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March 10th, 2010
09:54 PM ET

Evening Buzz: Boy Vs. Intruders

Maureen Miller
AC360° Writer

Tonight, you'll meet the seven-year-old boy everyone is talking about. The second-grader from Norwalk, California saved his family from a home invasion. Three armed men entered his home through an unlocked front door and threatened his mom and dad. Carlos and his sister hid in bathroom with his younger sister and called 911. We'll play the amazing tapes for you. On the recording he begs the dispatcher to quickly send police and soldiers, too.

We'll also take you back to Haiti where barely two months since the earthquake, a second disaster could be hitting. The threat: rain.   According to the U.N., seven tent cities, housing as many as 200-thousand people, are facing dire threats right now.  Pres. Obama hinted as much today when he hosted Haiti's president at the White House. Why are Haiti's homeless still in limbo? We're keeping them honest.

We'll also continue our "Homicide in Hollenbeck" series. Tonight, see how the stop snitchin' code on the streets can potentially be a motive for murder. Anderson also talks with boxing legend Oscar De La Hoya, who grew up near Hollenbeck.

Join us for these stories and much more at 10 p.m. ET. See you then!


Filed under: Maureen Miller • The Buzz
March 10th, 2010
09:46 PM ET

Sean Penn's Mission in Haiti: Join the Live Chat

Tonight on 360°, actor Sean Penn on his efforts to help quake survivors in Haiti. Why are the homeless still in limbo nearly two months after the disaster? We're keeping them honest. Plus, big questions being raised after  the arrest of the Pennsylvania woman who goes by the name "Jihad Jane" and the Islamic extremists here in the U.S. who support her.

Want to know what else we're covering? Read EVENING BUZZ

Scroll down to join the live chat during the program. It's your chance to share your thoughts on tonight's headlines. Keep in mind, you have a better chance of having your comment get past our moderators if you follow our rules.

Here are some of them:

1) Keep it short (we don't have time to read a "book")
2) Don't write in ALL CAPS (there's no need to yell)
3) Use your real name (first name only is fine)
4) No links
5) Watch your language (keep it G-rated; PG at worst - and that includes $#&*)


Filed under: Live Blog
March 10th, 2010
06:49 PM ET

Beat 360° 3/10/10

Ready for today's Beat 360°? Everyday we post a picture you provide the caption and our staff will join in too. Tune in tonight at 10pm to see if you are our favorite! Here is the 'Beat 360°' pic:

Bill Gates, founder of Microsoft Corp., left, and Former U.S. President Bill Clinton testify during a hearing in Washington, D.C. today. Gates urged U.S. lawmakers to spend more on global health than President Barack Obama proposed in his 2011 budget.

Have fun with it. We're looking forward to your captions! Make sure to include your name, city, state (or country) so we can post your comment.

Beat 360° Winners:

Staff:

Gabriel Falcon

"I lost my wallet. It’s black, leather, has a subway card in it......And about 600 million dollars."

Viewer:

Rodney

"After months of inactivity, two Bills for healthcare passed through congress today."

_________________________________________________________________________________ Beat 360° Challenge


Filed under: Beat 360° • T1
March 10th, 2010
05:32 PM ET

'Lost Boys' star Corey Haim dies at 38

Teen star Corey Haim, left, with his friend and costar Corey Feldman.

Teen star Corey Haim, left, with his friend and costar Corey Feldman.

Alan Duke
CNN

Former 1980s teen movie actor and heartthrob Corey Haim died early Wednesday, authorities said.

Haim, 38, was taken to Providence St. Joseph Medical Center in Burbank, California, where he was pronounced dead at 2:15 a.m. PT (5:15 a.m. ET), Los Angeles County Deputy Coroner Ed Winter said. The hospital is a mile from Haim's apartment.

Corey Feldman, Haim's longtime friend and frequent co-star, said Haim was "a wonderful, beautiful, tormented soul."

Keep Reading...

March 10th, 2010
05:07 PM ET

Financial Dispatch: Big bank scrapping some fees

 

 Andrew Torgan
CNN Financial News Producer 

Facing a withering crossfire of complaints about excessive fees, Bank of America says that it plans to ditch overdraft fees on debit card purchases this summer. 

The Federal Reserve recently announced new requirements that are slated to go into effect in July, but BofA’s move goes one step further

The Fed's new rules will prevent banks from automatically enrolling customers in overdraft protection programs, which charge fees when consumers spend more than they have in their accounts. More than 75% of banks automatically sign customers up for overdraft programs, according to a study by the FDIC. 

But under BofA's new policy, the bank will deny transactions for customers using their debit cards if they didn't have sufficient funds in their checking accounts to cover the charges.

For customers who attempt to withdraw insufficient funds at one of BofA’s 18,000 ATM machines, the bank will alert them that a $35 overdraft fee will kick in if they continue and ask them to confirm or decline the transaction. 

The new policy kicks in for new Bank of America customers beginning in June, and for existing customers starting in early August. 

Rival bank JPMorgan Chase reduced the maximum number of daily overdraft fees from six to three in January, and says it will implement additional reforms at the end of the month and this summer. 

The Center for Responsible Lending says overdraft fees on debit card and ATM transaction account for about half of all overdraft fees, which total nearly $24 billion annually.

State unemployment picture brightens

A total of 30 states and Washington, D.C., reported rising unemployment rates in January, down from 43 in December.

Jobless rates decreased in nine states, according to the Labor Department's monthly report on state unemployment. Eleven states reported no change.

Twenty-five states posted jobless rates lower than the national unemployment rate of 9.7% in January. Eleven states and Washington, D.C., reported rates higher than the national average, down from 17 states and Washington, D.C. posting rates higher than the national average of 10% in December.

Michigan again had the highest rate of unemployment at 14.3%. Second was Nevada at 13%, followed by Rhode Island at 12.7%. For South Carolina, fourth at 12.6%, and California, fifth at 12.5%, the January jobless rates were record highs.

North Dakota was again the state with the lowest jobless rate, at 4.2%.

Remember Pets.com? Webvan?

It was 10 years ago today that the Nasdaq closed at its all-time high above the 5,000 mark, fueled by dot-com hysteria and a series of moon shot IPOs. Little did we know back then that it was actually “dotterdammerung” - or the “twilight of the dot-coms.”

Today, the Nasdaq closed at less than half that level - 2,358 and change.

So take a trip with CNNMoney.com back to a time when some entrepreneurs believed that shipping a 40lb. bag of dog food or a single pint of ice cream to your front door or would make them millionaires.

It’s a tale of sock puppets, Super Bowl commercials and a seemingly inexhaustible supply of hubris.

Follow the money… on Twitter: @AndrewTorganCNN


Filed under: Andrew Torgan • Finance
March 10th, 2010
04:34 PM ET

Video: Jihad Jane, American who lived on Main Street

CNN

The Pennsylvania woman who dubbed herself Jihad Jane is an American who lived literally on Main Street in an apartment where she spent much time online, posting messages saying she was "desperate to do something" to help Muslims.

Colleen LaRose, a 46-year-old who converted to Islam, has been indicted, accused of conspiracy to provide material support to terrorists and kill a person in a foreign country, the Justice Department announced Tuesday.

She was not well known in her neighborhood in Pennsburg, an hour north of Philadelphia. One of her neighbors reacted to the news by saying, "It scares the hell out of me."

LaRose was arrested October 15, officials say, but that was kept under wraps to protect another ongoing investigation. She's in custody in Philadelphia and is scheduled to be arraigned at 10:30 a.m. March 18, the Justice Department said.

Keep reading...


Filed under: Terrorism
March 10th, 2010
04:28 PM ET

Video: Pennsylvania woman tried to recruit terrorists

CNN

A Pennsylvania woman has been indicted for conspiracy to provide material support to terrorists and kill a person in a foreign country, the Justice Department announced Tuesday.

Colleen LaRose, known as "Jihad Jane" and "Fatima LaRose," has also been charged with making false statements to a government official and attempted identity theft.

She was arrested in Philadelphia, Pennsylvania, on October 15, a spokeswoman for the U.S. Attorney's Office said. No arraignment date has been set, the official said.

LaRose is being held at the Federal Detention Center in Philadelphia, according to the U.S. Attorney's Office.

Keep reading...


Filed under: Terrorism
March 10th, 2010
03:53 PM ET

Oscar De La Hoya gives back to Hollenbeck

Oscar De La Hoya sat down with Anderson to talk about his plans for Hollenbeck's youth.

Oscar De La Hoya sat down with Anderson to talk about his plans for Hollenbeck's youth.

AC360°

Tonight we report on the impact of gang violence on the Los Angeles community of Hollenbeck. Anderson sat down with 10-time world champion boxer Oscar De La Hoya, who was born in Hollenbeck. He is also one of the neighborhood's greatest success stories.

In 1992, he became the only American ever to win an Olympic gold medal in boxing. Since then, De La Hoya has become one of Hollenbeck's most visible philanthropists, working to help the area's teens escape lives of crime and drug use.

He started the Oscar De La Hoya Foundation, which recently partnered with Microsoft to offer computer skills classes to the local community. He is also on the board of Green Dot, a group of 12 California public schools helping high-need, at-risk students make it to college.

Read more about Oscar De La Hoya's philanthropy here, and watch tonight's AC360° at 10p ET to learn more about his plans for Hollenbeck's youth.


Filed under: 360° Radar
March 10th, 2010
03:18 PM ET

Oscar for Iraq war film well-timed

Kathryn Bigelow on the set of Oscar-winning film 'The Hurt Locker'.

Kathryn Bigelow on the set of Oscar-winning film 'The Hurt Locker'.

Ed Rollins
CNN Senior Political Contributor

This past weekend, Iraq had a real election and in spite of threats and bombings, millions of voters participated in record numbers. It is a giant step forward in Iraq's road to democracy and has the potential to be a beacon for others in this battle-scarred region.

Even though all the details of the new government will take months to work out, step one, free elections, was a major accomplishment, and the people of Iraq should be very proud. They have paid an enormous price in the deaths and injuries of their fellow citizens and loved ones. Some may never recover from the financial ruin caused by the loss of their homes and destruction of their neighborhoods.

Every citizen has been affected in some way by the last eight years of war. But to many, and especially Iraq's young people, a stable and peaceful future is now a potential reality with their own peacekeepers in place and a functioning government.

Keep Reading...


Filed under: Academy Awards • Iraq
March 10th, 2010
03:10 PM ET

Back from Iraq war, and alone

Mike Scotti
Special to CNN

A few days after I had returned from a six-month deployment to Iraq, my second sojourn in the Middle East since 2001, I remember feeling like I was an alien creature from some other planet.

It was 2003, and I was attending a friend's wedding. As I sat at the table listening to the conversation, I suddenly realized that someone who had never been in combat could never even remotely understand what I had just been through.

I looked around. The chamber music quartet, the beautiful bridesmaids, the steak dinner...none of it was real. My buddies were, at that moment, probably on patrol and quite possibly engaged with the enemy. That was real.

Keep Reading...


Filed under: Iraq • Military
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