brookfield has gone from , like, strength to strength. if i was a martian meeting you for the first time, how would you describe your company? bruce: we invest in, buy, and own the backbone of global economy. when the water gets delivered to your house, the roads you drive on, the pipeline that brings different things to your community, the telecom towers that transmit your phone, the data center, the real estate that you live in. it is what we own and build. so it is really what drives the economy, and you do not often see our name. francine: is that a good thing or a bad thing? bruce: you know, it is just because we are behind the scenes, but it is big with a trillion dollars of assets almost. we are behind a lot of the things of the global economy. francine: being low-key, you think it gives you strength? bruce: we try to be be quiet and do our thing, and sometimes it helps and sometimes it doesn't. i'd say, on balance, it has been good for us. francine: you have been in charge for 22 years. bruce: it seems like a long time when you sa

i don't like the added traffic. >> now, brookfield has four years to submit environmental reports andurveys about specific plans. after that, construction. >> then all the excitement starts. once that sign, then we start digging. >> in 40 years, the mayor says. concord could become one of the largest cities in the bay area. in the east bay. ryan curry abc seven news. >> hi, interest rates may be fueling a rise in california's unemployment rate. last month, the state jobless rate rose to 5.3. that's now the highest of any state in the nation and well above the national average of 3.9. the construction sector saw the heaviest job losses as building slowed down. a tech layoffs are another factor. locally, san francisco's unemployment rate went down to 3.8. >> there's a new push to increase access to reliable and affordable child care in the south bay. experts say. the lack isn't just impacting families with kids, it's impacting the entire economy. abc seven news south bay reporter zach fuentes has more on how serious the issue is and the work being done to solve it. it's no secret to man

i don't like the added traffic. >> now brookfield has four years to submit environmental reports andurveys about specific plans. after that, construction. >> then all the excitement starts. once that's signed, then we start digging. >> in 40 years, the mayor says. concord could become one of the largest cities in the bay area. in the east bay. ryan curry, abc seven news. >> all right, let's turn to the forecast. got weekend plans. some people want to go hiking. nonetheless, that's what i'm hearing. >> yes, but wear your waterproof shoes. >> maybe because this is a live picture from our camera on mount sutro. looking back at san francisco, cloudy skies and rain is starting to fall in some areas. so let's check in with meteorologist sandhya patel. >> yeah. and kristen and larry, you'll want to definitely have your rain boots ready if you're going to be hiking tomorrow. let me show you a live picture. or tonight for that matter. you can see from our east bay hills camera. raindrops on our lens right now. so some areas on live doppler seven getting that wet weather already. we're going t

oakland donde la policía investiga un homicidio que ocurrió hace menos de 24 horas en el área de brookfield avenida lane a eso de las 16:15 de la tarde. al llegar , los uniformados encontraron a la víctima con vida, pero con impactos de bala y la trasladaron a un hospital local donde sucumbió a los balazos que sostuvo. todavía no arrestan a nadie en conexión con este trágico incidente. pasamos a fresno. ahí la comunidad pudiera empezar a pagar más por el servicio de basura. y es que, como nos explica peter rice, las autoridades aseguran que desde hace 15 años no se ha visto un aumento por la recolección de desechos. update financial health la división de gestión de residuos sólidos del departamento de servicios públicos necesitan actualización de tarifas para cubrir los crecientes costos operativos y restablecer su salud financiera. es a través de este escrito que notifica a sus clientes residenciales de la ciudad de fresno. la proposición 2 18, que trata del incremento a sus tarifas por los próximos 5 años. si usted tiene el bote de 96 galones y ahorita paga 25,37 $ cada año, se irá increm

brookfield owns hydroelect

brookfield owns hydroelectric plant, cell phone towers,

although, i would say there are folks out there like brookfield with exposure to the market.ve some weight. where do you stand on this? how good or bad is the commercial real estate market right now? >> you called out two of our institutions we do business wih all the time. the book is being judged by its cover. office space is one reality. within office space,lower quality assets is one story. the rest of the office market is another story. the total exposure to the office loans which equal 3.5%. the coverage on the risk side of commercial real estate is so broad that it is creating the overall negative impression. you look at mulmultifamily properties. they are operating well. solid fundamentals. self storage and hospitality and shopping centers have staged a great recovery or have had really good supply and demand conditions. it is the concentration of older office buildings because of the hybrid work environment that is under true distress. there is commercial real estate which is not under distress. >> is there a case to be made or reason why the focus is on that part of

and this is far from a done deal, the developer, brookfield properties now has up to four years to finish a logistical checklist. the navy is still responsible for cleaning up toxic chemicals that leaked into the ground and even then the project will be built in five phases spread over 40 years. new complaints are emerging about the effort to build a new city in solano county. the group of investors called forever california wants to build on what is now mostly farmland. voters would need to approve them to bypass protections that prevent agricultural land from being turned into urban space. the county says it has received multiple complaints about deceptive tactics from petition gatherers seeking to put the issue on the ballot. in a statement, the mayor of fairfield said, residents have contacted me about the petitioners harassing them and lying about the petition. these petitioners regularly stand outside grocery and retail stores and are generally paid for each signature collected. we reached out to forever california but have not heard back. >>> a popular cafe in fremont was back to s

this is far from a done deal, brookfield properties has up to four years to finish a logistical checklist, the navy is still responsible for cleaning up toxic chemicals that leaked into the ground and even then the project will be built in five phases spread over 40 years. new complaints are emerging about the effort to build a new city in solano county. the group of investors called forever california wants to build on what is now mostly farmland. voters would need to allow them to bypass protections that prevent agricultural land from being turned into urban space. the county has received multiple complaints about deceptive tactics from petition gatherers seeking to put the issue on the ballot. in a statement, the mayor of fairfield said, residents have contacted me about the petitioners harassing them and lying about the petition. these petitioners regularly stand outside grocery and retail stores and are generally paid for each signature collected. we reached out to forever california but have not heard back. >>> a popular cafe in fremont was back to serving customers on friday after

brookfield havr years to negotiate a property transfer agreement with the us navy.ther while you can see paulson us why. >> well, changes are on the way tomorrow. today is not bad, but we have a pretty good fog bank outúthere. but rain returnst& friday afternoon, evening and everything is pointing towards an active patternúinto the end of march and probably even into early april. snow will be on the go up in the mountains. this looks pretty good. each forecast run they're upping the totals here. rain likely tomorrow afternoon evening unless it's drizzle. but the real rain, you know the real stuff there doesn't show up until late for most tomorrow. it's aúcolder pattern, no doubt about it. and saturday i think not only will we have rain, but i think possibility of thunderstorms. pretty good. low cloud deck. there are some holes in it, some areas lot. san jose had some of them cleared and then you can see some areas ared out. so there's some pretty good low cloud deck in place here, spwhich is i mean, believe me, this time of year when temperatures areúmainly in the u

we added a position in brookfield management, private credit seems to have a lot more flexibility.increased our exposure to american express. i don't think you have to own regionals to participate in the financial sector. >> nancy, thank you very much. >>> coming up on the show, if you're another -- if you're a driver with a need for speed, you may want to resent one of their products here. we'll talk to the ceo of a transportation safety tech company that missed on the bottom line but gave stronger than expected guidance. it's all about mobility and the need some people have for speed. shares are up about 5%. >>> plus, bitcoin blowing past $60,000, inching closer to an all-time high. but if you missed the boat on bitcoin, can you still get in on that trade? we have a special crypto edition of three buys and a bail coming up. "the exchange" is back after this. you got this. let's go. gobble gobble. i've seen bigger legs on a turkey! rude. who are you? i'm an investor in a fund that helps advance innovative sports tech like this smart fitness mirror. i'm also mr. leg day...1989! any

. >> staying in oakland, police are investigating a deadly shooting in the brookfield village neighborhood. officers say they received several reports about a person who was shot at 415 yesterday afternoon. this happened on louvain avenue, just east of 880. paramedics rushed to the scene. the victim later died at the hospital. no word yet on arrests or what led to the shooting. >> our time now. 706. many fans are really excited. the baseball season is back. but as the a's fans showed up for opening day, thousands of them flooded the parking lot of the coliseum in a block party boycott. now, even though plans are still in place for the a's to move to las vegas, many a's fans are staying loyal to their team. the same message could be heard both inside and outside of the coliseum. fans calling on the owner to sell the ballclub. thousands of a's fans, faithful decided to boycott the game to protest a's owner john fisher's plans to move the team to vegas fan groups the oakland 68 and the last dive bar called this the first day of their summer of boycott. >> i do not want to give them my money.

more than 12,000 homes, along with there's a new developer after developers didn't work out. with brookfield the us navy. the entire project is expected to be 40 years. >> the ongoing situation in haiti right now, a rescue flight leaving that country,úarriving in florida last night. now, the state of florida has launched its own effort using private companies back sphome. more than 550 us citizes have requested help leaving the country since gangs broke into prisons, freeing thousands of prisoners and took over the countrygs capital and surrounding cities. fox's dana marie mcnicoll has details. >> with the violence in haiti still escalating, the us is preparing for an influx of migrants and floridaúis ground zero. governor ron desantis now beefing up security through the sunshine state, deploying more than 250 additional officers and soldiers hoping to send a message to the migrants before they leave haiti. >> we have an unprecedented array of assets that are that are in the sea right now. the last thing you wantúto do is, is get into a boat, go over very dangerous waters, just to get interc

the company is brookfield properties. and this is the wide open space that they're talking about. to store weapons and munitions for the navy. well, they had an exclusive negotiating agreement. now with this development company which spans over for decades to develop a number of things in this area, one of which would be to create about 12,000 homes, a quarter which would be designated affordable housing. they would also have areas for commercial use and green spaces. wells matter of fact, they've got about 2000 acres that they're proposing to gift to the east bay regional park district for a also includes restoration n p- about the apple creek and a widening of will pass road, which is going to be necessary if you've got more and more people living there, a specific plan and the environmental impact reports will all be given once a deal with the navy is set because the navy still technically owns that land. >> governor newsom and democratic leaders in the legislature have reached an agreement to reduce the state's multi-billion-dollar budget deficit. currently, there's still a di

oakland police are investigating a deadly shooting in the brookfield village neighborhood. now, police say they received several reports about a person who was shot about 415 yesterday afternoon. it happened on leuven, louvain avenue, just east of 880. paramedics rushed to the scene and the victim later died at the hospital. there is no word about arrests or what led to the shooting. >> new. this morning, san jose police arrested one person following a gun battle with officers. police were called to the area of ross and lee avenues for a welfare check near d'aw park, east of south bascom avenue. officers arrived and found a man holding a gun outside a home. they tried negotiating, but he fired at least one shot at them and police then returned fire. no one was hit. the man eventually surrendered just before 630 this morning, san francisco police searching for more people who may be involved in a deadly shooting in a plaza that's part of the powell street bart station. >> it happened around 930 last night. police found one person who had been shot. the victim's name hasn't b

brookfield properties will yeara property transfer agreement with the us navy.y higher for longer than previously thought, and fewer homes will b& sold than expected. this year, federal mortgage organization fannie mae is predicting rates will stay above 6% through 2025. their latest forecast expects rates to hover around 6.5% on average in 2024, before gradually falling to closer to 6% by the end of next nations ig about an increase in electronic waste, the un report concludes. current recycling programs are notúkeeping up with the amount of old technology that's being discarded. researchersc found less than a quarter of e-waste is recycled. there will be some 82 million tons of it by 2030, some of which is toxicn scientists are also worriedt& about waste left in space. things like old satellites and rocket debris still orbiting the earth. there are plans underway to send devices up to space to destroy the debris. >> well, there is growing producec prescriptions, and that is when doctors write a prescription for fruits and vegetables for their patients with hea

the concord city council has reached an agreement with brookfield properties to transform the formerpons base into a new major developmt. t plan would come in five phases. each phase involves building a certain amount of housing, 25% of which will be for low income families. when it's done, the site will have 12,000 new units and 6,000,000ft■!s of new office spe . environmental impact reports and surveys are still pending. >> it is a multi-billion dollar project that will go for probably the next 40 years. that's what the terms sheet says . >> the project could transform concord into one of the largest cities in the bay area. a parking lot will be transformed into a ramadan festival in the south bay. today. thousands will enjoy everything from indian cuisine to tacos and texas barbecue. abc seven news reporter dustin dorsey gives us a taste of what to expect during the celebration of ramadan. >> the muslim community fast from sunrise to sunset as an act of worship. the meal eaten before dawn is known as suhoor, and making sure it's a good experience is important. >> usually in muslim

city council has accepted a term sheet for development at the former naval weapons station from brookfield properties. the exclusive negotiation agreement which would span over 4 decades would develop a number of things in that area. it will create more than 12,000 homes with 25% being designated as affordable housing area for commercial use. and green space will also be designated with more than 2000 acres to the east, which has been gifted to the east bay regional park district for a new regional park. the plan also includes restoration of mount diablo creek. and the widening of willow pass road, a specific plan and environmental reports will be given once a deal with the navy is set because they still own that property. >> it's 6.10, and still ahead on the kron 4 morning news. another victim comes forward in the east bay accusing a teacher of abuse. >> and teachers still working in the bay area. so we'll have the latest on that. and we're going hear from the couple who is accused of staging a kidnapping in valais almost 9 years ago. their story became a central point of the new netflix

amanda quintana, ktvu, fox two news oakland police are investigating a deadly shooting in the brookfieldce say they received several calls about a person who was shot around 415 yesterday afternoon. this happened on louvain avenue, just east of 880. paramedics rushed to the scene. the victim later died at the hospital. no word on arrests or what led to the shooting. across the bay, leading candidates challenging san francisco mayor london breed in the november election are releasing their plans to deal with the city's drug overdose crisis. for many, the mayoral race comes down to increasing public safety and reducing homelessness and drug activity. ktvu spoke with mayor breed and her challengers about their proposals, including declaring a state of emergency and bringing in more state resources. >> we need results, and if that requires asking the state and the federal government for additional law enforcement personnel, i'm prepared to do exactly that up to and including national guard. yes. >> absolutely not only have we made arrests of over 2000 dealers and users with the goal of getti

the concord city council has reached an agreement with brookfield properties to transform the former base into aajor development site. the plan is to develop it in five phases. each ase involves building a certain amount of housing, 25% of which will be for low income families. when is done, the site will have 12,000 new housing units and 6,000,000ft■!s of new office space. a quarter of that housing will be for low income families. environmental impact reports and surveys are still pending. >> it is a multi-billion dollar project that will go for probably the next 40 years. that's what the tourm sheet says . >> when construction is done, the project could transform concord into one of the largest cities here in the bay area in the south bay. today, a parking lot will be transformed into a ramadan festival featuring plenty of food from local vendors. thousands will enjoy everything from indian cuisine to tacos and texas barbecue. abc seven news reporter dustin dorsey caught up with organizers in san jose during the celebration of ramadan. >> the muslim community fast from sunrise to s

going to see today except for maybe this adorable suite. 3 week-old gray seal pup at chicago's brookfielding skills in the xu's pool. recently, the pup was born in late february can be seen splashing around with some toys. there. the zoo has said that his animal care team provided lots of enrichment for the pup to explore while he hangs out with his mom. big walrus era. let out some big snores as he snooze during what is national napping day. this is at the point. defiance zoo aquarium and tacoma, washington. this is a 7 year-old wall. worse and it weighs 2,348 pounds and it's still growing because millwall worse is continue to grow until they're at least 14 to 16 years of age. and since it is a national napping day, they wanted to share this video with u.s.. national napping day was created in 1999 by a boston university professor in order to promote the health benefits of quality sleep. nothing like a good snoring nap there and we have a birthday to celebrate right now from australia. here's in the tang that lives at the perth zoo celebrating his 37th birthday. this is dinar keepers at

city council now accepting a term sheet for development of the former naval weapons station from brookfield properties. this is a large lot of land in the east bay and this exclusive negotiation agreement now which will span over the next 4 decades would develop a number things in this area which is currently not in use. it would create more than 12,000 homes, a quarter of which would be designated as affordable housing. there would be area for commercial use and green spaces. well, in fact, more than 2000 acres to the east of gifted to the east bay regional park district. so they can create a new regional park. the plan also includes restoration of mount diablo creek. and the widening of will pass road with all that new housing you're going to need or accommodations for the traffic that's going to bring a specific planned and environment report will be given once the deal with the navy is set because don't forget the navy still owns this lamp. >> new white house report says 10% of u.s. workers face the greatest impact of artificial intelligence workers with less education and lower income,

brookfield properties will have up to four years to negotiate a property transfer agreement with theoh, nice. >> i like how you can see that without me having to show it to right. and i can just go rightl- to it from our air traffic camera. it is crowded. although this is not out of the ordinary, i think what people don't like. and i'm doing this for a long time. they don't like surprises. yes, this is slow, but you can expect it. highway for the same 680 still looks pretty good.t& there was a stalled car in orinda on eastbound 24 near the orinda exit. but again, we're i would say this commute is pretty good. peninsula and south. they usually don't get going until a little later on. so right now, if you're trying to get up to, let's sayl sfo and san bruno, dd with no majorc problems. you can see that traffic here is going toúbe okay on the san mateo or the dumbarton bridge, and there are no problems this morning. spand now let's go to our well respected man in the weather. >> mister steve came in. where? >> thank youúsam. appreciate that, big fog bank in place again. i have to be hon

that was mission rock and mission rock and pier 70, the brookfield portion of that of that project, and, you know, in some cases 8 to 10ft at pier 70 to get up to the desired elevation, this project is going to connect to those projects so that we have that continuous line of flood defense for buildings that are more infill development in the future floodplain, if it's like we have to cross this policy question with dbe and the city and the capital planning committee, if we're building coastal flood defenses, is there a need for those individual infill buildings to then flood proof their ground floors? probably not, but that's a it's a good policy question and we'll raise it with dbe and the capital planning committee. okay. thank you. i think that's it. thank you. thank you, commissioner baldauf. i want to know how we are, because we're going to run out of time here, signal our concern, lawrence. particularly, i think that the city suggested changes are ones that i think would be wise for us as a commission to be supportive of. i'm a little confused about the independent measures. is t

we are joined now by carly brookfield, chief executive of the driving instructors association.rive looking — curriculum for learning to drive looking at _ curriculum for learning to drive looking at the key areas of risk and making _ looking at the key areas of risk and making sure all pupils are focused on this— making sure all pupils are focused on this before tests, before we just look at _ on this before tests, before we just look at this— on this before tests, before we just look at this as a silver bullet. let's — look at this as a silver bullet. let's face _ look at this as a silver bullet. let's face it, graduated licensing is not _ let's face it, graduated licensing is not a — let's face it, graduated licensing is not a silver bullet even in countries _ is not a silver bullet even in countries where it has been introduced. | countries where it has been introduced.— countries where it has been introduced. . . countries where it has been introduced. . , ., introduced. i have been driving for more than — introduced. i have been driving for more than 30 _ introduced. i hav