sandra: tracey chan, thank you. joining us on the phone from singapore on what is next for china is jim rogers chairman of rogers holding. thank you for joining us up early this morning in new york. >> i am delighted to be here. it's the end of the day. sandra: perfect. shed some light on what is taught today. some call it panic selling. how would you describe it? >> six the panic selling when you're down 6% in the day with several days in the last three or four weeks. for what it's worth i thought a few sales today. sandra: are you still bullish on china? >> yes. paragraph and the setbacks in china along the way. america had many setbacks as he rose to power and china well to. sandra: if you want to call it a step back, you've got 40% of the country market capitalization as part of docs being halted. the chinese government trying to stem losses. it doesn't appear to be working. why did they continue measures if it is not having an impact? >> i would not take any measures. it's making a mistake if you ask me. they a

so, what i would like to be able to propose-i didn't hear anyone supporting tracey besides myself and i also am pretty much torn between luis [inaudible] and eddy zang both of whom i believe will be great people with very similar backgrounds to serve on the oac. and um diversity was important to me and thought with the seats up by the board of supervisors, there was a lack of someone preserving from the latino community with bilingual spanish and from the asian community who spoke cant neez or mandarin and that is still lacking and that is the seat that is lacking. the mayors office is past the deadline sfr making their appointments for this body. it is unfochinate. we thought we could look at the overall diversity of the mayor's appointments were to compare to and make a decision on and that isn't the case. even though it is pass thd legal deadline the mayors office is waiting to see who we appoint before they decide. i expect candidates who are not necessarily appointed today whos names are in the mayors office have a chance to be appointed by the mayor as well so whatever we don't

christopher [inaudible] james tracey. bruce [inaudible] fur nando mar tee. anthony-my aology if i mispronounce or cannot read your hand writing. [inaudible] theresa [inaudible] daniel nujella. brian bear. chelsy boiler. >> thank you supervisor avalos and supervisor kim and supervisor tang, i'm chris bowman. i'm [inaudible] the city attorney basically defined what measure is going on the ballot which is the measure supervisor kim and her colleagues introduced on the 16th, because the item that was on the agenda is not the samitem. in fact it leaves out 3 sections on findings and purpose of the measure, so i'll speak to the measure that will be acuring on the ballot unamended and would ask that the priority on housing be changed so that we solve what the mayors office said that 19 percent of housing needs of people between 80 and 120 percent for medium income are addressed versing roughly 80 percent for those below 80 percent. i think it is important we put that as a first priority and for mixed housing and work for a average work force housing, low income wor

good morning, tracey. reporter: good morning. but it dramatically around. 50% of the companies still hold from trading among the shares that are accessed about 90% shot up by 10% daily gaining limits. hong kong th a solid recovery as well. the hang seng report 7% buy fresh measures from beijing to stabilize the market and improving situation with great debt negotiations like amphetamine. japanese shares released earlier losses about six tenths of 1% as long-term players started scooping up talks and in south korea the cost be rebounded as well ended up about the tenths of 1% with the help care company. sandra: thank you a wall street anxious to get back to business after a business after technical problems forced new york stock exchange to help trading for four hours yesterday. nicole is in the middle to breaking news in the big question is can we expect to clean up in today? >> so far so good. it was a heavy close and that went really smoothly. the nyse hopes it goes smoothly. bloomberg said the outage was caused by a software u

tracey is a reporter for chinese state television. good morning, tracey.orter: asian markets mostly higher today. over here in china, the nikkei composite finished the bank hired by half a percent. they actually widened their investigations into illegal short selling. blue-chip stocks and change their direction as well. the hang seng ended four tenths of 1%. local shares still underwater to the proposed bailout plan in tokyo, seven tenths of 1% to reach a three-way tie. that is after federal chair janet yellen had a rate hike. seven tenths of 1% on china. back to you. cheryl: thank you, tracey chan. a particular look at europe after the greek approval have been. look at the numbers right now as you can see decide to come the cac and dax fell trading to the upside. we are pointing to wall street this morning. the dow and s&p and nasdaq to a higher open. for this discounting its new aluminum body at 150 pickup by $10,000. this move is aiming at boosting demand and portis is a market share because it is having trouble building enough of them. four dozen expec

tracey will we hear about more specifics as far as plans to fight isis today? >> we're going to hear from the dchbls secretary, the joint chief chair as they testify here on capitol hill. they just briefed president obama about the fight on isis. one of the things he came out and said was we have to go after isis online. as far the ground war in iraq and syria, president obama side we cannot do it alone. >> this will not be quick. it's a long term campaign. isil is nimble. in many places it's a ruk including urban areas. it's dug in among innocent civilian populations. it will take time to rule them out. doing so must be the job of local forces on the ground will training and air support from our coalition. >> secretary of defense ashton carter faces some tough critics here on the hill today. republicans who think there's been more rhetoric than reality is not matching reality when it comes to isis. the president did acknowledge there's been set backs and it's going to take a while. >> tracey thank you. it looks like christmas in july in calgory, canada. a hail

dagen: tracey chang in china for us.'s get a literature thursday forecast of meteorologist maria molina. reporter: good morning, dagen. yesterday's reports around the kansas city area also tracking concerned threat the day today. early this morning we help one cluster of stars about nebraska and another 37 part of missouri producing flash flooding. a number of warnings have been issued in one to three inches of rainfall have fallen in a short amount of time. this afternoon and tonight the thread for more severe storms from tennessee to parts of the oklahoma and texas panhandle. in addition to large-scale damaging winds and marginal risk or said bear stearns as we head into tomorrow. the forecast for more rain across similar areas. four inches in parts of virginia, tennessee and further west in oklahoma. dagen: maria molina, meet at fox. coming up, time for the cherry slurp your coca-cola sleepy but she don't want to get off your sofa. 711, here is your pain. a wild week on wall street as the latest twist and turn in the

we can cross to tracey chang who joins us in the capital. beijing will become the first city to host both the summer games -- they did that in 2008 -- and the winter games for 2022. what sort of reactions are we seeing? tracey: people are ecstatic congratulating beijing for the great achievement. there are also major concerns -- number one being that with the olympic winter games, beijing has no no. beijing plans to divide the games into three parts and the other two are in cities surrounding beijing. one city has 8.3 inches of snow during the winter. the other has only 1.9 inches. that is not nearly enough. that is one of the biggest concerns of the ioc. they said if beijing wins the bid, they will have to completely rely on fake snow. they other concern is the air quality. take a look behind me. the visibility is really low behind me in beijing, and today is not even a bad day. they perhaps will have to shut down some factories from the surrounding area to make it work. number three is the traffic conditions. anyone who has been to beijing

tracey is a reporter for chinese state television. reporter: good morning, sandra.kets are mostly mixed today. like i said, volatility might be the new normal for chinese markets. nikkei composite surprised everybody by skyrocketing during the last hour of trade with 3.4% of telecom stocks all rallied by financial shares actually tumbled. hong kong markets rebounded about half a percent. investors still very conscious ahead of the fomc meeting. japanese shares lost one tenths of 1% despite a positively due to two very lackluster report cards and a very weak retail sales data with investors confident, but index still outperform the blogger market. sandra: tracey chang, thank you. let's get you caught up in global markets this morning. take a look at europe with a lot of great areas there. game played by the ftse amount in half half of a percent. we've also got green areas. the demand earlier gains. dow futures up 49 points. a higher open is expected in the minnesota dentists. he deeply regrets killing a protected line and while he was on his hunting trip in zimbabwe.

a closer look at a chevron markets at business reporter tracey chang.racey is a reporter for chinese state television. good morning. reporter: good morning, cheryl. greece's resounding austerity measures were seen here with the exception of made in china markets. the chi composited after the government announced a stabilized support with the index remained volatile throughout the day and ended higher by 2.4%. in hong kong market tanked on greece worries of course the hang seng ended down more than 3%. moving to tokyo, japanese shares down. the nikkei down about 2%. we saw the yen moved lower and a further downside. and south korea the cost be so that the index down about 2.4%. back to you, cheryl. cheryl: thank you very much. tracey chang live in beijing. a look at your monday forecast with maria molina. reporter: good morning, cheryl. we are tracking federal areas of weather across the nation today and what areas has been the great lakes. a storm system out there moving eastward ahead as warm temperatures and they are firing up since arms in the potent

. >> today in the bay tracey pots has been following the story and tracey, are officials any closer to verifying if the wingspan piece is from the missing jet? >> we could know in the next 24 hours or so. that big piece we saw 6 x 9, they think it's a wing flap. they confirmed it's a wing flap from a boeing 777 but still has to be confirmed it's from this boeing airplane, the mh370 flight. they're taking that and another piece of debris, a suitcase found and sending it overnight to a defense lab in france. it was a french island where the debris was found. they'll take a look at it and verify whether it's from the ma lags airlines flight and take a closer look at the things like the barnicals on the wing flap to get a better sense of where it came from in the indian ocean. i mentioned the suitcase. it was found but experts don't think it's necessarily from this flight. it doesn't look at all like it's been in the water for 16 months like the other piece of wreckage we found, the other piece of debris that's been found. that's where we are now. both pieces are suppose to be leaving reun

tracey. >> bruce will representing san francisco community land trust and [inaudible] we are in support of this and james tracey didn't mention but what pegged the work he did earlier called, right to a roof speaks to this particular legislation and it is blt time. i urge you tawork it through and make it happen and list toon all the suggestions that we have. thank you >> thank you mr. [inaudible] >> good morning supervisor, daniel [inaudible] representing the non praurnt housing association of northern california. i thank you for taking up this very important issue today and recognizing that affordable housing is indeed a very important issue we are facing in the city. sites of residential development are more competitive and available homes for those who earn a lower wage are sh inking. this pressure resource can be use frd public benefit and helpathize city meet the affordable housing needs. further more as supervisor kim brought up, the revision to had ordinance will bring it to match the recently passed california assembly bill 2135 as a non profit we worked very closely with the s

beach haven water supports, this is my guy tracey.m trying to hold on, talk to you at the same time. parasailing, that's what you control over here, bay half never. >> yes, sir, yes, sir, been doing it here for 25 years now. >> okay, so we can't do it today because too choppy? >> little gusty out here right now, so we don't like to put anybody up in the air when it is blowing like 15, 25, and back and forth like that. >> how many, half hour, how much would that cost? >> each ride about 12 to 14 minutes. >> now, the real work as you can see i'm holding onto moving boat. i'm on, what's this, wave runner? >> that's a wave runner, yes it is. >> now we will troy to switch tracey, you steer the ship. jill jill, how are you? >> great, how are you quincey? >> you control the wave runners. >> yes, sir. >> i'm having so much fun. >> awesome. >> now, we've been here since about 9:00 and i've been riding actually, couple of people say oh, wow you guys are out there on the water. if i come to you guys, how much is it for a half hour? >> it is 75 f

okay, next up i think tracey brown is not going be here today. let rr go on to luis [inaudible] >> good morning supervisors. good morning supervisor kate tang and john avalos. what i bring to had table is awareness of [inaudible] today in most of the communities many youth and children families are it was a difficult challenge to back3 4 f1 to the community my fathers was modered. i was thankful to receive the [inaudible] in the past i helped me become the man who i am today, completing the masters degree at the university of san francisco. my undergrad is child psychology understanding the impact of program youth and violence. i think it is a important topic to be addressed is that voice or those victims of crime is not somehow not being brought to the committee. it is something that needs a lot of awareness and education. i also want to talk about the residency waver that i see on the agenda. i didn't leave san francisco by choice. i'm ainate native san franciscan and born and raised in san francisco, unfochinately i can't live in san francisco

thank you very much, tracey. well, the hunter is now the hunted.adite the ten tis that killed cecil the lion. the beloved animal was illegally posted in zimbabwe this month. investigators cannot get a hold of them. yesterday the u.s. fish and wildlife service tweeted out this request for palmer to contact the agency immediately. >> at 6:33 we get a get of your microclimate forecast. you can see the golden gate bridge which is a good sign and plenty of cloud cover to start. >> i don't think you'll see that tonight. maybe in some spots you'll see the blue moon tonight. of course, the moon won't be blue. just relax and try to look up and see what you can see. right now, temperatures are in the low to mid-60s and you feel this stickiness as you head out the door. today highs will be in the mid-70s. 77 degrees in the peninsula and the south bay. 86 degrees and temperatures climbing to the 80s and you have the relative humidity coming up in the 60-70% range. very comfortable today. muggy weekend all across the bay and a slight chance of a pop up storm an

okay, next up i think tracey brown is not going be here today. let rr go on to luis [inaudible] >> good morning supervisors. good morning supervisor kate tang and john avalos. what i bring to had table is awareness of [inaudible] today in most of the communities many youth and children families are it was a difficult challenge to back3 4 f1 to the community my fathers was modered. i was thankful to receive the [inaudible] in the past i helped me become the man who i am today, completing the masters degree at the university of san francisco. my undergrad is child psychology understanding the impact of program youth and violence. i think it is a important topic to be addressed is that voice or those victims of crime is not somehow not being brought to the committee. it is something that needs a lot of awareness and education. i also want to talk about the residency waver that i see on the agenda. i didn't leave san francisco by choice. i'm ainate native san franciscan and born and raised in san francisco, unfochinately i can't live in san francisco

sandra: tracey chang, thank you.eserve chair janet yellen set to give a speech in the u.s. in cleveland on the economic out look and what that means for timing of the first interest rate hike as global financial events intensify and greek debt crisis and chinese market crash. international monetary fund continues to pressure the fed to delay raising interest rates, looking more likely the fed funds futures say that first rate hike won't be coming until at least december of this year. >>> the securities & exchange commission is looking for some answers from the new york stock exchange after trading on the big board was halted for nearly four hours on wednesday due to a technical glitch. nicole is following that story for us. >> this was huge. right now the nyse confirms that the glitch was caused by a problem in a software update. that update was installed on tuesday evening and the biggs glitch happened on wednesday. the sec wants a full report on the outage from the big board and the parent company ice. fox business

okay, next up i think tracey brown is not going be here today. let rr go on to luis [inaudible] >> good morning supervisors. good morning supervisor kate tang and john avalos. what i bring to had table is awareness of [inaudible] today in most of the communities many youth and children families are it was a challenge to back3 4 f1 to the community my fathers was modered. i was thankful to receive the [inaudible] in the past i helped me become the man who i am today, completing the masters degree at the university of san francisco. my undergrad is child psychology understanding the impact of program youth and violence. i think it is a important topic to be addressed is that voice or those victims of crime is not somehow not being brought to the committee. it is something that needs a lot of awareness and education. i also want to talk about the residency waver that i see on the agenda. i didn't leave san francisco by choice. i'm ainate native san franciscan and born and raised in san francisco, unfochinately i can't live in san francisco. we see t

followed her for miles along greenville and tesla road all the way to tracey. because she was unnerved, she never went home and drove off on to a private driveway and then the s.u.v. drove by. the next day she gave employees a heads-up of what happened. >> another employee came forward and said they saw a similar -- they saw what they believe was the same vehicle described traveling on the road. it was going northbound. >> investigators hope that anyone who spots the suspicious s.u.v. around the lab or around town will give police a call. and if they ever think a phony cop is trying to pull them over, call 911 immediately. in livermore sergio quintana, abc7 news. >> happening now, if you driving in san francisco this weekend, keep in mind the approach to the bay bridge is closed until monday morning. here's a live look at the golden gate bridge. some people didn't get the word about the closer and they certainly paid for it. katie marzullo has more. >> the closer at doyle avenue came as a surprise to some. >> i don't know what doyle is, all i know is how to get

>> tracey mcleod. >> and this is why you called 911?pposed to do, jump many over the thing and beat them up and get my money snack. >> , no you could have called the regular police line instead of the life threatening emergency line. >> oh, well they transferred me wait a minute, they transferred me to you. >> ill transfer someone to you. >> oh, they sent someone to her, all right. mcleod landed in jail charged with misuse of 911. we still don't know what was wrong with the food. but does it matter? >> did she get her money back? because i want my money grabbing she will need that money for bail. >> i want my money back. all right several computer glitches bring threes companies to screams halt. what technology expert say how to protect your on line. >> plus, prank on donut shot. what grand did that got police involved in the first place. (female announcer) you could win $1,000 a day for life... (husband) hon! it's grover cleveland! (female announcer) ...when you play the new cash4life, from the pennsylvania lottery. (husband) let me ge

followed her for miles along testler road all the way to tracey. because she was nervous she never went home and drove into her driveway and the s.u.v. drove by. the next day she gave employees a heads-up of what happened. >> another employee came forward and said they saw a similar -- they saw what they believe was the same vehicle described traveling on the road. >> investigators hope that anyone who spots the suspicious s.u.v. around the lab or around town will give police a call. and if they ever think a phoney cop is trying to pull them over call 911 immediately. abc7 news. >> happening now if you driving in san francisco this weekend, keep in mind the approach to the bay bridge is closed until monday morning. here's a live look at the bring. some people didn't get the word and they bayed for it. katie has more. >> this came as a surprise to some. >> i don't know what doyle is all i know is how to get up to santa rosa and that's going across the golden gate bridge. >> in his defense, he lives in folks. and irene has a home in continue broken b

. >> indulge commissioners my name is tracey tilly chang my family and i have gone through hell in the past two years we were sued by your tenants on renting the illegal units we had to spend $30000 on the lawyers fee our tenant were rent scams that tried to imitate and scare my family and damage my property in order to make us pay them ransom on lawsuit settlement and the increased fee lukely we paralyzed but had to demolish the legal unit and never rent those spaces out again from the adu law was in place and we were able to get a legal unit in the ground floor space before we rent it out the rent scammer wouldn't have come to sue us and we can still provide affordable and nice unit for many renters to come so i support the adu law thank you. >> can you speak into the microphone thank you. >> thank you i support adu law thank you. >> my name is alex i support the adu law this is the most important revision and modification of the proposal passes and not in 1978 in 1978 san francisco passed something quote and regulate each district for rh1 and rh2 and rh3 and 3 zoneat a time and incr

tracey potts, nbc news washington. >>> happening today for the first time in 54 years, the u.s. and cuba have embassies open in each other's capital. it's the next step in normalizing relations. ♪ ♪ >> there were plenty of cheers as cuba's foreign minister presided over the raising of the cuban flag this morning for the first time since 1961. it will fly over a mansion that serves over embassy's mansion. and the u.s. embassy in cuba opened this morning as the u.s. and cuba quietly ushered in a new era of post-cold war relations. outside the embassy in havana a lone cuban flag is raised until a visit by the secretary of state john kerry to cuba next month. a few feet from the building cubans lined up to request visas to travel to the united states. >>> an historic moment this morning, the state department in washington workers there added the cuban flag to the array of international banners. and improving relations between the u.s. and cuba could mean extradition talks involving fugitives like joanne. a jury convicted her of murdering a new jersey state trooper during a traffic s

here to sort this out, good luck to you tracey pots. things are heath up. >> they are. this morning it's reported the national union of the local that invited trump cancelled their event. trump trump's campaign tells that he will be there today. he's supposed to meet with the union, hold a news conference at the border and speak to officers. trump's comment about immigrants coming in is now having other candidates barking back. perry calls trump out. >> it must be clearly diagnosed excised and discarded. >> lindsey graham released this video after trump released his personal phone number. >> it exposed further narrative that he's a car wreck. >> meantime, the number two democrat bernie sanders is rallying for president obama and congress to raise the minimum wage. >> and while we're talking democrats and talking issues in this campaign we've been following hillary clinton's schedule also. she'd scheduled to do economy speech and off to iowa this weekend. >> we'll be watching. thank you. >>> ash carter has arrived in baghdad for an unannounced meeting. the director of fb

. >> tracey potts is live in washington. what do we know?> we know they've been looking at it since 2004 this entire class of drugs not only aleve and advil but motrin. celebrex is a prescription version of this painkiller. pretty much everything in that category except for aspirin. what regulators have found, even in people that do not have additional risk are, they increase the risk of heart disease and stroke. little on too. as little as one week after you take it in some cases. that tends to vary. bottom line, they're increasing this black box warning they had on the drugs before. they want people to know you can't overdose on them. be careful mixing drugs sdrugs. >> thank you. >>> we have a look at how close we came to a terror attack on the fourth of july weekend. arrests likely prevented the attacks around the holiday. here's justice correspondent pete williams. >> the fbi was making arrests. some rounded up the fbi says were talking about killing people during the holiday. the fbi director said some were carried out to plan add tacks

. >> reporter: geary's current onscreen love interest is tracey quartermain played by jane elliott. >is looking to his next chapter, moving to amsterdam full time life without luke perhaps his greatest challenge yet. >> act 3, curtain up, and i'm there center stage. >> reporter: for "nightline," i'm aditi roy in los angeles. >> it was an emotional end. but he said that he wasn't emotional because he was giving up the show. it's because he was giving up luke and he's ready to go on to the next thing. >> he >>> good morning. i'm reena ninan. >> hello to you all. i'm t.j. holmes. and here are some of the top headlines we are following this morning on "world news now." the penalty phase of the trial of convicted colorado movie theater shooter james holmes is under way. it could take months for jurors to to decide whether holmes should be sentenced to death or life in prison. the details straight ahead. >>> the pennsylvania prison where pope francis is scheduled to visit in september is on lockdown this morning. that's after an inmate stabbed a corrections officer more than ten times. the

. >> we want to bring in tracey pots live in washington today. what can law enforcement do without specific threat sos far? >> betty, one thing they're doing is stepping up security surveillance on people they had already been watching. keep in mind this is a warning feds give every year. things are a little different this year because we have two important events happening at the same time. >> nbc got a behind the scenes look at security preparations in new york. >> we're on guard 24 hours a day, seven days a week. >> especially this year. fourth of july coincides with ra ma dan. for six months they've been recruiting westerners under age 21. >> if you cannot fight, give money. >> ten suspects have been arrested here in the past two weeks. supporters are sending out 60,000 tweets a day. >> there are self-radicalized self-organized people on social media. are we concerned? of course we are. >> homeland security and fbi are warning police to be extra vigilant around crowd this is weekend like saturday's fireworks in the nation's capital. >> it wil

tracey pots is live. could we see more of the donald if he loses the primary? >>> we could. he's saying the leadership isn't being too good to him and he might run as independent if he doesn't get the nomination. meantime he's out campaigning. the issue today is immigration. donald trump, at the u.s.-mexico border, not calling immigrants rapist or murderers. >> we have tremendous danger on the border. >> the union that invited trump vowed out. protestors showed up. >> how can he disenfranchise over 50% of the population. >> the donald trump act cleared the house prohikting federal funds to sanctuary cities that protect immigrant suspects from deportation. >> they are providing a sanctuary for their own law biding citizens. >> hillary clinton tells supporters we need more. >> we are not going to deport 11 or 12 million people. we are not going to do it. the best answer for that is comprehensive immigration reform. >> fixing our broken immigration system and turning it into an economic driver rather than a drain. >> fixing immigration to save jobs. when it comes to jobs in the

tracey, this is a big deal. not everyone is celebrating. >> no. not everyone thinks this will be good for the united states. jeb bush tweeted it will legitimize repression and does not promote freedom and democracy. president obama is expected to announce we're going to open the embassy and cuba bah will open one here. so far we have an u.s. interest section. this is the next step in normalizing connections. cuba was first taken off the states to sponsor terror. there's roadblocks here's. we have a trade embargo that only congress can lift. congress could throw roadblocks trying to hold offer on funds, cut off the money or delaying the ambassador. >> thank you for that report. >>> also this to tell you about. greece has become the first to default on the imf loan. greece missed the payment hours after the request of the prime minister for a third bailout was rejected by other eurozone nations. president obama addressed the crisis. >> it is an issue primarily of concern to europe. this is not something that we believe will have a major shock to the

tracey chang, thank you. the author of the coming collapse of china. joining us live via skype from hong kong. thank you for joining us. is this the beginning of a youth in predicting the last several years? >> it could very well be. the beginning was last july and september when you have the market really start to pump up and i was really because the central government talks at the market. they got behind the soft market rally. the reason they did that is because no other attack tix were working to stimulate the economy. monetary stimulus has failed. since november with it for reductions in market rates and through reductions in the reserve requirement ratio all with very little effect. fiscal stimulus they can't build any more cities said they were really between a rock and a hard place and decided the only thing they could do which is really reckless as to pump up the market and create a wealth effect and pay off a lot of bad. maria: what is your real thesis behind the coming collapse of china? is this a policy situation or fundamental economic stor

. >> reporter: geary's current on screen love interest is tracey quartermain played by jane elliott. reporter: geary is looking to his next chapter, moving to amsterdam full time life without luke perhaps his greatest challenge yet. >> act 3, curtain up and i'm there, center stage. >> reporter: for "nightline," i'm aditi roy in los angeles. >> it was an emotional end. he said that he wasn't emotional because he was giving up the show. it's because he was giving >>> making news in america this morning, terror warning. al qaeda no longer the biggest threat to america. the fbi director talking about his growing concern. we're live with the latest. >>> breaking overnight, more encinia evacuations burning thousands of acres. firefighters work to get the flames under control. >>> a wild scene unfolding on a plane midflight. passengers forced to restrain and tie up the man. >>> and fearless. a woman jumped into a pond after a gator grabs her dog. >> jumped in grabbed the tail pulled him back. >> the fight ending with the alligator on the losing end.

christopher [inaudible] james tracey. bruce [inaudible] fur nando mar tee. anthony-my aology if i mispronounce or cannot read your

tracey chang. good evening to you. reporter: good morning. asian markets mostly lower today. the nikkei composite snapped a winning streak down 1.2%. ranking shares despite positive finding data. hong kong stocks also from china. the hang seng down four tenths of 1%. investors nervous about the situation in greece and tsipras try to pass austerity in the agreement through his parliament moving to tokyo, japanese shares the only ones landing in green. the nikkei up 1.5% thanks to a solid japanese corporate earnings data and in south korea, the kospi headache choppy training day attending about one 10th of 1%. the electronics underperformed the broader market. maria: thank you so much. tracey chang. "the wall street journal" reported "wall street journal" reporting "the wall street journal" reporting that you cited $23 billion, $21 a share. 19% premium over yesterday's price is 1761. if successful, visited the largest chinese takeover of the u.s. company. lots going on whether it's volatility in the

tracey potts has more. >> this is likely to last a while as the president trying to sell this idea of this being a good deal between the united states and iran, but there are skeptics here on capitol hill. today the message is really aimed at them. later today, president obama begins explaining this deal to the public, and selling it to lawmakers. secretary of state john kerry insists ten years of restrictions on iran's nuclear program is better than nothing. >> what's the alternative? go to war now? >> reporter: iran is urging congress to back the deal. >> this is high time for people in the united states to start looking at iran without those painted glasses. >> reporter: but that may not be easy to capitol hill. >> it looks very much like they made a worse deal than even we had feared. >> if in fact it's as bad a deal as i think it is, we'll do everything we can to stop it. >> reporter: but can they? president obama says he will veto any attempt to kill this deal. republicans don't appear to have enough democrats on board to hem them override it. >> i think it will be hard in any e

tracey potts, nbc news washington. >>> san francisco's mexican consulate -- organizers invited him toide of mexico maybe he's not familiar with. while trump was a no show at opening day yesterday, hundreds of people did turn out to enjoy, food music and activities. the mex i am festival runs through this sunday. >>> the race -- incumbent mike honda at his 2014 challenger are already right back in the thick of battle for the 2016 election. larry gersten says there are several reasons why this race is already gaining attention. first you have the unusual situation of a democrat against a democrat and secondly the enormous war chest of money that he has already raised. >> this is extraordinary. rocana has raised well over a million, more than any incumbent in this state, normally it would be enough in itself but here we are 16 months out. moreover, if you look at the amount of money available in their kitties, city he has an advantage of 3 to 1. that's a powerful statistic. >> the race is seen as honda and organized labor, and kana and the tech sector. in 2014 honda beat kana by a very s

closer look at asian markets with our own business reporter tracey chang live in beijing.a reporter for chinese state television. good morning, tracy. >> good morning, nicole. like you said it is the worst performing month in six years. markets mostly higher but the shanghai composite dropped 1.1% despite beijing efforts launching investigation into automated trading. 24 accounts have been suspended and halted and selling or buying for three months. that is pretty severe punishment. showed determination to keep the markets sliding further. in hong kong markets ended higher, led half a percent by gaming shares. encouraged by the positive u.s. gdp numbers. in tokyo japanese shares had toppy trading day but gained .3 of 1% they are cautious for u.s. jobs number coming out next week. kospi reversed earlier weakness to gain about half a%, encouraged by positive u.s. growth numbers. back to you, nicole. nicole: tracy, thank you so much. point out a lot of car companies like peugeot, audi ford, slashed growth for china and industrials, like caterpillar and siemens spoke out about

. >> reporter: marlene and tera wilson drove in from tracey to let the kids cool off. >> let them run off some energy and enjoy the day. >> reporter: these hot temperatures during the drought come at a time when water demands are typically very high in the bay area. >> this is the time of year people use the most water, so their bills are going to be the highest. >> reporter: an 8% rate increase and temporary 25% drought surcharge starts today. >> our average customer using about 250 gallons a day in their home will probably see their bill increase from $48 a month to $60 a month when you combine the regular rate increase with the temporary drought surcharge. >> reporter: they say the less water used, the less a bill would be impacted. some customers believe they've already made the cuts that they can. >> i don't like it at all. you should do as much as you can to conserve but, i mean, to be jabbed that much of a surcharge is a lot. >> reporter: now excessive use penalties will be taking effect for customers using more than four times the average amount. those penalties will be assess

nbc 10's tracey potts reports, scott walker will try to shift the focus from another candidate who isgetting so much attention. >> scott walker showed the path to victory. >> reporter: brand new this morning wisconsin governor scott walker's first campaign ad. >> he balanced budgets, cut taxes, created jobs and showed how to fight and win. >> america needs new, fresh leadership. >> reporter: today walker becomes republican number 15 trying to grab the spotlight from donald trump and immigration. >> they're taking everything and they're killing us at the border. >> early this morning a provocative tweet about the mexican drug lord el chapo who escaped from prison. trump said the u.s. will invite him to become a citizen. >> he's hijacking the debate and a wrecking ball. >> i don't know whether he's helping or hurting, but he's a candidate. >> some candidates are defending trump wanting to build a wall. >> it's not extreme. it's common sense. we need to secure the border. >> trump may need to be controversial and he's tied for jeb bush for first place among ep republicans with almost 16%

love lost and found is the cover story reported by tracey smith. >> i don't want this to be too painful, but do you remember the conversation where you said i want to end this? >> yes because she cried and cryed and cried some more. >> 30 years after breaking her heart. donna hart's ex-boyfriend came back. and the old spark was still there. >> it's like a sleeping cat. it can be awakened at any moment. i was interested. >> making a future with someone from your past ahead this sunday morning. >> charles: song writer john lenl end has love for his wife for the record as rita braver will be showing us. ♪all me ♪love >> you dedicate a love song to the woman you love. does your wife cut you slack? >> whatever credit i built wup that song is long exhausted. >> later john legend on his love song and oscar winning -- >> charles: if diamonds are a girl's best friend, plenty of women would like to be best friends with the jewelers. jane pauley will tell us. >> when it comes to adorening the world's most glamorous women who does it better than cartier. beautiful women look beautiful in beautiful