they claim costco will hurt small businesses. costco supporters say it will boost pleasanton economy. >>> and a notoriously congested stretch of highway 101 in the bay area could finally be getting relief. transportation officials are looking to add a pay to play express lane near interstate 380 near sfo and whipple avenue in redwood city. abc7 news reporter katie marzullo has the story. >> that stretch you mentioned starts just about behind us here. right now it doesn't have any carpool lane at all. the metropolitan transportation commission has put together enough funding so san mateo county will start to study it and look at possibly adding a carpool lane or a lane that solo drivers can use if they pay. >> it is the worst. it is no surprise to run into traffic for no reason. >> the metropolitan transportation commission says highway 101 between 380 and whipple avenue is one of the most unreliable stretches in the bay area. >> that roadway is bad now and it has been bad for years and will only get worse unless we do something a

he said that the costco switch, they're still waiting to see exactly how that's going to go, how manycan retain. the competition is getting particularly intense among other of their rivals, especially at some of the big bank issuers. interest rates, he said that they had been prepared to talk about interest rates lower for longer, but now there's uncertainty there. and of course the elections here in the u.s., brexit in the market in the uk and europe and all of that. it was really the complexity that they're still talking about. they're trying to get to the bottom of. but no investor in any company, simon, likes to hear that word. >> no. i think we knew it might be rocky as they spend a lot more on the business to invest to try to make up for costco. kayla, for the moment thank you very much. let's trade american express, guys. >> i don't think the company is terribly cheap. i think their whole rewards business is something that's putting more of an expense on the business. you'd be neutral at best. i'd rather own paypal. >> i'd rather be visa. i'd rather be in visa or mastercard ove

they claim costco will hurt small businesses. costco supporters say it will boost pleasanton economy. >>> and a notoriously congested stretch of highway 101 in the bay area could finally be getting relief. transportation officials are looking to add a pay to play express lane near interstate 380 near sfo and whipple avenue in redwood city. abc7 news reporter katie marzullo has the story. >> that stretch you mentioned starts just about behind us here. right now it doesn't have any carpool lane at all. the metropolitan transportation commission has put together enough funding so san mateo county will start to study it and look at possibly adding a carpool lane or a lane that solo drivers can use if they pay. >> it is the worst. it is no surprise to run into traffic for no reason. >> the metropolitan transportation commission says highway 101 between 380 and whipple avenue is one of the most unreliable stretches in the bay area. >> that roadway is bad now and it has been bad for years and will only get worse unless we do something a

>>reporter: the number local shopper after recent visit to the bay area costco he's from a worm scrawlpiece of salomon he was getting ready to eat that discovery made this past weekend he joins us and we understand it was some type of parasite. >>dan kerman: it was not quite the birthday celebration they expected during his birthday dinner turned into a rather slimy affair when he discovered this a moving parasite on the salmon he was about to cook it had been purchased earlier in the day from costco and novato. >>dan kerman: parasites and fresh fish are not to the phenomenon they set each night until is expiration date fish is redrafted examined for parasites live by men held the parlance as the costco has a good track record as far as food safety finding a parricide does not mean there was a problem with food handling at the facility because paris is to be naturally occurring and fish and other meat while that may be true it is not something he can accept and that is why he is opposed to this video to let others aware. >>catherine heenan: is approaching 20,000 a. just 10 percent cont

with he beat costco.n doesn't tell you, lisa will. >> they say they price match costco, but they price match other places too. >> really? you betcha. mark owns the place. >> there's online price matching, there's costco price matching. we always come out lower in the end. >> bay area consumer's checkbook knows all about price matching. it just completed an undercover study of some of the country's biggest chain stores. the -- we send our mystery shoppers into the stores and a product advertised for far less somewhere else and asked can i get the lower price, and in almost every case it was really easy to do this. >> kevin said each store has their own policy but most won't match a competitors coupon or match the price of a similar but not exactly the same product. >> the other big convention these stores always put in is if it's a clearance item or a discontinued item, then they don't have to match prices. >> and that brings us back to lisa, that's even price matched groceries. whole foods wanted 25 bucks

we beat costco. but the sign doesn't tell you, lisa will. >> they say they price match costco, but they price match other places too. >> really? you betcha. mark owns the place. >> there's online price matching, there's costco price matching. we pretty much come out lower in the end. >> bay area consumer's checkbook knows all about price matching. it just completed an undercover study of some of the country's biggest chain stores. we sent our mystery shoppers into the stores and a product advertised for far less somewhere else and asked can i get the lower price? and in almost every case it was really easy to do this. >> kevin said each store has their own policy but most won't match a competitors coupon or match the price of a similar but not exactly the same product. >> the other big exception these stores always put in is if it's a clearance item or a discontinued item, then they don't have to match prices. >> and that brings us back to lisa, who has even price matched groceries. whole foods wante

moving parricide on the salmon it was about to cook it had been purchased earlier in the day from costco and novato. >>dan kerman: broader back in their refund that tell us parasites and fresh fish are natural phenomenon they set each night until the expiration date finishes redrafted examines the parasites to them by men howe department says that the costco has a good track record is far to save the in finding a parasite does not mean there was a problem of food handling at the facility because paris is to be nationally a comic and fish and other meats while that may be true is not something he can accept and that is why he's posted this video to make others aware this is just putting a sticker on foods like this to remind customers it can contain parasites this is why they suggest people not eat law but to cook because that will kill the parasite and thus eliminate the health risk. >>reporter: we send out an alert when a state of emergency was issued for both the major wildfires in the state to the fire burning through monterey county's scorched more than 23,000 a. only 10 percent cont

costco says parasites in fresh fish are a natural phenomenon.ch night they are rewrapped to check. >> if it is caught and being transferred and fileted which is part of the processing then it should not be there. they can't overlook that. >> the morin county environment department says the costco has a good record involving food safety and finding a parasite doesn't mean there is a problem with food handling because parasites can be naturally occurring in fish and meets and why it may be true it is not something darrin can accept and that is why he has posted the video to make others aware. >> i don't want anyone else to have to see that and be disgusted or grossed out by it. >> he suggests putting a sticker on food to remind customers it can contain a parasite. the environment health department says this is why people should not eat food raw because it will kill the parasite and eliminate the health rusk. >>> a bank robber on the loose. the f.b.i. now looking for a distinctive suspect, they call him the dreaded bandit suspect because of his dis

express, it has lost a valuable partnership with costco and jetblue among others. how lot of questions about effective it is in terms of bringing costs down and making ,t possible for its customers such as costco or jetblue. because it targets were high. to see aare starting lot of big-box stores and companies yield their own power. has nothing to do with american express, but with a visa kumutha walmart in canada saying they would no longer accept the high rates they're trying to pass through. and the problems american express was having with costco worm much more embarrassing. let's get back to those big tech earnings, we want respective from cory johnson our bloomberg media editor at large. we're looking at shares of intel down 2.9%. what do investors not like about this earnings report? cory: if you wonder why they beat the analyst estimates, it is because they came down this week -- it is only wednesday. the number on friday, they would have missed that number, which analyst6 billion. one lowered his numbers, and as a result they'd beat the estimate. but there

. >> caller: i've got starbucks, costco, amazon, nike, and microsoft. >> all right.dispersion here. costco. my charitable trust, as is starbucks, let's call this restaurant. amazon is shopping. nike is clothing and microsoft is tech. now what i'm, actually, the whole thing i'm thinking is costco competitive with amazon. i'm going to say no. amazon is an internet retailer. they are different enough that i will bless this portfolio. some would say that's not fair. i should take amazon out, but i'm going to say that is balanced enough. see how hard it is? amazon's now everything. there isn't anything that competes against microsoft, whatever. at least not starbucks, but yet, why don't we step away. >>> on tonight's all-new american greed, telephone scammers from jamaica make 30,000 calls a day to hook victims in the u.s. don't get on their sucker's list. you can't afford to miss it. and we have wells fargo tomorrow. can it be as good as j.p. morgan? i was astounded at the fixed income level. i don't think wells can replicate that. my big thing with the banks, we may hav

. >> and there is a controversial costco in pleasanton and the voters will decide. opponents gathered enough signatures to put measure on the ballot in november. opponents say it will hurt small businesses and costco say it will boost the economy. >> the most congested stretches of highway in the bay area and relief could be on the way. transportation officials are looking to add a pay to play express lane between 380 at sfo and redwood city. the san mateo, transportation authority will look at options but believes an express lane is the only way to go. it is a car pool lane that solo drivers can pay to use. the study take two years to complete at the cost of $11.5 million. >> four san jose cold cases over three years are connected and police need your help. the warning, this video could be difficult to watch. there are striking similarities between the cases. all involve vietnamese american men gunned down. the four victims were known to frequent asian cafes and over the years, two of the cafes have been cited for violence, illegal gambling and prostitution. the ca

"how could my credit store be affected when costco switches from american express to visa?el finney has the answer. >> great question. no affect. at all. the swift just happened citibank did not pull credit reports. the card holder kept the same line of credit so the reporting agencies barely noticed anything happening at all. nothing should containing for you. >> good do know. if you have a question record it on the smart 15 or tablet at abc7news.com. can you see your question answered right here on the morning news. >> this is interesting what facebook is doing, making it easier to create fundraising campaigns for nonprofit charity. you used to is to post a think to external websites, say, gofundme but now there will be included in facebook. users can now campaign campaign pages with a personal story, a fundraising goal and a donate button and you are prompted to share to invite others to join. >> i could not love this any more, check out the french bulldog kissing her best friend, frank the fish, at a koi pond. the owner said they sit there all day kissing. >> so sweet.

. >> costco may not come to a city near you with a group trying to stop a costco has collected enough signatures to force the city council to take up the issue because of the bad traffic issues. the city council has three choices: ban big box stores altogether, put it before voters in november or call a special election in the spring. the city council will discuss the issue at the meeting. >> good morning. approaching 4:38 am on the way to a really hot day across the bay. limited fog this morning. really confined to the coast. fog at half moon bay and that is it. temperatures as you extend outside this morning is going to feel mild and right now it is 55 in san francisco, and 60 in oakland and hayward and 63 in san jose, and antioch is still mild with a temperature of 68 degrees. the sun is up from the beginning at 5:58 this morning and limited fog. 71 in san francisco, 80 in oakland, 91 in san jose and triple digits inland and, remember, "spare the air" day affecting inland and the south bay. use mass transportation if you can. that is weather. traffic? >> good morning, everyone. the

costco is the big event that transpired in the second quarter.ber that portfolio moved from american express after 16 years it a new partnership with visa and citigroup. so the question is, how many of the costco card holders was amex able to sign up for new amex cards. the ability of the company to do that is what will fuel future earnings growth. then will they be able to reiterate guidance for the year? the street's expecting earnings between 5.40 to 5.70 is what the company expect and expenses and how much are they able to do in cost cutting? what does the second half of the year look like and will they incur even greater cost as te look to replace costco customers. bill? >> thank you all. see the three of you at the top of the are hour when earnings come out after the bell. >> they love you apparently. >> apparently. >> randy from schwab. what do you do here? >> we have been telling our clieent to maintain allocation. if you are in the market, this is not a time to sell out. but mainly stay where you're at. while we have seen a good rebound

knife. >> a witness shot this video moments before the suspect was shot in the parking lot at the costcon pell lendale avenue. the man was pacing around inside before going out. they say that once outside, he started lunging at the officers. the suspect is in critical condition. >>> in monterey county, the soberanes fire has burned hills and homes. this is the first look at what some residents are returning to. the deadly wildfire has destroyed 51 structures and burned nearly 30,000 acres since it started friday. the fire is 15% contained. >>> here's roberta with the forecast. >> i heard a homeowners saying yesterday i lost my home but i lost everything. you look at the trees, you look at, you know, the surroundings, the acres around it. there's nothing. and it's only 15% contained and the weather is not advantageous with the firefighting efforts. in fact, that fire is so big, it's developing its own weather with winds and heat. we still have heat inland. this is our live weather camera looking out toward a very foggy golden gate bridge where we do have a marine layer roughly about 1,000

costco quickly agreed to a full refund. mrs. yao received $689 to buy a new tv. in a statement costco told us we do what is right by our member and considering the time of year and that she might have been kag the wrong number during the holidays we're giving her the benefit of the doubt. only a few years past the two-year mark when she made contact. if you have a consumer complaint let us know about it. call out as 888-996-tips or upload story to our website nbcbayarea.com/responds. one last bit about warranties and tvs. we noticed a trend that some tvs come with an extended warranty and have you to register the tv. the little piece of paper. >> fill that card out and send it back. >> people throw that away. might get an extra year or two on the warranty. >> that's a good tip less. >> especially around christmas time. >> and hopefully nancy is watching us clearly tonight. >> hopefully we were good, right? >> thanks, chris. >> let's go to hawaii and a spectacular site on the big island. glowing stream of hot lava from the kilauea volcano making its way to the pac

. >>> same-store sales over at costco topped street estimates. sales in june remain flat at the giant retailer but that was still better than the 1 is.are 5% drop that analysts were expecting. shares of costco rose nearly 5% on the news to 163.70. >>> june was a good month at the retailer l brand. same-store sales rose more than expected as the operator of victoria's secret and bath & body works said results were lifted by the timing of the memorial day and july 4th holiday but despite the beat sales were expected to remain flat or decline into the low single growth zone. shares fell 1.5% to 67.43. jie paychecks to raise its quarterly dividend, software-maker will hike its dividend to 46 cents a share up from 42. in addition, the company will launch a $350 million share buyback program. paychecks down marginally on the trade today to $60.59. >>> the anti-virus technology-maker evast software will buy rival avg technologies for more than a billion. avast says the merger will allow it to make more personal security products and increase its geograp

>>mark: and novato man finds a worm and the salomon he bought and costco. dinner turns into a rather slimy affair when he discovered of moving to paris sites on the salmon he was about to cook he brought back to costco sunday in the refund that tell us parricides and fresh fish are a national phenomenon this the each night until the expiration date fish is redrafted examined for parasites. >>reporter: that is why he posted his bill to make others aware. they're all gone. i know i bought them. well, staples has low prices. if i were you, i'd grab a couple more... for next week. back to school or back for more? staples has the lowest prices... period. staples. make more happen. >>mark: watching wall street the dow jones industrial average would succeed will be a lot worse without apple some big gains this morning is another 6% will cordelier earnings was some strong sales in china apple's revenue falling but still 42 billion in revenue for the quarter for three months and then they 7.8 billion profit in a three month period. >>darya: the 28 your man paid $8 f

it is available in bookstores everywhere and costco.we run out of books outside. >> i always aspire to write a book you can buy in the airport but even never i could imagine you could buy at costco so this has been a huge accomplishment. >> we are going to break for lunch on the second level of the spiral staircase at the george yeager conference center but before we do, please, let's have a warm round of applause. [applause] [inaudible conversations] [inaudible conversations] >> you are watching booktv on c-span2, television for serious readers. here's a look at what is on prime time tonight. we kick off the evening at 6:4:05 pm with the author of valiant ambition, george washington, benedict arnold and the fate of the american revolution. at 8:00, take a tour of the largest african american history and literature collection in the midwest. at 8:45, former astronaut buzz aldrin discusses his latest book, no dream is too high. at 10:00, on booktv's afterwards, rise of the rocket girls. ..

we beat costco.gn doesn't tell you, lisa will. >> they say they'll price match cost dco, but they'll also price match other places too. >> it's online price matching. costco price matching. we always come out lower in the end. >> bay area consumers checkbook knows all about price matching. it just completed an undercover study of some of the country's biggest chain stores. >> we sent our mystery shoppers into these stores and they found a product that was advertised for far less somewhere else and asked, you know, can i get thep. in almost every case, it was really easy to do this. >> kevin says each store has its own policy, but most won't match a competitor's coupon or match the price of a similar, but not exactly the same product. >> the other exception is if it's a clearance item or a discontinued item, then they don't have to match prices. >> that brings us back to lisa who has even price matched groceries when her local whole foods wanted $25 for a pie. >> i called the whole foods in another to

we beat costco.e sign doesn't tell you, lisa will. >> they say they'll price match cost dco, but they'll also price match other places too. >> it's online price matching. costco price matching. we always come out lower in the end. >> bay area consumers checkbook knows all about price matching. it just completed an undercover study of some of the country's biggest chain stores. >> we sent our mystery shoppers into these stores and they found a product that was advertised for far less somewhere else and asked, you know, can i get the lower price. in almost every case, it was really easy to do this. >> kevin says each store has its own policy, but most won't match a competitor's coupon or match the price of a similar, but not exactly the same product. >> the other exception is if it's a clearance item or a discontinued item, then they don't have to match prices. >> that brings us back to lisa who has even price matched groceries when her local whole foods wanted $25 for a pie. >> i called the whole food

showing signs of recovery after the last cobranding deal with costco. lauren: coming up, it is official. donald trump wins the republican nomination. the city of cleveland is raised in the period >> game seven was correct. what the convention is for the cleveland economy. the heat wave continues to sizzle across the country. fox meteorologist maria molina will tell us if there's any relief in sight. checking in on u.s. stock index futures. dow futures higher by 71 points. they close at their sixth record high in a row yesterday, up nine days in a row. we haven't seen a winning streak like this since march 2013. s&p futures and nasdaq futures higher by 31%. you are watching "fbn:am," a look at your money market and breaking news. ♪ [announcer] is it a force of nature? or a sales event? the summer of audi sales event is here. get up to a $5,000 bonus on select audi models. or building the best houses in town. or becoming the next highly-unlikely dotcom superstar. and us, we'll be right there with you, helping with the questions you need answered to get yo

i'm a costco member.to call it, the last year i'll be able to help with his homework, and he is so obsessed with this election, it's so funny. he's always asking questions. he says mommy mommy explain the difference between a democrat and a republican. and this was the best i could come up with. i said okay, as i insit a democrat is -- as i understand it, a democrat is like this really nice aunt who promises to take you to disney world but then something always comes up and she never comes through. (laughter) and a republican is like this really grumpy uncle yeah, and he tells you he can't afford disney world but then you find out he went without you. (cheers and applause) ♪ >> stephen: thanks so much. cory kahaney right here! she's touring all over the country right now. cory kahaney ebbed! give it up! (cheers and applause) >> stephen: that's it for "the late show." it's 2:10 in the morning. tune in next week for my live coverage of the 2016 democratic national convention in philly. there will be glitz g

it's like imagine if costco, if everybody just said, they're raising the prices, i'm not going to costco anymore. would you do that? >> bernstein today, competitive threats are more severe and pricing power is less than you think. target, 62. >> whoa. >> 62? that's aggressive, wow. look, i -- i didn't like the growing pains as the thing, because, like, that's not growing pains. you really miss very big. >> right. >> then i start saying, okay, was content not what people wanted? is it no longer cool? >> it's just about sub-adds right now, very similar to amazon, to a certain extent, and about obtaining future cash flows. they didn't have subgrowth. >> the adam sandler movies. >> they didn't have it or maybe with respect to -- >> there was nothing we talked about -- i did not, like, say to you, this quarter, did you see narcos? i'm wondering if there's less buzz because i have to tell you, i was on that -- i went through the call twice, remember they do a letter then the q&a. i read through it twice and the first time i said, i must be missing something. i have to go ask my kids about un-g

. >> vote are decide the fate of a controversial costco in pleasanton at johnson drive on the map. gathered the signatures to put a measure on the ballot and city council approved sending it last night. costco it is claimed will hurt the small pice and supporters say it will boost pleasanton's economy. >> bart is still reporting major delays for a commuter alert. we have 50 trains but delays in the hayward fremont line in all directions because of equipment problems. we will hear from amy hollyfield in a while with the details on what, exactly, is happening to cause the problem. traffic is slowing again and they just cleared a major three-car accident that was overturned at midtown at the south tower. it is gone. hopefully the backup will dissipate. the sensors are showing slow traffic back to sausalito. now all lanes are clear. mike? >> they have a good view from the golden gate bridge with no fog. good morning, everyone, because of lack of clouds check out temperatures on the peninsula, woodside is 46 and menlo park is 49, and daly city and pacifica is 52, and everyone else is 53

. >> costco may not be coming to a city near you, a group trying to stop a planned costco has collected enough signatures to force the city council to take up the issue now. they are mostly concern about bad traffic in the area according to our media partner, the city council has three choices, and it can been big box stores altogether, put it before voters in november or call special election in the spring. the city council will discuss the issue at the meeting. >> we all have gotten steamed behind the wheel but we have surprising results of a study on how angry some people get. how angry some people get. all the bay area bigs seeing >> novato, oakland, sunnyvale, and all the bay area, this is abc7 news. >> we know a lost you do not love how the bay bridge works and there is a change to speed up the drive across the span. the toll authority has hired a company to lead the effort to upgrade the metering light system. the system dates back to 1974. the upgrade includes a real time algorithm to reduce traffic jams >> fur angry behind the wheel you are not alone. aa found 80% of drivers ar

costco. you go to costco, you can buy like a bump eer for a car and a toothbrush in aisle 8.ven our bad food is better than food, the top cuisine in any other country. our steaks, try to get a t-bone steak in england that's compared to texas. fresh direct, uber, incredible innovations. our supermarkets, our second amendment. no one has a second amendment. we have a second amendment. we have guys killing terrorists all over the world. i appreciate that. our highways are amazing. i have a lot of admiration and appreciation for so many things about america that my head will explode. >> i think it just did. >> you forgot one. >> our robots. >> our robots are amazing. >> and patriotic. >> i support our robots. >> our robots are better than their robots. >> that's all sma matters. >> when we're gone -- the planet's only robots. >> it's really hard to follow that. because he had a lot. what i was thinking about today is liberty, and how special that is to be able to live your life however you see fit and in most places around the world that is not the case. our founding fathers had

costco for a breakout. target has come back to life and then walmart has been consolidating, so if you want to play the retail trade, stick with what's working. >> is there a macro theme here because let's get in the hot tub time machine and go back about two years. got some bubbly right there. drink it. got more money in the pocket. >> this is a good lesson on take k these broad themes and realizing it's not that simple. >> i'm not taking it. obliterated over the last year. you have dividend yields, which i mentioned, which people are chasing and you have stocks with short interest like jw nordst m nordstrom's with 26% where people have gotten blown out. i don't think you can be short this name in earnings, so if you want to make it about the consumer, be my guest. >> some of the best performer are the off brands. whether it's target or you want to go to walmart, costco, now to tjx. look at the way those have traded. to dan's point of home depot continues to move to the upside. probably not. >> forget abou

>>> a suspect is in critical condition this morning after he was shot by an off-duty officer at a costcomodesto. >> he has a knife. >> a witness shot this video moments before the suspect was shot in the parking lot of the costco on pellandale avenue. he was pacing around with a knife before making his way out. once outside he started lunging at the officer. >>> new this morning, bill cosby has dropped a lawsuit he filed against one of the women who accused him of sexual assault. the suit filed in february accused andrea constand of violating the terms of a confidential settlement in 2006. she claims the 78-year-old actor drugged and assaulted her at his pennsylvania home until 2004. the allegations are the basis for the only criminal case against cosby so far. cosby faces accusations of sexual assault by more than 50 women. he denies having nonconsensual sex with any of them. >>> an e. coli outbreak hasn't stopped chipotle from making a bold business play. they plan to serve burgers coming up. jill wagner of cbsmoneywatch.com has more. >> reporter: good morning. traders are digesting a

. >> voters decide the fate of a controversial propped costco in pleasanton with the site at johnsonve right here on the map. on importants exercise -- open points gathered enough signatures. they claim costco will hurt small businesses and supporters say it will boost the pleasanton economy. this is an effort to fight a fire that break out in a lake front community last night. five homes were evacuated. cal fire say it burned 50 acres. >> relief for folks in the hollywood hills after a brush tire was knocked down that was close to high end luxury homes. the fire started along highway 101 year. not far from the hollywood reservoir. it caused a big traffic mess. power was knocked out to some people. 200 firefighters from 30 fire companies tackled the fire and kept it contained to 18 acres. >> check out the tree air conditioning inland east bay. when we hit 100, our lows are falling back and the 50s and 60s. we will be able to utilize this as we head through the weekend weapon the hottest temperatures are coming. we will focus on getting owe the door, san ramon and pleasanton, 63, anti

. >> this little boy went to costco and he's there in a cute green shirt. look in the background. there's an elderly man sitting at a same outfit. the dad posted the picture with a caption, i guess i know what my son will look like in 70 years. >> >> why her dance held so much meaning for her family. >>> and as we head to break, a quick look at what's on >>> well take a look and what do you see? a little girl having fun pretending to be a dancer. but for a family in hamilton this picture is worth than a thousand words. this video had has 70,000 views on facebook. >> not along ago, 2-year-old -- couldn't do this. >> she was 10 months old and sitting but not meeting her milestones or able to put her hand to her mouth. basically she lived her life with her arms out to her side her toes pointed. >> reporter: she has significant gross motor delays. but thanks to on early intervention program and therapy through the northeast ark. >> you did, big girl. >> not only has she gained the ability to move but she's gained confidence. and now she's moving and running and gamping, and dancing. >

costco just ran off a quarter or two from now we won't be talking about costco.uidance for next year can they hit that 560 and the key is looking at the underlying metrics excluding costco. they're getting -- they had 8% spending growth, which is generally in line with the industry last quarter x costco so they're not well below the industry. they have huge opportunity internationally. they have the largest corporate card, 30% of the business is a corporate card, 25% is more like mastercard, visa, merchant acquiring global network services, that's very high return on equity. they have tons of excess capital. the key is can they get to that 560 level or around there and then grow that at a double digit pace. historically they've had a market multiple, which is 18 times today, today they're closer to 11. we think that the valuation will gravitate towards that market multiple as they show this is still good growth company. >> i'm interested to hear you say they're very secure with the millennials, i wouldn't have thought it. and you've clearly got the facts. they ce

we're costco, we don't care. do we care about how much you pay for costco? no. right? and care about netflix? i don't think so. amazon prime. i mean, listen, jeff, i would pay triple for amazon prime. i don't ever have to go to the store. >> although some people apparently take issue with netflix and their price increase. >> netflix is now in question, because there's so many other alternatives. >> atul? own apple? >> we do. reduced end of last year. looking at buying it again. >> really? under 90? >> yeah. for us, exactly to your point. a business with a huge moat around it. talking enhancing services flicking a switch, it basically is that. 25% discount to the market, dividend yield 2%. no wonder retail investors like it. for us, we like technology. we think productivity growth is a single best opportunity globally. technology a great way to play it. a cheap technology stock. >> don't trade it. >> public transition. not a broken model. the whole thing. >> and the reason -- anyone want their apple taken away from them? you want your phone taken away? i'm on the blue t

police in modesto say that an offduty police officer shot and wound add man with a knife outside of a costco. the 61-year-old man walked into the store where more than 300 people were shopping. one customer came face to face with that suspect. >> he had one glove on with a knife in his hand. he was walking around. he looked really confused. i don't know what his deal was. he was like, people got close to him, he was pointing the knife towards them. >> the offduty officer then shot the suspect outsite store when he would not put down theknife. the suspect is in critical condition. >>> a man is under arrest suspected of shooting at an oakland police sergeant last weekend. his name still has not been released. oakland police say that he shot at sergeant nadia clark while trapped in her suv after a traffic collision. as for a motive, the suspect may have been inspired by the antipolice sentiments seen in the recent killings of police officers in dallas and baton rouge. >> he did make some statement -- statements that make me feel like that was inspired by the sent. around the country. >> for saf

she went into the basin after colliding with another car in the costco parking lot. >>> 4,000 pounds of important supplies arrived at the international space station. they were delivered by the way of a dragon capsule delivered by space x, two astronauts used a robotic arm to bring the supplies inside. >>> well, tonight's power ball jackpot is worth $361 million, the ninth largest in the game's history and we know the names of the third and final workers of the 1.6 billion dollar prize, margaret and may acosta bought their ticket from the 7-eleven. they spent the time talking to lawyers and financial advisers. the young couple has two children and put most of the money into the trust and donated the rest to charity. the other winners in florida and tennessee came forward within days to get their winnings. >>> still to come on "action news" at noon, a new way of shopping is being put to the test, we'll explain what is replacing sales people at one popular department store. plus, is there a connection between breast cancer and ivf, we have results from the largest study yet in health c

the share personally body camera system at costco this past spring which caught a fight the next day. >>> a retired francisco muni bus operator is suspected of molesting at least five girls. investigators say daniel miranda surrendered to authorities last week after detectives searched his home. shares deputies would not reveal the evidence they found in his home however they did say his former job as a muni operator was not tied to this molestation investigation. >>> the blue ribbon panel investigating the san francisco police department in the wake of racist text messages has released its list of recommendations. the 239 page report made 81 recommendations including creating an office of inspector general to out of the apartment and the office of citizen complaints. the panel said it found that african-americans and latinos were searched without consent more often than whites and asians. and they say police officers association has the upper hand and intimidated officers who wanted to speak to them during the review. >> the poa leadership sets the tone for the police department and

. >> according to local south china morning post, the biggest shipping line, costco, plans to employmentsan on the transport of shark fin. this is after 2,000 pounds of endangerrered hammerhead shark fins were found on a slip from panama. the soup is a traditional dish in chinese culture, and california passed a law in 2013 to ban buy or selling shark fin. >> first ever around the world solar powered flight should be complete this afternoon. it is expected to and in egypt the last leg, it started the march last area. since that time they have not used a single drop of fuel during the historic trip, has landed at most airfield in april before taking off in early may. you reported live on that shoulder. >> cool to see. >> police in newark turned pokemon go craze interest an opportunity to forge new relationships with the public. we at police headquarters when necessity lured manage position players by activating two stops there last night. the crowd include add lost people, it was published on facebook the hundreds showed up. it was a great opportunity to interact with people in a friendly

>>grant lodes: he bought this his salmon you conceded there was the warm water at a costco and novato this is his birthday dinner mail to get home and later that night started prepping the male only to be joined by and a parasite they need to do a better job of examining the fish when they get it enfiladed and wrapped up but pretty gross the new legislation signed into law this week it would affect all california colleges find out how the community is killing coming of next. ugh, this pimple's gonna last forever. oh come on. clearasil ultra works fast to begin visibly clearing up skin in as little as 12 hours. and acne won't last forever. just like your mom won't walk in on you forever. stephen! stephen! stephen! stephen! stephen! you see what i'm saying. acne won't last. but for now, let's be clear. clearasil works fast. and discover clearasil 5in1. one simple step to fight five signs of acne. >>catherine heenan: she joins us live see is that the arts center with both the victim and her alleged killer lived the. >>reporter: it to their rallying around each other as they tried to yiel

costco quickly agreed to a full refu refund. she received $689 to buy a new tv.ost coup said we do what is right by our member and considering the time of year and that she may have been calling the wrong number during the holidays we're giving her the benefit of the doubt. she was only a few weeks past the two-year mark when she made contact. >>> if you have a consumer complaint let us know about it. call 888-996-tips or upload your story to nbcbayarea.com/responds. tomorrow at 6:20 totally up the money we've saved you since nbc bay area responds debuted. have a great day. >> thanks a lot, chris. >>> putting more cash in the pot, the powerball jackpot is inching closer and closer to a half billion dallas. >> last night no one matched all six numbers including the powerba powerball. you seal them there on your screen. 10, 47, 50, 65, 68, powerball number of 24. this means saturday night's jackpot is an estimated $478 million. >> a lot of money. >>> coming up next on "today in the bay," a cold case, a new picture authorities help could help crack a decade's old mu

nbc bay area responds and prompts a change at costco. ===raj/close=== next. >>> finally, as we noted earlier, hillary clinton has some significant challenges when she steps on to the stage here tonight in philadelphia. after decades in politics, she must re-introduce herself and her vision to the american people. nbc's cynthia mcfadden has more on what led her to this historic moment tonight. >> reporter: tonight is hillary clinton's. after nearly 40 years in the public eye. with ups. >> and women's rights are human rights. >> reporter: and downs. >> i'm not sitting here some little woman standing by my man like tammy wynette. >> reporter: tonight she owns the stage. 24 years ago when bill clinton accepted his party's nomination, hillary clinton did not even give a speech. >> the campaign is now making some hard decisions about how best to use her come the fall. >> reporter: voters back then sorting out what they wanted from a first lady. when she got to the white house, she doubled up on roles, trying to please both critics and herself.

the big beat american express posted was largely due to a one-time gain coming from the sale of its costco portfolio that happened in the quarter. there's roughly a $1 billion gain that brought consolidated expenses down 15% and operating expenses down by 31%. the company said its spending will remain elevated for the second half of the year but investors will placated by the fact that the company still said not only would they affirm guidance but they are on track for 2016 to post earnings at the high end of the range. that was music to investors' ears for a company in the middle of the turnaround. i'm kayla tausche in new york. >>> and now to intel which saw its profit drop but revenue rise as the company booked a big charge related to cost, cuts and restructuring. expectations were for 53 cents. revenue was about in line with estimates and up more than 2% from a year ago and the chief financial officer stacy smith says the second half of the year looks strong. >> we have insight into what we think some of the big cloud customers are going to buy. we have new products coming in to the da

cofounders had to mortgage his home to finance it and it made its name on the shelves of walmart and costcod laura, back over to you. >> interesting back story. thanks a lot, landon. >>> a live look right now at oracle arena this morning where last night we got a sneak peak of the newest member of the golden state warriors. he wasn't wearing golden state colors though. kevin durant and team usa were in oakland to take on team china. kd and crew put on quite a show dominating their opponents doubling up the chinese, 107-57. durant ended up with a bakers dozen, 13 points. carmelo anthony netted 20. demarcus cousins led with fwun points and 11 board. red, white, and blue with gold in their sights. >> it was cool, man. it was different. obviously it's going to be different. but you know, vibes are great. everybody showed me major love. showed the team major love. so it was fun. >> it's going to be a fun year. we had this journey we got to endure first but it's easy to say, it's exciting, man. i'm so happy. first possession he touched it, let it fly. got the crowd going. >> and from the no one i

24 hours after sheriff lori smith installed seven cameras which she bought with her own money from costco. this after county supervisors told her it would cost millions of dollars and years to set up a quality monitoring system. fast forward to last week. the last of 270 cameras were installed in the main jail. costing only $20,000. a stopgap measure until that more advanced system can replace them. assistant sheriff. >> the intent so to provide greater transparency to the public and our jail community population. >> reporter: this is on the heels of a string of excessive force accusations against the jail. last august three deputies were charged in the beating death of michael tyree. then two guards were charged with assaulting an inmate rubin garcia. one filed a federal lawsuit charging excessive force against several guards. the cameras are said to already be paying dividend. when a six inch shank was revealed something rare. >> it is the ability of the inmates to stage and carry out a well-coordinated and planned attack on a inmate. >> there is no audio and it takes forever to downloa

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