching. what a loan modification is doing, when somebody can t keep up with it, is prolonging the
civic life. you can watch the interview tomorrow, check your local listings. new reports of a criminal probe launched in connection to last month s deadly mine blast in west virginia. the justice department apparently trying to figure out if there was, quote, willful criminal activity by the company that operates the mines. that company is performance coal, subsidiary of massey energy company, which owns the mine. last month f.b.i. agents interviewed nearly two dozen current and former massey employees. 29 workers died in the explosion. here is a story that everybody i talk to wants to talk about. this is the young dutch boy who was the only survivor of the libyan plane crash this past week. he is now back in his home country the netherlands. the nine-year-old, accompanied by his aunt and uncle issue was transported by med vac after being treated by doctors in libya for severe leg fractures. he s reportedly been told that his parents and his brother died in that crash. the plane
now. a powerful earthquake has just struck. the united states geological survey reports that it has detected a 6.7 magnitude quake in the north pacific. specifically the sea 900 miles west of anchorage, alaska. several hundred miles from any large land areas. so far we have not heard of any reports of damage. the pacific tsunami warning center has not issued tsunami watch or warning. we will keep you posted as new information comes. in this earthquake has just struck. the fbi deepening its investigation of the coal mine explosion that killed 29 people in west virginia earlier this month. the mine s owner massey energy company faces questions about repeated safety violations. law enforcement officials say the feds have interviewed nearly two dozen current and former massey employees, just in recent days. we re told investigators are looking for evidence that the company engaged in criminal negligence. a spokesman for massey says the company is cooperating and that