Transcripts For CNBC The News With Shepard Smith 20220811

An satis details of the plan to hire an satsassins to take out the fr trump adviser. Inside the price numbers whats down and whats up . Is inflation cooling new data on the Teacher Shortage in the american schools. Veterans and College Students lending help and why teachers say it is not enough we dont see this Getting Better miracle escape from a burning plane crash. New Health Care Benefits for warriors exposed to burn pits. And preparing for confrontation with russia and china in space live from cnbc, the facts, the truth, the news with shepard smith. Good evening the former president completing the fifth and stone sdlwalling h faces pressure mr. Trump pumps his fist in the air as he heads to the Attorney Generals Office the ag investigating if his company, the Trump Organization, manipulated the value of properties to dodge taxes and fraudulently obtained bank loans. He pleaded the fifth and refused to answer questions for six hours. In the past, mr. Trump has famously attacked people for taking the fifth and suggesting you are sgguilty. If you are innocent, why are you taking the fifth amendment horrible horrible former President Trump claims the fbi search of the home in florida on monday and the slew of investigations have changed his mind about taking the fifth. In a statement, mr. Trump writes, i asked why are you taking the fifth i know when your family and company and all of the people in your orbit are targets of unfounded, politically motivated witch hunt, you have no choice in the wake of the fbi search of maralago, many republicans have pounced the new york sometimes reports t was the National Security division that suggested the search warrant we dont know what the feds were looking. We know the swrearch warrant wa related to classified documents that the president kept and brought to maralago. The times reported that the records were sensitive they cannot be described in public. The Top Republican in the senate, Mitch Mcconnell is demanding more transparency on why the feds needed to search his home. We need more information on what is going on notably, former President Trump and his lawyers could release the swauearch warrant. They decline to do so. Some republicans had dinner at his golf club. They said the former president was fired up and energetic and made his decision on whether he will run again in 2024 the lawmakers did not reveal lets bring in al bberto gonzalz sir, thanks so much. Any reason why the former president would take the fifth in this new york case . There is very live ttle that former president does that surprises me he is within his constitutional right to do so this makes him look like a hypocrite based upon previous comments it is his right to do so on the fbi search of his home, should we read anything into the fact it was the National Security division that requested the warrant . No, listen, this was historic act by the fbi and department of justice. It will create a great deal of speculation why this was necessary at this particular time who knows . I think one persons guess is as good as the other. The National Security Division Gets involved in these kinds of investigations particularly when we are talking about classified information. It may relate to that. That is pure speculation on my part the Justice Department is under, as you know, to provide some explanation you served as attorney general is remaining silent on this particular one the right call . I think there is a long standing history and practice of the department to keep investigations and detailed investigations confidential. We do so to keep those from being totally innocent and we dont want to release information on the investigation. When you talk about the details of the investigation, you compromise the investigation you want to be careful about that this is an unprecedented case. You know, it could be possible, i suspect, Congress Wants more information and attorney general might go up to the hill and meet with congressional leaders in private conversations at least to make himself available. Kind of kiss the ring. Again, the attorney general has to be very careful and the information conveyed to the le leaders of congress. Sometimes we know those conversations become public. You dont want to compromise the investigation. That is the first priority, frankly. The attorney general has to navigate through this to ensure at the end of the day that the repreutation of the Department Remains in tact. Alberto gonzalez, thank you. 300,000 thats how much an iranian operative was ready to pay somebody to kill the former National Security adviser John Bolton John bolton, a longtime harsh critic of iran this man, hahram poursafi was the man to kill him. He is facing murder for hire charges. As of now, he is overseas and not in u. S. Custody with little chance he will be caught he an allegedly reached out to someone he met over social media. He asked that person to take photos of john bolton for a book he was writing that person put him in touch to take the photos that person turned out to be the informant. He offered the informant 300,000 to eliminate john bolton 50 k for the informant and 250 k for whom they hired. Poursafi said the money was for the next job he had lined up for him. Cnbc senior washington correspondent eamon javers we just heard from john bolton thats right. John bolton on cnn in the last hour he joked he is embarrassed how low the price was for his head he is concerned that the iranians are targeting additional u. S. Officials. I think there are substantial number of people who are vulnerable to these iranian efforts and unfortunately, we may learn more according to the affidavit, the iranians were willing to pay more money, 1 million, to kill another former trump official. The target former secretary of state mike pompeo the u. S. Government says this plot was revenge for the u. S. Air strike that targeted Iranian Military official solimani in 2020 the person they hired was an informant and it didnt have much chance of success and did not make the attempt less concerning the department of justice said the threat of the attack inside the United States is rising. We face a rising threat from authoritarian regimes to commit acts of aggression inside the United States. This is especially appalling exa example. Secret Service Agents have been in bethesda, maryland for months and on the scene there again today. According to the fbi affidavit, poursafi told the u. S. Source he did not care what method was used to kill bolton. In november, the source traveled to washington, d. C. And reported in to poursafi who was in tehran sharing photos of boltons office poursafi said the parking garage would be a good place to kill bolton the assassination never took police, shep eamon javers, thank you. Inflation is still very high for the first time in a long time, there may be reason for cautious optimism that things could be easing. Labor Department Reports today Consumer Prices jumped 8. 5 in july compared to a year ago. That is a hair lower than 9. 1 year over year reported in june. Lower energy costs helped drive the overall costing down the labor Department Reports that the price of gas and air fare down 8 from a month ago. Used cars down. 50 . Other necessityies on the rise. More for electricity and food and rent compared to a year ago. Still, it is a promising sign in the fight of inflation we are seeing a strong labor market where jobs are working and booming in america we are seeing signs that inflation may begin to moderate. The nation could face economic headwinds in the next few months citing the war in ukraine and shoutdowns in asia we have steve liesman. Steve, how do we see this . The headline and core energy numbers. Food and energy were better than pictured they heare still high with the headwinds and tailwinds. Gas prices are falling at the pump because oil and gas are down in kmcommodities. Thats easy. Some consumers have sticker shock with the air fare. Fallen for two straight months, but that is after being up 38 year over year some americans could be thinking twice about taking that trip because of the high fares. More sticker shock is affording essentials gas prices are down, but high. Medicare is inflating as well as medical care this will take some doing, shep, to get out of it the question remains if it ends up as recession or hard landing. Today is a little more hope we squeak out with a soft landing steve liesman, thanks f the crash that killed kobe bryant at the center of the lawsuit in los angeles not over what happened this is what l. A. County First Responders allegedly did after they arrived on scene. And uvalde, texas officials looking to go back to school what the governor is saying about the district. And the military drills ending in taiwan could todays comments from Speaker Pelosi change things do you have a Life Insurance policy you no longer need . Now you can sell your policy even a term policy for an immediate cash payment. We thought we had planned carefully for our retirement. But we quickly realized we needed a way to supplement our income. If you have 100,000 or more of Life Insurance, you may qualify to sell your policy. Dont cancel or let your policy lapse without finding out what its worth. Visit coventrydirect. Com to find out if your policy qualifies. Or call the number on your screen. Coventry direct, redefining insurance. Did First Responders did First Responders share gruesome photos of kobe bryant along with his daughter . That is the issue of the la lawsuit. His widow filing a lawsuit for negligence Vanessa Bryant said they never should have had the photos in the first place. She says they took them for personal use not the investigation. The laws team wrote, ms. Bryant feels ill at the thought that sheriffs deputies, firefighters and members of the public have gawked at gratuitous images of her deceased husband and child she lives in fear that she or her children will one day confront horrific images of their loved ones online. Several First Responders reportedly showed off photos of the carnage just days after the crash. According to a lawsuit a rookie sheriffs deputy flaunted it to people at a bar and firefighter showed it to coworkers at an awards ceremony. But attorneys for l. A. County say First Responders have deleted all those photos, and they insist none of them has ever been made public. Lets turn to David Henderson for legal analysis, former prosecutor, civil rights attorney, cnbc contributor david, Vanessa Bryant is seeking millions in compensation if these photos never actually made it to the media or online what chance does she have of winning this case . Shep, therein lies the difference between legal analysis im going to perform and what juries tend to think about. Juries probably arent going to split fine line distinctions over that issue. If they believe they have the evidence and one of the facts here also was evidence was destroyed, i think theyre going to focus more on the fact shes a grieving widow who lost both her husband and child in that crash. Vanessa bryant claims they took these photos for personal reasons because they knew who was involved here not because they were evidence how hard is that to prove . Shep, in this case i dont think its difficult to prove at all, and thats because csi exists for a reason. You have investigators who show up at these crime scenes, who take photos. Ive worked on cases where at this point, shep, ive probably seen tens of thousands of photos like these i can think of very few examples of one being taken by an officer let alone a first responder. Its normally a detective who might follow up with photos. First responders obviously have other more pressing things to focus on yeah, kobes a legend in los angeles. How challenging is it going to see a jury in this trial i think theyve already seen a jury, shep and the reason its going to be less challenging is because in federal court federal judges pick the juries and they dont mess around. They typically do it in a few hours as opposed to a few weeks in these high profile cases which is what were used to. Thanks so much. Appreciate your time tonight more than two dozen texas Public Safety officers set to be on School Campuses in uvalde this coming school year. The Texas Governor greg abbott announcing the request today he says itll help ensure parents and school staff feel safe after returning to school after the Robb Elementary School shooting it comes after a Heated City Council meeting there last night. Community members once again demanding accountability we want to see results. We want to see responsibility taken for the actions that happened on this day theres no more time to wait if any of these had fired, one officer, if one of them fired at all veen the mayor said they suspended one city officer but City Council Members told the outside community an investigation into what happened could take another 60 to 90 days to complete. President biden signing legislation to protect war veterans exposed to toxic burn pits we have many obligations but only one truly sacred obligation, to equip those we send into harms way and care for them and their families when they come home the obstacles from the legislation removed from people who need help the most this strategic positioning by a russian satellite that u. S. Well, most significant expansion of veterans Health Care Benefits in more than three decades. Thats how the white house describes the socalled pact act. President biden signed it into law today as weve reported the bipartisan bill expands benefits for millions of Service Members who were exposed to toxic burn pits in war zones. Open air burn pits like these were common at u. S. Military bases during the iraq and afghanistan wars, though illegal in the United States President Biden says hes traveled to iraq more than 20 times and that he saw smoke billowing from massive pits as troops burned tires, poisonous chemicals, and human waste we owe you. Youre the backbone. Youre the very fiber that makes this country what it is. This law is long overdo, but we finally got it done together the issue is personal for the president. His sewn beau died of brain cancer years after serving in iraq the president has said he believes that that disease was linked to exposure from burn pits cnbcstia shomari stone talkedo some of the vets who will benefit from this new law. Reporter tom porter is the executive Vice President of the iraq and afghanistan veterans of america, one of many groups that push to expand the Health Care Benefits for Service Members exposed to toxic burn pits a little mad it took so long, but overwhelmingly positive feeling that we actually got this done. Its been years in the making. Reporter when porter returned home from fighting in afghanistan in 2011 he says he was having difficulty breathing from toxic smoke my lungs started having these reactions where id had healthy lungs before so i was diagnosed at that time with as mu reporter he chose a private doctor over a va hospital. He said many claims related to burn pit exposure are denied at the va due to lack of evidence i heard they were turning people down who apply for these things reporter the bill increases access to medical care and veterans dont have to prove they got sick because of the burn pits in order to receive compensation for their illnesses. Iraq war veteran Matthew Steiner is thankful so many people will finally get the help they need theres a lot of veterans out there my age or younger who are suffering from those conditions, ov overdue but really glad the president signed it today. It helps 3. 5 million Service Members and veterans shomari stone live in washington homes, towns and cars under water. The historic flooding that some people had no chance to escape in south korea as russia ramps up the attacks on ukraine, the kremlin forced to walk back some of its claims and veterans and College Students getting a new job title, teacher the measures some states are taking to fill hundreds of thousands of open positions before kids head back to the classroom. The details when we hit the bottom of the hour and the top of the news on cnbc. Some of the heaviest rain in decades triggering deadly flash flooding and land slides this is the damage seen in seoul, south korea many buildings, roadways and subway stations under water. South korean Officials Say at least ten people have died that includes a family of three who got trapped in their partially underground home crews say theyve rescued more than 140 people as of late today. But local Officials Say at least seven others are still missing the powerful storm lashed seoul. Meteorologists say the deluge dropped nearly 20 inches of rain in some parts of the city over two days at one point seoul recorded more than 5 inches of rain per hour thats reportedly the highest hourly rate in 80 years. And the forecast, more heavy rain up to a foot more through tomorrow in some regions china announcing its massive military drills surrounding taiwan are now over and completed. But beijing is vowing to continue what it calls regular combat readiness patrols near the island in the wake of the House Speaker Nancy Pelosis visit. Taiwans Defense Ministry reports 36 chinese war planes and ten ships were still operating near the island today. This afternoon Speaker Pelosi defended her trip to taiwan in spite of fears that it would inflame tensions we will not allow china to isolate taiwan they have kept taiwan from participating in the world health organization, other things where taiwan can make a very valued contribution but theyre not keeping us from going to taiwan. That was our purpose to salute this thriving democracy. Taiwans military has been holding its own military drills in response to chinas war games. The taiwanese foreign minister says china used Speaker Pelosis trip as an excuse to hold military exercises and prepare for any invasion. The white house is mighty today, and thats whats topping cnbc news. On the money, disney reported blow out Quarterly Earnings after the bell today revenue dropped 26 driving the surge. A streaming growth a problem for others but for disney not so much disney plus gained hoar than 14 million new subscribers. The Company Stock up more than 6 in after year hours trade in. United airlines betting big on flying taxis. The carrier put down a deposit for 100 electric flying taxis from Archer Aviation its a four passenger auto air hybrid that works like a helicopter theyre expected to fly about 3,000 feet, shuttling passengers above congestion to and from the airport. Faa certification for some could come as early as 2024. And when does 23 equal 5 million . When its on the back of a jersey that the basketball legend Michael Jordan wore mjs number 23 jersey up for auction next month its the one he wore during the game one of the 1998 nba finals. It was the last dance from chicago. Estimating this jersey could fetch as much as 5 million. That could be by far the most for any piece of nba memorabilia. A gallon of gas 4. 01. 1 cheaper than its alltime high still a gallon cost 83 cents more than it did this time last year on wall street stocks soar on the Inflation Report and how that could affect fed rate decisions. The dow up 535 s p up 88. The nasdaq up 361, nearly 3 im shepherd smith on cnbc its the bottom of the hour. Time for the top of the news texas and new york at odds over migrants the buses being sent to the big apple and how the citys mayor is responding. Miracle on the freeway my biggest fear was, of course, hitting other cars the pilot during the crash landing and how he pulled it off without anyone getting hurt. But first School Districts across the country facing a crisis, a dramatic shortage of teachers with the new school year weeks away many states are s scrambling to fill positions kansas short about 1,400 staff statewide. And in Florida School officials warn theyre in crisis mode. Roughly 9,000 jobs there still open Teachers Unions blame several factors including low pay and burnout. But schools are going to Great Lengths to make sure that as students return to classrooms this fall somebody will be there to teach them. Districts in texas, for example, switching to fourday school weeks. Arizona allowing College Students to instruct kids. And cnbcs perry russom reports florida is calling on veterans with no teaching experience at all to step in for another round of duty. This time in the classroom here in miamidade we have probably almost 300 vacancies. Reporter with a week to go until classes start in miami they need teachers is the talent pool there to fill the vacancies . I dont think so. Reporter the president of the united teachers of dade, one of it largest Teachers Unions in the region she says low wages, the rise in School Shootings and the politicizing of the classroom is driving teachers away in the state. Newly published data from the National Education Association Shows teachers in florida make on average 51,000 a year, fourth lowest in the country, and 14,000 below the national average. Teachers dont get into this profession to live in the penthouse, but we also didnt get into this profession to live in the poorhouse reporter across the country School Districts are recruiting to fill the nationwide shortage. We just dont see this Getting Better reporter in alabama the state is lowering the requirements to get a teaching certificate. We want to get highly qualified teachers in every School Reporter one School District in louisiana is offering a hiring bonus of 7,500 we want to be very competitive so a teacher chooses us reporter North Carolina is considering fixing its shortage by basic teachers pay on how students perform, not their years of classroom experience. It sends the message that we as educators are not doing enough reporter florida now turning to military veterans to lead classrooms its a nice day reporter the Program Gives a fiveyear teaching to veterans who have not yet earned a bachelors degree they have to pass a test and are assigned a teaching mentor you had the head of the Teachers Union in sarasota criticize it saying, well, you just cant throw any warm body in the classroom ill tell you something people that have served our country are not just some warm body. Hernandez calls the plan disrespectful. I have a brother thats a marine or was a marine and i know hes not ready to step into my shoes to be a teacher just like im not ready to step into his shoes and be on the front line reporter here in Miamidade County hernandez says somebody will be in the casroom with these students one idea theyre looking at is having School Administrators acas teachers. These schools also have different teachers for student and writing. New right now the wall street journal is out with new details and new reporting regarding the search warrant that was executed at Donald Trumps palm beach, florida, home just yesterday. Heres what were learning from the journals reporting. We all knew of the 15 boxes of information that the former president allegedly took with him from the white house to maralago after he left office. The question is for what exactly were the authorities searching when they spent a reported six hours or so inside the mansion yesterday morning and into the afternoon . Thats the matter on which the journal is focusing on a story that dropped just a short time ago. Sady german is here. She covers the Justice Department for the journal and is one of the reporters who broke the story late this afternoon. Sady, its my understanding that after the news of the 15 poxes w was relayed somebody else has information from inside that mansion. What assuncacan you report we still have a lot of questions from june and august what we learned today is some person familiar with these documents told investigators at some point during this time period that there were still there may be several classified documents at maralago. And, you know, the Just Department who had been negotiating with trump over the return of these boxes, you know, basically is sort of started to doubt that the trump team was being totally truthful about the whereabouts of some of the material and its your reporting that the Justice Department got specific information about where to look . Our reporting doesnt go that far, but we do know the Justice Department, the fbi agents returned to the private club on monday searched three rooms including a bedroom and an office and previously in meeting with trump attorneys Justice Department officials had requested to search a basement storage area, and they even went so far as to request in subsequent days that the trump team put a stronger lock on the door and preserve all of the material that was in that room further youve reported that the Justice Department or these investigators were able to convince a federal magistrate that inside the trump home was evidence of a crime. Thats right. I mean thats the standard predicate that the fbi always needs in order to get a search warrant to search any house that doesnt necessarily mean theyre planning to file criminal charges and does not necessarily mean the investigation is wrapping up, but it does mean there was enough there that if they were able to persuade a federal judge to signoff and approve this search. And you also report that they didnt take whatever they took out of there, they didnt bring it away in fbi vehicles or anything like that but you had a specific thats right. Agents came there. They were under they were under instructions to, you know, try to be as lowkey as possible by wearing plain clothes and not taking their weapons and they arrived in a rider truck. Thats where they loaded up some ten or maybe a dozen boxes they put them in this rider truck. So they were trying to be lowkey. I dont think that really worked well, it worked very lowkey until the former president himself issued the statement there had been one tweet at about 6 45 last night from a reporter for florida poll who had gotten a tip but the details of it came from the former president katy, theres still no indication i should say sady, theres no indication yet of exact lewhat this relates to whether its something about january 6th, about something specifically to documents unrelated to january 6th those matters are for later reporting. What do do know at this point this search appears to be related to the Justice Departments months long investigation into the handling of classified material at maralago he had taken some documents to this florida resort from the white house when he left office that he is required by law to turn over to the archives. We know that is what the search is in conjunction with this is an escalation of one of several inquiries by the Justice Department into trumps conduct including in connection with the january 6th attack so, you know, this is just sort of an Interesting Development amid many in recent weeks. Yeah, very Interesting Development. The reporter for the wall street journal whose story dropped just a short time ago you can read it now at wsj. Com or tomorrow morning in the print edition of the paper sady, thanks so much more buses of migrants from texas arrive in new york city. This time officials were ready, but mayor adams says hes not having it. The accusations directed at Texas Governor abbott that he was quick to fire back on. Most Companies Offer some sort of job perks these days, but one company in california is going above and beyond in a very personal pedo you have a Life Insurance policy you no longer need . Now you can sell your policy even a term policy for an immediate cash payment. Call Coventry Direct to learn more. We thought we had planned carefully for our retirement. But we quickly realized we needed a way to supplement our income. Our friend sold their policy to help pay their medical bills, and that got me thinking. Maybe selling our policy could help with our retirement. Im skeptical, so i did some research and called Coventry Direct. They explained Life Insurance is a valuable asset that can be sold. We learned we could sell all of our policy, or keep part of it with no future payments. Who knew . We sold our policy. Now we can relax and enjoy our retirement as we had planned. If you have 100,000 or more of Life Insurance, you may qualify to sell your policy. Dont cancel or let your policy lapse without finding out what its worth. Visit coventrydirect. Com to find out if your policy qualifies. Or call the number on your screen. Coventry direct, redefining insurance. Look at this watch now a house, and there it is, exploded today in southwest indiana. Authorities say it killed three people and they say there could be even more victims happened this afternoon in evansville, about two hours west of louisville. At least 39 homes reported damaged. No word yet on what caused the explosion, but heres a look at the aftermath. The local Electric Company reports it did not detect any gas in that area the Texas Governor greg abbott sending more buses full of migrants from the border to new york city. Volunteers and aide workers welcoming at least two buses just this morning. Cheers in new york city as Governor Abbott has been busing migrants to see called sanctuary cities since april the first one to new york arrived friday with dozens of people onboard the new york city mayor eric ads said the Texas Governors office didnt coordinate with the city at all he says because of that local officials werent prepared for the influx of migrants Governor Adams slammed abbott today. Hes a global embarrassment because this is not what we do as americans all of us im sure if he goes into his lineage he came from somewhere. And if his ancestors is treating the way hes treating these Asylum Seekers and migrants then he would not be where he is right now. This Time Community organizations were in place ready to help the people arriving to get services they need cnbcs Valerie Castro on todays arrival. Reporter new york citys bus terminal bustling with media and support groups there to receive migrants from texas. We also have the Street Health outreach and wellness units that are Port Authority during the day that will be available for arrivals in the future reporter new york city mayor eric adams critical of Texas Governor greg abbott i think hes irresponsible. I dont think hes accomplishing anything more than exposing the type of individual that he is. So theres nothing successful about treating people with this lack of dignity. Reporter abbott firing back on fox news in response to claims that hes using migrants as political pawns new york is a sanctuary city. Mayor adams said they welcome in illegal immigrants, and now once they have to deal with the reality of it theyre suddenly flummoxed and they cannot handle it they are now getting a taste of what were having to deal with reporter in new york the citys commissioner on immigrant affairs was there to receive the dozens of people despite what he says is Little Information from texas. The bus company that is chartered by the state of texas is not communicating with new york city, so its hard to know the time of arrival. Reporter washington, d. C. Has received its own buses from texas and arizona over the last several months aide groups there say theyre now running out of resources in a week we can see anywhere from a hundred to 600 migrants it just really depends reporter in some cases families have been seen sleeping on the streets, unable to find a safe place to stay while homeless shelters reach capacity here in new york city the department of Homeless Services says about 4,000 Asylum Seekers have entered the shelter system since late may and account for most of the 10 increase in the department census. Shep Valerie Castro live in new york chipotle agreeing to a 20 million settlement with new york city it comes after officials filed a lost claiming the restaurant violated thousands of Worker Rights they say the restaurant broke scheduling and sick leave laws in some cases they say employees failed to provide schedules to workers two weeks in advance as required and didnt let employees use their accrued sick leave. The settlements cover a period from november 2017 to late april of this year and chipotle hourly employees in new york city will get 50 for each week that they worked over those many years t thichipotles chief restaurant manager said the company is pleased to have managed the issue. The Mayors Office reports this settlement is the largest of its kind in new york city history. The job market is booming, and with so many options available experts say job seekers have a huge advantage. So employers are doing whatever they can to keep the workers they have, not just pizza parties or casual fridays. One company in california is offering a perk that left a few employees pleasantly surprised heres nbcs jake ward reporter as he settled into a new job matt kelly and his wife were struggling to have a second child my wife and i our challenges were never specifically having her getting pregnant, it was with keeping the baby through the pregnancy. My wife and i endured through several miscarriages reporter but the employer offers Fertility Benefits that reimburse employees have the cost of adoption, ivf and other procedures i think about somebody in a sales position in 1950s would keep this entirely private suffering from miscarriage and miscarriage of their partner when you think about people in your role 50 years ago what a difference that must have been its true its one of those things i think in general companies are becoming more empathetic to their employees. Reporter in a way they have to be. Analysts predict that 20 more americans will quit their jobs this year, and tech workers are famously difficult to keep around its very often a criticism of companies for just treating diversity and inclusion as a numbers game and trying to get people through the door. So i think this is a good example of companies and hr departments trying to think beyond that. I had jumped to a couple companies more than i had liked in the last year, year and a half reporter for Haley Johnson the Fertility Benefits offered her and her wife a reason to stay its been a nobrainer that i want to be here as long as i can and grow with the company. Reporter its a pretty cutting edge idea, a company paying for its employees efforts to have kids is there anybody youve explained this to been like what, they do what, they pay for that yeah, my parents i think they had that sense of relief just like i did when i told they were like just in a bit of a shock i didnt know this was a thing that could be a benefit the women i speak to that are taking advantage of this, i think it makes them feel valued, it makes them feel their employer is committed to them over the longterm reporter why do you think its worth it to a company like this to pay for this sort of benefit . It isnt focused on churning and burning me reporter which is a common thing in silicon valley. It absolutely is. Reporter now kellys benefit seems to have done its job my wife currently were pregnant with twins. Reporter it used to be on top of big salaries dorm room entertainment, free snacks, some beer was enough to draw a person into a company i love the fact in our industry were able to play pingpong, right, but by all means this is something that impacts a persons life for generations to come. Reporter futility benefits may be a sign that the industry and its work force are growing up for the news, im jake ward. A plane watch here crash landing right in the middle of a california freeway next, the moment the pilot knew he had no choice but to try and put it down. As the metaverse continues to grow in size and for some people popularity, millions of kids are making their way there. Tonight heres that plane now crash landing on a california freeway before bursting into flames. You can see it descend between the moving traffic, and right there skids to the side and catches fire according to the california Highway Patrol the two people onboard walked away unharmed the pilots name, andrew chou, he told our local station, nbc 4 los angeles, he and a friend took off for a short trip around lunchtime, said the plane started having engine trouble and thats when cho said they realized they wouldnt be able to make it back to the airport really goes back to basic training i think all pilots agree when comes to being a pilot you never stop flying a plane. Just because you lose your engine your plane doesnt drop out of the sky and you fly it all the way to the ground. Mighty chill. The plane did clip the back of a pickup truck according to authorities nobody in truck got hurt. Cho said he had to kick out the door to escape the plane after the ordeal he said there isnt a scratch on his passenger or him snapchat is introducing a new safety feature its called Parent Center and lets them see who their kids are talking to and report accounts to snap chat but they wont be able to see what content theyre child is sending or receiving the Company Reports its rolling out more safety features in the coming months including one to let parents know when theyve reported a content inside the metaverse with some of its youngest users in a world that experts say is largely unregulated. Whos looking out for the kids heres nbcs Senior National correspondent kate snow. Reporter this is 12yearold jaden immersed in the metaverse. Right now hes playing gorilla tag, a game he downloaded onto his quest headset made by meta there are three kids after me now. Reporter as we watched him playing we heard very young voices jadens mom, adriana, doesnt let him use his microphone to talk to other players, but jaden hears a lot of offensive, sexually explicit even racist language youve heard the n word . Mmhmm inasmuch. Like one time or lots of times . All the time. Reporter we heard it in a game called gun raiders not created by meta but available in the quest headset. Its the content but also the impact from immersion that has child advocates concerned. The metaverse is the new wild wild west for kids millions of kids across the country and around the world are using these head sets. They could be exposed to all sorts of hateful content, violent content, sexual content. And you just see them with their little glasses on and you have have no idea what theyre doing. Reporter the Company Behind gun raiders told us while not a typical Player Experience in gun raiders we are aware that issues like this do happen in our game today. We are continually deploying new moderation features. The makers of gorilla tag did not respond to our request for comment. Does it concern you what hes hearing . In the beginning it did, but i know i cant necessarily limit or eliminate him from playing these games. So id rather approach this issue through communication. Reporter meta told us in a statement quest devices are not intended for children under the age of 13 and our terms make this clear in the setup process. We also have Parental Controls for adults supervising teens over 13. Im here to talk to you about what the metaverse is. Reporter researcher Nina Jane Patel studies the metaverse and has concerns last year she put on a headset and entered metas horizon venues, a virtual space for events she says once in the lobby immediately i had three to four male avatars with male voices come very close to me and then very quickly proceeding to touch my avatar. That could only be described as a Sexual Assault in the metaverse. Reporter how upsetting was all of this . I fizz logically just froze. Reporter meta implemented a personal boundary blacking an avatar from coming within 4 feet without permission users can report Malicious Behavior and push a button to exit any scenario. But patel says the approach has been business first, safety second are you concerned its so real that it can be dangerous yes if we underestimate what it means to be fully immersed, fully present and fully embodied in virtual environments, then we really are, you know, moving towards a path of destruction. Reporter jaden has a support system for when Virtual Reality is just too much and while he has a lot of other interests, too, this Virtual World is now a very real part of his childhood. For the news im kate snow 65 seconds left and on a race to the finish, former President Trump pleading the fifth and refusing to answer questions during his deposition with the new york Attorney Generals Office the a. G. Investigating whether the Trump Organization manipulated the values of its properties to dodge taxes and get bank loans federal investigators say an iranian operative plotted to assassinate the former National Security advisor john bolton the Justice Department has charged the suspect, but hes on the loose. Its believed he might be in iran and inflation is still red hot, but there are new signs that it might be slowing the labor Department Reports Consumer Prices jumped 8. 5 in july from a year ago, but thats a bit lower than the 9. 1 year over year reported in june now you know the news of this wednesday, august 10, 2022 im shepherd smith follow us on the gram and th its 5 00 a. M. At cnbc here is the five 5. Stocks off the best day since midjuly as the dow issues a technical correction. This coming on the back of the slightly softer than expected and still red hot inflation number and a big, another big inflation number coming up in a couple hours. Disney is doing something that customers may not like, but investors do plus, the average price for a gallon of regular gas does something for the first time