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tv   ABC7 News 1100AM  ABC  June 24, 2016 11:00am-11:31am PDT

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live from the kgo-tv broadcast center this is abc7 news. >> moments after the bell rang this morning, watch the market plummet. quickly dropping 500 points. investers going into panic mode as the brits make their choice known: they want to leave the european union. what does it mean for you? >> i am matt keller. >> i am natasha zouves. >> kristen sze is off. now, the stocks are still absolutely rocked. down almost 500 point, 495. and we have the political casualties and how long this
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could last. >> earthquake shatter decision made by the people of the united kingdom, the british people have spoken and the anti is "we are out." ought first political casualty of the vote? prime minister david cameron. >> at british people have made a clear decision to take different path. as such, the country requires fresh leadership to take it in this direction. >> overwhelming 17 million voters decided to exit the european union. the referendum exposing british to be divide, those supporting exit, angry on immigration and control of borders. >> in i can get into turkry there is no reason isis cannot get interest europe and into england and we could have paris thing, a belgium thing. >> folks would eleven the european union sending shockwaves through the world economy. >> and right here in the united states, investors in panic.
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>> it is a difficult day. that said, various forces are working hard in order to build up the resilience from the world system. all the u.k. is the first major country to learn the european union and it will take at least two years to separate from the european. president obama is addressing the brexit bomb shoal at stanford. he is at the entrepreneurship. >> borders and damage and automation have transformed every industry and changed how people have organized and worked entrepreneurship remains the engine of growth. >> the ability to turn a idea into a reality, new veteran tire, small business, this credits good-paying jobs. it puts rising economies on the path to prosperity and empowers people to come together and
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tackle our most pressing globe arm problems from client to poverty. when people can start their own business it helps victims and families succeed. it can make whole communities more prosperous and more secure. it offers a positive pact for young people seeking the chance to make something of themselves and can empower people what have previously been locked out. >> president obama speak of entrepreneurship in general especially under his leadership and his administration. he later will share the stage with mark zuckerberg. early this morning, shortly before the markets opened he said that people of the united kingdom have spoke were and we respect their decision. >> speaking of that, he spoke with prime minister cameron and the u.k. is committed to an orderly transition out of the e.u. hillary clinton is also weighing in on the brexit vote. she released a statement saying the time of uncertainty underscores the need for calm
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and steady learn in the white house to protect america's pocket backs. trump reacted. >> people went to take their country back. they want to have independence in a sense. many other cases they will want take their borders back, take their monetary back, at the love things. they want to have a country again so you are going to have this happen more and more. >> trump made the remarks in scotland after touching down at a golf course that he owns there this morning. the presumptive republican nominee likened the vote to the united states election saying the american people will have a chance to vote for their freedom in november. >> how is the average american affected by. >> of this? jessica castro continues our team come now explaining how this will affect your wallet. jessica? >> it is bitter sweet news for american consumers on the heels of brexit a volatile stock market is bad new for retirement but the drop in the british pound could be good news for
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consumers. >> if you were theying of boying a home, buying a scar, or even expanding your business with a listen, the u.k.'s departure from the union could be a good thing. this ever respect essentially sealed interest rates lower for the time being particularly for the rest of this year. >> but if you machine on retiring in the dream home, you may be wandering, what does brexit mean for for the 401(k)? when the dow opened it dropped on points. in it chesses anywhere neither those numbers it could men a $2,700 hit on the retirement savings today alone. at least on the average 401(k). >> if you are closer to retirement, say you are one or two years out retirement, you want a cushion, you want savings in cash that you can access, the longer away you are from retirement the more time you have for the market to come back. >> if you can, try to hang
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tight. this may also be a good time to invest but it is a reminder to diverse fay and not is all of your money in stocks. fine eel, travel. it is summer tie. that does mean some of you may have landed a vacation to london or another difficult in the u.k. >> because the appreciate pound is so weak you will have a lot more buying power so if you are already had planned a vacation there this summer you actually are going to be able to spend your money and make director money, your united states dollars go a lot further. >> on the flip side, british travelers may cut back on plans to come to the united states so this could be an adverse affect if you rely on tourism which is pick business in the bay area. >> thank you. stay with abc for the u.k. vote to leave the european union and we will have continued come online at abc7news.com. and on our abc7 news app download it for free to get push alerts sent to the phone.
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the president's visit has brought out some of the feelings from previous times, intrigue, and frustration, and travel plans did not go as planned for the president. this is why. this is my tweet from 9:00 a.m. this morning. you can see how foggy it was at crissy field at going going. the president's ride on the helicopter was canceled because of poor visibility. and amy hollyfield joins us at 5th and howard in san francisco where the president left the motorcade. amy? >> yes, matt, we knew when we saw c.h.p. officers pull up the flight must be canceled because they escort him on the highways. he left without any problems and good news to report right now all of the streets have re-opened. so, it is looking good through here and you can count on area being open for the afternoon commute, but the morning commute was jam. >> people would live and work in san francisco now know what this mondays. >> rebound is in town, staying at the intercontinental hotel on howard street and traffic is a
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police because of street closures. i work down the street at folsom and the traffic is blocked up. as far as you could see either way. we tray to get truck for deliveries... >> some taxi drivers avoid the area when he is here because traffic is so bad. if you stay in the hotel, it is a thrill. >> interesting to see the security guards and the met am detectors. staying here does not mean you will guaranteed a spotting of president obama. >> i wanted to see him but i did not against a chance. we were told he is coming in her at least continue times and the staff have not soon him. my dreams everyone crushed. i knew this would be no way i could see. >> people did what they did with
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a view overhead and others huddled on the curb waffed by a large team of san francisco police officers. >> the president fine army pulled out around 10:00 a.m. to head down to silicon valley. those who got a look thought it was war on terror the wait. >> i have never been that close to the president and why ever expect to so it was amazing. >> did you see him? >> yes i have pictures. >> look, all of that and the party is over they are picking up the barricades, cleaning up evidence that the president was here but she got a wave and that made her very happy. >> bernie sanders make as promise as the race for disdismarches on, and a he is saying about his rivalry with hillary clinton. >> pride weekend is just an the corner in san francisco and what you can expect to see fur attending the events.
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>> s car roars into sonoma race with with a tribute about to get under way to ramp up the excitement for the sunday race. >> and now our exploritorium at pier 15 is looking very
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you guy's be good[ bark ] i'll [ bark ]later bye. see ya pal. ever wonder what your pets do when you leave home? [ laughing ] aw you cutie pie. aw. aw. aw. aw. [ barking ] [ washing machine running ] party's on! know what your pets are up to with xfinity home. xfinity. the future of awesome. see the secret life of pets, in theaters july 8th. jill and kate use same detergent.sher. but only jill ends up with wet, spotty glasses. kate adds finish jet-dry with five power actions that dry dishes and prevent spots and film, so all that's left is the shine. for better results, use finish jet-dry.
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>> bernie sanders has not conceded the race for the democratic until nation but he said he likely vote for hillary clinton reaffirming a pledge to
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do "everything he can to defeat presumptive republican nominee donald trump." as representatives from both bernie sanders and clinton will review the draft of the platform next month for the democratic convention. >> many historians consider this bar in income city the stonewall, to be the berth place of modern gay rights movement. today, president obama announced he will designate the stonewall a "national monument." in 1969 police raided the hot spot trying to enforce the law that bond bars from serving alcohol to homosexuals. a riot brock out after patrons refused to cooperate. >> tens of thousands head to san francisco for america's largest pride celebration. police promise they will have extra officers in place to keep everyone safe. >> organizers say the floats this year will honor victims of the attack to orlando. the parade starts at 10 o'clock on sunday, running along market street in the financial district to 8th street. near the specific center. >> san francisco mayor lee will
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participate in the trans mark celebration for lgbt pride, with 7,000 people expected to attend the 12th annual march. the trans march starts at five o'clock p.m. at delores between 18th and 19th. >> you can share your photos with hash abc now. when you post them, visit abc7news.com for a list of the road closures, as well. >> do not worry, there are plenty of options for fun this weekend with a look at what is happening where you live. >> good morning, from the top of the broadcast center, mist and drizzle from this morning, gone, and the clouds at the coast are slowly melting away with our temperatures at two to six degrees warmer-than-average and more warmth in the weekend forecast. it will affect consider outdoor
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>> novato, oakland, sunnyvale and all the bay area, this is abc7 news. the war -- world of pass car returns, with drivers on the track practicing ahead of qualifying tomorrow for sunday's toyota state 350. two legends. be added to the raceway's wall of on. temperatures of thursday of fans are attending the weekend of events. last year the crowds with the biggest at raceway in a decade. audit big question, what kind of weather can we look forward to? >> for the an we check with meteorologist mike nicco on the roof. how is it, mike?
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>> nice. >> now, we take you down to sears point at the toyota 350, 85 today, breezy, warmest tom at 8, and 86 on sunday, and the sunshine is dominating in you are out there during the day make sure you have the sun scene on and keep with the theme of activities and what can you do today through the weekend, and alameda county fair just opened and 74 degrees, the extreme sunshine will still democrat nature and 86 at 3:00, and comfort am at 7:00 when the sun is going down and 65en we wrap up at look, and first place giants are back town at at&t park taking on philadelphia, and first pitch is 7:15, dropping down to 57 and breezy at at&t park. pride, the pride planner, 70 today in san francisco, and 72 with sunshine tomorrow, more cloud cover on sunday morning, and cooler, about 68. we mentioned that the pride parade is at 1:30 on sunday, and 63 degrees.
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as we head into to afternoon. we will have mid-to-upper 60s and it will be just as sunny in san francisco so wear sunscreen. in you are going to the beach this weekend, dangerous surf today, breakers, big protecters and, also, we have rip currents and the main temperatures for what you see, the board walking in santa cruz. it will be in the mid-60s on the peninsula and the north bay coast. now, a look at what will happen today by looking at the east bay hills you marine layer is hug the coast and through the day everyone is getting sunshine with above average highs each day of my seven-day forecast and the good news is that it will be back in the 50s and 60 at noon and it will feel nice, the sea breeze has calmed down and over sfo is at 10 miles per hour and the cloud cover is melting away. for the temperatures today, 60's hang coast, and 70 in san francisco and after temperatures right now, in the 60s and 70s. we will now look at wall help as we look inland...come on, come
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on, come on, not quite friday evening yet. we have some work, 90s as you hurricane at the inland east bay, and 80s elsewhere, and 70s around the bay. now, the seven-day forecast shows we have temperatures warmer at 2-4s did warmer tomorrow and we hold steady through monday, but the william of the days are ahead of us, tuesday and wednesday. now, there is a continue sunshine this weekend so have the sunscreen on. we have perfect pet, we are waiting for our you new studio to be build so we will do perfect pet by showing you a beautiful picture of the perfect pet, from the humane society of silicon valley. the staff said she 3 1/2 years old and socialized. sweet and calm but she items into a peter animal when you use the laser pointer and plaintiffs to follow it around for hours. she would be great in a home with kids and get this the shelter is running a promote through end of the month
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adoption fees on all adult cats are only $10. if you want to make this cat part of your family or any of the temporary animal, call the humane society of silicon valley. matt? >> yes, it is going to be a great weekend to get outside and enjoy great weather if you are looking for something fun, natasha has a look at what is happening where you live. >> we have you covered from pride and puppy on the peach and rare music in japantown. master artist wants to to which you to play this extremity. this is a photo of his mother, growing up in a tokyo geisha house coming from a line long of geishas back to the 17th century. this type of music has stayed with me since i was born.
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he let me flip on the special hand guard and take a crack at playing the three-stringed instrument, compared to the 50 years of playing, it is not quite the same sound. he was -- >> there were be 600 of these corgy dogs on saturday. >> finally, take part in creating a visible and iconic symbol, the pink triangle of twin peaks knocks down hate and intolerance. volunteers are needed to help hut it up and take it down. more information is at abc7 news and we will helping you up with
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hoodline. >> a dog you have to see to believe that really flips the script and this could the best pet. ever. >> michael finney. withs to her your consumer questions and will be at san antonio road in san jose from 4:00 to 7:00 to moot you to bring your questions. mike will be set up at the plaza right in the
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♪ they go ooh ooh. ♪ hey! ♪ they go oh-ooh-ooooh. ♪ sitting, watching, waiting, wishing. ♪ ♪ i tell you one thing, you never knew it. ♪ ♪ at the back of the bus ♪ there is so much to give, so dream big. ♪ ♪ yeah. ♪ and when they screaming get out, get out. ♪ ♪ all i wanna hear is get down, get down. ♪ ♪ yeah. ♪ and when they screaming get out, get out. ♪ ♪ all i wanna hear is get down, get down. ♪ ♪ get down, get down.
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>> coming up at 4:00, something good is coming out of the california drought, more tasty cheese, a change that is save water is improving flavor. >> windy and warm means increased near danger with preparations and precautions end way at 5 o'clock. >> today take consider dog to work day and in honor of that we are introducing a new time of pup. take a look, this can clean up after you. yes, i don't know...this is a robot dog that is named spot mini that can climb stairs and handle a variety of chores including doing the dibs, bringing you stuff or drinks and taking them away. >> this is the plot of "terminator," so it can
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entertain the kids by playing tug of war. and throwing cinder blocks. >> that is it for us.
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♪ light piano today i saw a giant. it had no arms, but it welcomed me. (hawk call) it had no heart, but it was alive. (train wheels on tracks) it had no mouth, but it spoke to me. it said, "rocky mountaineer: all aboard amazing".
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>> drama, emotion, excitement, and maybe, just maybe, confetti shot from a cannon. it's time to play "who wants to be a millionaire." [cheers and applause] [dramatic music] ♪ hello, everybody. i'm chris harrison. welcome to the show. are you guys ready to play "who wants to be a millionaire"? [cheers and applause] here we go. our first contestant is newly engaged and headed to the altar. so i imagine he could use some cash for that wedding. from boynton beach, florida, please welcome john trach. [cheers and applause] what's up, john? how you doing, man? >> great. how are you? >> welcome. >> thank you. >> first of all, congratulations. >> thank you. >> wedding coming up. $1 million, that could help, i'm sure. is that what you would do with the money? >> [laughs] well, about that. actually, what i want to do is, i want to take the million dollars,

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