complete bay area news coverage starts right now, this is ktvu channel 2 news at noon. >> kind of acting strangely. >> breaking news in san francisco. an officer involved shooting after an assault. good afternoon. we begin with breaking news right snow in san francisco. -- right now in san francisco.

a officer involved shooting in the financial district. ktvu's paul chambers is live near the scene where police brocked off an area. paul, what have you learned? >> reporter: the chief wrapped up a press conference. there is an active scene out here assertions try to -- as officers try to figure out what happened. this vehicle is the person who was involved in the shooting. started at 10:17 at the chocolate factory inside peer 17. a stabbing happened right there. the person left that place, the suspect left that place, walked up washington and when he got to the intersection, he came across one officer. he ignored the officer and came across the second officer and he rushed the officer. a witness, this is what he had

to say. >> he looked angry, like he was upset. he was acting strangely. he said something to him, to the suspect, he kept walking. when he walked to the female officer and she said something and he rushed her. >> reporter: once again it started at peer 17. the shooting happened that intersection of washington. that is when a second officer engaged the suspect. the suspect was taken to the hospital. he is in surgery at this time. now the other person, the victim that was stabbed, they were taken to the hospital with non-life threatening injuries. we will bring you the latest as it happens. get information on www.ktvu.com and we will have more at 5:00. live in san francisco, paul chambers, ktvu channel 2 news. >> thank you. a board of regence reading in san francisco is resuming

right now. ktvu's christien kafton is live in san francisco to explain why the students are so upset. >> reporter: i just checked on the meeting 5 minutes ago, look you can see the police presence here still in front of the building. this morning we watched as protesters went into had meeting and brought it oo a halt -- to a halt. >> reporter: a group largely made up of university of california students executed a zombie takeover. >> reporter: reenacting the dance moves from thiller from the 1980s. it brought the meeting meeting to a halt. they left it room and after 10 minutes police moved in, ordered the crowd to disperse, which the protesters did. >> reporter: the protesters insist it comes with a message.

they are urging the board of regence to support governor jerry brown's proper 30. they say if it isn't passed the university could implement a 20.3 fee hike and they said if the fees are raised it would only effect some schools. >> the highest increases are in those fields where salaries are more lucrative, business school, law school, medical school. >> reporter: the students say the money should go to education and the idea of raising fees isn't fair. >> that is not true. we have a hard enough time affording school and we are not in professional fields yet.

and the biggest problem is the here and now really. >> reporter: rob roth is working on this story and will have the latest this afternoon. live in san francisco, christien kafton, ktvu channel 2 news. >> thank you. california state university students are criticizing trustees who improved pay raises for three new presidents ktvu channel 2 news will earn 9- 10% more. the chancellor says it is necessary to attract top talents. this promises to be a crucial night for suspended san francisco sheriff ross mirkarimi. his wife ellana lopez is set to testify tonight before the ethic's commission. ellana lopez flew back from venezuela. the commission made decide

whether a inspector will testify. the san francisco board of superrers passed a budget but -- supervisors passed a budget but there was controversy around one item. they called that wasteful. asked the money be used for projects jump as pedestrian safety or capital improvements. governor jerry brown will be in san francisco to sign a california's high-speed rail construction bill. the $5.8 billion measure barely made it through the senate earlier this month. it will pay for construction of the california's high-speed rail in the valley. a ceremony is planned for 2:00 p.m. this afternoon in san francisco. oakland city counsel endorsing ac transit bus rapid

transit project. they voted for the project last night. the route is 10 miles long and will go from san leandro throw downtown oakland. -- through downtown oakland. it will create about 700 jobs. >> the transportation commission is considering a proposal to tax motorist for every mile they drive. the tax would reduce traffic and pollution while increasing revenue. it could include a higher rate for miles driven at peak hours. >> it would be a lot of money. every year, depending on how they tax you or how they get their money it will be tough. >> the plan also suggests raising the bay bridge rush hour toll by $2 making it $8 to

cross at peak times. san francisco police are looking for two men accused of sexually assaulting a woman. here sasketch of -- here is a sketch of one of the suspects. he has a piercing above his right eyebrow. the woman was attacked june 6. if you have any information call san francisco police. police have a esketch of the suspect -- have a sketch of the suspect who killed a student. it happened june 8 outside the bart station. he jumped out of a car and chased the victim. the victim was a student at city college. anyone with tips call san francisco police. redwood city police are testing a program that would let you have a video chat with

an officer. the program is the first of its kind in the nation. it allows you to talk to an police officer. you don't have to live in the city to use it. it is available from 9:00 a.m. to 5:00 p.m. monday through thursday. apartment costs are at its highest ever. palo alto is the most expensive place to live, $2,700. san francisco is second eand redwood city is third -- and redwood city is third. there is higher demand for rentals because of more jobs. federal reserve chairman ben bernanke delivered a gloomy report this morning on the nation's economy to a house committee. ben bernanke says the economy continues to grow but slowly. he said unemployment likely

will remain above 7% for the next 2 years. >> over all level of confidence remains low. >> ben bernanke says officials do not see a double dip recession. defense secretary leon panetta said syria's tug of war is spinning out of control. it comes after a bombing that killed three top officials. the administration slapped sanctions on members of the government and leon panetta called for international pressure for him to step down. >> the international community, working with other countries that have concerns in that area have to bring maximum pressure on him to do what is right to step down and allow for the peaceful tranksition -- transition. we are live in antioch with

a war vet receives the keys to his dream house, mortgage free. coming up. >> gray skies around the bay area. steve will tell us if a warm up is on the way and cash is coming to a bay area airport tohelp with -- to help with runway improvements.

an injured iraq war veteran is in his own home today thanks to a generous donation. ktvu's tara moriarty is live in antioch with the emotional homecoming. >> reporter: quite a moment. an hour ago he received the keys to this new home, worth $400,000 but for him it was free. >> oh, my gosh! this is so big. >> love you. >> love you too. >> reporter: they got coached up as they -- coked up as they walked -- choked up as they walked through their new home. >> when i got the call that it is happening i just -- i just

started breaking down. crying on the phone. i couldn't believe it. we were in a hard situation, being all the deployments, getting out of the military it has been a crazy situation. >> it works. >> reporter: he received the purple hard for head injuries when a ied exploded. this was a foreclosed that the bank donated. it provides mortgage free houses for injured vets. they will move in next week and happy to say everyone already has their bedrooms picked out. tara moriarty, ktvu channel 2 news. the number of vets applying for disability benefits continues to grow.

a official plans to tell a committee the flow of claims increased 48% during the last three years. they want to process all claims within 125 days by the year 2015. president obama proposed a $1 billion student mentoring program today. high performing teachers in math and science would be recruited. they would be paid a $20,000 stipend on top of their salary and be required to serve for four years. nelson mandela turned 94 years old today. children across south africa sang happy birthday to him. former president bill clinton is also in south africa. he took part in a movement asking people all over the world to perform 67 hours of

volunteer work -- 67 minutes of volunteer work. a week after they were chased out by the robbers fire, they can return home. cooler weather helped control the fire. the fire burned 2600 acres and destroyed one home. new funding for the san jose airport could provide a economic boost for the south bay. the airport is getting $7 million for runway improvements. it could attract more travelers. this is part of the fifth phase of the $55 million project improvement project. many people are pleased with the progress. >> improving it will help business too. >> oakland has a lot of great

airlines. >> airport improvements will be important when the patten office is open attracting more business. low clouds and fog burning off sooner today compared to yesterday when it stuck around most of the bay. there is still low clouds around. if you enjoy the cool weather, there is your friend, this area of low pressure producing light showers but nothing like yesterday. totals, up north. tropical clouds to the south, they should stay there. clouds paling back. far cry from the last couple of days when the winds were picking up. truckee 72. not something that happens all the time in july. 60s for most or low 70s, san jose, livermore. 66 santa rosa.

everyone is close here. these are the remains of the hurricane. looks like it will take aim at los angeles. our low isn't going anywhere. gradual warmer. nothing extreme. something each day. few high clouds towards the valley, south bay or east bay. highs today 60s, 70s or low 80s. coolest day was tuesday. temperatures inland start to warm up. today and tomorrow 70s or low 80s. cool to mild lows tonight. low clouds, lots of sun and warmer. but 60s, 70s and 80s. a lot of 70s. inland temperatures are 10-15 below average. some up to 20.

record low maximum temperatures in sacramento, stockton. very, very cool. highs today reaching up 5-7 -- creeping up 5-7 degrees. not bad. 60s and 70s. warmer weather inland. nothing extreme. 60s and 70s. new york city, new jersey, already 96 to 104. [ talking at the same time ] >> what is going on? [ laughter ] >> december it was warm. [ talking at the same time ] >> steve paulson, thank you. well, investigators remain on the scene of the officer involved shooting in san francisco. it happened hours ago in the financial district. ahead we will take you back out live of this developing story.

a live look at the big board. dow is up 100 points. 12,908. we are returning now to our top story, a officer involved shooting in san francisco. over to ktvu's paul chambers who is in the financial district with the news. >> reporter: i can tell you i have new information, you can see there is an active scene. officers plan to be out here for several hours. at davis and washington. look at video shot earlier. the new information is the

person was a tcho temporary employee. 30 years old. a shooting happened at 10:14 at peer 17. he went up to a co-worker and slashed him. the victim, the establishing victim followed the suspect up washington street, that is when the suspect engaged one officer. the officer told the suspect to stop. ignored the first officer. came across a second officer. the officer tried to -- the suspect tried to rush the officer with a knife. the officer fired two shots. the victim fell down. he was handcuffed. after the officers rolled him over they saw he was shot and they treated him on the scene. there was 10 minutes in between

the stabbing and the shooting itself. we are told that the suspect is in surgery right now. the victim, the stabbing victim has non-life threatening defense wounds to his arm. and the officer is in administrative leave which is protocol. check us oton www.ktvu.com and -- check us out on www.ktvu.com and at 5:00 i will have a full report. paul chambers, ktvu channel 2 news. >> quickly before we leave, you mentioned another incident at peer 17. do you know what is going on there in this investigation? >> reporter: right now i can't tell you. we know the press conference was happening at that spot. they made a call right there. we will go down there to figure out what is going on and bring that to you also. >> thank you so much for being on top of this story.

appreciate it. mayor ed lee is considering implementing a controversial police tactic. yesterday people rallied outside city hall to oppose the stop and frisk policy. opponents say minorities will be unfairly targets but mayor ed lee says he would make sure civil rights are protected. retirement ceremony today for two san francisco police forces. horse shoes were nailed up at lefty o'duals this morning. charlie passed away 10 days ago. a 19-year-old horse came to the ceremony with his human partner. she says he will spend his golden years on a ranch. olympic gold medals may flitter but they are -- glitter

but they are not all gold. they are mostly made of silver with a layer of gold. if gold medals were 100% gold they would cost $20,000 each. and thank you for trusting ktvu channel 2 news today. join us again today at 5:00 for more on the shooting in the san francisco financial district. and we are always here for you through the day on www.ktvu.com and mobile www.ktvu.com. have a great day.