Transcripts For KPIX CBS This Morning 20180207 : vimarsana.c

KPIX CBS This Morning February 7, 2018

Off the coast of taiwan. Rescue crews are searching the rubble for missing people. All that. Theres your highlight. And all that matters. Three, two, one. Spacex made history with the first test flight of the worlds most powerful rocket. Whoo go baby go on cbs this morning. Theres no crew on board. Only one special payload. A tesla roadster which elon musk says will go deep into space. We think its a dummy sitting in the drivers seat, either that or a very underpaid intern. D this mornings eye opener is presented by toyota. Lets go places. Welcome to cbs this morning. Gayle likes the intern car. Weve all been interns. That. Ill do that. Does somebody have a claim check . The u. S. Says it will unveil its toughest and most aggressive sanctions ever against north korea. The could dampen hopes the two sides could meet at the Winter Olympics. Vice president mike pence discussed the sanctions this sayi morning without saying what they. Ill be. He spoke in tokyo after mee to japanss prime minister. Im this morning kim jong uns sister, also a key adviser, was whos added to north koreas official olympic delegation that will go willuth korea. Ben tracy is at the Winter Olympics site in pyeongchang. Ben, good morning. Reporter good morning. Vice president pence arrives here on friday for the Opening Ceremony of the winter games. And just two days ago he said a meeting with north korean officials here might be possible. That seems less likely now after is tough talk in tokyo. Illwe will not allow north korean propaganda to hijack the message and imagery of the olympic games. Reporter while announcing a new round of sanctions, vice olympi president pence did not leave roomroom for olympic diplomacy with north korea. North korea is the most tyrannical and oppressive regime on the planet. Reporter just before pence spoke, north korea announced it was sending kim jong uns younger city, kim yojong, do the games in south korea. The first person from the ruling family to cross the border. S es believed to be trusted by si her brother and occupies a high ranking role in the regimes propaganda department. Ki tions. Ld be a sign about kim eceivens seriousness about improving relations. Greeted ay not receive a warm welcome. On tuesday, protesters greeted a arrived 140 north korean korea. Mers when they arrived in iguth korea. Face is very dangerous reporter their signs showing reducossedout face of kim jong un. South korea has tried to reduce tensions ahead of the olympics, getting the u. S. To delay their t militaritary exercises, and allowing north koreas flag to al fly at olympic venues. But the insults are also flying lying, with north korean state media calling President Trump a lunatic and warning that america warningote, go to hell if it attacks north korea. John de laurie is an expert on north korean relations. The key is you have to get theynited states in the room with north korea so that they can figure out what are some ositive stops that can be n. Ken. In the absence of that, the olympics ends and were back to fire and fury. Reporter north korea is planning to stage a military parade in its capital tomorrow. But u. S. Officials say there are indications that theyre not going to parade their missiles. And that might be a small gesture to south korea on the eve of these winter games. Gayle . All right, ben tracy reporting from south korea, thank you. Spacex is celebrating its historic launch of the worlds most powerful rocket. Did you see this . The falcon heavy blasted off yesterday on its first attempt, carrying a cherry red tesla convertible into orbit. Two of its boosters landed back down on earth. Spacexs ceo, elon musk, that was his personal car, said he was proud and in disbelief after the successful launch. Manuel guyingis in florida this morning. Reporter an exciting day for thousands of spectators here that clearly competed all expectations including those of face exs ceo elon musk. The Falcon Heavys 27 engines launch lifted the rocket off the same launch pad used by apollo 11. The successful launch of the orlds most powerful rocket was received with jubilation by spacexs employees. Ion onusk had a different adaction. I had this image of a giant explosion on the pad with a tire bouncing down the road and the tesla logo collapsing. Reporter just eight minutes after launch, two of the rockets boosters landed safely back on earth, side by side. Muff finally, musks very own tesla roadster, against the aweinspiring backdrop of planet iring. He music of david bowies life on mars playing on a loop. T was thats probably the most exciting thing ive ever seen. Reporter musk says the next stop for star man and his roadster is a trip through the ext roid belt. In case they should stumble upon anyone, musk printed a message on earthrs Circuit Board that fuads, made on earth by humans. Be outs silly and fun, fun deegs are important. Its going to be out in deep space for maybe billions of years, maybe discovered by some future alien race, thinking what the heck were these guys doing, did they worship this car . Reporter the only mishap yesterday was the Rockets Center booster, crashing into the atlantic instead of landing on a barge. The falcon heavy cost half a billion dollars to develop, but at 90 billion per flight, musk says its cheaper than the competition, but he must still prove it is reliable. Thank you, manuel. Casino mogul steve wynn resigned last night as ceo of has resorts amid accusations of exual misconduct. Focus of an of an avalanche of negative publici publicity. The wall street journal vlad ion rted the allegations last snnth. Ood morning. Good morning. One day after that wall street one day out, wyn came out, wynn announced he was stepping down as the rnc finance chair. The report detailed wynns alleged decadeslong pattern of Sexual Misconduct as the head of the casino empire he built. Onduct. Is encore. Haseporter for decades steve he lasas been a titan on the Las Vegas Strip. Stand up, steve. Steve. Up. Reporter but after the 2016 president ial campaign, he also et his sights on washington. On. Teve is always calling, hes always got advice, right, steve . Reporter the long time business rival and friend of donald trump served as the ofublican National Committee finance chair until his resignation last month. After the wall street journal re published accusations that wynn pressured employees to perform sex acts and in one case, forced a manicurist to have sex with s m. He allegedly settled with her for 7. 5 million. W you visit wynn las vegas, you on from ws a thing. Reporter his resignation drom wynn resorts came a day after the las vegas journal wrote a story alleging wynn ienceured a hotel server into sex. Wynn said it was because he oneed to experience sex with a grandmother. The paper is owned by one of wynns rivals, sheldon adelson. E of year wynn spoke to cbs this morning about his rnc role and his company. I would like to be known as the guy who can design a building and as close to his employees. The editor of the las vegas journal and an adelson spokesperson publicly said adelson did not have advance warning of the allegations. Matt maddox, current president of wynn resorts, will take over as ceo. It is quite a shift, given hes considered the founder of modern las vegas. He took a very small casino, the golden nugget, and turned it into a behemoth. Im still processing that line, wanting to experience sex with a grandmother. Hat thateven know what that means. Me near the. All right, thank you. President trump says hes ready for another government ready shutdown tomorrow. If he doesnt get the immigration reforms he wants. The president said, quote, i would love to see a shutdown. Op spoke while Top Republicans and democrats on capitol hill praised the recent progress they m made in their budget negotiations. Held a president held a discussion of Gang Violence yesterday at the white house. He wants congress to approve 25 billion for a wall along the border with mexico. Plus new limits on legal immigration. Congressional leaders want to settle the budget issue before they get to immigration and Border Security. Morgan brennan is at the white house with the story. Good morning. Reporter good morning. Congressional negotiators appear to be closing in on a funding deal. If this agreement falls through, its not clear whether theres any plan on how to keep the overnment open past midnight tomorrow. I would love to see a shutdown. Reporter President Trump threatened another Government Shutdown if his Border Security border sre not met. Not f we dont change it, lets wve a shutdown. Well do a shutdown. Wellts worth it for our country. Reporter but even fellow epubliicans at the table oppose a shutdown. Virginia congresswoman barbara comstock. Iniae dont need a Government Shutdown on this. I think both sides have learned that a Government Shutdown was nmss. You can say what you want, ngre not getting support from the democrats on this legislation. Reporter the president s shutdown threat came as both parties on capitol hill were actually close to a deal to avert one. I think were on the way to weing an agreement. Reporter but the proposed gett twoyear spending bill would not itlude any immigration changes. What do we want . Reporter last months immi shutdown ended after democrats were promised a vote by republicans on protections for dreamers. The undocumented immigrants who came to the u. S. As children. The current protection expires t trump 5th. Ut President Trump has offered a potential pathway to citizenship for 1. 8 million billion in change for 25 boarder in Border Security. White house chief of staff john kelly questioned why only 690,000 had previously signed up for protection. Fo d some would say were too tooid to sign up. Others would say were too lazy to get off their asses but they didnt sign up. Reporter later on kelly was sked to explain the remark. Latere of them should have dotten off the couch and signed up. It doesnt really matter now, because President Trump has given them the status. Reporter now, if the president really was adamant, he could veto that plan that both sides are working on if it doesnt include the border wall funding that he wants. But yesterday, White House Press secretary Sarah Sanders said despite the president s ocatings, the white house is not down. Ating for a Government Shutdown. Ght. Ll right. Margaret, thank you. The pentagon is working on a entagonilitary parade in washington requested by the president. The pentagon spokesman tells cbs news the plans are in the early early for an event in november. Event inld coincide with the 100th anniversary of the end of world war i. 10 President Trump brought up the idea last july after watching france bastille Day Celebration u paris. He told reporters the parade was ver of the greatest he had seen. He last military parade in washington was nearly 27 years ago when troops marched through the capital to celebrate the u. S. Victory in the 1991 gulf war. The Dow Jones Industrial average has been up and down this morning after an initial 127point plunge at the opening bell. Yesterday, you may recall, the index slumped more than 500 points at the start of trading but it backups bounced back wit 500point gain by close. Getnews financial contributor theody hobson is here. This is what im hearing. On monday, the machines were trading. G. E algorithms stepped in. And as the market was going down, the selling was exacerbated. Yesterday, the institutional nvestors stepped in and they ere buying on the dip, and thats what pushed the market up. Hingo volatility is something we eciallo get used to . Especially since weve had y dsually low volatility. It actually doesnt make sense how low its been. Not year we did not have one day, not one, where the market hat jusdown 2 or more, not one ay. En. T doesnt happen. If you look at the years before that, five times it happened, four times, 21 times in 2011. So weve had this unusually low unusually leriod. Pes lulled us into thinking ulledits gone away. Now were probably going to see ure volatility. Yes,es, get used to it. He and give us a framework for understanding that future eolatility. Is it because the economy is becausell and people are worried about Interest Rates . And how should people think reat that future volatility . The reason they should think maut it is the natural course of the market. So up and down days are normal. We went through this period marke literally every day the market was up. As that famous saying goes, trees do not grow to the sky. It doesnt work like that. The market gives, the market ov takes away. Aer the long term we generally h aren upward march for the market. How much has politics think . Ed the market . Haveny havent. Thats whats been so bizarre, i have to say. We market has just walked off washingtonction in washington. Fts walked off some of the dysfunction around the world. Boroug clear talks, brexit, looming Government Shutdown, nothing. And so that has actually been also unusual. And one would have expected some more volatility from just even olatilityhe politics and the thetoric. Thanks, mellody. I thin i think well be talking to you again, there will be more volatility coming. Roblempowerful winter storm is of peop travel problems for millions of people this morning, stretching across 1,800 miles, isected to drop snow and rain n thetwo dozen states. A significant amount of ice is he expected in the south and midwest. This is snow falling in youngstown, ohio, four to eight ecteds expected there, forcing the cancellation of hundreds of ofights. Amtrak faces a new federal investigation this morning after another train incident. Two passenger cars separated at high speed. The acela train left washington for boston at 5 00 a. M. While traveling through maryland, the second and third cars split apart in an area where passengers can move between cars. The acela was going more than 124 miles an hour at the time. None of the more than 50 people on board was hurt when the cars came apart. Amtrak is investigating the cause and inspecting other trains. A 911 tape shows that Ron Gronkowski was very calm when he reported that his house had been robbed. The new England Patriots tight end called police in foxborough, massachusetts less than 24 hours after his team lost at philadelphia in super bowl lii in minneapolis. What is your emergency . This is not an emergency. This is Ron Gronkowski calling. While i was gone, my whole house got robbed while i was on the super bowl trip. I just got back. Our boston station wbz confirms three guns were taken in the burglary. Gronkowski and his two roommates all reported stolen items. It was interesting that he was very calm, when he said his whole house, i had pictures of the couch, chairs, tvs all gone. But it seems it was very specific. Makes you think somebody knew those guns were there, certainly knew Ron Gronkowski wasnt there. Surprising he doesnt have an alarm. Or maybe it wasnt set. More to come on that story, maybe. Millions of families face higher tax bills after the new tax overhaul. Announcer this National Weather report sponsored by toyota. Proud partner of team usa. 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