i'm jane king. back to all right. u, jane. >> well, san jose city officials have narrowed down their candidates to fill the vacant seat on the city council. so look at your screen. this is the list of candidates that are being suggested to fill district 3, which was left open by former councilmember omar torres. you remember he resigned and was arrested back in november for alleged child abuse. so on the list, we've got bob stadler, jamaal williams, danielle marie christian, carl, eugene solace and baltasar lopez. all 5 are set to be interviewed on january. 28 one will be appointed to represent the downtown area until voters can pick a permanent replacement during that special election, which is scheduled for april. >> to cite despite pressure from the trump administration officials in some bay area cities. they are say they're committed to protecting immigrants, including those with an illegal status. alameda county officials held a meeting in oakland yesterday and announced a new effort to uphold protections for thos

i'm jane king. back to thank you, jane. >> well, new this morning, meta is announcing that they are ending their fact checking program with independent 3rd parties. the company said it has decided to end that program because expert fact checkers had their own biases and too much content was being fact checked. they will now instead use a community notes program similar to the model on the platform acts ceo mark zuckerberg acknowledged that the changes are in part sparked by donald trump's presidential election victory. well, mcdonald's is rolling back their diversity goals company is citing a u.s. supreme court ruling that outlawed affirmative action in college admissions. wal-mart john deere harley davidson and others are also rolling back their diversity goals over the same ruling. mcdonald's did say that they will continue to support efforts for a diverse group of workers, but that the diversity team will now be referred to as there global inclusion team. oakland leaders have appointed councilmem

jane king is live new york stock exchange with those stories and more. hi, jane. >> darya good morning. so after a post-pandemic surge in 2021, 2022. >> natural diamond prices are down 8% and the lab created diamonds are down. 75%. this quarter diamond industry analysts. spoke to the wall street journal the time in prices are declining because the cost of making them keeps going down. and then there's weak demand for declining natural diamond prices. and that's leaving the diamond buyers to buy bigger stones. americans are tipping less than they have in years. wall street journal says frustration with rising menu prices to prom seemingly everywhere have led to a six-year low. the average tip is now 19.3% chick-fil-a choosing limon squeezing robots and they've cut 10,000 labor hours a day. the machines work at the warehouse is an ace in the lemon juice to the restaurants where the staff at sugar and water and makes their very popular lemonade. the company's been increasing investment in technology and automation. and about 45% of 30 billion of sales are no

jane king is live at the new york stock exchange with those stories and more. hi, jane. >> hi, good morning to so the stock market faces its first real test of the year this week that we get the monthly jobs report on friday. we'll get a bunch of smaller job reports leading up to that. but we expected to show a stable economy, not overheating or anything. this is something investors look at very closely in the federal reserve looks at very closely as well when they make decisions about interest rates. well, companies that make alcoholic beverages traded sharply lower after the surgeon general called for those products to carry warnings about cancer risks. shares of anheuser-busch in parent company of budweiser corona down more than 2% which produces hard liquor brands like johnnie walker and smirnoff down more than 4% and prices for breakfast foods have shot up recently and they're unlikely to cool down any time soon. recently, coffee cocoa prices have hit all-time highs, even orange juice has been hovering near record highs as well as court has been dealing wit

jane king is live at the new york stock exchange with those stories and more. hi jane high darya.rning. so report from adp shows. >> more than a million jobs in the u.s. pay more than $500,000 a researchers found there are pockets of the country with these big earners, especially when it comes to tech jobs. silicon valley had the most jobs that pay more than $500,000. austin, texas was second course tesla's there del as well. denver, san diego and new york city also had higher than average numbers of high-paying jobs was a raging wildfires consume southern part of the state in climate-related. natural disasters hit other parts of the country. a new report from the treasury department confirms a dramatic increase in homeowners insurance. treasury secretary janet yellen says this is an alarming trend in the rising cost of insurance, threatens long-term prosperity of families, for example, in the southeast. so a court a little easier where hurricanes are common. claim frequency was 20% higher than the national average. mortgage rates are back above 7%. it's the first time the mortgag

jane king is live at the new york stock exchange with those stories. a j. >> john. good morning to so yes, jobless claims hit 8 month low this week. so now part of it was it was the end of december. lot of people may be busy maybe didn't file for those unemployment benefits, but still it is a sign of the consistently healthy labor market relatively few layoffs. what companies are turning to new ways to dismiss a poison. the hybrid work era. the wall street journal reports some employers no longer feel obligated to deliver bad news. face-to-face zoom calls, emails, even text messages to dismiss employees are becoming more common. well, delta and united are the only 2 u.s. airlines that were in the top 10 global airlines for being on time. the international air traffic association delta at 83% of its flights on time. that was the third-best globally. united was 81% coming in 10th air travel demand continues to be very strong, especially international trips and tour operators, travel agency. cruise lines reported growing demand from solo female travelers, especially ol

i'm jane king. back to you. >> jane, thank you very much. thank you. 7.18 on the clock and a popular designer brand now leaving downtown san francisco. it's not goodbye assits. and that's right. talk about michael corbett is it is yeah, they posted this sign that reads closing soon at their store. inside separate discuss center mall there. joan joining growing list of stores that have left that former westfield mall michael kors. san francisco is directing its customers to their valley fair location in santa clara. not sure if they'll reopen somewhere else in san francisco, but we'll let you know if we find out. well as the city of san bruno continues, its search for a new police chief, retired san mateo police chief susan manheimer has been appointed to serve in the interim her 39 year career spans leadership at several bay area police departments including oakland and san leandro while serving in san detail, manheimer was driving force behind several county. why programs like the gang task force and the human trafficking task force. we'll

jane king is live at the new york stock exchange with those stories and has his story. a goodemorning. so the chinese owned social media site wants to delay a law. >> that would see it removed from app stores on january. 19th. the u.s. claims of poses a national security risks. now there's no word on when a decision will come down. but the justices have agreed to rule quickly earlier this week, meta ceo mark zuckerberg announced it is ending the third-party fact-checking system. techcrunch reports there's an explosive rising google searches on how to cancel and delete facebook, instagram and threads. according to the bog users think the updated policies will lead to more misinformation on social media. and bird flu is hurting local restaurant owners, especially where grocery stores in the bay area are opposing purchase limits on eggs. the usda says some places are charging as much as $9 a dozen in some restaurants that serve on you're struggling to survive. the san francisco gate reports the bakeries are especially struggling as they can only raise prices so much since

i'm jane king back to thank you, jane. >> 7.18 is the time now. president trump has wasted no time now to kick off his second term. yeah. he signed a flurry of executive orders yesterday and pardons right after taking the oath of office. our dc correspondent maddie beer-temple has more. >> on his first day in office, president trump signed more than 200 executive actions and orders. one of them keeps tiktok online temporarily. and another pardons, january 6th, rioters. >> with the stroke of the pen, this event, president donald trump pardoned about 1500 people charged in the attack on the capitol for years ago. we hope they come out tonight. he also ordered the attorney general not to enforce a ban on tiktok. the chinese own video sharing app for 75 days because he's got tremendous value. the executive actions were just some of those signed at the white house monday night. others he signed in front of a crowd at capital one arena to stop new regulations, direct federal workers back to the office and declare an emergency at the southern border as c

i'm jane king. back to you fast. okay. thank you, >> thank you. 7.20 right now.ews are making good progress now on the 2 biggest and deadliest and most destructive fires in southern california. the palisades fire. it's 77 percent contained. now it's burned more than 23,000 acres and thousands of homes and the eaton fire is 95% contained. it has scorched more than 14,000 acres and also so many homes and taken so many lives and there and there's a new fire. the newest one, which is the hughes fire just broke out couple days ago. it's north of santa clarita. it's 56% contained has burned 10,000 acres and it started around 10, 30 wednesday morning. thankfully, no homes have been damaged, but more than 30,000 people have been evacuated. happening today, president trump is going to see for himself the state of california and the wildfires you set to tour the areas that have been devastated by the fires in la county. and this comes the visit after he repeatedly criticized california is handling of the fires and he falsely claimed that our state's fish and wildlife effor

i'm jane king.ack to you in all right, dave, thank you for those updates. >> time now 7.20, and the federal authorities are investigating a deadly new year's day attack in new orleans. a driver drove into a crowd of people killing 15 and hurting dozens. president joe biden called it an act of terror. washington correspondent vinay simlot has the latest on the investigation. president joe biden says investigators found an isis flag and an explosive device. >> inside the attackers struck if confirmed, this could be the deadliest isis inspired attack on u.s. soil in the fbi says it's investigating a terror attack on the iconic bourbon street in new orleans. people gathered to ring in the new year when police say a 42 year-old trump sued didn't jabar. an army veteran drove a white pickup truck into a crowd. >> killing 15 and wounding dozens more. they say he got out and fired at officers. i stand or video shows the aftermath. the killer was an american citizen. born in texas. he posted videos on social

i'm jane king. back to you.ucky >> police in palo alto are investigating a robbery and assault. that happened on a hiking trail in the bay. lynn's nature preserve man was riding his bike on monday morning on the adobe creek loop trail when another man tackled him, stole his pants, his wallet, his bike and took off. all we know about the u.s. hackers. he's in his early 20's and is wearing a black sweatshirt. white shorts. if you saw anything as that authorities could use, they'd like to hear from you. the alameda county narcotics task force has arrested 4 people in a major drug bust that happened in east oakland and you can see what they seized. 28 kilograms of fentanyl and $155,000 in cash. it was all part of a drug trafficking operation. they busted 3 men and one woman were arrested. >> 7.19, the time happening this morning at 10, 30, the family of a woman killed at the powell street. bart station will announce a major lawsuit against bart. the victim identified as 74 year-old kerr is own don don of san mateo c

i'm jane king. back to you. >> all right, jane, thank you very much. >> time now, 7.18. and if you want to hang out at starbucks, you're going to have to buy something. you the coffee chain announcing they're going to reverse their open door policy at their stores and kron four's will tran on the story for us live in walnut creek. well. >> so pretty much affective moving forward. if you want to go to the bathroom in starbucks, no problem. >> but you have to pay that open door policy. allow the bathrooms. you don't need a code. you can go in without buying a cup of coffee and that's been in place pretty much since 2018 with a controversy. they came out a philadelphia involving 2 african-american men. there are waiting for a business partner. they did not order anything while they were waiting and then it got so out of hand were police officers were called to the scene since that time, they had an open door policy where you can stay at starbucks, not be harassed. you can go to the bathroom and not be harassed but they are changing that saying you can be there. you have to

jane king live, the new york stock exchange with more. hi, jane. >> hi to all right. good morning.ation came in as expected. that was a relief to the markets. the dow is up 700, something points on this. and we did see some inflation end somethings, housing in particular. those games are starting to slow down a little bit. used cars also went up in insurance and some food items, particularly eggs last month. well, the fda proposed requiring new nutrition labels on the front of food and beverage products. the move is aimed at changing eating habits associated with soaring rates of obesity and other related illnesses. the proposals to signs of people can easily read the contents of the food item. capital one is under scrutiny by the feds. the consumer financial protection bureau is suing the bank for allegedly misleading consumers about its offerings for high interest savings account. the bureau alleges the capital one a legally avoided paying billions in interest to millions of consumers. they're looking at imposing some penalties and providing financial relief to those that were im

we've got jane king live at the new york stock exchange to walk us through it all. good morning, jane, high james, good morning. so, yes, the federal reserve nearly certain to keep interest rates unchanged its meeting, gets under way today. it's a two-day meeting. inflation has been stubborn. so it's a tricky for the fed to cut in rates may make things more expensive. in fact, the market expects the first rate cut. >> to happen no earlier than june will to new day at starbucks. as of yesterday, the coffee chain aiming to bring back the experience. they'll be encouraging customers to linger if they're paying. this is according to the new ceo, brian niccol now to reverse the fall in the company's sales last year. they're also making restrooms and free water cups available only to paying customers and google maps will change the name of gulf of mexico to gulf of america. once it is officially updated in the u.s. geographic names system. reuters reports thn change will be visible in the u.s. but the name will remain gulf of mexico in mexico and outside of the 2 countries