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tv   The News With Shepard Smith  CNBC  January 29, 2021 7:00pm-8:00pm EST

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it was fidelity. you name it, they were at th top of the app store that's how you know this has broken out of the dark corners of the internet and into the real world >> thank you, steve, hugh, kate. appreciate it. good insight we'll see you next week. "the news with shepard smith" begins right now more doses per vial. the late-breaking push to get shots in more arms and an important new warning from dr. fauci. i'm shepard smith. this is "the news" on cnbc >> it's completely preventing the things that are most scary. >> johnson & johnson's one-shot vaccine promising results, efficacy, storage, and how it could change the landscape for mass inoculation as the threat evolves. >> the virus will continue to mutate and will mutate for its own selective advantage.
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>> the cdc keeping ahead of the new variants before the mutant strains overwhelm the vaccines gamestop as the reddit rebellion digs in, robinhood continues to throttle investor access. can this battle be sustained and new video. this is who the fbi says planted pipe bombs the night before the insurrection tonight the background and motivation of extremist groups >> announcer: live from cnbc, the facts, the truth the news with shepard smith. good evening new and serious concerns about dangerous covid strains that dr. fauci says should be a wake-up call for america at a white house covid briefing today, he warned that variants will have what he calls clinical consequences and said they must be addressed >> we'll have to be nimble to be
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able to just adjust readily to make versions of the vaccine that actually are specifically directed towards whatever mutation it actually prevalent at any given time. >> more infection variants have been turning up all across the country. that's why the cdc director says every case should now be treated as a new strain. >> by the time someone has symptoms, gets a test, has a positive result, and we get the sequence, our opportunity for doing real case control and contact tracing is largely gone. and so i think and i believe that we should be treating every case as if it's a variant during this pandemic right now. >> dr. fauci says the goal remains the same vaccinate as many people as possible as quickly as they can. the u.s. could soon get some help on that front because today johnson & johnson released data
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from its long-awaited single-dose vaccine trial, and here's the headline. nobody who got the j&j vaccine in that trial went to the hospital or died not one patient. as for effectiveness, well, not quite what the others managed. here are the numbers in the united states, the single shot is 72% effective at preventing moderate and severe disease. the company reports it plans to apply for emergency use authorization as early as next week if the fda greenlights the shot, it would be the third approved vaccine in america here's where we stand on supply and distribution right now the u.s. is expects to have 200 million shots by the end of march. so far, states have received more than 49 million doses, but only about half those have actually ended up in arms. right now the cdc reports the u.s. is administering a little more than a million shots every day. in a moment, i'll speak to a former fda commissioner.
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first to cnbc's meg tirrell on the johnson & johnson news. >> the big differentiator is it's just one shot and you're done but can you get the same level of protection with just one dose well, the numbers for the j&j vaccine were lower overall than for pfizer and moderna's vaccines 66% efficacy in preventing moderate to severe covid-19 globally but a big reason for that is that j&j ran this trial across three continents, including in south africa, where the troublesome b 151 strain of the virus caused a surge in cases. efficacy there was 57% but against severe disease, which puts people in the hospital with covid, the vaccine protected with 85% efficacy across all regions now, j and j's receive scientific officer notes the previous trials were run months ago under much different circumstances. >> we are in a totally different time at the moment with variants and the huge transmission.
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and the real-world evidence we have generated in the world with the data i just talked to you about with the high protection is very significant for public health. >> now, in addition to being just one shot, the j&j vaccine can be stored for at least thee months in the fridge, which makes it simpler to distribute than the two-dose moderna and pfizer vaccines, which of course have to be kept frozen now, the united states has ordered 100 million doses from j&j, which the company plans to deliver by june, shep. >> meg, you've been reporting on a push by moderna to get more vaccine out, and i understand there's a little breaking news here >> that's right. tonight i've learned that moderna has asked the fda to allow it to put more vaccine in each of its vials, 15 doses instead of 10, in order to alleviate a bottleneck in the manufacturing process. now, it's not that the vials themselves that are in short supply it's the so-called fill finish manufacturing capacity this is according to a person familiar with the plans.
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and, shep, we're already seeing companies partnering to do this work swiss drug giant novartis today agreed to fill vials for biontech, who is pfizer's partner. so anything getting done to speed up supply. >> meg, thanks so much dr. mark mcclellan, former fda commissioner as you just heard, moderna is trying to get the fda to allow it to put more of the vaccine in each vial. thoughts on that >> shepard, that's an indication that we need to not only think about the production of the vaccines to get as many people vaccinated as quickly as possible, but all the supplies that go along with it. and as meg described, this fill and finish capacity, as it's called, is an area that can be a bottleneck and that's one where the new administration and governments elsewhere in the world can potentially take further steps to help along the partnerships that you're seeing form. many other manufacturers that
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aren't making the vaccines could potentially help, and the faster we can explore that capacity, the better >> dr. mcclellan, what are you going to say to this i don't want jonhnson & johnson. i want moderna or pfizer because they were better in the trials why am i wrong >> well, you did hear from meg that the -- and from dr. stofls that the j&j vaccine was tested. we're fighting a different virus today than we were three months ago when previous trials were done shepard, unfortunately we're probably going to be fighting a different virus three months from now so most important in winning this battle is getting as many people vaccinated as possible. now, over the next few weeks, there will be a lot more information coming out about the j&j vaccine as the fda reviews its emergency use authorization application, as a lot of independent experts take a very close look at the data that's going to help people make an informed choice but most important right now, we need to get people vaccinated.
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we need to prevent those hospitalizations and deaths, and the j&j vaccine looks very effective in doing that. then we need to be vigilant because the virus is going to keep mutating. the faster we get shots in arms, the more people we get vaccinated in this country and around the world, the better we're going to do in containing that further spread and the further damage from covid. >> unless there's misunderstanding, the moment i'm qualified, i'll take any shot you'll give me and one thing on this j skpt j shot, it's a lot more user friendly you don't need the freezers. will there be more distribution sites as a result? could this be a bit of a breakthrough if it happens >> i hope so it potentially makes it easier to get to more rural areas it helps reach populations that may be hard to track over time because it is just one dose, as you said but, shepard, this is the next challenge. assuming all of the close review of the j&j data all pans out,
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we're going to have the capacity between moderna, pfizer, j&j, to have enough vaccines available by june for the entire u.s. adult population but in order to make that happen, people need to be informed about their vaccine options, and like you said, these are all three very good options, and people can look more closely but we also have to get our capacity for doing vaccinations up closer to 3 million doses per day perhaps. >> let's hope so dr. mek cclel apd, thank you for your time. gamestop now again today, shares through the roof the stock closing at $325, up 68% on the session it caps a wild five days for a stock once worth just a few dollars. up nearly 400% just this week. and that trading app, robinhood, is now allowing limited trading, did so today after blocking purchases yesterday.
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but users could only by five shares at a time this morning. then by the afternoon, robinhood clamped down even more, limiting buys to just one share robinhood's restrictions expanding now to more than a dozen other stocks the company had to raise $1 billion and tap a credit line to make sure it had enough money just to keep the trading going the nation's top financial regulator elevating the situation today, valuating it, saying in a statement that the sec reported it will work to protect investors by review the market's volatility. the wall street bets subreddit shows no signing of backing down at all in fact, the opposite. it's on an epic tear in a crazy tug-of-war when that stock price goes up, the little guy stands to make millions the hedge funds, on the other hand, have already lost billions and could lose more. >> you now run a new risk that these effective social media vigilantes are going to come after you and squeeze you as a short. that's going to make a lot of hedge funds think a second time before they try and go short
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stocks, which i think is great. >> mr. wonderful ought to know but are hedge funds really going to change their tactics? seriously? cnbc's leslie picker on that side of the story tonight. leslie >> hey, shep it's a great question. the so-called reddit rebellion is putting hedge funds in a position they don't often find themselves in, playing defense every day this week i hear about several more funds that are suffering significant losses as a result of volatility and names like gamestop and amc. in some cases, it's changing the way hedge funds do business. short seller andrew left has made a lot of money by betting against companies and publishing research to make a case for other investors to follow along. after being squeezed in gamestop, his firm known as citron is switching gears. >> as of today, citron research will no longer be publishing what can be considered a short selling reports. the citron narrative is going to change and have a pivot.
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>> left said the firm will now focus on long opportunities or bets that the stock will go up even as hedge funds took a hit worth $20 billion shorting gamestop just this month, many are sticking with the trade. the amount of short selling in the name has barely budged this week despite the sharp move higher in the stock. shep >> leslie, on the issue of regulation, what might the sec be looking at here >> so regulation actually remains a really big question mark here. the sec did warn that, quote, extreme price volatility has the potential to expose investors to rapid and severe losses, but so far it hasn't stepped in, at least not in a way that's been made public. some experts say that the regulator should have been more forceful in halting trading in certain stocks >> my view with respect to the sec is what it should have done several days ago is use its
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trading suspension authority i think the sec had an ability and has an ability to create a more powerful pause as these companies blow through the circuit breakers >> but timing is everything, of course, and the sec is currently operating without an official chair. president biden has nominated gary gensler to run the agency, but his confirmation remains in limbo, shep. >> leslie picker tonight on gamestop and the reddit rebellion, which is taking up a lot of oxygen in washington too. but the white house, the white house is not going there >> in the wake of the gamestop trading incident, is there a public role the white house can play in educating people about the dangers of this type of trading? >> i know the sec issued a new statement. >> do you anticipate president biden to address the gamestop controversy when he meets with his economic teama little bit later this morning >> no. >> one more on gamestop not to
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belabor the point. >> i love the effort you guys are trying to hard on this >> can you discuss gamestop? >> thank you >> that's what you call message discipline, and they have it, at least for now. the biden team instead saying that they remain focused on the pandemic and passing coronavirus relief but congress, different story. champing at the bit to try to talk about what's happening with gamestop and reddit and the market in general. lawmakers from both parties vowing to hold hearings. what are you hearing from lawmakers? >> shep, there's common ground in the idea that what's happened this week reveals fundamental flaws in the market to keep the little guy shut out of the big bets and the big money >> i think it will get larger than just this one gamestop situation with robinhood, and i think we have to look not just at how the markets affect the participants but how they affect
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the entire economy >> conservative senator josh hawley is also claiming that these traders on reddit are getting more scrutiny than the big banks and financial institutions that crashed the market in 2008 and that rhetoric echos the sentiment from progressives who see a throughline in the break down of our trust in these big institutions and what's happening now. >> it felt like almost the first time that anybody was holding these folks who gamed the system accountable. >> but the bipartisanship ends there. democrats are using this moment to push for new taxes on the wealthy and financial transactions, non-starters for republicans. instead gop lawmakers say they want to update the rules to give more people access to sophisticated trading tools. >> average everyday investors are cut off from the access that insiders like c suite, members of companies, and hedge funds and private equity naturally get, and that a credit investor
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standard has bifurcated our market. >> so, shep, this is typical washington everybody agrees on the problem, but nobody agrees on the solution >> ylan mui, thanks so much. weather alert. a winter storm system causing a nationwide chain reaction. >> that storm system out west going to be causing cross-country problems. >> heavy rainfall in california. historic snowfall in the east. al roker live tonight with the track and the timeline the people's house visible scars left behind by the insurrection now the move to permanently fence off the capitol. a covid baby boom bust birth rates are down by the hundreds of thousands. why many of those giving birth are returning to old ways. >> announcer: the facts, the truth. "the news with shepard smith" back in 60 seconds
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it's either testing an array of advanced safety systems. or it isn't. it's either the peace of mind of a standard unlimited mileage warranty. or it isn't. for those who never settle, it's either mercedes-benz certified pre-owned. or it isn't. the mercedes-benz certified pre-owned sales event. now through march 1st. shop online or drop by your local dealer today. sfx: [sounds of everyday life events, seen and heard in reverse] ♪♪ ♪♪ ♪♪ ♪♪ sfx: [sounds of fedex planes and vehicles engines] ♪♪ sfx: [sounds of children laughing and running, life moving forward]
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almost february, so it's freezing cold, and the weather is sweeping across the northeast. in some areas, the windchill could make it feel like -- get this -- minus 25 so cold in new york city this morning that the national weather service warned that with the high winds, people could get frostbite if they don't bundle up before going out. plus the winter storm that pounded california this week now moving east and quickly. it's threatening to dump more snow from chicago to washington. al roker with us tonight al, what are you tracking? >> well, so, shep, as you mentioned, the cold air is in place right now. so a lot of times we get these systems come in, and we don't have the cold air. well, this time we do. it's not going really anywhere tomorrow morning it's going to feel like 22 below in seer anak lake 11 in detroit, 14 in baltimore, 1 in new york city plus we've got that western storm that we've been talking about. the rain is ending in
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california, but the energy from this system is going to transfer into the plains. heavy snow tomorrow develops for the midwest. then sunday it continues to move to the east. that snow will spread into the mid-atlantic showers and storms will be to the southeast. monday this system develops along the eastern seaboard, and that track of that low will determine where these heavy snow amounts will be. and then it continues tuesday, groundhog's day. don't drive angry. heavy snow and wind for new england, significant travel delays possible. here's what we know. we've got 52 million people under winter weather advisories, winter storm watches, and winter storm warnings we are expecting anywhere from one to three inches in minneapolis, upwards of almost a foot in chicago, two to four in detroit, one to three in cincinnati now, as this moves to the east, we're not sure we don't know the track of this storm so ar. the european model brings heavy
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snow to the shenandoah valley, to washington, d.c., and for the northeast, the heaviest snow from philadelphia, new york, boston, up to bangor but the american model you can see brings the storm track closer to the coast. that makes for some mixing we're going to continue to track this, shep, but again it's all going to depend on that important track. right now the european model gives us more snow the american model a little less we're hoping by the time we get into saturday or sunday, we'll start to see some agreement and some convergence so we can give folks a better idea. shep >> hopefully cleaned up by the time we see you monday morning on "today. al roker, thanks so much. a state lawmaker in arizona is pushing to be able to overturn future presidential elections. her name is shawna bow lick. she's a republican who represents the phoenix area and tried to block electors from casting their votes for joe biden. this week she introduced a bill that would allow the legislature to override the secretary of state's certification of its electoral votes. no response yet from arizona's
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secretary of state the legislature in arizona is controlled by republicans, but frankly it's unclear how much traction this measure will get the democratic congressman, ruben gallego, says if this bill does pass, he'll try to defeat it by public referendum. >> there's no hiding the civil war inside the republican party these days it's in your face now. the republican congressman matt gaetz of florida flew to wyoming yesterday to rally against the house republican chair liz cheney he criticized her for voting to impeach the former president. >> you can help me break a corrupt system you can send a representative who actually represents you, and you can send liz cheney home >> congressman gaetz, one of the gop members trying to push cheney out of office and out of her role as the number three republican in all of the house of representatives the house minority leader kevin mccarthy has previously said he supports liz cheney.
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but just yesterday mccarthy met with the former president, who has called for the party to, as he put it, get rid of her. house gop members expected to decide next week whether to keep congresswoman chaeney as the house gop chair. eli stokols jioins us now. this vote could give us an idea of whether we'll have a traditional conservative republican party or continue as the party of trump. >> that's right, and this is a party that is clearly divided. it's not clear exactly how that vote will go next week, but it will -- whatever happens in the end -- show the fissures in this party and the difference between somebody like kevin mccarthy and the lawmakers who care about winning back a majority and who know that for all the enthusiasm that is generated by trump and matt gaetz with the party's base, that they need to not alienate swing voters in swing districts if they want to win that gavel back in 2022. and the margin, the democratic
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margin that gives them control of the chamber is so small at this point that that is within reach for house republicans. the senate is a 50-50 ball game as well. and yet for a lot of these individual lawmakers who are less concerned with majorities and more eager to make themselves known commodities, to get on fox news every night, to beat that drum of trumpism, to generate new followers on twitter, to raise money online, the easy way to do that is to just do what matt gaetz is doing and to not worry about winning a majority, but to pick these intraparty fights and to weed out the people who are less loyal to former president trump. it's really remarkable but given the incentive structure for politicians, for individual politicians in washington and inside the republican party in terms of the politics incentive and the media insen ince incentive, it seems to favor
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what matt gaetz is doing we saw rob portman, the moderate senator from ohio, announced he's not running for another term that to a lot of people in town was just more evidence of the fact that the people who are here to govern, to reach across the aisle and to, you know, make legislation, they're not getting a lot of that done, and they're not having much fun in this current republican party >> you know, but mccarthy, if you're the minority leader, you need -- you need unity you want a coalition to come together this bunch is not even making a play like it's for the people. this is a power play there's no mistaking that. >> well, and there's no mistaking the fact that rather than unity -- i mean they are actually out there actively trying to drive a wedge inside the party itself i mean that's -- i mean the split screen of mccarthy going down there and trying to get, you know, former president trump to, you know, appear to say, hey, we're all one big republican party, to tamp down some of these fights, these
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squabbles, to have that happening at the same time that you have matt gaetz out there in wyoming taking aim at the number three republican in the house, calling donald trump jr. on his cell phone and letting the crowd listen to him on speaker phone at that rally just tells you, you know, how mixed up this coalition is and, you know, minority leader mccarthy, his actions since january 6th have also kind of been scattered and back and forth. he has criticized the president, and then he has voted to overturn the election results. there's a back-and-forth of trying to appease both sides, the hard core trumpists and to still have some credibility with swing voters, and it's pretty difficult to do. >> yeah, both wails only works if only one side can hear its side, and that's not how life is anymore. eli stokols from the l.a. "times," thank you the gamestop war, what do you think? is this kind of one of those things, a sort of moment in time, or could this be a movement that will change the
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market as we know it and calling in the pros. when his town's vaccine drive-through line started backing up, one mayor found expert help at chick-fil-a
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scientists say they might have found the largest animal that ever walked this earth. and heartbreak for the family of the murdered journalist daniel pearl as we go
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around the world in 80 seconds pakistan the man originally convicted of beheading the american journalist daniel pearl ordered set free by the country's supreme court. pearl was investigating islamist militants in karachi after the attacks of 9/11 when at least four men kidnapped him a video of his beheading emerged weeks later. the accused killer's conviction overturned last year the pearl family slamming the decision as a travesty of justice, and secretary of state tony blinken calling the decision an affront to terrorism victims everywhere, including pakistan poland protesters in warsaw lighting flares and demonstrating against the announcement of a near total abortion ban right now abortions are allowed only if the woman's health is threatened or the pregnancy is the result of a criminal act
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argentina. paleontologists discover what they think is one of the largest dinosaurs ever found they estimate it was about 130 feet from head to tail, a little less than half a football field. a scientist on the discovery team says the dinosaur's remains appear largely intact, and now they're part of our trip around the world in 80 seconds. i'm shepard smith on cnbc. it's the bottom of the hour. time for the top of the news the movement by the reddit crowd to stick it to the hedge funds showing no signs of slowing. gamestop, the stock at the center of this wall street tug-of-war, soared again today, closing a wild week up 400%. cnbc's jim cramer telling investors who sparked the massive run-up from his hospital bed, you've won. game over. he also described the saga as a
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tragedy and said it shows the system is broken for certain stocks >> i'm not saying reddit is good or bad i'm not saying the shorts are good or bad. i'm just saying the government has to step in and at least try to address the situation sotha the rest of the market isn't panicked by four stocks that are heavily shorted. >> kramer working from his hospital bed so how does all this play out? cnbc's bob pasani is here. nobody knows the mavths better than this guy. you've reported on the dot-com bubble what's next for hedge funds and the platforms that everybody's using to trade >> thanks for the kind thoughts, shep the hedge funds are going to survive, but the trading platforms and the retail trading is changing very fast. what we're seeing is this combination of zero commissions, the gamification of trading where betting on stocks and betting on sports events is practically the same thing to all these people combined with
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social media platforms like reddit and even tiktok that have become supercharged. so the old get rich quick idea, it's very much alive that's not gone away but there's a whole new technology wrapper that makes this very different than past manias shep >> hey, when this is all over, whenever that is, will this retail investor movement change the markets forever? lasting impact or flash in the pan? >> no, i think there's going to be some changes for sure so we're going to likely see heads of brokerage firms called in front of congress that should be interesting there's a specter of greater regulation here. and for the markets, i think there's going to be a few lasting changes. analysts say we have created a whole new class of investors, and the more investors for my part, the better i think this is a wonderful movement now, some of them may have to learn some very painful and expensivelessons along the way including perhaps with gamestop. there's hope, though, among the
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market watchers that they'll stick around and become long-term investors. let's hope so because they're enthusiastic, and we need them they're the future. >> no doubt. bob, turn around look at your monitor i think you need to push a button because something -- there's fireworks. can you turn around and look at that thing behind you, please? look at it. >> you know what it's very entertaining for us to have this done this is what happens when you get the whole electronic business goes out of hand on you. >> work from home in covid, my man. have a great weekend thank you. united's flight plan may include another round of job cuts, and that's what's topping cnbc's "on the money." the airline announced about 14,000 workers may lose their jobs on april 1st when federal aid runs out most of them were furloughed when the first round of aid expired back in the fall united brought them all back when the second round kicked in. american airlines is trying to shore up cash by authorizing the sale of another billion
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dollars of its stock this comes on the heels of a sharp rally earlier this week that happened because american got a mention in the wall street bets reddit for rum. and pending home sales end slightly down in 2020. that's according to numbers out today from the national association of realtors. buyers are facing record-high prices and low supply. compared to 2019, pending sales were up more than 21%, and that's a sign of how strong this market is. and finally apple producing a tv series about wework's fall from fortune the office-sharing company cratered in 2019 after concerns over the company's finances. the show is called "we crashed." it will star the oscar winners anne hathaway and jared leto as the startup's famous co-founders, adam and rebecca newman no release date just yet on wall street, the worst
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week since october for the major indices. the dow down 621 s&p down 73. nasdaq down 266. in south carolina, one vaccine drive-through got some help from a chick-fil-a manager. efficient and always friendly, you know there he is under the umbrella there. the video shows the manager directing cars and asking drivers if they have their paperwork ready. according to the town's mayor, more than 1,000 people got the shot and in a tweet, the mayor said, when you need help, call the pros and have the pros brigg bring nuggets. fortress america a proposal to permanently fence off the u.s. capitol meets the outrage of d.c. residents. they say americans should not be punished for a failed security response to a capitol insurrection and as a bitter winter settles in on new york city, gotham is announcing a limited return to indoor dining.
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but will this limited amount help the industry out of crisis? plus hospitals stretched to the limit by the pandemic, but some mothers-to-be are staying far, far away. jane wells with that story jane, those babies are coming at some point, right? what's the plan? >> reporter: they are, but few of them are coming in here in the e.r. room because people are thinking do i really want to have a baby in the hospital during covid so one busess inis benefiting, shep, as everything old is new again when we come back. how their world stopped and when they found a way to face it. for some, this is where their keytruda story begins. keytruda—a breakthrough immunotherapy that may treat certain cancers. one of those cancers is advanced nonsquamous, non-small cell lung cancer, where keytruda is approved to be used with certain chemotherapies as your first treatment, if you do not have an abnormal “egfr” or “alk” gene. keytruda helps your immune system fight cancer,
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but can also cause your immune system to attack healthy parts of your body. this can happen during or after treatment and may be severe and lead to death. see your doctor right away if you have new or worse cough, chest pain, shortness of breath, diarrhea, severe stomach pain or tenderness, nausea or vomiting, rapid heartbeat, increased hunger or thirst, constipation, dizziness or fainting, changes in urine or eyesight, muscle pain or weakness, joint pain, confusion or memory problems, fever, rash, itching, or flushing. these are not all the possible side effects. tell your doctor about all your medical conditions, including immune system problems or if you've had an organ transplant, had or plan to have a stem cell transplant or have lung, breathing, or liver problems. today keytruda is fda-approved to treat 16 types of advanced cancer. and is being studied in hundreds of clinical trials exploring ways to treat even more types of cancer. it's tru. keytruda from merck. see the different types of cancer keytruda is approved to treat at, and ask your doctor if keytruda can be part of your story.
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restaurants in new york city can reopen indoor dining next month. governor andrew cuomo announced the news today starting on valentine's day, he says restaurants will be allowed to seat people indoors but at only 25% capacity. it's a bit of a glimmer of hope for the city's restaurant industry that is literally crushed by this pandemic still some restaurant owners say this isn't going to cut it we can't make ends meet with such limited capacity. on the west coast, restaurants in l.a. county can now resume outdoor dining but there are still concerns about cases spiking again. in san francisco, here's cnbc's kate rogers. >> reporter: from the bay area to chicago and today in new york city, restaurant owners getting a lifeline as big cities and states loosen dining restrictions after weeks of mandated closures following the holiday covid surge.
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governor cuomo's announcement today allowing indoor dining in new york city even at 25% capacity will help phillipe recoup losses. >> we've been shuttered for almost two months now, and it's going to help us, you know, replenish the cash, help get our staff out of the streets and off of unemployment, and we're very grateful that this decision has been made. >> reporter: in california, the state lifting its stay-at-home mandate this week, allowing counties to set restrictions for diners most can now east outside. the state's restaurant association sued last year over restrictions on dining broadly, the industry has been decimated by the pandemic with 110,000 locations closed either temporarily or for good. many of those closing permanently were established restaurants in their communities according to the national restaurant association while massoud is breathing a sigh of relief, his reality is
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stark. sales are down 80% and could take years to bounce back. >> we were on the verge of dying, and now we can breathe. we have a pulse, and oxygen is flowing, but we're nowhere near where we need to be considering upstate new york is at 50% or if you look at states like miami and florida, they're living an alternate reality down here. >> reporter: while the industry suffered greatly in 2020, the national restaurant association is also hopeful that there will be pent-up demand this year as vaccines roll out. it also projects industry-wide sales will grow in 2021. that is a long way from pre-covid sales but a step in the right direction. shep. >> kate rogers, thank you. couples stuck at home. schedules wide open. so you'd think, well, you know, maybe some babies would be coming along turns out the boom was a bust instead.
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a brookings report now estimates 300,000 fewer births this year because of covid and its impact on the economy but one thing is on the rise -- at-home births midwives and due las tell us they're busier than ever as some women realize they might be giving birth during a pandemic and might not want to go to a hospital here's cnbc's jane wells. >> reporter: caitlyn and anthony santos are preparing for their first child. >> i'm excited and terrified equally. they match each other. >> reporter: was this a pandemic baby conceived because of the shutdown >> absolutely. >> reporter: they're planning to have the baby at home. this avoids catching covid at the hospital >> initially i wouldn't say it was the main factor, but as the pandemic progresses, it was definitely -- it's made me feel more comfortable wanting to do it at home. >> reporter: she's not alone midwives and dull las are in demand. >> our practice has grown 30%
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since the coronavirus pandemic. >> reporter: kiki jordan has been a midwife in oakland, california, for 15 years, and business is booming, especially among black women concerned about their higher mortality rates giving birth in hospitals. but covid has changed the entire pregnancy journey for new parents. it can be hard to see a doctor now in person, and dads have sometimes been barred from the delivery room. >> since covid, i've noticed first-time parents and their experiences in the hospitals it's very detached >> the amount of contact that they're having with their obstetric provider has shifted so drastically, and so they're looking for more personal connection. >> reporter: home births still only account for a small fraction of total births, and one reason is because parents are terrified something might go wrong. >> it's very rare that we have to call an ambulance i would say that that happens maybe 2% of the time in home birth practices throughout the nation. >> most women get transferred for other reasons, like exhaustion or dehydration. >> reporter: the cost of a home birth, at least in california,
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is around $6,000 and as the santoss prepare to welcome their first child in their own bed, kiki jordan hopes the spike in giving birth at home continues after covid >> i'm hoping people will just keep loving on each other and keep having babies >> reporter: kiki says there are times where you do need to go to the hospital you really need to consider if you have risk factors. but, shep, what's so amazing about the story is that their business is going up while as you say, the overall birth rate is going down. we haven't had this pandemic baby boom. in fact, reportedly even google searches for pregnancy are down. >> jane wells live in the rain in los angeles pipe bombs found near the capitol during the riot placed the night before that's new today from the fbi. and there's new video too. video of the suspect a reward offered and a push to permanently secure the area. plus a look inside the
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extremist groups that took part in the capitol insurrection. a reporter who has covered them for years on what we should all expect next. k at a record pace. we were the first to bring 5g nationwide. and now that sprint is a part of t-mobile we're turning up the speed. upgrading over a thousand towers a month with ultra capacity 5g. to bring speeds as fast as wifi to cities and towns across america. and we're adding more every week. coverage and speed. who says you can't have it all?
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new this hour, the officer killed during the capitol insurrection will lie in honor in the u.s. capitol rotunda. the house speaker nancy pelosi announcing it just moments ago brian sicknick was injured in the mob on january 6th, and he died a day later speaker pelosi says his actions were heroic. the ceremony for the late officer sicknick will take place this coming tuesday. the fbi is now offering a $100,000 for information on the man who placed pipe bombs at the rnc and dnc headquarters the bureau also released these new images of the person for whom they're looking authorities say they believe he planted the explosives the night before the domestic terrorist
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assault at the capitol that from "the washington post." they obtained this security footage. it's less than a minute long, shows a man carrying a backpack near the capitol just after 8:00 in the evening on january the 5th. meanwhile, the capitol police chief proposing to boost security, including permanent fencing around the capitol grounds. as you might imagine, not everybody's onboard. local coverage now from nbc 4 washington's shomari stone >> reporter: imagine permanent fencing around the u.s. capitol similar to what's behind me. just the thought upsets some people who live out here on capitol hill they do not want permanent fencing around what they describe as the people's house on a chilly night in our nation's capital, the seven-foot unscalable fence topped with barbed wire still surrounding the u.s. capitol grounds three weeks after pro-trump rioters stormed inside
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>> open that door! >> reporter: kathy flanagan and her daughter julia hope the fence isn't permanent. >> my friends and i have run down this route for 20 years every morning, 6:00, 6:30 in the morning. so we won't be able to do that anymore. i think it's awful. >> reporter: but the acting police chief is calling for the capitol to have permanent fencing and more security to prevent another riot she says in a statement, quote, in light of recent events, i can unequivocally say that the vast improvements to the physical security infrastructure must be made to include permanent fencing and the availability of ready backup forces in close proximity to the capitol. >> i don't think the fence either. >> reporter: julia has fond memories on the capitol grounds, especially when she thinks about this weekend's possible snowstorm. >> it's like i've gone sledding here when i was younger. >> reporter: d.c. council member charles allen opposes a permanent fence. >> it's just the wrong response
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to what the problem was. shomari, you were here on january 6th, and you saw the failures of what took place. the failures are inside. they're just using this as an excuse to grab more land, take away public access to the people's house. >> it's a great loss for the community. >> reporter: acting police chief pittman says she welcomes internal and external reviews of capitol security she plans to work with congress over the coming weeks and months on ways to improve security at the capitol. shep >> shomari, thank you. the extremist groups that took part in the insurrection did not appear out of nowhere, far from it. many of them have been growing in size and sophistication for years. mike giglio now. freelance reporter who has extensively covered militant groups in the united states. author of the book "shatter the nations: isis and the war for the caliphate. mike, thank you. you've written that many in these groups are former military and former law enforcement what attracts people with those
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backgrounds to these groups? >> you know, a lot of times people with that background are drawn by the idea that they can continue somehow serving their country or carrying out their oath, and the way that these groups bill themselves is this is a way for to you do that. of course with our world view of what the rules of u.s. society should be and our enforcement of what we think the political norms should be. and that's what's causing a lot of these guys to say, hey, we can follow the law that we're putting out there, and we have the experience to back it up >> mike, they don't label themselves as republicans. but during the capitol riots, they were influenced and encouraged by some republican lawmakers. where do they go from here now that the former president is gone >> so that's the important part, right? so if they are looking at themselves as an extension of law enforcement and they can look to republican politicians and leaders to reinforce their world view that the election was stolen, that there's some
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conspiracy against america that they need to defend against, i think it just means there's going to be further incitement so what i've been watching really is what does donald trump say and what do these republican politicians say and will they move to try and tell their supporters stand down, or will they continue with the kind of conspiracy theories that really activate them and make them feel like they need to act? >> we can see what's happening so far you've covered wars and civil wars all around the globe. does what's going on now in this country remind you of anything that you've witnessed abroad >> you know, i don't think we're on the verge of some sort of civil war like i covered in syria or ukraine, but i think there's too much in america that reminds me of those places i don't think we should be comfortable with any echos or any shades of countries that have fallen into that kind of violence so the things here that remind me of those places are just the division, the way each side thinks that the other is actually their enemy and wants their destruction. that's not just a political game it's an existential game
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the fact that both sides operate from their own sets of facts i've found in my time overseas that that can be really dangerous. >> yeah, your own set of facts is never going to work mike, thanks for your time appreciate it. president biden taking his first trip outside the white house today, meeting with wounded soldiers at walter reed. over the past nine days, the new president's been tackling his agenda, signing 25 executive orders the past four presidents combined in their first nine days, a combined 13 executive orders well, now the president is eyeing immigration and a push to put more money in americans' pockets. kayla tausche with that look ahead,ex nt. or it isn't. 's eithe of mind of a standard unlimited mileage warranty. or it isn't. for those who never settle, it's either mercedes-benz certified pre-owned.
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or it isn't. the mercedes-benz certified pre-owned sales event. now through march 1st. shop online or drop by your local dealer today. it's moving day. and while her friends are doing the heavy lifting, jess is busy moving her xfinity internet and tv services. it only takes about a minute. wait, a minute? but what have you been doing for the last two hours? delegating? oh, good one. move your xfinity services
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without breaking a sweat. now that's simple, easy, awesome. xfinity makes moving easy. go online to transfer your services in about a minute. get started today. residents in seattle got an unexpected message on social media last night come get a covid vaccine before it goes bad. hundreds rushed to the university of washington and swedish clinics to get the shot. some waited hours in their pjs
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and their bathrobes. the clinic's spokesperson says a freezer that was storing most of the doses broke down and that left more than 1,600 doses at risk after the messages went out, appointments were filled in less than an hour, and the clinic reports not a single dose went to waste president biden today meeting with the treasury secretary janet yellen for his first formal economic briefing afterwards he called on congress to pass his coronavirus relief package with or without bipartisan support. >> i support passing covid relief with support from republicans if we can get it but the covid relief has to pass there's no ifs, ands, or buts. >> nbc reporting the president has quietly been reaching out to republicans for their help and that he may start bringing them in for meetings at the white house very soon. cnbc's kayla tausche now kayla, what's the state of play right now on the coronavirus relief >> reporter: shep, the administration says it wants a
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bipartisan effort, but it's keeping its options open next week congress will move to unlock a budget tool that would allow it to green-light the package with no republicans onboard. top biden aides maintain the $1.9 trillion package as is, is not dead on arrival, but so far conversations on capitol hill have been kept under wraps but that will change next week when that outreach spills into public view. the president is expected to deliver a speech on the economy friday after the first jobs report of his term, and press secretary jen psaki says they're looking for creative ways for mr. biden to sell the package directly to the american people. the white house is outlining a busy week ahead for the president, including a pivot to the economy following action on foreign affairs and immigration. on monday, president biden will visit the state department and his newly installed secretary, antony blinken, to outline his foreign policy vision through a public address and more executive orders it will be the first visit to foggy bottom by a sitting president since president obama's visit following the 2012
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death of ambassador chris stephens in benghazi, libya. on tuesday, biden will sign orders advancing the white house's immigration priorities and establishing a task force to reunite migrant families that have been separated. biden had pledged to do that on day one, but paused the effort to wait for homeland security secretary alley may i don't remember cass to step into his role, and he's expected to be confirmed on monday. shep >> kayla tausche live for us tonight. thanks 90 seconds left on a race to the finish meg tirrell of cnbc is reporting here on the news tonight that moderna has asked the fda to allow it to put more vaccine doses in vials, and the reason for this is they have some production slowdowns they want to be able to get more in there so they can distribute more quickly we should know sometime soon if they'll be able to allow 15 doses instead of 10. and johnson & johnson's vaccine has been found to be extremely effective in trials
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against severe disease in fact, in the trials, not a single person who took the vaccine went to the hospital or died some health experts are calling the one-dose vaccine a game-changer and the securities and exchange commission reviewing the trading on gamestop. of course, it announced it's working to protect retail investors, but there are still lots of questions about the moves that were made this week, and we'll have much more next week we're expecting a very volatile market on monday as the gamestop phenomenon continues and now, you know the news of this friday, january the 29th, 2021 i'm shepard smith. thanks for having us in tonight. and for following us on twitter @the news on cnbc.
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sfx: [sounds of everyday life events, seen and heard in reverse] ♪♪ ♪♪ ♪♪ ♪♪ sfx: [sounds of fedex planes and vehicles engines] ♪♪ sfx: [sounds of children laughing and running,
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life moving forward] sfx:male announcer:ldren this week on undercover boss: - wow. - the ceo of taylormade, the world's top-selling golf equipment brand, poses as an out-of-work golf enthusiast trying to land his dream job in the industry. - i'm al. - it's nice to meet you. - nice to meet you. announcer: can this desk jockey survive without his million dollar beach home and private putting green? - [frustrated yell] i will be a superstar at every job you put me in. - ow. - oh! - what is this guy doing here? - i gotta go a little faster, huh? - yeah. he should keep his day job. announcer: will this former sales rep remember how to sell his own product? - yeah, this, it, uh... let's see... announcer: and, will he be able to keep his identity a secret?


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