the city said it will no longer be buying apple computer's the decision comes after apple pulled allters from the electronic product environmental assessment tool registration the latest mac book pro is not environmentally friendly because its radnor display is difficult to recycle only about 1 or 2% of the city's computers are mcintosh ... one of the world's greatest rock and roll bands marks its 50th anniversary catch it was 50 years could today that the rolling stones performed their very first show they are still going strong they are planning another concert tour next year and new book called " rolling stones 50 " is being released to commemorate the anniversary and a new documentary on the band is due out in november coming up next: we will tell you what caused an american airlines flight to make an emergency landing for a second time this week plus the vice- president joe not once in my life did i ever think i would have heart disease. she just didn't fit the profile of a heart event victim. she's healthy, she eats properly. i was pushing my two kids in a stroller when i had m

apple pulled 26 million i've ons up from the same quarter but more than two million less than estimated. revenue up 23% and there is $2 billion short of estimates and profit is up 21%. and there is apple sold a record number of ipads. and speaking of apple for the first time the company is showing its face at one of the world's largest conferences on packing and this talk is significant because in years apple products have somewhat lost their image of being hack proof. and net flix seen sales up 13% from a yearing ayes. and profit is tanking down 91% and this ceo predicts a 4th quarter loss because of expanding into a new european market. at and t added 320,000 monthly customers in the second quarter that. meant slowing sales, higher profit. the company and saying many are likely waiting for a new iphone. and there are stocks falling after concerns package delivery company is considered an economic bell weather lowered its forecast. your bloomberg silicon valley closing lower and there is come craft kaft going after consumers willing to pay big bucks and the service costs about $300 a m

apple will pull out the patents and try to convince a jury that they copied the iphone. they are seeking $2.5 billion. >> it would be an unprecedented jury verdict in a patent case. if apple were successful proving that samsung copied apple design, they could be looking at three times that amount. the judge to triple the damages. >> lucy coe herself a patent attorney has halted the sale of the samsung tablet in the u.s. samsung is using these photos to show that apple copied designs from sony. so this case has high stakes. >> there is always much of a chance that you are going to get yourself in trouble as much there is a chance you are going to deal a knockout blow to the competitor. >> the court is working with the jury pool of 72 to find ten for the final jury. apple and samsung plan to call 20 witnesses. the trial is expected to run three to four weeks plus jury deliberations. prospective jurors are asking if they have a mobile phone or tablet or whether think have any personal connections or read any books such as the steve jobs by graph. some people wonder if they c

there are companies that do a wonderful job with castle building apple they pull the shroud closed, works for a couple of years and pull this open and it's a wow because no one knew they were working on that it. google we like to work often and it rate. trying a version of something and getting feedback from users having them pull get to that hot spot of what the market really wants. for me, it's about learning challenges and impact. i've been lucky that every time i have gotten to the point where i felt like i wasn't learning as much, there was a new challenge right, you know, and i'd be working on search and get to work on one of my google books on the side. we do a little foray into g mail. some things became big some didn't work out but each let me learn about something new. one of the important parts of failure, you have to learn from it. you have to diagnose what happened and actually figure out what you should learn from it and move on. when i think about the mistakes we made over the years interestingly a lot like failure and speed are inherent. there have been times when your pro

so, this went through a guangdong court in china and it could have resulted in various apple products being pulled the shelf acrossç the country, and in shanghai especially where they're seeing big growth. so, they settled this for $60 million just to go away. and now it appears they are back in control of those worldwide rights. and actually, they can meet the battle of the likes of samsung on a level playing field with the ipad name intact and fully owned by them. but as i say, it's a story that they thought they sorted out three years ago, now it appears they have. it just cost them $60 million. back to you. >> steve, thank you so much. >>> still ahead on "way too early," tiger woods swings into the record books with another win on the pga tour. we'll show you where tiger now stacks up against the greatest names in golf. >>> plus, the benches clear in san francisco. what triggered the extracurricular activity between the giants and the reds? that story and a check on the weather, which is so important this week, when "way too early" comes right back. do not go anywhere. >>> this civil rights a

so this is a big deal for apple to basically pull out of this. >> wow. thanks, jess. >> thank you. >> you've got it. >>> we just heard telestar satellite is 50 years old. how about this? the rolling stones turn 50 today. it was on this date in 1962 that mick jagger, keith richards, charlie watts and ronnie woods took the stage together for the very first time. they didn't even have a name then. they made up one on the spot taking it from a muddy waters song. an exhibition of the stones' history opens tomorrow in london. [ female announcer ] the coffee house. the lines, the cost, the hassle. ♪ express yourself [ female announcer ] why not try coffee-mate? with over 25 delicious flavors for a fraction of the cost of the coffee house. add your flavor, with coffee-mate, from nestle. >>> 6:43. 72 degrees. monika here with time saver traffic. it's been crazy since the get go. we've had several accidents and this one out near manassas south of i-66. still shuts down groveton road near balls ford road. a little further south closer do i-95, we're getting word of

. >> and an abrupt about face from apple on the company's decision to pull products from an environmental ratings registry. the company admitted it made a mistake and announced all eligible products are back on the environmental assessment tool registry. apple withdrew products last month, a move causing an immediate backlash from consumers and local governmentsful the city announced it would stop buying the computers. the list considered an industry standard and helps customers buy electronics that are environmentally friendly. >> the governor called in the national guard to help fight that fast-moving placer county wildfire. it's burning near colfax and teams from marin and solano counties are among about 1400 battled so called robber's fire. they're trying to prevent this 1200 acre blaze from crossing canyon that's separates it from colfax. 300 residents along with many frightened horses and pets have been evacuated. and of this is only about 10% contained. >> tough to fight. and there is weather that is a key factor. it has been fooling down. >> and continues to do so. and there are w

participating in the so called ep program going forward, it also remov ed 39 apple products that had been previously certified. by pulling of the project, the company is putting itself in a strange position. apple hasn't commented on the decision except to refer custers to the company's environmental website. >>> one man in san francisco says it can do something others cannot. on saturday, it will start serving foie gras. it will be operating in the presid presidio, that's federal land, that means it's exempt from the state law. the presidio social club will introduce floi gras sliders. >>> the city's voters may finally get a chance to weigh in on the idea. >> a lot of people say it's the best tap water in the country. nbc bay area's joe rosato jr. shows us the new ballot initiative. >> reporter: every time water springs from san francisco's un plaza fountain, it marks the end of a 165 mile journey from yosemite reservoir. >> it supplies water to more than 230,000 people in the bay area. >> it's the primary source of water for san mateo county. >> reporter: when it was finished in 1923, it was called an engineering marve

apple invested. and there is a admitted mistake, pulling its product out of the e peats and saying all products are back the commitment to protecting the environment is strong. apple receiving backlash and a lot of governments use the registry and the federal government requires 95% of the commuters are ep certified. and mark zuckerberg taking a big challenge, facebook founder says he's trying to figure out how to use facebook and mobile computing. speaking in sun valley, he says it's hard because using facebook on mobile is different than desk top. facebook says mobile revenues are quote, insignificant. stocks ended up on speculation that china may do more than and might be positive and better than expected zpilt trading losses. your bloomberg silicon valley index closed higher and one time star digg bought beta works for just $500,000. and there is digg passed and over taken to ceos merging with news.me making apps for iphone and ipad. and company industry representatives and groups met yesterday and working to disclose how users and apps handle personal information. establishing guidelines could be u

. >>> the city of san francisco pulls the plug on buying apple products what's behind that decision. some things won't last 25 years. ah! woof. some things will. save up to 20% on an ikea kitchen. u-verse high speed internet. you know, in my day, you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes it took a minute to download a song. that's sixty second, for crying out loud! we know how long a minute is. [ sighs ] sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed options, reliability, and ways to connect. rethink possible. ♪ ♪ ♪ [ male announcer ] what's the point of an epa estimated 42 miles per gallon if the miles aren't interesting? the lexus ct hybrid. this is the pursuit of perfection. >>> a grass fire along highway 4 in pittsburgh disrupted the evening commute. contra costa county fire officials say about 12 acres burned not far from the pittsburgh b.a.

. >> we are seven months later and still had he has not been apple to go out and pulling to the sitesbelieve if he were able to go out i believe the fbi forensic units to come and into the rest. >>mark: >>darya: fewer felons as the day at bumper inflation. 4% failed to report to their role officers as opposed to 14% in the old system. the law took effect in october to release these convicts him >>james: if you have not heard already, sfo is feeling the impact of that cloud cover. it is a 63 minute arrival delayed. the temperatures in san francisco is about 57 degrees. we will expect those temperatures to start to move up and the next half- hour or so. taken of the temperatures -- take a look at what temperatures will look like at noon. mackenzie that it will be this '60s across most of the area and then '70s inland and eighties in the south bay. what's for the most part we are looking at mid to upper 70's and the south bay. east bay will be deathly warmer. will be upper 70's and 80's all two out the east bay valleys. if your are round the east bay shoreline will be the upper 60s and l

apple here. the last time it pulled back, i think it was in october, we didn't. we watched it pull back, waited for it to come back more and it never did. it rallied back to new highs. if the market continues this sideways move or downward move, looking at a company that's trading at less than ten times earnings with the global growth of apple, seems like one of the few companies you would want to own pretty much in any environment. do you see anything changing that where you wouldn't say -- you have a private price target up about 20% higher from here, do you see anything derailing that, where you wouldn't see a 20% gain? >> i think you'd have to have a pretty significant economic deterioration from here. apple, at the end of the day, is part of the global economy. it's a much bigger company than it was in 2008, 2009. so it's harder to kind of grow 50% through a downturn like it did back then. i don't see anything that, at least from the results last night or what we're looking at over the next few quarters, that would lead me to believe that there's any signifi

and pulling the plug, the reason the bay area city is no longer using apple. . >>> welcome back to thektvu channel 2 morning news, a san diego father left his son in the car when he went drinking. he left his son around midnight and he told police he had been waiting for his father for about two hours. a camera crew was there, police say he was drunk and had drugs in his pocket. officers were unable to reach the boy's family so they had to take him into protective custody. >>> in arlington boulevard and brewster drive has long been an area of concern. people who live nearby say too many cars make it dangerous for pedestrians. just last night, a woman was hit and killed by a bicyclist at that intersection. they want to put up additional signs and move the crosswalk into a better location. >>> they will give thousands of people. they are already recommended approving money for a pilot program. it will allow passes for 40,000 young people and however, some are concerned about the cost of the program. >>> they are being blamed for a power outage for the commute. 7,000 customers lost power

pull back. we saw a lot of things. if apple and the market falls. i think there is a bigger ramification especially for people who want to sell their flowers and keep their weeds. >> what market did anticipate the move is the options market. in terms of activity today, what did you see? >> you know, i's pretty interesting. individually where all the weekly calls. if you look at the biggest block trade they were primarily bearish. somebody put that thing on 1500 times. so far that one is not in the money but it will be up money tomorrow. the important thing to remember with any technology company is that the party never lasts forever. the first time around for apple. and i think at some point you have to wonder whether they're going be able to keep it up. as far as the demand overseas it will not be there for europe. we see a lot of signs that the emerging markets are under pressure. i continue to be a little bit skeptical. i have been skeptical before and have been proven wrong time and time again. >> apple's impact in the afterhours session. about

and speaking of green, don't look for some of apple's products to be on a list of environmentally friendly electronics. the company pulleds computers, monitors and laptops off a list backed by the epa because they did not meet recycling standards. terrell, something tells me that will not keep fans away. >> i was just about to say that. it is not going to stop folks at all. we got to get you on that list, by the way. i have not forgotten. hold up your blackberry. >>> ashley morrison here in new york. good to see you. thank you so much. >>> coming up after your local news, actor jason biggs on his new movie, grassroots. i'm terrell brown. this is the "cbs morning news." [ man ] ever year, sophia and i use the points we earn with our citi thankyou card for a relaxing vacation. ♪ sometimes, we go for a ride in the park. maybe do a little sightseeing. or, get some fresh air. but this summer, we used our thank youpoints to just hang out with a few friends in london. [ male announcer ] the citi thankyou visa card. redeem the points you've earned to travel with no restrictions. rewarding you, every step of the way. [ female ann

certainly is after it paid $60 million to settle in naming disputes apple has the green light to settled yet hat in china. >>> the company pulled computers monitor is and laptops of the list back by the epa because it did not meet recycling standards and don't forget san francisco is one of the cities that can buy apple products because of a city ordinance. maybe it's not a green apple. well let's find out. did waves lawrenceburg can't shorts 11102. we're all running for the hills. it is going to be hot sun spots on the day jubal digits are likely to show up in some of the ballots that were the coastline over in the base as a mostly clear you can see just a couple of patches of fog up their budgets high pressure is really beginning to build in. 63 and holding in livermore it's 59 degrees in san is a and 59 degrees cooler and san francisco this afternoon want to stay cool and head out for the beaches as real fine pettifog and garlic like conditions into the '60s and sad that they will be heating up in a hurry 80s and low 90s in the santa clara valley and here come the triple digits in many spots inland to just going to see them

apple has never revealed why it pulled out in the first place. >>> bonnie and clyde's guns are going the guns were recovered after police ambushed the couple back in 1934. one was found in clyde borrows waist ban, the other strapped to bonnie parker's legs. the couple robbed banks and gas stations throughout the southwest. each gun is expected to sell for 100 to $200,000 at the auction on september 30th. >>> american uniforms made in china. the promise now being made following the fallout over u.s. athletes' olympic attire. >> plus an amazing rescue. hear from the ear row who pulled a victim -- hero who pulled a victim out of this burning car. >> gray skies around most of the bay area this morning. coming up, when you can expect to see the sunshine and how warm your temperatures will be for the afternoon. >>>a fed ex driver is being hailed as a hero after he saved a woman from a fiery crash. scott tesser pulled an unconscious woman from her car before it exploded thursday. >> i couldn't have gone on feeling good about myself knowing that i didn't do something. >> the woman was transp

apple accuses samsung of copying its iphone and ipad and wants products pulled. sung is denying that, accusing apple of running i phones on its wireless technology. >>> more extreme heat advisories and warnings are in place for parts of the deep south. temperatures expected to climb near or into the triple digits. highs 10 to 15 degrees above normal for the next few days. fallout this morning after a dream wedding turned into a nightmare for a mississippi couple. they say the church they attend refused to marry them at the last minute because of their race. now the couple, some church members, and the pastor are speaking out. andrew spencer with wlbt reports. >>> why didn't those people stand up in the beginning if it was such a minority of people, why didn't the majority stand up and say in god's house we don't do this? >> reporter: charles wilson and his wife are angry because of what happened two days before their wedding. >> members of the congregation got upset and decided that no black couple would ever be married in their church. >> reporter: the first bapt

. >> the nats pulled out the big broom in the big apple.ports breakfast is coming up.  >>> in sports, the nats going for the sweep against the mets. michael morris broke a scoreless tie in the second inning with his seventh home run of the area. danny espinoza makes it back- to-back homers. the nationals win 5-2. they begin a series in milwaukee tonight. >>> olympic soccer, the u.s. women in blue against france. americans fell behind 2-nil and they rallied. the 56th minute, still even. a drop pass to carly lloyd. ore long distance shots deflects off the goal post and the u.s. women defeat france 4- 2. off for a good start over there. >> there you go. we still have plenty ahead. we want to say good morning to our facebook fan of the day. we say hello robert l inss. he writes national morning crew always helps get his day started. stay with us. we'll be right back. the middle class is shrinking. in this day and age you can only accomplish so much without a degree, and traditional institutions are simply not set up to accommodate people who h

have 15 minutes or so before the "closing bell," the nasdaq is trying to pull positive, but it's down four or five points. >> appleover $600 a share, do you buy that one? and they're talking about a stock split now, why would that pave the way for them to join the dow. >> health care companies staking steps for that. [ female announcer ] e-trade was founded on the simple belief that bringing you better technology helps make you a better investor. with our revolutionary e-trade 360 dashboard you see exactly where your money is and what it's doing live. our e-trade pro platform offers powerful functionality that's still so usable you'll actually use it. and our mobile apps are the ultimate in wherever whenever investing. no matter what kind of investor you are, you'll find the technology to help you become a better one at e-trade. >>> all right, stock splits by companies in the s&p have been pretty rare. so far this year there has been only eight splits, and really only a total of about 38 since 2008 which was a difficult time for the market. put that in perspective we saw 32 in 2007 alone. >> now wall street is say

the city of san francisco announced it would stop buying apple products based on its thdrawal. they have never revealed why it pulledrway in san francisco for tomorrow's 12th beer festival benefiting breast cancer. it's called breast fest and it benefits the charlotte maxwell clinic that provides a number of services for low income women battling cancer. >> drink all those amazing beers and wines, listen to great music, talk, hang out and help a good cause. it's a win win for everybody. >> breast fest 2012 is sponsor by the marin brewing company. it runs tomorrow. tickets available online and at the door. for more information on it you can go to kdvu.com and click on the weekend extra tab. >> it's not on the menu but what's being served at one restaurant is creating frenzy and controversy. >> and a military salute, 68 years in the waiting. tonight the story of a bay area marine back home after a fatal flight in 1944. ♪ ♪ ♪ ♪ [ male announcer ] what's the point of an epa estimated 42 miles per gallon if the miles aren't interesting? the lexus ct hybrid. this is the pursuit of perfection. the lexus ct hybrid. back in

pumpull will pull out the patents saying that the sam sung is coping the iphone. apple and seeking two and half billion dollars . >> that would be an unprecedented jury verdict in a patent case and if apple is successful in proving that sam sung copied the apple designs. they could get 3times the amount. >> they have halted the sam sudge from being sold in the u.s.. sam sung trying to show that apple copied the design from sony. this court case has high stakes. >> there is a chance that you will get yourself in trouble as much as there is a chance that you will deal a knock out blow to your competitior. the court is working with a jury pool of 72 to find 10 for the final jury. apple and samsung plan each to call 20 witnesses. the trial will run 10-20 weeks. juriors will be asked if they have a phone or tab let and connections to apple or samsung or read the book steve jobs biography. some wonder if samsung can get a fair trial. >> they will believe in the legal system. people will for the apple products. >> after an all-day process, 10 jurors are seated. and that meanin

pulling for their hometown hero to break the record. >> i think he will be the cal ripken. having to the of great athletes like apple from baltimore is pretty significant. -- having two great athletes like that from baltimore is pretty significant. >> we are live in north baltimore, wbal, tv 11 news. >> this is your home for the olympic games. join me and jerry sandusky for -- and gerry sandusky for the olympic zone. the coastguard has rescued nine people from a boat that sank east of ocean city today. because courtesy of a call that a 38-foot boat was taking on water. the boat sank about half an hour later, and the coast guard says many of the people who were rescued were showing signs of medical distress and were taken not to be checked out. baltimore city police are investigating a suspicious death in downtown baltimore. just after 5:00 a.m., officers responded to the report of a possible shooting on the 300 block of south charles street. it found an adult male with trauma to his upper body. the victim later died at the hospital. so far, detectives have not been able to find any evidence to indicate that a shooti

the city of san francisco announced it would stop buying apple products based on its withdrawal. they have never revealed why it pulled out. >> preparations underway in san francisco for tomorrow's 12th beer festival benefiting breast cancer. it's called breast fest and it benefits the charlotte maxwell clinic that provides a number of services for low income women battling cancer. >> drink all those amazing beers and wines, listen to great music, talk, hang out and help a good cause. it's a win win for everybody. >> breast fest 2012 is sponsor by the marin brewing company. it runs tomorrow. tickets available online and at the door. for more information on it you can go to kdvu.com and click on the weekend extra tab. >> it's not on the menu but what's being served at one restaurant is creating frenzy and controversy. >> and a military salute, 68 years in must be nice, cheering on team usa from the shallow end. back in '08, we didn't have these u-verse wireless receivers that let you move the tv around wherever. no siree, bob. who's bob? and if you didn't have a tv outlet, well then you couldn't watch diddly-squat. you

state to borrow money and state farm insurance is pulling advertising from broadcast on top of the $60 million fine that anne state is ordered to pay. apple releases its latest operating system called mountain lion. it cost $20 in will only be sold as a download. reported revenue is up but missing analysts' estimates. apple sold 26 million iphone during that quarter, a drop from previous quarters but the ipad was a hit. i wish my idea of a bad day was $35 billion. >> don't we all. >> a new study came out, if you have a tendency to swear, it could be affecting your job and not in a good way >> maybe that is why i worked these hours. a new survey finds 64% of employers think less of workers who use profanity on the job and 57 percent say they would be less likely to promote an employee who uses dirty words. a survey also found that the nation's capital has the highest percent of workers who swear at 62%. and glad i work in the newsroom where people don't swear >> not at all. >> we want you to answer this question, what do think about swearing in the workplace? on facebook, rex says considering most of the person i have heard comes from uppe

pull some of those people away. >> thanks, see you later. >> a lot of apple like fixtures. >> courtney took him to task on that sayingwas very apple like in the store. we'll see if it works. fresh signs that the housing market is on the mend, can it stick? diana o lick is next. >> and the fed decision on the monetary policy tomorrow, we have a take on what the fed may or may not do. we're back in just a moment. sometimes investing opportunities are hard to spot. you have to dig a little. fidelity's etf market tracker shows you the big picture on how different asset classes are performing, and it lets you go in for a closer look at areas within a class or sector that may be bucking a larger trend. i'm stephen hett of fidelity investments. the etf market tracker is one more innovative reason serious investors are choosing fidelity. get 200 free trades today and explore your next investing idea. >>> the housing market showing a bit of new life. diana olick has the numbers for us. >> yes, the obama administration is hoping for a reduction program that gets the action. he will not allow them to participate in the governme

apple ecosystem. it was something only a complete control freak could have pulled off.sonality, passions, products, and private life were all intertwined and closely guarded. the more of it that walter isaacson got to see, the more he learned. what was his house like? >> isaacson: his house in palo alto is a house on a normal street with a normal sidewalk-- no big winding driveway, no big security fences. >> kroft: could you drive in the driveway? >> isaacson: you could walk into the garden in the back gate, and open the back door to the kitchen, which used to not be locked. it was a normal family home. and he said, "i wanted to live in a normal place where the kids could walk, the kids could go over to other people's houses. and i did not want to live that nutso lavish lifestyle that so many people do when they get rich." >> kroft: there was no live-in help and no entourage. he was worth $7 billion, but not materialistic. and he told isaacson in a taped interview that he had learned early on what money could do to people. >> jobs: i saw a lot of other people at apple,

pull it up quick in the control room. if there's a flight to safety, last i checked apple shares were positive on this day. some people looking that as a bit of a safety trade. if they are looking at individual stocks to get in on a day like this, the apple is down now. i thought i did see it earlier. >> i think you were talking about amazon. >> maybe so. nonetheless, apple perhaps not declining or maybe the acceleration in the declines has slowed. meantime shares of deutsche bank getting hit after a report surfaced the latest bank to be investigated over the lib or interest rate stanley, similar news hit barclays main reason downgraded by bernstein research. let me get your reaction before we talk barclays to box office bank that seems to be developing. what do you think of that and however do you think this thing goes. >> deutsche bank, i was a little surprised with the way the market took it. you already knew that in the u.s. the security guys always looking at deutsche bank. you'd expect germany being the home regulator, they would have this covered. i think it's a little off. market getting nervous. i

apple. >> it might be a little difficult in the heat. basically we pullin meat fruit. >> is this a popular dish at the restaurant. >> does it taste like chicken. >> chicken but looks like fruit. >> exactly. inside the pate itself. >> looks like a mousse. >> serving it with some kind of crusty bread. >> a light bread. >> i'll try one. >> a little pate. did you do a lot of research creating this? >> we used it on tv programs then tried to figure out a way to make so many. >> delicious and so light. >> i'm wearing the meat fruit. >> the british are great at the open pit roasting, spit roasting. >> yeah, back in the 17th century, we were considered one of the best in europe cooking in front of an open fire. many countries send their chefs over. >> you had cookoffs. >> exactly. >> the idea of the meat fruit, an amusement, surprise for guest. >> it looks like it's going to be, very simple, a technique behind it. >> ice cream. >> next thing we're going to do, make liquid night again ice cream. we have a white trolley around the restaurant. >> do this by the tabl

apple is a first mover and it will be tough. you think people would pile into it, but they feel if these giants pull something off it would be a problemat is the talk on the floor here today? what do people feel as we go through this summer? >> there are multiple concerns, you can tell people are still considered we have almost no concerns. some of it is out of our hands. it's all about europe and geo politics. can we salvage them? >> there's so many things. >> we have been all over the world talking to investors and they're priced for armageddon so this market could go much higher. >> they're

imper cal nature of what we're hearing from companies makes me feel like i want to pull back, not get excited. >> yeah. appleone, we should note. b mrk o out with a research report today lowering its revenue forecast for the next two quarters but raising it for 2013 saying the drag before the iphone 5 is going to be greater than what they had anticipated but it will pick up, hence the raising of 2013 eps and revenues. a couple lean quarters ahead. >> the incredible defense of the rails almost immediately on top of patriot coals. >> they are trading higher today. i was looking at csx. csx is actually the sixth largest creditor named in the patriot coal bankruptcy filing. jeffries came out with a defense this morning saying it's not concerned. it's of minimal impact. we are seeing the rails trade as if nothing happened. >> this union pacific is having a remarkable year. remember, the rails do matter. ups has been doing very well. fedex, remember the big disappoint with fedex? the stock is higher. i'm pointing these out because to stay negative has not been a great bet. not been a great bet. >> short coal stock

apple new headquarters on the horizon ... >> bite this >> after years of debate, one of the most polarizing projects in state history is a go. this afternoon state senators pulled the trigger on the bullet train. they approved billions in funding for the first leg of a high-speed railway which will eventually connect san fransisco and the bay area to los angeles. graced lee is at the state capitol. >> we knew that this would be closed but this was a photo finish. the senators needed 21 votes to get this passed, towards the end of the vote they only had 19 votes and that is when they started calling missing members calling them over and over again before they finally got those two votes and past high-speed rail. >> call the absent members ... >> a dramatic ending to the high-speed rail debate that has been building for years. with exactly 21 votes, the exact number needed, the multibillion- dollar project passed. >> this was one of the hardest votes that i have ever worked on. and, i'm very happy about the outcome because i think that what we did today, it is going to be seen over many years, and many decades, as a turning point in california. >> hope trump to f

apple or some other company in the bay area. >> expecting about 100,000 people over three days, what's the best advice for people getting down here and not pullbest way is get down here early. try to travel in your car down here f. they had a opter we have a telly pad, it's going to be crowded and we want everybody to come and enjoy. >> they come for the food. thank you. we're going to take you to the gourmet alley coming up. i'll show you what they are making. this is garlic calimari. i've got my pockets, i'll bring it back to the station after the newscast, you guys. just for you. >> just like your tie. we'll have a look at the opening ceremonies coming up. and also changes for the bay bridge, right lights. release me, momigus! that's mom to you. and you should eat something that's good for you before you go outside. never! come on james. it's a new fiber one chewy bar. chocolatey and delicious. fiber one chewy bar, huh? mmm. refueled space captain james. [ male announcer ] new fiber one chewy bars. great taste kids love plus calcium and fiber kids need. >> welcome back. still talking about the olympics. usually your olympic teammates have

apple puree to form a water-tight seal. we'll take this gas right here which is nine times heavier than air, which is going to enable us to pull creating a weather system within this b this biosphere. it's really cool to watch. and then, at the table, we basically pull that off and then this inner gas starts falling and then the smoke just sort of, you know, goes right over the food. we clear this and then the diner just starts shoveling stuff in their mouth. it's really tasty. and that's our seafood biosphere. you know, i like to compare what we do to like theishphone. a tremendous amount of engineering and thought goes into that product, but when you see it at the table, you're not really thinking about that. the stressful part that i put pressure on my staff is what are we going to create today? and how is it going to become a bigger player in the global picture? an airline has planes... and people. and the planes can seem the same so, it comes down to the people. because, bad weather the price of oil those are every airlines reality. and solutions won't come from 500 tons of metal and a paint job. they'll come from people.

pulled over forel erratic driving in march. >>> in less than two hours from now, the opening arguments will start in the patent lawsuit between appleamsung. apple wants 2.5 million -- says samsung is to blame. >>> cu's chancellor says sonoma, east bay and san francisco are in the bay area, budget cuts and a possible $250 billion trigger cuts are the even for the limited spring addition. >>> ing the strange-acting boys -- bees are regular bees that have been infected with an unstable fly causing them to fly around in unstable light before any die. no word on whether the zombie bees are dangerous butteriers say you should not -- dangerous but researchers says you shue not touch -- you should not touch them. >>> 7:36 is the time. sal, what are you keying an eye on? >> the traffic, pam. >> oh, good. >> we're looking at everything. so far it's been a moderate commute. by the way -- yes, pam is on but it's 7:36. just to make sure of that. there goes caltrain. 280 northbound is pretty slow. i think people are avoiding 101 -- 101. let's go to steve. >> some follow out there. there wasn't much at 3:00 in the morning. there's stillsome fog t

apple. it's transitional. we know from qualcomm, skyworks they are building iphones. you've got to hope the stock goes down in a transitional quarter. i need you in the stock on any pull back. hey, don't trade it. own it. wednesday morning we hear from caterpillar. will it be the next cummins, which is bad or can it tell of growth anywhere including countries we have never heard of. stocks been hammered so mercilessly maybe anything can be respite from the gloom but the essence are too high. if cat cut its forecast it won't be bottoms. next up is a company that doesn't get the respect it deserves. wyndham worldwide. it's going to report and i bet they will blow away the numbers. 30 brands of hotels doing well. timeshare exchange business. fantastic dividend boost and bountiful buy backs giving shareholders a nice return. they get one more run at the 52 week high after they report. what a fabulous stock. is the defense cycle dieing? is aerospace peaking? these fears are being heaped on boeing but honeywell's ceo says don't be so quick. plus the defense wind-down it's baked into the price, not a reason to sell. more of a reason to buy as my charitable trust has been doi

pulled all 39 off of that green less. >> we were disappointed to hear that. >> she is the director of the services on barman and says the city and county can no longer buy apple products because of a city ordinance. >> any apple products that are specifically laptops, desktops, or monitors, would no longer qualify as a green product in the city and county of san fransisco for city agencies. >> it is a small percentage, in 2010 the city says that is spent $3.8 million on computers, $45,000 was spent on apple. but not just san fransisco, san jose, los angeles county, culver city, and the state of california including the uc school system follow those green standards according to these guidelines and that is just the public-sector. >> this is a big danger step for the company, they're banking on the fact that their customer base will not carry enough and could be wrong. when they glued the battery to their laptop which makes them difficult to recycle. >> they say this decision by a corporation as large as apple could have global effect. >> ultimately who loses are the people in countries all across the globe that have to deal with our electronic waste, in india

pulling back a little bit. still ahead of where it closed in the regular session. maria back to you. >> thank you, mary, we want your response to sandy weill's comments today. >>> and last night appleked investors world. back on "closing bell" in 15 categories, including best overall car rental. so elevate your next car rental experience with the best. it's just another way you'll be traveling at the speed of hertz. sven's home security gets the most rewards of any small business credit card! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great businesses deserve the most rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? here's your invoice. [ male announcer ] drive a car filled with as much advanced technology as the world around it. with the available lexus enform app suite, you can use opentable to make restaurant reservations. during the golden opportunity sale

apple, emc. aspen tech interesting, they have exposure to the cyclical industries, chemicals and energy, enc companies. i want to see how this fare in this environment. if that one were to pull it's actually quite interesting. >> grasso. my everything girl amazon, retail, cloud, tech, device, name it. they have it. obviously susceptible if it does come in, at this point a high flyer. we've been waiting for the stock to coin, hasn't done it. it's been bucking the trend. i'd nibble here and maybe break a tooth as weiss said earlier. i would buy here in case we're wrong. >> weren't you the one who last said, who buys a big tv on amazon. wasn't that you? >> do you? no one buys a big tv on amazon. here come the tweets coming into me. >> no one in the grasso family. >> you want to see it, get out there, see what it looks like. i don't have the time to sit home with farm animals like somebody else on the panels and watch and wait for the thing to be delivered to my house. >> grasso, grasso. the best backward looking stock picker i've ever seen. >> really? >> all right. that's it. as we head to break. >> mills lane jumps in. >> even-steven s.e.c.ment i love it. treasury yields below

musical instruments, the well-known guitar maker has pulled its offering citing market conditions and concerns about economic conditions in europe. also apple'st ipad has finally made its debut in china today. the ipad was kept out of the chinese market while apple fought over a trademark, apple paid pro view of china $60 million. >>> the nation's jobs picture sure to be at the center of election season debate, as november draws closer. joe watkins worked in the h.w. in 41's administration as a republican strategist on camera left and jimmy williams is a former senior adviser to senator dick durbin, and is a democratic strategist, and so many rich things, the texture -- no, just overnight, just i haven't mentioned this yet but former speaker pelosi, the minority leader. >> yes. >> was talking -- dp >> your favorite person. >> she was all over the tax issues, until someone said you got some interesting stuff going on with you and your husband. how about yours? now you saw what she said. >> the economy is what you're saying. >> out of the 35 members in congress that released tax returns that have been asked, 17, 17 members of congress, and then