adobe is ending its fight with apple. ktvu's maureen naylor is live in downtown san jose with the problem that led them to issue layoff notices. >> reporter: adobe today, their stocks fell 2 points or 7% to $28 a share. some say the seed sprouted from am. >> reporter: this mother estimates she uses her iphone 5 times more than her computer. >> it's always with me. i use it several times per day. >> reporter: with more turning to cell phones, adobe systems was hampered after steve jobs refused to support their flash software. >> apple is the biggest problem. >> most amusers know flash technology for what it doesn't do. >> we have a big white empty box where it is supposed to be. >> they had been banking on android but it is abandoning its technology on all mobile devices. >> it didn't keep up. there were problems with battery life. >> reporter: flash is still used on desktops. >> adobe is still the leader when it comes to providing creative tools. >> reporter: 200 of the employees worked in san jose or san francisco. the c

last month, adobe introduced a clouds service making it easier for smart phones and tablets used adobe creative tools. >>jaqueline: warmer and san rafael than what we saw today. we will also see thirties for the inland valleys. forties' in antioch ed in the south bay. 39 in redwood city. temperatures will rebound nicely into the afternoon. upper 60s in the south bay. upper 60s on the bay shore is and along the coastline, even warmer. 67 in livermore. low-mid-60's in the north bay. 64 instead francisco. we do have some changes coming to the forecast. trouble is brewing off shore. this system offshore will be in acting as thursday and friday. more coming up in just a bit. >>grant: we are tracking a fire at the name of desk-at the home of george lucas. there are homes, movie theaters and a restaurant. it is a three alarm fire. officials would not say what was damaged or if there are injuries, we do have a crew on the way to sky walker ranch. we are about 10 mi. west of 101. there is it's real alarm fire. this is at the estate of george lucas, the film director. more of dates when we get t

now trains other crafts people to restore old adobes.t's an ancient building technique handed down through generations. >> i always tell the guys that we've worked our whole life to get to this point. we take all the experiences and apply them to here. >> reporter: since it was founded by the spanish in 1776, the old officers club has been subject to multiple eras of style. the army gave it a victorian look in 1885. then came a spanish colonial makeover. >> the last couple of weeks we've been able to take off some of the more modern finishes and uncover the victorian era finishes and underneath that the adobe finishes from 1810. >> reporter: now for the first time since 1885, the old walls are once again seeing light, at least for now. most will be restored and recovered. some will remain on display as a glimpse into a past. joe rosato jr., nbc bay area news. >> the old officers club is so neat to look at. >>> well, still ahead at 6:00, the numbers are in. we're getting a look at how much the occupy oakland protests are costing oakland.

san jose-based software maker adobe systems >>> another round of layoffs is coming to another siliconalley company. san jose-based software maker adobe systems announced yesterday that it's cutting 750 jobs or 7% of its workforce. it's not clear how many of those cuts will be at the company's downtown headquarters. adobe says the cuts are the result in the shift of focus to products that help people create digital content. after the news, adobe shares fell almost 9% in after-hours trading. >>> thousands of toyota and honda owners who paid extra for extended service contracts are know the getting what they asked for. as julie watts on the consumerwatch explains, their problems begin when the contract ends. >> reporter: paul chang hopes for the best but plans for the worst. so when the milpitas man bought this honda in 2004, he chose to pay an additional $1,800 for an optional seven-year service contract. >> for seven years i can have peace of mind in case something goes wrong. >> reporter: after all it came with a reimbursement guarantee that stated if chang didn't file any repair clai

use adobe's creative tools. >>> in clayton tonight, the mt.inst turning the high school into a charter school. that meeting was packed. standing room only crowd was there. one of the main concerns was that if clayton had turned into a charter school it would have taken money away from the entire district. the charter school proposal was struck down by a vote of 3-2. we will be right back. >>> and now decision 2012. republican presidential contender herman cain is denying the latest sexual harassment allegations against him during a news conference today in scottsdale, arizona, the g.o.p. front runner said that the accusations just are not true. >> with respect to the most recent accusations, i have never acted inappropriately with anyone period. >> four women have accused the presidential candidate of sexual misconduct. cain says that he would take a lie detector test to prove his innocence. >>> meantime, new tonight at 11 p.m., a closer look at all of the g.o.p. candidates that hope to beat president obama. by this time next year the votes sh

adobe has not said when it will star the layoffs. meanwhile, the company wants to focus on digital media and marketing software. last month they introduce a cloud service that will make it easier for smart phones and tablets to use it created tools. the mount diablo school will begin converting clayton valley high school into a charter school. as you can see the meeting was relatively pacts, it was standing-room-only with a lot of people in attendance. one of the main concerns was that if the high school turned into a charter school would take money away from the entire district. the charter school proposal was struck down by a vote of three-point to --by a vote of 3 to 2. >>justine: students rallied in support of joe paterno at his home. but his support among the school board trustees is drying up. that is according to one source. the issue is how much he knew about the sexual abuse by his former friend and assistant coach gary sandusky. now his son scott is speaking out. >> as that is hold, we have no knowledge of anything else and

you may recall steve jobs had that big fight with adobe. he didn't like flash. he said it used up too much battery power and memory. now apparently adobe has finally figured it out and they're giving up on it, too. >> scott mcgrew, thank you very much. >>> how low will the temperatures go? meteorologist christina loren is here. >> i like that. >> you like it? >> they will take another tumble, guys, but not as low as last night. clouds are actually insulating us, keeping it nice and warm, trapping in our daytime heat we are able to accumulate this time of year. right now it's warming up nicely in places like sunnyvale, 60 in san jose. area of low pressure is taking a hike on the jet stream just to the north. few high clouds will filter in throughout the day today. coastal eddy is just to our south. things start to change as we head through tomorrow. enjoy the sunshine today. not as sunny for us tomorrow. temperatures will be just about as warm. 68 in red why wood city, 70 in los gatos. not so much difference between your highs what we're expecting at the coast ve

i'll remind you of that fight between apple's steve jobs and adobe.s refusing to put flash on apple products saying it was clunky and a battery drain. in the end, steve jobs won. we saw lay-offs from advanced micro devices as well. as many as 1500 workers will lose their jobs there mostly in texas. bay area not as hard hit. the company is headquartered in sunnyvale. one company still hiring those yelp. bloomberg and the "wall street journal" saying the company will probably start selling to the public as well at the start of next year. the next biggest ipo could be yelp. >>> thank you very much. it is 5:26. still to come on today in the bay, a nationwide test of the emergency alert system coming up later on this morning. we'll have all the details next. >>> and a christmas tradition is back. i'm bob redell. we're taking you to the grand opening of the holiday ice rink in union square. you'll enjoy the sights. we'll have this coming up in a live report. don't worry, tiny people. flo is a gentle giant. bundle home and auto at progressive.com. out of the

i grew up in an adobe home. >> reporter: he trains other crafts people to restore all adobes, an ancient building technique handed down through generations. >> i always told the guys that we've worked our whole life to get to this point and apply the experiences to here. >> reporter: since founded by the spanish in 1776, the old officer's club is subject to multiple eras of style, the army gave it a victorian look in 1885. then came a spanish colonial makeover. >> last couple of weeks we have been able to take off some of the more modern finishes and uncover the victorian era finishes and then underneath that the adobe finishes. >> reporter: first time since 1885, the old walls are once again seeing light and at least for now most will be restored and recovered. some will remain on display as a glimpse in to a past that allowed progress to take hold. nbc bay area news. >>> we have more ahead for you here. coming up, an update on the shooting deaths of a woman in morgan hill. >>> plus, andy rooney remembered. the veteran journalist known his his humorous tv essays died overnight. with her

. >>> adobe slashing 750 jobs.y-offs part of a restructuring plan to refocus on digital media and marketing despite the projection of record revenue this quarter. in the bay area 200 people will lose their jobs. there are reports the photo shop maker is planning a new strategy that will allow customers to rent its software monthly. >>> next week uc president mark yudof will propose a plan asking the state to contribute nearly three billion dollars to the university system. he says the amount is the minimal state funding needed to pro serve the system. yudof will present the proposal to the tkargts - cash board when it meets next wednesday. >>> officials say for the first time sty denies are paying more toward their educating than the state is contributing. when i went to uc tuition was like fourth or fifth highest in terms of the overall budget. now it is either one or two. a lot has changed in the formula there. >> when you have a kid in college, you know about in stuff and you cry weekly or monthly, whenever that

. >>> tech giant adobe systems will lay off roughly 8% of its work force. it will eliminate 750 full time positions primarily in the u.s. and throughout europe. in a statement released today, santa fe based adobe says it will re-structure its business around digital media and marketing. it's a bittersweet day for the software maker. the companials announced today it's expected to report record revenue in the fourth quarter, more than a billion dollars. >> it was a different kind of protest on college campus, no students, teachers fighting for change for pay increases and fighting against raising tuition. the teachers hit the picket lines about two hours. all 23 csu campuses are having informational picket lines, some today and others tomorrow. faculty leaders say administrators went back on their word to give them a pay raise. in response, they've authorized their union to call a strike. it will take place at two campuses on november 17th, do min gus hills in southern california and cal state east bay in hayward. >> when people ask should faculty be stoppin

last month introduced a clouds service making it easier to use adobe creative tools. >>james: the mt. diablo school board voted against turning clayton valley high school into a charter school. one of the concerns was that if the school turned into a trust will, that would mean less money. >>darya: we are back in a couple of minutes. let's take a live look outside. traffic is nice and white. there is a live sunshine. >>darya: this is police in riot gear, this is new video from october 25th. the new police chief has set the record straight in an exclusive interview. >> they followed my directions. >>haaziq: when it comes down to making the call for oakland police officers to use force, oakland police chief howard jordan says, make no mistake, the buck stops him. >>officer: yes, those were my decisions. i am responsible for those decisions. about 200 people were trying to enter into a building, there were reports of people with and other incendiary devices. i directed officers to clear the building and arrest people that are preventing us from doing our job, declaring u

you'll recall steve jobs had a huge fight with adobe over this. adobe giving up on the flash. that is part of what the lay-off -- the causes behind the lay-offs. back to you. >> thank you very much, scott. >>> 6:26 right now. still to come on today in the bay, should you be taxed for shopping online. congress will debate that very question today. >>> five suspects accused in the death of a bay area girl head to court today at the same time her community coming together. a live report is next. >>> we've got lots of sunshine for your solar panels today. things start to head south as we head towards late friday. possibly record rainfall. we'll tell you where in your complete bay area weather up date. >>> south bay commuters, you know you had a really tough one yesterday morning. we're on a similar pattern for this morning. i'll show e th clastupoming aod e latestthoming up. [ female announcer ] this is the story of eves. [ eves ] years ago, i hurt my shoulder drag racing. that's when i decided to take it easy, so i took up hang gliding. [ female announcer ] a grandpa who refuses

. >> and a journey of hope to seera >>> adobe admits defeat ask says it will stop using flash technology for developing games and video on mobile phones and tab blets. apple says flash wasn't good enough for the iphone and adobe has given up, cisco systems is showing signs of a turn around and posting a quarterly profit today. and the fragile european economy is dragging down general motors. saying there are weak earnings everywhere except north america and china cable industry says it will offer high speed cable access to low income families for households where children qualify for free meals. >> agriculture department today postponed a plan to oppose a fee on large christmas tree growers. some calling it a christmas tree tax but it's a marketing fee of 15 cents per tree. and this is requested by the indus city. the association to promote the yufs american trees over foreign grown or artificial ones but after criticism the obama administration has decided to revisit that idea. and others who pay self imposed fees include beef ranchers, egg farmers and mic producers and marketing fees p

t the >> adobe a lot easier right now. it is 66 degrees right now. last night they were working on eastbound. this will be gone. about live on the beltway? the conceal the twinkly lights. there's no delay. it is beautiful. >> 35 degrees. wasn't it 60 degrees earlier week? >> we're off to a chilly start. houle and upcoming triple be u.s. secretaryhe over 50 years. >> the economy and gas prices not keeping americans home. killingan accused of stepdaughter is expected to in court today. he is scheduled for a hearing.ry stabbed the 12-year-old to death in may. were getting divorced at time of her death. two men accused of killing a man are also expected to be in court. shot and s say they killed a 22-year-old on a bus d.c. theast they were arrested in florida and returned. >>> president obama is in indonesia this morning where he attend a summit of nations. dealso presided over a a plane to the indonesian company. ofs will support tens jobs in the united states. hillary clinton will travel in southeast asia. visit ine the first than 50 years. see what wi

specific locations have yet to be released. >> there is tough times at adobe but there is welcome news for people trying to find work. employers posted more jobs in september than any other time over three years. the labor department says there were 3.4 million job postings in september. and more openings don't necessarily translate to more workers hired, though. gun shy employers can choose to delay filing but additional postings are seen as a positive sign. >> a drop in wall street bopuss this year attributed to weak earnings. the consulting firm johnson associates says the bonis will decline from 20% to 30%. averaging managing director will take home about 900,000s ndz bonuses, down from $1.2 million. the drop after two years of record payouts, wall street workers and bonuses came despite the slow national recovery. >> just head in our 4:30 half hour, city leaders poised to make the oakland a's quite an offer. >> and there is a live report from abc 7 into city hall. >> and i'm vic lee. the supervisors will weigh pros and cons of rank-choice voting. the story coming up. >> and we're

adobe says it's not going to upgrade it's flash.had forbidden the use of flash on his drives, because he considered it an energy hog. adobe says it is going to lay off 200 employees now. but the company is vowing to create new software for mobile devices. >>> a nominee for time magazine's person of the year could break all the years. steve jobs has jobs has been nominated. if chosen, he would be the first person to win the award after his death. >>> in news of the world tonight, in turkey, an aftershock measuring 5.7 struck the eastern part of the country today, it comes after last month's 7.2 earthquake. dozens of people are trapped in buildings that collapsedk and rescuers struggled to find survivers. at least seven people are now confirmed dead. journalists trapped there sent text messages asking to be rescued. >>> human rights watch says the misconduct is happening at all levels of authority. >>> in the central asian republic of kazakhstan a russian rocket reached orbit, but a booster rocket failed. russian engineers have two we

. >>> adobe systems says it plans to cut 750 jobs.rt of a restructuring to focus on media and marketing. they fell 7% in after hours trading to $7.30. consumer report is publishing its new report for smart phones. on top of the list they put the droid. also on the list the new i phone 4s scores higher than the i phone four because of better reseupgs, an upgraded camera and siris voice command feature -- better reception, an upgraded camera and sirius voice command feature. >>> the tax would apply to commercial property, the board on the measure is being collected by a mail in ballot. all ballots must be received by the county by the end of the day next tuesday november 18. >>> a leak in the pipeline has created a smelly situation for homeowners. the leak started yesterday in concord in the old naval weapons station. the almost 200-mile long pipeline carries oil to the conoco phillip refinery in rodeo. folks who live near by say the smell of sulfur in the air is powerful. >> we came out here to the kitchen and patio and just very diffi

softwaremaker, adobe, will lay off 8% of its workforce. it will eliminated 750 full-time positions primarily here in the united states and throughout europe. in a statement released today, adobe says it will restructure its business to align around digital media and digital marketing. the company also announced it expects to report record revenue in the fourth quarter. more than $1 billion. >>> lots still ahead here. did you know that scrap yards are not allowed to buy stolen copper. but nbc bay area found out that's not always what happens. we investigate the black market for stolen copper. >>> also ahead, a local homeless center is asking for help. the broken appliance that could derail this year's turkey give away. >>> and the supreme court hearing that could impact your lunch break. >> a cool and crisp day here across the bay area. temperatures below average. san jose, 64. san francisco at 60. tonight, again, cold out there with low 40s in the south bay. >>> in a case that could affect thousands of workers, the state supreme court hear

adobe says it's not going to upgrade it's flash.n the use of flash on his drives, because he considered it an energy hog. adobe says it is going to lay off 200 employees now. but the company is vowing to create new software for mobile devices. >>> a nominee for time magazine's person of the year could break all the years. steve jobs has jobs has been nominated. if chosen, he would be the first person to win the award after his death. >>> in news of the world tonight, in turkey, an aftershock measuring 5.7 struck the eastern part of the country today, it comes after last month's 7.2 earthquake. dozens of people are trapped in buildings that collapsedk and rescuers struggled to find survivers. at least seven people are now confirmed dead. journalists trapped there sent text messages asking to be rescued. >>> human rights watch says the misconduct is happening at all levels of authority. >>> in the central asian republic of kazakhstan a russian rocket reached orbit, but a booster rocket failed. russian engineers have two weeks to try t

yo 15:04 --- a su llegada a los estados unidos claudia trabajo en otras empresas de tecnologia como adobecrosoft donde se vio identificada 8:52 finalmente microsoft se alinea mucho con mis valores personales 8:57 --- claudia nunca olvido sus raices y trajo a microsoft las fiestas del " cinco de mayo", y lo que comenzo con chips y salsa termino siendo una de las celebraciones mas grandes de la empresa 12:47 el dia 6 de mayo ya me están preguntando cuando es la siguiente fiesta de microsoft y eso no ayuda a celebrar nuestra herencia latina 12:57 --y para quienes quieran seguir sus pasos esta es su recomendaci n 15:41 "tomen y sigan su pasión que tomen las oportunidades y que se diviertan durante el proceso" 15:45 ---sin duda claudia galvan es una lider del valle del silicio , el lugar donde nace la tecnologia.. cu ---gracias gabriela, ahora pasamos con adrian cervantes y el deportivo... take pkg cu ---yltima pausa... per no cu ---ultima pausa... pero no nos vamos sin recibir a nancy con un avance de la farandula... take sot mas adelante..luis fonsi decide detener su gira ya les digo porque.

. >>> adobe systems says it plans to cut 750 jobs.ys the cuts are part of a restructuring to focus on media and marketing. they fell 7% in after hours trading to $7.30. consumer report is publishing its new report for smart phones. on top of the list they put the droid. also on the list the new i phone 4s scores higher than the i phone four because of better reseupgs, an upgraded camera and siris voice command feature -- better reception, an upgraded camera and sirius voice command feature. >>> the tax would apply to commercial property, the board on the measure is being collected by a mail in ballot. all ballots must be received by the county by the end of the day next tuesday november 18. >>> a leak in the pipeline has created a smelly situation for homeowners. the leak started yesterday in concord in the old naval weapons station. the almost 200-mile long pipeline carries oil to the conoco phillip refinery in rodeo. folks who live near by say the smell of sulfur in the air is powerful. >> we came out here to the kitchen and patio a

it's about the size of an adobe brick -- [laughter] a little smaller, and 23 you don't like it, you can use it as a doorstop. [laughter] i will tell you this, don't be intimidated by it. there's old jim himself, bloody buoy, because you can open it anywhere. what we do here, 365 days, by every date, every day of the year is something that happened on that date, but these entries, the main entries in the photos and illustrations just move cron chronologically in the century i chose, 1830-1930, so it begins with crockett, and it ends with pretty boy. through that 100 years. i think it would be good to give you a few spoonfuls from this book but i would be remiss if i didn't summon up to the podium my partner in life and literature, suzanne fitzgerald-wallis to talk about the two remarkable women to give you in this tone. ms. wallis? [applause] >> lola montes -- just after the california gold rush peaked, the exotic beauty, attracted by the abundance of newfound wealth captivated san fransisco dandies, shocked their prim ladies, and een dured towpts of miner,. her name was eliza gill bert,

. >>> adobe, jobs refused to allow it on the iphone.said perhaps adobe should focus on creating great html 5 tools for the future, not criticizing apple for leaving them behind. it is all greek to me. >>> a massive snowstorm is pounding the west coast of alaska. they say the strongest storm to hit the state in nearly 40 years. there are reports of wind gusts over 100 miles per hour. the stormán( twice the size of texas. feels a lot like a hurricane, with 70 miles per hour sustained winds. waves as big as 50 feet. i mean, that's amazing. no one has been hurt so far. >>> it has been 96 days since america lost its top credit rating. what are we doing to get it back? deficit super committee has two weeks to the day to figure out $1.2 trillion worth of deficit cuts. if they fail, department of defense will feel the biggest impact. one person who knows how important the defense budget is, welcome cohen. former secretary of defense from 1997 to 2001. he directed america's military actions sz in iraq and kosovo, comforted families of those los

adobe shares hit hard after that announcement. right now, they are down by 11%. it's an overall ugly day on wall street. european deb worries especially about italy. portugal and greece when their bonds hit 7% their yields hit 7% this year, shut them out of financial markets forced them into bailout mode. right now there's not enough money set up to bail out italy if that should happen. dow down by 264 points. nasdaq is falling by 64. and the s&p, frank, is down by 30. looks to be another rough day ahead. >> just another day on wall street really don't you think? >> reporter: can't break out of it yet. >> these 250 point swings. thank you, jason brooks with kcbs and cbsmoneywatch.com. have a great day. >>> we want to check back in with our cbs 5 political analyst joe tuman to talk more about elections, particularly the ranked choice voting here in san francisco. and i'm just starting out, we still don't have an exact result. how long do you think this is going to take before we know who is going to be our next mayor for sure? >> based on my experience in the oakl

. >>> adobe systems plans to cut jobs. the san jose company wants to refocus on digital media and remark ketting. most of the job losses will be in north america and europe. sunny toyota is recalling more than half a million cars and suvs for a steering problem. the recall affects vehicles from the 2004, 2005 and 2006 model years, they include camry's, highlanders, siennas. three models of the lexuss are on the list. toyota will mail notices to owners of the affected models. >>> the largest asteroid to pass between the moon and earth thrilled scientists around the world. an astronomer in oakland took this photo of the 1300-foot wide space rock as it zipped by. it appears it's only a little faint streak or a glow to people look through an average telescope. that's because it was 20 1,000 miles say away. >>> let's check in with sal with more earthly traffic concerns. >> good morning, everybody. let's go out and take a look at what we have here on the ground. traffic is moving along pretty nicely as you drive on northbound 10

adobe systems will lay off 8% of the workforce. the latest round will eliminate 750 full time positions primarily in the u.s. and throughout europe. in a statement they will restructure the business to better align resources around digital media and marketing. it's a bitter sweet day for the tech giant. they announce they expect record revenue in the fourth quarter, more than $1 billion. >> new video from oakland police show a different side to the occupy clashes. what they show and how the city said it's going after the lawbreake lawbreakers. >> a declaration from herman cain is why the presidential hopeful will be answering to sexual harassment allegations again. >> a san jose man doing the heavy lifting to help carry out a white house tradition. >> i'm jeff ranieri. a tool day with 64 in san jose and 60 in san francisco with the numbers dropping quickly. already 39 right now in napa. we will talkbo and ut and the next chance of rain in a few days. [ rapid footsteps ] ow! [ male announcer ] when life happens, you need a plan you

adobe and pg&e that are announcing lay offs. >> that's true. and the banks are going to have to do something. four banks monopolize. and every time there is a hicup there is lay offs. the rest of the country, i agree with christian, there, i don't think it is as bad as they think it is. we have systemic unemployment and that will not come back for a long time. i don't think it will be worse than last year in that sense. >> john, we love our trucks and shirts and shoes we'll keep on spending? >> we'll spend on certain thingings. americans have shown if something comes out they will buy it. a new nike sneakers and ipad, americans are going to buy it it is like vegas travel. you go to vegas and when you are worried about your job. you don't go tentious vens and parties, consumer sentiment is the lowest it has been since jimmy carter. it is christmas and they will buy something but not as much. johnathon. looking at the tradig of lay offs. a lot of times they do it before the end of the year because of budgets and all of that. and maybe this will b

san jose-based adobe systems is cutting 750 jobs, or seven percent of its workforce. >>> good morning50 jobs, about 7% of its workforce. it's still not clear how many of those cuts will be at the company's downtown headquarters. the software maker says that those cuts are because of a shift in their focus. they want new products to help create digital content. >>> the san jose city council has approved a plan to give the oakland as exclusive rights to buy some city-owned downtown property. now, the intent is to use that land for a new ballpark. but baseball big-wigs have still made no decision on whether to allow it. the san francisco giants are claiming territorial rights trying to prevent the as from moving to san jose. >>> on to some election news. incumbent ed lee is leading the race for mayor of san francisco. but it could be a while, maybe even a week, before anyone's declared a winner because of the new rank choice runoff system. they are still counting the ballots. >>> and we'll get an update on your traffic and weather on this wednesday morning. it's coming right up. ,,,,,,,,

software maker adobe systems will layoff 8% of its workforce. the latest round of lay-offs will eliminate 750 full-time positions primarily right here in the united states and throughout europe. in a statement add to be bee says it's restructuring the service to better align around digital media and marketing. the lay-off seemed so unexpec d unexpected, announcing it expects to report record revenue in the fourth quarter, more than a billion dollars. >>> the leading republican presidential candidates meet each other for a debate tonight. this one on cnbc. eight candidates will participate in the debate on economic issue at michigan's oakland university. herman cain still fighting off those allegations of sexual harassment that could come up during tonight's debate. >>> italy may be heading down the same financial path as greece now. that could hurt all the world's markets even more. for more on that and other news before the bell, let's turn it to brian shactman live at cnbc world headquarters. a lot of 401(k)s look to be impacted by these moves

in other news, adobe dropped a bomb today. they will no longer be developing the flashing video player for mobile devices. if you recall, steve jobs and apple stopped shipping products with/and announce it as fundamentally unstable and it drains the battery. it looks like steve was right, flash is not the future. steve jobs has been nominated as a person of the year for times magazine. it would be the first time the distinction would be awarded to a person after their deaths. i am giving away high end whole wide fire rotters. it is a gold band technology. to enter for your chance to win, log onto www.kron4.com fans look for my tech age. >>jaqueline: chilly conditions expected overnight. it is still pretty mild in mountain view. thirties and forties overnight. after tomorrow, the changes. this system has been stationary offshore but it is moving towards the bay area. today it will be chili with patchy fog. tomorrow afternoon, mild conditions. temperatures in the upper 60s and low 70's. big changes as the system pushes through e

software maker adobe systems dropped more than 7.5%. volume was five times normal after announcing a restructuring to focus on digital media. it means job cuts and a slowdown in its revenue growth. software firm oracle fell 6%. hewlett packard fell more than 5%. general motors shares were in reverse today, sliding almost 11%. volume more than doubled as the stock dropped to its lowest price in a month. g.m. returned as a publicly traded stock almost a year ago, selling shares at $33. tonight, they're closer to $22. the automaker saw third quarter earnings drop to $1.03 per share. that was still seven cents ahead of analysts estimates. the company had losses again in europe and south america, but noted china remained a bright spot in its overseas operations. green mountain coffee roasters may be roasted tomorrow. after dropping more than 4% during the regular session, the stock lost a third of its value after the close tonight. the company came up short in its latest quarterly earnings and revenues. if tonight's selling holds, it would p

adobe systems today pro dikted it would make $1 billion and there is a push into digital media and marketingle their jobs and hewlett-packard is reportedly now considering selling the operating sis timt runs on, maybe to oracle according to the routers news agency. california gas prices could rise to $4.50 a gallon by easter according to analysts. triple a said bay area gas prices are 56 cents higher than last year. >> and from ground transportation to flying, aviation history being made this week. two major airlines put bio fuel into tanks this is a major break through for bay area labs. >> solar time spent years fermenting algae and shown how kit power vehicles. now, there is a large scale market this, jetliner leaving houston's george bush intercontinental airport is a commercial jet to be operated by a blend of bio fuel and standard jet fuel uk see this is scaled up to see it in gratifying. >> there is a 40% power fuel mix. south san francisco based solar has a contract to supply the fuels, that is less than 1% of the fuel consumption yupgs. it's ramping up for larnl scale production. >>

and adobe loses the fight over flash.hese story in 10 minutes. >> a sure sign the holidays are approaching. ice skaters tried out the rink this morning. it will be open every day. tickets are between $6 and $10. and you can rent skates for $5. >>> well, let's talk about the weather. bill, rain is on the way but maybe changing? >> changing its track a little bit. friday looks as show it is not going to be a lot. that's good news. tomorrow it's off shore. tomorrow is a nice day. few clouds, increased temperatures tomorrow. lots of 60s. tomorrow is a nice day. here is the system i am tracking. it dropped south. its main energy is towards monterey. that doesn't happen a lot that we are on the north end. it happens. the main rain and wind, south of the area. what we will see on friday is scattered showers, on and off throughout the day, doesn't appear heavy. inland, concord, livermore, you may not see anything. san jose will see more. how the model plays it, thursday 5:00, showers off shore. there we are 9:00 a.m. on friday. r

adobe is cutting 700 jobs.ow turning its focus to programs for digital publishing as well as web advertising. it is adapting its products for bloudcloud computing. it joins a list of companies cutting jobs including hewlett- packard. i'm linda bell. back to you. >>> 5:54 now. 41 degrees. >>> you are watching "good >>> nancy grace low scores finally did her in on "dancing with the stars". she hung in there. >> she did. last night she was eliminated. that means j.r. martinez, hope solo rob kardashian, and rikki lake will move on to the semifinals. test all of the dancing monday night at 8:00 p.m. on abc 7 -- kept all the dan >>> herman cain tackles sexual harassment allegations head-on. we have a live report. plus turning the page at penn state? new rumors of joe paterno's resignation amid the growing sex abuse scandal. >> i have been thinking about coming back, but i will get to the next chapter in my life. >> back to work after a brush with death. "good morning washington" continues. >>> liv

you have chipotle and adobe together. bacon. >> you've got to have beans. >> all that? >> yeah, baby. >> get out of town. >> we'll turn it up. let it cook 2 1/2 hours. >> that meat is cooked all the way through already. >> it brown, but the's going to finish cooking. >> then it looks like this. >> it thickens up. >> see how nice and thick that is? see that? >> look at it. >> that's what you want. >> here is what we are talking about. tailgating, you can have this the night before when you set your tailgating party up, we've got our bowls and toppings bar. >> i love it. >> i'm going to have a little avocado on mine. thank you. >> thank you, my baby. >> are you going to pass me one? >> what would you like? >> all right, y'all. >> just give me some. >> tomorrow, guys, kris jenner is coming. >> plus bill cosby is coming, too. >> have a great day, everybody. god bless. -- captions by vitac -- www.vitac.com >> jay: mr. president, thank thank you so much for having [ laughter and applause ] and "the tonight show" band. [ cheers and app

it's an adobe home with three courtyards and gardens.he yellow windowed kitchen has a big old chopping block, feels friendly like i could make myself at home there. the knobby walls is siptal. the ceiling reads like a short ceiling. it's not, it's because the style of the ceiling brings it down with the beams there. the living room has old-fashioned windows, traditional beehive fire plapla in the corner, beautiful tile work on the front typical of the area and the cozy bedroom has vega ceilings and its own beehive fireplace in the corner of the room. the gardens are filled with native plants and of course a funky old hot tub that's plunked down in the middle of the backyard. >> get in the hot tub. if you want to, first of all to new hampshire, francestown, historic home for $375,000. >> storybook cape. it looks like you're supposed to be happily ever after there. the kitchen and opening dining room, wait until you see this, has a knockout sigh cathedral ceiling with exposed beams. giant fireplace with original cooking arm, the friendlies

keep an eye on adobe's stock after the opening bell. it fell 8% after it announced a restructuring plan. it is laying off 750 people, mostly in north america and europe. that is part of its plan to refocus on digital media and marketing. later today it will hold its analyst meeting in new york. >>> time now 5:21. it has become a game of real estate money ball. a major new development. >>> plus, michael jackson's family prepares for the next legal battle. this time it involves a major corporation. >>> first. cken, or grilled shrimp. starting at just $9.99. sizzler. america's fastest and most reliable 4g network in over 160 cities. verizon. built so you can rule the air. >>> increasing clouds will give us a mostly sunny day, but still temperatures in the mid 60s. very nice. >>> time now 5:24. a civil lawsuit filed against a company that was mind michael jackson's comeback tour, that could tell us more about how he died. a wrongful death lawsuit filed by michael jackson's mother and three children claims the aeg corporation pressured micha

. >>> san jose based adobe will no longer develop its flash software for mobile devices.he announcement comes a day after 750 layoffs. a year after apple and the late steve jobs refused to support flash. instead they will invest in htm l-5 and use flash for gaming and video. >>> as much sun as an entire country or more, depending on a country. study of a 2006 solar initiative shows that homes and businesses throughout the state have installed one giga watt or 1,000 mega watts worth of rooftop s e solar panels, joining germany, spain, japan, italy and the czech republic, using one giga watt or more of solar power. it provides incentives for solar panel installation and aims to have 3 giga watts by the end of 2016. >>> in italy today, the financial instability in that country, causing wall street to take a nose dive. >> january >> janelle wang is here with more. >> dow closed at 11,780. the biggest drop since late september. nasdaq and s&p both slid yesterday. wall street reacting negatively to italy's economy. it's the same rate that caused ireland, portugal and greece to

san jose is hosting a kids archaeology day at the peralta adobe which is the oldest building in san jose. it was built back in 1797. stanford archaeology students will lead the dig. it starts at noon and runs until 4:00 this afternoon. you can also get a free tour of the house to see how homes were furnished more than 200 years ago. >>> more than once we have reported on bay area memorials and landmarks hit by thieves looking for metal to sell, but metal thieves hitting a presidential gravesite may be a first. in springfield, illinois, someone swiped part of a statue on top of the tomb of abraham lincoln. park leaders say the three-foot long copper sword was taken in the last month. illinois state leaders say they're going to repair that monument. >>> much more ahead on "today in the bay." we'll show you what the new alternative to botox is meant to help you look younger. [ male announcer ] it's a rule of nature. you don't decide when vegetables reach the peak of perfection. the vegetables do. at green giant, we pick vegetables only when they're perfect. then freeze them fast so they're