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Hour. yesterday, we told you about that lifeguard that was fired after saving someone from drowning. we'll have a major development in that story to tell you about today. that's coming up. >> then did casey anthony's lawyer believe her story? listen to this. >> when she told me what happened because of the prior lies, i wasn't so quick to jump on board. >> but he did. we'll hear more from jose baez coming up. let's take a quick look at this morning's prices at the pump. national average stands the $3.35 a gallon. ps

Deal to take the company private. and am blend pharmaceutical rose after bristol myers agreed to buy it. dow won it's bid to acquire software maker quest. drug giant glaxosmithkline agreed to pay $3 billion the largest fine ever in a health care fraud case for years illegal practices including kickbacks, soft advertising and failure to warn of health risks. elsewhere microsoft admitted more than $6 billion it spent buying an ad company went to waste. >> barclay's chief resigned in the wake of an interest rigging case. a little good news if you're getting away by car for the fourth. gas pri...

>> they are taking increasingly larger amount. it's 3.35% of our g.d.p. i think we need to be aware. the economic effect of that inevitablely slows employment and causes diversion of resources that would be beneficial to economy. it's not clear that it actually makes america safer. >> john: ambassador bolton that is big question. how much safer does this make us? >> i think you have to look at the divergent threats the united states faces around the world, continuing threat of terrorism the real threat of the proliferation of weapons of mass destruction, nuclear chemical and biological. increa...

>> they are taking increasingly larger amount. it's 3.35% of our g.d.p. i think we need to be aware. the economic effect of that inevitablely slows employment and causes diversion of resources that would be beneficial to economy. it's not clear that it actually makes america safer. >> john: ambassador bolton that is big question. how much safer does this make us? >> i think you have to look at the divergent threats the united states faces around the world, continuing threat of terrorism the real threat of the proliferation of weapons of mass destruction, nuclear chemical and biological. increa...

Larger amount. it's 3.35% of our g.d.p. i think we need to be aware. the economic effect of that inevitablely slows employment and causes diversion of resources that would be beneficial to economy. it's not clear that it actually makes america safer. >> john: ambassador bolton that is big question. how much safer does this make us? >> i think you have to look at the divergent threats the united states faces around the world, continuing threat of terrorism the real threat of the proliferation of weapons of mass destruction, nuclear chemical and biological. increasingly assertiveness of china. >...