you, the american people, reminded us that while our woro has been hard, while our journey has been long, we have picked ourselves up. we have fought our way back. we know in our hearts for the united states of america, the best is yet to come. >> this morn, it is back to work for obama. last night winning another four years. the president thanking the voters, saying emphatically, all of washington must now work together to build a stronger and a better nation. good morning, everybody, it is 4:30, almost 4:31. what a night it was.

i'm jon kelley. >> i'm laura garcia-cannon. the crowd was excited as obama gave his acceptance speech. thousands of obama supporters filled the mccormick place. they were jumping for joy. in what was a tightly contested race. >> but it was a different night in boston where mitt romney graciously succeeded the long-fought election to the president. we were at the watch party in boston. she joins us now with reaction. >> reporter: this ballroom cleared out almost immediately after romney conceded the race. the supporters walked out in quiet disappointment. with his family behind him and thousands of supporters before him, republican challenger mitt romney congratulated president

barack obama on his re-election. >> i so wish i had been able to fulfill your hopes to lead the country in a different direction but the nation chose another leader. and so ann and i join with you to earnestly pray for him. >> reporter: romney called on elected leaders to find common grounds on areas such as the growing deficit and looming budget cuts. >> the nation, as you know, is at a critical point. at a time like this, we can't risk partisan bickering. our leaders have to reach across the aisle to do the people's work. >> we can say barack obama will win ohio. >> reporter: an hour before romney briefly took the podium, the life had been sucked out of this convention center ballroom in boston. president obama appeared to have won the battleground state of ohio, securing the majority of electoral votes. >> not so much disappointed but i think we waged a strong campaign. >> i'm hoping that obama will

have a better second term than his first term definitely. >> reporter: accepting the loss, romney supporters are looking ahead, hoping for new solutions in the next four years. and now comes the hard work for those elected leaders. figuring out how to address the gridlock that has blocked progres in congress. republicans talking about what they need to do next time around to appeal to voters. also returning to washington senator feinstein. she beat elizabeth emken for california's senate seat. >> in the house, minority leader race, nancy pelosi will keep her seat. she decisively beats republican john dennis. that was a landslide but expected. >> exactly. democratic incumbent trying to hold on to his district three seat. he's facing republican county

supervisor kim dan. >> in district nine, the incumbent holding off a strong challenger. >> incumbent democratic pete staunch has lost his district 15 seat to fellow democrat eric sloan. we caught up with the new bay area representative. >> reporter: there's a lot of excitement here at the campaign headquarters in pleasanton. about 150 people have showed up and they are so excited about results. the 31-year-old is a councilman and prosecutor with the alameda county district attorney's office and now he has officially unseated incumbent pete stark. >> i feel very good. i feel like the support and the votes seen right now reflect the effort that's right behind us here. so many people have invested in our campaign with their hard work and just being out there and bringing their friends in, their neighbors and their family.

it's so encouraging to us. >> i voted for pete stark and the reason i voted for him is because i think his allegiance is to the people. he supports policy and legislation that benefits us. it benefits the nation. >> reporter: pete stark is 80 years old and has served in congress the last 40 years. we did try to talk to stark, he would not grant us an interview. he got in his car and he drove off. now, this is the new 15th district. it has been redrawn. it now includes dublin, pleasanton, livermore, castro valley, and several other cities. reporting from pleasanton for nbc bay area news. >> also returning to the house, oakland representative barbara lee. she wins a decisive victory over marilyn singleton to keep her seat, and we spoke to lee about what is next for congress. >> the american people are going to demand democrats and republicans, independents, come together on behalf of the american people. i look forward to continuing to work with our democratic caucus and really figure out, you know,

strategies to make sure that they don't keep saying no. that we figure out how to break that logjam. >> lee went on to add, the newly re-elected president obama is bringing the country together and she's very much looking forward to continuing her work with the president. >> one of the biggest state issues on the ballot is proposition 30. this morning, it is still a tight race. here's a look at the latest count this morning. 54% voting in favor. 46% against. now, that is with 92% of the precincts reporting so far. governor brown and prop 30 supporters stayed up late into the night watching those votes. proposition, you'll recall, raises the sales tax by a quarter percent. the initiative would raise about $6 billion. most of which would go towards public schools and higher education. late last night governor brown said things are looking good. >> i'm very optimistic.

no, it looks good. we're ahead and we're going to, god willing, we're going to stay ahead. >> governor brown, state lawmakers and teachers have pushed, hard, to pass prop 30 but opponents are not giving up. they say the race is still too close to call. if it fail, the school year would be cut short by two to three weeks. in the meantime, proposition 30's rival initiative prop 38 has failed. here's a look at those numbers. strongly, 72% voting against it. 28% voting in favor of proposition 38. prop 38 would have also raised taxes to fund education. kind of focusing on the younger group. the preschoolers. >> there were a number of other propositions. one of them was an attempt to

eliminate political contribution, through payroll deductions. you can see it there with 92% of votes in. this one will not pass. >> prop 34 is the repeal of the death penalty. it has also failed. >> prop 36 has passed. it will modify the three strikes law so the life sentence will only be imposefold a third strike is for a serious or violent offense. >> proposition 40 has passed with 72%. it approved the new district drawn up by the citizen's redistricting commission earlier this year. very interesting. we'll continue to school through those as the numbers change as well. >> 4:38 right now. let's check in on the weather. >> good morning. we have some sharp turns ahead in the weather department starting today. let's get right to your current

conditions. temperatures in the 50s. we're at 57 in sonoma. 48 degrees to start you out in napa. in the south bay, we have a full blanket of clouds overhead. we're looking towards a really great day. 92 degrees yesterday in gilroy. 56 to start. temperatures work out like this. a little bit of fog and drizzle at 8:00 a.m. that will start to subside. at noon, 68 degrees inland. you'll be at 74 degrees in the heat of the day perfection. taking a little bit of a drop-off here from the 80s into the 60s. so it's not going to be too bad. tomorrow, 50s across the board. heavy rain and no snow levels on the way. we want to check your drive. >> good morning. we're looking at the bay brij tol plaza. a little fog, a little drizzle. as you take this full view, you can see the roadway just fine. along the horizon, you see glowing lights. we'll give you the view.

turned up toward the university but you can't even make out the bridge. you can make out the fog toward the area. this will affect your driving. i caught it in many spots. and then we look at the south bay where san jose shows a little glow as well. looking at the maps, we see the south bay overall looking pretty good. there is one accident reporting south. sounds like everything's just about to clear from the roadway. we'll continue to track that and the rest of the bay, guys, back to you. coming up, we'll take a look at the other top news stories this morning, including the straight supreme court taking on the issue of online privacy. >> of course our election coverage continues with the latest in the tight oakland city council race. looking at some other races. berkeley's sit live ordinance. we'll have a look at that as well as some of the big races in berkeley.

welcome back, everybody. we'll take a look at the other top stories. the moraga school district meeting to discuss a lawsuit filed by a former student. she is suing the district and three former administrators for negligence and emotional distress related to sexual abuse she suffered at the hands of two teachers. just last week, the district responding that the student's own behavior led to that abuse. district officials will meet at 7:30 this morning to discuss that issue. the california supreme court tackles the issue of online privacy today. consumer groups say online stores like itunes and ebay are collecting too much personal

information during transactions. a state law adoption in 1991 bars retailers from collecting information like addresses or zip codes that are unnecessary to verify credit card purchases. but online retailers say the law is outdated and e-commerce requires more information to validate a transaction. a grocery store strike hitting day number four. 7,000 workers hitting picket lines at most raley's stores. tonight, there will be a support rally for the workers at the knob hill in alameda on blandy avenue from 5:00 to 7:00 tonight. it is back to business for washington out on capitol hill. congress facing a so called fiscal cliff. this is a series of automatic legislative spending cuts and tax increases. if a budget deal is not reached, taxes will rise for 90% of americans. the white house also set to carry out $100 billion in

automatic spending cuts to the pentagon. economists say there is a chance the country could slip into another recession. >> the markets are reacting to the election in a very big way. jackie deangelis is live with a look at how futures are trading this morning. good morning, jackie. >> good morning. the futures have turned sharply lower after being higher earlier this morning and of course in the red last night as many of those election returns were coming in. the asian markets were flat to slightly higher overnight. european markets seeing some green today. we did see stocks rally on tuesday. a notion that the uncertainty over the elections would be over soon is what drove the dow yesterday. the nasdaq was up 12, closing at 3011. the question, how does wall street typically trade after an election? since 1900, if the dow closes up on the day after the election, the market moves higher. 54% of the time over the next four years. if the dow closes down on the

day after the election, the market moves lower 73% of the time over the next four years. so of course a lot of market participants are going to be watching today to see if we set the tone going forward. back over to you. >> all right, thank you very much, jackie. people living along east coast who are just recovering now from superstorm sandy and they will be for a long time, they're now bracing for another storm in parts of new york city and new jersey. evacuations already under way. airlines have also canceled flights in and out of new york airports. the national weather service says there's a chance for more flooding, strong gusty winds and even snowfall. airlines have already started canceling those flights in anticipation of another coming storm. it's just the barrage continues. >> look at all of that, the damage you have to deal with. all right, certainly a tough go. i know you've been keeping your eyes on those storms. >> what i can tell you about this noer easter, though, it is not even nearly as strong as

sandy was. so that's the good news. we're only going to be experiencing the impact of this nor'easter for about 14, maybe 16 hours. and the expected rainfall -- of course the damage is already done from sandy but only expecting about 5 inches more if we see any and that is a very generous amount. here in our neck of the woods, much calcalmer. if you're trying to fly out anywhere, count on a ripple effect. we're expecting delays in san francisco. take you down to the south bay, 5p in san jose. 47 in gilroy. a good looking day shaping up because our natural coolant has been turned back on. getting a full deck of clouds all the way from palo alto to oakland. livermore should be clear to start. then the fog will clear. 11:00 a.m., still talking about quite a bit of fog lingering other the san francisco bay and

the immediate coast. that's going to drop our temperatures significantly for today but not even as close as we're going to get as we head through tomorrow. this will drop the snow level. maybe a half an inch. rain and wind and really cold conditions. we are at 92 degrees. today, i'm forecasting 73 degrees. that's a 20 degree drop from yield's highs. as we head through tomorrow, temperatures climbing into the 50s. rain showers arriving as you make your way home from work. when we wake up on friday morning, probably having some lingering activity that could slow down your morning commute. saturday to sunday staying nice and cool. probably requiring the heater. as we head through the next few days. next monday and tuesday, temperatures will climb yet again. >> always looking for the sunshine. thank you, christina. 4:39. now to the hotly con teted race

in oakland for the at large seat on the city council. the reports so far show rebecca kaplan with 46% of the vote. kaplan had to reach more than 50%. that means a second round has to be counted. kaplan tells us she's very optimistic about her chances of winning. her opponent says he's not ready to throw in the towel. >> i served 20 years. we transform the district. it's a better place. i'm good, you know, i feel good. i will continue tock working in oakland so, you know, it's like it's not even until it's over anyway. >> we're well ahead now in the returns so far so we're certainly continuing to watch and see them come in. we're feeling very good and i'm very grateful for the supporters. >> dell fuente gave up his district five seat after 20 years. took a risk to challenge kaplan

for the at large seat which deals with more citywide issues. >> city council at large popular incumbent rebecca kaplan we already talked about. let's move on now, taking a look at the major decisions in san francisco. voters defeating local measure f. this is the first part of the propos anal that would remove all the dams in the water system. more than 77% voted no on this one. of course we know the reservoir supplies most of san francisco's drinking water. measure a. this one passing with more than 72% of that vote. the $79 parcel tax is intended to help fund san francisco city college which is right now on the verge of accreditation. more than 70% of voters approving measure e. the city's payroll tax. with a tax on businesses gross receipts. it is 4:51. we'll tell you if the cost of shopping in santa clara county is about to go up.

a clear live look at 101. this isn't the same view you'll get around the bay. we'll give you the big warning from chp coming up. plus, it looks like richmond voters are saying no to a penny tax on sodas and other sugary drinks. we have a look of how this one is shaping up.

welcome back, everyone. a good wednesday morning to you. voters in santa clara county have approved a sales tax increase. measure a passed. you see 56.27%. 43% voting against it. this measure would increase the sales tax in santa clara county by one-eighth of a cent. but it makes the rate overall 8.5%. tying for the third highest rate in the state. the money would be used to fund local law enforcement and hospitals. voters approved a partial tax to fund projects within the water

district. >> in san jose, interesting, the high-profile ever to raise ever the minimum wage. it has passed. results coming in for measure d. raising the minimum wage in san jose from $8 an hour to $10 with annual increases based on the cost of living. now, this proposal actually started out as a project in a sociology class at san jose state. the students putting this together and making it happen. san jose joins just a handful of cities to set their own minimum wage. among them, san francisco and washington, d.c. so the students really taking charge on that. >> isn't that kind of cool for them? >> they do have a chance to make a difference. >> they're our chance as well. >> and mike just got a raise. >> outstanding. talk to my wife because she handles the money anyway. golden gate bridge, you'll have to pay your toll if you're coming into the city. slow down because chp has issued a travel advisory across the span. we're advising fog around the

bay as christina talked about as well it the visibility's okay for 92. farther south, very clear through palo alto. no problemses for 101. on the other side of the bay, i can barely see the roadway. that truck is off the free way in a parking structure just before you see it. back to you. >> thank you very much, mike. >> the 4:57 now. our election coverage tibs in a matter of moments.

in coming weeks and months, i am looking forward to reaching out and working with leaders both parties. to meet the challenges we can only solve together. >> it's official. four more years. president obama elected to a second term last week, despite that high unemployment rate all across the country. it was 5:00 almost on the nose. thank you very mh