time home buyer can afford and we really need that first time home buyer to be part of the market, to continue to be part of the market for us to see a long term recovery going forward. >> investment group blackstone is the biggest buyer of these homes under its subsidiary plantation homes. blackstone say institutional buyers account for a fraction of homes in the u.s. and not the reason for price increases. it adds home prices are going up as the real estate market and broader economy improves but still remain well below peak 2007 levels. some economists see a limited impact of institutional investors on the broader housing market but they say there's a key thing to keep in mind. >> this is are profit seeking money making effort. it's built on the numbers. as long as the prices in houses are low enough, so they see attracted to sell the house they'll do it. >> and those same institutional buyers will slow or stop their buying when homes become too pricey and no longer boost their bottom line. mary snowy, al jazeera. >> what happens if the buyers suddenly decide to exit the housing ma

>> right, this is a custom home.his is a home that we're doing for somebody, and they're picking all the finishes, everything. what we're getting into now is a spec home, where we buy the land, build the home and people buy it midway through or towards the end. we're shifting from the larger home like this to a little smaller home, less yards, there is really--there seems to be a high demand for that, and a lot of people moving into the city with no kids or one kid, and they're looking for something with very little maintenance. they really don't want to spend $2 million. >> charles, we know that a very large proportion of the homes that are sold in america today are cash purchases, but that's misleading because in most cases these are institution who is are buying up in many cases foreclosures. they're buying lots of homes and renting them out. you're seeing real live people making cash purchases for homes. not getting a mortgage? >> right, we see a lot of it. and we compete against a lot of it, believe it or not, a

luxury home builder, their profits gr grew. the average toll brothers home sold for $695,000.10% from 2012. they seem to be in a cautious mood. a recent sentiment plunged 10 points in february. the biggest monthly decline on record. the national association of home builders said unusually severe weather conditions was one of the reasons, even though the report said home builders now believe home sell conditions are poor rather than good. but enough of this big picture tuck. let's get some perspective from a real home builder on the ground. the man we have spoken to before. charles candella, he has noticed the market shifting a bit for the market looking for younger buyers, looking for more reasonbly priced homes. one of the homes that his company is working on right now, there they are, charles a couple of guys behind you. tell me about this home that you're in. >> this is probably a little larger home than what we're going to start building. this is about 5200 feet. you know, it's a little higher end home. the ones you were talking about earlier that we're moving towards is g

bundle homes into investment tools. >> they are pushing home prices up out of reach in some markets tohat the first time home buyer can afford. and we need that first time home buyer to continue to be part of the market for us to see a long-term recovery going forward. >> reporter: black stone is the biggest buyer of these homes. they have purchased 49,000 in the u.s. black stone says institutional buyers account for a small fraction of rental homes in the u.s. and it adds home prices and rents across the country are gradually going up. some economists see a limited impact of institutional investors on the broader housing market, but they say it's a key thing to keep in mind. this is profit, seeking, money making effort. it is built on the numbers. as long as the prices in houses are low enough. they see it attractive to buy the house, rent it for some period of time, and then sell it they'll do it. >> reporter: and they will stop their buying when homes become too pricey and no longer boost their bottom line. >> that leaves a question what happens if these big investors decided to exi

home.what generations of middle class workers were raised to believe. coming up, a look at housing in the land of opportunity and whether residenting is a better idea than buying. you are watching an al jazeera special presentation, america's middle class, rebuilding the dream. >>> i am working on being middle class. a guy can dream. >> he is working on it. we are rooting for him. for those of you joining us,ays america is launching a year long conversation about america's middle class, rebuildings the dream. america's middle class is understand growing pressure and achieving the american dream is in doubt for many. starting now, we are going to shine a light on the problem and look for solutions that will help all of us prosper. the value of your home is key to how wealthy you feel. when the housing market collapsed in 2008, it set america into a recession that hit the middle class hard. millions built wealth that you their home found themselves under waters or facing foreclosure. it becam

we were up about 12% in home prices last year. given the lean inventory and on going increase in sales, i'm hinting of an inventory-sales ratio, that tells us that home price appreciation should be up probably 8 to 10% in 2014. >> all right. a bullish housing forecast from carl ricadona, senior economist at deutsche bank. thanks. >>> on wall street today, investors were encouraged by the strong numbers on new home sales. stocks rose early in the trading session with the s & p 500 hitting a fresh record high. and the nasdaq reaching a 14-year high. and although those mile stones didn't last, the russell 2000 small cap index did close at a new all-time high. at the end of an up and down day, the dow rose 18 points, the nasdaq added 4.5 points and the s & p edged up a fraction. >>> and while a major u.s. stock average inched higher today, russia's rts index fell another 1.5% overnight. that's after president putin ordered combat readiness drills for 150,000 russian troops near ukraine. even without this latest sabre rattling from the

home sweet home ... this time on spark. [ ♪music ] >> major funding for spark is provided by the william and flora hewlett foundation,ú supporting creativity and innovation in the arts since 1967. and by the kqed campaign for the future program venture fund with additional support from the walter and elise haas fund the george frederick jewett

prices and a tight supply of homes on the market caused home prices to fall in december. according to the case sharer home price index, prices fell .10% the second month-to-month decline that row. burt survey also reported that in december home prices in the 20 biggest u.s. cities rose more than 13% since december of 2012. yale economist robert shiller, namesake of the closely watched survey, predicts more uncertainty in housing prices in the year ahead. >> i think prices will continue to go up for the first part of the year at a fairly good pace. but i think they may weaken. there's a lot of signs showing that the housing market is weakening. >> the survey also says that the strongest part of the housing recovery may be quote over. >>> no matter where home prices are ultimately headed, you can be sure of one thing, your grocery bills are heading hire. the usda predicts that food prices will rise between 2.5 and 3.5% this year which is right in line with overall inflation. but that is based on a normal weather pattern. and with a devastating drought out west and polar vor

prices and 33% rise in home mortgage rates and saying that 42% of the home sales bought with straight cash and that is the highest level since tracking this stuff. and you might be surprised who is doing the buying. >> in the communities with the signs these like cash is king and the investors are a reason for driving the home prices higher. they are not the new kids on the block. in fact, they have been going into distressed communities for a few years and buying the homes and fixing them up and renting them. what's new, dramatic up creases. >> i think that has driven up the prices quicker than expected because this is a new level of demand in the housing market that they have not seen before. >> it is estimateded they have purchased 219,000 homes in the u.s. since 2011 and phoenix and las vegas were hot and now turning to the southeast, atlantaing , cape coral, knox visit and memphis top the list. it is options like this one where the investors found homes to buy. one in four homes in that city are being sold to investors and to be sure, they are credited with stabilizing the housin

your home can be gone. this home might not be here. if you see pictures from 1969, all the homes up here, you can see is facia and the roof. that was it. >> reporter: what can they do to protect themselves? not much. but throughout these neighborhoods, they are installing concrete barricades, like these. think of it as a giant funnel, designed to channel the mud all the way down the street. the hope is, it'll leave all those houses intact. the barricades will be here for three to five years, until the vegetation grows back. >> it's not a lot of great curb appeal. but if it's going to keep us safe, i'm all for that. >> reporter: from here, the storm heads to the frozen midwest, where blowing snow is already wreaking havoc on the roads. and see that steam? it's so cold in minnesota, lake superior is 50 degrees warmer than the air. here in glendora, the forecasters say the second wave of the storm, with the heaviest rains, could hit as soon as tonight. but for now, it's blue skies, diane. >>> and let's bring in meteorologist, ginger zee.

home builders believe home sale conditions are poor, rather than good, which is what we have seen for the last several months. reports indicate a slow down, which sum, but not all attribute to a few months of extreme weather. take the jobs report. 262,000 workers didn't make it to work because of weather. 273,000 people in december didn't go to work because of extreme conditions. the chief u.s. economist at standard and poors believes the risks facing the economy decreased and joins us now. good to see you. >> great to be here. >> the weather thing is not clear. there are some indicators that weather caused problems. and yet we saw construction jobs growing, housing starts didn't go. is weather a factor in the economy? >> when you look out the window there's snow everywhere. we have the coldest winter in 35 years. when that happens people can't go to work and school. digging a hole to put a foundation is difficult. it's a big factor. >> when you see the reports on housing. the home builder sentiment suggests that people are turning a little bit. how much of the slowdown in the reports

prices and new homes are only seven percent of the market existing home prices or exit existing home sales i should say are at eighteen month lows so you have mortgage applications you have existing home prices down that's ninety three percent of the market you know the fact that we have new home sales that's not really that big a deal right it's not it's not as important as they're reporting it to be a lot of let's i want to take a look at this graph really let's throw it up on the screen if we can now the bottom half of the graph shows how big of a drop in housing prices each city experienced at the top half of the graph shows how much each market has recovered have las vegas miami and phoenix the biggest drop and i mean they tend to win this stuff and the best recovery and so i thought the bubble bursting in these housing markets you know how how can this happen again you know it's happened before how can it happen again and can you explain what's happening in these markets because they are volatile markets they're crazy markets and there's a lot of jokes made about them but how d

but this home was intention set on fire. good evening, i'm ann notarangelo. >>> flames tear through a mobile home that was an explosive threat to a community. this home was about intentionally set on fire. good evening. >>> more than 60 families in redding are still out of their homes tonight after the home was burned down. kpix5 don kna about pp explain yes they wanted to burn the house down instead of moving the explosives out. >> burning the down the structure was the only way to ensure the safety of those who had to god in and remove the materials. >> reporter: materials discovered after a blast seriously injured the man now charged with making what the sheriff calls, hme's home made explosives. >> 10 days ago firefighters rushed to the home to the east. at that time it was to save his life after explosive material detonated while he was building model rockets. the blast took off a hand and injured an eye. sheriff deputies and bomb squad members discovered a serious risked in of east home. 60 pounds of explosives, threat

bowl, and just in case you're wondering, people are already renting their homes or listing their homesor next year's super bowl in phoenix, and this one hasn't happened yet. >> wow. i know one people. a lot of people have friends coming out of the woodwork. from seattle and denver who want a couch to borrow for a few nights. thank you. >>> bruno mars is taking music's biggest stage tomorrow. headlining the super bowl half time show and coming off a grammy's win. not bad for 28. take a look at being one of pop's biggest stars with us. ♪ >> reporter: bruno mars is going from superstar to the super bowl. born peter her and in toews a musical family in hawaii he started as the world's youngest elvis impersonator. ♪ take my hand >> reporter: he struggled as a performer. he was dropped from motown records then changed his business plan and began writing and producing songs for other artists. ♪ got nothing on you >> reporter: his big break came in 2010 doing vocals for two songs he helped write. "nothing on you" and "billionaire" ♪ i want to be billionaire >> reporter: his debut album, a succ

he stayed home where he felt most comfortable. the more he thinks about it, the more doubts he has about spending one's golden years in the confines of an institution like this. as for the pan cakes, kind of bland, he says. but otherwise pretty good. a meal at the university ahead of the big exam. the past few weeks have been a pressure cooker of study and work as the stress increases his initial enthusiasm has waned. now he's thinking about returning to cologne. that means a lot to me he says. i would be happier there. but first he has to pass his exams. he has survived the first major test. but he won't be partying with the others. duty calls. he thinks it went well. he studied hard and got through it. it's his first time alone with the retirees. he thinks thank goodness for television. he rearranges a few things so the senior ks see better and tells them to call if they need help. one woman needs some assistance. now she's more comfortable. he says he actually enjoys his job but he's sick of always aving to prepare sandwiches.

the body was found in her home.s the health minister in 2002 she was the architect of a euthanasia bill giving people the right to end their lives. forensic tests show her death was suspicious. belgium's parliament voted to allow assisted suicide for terminally ill children. patients have to be 18 under present legislation. it is likely to become law in april. >> thousands of protesters marged through venezuela's caracas on thursday, demanding justice for two killed during ant anti-protest the day before. >> the u.k. dealing with weeks of flooding and more rain on the way. >> hello again. good to have you with us. >> the top stories - 200,000 people ordered to evacuate java island after a volcanic eruption. ash spewed reaching cities as far as 17km away. riot police are clearing anti-government protesters from camps in the capital bangkok. some demonstrators have been out for three months, calling on the government to resign. a round of rare high-level talks between north and south korea have been held in the border

you have left your home. >> i am okay and i will meet you at... >> exactly.xactly. water proof matches are a great thing to have as well. >> we have matches here. and my spare glasses. >> and your spare glasses. >> if you have medication, you should keep it with you or have access to it. if it needs to be refrigerated make sure that it is in your ice box. >> inside, just to point out for you, we have spare batteries. >> very important. >> we have a little first aid kit. >> and lots of different kinds of batteries. and another spare flashlight. >> so, alicia what else can we do to prepare our homes for an earthquake so we don't have damage? >> one of the most important things that you can do is to secure your valuable and breakable items. make sure that your tv is strapped down to your entertainment cabinet or wall so it does not move. also important is to make sure that your book case is secure to the wall so that it does not fall over and your valuable and breakables do not break on the ground. becoming prepared is not that difficult. taking care of your hom

the power was shut off in the home but there was a live power line leading to the home. >> we had a hazardin front of the house because the line looked like it was getting ready to fall so pg&e came and secured that line for us to eliminate threat. >> reporter: now at this point the exact cause of the fire remains unclear. there was no sign there was anyone living inside the home. transients or anything of that nature. it's believed the home has been vacant for six months. a fire investigator will be called in here to take a look at the evidence inside the home and get a better sense of how this fire started. live in san leandro alex savidge ktvu channel 2 news. >>> police in san jose are investigating its eighth homicide of the year. detectives say it started as a home break in. ktvu janine de la vega is joining us from san jose to tell us what she has learned about the suspects and the house. janine. >> reporter: neighbors tell me there have been problems surrounding this home. they say the shooting last night scared them and one of the neighbors told me they saw what they believed to be

were getting out of that first-time home buyer market because the first-time home buyer was gone from the market. as the builders move into 2014 do you expect they push back, go back to that first-time home buyer who is such a small record low percentage of the market or will we see bigger, more expe e expensive homes from the builders? >> i think that today's first-time home buyer is participating but, diana, they're more of flint first time buyer that's buying a more expensive home. you think about the past six years of the downturn was really in a rest period for people. they were afraid to buy. now that first-time home buyer is a 30 plus-year-old that might be married with a child looking to get into a good school district. so they're buying more expensive homes. we talked to builders like lennar about the affordable market and many builders will tell you there's so much pent up demand in this move up or more affluent segment of the market that they can sell less houses and get much better returns. so i think as the markets see stronger demand in the affordable segment we'll see t

she rented a home to him. and she said once he came to her home asking to use her phone.she refused to let him inside, he grew angry. >> he was banging on her back door, and now she's terrified. her dog's going crazy, this guy is now in her back yard banging on they are back door, so then she calls the police. >> police identified the man as 25-year-old kosoul chanthakoummane, his parents were from laos, but he was born in the u.s. a background check indicated he drove a white mustang, worked as a delivery truck driver, and had a history of violence. >> from age 15 forward, he was in jail. he assaulted a classmate, severe enough to be sent to juvenile detention. when he was 15, he was out on that offense for several months, and then stole a car. >> after that, he robbed and kidnapped two elderly women in north carolina. he was released on parole just six months before sarah walker's murder. >> he was paroled to texas because his sister lived here. and his sister was willing to help him try to get his life back on course. >> when he was interrogated by police, kosoul denie

on the night of the murder, michelle came home around midnight. >> well, look who's home. >> and prosecutorse was an argument. >> i live here. why wouldn't i come home? >> i've been calling your cell phone. you're not answering. >> my cell phone battery died. >> michelle packed a suitcase. whether it was to it leave temporarily or permanently is unclear. >> get back here. i'm not done. >> i'm leaving. i can't stay in this house any more. >> in the garage, the forensic evidence suggests the fight turned violent. jonathan grabbed a baseball bat and struck her repeatedly in the head. to cover up the crime, jonathan pushed the driver's seat of michelle's car all the way back, put her body inside, grabbed a pair of her shoes and the suitcase, then drove one mile to the nearby creek. he maneuvered the vehicle down the slight embankment and staged the accident. the foot impressions leading away from the car tied jonathan nyce to the scene. prosecutors think he walked the one mile back to their home. later, jonathan cleaned the blood from the garage, the tiny amounts of blood spatter remained. he al

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liz: new home sales jumped but existing home sales dropped last week. the worst finally over or just starting? how about asking the titans who make the stuff that goes inside new homes? ethan allen the upscale furniture store whose stock price has shot up 150% in just the last five years. the ceo with us live in a fox business exclusive. the tumble from the top, the bitcoin exchange telling fox business leave us alone as investors and now federal prosecutors scrambled to unravel this virtual mystery of the missing millions. is this the death knell for bitcoin or just growing pains for digital money that is beginning to gain traction? could smart watches be the next bling? motorola coming out swinging saying existing wearable devices are so ugly and new wrist where will be a galaxy away from samsung's newton d. too. "countdown to the closing bell" starts now. ♪ liz: good afternoon. i am liz claman. thank you for joining us for "countdown to the closing bell". the stocks are really straddling, the flat line, if you take a look you can see at any given mom

>> it should definitely be part of the home. you don't have to own a home.mportant thing is you have savings, not whether it is in the form of a home or something else. it could be a stock market investment, or bond market investment. there are lots of things to invest in. and it may be more convenient for your lifestyle to rent rather than own. >> many people bought those homes as the central part of their economic creation. should people be thinking of homeownership as part of their portfolio? should they be thinking about it has investment or shelter? >> well, as -- in terms of capital gains, homes have not generally appreciated in real terms over the last century. they are kind of stuck where they were in 1890. like the stock market keeps going up on average. up and down but generally up. i think [ technical difficulties ] >> and you have a down payment and have good credit, and given interest rates are going up, should you buy a house right now? >> i think the person that you described, should probably buy a house. if you really are going to stay in one

even sow home builders believe home sale conditions are poor rather than good which is what we've been seeing for the last several months. nearly every recent economic report has indicated some slowdown, which some but not say is extreme weather. 62,000 americans said they didn't make it to work because of the weather. december was worse. but beth an, the chief u.s. economist at standard & poor's believe the risk facing the economy has decreased over the last couple of months, and she joins us now. thank you for being with us. >> great to be here. >> first of all this weather thing is just not clear. there are some indicators that weather has caused some problems, and yet we saw construction jobs growing. we see housing starts didn't grow. is weather hurting this with economy or not? >> when you look at the window there is snow everywhere, it's across the u.s. we have the coldest winter in 35 years. and when that happens people don't go to work. people can't go to school. trying to dig a hole to build a foundation is going to be difficult. i think it's a big factor in what's happening

>>> the laural village mobile home park in delaware was home to 32-year-old kaye robinson. a single mother living with her 11-year-old son. >> laural is a farming town and a regular working class person lives there. >> one night around 2:00 in the morning, kaye was awakened by someone banging on her front door. >> who is there? >> she went to the door, looked out the window and saw this stranger out there. they said they wanted to use the telephone, their name was jack wilson and they needed a ride, could they use the telephone. >> kaye refused to let wilson inside. >> you can't come inside. i think you should leave. you need to go. >> kaye robinson called 911 and the delaware state police did respond, but didn't see anything out of the ordinary, so they cleared the scene without any further investigation. >> thinking everything was all right, kaye went back to bed. a half hour later, she was awakened again by a noise in her kitchen. that's when she saw the same man she had seen on her porch in her kitchen holding a butcher knife. he chased kaye through the house, grabbed h

i'm home. i left work about 1:30 and just got home at 5:30.attery went down on me. so i was out of contact for a minute. i still have my spouse on the road and i'm in contact with her. she's probably about eight miles away, in the amount of time that equates to, i'm not sure. so i'm still concerned about her and making sure she gets home safely tonight. >> and we are showing our viewers, mike, some of the pictures that you shared with us. so what was it like in those five hours -- normally it would take you how long to make that drive? >> 35 minutes. >> so it took you five hours. what was it like? >> just i was very nervous at first because it took about an hour to get what normally takes five minutes. so i didn't even know i was going to be able to make it to the interstate. folks going off the side of the road and prevented people from moving forward along with the stoplights, but we made it to the interstate and the traffic was actually a little lighter. so we were able to get it moving to 20, 25 miles per hour and make some headway there.

homes in foreclosure fell 18% last month from a year earlier.ealty track says january marked the 40th straight month in decline. and a dozen states posted an increase in foreclosures. there is no doubt that the worst of america's foreclosure crisis is now in the past, but the bursting of the real estate bubble has caused many families to delay owning their own home. the changes in the real estate landscape are having the biggest effect on young people. >> reporter: from the outside, christy bell's suburban atlanta home looks like any of the dozens on her block, but the reality is this single mother is renting her four-bedroom home. >> i have been renting because i have to. just trying to recover from financial hardship. >> reporter: seven year's ago christie's now x-husband lost her job. she reps her home for about 1595 a month, but she feels the economic squeeze every month. >> i get paid twice a month and the first one the majority goes to rent. and i am barely getting buy. >> bell stays she is renting to stabilize financially, and hopes to on

athletes are giving them a home.y of men's slope style skiing is adopting a mom and her puppies. he fell in love with the whole family. the dogs are still in sochi, russia but will be joining him shortly in colorado. gus is back in the united states. he joins us tonight. >> these puppies are unbelievably cute. how did this happen? >> i had a friend that was out in russia doing some media stuff during the olympics. he knows that i'm just dog crazy. he texted me a photo of the dogs. and i basically just ran over and had to check them out and instantly fell in love with them. >> did you have dogs growing up? >> when ways really young we weren't allowed to in the house because my mom. >> dude you're still really young. >> when i was really really young we couldn't have dogs in my mom's house because she lives in a restricted area. you just can't have dogs. and then after my parents got divorced, my 11th birthday my dad got me a puppy from the shelter. he was like my best friend growing up. he passed away like year and a

home invasion in concord.he bandits got away with. >> the court day has arrived for the two suspected in killing a nap the toddler. >> if the future of a lot for trans gender students have been decided. we will have details at 5:00 a.m.. >> we're live in san jose where a fire occurred. i will have details coming up. >> a rare polio like diseases affecting california children included a little girl from berkeley. >> rain is headed and it may affect your plans fweekend. wile details coming up. >> good tuesday morning. we will now get right to the weather center. we have headlines with two storms that are coming. >> today, is the transition day and we will remain dry. as for temperatures right now, they're heading up to the 40's and 50's. 46 degrees for hayward. we are dry for now we have low clouds along the coast. rain is to the north and more wet weather is coming. i will have before detail what to expect coming up. >> good morning. we are looking at a fairly easy ride and we are not tracking any hot spots but

i think he's lost the confidence of the home department of justice in just his country. ahh looks to be real about the good in that situation. the missus situation is complete enough to be on the road to many controversies of the smoke the message from alan shatter as being nothing to see here move home. thus most decidedly this did not know the teachings to be said to have some interesting conversations with mr shudder with the justice minister returns from greece. david double ot news spencer us. to mourn this were joined by replacing the car responds and nineteen fitzgerald might seem it the political pressure on both the minister for justice and the government has been read and unrelenting collected today. i don't think anyone can do that a second independent inquiry the village to the states despite the comments of children in kindergarten here today and as he still did it he said describing this as great. government sources are saying tonight that this is being considered the current series. i suppose it would have to be considering want is contained to one of the

the people in the 8 to 10 homes who were evacuated here should be able to return home soon. the standoff having ended in the past 30 minutes. it was a wanted felon taken into custody. he surrendered peacefully around 5:30 this morning. this started around 6:30 last night, police here in san jose received an anonymous 911 call telling them that this man wanted on an outstanding felony arrest warrant was in the home. when police arrived he refused to come out. they had to call in merge which is san jose's version of s.w.a.t. team. they surrounded the home, they spoke with the man throughout the night. other people in the home came out unharmed so it became a situation where this man was in the home by himself. at one point during communication with police he was telling police he was, quote, stuck. police weren't sure what that meant until they made entry into the home a couple hours ago. when they made entry in the home they did discover that he was in fact in the crawl space. >> they did find him in the crawl space. whether he was stuck or not we don't know. but they convinc

most of their wealth is their home. latinos it is just a tick higher, neither over 50%, so. >> to finance two -- other things some folks don't have it. this number of black and brown people under water. >> right inside you have people that are using false terms getting people to sign on the dotted line, they didn't know what they were signing for, about a third of african americans and maybe 40% latinos could have gotten regular loans but they got sub prime loans because who was giving the loans to them? all of this has to do with the differences in wealth. >> well, chris christopher we have most of 2014, still stretches out ahead of us. do. >> at least it is friending in the right direction. >> well, they are trending in the right direction, however, the unfortunate thing is the weather. if it's the drought in california, or the colder weather, in the northeast, but sort of in snow storms that you get into the south, it sort of has put a damper on things right now what a lot of economists is trying to do is trying to -

we owe more to come home. ten county and between gm into a nightmare china's pension system is undergoing re forms. even if lee who paid about seven thousand dollars in total pension contributions or benefits would come to only about eighty dollars a month from eight sixty. that's equal to what she earns in just three days as a housekeeper. liu has no choice but to earn a no for her retirement old twenty one million people live in beijing. an estimated eight million them are from rule errands. a survey by a chinese newspaper. from that one third of migrants don't want to return home during the holiday. one factor is the financial burden of paying for transportation presents for relatives and cash gifts for young family members. but there are also other respects this is the couple's mention club in central beijing. men and women can drop by anytime after six thirty pm customers are all single and from malaria. members pay three hundred thirty dollars two year and provide information about their salaries own tow

a neighbor's home was damaged. the cause is under investigation. >> google branching out in san francisco. according to the financial times, google has leased a location on alabama street near 16th street in the mission. while google would not comment the financial times believes the space was leased to house engineers who don't want to make the commute to the company's headquarters in mountain view. >> to the sochi games, russia getting ready for the closing ceremony. russia's president prime minister promises there will not be a repeat of the glitch when one of the snowflakes didn't open. they were supposed to expand to form the olympic rings, but the sixth one didn't want to do it. the closing ceremony is on sunday night. >> i saw guys selling t-shirts that have that. >> it's historic now. >> let's join christina loren. >> the morning is still young, scott and laura. good morning to you. 5:15. temperatures are pretty chilly. we're at 44 in the south bay, east bay at 44 as well. so you want to bring that jacket w

he got home a few minutes later. >> and i heard her call my name. i can't remember if i rolled her over. i think i said, "what happened?" she said she'd been shot. >> allen saw the bullet wound, carried her to his car and rushed her to the hospital. >> where is she bleeding from, sir? >> she's been shot. >> who shot her? >> i do not have a clue. when i got there, there was a bullet wound in her right lower abdomen. >> does she know who shot her? >> she gave me the name of somebody barry. he was waiting for her in the house. >> by the time they got to the hospital, there was little doctors could do. >> and then when they finally brought they gurney out and got her in the hospital, they started yelling "code blue. code blue." i know that stuff don't sound right. >> judy died on the operating room table before her twin sister could get there. >> if i had been able to see her in the hospital, i would have asked her, judy, were you afraid? did you even think of us? because i would have been there for you. i would have so been there for you. i would have

he entered his parents' home a little after 2:00 a.m. and deactivated the security system with a code known only to family members. prosecutors say christopher used an ax to attack his parents. [ screaming ] he struck his father 16 times and his mother 3 times and left them both for dead. christopher smashed the security system panel, thinking this would destroy the evidence that he used the master code, but that information was stored elsewhere. he cut the phone lines into the house at 4:59, then drove back to the campus in full view of the cameras at 8:30 a.m. perhaps the most unsettling aspect of the case was that peter porco regained consciousness and walked through the house after the attack, even going outside for the morning paper before he died in the foyer. there still remain unanswered questions. >> i think one of the main questions that we just don't have the answer to are where are the bloody clothes? >> and why did joan porco implicate christopher on the morning of the attack but had no recollection of it following surgery?

lurking outside the home he shared with his mother. instead of confronting the man, he drove to a pay phone and called police. >> when police arrived, they discovered a window had been broken on the back door of his mother's farmhouse. inside, they found the man's mother, 70-year-old dorothy donovan, dead in her bedroom. >> it was a very bloody and brutal crime scene. blood everywhere. blood splatters throughout the bedroom. >> she had been stabbed repeatedly in the chest and face. >> this is what i would consider to be overkill. and this can suggest that this is a person that has a close relationship with the person and knows that person and is very intimate, could possibly be intimate with that person. >> with the way the body was arranged, it looked like the victim had been sexually assaulted, but medical examiner found no evidence of it. >> so this made investigators think that maybe the way the body was found that maybe the scene had been staged. >> there were no valuables missing from the house, and dorothy's purse was untouched.

she said, baby, you'll come home.2, he returns to the broward county courthouse in ft. lauderdale for his third trial. >> i wanted to believe, but i didn't believe it could ever happen to where i would be found not guilty and walk out them doors. >> i definitely felt an immediate disconnect in this retrial. i had a bad feeling from day one. i was concerned about what picture was going to be painted of this individual i know as a murderer, not a suspect. i just kept saying, i have to be prepared for whatever the outcome is. no matter how bad it is. >> after 18 years, the case has become unwieldy. become unwielding, during jury selection, attorneys screened 2,200 candidates before agreeing on a panel. >> his defense team believes this jury watching the security tape in the youtube era will respond differently from the group that convicted him. >> the tale of the tape is it was terrible quality. it was really, if you fast forward now, it is one of the advantages we had of having it 18 years later. we're able to show the

one thought around the home ward bound program is to maybe station an outreach worker, home ward bound folks. and to folk who are here to start a new life, engage them. if you fall on hard times, this is where you can get a home ward bound. this is where rather than sort of coming to a strange city, maybe they were dumped from reno or dumped from somewhere else and don't know what to do. i think it's worth considering and talking to them about sort of what opportunities they have. are you going to move in with a friend, can i help you get there, and sort of begin that immediate engagement. like i said, i think it might be worth a shot. all right. so, what did we accomplish? >> can i ask you one question? this is a theoretical. you jumped one idea, part of it. the overall topic, but there is kind of the conceptual notion of if we provide more services in san francisco or do a better job, if you will, and i think obviously we have a lot, we could do more than san francisco becomes a quote-unquote magnet for more people to come here as a city and becomes kind of -- i've heard this before,

unveiled these home i recall of this whole be homing phenomenon also pointed to the fact that. there is pretty much no oversight first of all neither reuters people nor the u.s. state department are social scientists we have social scientists many of them in this country systematically studying with social science methodology adoption those are the people to look to if you're actually interested in what the likelihood of success in adoption is the state department is not in charge of doing social science studies and i don't think you'd trust it if it did waiters it's obviously not an objective social science organization i'm not talking about qualitative approach i'm talking about numbers just keeping track of the numbers of children coming in and how many of those children stay with adoptive families two years or five years down the line and how many of them. are later given out for. institutional how many of them were institutionalized later or how many of them simply aged out of the system and i think this is a much more complicated phenomenon that was highlighted not only i