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Before being downgraded and it spawned several twisters near brownsville, texas. no major injuries to report. also it may be several more days before the gulf oil clean-up effort kicks back up into full gear. that's because alex stirred up heavy seas across the gulf, forcing hundreds of oil-skimming ships to return to shore. what's described as the largest of those ships arrived in the gulf yesterday. the taiwanese company that owns it still needs the green light to start work. and a jump in americans joining the unemployment line. the weekly jobless claim rose 472,000 last week as 13,000 mo...

On day 73 of the gulf oil disaster a new skimmer ship has arrived. awaiting approval to join the clean-up. right now most skimming boats are in port because of tropical storm alex. jobless numbers across america up again. new claims for benefits jumped by 13,000 last week to 472,000, higher than expected. supermodel naomi campbell will be ordered to testify at a war crimes trial against former liberian president, charles taylor. prosecutors say campbell received a so-called blood diamond from taylor. taylor is accused of fueling a civil war in sierra leone, diamonds helped fuel the war. hi...

The "a-whale" arrived in the gulf yesterday. it's billed as the world's largest oil skimmer out of washington. the u.s. department of labor releases its latest report on unemployment. and 472,000 americans applied for unemployment insurance for the first time last week. that's up 13,000 from the previous week. the numbers could reflect census jobs that have ended and those out of work due to the bp oil leak in the gulf. the nba has its free agency negotiating period. which actually got started at 12:01 this morning. lebron james, why am i holding this? i'm not -- lebron james is a wanted man...

A new month and newquarter. what a rough quarter it was. the dow, nasdaq, and s&p 500 all plunged by 10% or more. alison kosik at the new york stock exchange. >> investors are really glad to have the volatile second quarter in the rear view mirror. unfortunately, the third quarter which begins today, is typically the worst one. one analyst tells us the problem is that investors are waiting to get some reassuring news about the economy but that may not happen any time soon. today we got a report showing new jobless claims increased by 13,000 last week. hitting 472,000. it shows companies are st...

Of the other costume. she apparently gets to keep her star headband and golden lasso. i don't know, i like the old version, what do you think stu. >> reporter: absolutely i'm with you, megyn. megyn: discouraging new job numbers. [laughter] had to make a little transition there. >> reporter: how do you go from there to here. megyn: stu varney is here to talk about this. the labor department reporting that unemployment claims jumped by 13,000 last week going in the wrong direction. that brings it up to 472,000 americans. anal listing -- analysts had been expecting it would drop. the dow is down ...